Benin’s foreign minister highlights investment potential for south korean firms
The Republic of Benin is positioning itself as a stable gateway to the entire West African market, according to Foreign Minister Corinne Amori Brunet, who spoke during a high-level meeting in Seoul.
Speaking to reporters on the sidelines of the African-Corean foreign ministers’ forum held in the South Korean capital, Brunet emphasized that while Benin may appear small in isolation, its strategic advantages extend far beyond its size. She highlighted the country’s political stability, investor-friendly policies, and prime geographical location as key factors that make it an attractive destination for international businesses.
Benin’s strategic advantages in west africa
The Foreign Minister underscored Benin’s role within the Economic Community of West African States (ECOWAS) and the West African Economic and Monetary Union (WAEMU). These regional frameworks provide Benin with a unique position as a maritime access point and distribution hub for West Africa. The country’s strategic infrastructure, industrial transformation, and strong regional connectivity further enhance its appeal to foreign investors.
Brunet clarified that while Benin continues to explore its geological potential, including the possibility of critical minerals, the primary focus remains on trade facilitation and attracting investors who can leverage the country’s access to a broader regional market. «We are prioritizing policies that not only promote trade but also create an enabling environment for investors looking to engage with West Africa», she explained.
strengthening ties with south korea
The Minister expressed optimism about deepening cooperation between Benin and South Korea in investment, industrial development, and cultural exchange. She noted that both nations share a history of rapid transformation and development, which could serve as a foundation for future partnerships.
Over the past decade, Benin has undergone significant modernization, particularly in infrastructure and policy reforms aimed at attracting foreign direct investment. Brunet cited key initiatives such as the upgrade of the Port of Cotonou—Benin’s primary commercial port—which now supports smart logistics and digital customs procedures. She also highlighted the Glo-Djigbé Industrial Zone, a major industrial hub, and the country’s transition to digital administrative systems.
The foreign ministers’ forum in Seoul was described as a «critical milestone» following the 2024 Korea-Africa Summit. Brunet emphasized that the event marked a shift from high-level discussions to tangible cooperation projects, with both sides committing to concrete steps forward.
promoting cultural exchange and heritage restoration
Beyond economic ties, Brunet expressed interest in expanding cultural exchanges with South Korea. She highlighted the return of 26 Beninese artifacts, which were repatriated from France in 2021, as a significant milestone. She proposed organizing a traveling exhibition of these cultural treasures in Seoul, aiming to showcase Benin’s rich artistic heritage.
«South Korea and Benin share a common history of resilience and transformation», she noted. «The Republic of Korea achieved remarkable progress in less than a generation through discipline, reforms, and development—and that is precisely what Benin has been striving for over the past decade».
Brunet, who took office last month as part of a new administration, is currently on her first official international visit.
