Mauritania: 3rd term risk

Summary: An apparent reversal by President Mohamed Ould Abdel Aziz on not wanting a third term in office raises political risk levels in Mauritania and could compromise the country’s legislative and regulatory stability that foreign oil majors including ExxonMobil, BP, and Total are basing final investment decisions on. Analysis Mauritanian government spokesman Mohamed Amin Ould Cheikh stated July 7 that President Mohamed Ould Abdel Aziz will soon clarify his intentions on seeking a third term in office. Given the combination of poor economic performance, severe drought and perceptions held by the political opposition that the government has neglected its duties …

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