In 2019, young and female entrepreneurs landed nearly XOF30 billion worth of public contracts

Economic governance
Wednesday, 15 July 2020 14:28
In 2019, young and female entrepreneurs landed nearly XOF30 billion worth of public contracts

(Togo First) - Last year, youth and female entrepreneurs won around XOF30 billion of public contracts. This is compared to 12 billion the year before - which was the first year the Togolese government made effective its decision to set aside 20% of all its contracts to this group of entrepreneurs. 

The figure was disclosed recently by the minister of youth, Victoire Tomégah-Dogbé, in a Facebook live. On the same occasion, she lauded a greater consumption of made in Togo products across the country and the improvements in the quality and packaging of these products. She also noted the government’s commitment to supporting young entrepreneurs. 

Let it be recalled that from 20% initially, the quota of public contracts reserved for young and women entrepreneurs was raised to 25% in 2019. 

Séna Akoda

togofirst mobile

 
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