AGP Executive Report
Last update: 11 hours agoDebt Relief: China has agreed to cancel part of Togo’s public debt, but the amount and terms remain undisclosed. Togo owed China Eximbank CFAF 160.64 billion at the end of 2025. Import Costs: CMA CGM’s new peak-season surcharge adds $350 per 20-foot container shipped from China to Togo, effective October 22; the carrier has not clarified how it interacts with an earlier surcharge. Digital Finance: Mobile-money transactions in Togo reached CFAF 4,435 billion in 2025, up 7.9%. More than half of registered accounts were active, the second-highest share in WAEMU. Trade Finance: Ghana became the first signatory to the Accra Convention, joined by 25 other countries. The agreement aims to let businesses use cargo documents across transport modes to secure financing and ease cross-border trade. Development Funding: Germany announced €39 million for Togo projects in agriculture, energy and social services, including irrigation, rural roads and the Nangbéto hydro-solar plant. Agriculture: Lawmakers approved a bill to modernize the sector, with plans for an agricultural development fund and measures to improve producers’ access to finance and markets.
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