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Sierra Leone Insurance

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List of Insurance Companies Logos and Names in Sierra Leone

List of Insurance Companies Logos and Names in Sierra Leone. The symbol of a company is synonymous with its brand. The image of the logo is instantly recognizable and allows the customer to associate the company with the useful qualities such as trust, the right price and many other vital issues about finding the best coverage.

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    Health in Sierra Leone

    Some of the health issues and concerns that Sierra Leone has faced in the past include:

    1. Infectious Diseases: Sierra Leone has experienced outbreaks of infectious diseases, including Ebola and Lassa fever. These outbreaks have had significant impacts on public health and healthcare systems in the country.
    2. Maternal and Child Health: Maternal and child mortality rates have historically been high in Sierra Leone. Access to quality healthcare and maternal health services remains a concern.
    3. Malaria: Malaria is prevalent in Sierra Leone, particularly during the rainy season. It is a major public health issue and a leading cause of morbidity and mortality, especially among children under five and pregnant women.
    4. Limited Healthcare Infrastructure: Sierra Leone’s healthcare infrastructure has been historically weak, particularly in rural areas. There is a shortage of medical facilities, healthcare workers, and essential medical supplies.
    5. Malnutrition: Malnutrition remains a concern, especially among children. Nutritional interventions are crucial to improving the health and well-being of the population.
    6. Limited Access to Clean Water and Sanitation: Access to clean drinking water and sanitation facilities is limited in many parts of the country, leading to an increased risk of waterborne diseases.
    7. HIV/AIDS: The prevalence of HIV/AIDS is a concern in Sierra Leone, and efforts to prevent transmission and provide treatment are ongoing.

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    Seychelles Insurance

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    ​List of Insurance Companies Logos and Names in Seychelles

    ​List of Insurance Companies Logos and Names in Seychelles. The symbol of a company is synonymous with its brand. The image of the logo is instantly recognizable and allows the customer to associate the company with the useful qualities such as trust, the right price and many other vital issues about finding the best insurance

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      The economy of Seychelles

      The economy of Seychelles is based on fishing, tourism, the processing of coconuts and vanilla, coir (coconut fiber) rope, boat building, printing, furniture and beverages. Agricultural products include cinnamon, sweet potatoes, cassava (tapioca), bananas, poultry and tuna.

      The public sector, comprising the government and state-owned enterprises, dominates the economy in terms of employment and gross revenue, employing two-thirds of the labor force. Government consumption absorbs over one-third of the GDP.

      Financial Services
      In addition to the now booming tourism and building/real estate markets, Seychelles has renewed its commitment to developing its financial services sector. Government officials and industry participants believe this could overtake the tourism industry as the chief pillar of the economy by 2017. The recent passage of a revised Mutual Fund Act 2007, Securities Act 2007 and Insurance Act 2007 are meant to be the catalysts to move Seychelles from just another offshore jurisdiction to a full-fledged Offshore Financial Center (OFC).

      The Ministry of Finance is responsible for economic decisions and budgetary policy. A separate Monetary Authority supervises the banking system and manages the money supply. Although foreign banks operate branches in Seychelles, the government owns the two local banks—the Development Bank of Seychelles, which mobilizes resources to fund development programs, and the Seychelles Saving Bank, a bank for savings and current accounts.

      The Seychelles International Business Authority (SIBA) is charged with overseeing the quickly growing offshore industry.

      Offshore oil and gas
      New detailed studies and exploration shows that the Seychelles potentially have large off-shore petroleum reservoirs which are yet to be discovered. Drills have proven the presence of:

      Oil-prone source rocks containing Type II kerogen in coaly details shales of the Middle Jurassic and marine shales of the Upper Jurassic;
      Mixed source rocks bearing Type II/III kerogen deltaic marine shales of the Lower Cretaceous that are II correlative of oil-generating shales in Somalia;
      Gas-prone sources containing Type I kerogen in Upper Triassic fluvial shales and Paleocene marine shales, the latter being correlative of oil and gas generating source rocks of the Deep Continental Shelf trend of the Bombay High Oil Province offshore west India;

