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Page-Dsp: Benin will benefit from a Fad/Bad loan

28/12/2023
Source : ORISHAS FINANCE
Categories: Companies

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In order to help Benin implement its program to support economic governance and private sector development (Page-Dsp), the board of directors of the African Development Bank (AfDB) group should approve a loan ADF (African Development Fund) in the amount of UA 31.3 million, or about CFAF 25.5 billion

in the country.

The Fad/Bad loan will finance the first phase of the Economic Governance and Private Sector Development Support Programme (Page-Dsp I). This is the first intervention in a series of two operations constituting programmatic budget support. It covers the fiscal years of 2023 and 2024, with an indicative global financing envelope of 77.3 million UU. The Page-Dsp is inspired by the concerns of the private sector and women entrepreneurs in terms of development in

Benin.
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