Mauritania is leveraging layered multilateral financing to unlock private capital across LNG, power and hydrogen. These themes will take center stage at MSGBC Oil, Gas & Power 2026 – the bloc’s premier energy gathering – set for December 1­–3 in Dakar under the theme ‘MSGBC 2026: Powering Investment. Delivering Prosperity. Executing the Region’s Energy Strategy.’

Mauritania’s Financing Surge

The ITFC deal anchors Mauritania’s latest financing wave, providing trade credit, confirmation lines for local banks and funding for energy imports. It builds on a long-standing relationship, with cumulative ITFC approvals exceeding $1.2 billion since 2008.

Weeks earlier, the Islamic Development Bank approved €55.2 million for the Mauritania-Mali interconnection, supporting solar generation and cross-border electricity trade. The project strengthens regional grid stability while lowering costs through renewable integration.

This follows the African Development Bank’s $303 million commitment to the same interconnection, a flagship desert-to-power project spanning 1,373 km. Designed to connect 100,000 households, it represents one of the Sahel’s most ambitious grid expansion programs.

Earlier, the World Bank approved the $82.6 million DREAM project, financing Mauritania’s first utility-scale battery storage system and advancing green hydrogen regulation. Together, these agreements establish the financial and institutional base for long-term energy transformation.

Speaking at last year’s edition of the MSGBC Oil, Gas & Power conference, Vice President of the West African Development Bank Abdoulaye Daffé stressed the institution’s mandate to ensure investment in the region deliver measurable socioeconomic impact. “We originate projects with governments, help them mature and make them bankable,” he said.

Beyond core financing, these initiatives include grid modernization, advanced metering infrastructure and renewable dispatch systems. Technical assistance programs also target agricultural productivity and trade logistics, ensuring that energy investments translate into broader economic gains across supply chains and rural development corridors.

From Public Capital to Private Megaproject Execution

These layered financing instruments de-risk Mauritania’s investment climate by stabilizing energy supply, strengthening banks and improving grid infrastructure. They enable a transition from public-backed development to large-scale private execution across LNG, gas-to-power and green hydrogen value chains.

The foundation is already unlocking flagship projects. The cross-border Greater Tortue Ahmeyim (GTA) LNG project reached production in 2025, delivering up to 2.5 million tons per annum, while the proposed BirAllah gas field – estimated at up to 80 trillion cubic feet – targets a $17 billion development and future LNG exports.

In a keynote address at MSGBC 2025, Senior Vice President for Mauritania and Senegal at energy major bp stated that, “Partnerships like GTA thrive because of inclusive and collaborative environments like the MSGBC basin.”

Mauritania’s hydrogen ambitions are also accelerating, with the Aman green hydrogen project and Nour green hydrogen project advancing feasibility and engineering stages. Together, these large-scale developments aim to position the country as a major exporter of green fuels to Europe by 2030.

At MSGBC 2026, these financial frameworks will be well positioned to move from strategy to deal-making. The event will connect multilateral lenders, governments and developers to accelerate final investment decisions, positioning Mauritania as a regional energy hub spanning gas, power and emerging hydrogen markets.