AGP Executive Report
Last update: 5 hours agoIMF Boost for Togo: The IMF approved a $109.5m disbursement under its Extended Credit Facility after reviews found progress “broadly satisfactory,” while urging faster fiscal, financial-sector and governance reforms. Regional Money for Resilience: The World Bank backed two regional packages totaling $323m that include Togo, targeting electricity access, jobs and community resilience in northern areas. Energy Pressure Points: Togo says recent power cuts are driven by reduced electricity imports from Ghana and Nigeria, and it’s rolling out emergency generation while planning longer-term supply strengthening. Maritime Safety Upgrade: Togo’s National Assembly gave final approval to join two maritime pollution conventions, unlocking access to international compensation and improving preparedness for hazardous spills. Roads Overhaul: Government decrees create AGEROUTE TOGO for road project delivery and SONAFIR to replace SAFER, aiming to cut delays and cost overruns. Agriculture Push: BOAD approved CFA40bn for the second phase of ProMAI farm mechanization and irrigation support, and Togo also kicked off the International Year of the Woman Farmer to expand rural women’s agrifood empowerment. Business & Data Skills: Lomé hosts Di-Kéti (July 2–4) for MSMEs, while Togo trained its first cohort of corporate data protection officers to enforce the 2019 privacy law. Coastline Protection: Boskalis says it completed a major coastal defense in Togo, moving about 1.25m cubic meters of sand and building new groynes under the WACA program.
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