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BOAD to deploy 115 bn FCFA to finance cotton campaign

Related Keywords: BOAD, cotton campaign in Benin, deploy finance, disposal and marketing of cotton fiber and derivatives, ginning and the storage, leaders of local banks, National office of farm incomes, purchase of cotton from producers, West African Development Bank

At the Convention held between Christian Adovelande, president of the West African Development Bank (BOAD) and the General Director of the National Office of farm incomes and leaders of local banks engaged in operation. It was decided that BOAD will deploy finance of 115 billion FCFA for the cotton campaign of 2014-15 in Benin.

The funding will be allocated to cover the needs related to the 2014-2015 cotton campaign, including the purchase of cotton from producers, ginning and the storage, disposal and marketing of cotton fiber and derivatives.

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