      Evidence of hydrocarbon generation and migration with well shows, such as 0.7 ml benzene in DST-1 of Reith Bank-1, 10,010 ppm of 99.8% n-C4 headspace gas coincident with as small fault in the same well and 20% petrol vapors at an immature level of vacancies in Owen Bank A-1;
      Clastic reservoirs with measured porosities up to 22% in the Early-Middle Jurassic;
      Sealing lithologies occur both locally in syn-rift, and regionally in post-rift sequences
      An extensive seismic dataset, plus a variety of remote sensing data have been collected which bolster the well data by confirming the presence of:
      A variety of trapping styles, dominated by tilted fault blocks, stratigraphic pickets’ and reefs;
      Multiple heating events, with the principal event post-dating trap formation; and
      Hydrocarbon generation and migration with the presence of: a) numerous DHIs on seismic, including gas chimneys, flat spots, bright spots, phase changes and chemosynthetic reefs; b) gas sniffer anomalies, involving ethane/ISO-butane in the southeast and propane/normal butane/total hydrocarbon in the north and northeast; c) UV fluorescence anomalies, especially over the wells and in the southeast; and d) 4 types of beach-stranded tar that correlate to the local source rock stratigraphy.

      However, to date all exploratory and stratigraphic test wells (a total of 9 since the 1970s) in the Seychelles have failed to find commercial hydrocarbons. The most recent wildcat by Enterprise Oil in 1995 detected gas, but failed to find hydrocarbons.

      Flag of Senegal featured In the: African Insurance Company, PostList of Insurance Companies Logos and Names in Senegal – World Insurance Companies Logos. Click on the logo image of the insurance companies to get a lot of updated information for each insurer. We would like to help you find the best assurance.

      List of Insurance Companies Logos and Names in Senegal

      List of Insurance Companies Logos and Names in Senegal. The symbol of a company is synonymous with its brand. The image of the logo is instantly recognizable and allows the customer to associate the company with the useful qualities such as trust, the right price and many other vital issues about finding the best coverage.

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        Healthcare in Senegal

        Healthcare in this country, a center topic of discourse in understanding the well-being and vitality of the Senegalese people. As of 2008, there was a need to improve Senegal’s infrastructure to promote a healthy, decent living environment.

        Additionally, the country needs more doctors and health personnel, particularly general practitioners, gynecologists, obstetricians, pediatricians, and cardiologists. In fact, this country has seven doctors per 100,000 citizens, while 32% of rural citizens have no access to medical care at all. Moreover, there is a strong need to have more of these personnel in rural areas: in 2008, had only twenty full-fledged hospitals, seven of which are in Dakar.

        From approximately 1905 to the present, there have been significant shifts in Senegal’s healthcare system, the system’s structures, specific diseases that are problematic in this Nation, as well as issues affecting women and children and access to healthcare in Senegal. As of 2019, there were 1,347 medical facilities, including 20 major hospitals.

        Expenditure on health in Senegal was 4.7% of GDP in 2014, US$107 per capita.

        Life expectancy at birth was estimated as 65 years for men in 2016 and 69 for women.

        In 2001 data, 54% of the population of this country were below the poverty line, which has implications on people’s wellbeing. Common medical problems in Senegal include child mortality, maternal death, malaria, and sexual diseases including HIV/AIDS. There is a high disparity in both the quality and extent of health services between urban and rural areas.

        The greatest problems in public health are in the East and South (Louga, Kaolack, and Tambacounda) and the region of Casamance.

        From Wikipedia

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        São Tomé and Príncipe Insurance

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        ​​List of Insurance Companies Logos and Names in São Tomé

        ​​List of Insurance Companies Logos and Names in São Tomé and Príncipe. The symbol of a company is synonymous with its brand. The image of the logo is instantly recognizable and allows the customer to associate the company with the useful qualities such as trust, the right price and many other vital issues about finding the best insurance.

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          São Tomé

          São Tomé e Príncipe, is a Portuguese-speaking island nation in the Gulf of Guinea, off the western equatorial coast of Central Africa. It consists of two archipelagos around the two main islands: São Tomé and Príncipe located about 140 kilometers (87 mi) apart and about 250 and 225 kilometers (155 and 140 mi), respectively, off the northwestern coast of Gabon.

          Both islands are part of an extinct volcanic mountain range. São Tomé, the sizable southern island, is situated just north of the equator. It was named in honor of Saint Thomas by Portuguese explorers who arrived at the island on his feast day.
          With a population of 163,000 (2010),the country is the second-smallest African country (Seychelles being the smallest). It is the smallest Portuguese-speaking country.

