4 FAQs about Wholesale smes energy storage in mauritania
Why should investors invest in Mauritania?
For investors, Mauritania presents opportunities primarily in its traditional sectors like mining and fisheries, alongside emerging areas such as renewable energy and agriculture.
How Mauritania reorganizes the power sector in 2022?
In 2022, Mauritania introduced a new electricity code to revamp the power sector, facilitating the reorganization of crucial institutions for reform optimization. The Investment Code allows for the establishment of SEZs and Continuous Customs Surveillance Zones.
Why did Mauritania establish the central purchasing & market supply center?
In response, Mauritania established the “Central Purchasing and Market Supply Center” in October 2021 to manage its strategic stockpile of basic consumer goods and mitigate monopolistic practices and price speculation.
Why did GIRM reduce its shares in the Mauritanian Gas Company?
In December 2022, the GIRM decided to reduce its shares in the Mauritanian Gas Company (SOMAGAZ) from 72 percent to 35 percent. The GIRM’s decision on shares reduction encourages further private investment to revamp the company’s management and boost its performance and competitiveness.