Public Management

Benin Shuts Down River Trade Route to Niger

Benin Shuts Down River Trade Route to Niger
Friday, 24 May 2024 15:25

Benin has closed the river trade route to Niger, citing its use as a hub for informal trafficking between the two countries. President Patrice Talon had previously justified banning the export of Nigerien crude oil from Sèmè by highlighting the illicit activities along this route.

On May 22, local media reported that a contingent of security forces was deployed to enforce the closure of the river route, which had been an alternative exchange channel since the closure of land borders. This action effectively leaves the reopening of the Nigerien border as the only viable option for resuming cross-border trade for the local populations.

This development is the latest in a series of disputes between Benin and Niger since July 2023. Recently, Cotonou banned the export of Nigerien oil from the Sèmè port, where the transnational pipeline from the Agadem fields terminates. However, a Chinese-brokered mediation allowed the first shipment to proceed.

Despite the lifting of ECOWAS sanctions in April, Niger has kept barriers at its main border post with Benin, prompting Benin's current countermeasures. Niger's Prime Minister stated that the country would maintain the barriers as long as its security remains threatened

Niamey claims that the Kandi region in northern Benin hosts French military bases aiming to destabilize the military regime in power since July 2023. The Beninese government denies these accusations, though it maintains security cooperation agreements with France, similar to other African nations, to combat rising terrorism in the region.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
The BCC formalised a partnership with DRC Gold Trading SA for an artisanal gold acquisition programme, to build physical reserves and strengthen...
Cameroon inflation averages 3.1% in year to January 2026 Food prices up 6.6%, but fall 1.9% in January IMF sees inflation easing to 2.9% in...
Study finds nearly 80% of respondents in both markets already hold stablecoins Users cite faster, cheaper payments as digital dollars gain traction...
Kenya raised $2.25B via dual-tranche Eurobonds to buy back 2028/2032 debt, luring investors with yields of 8.1% and 8.95% to smooth...
Most Read
01

ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...

ECOWAS Eco Currency May Launch Without WAEMU in 2027 Push
02

South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...

Three Countries Drove 70% of Africa’s M&A Deal Value in 2025
03

Investigation targets alleged breaches of Nigeria’s 2023 data protection law Platform processes p...

Nigeria: Investigation on Chinese Owned Temu Regarding Privacy Breach Concerns for Local Users
04

Nigeria opened a formal investigation into Temu over alleged violations of its 2023 data protectio...

Nigeria Opens Data Privacy Probe Into Temu in Sovereignty Push
05

The main point of contention between Niamey and France’s Orano concerns the uranium stock extracted ...

Niger-France uranium dispute: How 156 tonnes became 156,000 in global reporting
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.