Category Archives: Niger News

Niger News

The Sahel faces further destabilisation from the jihadi gold rush

Africa’s Sahel, a region separating the Sahara Desert to the north and savannas to the south, is notorious for widespread poverty and persistent conflict. In fact, Western Sahel, especially Mali, Burkina Faso, and Niger, is the most unstable area on the continent. For years, terrorist attacks have been a frequent occurrence but recently the region […]

In Niger’s Oil Industry, Fortune favours the bold

Ghana oil

By Nj Ayuk and Joao Gaspar Marques The story of oil exploration in Africa is one of many failures and victories, of bold bets in unexplored areas that have brought great returns, of forgotten lands that only some bold few decided to venture in, in the search for riches. This has been the story for […]

Three massive Green Climate Projects in Africa worth over US$110 million

Green Climate Fund Board approves three African Development Bank proposals for Green Climate Projects worth over US$ 110 million

During October 17-20, 2018 Green Climate Fund held a meeting in Manama, Bahrain. It was the 21st board meeting which was co-chaired by Paul Oquist from Nicaragua and Ambassador Lennart Båge from Sweden. GCF got three proposals from African Development Bank which was worth over US$110 million. 20 funding proposals were considered in this meeting […]

Growing Investment Opportunities in the Hotel Sector in Francophone Africa

The Independence Square in Dakar (Senegal). La place de l'Indépendance à Dakar (Sénégal). En arrière-plan le port et Gorée. 25.09.2006. Photo Credit: Mostroneddo

50% of African transactions by the international operator Radisson Hotel Group in 2018 fall on this region. From 16 to 17 October 2018, the FrancoReal Summit (FrancoReal.com) is held in Dakar, Senegal. Hospitality leaders from the Radisson Hotel Group, the Mangalis Hotel Group, and Accorhotels are discussing the development of the hotel services sector with […]

Can African developers make billions in video games?

Video Games made-in-Africa reach the Global Scene during Devcom Thanks to Paradise Game, ahead of Gamescom 2018

The development of video games in Africa as one of the important directions for the development of the economy of the African countries. The global video game industry accounts for about $ 100 billion. 27% of these revenues come from mobile games. Africa has a huge potential with 500 million Africans who own a mobile […]

International Monetary Fund Staff Visit to Niger

Led by Christoph A. Klingen, an International Monetary Fund staff team visited Niamey between March 28 to April 10, 2018, for discussions on the second review of the program supported by the ECF (Extended Credit Facility) arrangement. ECF program in the country was endorsed by the International Monetary Fund Board on January 23, 2017. Overall […]

Niger Renaissance Conference Closure – Round Table for Funding the 2017 Economic and Social Development Plan and Investor Forum

Niger Rose Brilliantly to Meet the Challenge at the Renaissance Conference, Mobilising over 23 Billion Dollars to Fund the Country’s 2017-2021 Economic and Social Development Plan Following 2 days of meetings in Paris with technical and financial partners, fund providers and investors, Niger can be proud of a considerable diplomatic and economic success. Resolved and […]

Economic Commission for Africa Chief urges stakeholders to deliver a ‘timely and meaningful’ Continental Free Trade Area

The Executive Secretary noted that by eliminating tariffs the CFTA can boost intra-African trade by 52% and that by reducing non-tariff barriers it can be doubled, benefiting African welfare to the tune of $22 billion The Executive Secretary of the Economic Commission for Africa (ECA), Vera Songwe, made a case for the Continental Free Trade […]

Africa GreenTec installs first solar container in Niger

Lone German private investor on site ensures independent power supply After the launch of the project in Mali in 2014, the start-up Africa GreenTec has now successfully commissioned its first solar container in the Tahoua region of Niger. The container relies on a mobile 41-kWp photovoltaic installation and a 60-kWh battery storage system to provide […]

