Togo: AU Debt Summit/Togo, catalyst for new African debt governance under the leadership of Council President Faure Gnassingbé
Under the leadership of the President of the Council, Faure Gnassingbé, Togo has become a hub for regional meetings aimed at making vital decisions for the continent—a starting point for a renewed momentum and a new African agenda. Under the Council’s presidency, Lomé is hosting the African Union Summit on Debt.
By hosting the first African Union Conference on Public Debt, Togo confirms its strategic role in redefining the continent’s economic priorities. Driven by the leadership of President Faure Gnassingbé, Lomé is establishing itself as a platform for clear-sighted and ambitious dialogue, calling for a rethinking of the debt framework—one not based on austerity, but on structural transformation.
This initiative positions Togo as a central diplomatic player and a facilitator of regional consensus, capable of bringing forth a united African voice on global issues. The choice of Lomé reflects the country’s political stability, its commitment to regional integration, and its ability to promote a renewed vision—one where debt becomes a lever for development, not a constraint on public spending.
Through this conference, Togo asserts a stance of regional leadership and shared responsibility in response to challenges such as economic sovereignty, climate justice, and collective security. Ultimately, this summit will lead to a recommendation known as the “Lomé Declaration”, which is expected to lay the foundations for a new African economic governance framework on debt.
