In-depth country-focused analysis on Togo's economic, political and operational risk environment, complemented by detailed sector insight


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.

Country Risk

Togo Country Risk

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  • 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.


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Togo Industry Coverage (1)


Togo Telecommunications

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BMI View: Comparatively low mobile penetration would suggest a lack of competition in the market needs to be addressed. A tender for a third player has been launched. However, little interest has been expressed in this licence as consumer spending on mobile services is low and Togo Telecom has been able to dominate through its ability to offer wireline and mobile. The incumbent dominates the mobile Internet sector, too. This is key to its success as demand for expensive wireline connections keep the fixed broadband sector in check. Rival Moov has a larger mobile internet user base, but suffers from being unable to upgrade to 3G. The incumbent plans to move to 4G before end-2015, ensuring its dominance and rendering the third licence even less...

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