IlustrativoBenin Soy Investment Plan
Benin · NationwideAgro-processing · Soy, grain and crushing
A national plan to process Benin's 652,000-tonne soy crop at home, with four crushing plants totalling 126,000 tonnes a year of oil and meal against imported vegetable oil, in a USD 47.96m programme with private and PPP tranches open to investors.
Justificação
Benin imports 80 billion CFA francs of vegetable oil a year, while less than 40% of its soy is processed locally.¹ The crop is already grown, 652,454 tonnes in 2024, but crushing capacity is almost absent, so most soy leaves Benin unprocessed.
- Plants
- Four crushing plants
- Capacity
- 126,000 t/yr in total
- Products
- Soybean oil and meal
- Market
- Domestic oil; domestic and ECOWAS feed meal
Oportunidade de investimento
Estrutura da transação
Private and PPP tranches of a national soy plan, alongside a USD 14.4m public tranche.
Utilização dos fundos
Four crushing plants, processing and storage equipment, regional marketing and a guarantee fund.
Base de receitas
Soybean oil for the domestic market and meal for the domestic and regional ECOWAS feed market.
O pedido
Equity and debt for the four crushing plants and storage; PPP partners for a farm-to-market model, guarantee fund and quality labels.
Porque é financiável
Benin imports 80 billion CFA francs of vegetable oil a year, while less than 40% of its soy is processed locally.¹
Production of 652,454 tonnes in 2024; the main pole holds 34% of national output on 200,000 ha of soy.
Meal and oil demand is growing across ECOWAS, a market of 400 million people, reached through the Port of Cotonou.
Crushing capacity is almost absent today, so most soy leaves Benin unprocessed.
Dados e evidências · Benin soy: today vs 2030 target
| National, 2024 | Target with the plan, 2030 | |
|---|---|---|
| Grain production | 652,454 tonnes | 1,000,000 tonnes |
| Market value | USD 296.6m | USD 454.5m |
| Local processing | Under 40%; crushing almost absent | 126,000 t/yr in four plants |
| Yield | 1.1 t/ha | Potential 2.5–3 t/ha |
Maturidade e calendário do projeto
- OriginationGreenfield
- FeasibilityCurrent stage
- StructuringTo follow
- Financial closePost-diligence
- ConstructionTo follow
Principais riscos e medidas de mitigação
Not contracted; two products and markets, domestic oil replacing imports and meal for the ECOWAS feed market.
The crop is already grown at scale; the public tranche funds 700 t of certified seed, research and rural roads.
Four plants to deliver; plant sites and specifications are released in the Tier 2 data room.
Condições da transação
- Offtaker
- Domestic and regional oil and meal buyers
- Contract status
- Not contracted
- Instrument sought
- Blended: equity and debt
- Structure
- Public, private and PPP tranches within a national value-chain plan
- Technology
- Industrial soybean crushing for vegetable oil and meal
- Capacity
- 126,000 t/yr crushing capacity, across four plants
- Location
- Benin; site under NDA
- WAIIS pillar
- Agribusiness & Food Systems
Impacto no desenvolvimento
Livelihoods
5,500 direct beneficiaries among growers, seed producers, processors and traders, and 21,300 indirect.¹
Incomes
Average income per inhabitant projected to rise by about 25%.¹
Climate
Net emissions estimated at minus 3,970 tCO2e a year.¹