Togo

Located on the West African coast, Togo is bordered by Ghana, Benin, and Burkina Faso, and is home to approximately 8.6 million people in 2025. National poverty rates are significantly higher in rural areas (58.2%) compared to urban areas (26.2%). Women remain more vulnerable, with more limited access to economic opportunities, education, health care, and other basic socioeconomic infrastructure.

Togo’s score on the Human Capital Index (HCI) stands at 0.43. This means that children born in Togo today will be only 43% as productive as they could be as adults, due to limited access to good health care, adequate nutrition, quality education, and sufficient food.

Political Context

Togo has transitioned to a parliamentary system, with Faure Gnassingbé appointed as the first President of the Council and holding executive authority. Under the new system, the President of the Republic exercises primarily ceremonial functions, while a bicameral Parliament – composed of the National Assembly and the Senate – is responsible for electing both the President of the Republic and the President of the Council. Togo’s political landscape continues to be dominated by the ruling Union for the Republic (UNIR) party.

In northern Togo, security challenges associated with the wider Sahel crisis continue to affect some communities in the Savanes region, with localized impacts on population movements and livelihoods. Recent reports of refugee repatriation point to a gradual normalization of conditions in parts of the north. To better address the issue, the Government has extended the state of emergency through March 2027. The Government’s Emergency Program for Strengthening Community Resilience and Security (PURS) targets approximately 433,758 internally displaced persons, refugees, and host communities across the Savanes, Kara, and Central regions. The WBG supports the implementation of PURS through the Gulf of Guinea Northern Regions Social Cohesion (COSO) Project, which received an additional $69 million in June 2026. COSO aims to strengthen resilience, expand access to basic services, and reduce communities’ vulnerability to violent extremism.

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Togo has sustained robust growth over the past 15 years, but the pace of job creation is not sufficient to meet the aspirations of a growing youth population. Real GDP growth has stabilized at around 5.4% on average over the past 15 years, breaking with decades of weak and volatile growth. However, the nature and level of this growth remain insufficient to generate productive employment opportunities commensurate with the needs and expectations of the population. This is reflected in the gap between the growth of the working-age population—around 150,000 people on average per year—and the pace of job creation, which is closer to 90,000 jobs annually. The consequences of this gap are visible: around 60 percent of the working-age population is underemployed, and only 10% of young people access formal paid employment before the age of 25. A critical challenge is therefore to develop a growth model capable of generating more productive jobs at scale by better leveraging Togo’s assets, including its strategic location, the Port of Lomé, regional corridors, an emerging airport hub, its agricultural potential, nascent special economic zones, and a young workforce.

A more challenging global environment implies short-term headwinds for Togo, but growth prospects remain positive. Following a strong post‑COVID rebound, real GDP growth reached 6.5% in 2024 and an estimated 6.3% in 2025, reflecting robust trends across primary, secondary and tertiary sectors, despite a deteriorating global environment and fiscal consolidation efforts. In 2026, growth is projected to moderate to 5.2%, reflecting in part the impact of conflict in the Middle East, which is putting upward pressure on global energy markets and spilling over into domestic food, energy, and transport prices. Absent a further escalation of geopolitical tensions, growth is projected to strengthen to 5.8% in 2027 and 6.2% in 2028, supported by continued investments in agriculture, industry, energy, and logistics, as well as recovering exports and robust consumer spending as inflation stabilizes around 2%. Ongoing structural reforms, targeting agriculture, energy, logistics, digital services, the investment climate, MSME formalization, and skills, are expected to raise growth by about 0.5 percentage point per year over the next five years, mobilize private capital, create more and better jobs, and accelerate poverty reduction.

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Through development policy operations and the Inclusive Development through Electricity Access Project (IDEA), the Bank's support helped improve the financial viability of the energy sector, increased renewable energy adoption, and enhanced the distribution network in. Current efforts are contributing towards the governance and restructuring of the national electricity company, CEET, the introduction of smart pre-paid meters for state institutions, tariff reform, and guidelines for self-producers and private sector involvement in the power sector. Generally, the Bank continues to provide substantial support for the energy sector with development of policy loans, investment loans, technical assistance, capacity building, and advisory services and analysis.

