In a significant boost to its economy and employment sector, the Nigerien government has approved Investment Code benefits for five companies undertaking projects in the energy, agribusiness, pharmaceutical, and metallurgy industries.
These investments are expected to generate nearly 3,000 permanent jobs across the nation.
The Nigerien government announced on Tuesday, April 29, 2025, through a press release, the allocation of Investment Code advantages to the five companies, representing a total investment of 246.6 billion CFA francs. This initiative aligns with the government’s strategic efforts to revitalize the industrial sector and address the pressing issue of unemployment, particularly among the country’s youth.
GCM Industrie Niger-SA is set to benefit from these incentives for its project focused on the production of reinforced steel bars (rebar) and annealed wire in Niamey. This venture represents an investment of 13.15 billion CFA francs and is projected to create 86 permanent employment opportunities.
In Zabori, Al Aman International SARL is investing in electricity production, with a focus on incorporating renewable energy sources. This significant investment amounts to 66.8 billion CFA francs and is expected to generate 23 permanent jobs.
The pharmaceutical sector will see a boost with Hua Hang Kogari Pharmaceutical-SA’s plans to establish a production facility in Karma. This project involves an investment of 8.7 billion CFA francs and is anticipated to create 86 permanent positions.
Aigle d’Afrique SARL, specializing in the manufacturing of detergents, will establish its operations in Bartchawal-Hamdallaye. This investment is estimated at 3.4 billion CFA francs and is expected to create 93 permanent jobs.
Finally, Hunan Xiangfei Wanrun International Trade Niger SARLU will spearhead the largest project within this investment drive, allocating 154.5 billion CFA francs towards the development of an industrial park in N’Dounga. This ambitious project is projected to create a substantial 2,690 jobs across various sectors, including agribusiness, processing, and trade.
Collectively, these five investment projects are expected to generate a total of 2,978 permanent jobs, significantly bolstering the Nigerien government’s policy of promoting productive investment as a key driver for national development and economic growth. The diverse nature of the investments across crucial sectors highlights Niger’s potential for economic diversification and its commitment to creating sustainable employment opportunities for its citizens.
AC/fss/abj/APA