The financial support is the fourth disbursement the World Bank is granting to Benin, this year, to support the implementation of its action plan.
The World Bank, through the International Development Association (IDA), has granted US$200 million in funding to the Beninese government to strengthen the resilience of some of the country's infrastructure. The support was announced on September 29, in a release published on its website.
The fund will help Benin minimize flooding risks in secondary cities by improving access to climate-resilient infrastructure. It is part of the vast Secondary Cities Rainwater Sanitation Program implemented by local authorities.
“This Program for Results (PforR) operation contributes to the Secondary Cities Rainwater Sanitation Program. It will help the beneficiary communes reduce flood risks and improve the residents’ living conditions by building resilient urban drainage infrastructure and using urban planning tools,” the release explains.
This disbursement, which supports the country's 2021-2026 action plan, aligns with the World Bank- Benin 2018-2023 Country Partnership Framework (CPF), which aims to help the country transform its economy.
It is the fourth financing disbursed by the World Bank to Benin this year. The previous ones were aimed at strengthening access to basic health services, access to drinking water in rural areas, and economic growth.
Jean-Marc Gogbeu
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and ex...
Moniepoint, Opay, Kuda, and others gain national status with tighter oversight A naira 5 billion ...
Touted as a tool of emancipation, blockchain was meant to give the Central African Republic a new fo...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...
Skechers will build a sports footwear factory in Algeria with local partner Tradifoot. The plant will start production at 300,000 pairs a year in 2027...
A civil society-led consortium plans to train 15,000 disadvantaged Nigerian youths through IBM SkillsBuild under the Reskilling Revolution Africa Phase...
Djibouti and Tunisia opened talks on a bilateral agreement covering vocational training, employment, and entrepreneurship. Djibouti aims to draw on...
Voltalia selected to build 132-MW Wadi solar plant in southeastern Tunisia Project lifts Voltalia’s Tunisia solar pipeline to nearly 400...
Manovo-Gounda-St Floris National Park is one of the largest protected areas in Central Africa. Located in the northeastern part of the Central African...
Streaming dominates music, reshaping royalties and artist income worldwide Sub-Saharan Africa grows fast, but payouts stay far lower Platform, region,...