Caisse des Dépôts et Consignations du Bénin

What Caisse des Dépôts et Consignations du Bénin does

Caisse des Dépôts et Consignations du Bénin (CDC Benin) is a public financial institution established by Law 2018-38 of October 17, 2018, and operational since July 2020, headquartered in Cotonou. It operates a three-business-line model: (1) Investisseur d'intérêt général — long-term financing (5 to 25 years) of strategic projects in infrastructure (energy, transport, digital, water, telecoms), industry, agro-industrial transformation, and economic and social real estate, targeting sectors insufficiently covered by private investment; (2) Investisseur financier — diversified placements in WAEMU regional markets including government debt securities, bonds, and listed equities; and (3) Gestion pour compte de tiers — fiduciary management of regulated deposits, administrative and judicial consignations, and donor-funded programs. The institution serves five primary customer segments: the State of Benin and its agencies, territorial collectivities, small and medium enterprises, judicial and administrative entities, and social protection institutions.

CDC Benin's revenue model is non-standard banking: account opening and maintenance are free, and income is generated through returns on financial placements, returns on long-term financings and equity participations, and fiduciary fees on managed third-party funds. GTM is institutional and mandate-driven—secured via government policy alignment, direct engagement, public procurement processes, and partnerships with multilateral development finance institutions (AFD, BAD, IFC, BOAD, IDA, UN Women, Expertise France). The institution is concurrently building a digital ecosystem consisting of a consignation/deconsignation management platform, a GRC risk management solution, an investment management system, a treasury and asset management platform, a BI/datawarehouse, and an integrated ERP, alongside pursuit of ISO 27001 and ISO 9001 certifications. It is led by Directrice Générale Maryse Lokossou, appointed in July 2023, and operates with 11-50 employees from a single Cotonou headquarters.

Name

Caisse des Dépôts et Consignations du Bénin

Legal name

Caisse des Dépôts et Consignations du Bénin

Website

https://cdcb.bj

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

51–100 employees

Short description

Caisse des Dépôts et Consignations du Bénin is a public financial institution that manages regulated deposits and judicial consignations while providing long-term development financing for government projects, SMEs, and territorial collectivities across Benin and the WAEMU region.

Ownership category

akta.pro rank

Product category

Public Development Finance

NAICS

Public Finance Activities (921130), Executive, Legislative, and Other General Government Support (921)

SIC

Federal & Federally-Sponsored Credit Agencies (6111)

akta.pro primary industry

National Development Banks & State Development Finance Institutions (DFIs) (BPADACAC)

Keywords

• Public development finance
• Consignation management
• SME long-term financing
• Infrastructure investment
• Fiduciary fund management

Headquarters

HQ city

Cotonou

HQ country

Benin

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Deposit and Consignation Management: CDC Benin collects, secures, and manages public and private regulated deposits and consignations (administrative and judicial). This includes retirement fund surpluses, notary deposits, judicial funds, guarantee deposits for public markets, election deposits, and other public funds. These deposits constitute core long-term resources that are reinvested.
2. General Interest Investment: Financing of projects of general interest in sectors insufficiently covered by private investment, including infrastructure (energy, transport, digital), industry, economic real estate, and social sectors. Interventions are structured as long-term financing (5-25 years) and investments in equity and strategic participations.
3. Financial Investment: Diversified financial placement strategy including government debt securities, bonds, listed equities, and other financial products in the Beninese and WAEMU regional financial markets. Financial placements with banking institutions (0-5 years) generate returns on managed reserves.
4. Third-Party Management (Fiduciary Services): Financial engineering services for public law entities and local collectivities, as well as international donors and bilateral or multilateral partners. CDC Benin manages funds on behalf of the state, development finance institutions, and public entities.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

CDC Benin is a public financial institution that collects, secures, and manages regulated public and private deposits, administrative and judicial consignations, and other regulated funds. It reinvests these long-term resources in general-interest projects (infrastructure, energy, transport, digital, industry, real estate), diversified financial placements within the WAEMU regional market, and third-party fiduciary management of funds for public entities, territorial collectivities, and international donors.

