In a powerful display of its industrial ambitions, Togo has launched the Star Garments factory at the Adétikopé Industrial Platform—marking a turning point in the country’s journey toward becoming a manufacturing and logistics powerhouse in West Africa.
Backed by the International Finance Corporation (IFC) and American apparel giant Komar, the $15 million project is more than just a factory—it’s a promise. One that envisions 4,500 jobs by 2030, with a strong emphasis on women’s employment and environmentally friendly practices.
A Vision Taking Shape
The launch of Star Garments isn’t happening in isolation. It’s a key pillar of Togo’s broader strategy to rebrand itself—not as a raw commodity exporter, but as a destination for high-value production. With its deepwater port in Lomé, one of the most efficient on the continent, Togo is laying down the logistics and policy groundwork to attract investors.
At the heart of this transformation is the Plateforme Industrielle d’Adétikopé (PIA), a modern industrial zone offering streamlined customs, tax incentives, and infrastructure for textile, agri-processing, and light manufacturing firms. For Togo, this isn’t just industrial planning—it’s nation-building.
Economic Winds at Their Back
Togo’s growing economic confidence is backed by solid numbers. In 2024, the country’s GDP grew by 5.3%, with forecasts suggesting even stronger performance in 2025. Inflation is down to just 2.2%—among the lowest in sub-Saharan Africa—giving households and investors much-needed breathing room.
The International Monetary Fund (IMF) recently lauded Togo’s success in implementing 74% of its Extended Credit Facility reforms, citing strong fiscal discipline and steady economic reforms. It’s no surprise then that global brands are starting to notice.
Global Names, Local Impact
Togo is attracting a roll call of global companies betting big on its future:
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Olam has taken over the national cotton company (NSCT), bringing international standards to a critical sector.
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NutriSource recently opened a fertiliser plant in the country’s north.
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TotalEnergies is driving energy infrastructure forward.
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Heidelberg Materials is pioneering green cement production.
Despite occasional security challenges in the north, investor optimism remains high—fueled by a business-friendly government and strategic infrastructure.
Banking on Recovery
Even Togo’s financial sector is showing signs of a comeback. Oragroup, the only Togolese firm on the BRVM regional stock exchange, posted a remarkable net profit of $8.4 million in Q1 2025—up 259% year-over-year. With strong pre-tax earnings and a focus on digital innovation, investors are starting to circle the bank’s undervalued stock.
Institutions That Deliver
This progress isn’t accidental. Agencies like API-ZF, the Togo Investment Promotion Agency, have played a vital role in turning promises into partnerships. Their efforts have helped build investor trust, especially within the country’s special economic zones like Adétikopé.
An OECD–UNCTAD report recently praised Togo’s inclusive industrial policy, noting its commitment to transparency and coordination between the public and private sectors. The formula is working.
A Rising Star
As Togo continues to attract capital into textiles, manufacturing, logistics, and agri-business, it’s clear the country isn’t content with being a quiet player on the sidelines. With infrastructure, leadership, and momentum on its side, Togo is emerging as one of West Africa’s most exciting economic stories.
From factory floors to boardrooms, the message is clear: Togo is open for business—and it’s just getting started.
