Public Management

World Bank disburses $100mln to strengthen decentralized administration and improve mining sector management in Niger

World Bank disburses $100mln to strengthen decentralized administration and improve mining sector management in Niger
Wednesday, 05 August 2020 18:58

Niger has secured $100 million in funding (both a loan and a grant) from the World Bank to improve its local government services and decentralized management of the mining sector. The information was reported in a press release published by the institution on August 3.

Provided as part of the Governance of Extractives for Local Development Project and covid-19 Response Project, the financing will help strengthen and promote the implementation of policies, laws, and regulations on decentralization and sustainable management of mining. Specifically, it will increase access to decentralized basic services such as water, primary education, and health services, and improve budget execution at the municipal level. In addition to increasing and strengthening the management of revenues from extractive activities that are transferred to local governments, the funding will also increase the attractiveness of the mining sector for private sector investment, improve the monitoring of mining activities, and support the regularization and capacity-building of artisanal miners in good environmental and social practices.

“Given the unstable security context at the borders, the project will contribute to mitigating some of the drivers of fragility in the country. It will also contribute to building resilience by improving service delivery and strengthening local government capacity to manage resources and local development; including citizen engagement, mobilizing revenues from the extractive sector for the State and local governments, and creating jobs and livelihood opportunities for the communities, with a strong focus on women,” said Abel Bove, World Bank’s Senior Governance Specialist, and Task Team Leader for the project.

Moutiou Adjibi Nourou

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Carrefour signed a franchise and supply agreement to enter Ethiopia with Midroc’s Queens Supermarket PLC. The partners will convert 13 existing stores...
Ecobank Nigeria repaid about $245 million, or more than 80%, of its $300 million Eurobond due in February 2026. The early repayment reduced...
Development Partners International sold its 20.17% stake in Atlantic Business International for more than $200 million. The transaction valued...
The Alliance of Sahel States plans to create a joint purchasing agency covering Mali, Burkina Faso, and Niger. The initiative aims to regulate cereal...
Most Read
01

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
02

Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...

Gabon Appoints Thierry Minko Economy Minister in Post-Transition Reshuffle
03

Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...

Togo Overhauls Anti-Money Laundering Rules to Meet Global Standards
04

Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...

Ethiopia Secures Preliminary Eurobond Restructuring Deal With Private Investors
05

Heirs Energies acquires M&P’s 20% Seplat stake for $496M, exiting french group Maurel & Pro...

Heirs Holdings Push Oil Equity Production to 50,000 Barrels Per Day Following $496 Million Share Acquisition in SEPLAT
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.