All the latest Economy news: updates, analysis, videos and live results.
Benin’s poultry sector reform takes a new step forward with the oversight mechanism of the Société de Développement des Fermes Avicoles S.A. (SDFA). Through decree no. 2025-539, President Patrice Talon appointed the statutory auditors of the Société de Développement des Fermes Avicoles S.A. (SDFA), a public instrument launched to modernize a sector considered crucial for […]
People wishing to benefit from the Alafia microcredit can now access loans of up to 200,000 FCFA. This increase was decided by the government at the Council of Ministers on Wednesday, September 24, 2025, as part of the imminent launch of the program’s third phase. According to the official report, “the government has indicated its […]
The Beninese government is issuing a call for expressions of interest for the development of private warehouses in Calavi, as part of the Grand Nokoué agri-food logistics platform and wholesale market project. The objective is to attract private investors to equip the area with modern storage facilities necessary to structure the national logistics chain. The […]
The African Development Bank (AfDB) has a new president. Mauritanian national Sidi Ould Tah officially took office this Monday in Abidjan, succeeding Nigerian Akinwumi Adesina for a five-year term. At 60 years old, Sidi Ould Tah was elected last May by a large majority of member states. A former Minister of Economy in Mauritania, he […]
Benin’s executive is projecting an ambitious budgetary path for the coming years. According to projections in the Multi-year Budgetary and Economic Programming Document (DPBEP), the wage bill-to-tax revenue ratio is expected to drop from 32.2% in 2025 to 30.9% in 2026, well below the 35% regional ceiling set by UEMOA. This performance reflects the government’s […]
The Beninese government is taking another step in its international economic influence strategy by organizing, on Thursday, August 28, 2025, the Benin Business Forum in Higashi-Osaka, Japan. This initiative aims to strengthen trade ties between Benin and Japan and position the country as a strategic investment destination in West Africa. According to the official statement, […]
The visit of a Russian delegation led by the Russian Minister of Energy, Sergey Tsivilev, to Burkina Faso concluded with an agreement to form an intergovernmental commission (IGC) to deepen bilateral cooperation. The negotiations focused on energy-related, trade, and joint health projects, the Russian Ministry of Energy said. “Not so long ago, our presidents met […]
The Central Bank of Ghana has decided to cut its key interest rate by three points in response to slowing inflation and the exit from a severe economic crisis, reports the information site Africanews. According to this media, the monetary policy committee adopted this reduction by a majority, dropping the rate from 28% to 25%, […]
This is a breath of fresh air for the Beninese agricultural sector. The African Development Bank (ADB) has just approved funding of $30.25 million, or more than 16.7 billion CFA francs, to support Benin’s efforts to protect its farmers against the increasing effects of climate change and food insecurity. This funding is part of a […]
The Benin government has declared a vast area of 983 hectares in Illara, in the commune of Kétou, as of public utility. This decision, taken at the Council of Ministers on Wednesday, July 23, 2025, marks the official launch of a Special Economic Zone (SEZ) at the eastern border of the country. According to the […]
In Benin, the council of ministers met this Wednesday, July 23, 2025. The following decisions have been made:
In an atmosphere described as relaxed and conducive to exchange, President Patrice Talon met on Friday with leaders of major companies operating in Benin. Held at the Marina Palace, this listening session aimed to gather their concerns and identify tangible action levers to bolster their contribution to national development. Through his introductory remarks, the head […]
Benin recorded an economic growth of 7.5% in 2024, its highest level since 1990, according to the latest Economic Outlook Report published by the World Bank on July 17, 2025. This remarkable performance is mainly attributed to the dynamism of the service and industry sectors, particularly thanks to the boom of the Industrial Zone of […]
The Public Market Regulation Authority (ARMP) made a firm decision on June 12, 2025: the immediate suspension of two public procurement officials in the municipality of Tori-Bossito for serious professional misconduct. The measure, contained in decision n°2025-079, follows a complaint lodged by the consortium BELMAG SARL / INNOV ENGINEERING CONSULTING, which was eliminated from several […]
After decades of French dominance in its uranium sector, Niger has reclaimed control of Somaïr and is shaking up the global geopolitical landscape. In the wake of the end of the Orano era, the country is now seeking new partners to leverage its strategic resource, all while tackling the challenge of skills transfer and mining […]
Once relegated to the realm of economic fiction, the idea of international oversight of French finances is becoming increasingly confirmed. The persistent deterioration of the public deficit, coupled with the ineffectiveness of adjustment measures, has several experts fearing a scenario where the International Monetary Fund (IMF) or the European Central Bank (ECB) would intervene to […]
Togo confirms its positive momentum on the WAEMU public securities market, with a new success recorded during its first outing in June 2025. The operation, conducted on June 5th, enabled the Togolese Treasury to raise 22 billion FCFA, exceeding the initial target of 20 billion FCFA. Investor confidence remains strong. The operation generated significant interest, […]
The first locally designed and operated onshore oil terminal has been commissioned in Nigeria. The loading of the first quantities of crude onto a tanker was carried out at the Otakikpo terminal, with a capacity of 360,000 barrels per day, reported The Nation newspaper. The site was built by the Nigerian company Green Energy International […]
At the end of his term as head of the Central Office for Combating Illicit Enrichment (OCLEI), Moumouni Guindo submitted the institution’s final report to the Malian authorities. A groundbreaking document that reviews eight years of anti-corruption efforts, marked by progress but also serious issues to address. Since its inception, the OCLEI has handled 63 […]
In Burkina Faso, an investigation conducted between 2020 and 2024 revealed a vast fraud system involving the embezzlement of about 34 million liters of subsidized fuel, with damage estimated at over 7 billion CFA francs for the State. This fraud specifically involves 13 industrial units (quarries, construction companies, production units), all found in violation after […]
