African Development Bank Group and Niger sign $144.7 million agreement to boost energy access, economic competitiveness and resilience
Niger, Oct. 2 -- African Development Bank Group President Sidi Ould Tah and Niger's Prime Minister, Ali Mahamane Lamine Zeine, have signed a $144.7 million financing agreement to improve energy access and private sector competitiveness.The agreement, signed at the institution's headquarters in Abidjan, provides budgetary support from the African Development Fund, the Bank Group's concessional financing window. It enables the Nigerien government to implement Phase 1 of the transformative Energy Sector Governance and Competitiveness Support Programme (PAGSEC). The support from the African Development Fund will increase national electricity access from 22.5% to 30% by 2026, while boosting the manufacturing sector's contribution to GDP from 2.5...
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