Telecom

Benin boosts digital transformation with $40.5m budget for 2024

Benin boosts digital transformation with $40.5m budget for 2024
Wednesday, 22 November 2023 04:27

Benin’s government aims to accelerate the country's digital transformation, positioning it as a key driver of socio-economic development. A budget of CFA31 billion FCFA was allocated to the Ministry of Digitalization for FY2023.

Benin’s government is pursuing its digital transformation ambition. For FY2024, the government is planning to allocate up to CFA24.3 billion ($40.5 million) to the Ministry of Digitalization (MND). Minister Aurelie Adam Soulé Zoumarou (pictured) presented the budget to the National Assembly's Budget Committee on Monday, November 20.

Of the total budget, CFA12.79 billion will specifically be used for digital transformation projects, including the development of digital infrastructure, the accelerated deployment of fiber optics, connectivity for administrative centers, improvement of national GSM coverage, digitization of public administration, and the establishment of a digital skills school. The remaining budget will be allocated to the ministry's service support and steering program, as well as projects in the media sector.

The proposed FY2024 budget for the Ministry of Digitalization is lower than that of 2023, which was CFA31 billion. "This does not indicate a reduction in ambitions. On the contrary, we know that we are in a cross-cutting ministry; meaning the budget is also distributed to other ministries as they all undertake digital projects. Therefore, it is essential to consider the overall picture," explained the minister.

On the same topic
Algeria to connect new undersea fibre-optic cable, minister says Project aims to boost internet speeds amid rising data demand Move supports...
Fynd, an Indian retail-tech company, has expanded into South Africa, with luxury fashion retailer Surtee Group as its first African...
Airtel Africa will deploy Starlink’s Direct-to-Cell satellite service across 14 countries, aiming to reach 174 million users in remote...
Morocco commits 1.3 billion dirhams to support domestic startups Funding targets business creation, venture capital, and Technopark network Programs...
Most Read
01

AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...

From Mobile Data to Farm Loans: How AI Is Expanding Rural Credit in Africa
02

Investment bank BCID-AES established  in Bamako Bank aims to fund infrastructure, agricultur...

Sahel Alliance Establishes Investment Bank, Key Financing Decisions Pending
03

This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...

Weekly Health Update | Africa Steps Up Essential Medicines Strategy, Despite Outbreaks, Funding Gaps
04

Standard Bank extended a USD 138 million facility to STEP, acting as sole arranger and advisor to ...

$138 Million Standard Bank Facility to Power Safaricom's Ethiopia Business Expansion
05

BNP Paribas entered exclusive preliminary talks with Holmarcom to sell its 67% stake in BMCI. ...

BNP Paribas Enters Exclusive Talks to Sell BMCI Stake to Holmarcom
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.