Germany-Togo Partnership: Nearly €300 Million Mobilized Since 2021

Economic governance
Wednesday, 05 February 2025 11:43
Germany-Togo Partnership: Nearly €300 Million Mobilized Since 2021

(Togo First) - Since 2021, Germany has provided €294.3 million (CFA193 billion) to support reforms and investments in Togo. This funding is part of the G20's Compact With Africa initiative and focuses on improving the business environment, vocational training, agro-industrial transformation, agricultural value chains, decentralization, and regional development.

The announcement was made during the Intergovernmental Consultations on Development Cooperation held in Lomé from January 27 to 30, 2025. These discussions are in preparation for bilateral negotiations planned for late 2025 in Berlin.

A Lasting Financial Commitment Until 2027

In 2024, Germany allocated €15 million (CFA9.8 billion) for projects covering fiber optics and digitizing town halls. Another €11 million (CFA7.2 billion) was provided to help improve resilience in northern Togo, including funding school canteens.

The recent meeting reviewed ongoing projects and set priorities for the future. Overall, Germany has committed €530.91 million (CFA347.75 billion) to projects running through 2027, making it one of Togo’s most important development partners.

Ayi Renaud Dossavi  

 

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