World Banks’ International Development Association (IDA) approved the disbursement of $100 million (CFA57.8 billion) to help Niger accelerate its digital transformation.
According to a statement issued by the institution, this support -which is composed equally of a loan and a grant- will be invested in a program to modernize the economy and improve access to essential services. The World Bank said Niger has one of the lowest phone coverage rates in Africa due to the lack of sufficiently developed digital infrastructures.
The project is aimed at deploying more resilient infrastructures and generating innovations to increase citizens' access to essential social services, while improving the well-being of populations, including in the poorest and most fragile regions. Also, this support will be useful for the “Smart Villages” project, which aims to improve access to mobile telephony and broadband services in rural areas and, at the same time, bring paperless financial services to some of Niger's underserved regions.
According to Tim Kelly, Senior Digital Development Specialist at the World Bank, “the pandemic has revealed the urgency of accelerating the digital transformation to enable countries like Niger to keep the private sector active and save lives and jobs. By ensuring that all citizens have access to quality and affordable internet connection, that online public services are easily accessible, and that the digital economy drives growth, innovation, and job creation, this new project will help Niger harness its potential for digital development.”
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...
Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...
Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...
Heirs Energies acquires M&P’s 20% Seplat stake for $496M, exiting french group Maurel & Pro...
Rwanda ranks first in Africa in the World Bank’s Business Ready 2025 with a score of 67.94. Benin and Senegal enter Africa’s Top 10 for the first time...
Carrefour signed a franchise and supply agreement to enter Ethiopia with Midroc’s Queens Supermarket PLC. The partners will convert 13 existing stores...
Acumen closed a $250 million blended-finance raise for off-grid electricity in sub-Saharan Africa. The H2R Amplify debt fund reached $180...
Ivory Coast expects a new government after the prime minister and cabinet resigned following December 27 legislative elections. The ruling RHDP won...
The Sundance Institute selected three African films from more than 16,000 submissions across 164 countries. The 2026 festival will run from January 22...
Organizers opened submissions for the sixth Annaba Mediterranean Film Festival from Jan. 8 to Feb. 28, 2026. The festival accepts feature films, short...