AGP Executive Report
Last update: 10 hours agoChina Ties: Togo and China elevated relations to a “community with a shared future” during Faure Gnassingbé’s Beijing visit. Xi Jinping pointed to zero-tariff access and cooperation in industry, energy and digital technology. Trade and Finance: Lomé-based Ecobank signed a deal with China’s CIPS to make yuan payments between African and Chinese businesses easier, with Togo’s finance minister present. The bank operates in 34 African markets. Lomé Port: Gnassingbé said the goal is not simply more cargo traffic, but more local value from processing, production and jobs linked to the port. Togo also backed Xiamen’s bid to host the secretariat for a UN high-seas biodiversity agreement. Development Funding: A Togolese delegation is at IMF-World Bank meetings in Bangkok, seeking support amid tight public finances. Urban Works: Togo has begun underground tunneling for a Lomé flood-control project, as the fast-growing city faces mounting drainage pressures.
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