During the Future Investment Initiative (FII) Europe 2026 summit, Togolese Prime Minister Faure Essozimna Gnassingbé engaged in a strategic meeting on June 18 with Yasir Al-Rumayyan, Governor of Saudi Arabia’s Public Investment Fund (PIF) and Chairman of the Future Investment Initiative Institute.
This high-level dialogue reflects a shared commitment to deepen economic ties between Togo and Saudi Arabia, highlighting new opportunities for mutual growth.
Structural projects to boost Togolese economy
The discussions centered on co-investment potential and high-impact initiatives across key sectors identified for Togo’s economic transformation. Priorities include agriculture, agro-industry, manufacturing, and port operations, all positioned as catalysts for sustainable development.
Saudi PIF: a gateway to African investment
The Public Investment Fund (PIF), one of the world’s largest sovereign wealth funds, has expanded its African footprint with ventures in multiple countries, including Togo. This strategic presence reinforces Saudi Arabia’s role as a key partner for development financing on the continent.
Revitalizing Togo’s cotton sector
Beyond infrastructure and industrial projects, the talks addressed the revitalization of Togo’s cotton value chain. Renewed mechanisms aim to enhance the sector’s contribution to national wealth creation and rural prosperity.
A milestone for Togo’s economic appeal
The Prime Minister’s participation at FII Europe 2026 underscores Togo’s growing appeal to global investors. By diversifying economic partnerships, the country is positioning itself as a leading investment destination in West Africa while accelerating the execution of transformative projects.
