For its establishment in the industrial zone of Glo-Djigbé in Benin (GDIZ), the Société Textile du Bénin (STB) to benefit from a loan of 10 billion FCFA ($15.2) millions) for its integrated factory for processing cotton into clothing, with an annual capacity of 10,000 tons.

The implementation of the establishment activities in Benin will make it possible to produce 19 million pieces of clothing (polos and T-shirts) per year according to Boad. This is the result of a public-private partnership signed between the Beninese government and Arise Integrated Industrial Platforms (Arise IIP). They had the Africa Finance Corporation (AFC) and the Africa Transformation and Industrialization Fund (ATIF) as shareholders and the GDIZ which is based on the processing of agricultural products around the textile industry and agribusiness.

Thus, the Investment and Promotion Company of Industry (SIPI) and the Agency for the Promotion of Investments and Exports (APIEx) in partnership with ANPE have launched a Last January, a program to recruit 1,000 young people to train them in textiles launched a program that will expand with the recruitment of nearly 15,000 young people aged 18 to 30 on October 18 to 24, with the aim of training a qualified workforce for future investors. in the zone.