The Togolese government and the World Bank signed on Wednesday, August 22, a loan agreement of 30 million dollars (about 16 billion CFA francs) to finance infrastructure projects and urban development.
According to the Minister of Economy and Finance of Togo, Sani Yaya, the envelope “will be used to finance the project to improve access to basic urban infrastructure in the cities of Lomé, Kpalimé, Tsévié, Atakpamé, Sokodé. , Kara and Dapaong “. It will contribute to strengthening the institutional capacity of participating cities in planning and urban management, he added.
It should be noted that this project is part of the National Development Plan (PND), adopted last July by the government. The new reference framework of Lomé is composed of three (3) fundamental components, which are the establishment of a logistics hub of excellence for international trade, the creation of jobs through the development of agricultural processing centers , manufacturing and extractive industries, as well as the consolidation of social development and strengthening the mechanisms of inclusion.
The choice of the urban sector for this loan – which will be unblocked by the International Development Association – is explained by “the increasingly important role that cities play in the development of the country, but also by the many challenges they face. are confronted, “said Hawa Cissé Wagué, the resident representative of the World Bank in Togo.
