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The U.S. Development Finance Corp has approved up to $414 million for a uranium project in Niger by Canadian miner Global Atomic, two years after the U.S. withdrew troops from the country following a coup. This investment aims to secure strategic access to uranium as tensions rise with France and Russia increases its presence in the region. The deal could also improve strained relations between the U.S. and Canada amid ongoing trade disputes.
Written locally by qwen2.5:14b on 2026-09-18,
using this article's own text rather than the other coverage of the
same event (that is the story summary below).
Story summary
The US Development Finance Corp has approved up to $414 million in financing for Canadian miner Global Atomic's Dasa uranium project in Niger, two years after US forces were expelled from the country. This move is seen as a diplomatic and commercial breakthrough, strengthening ties between Washington and Niamey at a time when relations had deteriorated due to Niger’s military coup in 2023 and subsequent reliance on Russian security support. The Dasa project, described by Global Atomic as Africa's highest-grade uranium deposit, could secure a strategic uranium supply for the US, amid ongoing disputes with French state-backed miner Orano, which has long dominated Niger’s uranium sector.
Written for “US Uranium Investment In Niger” on 2026-09-18,
grounded in this article and the 1 other(s) covering the same event.
Why this leaning score
The article's own words the score was based on. Each is quoted
verbatim and was checked against the article text before being
stored, so you can find it in the original.
Leaning score +0.35 for article 17453 (high confidence, 2 verified quotes) · logged 2026-09-18
The United States government has signed off on as much as $414m in financing for a uranium project in Niger, according to the project’s developer, two years after Washington agreed to withdraw troops from the African country.
uncertain
Washington → sign → country
The US Development Finance Corp approved the debt facility for Canadian miner Global Atomic’s Dasa project, which the company describes as the highest-grade uranium deposit in Africa, according to a company statement on Wednesday.
uncertain
company → approve → Wednesday
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The investment could bolster US access to a strategic uranium supply at a time when Niger, the world’s seventh-largest uranium producer, is locked in a dispute with French state-backed miner Orano, which long dominated the country’s uranium sector.
uncertain
which → deny → sector
Sources briefed on the effort said US Ambassador Kathleen FitzGibbon had urged Washington to rebuild ties with Niger and back the project after the Trump administration took office with a renewed emphasis on deal-making in Africa.
asserted
administration → brief → Africa
In 2024, the United States agreed to withdraw about 1,000 troops after the military government, which took control of Niger in a coup in 2023, deemed their presence “illegal” and turned to Russia for security support.
asserted
presence → agree → support
French soldiers were also ordered to leave in 2023.
asserted
soldiers → order → 2023
The project was seen as an opportunity to secure access to a strategic energy resource that might otherwise fall into the orbit of rival powers, the sources said.
uncertain
sources → see → powers
One source familiar with discussions involving Global Atomic and the Development Finance Corp said a breakthrough came this summer when chief executive Stephen Roman travelled to Washington to resolve remaining issues holding up approval.
asserted
Roman → involve → approval
The project could also provide a rare bright spot in US-Canada relations, which have come under strain amid a trade war between the neighbours.
uncertain
which → provide → neighbours
Niger’s government did not respond to Reuters’ request for comment.
The project faces significant security and political risks.
asserted
project → respond → risks
Last month, a group of soldiers launched attacks on a key military airbase, the presidential palace and other sensitive sites in the capital, Niamey, in an attempted mutiny, authorities said.
asserted
authorities → launch → mutiny
Niger later accused France of orchestrating the offensive, which it denied.
asserted
it → accuse → which
Global Atomic has been exploring alternative routes to export uranium from the landlocked country due to the security risks, a source briefed on discussions said.
asserted
source → explore → discussions
One idea has been to invest in a route north through Algeria and across the Sahara Desert.
asserted
idea → invest → Desert
Algeria sent aircraft to Niger last month to help the government respond to the attempted coup, indicating strengthening ties between the neighbouring countries.
asserted
government → send → countries
Uranium was added to the US critical minerals list last year, prompting renewed interest in Niger’s reserves.
asserted
Uranium → add → reserves
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