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
Net profit jumped to $376 million as revenue rose 25.8% to $2.98 billion. Data overtook voice as the top revenue source, up 37%...
Moniepoint shows that building financial infrastructure, not chasing app users, can attract serious long-term investors like Swedfund. Nigeria’s...
Ecobank posted a net profit of $454.5 million, up 34% year-on-year. Revenue rose 18% to $1.75 billion, driven by growth in all business...
Nigeria's Federal Inland Revenue Service (FIRS) imposed a new 10% withholding tax (WHT) on interest from short-term financial securities. The...
Most Read
01

Sonatel is a major telecom company in West Africa that investors trust, offering steady growth and...

Sonatel Stock Nearly 19% Rise Over the Year, Signals Undervalued Telecom Giant Poised for Further Growth
02

Cameroon's Constitutional Council declared Paul Biya the winner of the presidential election, secu...

Presidential Elections: Paul Biya Declared Winner in Cameroon, Alassane Ouattara Favorite in Ivory Coast
03

Wave launches Wave Bank Africa in Côte d'Ivoire with $32M capital Move follows €117M fu...

Wave Launches Commercial Bank in Côte d’Ivoire
04

ECOWAS will integrate AI into its early warning systems to strengthen crime prevention and intelli...

ECOWAS Deploys Artificial Intelligence to Combat Organized Crime
05

NGE wins two contracts for sanitation, coastal protection in Senegal Projects target Dakar’s Hann...

Senegal Selects French Group NGE for Two Environmental and Heritage Projects
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.