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Event File FINTECH

EIB, BIIC Deploy €100 Million for Benin Farm Supply Chains

1 reports · First detected 2026-07-26 · Last active 2026-07-26

Agriculture is central to employment, food security and export earnings in Benin, but businesses across the sector often face limited access to long-term financing. The European Investment Bank, or EIB, and the International Bank for Industry and Commerce, known as BIIC, are seeking to narrow that funding gap, strengthen agricultural supply chains and support broader economic growth in the West African country.

As of July 26, 2026, EIB and BIIC have announced the deployment of €100 million in financing for companies operating across Benin’s agricultural supply chains. The funding is intended to help local businesses expand operations and reinforce supply-chain resilience. The information released so far does not specify each institution’s contribution, detailed lending terms or a full timetable for disbursement.

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