Togo: President Faure Gnassingbé allocates 13 billion CFA Francs to boost food security in 2024

In an unequivocal demonstration of his commitment to the well-being of the Togolese people, President Faure Gnassingbé, through his government, plans to invest 13 billion XOF to ensure food security and strengthen the resilience of the population throughout 2024. These funds represent a substantial portion, 25%, of the 2024 annual budget of the Ministry of Agriculture and Rural Development, estimated at 52 billion XOF.

This financial effort aims to support crucial projects of the ministry, particularly the seven-year food security plan for Togo spanning 2024-2030, which was validated in July 2023.

 The overall objective of this plan is to combat hunger, consolidate food security, promote improved nutrition, and encourage sustainable agriculture.

President Gnassingbé is enhancing the country’s food security to achieve food sovereignty and enable Togo’s farmers to earn a decent living from their work.

Last year, during the Togo Agricultural Producers Forum (FoPAT) in Tsévié, the head of state emphasized this crucial ambition.

A significant portion of this budget allocation will be dedicated to the National Food Security Agency (ANSAT), which will continue its mission of purchasing and storing cereals.

Additionally, it will provide essential pre-financing to agricultural producers, thereby enhancing their capacity to contribute significantly to national food security.

Togo aspires to agricultural production that covers national needs, thereby reducing dependence on food imports.

This substantial investment reflects the government’s commitment to achieving this ambitious goal.

Chantal TAWELESSI