IllustrativeBenin Poultry Investment Plan
Benin · NationwideLivestock · Poultry, broiler and processing
A national plan to build Benin's broiler value chain, from hatcheries and feed mills to abattoirs and cold chain, lifting poultry meat output from 9,859 to 45,000 tonnes by 2030, in a USD 45.39m programme with private and PPP tranches open to investors.
Rationale
Benin imports 115,800 tonnes of frozen chicken a year, about 88% of national demand, costing 60 billion CFA francs in foreign exchange.¹ A planned ban on frozen chicken imports would create a captive national market for local broilers.
- Hatcheries
- Six modern hatcheries
- Farms
- 40 new broiler farms
- Feed
- 15 feed mills
- Processing
- Eight certified abattoirs, 20 cutting units, cold chain
Investment opportunity
Transaction structure
Private and PPP tranches of a national poultry plan, alongside a USD 21.3m public tranche.
Use of funds
Six hatcheries, 40 new broiler farms, 15 feed mills, 20 cutting units and a cold chain.
Revenue basis
Poultry meat sold into a domestic market now supplied mainly by imports.
The ask
Equity and debt for hatcheries, farms, feed mills and processing; PPP partners for the guarantee fund, credit lines and quality label.
Why it is bankable
Benin imports 115,800 tonnes of frozen chicken a year, about 88% of demand, costing 60 billion CFA francs in foreign exchange.¹
A planned ban on frozen chicken imports would create a captive national market; the case depends on the ban being enacted.
The public tranche funds eight certified abattoirs, biosecurity, veterinary laboratories and an FNDA guarantee fund.
Demand for animal protein is projected to rise 2.5 times by 2040 with urbanisation; the national flock is about 17.6 million birds.
Data and evidence · Benin poultry meat: today vs 2030 target
| National market, 2024 | Target with the plan, 2030 | |
|---|---|---|
| Poultry meat output | 9,859 tonnes | 45,000 tonnes |
| Market value | USD 41.1m | USD 187.5m |
| Price assumption | c. USD 4,167 per tonne | c. USD 4,167 per tonne |
| Processing | No modern certified abattoirs | Eight certified abattoirs, 20 cutting units |
Project readiness and timeline
- OriginationGreenfield
- FeasibilityCurrent stage
- StructuringTo follow
- Financial closePost-diligence
- ConstructionTo follow
Key risks and mitigants
The demand case depends on the planned ban being enacted; its status is documented in the Tier 2 data room.
Not contracted; a national quality label, certified sales points and border controls support local sales.
The public tranche funds biosecurity, veterinary laboratories and certified abattoirs.
Transaction terms
- Offtaker
- Domestic market
- Contract status
- Not contracted
- Instrument sought
- Blended: equity and debt
- Structure
- Public, private and PPP tranches within a national value-chain plan
- Technology
- Integrated broiler production with abattoirs, hatcheries and feed mills
- Location
- Benin; site under NDA
- WAIIS pillar
- Agribusiness & Food Systems
Development impact
Livelihoods
18,000 direct beneficiaries, from farmers to hatchery, feed-mill and abattoir operators, and 69,600 indirect.¹
Incomes
Income per inhabitant in the plan area projected to rise by about 35%.¹
Climate
Net emissions estimated at minus 5,723 tCO2e a year.¹