Economy

As part of strengthening economic relations between Benin and Nigeria, an important high-level Nigerian delegation is undertaking an official visit to Benin. Led by the Vice President of Nigeria, this mission includes the governors of Kwara, Imo, Jigawa, Plateau, Katsina, and Zamfara, along with the Minister of Agriculture and Food Security and several senior officials […]

A new major financial envelope will support agricultural development in Benin. The European Investment Bank (EIB) and the International Bank for Industry and Commerce (IBIC) have formalized an agreement providing for the injection of 100 million euros (around 114 million dollars) into the national economy. This partnership is directly part of the Global Gateway strategy […]

Ghana is preparing a memorandum of understanding with Benin to supply cotton to the Volta Star Textiles factory in Juapong, which Ghanaian authorities want to reactivate. The project is still in the preparatory stage, and no volume or delivery schedule has been announced. Ghanaian President John Dramani Mahama stated on July 16 in Juapong that […]

Logistics and customs clearance stakeholders in Benin need to quickly review their practices. Starting from Saturday, August 1, 2026, new strict documentary requirements will govern the removal of used goods at the Port of Cotonou. This measure, formalized by a circular note dated July 6, 2026, and signed by the Customs Receiver of Cotonou-Port, Issa […]

The Dangote refinery has started pricing its products for the Nigerian market in dollars. The reason: the insufficient crude obtained under the “naira for crude” mechanism, which forces the group to import part of its supplies. This is a development to closely monitor across West Africa. The Dangote refinery no longer sets its exit prices […]

Côte d’Ivoire and Ghana, already engaged in coordinating their cocoa policies, are looking to involve Nigeria and Cameroon in a common approach. The goal: to better defend the income of African producers against the fluctuations of the global market. African cocoa is back at the center of an economic battle. A summit dedicated to creating […]

Togo is on the path to creating a Deposit and Consignment Fund. Meeting on Wednesday, July 8, 2026, in Lomé, the Council of Ministers adopted a bill concerning the creation, missions, organization, and functioning of this future public institution. The bill was examined and adopted under the presidency of Faure Essozimna Gnassingbé, President of the […]

The Senegalese government has decided to suspend, for a month, the issuance of Food Import Declarations for rice. This measure aims to facilitate the sale of local rice stocks, estimated at 37,000 tons, and to support a sector facing significant marketing difficulties. Senegal is temporarily tightening its rice import policy. Meeting on Wednesday, July 8, […]

A strategic working session recently brought together the teams from MCA-Benin Regional and the Communication Directorate of the Presidency of the Republic according to information from LaMarina.bj. The stakes of the meeting are high: to lay the groundwork for a coherent institutional narrative around a vast road infrastructure program that is set to mobilize more […]

The Congolese government adopted a revised finance bill for the fiscal year 2026. Meeting in the Council of Ministers on Tuesday, June 30 in Oyo, under the presidency of Denis Sassou-N’Guesso, the executive approved a budgetary collective that raises the State’s revenue and expenditure forecasts. In this new project, the budgetary expenditures are set at […]

In Togo, rail transport is returning to the heart of the national logistics strategy. Long marginalized in favor of road transport, the railway must once again become a lever of competitiveness for the country, particularly around the Autonomous Port of Lomé and the Adétikopé Industrial Platform. With a funding of 200 million dollars approved by […]

Long awaited and announced for a long time, the Dry Port of Parakou has now entered its operational phase. On Tuesday, June 23, 2026, the first container loading operations were launched on this strategic logistics platform, designed to relieve the Autonomous Port of Cotonou and bring port services closer to operators in northern Benin and […]

The Council of Ministers on Wednesday, July 1, 2026, approved a significant reduction in fees applicable to merchant spaces across the country. This financial relief measure will officially take effect at the end of July 2026. It applies to urban and regional markets, as well as the major commercial hubs of Tokpa Yôyô and Tokpa […]

The President of the Republic, Romuald Wadagni, explained the motivations behind the government’s decision to reduce the monthly fees applied in the country’s modern markets. In a post shared on his official Facebook page, the head of state indicated that this measure addresses a recurring concern expressed by traders during the recent electoral campaign. According […]

INStaD has finalized the rebasing of the national accounts of Benin with 2023 as the new reference year, replacing the 2015 base. This statistical operation re-evaluates the 2023 GDP at 14,020.2 billion CFA Francs, representing an increase of 25.2%, reflecting a better consideration of the recent transformations of the Beninese economy. The National Institute of […]

It went almost unnoticed amid the flow of social announcements that dominated discussions in the National Assembly on Friday. However, among the fiscal measures of the revised finance law for 2026 adopted unanimously, one of them could radically change the rules of the game for thousands of Beninese businesses: the taxation of undistributed distributable profits. […]

Ekoué Djro Glokpor has officially taken the lead of the National Directorate of the BCEAO for Togo during the second ordinary session of the National Credit Council held on June 18, 2026, in Lomé. This installation took place in a context marked by contrasting signals from the financial sector, between the progression of banking digitalization, […]