In an interview with the newspaper Matin Libre, the Director General of the National Agency for the Supervision of Decentralized Financial Systems (Anssfd) provided some clarifications on the measure to ban the "adogbe" tontine in Benin.

Last March, the Beninese government issued a decree to prohibit the illegal collection of public savings commonly known as "Adogbè". According to Louis Biao, the "Adogbè" tontine occupies an important place in the national economy that needs to be controlled.

Thus, the ban "targets promoters who have not received approval and not the activity itself. The Post Office, insurance companies, banks, decentralized financial systems and microfinance institutions collect savings and can therefore "make 'Adogbè' which is a savings product," he continued.