AGP Executive Report
Last update: 4 hours agoDevelopment Finance: Benin signed €326 million in Islamic Development Bank financing for upgrades to the Godomey–Ouidah–Hillacondji road and an agricultural programme focused on legumes. The road investment aims to cut transport costs and improve trade along the Abidjan–Lagos corridor. Flooding: Rising Ouémé River waters have inundated homes, fields and roads in Adjohoun and Bonou, disrupting farming, trade and access to services. Cotonou Infrastructure: Japan has provided an additional 10.8 billion CFA francs for the second phase of the Vêdoko interchange, a project intended to ease traffic congestion. Energy and SMEs: Germany announced €15 million in support for solar energy and small businesses. Public Spending: Benin’s 2027 budget is set at 4.757 trillion CFA francs, with the government targeting 7.5% economic growth.
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