Niger projects 6.5 GDP growth for 2019

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West African country, Niger, says it expects economic growth to rise to 6.5 percent in 2019 from 5.2 percent last year.

This, according to the country’s President, Mahamadou Issoufou, is owed in part to huge investments in the oil sector, which he said is being ‘aggressively’ developed.

Mr. Issoufou said this in an address on Monday and added that the oil sector would receive $4 billion in investment over the next two years.

Niger wants to expand its oil sector in part to make up for low prices for uranium, of which it is one of the world’s leading producers.


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