The proposed operation concerns a UA 2.5 million grant and a UA 8 million loan from the African Development Fund (ADF) to the Republic of Togo to finance the Governance and Private Sector Development Support Project (PAGDSP). The Bank's involvement is mainly informed by the need to continue strengthening the resilience of Togo, which remains in fragile situational though in the early stage of transition from fragility. PAGDSP will provide multi-faceted support focused on(i) strengthening the capacity to mobilise internal and external financial resources; (ii) improving gender-sensitive budget programming and strengthening the integrity of the expenditure chain; (iii) supporting transparency and accountability in public finance management; and (iv) bolstering the private sector’s capacity to increase its contribution to financing the economy. The project will help to improve the quality of life for the people of Togo by contributing to the establishment of a favourable institutional environment for implementing the new “Togo 2025”roadmap. PAGDSP implementation (January 2022 -December 2025) will enable the Bank not only to consolidate the gains of the PFM system strengthening, but also to broaden its support for the government’s private investment promotion measures.

Togo

African Development Bank Group

Africa Sub-Saharan Africa

Construction Computer Hardwares and Consumables

16.12.2021

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