Trade and Business in Togo

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

1. To analyze the Togolese Economy and Foreign Trade;
2. To know the business opportunities in the Togolese Republic;
3. To explore the Togolese trade relations with the country of the student;
4. To know the Togolese Trade Agreements;
5. To develop a business plan for the Togolese market.

The Subject “Foreign Trade and Business in Togo” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:

Doctorate (DIB): African Business, World Trade.

Masters (MIB): Business in Africa, International Business, Foreign Trade.

Course: Business in West Africa.

Learning materials in or Togo Togo Togo.

1. Credits of the subject “Foreign Trade and Business in Togo”: 1 ;
2. Duration: one week.

Area of Knowledge: Africa.

1. Autonomous Port of Lomé;
2. Togo Free Zone;
3. Access to the Dakar-Lagos Corridor.

Togolese Preferential Access and Free Trade Agreements:

1. Togo and the West African Economic Area;
2. Economic Community of West African States (ECOWAS);
3. West African Economic and Monetary Union (WAEMU);
4. Community of Sahel-Saharan States (CEN-SAD);
5. African Continental Free-Trade Area (AfCFTA);
6. United States-Togo
   1. African Growth and Opportunity Act (AGOA);
   2. US-WAEMU Trade Agreement.
7. European Union-Togo
   1. Generalized System of Preferences (GSP);
   2. Africa-European Union Strategic Partnership.
8. Organization for the Harmonization of Business Law in Africa (OHADA);
9. Islamic Trade Preferential System (TPS-OIC);
10. Arab Bank for Economic Development in Africa (BADEA).

1. World Trade Organization (WTO)
   1. WTO Agreement on Sanitary and Phytosanitary Measures (SPS);
   2. WTO General Agreement on Trade in Services (GATS);
   3. WTO Agreement on Technical Barriers to Trade (TBT);
   4. WTO Agreement on Preshipment Inspection (PSI);
   5. WTO Agreement on Safeguards (SG);
   6. WTO Trade Facilitation Agreement (TFA).
2. World Customs Organization (WCO)
   1. Revised Kyoto Convention (RKC).
3. Convention on Contracts for the International Carriage of Goods Wholly or Partly by Sea (Rotterdam Rules, UN).

African Trade and Economic Organizations:

1. Economic Commission for Africa (ECA);
2. African Union (AU)
   1. African Union Convention on Preventing and Combating Corruption;
   2. African Union Development Agency (AUDA-NEPAD);
   3. Comprehensive Africa Agriculture Development Programme (CAADP).
3. African Development Bank (AfDB);
4. Forum on China-Africa Cooperation;
5. Africa-India Framework for Cooperation;
6. Africa-BRICS (Brazil, Russia, India, China, South Africa);
7. Africa-Turkey Partnership;
8. Africa-Asia Strategic Partnership (NAASP);
9. Africa-Korea Partnership;
10. Africa-Japan Cooperation (TICAD);
11. Africa-South America Summit (ASA).

Islamic Organizations:

1. Organization of Islamic Cooperation (OIC);
2. Afro-Arab Cooperation;
3. Arab Bank for Economic Development in Africa (BADEA).

Global Economic Organizations:

1. World Bank (WB);
2. World Trade Organization (WTO);
3. International Monetary Fund (IMF);
4. United Nations (UN)
   1. Conference on Trade and Development (UNCTAD);
   2. International Trade Centre (INTRACEN);
   3. World Intellectual Property Organization (WIPO).

The Togolese Republic

1. The Togolese Republic enjoys a strategic position in the West African region;
2. Togolese Population: 7.6 million people;
3. Area of Togo: 56,785 square kilometers;
4. Capital of Togo: Lomé (1,570,283 people)
   1. Sokodé: 123,000 inhabitants (second largest city);
   2. Kara: 106,000 inhabitants;
   3. Atakpamé: 84,000 inhabitants;
   4. Kpalimé: 101,000 inhabitants;
   5. Dapaong: 34,000 inhabitants.
5. Official language of Togo: French;
6. Togolese Independence: 1960 (France);
7. Togo shares borders with Burkina Faso, Benin, and Ghana.

More information about Togo (EENI African Business Portal).

Main religions in Togo:

1. Christianity;
2. Islam (20% of the Togolese population, 1.1 million);
3. African Traditional Religions.

Togo belongs to the West African Economic Area (African Civilization).

Sample:
Doing Business in Togo

Economy of Togo

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

Sample:

(c) EENI Global Business School (1995-2022)
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