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Benin: Driving the Caribbean-Africa Economic Corridor? [Business Africa] [Video]

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Strategic Partnerships and Alliances

This week in Business Africa, we explore three key topics: Benin strengthens its ties with CARICOM countries to boost economic cooperation and develop a dynamic common market. Next, we examine the resumption of oil production in South Sudan, a vital sector for revitalizing its economy after months of suspension. Finally, we analyze the impact of internet shutdowns in Sub-Saharan Africa, which caused billions of dollars in economic losses.

Caribbean-Benin Exchanges: A Focus on the Future

Benin and CARICOM (Caribbean Community) countries have initiated a strategic partnership to strengthen their economic exchanges and develop key sectors like the green and blue economies. In Business Africa, Bakary Olushegun, Benin’s Minister of Foreign Affairs, emphasized the importance of the meeting held in Cotonou. The main goal: strengthen cooperation to improve the well-being of populations and promote a green and sustainable economy.

“Benin and the CARICOM countries have a lot in common. We share a history marked by the transatlantic slave trade, and we have a common culture and ambition. The …

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