Benin Republic has achieved a good Country Risk with its recent rating from specialist risk intelligence firm EXX Africa which just published a new report that assesses that Benin has set one of the most admirable examples on how to successfully mitigate country risk for foreign investment

EXX Africa special report on Benin Republic paints the country as a paradigm for improving country risk in Africa. This submission came after EXX Africa conducted a comprehensive review of the political, economic and security risks facing the country in the coming year and years. It noted that since 2016, the government has embarked on a comprehensive plan for economic diversification and strengthening of the internal market to make the economy more resilient and to avoid the exogenous shocks to which it was exposed.

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The Beninese government has also recently adopted a new progressive constitution and a set of laws aimed at strengthening the country’s institutions and enhancing transparency. These actions should reassure the international community about Benin’s future prospects.

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Based on the findings of this report, EXX Africa views Benin as a paradigm for improving country risk in Africa, based on concrete measures taken by the government to mitigate the remaining risks and overcome current challenges.

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry