Benin

Benin Economic Outlook

  • Benin’s economy is slowly recovering after experiencing a difficult period in 2009 and 2010; growth is estimated to have reached 3.6% in 2012 and is projected to consolidate in 2013 and 2014.
  • To reach its growth targets, the country will have to step up reforms of the port of Cotonou as well as its efforts in the management of public finances, modernisation of the administration and improvement of the business climate to nurture development of the private sector.

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.

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





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Key Facts

Flag:
Capital: Porto Novo
Area: 112,620 sq km
Total Population 2012: 9.4 Million
Urban Population 2012: 42.96%
Female Population 2012: 50.62%
GDP: US$ 7.5 Billion
GNI Per Capita 2012: US$ 780
Inflation Rate: 6.70%
Crude Birth Rate (per 1000): 38.56%
Human Development Index (rank / 187): 166
Human Development Index (scale 0 to 1): 0.436
Membership Date: 10/09/1964
Cumulative Approvals (1967-2012): UA 624.8 Million

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