Bénin and World Bank launch decade-long plan for jobs and human capital
A landmark partnership between Bénin and the World Bank Group (WBG) officially kicked off in Cotonou last Friday, July 17, with the unveiling of a new Country Partnership Framework (CPF) spanning 2026 to 2036. This ambitious plan aims to drive inclusive and sustainable economic transformation across the West African nation.
The launch ceremony drew high-level attendance, including government officials from Bénin, diplomatic representatives, and global development partners, all gathered to witness the historic agreement.
The 2026-2036 CPF is structured around three core pillars designed to align with Bénin’s national development priorities. First, it focuses on strengthening human capital through improved nutrition, healthcare access, and workforce skill development. Second, it targets critical infrastructure expansion to unlock economic opportunities. Third, it seeks to boost private sector-led economic transformation, fostering innovation and job creation. The framework also embeds resilience-building measures to enhance national stability and social cohesion, as outlined in the National Prevention and Resilience Program.
World Bank Group Managing Director of Operations, Anna Bjerde, commended Bénin’s leadership under President Romuald Wadagni for its forward-thinking vision, particularly the strategic roadmap ‘Alafia Bénin 2060.’ She emphasized that this partnership arrives at a pivotal moment for the country, marked by political momentum and a renewed commitment to progress.
Bjerde highlighted the transformative potential of the initiative, noting that investments in human capital and productive infrastructure are vital for fostering sustainable growth and creating meaningful employment, especially for young people and entrepreneurs. She reaffirmed the WBG’s dedication to supporting Bénin’s efforts to enhance economic competitiveness and elevate living standards nationwide.
Bénin’s Minister of Economy, Finance, and Cooperation, Aristide Medenou, underscored how the CPF directly supports national priorities, including agricultural development, private sector growth, and youth employment initiatives. The government views this framework as a catalyst for accelerating socio-economic transformation, building resilience, and securing brighter futures for coming generations.