          Economy
          Since the 19th century, the economy of São Toméan has been based on plantation agriculture. At the time of independence, Portuguese-owned plantations occupied 90% of the cultivated area. After independence, control of these plantations passed to various state-owned agricultural enterprises. The main crop on Santomean Island is cocoa, representing about 95% of exports. Other export crops include copra, palm kernels, and coffee.

          Petroleum exploration
          In 2001, São Tomé and Nigeria reached agreement on joint exploration for petroleum in waters claimed by the two countries of the Niger Delta geologic province. After a lengthy series of negotiations, in April 2003 the joint development zone (JDZ) was opened for bids by international oil firms. The JDZ was divided into nine blocks; the winning bids for block one, ChevronTexaco, ExxonMobil, and the Norwegian firm, Equity Energy, were announced in April 2004, with Santomean island to take in 40% of the $123 million bid, and Nigeria the other 60%.

          Bids on other blocks were still under consideration in October 2004. São Tomé has received more than $2 million from the bank to develop its petroleum sector. Santomean stands to gain significant revenue both from the bidding process and from follow-on production, should reserves in the area match expectations.

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          Rwanda Insurance

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          List of Insurance Companies Logos and Names in Rwanda

          List of Insurance Companies Logos and Names in Rwanda. The symbol of a company is synonymous with its brand. In insurance, the image of the logo is instantly recognizable and allows the customer to associate the company with the useful qualities such as trust, the right price and many other vital issues about finding the best insurance.

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            Rwanda’s Economy

            Rwanda’s economy suffered heavily during the 1994 genocide, with widespread loss of life, failure to maintain infrastructure, looting, and neglect of important cash crops. This caused a large drop in GDP and destroyed the country’s ability to attract private and external investment.

            The economy has since strengthened, with per-capita GDP (PPP) estimated at $1,784 in 2015, compared with $416 in 1994. Major export markets include China, Germany, and the United States. The economy is managed by the central National Bank and the currency is the Rwandan franc; in August 2015, the exchange rate was 755 francs to the United States dollar. Rwanda joined the East African Community in 2007, and has ratified a plan for monetary union amongst the five member nations, which could eventually lead to a common East African shilling.

            Rwanda is a country of few natural resources, and the economy is based mostly on subsistence agriculture by local farmers using simple tools.

            The Rwandan Genocide

            The genocide, known officially as the genocide against the Tutsi, was a genocidal mass slaughter of Tutsi and moderate Hutu in Rwanda by members of the Hutu majority government. An estimated 500,000–1,000,000 Rwandans were killed during the 100-day period from April 7 to mid-July 1994, constituting as much as 70% of the Tutsi and 20% of Rwanda’s total population.

            The genocide was planned by members of the core political elite, many of whom occupied positions at top levels of the national government. Perpetrators came from the ranks of the Rwandan army, the Gendarmerie, government-backed militias including the Interahamwe and Impuzamugambi, as well as countless ordinary civilians.

            On April 6, 1994, an airplane carrying Habyarimana and Burundian president Cyprien Ntaryamira was shot down on its descent into Kigali, killing all on board.
            Genocidal killings began the following day; soldiers, police, and militia quickly executed key Tutsi and moderate Hutu leaders, then erected checkpoints and barricades and used Rwandans’ national identity cards to systematically kill Tutsi. These forces recruited or pressured Hutu civilians to arm themselves with machetes, clubs, blunt objects, and other weapons to rape, maim, and kill their Tutsi neighbors and to destroy or steal their property.

            The breach of the peace agreement led the RPF to restart its offensive and rapidly seize control of the northern part of the country before capturing Kigali in mid-July, bringing an end to the genocide. During these events and in their aftermath, the United Nations (UN) and countries, including the United States, the United Kingdom, and Belgium were criticized for their inaction, including failure to strengthen the force and mandate of the UN Assistance Mission for Rwanda (UNAMIR) peacekeepers, while observers criticized the government of France for alleged support of the Hutu-led government after the genocide had begun.

            Today, Rwanda has two public holidays mourning the genocide. The national mourning period begins with Kwibuka, the national commemoration, on April 7 and concludes Liberation Day on July 4. The week following April 7 is an official week of mourning, known as Icyunamo. The genocide served as an impetus for creating the International Criminal Court to eliminate the need for ad hoc tribunals to prosecute genocide, crimes against humanity, and war crimes.
            ​From Wikipedia

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            Nigeria Insurance

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            List of insurance companies logos and names in Nigeria

            List of insurance companies logos and names in Nigeria. Click on the logo image of the insurance companies to get a bunch of up-to-date information for every insurer. We would like to help you find the best coverage. 

