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
World Bank opens first resident representation in Malabo, led by economist Juan Diego Alonso. Mandate focuses on inclusive growth, private-sector...
Nearly half of spending directed to social programs amid growth, financing pressures Lawmakers debate sustainability and external financing as...
The Central Bank reduces its policy rate to 9%, marking a ninth consecutive cut. Inflation remains contained at 4.5%, within the 2.5%–7.5% target...
Africa’s factoring volume rose from €21.6 billion in 2017 to €50 billion ($58.17 billion) in 2024. Afreximbank says the continent must...
Most Read
01

Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...

Cameroon: State Owned Telecommunication Company To Enter Mobile Money Market
02

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration
03

Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...

Malawi: New $100M Cement Plant Targets Forex Crisis but Faces Energy Reality
04

Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...

Nigeria Pursues Boeing, Cranfield Partnership to Establish Aircraft Maintenance Center
05

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West 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.