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• Togo's GDP crosses historic 6,000 billion CFA franc threshold, reaching 6,458.3 billion in 2024
• Economy grows 6.5% in real terms, outpacing WAEMU average of 5.5% despite volatile quarterly performance
• Growth driven by services (+6.1%), construction boom (+44.7%), and strong performance at Port of Lomé exceeding 30 million tonnes
Togo reached a symbolic economic...
• Banque de Développement du Mali seeks to finance environmental projects in Togo through new partnerships
• BDM's new Togo General Manager meets Environment Minister to identify potential collaboration opportunities
• Bank is transforming its Togo branch into subsidiary as part of expanded local presence strategy
The Banque de Développement du Mali is positioning itself to...
• Port of Lomé launches major dredging to accommodate giant ships over 19,000 TEU and 400 meters long
• Port handled 30.64 million tonnes in 2024 (+1.85%) with strong transshipment role for landlocked Sahel countries • €500+ million investment program aims to boost annual capacity to 2.7 million TEUs amid regional port competition
The autonomous port of Lomé has begun a new...
Key Highlights:
• India's new ambassador pledged to strengthen economic ties with Togo during talks with PM Faure Gnassingbé• India ranks as Togo's second-largest export destination in Q2 2025, cementing its position among top three trading partners• An India-Togo economic forum scheduled for October aims to boost private sector investment in agriculture and mechanization
India's...
West Africa's digital payments sector gained momentum in September when the Central Bank of West African States (BCEAO) approved 10 new payment institutions across the West African Monetary Union (WAMU)—including a groundbreaking first for Togo.
Ollo Africa, a Lomé-based fintech, became the first Togolese company to secure this coveted authorization, joining an exclusive group of operators...
Togo's economy delivered a dramatic turnaround in the final months of 2024, capping a volatile year with explosive growth that masked earlier struggles.
The West African nation's gross domestic product soared 17.7% in the fourth quarter compared to the same period in 2023, according to newly released estimates from the Institut national de la statistique et des études économiques et...
KEY HIGHLIGHTS:
• Second delay pushes elections from Sept 10-12 to Sept 17-19, ensuring participation of all 1,527 councilors• Decentralization milestone launches new municipal term across 117 communes in ongoing power transfer since 2019• Democratic scrutiny attracts close monitoring from political stakeholders and international development partner
Togo has postponed its mayoral...
KEY HIGHLIGHTS:
• $44 billion investments and deals projected by fair’s conclusion• Competitive advantage sectors include agro-industry, logistics, textiles with German-EU program support• Continental integration builds on 2018 AfCFTA agreement offering smaller economies broader market access
Twenty (20) Togolese micro, small, and medium enterprises have been showcasing their...
KEY HIGHLIGHTS:
• Reparations leadership as Togo spearheads AU classification of slavery and colonization as crimes against humanity• Economic diversification targets Caribbean trade expansion, renewable energy investment, and enhanced global profile• South-South cooperation leverages shared African diaspora history for contemporary political and economic partnerships
Togo participated in...
KEY HIGHLIGHTS:
• Historic gathering convenes December 8-12, first congress in eight years since Accra edition• Diaspora engagement crisis addressed as AU seeks to bridge gap with "abandoned" Afro-descendants globally• Global governance reform positions pan-Africanism as tool for equitable African representation in international institutions
The 9th Pan-African Congress will convene...
KEY HIGHLIGHTS:
• 602 million FCFA investment reaches over 100,000 girls across 800 vulnerable localities nationwide• World Bank partnership provides 37.5 billion FCFA through SWEDD+ project targeting cultural barriers to education• Government roadmap priority advances 2020-2025 goal of free, equitable education with focus on social inclusion
The Togolese government launched a major...
Highlights:
Togo’s OTR collected 737.2 billion CFA francs by August, 61% of the 2025 target.
Performance equals 92.5% of forecast for Jan–Aug, up 4.8% y/y.
OTR drafting 2026-2030 plan to digitize tax administration and widen the base.
The Togolese Revenue Office (OTR) collected 737.2 billion CFA francs ($1.2 billion) by the end of August, representing 61% of its annual target of...
CFMI to offer partial scholarships to top BAC Pro and BTS students.
Beneficiaries will pay one-third of fees; scholarships cover the rest.
CFMI has trained 1,150 youth in 10 years, with 70% job placement.
The Centre de Formation aux Métiers de l’Industrie (CFMI) has announced partial scholarships for students with the highest scores in the BAC Pro and BTS exams. Applications are open...
Highlights:
Togo to distribute over 100,000 school kits to girls across 64 cantons.
Initiative part of World Bank-backed SWEDD+ program on education and gender equality.
Girls’ school completion lags: 59.9% at lower secondary vs 66.8% for boys; only 11% of women in higher education.
Togo will launch on September 9, 2025, a large-scale campaign to distribute more than 100,000 school kits...
Highlights:
• Over 4,000 youths joined Togo’s Youth Delivery Lab in Lomé on Sept. 6.• Event focused on agribusiness, sports industry, peace and cohesion.• Proposals will be submitted to authorities to shape youth policies.
More than 4,000 young Togolese took part in the second edition of the Youth Delivery Lab (YDL), a citizen platform for participatory dialogue held in Lomé on...
Highlights:
• Togo’s banks held reserves of 157.6 bln CFA francs in July–Aug, 220% of BCEAO requirements.• Surplus reflects post-Covid prudential management but raises concerns over SME financing.• Togo ranks among the most prudent in the region; Senegal leads, Niger trails.
Togo’s banking sector has built up a record surplus of reserves, according to the Central Bank of West...