Algeria and Mauritania Bolster Economic Ties During High-Level Talks in Nouakchott Copy link

NOUAKCHOTT — The 8th Edition of the Algerian Products and Services Fair has successfully pivoted from showcasing potential to solidifying concrete economic alliances. In a high-level ceremony held in the Mauritanian capital, Algerian and Mauritanian officials oversaw the signing of 23 commercial agreements and 4 healthcare cooperation Mous, marking a new milestone in bilateral relations.

The signing was attended by Algeria’s Ambassador to Mauritania, H.E. Amine Said, alongside top-tier representatives from the Mauritanian Employers’ Federation, the Investment Promotion Agency, and the Council for Algerian Economic Renewal (CREA).

The agreements span several strategic sectors, signaling a diversification of Algerian exports:

Infrastructure & Energy: A standout deal was secured by “Elsewedy Electric,” signing a $15 million commercial contract.

Mining & Raw Materials: The SONAREM Group, through its subsidiary ENOF, signed two Memoranda of Understanding to export critical minerals including Dolomite, Bentonite, and Calcium Carbonate to the Mauritanian market.

Manufacturing: The motorcycle manufacturer “SYM” and various public enterprises also finalized key trade partnerships.

In a significant expansion of Algeria’s service sector, the Al-Azhar Clinic signed four cooperation agreements with Mauritanian public and private health institutions. This move underscores the growing regional confidence in Algerian medical expertise and specialized hospital services.

The Ministry of Foreign Trade and Export Promotion highlighted that these results are not exhaustive; more agreements are expected in the coming days. The fair has evolved beyond a traditional exhibition, becoming a primary engine for regional integration and a platform for tangible investment.

The Bureau of the Pan-African Pariament PAP, chaired by Fateh Boutbig, held a virtual meeting with representatives from the South African Parliament, including Thandi Modise. This marks the first bilateral meetings held by the Bureau of the seventh legislative term since its election.

The meeting served as an opportunity to discuss ways to strengthen existing cooperation as the Pan-African Parliament enters a new phase. Both parties reaffirmed their commitment to ongoing coordination and the development of joint action mechanisms.

The PAP Bureau praised the support and facilities provided by South Africa over the past twenty years, expressing appreciation for its role in hosting the continental parliamentary institution.

For her part, the Speaker of the National Assembly of South Africa congratulated the members of the new PAP Bureau on their election. She emphasized that the electoral process was conducted in accordance with the African Union’s principle of fair, regular, and predictable regional rotation, ensuring balanced representation of the continent’s five regions as well as gender balance.

ALGIERS – Ways to develop joint Algerian-American projects were discussed during a meeting between the President of the Council for Algerian Economic Renewal (CREA), Kamel Moula, and U.S. officials at the “SelectUSA” Investment Summit in Maryland, according to a statement issued by the Council on Thursday.

As part of the summit, which commenced last Sunday with the participation of approximately 5,000 economic actors from 100 countries, Mr. Moula met with the Deputy Director General of the U.S. Department of Commerce, Thomas Bruns, in the presence of the Chargé d’Affaires at the U.S. Embassy in Algiers, Marc Shapiro.

The U.S. official expressed satisfaction with the Algerian participation in the summit, highlighting the strong partnership between Algeria and the United States and the promising outlook for their economic relations. Furthermore, he expressed a desire to intensify activities to promote Algeria and showcase its potential to American business leaders.

Mr. Bruns proposed the organization of an annual meeting between the two parties to monitor and evaluate the progress of committed projects, according to the same source.

For his part, Mr. Moula outlined the economic transformations taking place in Algeria, particularly in the industrial sector, which open “broad horizons” for partnership. He noted that Algeria aspires to achieve “high-tech projects and establish partnerships across multiple sectors.”
Sector-Specific Cooperation (Mississippi):
The CREA delegation also met with representatives from several U.S. states, including the team of the Governor of Mississippi. Known for its production capacity in corn, sugarcane, soybean, wheat, and cotton, as well as its energy sector, the meeting focused on opportunities to develop joint projects in these specific fields.