Niger: AfDB grants a loan of $511 million for priority projects

The African Development Bank (AfDB) has approved a $511 million loan for Niger to support four key strategic programs in 2025. This funding targets essential needs in water supply, sanitation, agriculture, and disaster risk management, all of which are crucial sectors for the country’s development.

 

The first portion of the financing, totaling $119.84 million, will be dedicated to water supply and sanitation infrastructure in the cities of Zinder, Mirriah, and surrounding areas.

 

This project aims to enhance access to clean drinking water, which is expected to improve health and overall quality of life for the local population.

 

Another significant portion of $93.21 million will go toward the “Youth Agripreneurship Development Program,” a bold initiative to support young entrepreneurs in agriculture.

 

By fostering rural entrepreneurship and encouraging agricultural innovation, this program seeks to boost job creation and stimulate local economic growth.

 

Additionally, $13.31 million is earmarked for the “Disaster Risk Management” initiative (ADRIFi-Niger Phase II), a critical program aimed at strengthening Niger’s resilience to natural disasters and climate-related shocks.

 

The agreement’s signing was warmly welcomed by the Nigerien government, with officials gathered under the leadership of Prime Minister and Minister of Economy and Finance, Ali Mahaman Lamine Zeine.

 

Titi KEITA

Posts Grid

2026 World Cup/ Saibari strikes early as Morocco edge Scotland to Keep knockout hopes alive

Morocco breathed life into their World Cup campaign with a 1-0 victory over Scotland, courtesy of the blistering opener of Ismael Sabari inside 72 seconds....

Morocco star Hakimi to stand trial after rape charge upheld

French judicial authorities have confirmed that Paris Saint-Germain and Morocco defender Achraf Hakimi will face trial over rape allegations dating back to 2023. The Versailles...

Ronaldo’s frustration as DRC holds Portugal in World Cup Opener

The bid of Cristiano Ronaldo to score in a sixth World Cup got off to a frustrating start as Portugal were held to a 1-1...

2026 World Cup / Egypt made a draw against Belgium

Seattle witnessed a cruel twist of fate as Egypt's 92-year wait for a World Cup victory stretched on, following a 1-1 draw with Belgium in...

2026 World Cup/ South Africa’s nightmare repeat: 16 years later, another opening loss to Mexico

Sixteen years to the day after Siphiwe Tshabalala’s iconic goal united a nation at Soccer City, South Africa returned to a World Cup opener against...

NBA/ Knicks stun Spurs 105-104, move one win from title

The New York Knicks are on the verge of ending a 53-year championship drought after a dramatic 105-104 victory over the San Antonio Spurs on...

Leave a Reply

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