African Development Fund Grants $60 Million Loan to Benin to Strengthen Its Economic Governance and Private Sector Development
The Board of Directors of the African Development Fund, the African Development Bank Group’s concessional window, approved on Thursday a loan of $60 million to the Republic of Benin to finance the second phase of the country’s Economic Governance and Private Sector Development Support Programme. The funding brings the total amount granted to Benin to over $100 million through programmatic budget support covering 2023 and 2024 fiscal years.
Source: African Development Bank Group (link opens in a new window)
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