Investment: A Canadian business delegation visits Togo to explore opportunities in the mining, energy, and port sectors

Economic governance
Thursday, 23 March 2023 17:16
Investment: A Canadian business delegation visits Togo to explore opportunities in the mining, energy, and port sectors

(Togo First) - A delegation of Canadian businesspeople is currently in Togo, exploring opportunities the West African country has to offer. The visit falls under the “Promoting the Togo destination” initiative carried out by Togolese authorities. 

Most of the Canadian businessmen of the delegation are from New Brunswick province. They were led by Gaëtan Thomas, President and General Manager of the Economic Council of the said province. They visited the IFAD-Building in Adidogomé, the Industrial Platform of Adétikopé (PIA), and the Autonomous Port of Lomé (PAL).

After meeting with Togolese government officials, local employers’ associations, and actors of the private sector, the Canadians announced upcoming investments in Togo’s port, mining, environment, and energy sectors.

The investments should bolster the relationship between Togo and Canada, in a context where bilateral trade between both nations was valued at about $65.2 million in 2021, according to data from the Canadian government. That year, Canada exported $51.5 million worth of goods to Togo and imported $13.8 million worth of goods from the African country.

Esaïe Edoh 

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