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Togo Discusses Financing, Domestic Debt and Energy Issues With Businesses

Togo’s Minister Delegate for Investment Promotion and Economic Sovereignty, Arthur Lilas Trimua, started discussions with the country’s main private sector groups on Saturday, March 14, 2026, according to Ecofin Agency.

He met with representatives from the National Council of Employers of Togo, the Association of Large Enterprises, and the Association of Togolese Industries.

These were his first official meetings with business leaders since taking office and are part of efforts to strengthen the private sector’s role in growing the economy.

During the talks, businesses raised key challenges affecting their operations. They pointed to limited access to financing, the pressure of domestic debt, and high energy costs as major issues reducing productivity.

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Large companies, which generate nearly 20% of the country’s tax revenue and employ over 13,000 people directly, said the business environment needs improvement.

They called for better tax policies, improved infrastructure, and simpler administrative processes.

Industry representatives also emphasized the need to boost local production and develop stronger local value chains.

In response, Trimua said the government will continue regular discussions with businesses to help improve Togo’s attractiveness to investors and support economic growth.

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Image Credit: République Togolaise

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