Togo and the World Bank held a meeting last week to review projects and programs financed by the lender in the country. The session brought together stakeholders involved in implementing the projects to assess the overall portfolio, identify constraints and propose solutions to improve delivery to local communities.
The World Bank's portfolio in Togo currently totals $1.49 billion and covers 18 active projects and programs, including 10 national and 8 regional. Separately, the International Finance Corporation (IFC), the Group's private-sector arm, invested about $320 million between 2020 and 2025 to support the development of Togo's private sector. The Multilateral Investment Guarantee Agency (MIGA) had a portfolio in Togo worth $172 million as of Dec. 31, 2025, in addition to a $585 million guarantee.
Those funds support initiatives across several key sectors, including employment, energy, governance, agriculture, health, education, local development, social protection, water access, transportation and urban development.
The review assessed the performance of ongoing projects, identified persistent constraints and agreed on corrective measures to strengthen their impact on the population.
Among the main challenges were slow procurement procedures, insufficient resources and limited capacity to absorb funds, which have delayed the implementation of some projects. Participants also highlighted difficulties related to inter-institutional coordination and the monitoring of certain activities.
In response, Anumu Ketoglo, economic adviser to the President of the Council, called on stakeholders to show greater speed, discipline and coordination. “Portfolio performance is not limited to financial commitments or disbursements. It is measured above all by the real impact of projects on people's lives,” he said.
Despite those constraints, World Bank Country Director for Togo Tony Verheijen praised the country’s track record. According to him, Togo has long stood out in the sub-region for the quality of its project portfolio management.
“This has translated into a gradual increase in the size of the portfolio over the years, with innovative projects that support Togo’s development ambitions and respond to the needs of its population,” he said.
Esaïe Edoh, with Togo First
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...
Nigeria introduced a 1% flat tax on the turnover of informal-sector businesses under a new presump...
World Bank announces $137 million to boost West Africa digital economy Program expands broadband, aiming connect 5.2 million people Initiative...
ECOWAS is proposing a regional digital platform for passengers to file and track complaints online. The plan also includes faster compensation...
Senegal plans revised Highway Code adoption by mid-2026 Reform introduces penalty-points licences, mandatory driving school training Measures aim...
CEMAC prices fall 0.4% in Q4 2025, ending five-year rise Inflation stood at 2.8%, below region’s 3% threshold Sharpest price declines recorded in...
With much of Africa’s cultural heritage still held outside the continent and restitutions in Europe moving slowly, a South African video game imagines...
Paris exhibition showcases Brazilian painter Gonçalo Ivo’s Africa-inspired works Show runs March 20-July 9 at La Maison Gacha Exhibition...