Mauritania Secures €15 Million to Support SME Employment

On 4 November, Mauritania signed a €15 million KfW grant agreement to strengthen financing for SMEs and support business growth and job creation. The government also highlighted plans to adapt vocational training to labour-market needs and improve the skills available to employers. The grant is approximately MRU 675 million; no separate HR services budget was announced. The initiative creates opportunities for recruitment firms, workforce development providers, professional trainers and SME advisory companies. HPC can help training organisations and HR consultants develop partnerships with businesses and relevant programme stakeholders.