UAE gives Mauritania $2 billion for development

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Mauritania's ruling party candidate Mohamed Ould Ghazouani has won the presidential election with 52 percent of the vote, the electoral commission announced on June 23, 2019, with results from all polling stations counted. (AFP)
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A man walks in front of the Saudi Mosque in central Nouakchott, February 2, 2008. (Reuters)
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Updated 03 February 2020
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UAE gives Mauritania $2 billion for development

  • Mohamed Ould Ghazouani visited the Emirati capital of Abu Dhabi
  • WAM said the pledge includes funding for “investment and development projects, as well as a soft loan.”

DUBAI: The United Arab Emirates pledged Sunday to give $2 billion in aid to the Western African country of Mauritania, amid a visit to the Arabian Peninsula nation by Mauritania’s president.
Mohamed Ould Ghazouani visited the Emirati capital of Abu Dhabi and met with its crown prince, Sheikh Mohammed bin Zayed Al Nahyan.
The state-run WAM news agency announced the pledge, describing it as including funding for “investment and development projects, as well as a soft loan.”
Mauritania, a moderate Islamic republic, has suffered five coups since independence from France in 1960. It has been led by military rulers for much of that time.
Ghazouani took the oath of office in August after winning a presidential election last year. That marked the West African nation’s first peaceful transfer of power.