U.S.-Togo Business & Investment Roundtable
On Wednesday, October 12, 2022, CCA hosted the delegation of H.E. Faure E. Gnassingbe, President of Togo at Winston & Strawn LLP in Washington, DC. The event was sponsored by Cybastion with Leila Ndiaye, Senior Vice President for Business Strategy & Government Affairs providing introductory remarks and welcoming the Republic of Togo’s Minister of Investment Promotion, H.E. Rose Mivedor. H.E. Mivedor shared a presentation on the resilience of the Togo economy and the growth opportunities that the West African nation has ahead. Togo offers free access through its market and is the founding member of the West African Economic and Monetary Union (WAE-MU) and the Economic Community of 15 West African States (ECOWAS).
In 2020, Togo stood out as the best performing in terms of investment attraction in the world, relative to its size, according to Greenfield performance index. H.E. Mivedor stated that private investments have almost doubled in 5 years which is equivalent to an average annual growth rate of 12.2%. The main sectors of attraction are infrastructure, industry, banking, telecommunications, energy and mining.
The event included questions and answers from representatives of CCA member organizations and Florie Liser, President & CEO of CCA, provided the closing remarks reiterating the potential and modernized economy of the Republic of Togo.
Special thanks to Winston & Strawn LLP for hosting the event and photography.