In Mauritania, the Saudi Development Fund (FSD) will finance the laying of a high-voltage power line connecting Nouakchott to Nouadhibou. A funding agreement worth $50 million was indeed signed to this effect.

In addition to providing power to regions it goes through, the 456km-long line will also help accelerate the nation’s economic development. “The line will supply power needed by iron, gold and copper mining industries, and facilitate exploitation of natural resources that are available in our underground,” said Moctar Ould Diay, Mauritanian Minister of Economy and Finance. The laying of this line will also favor the development of clean energies such as solar and wind energy.

FSD so far, has financed 24 development projects in Mauritania.

Gwladys Johnson