Togolese authorities improve traceability to boost soybean export revenues

Agriculture
Tuesday, 20 October 2020 14:18
Togolese authorities improve traceability to boost soybean export revenues

(Togo First) - The new soybean commercialization campaign was just launched and it will close in July 2021. 

In the previous season, soy exports generated nearly FCFA50 billion, a figure the interprofessional soybean council aims to exceed. It plans to do so by better tracking revenues generated, and subsequently, transparency while purchasing for export. 

In parallel, the body also wants to increase the country’s output. The latter stood at 176,100 t (organic and non-organic) in the 2019-2020 campaign. 

It’s worth noting that the soybean sector is booming in Togo and the country is even the leading exporter of organic soy to the EU. Regarding job creation, during the previous season, hundreds of thousands of jobs (temporary and permanent) were created in the sector. 

Séna Akoda

 
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