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Private Sector: AfDB and APIM Strengthen Partnership to Mobilize More Funding

03/04/2026
Source : ORISHAS FINANCE
Categories: Sectors

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During a workshop co-organized with the Mauritanian Investment Promotion Agency (APIM) held on March 25, 2026, in Nouakchott, the African Development Bank Group announced a strengthening of its support for the Mauritanian private sector.

 

The AfDB's objective is to better familiarize local economic actors with its financing instruments. The African Development Bank Group's strategy for the development of the continent's private sector is based on three pillars: improving the business environment, developing quality infrastructure, and strengthening business capacities.
The Bank Group already supports APIM by providing technical assistance. It supports public-private partnerships and finances structuring projects such as the Rosso Bridge and the Mauritania-Mali Electrical Interconnection Project, while also carrying out several operations in favor of the National Industrial and Mining Company (SNIM) and commercial banks.

The Director General of the Mauritanian Investment Promotion Agency, Tah Ahmed Meouloud, emphasized that the workshop would help Mauritanian private actors better understand the procedures for accessing the Bank Group's financing instruments.

The Bank Group took advantage of this workshop to consult the Mauritanian private sector to prepare its future regional integration strategy for North Africa. The discussions helped identify the priorities of the private sector to better position them in regional and continental markets, in a context where economic integration is a key lever for competitiveness and industrialization.

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