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Benin is located in West Africa and shares its border with Nigeria on the West, Togo on the East, and Burkina Faso and Niger on the North. Benin's strong points are its strategic location, access to the Atlantic Ocean and transport hub for trade. Benin Republic is one of Africa's largest cotton producers and rich in the production of cashews, Palm Oil, peanuts, etc. The country leads the continent in industrial output as it is responsible for 40 percent of African total output. Benin's strong points when it comes to investment are its strategic location.

Benin is located in West Africa. It shares its border with Nigeria on the West, Togo on the East, and Burkina Faso and Niger on the North. Benin's strong points are its strategic location, access to the Atlantic Ocean and a major transport hub for trade. Benin Republic is one of Africa's largest cotton producers and rich in the production of cashews, Palm Oil, peanuts, etc. It has consistently achieved robust Gross Domestic Product compound growth in the past 5 years.

Benin's economy is heavily reliant on re-exportation and agriculture. Benin's strong points when it comes to investment are its strategic location and its role as a trade hub for second-hand vehicles imported from Europe. Benin has taken several initiatives to attract foreign investment. Corruption, poor quality of infrastructure and problems related to the electricity supply limit the country's potential attractiveness. Benin ranked 149th out of 190 countries in the World Bank's 2020 Doing Business report.

This represents a slight improvement from the 2019 edition when Benin was ranked 153rd. Several factors still hinder Benin's attractiveness, such as high risk of corruption and poor infrastructure. The government of Benin is actively trying to improve the country's business environment. Benin has launched an ambitious 15 billion dollars five-year Government Action Plan. The country's Investment Code allows for the creation of Free Trade Zones and establishes incentives such as tax reductions for investors. Why You Should In Benin Republic - Foreign Investments in Benin Republic

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