Niger signed on July 3, 2021, a financing agreement of 3.2 billion USD with the Moroccan group Ymmy Finance Holding for the realization of several industrial and infrastructure projects in Niamey, its capital.
According to Omar Moumouni Dogari, central mayor of Niamey, this involves the construction of a new town in the capital on 1,050 hectares, the establishment of a free zone on an area of 200 ha and the construction of 36,960 housing units. social services including an agro-food complex.
“If we combine with harmony and insight, the potential of our city with the capital of expertise of Moroccan partners in the targeted areas of their project, we would be able to address a number of needs of our fellow citizens,” said the mayor.
The first head of the Ymmy Finance Holding group, Ahmed Lotfi, adds the creation of an industrial zone, a sort of “smart city” which will border along the banks of the Niger river. “The projects are six in number and will be carried out over 8 years,” he explains.
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