The Chamber of Commerce and Industry of Benin (CCI Benin) has set a budget of 6.6 billion FCFA ($11.5 million) for 2027. This financial plan was examined and approved during the second ordinary session of the Consular Assembly held in Cotonou on September 18, 2026. The government has emphasized the need for measurable results from these resources, particularly in the areas of enterprise development, formalization, and employment.

The budget allocation prioritizes investments, with 2.1 billion FCFA ($3.6 million) dedicated to this sector. The government has stressed the importance of transparency in the use of these funds and expects the CCI Benin to execute its plans in line with set objectives. The minister of Trade and Economy Formalization, Alimatou Shadiya Assouan, outlined the budget orientation as "less operational costs, more investment," aiming to concentrate resources on actions benefiting economic actors.

Improving the collection of contributions is another priority for 2027. The government is calling for enhanced efficiency in this area, with increased collaboration with the General Directorate of Taxes (DGI). This move is expected to boost revenue and support the CCI Benin's objectives. The institution is also tasked with focusing on the formalization of the economy and job creation, with particular attention to small traders, young entrepreneurs, and women transformateurs.

The government expects the CCI Benin to demonstrate tangible results in its operations. Key performance indicators include the level of formalization and the number of jobs created. The institution is also required to ensure its actions benefit economic operators across the country, with a presence in all 77 communes of Benin. This approach aligns with the government's priorities for the 2027-2029 period, which include combating extreme poverty and promoting balanced territorial development.

Arnauld Akakpo, president of the CCI Benin, has emphasized the institution's role as an interface between public policies and enterprises. He confirmed the CCI Benin's readiness to mobilize its territorial network and expertise in support of formalization and modernization of domestic trade. This commitment follows several years of institutional transformation, including a reform that led to the revision of the CCI Benin's texts and the establishment of new governing bodies.

The CCI Benin's budget for 2027 presents a dual challenge: mobilizing resources and demonstrating the impact of expenditures. The Consular Assembly examined and approved the budget project during its session on September 18. This development is part of a broader effort to enhance the institution's effectiveness and contribution to Benin's economic growth.

The new budget orientation is a follow-up to previous reforms, including the installation of new consular elected officials in February 2020. The CCI Benin has been working to strengthen its position as a key player in Benin's economic landscape. With its 2027 budget, the institution is poised to play a more significant role in supporting the country's economic development agenda.

Key points

  • The CCI Benin has set a budget of 6.6 billion FCFA ($11.5 million) for 2027, focusing on investments, formalization, and job creation.
  • The government expects the CCI Benin to demonstrate measurable results in its operations, particularly in formalization and job creation.
  • The CCI Benin aims to concentrate its resources on actions benefiting economic actors, with a focus on small traders, young entrepreneurs, and women transformateurs.

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SaharaWire

Reporting for SaharaWire from the Nairobi bureau.