On Monday, 15 December 2025, the World Bank Group approved US$150 million (approximately 83.7 billion FCFA) in funding to Togo, aimed at stimulating private investment and creating quality employment over a three-year programmatic series through the International Development Association (IDA).
The first phase of the program supports major structural reforms targeting key levers of national economic transformation, with priorities including increased agricultural productivity, reduced infrastructure constraints, and an improved business environment to attract private capital. Strategic interventions cover land security, access to finance for smallholder farmers, modernization of energy, digital technology, and logistics to enhance competitiveness and attract foreign direct investment.
Justin Beleoken Sanguen, Acting Resident Representative of the World Bank in Togo, highlighted that if fully implemented, the initiative could mobilize up to US$800 million in additional private capital and improve employment conditions for 73,000 people over five years, with agriculture, land, and energy reforms as primary job creation drivers.
The program also establishes the National Land and Land Agency (ANDF) to coordinate land policies and accelerate document issuance, a critical concern for investors and farmers.
Energy sector reforms include revising the governance of the Compagnie énergie électrique du Togo (CEET) and promoting private sector participation, alongside measures to strengthen legal protections for foreign investment. And align general and technical education.
The initiative reflects a shared ambition between Togo and the World Bank to create an enabling environment for private enterprise, support SMEs, and sustain long-term economic growth.