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- Title
TOGO: Unlocking Potential.
- Abstract
According to a report by the World Bank titled "Unlocking Togo's Growth Potential," trade openness and increased private investment are crucial for Togo's economic growth. Despite facing multiple shocks since 2020, Togo's economy is expected to grow at around 5.2% in 2023 and 2024, reaching 5.8% in 2025. The report highlights the African Continental Free Trade Area (AfCFTA) as an opportunity for Togo to double its foreign investment by 2035 and emphasizes the importance of cross-border trade and regional integration. Additionally, the report emphasizes the need to strengthen social inclusion to reduce socioeconomic disparities and realize Togo's full potential.
- Subjects
TOGO; WORLD Bank; CUSTOMS unions; INTERNATIONAL economic integration; FOREIGN investments; SOCIAL integration; ECONOMIC expansion; CROSS border transactions
- Publication
Africa Research Bulletin: Economic, Financial & Technical Series, 2023, Vol 60, Issue 10, p24485B
- ISSN
2053-227X
- Publication type
Article
- DOI
10.1111/j.1467-6346.2023.11358.x