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.

  • August 3, 2023

Sixth regular session of the Board of Directors of APIM

Yesterday, Wednesday, August 2, 2023, the sixth regular session of the Board of Directors of the Investment Promotion Agency of Mauritania (APIM) was held, chaired by Mr. Moussa Fall, President of the Board.

During this session, the Director General, Ms. Aïssata Lam, presented APIM’s activity report for the second quarter of 2023, highlighting the following progress and achievements:

1. A budget adjustment in the Supplementary Budget Law (LFR) in the amount of 4,137,020 MRU was approved.

2. A partnership agreement was signed with the United Nations Development Programme (UNDP), aiming to establish a support program for APIM in favor of inclusive and sustainable growth in the country, including an “SDG Investor Map.”

3. A memorandum of understanding was concluded between APIM and the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), covering a guarantee offer for project holders and the training of APIM personnel to support affiliated investors.

4. The Technical Committee responsible for revising the Investment Code was established with a clear execution schedule, foreseeing the presentation of a document to the Council of Ministers in December 2023.

5. The update of the Investment Policy Report of Mauritania was initiated by UNCTAD, marking a significant advancement, as the last report dates back to 2009.

6. 917 companies were registered at the One-Stop Shop for Businesses during this quarter.

7. Two certificates were issued, one for the Establishment Agreements and one for an SME, corresponding to a declared investment amount of 6.4 billion MRU with an expected 85 direct and 85 indirect jobs.

During this Board of Directors meeting, the administrators had the opportunity to make recommendations for the successful continuation of the Agency’s operations.

#InvestInMauritania

New agreement between APIM and TECHGHIL to strengthen the employability of young graduates in Mauritania
Visit of the President of the Regional Council of Rabat-Sale-Kenitra to Mauritania

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