Doing Business in the Togolese Republic
EENI - Business School.
Subject (Course): International Trade and Business in Togo. Port of Lomé.
- Introduction to the Togolese Republic (West Africa).
- Doing Business in Lomé.
- Togolese economy
- International Trade of Togo
- Case Study:
- Autonomous Port of Lomé
- Togo Free Zone
- Business and Investment Opportunities in Togo
- Foreign Direct Investment (FDI) in Togo
- Introduction to French
- Access to the Togolese market
- Business Plan for Togo
Objectives of the subject “Doing Business in the Togolese Republic”:
- To analyse the Togolese economy and foreign trade
- To evaluate business opportunities in the Togolese Republic
- To explore Togo's trade relations with the student's country
- To know Togo's Free Trade Agreements (FTAs)
- To develop a business plan for the Togolese market
Sample of the subject - Doing Business in Togo
Subject Description: Foreign Trade and Business in Togo -
The Togolese Republic: phosphates, agriculture, and the Port of Lomé.
Strategic position in West African. Access to West African landlocked countries.
- The Togolese Republic (6,580,000 people) enjoys a strategic position in the West African region.
- Togolese Population: 6.3 millions of people
- Area: 56,785 square kilometres
- The capital of Togo: Lomé (1,570,283 people)
- The second important Togolese city: Sokodé
- The official language: French
- Independence: 1960
- Togo shares borders with
Burkina Faso, Benin, and Ghana.
The main religions of Togo: Christianity and Islam (20% of the population, 1.1
Togo belongs to the West African Economic Area of the African Civilisation.
The economy of Togo:
- Two pillars of the Togolese economy are the agricultural sector (cotton, coffee, and cocoa) and the phosphate industry.
- Togo is self-sufficient in export agricultural products.
- Port of Lomé is one of the largest in West Africa and one of safest port and most efficient port in the Gulf of Guinea.
- Agriculture: 65% of labour force
- Cotton, coffee, and cocoa represent 40% of the total
- Top trade partners: Burkina Faso, Ghana, the Netherlands, Benin, Mali, and Ivory Coast
- Most dynamic Togolese sectors: retail, transport, and communications
- Togo is the fourth larger producer of phosphate in the World.
- Togolese Currency: Franc CFA
- Togolese GDP growth: 6.0%
- The primary sector: 52 % of GDP
- Services: 32% of GDP
- The 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 Public Enterprises. It has a
legal personality and financial autonomy, with a capital of 4 billion CFA
Togo has preferential access to
- Community of Sahel-Saharan States (CEN-SAD)
- Economic Community of West African States (ECOWAS)
- West African Economic and Monetary Union (WAEMU)
- US WAEMU Trade Agreement
- The United States markets: African Growth and Opportunity Act (AGOA)
- The European Union markets: Generalised System of Preferences (GSP) and the Cotonou Agreement
The Togolese Republic is a member of:
- New Partnership for Africa's Development (NEPAD)
- African Development Bank
- Economic Commission for Africa (ECA)
- African Union (AU) - Convention on Preventing and Combating Corruption
- Organisation for the Harmonisation of Business Law in Africa (OHADA)
- Summit Africa (Togo)-America
- Africa (Togo)-Asia Strategic Partnership
- Afro-Arab cooperation
- Arab Bank for Economic Development in Africa (BADEA)
- Organisation of Islamic Cooperation (OIC)
- Islamic Development Bank
- Multilateral Investment Guarantee Agency