The Spanish government has committed €200 million to support Spanish investments in Mauritania.
The announcement was made by Prime Minister of Spain and Mohamed Ould Cheikh El Ghazouani, President of Mauritania last week during a meeting aimed at strengthening bilateral economic cooperation and expanding private sector partnerships.
The funding includes concessional loans for energy transition projects, feasibility studies, risk guarantees and support mechanisms for Spanish companies operating in Mauritania. Spain will appoint its first economic and commercial representative in Nouakchott in September 2025 to enhance institutional presence and investor support.
Spain is Mauritania’s top trading partner within the European Union and is committed to expand cooperation through EU initiatives such as the Global Gateway and the Alliance for the Advancement of Africa.
President El Ghazouani stated, “This forum is an important step that reflects the private sector’s role in strengthening economic relations. Mauritania offers promising investment opportunities in the sectors of production, services, infrastructure, and energy.”