US Uranium Deal Raises Questions in the Context of Niger's Decolonization Process
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IOL
iol.co.za

US Uranium Deal Raises Questions in the Context of Niger's Decolonization Process

Despite the pursuit of sovereignty and decolonization, Niger faces a dilemma regarding a potential uranium deal involving the US. The author notes that the quest for independence does not always equate to a complete withdrawal from the global economy.

After Washington was forced to withdraw its troops from Niger just two years ago, there is a possibility of a return of American influence. The US International Development Finance Corporation has approved a credit line of up to $414.2 million for the Dasa uranium mining project, which is operated by the Canadian company Global Atomic. However, the US is not acquiring the mine itself; the financing through the DFC is intended for Global Atomic.

It is important to emphasize that this is not a grant for Niger. Global Atomic owns 80% of the Nigerien company SOMIDA, which manages Dasa, while the remaining 20% belongs to the Government of Niger. For Washington, this project holds significant strategic value in the context of seeking new sources of nuclear fuel.

At first glance, this deal contradicts the firm stance taken by Niger and the Alliance of Sahel States (AES) regarding sovereignty and decolonization. Over the past three years, Niger has gained greater control over its natural resources and security, pushing out the influence of both France and America.

Now, however, a US government institution is prepared to finance a Canadian uranium mine in Niger. A cynical interpretation of this event might suggest a return to the former world order. However, the author argues that decolonization cannot be measured solely by the number of foreign soldiers or the number of commercial agreements with companies or governments.

A more accurate criterion is a thorough examination of who determines the terms of extraction, who benefits, and how much of this economic value is transformed into sustainable development and sovereignty.

Niger's break with France is significant, as uranium was central to the country's relationship with its former colonizer. The Nigerien government took control of the Somaïr uranium mining operation after clashes with the French company Orano. Orano dominated this sector for decades but is now challenging Niger's actions through international arbitration. For Niger, replacing the French company with a Canadian one is not inherently an act of decolonization.

Nevertheless, accepting American funding does not automatically mean a return to colonialism. The pursuit of sovereignty does not require a complete disconnection from the global economy. This lesson was demonstrated in 1966 when Charles de Gaulle ordered the withdrawal of NATO headquarters and foreign troops from France so that the country could 'fully realize its sovereignty across its entire territory.'

Even after building its own nuclear power, France continued to trade in Western markets. This serves as an important example. Africa currently needs capital, technology, infrastructure, and markets to ensure significant and long-term national and regional development.

Interestingly, Botswana did not expel the company De Beers from its diamond industry. Instead, it opted for a 50:50 partnership with De Beers in Debswana, which led to significantly stronger local processing. Similar to Botswana, Ghana also leveraged its strategic influence to determine cooperation terms. In 2025, the Ghanaian Gold Council insisted that major mining companies sell twenty percent of exported gold locally. While these are small steps toward resource sovereignty, they represent a huge departure from historically exploitative partnerships with foreign powers.

Any country lacking adequate capital investment, national infrastructure, production and processing capabilities, technological knowledge, and reliable trade routes and markets will remain structurally dependent. Although Niger has sovereign control over its resources, this has not translated into economic power or sustainable prosperity.

The Dasa project has highlighted serious limitations currently facing Niger. Firstly, Niger is a landlocked country. Secondly, instability and threats of insurgent activity make its transport corridors increasingly vulnerable. Global Atomic is studying alternative export routes, and a potential corridor through Algeria is being considered. The financing itself is contingent upon the existence of a viable export route and agreements still under discussion with the Government of Niger.

The immediate task for Niger and the AES is to create an economic system where African states receive a substantially larger share of the value generated by their resources. Building optimal domestic capital, top-tier technical expertise, durable and scalable production and processing facilities, as well as alternative, future-oriented trade routes and markets—this is work spanning decades.

In many ways, achieving political sovereignty is simpler. It can even be as simple as withdrawing foreign troops abroad. Economic sovereignty, conversely, requires slow, methodical capacity building.

At present, the Dasa deal cannot be viewed as proof of success for Niger's sovereignty project, nor can it be prematurely seen as evidence of its failure. If Dasa turns into another enclave where raw materials leave Niger, but profits, technology, and strategic decision-making remain elsewhere, then the language of AES sovereignty will become nothing more than a hollow slogan.

