Mauritania and the OPEC Fund for International Development (OPEC Fund) have formalized a new Country Partnership Framework Agreement for 2025-2027, securing $120 million in development financing.
Additionally, the OPEC Fund has committed up to $500,000 in grants for capacity-building, project preparation and technical assistance.
The new partnership builds upon the OPEC Fund’s long-standing support for Mauritania, with over $250 million in previous financing for infrastructure and development projects. As such, this collaboration aims to advance sectors such as renewable energy, clean water, food security, improved transport and clean cooking solutions.
