Magharebia (Washington DC)

Mauritania to Invest in Sugar Production

Mauritania will launch large-scale sugar production starting 2015, AFP reported on Wednesday (November 7th). Some 430 million dollars will be invested in the project, to be used for the planting of 18,000 hectares of sugar cane in the south, as well as for the construction of processing facilities. Authorities expect the new industry to provide thousands of new jobs.

The State will finance 60% of the endeavour, while the remainder will be funded by international partners.

According to Mauritanian Economy Minister Sidi Ould Tah, this is the "largest agriculture and food industry project that the nation has known in its history".

  • Comment

Copyright © 2012 Magharebia. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica aggregates and indexes content from over 130 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.

Comments Post a comment