AGP Executive Report
Last update: 11 hours agoMaritime Economy: Togo’s Minister Delegate for the Maritime Economy, Kokou Edem Tengue, marked World Oceans Day by stressing that nearly 70% of the country’s economic activity and over 75% of tax revenues are tied to the maritime sector, with the Port of Lomé described as the “lung” of the economy and a key West Africa gateway. Regional Trade & Integration: At Biashara Afrika 2026 in Lomé, President Faure Gnassingbé announced visa-free entry for all African nationals with valid African passports for up to 30 days, aiming to boost AfCFTA-style free movement. Cross-Border Logistics: Nigeria’s NACCIMA says cross-border trade is still slowed by delays at border posts, multiple checkpoints, and other non-tariff barriers after a road trip to Togo to assess bottlenecks. Green Finance & Industry: A Lomé green diplomacy conference on June 30 will push climate finance, circular economy and ESG-linked project structuring, pointing to Togo’s climate law and green budget work. Electric Mobility Investment: Spiro secured a $215m equity investment to scale electric motorcycles and battery-swapping across African markets including Togo, with a new CEO appointment from a large swapping network operator. Energy & Climate Pressure: A study warns that charcoal and fuelwood dependence is driving forest loss and health risks across countries including Togo, calling for stronger regulation and cleaner alternatives.
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