The Doing Business is a report published each year by the World Bank to assess the economic situation and the business environment in a country. To do this, the report uses the analysis of 12 factors that include, mainly, business creation, sources of finance, labor, connection to electricity and legal regulations.

According to this report, Mauritania has made significant progress in improving its business environment over the past five years. It became in 148th place in 2020, out of 190 ranked economies, instead of 176th place in 2015. This represents a gain of 28 points on the international ranking.

These companies provide solutions by exploiting national expertise to offer solutions in the industrial field in Mauritania, at the lowest possible cost, instead of always bearing the costly expenses of foreign consultants and experts. Certainly, the industrial solutions offered by these companies represent a crucial factor for the development of the industry. Indeed, these solutions are necessary to ensure the proper functioning of industrial units, as well as financial profitability. The high cost of energy is also a major concern for the leaders of the sector, despite the great achievements in this field over the last decade, such as large power plants, high voltage lines, and the diversification of sources.

According to a study published by the World Bank, Mauritania should continue its efforts to overcome the major challenges in this direction by intensly working, in particular, to the facilitation of the payment of taxes, the improvement of the connection to electricity, the access to credit and insolvency settlement. The Interministerial committee for the follow-up and the execution of the national plan “Doing Business 2021-2023” decided, a few days ago, to set up a technical committee in charge of identifying and proposing concrete, easy and fast measures to be implemented, with a view to significantly improving the ranking of our country in terms of Doing Business.

In order to achieve the expected results, the said committee must maintain close collaboration with private sector actors, and integrate them into strategies aimed at improving the field, especially in view of the new promising prospects for investment in Mauritania.