Between 2020 and 2024, Togo strengthened its local diplomacy through 52 decentralized cooperation agreements, 39 of which remain active. These partnerships, involving 38 of the country’s 117 municipalities, have helped mobilize around CFA1.2 billion, according to a report endorsed last week in Témédja (Amou 3).
The report, developed in collaboration with Germany’s ProDeG IV program, offers a detailed overview of the partnerships between Togolese and international local governments.
One key highlight is that 52% of the active agreements fall under South-South cooperation, reflecting a shift toward more geographically diverse partnerships.
The report also identifies structural challenges, including the need for better transparency in fund management, improved technical resources for local governments, and a clearer role for the Ministry of Decentralization.
“We must strengthen inter-municipal solidarity and better equip our communes to meet citizens’ expectations,” said Dadja Maganawè, Governor of the Plateaux Region.
Launched in 2019, Togo’s decentralization process continues to emerge as a strategic tool for boosting local development and fostering innovation in governance.
Togo recorded the sharpest decline in public debt among West African Economic and Monetary Union (WAEMU) member states during the first half of 2025. Data from UMOA-Titres, the regional agency in charge of facilitating the issuance of public securities in the WAEMU region, showed Togo's outstanding debt stood at 1,959.50 billion CFA francs by the end of June, a 2.90 percent decrease from December 2024.
This trend stands in contrast to the broader regional dynamic. Over the same period, countries like Senegal saw their debt stock increase by 5.71 percent, while Benin's rose by 2.28 percent and Côte d'Ivoire's by 1.46 percent. Niger was the only other country to report a decline, at 0.93 percent, though to a lesser extent than Togo.
The drop is primarily due to fewer new debt issuances combined with accelerated repayments. Between January and June, Togo raised 318.76 billion CFA francs, a 32 percent drop from 468.75 billion CFA francs during the same period last year. Concurrently, repayments increased by 39 percent, from 322.55 billion to 448.30 billion CFA francs.
This net debt reduction of over 129 billion CFA francs aligns with the national debt management strategy, which aims to rebalance the portfolio structure. Currently, domestic debt makes up 57.67 percent of the total stock, representing 39.89 percent of GDP. By the end of 2025, authorities aim for a more balanced split, targeting 55 percent external debt and 45 percent domestic debt. This shift would allow for longer repayment maturities and access to more favorable financial terms through concessional or semi-concessional loans from partners such as the World Bank, BOAD, or AfDB.
One persistent challenge, however, is the dominance of short-term securities in the domestic debt portfolio. As of late June, 89 percent of Togo's debt on the regional market consisted of Treasury Bills, or BAT, with maturities under one year. Only 11 percent were Treasury Bonds, or OAT, which have longer durations. This profile creates significant refinancing pressure in a regional environment characterized by rising interest rates.
This vulnerability is evident in Togo's yield curve. Returns climb as high as 8.04 percent on one-year securities before falling on longer maturities, settling around 6 percent for five to ten-year bonds. This unusual configuration indicates both investor nervousness in the short term and a more moderate, or confident, appetite for long-term investments.
While the decrease in outstanding debt is seen as positive from a budget management perspective, it remains uncertain whether the government can sustain this trajectory through the second half of the year.
Fiacre E. Kakpo
More than 80 leaders of Togolese companies from sectors like agro-industry, services, commerce, and technology took part in an artificial intelligence (AI) training session in Lomé from July 1 to 3. The Chamber of Commerce and Industry of Togo (CCI-Togo) organized the program to help executives adapt to rapid technological change.
CCI-Togo said AI is shaking up traditional business models and demands that companies both adapt technologically and plan strategically. The training aimed to demystify AI and encourage Togolese leaders to adopt it in their operations.
Participants learned the basics of AI in business through real-world examples. Topics included choosing the right technologies, organizing data, and integrating tools like ChatGPT into workflows.
Speaking at the event, CCI-Togo President José Symenouh urged business leaders to “intelligently and sovereignly adopt AI technologies to guarantee companies a place in the economy of the future.”
