Our comprehensive assessment of Togo's operating environment and the outlook for its leading sectors are formed by bringing together a wealth of data on global markets that affect Togo, as well as the latest industry developments that could impact Togo's industries. This unique integrated approach has given us an impeccable track-record for predicting important shifts in the markets, ensuring you’re aware of the latest market opportunities and risks in Togo before your competitors.
Togo Country Risk
Togo Country Risk
Annual real GDP growth in Benin will average 5.2% between 2015 and 2024 as consumer spending increases and the country's political stability engenders elevated levels of fixed investment. Nevertheless, a sporadic electricity supply and reliance on cotton production will hold back the pace of economic development.
Benin's political landscape shows little sign of fragility, and will remain one of the most stable, open and accountable in West Africa in the years ahead, enjoined by a free press and a multitude of political parties. Nevertheless, the country faces challenges in the long term such as an overspill of violence from piracy and terrorist activity in the region, and the potential for tribal/ethnic schisms to open.
Togo Industry Coverage (1)
BMI View: We maintain a positive outlook for the Togo mobile market as a whole in our latest 2016 annual report update. Low mobile penetration rates would suggest that the competition factor in the market needs to be addressed. The government has repeatedly stated that it intends to issue a third mobile operator license but no concrete steps have yet been taken. Furthermore, little interest has been expressed in this license as the consumer spending power on mobile services remains constrained by chronic poverty levels and low spending powers. Togo Telecom has been able to dominate through its ability to offer wireline and mobile. The incumbent dominates the mobile Internet sector, too. Rival Moov ...