Africa Business Emerging Markets Europe Headlines International

Niger nationalizes French uranium giant Orano’s Subsidiary amid sovereignty push

Niger’s military regime has nationalized Somaïr, the subsidiary of French uranium giant Orano, escalating tensions between Niamey and Paris in a move that symbolizes the regime’s sovereignty-focused policies since taking power in 2023. The nationalization announcement, delivered through state television during a council of ministers report, cited Orano’s “irresponsible, illegal and disloyal behavior” and characterized […]