The International Finance Corporation (IFC) is strengthening and amplifying its commitment as a key player in private sector development in Benin, in line with the government's priorities and the findings of the Private Sector Diagnostic (PSD) published in 2023. With this in mind, IFC intends to contribute to the expansion and industrialization of Benin's economy through an integrated approach focused on: (i) infrastructure development, particularly in the energy, transport and logistics, industrial zones, housing and digital sectors; (ii) promoting access to finance, in particular for local SMEs through financial intermediaries; and (iii) stimulating high-demonstration investments, including with local champions, in agricultural processing, manufacturing, tourism, cultural and creative industries, and retail.
Following the private sector diagnosis, IFC launched a study in 2024 on the integration of value chains between Benin and Nigeria, in order to identify investment opportunities and take advantage of the economic potential offered by neighboring Nigeria. The institution also provides advisory support in the development of creative industries, tourism, as well as logistics and digital infrastructure.