The Islamic Development Bank (IDB) recently approved financing of $60.30 million (over 36 billion FCFA) for Togo, as part of an initiative aimed at improving the quality of life of the most vulnerable populations. This is thanks to the 357th meeting of the financial institution's Board of Directors, on Monday, October 14, 2024, in Jeddah,

These funds are specifically aimed at supporting income-generating activities and increasing agricultural productivity, which are crucial for the country's economic development.

This approval is part of a larger program, during which the IDB has more than $3 billion to 20 socio-economic development projects in 17 member countries. In total, nine African countries have thus received disbursements, including Mozambique (with $19.80 million to improve their health system and increase access to essential services), Morocco (nearly $480 million for a hydroelectric power project), and Côte d'Ivoire ($281 million for the construction of a highway to improve regional integration and agricultural production), as well as Cameroon ($176.3 million for a hydroelectric power plant project), and Côte d'Ivoire ($281 million for the construction of a highway to improve regional integration and agricultural production), as well as Cameroon ($176.3 million for a hydroelectric power plant project), and Côte d'Ivoire ($281 million for the construction of a highway to improve regional integration and agricultural production), as well as Cameroon ($176.3 million for a hydroelectric power plant project), and Côte d'Ivoire ($281 million for the construction of a highway to improve regional integration and agricultural production). improve its transport systems)