What energy sources does Benin have?

Benin has several sources of energy including natural gas and oil. Oil production in the country began in 1982 at the Seme offshore oil field, operated by Saga Petroleum Company. Although the country is not a major producer of oil, this sector has contributed significantly to its foreign earnings.

Who is responsible for generating electricity in Benin?

Societe Beninoise d’Energie Electrique (SBEE) is responsible for generating around 13% of electricity in Benin through diesel generators. ABERME (Agence Beninoise d’Electrification Rurale et de Maitrise d’Energie), on the other hand, is responsible for rural energy supply.

What services do you offer in Benin?

The Best in the World offers the following services in Benin: i) Benin business registration, ii) government license registration, iii) corporate bank account opening services in Benin and abroad, iv) employee recruitment, v) visa strategies, and vi) office rental solutions.

How much electricity does Benin need?

Benin’s current electricity needs are estimated at 250 MW and are expected to rise to 600 MW by 2020. One of the Talon administration’s long-term goals is to increase electric power generation capacity to 4,000 MW through Public-Private Partnerships and to become an exporter of surplus power to neighboring countries.

How can I do business in Benin?

To do business in Benin, the most popular corporate entity is a limited liability company (SARL), which requires a paid-up capital of only US$1 for setup. Clients intending to manufacture products in Benin often register their company in a Benin Special Economic Zone.

What are the opportunities in power generation in Benin?

A number of opportunities exist in power generation. As Benin seeks to both increase and diversify its electric power generation capacity, opportunities in thermal, solar, wind, and other generation technologies are increasingly attractive to potential investors.