Tuesday, January 29, 2008

Mauritania squeezes money, promises out of World Bank

World Bank President Robert Zoellick traveled to Mauritania for a two-day visit with President Sidi Mohamed Ould Cheikh Abdallahi.

From Reuters:

In a signal of support aimed at donors and private investors, Zoellick signed a memorandum of understanding with the Mauritanian government on the development of the country's mineral resources and still-growing oil sector, the expansion of Nouakchott port and exploitation of natural gas for electricity.

Zoellick’s week-long tour will also take him to Liberia, Ethiopia to attend an African Union summit and Mozambique.

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