Financing
Financing comes from ten sources: the African Development Bank, the Islamic Development Bank, the West African Development Bank, the Saudi Fund for Development, the Kuwait Fund for Arab Economic Development, the OPEC Fund for International Development, the Arab Bank for Economic Development in Africa, the Bank for Investment and Development of the Economic Community of West African States (ECOWAS) and the Government of Niger.
Specific amounts are as follows, as far as known:
- US$236 million was pledged by the Islamic Development Bank.
- US$15 million was pledged by the OPEC Fund for International Development in February 2009.
- US$62 million were approved in October 2008 by the African Development Bank through a combined loan and grant.
- US$20 million were approved in January 2010 by the Saudi Development Fund.
- US$200 million from the World Bank.
Financing for the hydropower station itself is due to come from a public-private partnership.
Read more about this topic: Kandadji Dam