SBIN exempt from entry duties and taxes

05 March 2024

The Beninese Digital Infrastructure Company (SBIN) will benefit from an exemption from entry duties and taxes on equipment for the project to extend its telecoms network throughout the national territory.

The exemption granted by the specific investment regime does not concern the road tax, the statistical tax, the customs stamp, the community levy (PC), the community solidarity levy (PCS) and the solidarity levy (PS).

With this initiative, the Beninese government intends to make a stable and reliable internet connection available throughout the national territory as part of efforts to accelerate the country’s digital transformation and make it a driver of socio-economic development.

A budget of 24.3 billion CFA francs has been planned for the projects of the Ministry of Digital and Digitalization for the 2024 financial year, compared to 31 billion FCFA in 2023.

The initiative will facilitate the expansion of the SBIN national network, helping improve the coverage and adoption of internet connectivity in Benin.