Togo’s Development Aid Rose 51% in 2023 to $745 Million

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Monday, 06 October 2025 13:27
Togo’s Development Aid Rose 51% in 2023 to $745 Million

(Togo First) - Togo’s financial partners provided $745.44 million in 2023 to support government development projects, a meeting in Lomé to review the 2023 Development Cooperation Report revealed last week. 

The funds were used to implement various socioeconomic initiatives under the Togo 2025 Roadmap.

 According to official data, Official Development Assistance (ODA) comprised $421.72 million in grants (56.6%) and $323.72 million in loans (43.4%).

Total funding in 2023 rose 51.2%, or $252.48 million, compared with 2022. Over 2018–2022, cumulative financing from Togo’s partners reached about $3 billion.

Bèguèdouwè Paneto, Secretary-General of the Ministry of Development Planning and Cooperation, said the strong fundraising in 2023 was the result of the government’s ambitious reforms, particularly those aimed at improving citizens’ living conditions.

He added that the results were made possible by tighter project monitoring and coordination with development partners through regular portfolio reviews.

The Ministry of Planning said the report’s approval reflects the principle of mutual accountability between the government and its technical and financial partners.

Esaïe Edoh

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