Togo: The country innovates with regional institutional platforms to attract investment

The Togolese government has recently taken proactive steps to attract more investments by launching the Regional Institutional Platforms for Investment Promotion and Facilitation (PIRPFI). This initiative, inaugurated on March 13th in Agou, reflects the country’s determination to strengthen its global standing in investment attraction.

Backed by German cooperation through GIZ, this innovative approach focuses on engaging local stakeholders as advocates for regional strengths to prospective investors.

Under the leadership of Manuella Santos, Minister in charge of investment promotion, the objective is to highlight each region’s competitive advantages to foster an investor-friendly environment.

Practically, workshops have been conducted in every region to educate prefects, mayors, traditional leaders, and business stakeholders on investment promotion strategies and government incentives.

These interactions have generated valuable insights that will inform the ministry’s national action plan, reinforcing efforts to promote and streamline investments nationwide.

By placing local actors at the forefront, Togo demonstrates its commitment to cultivating an inclusive and dynamic partnership to drive economic growth across the country.

The Regional Institutional Platforms signify a significant milestone in the overarching investment attraction strategy, solidifying Togo’s appeal as an attractive destination for both local and international investors.