Benin

Benin

Benin and the AfDB

Cooperation between the African Development Bank and Benin dates back to 1972. Financing provided by the Bank since that date amounts to UA 709 million, corresponding nearly to FCFA 550 billion, and covering several areas. The Bank’s investments in this country are as follows: transport, 27.8 per cent; agriculture, 26.3 per cent; multi-sector, 18.8 per cent; social sector, 15.8 per cent, electricity, water, sanitation and communication, 10.5 per cent; finance 0.5 per cent and industry 0.3 per cent.

Benin Economic Outlook

  • Growth, estimated at 5.2% in 2015 against 6.5% in 2014, dipped slightly due to a decline in cotton production and disruptions in the electricity supply.
  • Projected growth rates of 5.5% in 2016 and 5.7% in 2017 will depend on political and social developments, marked by the March 2016 presidential election.
  • With Benin’s cities expanding, sustainable urbanisation through regional development hubs will require new funding, notably from private sources.

Read more


Key Facts

Flag:
Capital: Porto Novo
Area: 112,620 sq km
Total Population 2015: 10.3 Million
Urban Population 2015: 46.22%
Female Population 2015: 50.17%
GDP: US$ 8.4 Billion
GNI Per Capita 2015: US$ 750
Inflation Rate: 2.60%
Crude Birth Rate (per 1000): 36.41%
Human Development Index (rank / 187): 166
Human Development Index (scale 0 to 1): 0.436
Membership Date: 10/09/1964
Cumulative Approvals (1967-2015): UA 708.0 Million

Show more facts



Activity




Resources



Contacts

Bureau de Liaison du Bénin

S/C PNUD
Rue des Dominicains Lot 111 – Zone Résidentielle
Cotonou, Bénin

Tél : (+229) 21313134 / 21313079

M. Daniel Ndoye, Economiste Pays Résident

Department West Africa Region

Mr. Franck Perrault, Director West Africa Region

African Development Bank Group
24ème  Etage, Immeuble  CCIA, Plateau
01 Boite Postale 1387 Abidjan 01
Côte d’Ivoire

Phone: (+225) 20 20 40 46