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News & Updates

The latest developments in Mauritania's investment landscape, from major project milestones to regulatory updates and sector breakthroughs.

April 2025Energy

GTA LNG Delivers First Cargo Ahead of Schedule

The Greater Tortue Ahmeyim LNG project, a $5B joint venture between BP, Kosmos Energy, PETROSEN, and SMHPM, exported its first LNG cargo in April 2025 — marking Mauritania's entry into global energy markets.

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December 2024Legal

2024 Investment Code Enacted by Parliament

Mauritania's new Investment Code offers 5–8 year tax holidays, full profit repatriation guarantees, ICSID arbitration access, and streamlined company registration through APIM's One-Stop Shop.

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November 2024Mining

Tasiast Gold Mine Expansion Approved

Kinross Gold has approved a $300M expansion of the Tasiast gold mine, increasing annual production capacity to 600,000 ounces and extending mine life to 2033.

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October 2024Renewable Energy

Green Hydrogen MoU Signed with European Commission

Mauritania signed a strategic memorandum of understanding with the EU for green hydrogen export infrastructure development, targeting European industrial markets by 2030.

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September 2024Mining

SNIM Iron Ore Production Hits Record 12.8 Mt

State mining company SNIM achieved an all-time production record of 12.8 million tonnes of iron ore in 2024. A $1.2B expansion plan is under review to double rail and port capacity.

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August 2024Economic Zones

Nouadhibou Free Zone Surpasses 300 Company Registrations

The Nouadhibou Free Zone Authority announced its 300th company registration, confirming the zone's position as West Africa's premier special economic zone for foreign investors.

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