Saudi Arabia is intensifying its economic engagement with Africa, as a delegation of over 30 leading investors and officials visits Mauritania and Morocco to explore new business opportunities.
Organized by the Federation of Saudi Chambers, the group’s visit focuses on promoting investment incentives, evaluating market conditions, and fostering partnerships in key sectors. These efforts support Saudi Arabia’s broader goal of diversifying its economy and building stronger global connections, in line with Vision 2030.
The initiative reflects Riyadh’s commitment to expanding trade and investment with African nations. Current trade data shows exports to Mauritania valued at SR119 million, with Saudi goods making up the vast majority. Trade with Morocco has reached SR5 billion, but imports remain a smaller portion, indicating potential for growth.
The delegation, led by FSC Chairman Hassan Moejeb Al-Huwaizi, will meet with Mauritanian officials and business leaders in Nouakchott, aiming to strengthen bilateral relations and develop strategic partnerships. A joint business forum will bring together representatives from several Saudi ministries and development agencies to discuss collaboration opportunities.
Saudi exports to Mauritania mainly include metals, rubber, dairy, machinery, and animal-based products, while imports consist of seafood, tea, spices, textiles, and medical instruments. In Morocco, a recent agreement between the two countries’ chambers of commerce is set to enhance cooperation through joint events, trade missions, and dispute resolution mechanisms.
This outreach is part of the FSC’s ongoing strategy to expand Saudi Arabia’s presence in international markets. The organization has recently carried out trade missions to 17 countries, reinforcing its commitment to global economic partnerships.