Housing Finance in Niger


This profile is also available in French here.

To download a pdf full version of the 2021 Niger country profile, click here.

Niger remains a predominantly rural Sahelian country in 2020 with only 17% of the population urbanised, a third of whom live in the capital city of Niamey. Considered one of the poorest countries in the world, it is “facing a triple crisis: security, humanitarian and, more recently, health (COVID-19)”. The World Bank estimates that more than 10 million people will be living in extreme poverty in 2020, including 685 000 more than in 2019, or 42.9% of the population. With 59% of its population already living in slums, three out of four jobs in the informal non-agricultural sector, an annual urbanization rate of 4.4%, and 500 000 new city dwellers expected each year by 2050, Niger’s cities are and will be particularly affected by informality. In addition, for the past few years, the country has been hosting 241 321 refugees and 300 320 displaced persons, according to the United Nations High Commissioner for Refugees (UNHCR), fleeing conflicts in the region, particularly in Nigeria and Mali.

The West African Economic and Monetary Union (WAEMU), of which Niger is a member state, has not been spared the international economic and financial situation linked to the health crisis. Niger’s gross domestic product (GDP) grew, in real terms, by only 1.2% in 2020 whereas it had grown by 5.9% in 2019, in line with regional dynamics. This is due to a sharp decline in the contribution of the tertiary sector to economic growth. Meanwhile, Niger’s inflation rate reached 2.9% in 2020.

Production of social housing is one of the priorities of the Renaissance III Programme presented by the new government.  Despite this, the difficulties of the housing sector and its financing are only reinforced in this context of economic crisis and racing urbanisation: demographic pressure intensifies each year, access to basic services remains a challenge, urban informality remains prevalent, and the low solvency of households hinders their access to the housing market and to sources of finance.

Find out more information on the housing finance sector of Niger, including key stakeholders, important policies and housing affordability:

Each year, CAHF publishes its Housing Finance in Africa Yearbook. The profile above is from the 2021 edition, which has up-to-date profiles for 55 African countries.

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