IMF sees Mauritania’s extractive sector growth tripling

The IMF expects that Mauritania’s economy will almost triple in 2025, due to the contribution of the extractive sector and especially by gas exports set to start in the second half of this year.

Felix Fischer, the IMF’s head of mission to Mauritania told Bloomberg: “Growth in the mining sector of 5.5% predicted for 2024 is forecast to reach 14.3% in 2025 based on mining and gas revenue from the Grand Tortue Ahmeyim development, which brings Mauritania’s overall real growth in 2025 to 5.5%”.