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.
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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.
