Mauritania: Arab Coordination Group Promises $2 Billion for Development

by | Jun 17, 2025 | Diplomacy, Economic, Mauritania

Summary:

On 16 June 2025, the Arab Coordination Group (ACG) pledged $2 billion to support Mauritania’s development agenda.  

This announcement came during a high-level roundtable, chaired by the President of Mauritania, Mohamed Ould Cheikh El Ghazouani, and hosted by the OPEC Fund for International Development in Vienna, Austria. 

Speaking on behalf of the ACG, Islamic Development Bank President Dr. Muhammed Al Jasser stated that the funding will focus on essential sectors such as energy, water, transport, and digital infrastructure to help boost economic growth and promote sustainable development, while OPEC Fund President Abdulhamid al-Khalifa, reaffirmed the group’s commitment to helping Mauritania turn its ambitions into concrete action. 

During the roundtable, the Mauritanian government presented several investment projects, including efforts to upgrade hybrid power plants with modern energy storage systems. They also presented two key water infrastructure projects in Taraf Al-Mahroud and the Karakoro Basin.  

Major transport projects were also featured, notably the rehabilitation of the Nouakchott–Nouadhibou and Rosso–Boghé corridors, which are essential for improving trade and regional connectivity. This financing will fund key structural projects from 2025 to 2030. 

President El Ghazouani also reaffirmed Mauritania’s commitment to reforms, greater transparency, and stronger governance, emphasizing that these efforts, combined with economic stability and improved public services, will help lay a solid foundation for long-term and inclusive growth.  

He also highlighted the country’s aim to attract more investment by streamlining procedures and enhancing security. 

Mauritania Tiris Uranium

Outlook: 

As it secures a $2 billion pledge from the Arab Coordination Group (ACG), Mauritania signals steady progress in its broader strategy to strengthen regional standing and attract investment across key sectors. The scale of support reflects growing confidence in the country’s reform agenda, infrastructure development plans, and economic governance. 

This commitment aligns with Mauritania’s ambition to position itself as a stable and strategic hub in the region, leveraging improved public services, streamlined procedures, and enhanced security to appeal to global and regional investors. It also illustrates a shift toward development partnerships built on mutual confidence and long-term planning, rather than short-term aid. 


 

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