(Ecofin Agency) - Yesterday March 28, at the end of a ministerial council, the Benin government announced that it would subsidize agricultural inputs for the 2018-19 campaign which will begin on April 19.
This financial aid will target producers active in palm oil, pineapple, citrus fruits and garden products sectors.
Those producers will receive 12, 596 tons of potassium fertilizer (potassium chloride and potassium sulfate) at a 50% discount (CFA6, 000 per 50 kg).
Let’s note that the government’s main orientations as far as the agricultural sector is concerned are the creation of 7 agricultural development poles and the promotion of 6 important agricultural sectors such as cassava, cashew, market gardening, pineapple, cotton and corn.
For the record, the agricultural sector contributes to 23% of Benin's GDP.
Espoir Olodo
The African Development Bank has approved a $304 million loan to Botswana to support the southe...
BRVM and Africa50 signed a deal to create new infrastructure financing tools The plan inclu...
The Economic Community of West African States (ECOWAS) parliamentarians met in Lomé from May 6 to 9,...
Nigeria’s audit industry grew 65% in 2024, reaching 28.2 billion naira ($14.4 million). KPMG, EY,...
Africa’s digital economy is growing rapidly, and the demand for data storage, processing power, and ...
• Chad is home to one of the world’s largest shea tree reserves, with up to 82 million trees.• The country could produce up to 800,000 tons of shea nuts...
• The ICJ granted Equatorial Guinea sovereignty over three disputed islands in the Gulf of Guinea.• The ruling opens access to potentially oil-rich waters...
• Jean Bamanisa says Kinshasa needs 3,500 km of roads rebuilt at a cost of over $10 billion.• He warns that without urgent investment, the city...
• Uganda’s telecom industry has launched a joint anti-vandalism initiative led by UCC.• Over 820 cable vandalism incidents and widespread service...
Marojejy National Park, located in northeastern Madagascar, is one of the island’s most pristine and spectacular natural treasures. Nestled in the Sava...
Located about 3 km (1.8 miles) off the coast of Dakar, Senegal’s capital, Gorée Island is one of the most emblematic historical sites in West Africa....