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
Congo completes $354 million buyback of 2032 bond Outstanding 2032 notes reduced to $575 million Follows $700 million 2035...
Enko Education secures $46 million to fund expansion $22 million loan from Standard Bank announced February 17 Group aims to triple...
Dutch Good Growth Fund invests $3 million in First Circle Capital FCC backs early-stage African fintech startups continent-wide Fintech leads...
UBA moves beyond remittances with integrated banking and investment services Remittance flows to Africa exceed $100 billion a...
Most Read
01

Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...

Absa Kenya Imports a Telecom Playbook in Bid to Reinvent Retail Banking
02

Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...

Safaricom launches M-Pesa platform for stock trading in Kenya
03

MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...

DRC Accuses MTN of Illegal Operations, Spotlighting Border Frequency Issues
04

Ghana has 50,000 tonnes unsold cocoa at ports Cocoa prices fell from $13,000 to around ...

After Côte d’Ivoire, Ghana Faces Cocoa Stock Build-Up as Prices Collapse
05

This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...

Weekly Health Update | Africa CDC Advances Health Sovereignty Efforts
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.