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Mauritania Approves €50 Million Loan for Senegal River Basin Resilience

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← All business news Mauritania Approves €50 Million Loan for Senegal River Basin Resilience
On 27 October 2026, Mauritania’s National Assembly approved a €50 million loan agreement with Spain’s Official Credit Institute to finance the Senegal River Basin Resilience and Community Development Project. Signed on 17 July 2026, the loan carries an annual...
On 27 October 2026, Mauritania’s National Assembly approved a €50 million loan agreement with Spain’s Official Credit Institute to finance the Senegal River Basin Resilience and Community Development Project. Signed on 17 July 2026, the loan carries an annual interest rate of 1.42%, a 30-year repayment period and a five-year grace period. The project is intended to improve climate-resilient infrastructure and integrated services in targeted border communities. Environmental organisations, development agencies and infrastructure consultants can explore climate-risk assessment, water-resource monitoring and sustainability reporting. HPC can support environmental data modelling and climate-related analytics; contact HPC for a quotation tailored to your technical requirements.
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