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              Economy in Nigeria

              ​Agriculture
              This country ranks sixth worldwide and first in Africa in farm output.
              Agriculture has suffered from years of mismanagement, inconsistent and poorly conceived government policies, neglect and the lack of basic infrastructure.

              Still, the sector accounts for over 26.8% of GDP and two-thirds of employment. Nigeria has 19 million head of cattle, the largest in Africa. Nigeria is no longer a major exporter of cocoa, groundnuts (peanuts), rubber, and palm oil. Cocoa production, mostly from obsolete varieties and overage trees, has nevertheless increased from around 180,000 tons annually to 350,000 tons.
              ​
              A dramatic decline in groundnut and palm oil production also has taken place. Once the biggest poultry producer in Africa, corporate poultry output has been slashed from 40 million birds annually to about 18 million. Import constraints limit the availability of many agricultural and food processing inputs for poultry and other sectors.

              Fisheries are poorly managed. The most critical for the country’s future, Nigeria’s land tenure system does not encourage long-term investment in technology or modern production methods and does not inspire the availability of rural credit.

              Agricultural products include cassava (tapioca), corn, cocoa, millet, palm oil, peanuts, rice, rubber, sorghum, and yams. In 2003 livestock production, in order of metric tonnage, featured eggs, milk, beef and veal, poultry, and pork, respectively. In the same year, the total fishing catch was 505.8 metric tons. Round wood removals totaled slightly less than 70 million cubic meters, and sawnwood production was estimated at 2 million cubic meters.

              The agricultural sector suffers from extremely low productivity, reflecting reliance on antiquated methods. Although overall agricultural production rose by 28% during the 1990s, per capita output rose by only 8.5% during the same decade. Agriculture has failed to keep pace with Nigeria’s rapid population growth, so that the country, which once exported food, now relies on imports to sustain itself.

              Oil
              The oil boom of the 1970s led Nigeria to neglect its strong agricultural and light manufacturing bases in favor of an unhealthy dependence on crude oil. In 2000, oil and gas exports accounted for more than 98% of export earnings and about 83% of federal government revenue. New oil wealth, the concurrent decline of other economic sectors, and a lurch toward a statist economic model fueled massive migration to the cities and led to increasingly widespread poverty, especially in rural areas.

              A collapse of basic infrastructure and social services since the early 1980s accompanied this trend. By 2000, Nigeria’s per capita income had plunged to about one-quarter of its mid-1970s high, below the level at independence. Along with the endemic malaise of Nigeria’s non-oil sectors, the economy continues to witness massive growth of “informal sector” economic activities, estimated by some to be as high as 75% of the total economy.

              Nigeria’s proven oil reserves are estimated to be 35 billion barrels (5.6×109 m3); natural gas reserves are well over 100 trillion cubic feet (2,800 km3). Nigeria is a member of the Organization of Petroleum Exporting Countries (OPEC).

              The types of crude oil exported from Nigeria are Bonny light oil, Forcados crude oil, Qua Ibo crude oil and Brass River crude oil. Poor corporate relations with indigenous communities, vandalism of oil infrastructure, severe ecological damage, and personal security problems throughout the Niger Delta oil-producing region continue to plague Nigeria’s oil sector.

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              Niger Insurance

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              ​​List of Insurance Companies Logos and Names in Niger

              ​​List of Insurance Companies Logos and Names in Niger. The symbol of a company is synonymous with its brand. A logotype is immediately recognizable and allows the client to associate the company with appropriate qualities like confidence, the right price and many other vital issues about finding the best insurance.
              Find the best insurance costs, coverage and claim support. Select the insurer you are confident in.

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                Niger

                It borders Nigeria and Benin to the south, Burkina Faso and Mali to the west, Algeria and Libya to the north and Chad to the east. The country covers a land area of almost 1,270,000 km2, making it the largest nation in West Africa, with over 80 percent of its land area covered by the Sahara desert.

                The country’s predominantly Islamic population of just above 15,000,000 is mostly clustered in the far south and west of the nation. The capital city is Niamey, located in the far-southwest corner of the country.

                The economy centers on subsistence crops, livestock, and some of the world’s largest uranium deposits. Drought cycles, desertification, a 2.9% population growth rate, and the drop in world demand for uranium have undercut the economy.
                Niger is a landlocked nation in West Africa located along the border between the Sahara and Sub-Saharan regions. 

