Togolese government takes further steps to operationalize new funds for culture promotion

Culture
Thursday, 12 May 2022 16:51
Togolese government takes further steps to operationalize new funds for culture promotion

(Togo First) - Gathered for their weekly council on May 11, Togolese ministers issued a decree that defines the structure and functioning of the new National Fund for Culture Promotion  (FNPC), formerly the Culture Support Fund or FAC launched in 2013.

The fund will aim “to bolster the cultural value chain through the professionalization of the sector and the emergence of true cultural and creative industries, sources of wealth and employment,” the council’s statement reads.

In the long run, the new fund which will finance cultural actors, rather than “support” the sector, should help establish a real cultural industry in Togo. It will do so by, notably, focusing on initiatives that have socioeconomic potential.

Moreover, the FDNC, designed a few weeks ago, should have a wider range of interventions, and more resources for its operations.

The FAC was established to rehabilitate and reinforce cultural equipment and infrastructure in Togo. In 2019, it allocated CFA600 million to nearly 250 projects and 300 million in 2021 for 512 projects.

Ayi Renaud Dossavi

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