Niger is surrounded by various African countries namely Algeria, Libya, Nigeria, Benin, Chad, Burkina Faso, and Mali. The country’s strength in certain sectors is noticeable such as petroleum, agriculture, gold. According to statistics, the GDP of Niger is forecast to trend around $ 15 bn in 2022 and $16.50 bn in 2023, creating more opportunities to develop some sectors such as agriculture, construction, mining, and other service sectors.
As companies expand their operations to Niger, they are faced with a few challenges to understand the local policies, laws, and cultural norms of the country to establish their employment outsourcing initiatives. This is where Africa HR Solutions can help clients with their HR outsourcing strategy by devising a tailored and comprehensive service, including Professional Employer Organisation (PEO), Employer of Record, payroll outsourcing among others, to fulfill all the business objectives in line with the organisation’s Niger HR outsourcing plans.
Country Profile - Niger
Population: 22.4 mn
Gross Domestic Product (GDP): $13.68 bn
GDP Growth: 5.2%
Inflation: 3.0%
Foreign Direct Investment (% of GDP): 5.0%
Unemployment Rate: 0.3 %
Capital: Niamey
Currency: West African CFA franc
Language: French
Niger's Economy
Niger is the 6th largest uranium producer in the world. The country exports petroleum and gold too and engages itself in agriculture and infrastructure development. Niger forms part of various memberships, including the West African Economic and Monetary Union (WAEMU) as well as the Economic Community of West African States (ECOWAS). Niger is experiencing a rapid increase in its population rate, leading somehow to poverty. However, measures are in place to rebound from the pandemic, and certain sectors such as construction, mining, agriculture, and other service industries will witness sustained growth.
Algeria
Angola
Benin
Botswana
Burkina Faso
Burundi
Cameroon
Cape Verde
Central African Republic
Chad
Comoros
Democratic Republic of Congo
Djibouti
Egypt
Equatorial Guinea
Eritrea
Ethiopia
Gabon
Gambia
Ghana
Guinea
Guinea Bissau
Ivory Coast
Kenya
Lesotho
Liberia
Libya
Madagascar
Malawi
Mali
Mauritania
Mauritius
Morocco
Mozambique
Namibia
Niger
Nigeria
Republic of Congo
Rwanda
Sao Tome and Principe
Senegal
Seychelles
Sierra Leone
Somalia
South Africa
South Sudan
Sudan
Swaziland
Tanzania
Togo
Tunisia
Uganda
Zambia
Zimbabwe