Togo: MIFA is now a public limited company

Economic governance
Friday, 08 February 2019 18:30
Togo: MIFA is now a public limited company

(Togo First) - The Mechanism Promoting Agricultural Financing (MIFA) in Togo is now a public limited company. This was revealed February 7, 2019, following a council of ministers held the same day.

MIFA’s new structure is based on a private-public partnership and should better meet expectations of agricultural actors and its partners.

Refering to the decree making the MIFA a PLC, the council of ministers declared: “The present decree confirms the creation of an appropriate framework, promoting investment in the private sector”.

This decision comes a few weeks after a work session between the MIFA’s coordination team and the BOAD. On this occasion, the regional bank had agreed in principle to support the scheme.

Séna Akoda  

 
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