The $730 million framework at a glance
Benin and the Asian Infrastructure Investment Bank (AIIB) have agreed on an indicative $730 million portfolio for 2027-2028. The agreement, signed on September 24, will serve as a framework for identifying and preparing future investments in energy, transport, and climate resilience.
This amount does not represent fully approved or disbursed financing. The AIIB specifies that selected projects will still need to go through preparation, due diligence, and approval stages specific to each operation.
$250 Million tied to public policies
Of the $730 million envisaged, $250 million is expected to take the form of policy-based financing, aimed notably at supporting Benin’s Vision 2060. The portfolio may also mobilize AIIB instruments dedicated to energy, food security, economic resilience, and climate finance.
The agreement was signed by Rajat Misra, AIIB Director General for Public Sector Clients for Region 1, and Hugues Oscar Lokossou, Minister Delegate in charge of Mobilizing External Resources and Debt Management. AIIB President Zou Jiayi and Aristide Medenou, Minister of Economy and Finance in charge of Cooperation, attended the signing.
The first multi-year pipeline of its kind in Africa
The AIIB presents this arrangement as its first multi-year pipeline of this type in Africa. It builds on the deepening partnership with Cotonou in infrastructure financing.
This cooperation already rests on a major initial commitment in transport. In December 2025, the AIIB signed a $200 million loan for the Grand Nokoué Sustainable Urban Mobility Project, part of an approximately $500 million program co-financed with other partners.