Togo - Doubling Living Standards and Halving Poverty by 2040 : What Will It Take? - Contribution to the Preparation of the Development Strategy of the Government of Togo

Overview & Synopsis

This report supports the Government of Togo in shaping its 2026–2031 development roadmap by identifying strategic priorities to accelerate structural transformation and achieve the goal of doubling living standards by 2040 while reducing poverty below 15 percent. Building on strong economic progress over the past decade, the analysis highlights both Togo’s structural assets such as its strategic location, logistics potential, and young workforce and persistent challenges, including insufficient job creation, high informality, infrastructure gaps, and limited private investment. The economy faces a mismatch between workforce growth and employment opportunities, compounded by fiscal constraints and external uncertainties. Drawing on lessons from comparable high performing countries, the report emphasizes the need for a more dynamic, private sector led growth model. It outlines key reform priorities across agriculture, logistics, human capital, investment climate, and state capacity, stressing the importance of policy prioritization, effective sequencing, and stronger implementation to unlock sustainable, inclusive growth.