
Analysis by Region - Emerging Markets - Togo
Description
Togo’s economic prospects, which include a mix of opportunities and challenges, require proactive navigation. Growth remains robust, accelerating to 6.6% in 2024 from 6.4% in 2023. This performance was largely driven by agricultural output, port activity, and infrastructure investment. Sustaining this momentum will require economic diversification and investment in productivity-enhancing sectors. Structural weaknesses also persist, especially regarding fiscal management. Ultimately, we predict growth to slow to 5.5% this year – still a commendable performance given the pervasive uncertainty in the global economy.
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