imf-approves-109-5-million-for-togo-urges-faster-economic-reforms
Public Management - The International Monetary Fund (IMF) has approved a $109.5 million (about 62.6 billion CFA francs) disbursement to Togo under its Extended Credit...
Agriculture - Togo's National Assembly on Friday, June 26, 2026, gave final approval to legislation allowing the country to join the 1992 International Convention...
Economic governance - Togo celebrated the fourth International Micro, Small and Medium-sized Enterprises (MSME) Day last weekend. The event brought together entrepreneurs,...
Public Management - Lomé will host an extraordinary ministerial conference of the African Political Alliance (APA) on Friday, July 3, 2026, to discuss the impact of the...
Finance - The Asset Recovery Interagency Network for West Africa (ARINWA) has urged Togo to establish a national asset recovery agency and join the regional...
Finance - Togo raised CFA33 billion on the West African Economic and Monetary Union's regional debt market on Friday, June 26, 2026. The issuance, conducted through...
Investments - The World Bank Group has approved two regional financing packages totaling $323 million, with Togo among the participating countries. Approved...
Trombinoscope (UK) - Youssef Ibrahimi has served as chief executive of Bank of Africa Togo (BOA-Togo) since August 2021. The Moroccan banker has spent most of his career...
Trombinoscope (UK) - Benito Fado brings more than 25 years of banking experience, including extensive expertise in the West African Economic and Monetary Union’s (WAEMU)...
Trombinoscope (UK) - Beninese national Serge Ekue, a former executive at French financial institution Natixis, has led the West African Development Bank (BOAD) since Aug. 28,...
Trombinoscope (UK) - Lassiné Diawara, born in 1949 in Bobo-Dioulasso to a family of merchants, has served as chairman of the board of Bank of Africa (BOA Togo) since December...
Trombinoscope (UK) - Edoh Kossi Amenounve was born in Togo in 1967. He earned a master’s degree in economics from the University of Lomé in 1990, graduating first in his...
Agriculture - Togo has secured a new CFA40 billion financing package from the West African Development Bank (BOAD) for the second phase of its Agricultural...
Agriculture - Togo officially kicked off its observance of the International Year of the Woman Farmer late last week under a global initiative led by the United Nations...
Public Management - The 2026 edition of Di-Kéti, an event dedicated to entrepreneurship, innovation and business development, will take place in Lomé from July 2 to 4. The...
Economic governance - The Togolese government has expanded Cyber Defense Africa's (CDA) mandate to cover the country's drone industry. At its June 26, 2026 meeting, the Council...
Energy - The Togolese government says reduced electricity imports from Ghana and Nigeria are behind the power outages that have disrupted the country in recent...
Transport - Togo is overhauling the way it manages its road infrastructure. At its cabinet meeting on Friday, June 26, 2026, the government adopted decrees creating...
Public Management - The Togolese government, Team Europe and Eurocham Togo officially launched a tripartite dialogue on investment and the business climate in Lomé on Friday,...
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REFORMS OVERVIEW

 

 

 

 

STARTING A BUSINESS (more info)

At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms….

 

ENFORCING CONTRACTS (more info)

Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo, leveraging many efforts to improve its business climate, was able to jump significantly on the index in the recent years... .

CONTRACT EXECUTION (more info)

Creation of special chambers of commerce for small debts  • Creation of chambers of commerce at the Court of Appeal  • Civil and commercial cases now handled by distinct clerks  • Establishment of commercial courts in Lomé and Kara  • Lawyers and bailiffs now have access to the FORSETI COMMERCIAL platform • A maximum period of 100 days was fixed to settle a commercial dispute .

 

TRADING ACROSS BORDERS (more info)

In comparison to previous years,Togo has significantly improved its ranking under the“Trading across borders” indicator by adopting multiple reforms that focus mainly on the digitization and reduction in delays, for import and export procedures related to import and export.

In comparison to previous years, Togo has significantly improved its ranking on the “Trading across borders” index by adopting multiple reforms that focus mainly on the digitalization and reduction in delays, for import and export procedures related to import and export.

 

CONSTRUCTION PERMIT (more info)

After moving from the 133rd to 127th place under the 2020 Doing Business’ construction permit index, Togo intends to reiterate this feat in the coming edition of the global ranking. To this end, it has introduced this year multiple reforms.

 

GETTING ELECTRICITY (more info)

Over the past two years, Togo’s ranking under the Doing Business’ Getting electricity and water indicator has increased consistently. Owing this performance to multiple reforms aimed at making it easier for businesses to access power and water, Lomé plans to introduce even more reforms this year to keep up its improvements.

 

REGISTERING A PROPERTY  (more info)

Out of all the 'Doing Business’ indicators, Property Registration is where Togo has improved the most since 2018. Indeed, after spending years in the lowest part of this ranking, the country now seeks to beat Rwanda which is the best performer on this index in Africa. To do so, Lomé has been introducing many reforms, with the latest batch implemented this year.

 

PUBLIC PROCUREMENT (more info)

From professionalization to digitization, through legislative regulations, Togo’s public procurement framework is constantly being modernized. Several reforms have been implemented to improve the sector much to the benefit of the private sector, which is the focus of the National Development Plan.

 

PAYING TAXES AND DUTIES (more info)

To improve its business environment, Togo introduced some important reforms related to the payment of tax and duties. From the replacement of some taxes to the cancellation of others through exemptions, the country has only one objective: offer the most attractive tax framework to investors and economic operators. To achieve this, the authorities relied on digitization.

 

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