Benin and world bank launch decade-long human capital partnership

Benin and World Bank forge decade-long partnership to boost jobs and human capital

A groundbreaking decade-long partnership between Benin and the World Bank Group (WBG) officially kicked off in Cotonou on Friday, July 17, setting the stage for inclusive and sustainable economic transformation in the West African nation.

The launch ceremony drew high-level participation, including Benin’s government officials, foreign diplomats stationed in the country, and key development partners.

The new Country Partnership Framework (CPF) 2026-2036 is designed to align with Benin’s development priorities over the next decade. It focuses on three core pillars: enhancing human capital through improved nutrition, healthcare, and skill development; expanding access to critical infrastructure; and fueling private-sector-led economic growth. The framework also embeds the Resilience and Prevention Program, aimed at strengthening national stability and social cohesion across the country.

Anna Bjerde, the WBG’s Managing Director of Operations, commended the vision outlined by Benin’s President, Romuald Wadagni, and his administration. She noted that the CPF launch comes at a pivotal moment, aligned with Benin’s bold strategic roadmap Alafia Benin 2060 and the current political momentum.

Bjerde emphasized that the partnership will translate these ambitions into tangible outcomes—particularly benefiting youth and entrepreneurs. Investing in human capital and productive infrastructure, she argued, is vital for fostering sustainable, job-creating growth in Benin.

The WBG’s commitment to supporting Benin’s efforts extends to boosting the nation’s economic competitiveness and improving living standards for all citizens, Bjerde added.

Benin’s Minister of Economy, Finance, and Cooperation, Aristide Medenou, highlighted that the CPF 2026-2036 perfectly complements the country’s national priorities—especially in agriculture, private-sector development, and youth employment.

The Beninese government views the CPF as a catalyst for accelerating socio-economic progress, reinforcing resilience, and unlocking greater opportunities for future generations.