The Central Bank of Mauritania (BCM) and the Casablanca Stock Exchange have signed a memorandum of understanding, marking a key milestone in the creation of the future Nouakchott Stock Exchange. This initiative aligns with the shared vision of King Mohammed VI and President Mohamed Ould El-Ghazouani to strengthen bilateral cooperation and develop financial markets in the region. The agreement aims to support Mauritania's economic diversification strategy by establishing a modern, connected stock exchange that meets international standards. This new market will offer fresh financing opportunities for local businesses, encourage national savings, and boost the country's attractiveness to foreign investors. With nearly a century of expertise, the Casablanca Stock Exchange is committed to providing technical, operational, and strategic support to the BCM to help bring this project to fruition. The agreement specifically outlines the following goals: * The development of an inclusive and efficient financial market; * The enhancement of local expertise through targeted training programs; * The promotion of South-South cooperation and the sharing of best practices. The signing ceremony was attended by Mohamed-Lemine Dhehby, Governor of the BCM; Tarik Senhaji, CEO of the Casablanca Stock Exchange; and H.E. Hamid Chabar, Morocco's Ambassador to Mauritania. «This agreement marks a decisive step in building a solid and transparent financial ecosystem in Mauritania», stated Dhehby. Senhaji added, «The Stock Exchange is a lever for economic transformation. We are proud to support Mauritania in this historic phase». This partnership reflects both institutions' commitment to building a sustainable economic future and advancing regional financial integration.
