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World Bank prepares $760 million for Niger

By , based on Journal du Niger

World Bank prepares $760 million for Niger

The World Bank is preparing around $760 million in additional funding to strengthen its support for Niger, after a meeting with Prime Minister Ali Mahamane Lamine Zeine. The package would come on top of around $4 billion already committed in the country, according to Journal du Niger.

The World Bank is preparing an additional package of around $760 million for Niger, after already mobilising more than $4 billion in the country. The announcement was made on Thursday 12 November by Ousmane Diagana, the World Bank’s vice-president for West and Central Africa, following a meeting with Nigerien Prime Minister Ali Mahamane Lamine Zeine, according to Journal du Niger.

The new funding is intended to support a partnership framework led by the Nigerien government and cover programmes planned through 2031. The World Bank wants to build on previous projects to reduce implementation times, according to Journal du Niger.

The meeting in Niamey also brought together Niger’s minister of economy and finance and several sector ministers. The $760 million package is intended in particular to prepare new development programmes and projects, according to Journal du Niger.

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