Togo, faced with growing demand for fish products, has developed a five-year investment plan to boost its fish industry. In the heart of West Africa, Togo faces a major challenge: meeting a demand for fish which has increased from 86,905 tonnes in 2012 to 105,235 tonnes in 2022. To meet this challenge, the government Togolese launched the “Fish Sector Investment Action Plan 2024-2028”, a 20 billion FCFA project intended to increase national production by 25% by 2028.
Innovation and development: the pillars of the action plan
Indeed, this action plan, structured around five major axes, aims to modernize the fish industry. It focuses on improving production, processing and marketing conditions, with particular emphasis on the training of stakeholders and support for fisheries research. The objective is to promote seafood products and optimize their contribution to the national economy.
Financing and future prospects
Furthermore, the financing of this ambitious plan will be shared between the Togolese State, the Interprofessional Fish Industry Council (CIFP), and above all, the technical and financial partners (PTF), who will play a leading role with a contribution of 18 .69 billion CFA francs. This initiative is a step forward towards food self-sufficiency and economic prosperity, in a context where current production is not enough to satisfy the growing needs of the Togolese population.
In summary, Togo is positioning itself as a pioneer in the development of its maritime resources, by adopting a proactive approach to guarantee food security and stimulate the economic development of the country.
