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aerial view of a town in Benin

The EBRD starts investing in Benin in 2025

The EBRD’s private-sector focused, locally based business model will help unlock access to finance, promote local businesses and foster sustainable and long-term growth – contributing to the transformation of Benin’s economy.

 

Benin submitted its request to become a shareholder in July 2023, and the Board of Governors approved its membership in October 2023.

At the EBRD’s 2023 Annual Meeting in Samarkand, the Board of Governors approved an amendment to the Agreement Establishing the EBRD, enabling the Bank to operate in sub-Saharan Africa and Iraq.