AGP Executive Report
Last update: 11 hours agoDevelopment Finance: Benin and the Islamic Development Bank signed financing agreements for a €576.06 million road upgrade on the Abidjan–Lagos corridor and a €20.7 million climate-resilient farming project. IsDB financing totals €326.06 million. Flood Impact: Rising Ouémé River waters have submerged farmland and disrupted travel in parts of Adjohoun, slowing local economic activity; classes have also been suspended at a school in Dannou. Cotonou Infrastructure: Japan added a 10.8 billion FCFA grant for phase two of the Vêdoko interchange, bringing announced project funding to 26.228 billion FCFA for an overpass, roadworks and drainage. Energy and SMEs: Germany announced an additional €15 million for a solar component at Nangbéto, SME advisory support and women entrepreneurs.
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