Niger’s Government Backs ₣21.76 Billion Agro-Industrial and Solar Energy Project in Maradi

The Nigerien government has approved a ₣21.76 billion CFA francs investment by Groupe OLGA SARL to construct and operate an industrial complex and a 50 MW solar power plant in Maradi.

The decision, made during a Council of Ministers meeting chaired by General Abdourahamane Tiani, grants the company benefits under Niger’s Investment Code for ten years, including a 36-month completion phase.

With a capital of ₣10 million, Groupe OLGA SARL plans to produce oil, soap, milk, mattresses, bricks, and sheet metal through this initiative, which supports the government’s goal of achieving food self-sufficiency and boosting local production.

The project is expected to create 107 permanent jobs and numerous indirect ones, reinforcing economic growth and industrial development in Maradi, a key agro-industrial hub in Niger.

 

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