The Essential Quality Health Services for Universal Health Coverage received an additional $81million financing in FY26 which aims to improve the provision of essential health and nutrition services and quality of care for pregnant women, children, and vulnerable populations.

The Sahel Women’s Empowerment and Demographic Dividend Plus Project aims to improve access to education, economic opportunities, and health services and at strengthening women and adolescent girl’s autonomy. Togo is also a Gender Fast Track Country supported by the Gender Group.

The WBG supports sector transformation through the FSRP and the $300 million AgriConnect MPA, approved in 2025 — a joint WBG operation combining IDA financing, IFC value chain financing and advisory services, and MIGA trade guarantees for fertilizer access.

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The Government of Togo is currently preparing a new Government Roadmap 2026-2031, which will operationalize the country’s emerging Vision 2040. The new strategy seeks to accelerate structural transformation, create more productive jobs, strengthen social cohesion, and improve the effectiveness of public action. The roadmap is organized around three strategic pillars: Protect, Unite, and Transform, and is expected to be implemented through a limited number of high-impact programs and reforms. The Government has emphasized a stronger focus on private investment, competitiveness, regional integration, institutional performance, and results-based implementation, with the objective of doubling average living standards and reducing poverty to below 15% by 2040. The roadmap is currently in the final stages of consultation and validation and is expected to become the Government’s principal development framework for the period 2026-2031

Togo accessed the Prevention and Resilience Allocation (PRA) in May 2024, in recognition of the need to pivot to prevention and address fragility dynamics, in support of the Government’s prevention efforts. The national prevention strategy – Emergency Plan for Strengthening Resilience in the Savanes Region (PURS) first adopted in 2022 – was expanded to national scale, with the aim to: (i) scale up basic service delivery; (ii) strengthen livelihoods and job creation; and (iii) bolster security, territorial administration and early warning systems. The PRA constitutes a substantial additional allocation to Togo's performance-based IDA resources and serves as an important platform for policy dialogue, backed by commitments on trajectory-shifting reforms to address FCV.

The World Bank Group’s Country Partnership Framework (CPF) (FY25-FY29) with Togo is aligned with ongoing national strategies and focuses on three high-level objectives:

• Increasing quality private sector employment;
• Enhancing human capital;
• Promoting inclusive and resilient territorial development.

Togo’s active portfolio consists of 20 operations for a total commitment of $2.1 billion comprising 10 national projects totaling $1.24 billion (including 1 DPF and 3 PforR) and 10 regional projects totaling $831 million.

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IFC has been a key partner for Togo, with landmark investments in the port logistic, energy, and in facilitating access to finance for small and medium-sized enterprises (SMEs).

As outlined in the World Bank Group’s Country Partnership Framework (CPF) for FY2025–2029, IFC’s strategy in Togo will focus on: (i) agricultural productivity and selected agro-food value chains, as well as access to irrigation, mechanization, and financial services; (ii) improved transport and logistics infrastructure to position the country as a regional business hub through direct financing and public-private partnerships (PPPs); (iii) restructuring the energy sector to ensure reliable and sustainable access to electricity for all; and (iv) digitization and development of the digital economy to stimulate growth, create jobs, and build resilience.

IFC’s portfolio has grown significantly between FY2022 and FY2026. During this period, IFC has invested and mobilized $423 million across several sectors, including agribusiness, manufacturing, energy, transport, logistics, MSMEs financing and digital — IFC’s strategy aligns with the WB ‘s priorities, including the M300 initiative to improve access to reliable and sustainable energy, and AgriConnect, which aims to transform smallholder farming, create jobs, and strengthen food security.

MIGA’s engagement in Togo has deepened materially and positions MIGA as a catalytic partner to crowd in private capital under tight fiscal conditions, particularly around trade finance and energy. As of August 2026, MIGA’s gross exposure in Togo amounted to $186.40 million. MIGA has also supported the West African Development Bank (BOAD), of which Togo is a member, mobilizing $587.4 million of commercial financing towards sustainable and climate finance projects in its member countries.

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