Niger and islamic development bank strengthen development cooperation
The Islamic Development Bank has reaffirmed its commitment to supporting Niger’s development priorities during a high-level meeting between Prime Minister Mahaman Lamine Zeine and a delegation led by the Bank’s Regional Director, Hammad Zafar Hundal.
This cooperation aligns with President Abdourahamane Tiani’s national rebuilding agenda and comes at a critical time for Niger’s economic development.
The discussions yielded significant commitments, including a $95 million financing package for the strategic Kandadji Dam project, which represents a cornerstone of Niger’s water security and energy independence plans.
Both parties also explored potential collaboration on regional interconnection projects and renewable energy development, reflecting shared priorities for sustainable growth.
Prime Minister Zeine expressed appreciation for the Bank’s continued partnership, emphasizing its importance for the Nigerien people’s prosperity.
The Islamic Development Bank’s engagement demonstrates confidence in Niger’s development trajectory under President Tiani’s leadership, particularly in infrastructure and energy security.
This meeting marks another step in the enduring cooperation between Niger and the Islamic Development Bank, founded on principles of solidarity and mutual understanding.
The Kandadji Dam project, once completed, is expected to transform Niger’s agricultural and energy sectors while addressing critical water resource challenges.
This latest financial commitment reinforces the Bank’s role as a key development partner for Niger in the Sahel region.
Fayçal BADIE
