Niger Frontier
Africa · Niamey · XOF (West African CFA Franc)
Economy & industry overview
Niger is a landlocked, low-income West African nation whose economy rests on subsistence agriculture (employing roughly 87% of the labour force), uranium mining, and petroleum extraction. It is one of the world's largest uranium producers and began crude oil exports following the 2011 opening of the Agadem oilfield and the Zinder refinery. The 2023 military coup disrupted external aid flows and strained relations with ECOWAS and Western partners, adding political-risk headwinds to an already fragile fiscal position. GDP growth has nonetheless remained positive, supported by hydrocarbon output and agricultural recovery, though Niger ranks among the lowest countries globally on per-capita income and human development metrics. The economy uses the West African CFA Franc (XOF), pegged to the euro via the BCEAO monetary union.
Key sectors
📘 Learn everything about Niger →Macro
| GDP nominal, USD | $19.40B |
| GDP growth real, annual | 6.6% |
| Inflation annual | 7.8% |
| Population people | 27.0M |
| GDP per capita USD | $693 |
| Market cap total listed, USD | — |
| Market cap / GDP | — |
| Unemployment | 0.4% |
| Listed companies | 45 |
| Exchange | Bourse Régionale des Valeurs Mobilières (BRVM) — Regional Exchange (WAEMU) (BRVM) |
Data year: 2024. Sources: IMF World Economic Outlook (April 2026), World Bank World Development Indicators, FocusEconomics – Niger Country Profile, Wikipedia – Economy of Niger, Trading Economics – Niger, Macrotrends – Niger Unemployment Rate, ILO ILOSTAT – Niger, BRVM Official Website (brvm.org), Wikipedia – BRVM, africanfinancials.com – BRVM Composite.
Latest news
- Algeria arms Niger with 4 military helicopters as North African power moves closer to Russia-backed Sahel bloc
- Exclusive: Niger uranium stockpile attracts interest from Romanian company
- Burkina Faso, Mali and Niger hit back at Nigeria’s president after he blames them for Nigeria’s worsening security crisis
Largest listed companies
The biggest companies on the main local exchange, by market capitalisation.
| # | Company | Sector | Market capUSD | US listing |
|---|---|---|---|---|
| 1 | Banque of Africa Niger (BOA Niger)BOAN · BRVM | Banking & Financial Services | — | — |
US-traded ETFs
Funds listed in the US that give exposure to this market — the simplest route for many US investors.
Local exchange & access
| Exchange | Bourse Régionale des Valeurs Mobilières (BRVM) — Regional Exchange (WAEMU) |
| Code | BRVM |
| Website | www.brvm.org |
| Currency | XOF |
Local broker access
Niger has no domestic stock exchange. Niger is a member state of the regional BRVM (Bourse Régionale des Valeurs Mobilières), headquartered in Abidjan, Côte d'Ivoire, which serves all eight WAEMU countries. There are no Niger-domiciled companies with primary BRVM listings of material size. International investors seeking BRVM exposure typically access it through brokers licensed by the CREPMF (regional regulator) or online platforms such as MyStocks.Africa that route orders to licensed BRVM dealing members. Direct US-broker access to the BRVM is very limited; specialist frontier-market or pan-African brokers are generally required.
Global brokers with foreign-market access
- Interactive Brokers — Direct access to 90+ markets worldwide, including many emerging exchanges.
- Saxo Bank — Multi-market access across Asia, Europe and the Middle East.
- Charles Schwab (Global) — Foreign ordinary shares on select markets; US-listed ADRs and ETFs.
- Fidelity International Trading — International stock trading on a number of developed and emerging markets.
Listed for convenience only — not a recommendation. Available markets, fees and onboarding rules differ by broker and by your country of residence.
Relocation & residency
Investment visa / residency programme
Grants No formal investment-migration programme
Niger has no formal residency-by-investment or citizenship-by-investment programme.
Need help applying? Specialist investment-migration advisers such as Henley & Partners.
Foreign-investor access
Niger does not operate a golden visa or investment-migration scheme. Foreign nationals wishing to reside in Niger must apply through standard visa and residency permit channels administered by the Direction de la Surveillance du Territoire. The security environment (active Sahel insurgency, post-coup political instability) is a significant practical consideration for relocation. French is the official language.