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Western Africa

AfDB Provides €80 Million Loan For Benin Port Expansion

A new container terminal is under construction.


By Liz Bains
The African Development Bank (AfDB) has approved a €80 million (US$88 million) loan to support a project to upgrade and expand the Port of Cotonou in Benin. The loan comprises €55 million from the AfDB, with a 15-year tenor and a five-year grace period, and €25 million from Africa Growing Together

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