At an African Development Bank meeting, Mauritania’s Minister of Economy and Finance, Abdallahi Ould Mohameden, said the country has been making efforts to attract private investment.
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SINM, a mining company from the Arab country, had a loan of USD 150 million approved by the African Development Bank, which will help it expand the logistics of iron ore transportation.
Egypt and Tunisia are the North African countries that have the most access to financing to support its transition towards a low-carbon economy. The region needs USD280 billion.

