The Vice President of the World Bank for West and Central Africa Ousmane Diagana held a press briefing on Wednesday, June 2, 2021 dedicating the end of his mission to Niger. On the occasion, he announced that the institution has approved a financing of $ 500 million for the implementation of the Kandadji Dam Project."The World Bank contributes nearly $ 500 million (about 270 billion CFA francs) to the Kandadji program, or 25% of the budget, "The World Bank contributes nearly $ 500 million (about 270 billion CFA francs) to the Kandadji program, or 25% of the budget," said the Vice President of the World Bank for West and Central Africa.

With this envelope, the Breton Woods institution becomes the 2nd largest donor of this important project after the African Development Bank (AfDB). "Kandadji is an important program for the World Bank," said Ousmane Diagana who stressed that "this project will boost the economy through the development of agriculture through water control and energy production".

Indeed, launched since August 2008, the construction work of the Kandadji dam, initially attributed to the Russians, could not start until 2019, after a takeover of the project by the Chinese group CGGC.