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Infrastructure development: Togo officially joins the AIIB

10/09/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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Le Togo a marqué officiellement joining the Asian Infrastructure Investment Bank (AIIB). The accession ceremony took place in Beijing at the end of last week in the presence of Togolese President Faure Gnassingbé,

celebrating this promising new collaboration.

L'adhésion à la BAII provides Togo with access to significant financing to carry out large-scale infrastructure projects in key sectors such as health, education, energy, digital technology, transport and water. The AIIB's investments aim to promote sustainable development, improve the quality of life of citizens and strengthen the country's connectivity, both nationally and internationally. For Togo, this membership represents a strategic opportunity to diversify its sources of financing and to benefit from new financial resources as well as technical support for its ambitious development projects. The AIIB supports projects in a variety of sectors, from energy to transport, and collaborates with other international financial institutions such as the World Bank and the Asian Development Bank

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