Togo Reviews BOAD Projects as New Regional Program Is Launched

Economic governance

Wednesday, 08 April 2026 11:30

Togo Reviews BOAD Projects as New Regional Program Is Launched

(Togo First) - The West African Development Bank (BOAD) has mobilized more than 1,100 billion CFA francs for Togo since 1973, accounting for over 10% of its total commitments across the West African Economic and Monetary Union (UEMOA). The funding spans key sectors including infrastructure, energy, agriculture and food security.

These figures are central to a four-day portfolio review that opened on Tuesday, April 7, in Lomé, bringing together officials to assess the performance of BOAD-funded investments and identify implementation bottlenecks.

The review comes at a time of transition, as BOAD’s “Djoliba 2021–2025” strategy nears completion and a new five-year program is launched, backed by a regional envelope of 6,500 billion CFA francs.

Over the week, participants will assess the implementation status of ongoing projects, review those yet to be launched and propose corrective measures to speed up execution and improve financing efficiency.

BOAD Deputy Director General Ourèye Sakho Eklo highlighted the importance of the exercise. “This review focuses on the implementation status of BOAD-financed public and private projects in Togo,” she said, stressing the need to identify constraints.

For the Togolese government, the priority is to translate funding into tangible outcomes, said Akou Mawussé Adetou Afidenyigba, a representative of the Ministry of Finance. “This review mission provides an opportunity not only to take stock, but also to jointly define a roadmap to move faster, further and more effectively,” she said.

The aim of the four-day review, she added, is to “turn financing into results, and results into sustainable development for the Togolese people.”

The meeting is expected to produce a joint roadmap to guide investments toward priority sectors while strengthening their impact on the economy.

R.E.D

REFORMS OVERVIEW

STARTING A BUSINESS (more info)

At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms….

ENFORCING CONTRACTS (more info)

Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo, leveraging many efforts to improve its business climate, was able to jump significantly on the index in the recent years... .

CONTRACT EXECUTION (more info)

Creation of special chambers of commerce for small debts • Creation of chambers of commerce at the Court of Appeal • Civil and commercial cases now handled by distinct clerks • Establishment of commercial courts in Lomé and Kara • Lawyers and bailiffs now have access to the FORSETI COMMERCIAL platform • A maximum period of 100 days was fixed to settle a commercial dispute .

TRADING ACROSS BORDERS (more info)

In comparison to previous years,Togo has significantly improved its ranking under the“Trading across borders” indicator by adopting multiple reforms that focus mainly on the digitization and reduction in delays, for import and export procedures related to import and export.

In comparison to previous years, Togo has significantly improved its ranking on the “Trading across borders” index by adopting multiple reforms that focus mainly on the digitalization and reduction in delays, for import and export procedures related to import and export.

CONSTRUCTION PERMIT (more info)

After moving from the 133rd to 127th place under the 2020 Doing Business’ construction permit index, Togo intends to reiterate this feat in the coming edition of the global ranking. To this end, it has introduced this year multiple reforms.

GETTING ELECTRICITY (more info)

Over the past two years, Togo’s ranking under the Doing Business’ Getting electricity and water indicator has increased consistently. Owing this performance to multiple reforms aimed at making it easier for businesses to access power and water, Lomé plans to introduce even more reforms this year to keep up its improvements.

REGISTERING A PROPERTY (more info)

Out of all the 'Doing Business’ indicators, Property Registration is where Togo has improved the most since 2018. Indeed, after spending years in the lowest part of this ranking, the country now seeks to beat Rwanda which is the best performer on this index in Africa. To do so, Lomé has been introducing many reforms, with the latest batch implemented this year.

PUBLIC PROCUREMENT (more info)

From professionalization to digitization, through legislative regulations, Togo’s public procurement framework is constantly being modernized. Several reforms have been implemented to improve the sector much to the benefit of the private sector, which is the focus of the National Development Plan.

PAYING TAXES AND DUTIES (more info)

To improve its business environment, Togo introduced some important reforms related to the payment of tax and duties. From the replacement of some taxes to the cancellation of others through exemptions, the country has only one objective: offer the most attractive tax framework to investors and economic operators. To achieve this, the authorities relied on digitization.