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Growth: Invest in Africa supports local businesses in Mauritania

20/04/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex

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As part of its ongoing commitment to local capacities for the GTA project, Invest in Africa is already collaborating with the operator Bp in Mauritania. It supports local businesses to participate in the opportunities that industry can offer local economies.

The Mauritanian division of Invest in Africa (IIA), a non-profit initiative focused on the growth of local businesses in Africa, and COMECA S.A, a subsidiary of SNIM, leader in Mauritania in the fields of structural engineering and manufacturing of metal parts Canics through machining and mechanical welding, the supply of turnkey projects and the rewinding of BT engines, signed a multi-year partnership agreement. They are part of the objective of promoting Mauritanian manufacturing industries of high technical level and demonstrating the country's know-how

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This partnership aims to eliminate some major obstacles that hinder the financial inclusion of small and medium-sized enterprises in Mauritania through innovative tools, including the digitization of the entire funding application process, digital registration (KYC), and alternative scoring to assess risks.

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