togo-around-14b-needed-by-2050-to-fight-climate-world-bank
Public Management - Togo needs around $14 billion (around CFA8,320 billion) by 2050 to address climate change challenges. The World Bank forecast the need in a recent...
Economic governance - The West African Development Bank (BOAD) closed the 2024 financial year with a net profit of CFA39.402 billion, against CFA36.453 billion in 2023, or...
Social - The SEPHIS Foundation aims to mobilize CFA1 billion to support 125 women-led SMEs in Togo. Séphora Kodjo, Chair of the Foundation’s Board of Directors,...
Economic governance - Lomé's  Authorized Customs Agents (CDA) began an intensive training session on Monday, April 7, 2025. The Union Professionnelle des Agréés en Douane...
Economic governance - From May 15 to 17, 2025, Lomé will host the first International Festival of Local Economic Development (FIDEL). The event is orfanized by two...
Politics - Togolese President Faure Gnassingbé is poised to take on a critical role as the African Union’s (AU) new mediator in the ongoing conflict between the...
Public finance - Togo’s first issue on the West African Monetary Union (WAMU) market this quarter is scheduled for April 11. Lomé will seek CFA20 billion by issuing...
Culture - Togo officially launched its eighth National Festival of Traditional Dances (FESNAD) on April 3, 2025, in Kara. Governor Adjitowou Komlan presided over...
Transport - Togo’s Gnassingbé Eyadema International Airport (AIGE) welcomed 1,506,946 passengers in 2024. Disclosed under the Ministry of Economy and Finance's budget...
Banking - In a regional context marked by subtle monetary tensions, Togolese banks are adopting a cautious approach. As of February 2025, they have accumulated bank...
Social - In Togo, a bold initiative is reshaping the tech landscape for women. Togolaises In Science (TIS), a business club focused on empowering women in Science,...
Investments - Togo is breaking into Africa's elite technology hubs for investors as 2025 begins. The platform Africa: The Big Deal ranks the West African nation among...
Economic governance - During the first three months of this year, 4,262 new businesses were registered at Togo’s Center for Business Formalities (Centre de Formalités des...
ITC - President Faure Gnassingbé of Togo attended the Global AI Summit on Africa in Kigali, Rwanda. The two-day summit, held on April 3 and 4, convenes...
Economic governance - On April 2, 2025, U.S. President Donald Trump announced a new wave of customs duties targeting imports from several African countries, including Togo....
Agriculture - Togo produced 2,515,000 tonnes of tubers in 2024, against 2,406,614 tonnes in 2023. The Ministry of Agriculture reported this data in the Citizens’...
Politics - Togo’s first Senate concluded its inaugural session on 2 April 2025, by electing its officers. Barry Moussa Barqué, a prominent figure in Togolese...
ITC - Lomé, the capital of Togo, will host the first Space Forum Africa from April 7 to 9. African Geospace and TRL Space are organizing this international...
Politics - Togo will revise its electoral roll for the 2025 municipal elections from April 7 to April 23. Authorities announced the operation on April 1 through a...
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REFORMS OVERVIEW

 

 

 

 

STARTING A BUSINESS (more info)

At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms….

 

ENFORCING CONTRACTS (more info)

Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo, leveraging many efforts to improve its business climate, was able to jump significantly on the index in the recent years... .

CONTRACT EXECUTION (more info)

Creation of special chambers of commerce for small debts  • Creation of chambers of commerce at the Court of Appeal  • Civil and commercial cases now handled by distinct clerks  • Establishment of commercial courts in Lomé and Kara  • Lawyers and bailiffs now have access to the FORSETI COMMERCIAL platform • A maximum period of 100 days was fixed to settle a commercial dispute .

 

TRADING ACROSS BORDERS (more info)

In comparison to previous years,Togo has significantly improved its ranking under the“Trading across borders” indicator by adopting multiple reforms that focus mainly on the digitization and reduction in delays, for import and export procedures related to import and export.

In comparison to previous years, Togo has significantly improved its ranking on the “Trading across borders” index by adopting multiple reforms that focus mainly on the digitalization and reduction in delays, for import and export procedures related to import and export.

 

CONSTRUCTION PERMIT (more info)

After moving from the 133rd to 127th place under the 2020 Doing Business’ construction permit index, Togo intends to reiterate this feat in the coming edition of the global ranking. To this end, it has introduced this year multiple reforms.

 

GETTING ELECTRICITY (more info)

Over the past two years, Togo’s ranking under the Doing Business’ Getting electricity and water indicator has increased consistently. Owing this performance to multiple reforms aimed at making it easier for businesses to access power and water, Lomé plans to introduce even more reforms this year to keep up its improvements.

 

REGISTERING A PROPERTY  (more info)

Out of all the 'Doing Business’ indicators, Property Registration is where Togo has improved the most since 2018. Indeed, after spending years in the lowest part of this ranking, the country now seeks to beat Rwanda which is the best performer on this index in Africa. To do so, Lomé has been introducing many reforms, with the latest batch implemented this year.

 

PUBLIC PROCUREMENT (more info)

From professionalization to digitization, through legislative regulations, Togo’s public procurement framework is constantly being modernized. Several reforms have been implemented to improve the sector much to the benefit of the private sector, which is the focus of the National Development Plan.

 

PAYING TAXES AND DUTIES (more info)

To improve its business environment, Togo introduced some important reforms related to the payment of tax and duties. From the replacement of some taxes to the cancellation of others through exemptions, the country has only one objective: offer the most attractive tax framework to investors and economic operators. To achieve this, the authorities relied on digitization.

 

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