A consortium of investors, composed of Enko Capital and Oronte, confirmed on Monday, August 11, 2025, the finalization of the acquisition of 100% of Société Générale's retail banking subsidiary in Mauritania in accordance with an agreement reached in January.

Société Générale is continuing its disengagement by announcing its withdrawal from Mauritania, after Morocco, Congo, Congo, Chad and Mozambique. A press release states that “the consortium aims to strengthen the bank's positioning as a central player in the financing of the Mauritanian economy, in particular in strategic sectors (mining, gas, agriculture, agriculture, SMEs

This subsidiary, which has 11 branches and nearly 40,000 customers, generates 35 million euros in net banking income (equivalent to turnover for the sector) and 9.9 million euros in net profit, according to a spokesperson for the purchasers.