AGP Executive Report
Last update: 6 minutes agoCommercial Justice Upgrade: Benin’s Commercial Court in Cotonou has set up a dedicated Chamber for International Commercial Disputes, with hearings twice monthly and electronic filing—aimed at cases involving foreign companies and recognition of arbitration awards. Consumer Protection: ANM inspectors removed non-compliant gas bottles in Kandi and Malanville after checks found weights didn’t match displayed standards, with penalties for operators and more unannounced follow-ups. Tourism Push: Benin is preparing a major tourism financing drive—about 600 billion FCFA by 2027—to tackle infrastructure, museography, site upgrades and hospitality capacity, targeting tourism to reach 13% of GDP by 2030 after a World Economic Forum ranking of 19th in Africa. Sustainable Finance Pipeline: Benin and the AIIB agreed an indicative $730m pipeline for 2027–2028 focused on energy, transport and climate resilience, with $250m expected as policy-based financing linked to Benin Vision 2060. Regional Business Context: Attijariwafa Bank is set to expand in West Africa by acquiring 55.22% of Société Générale Ghana, taking over activities, customers and staff pending approvals.
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