AGP Executive Report
Last update: 19 minutes agoFuel Corridor: Dangote Group plans an undersea pipeline from Nigeria through Lomé to Ghana, potentially supplying Togo directly and challenging the capital’s role as a fuel-storage and trading hub. Construction is expected to start in 2028, though costs and capacity remain undisclosed. Regional Manufacturing: Afreximbank’s $81.9 million loan will help triple output at Nigeria’s Veenocks tile plant, with Togo among its target markets. The expansion is expected to add 300 jobs and increase regional tile supply. Public Finance: Togo’s revised 2026 budget trims spending slightly to CFAF2.74 trillion, but raises planned investment borrowing by 43.7% as grants fall. Public debt stood at 60.2% of GDP in mid-2026, while its total value continued to rise. Infrastructure and Climate Investment: Togo wants to lower the Abidjan–Lagos highway’s projected cost from $15 billion to as little as $10 billion. It will also seek $3.97 billion for 43 green projects at COP31, spanning clean energy, agriculture and transport. Insurance: Lomé is hosting African insurers reviewing rules meant to curb unpaid premiums, a persistent risk to the sector’s financial stability.
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