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.
- 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.
|Area:||112,620 sq km|
|Total Population 2017:||11.5 Million|
|Urban Population 2017:||73.50%|
|Female Population 2017:||49.70%|
|GDP:||US$ 10.4 Billion|
|GNI Per Capita 2015:||US$ 860|
|Crude Birth Rate (per 1000):||34.80%|
|Human Development Index (rank / 188):||167|
|Human Development Index (scale 0 to 1):||0.485|
|Cumulative Approvals (1967-2016):||UA 708.1 Million|
|P-GA-C00-001|| APPUI TECHNIQUE AU PROGRAMME NATIONAL D’EVALUATION ENVIRONNEMENTALE DES SITES INDUSTRIELS ET DES S ||ApprovedAPVD|
|P-MG-CZ0-002|| PROJET D’AMELIORATION DE L’EFFICACITE POUR LA REDUCTION DES RISQUES DE CATASTROPHES ||ApprovedAPVD|
- 15/06/2017 - AfDB and Export Trading Group (ETG) sign US$ 100 million non-sovereign guarantee corporate loan
- 08/06/2017 - AfDB approves €5 million equity investment to support small businesses in sub-Saharan Africa
- 31/05/2017 - AfDB promotes sustainable, resilient and healthy agro- and forest ecosystems with GEF
West Africa Region
Mr. M. Janvier LITSE, Director West Africa Region
African Development Bank Group
24ème Etage, Immeuble CCIA, Plateau
01 Boite Postale 1387 Abidjan 01
TEL. : (+225) 20 26 40 47