AfDB and Togo Launch Project to Reorganize Public-Private Partnerships

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Tuesday, 18 March 2025 18:07
AfDB and Togo Launch Project to Reorganize Public-Private Partnerships

(Togo First) - Togo is moving forward with the African Development Bank's Projet de Renforcement de l'Environnement PPP pour la Promotion des Investissements Privés  (PREPIP) project, a program already implemented in several African nations. The Ministry of Economy and Finance announced that the Bank will provide CFA823 million to support this initiative.

The two-year project aims to strengthen Togo’s public-private partnership (PPP) framework to attract private investment. The focus will be on improving legal and institutional structures while training stakeholders involved in PPPs. 

In line with these efforts, Togo will also introduce the Environmental and Social Management Plan (ESMP), designed to attract domestic and international investors.

The initiative will accelerate the work of "Unité PPP," a public-private partnership unit established in 2022. This unit advises government agencies on preparing and executing PPP contracts, ensuring effective collaboration with private entities.

The Togolese government seeks to boost the country’s competitiveness, diversify funding for strategic infrastructure projects, and improve living standards for the people.

This article was initially published in French by Esaïe Edoh

Edited in English by Ange Jason Quenum

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