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Togo Economy:

The Togolese economy has struggled over the past two decades and the country is presently still under limited financial aid from the World Bank and IMF. This is mainly due to the misappropriation of funds and claims of poor governance.

The country’s main foreign exchange earner is phosphates. Togo is one of the largest producers of phosphate in the world. Agriculture is also widely practiced producing; coffee, cocoa, cotton, livestock, beans, rice, millet, sorghum, corn, yams, cassava and fish.

The CAF Franc also used in a number of West African countries is the title of the currency in Togo.


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