Niger: Could Economic pressures ease the transition to democracy?

By on March 12, 2010

The new military leaders who overthrew Niamey President Mamadou Tandja February 18 promised to restore democracy quickly. On 23 February they have appointed a civilian prime minister, Mahamadou Danda. The new head of state, Salou Djibou said: “no member of the Supreme Council for the Restoration of Democracy (CSRD) or the transitional government would be a candidate in the upcoming presidential election”.
However, the African Union, the Economic Community of West African States (ECOWAS) and international donors are not yet convinced of the good intentions of the military.
Niger has very large reserves of uranium but the government will see its financial constraints increase as lenders will suspend their aid until the restoration of the constitutional order.

Immediately after the coup, it was thought that uranium had been able to play a role, because nuclear power is coming back into fashion and prices have increased. Today, this presumption proves to be wrong. Either the French group Areva, or the International China Nuclear Uranium Corporation are performing their normal activities. Areva’s annual production is about 3 000 tons from “Cominak” and “Somair” mines and hopes to produce 5 000 tons from the “Imouraren” mine in which it invests 1.2 billion Euros.
If these agreements were violated or new actions were or shall be taken with other investors, or seeking other partners, all would be detrimental to future international investments and existing operations… the coming months will prove the Junta intentions

 

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