| Approval Date | 19 Oct 1972 |
| Signature Date | 24 Apr 1973 |
| Planned Completion Date | 31 Dec 1973 |
| Last Disbursement Planned Date | 31 Dec 1982 |
| Sovereign / Non-Sovereign | Sovereign |
| Sector | Agriculture and Rural Development |
| DAC Sector Code | 31140 |
| Commitment | U.A 3,390,369.57 |
| Status | Completion |
The two loans were used to finance the Ouémé valley development project, which was carried out in two phases. The ADB loan, amounting to UA 310,000, was used in the first phase for the development of the left bank of the Ouémé River, and the ADF loan, amounting to UA 3.5 million, was used to finance the second phase of the project located on the right bank.
The objective was to develop food production, particularly rice production, in the valley in order to reduce the country's cereal deficit and at the same time increase the income of farmers.
|
Implementing
GOUVERNEMENT DE LA REPUBLIQUE DU BENIN MINISTERE DES FINANCES
|
|
Funding
African Development Bank
|
|
Funding
African Development Fund
|
| IATI identifier | 46002-P-BJ-AAC-001 |
| Last Update | 25 Mar 2023 |