Mauritanian President El Ghazouani has met with Werner Hoyer, the president of the European Investment Bank (EIB), to commit to scaling up wind, solar and green hydrogen investment in the African country.
The joint declaration was signed on 22 June at the European Development Days.
“Development of Mauritania’s huge renewable energy potential can both enhance access to affordable energy in our country and allow clean energy to be converted to green hydrogen.
“Closer cooperation with the European Investment Bank will allow Mauritania to benefit from the EIB’s unique technical experience and financial strength,” said El Ghazouani.
Hoyer (pictured) added: “Today’s discussions with President El Ghazouani will unlock closer cooperation between the EIB and Mauritanian partners and builds on 54 years of EIB engagement in the country.
“We are committed to bring this cooperation to the next level, by harnessing Mauritania’s renewable energy potential and through our partnership through the Sahel Alliance.”