The Arab Bank for Economic Development in Africa (Badea) has released 60 billion CFA francs for the Hydro-agricultural development and equipment project for 12,000 ha of land. The funding agreement came during the 2nd Arab-African Forum for Trade and Development held in Cairo, Egypt in December 2021.

The project should contribute to the sustainable revival of economic and social development in Benin. Indeed, the executive wants to make the agricultural sector a dynamic sector by 2025, competitive, attractive, resilient to climate change and creator of wealth, responding equitably to the needs of food and nutritional security and economic and social development. of all layers of the Beninese population. For the President of the Republic's representative, Zul Kifl Salami underlines that this envelope of 60 billion is only a first step for Badea.