N°0119/ HAAC/02-2024/pl/p
31.1 C
Lomé
Saturday, March 15, 2025
N°0119/ HAAC/02-2024/pl/p

Togo: The CFAF 125 billion jackpot

HomeEconomyTogo: The CFAF 125 billion jackpot
spot_img
spot_img
spot_img

Faure Gnassingbé's Togo will benefit from 125 billion FCFA ($200 million) in financing from the World Bank , approved on December 10, 2024 via the International Development Association (IDA) .

This support, the second phase of a development policy support program, aims to structurally transform the economy and improve living conditions, particularly in rural areas.

Strategic priorities :

Sustainable agriculture: modernizing and securing land rights for farmers.

Access to energy: promotion of renewable energies for accumulated electrification of rural areas.

Climate action: building resilience to environmental challenges.

Human capital and social protection: from education to support for vulnerable populations.

Inclusive social component

The project includes support for victims of gender-based violence, affirming an inclusive and equitable approach.

Fily Sissoko, the World Bank's representative in Togo, praised the country's advances in sustainable agriculture and climate and social resilience. This financing will help to reduce extreme poverty in rural areas and strengthen economic progress towards a more sustainable and inclusive future.

Editorial staff

Julien SEGBEDJI
Julien SEGBEDJI
Ledefenseurinfo.tg offers you media coverage, reports, advertorials, audiovisual advertising, advertising inserts, magazines, features, interviews and dispatches... Whatsapp contact: 92-70-56-79/ Tel: 70338319 98-60-14-94

Recent articles

Advertising

spot_img

Labels

Advertising

spot_img

WhatsApp Community

spot_img

Sections

Related articles

LEAVE A COMMENT

Please enter your comment!
Please enter your name here

en_USEnglish