The African Development Bank (AfDB) and the government of Niger have signed a $144.7 million financing agreement to expand electricity access and strengthen economic competitiveness.Â
The agreement, signed in Niamey, will fund renewable energy projects, upgrade transmission lines, and support rural electrification. Officials say the initiative will connect thousands of households and small businesses to the national grid, while also reducing dependence on costly fuel imports.
AfDB representatives emphasized that access to affordable and reliable energy is critical for Niger’s industrial growth, job creation, and regional integration.
Nigerien authorities welcomed the move, noting that only about 20% of the population currently has electricity access. The government hopes the project will not only bridge the energy gap but also drive agricultural and digital innovation.
The financing forms part of AfDB’s broader strategy to support sustainable development across Africa, with a focus on clean energy and economic resilience.
