AfDB Grants Togo Share of $5.3 Million to Boost Public-Private Partnerships

Economic governance
Monday, 11 August 2025 14:59
AfDB Grants Togo Share of $5.3 Million to Boost Public-Private Partnerships

(Togo First) - • Togo will receive part of a $5.3 million AfDB grant alongside Gambia, Guinea-Bissau, and Madagascar.
• The program aims to improve PPP regulation, local private sector participation, and project management.
• Funds come from AfDB’s Transition Support Facility.

The African Development Bank (AfDB) will provide Togo with support under a $5.3 million grant shared with Gambia, Guinea-Bissau, and Madagascar. The grant, worth nearly CFA3 billion, comes through the AfDB’s Transition Support Facility. It targets the strengthening of public-private partnerships (PPPs) to attract more private investment.

The project will focus on improving the regulatory and institutional framework for PPPs, boosting local private sector participation, and creating an efficient project management unit.

Solomon Quaynor, AfDB Vice President, said the program “aligns with the three pillars of the PPP strategic framework and will contribute to its full operationalization.”

For Togo, the project will deliver technical and institutional support. It offers a fresh opportunity to consolidate the country’s already reform-oriented legal and operational framework, especially in infrastructure, energy, and public services.

This article was initially published in French by Ayi Renaud Dossavi

Edited in English by Ange Jason Quenum

 

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