WASHINGTON, April 10, 2018—The World Bank Group endorsed today the Country Partnership Framework (CPF) for Niger 2018-2022.
“This Country Partnership Framework means ‘business unusual’. It will help Niger move towards increased rural productivity and incomes, improved human capital and social protection and better governance for jobs, service delivery
In Niger, agriculture and livestock sectors account for more than 80
Additional investments in infrastructure, electricity, water supply & sanitation, rural roads and digital infrastructure and services would be addressed as enablers to further enhance agricultural productivity and income.
Concerning the private sector, the International Finance Corporation, a sister organization of the World Bank focused on private sector development, plans to increase its activities in Niger and will continue to focus on micro, small and medium enterprise development, agribusiness, and infrastructure development through
As for the Multilateral Investment Guarantee Agency, member of the World Bank Group promoting foreign direct investment, it will actively seek opportunities to support foreign private sector investment into Niger, and may make use of the International Development Agency-Private Sector Window to help mitigate the uncertainties and risks, real or perceived, to high impact private sector investment.
“The CPF will aim to reduce the prevalence of stunted children aged 0-59 months, bring 200 additional MWs of electricity and establish 22 rural weekly markets that benefit from all-season road access,” said Siaka Bakayoko, World Bank Country Manager in Niger.
The new Country Partnership Framework succeeds the Country Partnership Strategy (2013-2016), it draws on a comprehensive Systematic Country Diagnostic completed in 2017. The CPF is also aligned with the second Plan for Economic and Social Development (Plan de Développement Economique et Social) prepared by the Government of Niger within the context of its Vision 2035. The CPF will address fragility, conflict and violence risks by supporting Niger’s response to existing crises and by helping to reduce rising tensions.
Moreover, under IDA18, resources available for Niger could be over $1 billion. This represents an unprecedented opportunity to upgrade and expand the scope of the World Bank Group’s assistance to achieve its twin goals of eliminating poverty and fostering shared prosperity in a socially and environmentally sustainable way.