Togo adopts new strategy to mobilize diaspora investment

Economic governance

Tuesday, 28 April 2026 17:51

Togo adopts new strategy to mobilize diaspora investment

(Togo First) - Togo has confirmed plans to more systematically harness the economic contribution of its diaspora. Authorities last week approved a new national strategy in Lomé to mobilize and engage Togolese abroad, updating a framework first introduced thirteen years ago.

The strategy aims to turn a largely untapped and fragmented resource into a structured development lever. It was developed with support from the International Organization for Migration (IOM) and the African Development Bank (AfDB) under the SDE4R project, titled “Streamlining Diaspora Engagement to Catalyze Private Investment and Entrepreneurship for Enhanced Resilience.”

The initiative is designed to boost private investment, entrepreneurship and economic resilience by leveraging diaspora resources.

The government plans to better align financial flows, expertise and networks from Togolese abroad with national priorities. Target sectors include entrepreneurship, innovation, agriculture and the financing of productive projects.

“It is about planning and structuring how both the government and the diaspora contribute to the country’s development,” said Edem Komi Amoudokpo, director of Togolese abroad.

A national diaspora registry has also been launched to map skills, expertise and investment capacity among nationals overseas.

According to official estimates, nearly one million Togolese were living abroad at the end of 2022, though other sources put the figure as high as 1.5 million. This population represents a significant source of remittances, real estate investment, trade and business creation.

As part of this effort, Togo is drawing on the experience of countries such as Morocco, Senegal and Mali, which have established dedicated mechanisms to engage their diaspora communities.

R.E.D

REFORMS OVERVIEW

STARTING A BUSINESS (more info)

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….

ENFORCING CONTRACTS (more info)

Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo, leveraging many efforts to improve its business climate, was able to jump significantly on the index in the recent years... .

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 .

TRADING ACROSS BORDERS (more info)

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

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)

After moving from the 133rd to 127th place under the 2020 Doing Business’ construction permit index, Togo intends to reiterate this feat in the coming edition of the global ranking. To this end, it has introduced this year multiple reforms.

GETTING ELECTRICITY (more info)

Over the past two years, Togo’s ranking under the Doing Business’ Getting electricity and water indicator has increased consistently. Owing this performance to multiple reforms aimed at making it easier for businesses to access power and water, Lomé plans to introduce even more reforms this year to keep up its improvements.

REGISTERING A PROPERTY (more info)

Out of all the 'Doing Business’ indicators, Property Registration is where Togo has improved the most since 2018. Indeed, after spending years in the lowest part of this ranking, the country now seeks to beat Rwanda which is the best performer on this index in Africa. To do so, Lomé has been introducing many reforms, with the latest batch implemented this year.

PUBLIC PROCUREMENT (more info)

From professionalization to digitization, through legislative regulations, Togo’s public procurement framework is constantly being modernized. Several reforms have been implemented to improve the sector much to the benefit of the private sector, which is the focus of the National Development Plan.

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.