Minister of Economic Affairs: ‘Mauritania Has Made Legal Stability a Major Focus of Its Economic Reforms’
On 26 November, in Rabat, the capital of Morocco, Mr. Abdallahi Souleymane Cheikh Sidiya, Minister of Economic Affairs and Development, participated in the high-level ministerial session of the Africa Investment Forum (Market Days 2025), which this year was devoted to discussing government policies aimed at accelerating private investment by building more transparent, predictable, and legally stable environments.
The session, moderated by Ms. Hassatou Hassatou Diop N’Sele, Vice President for Finance at the African Development Bank, brought together the ministers of finance and economy of several African countries to exchange views on developing attractive investment climates capable of attracting private capital, promoting financial innovation, and supporting regional integration.
In his keynote address at the session, the Minister emphasized that Mauritania has made legal stability a major focus of its economic reforms, considering it an essential condition for attracting investors and reducing the risks of uncertainty.
He explained that the government has adopted new legislation for public-private partnerships, which establishes international standards for transparency, governance, and risk sharing, thereby making the contractual framework more stable and clearer.
He said that this legislative reform is part of efforts to modernize the investment framework, including the revision of the 2024 investment code, the reorganization of the public procurement system, and the strengthening of institutional mechanisms to support investors.
He added that these reforms contribute to the creation of a business environment capable of stimulating private capital and enabling it to play a central role in financing essential infrastructure and services.
In response to a question about modernizing the tax system through public-private partnerships, the Minister explained that this model represents a strategic lever thanks to the digitization of collection, improved revenue monitoring, and the development of customs infrastructure, attracting technological expertise and financing from the private sector.
Mr. Abdallahi Souleymane Cheikh Sidiya also stated that current experiences in the energy, agriculture, and logistics sectors already reflect the viability of this model for strengthening financial sustainability and modernizing public administration.
He concluded his speech by emphasizing that, through these reforms, Mauritania is making steady progress toward building a more attractive and stable market capable of creating added value, stimulating productive investment, and supporting the country’s path toward inclusive and sustainable growth.