CCI-Togo plans to expand the training program to other regions and sectors to promote inclusive and sustainable digital transformation throughout Togo’s entrepreneurial landscape.
This article was initially published in French by Esaïe Edoh
Edited in English by Ange Jason Quenum
With cotton production declining and farmers aging, Togo is banking on an ambitious push to revive the sector. The goal is to exceed 92,500 tons in the next season. But unpredictable weather, a lack of young workers, and rising competition from other crops make the outcome far from certain.
After two difficult seasons, Togo hopes to revive its struggling cotton industry. For the 2024-2025 season, cotton farmers have set an ambitious target of producing 92,500 tons of seed cotton, a more than 50% increase from the last harvest. But this goal comes with major challenges for a sector weakened by pests, climate shocks, and declining participation.
Last season, production reached just 60,500 tons, despite slight yield improvements at 797 kilograms per hectare. The number of cotton farmers continues to fall, with only 76,000 growers involved this season compared to 111,000 in 2020-2021.
“The farming population is aging, young people are turning away. The entire cotton sector is at risk,” warned Koussouwè Kourouféi, president of the National Federation of Cotton Producers (FNGPC).
In response, authorities have launched the planting season earlier to take advantage of favorable weather conditions. So far, 118,000 hectares have been sown, the highest figure in five years. But expanding land alone is not enough. The government has introduced a stronger recovery plan, including training for 120,000 farmers, expanded irrigation, support for mechanization, and the introduction of regenerative agriculture practices. Public-private partnerships are also being explored to support these efforts.
Another key measure is maintaining the purchase price of seed cotton at CFA300 per kilogram, despite global price pressures. After three years of decline, world cotton prices have fallen another 14% in 2024. The government will also continue input subsidies to reduce production costs for farmers.
However, the structural challenges remain significant. Togo’s cotton production is now half of what it was in 2017, when output exceeded 135,000 tons. The initial promise of reaching 200,000 tons after the privatization of NSCT seems out of reach today. Unlike Benin and Burkina Faso, which have doubled production in five years, Togo is still struggling to reverse the decline.
Several persistent headwinds threaten the recovery. Weather risks, such as droughts or heavy rains, can derail even the best-organized efforts. Pest infestations also continue to damage crops despite awareness campaigns.
Farmers are increasingly shifting to food crops like maize, soybeans, and yams, which offer faster returns and lower risks. “Cotton pays less, requires more work, and payments often arrive late. It is no longer motivating,” said a young farmer from the Central region during a FOPAT meeting.
Soybeans, in particular, are gaining ground due to strong international demand and the expansion of local processing units, which now provide more stable and better-paying outlets.
Governance issues also cloud the sector’s future. Olam, the private partner managing NSCT, has provided little clarity on its long-term commitments. Some question the industrial strategy and real investment in local processing.
The dream of building a fully integrated cotton value chain, from farm to finished textiles, remains unfulfilled. Still, hopes have been renewed with the launch of Togo’s first textile factories this month under the Industrial Platform of Adétikopé (PIA). This industrial shift is still at an early stage and will need to demonstrate its ability to absorb national production and generate competitive local value.
Beyond production volumes, the entire appeal of cotton farming is under threat. With lower profitability, tough labor, and uncertain income, young people are turning away from cotton.
“The model needs to be rethought, or we risk reaching a dead end,” said one agriculture official.
Whether Togo can meet its 92,500-ton goal depends on favorable rainfall, mobilization of producers, and the sector’s ability to reinvent itself. Behind this production target lies the future of Togo’s cotton industry and the livelihoods of thousands of farmers.
Article originally written in French by Fiacre KAKPO
Edited in English by Firmine AIZAN
On Friday, July 4, in Lomé, Togo, Benin, Burkina Faso, Côte d’Ivoire, and Ghana officially adopted and signed a joint declaration on national security and refugee protection. The signing took place on the second day of the ministerial meeting of the Regional Dialogue on the subject, held in the Togolese capital.
The initiative, launched in March 2024 by the five countries with support from the United Nations High Commissioner for Refugees (UNHCR), was designed to respond to the growing challenges faced by each state. Since the worsening of the security and humanitarian situation in the Sahel, these nations have grappled with population influxes and increasing risks of destabilization. The goal was to address concrete measures for reconciling national security imperatives with refugee protection.