Product overview

CDC Benin operates as a public financial institution with three core business lines: (1) Investisseur d'intérêt général - financing general interest projects in infrastructure, industry, and strategic sectors; (2) Investisseur financier - diversified financial placement and investment activities in the UEMOA region; and (3) Gestion pour compte de tiers - third-party fund management for public entities and donors. The institution is also developing a digital ecosystem including a consignation/deconsignation management platform, risk management solution, investment management system, treasury and asset management platform, and BI/Datawarehouse solution. Additionally, CDC Benin is implementing an integrated ERP system (Progiciel de gestion intégrée) for its core operations.

Differentiator

Problem solved

Functional benefit

Brands

• CDC Benin Women Break: An initiative to celebrate and promote female leadership, diversity, sisterhood, team cohesion and work-life balance within the institution.
• Meet The Leader
• Women@CDCBénin

Products and services

• Investisseur d'intérêt général (General Interest Investor) Long-term financing and equity/strategic-participation investment in general-interest development projects for the Beninese State, public agencies, territorial collectivities, and large enterprises in infrastructure, industry, agro-processing, and real estate.
• Investisseur financier (Financial Investor) Diversified financial placement and investment activities in the Beninese and WAEMU/UEMOA regional capital markets, including government debt securities, bonds, listed shares, and short-term placements with banking institutions.
• Gestion pour compte de tiers (Third-Party Fund Management / Fiduciary Services) Fiduciary management of regulated deposits, administrative and judicial consignations, and donor-funded programs for the Beninese State, public-law entities, local authorities, and international donors/bilateral and multilateral partners.
• Solution de gestion des consignations et déconsignations Digital platform dedicated to partners to digitize and streamline consignation and deconsignation processes, ensuring secure interaction between CDC Benin and judicial/administrative consigning partners.

Quantifiable outcome

• 5 years of operation from July 2020 with established presence across three core businesses: general interest investment, financial investment, and third-party management.
• +1 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered core and minor.

• FIGPME / Fonds d'Investissement et de Garantie des PMEcoreStrategic or Co-development PartnerFIGPME is a key partner in the Choose Africa 2 program ecosystem. It contributes to facilitating SME access to financing through guarantee mechanisms, while CDC Benin manages the financing and fiduciary aspects of the program.
• ADPME / Agence de Développement des Petites et Moyennes EntreprisescoreStrategic or Co-development PartnerADPME is a partner under the Choose Africa 2 initiative, providing non-financial support to enterprises including management capacity building, competitiveness enhancement, and growth potential development. CDC Benin provides the financing component.
• Expertise FrancecoreImplementation/ SI/ Consulting PartnerExpertise France is the technical assistance operator for the Choose Africa 2 program, providing support for program coordination and overall coherence of interventions. It is a key implementation partner in CDC Benin's SME support ecosystem.
• Forum des Caisses de DépôtcoreStrategic or Co-development PartnerCDC Benin is an active member of the Forum des Caisses de Dépôt (Forum of Deposit Banks/Caisse des Dépôts institutions), participating in annual conferences and specialized working groups (e.g., Jurists Club). This network facilitates experience sharing and benchmarking with peer institutions across Africa.
• Société Générale BéninminorStrategic or Co-development PartnerCDC Benin co-organized an investment workshop with Société Générale Benin and BOAD, indicating a collaborative relationship in the Beninese financial ecosystem for investment promotion and capital market development.
• CCI Bénin / Chambre de Commerce et d'Industrie du BéninminorStrategic or Co-development PartnerCDC Benin collaborates with CCI Benin to convene entrepreneurs and project promoters. CCI Benin was a co-organizer of the Afterwork des Promoteurs event, facilitating networking between CDC Benin-financed projects and the broader entrepreneurial community.
• GDIZ / Zone Industrielle de Glo-DjigbécoreStrategic or Co-development PartnerCDC Benin monitors its financed projects within the GDIZ industrial zone (Glo-Djigbé), including textile and agro-industrial enterprises. GDIZ is a strategic industrial development zone where CDC Benin-financed projects contribute to job creation and economic transformation.
• ONU Femmes / UN WomencoreStrategic or Co-development PartnerCDC Benin signed a Memorandum of Understanding with ONU Femmes, demonstrating commitment to gender equality and women's empowerment in its investment and development activities. This partnership aligns with CDC Benin's gender strategy and ESG commitments.
• Caisse des Dépôts FrancecoreStrategic or Co-development PartnerCDC Benin and the French Caisse des Dépôts signed their first cooperation convention in June 2023, facilitating experience sharing and best practice exchange. CDC Benin has conducted benchmarking visits to learn from the French institution's practices in areas such as real estate investment and institutional development.
• CDC SénégalminorStrategic or Co-development PartnerCDC Benin and CDC Senegal engaged in bilateral cooperation, with a CDC Benin delegation conducting a benchmarking visit to CDC Senegal to share experiences and operational best practices.
• APBEF-Bénin / Association Professionnelle des Banques et Etablissements FinanciersminorStrategic or Co-development PartnerCDC Benin and APBEF-Bénin committed to a reinforced partnership, strengthening collaboration between CDC Benin and the banking sector professional association in Benin.
• PADME S.A.coreOthersCDC Benin signed a Memorandum of Understanding with PADME S.A. to define an operational framework for financing support to small and medium enterprises. PADME S.A. subsequently received a loan from CDC Benin.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Fonds de Solidarité Africain (FSA): African Solidarity Fund formalized as a Minor partner of CDC Benin at the Forum des Caisses de Dépôts. FSA operates as a regional development finance vehicle with a comparable focus on continental development financing across African member states.

