Benin-Niger Regional Transport Compact
On September 13, 2023, MCC’s Board of Directors voted to suspend MCC’s partnership with Niger.
In 2018, MCC’s board selected Benin and Niger as eligible to develop regional compacts to allow the countries to work together to reduce poverty and build inclusive, sustainable economic growth throughout their region. Strengthening regional trade is a top priority for the governments of Benin and Niger, and the Regional Transport Compact will advance this shared priority with a grant of $504 million: $202 million for Benin and $302 million for Niger, with an additional contribution of $15 million each from Benin and Niger.
The trade corridor between the port of Cotonou in Benin and the capital city of Niamey, Niger is one of the busiest crossings in West Africa, with up to 1,000 vehicles crossing per day, a high percentage of which are trucks carrying goods to market. Strengthening and rehabilitating this corridor will allow goods to flow faster and more efficiently through the Port of Cotonou, reaching additional markets in the region and beyond. The compact will include two projects: the Corridor Infrastructure Project and the Efficient Corridor Operations Project.
Financials
Compact Budget
Milestones
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Signed:
December 14, 2022
Compact Projects
As of September 13, 2023