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Togo

Facts and stats about Togo

jaacosta47

Author: jaacosta47

Togo or the Togolese Republic is a small country in West Africa with a population of about 6.7 million. The sub-Saharan country depends primarily on agriculture for revenue. Togo is a member of several international organisations such as the United Nations, African Union, Organisation of Islamic Cooperation, South Atlantic Peace and Cooperation Zone, and the Economic Community of West African States. Right now, the people of Togo have to contend with issues such as poverty, diseases lack of education, and economic deprivation. The United States is one of the developed nations that extend assistance to Togo while monitoring closely the government's willingness to work toward democratic goals. The United States Agency for International Development (USAID) implements local development programs through nongovernmental organizations in Togo. The country has a market-oriented economy and is entitled to special trade benefits under the African Growth and Opportunity Act. U.S. exports commodities such as fuel oil, motor vehicles, petroleum products machinery and food items to this African Republic. It has an existing trade surplus with Togo. On the other hand, the US imports cocoa and coffee from Togo. The country’s export processing zone was created with the support of the American government. It was able to entice private investors from the manufacturing, pharmaceuticals, cosmetics, and food processing sectors. Togo is a potential tourism destination. It possesses natural and cultural attractions as well as human hospitality that can make the country a tourism product. Thus, it can attract the large markets of the US, North America and Europe. Togo is among the most beautiful places in Western Africa. The roads are good and pristine white beaches can be found near the capital city of Lome.

7.15 million

Population. Ranked 100th in 2013.

$574.12

GDP per capita. Ranked 165th in 2012.

Borders

Benin 644 km, Burkina Faso 126 km, Ghana 877 km
Largest city Lome - 366,476
Capital city Lome - 366,476
Major language French (official), local languages
Major religion Indigenous beliefs, Christianity, Islam
Monetary unit Communaute Financiere Africaine franc ; note - responsible authority is the Central Bank of the West African States
Alternative names Republique Togolaise, Togo, Togolese Republic
Groups Group object, Group object, Group object, Group object, Group object

Interesting observations about Togo

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Togo or the Togolese Republic is a small country in West Africa with a population of about 6.7 million. The sub-Saharan country depends primarily on agriculture for revenue. Togo is a member of several international organisations such as the United Nations, African Union, Organisation of Islamic Cooperation, South Atlantic Peace and Cooperation Zone, and the Economic Community of West African States. Right now, the people of Togo have to contend with issues such as poverty, diseases lack of education, and economic deprivation. The United States is one of the developed nations that extend assistance to Togo while monitoring closely the government's willingness to work toward democratic goals. The United States Agency for International Development (USAID) implements local development programs through nongovernmental organizations in Togo. The country has a market-oriented economy and is entitled to special trade benefits under the African Growth and Opportunity Act. U.S. exports commodities such as fuel oil, motor vehicles, petroleum products machinery and food items to this African Republic. It has an existing trade surplus with Togo. On the other hand, the US imports cocoa and coffee from Togo. The country’s export processing zone was created with the support of the American government. It was able to entice private investors from the manufacturing, pharmaceuticals, cosmetics, and food processing sectors. Togo is a potential tourism destination. It possesses natural and cultural attractions as well as human hospitality that can make the country a tourism product. Thus, it can attract the large markets of the US, North America and Europe. Togo is among the most beautiful places in Western Africa. The roads are good and pristine white beaches can be found near the capital city of Lome.

Posted on 28 Mar 2014

jaacosta47

jaacosta47

423 Stat enthusiast

1

The ruling party of Togo won more than two-thirds of the seats in parliamentary during the 2013 elections. Opposition parties hoped to win the parliamentary majority required to push through reforms to curb the power of one the oldest political dynasties in the African continent. President Faure Gnassingbe's family has ruled Togo for almost 50 years. Nevertheless, the ruling UNIR party obtained 62 out of 91 seats in the single-chamber body. The 10 opposition parties, which tried to push for a two-term limit on the presidency barring the President to run for re-election in 2015, only got 25 seats.

In terms of economy, the growth rate decreased slightly in 2013 to an estimated 5.6 percent from 5.9 percent in 2012. However, this is projected to go up by six percent in 2014 and 6.3 percent in 2015. Government reforms in 2013 and the creation of the Togolese revenue office helped administration officials to work towards this end. The government is also looking forward to clean up the business environment that blocks entrepreneurship and property ownership.

Togo plans to depend on the advantages of the local extractive industry. The processing plants as well as port and transport services hope to get the most out of global value chains. The 5.6 percent growth in 2013 was brought about by the impressive performance of the primary sectors. These are cotton and food crops along with services such as retail, transport and storage, and communications. Continuing public investment and a boost to the cotton and phosphate sectors are expected to sustain growth, projected at six percent in 2014.

Posted on 20 May 2014

jaacosta47

jaacosta47

423 Stat enthusiast

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