Togo’s Business Landscape in 2025: A 5% Dip in New Ventures
Togo’s entrepreneurial scene saw a slight cooling-off in the first quarter of 2025, with new business registrations dropping by 5% year-on-year. According to data from the Center for Business Formalities (CFE), 4,262 new businesses were registered between January and March 2025, down from the same period in 2024. While the dip raises questions about economic momentum, the numbers also reveal promising trends in local entrepreneurship and gender inclusivity. Let’s unpack the details. Key Highlights from Q1 2025 Homegrown entrepreneurship thrives: Togolese nationals dominated new business launches, accounting for 81% of registrations. Women’s growing footprint: Female entrepreneurs made up 28.6% of new ventures, underscoring gradual progress in closing the gender gap. January leads the way: The year started strong with 1,498 new businesses registered in January alone, outpacing February (1,314) and March (1,450). A Decade of Reforms: Laying the Groundwork The steady flow of new businesses—despite the […]
