Niger Signs $145m Energy Agreement

Key Figures & Findings: Niger and the African Development Bank Group have signed a $144.7 million financing agreement to advance energy access and economic competitiveness. The support, drawn from the African Development Fund, will fund Phase 1 of the Energy Sector Governance and Competitiveness Support Programme (PAGSEC). The initiative is expected to raise electricity access from 22.5% to 30% by 2026, while boosting renewable capacity with a target of 240 MW of solar by 2030, including 50 MW by December 2026.

Statistics & Insights: The programme also aims to lift the manufacturing sector’s contribution to GDP from 2.5% to 3.8% by 2026, while strengthening fiscal management and clearing domestic arrears. In addition to supporting grid-connected solar, it will promote private-sector participation in mini-grid development for rural electrification.

Future Implications: If implemented as planned, the programme could accelerate Niger’s renewable energy rollout while stabilising the economy and diversifying its power mix. By strengthening governance systems and enabling private-sector participation, it may also improve resilience to fiscal and climate shocks beyond 2030.

Source: African Development Bank

Quick Take: Niger secures $145m AfDB financing to expand solar, boost energy access, and strengthen economic resilience.