News Services

Mauritania Opens SME Support Desk to Address Youth Unemployment

Mauritania Opens SME Support Desk to Address Youth Unemployment
Thursday, 09 April 2026 10:06
  • Mauritania launches SME support desk to boost jobs
  • Program helps firms access financing, training, and credit
  • Initiative targets youth unemployment and informal sector challenges

Mauritania plans to support small and medium-sized enterprises to boost job creation. As part of the initiative, authorities opened a business support desk in Nouakchott on Thursday, April 2.

The Minister of Youth Empowerment, Employment, Sports and Civic Service, Mohamed Abdallahi Ould Louly, and the Minister of Economic Affairs and Development, Abdallahy Souleimane Cheikh Sidiya, attended the inauguration.

The desk operates under the National Employment Agency (Techghil) and helps SMEs access financing. It also guides entrepreneurs and helps them prepare applications. Three agreements were signed to finance 1,000 companies, improve access to bank credit and support specialised training.

According to the Mauritanian News Agency, the programme is now operational and provides direct support to entrepreneurs, aiming to strengthen their technical and financial capabilities.

The programme is part of a broader strategy for youth empowerment and economic development, with a focus on local initiatives. It comes as Mauritania’s SME ecosystem remains fragile.

SMEs account for up to 80% of jobs in developing economies, according to the minister. A World Bank report shows that more than 90% of employment was informal in 2025, limiting productivity and the transition to the formal sector. Youth unemployment among those aged 15 to 24 reached 22.92% that year.

According to Afrobarometer, nearly half (47%) of people aged 18 to 35 are unemployed but actively seeking work, slightly above the national average of 44%. The NEET rate, defined as youth not in employment, education or training, stands at 44.1%.

Félicien Houindo Lokossou

On the same topic
The government launches immediate nationwide inspections targeting illegal use of foreign labor. Companies face sanctions including expulsions,...
Business, finance and engineering generate over half of formal job postings Ethiopia faces persistent mismatch between skills supply and labor...
Agreement allows 14 weekly passenger flights plus cargo Move supports Libya’s aviation recovery after years of disruption Libya and Algeria signed a...
Guinea expands Rwanda cooperation to support Simandou Academy program Rwanda offers postgraduate slots; agreement and student intake...
Most Read
01

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
02

M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...

In Africa, Banks Face a New Rival: Telecom Operators
03

Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...

Algeria Opens Satellite Market to Competition, Inviting Global Operators
04

Driven by above-average growth and rapidly expanding demographics, Francophone Africa is emerging as...

Francophone Africa: A Rising Economic Giant With Weak Internal Trade
05

Coca-Cola unit trains 260+ SMEs in Namibia business skills Program targets women, youth, disabled...

Over 260 Namibian SME Owners Trained as Sector Faces Mounting Losses
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.