Mauritania

Mauritania

Adopts dedicated framework to attract investment in green hydrogen

08 Oct 2024

On 8 October 2024, Mauritania adopted a Green Hydrogen Code, introducing a new legal framework aimed at bolstering private investment, particularly in the renewable energy sector, with a strong focus on green hydrogen development. The Code establishes regulations for developing green hydrogen projects and provides substantial tax incentives, including exemptions on VAT and corporate tax, to attract foreign and domestic investors. This regulatory framework also created the Mauritanian Agency for Green Hydrogen (AMHV) to oversee green hydrogen operations, enhancing transparency and streamlining the process for investors entering this market.