SEA Foundation provides young agripreneurs with tricycles for easier market access

Economic governance

Wednesday, 24 September 2025 18:02

SEA Foundation provides young agripreneurs with tricycles for easier market access

Highlights

Five tricycles handed over to young agricultural entrepreneurs to ease transport of produce.
Equipment reduces costs and helps increase financial capacity for small-scale producers.
Initiative is part of SEA Foundation’s broader program supporting youth in agribusiness, with UNDP as a partner.

Under one of its agribusiness incubation programs, the Sheyi Emmanuel Adebayor Foundation (SEA Foundation) delivered five three-wheeled vehicles to young agripreneurs last week.

The vehicles will help recipients move their produce to markets with more ease. The move addresses a common challenge for young producers whose sales are slowed by transportation difficulties. One of the recipients, Essognim Louka, an agripreneur from the program’s second cohort, said, “This tricycle will significantly reduce my transportation costs and therefore increase my financial capacity.”

The SEA Foundation has also supported participants through training in agriculture, project structuring, business management, and the development of income-generating activities along agricultural value chains. While the tricycles mark the completion of one stage, ongoing monitoring of beneficiaries will continue.

Supported by partners including the United Nations Development Program (UNDP), the initiative aligns with the Foundation’s vision of making agricultural entrepreneurship a key driver of youth employment in Togo, with regular training provided in the Plateaux region.

Esaïe Edoh

REFORMS OVERVIEW

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At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms….

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CONTRACT EXECUTION (more info)

Creation of special chambers of commerce for small debts • Creation of chambers of commerce at the Court of Appeal • Civil and commercial cases now handled by distinct clerks • Establishment of commercial courts in Lomé and Kara • Lawyers and bailiffs now have access to the FORSETI COMMERCIAL platform • A maximum period of 100 days was fixed to settle a commercial dispute .

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In comparison to previous years, Togo has significantly improved its ranking on the “Trading across borders” index by adopting multiple reforms that focus mainly on the digitalization and reduction in delays, for import and export procedures related to import and export.

CONSTRUCTION PERMIT (more info)

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PUBLIC PROCUREMENT (more info)

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PAYING TAXES AND DUTIES (more info)

To improve its business environment, Togo introduced some important reforms related to the payment of tax and duties. From the replacement of some taxes to the cancellation of others through exemptions, the country has only one objective: offer the most attractive tax framework to investors and economic operators. To achieve this, the authorities relied on digitization.