Niger: Renewal of economic relations between the AfDB and Niamey

Following the lifting of criminal sanctions by ECOWAS, Niger has re-established contact with sub-regional and continental institutions. Last week, Minister of Economy and Finance Ali Mahamane Lamine Zeine chaired a working session at his office, accompanied by a delegation from the African Development Bank (AfDB) led by Mr. Guedon Désiré, the bank’s administrator.

The objective of the meeting was to provide crucial guidance and instructions for reestablishing relations with the AfDB.

The consultation brought together ministers representing sectors benefiting from AfDB support, including Minister of Agriculture and Livestock Colonel Mahaman Elhadj Ousmane, Minister of National Education Dr. Elisabeth Sherif, and several other high-ranking government officials.

At the conclusion of the discussions, AfDB Administrator Mr. Guedon Désiré stated that the primary purpose of their visit to Niamey was to gather guidance and instructions from Nigerien authorities to convey to the bank’s management and Board of Directors.

He expressed AfDB’s willingness to resume dialogue with Niger now that ECOWAS sanctions have been lifted.

This meeting holds significant importance for Niger in its efforts to restore regular relations with the AfDB after a period of tension resulting from ECOWAS sanctions.

It’s worth noting that the African Development Bank (AfDB), headquartered in Abidjan, Côte d’Ivoire, is one of Niger’s most important development partners.

The sectoral distribution of the bank’s portfolio, which opened its office in Niger in 2018, shows a predominance of investments in transportation (39%), followed by rural development (26%), energy (24%), telecommunications (7%), governance (2%), and social sectors (2%).

Fanta Djibo

Posts Grid

Football/ Ruben Dias Injury adds to Manchester City’s mounting defensive woes

Ruben Dias has been ruled out for up to four weeks with a muscle injury sustained during Saturday’s defeat to Manchester United. The Portuguese international,...

NBA: LeBron James sets another milestone as Lakers dominate Kings

LeBron James continues to etch his name in NBA history, breaking the all-time record for minutes played during the Los Angeles Lakers' commanding 113-100 win...

Lionel Messi’s animated series to air on Disney+

Lionel Messi's journey will soon be brought to life in an animated series for children, titled Messi and the Giants. Announced by Sony Music Entertainment...

Football/ Chelsea faces shock after Mudryk’s positive doping test

Chelsea is reeling after Mykhailo Mudryk, the club’s Ukrainian winger, tested positive for a banned substance. The Premier League star was informed of the abnormal...

Football/ Ademola Lookman Crowned 2024 African Footballer of the Year

Ademola Lookman’s outstanding season reached a new peak on Monday as the Atalanta forward was named 2024 African Footballer of the Year at the CAF...

Football/ Viktor Gyökeres: The Swedish Star Who Conquered 2024

At just 26, Viktor Gyökeres is redefining what it means to shine on the football field. With an astounding 68 goals in 73 appearances for...

Leave a Reply

Your email address will not be published. Required fields are marked *