Togo, World Bank agree $1.5 billion partnership
The bank will support agriculture, energy, digital economy and job creation through 2029.
Togo's President Faure Essozimna Gnassingbé met with Ousmane Diagana, the World Bank's vice president for West and Central Africa, in Lomé on Monday, November 9, 2026. They discussed strengthening their partnership, focusing on agriculture, energy, the digital economy, and job creation.
Diagana affirmed the World Bank's commitment to supporting Togo's development goals, aiming to create more and better jobs, especially for young people and women. Agriculture is a key priority, with the bank seeking to transform the sector into a driver of economic value and activity, empowering farmers as entrepreneurs.
The partnership, outlined in the 2025-2029 country plan, includes an indicative allocation of $1.5 billion. This framework prioritizes private sector job improvement, human capital development, and inclusive, resilient territorial development. Previous cooperation in July 2026 saw five financing agreements totaling $429 million for transport, energy, and social cohesion projects.
Why it mattersThe World Bank's $1.5 billion partnership aims to boost Togo's economy by creating jobs and improving living conditions.