Direct peers

• CNPS Cameroun: Cameroonian national social protection institution and Flagship co-investor with CDC Benin in Africa50-IAF. While primarily a pension/social security fund, CNPS Cameroon functions similarly as a long-term institutional investor deploying member contributions into strategic national and continental assets.
• Caisse des Dépôts et de Gestion (Maroc): Moroccan national Caisse des Dépôts operating a comparable deposit management and strategic investment mandate. Functions as a regional benchmark for francophone African Caisses des Dépôts with similar three-line business model (deposits, financial investment, general interest).
• Banque Ouest Africaine de Développement (BOAD): West African Development Bank and a Core strategic partner of CDC Benin. BOAD operates as the WAEMU regional development bank with a similar long-term development financing mandate, co-finances projects with CDC Benin, and co-organizes financial market workshops in the region.
• Caisse des Dépôts et Consignations du Sénégal: Senegalese sister institution with the same legal framework and mission. CDC Benin conducted a benchmarking visit to CDC Senegal to share operational best practices, and both serve as national development finance institutions in WAEMU countries with deposit-consignation mandates.

Emerging players

• BPI France: French public investment bank providing long-term financing to SMEs and infrastructure projects. While operating in a developed market, BPI France is a comparable model of state-backed patient-capital provider with a three-pillar mandate similar to CDC Benin's structure.

Broad incumbents

• International Finance Corporation (IFC): World Bank Group's private-sector development finance arm and Flagship co-investor in Africa50-IAF alongside CDC Benin. IFC operates as a global anchor investor in emerging-market infrastructure and SME finance, providing a high-profile multilateral benchmark for CDC Benin's investment strategy.
• Agence Française de Développement (AFD): France's bilateral development finance institution and Core partner through Choose Africa 2 and institutional capacity-building programs. AFD channels concessional financing into WAEMU countries and partners with national DFIs like CDC Benin to execute SME and infrastructure mandates.
• Caisse des Dépôts et Consignations (France): French parent-model institution with the same legal name and statutory role. CDC Benin has signed a cooperation convention with the French CDC and conducts benchmarking visits, making it the closest conceptual reference and partner. Both operate as long-term public investors managing regulated deposits.
• African Development Bank (BAD/AfDB): Continental multilateral development bank that initiated Africa50-IAF and is a Core partner of CDC Benin. BAD provides institutional capacity-building grants, co-finances projects, and is the most significant supranational DFI operating in the same WAEMU geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/cdcdubenin
• Facebookfacebook.com/cdcdubenin
• LinkedInlinkedin.com/company/cdcdubenin

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Caisse des Dépôts et Consignations du Bénin