Togo First

Togo First

The Togolese Chamber of Commerce and Industry (CCI-Togo) is setting up its regional offices across the country. This decentralization push started on March 6 in Kpalimé, in the prefecture of Kloto, where the first branch officially opened its doors.

The move aims to bring the CCI-Togo closer to local businesses and governments.

These new offices will act as liaisons, making it easier for economic players to connect with public authorities. Following Kpalimé, more offices will open in other regions, amplifying the CCI-Togo's voice locally.

These regional offices have a clear mission: oversee and coordinate local initiatives that align with the Chamber's goals. They will ensure that national strategies are implemented while adapting to each region's unique economic landscape.

The new offices will promote awareness and encourage businesses to join the CCI-Togo. José Symenouh, the institution's chairman, believes this approach will forge stronger ties between entrepreneurs and local authorities, leading to more unified action and development.

Each new office will create a tailored action plan to boost the CCI-Togo's presence and grow its membership.

Esaïe Edoh

The Togolese economy is off to a good start in 2025. The latest statistics show that industrial production is strong, services and trade are growing, and inflation is controlled. However, economic policies might need some adjustments in the coming months.

Industrial Efficiency in Motion

Togo's industrial sector is performing well. In January 2025, industrial production increased by 10.5%, following an 11.0% rise in December 2024. The slight difference does not reflect a slower growth, but rather that it needs to be sustained. The Industrial Platform of Adetidokpé or Plateforme Industrielle d’Adétidokpé (PIA) could further boost industrial activity by attracting new investments and enhancing local industrialization, especially in processing agricultural raw materials.

In market services, sales rose 3.4% in January, less than the previous month's 5.0% but still positive. Trade also increased by 1.2%, following a 4.8% rise in December. This could be a post-holiday adjustment or a signal to watch.

Inflation and Business Confidence

Inflation is stable, with an annual rate of 2.5%, within the BCEAO's target range of 1% to 3%. This follows a broader trend of price stabilization after previous surges. Inflation decreased from 7.6% in 2022 to 3.3% in 2024 and is projected to reach 2.3% in 2025. The decline in imported food prices, such as rice (-13.8%) and sugar (-14.1%), contributed to this balance. However, prices of oil (+43.3%) and milk (+26.8%) keep rising, which could impact purchasing power.

With an index of 100.7, the business climate remains stable, thus economic players are neither overly optimistic nor worried. Business leaders remain confident, reflecting a favorable economic environment where the private sector continues to invest and hire despite economic challenges.

A Promising Economic Outlook

The International Monetary Fund (IMF) forecasts a 5.3% economic growth for 2025, slightly lower than the 5.6% in 2023 but still solid. This growth should be supported by public infrastructure investments, a thriving industrial sector, and tighter fiscal policies. However, prudent economic management is necessary to balance growth, inflation control, and public debt management.

Fiacre E. Kakpo

Nearly 100 Togolese business leaders will travel to China from March 13 to 24 on a trade mission aimed at strengthening economic ties and exploring new opportunities. The initiative is led by the Togo Chamber of Commerce and Industry (CCI-Togo) in partnership with the Hebei Enterprise Culture Association.

The delegation will focus on key industries such as construction, mechanical engineering, civil engineering, agriculture, livestock, automotive, and packaging. As part of the trip, participants will visit factories specializing in ceramic tiles, electrical cables, pipes, agricultural machinery, and auto parts.

Bekley Esso-Byou, CCI-Togo’s commissioner for the industrial sector, called the mission a major step for Togolese businesses looking to forge partnerships with Chinese companies. He emphasized CCI-Togo’s ongoing efforts to support local entrepreneurs in expanding internationally, noting that such trade missions help improve their competitiveness.

The visit is part of a broader collaboration under a memorandum of understanding between CCI-Togo and the Hebei Enterprise Culture Association, aimed at deepening economic cooperation between Togo and China.

