THESE COMPANIES

Tasiast

The Tasiast gold mine has been operated since 2010 by Kinross Gold Corporation through its wholly-owned subsidiary Tasiast Mauritanie Limited S.A. (TMLSA). Located in the middle of large desert expanses, 300 kilometers northeast of Nouakchott in the Inchiri region, Tasiast is an open-pit mine. The gold contained in the ore mined from the pits is recovered through a processing plant and heap leach facilities. Tasiast's proven and probable gold reserves are estimated at 6330 million ounces of gold

Moov

Moov Mauritel works in collaboration with the Mauritanian State and the Strategic Partner to constantly modernize and increase the capacity of telecommunications infrastructure in Mauritania and significant progress has been made in this area, which makes Moov Mauritel the leader of telecommunications in our country and places it at the forefront in terms of offers, coverage and technological and commercial innovation.

BP

BP established its presence in Mauritania and Senegal in 2017, following the discovery of a gas field which straddles the maritime border of the two countries. Since entering in Mauritania and Senegal, bp partnered with Kosmos Energy, Mauritanian Company for Hydrocarbons  (SMH) and Oil Company of Senegal (PETROSEN) on the development of the multi-phase Greater Tortue Ahmeyim (GTA) Project.

Total Energies

TotalEnergies is a global multi-energy energy production and supply company: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Present in more than 130 countries, we place sustainable development in all its dimensions at the heart of our projects and operations to contribute to the well-being of populations.

The Central Bank of Mauritania

The Central Bank of Mauritania created by Law No. 73-118 of May 30, 1973 amended by Laws 74-118 of June 8, 1974 and 75-332 of December 26, 1975, is a legal person whose organization, management, the control, powers, objectives, instruments and operations are determined by Law No. 034/2018/PR/ on the statutes of the Central Bank of Mauritania.

Arise

Arise Mauritania is the developer of a container terminal at the Port of Nouakchott in a public private partnership with the Republic of Mauritania. Arise develops and operates modern ports that function as a multifunctional hub in every country we work. The infrastructure is interconnected with national industrial centers, thereby greatly enhancing the import-export capacity of our African partners.

Meeting with Al-Mada Group 

On Friday, February 28, 2025, the Investment Promotion Agency of Mauritania (APIM) participated in a meeting with a delegation from the Moroccan group Al-Mada, which was on an official visit to Mauritania.

The meeting was chaired by H.E. Codioro Moussa Nguenor, Minister Delegate to the Minister of Economy and Finance in charge of the Budget. It took place at the Ministry’s headquarters in the presence of H.E. Hamid Chabar, Ambassador of Morocco to Mauritania.

During the meeting, APIM’s Director General, Mrs. Aïssata Lam, outlined the advantages and incentives available to investors in Mauritania, emphasizing the key improvements introduced in the new Investment Code. She also reaffirmed the agency’s commitment to supporting investors and facilitating their business expansion in Mauritania.

For its part, the Al-Mada Group expressed strong interest in several investment sectors and reaffirmed its commitment to strengthening its presence in the Mauritanian market.

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