Benin digital transformation and fintech development

Benin is advancing its digital transformation through initiatives focused on both the financial sector and public administration.

In the fintech sector, the government is working to structure digital services as part of a broader West African Economic and Monetary Union (UEMOA) effort to integrate digital finance into payments and credit. The Ministry of Digital Affairs aims to position the country as a digital services platform for the region, supported by a national strategy for financial inclusion and regional interoperable payment platforms.

Simultaneously, the government is digitizing public services to modernize administration and increase accountability. The Republican Police have implemented an online platform via the Centre de documentation de Sécurité publique (CDSP) to issue loss certificates for identity documents. In the financial sector, the Ministry of Economy and Finance launched the SEMO+ mobile application, which uses geolocation to monitor public officials on official missions to prevent fictitious claims and ensure the integrity of public finances.