Spain is reinforcing its economic commitment to Mauritania during a forum held in Nouakchott, which brought together representatives from over seventy companies from both nations. Spanish Prime Minister Pedro Sánchez highlighted the importance of this partnership for economic development in Mauritania and the wider African continent, aiming for long-term interdependence and shared prosperity.

Sánchez announced that from the first of September, Spain will have its first economic and commercial representative in Mauritania, aimed at bolstering institutional support for growing business interests in the country. Spain leads as Mauritania’s biggest trading partner within the European Union, while Mauritania ranks among Spain’s key trading partners in Sub-Saharan Africa.

The Prime Minister urged Spanish enterprises to expand their presence in vital sectors, including energy transition, infrastructure, sustainable tourism, and the blue economy. He also noted that Spain has launched a support package for Mauritania worth up to two hundred million euros, which includes credits for green projects, funding for feasibility studies, and risk coverage mechanisms.

This initiative complements other support tools such as the Alianza África Avanza and participation in the European Global Gateway programme, which focuses on energy and digital infrastructure projects in Mauritania. Sánchez emphasised that while the government aims to create favourable conditions, the real drivers of change are businesses, particularly encouraging Spanish small and medium-sized enterprises to foster a strategic relationship with Africa that prioritises stability, development, and mutual growth.