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Gold trade privatisation already generating new business
As the Mauritanian government prepares a bill to break the central bank's monopoly on the trade of gold produced in the country, a consortium consisting of the local firm Magma Group, the NGO PACT and the Monegasque refinery Aurum Monaco has applied for a licence to start up as a trader. [...]
Former president Mohamed Ould Abdel Aziz faces a highly political investigation
Relations between Mauritanian President Mohamed Ould Ghazouani and his predecessor Mohammed Ould Abdel Aziz have become distinctly hostile since the end of 2019 and the battle between them is becoming increasingly indiscreet. The current "master" of Nouakchott can rely, moreover, on an army of lawmakers determined to settle their scores with Aziz. [...]