Case Study: SNIM (National Industrial and Mining Company);
Business and Investment Opportunities in Mauritania
Fisheries;
Farming;
Mining sector.
Invest in Mauritania;
Access to the Mauritanian Market;
Business Plan for Mauritania.
The objectives of the subject “International Trade and Business in the Islamic Republic of Mauritania” are the following:
To analyze the Mauritanian Economy and Global Trade;
To know the business opportunities in the Islamic Republic of Mauritania;
To explore the Mauritanian trade relations with the country of the student;
To know the Mauritanian Trade Agreements;
To examine the profile of Mauritanian Companies;
To develop a business plan for the Mauritanian Market.
Global Trade and Business in Mauritania:
The Subject “Foreign Trade and Business in Mauritania” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:
Africa-BRICS (Brazil, Russia, India, China, South Africa).
Global Organizations:
World Bank (WB);
International Monetary Fund (IMF);
United Nations (UN)
Conference on Trade and Development (UNCTAD);
International Trade Centre (INTRACEN).
The Islamic Republic of Mauritania
Mauritania is located between the 15th and 27th north
parallel and covers an area of 1,030,700 square kilometers;
Mauritania It is bounded on the north by Algeria and the Western Sahara, to the east by Mali, on the south by Mali and Senegal
on the west by the Atlantic Ocean;
Mauritania belongs to the Maghrebian Economic Area (Islamic Civilization and the African Civilization).
Economy of Mauritania:
The main Mauritanian resources are Iron ore, fisheries, agriculture, livestock, Petrol, and gas;
The most dynamic sectors of the Mauritanian economy are mining (10% GDP), agriculture, and construction;
Mauritanian GDP growth: 6.9%;
Current account balance: -27.1% GDP;
Mauritanian Inflation: 5%;
Fishing agreement with the European Union;
Top Mauritanian trading partners: the European Union (France) and China;
Top Mauritanian
export markets: France (25% of the total exports), Japan, Spain, and Italy;
Trade with other African Markets: only 4% of total Mauritanian trade.
With more than fifty years of experience, SNIM (National Industrial and Mining Company) is the second largest African iron ore producer.
The company manages his Rail transport from the mines to the Port of Nouakchott (700 kilometers).