Togo plans to produce 30,000 tons of soybeans per year by 2028

Published 2023년 6월 20일

Tridge summary

Togo is setting a target to increase its soybean production to 500,000 tons per year by 2028, as part of a five-year strategic plan. The country aims to strengthen its position as the leading exporter of organic soybeans to Europe by focusing on local processing, enhancing export of organic soybeans, and strengthening human resources. The plan aims to increase farmers' and stakeholders’ revenues and make Togo more competitive in international markets. The country has nearly 30,000 farmers, 200 sellers and exporters, and around 100 firms operating in the soybean industry.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Togo First) - Togo seeks to ramp up its soybean output to 500,000 t per year by 2028. The target is set in a five-year strategic plan recently validated in Lomé. By boosting its production, the country hopes to consolidate its position as the leading exporter of organic soybeans to Europe. The new plan emphasizes key areas such as developing local processing, enhancing the export of organic soybeans, and strengthening human resources. "We must reach an annual production of 500,000 tons by 2028. This will allow us to ensure a maximum stock for local processing and export the rest," declared Komlan Kadzakade, president of the soybean sector's professional committee. Focusing on local processing and generating added value should allow Togo to leverage its competitive edge in organic soybean production. This, in turn, should increase farmers' and stakeholders’ revenues, as well as ...
Source: Togofirst

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