Togo will pump CFA1.715 billion in the mango sector in 2024-2028

Fresh Mango

Fruits

Togo

Published Jul 25, 2023

Tridge summary

Togo has developed a five-year plan to invest CFA1.715 billion in its mango industry, with the goal of boosting production, improving quality, and creating a favorable environment for the sector's development. The Togolese government will provide 25% of the investment, while the private sector will contribute 49% and technical and financial partners will provide the remaining funds. The plan also includes dedicating 500 hectares of land to mango farming and establishing specialized zones to further increase production.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

(Togo First) - Togo needs CFA1.715 billion to develop its mango industry over the next five years, ending in 2028. The 2024-2028 Action investment plan for the mango sector was recently validated by the Ministry of agriculture. This was done in collaboration with the Interprofessional Council of the sector. The Togolese State should provide 25% of the investment, or CFA438.6 million and CFA840.9 million or 49% should come from the private sector. Technical and financial partners should provide the last CFA435.75 million. The investment strategy has four main goals: boosting the quality and production of mangoes, doing the same with and valorizing derived products, creating an environment that is conducive to the sector’s development, and improving governance by organizing actors better. In the long term, the five-year plan aims to dedicate 500 hectares of land to mango farming, in the Planned Agricultural Development Zones ...

Source: Togofirst