Public Management

Benin reaches security deal with Japan to tackle terrorist threat

Benin reaches security deal with Japan to tackle terrorist threat
Friday, 27 October 2023 19:52

Although less affected than its neighbors, Benin has also been facing an upsurge in terrorist attacks in its northern part since 2021.

Benin's Minister of Economy and Finance, Romuald Wadagni, reached a deal last October 24 with the Chargé d'Affaires a.i. of the Japanese Embassy in Benin, Motonobu Ichijo. The agreement is aimed at financing Benin's "Economic and Social Development Program". It will contribute to strengthening the country’s security system as part of the fight against terrorism.

Specifically, Japan will provide the West African country with rolling stock and emergency equipment, for about CFA1.6 billion ($2.6 million), according to a press release from the japan Embassy. The deal "falls within the framework of Japan's non-refundable grant, the objective of which is to support the Government of Benin in further strengthening the operational capacities of Republican Police units and services in charge of civil protection, in the fight against terrorism in Benin", the press release explained.

The agreement comes at a time when terrorism is tightening its grip on Benin, which has had to deal with this new reality since 2021. Although on a smaller scale than the violence suffered by its neighbors, the threat remains persistent, especially against the backdrop of the Sahel's fragility.

Endogenous factors such as the illegal trade in adulterated fuel, commonly known as "Kpayo", are, according to experts, a source of funding for the armed terrorist groups operating in the north of the country. At the same time, the departure of foreign military forces deployed as part of the fight against terrorism, driven out by the juntas that have conquered power in the Sahel region, could lead to an upsurge in attacks.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Access Holdings to seek shareholder approval for ₦40B private placement on Dec 18 Deal aims to boost capital base amid new CBN recapitalization rules...
REGIDESO and Singapore-based EFGH signed a service framework agreement to digitalize revenue collection nationwide. The partnership will develop secure...
Cameroon prioritizes external debt to protect credit standing, delays local payments Domestic repayments to worsen in 2026 as IMF loan payback...
Government seeks CFA3104.2 billion in fresh financing for 2026 Funding need rises by CFA777.7 billion compared with last year Debt risk...
Most Read
01

S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...

S&P Raises Zambia’s Foreign-Currency Rating to CCC+
02

Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...

Tanzania’s Mobile Money Goes Global: Vodacom Partners with Visa, Alipay, and MTN
03

Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...

Anthropic Partners with Rwanda, ALX to Deploy Claude-Powered AI Learning Companion Across Africa
04

Government, ESCWA, and experts meet to shape national framework Plan aims to fight corruption, c...

Mauritania Advances Blockchain Policy to Modernize Digital Public Services
05

CBE raised $200 million in senior debt as a second tranche arranged by Standard Bank New fun...

CrossBoundary Energy secures $200mln for African expansion
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.