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Benin, officially the Republic of Benin and formerly known as Dahomey, is a country in West Africa. It is bordered by Togo to the west, Nigeria to the east, Burkina Faso to the north-west, and Niger to the north-east. The majority of its population lives on the small southern coastline of the Bight of Benin, part of the Gulf of Guinea in the northernmost tropical portion of the Atlantic Ocean. The capital of Benin is Porto-Novo, but the seat of government is in Cotonou, the country's largest city and economic capital. Benin covers an area of 114,763 square kilometres (44,310 sq mi) and its population in 2018 was estimated to be approximately 11.49 million. Benin is a tropical nation, highly dependent on agriculture, and is a large exporter of cotton and palm oil. Substantial employment and income arise from subsistence farming.
The economy of Benin remains underdeveloped and dependent on subsistence agriculture and cotton. Cotton accounts for 40% of Benin's GDP and roughly 80% of official export receipts. There is also production of textiles, palm products, and cocoa beans. Maize (corn), beans, rice, peanuts, cashews, pineapples, cassava, yams, and other various tubers are grown for local subsistence. Benin began producing a modest quantity of offshore oil in October 1982. Production ceased in recent years but exploration of new sites is ongoing.
The economy of Burkina Faso is based primarily on subsistence farming and livestock raising. Burkina Faso has an average income purchasing-power-parity per capita of $1,900 and nominal per capita of $790 in 2014. More than 80% of the population relies on subsistence agriculture, with only a small fraction directly involved in industry and services. Highly variable rainfall, poor soils, lack of adequate communications and other infrastructure, a low literacy rate, and a stagnant economy are all longstanding problems of this landlocked country. The export economy also remained subject to fluctuations in world prices.
Ivory Coast invested remarkably in its transport system. Transport Infrastructures are much more developed than they are other West African countries despite a crisis that restrained their maintenance and development. Since its independence in 1960, Ivory Coast put an emphasis on increasing and modernizing the transport network for human as well as for goods. Major infrastructures of diverse nature were built including railways, roads, waterways, and airports. In spite of the crisis, neighbor countries still strongly depend on the Ivorian transport network for importing, exporting, and transiting their immigrants to Ivory Coast.
The economy of Mali is based to a large extent upon agriculture, with a mostly rural population engaged in subsistence agriculture.
The economy of Togo has struggled greatly. The International Monetary Fund (IMF) ranks it as the tenth poorest country in the world, with development undercut by political instability, lowered commodity prices, and external debts. While industry and services play a role, the economy is dependent on subsistence agriculture, with industrialization and regional banking suffering major setbacks.
The Economic Community of West African States is a regional political and economic union of fifteen countries located in West Africa. Collectively, these countries comprise an area of 5,114,162 km2 (1,974,589 sq mi), and in 2015 had an estimated population of over 349 million.
Cotonou is the economic center of Benin. Its official population count was 761,137 inhabitants in 2006; however, some estimates indicate its population to be as high as 2.4 million.
Benin possesses railway and road infrastructure, as well as two seaports. Benin currently does not have rail connections to other countries, but new proposals seek to change this.
After seizing power in the 1972 coup d'état, Major Mathieu Kérékou declared the Republic of Dahomey a Marxist-Leninist state and sought financial support from communist governments in Eastern Europe and Asia. To distance the modern state from its colonial past, the country became the People's Republic of Benin in 1975. However, Benin dropped the socialist ideology in 1989 following pressure from creditors and domestic unrest related to economic hardship.
AfricaRail is a project to link the railway systems of Ivory Coast, Burkina Faso, Niger, Benin and Togo. These are all 1,000 mm gauge.
Benin is predominantly a rural society, and agriculture in Benin supports more than 70% of the population. Agriculture contributes around 35% of the country's gross domestic product (GDP) and 80% of export income. While the Government of Benin (GOB) aims to diversify its agricultural production, Benin remains underdeveloped, and its economy is underpinned by subsistence agriculture. Approximately 93% of total agricultural production goes into food production. The proportion of the population living in poverty is about 35.2%, with more rural households in poverty (38.4%) than urban households (29.8%). 36% of households depend solely upon agricultural (crop) production for income, and another 30% depend on crop production, livestock, or fishing for income.
