Economics
Benin Opposition Candidate Pledges to Focus Policy on Farming
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Adrien Houngbedji, an opposition candidate for Benin’s presidential election on Feb. 27, said he aims to boost growth by investing more in agriculture.
Houngbedji plans to invest 14 billion CFA francs ($28 million) to buy tractors and other equipment for farmers, boosting economic growth to 9 percent from 2.9 percent in 2010, he said in an interview in the commercial capital, Cotonou, today. The opposition candidate also said he aims to create an agricultural bank with funds of 50 billion CFA francs.