AGP Executive Report
Last update: 3 hours agoUAE Trade Deal: Benin and the UAE have signed a Comprehensive Economic Partnership Agreement covering about 97% of current trade, with tariff cuts and easier market access once ratified. Bilateral non-oil trade reached $2.15 billion in 2025; the UAE projects its exports to Benin will rise by more than $1 billion by 2033, while Benin’s exports to the UAE could grow by over $100 million. Rural Enterprise: IFAD and Benin signed a $37.1 million, eight-year financing deal to train young people, support rural businesses and expand jobs in agriculture, aquaculture and poultry. The project aims to reach more than 360,000 people. Cotton Recovery: Benin has launched its new cotton campaign after output fell to 533,112 tonnes last season. Industry leaders are targeting 602,773 tonnes, while the government aims for at least 700,000. Local Products: A shopping challenge in Porto-Novo promoted Beninese goods, but traders raised concerns that locally made pasta costs more than imports from Nigeria.
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