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Brazil will lend Benin 20 billion CFA francs ($40 million) to build a 77-kilometer (48-mile) road between Ketou and Save in the central part of the West African nation, President Thomas Boni Yayi said.
Brazil also agreed to build a factory for generic drugs in the region and state-controlled oil producer Petroleo Brasileiro SA (PETR4) plans to start offshore exploration, he told reporters today after returning from a trip to the South American nation.
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