President Ghazouani’s widely admired whole-of-government approach to ensuring security for citizens and investors in the West African nation has laid the groundwork for inclusive and sustainable socioeconomic development
An MCC program, inclusion in the AGOA trade scheme and a new one-stop shop for investors will catalyze investments into Mauritania
Mauritania’s economy is transitioning as it starts to exploit its rich potential in natural gas, renewable energies and green minerals
Ports are supporting Mauritania’s vision of becoming an energy center, while creating opportunities for increased regional trade
With international partners, Mauritania seeks to capitalize on its mining experience, infrastructure and resources to expand the sector and decarbonize the iron and steel industry
All of Mauritania’s macroeconomic indicators are now set to green, after extensive reforms to its monetary, fiscal and banking frameworks
Mauritania’s strong and well-governed banks are helping to upscale traditional industries, facilitate emerging sectors, develop SMEs and boost financial inclusion
Rapid development of high-standard digital infrastructure is a strategic imperative for Mauritania’s government
Digital banking solutions have helped double financial inclusion levels in just a few years
Business leaders are playing a crucial role in economic diversification and improving the nation’s investment environment
Extensive investments in industrial, transport, logistics and digital infrastructure cement Mauritania’s attractiveness for investors in service industries
Mauritania’s fishing sector is a prime example of how the country is seeking to develop its food production industries by boosting the sustainable exploitation and local transformation of its resources
"Given the United States' growing interest in Africa, I am optimistic that our geographical proximity and the potential opportunities we offer position Mauritania as a future pivotal partner for the United States within the African continent."
"With a stable environment, strategic location, and multifaceted development initiatives, our country stands as a promising destination for those seeking to contribute to and benefit from sustained growth and prosperity."
"While our real economic growth potential may be realized by the end of the decade, we acknowledge the importance of a strong social protection program to ensure societal well-being, address inequality, and tackle extreme poverty challenges during this transitional phase."
"Our digital transformation agenda is a multifaceted initiative characterized by comprehensive planning, strategic partnerships, and a resolute focus on delivering real value to citizens and the broader society."
"Mauritania presents abundant investment opportunities across various sectors, notably energy and more. The country is undergoing rapid transformation, providing a conducive business climate, along with incentives and benefits for investors."
"The nation's commitment to preserving macroeconomic balances is evident in the implementation of substantial structural reforms aimed at diversifying the economy, embracing digitalization, and placing a prominent focus on addressing climate change."
"The government's initiatives in infrastructure improvements have had a significant impact on the fishing sector."
"A noteworthy development in recent times has been the significant surge in youth entrepreneurship, marked by the emergence of startups, SMEs, and income-generating projects entirely conceived and managed by young Mauritanian graduates."
"Within the mining sector, the considerable influence, expertise, and openness to partnerships demonstrated by SNIM, alongside its robust infrastructure comprising railways and ports, create a favorable environment for collaborative ventures in this domain."
"The country's vast capacities in renewable energy sources, particularly in solar and wind, position it as a notable energy hub within the sub-region."
"Under the leadership of the current president, Mohammed Ould Cheikh El Ghazouani, the UNPM has found a dedicated advocate who recognizes the paramount importance of the private sector as the driving force behind the country's economy."
Business Focus: Mauritania’s economy has grown by 2.4% in 2021 and 5.2% in 2022, fueled by the newfound oil and gas combined with its large mining, agriculture and livestock resources. In 2023 and 2024, GDP growth is expected to average 6.5%. To begin, could...
"PANPA's multifaceted approach, marked by infrastructure enhancement, technological innovation, and strategic partnerships, positions it as a driving force in the economic vibrancy and sustainable development of Mauritania and the broader Sahel region."