Niger Financial Sector and SME Recovery (WB-P507762)

Countries
  • Niger
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Sep 15, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Niger - Ministry of Economy and Finance; National Treasury
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Finance
  • Industry and Trade
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 275.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 275.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS May 2, 2025

Disclosed by Bank Apr 21, 2025

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the Project development objective is to restore financial sector liquidity and strengthen recovery of micro, small and medium-sized enterprises.

Following the joint World Bank-IFC mission and workshops organized in June 2024, in response to a request by the Government of Niger for support for financial and private sector development, it was agreed that the WBG would identify clear interventions in line with ongoing analytics (CPSD 2.0, DE4A, Country Economic Update, Note on the Emerging Impacts of the Sanctions, etc.) and government priorities. This LEND project would be used to inform and deepen our policy dialogue in Niger and to flesh out the priority interventions under the headlines agreed during the mission. These aimed at: (a) Restoring liquidity and in the financial sector, (b) Improving access to finance for MSMEs (c) Strengthening MSME development.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

Environmental and Social Risk: Substantial

MSMEs activities that will be financed through the LoC could have low to moderate potential risks and impacts on occupational and community health and safety, waste management, resource efficiency, discrimination and grievances. However, at this stage, the eligibility criteria for the Participating Financial Institutions (PFIs) and MSMEs, nor an exclusion list acceptable to the Bank, have not yet been defined. Overall, E&S are rated as moderate, as risks and impacts likely to be generated through components 2 and 3 are expected to be site specific, non-significant, and easily mitigated through targeted mitigation measures.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

IDA Credit: US$ 275.00 million


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

World Bank

Maimouna Gueye
Senior Financial Sector Specialist

Louis Akakpo
Private Sector Specialist

Safia Hachicha Ep Ben Abdallah
Senior Financial Sector Specialist

Borrower/Client/Recipient

Ministry of Economy and Finance
SAMA MAMAN
Secretaire General Adjoint
Contact@finances.gouv.ne

Implementing Agencies

National Treasury
DOGARI BASSIROU
DIRECTEUR GENERAL DE LECONOMIE ET DES REFORMES
dbassirou@yahoo.fr

ACCESS TO INFORMATION

To submit an information request for project information, you will have to create an account to access the Access to Information request form. You can learn more about this process at: https://www.worldbank.org/en/access-to-information/request-submission

ACCOUNTABILITY MECHANISM OF THE WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. Information on how to file a complaint and a complaint request form are available at: https://www.inspectionpanel.org/how-to-file-complaint

How it works

How it works