EBID ready to back Togo’s 2018-2022 national development plan

Economic governance
Wednesday, 11 March 2020 15:33
EBID ready to back Togo’s 2018-2022 national development plan

(Togo First) - ECOWAS bank of investment and development, EBID, is willing to support Togo in the implementation of its 2018-2022 national development plan (PND 2018-2022). 

Indeed, the bank’s new chief, Agyekum Nana Donkor, who recently met with Togolese President Faure Gnassingbé, declared that “the strategic axes of the PND fall under our area of intervention. We are ready to help Togo achieve this ambitious plan. We will work on that, not only in the interest of the Togolese people alone but for the whole Ecowas region,” he added. 

The PND, let’s recall, aims at making Togo a logistics hub and a top-class business center in West Africa. Its second axis focuses on creating local hubs for agricultural processing, manufacturing, and mining while its third axis is aimed at fostering social inclusion. Overall, the plan will need an investment of XOF4,622 billion, 65% of which are to come from the private sector. 

Séna Akoda

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