African Development Bank backs Togo’s push for stronger public-private partnerships
The Togolese government has secured strategic support from the African Development Bank (AfDB) through a $5.3 million grant shared with Gambia, Guinea-Bissau and Madagascar. This funding, channeled through the Bank’s Transition Support Facility, will strengthen frameworks for public-private partnerships (PPPs) – a crucial mechanism for attracting private investment and advancing sustainable development.
According to Solomon Quaynor, AfDB Vice President for Private Sector, Infrastructure and Industrialization, the initiative aligns with the Bank’s strategic PPP objectives and will accelerate implementation of transformative projects across beneficiary nations.
For Togo specifically, the support comes at a pivotal moment as the country deepens structural reforms in infrastructure, energy and public services.
The program will focus on three critical areas: refining PPP regulatory and institutional frameworks, boosting participation of domestic private sector actors, and establishing effective project management units.
These interventions build on Togo’s recent progress in improving economic governance and creating a more attractive business climate.
Officials emphasize that the technical assistance will enhance Togo’s capacity to oversee PPP projects while fostering more balanced collaboration between government and private investors.
A particular emphasis on local private sector involvement aims to develop more inclusive and competitive domestic industries.
The AfDB initiative also provides risk assessment tools and negotiation frameworks designed to maximize community benefits while minimizing financial exposures.
This latest support underscores the Bank’s commitment to helping African nations develop sustainable infrastructure through equitable partnerships that drive meaningful transformation.
For Togo, the partnership represents another strategic step toward resilient economic growth anchored in sound public governance.
The strengthened PPP framework is expected to unlock new investments in priority sectors in the near term, further cementing Togo’s position as an emerging hub for strategic development projects in West Africa.
Kodjovi Makafui
