Togo and World Bank Review $1.5 Billion Partnership in Abu Dhabi

Economy

Wednesday, 12 November 2025 07:13

Togo and World Bank Review $1.5 Billion Partnership in Abu Dhabi

President Faure Gnassingbé and World Bank Vice President Ousmane Diagana reviewed the Togo–World Bank cooperation in Abu Dhabi on November 10.
The Bank plans to mobilize over $1.5 billion for Togo between 2025 and 2029.
Ongoing projects in energy, agriculture, and human development are progressing “very satisfactorily,” according to Diagana.

Togo’s President of the Council Faure Gnassingbé met on Monday, November 10, with Ousmane Diagana, Vice President for Western and Central Africa at the World Bank Group, in Abu Dhabi. The meeting took place on the sidelines of the Chad Trade and Investment Forum and focused on reviewing the current state of cooperation between Togo and the Bretton Woods institution.

Discussions centered on evaluating ongoing World Bank–financed projects in Togo. “Our discussions showed that the programs underway are progressing very satisfactorily,” Diagana said after the meeting.

The projects span key sectors of the Togolese economy, aiming to foster development, create jobs, and improve living conditions.

Among the flagship initiatives is Mission 300, a regional program designed to accelerate electrification across Africa and make energy access more reliable, affordable, and sustainable.

Togo, which targets universal access to electricity by 2030, already benefits from strong World Bank support in implementing its national electrification strategy.

The agricultural sector remains a major focus of the partnership. Togo is among the main beneficiaries of agricultural value chain strengthening programs, notably through the Togolese Agricultural Modernisation Programme (ProMAT).

ProMAT helps farmers increase productivity, improve crop value, enhance food security, and boost income both locally and through exports.

Beyond agriculture and energy, the World Bank also supports Togo in human capital development, including education, health, and social protection.

Under the 2025–2029 Country Partnership Framework, the institution plans to mobilize more than $1.5 billion to fund structural projects in priority areas such as agriculture, energy, and the development of secondary cities.

This renewed commitment reflects the World Bank’s growing confidence in Togo’s reform agenda and its progress toward sustainable, inclusive growth.

This article was initially published in French by Esaie Edoh

Adapted in English by Ange Jason Quenum

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.