Togo's President Seeks Investment Opportunities in South Korea

Economic governance
Thursday, 06 June 2024 16:25
Togo's President Seeks Investment Opportunities in South Korea

(Togo First) - Togo's President Faure Essozimna Gnassingbé met with South Korean business leaders during the Africa-Korea Summit in Seoul, highlighting investment opportunities in his country.

The Togolese leader met with Cho Chaeho, Chairman of the Korean National Agricultural Development Authority, to discuss future collaboration in the agricultural sector. Togo's integration into the Korea-Africa Food and Agriculture Cooperation Initiative (KAFACI) would provide technical support, particularly in the rice sector. A delegation of KAFACI officials will visit Togo soon to put this collaboration into practice.

Discussions also focused on potential investments in the digital economy and environmental sectors. President Gnassingbé met with officials from the Korea-Africa Foundation and the Korea International Cooperation Agency (KOICA) to discuss Togo's ambitions in these areas.

Projects linked to sustainable environmental management were also discussed with representatives of the Green Climate Fund and the Korean company SEJIN G&E. The talks centered on support for government policies on climate change resilience, environmental remediation, and waste-to-biogas conversion.

These exchanges pave the way for future collaboration between Togo and South Korea, which already enjoy excellent relations.

Esaïe Edoh

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