Togo, Algeria Step Up Efforts to Deepen Economic Ties

Economic governance
Tuesday, 11 November 2025 06:11
Togo, Algeria Step Up Efforts to Deepen Economic Ties

(Togo First) - Togo and Algeria are preparing to strengthen economic cooperation, particularly in agribusiness, energy, logistics, and services. The initiative is being led by the Togo Chamber of Commerce and Industry (CCI-Togo) and the Algerian Employers’ Organization (OPA), which seek to build a structured partnership between the two countries’ private sectors.

Potential areas of collaboration were discussed at a meeting in Lomé last week between the two organizations. The Algerian delegation, headed by OPA President Sidi Saïd, met with CCI-Togo President José Kwassi Syemenouh to review investment conditions in Togo and the support mechanisms available to help foreign businesses establish and expand operations.

The two sides plan to leverage existing industrial zones, connect private sector actors, promote cross-investment, and create a more competitive business climate. These efforts are aimed at deepening trade and economic ties between Lomé and Algiers.

According to United Nations Comtrade data, trade between the two nations remains limited. In 2024, Togo’s exports to Algeria were valued at around $506,000, while imports from Algeria totaled nearly $2 million.

As part of ongoing efforts to boost bilateral relations, both governments began talks almost four years ago on lifting diplomatic and service visa requirements and establishing an Algerian-Togolese Business Council to encourage cross-border investment.

Esaïe Edoh

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