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@devilsbelow

Devils Below

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PostedDec 2712/27/2025, 07:59 AM
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Dubious Results of the Year 🇳🇬Niger has overcome its foreign trade deficit — but whatdid it cost? 🌐 In 2025, Niger’s exports finally exceeded the value of its imports, meaning it now has more hard currency to service debt, invest, and purchase goods abroad. Yet once again, oil was the main driver of this growth. 📈 Over the past few years, Niger has posted striking export growth: from CFA 0.6 billion in 2023 to 0.9 billion in 2024, and then to CFA 1.6 billion in 2025. A major factor was the launch of the oil pipeline to Benin in 2024, which made it possible to ship larger volumes of crude oil for sale. ⏩ For Niger, this is essentially a turning point. Either it begins reinvesting the revenues it is already earning into more promising sectors of the economy, or oil prices will fall (by the end of the year they are already quite low), or exports will take a hit from insurgents who are already working overtime to blow up pipelines — and the opportunity will be lost. ➡️ Follow to stay informed - @devilsbelow