However, if Niger can transform this deal into state revenue, qualified jobs, local procurement, infrastructure development, technical capacity, and enhanced negotiating power, then foreign financing can become a tool for transformation.

Decolonization is a matter of sovereignty. It is not a single event or a linear process. Its realization must be practical and pragmatic, not theoretical. The essence lies in defining the terms of interaction and changing the 'master-slave' relationship. Until now, African countries have been in a position where conditions were dictated to them. This must change.

Niger expelled foreign soldiers. It resisted France's historical control over its uranium. Now, it is negotiating the terms under which American financing can support a Canadian mine. General Abdourahmane Tiani stated that Niger 'has the legal right to dispose of its natural wealth and sell it to whomever wants to buy it, according to market rules, in complete independence.'

The main thing that will happen next is whether Niger uses its influence to ensure that this major uranium project benefits the people of Niger. If this is achieved, this uranium deal will be a reconfiguration, not a retreat from its agenda of decolonization and sovereignty.

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When the 24th tranche of the PM Kisan Yojana program is expected: two main reasons
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When the 24th tranche of the PM Kisan Yojana program is expected: two main reasons

The twenty-fourth installment of the PM Kisan Samman Nidhi Yojana (PM Kisan Yojana) is expected in 2026. Although the central government has not yet published any updates regarding this installment, it is anticipated that notification of the next payment may be released soon.

This program provides an annual payment of 6000 rupees to farmers and their families. This amount is distributed into three parts of 2000 rupees each and credited to the beneficiary's bank account via Direct Benefit Transfer (DBT).

Previously, the twenty-third installment of the PM Kisan Yojana was released on June 20, 2026, transferring over 18,880 crore rupees to the accounts of more than 9.44 crore farmers.

There are two main reasons why the installment under this program might be released in October. Firstly, payments under this scheme are made every four months. October marks the completion of the fourth month, as the last installment was released in June.

Secondly, the government often gives gifts to farmers during festivals. This time, it is also possible that the PM Kisan Yojana installment will be provided as a festive gift, such as for Dussehra or Diwali.

The payment of many farmers is suspended if their bank identification (KYC) is not updated. If your bank account information is also not updated, you should immediately visit a bank branch to complete this procedure. You can get information about your KYC status from a bank employee.

Furthermore, it is necessary to complete the KYC procedure on the official PM Kisan portal. If you have not yet done this procedure, you can complete e-KYC through the portal using OTP, biometrics, and other methods.

Farmers should also ensure that their personal details, land records, and bank account information are accurate and up-to-date. Authentication based on Aadhaar is used for beneficiary identification and fund transfer under the program. If any of these elements are missing, your installment may be blocked.

Dabur receives NCLT approval to acquire Ayurvedic oil brand Sesa Care
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business-standard.com

Dabur receives NCLT approval to acquire Ayurvedic oil brand Sesa Care

Dabur India announced on Friday that it has received permission from the National Company Law Tribunal (NCLT) in New Delhi to merge with Sesa Care Private Limited.

The Tribunal approved the Merger Scheme during hearings held on Thursday, September 24, 2026, as stated in the company's regulatory filings submitted on Friday. This approval paves the way for the integration of Sesa Care into Dabur India, provided all necessary legal procedures are completed and other conditions stipulated in the scheme are met.

Sesa Care is a leading brand in Ayurvedic skincare cosmetics, possessing significant brand value. The company noted that the merger will allow Dabur India to acquire a premium brand with strong Ayurvedic credentials, which will complement its existing portfolio and strengthen the company's position in the hair care segment.

From 51% Acquisition to Full Merger

Previously, in October 2024, Dabur announced this deal, initially acquiring 51 percent of the paid-up cumulative preference shares with redemption rights (CRPS) of Sesa Care from the existing shareholder, True North. Subsequently, the deal was advanced through a Merger Scheme between Sesa Care and Dabur India.

At the time of the announcement in October 2024, Dabur characterized Sesa as ranking third in the Indian Ayurvedic hair oil category. The company also mentioned the Ayurvedic hair oil market as being worth 900 crore rupees.

The proposed merger had previously obtained the necessary approvals from the shareholders of equity and unsecured creditors of Dabur India at meetings convened as per the directions of the NCLT on May 2, 2026, as well as approval from relevant regulatory bodies. The effective date of the Scheme is set for April 1, 2026, and the merger will take effect after the completion of all required legal procedures and compliance with the terms outlined in the Scheme.

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