December 2015 – Signature of loan agreement with BCM

Selected by Central Bank of Mauritania (BCM), for the implementation of the program provided within the framework of a US$ 50 million for funding from the Arab Fund for Economic and Social Development (AFESD), GBM is committed in the backing of several small projects of small and medium-sized firms through lines of medium and long term credits.

These funds are intended to support small and medium private sector projects creating development that could generate new employement, reduce poverty and increase production in the different sectors in particular : fishing – aquaculture, tourism – hotel business – catering, agriculture – food industriy’s activities.