AGP Executive Report
Last update: 2 hours agoLomé Airport Sanitation Crisis: A sewage pipe failure at Gnassingbé Eyadéma International Airport turned the terminal into a contamination scene, triggering public outrage and renewed calls for accountability and deeper infrastructure maintenance. Banking Deal: Attijariwafa Bank agreed to buy Société Générale Ghana’s 55.22% stake (with SSNIT taking the rest), aiming to expand in English-speaking West Africa. Women’s SME Credit: Ecobank pledged $2.6bn in lending, including $2bn for women-owned businesses across Sub-Saharan Africa by 2030, with digital onboarding to bring informal traders into the formal system. Skills for Jobs: Togo’s AED and Chinese contractor WIETC signed a three-year pact to align work-study training at IFADs with construction and energy workforce needs, including priority recruitment for graduates. Regional Investment Push: EBID launched preparations for EIF 2027 in Lomé (April 7–8), targeting capital mobilisation for resilience, energy transition, SMEs, and green industrialisation. Payments Infrastructure: BCEAO authorised 175 institutions to offer interoperable instant payments (PI-SPI), with Togo among the active markets. Agribusiness Prices: Togo set 2026/27 reference prices—cocoa at 2,240 FCFA/kg and coffee at 1,300 FCFA/kg—as the new campaign starts Oct. 1. Energy & Industry: Russia–Togo trade talks resumed via a Lomé intergovernmental commission, while the Dangote Lamu refinery groundbreaking in Kenya drew regional leaders and renewed debate over land, timelines, and regional fuel security.
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