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Benin

INVESTMENT
OPPORTUNITIES IN
Benin

About Benin

Population
13.7 Mn

GDP Growth
6.3%

Area
114,763 km²

Capital
PortoNovo

Currency
West African CFA Franc (XOF)

 

Seeking high-growth markets in West Africa? Look no further than Benin! This stable democracy offers a gateway to a booming $400 billion regional market, boasting a skilled workforce and business-friendly policies. Benin's true strength lies in its strategic location bordering Nigeria, a market of over 200 million, and its modern port facilitating trade. Beyond its location, 80% of Benin's population fuels a $10 billion agricultural sector ripe for value addition, while untapped mineral reserves and a rising domestic market with a projected disposable income exceeding $1,000 by 2030 unlock exciting opportunities. Don't miss out – invest in Benin's future and be part of a high-growth economy with immense potential!

Area
114,763 km²

Capital
PortoNovo

Population
13.7 Mn

Currency
West African CFA Franc (XOF)

GDP Growth
6.3%

Benin investment SECTORS

Textiles

Textiles

Market Size

$1.0 Tn

CAGR

3-4%

Forecast

$1.3 Tn

Africa boasts a vibrant fashion scene with a growing demand for textiles. Invest in weaving the fabric of Africa's future fashion trends! From traditional textiles to modern designs, fuel Africa's dynamic fashion industry.

Agro Processing

Agro Processing

Market Size

$4.59 Tn

CAGR

3.76%

Forecast

$5.52 Tn

Africa's growing population & rising incomes fuel demand for processed foods. Invest in unlocking the potential of Africa's vast agricultural resources! From farm-to-fork solutions to innovative food production, be part of the force feeding a continent.

Waste Recycling

Waste Recycling

Market Size

$750 Bn

CAGR

7-9%

Forecast

$1.5 Tn

Africa embraces sustainability. Invest in turning waste into resources for a greener future! Be part of the solution for innovative waste management and recycling initiatives across the continent.

Construction Materials

Construction Materials

Market Size

3.8 Tn

CAGR

5-7%

Forecast

6.2 Tn

Africa's infrastructure & real estate sectors are experiencing explosive growth, demanding high-quality construction materials. Invest in building a solid future for Africa! Be part of the companies shaping Africa's skylines.

Pharmaceuticals

Pharmaceuticals

Market Size

$1,500 Bn

CAGR

3-5%

Forecast

$1,900 Bn

A booming African population with increasing healthcare spending creates a dynamic pharmaceutical market. Invest in providing essential medicines and healthcare solutions! Be part of the answer to Africa's growing healthcare needs.
Benin investment opportunities
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Cassava

Cassava

Market Size

$175.9 Bn

CAGR

4.18%

Forecast

$254.28 Bn

Cassava boasts a high yield per hectare, making it a productive crop for businesses aiming to maximize output.
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Cotton

Cotton

Market Size

$6.06 Bn

CAGR

4.91%

Forecast

$7.70 Bn

African cotton is known for its long, strong fibers, making it ideal for producing high-quality textiles. Moreover, Africa has a vast amount of underutilized land suitable for cotton production, offering significant room for expansion.
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Pineapple

Pineapple

Market Size

$28.79 Bn

CAGR

6.33%

Forecast

$39.13 Bn

Pineapple- this tropical fruit, loved for its sweet and tangy flavour, thrives in Africa's warm climate. The continent is a major producer of pineapple, and the market is expanding.
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Soya Bean

Soya Bean

Market Size

$155 Bn

CAGR

6%

Forecast

$278 Bn

Soya beans are processed for their oil and fodder (for the animal feed industry). A smaller percentage is processed for human consumption and transformed into products like soy milk, soy flour, soy protein, tofu and other retail food products.
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Fruit Processing

Fruit Processing

Market Size

$500 Bn

CAGR

3-5%

Forecast

$720 Bn

Africa's diverse fruits hold immense potential for processing. Invest in creating high-value products like fruit juices, jams, dried fruits, and biofuels, tapping into a global market worth billions and reducing post-harvest losses.
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Shea Processing

