Public Management

Benin: France to support the government action plan (PAG) with over €275 million

Tuesday, 06 March 2018 18:15

France will disburse over €275 million ($339.4 million) to support Benin government action plan (PAG). This was revealed yesterday March 5, by France’s president Emmanuel Macron during a press briefing.

 Following the visit of Benin’s President, Patrice Talon, to his French counterpart, five sectors have been selected to benefit from this funding. They are namely the health, climate change, tourism, education and culture sectors.

France will then disburse €175 million ($ 216.1 million) to build a hospital complex in Abomey-Calavi, €58 million ($ 71.6 million) to build sustainable cities as part of climate change adaptation. €43 million ($53 million) will also be directed to develop Ganvié lakeside city to enhance the tourism potential of the "Venice of Africa".

 The French Development Agency (AFD) should also grant €108 million ($133.3 million) to develop Cotonou and three other towns but the amount to be granted to education and training sector is not revealed yet.

For the record, France also planned to set a committee to consider the sensitive issue about the repatriation of the assets of Beninese and African cultural heritage, to their country of origin.

Moutiou Adjibi Nourou (intern)

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Client portfolio slipped 0.4% in Q3, but remains up 10.4% year to date Equity, deposits, and lending all posted solid growth Sector remains...
CCI-Togo plans a dedicated investment fund for start-ups from 2026 Digital, agro-industry, crafts, and services are among the target...
Togo’s outstanding debt on UMOA-Titres fell to CFA1,810.5 billion in 2025 The country raised CFA411 billion, down from 2024 levels Strategy...
BGFIBank Gabon accounted for 71.29% of all new bank credit in Gabon in the first quarter of 2025. No other bank operating in Gabon exceeded a 10%...
Most Read
01

Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...

Togo accounts for 16.2% of cross-border bank financing in WAEMU
02

Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...

Microfinance: Deposits in Togo Rise 2.7% in Second Quarter of 2025
03

Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...

Stripe-Owned Paystack Enters Nigerian Microfinance Banking Via Acquisition
04

Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...

Amazon wins approval to enter Nigeria’s satellite internet market
05

Tether partnered with the United Nations Office on Drugs and Crime to strengthen digital asset cyb...

Tether and UNODC Launch Digital Asset Cybersecurity Initiative in Africa
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.