Togo had the strongest annual growth in bank credit supply last year. This is the amount of credit offered by the country's financial institutions to potential borrowers

The supply recorded in Togo far exceeded that of other members of the West African Economic and Monetary Union (WAEMU) on this during the year. The country recorded an exceptional increase in the volume of credit put in place by 55.7%. According to data from the Central Bank of West African States (BCEAO). This volume reached 1,265.9 billion CFA francs in Togo over the period under review, compared to 812.9 billion FCFA in 2021

In addition, the neighbouring countries that registered the most significant increases in terms of bank credit are Togo (+55.7%), Benin (+46.6%), Senegal (+10.2%) and Mali (+8.3%).