Mauritania
Country Information
Mauritania is a country in northwest Africa, bordered by Western Sahara, Algeria, Mali, Senegal, and the Atlantic Ocean. Its capital and largest city is Nouakchott. Predominantly desert, Mauritania has a strategic position between North Africa, West Africa, and the Atlantic, as well as significant natural resources including iron ore, gold, copper, natural gas, and some of Africa’s richest fishing grounds. The country is also emerging as an important player in regional energy and renewable energy development.
Political System
Mauritania is an Islamic republic with a presidential system of government. The President serves as head of state and government, supported by the Prime Minister and Council of Ministers. Legislative authority is vested in the Parliament, which consists of the National Assembly and the Senate. Mauritania has pursued institutional and economic reforms aimed at strengthening governance, improving economic resilience, and supporting sustainable development.
Economic Indicators
GDP (2023 est.):
Economic growth of approximately 4.2%
Population
Approximately 5.5 million
Currency
Mauritanian Ouguiya (MRU)
Main Industries
Mining, oil and gas, fisheries, agriculture, livestock, renewable energy, construction, transport and logistics, and services. Mauritania's economy is particularly supported by its iron ore, gold, fisheries, and emerging natural gas sectors.
Investment Climate
Mauritania offers significant investment opportunities driven by its natural resource base, strategic geographic position, and growing energy potential. The government actively seeks foreign investment in mining, hydrocarbons, agriculture, fisheries, renewable energy, and related infrastructure. The establishment of the Agency for the Promotion of Investment in Mauritania (APIM) reflects efforts to simplify investment procedures and create a more attractive business environment. Opportunities are also emerging in renewable energy, digital services, logistics, agriculture, and the development of infrastructure linked to the country’s expanding energy and extractive industries.
