Togo Profile:
- Togo, officially the Togolese Republic is a sovereign state in West Africa.
- Togo is a tropical, sub-Saharan nation, whose economy depends highly on agriculture, with a climate that provides good growing seasons.
- Major crops are cassava, jasmine rice, corn, and millet. Other important sectors are the brewery and the textile industry.
- Togo is a member of the United Nations, African Union, Organisation of Islamic Cooperation, South Atlantic Peace and Cooperation Zone, Francophonie and Economic Community of West African States.
- Togo is among the world’s largest producers of phosphate and seeks to develop its carbonate phosphate reserves, which provide more than 20% of export earnings.
Togo Economy:
- Togo is enjoying a period of steady economic growth fuelled by political stability and a concerted effort by the government to modernize the country’s commercial infrastructure.
- Togo’s 2016 economic growth remained steady at 5.3%, largely driven by infusions of foreign aid, infrastructure investment in the port and mineral sectors, and improvements in the business climate. Foreign direct investment inflows have slowed in recent years.
- The economy depends heavily on both commercial and subsistence agriculture, which provides employment for around 60% of the labor force.
- Cocoa, coffee, and cotton and other agricultural products generate about 20% of export earnings with cotton being the most important cash crop.
- Reducing fertility, boosting job creation, and improving education will be essential to reducing the country’s high poverty rate.
Togo Facts:
- Population: 7.9 million
- Capital: Lomé
- Largest city: Lomé
- Area: 56,785 sq km
- Major language: French (official), Ewe and Mina, Kabye and Dagomba
- Major religion: Christian 29%, Muslim 20%, indigenous beliefs 51%
- Life expectancy: 62.8 years (Male), 68.1 years (Female)
- Monetary unit: 1 Franc CFA(CFA Fr, XOF) = 100 centimes
- Main exports: Re-exports, cotton, phosphates, coffee, cocoa
- GNI per Capita: $1,370
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