The Republic of Benin has secured €500 million in international bank financing, supported by the African Development Fund, for priority investments in education, health, water access, infrastructure, renewable energy, agriculture, and job creation for young people and women. The transaction was completed on 18 September 2026 and follows the 17th replenishment of the African Development Fund, agreed in December 2025 as the largest in the Fund's history. It builds on the first financing concluded in 2023 with support from the Fund. The 12-year financing benefits from an innovative credit enhancement mechanism, including a partial credit guarantee.
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