IMF Reviews Economic Benefits of Adétikopé Industrial Platform

Economy

Thursday, 21 May 2026 10:36

IMF Reviews Economic Benefits of Adétikopé Industrial Platform

(Togo First) - An International Monetary Fund (IMF) delegation visited Togo’s Adétikopé Industrial Platform (PIA) last week to meet with stakeholders and assess the platform’s contribution to the economy.

Discussions focused on the platform’s role in addressing some of Togo’s structural economic challenges, particularly export diversification and improvements to the business environment. PIA officials highlighted several competitive advantages, including simplified administrative procedures through a dedicated one-stop shop for business registration.

The platform also provides purpose-built infrastructure that helps lower production costs, a longstanding obstacle to industrialization across Africa. Officials said the site is helping develop competitive value chains across sectors including agri-processing, textiles and construction materials.

At the end of the visit, the IMF welcomed the progress made, pointing in particular to the emergence of a local subcontracting ecosystem and growing investment in workforce training. The institution said these developments could help strengthen the country’s economic resilience by supporting skilled job creation and improving Togo’s attractiveness to investors.

The visit also gave the IMF an opportunity to assess Togo’s efforts to expand domestic processing, increase value addition and promote exports.

Togo is currently implementing a 42-month Extended Credit Facility (ECF) program with the IMF aimed at supporting fiscal consolidation, reducing debt vulnerabilities and strengthening the macroeconomic framework. In that context, the visit is viewed as a positive signal that could reinforce the institution’s confidence in the country’s reform agenda.

Esaïe Edoh

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.