Togo, officially the Togolese Republic, is a country in West Africa. It is bordered by Ghana to the west, Benin to the east and Burkina Faso to the north. It is one of the least developed countries and extends south to the Gulf of Guinea, where its capital, Lomé, is located. It is a small, tropical country, spanning 57,000 square kilometres (22,000 square miles) with a population of approximately 8 million, and it has a width of less than 115 km (71 mi) between Ghana and its eastern neighbour Benin. Togo is a tropical, sub-Saharan nation whose economy depends mostly on agriculture. The official language is French, but other languages are spoken, particularly those of the Gbe family. 47.8% of the population adhere to Christianity, making it the largest religion in the country.
Togo is a member of the United Nations, African Union, Organisation of Islamic Cooperation, South Atlantic Peace and Cooperation Zone, Francophonie, Commonwealth of Nations, and Economic Community of West African States.
In 2020, Togo pursued reforms aimed at enhancing economic development and encouraging the business environment. The Government of Togo launched a new roadmap for 2020-2025 to engage better with the community and private sector in support of the National Development Plan (PND). The country also has taken steps towards greater industrialization with PIA (Industrial Platform of Adetikope), an industrial zone focused on textile production, agriculture processing, mineral resources, and logistics. Since 2018, Togo has raised its ranking in the “World Bank’s Doing Business” report. Today, the country is ranked on 97th position, the highest ranking in entire West Africa. With agriculture as its core engine of economic growth, Togo has become the top exporter of organic products to Europe in the Economic Community of West African States (ECOWAS), and second in Africa followed by Egypt. The export volume of these organic products (like soybeans, pineapples, and cassava) has doubled from 22,000 tons in 2018 to 45,000 in 2019. The Government of Togo implemented various business reforms and completed large infrastructure projects over the last five years to attract overseas investment. Togo has already expanded and modernized the Port of Lomé, increased agricultural production through Agropoles, and enhanced manufacturing processes. Another goal is to improve social development, including the electrification of the country. In 2017, the country received a credit facility of $238 million from the IMF which further increased to $4.76 billion. The country relies on various resources like agriculture, minerals, textile, and cotton industries.
For foreign companies establishing a presence, allowing them to conduct business directly.
For foreign companies, typically limited to market research and liaison activities.
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Chandrawat & Partners stands as a dynamic and rapidly expanding full-service firm, specializing in the delivery of exceptional professional and corporate services to a diverse clientele, both foreign and local. We proudly represent companies and individuals across a wide spectrum of sectors through distinct entities established in various countries worldwide.
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