Togo was Benin’s second-biggest electricity supplier in 2018

Economic governance
Wednesday, 15 January 2020 13:53
Togo was Benin’s second-biggest electricity supplier in 2018

(Togo First) - In 2018, Togo was Benin’s second-biggest electricity supplier behind Nigeria. 

According to a report of the Central Bank of West African States (BCEAO), 6.3% of Benin’s imports came from Togo, mostly electricity provided through Communauté Electrique du Bénin. From Nigeria which supplies a quarter of its imports, Benin gets petroleum products. 

Besides being Benin’s second-biggest supplier of electricity, Togo was its main provider (52.9%), regarding direct investment flows, over the year reviewed. Following Togo were China (36.2%), Senegal (12.2%), and Nigeria (8.2%). Most of these investment flows were debts (XOF111.2 billion). 

From Benin, Togo imports frozen fish, petroleum products, drugs, and paint. It is its third buyer in the WAEMU. 

Ayi Renaud Dossavi

togofirst mobile

 
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