In Benin, the regulatory framework for the decentralized finance sector is governed by law n ° 2012-14 of March 21, 2012 regulating SFDs in the Republic of Benin and its Application decree n ° 2012-410 of 06 November 2012. As of December 31, 2019, the decentralized finance sector in Benin is composed as follows: 03 networks of approved basic funds (FECECAM, UNACREP and RENACA);30 mutualist or cooperative type SFDs approved and not affiliated to a network;19 SFD of associative form;06 SFD is a private company type Société Anonyme (SA);54 MFIs in mutual or cooperative form approved and affiliated to the networks (FECECAM and RENACA). Download Directory Here