Meridiam gets new backing from OPIC in Nouakchott

The U.S. Government agency is to provide a $24m safety net for the future oil and gas and container terminal in the Mauritanian capital, jointly owned by Olam et Meridiam.

16/10/2019 at 12h41, by Aurelie Benoit

After receiving backing from Africa Finance Corporation as reported by Jeune Afrique Business+ in September, Arise Mauritania has obtained further financial support for the Nouakchott Port Authority (known locally as Port de l’Amitié de Nouakchott – Pampa) from the U.S. Government agency Overseas Private Investment Corporation (OPIC) which is set to merge with USAID’s Development Credit Authority to create the U.S. International Development Finance Corporation.

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