France and Niger have signed a 3-year cooperation agreement which might see the first provide the second over FCFA39 billion (about €60 million) of financing. The agreement was initialed in Paris during the visit of Niger’s Prime Minister Brigi Rafini from Feb 7 to 10, 2017.
From the total amount provided, close to €50 million will be used to establish the Kandadji hydropower dam. The infrastructure whose construction was launched since May 2008 will help provide more water to Niamey’s populations and generate 125 MW of power. It will also insure a flow of 120 m3/s at the beginning of the low-water period of the Niger River.
Asides this agreement, others were signed in various domains, totaling more than FCFA6 billion (about €10 million). One of the projects covered by the agreements is directed at the Diffa youth (in the South Eastern part of the nation which suffers terrorist attacks).
• Investors seem to keep focusing on yields, which are high for the moment• New Leadership might see...
• Qatar Airways and Kenya Airways establish strategic agreement, introducing a third daily flight be...
• ECOWAS Bank funds 47.7-km stretch of strategic 700-km road project• Lagos-Calabar highway seen boo...
• EY is preparing to leave Francophone Sub-Saharan Africa by 2026• The exit could unlock $500 m...
• Inflation within the West African Economic and Monetary Union (UEMOA) fell to a two-year low of 0....
• Ghana signs a deal with eLearning Africa to expand digital learning access across the country.• The partnership focuses on deploying modern digital...
Ghana launches the Oncology Nurse Leadership Program (ONLEP) to train specialized oncology nurses from seven African countries. The five-year...
Ivanhoe Mines signs deal covering 100% of Kamoa-Kakula smelter’s copper output. The smelter will process up to 500,000 tonnes annually, starting at...
African gas projects drive significant contracts for Asian shipbuilders, especially for Floating Liquefied Natural Gas (FLNG) units. South Korean...
Kolmanskop offers a haunting blend of lost wealth, colonial history, and the unstoppable force of nature. Located just a few kilometers inland from...
Located about 40 kilometers from Cape Town’s city center, Boulders Beach in Simon’s Town is one of the Cape Peninsula’s most iconic destinations. This...