YMMY Finance Holding set to invest US$3.3bn in Niger for several projects

NIGER – Morocco’s YMMY Finance Holding announced that it will invest US$3.3 billion (MAD 29.4 billion) in projects in Niger’s capital city of Niamey, reports Morocco World News. The announcement follows the signing of a Memorandum of Understanding (MoU) between the Moroccan financier and the city of Niamey. “There are six projects that will be carried out over 8 years and the majority fall under a Public-Private-Partnership (PPP) contract at a cost of US$3.3 billion,” said Chairman of the YMMY Finance Holding group, Ahmed Lotfi. A PPP is an investment…

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