Togo: Towards the Development of an Investment Map to Accelerate Resource Mobilization
Togo, through the Ministry of Investment Promotion and the United Nations Development Programme (UNDP), is preparing to create its investment map focused on sustainable development goals (SDGs). In a recent meeting, the two entities laid the foundation for this tool, which aims to facilitate resource mobilization and expedite access to the country’s financial landscape.
The investment map, to be added to the existing mechanisms, is considered an intelligence tool, a platform that aggregates data and information about investment opportunities and areas in Togo, all related to various sustainable development goals.
In other words, the investment map sheds light on «what can be done in a country in the context of SDGs».
This tool will strengthen the policies implemented by the country to attract both domestic and foreign investments.
Togo’s investment promotion and attraction policies are gaining momentum, and in the sub-region, Togo is emerging as the top destination for investments.
Business operators are drawn to the Togolese investment model, characterized by public-private partnerships.
This model is facilitated by economic reforms initiated under the leadership of the Head of State, Faure Gnassingbé, which ensures a favorable business climate.
The Adétikopé Industrial Platform (PIA) serves as a perfect example of this approach.
Togo is on its way to becoming one of the roughly forty countries worldwide that have an investment map, with around ten of them located in Africa.
Chantal TAWELESSI