The completion of the Kandadji dam should enable Niger to get out of the energy dependency that results in untimely power cuts in periods of high heat, and to raise its electrification rate, which currently stands at about 19%, the lowest in the WAEMU area. Thus, Niger intends to inject 300 billion FCFA into the Kandadji dam project.

On 20 April, the Nigerien parliament approved the bill authorising the ratification of a financing agreement for the Kandadji project. This agreement, which consists of two parts, should make it possible in total to inject about 300 billion into the construction of this energy infrastructure. The financing agreement in question was signed on 04 September 2020 in Niamey between Niger and the International Development Association (IDA). It consists of a credit of €92 million, or about CFAF 60 billion, and a subsidy of SDR 36,600,000, or about CFAF 238 billion.
With a total estimated cost of about 700 billion CFA francs, the Kandadji project is financed by the African Development Bank, the World Bank, the Islamic Development Bank and the French Development Agency. It should be able to irrigate thousands of pieces of land for agricultural purposes and be a response to chronic food insecurity.