Togolese President Faure Gnassingbé has appointed 20 senators, completing the Senate's composition as the second chamber of parliament. The announcement, made by presidential decree on March 5, 2025, follows recent senatorial elections dominated by the ruling Union for the Republic (UNIR) party, which secured 34 of the 41 available seats.

This development marks a step toward Togo’s Fifth Republic and a transition to a parliamentary system, granting more powers to the legislature.

The 20 appointed senators include political figures from various parties, former MPs, and senior civil servants. The full list is as follows:

  • Mrs. ABOUGNIMA K. Molgah
  • Mr. AKOUETE Yaovi Beliki
  • Mr. ALIPUI Sénanu Koku
  • Mr. AZIABLE Koami N'kunu
  • Mrs. BALOUKI-LEGUEZIM Bernadette
  • Mrs. BATIKRANA Kpenta wife of BALAKA
  • Mr. BOURAÏMA Inoussa
  • Mrs. DANGBUIE Afi Xolali Pascaline
  • Mrs. DJIDONOU Akpénè
  • Mr. JOHNSON Togbé Ampah
  • Mr. KABOUA Essokoyo Abass
  • Mr. KAGBARA Uleija Y. M. Innocent
  • Mr. KOFFIGOH Kokou Joseph
  • Mr. KOLANI Lardja
  • Mrs. KOUVAHEY Amoko Holadem
  • Mrs. KPEGBA Kafui
  • Mrs. LAMBONI-KABISSA Issoyotou
  • Mrs. SANKAREDJA Moni, wife of SINANDJA
  • Mrs. SANT’ANNA Edwige Clara Ayawovi widow of AYAYI-ATAYI
  • Mr. TCHASSONA Traoré Mouhamed

The next steps include the senators assuming their roles, electing the Senate President, and selecting the President of the Council of Ministers and the President of the Republic.

Ayi Renaud Dossavi

The Togolese branch of Africa Global Logistics (AGL), formerly Bolloré Transport & Logistics, has added 10 new Terberg tractors to its fleet. The vehicles came in this week.

The new tractors are designed to handle trailers and containers efficiently over short distances. They will help streamline transport operations, reduce delays, and improve efficiency compared to traditional trucks. These vehicles will operate at the Lomé terminal, optimizing the flow of goods and increasing the port's productivity.

AGL highlighted on social media that the new rolling stock, a valuable asset, will improve coordination between the port and industrial sectors.

Their acquisition reflects AGL’s focus on innovation and modernization. The company aims to make the Port of Lomé more competitive, in line with Togo’s ambition to become a leading logistics hub in West Africa.

Esaïe Edoh

Pascal Mawuli Kové is the new boss of COFINA-Togo, the Togolese arm of COFINA Group, a mesofinance company. Earlier this week, Kové, a Togolese, met with Prime Minister Victoire Tomégah-Dogbé. 

COFINA has been operating in Togo since 2020 and now holds over CFA30 billion in major loans. With more than 200 employees, it is the second-largest mesofinance institution in the country, following SOGEMEF. The company plans to expand its financial services and continue growing.

Pascal Mawuli Kové stated, "Our main focus is financing the local economy by supporting Togolese entrepreneurs with tailored solutions. We will step up on the recruiting and training front, through our Academy of Excellence." He emphasized that the subsidiary is working to establish a strong presence in Togo.

Kové previously worked at COFINA’s branch in Dakar, Senegal, where he contributed his expertise in strategy and finance. In Togo, he takes the place of Marcel Djigbé.

This article was initially published in French by Ayi Renaud Dossavi

Edited in English by Ola Schad Akinocho

The National Assembly of Togo has extended the state of security emergency in the Savanes region for another year. It is now set to last until March 2026. On Thursday, March 6, 2025, lawmakers approved the government’s request for this extension.

This is the fourth time the emergency state has been extended since first declared in June 2022. It was previously extended in September 2022, April 2023, and March 2024. Authorities have justified the move by citing persistent security threats in northern Togo.

Officials have explained that the extension allows the government to adapt its response to evolving threats and continue efforts to protect people and property. The measure also aims to maintain public order and safeguard the country’s territorial integrity.

