Benin: CFA 100 Billion for Industry, What Wadagni Is Preparing for Businesses

At the November 4, 2026 Council of Ministers meeting chaired by Romuald Wadagni, Benin’s government approved the creation of a CFA 100 billion Industrial Development Fund. It will operate through three channels: long-term equity and quasi-equity investment, guarantees to ease access to credit and equipment, and turnkey factories in regional development hubs. The initiative builds on the country’s industrial strategy launched in 2016, including the Glo-Djigbé industrial zone and regional hubs. The government also aims to process all of its cotton production locally and raise exports to nearly $6 billion by 2030.