Mauritania: World Bank loan to support Tortue

The World Bank approved on 16 March a $20m International Development Association grant to Mauritania to enhance the country’s capacity to negotiate investment agreements for developing the Grand Tortue Ahmeyim gas resource straddling the maritime boundary between Mauritania and Senegal.The bank said the grant would help Mauritania mobilise international expertise to strengthen the institutions involved in managing the field and its development. It will also strengthen the government’s capacity to engage effectively with stakeholders.