Lomé Hosts Continental Economic Shift
Togo has positioned itself at the center of Africa’s economic transformation, hosting the Biashara Afrika 2026 forum in Lomé. The event, focused on the African Continental Free Trade Area (AfCFTA), brought together over 1,900 participants to address the continent’s $3.4 trillion market potential. President Faure Gnassingbé emphasized that the AfCFTA represents an instrument of continental sovereignty, aimed at shifting Africa from a raw material exporter to a processed-goods producer.
As part of its push for integration, Togo announced a visa exemption policy for all African nationals holding valid passports. This measure is intended to facilitate the movement of entrepreneurs and investors, supporting the goals of the AfCFTA, which currently includes 50 ratified state parties.
Expanding Global and Security Ties
Beyond regional economic integration, Togo is deepening its international security and bilateral trade partnerships. In mid-June 2026, Togo’s National Civil Protection Agency (NCPA) concluded ‘Operation Lignite Coast 2026,’ a field training exercise conducted with the North Dakota National Guard. This exercise, part of a 12-year State Partnership Program, focused on disaster preparedness and inter-agency coordination, enhancing Togo’s capacity to handle emergency scenarios ranging from flood displacement to medical crises.
Simultaneously, Canada is seeking to revitalize its economic presence in Togo. High Commissioner Myriam Montrat met with the Togo Chamber of Commerce and Industry (CCI-Togo) in July 2026 to discuss investments in the green economy and waste-to-energy projects. Current trade data indicates a significant growth opportunity, with bilateral trade valued at approximately $31.6 million in 2025, leaving substantial room for expansion.
Economic Rebound and Domestic Growth
Domestic economic indicators suggest a positive trend, with 8,129 new businesses registered in Togo during the first half of 2026—a 25.9% increase compared to the same period in 2025. This rebound follows two years of decline, driven largely by local entrepreneurs who account for 80% of new registrations. With the implementation of AfCFTA protocols and renewed international interest, the Togolese government is focusing on regulatory upgrades and digital infrastructure to sustain this momentum.