Togo: World Bank reiterates its will to finance the PND

Economic governance
Tuesday, 23 July 2019 17:59
Togo: World Bank reiterates its will to finance the PND

(Togo First) - “Togo can count on the World Bank’s permanent support. We will continue backing its national development plan to foster inclusive growth, by improving business climate and boosting entrepreneurship in the country.” These were the words of Coralie Gevers, the new head of operations of the World Bank in Togo, during a visit in Lomé. 

The statement falls in line with a commitment by the Bretton Woods institution to align its partnership framework agreement with Togo’s 2018-2022 national development plan. Already, let’s recall, the World Bank has in the country a portfolio of 17 projects valued at $385 million.

During her visit, Gevers was at Africa Global Recycling (AGR) and the Lomé Container Terminal (LCT). The LCT was, it should be recalled, financed by the IFC, World Bank’s arm which finances the private sector. AGR, is a local startup which recently joined the IFC’s local champion program.

Séna Akoda

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