Avoiding the pitfalls of past exportation strategies, Togo is now poised as a business hub in West Africa. With attractive fiscal incentives from the Adétikopé Industrial Platform (PIA), the transformation sector has emerged as the top investment opportunity.
Key Sectors to Watch:
The agro-business sector, particularly the soya, cotton, and cajou industries, offer significant returns on investment. Moreover, there are opportunities in processing, conditioning, and logistics, such as juice production and cold chain management.
FinTech and Mobile Money services are rapidly expanding in Togo, driven by high mobile penetration rates and a growing demand for digital solutions to public services.
The construction sector in Lomé is booming, with modern housing, offices, and commercial spaces in high demand. Investing in the city’s outskirts or smaller towns like Kara could also be lucrative.