Mauritania Signs three Financing Agreements with World bank

The Minister of Economic Affairs and Promotion of Productive Sectors, Mr. Ousmane Mamoudou Kane, signed today with the World Bank representative in Mauritania, Ms. Christina Santos, three financing agreements provided by the International Development Association (IDA). The total $145.000.000-financing, equivalent to 5. 225.000.000 MRU, is in the form of a grant allocated for the funding of three projects: the regional project for access to electricity and battery energy systems ($90.000.000), the project of support to youth employment in Mauritania ($40.000.000) and the additional funding for the COVID-19 strategic preparedness and response project ($15.000.000). On this occasion, the Minister of Economic Affairs and Promotion of Productive Sectors, Mr. Ousmane Mamoudou Kane, expressed Mauritania’s gratitude to the World Bank for its permanent and efficient support for our country.