In recent years, there has been an attempt to revive the oil production and industry in Benin. In September 2019, Niger and China launched the construction of the Niger-Benin Oil Pipeline. This pipeline, roughly 1980 kilometers (1230 miles), will run from the Diffa Region in the Southeast of Niger to the Port Seme Terminal in Benin.
What is the Niger-Benin Oil Pipeline?
In September 2019, Niger and China launched the construction of the Niger-Benin Oil Pipeline. This pipeline, roughly 1980 kilometers (1230 miles), will run from the Diffa Region in the Southeast of Niger to the Port Seme Terminal in Benin. The projected pipeline is to have two thirds run through Niger and one third through Benin.
How much corn does Benin export a year?
Estimates of annual trade with these countries are extremely hard to determine, but some sources indicate that as of 2014 Benin exported about 15,000 tons [a] of corn and 1,500 tons of rice to Nigeria, 6,000 tons of corn to Niger, 1,400 tons of corn and 2,000 tons of rice to Togo.
How much edible oil is produced in Benin?
Benin alone produced 109 thousand tonnes of vegetable oils in 2019 (Source: World Data Atlas). The African edible oil market was valued at USD 4,803.28 million in 2021. Experts expect it to reach USD 8503.00 million by 2029, registering a CAGR of 7.40% during the forecast period of 2022-29.