2024 was a very active year for Louvain Coopération. Our organisation was strengthened by the merger with Geomoun and Rotary Clubs for Development. These mergers enabled us to increase our activities (+€1.3 million) in new areas and our impact on beneficiary populations. We are now present in Haiti and have expanded our activities to Benin and the DRC.
Our equity has also been strengthened (+€0.4 million), giving us a more solid financial footing. Louvain Coopération's activities continued to grow in 2024, mainly in Burundi with our PASCALE B biodiversity project and SESA project on the cassava value chain (+€0.7 million). We were also fortunate to begin a collaboration with the If! Foundation, which will strengthen and expand the work we are doing in northern Benin on access to healthcare.
In accordance with the new regulations in the OHADA countries where we operate (Benin, Togo, Democratic Republic of Congo), we have worked to implement the standards imposed by the Accounting System for Non-Profit Entities (SYCEBNL).