On November 9, 2026, Togolese President Faure Essozimna Gnassingbé met with World Bank Vice President for West and Central Africa Ousmane Diagana to review cooperation between Togo and the World Bank. The meeting assessed the partnership's progress and explored new opportunities for collaboration. This discussion occurred within the context of Togo's economic transformation and sustainable development challenges. Both parties expressed satisfaction with the current partnership and reaffirmed their commitment to working together.
Diagana emphasized that the partnership's primary goal is to support Togo's economy, creating better job opportunities, especially for young people and women. This aligns with the World Bank's mission to promote shared prosperity and poverty reduction. The World Bank's support for Togo's economy is crucial for achieving these objectives. Diagana highlighted the importance of a new approach to agricultural development that goes beyond food production to generate economic activities and jobs.
The discussions focused on strengthening the agricultural sector as a driver of economic development and job creation. Diagana stressed the need for a new approach to agriculture, where farmers are also considered entrepreneurs. This approach aims to ensure food security and create jobs. The World Bank's role in supporting Togo's agricultural development was also discussed. The meeting explored ways to implement this new approach and unlock the sector's potential.
Beyond agriculture, the talks covered financing investments in other priority sectors with high growth and job creation potential, such as energy and digital economy. Human capital development through education, vocational training, healthcare, and nutrition is another key area of cooperation. These sectors are crucial for Togo's economic growth and development. The World Bank's support in these areas will help Togo achieve its development goals.
Diagana and Gnassingbé also addressed the security and environmental challenges facing Togo and other West African countries. The region's tensions and conflicts, combined with climate change effects, impact development prospects and require concerted responses. The World Bank's support will help Togo address these challenges. The two leaders discussed ways to mitigate these risks and promote sustainable development.
The Country Partnership Framework (CPF) 2025-2029 defines the World Bank's intervention priorities in Togo, focusing on improving private sector job quality, enhancing human capital, and promoting inclusive and resilient territorial development. Through this cooperation, Togo aims to pursue economic and social transformation with the World Bank's support. The CPF will guide the World Bank's operations in Togo over the next four years.
The strengthened partnership between Togo and the World Bank is expected to drive socioeconomic development and improve living standards. The World Bank's support will help Togo address its development challenges and achieve its growth and employment objectives. The two parties reaffirmed their commitment to working together to promote sustainable development and reduce poverty in Togo.
Key points
- The World Bank will support Togo's agricultural development through a new approach that promotes entrepreneurship and job creation.
