Nouakchott, November 19, 2025 – El Amana Bank (BEA) and the International Finance Corporation (IFC), a member of the World Bank Group, have signed a $30 million senior financing agreement aimed at strengthening the growth of Micro, Small and Medium Enterprises (MSMEs) in Mauritania. Special attention will be given to businesses owned or led by women.
This operation marks an important step in the consolidation of BEA as a major national player in inclusive finance, while reaffirming its commitment to sustainable and high-impact economic development. At least 20% of the financing line will be specifically dedicated to female-owned businesses, demonstrating the shared commitment of BEA and IFC to promote the economic empowerment of women.
Ollars au service, Olivier Buyoya, IFC Regional Director for West Africa, stated:
“Small businesses are at the heart of the Mauritanian economy. Through this partnership, El Amana Bank will be able to expand its long-term financing offerings and create more opportunities for small businesses and women entrepreneurs, who are currently underserved. By mobilizing capital, strengthening institutional capacities, and supporting job creation, this investment will help stimulate inclusive growth driven by the private sector in Mauritania.”
On his part, Mohamed Ahmed Salem BOUNA MOCTAR, General Manager of BEA, emphasized:
“This strategic financing reflects the confidence that a global reference institution like IFC places in BEA and our proximity finance model. It will allow us to amplify our support to MSMEs, especially women entrepreneurs, who play an essential role in the country’s economic transformation. We remain fully committed to promoting sustainable, inclusive growth in line with international standards.”
The funds will be exclusively dedicated to projects that comply with IFC’s international environmental and social standards. This partnership strengthens BEA’s capacity to support responsible, innovative, and job-creating initiatives, contributing to sustainable economic transformation in Mauritania.