                This country borders seven countries and has a total perimeter of 5,697 kilometers (3,540 mi). The longest border is with Nigeria to the south (1,497 km/930 mi). This is followed by Chad to the east, at 1,175 km (730 mi), Algeria to the north-northwest (956 km/594 mi), and Mali at 821 km (510 mi). This nation also has small borders in its far southwest with Burkina Faso at 628 km (390 mi) and Benin at 266 km (165 mi) and to the north-northeast Libya 354 km (220 mi).

                Climate
                Niger’s subtropical climate is mainly very hot and dry, with much desert area. In the extreme south, there is a tropical climate on the edges of the Niger River basin. The terrain is predominantly desert plains and sand dunes, with flat to rolling savanna in the south and hills in the north.

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                Namibia Insurance

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                ​​List of Insurance Companies Logos and Names in Namibia

                ​​List of Insurance Companies Logos and Names in Namibia. The graphic mark of a company is synonymous with its brand. A logotype is instantly recognizable and allows the customer to associate the company with the useful qualities such as trust, the right price and many other vital issues about finding the best coverage.

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                  Namibian Economy 

                  ​Sectors
                  This country is heavily dependent on the extraction and processing of minerals for export. Taxes and royalties from mining account for 25% of its revenue. The bulk of the revenue is created by diamond mining, which made up 7.2% of the 9.5% that mining contributes to Namibia’s GDP in 2011.

                  Rich alluvial diamond deposits make this region a primary source for gem-quality diamonds. Namibia is a large exporter of uranium and over the years the mining industry has seen a decline in the international commodity prices such as uranium, which has led to the reason behind several uranium projects being abandoned.

                  Experts say that the prices are expected to rise in the next 3 years because of an increase in nuclear activities from both Japan and China. The mining industry in Namibia is supposedly going to reach US1.79bn by the year 2018

                  Mining and energy

                  Diamond production totalled 1.5 million carats (300 kg) in 2000, generating nearly $500 million in export earnings. Other important mineral resources are uranium, copper, lead, and zinc. The country also is a source of gold, silver, tin, vanadium, semiprecious gemstones, tantalite, phosphate, sulphur, and salt.

                  This nation is the fourth-largest exporter of nonfuel minerals in Africa, the world’s fifth-largest producer of uranium, and the producer of large quantities of lead, zinc, tin, silver, and tungsten.

                  Namibia has two uranium mines that are capable of providing 10% of the world mining output. The mining sector employs only about 3% of the population while about half of the population depends on subsistence agriculture for its livelihood. Namibia normally imports about 50% of its cereal requirements; in drought years food shortages are a major problem in rural areas.

                  During the pre-independence period, large areas of Namibia, including offshore, were leased for oil prospecting. Some natural gas was discovered in 1974 in the Kudu Field off the mouth of the Orange River, but the extent of this fund is only now being determined.

                  Health in Namibia

                  1. Healthcare System: Namibia has made significant efforts to improve its healthcare system, which includes a mix of public and private healthcare providers. The country has been working to expand healthcare facilities and enhance the quality of medical services.
                  2. Healthcare Access: Despite improvements, access to healthcare remains a challenge, particularly in rural and remote areas. The distribution of healthcare facilities and medical professionals can be uneven, leading to disparities in access to services.
                  3. Infectious Diseases: Namibia faces various infectious diseases, including HIV/AIDS, malaria, tuberculosis, and hepatitis. HIV/AIDS has been a significant health concern, and the government has implemented programs to combat the spread of the disease and provide antiretroviral treatment.
                  4. Maternal and Child Health: Efforts have been made to improve maternal and child health in Namibia. Maternal mortality rates have decreased, and there have been improvements in child vaccination rates and access to prenatal and postnatal care.
                  5. Non-Communicable Diseases (NCDs): Like many countries, Namibia has seen an increase in non-communicable diseases such as diabetes, cardiovascular diseases, and cancer. Addressing these health issues has become a priority for the healthcare system.
                  6. Mental Health: Mental health is an emerging concern in Namibia, and efforts are being made to increase awareness and improve access to mental health services.
                  7. Healthcare Infrastructure: Namibia has been investing in expanding and upgrading healthcare infrastructure, aiming to provide better healthcare services to its population.
                  8. Health Insurance: The government of Namibia has introduced the National Health Insurance (NHI) scheme, aimed at providing universal health coverage and improving access to healthcare services for all citizens.
                  9. Water and Sanitation: Access to clean water and sanitation is essential for public health. Namibia has been working on improving water and sanitation facilities in both rural and urban areas to reduce the risk of waterborne diseases.

