Togolese authorities discuss axes 2 and 3 of the 2020-2025 roadmap in Kara, during a key seminar

Economic governance

Monday, 11 April 2022 11:54

Togolese authorities discuss axes 2 and 3 of the 2020-2025 roadmap in Kara, during a key seminar

(Togo First) - Togo held a government seminar in Kara (in the northern part of the country) last Friday and Saturday, April 8 and 9. The meeting addressed the implementation of key projects that fall under the 2020-2025 government roadmap, especially those that are part of the roadmap’s second and third axes.

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The two axes should help boost job creation, modernize the country, and reinforce its structures. Lomé, in line with these objectives, intends to ramp up the number of containers it handles from 1.5 million, currently, to 3 million by 2025. Over the same period, the authorities plan to cut by 30% the average time that ships spend at the Autonomous Port of Lomé (PAL).

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At the moment, this time stands below 52 hours, "thanks to major efforts made since the last government seminar" - efforts that helped reduce the duration by 40% as of March 2022.

Regarding the second axis, President Faure Gnassingbé and his collaborators said “agriculture remains an extremely important sector for Togo,” as it contributes 40% of its GDP and employs 70% of the population.

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"We also discussed the impacts of the current global context on inflation and supply chains. Strengthening our resilience to shocks is a priority of the FDR 2020-2025 (Roadmap, editor's note) whose implementation should be accelerated," said Togolese PM Victoire Tomégah-Dogbé.

The government, during the two-day meeting, also assessed progress made with undergoing projects falling under the 2020-2025 roadmap. Notably, in the areas of digital transformation, universal access to electricity, agricultural transformation, access to water, the Savanes emergency plan…

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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.