Nouakchott: The President of the Islamic Republic of Mauritania, Mr. Mohamed Ould Cheikh Ghazouani, chaired the third meeting of the Supreme Investment Council of Mauritania at the Mokhtar Ould Daddah International Conference Center in Nouakchott. The meeting, held on Tuesday morning, focused on reviewing the progress made since the last council meeting and evaluating measures to enhance investment opportunities in the country.
According to Union of OIC News Agencies, the council’s agenda included a presentation on the implementation of previous recommendations. Key areas discussed were transparency, efficiency of management, and improvements in business climate and infrastructure, particularly in roads, ports, and communications. The council also addressed regulatory frameworks for small and medium enterprises (SMEs), access to finance, provision of qualified labor, sectoral data access, and local content law implementation. Tax-related concerns were also part of the discourse.
The Supreme Investment Council’s mission is to foster a diversified and competitive economy that is open to the private sector. It aims to create job opportunities, add value, and accelerate development by improving the business climate and supporting economic competitiveness. The council serves as a platform for public and private sector consultation, promoting investment through suitable incentive measures, and overseeing legislative, regulatory, and administrative reforms to enhance the country’s investment landscape.
The council comprises Mauritanian employers, foreign investors with experience in the country, owners of large institutions across various economic sectors, and representatives of professional organizations interested in Mauritania’s investment opportunities. It also includes individuals with professional experience and international business reputations.
The meeting was attended by key government officials, including Prime Minister Mr. Mokhtar Ould Djay, the Secretary-General of the Presidency, Mr. Moulaye Ould Mohamed Laghdaf, and several ministers responsible for economic, justice, digital transformation, energy, industry, fisheries, and animal development. The President of the National Union of Mauritanian Employers and numerous national and foreign investors were also present, highlighting the importance of collaborative efforts to boost Mauritania’s investment climate.
