Bussines in Niger
Major roadblocks to doing business in Niger include the small size of Niger's
market, an unskilled and uneducated workforce, and low per capita income. The
economy mainly consists of subsistence agriculture and informal market activity.
Niger has a small and fragile economy based largely on subsistence-level
agriculture and animal husbandry. Hard hit by frequent drought and increasing
desertification, Niger ranks 174th out of 174 counties on the United Nations
Development Fund index of human development.
- There is growth potential in telecommunications. Under the terms of
its privatization, SONITEL, the former state-owned phone company, was
granted a monopoly on all international voice connections and Internet
communications. In December 2004, this monopoly ended and all
companies are now able to compete equally. Telecommunications and
Internet service providers that get in early will be well placed to quickly
gain market share.
- As part of the terms of privatization, SONITEL is barred from
competing in the cell phone market. The Government has issued three
cell phone licenses, with two companies already operational. A third
company began operations in January 2004. Additionally, one license
has been granted to Wireless Fidelity Internet service.
Other Business Opportunities
Export opportunities may exist in vehicles (especially for export to
Nigeria), pharmaceuticals (herbal and generic drugs), heavy construction
and earth-moving equipment, food processing, and coal-fired electrical
Companies involved in mining equipment manufacturing, finance and
investment, geophysical mapping, consulting, and wastewater treatment
facility construction are best placed to benefit from the revitalization of
Niger's mining industry.
With continued high levels of donor assistance, there are
opportunities for providing consulting and engineering services to
development projects supported by the World Bank and African
Development Bank, other multilateral banks, and bilateral donors.
Niger Business comments
How difficult to be a Busissman in Niger?
I have been doing business over for the last ten years. Be prepared for beaucracy and military leaders.
May Lee, China
It can be easy or difficult to be a business man over here! It's a country where small number people believe that they owned this country. They can make very difficult for you as business in Niger.
Ali , Niger
You can make life easier for yourself pay bride or don't pay and find out how difficult to be a business man in Niger.
Das Silva , Portugal
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