AGP Executive Report
Last update: 11 hours agoPower Supply: Benin’s electricity company, SBEE, says reduced power imports from Nigeria are causing disruptions in some areas. It has mobilized domestic generation, but has given no timeline for a full return to normal. Agribusiness: Scientist Pamela Afokpe won the 2026 Borlaug Field Award for developing commercial opportunities in indigenous crops, work carried out at a research hub in Benin and aimed at benefiting smallholder farmers. Growth and Finance: The IMF expects Benin’s economy to grow 7% in 2026, putting it among sub-Saharan Africa’s fastest-growing economies. The country has also mobilized 249.5 billion CFA francs in financing. Trade and Local Products: Nigeria, Benin and Cameroon are working with Afreximbank to modernize border corridors and customs systems. In Cotonou, a market challenge is promoting locally made goods, as producers face supermarkets’ requirements. Fuel Reserves: The government says reserves cover three to six months of demand, while debate continues over supply and queues at pumps.
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