Shea Processing

Market Size

$1.5 Bn

CAGR

7-9%

Forecast

$3 Bn

Beyond shea butter, Africa's shea nut holds hidden riches. Invest in processing & unlock high-value products! Fuel a growing cosmetics market & empower women in the value chain.
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Cashew

Cashew

Market Size

$7.82 Bn

CAGR

3.31%

Forecast

$9.20 Bn

Africa, the cashew king, exports most raw nuts. Invest in processing & capture billions lost! Create jobs, boost value & tap into rising global cashew demand.
Benin
Investment Zones

WHY invest in Benin

 

Market Access:

  • Gateway to West Africa: Borders Nigeria, a market of over 200 million, and boasts a modern port handling over 8 million tons of cargo annually (World Bank).
  • Regional Market Size: Access to the wider West African market, valued at $400 billion (World Bank).

 

Human Capital:

  • Skilled Workforce: 80% of the population is employed in agriculture, offering a readily available workforce for agribusiness ventures. (World Bank)

Resource Wealth:

  • Thriving Agriculture: $10 billion agricultural sector (USDA) with potential for value addition in crops like cotton, cashew nuts, and cassava.
  • Untapped Minerals: Proven reserves of gold, iron ore, and limestone present exciting exploration opportunities.

 

Government Incentives:

  • Tax Breaks: Attractive tax incentives for foreign investors in priority sectors.
  • Simplified Procedures: Streamlined business registration and operation processes.

 

Economic Diversification:

  • Ecotourism Potential: Diverse wildlife and protected areas like Pendjari National Park position Benin for future ecotourism development.
  • Rising Domestic Market: Growing middle class with a projected disposable income exceeding $1,000 by 2030 (IMF) creates significant domestic demand.

 

Business Stability:

  • Political Stability: Ranked 2nd in West Africa for political stability by the Ibrahim Index of African Governance (2022).
  • Ease of Doing Business: Ranked 140th globally by the World Bank (2024), with ongoing reforms to improve the business environment.

Connectivity

4 sea ports

4 sea ports

6 airports

6 airports

Road infrastructure for smooth transports

Road infrastructure for smooth transports

Our clients

PIA-Togo-Star Garment - A Komar Company Vivace Group - Donsen Alu ZIC-JG Group - Five Element Industry Limited ZIC-Sonata Agri International Ltd PIA Togo SPER PIA Togo Huasha Company PIA Togo Nutrisource PIA Togo Odil Logo PIA Togo R-Logistic PIA Togo Star Garments PIA Togo Van Vliet Automotive Togo Wood Industries & Log Yard Rwanda-Afroturk Rwanda-Almaha Industry Rwanda-Enviroserve Rwanda-Mahwi Grain Rwanda-MaterialBankRwanda Rwanda-MingYang Papers Rwanda-OCP AFRICA Togo Organics Togo Soja PIA Togo Vivace Group
GSEZ-Century Ply PIA-Togo-Spiro PIA Togo BB logo PIA Togo- Calafi PIA Togo- Cameg PIA CMDT PIA General & Dop Cosmetics PIA General & DOP Industrie PIA ST2A PIC Sequoia ROC- STB Congo ROC- X Oil PIA-Togo-Nutrisource PTE DRC_PIA-plus-Rwanda-Togo-FHC Medica GSEZ-Chanta GSEZ-Green Ply GSEZ-GWI - Gabon Wood Industries GSEZ-L7H LIFE RESOURCES GSEZ-Somivab PIA-Togo-Atime SA PIA-Togo-Ba & Be Consortium (Bawason) PIA-Togo-Brilliant Industry Togo PIA-Togo-Castel Groupe PIA-Togo-Dongaco Togo SA PIA-Togo-JCEM Groupe GSEZ JI ming Waste Recycling

Visions & testimonials

Denis Sassou N’Guesso
President of Republic of Congo

Denis Sassou N’Guesso

The 2021-2026 Social project of the Republic of Congo is focused on the industrialization of the country. The implementation of this ambitious plan – to structurally transform our economy – is based on the development of four existing special economic zones (SEZs), including: Pointe-Noire, Brazzavi...

