Content presents Togo’s business reforms
By the AFREEQUE newsroom, based on Togofirst
The content concerns reforms aimed at improving Togo’s business climate, particularly in business creation, contract enforcement and cross-border trade. It does not deal with the interest-free loans or compensation announced in the title.
Togo ranked 15th globally and first in Africa in the “Starting a Business” index of the Doing Business 2020 ranking. This performance is part of a series of reforms aimed at making it easier to start businesses and improving the business climate, according to Togofirst.
The country also improved its standing in the “Enforcing Contracts” indicator through several measures, including the creation of specialised small-claims recovery chambers and commercial chambers in courts of appeal. These bodies are intended to hear civil and commercial cases, Togofirst reports. Reforms to Togo’s business climate notably cover contract enforcement.
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Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
