EIB And AfDB Support SNIM Ore Port Dredging Project

Through this support to the National Industrial and Mining Company (SNIM), the second largest employer in Mauritania, the EIB and AfDB contribute to securing the economy and growth in the Sahel region. The European Investment Bank (EIB), which is the bank of the European Union, and the African Development Bank (AfDB) have concluded financing of $59 million and $50 million, respectively, over twelve years, with the National Industrial and Mining Company (SNIM), the leading mining operator in Mau

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