Farmer in Mauritania. The World Bank will be focusing on boosting the competitiveness of the agriculture sector in Mauritania. Photo by: James Martone / World Bank / CC BY-NC-ND
Like many other African countries, Mauritania largely benefits from extractive industries. The country’s gross domestic product increased 6.7 percent in 2013 and is projected to grow by an average 6.5 percent from 2014-2016. Construction and foreign investments are other contributors to economic growth.
Poverty is still prevalent, however, especially in rural Mauritania. The economy grew mainly as a result of recent strides in capital-driven sectors such as mining and industrial fishing. These sectors require high-level skills, which most Mauritanian workers lack. Climate change likewise remains a huge threat, affecting productivity in the agricultural sector, which employs the majority of the workforce. Further, security threats such as terrorism, illegal immigration, drug trafficking and the Malian crisis continue to drive away investors and tourists alike.
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