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.

Why Mauritania

MAURITANIA THE NEW INVESTMENT FRONTIER

liver-flaq
Name
Capital
Currency
Time Zone
Population
Area
GDP
Islamic Republic of Mauritania
Nouakchott
Ouguiya ( MRU/MRO )
GMT
4 372 037 M
1,03 M km 2
US$ 7,6 Billion

WHY
INVEST IN
MAURITANIA

Mauritania is …

Business Friendly

The Investment Promotion Agency – APIM – is the onestop-shop for investors: from business registration that takes 1 to 2 days, to the completion of all administrative formalities, the investor is taken care of from A to Z in one place.

OPEN

Mauritania made starting a business easier by eliminating the minimum capital requirement. There is no restriction for a foreign entity to operate. The investment code offers great fiscal incentives.

A WINDOW TO AFRICA & EUROPE

At the crossroad of a 300M Market, with its privileged geographical position, Mauritania has direct access to Europe, MENA and Sub-Saharan Africa.

UPWARD TRENDING

With its positive outlook, new vision and a number of incoming reforms to improve the business climate, Mauritania is sending a message:: « We are open for business ».

Country of the million poets, land of encounters and poetic landscapes, Mauritania has over the centuries established itself as a bridge of civilizations, cultures and heritage.

Mauritania is bordered by a coastline of nearly 750km on its western shores with the Atlantic Ocean & up north by the Sahara Desert.

Far east, the country spans over Mali down to the south while naturally boarding Senegal with its river.

H.E President Mohamed Cheikh El Ghazouani took office in August 2019, marking the first democratic transition of power in Mauritania.

The government’s vision is guided by an ambitious program, the main objective being to engage Mauritania on the path of progress through bridge of civilizations, cultures and heritage, socio-economic policies,

political reforms and consolidation of social cohesion. Strengthening the stability and security of the country is also the cornerstone of the president’s action, as translated by his leadership in the G5 Sahel coalition.

Mauritania is a mostly desertic country which enjoys a strategic geographical position at the crossroads of North and Sub-Saharan Africa.

The mountain ranges of Assaba, Tagant and Adrar culminate at 400 and 500 meters respectively in the center and northern region of the country. The highest peak, Kédia d’Idjil, rises to 917 meters in the Tiris Zemour region.

With the exception of the alluvial plain of the Senegal River, the Chemama, 10 to 25 km wide, the rest of the country is largely made up of dune alignments. Mauritania enjoys a Sahelo-Saharan climate, generally dry but mild in the coastal regions due to the proximity of the ocean

The rainfall is very irregular and varies by region: in the south, it rains every year while in the north the rainfall curve is sawtooth..

Mauritania is open
for business

Mauritania has been open to foreign direct investment, especially in the mining, hydrocarbon, agriculture and fishing sectors.

The government is also encouraging further investments in productive sectors: Agribusiness, Livestock and Animal production.

An updated Investment Code enhances the security of investments and facilitates administrative procedures.

  • The Code provides for free repatriation of foreign capital and wages for foreign employees Small and Medium Enterprises do not pay any tax or customs duties
  • It also created free points of importation and export incentives
  • Formation of Special Economic Zones are facilitated to encourage regional development

The Nouadhibou Free Zone was created with its own regulatory scheme..

The Investment Promotion Agency, the government entity in charge of national and foreign investment, is the single window for investments in the country.

The one-stop-shop deals with the submission of files in order to obtain permits, administrative procedures, establishment of businesses and issuing work permits for foreign workforce.

Mauritania , UP TO
its potential

The main resources of Mauritania are agriculture, . livestock & animal production, fisheries and extractive industries.

The agricultural potential is great; production is dominated by food crops : millet, sorghum, rice, dates.

The breeding of cattle, sheep, goats and camels is a lucrative sector and very present at the national level. Mauritania has significant animal resources estimated at 30 million heads in 2020.

ISLAMIC
REPUBLIC
OF MAURITANIA