Lomé Declaration Boosts Refugee Safeguards
The Lomé Declaration is the result of more than a year of continuous dialogue among the five countries on various issues related to forced displacement. It enshrines a series of recommendations and commits the signatories to implement them. Specifically, the multi-party agreement includes reinforcing the principle of non-refoulement, establishing simplified procedures for refugee status recognition, empowering refugees through access to essential services, and enhancing national and sub-regional coordination, particularly regarding nomadic refugee populations.
Regional Leaders Urge Action
“The Lomé Declaration calls us to action. Let it be a flame that lights our steps, a vow we carry in our hearts and in our deeds,” urged Kodjo Adedze, President of the National Assembly and representative of the President of the Council, following the signing of the document by the ministers responsible for security and the interior from each country.
“We reaffirm our commitment to better human security for refugees and host communities,” stated Barrie Freeman, Deputy Special Representative of the UN Secretary-General for West and Central Africa (UNOWAS), who was also present at the event.
In Togo, the Ministry of Higher Education is intensifying its focus on research and innovation, as demonstrated during a recent B2B meeting in Lomé on July 3rd, where results from the West African Research and Innovation Results Utilization project (VaRRIWA) were presented.
The event facilitated discussions between researchers, innovators, and investors, under the aegis of the University Agency of Francophonie (AUF). The VaRRIWA project, during its deployment, engaged 375 key players, created a regional digital platform, and most significantly, implemented 14 development projects, including four in Togo.
These Togolese projects include UVi2A (an Agricultural and Agri-food Innovations Unit) that focuses on agricultural innovations, and CAVRIS, a support center promoting research and innovation outcomes in the field of science and technology. Other projects involve training in value creation (FORVARITO) and public-private partnerships for financing (PPVRI).
In terms of impact, the project helped create 25 businesses and 322 jobs, alongside an 11-point jump for Togo in the Global Innovation Index (GII), a worldwide performance measure of technological dynamism.
The July 3 meeting also facilitated discussions regarding financial challenges and private co-investment opportunities. During the roundtable, Dr. Kossi Sénamé Dodzi, the director of scientific research, emphasized the necessity of "initiating win-win partnerships" to build a truly sustainable innovation ecosystem.
The University of Lomé (UL) will offer targeted aeronautics training programs under a new deal with Togo’s National Civil Aviation Agency (ANAC-Togo).
UL President Adama Mawulé Kpodar and ANAC-Togo Director General Ahabou Idrissou signed the agreement on June 3. The partnership will create programs to train qualified candidates for careers in aviation, with internships and job opportunities at ANAC-Togo based on industry needs.
“This agreement will allow the establishment of short-term certifications, ranging from three to six months, in the field of aeronautics,” Kpodar said. He stressed that the programs will directly meet market demands and provide Togo with skilled, job-ready professionals.
ANAC-Togo’s Idrissou said the partnership aims to build a competitive and sustainable civil aviation sector that meets international standards.
This initiative supports the government’s plan to make Togo a credible, efficient player in regional aeronautics.
This article was initially published in French by Esaïe Edoh
Edited in English by Ange Jason Quenum
The ECOWAS Bank for Investment and Development (EBID) will inject 50 million euros into the construction and outfitting of six technical education and vocational training (TVET) centers in Togo. The project, approved during the institution’s 92nd board meeting on June 30, 2025, will be implemented by Planet One group.
The initiative aims to train approximately 3,480 young people annually in technical fields. These include electricity, mechanics, construction, agri-food, and digital professions. The objective is to equip Togolese youth with skills highly sought after in both local and regional job markets.
For Togolese authorities, this marks another step in implementing their 2025 roadmap, which centers development efforts around professional training. With many young people struggling to find long-term employment, the project is viewed as a key lever for boosting competitiveness and reducing unemployment.
Broader Regional Investment
EBID, the financial arm of ECOWAS, intends to support inclusive economic growth across the region through this funding. The investment in Togo is part of a broader portfolio of approved projects totaling 174 million euros and 125 million dollars. These projects span several priority sectors, including energy, education, and industry.
