A credit facility has been launched to boost bread production in Togo

Economic governance
Tuesday, 03 November 2020 14:33
A credit facility has been launched to boost bread production in Togo

(Togo First) - The National Agency for the Promotion and Guarantee of Financing to SME and SMIs (ANPGF), the Artisans Savings and Loans Cooperative (CECA), and Togo’s General Society of Windmills (SGMT) sealed last week a partnership to launch a credit line for bread makers in Togo. 

With this facility, bakers will be able to get loans at favorable rates, enabling them to purchase modern equipment and the ingredients they need. According to the ANPGF, they will also benefit from technical support and training sessions. 

In fine, the three partners aim to boost Togo’s bread production and speed up the professionalization of the sector’s actors. 

Séna Akoda

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