Mauritania’s strategic Zouerate–Nouadhibou railway is set for a major transformation as the African Development Bank (AfDB) and EIB Global announce a joint financing package worth US$275 million. The investment, unveiled on the sidelines of the Africa Investment Forum 2025, aims to modernise and expand the country’s most critical transport corridor.

The funding includes a US$150 million loan from the African Development Bank and US$125 million from EIB Global, guaranteed by the European Union. Both are non-sovereign, private-sector operations directed to the Société Nationale Industrielle et Minière (SNIM)—Mauritania’s largest employer and a key driver of the national economy.

Railway Expansion to Boost Competitiveness and Regional Trade

The landmark project will rehabilitate the existing track and build 42 kilometres of new railway connecting future mining sites at El Aouj and Atomai. It will also finance the purchase of new locomotives, wagons, and advanced maintenance equipment.

Once completed, the upgraded corridor will strengthen Mauritania’s iron ore export capacity, reduce fuel consumption, improve safety, and enhance overall operational efficiency. The Zouerate–Nouadhibou line, which spans more than 700 kilometres, is the backbone of Mauritania’s mineral export system.

Key Leaders React

Mohamed Vall Mohamed Telmidy, CEO of SNIM, described the investment as essential to the company’s long-term strategic goals:
“The initiative to improve our logistics chain represents an important pillar of our strategic program. Its development contributes to the realization of our production objectives. We are particularly grateful to our partners EIB Global and AfDB for their unwavering support.”

Sidi Ould Tah, President of the African Development Bank Group, said the project marks a significant step toward strengthening private-sector-led infrastructure growth in Africa:
“Modernising this railway will unlock new opportunities for industry, strengthen Mauritania’s role in regional trade, and accelerate the country’s transition toward more sustainable and competitive growth.”

Ambroise Fayolle, Vice-President of the European Investment Bank, highlighted the project’s importance for regional development:
“This project will reinforce SNIM’s transport corridor, boost exports, and support the country’s economic development. It is a strong example of how the European Union and the EIB deliver on the Global Gateway strategy.”