World Bank Provides $150 Million to Boost Private Investment and Promote Job Creation
Togo, Dec. 15 -- The World Bank Group approved a $150 million (about FCFA84 billion) International Development Association (IDA) operation to support an ambitious package of structural reforms aimed at boosting private investment, fostering the creation of quality jobs, and strengthening the foundations for inclusive and resilient growth.The operation, the first in a three-year programmatic series, addresses key drivers of Togo's economic transformation. It aims in particular to (i) strengthen agricultural productivity through reforms promoting land security and access to financing for smallholder farmers; (ii) reduce infrastructure constraints through energy, digital, and logistics reforms; (iii) Mobilize more private capital by making the...
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