Western Africa
AfDB Provides €80 Million Loan For Benin Port Expansion
A new container terminal is under construction.
![](/sites/default/files/styles/node_large_940x540/public/2023-07/53005912661_9b3500c6e3_c.jpg?itok=Jd0JpjY_)
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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