Niger
Niger is battling with unprecedented domestic political tension and there is a perception that the country’s security position is deteriorating. Despite this, there are pockets of positive activity in the country’s real estate market.
12 July 2024
When it comes to the office market, there are very limited Grade A options available in the city. As a result, international businesses are starting to operate out of converted villas, mirroring diplomatic missions which either do the same, or have older purpose-built facilities.
There is also considerable interest in ‘greener’ buildings and technologies, in part driven by international occupiers’ search for green-rated buildings.
Separately, solar-powered streetlamps are appearing across the capital, courtesy of a Moroccan investor and plans are progressing on the development of a Smart City on the banks of the River Niger.
"There is considerable interest in ‘greener’ office buildings and technologies, in part driven by international occupiers’ search for green-rated buildings."
Elsewhere in the commercial market, Niger has made significant progress in positioning itself as a conference destination for the Sahel region. A new airport has been constructed to support these ambitions, alongside supporting conference venues and new hotels, such as the 5*, 189-key Radisson Blu Hotel & Conference Centre in Niamey. A coup attempt in March 2021 has however stalled Niger’s emergence as a conference hub.
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