The World Bank Group has approved the Development of Energy Resources and Mineral Sector Support Project, known as the DREAM Project, to strengthen Mauritania’s energy and mining sectors. This initiative focuses on advancing green hydrogen development, expanding energy storage capacity, and implementing key reforms in the mining industry.
A major component of the project is the financing of Mauritania’s first large-scale battery energy storage facility. This infrastructure will enable the country to maximize its abundant solar and wind resources, improving electricity reliability and sustainability. The DREAM Project plays a crucial role in supporting Mauritania’s Mission 300 Energy Compact, which aims to achieve universal access to electricity by 2030.
In addition to enhancing energy infrastructure, the project will contribute to the evaluation and promotion of Mauritania’s critical mineral potential through geological surveys. It will also support the implementation of the newly approved Green Hydrogen Law, one of the first of its kind in Africa. The project will establish a regulatory agency, develop policies and regulations, enforce environmental and social standards, and create an environment that attracts private investments in the sector.
Ibou Diouf, World Bank Country Manager for Mauritania, said in a statement, “The Mauritania DREAM Project is a transformative step toward a more resilient future that entails stronger economic growth, more jobs, and long-term energy security.”
Demetrios Papathanasiou, Global Director for Energy & Extractives at the World Bank, stated, “This project will position Mauritania as a leader in critical minerals, green hydrogen and energy storage, —driving job creation and expanding economic opportunities for all Mauritanians.”
Beyond infrastructure and regulatory improvements, the DREAM Project will strengthen institutional capacity, enhance technical education, and support workforce development. Special emphasis will be placed on increasing opportunities for women in the energy and mining industries. The project aligns with the One World Bank Group approach, working closely with the International Finance Corporation (IFC) to mobilize financing that will boost national mineral production and encourage private sector participation.
The initiative will further support sustainable development in Mauritania’s mining sector by promoting cleaner practices, strengthening governance, and ensuring that local communities benefit from resource development. The World Bank is collaborating with several international partners, including GIZ, the European Union, UNDP, and AFD, to secure funding and provide technical expertise. The project’s preparation received additional support from the Energy Sector Management Assistance Program (ESMAP), the Public-Private Infrastructure Advisory Facility (PPIAF), and the Korea World Bank Partnership Facility (KWPF).
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