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Since 2011, Niger has been a small oil producing country (20 000 barrels per day, 100 times less than Nigeria). The country consumes 10 000 barrels per day of petroleum products which were previously imported from Nigeria.
Things looked brighter for Niger’s economy in 2014, with growth at 7.1%. This performance, following 4.1% growth in 2013, was driven mainly by agriculture, which enjoyed favourable weather, as well as by the construction sector and the transport and communications sector, both of which were buoyant.
With Africa’s population set to double by 2050, modernising local economies will be vital to make the continent more competitive and to increase people’s living standards, according to the African Economic Outlook 2015, released at the African Development Bank Group’s 50th Annual Meetings.
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4-page policy note detailing the key results and recommendations from OECD Trade Policy Paper 179 on the Participation of Developing Countries in Global Value Chains.
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24-page summary paper of the OECD trade policy paper #179 on participation of developing countries in global value chains available on the OECD iLibrary.
These ready-made tables and charts provide for snapshot of aid (Official Development Assistance) for all DAC Members as well as recipient countries and territories. Summary reports by regions (Africa, America, Asia, Europe, Oceania) and the world are also available.
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Despite their common heritage, the Maghreb and the Sahel remain insufficiently connected. The dissemination of cultural, religious and linguistic trends, the movement of people, and their trade relations serve as ancient bridges between the two regions. Strengthened relations between countries and populations on both sides of the Sahara require infrastructure, increased trade, and a new definition of the border concept.
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At an estimated cost of 21 billion USD in 2006, the trans-Saharan gas pipeline would have the\ capacity to transport some 30 billion cubic meters of gas per year from Nigeria to Europe.
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Niger was ranked in the last position of the 2014 Human Development Index (HDI). The GDP per capita in 2013 is estimated at USD 778 (PPP), almost two times lower than that of Mali, and six times lower compared to Nigeria.
By participating more effectively in the global production of goods and services, Africa can transform its economy and achieve a development breakthrough, according to the latest African Economic Outlook, released at the African Development Bank Group’s Annual Meetings.