Faure gnassingbé and yasir al-rumayyan discuss investment prospects for Togo at fii europe 2026
On the sidelines of the Future Investment Initiative (FII) Europe 2026 summit, Council President Faure Essozimna Gnassingbé held a meeting on Thursday, June 18, with Yasir ben Othman Al-Rumayyan, governor of Saudi Arabia’s Public Investment Fund (PIF) and chairman of the Future Investment Initiative Institute board.
This discussion is part of ongoing efforts to strengthen economic ties between Togo and the Kingdom of Saudi Arabia.
Togo and Saudi Arabia focus on transformative projects
During the talks, both leaders explored co-investment opportunities and the development of high-impact projects in several strategic sectors.
Agriculture, agro-industry, manufacturing, and port activities were identified as priority areas to accelerate Togo’s economic transformation.
Both sides reaffirmed their shared commitment to deepening cooperation to drive growth and create value.
Saudi public investment fund, a strategic partner for Africa
Recognized as one of the world’s largest sovereign wealth funds, Saudi Arabia’s Public Investment Fund holds stakes in multiple companies operating across Africa, some of which already have a presence in Togo.
This footprint reinforces the Kingdom’s role as a strategic partner for financing development and investment across the continent.
Togo’s cotton sector takes centre stage
The discussions also covered ongoing projects and mechanisms to revitalise Togo’s cotton industry.
The stated aim is to boost the sector’s contribution to national economic development and wealth creation for local communities.
A strong signal for Togo’s economic appeal
This high-level meeting highlights the growing interest of Saudi investors in the Togolese market.
By diversifying its economic and financial partnerships, Togo aims to strengthen its position as a top investment destination in West Africa and accelerate the implementation of transformative projects.
The Council President’s participation in the FII Europe 2026 summit is part of a broader strategy to promote Togo among major international economic players.