Public Management

World Bank approves $100 mln for digital transformation in rural Benin

World Bank approves $100 mln for digital transformation in rural Benin
Thursday, 04 July 2019 18:02

The World Bank announces a new disbursement of $100 million to accelerate digital transformation in rural areas in the Republic of Benin.

The project is designed to make broadband internet and digital solutions more accessible in the focus areas. The institution said this will improve the efficiency of selected value-chains, ease financial inclusion and access to markets.

The digital rural program will consolidate the activity of more than 1.2 million small farmers who cultivate rice, corn, shea and vegetables through improved access to financial services and information. It will “contribute to increasing the productivity and competitiveness of two key growth sectors namely agriculture and ICT,” World Bank noted.

In addition, the project supports the rehabilitation of about 600 km of rural roads and maintenance of about 2,400 km within a 4-year period in the production areas covered.

Moutiou Adjibi Nourou

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Moniepoint acquires restaurant software platform Orda Africa Deal expands integrated services across payments, operations, analytics Targets...
Ghana’s stock market gained nearly 20% since late February, leading globally Bank stocks drove the rally, alongside oil-linked gains Stronger economic...
BOA Niger will not pay dividends for 2025 after profits fell 91.8% Earnings dropped sharply amid weaker income, higher costs, and a tough...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as residents. The move aims to capture diaspora...
Most Read
01

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
02

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
03

Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...

Namibia and Russia Expand Economic Cooperation Across Key Sectors
04

Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...

Cameroon Signs $1.5 Billion Waste-to-Energy MoUs Amid Urban Sanitation Strain
05

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.