Togo: AfDB chief and President Gnassingbé review the Bank’s actions in 2022

Economic governance
Thursday, 26 January 2023 19:21
Togo: AfDB chief and President Gnassingbé review the Bank’s actions in 2022

(Togo First) - In 2022, the African Development Bank’s (AfDB) portfolio in Togo stood at CFA202.12 billion, with a disbursement rate of 61.5%.

This is one of the topics discussed last week by the Togolese President, Faure Gnassingbe, and the pan-African bank’s chief, Adesina Akinwumi talked about. The two men met last week to review the Bank’s actions in Togo over the past year, as well as its investments framed by the Country Strategy Paper 2021-2026, and its critical areas of intervention for the coming years.

The AfDB’s actions are aimed at bolstering the institutional framework and economic development of Togo, by funding programs and projects in the transportation, social, energy, and agriculture sectors. The Bank wants to better support the Togolese economy, backing projects that are part of the government’s roadmap. 

Let’s recall that the AfDB’s new administrator in Togo took office in September 2022. 

Ayi Renaud Dossavi

To contact us: c o n t a c t [@] t o g o f i r s t . c o m

Please publish modules in offcanvas position.