• Togo minister opens talks with private sector to boost growth

• Businesses cite financing gaps, debt, and energy costs as constraints

• Government pledges reforms to improve investment climate and productivity

Togo’s Minister Delegate for Investment Promotion and Economic Sovereignty, Arthur Lilas Trimua, began talks with the country’s main private sector organizations on Saturday, March 14, 2026.

He met with delegations from the National Council of Employers of Togo (CNP-Togo), the Association of Large Enterprises (AGET), and the Association of Togolese Industries.

These were his first official meetings with the business community since taking office, part of broader efforts to strengthen the private sector’s role in economic growth.

Discussions focused on key constraints on economic activity. Business representatives pointed to limited access to financing, domestic debt, and high energy costs as weighing on productivity.

Large companies contribute nearly 20% of tax revenue and employ more than 13,000 people directly. They said the business environment needs improvement, calling for more appropriate tax policies, better infrastructure, and streamlined administrative procedures.

Industry representatives also stressed the need to strengthen domestic production capacity and develop local value chains.

Trimua reaffirmed the government’s commitment to maintaining regular dialogue with economic stakeholders, with the aim of boosting Togo’s appeal to investors and supporting growth.

R.E.D, with Togo First