The President of Niger, Mohamed Bazoum, displayed a smile of satisfaction, Tuesday evening in Paris, at the end of the two days of fundraising.
Thanking in passing the “
hero”
of the day, his planning minister, Rabiou Abdou.
And for good reason, the Sahelian country among the poorest in Africa, which was aiming for 29.6 billion euros for the new five-year development plan 2022-2026, obtained the substantial amount of 45 billion euros in commitments.
Or one and a half times its annual GDP!
The plan will also be funded at 30% from the state budget.
To discover
Prime Macron 2022: conditions, amount, date of payment... how does it work?
Institutional donors will provide 22.7 billion in the form of concessional loans (at reduced rates), including 4.2 billion for the World Bank, 2.7 billion for the European Union and 750 million for France.
The private sector will contribute 8.3 billion euros, including 500 million dollars for the International Finance Corporation (IFC), a subsidiary of the World Bank group.
“It is an important envelope;
until…
This article is for subscribers only.
You have 75% left to discover.
Cultivating your freedom is cultivating your curiosity.
Keep reading your article for €0.99 for the first month
I ENJOY IT
Already subscribed?
Login