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Military coup in Niger: economic risks for the energy sector

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Military coup in Niger: economic risks for the energy sector

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Prepared by: Research and Studies Department at Saif Bin Hilal Center

Abstract:
Niger's economy is classified as highly sensitive to internal and external shocks, but in 2022 the Nigerian economy had begun to recover relatively; It recorded a high growth rate of 11.5%. This growth was not completed due to the military coup that occurred in 2023. Although Niger has many diverse energy sources – such as biofuels, uranium, metallurgical coal, oil, natural gas, hydroelectric and solar energy – it faces many problems, such as delivering electricity to the population in all regions.

In general, the energy sector in Niger plays an essential role in achieving economic stability locally, and on the other hand, internationally. Where uranium importing countries, such as France, rely primarily on Niger; Therefore, in this study, we will review the importance of energy in the Nigerian economy on the one hand, and its impact on the countries of the world on the other hand in light of the military coup in Niger.