The Savanes region has been facing attacks from armed terrorist groups since November 2021. 

The Gnassingbé administration held this week a meeting to review its flood risk management strategy, amidst recurring floods in the Greater Lomé area.

The meeting gathered Prime Minister Victoire Tomégah-Dogbé and key stakeholders. They assessed actions implemented last year and planned those to be taken this year.

CFA1.7 Billion Allocated for 2024 Flood Preparedness and Response Plan

Last year, around CFA1.7 billion was mobilized for the Flood Preparedness and Response Plan (FRP). External partners provided CFA1.69 billion and the government CFA50 million. 

Of the 38 actions planned under the Response Plan 37 were successfully implemented. They included evaluating sites to receive disaster victims, acquiring pumping equipment, conducting public awareness campaigns through media and local outreach, and maintaining water drainage systems.

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Preventive Measures for 2025

For 2025, the government has earmarked 26 new actions to minimize flood risks: upgrading urban drainage infrastructure, enhancing drainage system capacity, and expanding public awareness initiatives, among others.

The government plans to establish a special committee to coordinate these actions, efficiently. 

PM Tomégah-Dogbé called for citizen engagement in the government’s efforts.

Togo should soon receive CFA17 billion from the Green Climate Fund via the West African Development Bank (BOAD) to tackle the flood issue. 

This article was initially published in French by Ayi Renaud Dossavi 

Edited in English by Ola Schad Akinocho

ARISE Integrated Industrial Platforms (ARISE IIP) will soon boost its African industrial park investments, particularly in Togo. The firm recently secured a $450 million commitment from the African Export-Import Bank (Afreximbank).

In detail, $300 million will help bolster existing parks, including Togo’s Industrial Platform of Adétikopé (PIA), and launch new projects in the Democratic Republic of Congo, Kenya, Chad, Nigeria, and Côte d'Ivoire. The remaining $150 million will help build an industrial park in Malawi and bolster agricultural export activities.

The $450 million investment is part of a broader $800 million initiative to boost African industrialization.

"This $450 million facility represents a major step forward in supporting Africa's industrialization efforts," said Arvind Arora, Treasury Director of ARISE IIP. "This financing covers critical working capital and capital expenditure requirements in various countries, addressing the diverse needs of industrial development."

Last year, many major global shipping firms joined the PIA in Togo. They include MSC (Italy-Switzerland), MAERSK (Denmark), CMA CGM (France), PIL (Singapore), and ONE (Japan). However, most (around 60%) of the companies on the site are regional and local; they operate in various sectors, such as textiles, agrifood, and pharmaceuticals.

This article was initially published in French by Ayi Renaud Dossavi

Edited in English by Ola Schad Akinocho

Togo’s cultural and creative industries (CCI) generated $166 million (over CFA100 Billion) in 2024–about 1% of the country’s GDP. The French Development Agency (FDA) recently reported the figure in a study covering key segments like music, audiovisual production, cinema, and digital arts.

According to the same source, cultural and creative industries employ around 135,000 people (134,293), or 4% of Togo’s workforce. This includes 70,987 women (52%) and 20,754 youths aged 15 to 24 (15%). Exports of cultural goods and services brought in $24 million.

However, the report highlights that 92% (123,953) of the jobs in this sector are informal. Informal activities alone generate $51.98 million in revenue.

Structural Reform Needed

Togolese filmmakers produce around 70 films annually, including six foreign productions. The local cinema industry is growing but still struggles to professionalize.

The government adopted a Film and Moving Image Code and created the National Film and Audiovisual Industry Support Fund (FoNSICA) to organize the market and boost local production.

Challenges such as limited access to financing, insufficient technical skills, and inadequate distribution infrastructure hinder the industry’s development. Togo has only two movie theaters operating regularly, making it difficult to showcase local productions.

This article was initially published in French by Ayi Renaud Dossavi

Edited in English by Ola Schad Akinocho

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