NAB Consulting has successfully arranged a EUR 250 million structured finance facility for the Republic of Niger. The African Export-Import Bank (Afreximbank) provided this funding, co-arranged with Coris Bank Niger.
This financing is a crucial part of the Nigerien government's economic recovery programme. It will provide strategic resources for key initiatives aligned with national development goals. The facility aims to strengthen the country's economic resilience.
Ghana, like many African nations, increasingly seeks structured finance solutions to fund development projects. African countries are exploring innovative ways to attract significant capital. This transaction highlights a growing trend across the continent, including Ghana, towards financing mechanisms backed by identifiable revenue streams. Such mechanisms offer greater security to lenders.
Dr. Maman Laouali Abdou Rafa, Niger's Minister of Economy and Finance, confirmed the importance of this facility. He stated: “The completion of this €250 million facility represents an important milestone in the mobilisation of resources for Niger's economic recovery programme.” He added that it shows the state's ability to partner with credible financial institutions for strategic development.
The funding will support crucial sectors in Niger, including agriculture, energy, healthcare, and infrastructure. It will also focus on developing small and medium-sized enterprises (SMEs) and industries. This broad support aims to stimulate economic growth and create jobs, similar to Ghana’s efforts to bolster its productive sectors.
NAB Consulting played a central role in designing and executing this transaction. The firm helped create the financial structure and coordinated discussions among all parties involved. It also refined the financing plan and supported negotiations that led to Afreximbank's approval. The transaction is backed by eligible export revenue flows, which are pledged and secured for Afreximbank. This structure improves the credit quality of the financing, making it more attractive to lenders by providing clear visibility of repayment sources.
The completion of this facility shows that structured finance solutions are becoming more relevant for African countries. These solutions help countries raise substantial funds for important development programmes. It also underlines the need for reliable repayment sources and proper security measures. Effective coordination among all parties is also vital for successful complex financing operations.
NAB Consulting has a strong track record in financing transactions across Africa. Over the past three years, the firm has originated or arranged 29 transactions. These deals are either completed or nearing completion, with a total value of approximately €2.93 billion. This includes work in countries such as Guinea, Senegal, Burkina Faso, Côte d'Ivoire, and Mauritania, demonstrating its wide reach and expertise.
These transactions cover various financial instruments and types, including trade finance, term loans, and credit lines. They also involve financing for infrastructure, energy, and public-sector projects. NAB Consulting's expertise helps African sovereigns, banks, and companies secure funding by tailoring security and risk-mitigation plans to local economic conditions. This strategic approach is increasingly relevant for Ghana as it seeks to navigate its own economic challenges and attract foreign direct investment.