.gif ) (Princesse) comments |  View-of-Lome |  moto_wb Taxi in Lome |
 downtown-lome place to have view of Lome |  lome-market full of people in market |  lome-City This's my City Lome |
 lome beautifull status |
 lome Lome was good |  sony-Cyber Night in Lome was hot |  grande This is Togo |
 lome1 Look what I can do |
Bussines in Togo
Economy
Agriculture is a major source of growth, accounting for 35.9 per cent of Togo's GDP in 2007, a level it has maintained for most of the past decade. Subsistence crops have accounted for about two-thirds of the output for the last 10 years. Agriculture also employs about 60 per cent of the working population and productivity increases are therefore essential for poverty reduction.Public spending on agriculture has collapsed over the past decade and the sector is hampered by a poor land ownership regime, inadequate water resources management, soil degradation and poor organisation at the local level.
Cotton is one of Togo's three largest exports, with phosphates and cement. Cotton production fell by more than 50 per cent between 2001 and 2008 mainly due to the poor management of the state-owned Société Togolaise du Coton (SOTOCO), the high cost of agricultural inputs, obsolete infrastructure and machinery and the impact of unpredictable climatic conditions such as rainfall. The sector's contribution to GDP decreased from 3.1 per cent in 2001 to an expected 0.4 per cent in 2008. Although structural reform has started, recovery to previous levels of production is expected to be slow, with prices expected to remain at about 140 CFA francs per kilogramme and output at about 15,000 tonnes in 2008/10 if the weather is good.
With renewed donor support and a planned increase in infrastructure investment in areas affected by the 2008 floods, public investment is expected
to boost growth in 2009 and contribute 1.6 percentage points to real GDP growth before moderating in 2010. Private consumption growth is
expected to slow in 2009 due to the impact of the 2008 floods, which hit farmers' incomes, and to the continuing impact of the higher food
prices in 2008 on urban households. However, private consumption is expected to recover in 2010. Growth in government consumption is
expected to rise through 2010 led by increased social spending. Private investment is expected to play an important role in 2009 and
especially in 2010 as a result of inflows of foreign direct investment into the phosphate, banking and telecommunications sectors and
the Autonomous Port of Lomé.
Your commentsAll that goverment is saying that are doing to improve the business in Country or living condition of people. To tell the true I am not seeing it. It's ok. It isn't ok do business. Yup, that'll do it. You have my appreitacion. I think you guys are expecting a miracle from the government. The country is better than before. When his dad was there it was worse. So at least you should appreciate what has been done so far! |
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Politic in Togo
The first parliamentary elections since the 2005 death of President Eyadema, who had ruled for more than 35 years, were held in October 2007. All parties joined the election which was won by the ruling Rassemblement du Peuple Togolais (RPT). The current president of Togo has won re-election in a disputed vote in May7,2010. The election commission said Faure Gnassingbe, son of a late dictator, had beaten opposition challenger Jean-Pierre Fabre. |
What do you think about presidential election ?Your commentsNow we are in era in Africa. When you are father died in power then son take over not to force but by stealing the vote people. Some togolese believe this country's a Kingdom. The country is in mess at moment! |
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Top Hotels
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Top restaurants
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Place to visit
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Internet Access
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Not to miss to see
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Your commentsIf you want to visit this country you are welcome and people are very friendly. It's a good place to see Who say that's good place to visit! |