Denis Christel Sassou Nguesso
Minister for International Cooperation & PPPs

Denis Christel Sassou Nguesso

At the dawn of the opening of the continental free trade zone, our country located in the heart of Africa must be a strategic hub for production, processing and distribution. It is in this perspective that the government of the Republic of Congo has decided to trust the ARISE group to ensure the dev...

Jean-Marc Thystere Tchicaya
Minister of SEZs & Economic Diversification

Jean-Marc Thystere Tchicaya

We welcome the partnership with the Arise IIP Group which, through the Industrial Platforms of Congo Pointe-Noire (PICP), is working hard to, in particular, make the Special Economic Zone of Pointe-Noire operational which, on relying on sectors with high growth potential, will become the driving for...

Julien Paluku
Minister of Industry of the DRC

Julien Paluku

Julien Paluku, Minister of Industry of the Democratic Republic of Congo, stated that the vision of a “New Congo,” as envisioned by H.E. Félix-Antoine TSHISEKEDI, is achievable through the establishment of competitive ecosystems and robust economic platforms. The creation of Special Economic Zones (...

Patrice Talon
President of the Republic of Benin

Patrice Talon

We have adopted a law to promote Special Economic Zones and the first Industrial Zone in Glo-Djigbé is fully operational and already welcoming investors. Benin's ambition is to become an industrial hub for the transformation of agricultural products such as cashew, cotton, shea butter, pineapple, s...

Gaston Dossouhoui
Minister-Agriculture, Livestock & Fisheries

Gaston Dossouhoui

Benin is entering an important phase in its history, that of going far with serious project leaders who will process raw materials and create jobs for young Beninese. These factories remain a safe destination for our raw materials and a prerequisite for increasing our agricultural production.

Michael Derus
Ambassador of Germany to Benin

Michael Derus

It’s truIy impressive ! I was very pleased to return to GDIZ. My last visit was less than a year ago and I’m very impressed by the swift development I have seen, particularly in the Garment Training Center (GTC). The Zone has a great potential for international development.

Dr Akinwumi Adesina
President of African Development Bank (AFDB)

Dr Akinwumi Adesina

I am impressed by the scope of Glo-Djigbé Industrial Zone (GDIZ). It will contribute to the industrialization of Benin by promoting the local transformation of Benin’s natural resources (cotton, cashew nuts, pineapples and others) and the creation of jobs for Benin’s youth. Congratulations to the Pr...

Arnaud Floris
Coordinator Africa- BPI France

Arnaud Floris

Glo-Djigbé Industrial Zone (GDIZ) reflects Benin's boldness and innovation: an inspiration for African countries with its immense potential for industrial development. We are committed to support, co-finance and co-invest in agribusiness projects, as a demonstration of our faith in Benin's vision an...

Joseph Owondault Berre
Vice-President of the Gabonese

Joseph Owondault Berre

Everything is in place within the Nkok SIZ to foster high-quality projects and achievements. This Zone is a tool for promoting Gabon's expertise. It was a truly memorable visit.

Evariste Ndayisimiye
President of the Republic of Burundi

Evariste Ndayisimiye

GSEZ is an example in the transformation of natural resources.

Raymond Ndong Sima
Prime Minister, Head of Government- Gabonese

Raymond Ndong Sima

Together, let's build our future by increasing our production capacity and exploring innovative avenues to maintain our position of choice on the international market.

Latest Insights
Vice-President of Benin Republic Visit Textile and Cashew units at GDIZ Benin

June 6, 2024

Vice-President of Benin Republic Visit Textile and Cashew units at GDIZ Benin

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Nigeria and Benin remove import restrictions on 43 Products

June 6, 2024

Nigeria and Benin remove import restrictions on 43 Products

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Empowering Packaging Innovation in Benin

Aug. 9, 2024

Empowering Packaging Innovation in Benin

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Invest In Benin Now

Sept. 19, 2024

Invest In Benin Now

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