Public Management

Germany backs development projects in Benin with $87 mln

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

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

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the BCEAO and ECOWAS financial systems. Ministers from...
Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables tap-to-pay on POS terminals for the first...
(UMOA-TITRES) - UMOA-Titres announces the organisation of the 8th edition of the Regional Public Securities Market Meetings (REMTP), to be held on 27–28...
The agreement focuses on trade finance and cross-border payments, including in renminbi It builds on a partnership between the two banks that began...
Most Read
01

Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility wil...

Egypt attracts Polish Fruitful investment in horticultural processing
02

Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...

Kenya targets UK market to boost mango exports
03

In Africa, the transformation of food systems has become an urgent issue in the face of rapid popula...

AGRA’s Lilial Githinji “Leadership capacity remains the missing ingredient in Africa’s food systems transformation”
04

Airtel Africa signed a partnership with SpaceX to launch Starlink Direct-to-Cell satellite connect...

Airtel Africa Partners With SpaceX to Roll Out Starlink Direct-to-Cell
05

Central bank launches project for real-time transfers across banks and mobile wallets System aims...

Guinea readies instant payment system to speed transactions and cut cash use
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.