Togo: German businessmen discuss investment opportunities with local firm, Calafi Sarl

Economic governance
Wednesday, 01 March 2023 02:25
Togo: German businessmen discuss investment opportunities with local firm, Calafi Sarl

(Togo First) - A German delegation met with executives of the Calafi Sarl, a Togolese firm active in technology transfer, clean energy, and agribusiness. The meeting was held in Togo on February 27. 

The two sides discussed investment opportunities in Togo, especially in agriculture and financing in the sector. The talks mostly covered promising sub-sectors like organic soybeans, and pineapples, but also planned agricultural development zones (ZAAP), agropoles, irrigation policies, agricultural land development, and mechanization projects.

Regarding financing, Lambert Nayanté,  director of Calafi Sarl, said: “reflections are underway to support the authorities’ efforts to motivate youths to return to the land.”

The head of the german delegation, Andreas Bonacina, chief of Investic Holding, responded:  “Our ambition is to support the mechanization of agriculture, to support agricultural initiatives, to bring German technologies to make Togolese agriculture sustainable, self-sufficient and resilient.”

Recently, three other foreign delegations of businessmen–from France, Turkey, and the UK–were also in Togo. The Togolese government initiated the meetings to promote the merits and attractiveness of Togo and secure investments. 

Esaïe Edoh 

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