Key Highlights
The International Monetary Fund (IMF) presented its latest Sub-Saharan Africa outlook in Lomé on June 19, underscoring cautious optimism amid lingering global risks.
Titled “A Broken Recovery,” the report notes that the region posted 4% growth in 2024, supported by strong commodity prices and improved tax mobilization. Despite global instability, the IMF says macroeconomic indicators have started to stabilize across several economies.
Togo was singled out for strong performance, with inflation down to 2.2% in April 2025—one of the lowest in the region. The country also trimmed its fiscal deficit from 6.3% of GDP in 2023 to 5.6% in 2024. The IMF forecasts the deficit will fall to 4% in 2025 and reach 3% by 2026.
Amid dwindling development aid and global uncertainty, the IMF recommends Togo focus on boosting domestic revenue, reforming public policies, and safeguarding access to international capital markets.
Togo continues implementing its Extended Credit Facility (ECF) reform agenda. Government data shows 74% of the multisectoral strategy was executed in 2024. Togolese officials reiterated their commitment to reforms and appealed to global partners for renewed technical and financial backing.
“We’ve seen strong progress in stabilizing inflation, narrowing deficits, and managing debt, all of which have led to better-than-expected results across the region,” said Stéphane Tchasso Kpowbie Akaya, Secretary-General of the Ministry of Economy and Finance.
This article was initially published in French by Ayi Renaud Dossavi
Edited in English by Ange Jason QUENUM
Key Highlights
The International Fund for Agricultural Development (IFAD) is conducting an evaluation mission in Togo to assess progress on the Agricultural Finance Mechanism Support Project (ProMIFA), aimed at improving access to financial services for smallholder farmers and rural enterprises.
A delegation led by Mathieu Faujas, IFAD’s agricultural economist and technical mission leader, arrived in Lomé on June 16. The mission, scheduled to conclude on June 27, will review the project’s implementation in line with recommendations from a previous assessment in March.
The team will examine activities under the 2025 Annual Work Plan and Budget, assess compliance with environmental and social safeguards, and evaluate financial management and procurement processes.
IFAD said the review aims to identify challenges, enhance operational performance, and provide recommendations to accelerate project delivery. The mission will also engage with national stakeholders and conduct field visits to gauge beneficiary engagement and on-the-ground impact.
Launched in February 2020 under the MIFA program, ProMIFA focuses on expanding financial access for small-scale farmers and rural micro, small, and medium enterprises through risk-sharing mechanisms.
This article was initially published in French by Esaïe Edoh
Edited in English by Ange Jason Quenum
Key Highlights:
The Togolese government has announced a new cash transfer program set to benefit 31,450 vulnerable households across the country. Part of the citizens' budget for 2025, this initiative aims to bolster existing social safety nets and promote long-lasting resilience among fragile populations.
Steered by the Ministry of Grassroots Development, the program covers the whole country. The breakdown of beneficiaries is as follows: Lomé (1,230 households), Maritime (9,800 households), Kara (9,766 households), Savanes (10,242 households), Plateaux (368 households), and Central (44 households).
The move goes beyond providing one-off aid and aims to equip beneficiaries with the means to enhance their self-sufficiency.
In 2023, a similar program was implemented in the country, especially in Greater Lomé, following the Novissi program launched during the COVID-19 crisis. This was part of an extension of the Basic Social Safety Nets Project (FSB), co-funded by the state, the World Bank, and the French Cooperation (via AFD), with a total investment of around CFA18 billion.
This article was initially published in French.
Edited in English by Ola Schad Akinocho
Key Highlights:
Togo will tighten customs controls on fuel transport starting July 1, 2025, as part of a broader crackdown on smuggling and opaque fuel distribution networks.
Under a new directive from the Togolese Revenue Office (OTR), every truck carrying petroleum products from the Société Togolaise d'Entreposage (STE) or the Société Togolaise des Stockages de Lomé (STSL) must complete a detailed customs declaration before leaving either terminal.
The measure is designed to improve the traceability of fuel flows via the Sydonia World digital platform, a regional tool for managing customs operations. Petroleum depots must transmit these declarations to the Division of Customs Operations for Hydrocarbons and Refining (DODH-R), a specialized branch within the OTR.
The DODH-R will be responsible for monitoring, validating, and managing all administrative processes linked to fuel movements. Officials say the policy aims to close loopholes that allow discrepancies between declared and delivered fuel volumes.
The initiative is part of Togo’s fiscal modernization strategy and broader efforts to enhance transparency in the energy sector. It follows recent government plans to introduce chemical marking of fuel to detect fraud and eliminate parallel distribution channels.
This article was initially published in French by Esaïe Edoh
Edited in English by Ola Schad Akinocho
Gnassingbé Eyadema International Airport (AIGE) in Lomé handled 329,618 passengers in the first quarter of 2025, according to figures released on June 18 in the quarterly budget execution report. The marks a 1.2% increase from the same period in 2024, when the airport registered 325,709 travelers.
Although modest, this growth continues the upward trend recorded in recent years at Togo’s main air hub. It aligns with the country’s broader goal of positioning Lomé as a major logistics and aviation center in West Africa.
In 2024, annual traffic at AIGE reached 1,506,946 passengers, reflecting a 6.2% rise over the previous year, which had seen about 1.4 million travelers.
