Industry-Investment: Togo Seals New Deal with Singapore, Further Boosting Partnership

Economic governance
Wednesday, 26 March 2025 14:58
Industry-Investment: Togo Seals New Deal with Singapore, Further Boosting Partnership

(Togo First) - Togo and Singapore signed a Memorandum of Understanding (MOU) on March 23, 2025, to enhance bilateral cooperation. The agreement was signed by Togolese and Singaporean Foreign Ministers, Robert Dussey and Vivian Balakrishnan, respectively.  Besides bolstering ties between both sides, the deal should foster investment and industrial development in Togo.

Singapore and Togo have been diplomatic partners for several years. The recent deal aligns with previous commitments, including visa exemptions and diplomatic consultation protocols.

On the investment front, the two countries have been collaborating since 2010 through an economic and technical partnership agreement. This enabled many Singaporean firms, such as Olam, Wafo, GUUD, Strafor, and PIL, to come to Togo. The new deal consolidates existing cooperation and paves the way for new economic and industrial opportunities.

This article was initially published in French by Esaïe Edoh

Edited in English by Ola Schad Akinocho

 

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