Togo’s inclusive finance fund seeks stronger impact nationwide in 2026

Finance

Wednesday, 28 January 2026 15:23

Togo’s inclusive finance fund seeks stronger impact nationwide in 2026

(Togo First) - Togo’s National Fund for Inclusive Finance (FNFI) is seeking to adapt its operations to evolving economic and social conditions. Officials from the national inclusive finance scheme held a strategy meeting in Kara from Jan. 22 to 27, 2026, aimed at revitalising the institution.

The discussions focused on reviewing how the current mechanism is functioning and identifying ways to respond to changing economic realities. The objective was to strengthen inclusive finance and ensure it contributes more effectively to equitable and sustainable economic development. At the end of the meeting, new policy directions and priorities were set for the 2026 fiscal year, with the aim of consolidating progress, improving operational efficiency, and expanding the national impact of inclusive finance programmes.

Among the main recommendations was the need for stronger coordination among stakeholders involved in the implementation and monitoring of loans. Participants also called for intensified training and outreach for beneficiaries, particularly on repayment obligations for FNFI-backed credit. They further recommended establishing regular consultation meetings to support joint action and improve access to financing, especially in the regions.

FNFI Director General Tchitchabalo Songaï N’Dassim said the meeting was an important step toward better aligning the Fund’s interventions with the economic and social changes under way in the country.

Created in 2014, the FNFI aims to strengthen the financial and operational capacity of decentralised financial services in order to serve people excluded from the traditional banking system. As of Jan. 28, 2026, the fund had disbursed cumulative loans estimated at 117.70 billion CFA francs, according to data published on its official website.

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….

ENFORCING CONTRACTS (more info)

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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 .

TRADING ACROSS BORDERS (more info)

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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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