Business in the Togolese Republic

EENI- School of International Business

Subject: Doing Business in Togo. The Port of Lomé. Syllabus:

1. Introduction to the Togolese Republic (West Africa)
2. Doing Business in Lomé
3. The Togolese economy
4. The International Trade of Togo
5. Case Study:
   1. The Autonomous Port of Lomé
   2. The Togo Free Zone
6. Business and Investment Opportunities in Togo
7. The Foreign Direct Investment (FDI) in Togo
8. Introduction to French
9. Access to the Togolese market
10. Business Plan for Togo

The aims of the subject “Foreign Trade and Doing Business in the Togolese Republic” are the following:

1. To analyse the Togolese economy and foreign trade
2. To evaluate the business opportunities in the Togolese Republic
3. To explore Togo's trade relations with the country of the student
4. To know Togo's Trade Agreements
5. To develop a business plan for the Togolese market

Sample of the subject - Doing Business in Togo

Description of the Subject: Foreign Trade and Business in Togo - Lomé

The Togolese Republic: phosphates, agriculture, and the Port of Lomé.

Strategic position in West Africa. Access to the West African landlocked countries.

1. The Togolese Republic (6,580,000 people) enjoys a strategic position in the West African region
2. The Togolese Population: 6.3 millions of people
3. Area: 56,785 square kilometres
4. The capital of Togo: Lomé (1,570,283 people)
5. The second important Togolese city: Sokodé
6. The official language: French
7. Independence: 1960
8. Togo shares borders with Burkina Faso, Benin, and Ghana

The main religions of Togo: Christianity and Islam (20% of the population, 1.1 million).

Togo belongs to the West African Economic Area of the African Civilisation.

The Economy of Togo:

1. The two pillars of the Togolese economy are the agricultural sector (cotton, coffee, and cocoa) and phosphate industry
2. Togo is self-sufficient in export agricultural products
3. The Port of Lomé is one of the largest in West Africa and one of the safest port and most efficient port in the Gulf of Guinea
4. The Togolese Agriculture: 65% of labour force
5. Cotton, coffee, and cocoa represent 40% of the total Togolese exports
6. Top Togolese trade partners: Burkina Faso, Ghana, the Netherlands, Benin, Mali, and Ivory Coast
7. Most dynamic Togolese sectors: retail, transport, and communications
8. Togo is the fourth larger producer of phosphate in the World
9. The Togolese Currency: Franc CFA
10. The Togolese GDP growth: 6.0%
    1. Primary sector: 52 % of GDP
    2. Services: 32% of GDP
11. Inflation: 2.3%

Togo Telecom is a corporation created by the split of the OPTT two State-owned companies. It is governed by Act No. 90-26 of December 4, 1990, to reform the legal and institutional framework for the Public Enterprises. It has a legal personality and financial autonomy, with a capital of 4 billion CFA francs.

Dakar-Lagos Corridor

Togo has preferential access to

1. Community of Sahel-Saharan States (CEN-SAD)
2. Economic Community of West African States (ECOWAS)
3. West African Economic and Monetary Union (WAEMU)
4. US-WAEMU Trade Agreement
5. The United States Markets: African Growth and Opportunity Act (AGOA)
6. The European Union Markets: Generalised System of Preferences (GSP) and the Cotonou Agreement

The Togolese Republic is a member of:

1. New Partnership for Africa's Development (NEPAD)
2. African Development Bank
3. Economic Commission for Africa (ECA)
4. African Union (AU) - Convention on Preventing and Combating Corruption
5. Organisation for the Harmonisation of Business Law in Africa (OHADA)
6. Summit Africa (Togo)-America
7. Africa (Togo)-Asia Strategic Partnership
8. Afro-Arab Cooperation
9. Arab Bank for Economic Development in Africa (BADEA)
10. Organisation of Islamic Cooperation (OIC)
11. Islamic Development Bank
12. Multilateral Investment Guarantee Agency

❮ Samples - Business in Togo ❯