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Benin

Benin and the AfDB

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.

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Benin Economic Outlook

Economic growth in Benin remains robust (estimated at 6.7% in 2019), thanks in part to an increase in public investment from 21% of GDP in 2016 to 29.6% in 2019. On the supply side, growth is due to the performance of the agricultural sector led by cotton, whose production rose from 269,222 tons in 2016 to 726,831 in 2019; the vitality of the construction industry; and the dynamism of the port of Cotonou.

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Key Facts

Flag:
Capital: Porto Novo
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
Inflation Rate: 2.12%
Crude Birth Rate (per 1000): 34.80%
Human Development Index (rank / 188): 167
Human Development Index (scale 0 to 1): 0.485
Membership Date: 10/09/1964
Cumulative Approvals (1967-2016):

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Benin Country Office

Immeuble DIBOUSSE
3ème Etage, Aile Gauche
Boulevard de la Marina
Cotonou – BENIN
Tél : 00 229 90 30 40 42 (Standard) - 00 229 69 38 26 89 (CM)
Email : j.andrianarisata@afdb.org / e.martin-correa@afdb.org

Mr John Andrianarisata, Country Manager

West Africa Region

Mrs Marie-Laure Akin-Olugbade, Director General

African Development Bank Group
24ème Etage, Immeuble CCIA, Plateau
01 Boite Postale 1387 Abidjan 01
Côte d’Ivoire

TEL. : (+225) 20 26 40 47