Togo launched a three-day workshop on Wednesday to review its investment governance policy, aiming to align it with the African Continental Free Trade Area (AfCFTA) Investment Protocol and promote a more integrated approach to sustainable development.
The workshop is led by the Ministry responsible for Investment Promotion and Economic Sovereignty in partnership with the International Institute for Sustainable Development (IISD). It is held under the theme: “Reforming Investment Governance for Sustainable Development in Line with the AfCFTA Investment Protocol in Togo.”
The event follows the adoption of the AfCFTA Investment Protocol, which marks a new phase in investment governance across Africa.
The workshop will provide participants with an overview of Togo’s investment governance framework, focusing on key legal instruments. Attendees include representatives from public administrations, parliament, the private sector and development partners.
The initiative also seeks to deepen stakeholders’ understanding of the AfCFTA Investment Protocol and to spur discussions on the strategies and tools required to carry out comprehensive reforms of the country’s investment framework.
The reforms are intended to channel investment toward priority sectors while limiting economic, social and environmental risks. Togo has already aligned its development strategy with this approach, placing private investment, industrial transformation and mining development at its core.
“But our ambition is not limited to attracting more investment. Our ambition is to attract better investment: productive and responsible investment that creates value locally, respects the environment and generates decent jobs,” said Bedembada Bedinade, chief of staff at the ministry.
Esaïe Edoh, with Togo First
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