In parable by the director general of the Casablanca Stock Exchange, Tarik Senhaji, and the governor of the BCM, Mohamed-Lemine Dhehby, this memorandum of understanding is part of the efforts aimed at laying the foundations for a modern and structured financial market in Mauritania.
The objective of this agreement is to develop an inclusive and modern stock market in Mauritania, strengthening local capacities through training and skills development programs, promoting South-South cooperation and sharing good practices between the two countries.
It concretizes the efforts made by Mauritania to energize its economy, diversify its sources of financing and attract foreign investments, through the development of a connected and modern stock market, in accordance with international standards capable of supporting local businesses, encouraging national savings and integrating Mauritania into the global financial system.
With its expertise in the development of stock market markets, the Casablanca Stock Exchange will fully engage in this collaboration by providing technical, operational and strategic support to the implementation of the Nouakchott Stock Exchange.
On this occasion, Mr. Senhaji stressed that a scholarship represents much more than a simple financing mechanism, specifying that it is a confidence infrastructure, a financial acceleration engine as well as a lever for transformation and economic radiation “.
“We are proud to be able to accompany our brother country, Mauritania, and more particularly the central bank of Mauritania in this historical implementation,” he said.
For his part, Mr. Dhehby indicated that the signing of this memorandum of understanding with the Casablanca Stock Exchange constitutes a decisive advance in the ambition of Mauritania with a modern, transparent and inclusive financial market.
“By uniting our forces with a reference institution like the Casablanca Stock Exchange, we are committed to building the foundations of a solid financial ecosystem, capable of channeling national savings towards productive investment, supporting business growth, and attracting international capital,” he said, noting that this strategic cooperation reflects the “resolved” will to position Mauritania as a credible actor regional financial.
This ceremony symbolizes the determination of the two institutions to continue a fruitful collaboration for the success of this ambitious project and their common commitment to work for a prosperous and sustainable economic future in Mauritania and in the region.
