• Table of Contents

  • President Ghazouani: Promising Opportunities for the Private Sector to Boost National Economic Development
  • Strategic Vision for Economic Transformation
  • Public-Private Partnerships as a Catalyst for Growth
  • Empowering Local Entrepreneurs and Building Human Capital
  • Conclusion: A New Era of Economic Empowerment

President Ghazouani: Promising Opportunities for the Private Sector to Boost National Economic Development

Strategic Vision for Economic Transformation

President Mohamed Ould Cheikh El Ghazouani has reaffirmed his commitment to fostering a dynamic and inclusive economic environment in Mauritania, emphasizing the pivotal role of the private sector in achieving sustainable development. In a recent address, the President highlighted the government’s strategic vision to empower private enterprises, positioning them as key drivers of economic growth and job creation.

He underscored the importance of creating a favorable business climate that encourages investment, innovation, and competitiveness. This includes implementing reforms aimed at simplifying administrative procedures, enhancing transparency, and improving access to financing for entrepreneurs and small businesses.

• Streamlining bureaucratic processes to attract domestic and foreign investment
• Strengthening legal frameworks to protect investors and ensure fair competition
• Expanding access to credit and financial services for SMEs

Public-Private Partnerships as a Catalyst for Growth

President Ghazouani emphasized the significance of public-private partnerships (PPPs) in accelerating infrastructure development and delivering essential services. He pointed out that collaboration between the government and private sector entities can lead to more efficient project implementation and better resource allocation.

By leveraging the expertise and capital of private investors, the government aims to address critical development challenges in sectors such as energy, transportation, agriculture, and digital technology. These partnerships are expected to not only stimulate economic activity but also create employment opportunities and improve living standards across the country.

• Encouraging investment in renewable energy and sustainable infrastructure
• Developing logistics and transport networks to support trade
• Promoting digital transformation to enhance service delivery

Empowering Local Entrepreneurs and Building Human Capital

Another key aspect of President Ghazouani’s economic agenda is the empowerment of local entrepreneurs and the development of human capital. He stressed the need to support youth and women-led businesses through targeted training programs, mentorship, and access to markets.

The government is also investing in education and vocational training to equip the workforce with the skills needed in a modern economy. These efforts aim to reduce unemployment, foster innovation, and ensure that economic growth is inclusive and equitable.

• Launching entrepreneurship incubators and innovation hubs
• Providing technical and vocational education tailored to market needs
• Facilitating access to local and international markets for small businesses

Conclusion: A New Era of Economic Empowerment

President Ghazouani’s vision marks a new chapter in Mauritania’s economic development, where the private sector is not only a participant but a central pillar of progress. Through strategic reforms, public-private collaboration, and investment in human capital, the country is laying the groundwork for a resilient and diversified economy.

By unlocking the potential of private enterprise and fostering an environment of innovation and opportunity, Mauritania is poised to achieve inclusive growth that benefits all segments of society. The President’s message is clear: the future of the national economy depends on a strong, empowered, and engaged private sector.