Record of Approval on an Absence of Objection Basis on June 16, 2026 - Togo-Transport Connectivity and Logistics Improvement Program Series of Projects Phase 1

Jul 19, 2026

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This document details the approval of a credit facility for Togo's Transport Connectivity and Logistics Improvement Program, Phase 1. The approval, granted on June 16, 2026, through an Absence-of-Objection Basis, allocates EUR 170.8 million (equivalent to US$200 million) from the International Development Association (IDA) to support the program. The terms and conditions are outlined in the President’s Memorandum IDA/R2026-0132, dated May 28, 2026. The decision was made by the Executive Directors, with Ms. Lailee Jane Moghtader recorded as objecting to the approval. The program aims to enhance transport connectivity and logistics within Togo, likely by investing in infrastructure and improving operational efficiencies to foster economic growth and regional trade. The credit instrument signifies a significant financial commitment towards achieving these developmental objectives, underscoring the importance of the transport sector in Togo's overall economic strategy and its integration into broader regional transport networks.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages1

Reading Time3 min

Record of Approval on an Absence of Objection Basis on Tuesday, June 16, 2026

Togo-Transport Connectivity and Logistics Improvement Program Series of Projects

Phase 1

Credit Approval Details

FAQs

What was approved on June 16, 2026, for Togo?

On June 16, 2026, the Executive Directors approved a credit of EUR 170.8 million (US$200 million equivalent) for Togo's Transport Connectivity and Logistics Improvement Program Series of Projects, Phase 1.

What is the purpose of the Togo-Transport Connectivity and Logistics Improvement Program?

The program aims to improve transport connectivity and logistics within Togo. This likely involves investments in infrastructure and operational enhancements to support economic growth and trade.

Was there any objection to the approval of the credit for Togo?

Yes, Ms. Lailee Jane Moghtader wished to be recorded as objecting to the approval of the credit for Togo.

Jul 19, 2026

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