Benin and World Bank forge 10-year alliance to drive job growth and human capital development
A groundbreaking decade-long collaboration between Benin and the World Bank kicked off in Cotonou this past July, marking a new chapter in the country’s economic journey. The launch event drew high-level participation from government officials, diplomatic envoys, and key development partners.
The newly signed Country Partnership Framework (CPF) for 2026–2036 is designed to align with Benin’s national development blueprint, focusing on three critical pillars: strengthening human capital through improved nutrition, healthcare, and skills training; expanding access to vital infrastructure; and accelerating private-sector-led economic growth. This strategic plan also embeds resilience-building measures under the National Prevention and Resilience Program to bolster social stability.
Anna Bjerde, the World Bank’s Managing Director for Operations, praised the vision outlined by Benin’s leadership, particularly President Romuald Wadagni’s transformative Alafia Bénin 2060 strategy. She emphasized that the partnership will translate these high ambitions into tangible outcomes, especially for young people and entrepreneurs, by investing in human capital and productive infrastructure—key drivers of sustainable, job-creating growth.
Bjerde reaffirmed the World Bank’s commitment to supporting Benin’s efforts to enhance economic competitiveness and elevate living standards across the nation.
For his part, Aristide Medenou, Benin’s Minister of Economy, Finance, and Cooperation, highlighted how the CPF seamlessly integrates with national priorities in agriculture, private-sector expansion, and youth employment.
Government officials describe the CPF as a catalyst for accelerating socio-economic transformation, deepening resilience, and unlocking opportunities for future generations.
