Togo: In 2018, women and young entrepreneurs secured CFA10bn worth of public procurements  

Economic governance
Tuesday, 05 March 2019 15:49
Togo: In 2018, women and young entrepreneurs secured CFA10bn worth of public procurements  

(Togo First) - Last year, women and young entrepreneurs captured CFA10 billion worth of public procurements. This results from a presidential measure announced in 2018 to provide 20% of all public procurements to this group of individuals.

The figure was disclosed by Victoire Tomégah-Dogbé, who heads the task force in charge of public procurements in Togo.

The amount captured, though substantial, is far below initial expectations, knowingly CFA40 billion. However, women obtained CFA3.3 billion worth of contracts out of CFA10 billion secured.

According to Tomégah-Dogbé, women entrepreneurs must make more efforts this year and in the coming years to secure at least 50% of revenues derived from public procurements. 

Séna Akoda

togofirst mobile

 
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