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U.S. Slaps 10% Tariff on Togo: Trade Tensions Threaten AGOA Gains and Fuel China Shift

On April 2, 2025, the U.S. announced a 10% customs duty on all imports from Togo, effective April 5, 2025—a move that risks derailing the West African nation’s export growth and complicates the future of the African Growth and Opportunity Act (AGOA). President Donald Trump’s decision, part of a broader tariff wave targeting African nations, hits Togo’s agricultural and textile sectors hardest, while raising questions about AGOA’s renewal and Togo’s pivot to China. Key Impacts on Togo’s Economy Agricultural exports at risk: Coffee, cocoa, shea butter, and soybeans—cornerstones of Togo’s $97M U.S. export market (2024)—face immediate strain. These products thrived under AGOA, which enabled duty-free access since 2000. Textile blow: The Plateforme Industrielle d’Adétikopé (PIA), a flagship industrial zone, recently began exporting garments to the U.S. New tariffs could stifle this nascent growth. Regional disparities: Lesotho faces a steeper 50% tariff, […]

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Togo to Host Debt Sustainability Conference in Lomé in May

Lomé, Togo, will convene African leaders, financial experts, and global stakeholders from May 12–14, 2025, for a landmark African Union (AU) conference aimed at addressing Africa’s mounting public debt challenges. Under the theme “Africa’s Public Debt Management Programme: Restoring and Preserving Debt Sustainability,” the event seeks to forge unified strategies to stabilize economies and secure long-term fiscal resilience across the continent. Organized by the AU Commission’s Economic Development, Tourism, Trade, Industry, and Minerals Department (ETTIM), the summit will gather representatives from AU member states, central banks, regional economic blocs, finance ministries, multilateral institutions like the IMF and World Bank, and civil society groups. Policymakers and financial analysts will collaborate to refine Africa’s collective position on reforming the global financial architecture—a critical step toward alleviating debt distress. Key objectives include revising continental approaches to debt restructuring, exploring innovative financing mechanisms, and recommending best […]

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