Niger gets EUR 250m finance facility to drive economic recovery plan

The Republic of Niger has received a EUR 250 million structured finance facility to strengthen the country’s economic recovery. NAB Consulting announces the successful completion of the fund, co-arranged with Coris Bank Niger. The funding was provided by the African Export-Import Bank (Afreximbank). Granted to the Republic of Niger through the Ministry of Economy and […]

The Republic of Niger has received a EUR 250 million structured finance facility to strengthen the country’s economic recovery.
NAB Consulting announces the successful completion of the fund, co-arranged with Coris Bank Niger. The funding was provided by the African Export-Import Bank (Afreximbank).
Granted to the Republic of Niger through the Ministry of Economy and Finance, the financing forms part of the government’s economic recovery programme.
It is intended to provide strategic resources for priority initiatives aligned with national development objectives and designed to strengthen the country’s economic resilience, including agriculture, energy, healthcare, infrastructure and the productive economy, with particular emphasis on small and medium-sized enterprises and industries.
“The completion of this EUR 250 million facility represents an important milestone in the mobilisation of resources for Niger’s economic recovery programme.
“It reflects the State’s ability to work with credible financial partners in order to advance strategic development priorities within a structured framework aligned with national objectives,” said Dr Maman Laouali Abdou Rafa, Niger’s Minister of Economy and Finance.
The completion of this facility highlights the growing relevance of structured finance solutions for African sovereigns seeking to mobilise substantial resources for priority development programmes.
It also underlines the importance of credible repayment sources, appropriate security mechanisms, disciplined transaction execution and effective stakeholder coordination in delivering complex financing operations.
“This transaction marks an important step in the ability of African sovereigns to mobilise structured finance on the basis of credible security mechanisms.
“NAB Consulting contributed to the design of a financial architecture backed by identified export revenue flows, thereby strengthening the bankability of the transaction and enabling the mobilisation of a EUR 250 million facility for the Republic of Niger,” said Dr Ismaila Kamara, President of NAB Consulting.