Togo has made notable strides in advancing the status of young girls and enhancing the financial independence of women, a development that has been positively acknowledged by Ousmane Diagana, the World Bank Vice President for West and Central Africa. This recognition came during a meeting with Togolese President Faure Gnassingbé on Tuesday, February 25, 2025, in Lomé.
Ousmane Diagana highlighted that the progress in women’s empowerment in Togo is rooted in a strong cultural heritage, particularly exemplified by the historical contributions of the Nana-Benz to the national economy. “This is a model we have examined closely and aim to further promote so that other nations can benefit from it. The most crucial aspect is the influence of these women leaders in both public administration and the private sector,” he remarked.
This advancement has been acknowledged in the World Bank’s “Women, Business and Law 2024” report, where Togo achieved an impressive score of 97.5 out of 100, positioning it as a leader among African economies in the promotion of women’s rights.
This accolade marks the culmination of a decade during which Togo has introduced various initiatives focused on enhancing financial inclusion and fostering the economic independence of women. Notably, the National Fund for Inclusive Finance (FNFI), launched in 2024, serves as a key initiative providing tailored financing for women and youth, aimed at empowering them and encouraging their active involvement in national affairs.