Benin is a coastal country located in the Gulf of Guinea in Western Africa, which is a resource rich region. Energy in Benin has a diverse energy mix and takes several forms including: solar, wind, hydropower, biomass, fossil resources, and mineral resources. Out of this energy mix, about 60% of energy comes from biomass. Benin is also dependent on energy imports from Ghana and Côte d'Ivoire. While power plants and other energy facilities were built in the 1950s and 1960s, the lack of investment has led to deterioration over time. Similarly, its location in the oil-rich Gulf of Guinea has led to an attempt of oil production starting in the late 1980s. However, due to unprofitable operations, oil production halted in 1998.
Seme Border is a settlement in Nigeria on the border with Benin, thirty minutes drive from Badagry on the coastal road between Lagos and Cotonou. Seme is a part of Badagry Division of Lagos State. With the present political division in the state, it is under Badagry -West Local council development area (LCDA).
The West African Power Pool (WAPP) is a cooperation of the national electricity companies in Western Africa under the auspices of the Economic Community of West African States (ECOWAS). The members of WAPP are working for establishing a reliable power grid for the region and a common market for electricity. It was founded in 2010.
Bénirail is the concessioned railway system of Benin. It is being rehabilitated by the Bolloré Group.
In 2011, the Economic Community of West African States (ECOWAS) adopted a Policy on Science and Technology (ECOPOST).
The West African Games was an international multi-sport event between the nations of West Africa, which was held in Lagos, Nigeria in 1977. Opened on 27 August by Nigeria's head of state, Olusegun Obasanjo, ten countries took part in the eight-day competition. A total of eleven sports were contested.
Fresh (wet) markets occur in most towns and villages in Benin, usually surrounded by large numbers of small shops selling foods, consumer items, imported foods and goods, clothing, household goods, etc. With a large portion of the population producing much of their own food, particularly for starches, open markets are where the diet is rounded out with items not self-produced. For those with higher incomes, more of the food consumed is purchased at market. Most vegetables are in villages and town markets, which usually have a major day, or multiple days, where traders and retailers are active in selling perishables in particular. Fish, meats, staple starch crops, legumes, soy and milk cheeses, fruits, and vegetables are available in the market every week of the year in most places with significant variations in the quantity supplied. Staple crops are usually sold to retailers by wholesalers, who obtain them from the producers. Meat is sold by the butchers who source from the producers. The source of vegetables depends on the season. Regional trade keeps a selection of vegetables available, with price and quantity fluctuations depending on the season. Visits to markets in the Parakou and Nikki areas observed avocados from Lomé in Togo and red onions from Niger. Eastern border markets have many Nigerian traders coming into Benin to purchase fruits and vegetables for sale in Nigeria. Most of these transactions are not captured in either of the countries' statistical records. Vegetables traders/retailers obtain their products either from the intermediary traders or directly at the farm gate if possible. For many items there are unwritten agreements that producers will sell to retailers, not directly to consumers. Intermediaries buy at the farms and transport the products directly to their various market destinations. Women dominate the role of vegetable retailers at these open markets. Vegetable producers market much of their produce in bulk at harvest time because of the highly perishable nature of their products. In general, producers conduct all of their sales immediately after harvest. The long marketing channel of vegetables in the larger peri-urban and urban areas involves several types of intermediaries, from local traders to wholesalers. Studies by INRAB have shown that producers are more inefficient in marketing than in production. There is a lack of market participation of farmers and current barriers to entry by farmers limit their access to markets.
References
- ↑ "Overview".
- 1 2 3 4 5 6 7 8 9 10 "Benin Agricultural Situation" (PDF). USDA Foreign Agricultural Service. March 20, 2014.
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