XOF9 billion invested in the craftsmanship industry over the last decade

Economic governance
Tuesday, 11 February 2020 13:52
XOF9 billion invested in the craftsmanship industry over the last decade

(Togo First) - Between 2011 and 2019, a total of nine (9) billion CFA francs was invested in the craftsmanship sector in Togo, to create jobs and wealth. 

At the end of 2019, 11,300 projects and 10,500 young artisans were financed in this industry, under various mechanisms. Over the period reviewed, 25,000 artisans, out of 60,000 registered, received training aimed at professionalizing and developing their craft. 

An important milestone in developing the sector was the creation of centers for artisanal resources. The project which was led by the government mobilized an investment of nearly XOF950 million. 

Other initiatives include a project aimed at providing health insurance to more than 100,000 artisans and their beneficiaries by 2022, or the organization of the very first international fair for craftsmanship (Miato). The latter aimed to “foster true artisanal businesses and make Togo’s tourism industry more attractive.” 

Séna Akoda

togofirst mobile

 
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