Niger – Travel Warning

The U.S. Department of State warns U.S. citizens of the risks of travel to Niger due to terrorist activity, kidnappings, and high crime. The Department recommends U.S. citizens avoid travel to Niger’s border regions, particularly the Malian border area, the Libyan border area, the Diffa region, and Lake Chad Basin area because of activity by […]

Wafacash and WorldRemit expand partnership to offer instant money transfers across West and Central Africa

 Morocco-based financial services company Wafacash (www.Wafacash.com) is scaling up operations with leading digital money transfer service WorldRemit (www.WorldRemit.com) to offer instant money transfers across West and Central Africa. The companies already work together in Morocco and Senegal, but will expand into Cameroon, Benin, Burkina Faso, Niger and Cote D’Ivoire before the end of the year. The new service will […]

Dangote signs $450million jumbo sugar production Memorandum of Understanding (MoU) with Niger State

On completion, according to the President of the Group Aliko Dangote, the project will generate over 15,000 jobs in the state In another bold move for self-sufficiency in sugar production through the government’s backward integration policy, the Pan African Conglomerate, Dangote Group (www.Dangote.com) in Minna, Niger State signed a Memorandum of Understanding (MoU) with the […]

CFTA Modalities on Goods and Services Adopted in Niamey

The sixth meeting of the Continental Free Trade Area Negotiating Forum (CFTA-NF) was held from the 5th to 10th of June 2017, in Niamey, Niger, followed by the third meeting of the Senior Trade Officials (STO) and the African Ministers of Trade (AMOT) from 12th to 14th and 15th to 16th June 2017 respectively. The […]

Mali, Mauritania, and Niger Receives 300,000EUR Humanitarian Donation from Spain

Infrastructural hurdles – especially road accessibility, makes it very difficult to offer aid to some hard to reach communities in Mauritania, Mali, and Niger. United Nations Humanitarian Air Services (UNHAS) under the management of the United Nations World Food Programme has therefore resorted to air transport as an effective means to get to these disadvantaged […]

IMF Staff Completes Mission to Niger

Niger’s overall macroeconomic performance has remained satisfactory in 2016, despite the security and humanitarian shocks, the unfavorable commodity prices, and the reduction of trade flows to neighboring countries An International Monetary Fund (IMF) staff mission led by Cheikh Anta Gueye visited Niamey from October 24 to November 7, 2016 to conduct the 2017 Article IV […]

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 […]

REQUEST FOR EXPRESSIONS OF INTEREST (CONSULTING SERVICES)

Revitalisation of the Inter- African Coffee Organisation (IACO): Preparation of the 2017-2022 and Strategy and Institutional Review. Financing Agreement reference: 100000038 Project ID No: P-Z1-A00 017 The Inter African Coffee Organisation (IACO)[1] has received financing from the African Development Bank under The Nigerian Technical Cooperation Fund toward the cost of the study for Revitalization of […]

Prospects for Economical Fast Transportation across Africa

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 […]

A Trans-African Inland Waterway and Canal Transportation System

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 […]

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, January 25, 2016/APO (African Press Organization)/ –U.S. Secretary of Commerce Penny Pritzker arrived in Lagos, Nigeria to kick-off a fact-finding mission with senior U.S. business executives who comprise the President’s Advisory Council on Doing Business in Africa (PAC-DBIA).  […]

Human Rights and Democracy Trends in Africa

WASHINGTON D.C., United States of America, December 10, 2015/APO (African Press Organization)/ — Remarks  Steven Feldstein Deputy Assistant Secretary, Bureau of Democracy, Human Rights, and Labor New York City Bar Association New York City December 7, 2015 I’m pleased to be here, I’d like to thank Elizabeth Barad and the New York Bar for inviting me […]

Food prices fall in November amid robust global inventories

Food security worsening in areas suffering from civil conflict and adverse weather conditions Major food commodity prices fell in November, reversing about half their rise in the previous month, as the cost of internationally-traded staples, except for sugar, fell across the board. The FAO Food Price Index averaged 156.7 points in November, down 1.6 percent […]