India president announces $100m loan for Benin

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India’s President Ram Nath Kovind has announced a loan of $100m (£82m) for developmental projects in Benin.

Kovind revealed this during a visit to the country as part of his West African tour. He was received at the capital Cotonou by President Patrice Talon.

President Kovind also addressed Benin’s National Assembly in the capital, Porto-Novo, and attended a banquet hosted in his honour. He tweeted a clip of his parliamentary speech, saying it was a historic day in relations between the two countries.

He noted that India was committed to supporting Benin’s growth and development and that he was “happy to note that implementation of the $42.6m credit for the upgrading of water supply schemes in 103 villages in Benin, is proceeding well”.

Both leaders are also expected to discuss defence and security co-operation, with India offering further training assistance to Benin to expand its anti-piracy capacity.

The Indian President will also be visiting The Gambia and Guinea.




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