The Togo-EU forum is the best chance for European investors to know all about business opportunities in Togo

Economic governance
Tuesday, 21 May 2019 15:52
The Togo-EU forum is the best chance for European investors to know all about business opportunities in Togo

(Togo First) - This is the right time to organize this forum, declared Cristina Martins Barreira, Chief of the European Union Delegation in Togo, commenting on the first Togo-EU forum which will take place in Lomé next June 13-14.

Among reasons backing this statement, the EU official mentioned the launch, a few months ago, of the national development plan. The latter which spans from 2018 to 2022 aims at supporting Togo’s economic transformation, relying mostly (65%) on private sector.

In addition to this, she talked about projects leveraging public-private partnerships and the multiple reforms recently implemented by the country to improve its business climate. These reforms have in effect helped Togo gain 19 places in the World Bank’s 2018 Doing Business ranking; a leap that pushed the country into the top 15 countries that implemented the most reforms over the past decade (Mo Ibrahim Index).

These, according to Barreira, “reflects a strong political will to make private sector the driver of Togo’s economic growth.”

The Togo-EU forum is “the perfect occasion for both European and Togolese firms to know more about available financing opportunities in order to invest in Togo.”

Expected at the event include Togo’s President, Faure Gnassingbé, Jyrki Katainen, Vice President of the European Commission, Carlos Lopes, Mario Pezzini, and Paul Harry Aithnard, among others.

Octave A. Bruce

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