Togo and BADEA Strengthen Partnership for Sustainable Development

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Tuesday, 22 October 2024 16:17
Togo and BADEA Strengthen Partnership for Sustainable Development

(Togo First) - Togolese President Faure Essozimna Gnassingbé met with Sidi Ould Tah, Director General of the Arab Bank for Economic Development in Africa (BADEA), in Lomé on October 21, 2024. The BADEA executive was accompanied by Serge Ekue, Director of the West African Development Bank (BOAD). The meeting focused on strengthening the partnership between BADEA and Togo.

“I had the honor of being received by His Excellency, Mr. President of the Republic. The purpose of this audience was to present to His Excellency the latest developments of the Bank, but also the prospects for partnership with Togo,” said Ould Tah.

He reaffirmed BADEA's commitment to supporting Togo's development policy, particularly in infrastructure, energy, and agriculture. He also lauded Togolese initiatives aimed at enhancing this strategic partnership.

In Togo, BADEA mainly finances projects with significant social and economic impacts. These include road infrastructure, water supply, energy, education, and health projects. The Arab Bank is a key partner of the BOAD, which is based in Lomé.

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