Togo now has its own map for investment directed towards the Sustainable Development Goals (SDGs).
The tool was presented during a two-day meeting in Lomé, initiated by the government through the Ministry of Industry and Investment Promotion (MIPI). This map, a first for the West African country, is the result of a partnership with the United Nations Development Programme (UNDP) and is designed to guide investors towards sectors with a strong social, environmental, and economic impact.
Ten areas of opportunity were identified through a prior study, spread across five key sectors: agro-food (production and processing of organic soy, pineapple juice, livestock, and fish farming), renewable energy (solar kits), telecommunications, industrial transformation (phosphate to fertilizer), and information technology.
"Even if we improve the business environment, if investors do not have reliable information about the market size or sector profitability, they will not come. This investment map will precisely help Togo better mobilize both national and international resources to achieve the SDGs, create jobs, and generate sustainable income," explains Kwami Ossadzifo Wonyra, a consultant on the project, as cited by Togofirst.
For Sikpa Atsouvi Yawo, Director General of API-ZF, representing the Minister of Investment Promotion at the meeting, this initiative will "accelerate the emergence of sustainable and competitive businesses."
"This work highlights the fundamental role of green entrepreneurship and the private sector in creating value and jobs," adds Seynabou Diaw-Ba, Deputy Resident Representative of the UNDP.
With this validation, the document should now be made available to the general public and investors.
