Togo Projects 2026 Mining Royalties At 10.38 Billion CFA Francs

Mining

Monday, 19 January 2026 16:45

Togo Projects 2026 Mining Royalties At 10.38 Billion CFA Francs

(Togo First) - Togo expects to raise 10.38 billion CFA francs in mining royalties in 2026, according to revenue forecasts for the 2026-2028 period.

This amount is projected to increase to 12.48 billion CFA francs in 2027 and reach 13.62 billion CFA francs in 2028. Over the three-year period, revenue from mining royalties is forecast to rise by nearly 31%, based on the projections. This suggests a gradual increase in the mining sector’s contribution to public finances over the next three years.

However, these royalties would still be below recent collections, and mining has historically generated modest revenue, making only a limited contribution to the state budget. Available data show total mining revenue amounted to about 19.84 billion CFA francs in 2021.

Despite the relative growth expected from 2026 to 2028, mining royalties remain very small compared with total expected budget revenue, which is projected to exceed 1,600 billion CFA francs in 2026.

Togo’s mining sector is dominated by phosphate. Production exceeded 1.5 million tonnes in 2022, and the mineral has been mined for decades as the country’s main mineral export. Togo also has limestone and clinker deposits used in the cement industry, as well as gold and diamond resources that are not yet produced commercially.

Alongside these resources, authorities are also banking on new projects. These include the Nayega manganese mine in the northern part of the country. With potential output of several hundred thousand tonnes per year at full capacity, the mine is expected to be one of the main growth drivers for the Togolese mining sector.

Ayi Renaud Dossavi

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