Beninese President Patrice Talon held a rare, open-hearted meeting with private sector leaders on Friday, July 18, 2025, inviting top entrepreneurs and business executives to the Presidential Palace in Cotonou for what he called a “relaxed and stress-free” exchange on the nation’s economic trajectory.
“I wanted this meeting to be warm and informal… That’s why I suggested a small cocktail,” President Talon said, as he welcomed the group to the Marina Palace.
The gathering, held in a cordial atmosphere, brought together major figures from the country’s banking, industrial, and commercial sectors.
Talon used the occasion to highlight Benin’s recent progress on the economic front.
Despite lacking significant natural resources, he said, the country is becoming an increasingly attractive destination for investors.
“Benin is making real progress and sending strong signals of development… Even without exceptional natural resources, everyone—from small artisans to large industrialists—can thrive,” he declared.
He credited much of this momentum to the private sector, applauding its vital role in driving national development and fostering economic resilience.
Business leaders responded positively to the president’s outreach, voicing strong support for his leadership and the government’s reform agenda.
“We felt a clear vision and a genuine commitment to making Benin a land of investment.
That is extremely important,” said Charles Isaac Fiberesima, Managing Director of BSIC Benin.
Abdel Mumin Zampalegre, CEO of BOA Benin, echoed the sentiment: “We are fortunate to have a visionary president… We’ve witnessed a spectacular leap forward.
We leave here energized.”
The event concluded with a shared sense of purpose between government and private enterprise. Business leaders expressed renewed confidence in the country’s direction and pledged to continue supporting Benin’s growth through sustainable investments and quality job creation.
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