The Mauritanian Investment Promotion Agency, in collaboration with the African Development Bank, convened, on March 25, 2026, a high-level workshop in Nouakchott to review financing mechanisms aimed at supporting private sector projects. The initiative forms part of broader efforts to strengthen cooperation between regional financial institutions and domestic economic actors, with a view to stimulating investment and accelerating national development.
Addressing participants, Minister of Economic Affairs and Development Abdallah Suleiman Sheikh Sidiya underscored the strategic value of the forum in identifying priority projects eligible for funding. He noted that the engagement would help mobilize critical resources while fostering constructive dialogue between public and private sector stakeholders—an alignment he described as essential for sustainable economic growth.
The minister further highlighted Mauritania’s competitive investment landscape, pointing to its abundant natural resources and emerging opportunities across high-value sectors. These include extractive and manufacturing industries, renewable energy—particularly green hydrogen—alongside agriculture, fisheries, and a steadily expanding services sector.
El-Tah Ahmed Maouloud, Director General of the Investment Promotion Agency, outlined that the workshop is anchored on three core pillars: clarifying financing requirements, strengthening project preparation, and improving access to funding. He added that the agency’s mandate has evolved to include project structuring and monitoring, ensuring the development of a credible pipeline of bankable ventures.
Meanwhile, African Development Bank representative Malin Blomberg emphasised the institution’s commitment to promoting innovative financing instruments tailored to transformative sectors such as mineral processing, energy infrastructure, and sustainable value chains. She also reiterated the Bank’s support for small and medium-sized enterprises through local financial systems, reinforcing its broader agenda of strengthening Africa’s private sector ecosystem.
