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Germany backs development projects in Benin with $87 mln

Monday, 14 October 2019 19:21
Germany backs development projects in Benin with $87 mln

(Ecofin Agency) - The Republic of Benin is benefiting from $87.4 million provided by Germany to finance development projects, the beneficiary country’s Ministry of Foreign Affairs announced in a statement last week.

The money will go for clean water and sanitation, agriculture, and good governance programs. On the good governance aspect, projects will focus on better public finance management and increased support for digitization areas at the national and local levels. According to the government, all projects are part of the Government Program of Action, Agenda 2030 and align with the Sustainable Development Goals (SDGs).

Authorities said the construction of a digital transformation center in Benin, in collaboration with Germany, is also under negotiation. With $1.19 billion in financing granted to the West African country since the beginning of their bilateral cooperation, Germany is the second most active technical and financial partner in Benin.

Moutiou Adjibi Nourou

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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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