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Category Archives: Niger News
IMF Executive Board Completes Eighth Review of Niger’s ECF Arrangement and Approves US$17.1 Million Disbursement
On July 11, 2016, the Executive Board of the International Monetary Fund (IMF) completed the eighth review of Niger’s economic performance under theprogram supported by an Extended Credit Facility (ECF) 1 arrangement. The completion of the review enables an immediate disbursement of SDR12.34 million, (about US$17.1 million), bringing total disbursements under the ECF arrangement to SDR 107.745 million (US$149.7 million).
Revitalisation of the Inter- African Coffee Organisation (IACO): Preparation of the 2017-2022 and Strategy and Institutional Review.
A unique transportation technology that can offer fast travel durations at competitive prices is being developed in such countries as South Korea, Malaysia, Singapore, Australia and China. The International Maritime Organization (IMO) classifies the technology as a boat, except that it resembles an aircraft due to its central fuselage and presence of wings. However, commercial aircraft wings are designed to generate a powerful vacuum effect on the top side at high forward speeds, when the aircraft lifts off into the sky. The aircraft look-alike generates zero vacuum effect on the top side of the wings at any speed.
The Nile River has been navigable since the time of the pharaohs some 4,000-years ago, while sections of the Niger, Benue, Congo and Zambezi Rivers have also been navigable. While Cecil John Rhodes sought to build a north – south Cape-to-Cairo railway line, African railway networks remain regional with the own distinctive railway gauge. Paced road networks are to be found in major cities and in certain regions, with a network of unpaved roads offering most of the continent’s long distance connections for the truck transport industry. Trucks carry most of Africa’s long-distance freight.
U.S. Secretary Of Commerce Penny Pritzker Arrives in Lagos, Nigeria to Lead Fact-Finding Mission with President’s Advisory Council on Doing Business in Africa
During Trip, Secretary Pritzker and Council members will visit Nigeria and Rwanda
WASHINGTON D.C., United States of America, December 10, 2015/APO (African Press Organization)/ — Remarks
Deputy Assistant Secretary, Bureau of Democracy, Human Rights, and Labor
Food security worsening in areas suffering from civil conflict and adverse weather conditions
IMF Executive Board Completes Reviews of Niger’s ECF Arrangement, Approves US$53.7 Million Disbursement, Increases Access and Extends the Program
The Executive Board of the International Monetary Fund (IMF) today completed the sixth and seventh reviews of Niger’s economic performance under the program supported by an Extended Credit Facility (ECF)1 arrangement. The completion of these reviews enables an immediate disbursement of SDR39.005 million, (about US$53.7 million), bringing total disbursements under the ECF arrangement to SDR 95.405 million (US$131.35million).
Dangote Group’s Joseph Makoju, Akon Lighting Africa and the AfDB big winners at West African Power Industry Awards in Lagos
200 top power professionals gathered for 2nd edition of coveted awards
APPEL A PROJETS « PRODUCTION INDEPENDANTE D’ELECTRICITE A PARTIR DE L’ENERGIE SOLAIRE RACCORDEE AU RESEAU »
1. Contexte de l’Appel à Projets
Dans la perspective de l’accès à l’énergie durable à l’ensemble des huit (08) Etats membres (Bénin, Burkina Faso, Côte d’Ivoire, Guinée Bissau, Mali, Niger, Sénégal et Togo) de l’Union Economique et Monétaire Ouest Africaine (UEMOA) d’ici 2030, la Commission de l’UEMOA a mis en place en 2009, l’Initiative régionale pour l’énergie durable (IRED) avec deux objectifs principaux à savoir :
Une mission des services du FMI conduite par M. Cheikh Anta Gueye a séjourné à Niamey du 14 au 28 septembre 2015 pour mener les discussions portant sur les sixième et septième revues du programme appuyé par un accord du FMI au titre de la Facilité Elargie de Crédit (FEC), approuvé par le Conseil d’administration du FMI le 16 mars 2012 (voir le Communiqué de presse no 12/90). La mission a aussi discuté de la requête des autorités pour une augmentation de l’accès aux ressources du Fonds fiduciaire pour la réduction de la pauvreté et pour la croissance ainsi que l’extension du programme pour une période d’un an.
An International Monetary Fund (IMF) staff mission led by Cheikh Anta Gueye visited Niamey from September 14 to 28, 2015 to conduct discussions on the sixth and seventh reviews under a program supported by an Extended Credit Facility (ECF) arrangement, approved by the IMF Board on March 16, 2012 (see Press release 12/90). The mission also discussed the government’s request for an augmentation of access under the PRGT, and the extension of the program for a period of one year.At the end of the mission, Mr. Gueye issued the following statement:
“The Nigerien authorities and the IMF team reached a staff-level agreement for completing the sixth and seventh reviews of the ECF-supported program. Subject to approval by IMF management and the Executive Board, the government’s policies could be supported with a disbursement of SDR 39 million (about CFAF 32 billion). Executive Board consideration is expected in November 2015.
The African power mix, the rise of renewables, infrastructure investment and the role of temporary power. =&0=& Would this year’s Africa Energy Forum have the same stories of promised projects? The “Africa is open for business” message? The same sense of pent-up desire for electrification mirrored only by frustration and a lack of movement?
Thirty six interviews later, talking to ministers, investors, regulators and financiers on and off the record, here is our view.
West African Power leaders gathered in Lagos for the West Africa Power 2015 Summit
Global Food Price Index falls in June, cereal production is forecast to be strong despite El Niño fears
The Mediterranean sea has become a graveyard for Africa’s youth. Every day, we see images of what would appear to be a continent racked by conflict and poverty, and people risking – often losing – their lives in an attempt to flee . Yet Africa has 11 of the 20 fastest growing economies in the world. Africa has enormous resources, and almost half of the world’s uncultivated land that is suitable for growing food crops. So why are so many people desperate to leave behind a land of such opportunity?
West Africa has unprecedented opportunities for agricultural growth, but making the most of them will require more effective regional integration, says a new report by the African Development Bank (AfDB), the Food and Agriculture Organization of the United Nations (FAO) and the Economic Community of West African States (ECOWAS).