West Africa

Benin

Sovereign risk B+XOF
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Reformist West African economy leveraging Cotonou port and the GDIZ industrial zone at Glo-Djigbé for cashew, cotton and soy processing.

GDP
$17B
Currency
XOF
Risk
B+
Open now
0
PPP pipeline
0
Bankable
0
0 tenders

Economy · Économie

National colours
Live exchange rate
1 USD = XOF
1 EUR = XOF
Reference rateopen.er-api.com
Unemployment
1.7%
Human Development (HDI)
0.504Low
World rank #173 · UNDP 2023
Economic zones
ECOWASWAEMU (UEMOA)CFA franc zoneAUAfCFTA
Memberships & trade blocs for Benin
Public debt
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IMF program status

EFF/ECF + RSFActive
Benin — IMF engagement
IMF country page
Approved
Jul 2022
Envelope
SDR 484M (~$650M) + RSF $200M
Last review
8th review completed 2025

Strong track record; WAEMU convergence anchor.

Key sectors

Where deal flow is concentrated in Benin today.

No sector data yet.

Risk notes

Sovereign credit ratings
Long-term foreign-currency issuer ratings from the three major international agencies.
Bloomfield rating (regional scale)
African regional credit rating agency (WAEMU / CEMAC national scale).
Bloomfield
BBB
Stable · 2024
Long-term regional scale (WAEMU)
Politicalmedium

Stable transitions of power, standard election cycles.

Macro / FXmedium

Manageable inflation with occasional currency pressure.

Regulatorylow

Established procurement code and PPP framework.

Executionmedium

Delivery track record varies by sector and sponsor.

National strategic plans

Official strategic plans and reference documents — download directly from source.

Opportunities in Benin

0 live · $0.00Bn notional
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