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                  Mozambique Insurance

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                  List of Insurance Companies Logos and Names in Mozambique

                  List of Insurance Companies Logos and Names in Mozambique. The graphic mark of a company is synonymous with its brand. A logotype is instantly recognizable and allows the customer to associate the company with the useful qualities such as trust, the right price and many other vital issues about finding the best coverage.

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                    Health in Mozambique

                    1. Healthcare System: Mozambique’s healthcare system is primarily public, with a significant number of health facilities run by the government. However, access to healthcare services can be limited, especially in rural and remote areas.
                    2. Healthcare Access: Many Mozambicans still struggle to access essential healthcare services, including primary care and specialized treatments. The country’s healthcare infrastructure and resources are often inadequate to meet the needs of the growing population.
                    3. Infectious Diseases: Mozambique has faced significant challenges related to infectious diseases, such as malaria, HIV/AIDS, and tuberculosis. Malaria is particularly prevalent and remains a major public health concern.
                    4. Maternal and Child Health: Maternal and child health indicators have improved over the years, but challenges persist. Maternal mortality rates are relatively high, and there are still issues with access to quality prenatal and postnatal care, as well as skilled birth attendants.
                    5. Malnutrition: Malnutrition is a serious concern in Mozambique, especially among children under five years old. Nutritional deficiencies can lead to stunted growth and other health problems.
                    6. Natural Disasters and Health Emergencies: Mozambique is prone to natural disasters, such as cyclones and floods, which can disrupt healthcare services and exacerbate existing health challenges.
                    7. Access to Clean Water and Sanitation: Access to clean drinking water and proper sanitation facilities remains limited in some regions, contributing to the spread of waterborne diseases.
                    8. Healthcare Funding: The Mozambican government has been working to improve healthcare funding and invest more in the health sector. However, financial constraints continue to impact the availability and quality of healthcare services.

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                    Mauritania Insurance

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                    ​​List of Insurance Companies Logos and Names in Mauritania

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                      Mauritania

                      This country, is an Arab Maghreb country in West Africa. It is bordered by the Atlantic Ocean in the west, by Western Sahara (controlled by Morocco) in the north, by Algeria in the northeast, by Mali on the east and southeast, and by Senegal on the southwest. It is named after the ancient Berber Kingdom of Mauretania, which later became a province of the Roman Empire, even though the modern Mauritania covers a territory far to the south of the old Berber kingdom that had no relation with it.

                      The capital and largest city is Nouakchott, located on the Atlantic coast.
                      The government of this nation was overthrown on 6 August 2008, in a military coup d’état led by General Mohamed Ould Abdel Aziz. On 16 April 2009, General Aziz resigned from the military to run for president in the 19 July elections, which he won. In Mauritania about 20% of the population live on less than US$1.25 per day.
                      Slavery in Mauritania has been called a major human rights issue as well as female genital mutilation, child labor, and human trafficking

                      Economy
                      Graphical depiction of Mauritania’s product exports in 28 color-coded categories
                      Despite being rich in natural resources, this nation has one of the lowest GDP rates in Africa. A majority of the population still depends on agriculture and livestock for a livelihood, even though most of the nomads and many subsistence farmers were forced into the cities by recurrent droughts in the 1970s and 1980s.

                      Mauritania has extensive deposits of iron ore, which account for almost 50% of total exports. With the current rises in metal prices, gold and copper mining companies are opening mines in the interior. The country’s first deepwater port opened near Nouakchott in 1986. In recent years, drought and economic mismanagement have resulted in a buildup of foreign debt. In March 1999, the government signed an agreement with a joint World Bank-International Monetary Fund mission on a $54 million enhanced structural adjustment facility (ESAF).

                      The economic objectives have been set for 1999–2002. Privatization remains one of the key issues. Mauritania is unlikely to meet ESAF’s annual GDP growth objectives of 4%–5%.

                      Oil was discovered in Mauritania in 2001 in the offshore Chinguetti field. Although potentially significant for the Mauritanian economy, it remains to be seen how much it will help the country. Mauritania has been described as a “desperately poor desert nation, which straddles the Arab and African worlds and is Africa’s newest, if small-scale, oil producer.” There may be additional oil reserves inland in the Taoudeni basin, although the harsh environment will make extraction expensive.

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