On November 06, 2023, the Fonds Africain de Garantie et de Coopération Economique (FAGACE) welcomed to its premises four (04) senior executives of the Central Bank of Mauritania, on the occasion of the implementation of the memorandum of understanding between the two institutions.
The memorandum was signed on June 13, 2023 in Nouakchott by the Fund’s Managing Director, Mr. Ngueto Tiraïna YAMBAYE, and the Governor of the Central Bank of Mauritania, Mr. Mohamed-Lemine DHEHBY, at the Bank’s headquarters. One of the aspects of this agreement is to support FAGACE, through its Institute, in setting up and developing Mauritania’s National Guarantee Fund, following the example of national guarantee funds in countries such as Congo, Senegal and Nigeria.
The immersion of these senior executives is scheduled to last six (6) months.
FAGACE intends to further strengthen its proximity to national guarantee funds in order to highlight the Fund’s know-how and place it at the service of member states’ economies.