The steady climb in passenger numbers is partly due to network expansion by key partner airlines. Lomé-based Asky Airlines has played a central role. Since July 2024, the carrier has added more flights between Lomé and Abidjan and reopened its route to Pointe-Noire in Congo in October.
Six new routes were introduced in 2023, including four by Asky Airlines and two by Ethiopian Airlines. Ethiopian Airlines’ direct Lomé–Washington flight, which began in June 2022, also continues to drive growth by enhancing transcontinental connectivity.
As traffic grows, Togolese authorities are preparing to increase the airport’s capacity to handle higher volumes. The government has set a medium-term target of 2 million passengers per year, with infrastructure upgrades expected to support that goal.
This latest quarter’s numbers reflect steady progress on that path, as Lomé strengthens its role in regional and international air transport.
Esaïe Edoh
Effective July 1, 2025, Togo will implement a new regulatory measure to strengthen customs oversight of petroleum products. Starting on that date, every fuel truck departing from either Société Togolaise d'Entreposage (STE) or Société Togolaise des Stockages de Lomé (STSL)’s terminals must submit a detailed customs declaration before leaving the facility.
The Togolese Revenue Office (OTR) made the announcement, stating that this reform aims to enhance monitoring of customs operations involving hydrocarbons. It also seeks to improve the traceability of fuel flow through the Sydonia World digital platform.
In practical terms, STE and STSL must submit detailed declarations to the Division of Customs Operations for Hydrocarbons and Refining (DODH-R), a specialized branch of the OTR, before loading. This division will be responsible for monitoring, clearing, and administratively processing all transactions related to petroleum products.
The measure is part of a broader effort to improve fiscal governance and transparency in logistics. Authorities indicate it is designed to ensure more accurate tracking of product entries and exits, and to prevent discrepancies between declared quantities and those actually delivered to the market.
This reform coincides with the government's announcement of a fuel marking initiative, which aims to combat fraud and parallel distribution networks.
Esaïe Edoh
Togo’s agricultural leaders are pushing to modernize FertiTogo, the country’s national soil information platform. A high-level workshop in Lomé runs through June 19, 2025, gathering government officials, international experts, and technical partners.
Their mission: craft a bold roadmap to boost FertiTogo’s performance, inclusivity, and alignment with global soil information system standards.
FertiTogo relies on soil fertility data collected from 2017 to 2020. It provides farmers and agribusinesses with easy access to vital soil data that can raise crop yields and improve farming methods. The platform acts as a critical tool in Togo’s push for sustainable agriculture and food security.
At the workshop, the government plans to adopt cutting-edge digital technologies, secure reliable hosting, and ensure the platform’s financial sustainability. This effort enjoys strong backing from major international players, including the International Centre for Agriculture and Biosciences (CABI), the International Soil Reference and Information Centre (ISRIC), and the regional hub focused on fertilizers and soil health in West Africa and the Sahel.
Ayi Renaud Dossavi
Togo opens a new modern toll station on National Road 2 near Aného today, June 19. The Ministry of Transport announced the completion of construction and equipment last Tuesday.
The government will move toll collection from a temporary site in Vodougbé to this new station about 40 kilometers from Lomé.
This toll station is part of the RN2 rehabilitation effort. It joins other toll points to boost the capacity of SAFER, the agency responsible for funding road maintenance and improvements.
Togo’s road maintenance budget will shrink by 20% in 2025, dropping from CFA16.5 billion in 2024 to CFA13.3 billion.
Golfe 1 municipality in Bè-Apédomé held its Public Accountability Day on June 17, 2025, following the country’s decentralization law. Minister-Mayor Joseph Koamy Gomado delivered a detailed report on six years of local governance.
Since 2019, the municipality has deployed over 220 agents across its six sectors to strengthen administrative decentralization. The town hall plans to build a new four-story city hall. It has already completed key projects: renovating schools, building an ophthalmology center in Bè, opening a dispensary in Klobatèmé, and modernizing the local market.
The municipality also supports economic inclusion through microcredit programs, student aid, and youth initiatives. Looking ahead, it funds a CFA80 million study to turn the Bè lagoon into a standout urban space.
Minister-Mayor Gomado praised the council’s efforts. “Despite ongoing challenges, we have achieved some objectives. These results are promising,” he said.
Golfe 1, also known as Bè-Est, covers 60.66 km² and is home to nearly 500,000 people. With 36 neighborhoods and a coastal frontage, it ranks among the most populous and significant municipalities in Greater Lomé.
Ayi Renaud Dossavi
The Togolese Ministry of Economy and Finance recently kicked off an international competition to enroll students at the Professional Training Center in Insurance (CPFA) of the International Insurance Institute (IIA).
The contest targets candidates from 15 African countries, including Togo, to form the 27th cohort (2025–2027) for the Diploma of Insurance Technician (DT-A).
Togolese applicants must submit their files by June 27, 2025, to the Insurance Directorate at CASEF. The selection process includes two tests: a French language and general knowledge exam, followed by a technical test in one of these fields—law, economics, insurance, mathematics, or statistics.
This drive aims to professionalize the insurance sector, a key pillar for financial stability and economic growth across West Africa. Building local expertise will help the region’s insurance market expand and thrive.
The International Insurance Institute, headquartered in Yaoundé, stands as a premier pan-African training center. Established in 1976 under the CIMA framework, the IIA has spent nearly five decades preparing technicians and senior managers for insurance firms, regulators, and intermediaries.
For more details, check the full call for applications here.
Ayi Renaud Dossavi