Egypt’s Orascom Group explores investment opportunities in Togo

Economic governance
Wednesday, 11 March 2026 02:04
Egypt’s Orascom Group explores investment opportunities in Togo

(Togo First) - Egypt's Orascom Group, led by billionaire Naguib Sawiris, who ranked seventh on Forbes’ 2025 list of Africa’s wealthiest individuals, is moving closer to entering the Togolese market. Togolese Minister of Investment Promotion Arthur Lilas Trimua said on Tuesday, March 10, 2026, that he met with the Egyptian businessman in Lomé to discuss potential investments in the country.

Orascom, whose activities span telecommunications, emerging technologies, media and construction, has been targeting the Togolese market for several years. In 2019, the conglomerate secured $170 million in financing from the African Export-Import Bank to support its expansion across Africa.

As part of this expansion strategy, the group’s founder and his team are exploring several projects in Togo in which they could partner. While the sectors under consideration have not yet been disclosed, Togolese authorities see the discussions as a sign of growing interest from international investors in the country’s economic prospects.

Operating in several regions worldwide, Orascom Development Holding has spent decades delivering large-scale projects in infrastructure, tourism, real estate and energy. A potential entry into Togo could strengthen the country’s appeal to foreign investors and create new jobs, particularly for young people.

A major player in telecommunications, the group also made history in Egypt when it launched Mobinil in 1998, the country’s first mobile network operator.

Esaïe Edoh

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