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Niger

The economy of Niger is set to be the sixth fastest growing economy in Africa for the next 5 years, with an average yearly growth rate above 7%. Niger ranked fifth among ECOWAS countries in the most recent UNIDO’s industrialization intensity index and displayed the highest share of manufactured products in total export among ECOWAS countries. Niger is a relatively large market with a population of 27.2 million in 2023. Although Niger is well known for its world fourth rank of uranium production, the country is endowed with other natural resources including coal, gold, iron ore, tin, phosphates, petroleum, molybdenum, salt, and gypsum.

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Niger

Niger: The textile products market for Niger is set hit 500+ Billions by 2030

From thread spinning to textile-based apparels manufacturing, the industry is projected based on current consumption trends and future income paths, to hit a total gross value added of 532 illions by 2035.

This huge growth in output is expected to generate 3 millions employment and boost fiscal revenue and could become a leading exporting sector for the Gabonese economy.

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