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

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LAST UPDATED NOVEMBER 2019

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