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Doing Business in Niger

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Doing Business in Niger doing business in Niger country profile international treaties and memberships government Executive: The president is chief of state and the prime minister is the international African Development Bank structure head of government. The president is elected by absolute majority and regional African Continental Free Trade Area Agreement (AcFTA) popular vote for a period of five years and is eligible for a second term. organisations African Union Cabinet is appointed by the president. and customs African, Caribbean, and Pacific Group of States Legislative: Niger has a unicameral parliament. unions Community of Sahel-Saharan States Judicial: The highest courts are the Constitutional Court and the High Development Bank of the Central African States Court of Justice. The subordinate courts are Court of Cassation, Council Economic Community of West African States of State, Court of Finances, various specialised tribunals and customary European Union courts. International Bank for Reconstruction and Development Next presidential elections: 2021 International Development Association economic Nominal GDP (US Billions): 9.72 International Finance Corporation data GDP per capita (USD): 487.68 International Fund for Agricultural Development Inflation rate (% change): 2.40 International Monetary Fund Government revenue (% of GDP): 24.08 Niger Basin Authority Government gross debt (% of GDP): 55.60 United Nations West African Development Bank *Source: IMF (April 2019) West African Economic and Monetary Union World Bank The economy of Niger is largely driven by agriculture centred on Niger receives preferential treatment under the following agreements: subsistence crops and livestock. Niger has large deposits of uranium and http://ptadb.wto.org/Country.aspx?code=562 is the fourth largest producer of the mineral. Gold deposits exist in Niger bilateral with other minerals being mined on a smaller scale which include coal, Niger has bilateral investment treaties in force with Germany and investment gypsum, and salt, while other deposits that are still unexploited include Switzerland. treaties platinum, cobalt, and zinc. Treaties have been signed with Algeria, Egypt and Tunisia but these have Niger’s main export partners are France, Thailand, Malaysia, Nigeria, Mali, not yet entered into force. Switzerland. The main export commodities include uranium ore, livestock, investment- African Growth Opportunity Act cowpeas, and onions. related Multilateral Investment Guarantee Agency Niger’s main import partners are France, China, Malaysia, Nigeria, agreements / World Trade Organization Thailand, the United States, India. The main import commodities institutions foodstuffs, machinery, vehicles and parts, petroleum, cereals. dispute Cotonou Agreement risk ratings World Economic Forum Global competitive index (2018): NA resolution The Organisation for the Harmonisation of Business Laws in Africa World Bank ease of doing business (2019): 143/190 (“OHADA”) Corruption perception index (2018): 114/180 intellectual A comprehensive list of IP-related treaties signed by Niger is available at: property (“IP”) http://www.wipo.int/wipolex/en/profile.jsp?code=NE treaties 1 doing business in Niger For more information or assistance please contact: Celia Becker Executive | Africa regulatory and business intelligence [email protected] cell: +27 82 886 8744 This document contains general information and no information provided herein may in any way be construed as legal advice from ENSafrica, any of its personnel and/or its correspondent firms. Professional advice must be sought from ENSafrica before any action is taken based on the information provided herein. This document is the property of ENSafrica and consent must be obtained from ENSafrica before the information provided herein is reproduced and/or distributed in any way. LAST UPDATED NOVEMBER 2019 2 .
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