Since 2012, Togo has received about CFA126.7 billion from Germany, non-reimbursable

Investments
Friday, 04 May 2018 17:27
Since 2012, Togo has received about CFA126.7 billion from Germany, non-reimbursable

(Togo First) - Since 2012, Germany has granted Togo CFA126.7 billion, non-reimbursable. This was reported by local media Togo Presse May 3, 2018, following a meeting between Togolese and German officials in Lomé, on April 25-26.

During the meeting, participants were to assess cooperation and development programmes between both countries.  The monies mentioned above was to improve education, youth employment, health, energy, enhance agricultural and rural development, among others.

Besides these funds, Togo also received significant support from German public bank, KfW, and GIZ.

Mostly, projects that benefited most from German investments are those for renewable energies, rural electrification and extension of Lomé’s power network.

Séna Akoda

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