Our subsidiaries

BMC

BMC is one of the leading producers of non-ferrous copper metals and copper-based alloys, in bar form in semi-finished and finished products ready for use for engineering products. The company was established in 2015.

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CAMEL FRUIT

In partnership with the Spanish company CARIDUL, CAMEL FRUIT we have developed a perimeter of more than 1000ha, of which 100ha are prepared for the production of melon and watermelon intended for export

CDS

Founded in 1980 with a capital of 76 million, CDS is a socially responsible company committed to ensuring access to water and electricity for all, particularly in rural areas that remain underserved by basic infrastructure. CDS provides optimized solutions based on renewable energy — from autonomous kits to custom-designed hybrid...

Dakhla Amenagement

Grinding center with a cement production capacity of 100,000 tonnes per year.

DRILL CORP

Company specialized in mining drillings (DD & RC), equipped with 15 machines including 7 DD and 8 RC being able to drill up to 1000" " m. DD : Diamond Drilling RC : Reverse Circulation

DSP Gold S.A.R.L

DSP GOLD SARL holds the small-scale gold mining and Group 2 mineral exploitation permit in Méridiala. The company is actively engaged in gold exploration, extraction, refining, purchasing, and sales. Its mission is to contribute to the development of the mining sector in line with the IWA Group’s strategic objectives for...

GMC

Grand Moulin du Congo, a flour mill with a daily grinding of 400 tons.

GMS Mauritania

Gold Mining Services Mauritania is an Environmentally Friendly Gold Production Company with a processing capacity of 200,000t of raw material per year.

HADID CHEMAL

Production of concrete reinforcing bars with a capacity of 120,000 tons/year, equipped with a melting furnace

Holden Guinea

Subsidiary of Holden Holding specialized in Energy.

Holden Holding

Subsidiary of Istithmar West Africa Holding specialized in Energy.

Holden Niger

Subsidiary of Holden Holding specialized in Energy

IGE ( Istithmar Green Energy)

Istithmar Green Energy (IGE) A member of the IWA Group, IGE specializes in the production and development of renewable energy — particularly solar and wind power. Our mission is to contribute to the energy transition by offering sustainable, innovative, and environmentally friendly solutions tailored to both industrial and community needs.

Techno Systems

Executes engineering, procurement and construction (EPC) projects for commercial, industrial and government clients in Mauritania and the sub-region

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iwafrica Evénements

12-09-2025

Mauritania: Signing of an energy Public-Private Partnership (PPP) for the construction and operation of a new power plant powered by solar and wind energy, representing an investment of approximately 300 million USD.

The Minister of Economy and Finance, Mr. Sid’Ahmed Ould Bouh, and the Minister of Energy and Petroleum, Mr. Mohamed Ould Khaled, signed on Friday evening in Nouakchott a financing, development, construction, and operation agreement for a 60 MW hybrid power plant (solar and wind) with Mr. Moulay El Arby BABA...

20-10-2021

Launching of the kao cement plant

On October 20, 2021, His Excellency the President of the Republic, Mr. Issoufou Mahamadou, laid the foundation stone of the Kao integrated cement plant project, with a capacity of one million tons per year and an estimated investment of 280 million dollars.

17-03-2021

Inauguration of the 89 mw goudel power plant built in ppp

the President of the Republic Mr. Issoufou Mahamadou inaugurated the Goudel power plant. This power plant was built under PPP agreement between the state of Niger and Istithmar West Africa for an investment estimated at 80 million Euros.

03-08-2021

Construction of 22mw power plant in zinder begins

Launching of the construction works of the 22MW power plant in Zinder, ceremony sponsored over on 03/08/2021 by his excellence Mr Mohamed BAZOUM president of the republic of NIGER.