Sahel Security & Logistics: UNHCR warns Middle East conflict is disrupting humanitarian supply chains, delaying sea shipments and raising costs via higher insurance and fuel, just as aid funding pressure bites across Africa. Niger IMF Support: Niger is set to receive about $33m after a staff-level IMF deal on the ninth ECF review, with disbursement pending Executive Board approval. Niger Structured Finance: NAB Consulting says it completed a €250m structured finance facility for Niger, co-arranged with Coris Bank Niger and provided by Afreximbank, targeting agriculture, energy, healthcare, infrastructure and SME-led growth. Niger Basin Climate Programme: Niger Basin Authority push is underway to speed delivery of the Niger Basin climate programme, backed by AfDB, GCF, EU and German cooperation, with billions of FCFA allocated across member countries. Energy/Trade Corridor: Algeria has started its Trans-Saharan Gas Pipeline segment, reviving plans to move Nigerian gas through Niger to Europe via Hassi R’Mel. Markets & Investment: BRVM’s CEO urges global investors to increase exposure to West Africa’s fast-growing capital markets, highlighting Niger’s inclusion in the WAEMU exchange. Oil & Exploration: Niger’s petroleum minister says the country has 44 oil blocks, 35 open to investors, and targets stable production of 110,000 bpd. Policy & Rights: Niger enacted tougher penalties for same-sex intimacy and LGBTQ association activity, up to 20 years in prison.