Planet One, tasked with implementing the project in Togo, is a private entity specializing in educational solutions and the management of training infrastructure across Africa. The Dubai-based group states it has already modernized 48 vocational training centers in Ghana, despite logistical challenges during the COVID-19 pandemic. It also reports launching the first phase of a similar program in Senegal, involving 15 training centers, and notes collaboration with the governments of Sierra Leone and Guinea. Additionally, Planet One is developing centers of excellence in partnership with the University of Stirling (UAE) and the Scottish Qualification Authority, aiming to align its training programs with international standards.
The Togolese project encompasses not only the construction of the centers but also their equipping with modern, internationally compliant materials. According to its official website, Planet One plans to build or modernize 28 vocational training centers in Togo. This includes 16 brand-new, ultra-modern centers and the rehabilitation of 12 existing ones. In parallel, Planet One is planning the development of 21 STEM (Science, Technology, Engineering, and Mathematics) schools across the country.
No start date for construction has yet been announced, but authorities hope the centers will be operational within the next two years. If the expected results are achieved, this project could become a regional benchmark.
Written in French by Fiacre E. Kakpo,
Translated and adapted into English by Mouka Mezonlin
Togo’s main airport has received new security equipment from the United States to better detect and prevent threats, officials said on Tuesday, July 1.
The Gnassingbé Eyadéma International Airport in Lomé was handed four explosive trace detectors, four advanced imaging body scanners and related accessories. The equipment was provided by the U.S. Transportation Security Administration (TSA), part of the Department of Homeland Security.
“This handover demonstrates our shared commitment to effective and cooperative civil aviation security,” said Michael DeTar, chargé d’affaires at the U.S. Embassy in Togo.
— U.S. Embassy Togo (@USEmbassyLome) July 2, 2025
Togo’s National Civil Aviation Agency (ANAC) said the support will help address current security challenges and better protect passengers and airport personnel, in line with government ambitions to establish the airport as a regional hub.
The donation comes as Lomé airport steps up safety initiatives. On June 13, airport operator SALT conducted an emergency simulation exercise, “Exo Salle EPULO 2025,” to test response, coordination and communication capabilities in the event of a major incident, such as a crash.
Ecobank said it will end its safe deposit box services in Togo effective August 1, becoming the latest lender to withdraw from the costly and increasingly marginal line of business.
In a notice sent to clients, the pan-African bank urged customers to remove their belongings before July 31. Items left uncollected will be handed over to a designated third party.
The move aligns with an international trend as banks grapple with low profitability, high operating costs and heightened regulatory scrutiny over the use of safe deposit boxes.
Historically regarded as a core banking service for affluent clients, safe deposit boxes have become harder to justify financially. The service requires substantial spending on security infrastructure, maintenance and dedicated personnel, yet generates limited revenue.
Legal and compliance risks have also escalated, particularly around liability for theft or damage, and the potential misuse of boxes for money laundering or terrorism financing.
Major international banks—including JPMorgan Chase, HSBC, Barclays and Capital One—have phased out the service in parts of their networks. In Switzerland, despite around 350,000 safe deposit compartments still in use, banks are gradually scaling back and referring clients to specialised providers like Swiss Gold Safe.
In Central Europe, several banks are progressively closing their secure storage services, preferring to divert customers to external providers. In South Africa, Absa wrapped up this service in September 2024, while FNB abandoned it as early as 2017, following a series of security incidents. According to a study cited by the Wall Street Journal, roughly 20% of American banks have wiped out this service over the past six years.
The shift has reached Africa as well. South Africa’s Absa closed its safe deposit boxes in 2024, following FNB’s exit in 2017 after security incidents. Meanwhile, private storage firms have gained traction by offering biometric access and bespoke insurance.
At the same time, the rise of secure digital vaults and a surge in home safe sales—seen in countries like Morocco amid post-Covid distrust—highlight how customer habits are changing.
This article was initially published in French by Fiacre E. Kakpo
Edited in English by Ola Schad Akinocho