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Home > Togo > Economy > Business

Togo Business


Togo business comprises of the agricultural and the industrial sector. The Togo economy is mainly agrarian and sixty percent of the population is employed in the agricultural sector. The agricultural produces are exported along with the industry produces. Together constitutes the Togo business.

As agriculture employs more than half the population, therefore great emphasis is made to uplift the agrarian sector. The main food crops, which are the staple food of Togo are millets, corn, rice, sorghum, cassava and so on. Togo people also sow cash crops like cocoa, coffee and palm products, which in turn are exported to other countries. Moreover cattle rearing is also done. Besides cotton and peanuts are also grown, which in turn earns foreign exchange.

In the industrial sector Togo is not far behind. As Togo is rich in commercial minerals like phosphate, iron-ore, therefore industries have also come up to build Togo economy. Phosphate mining is the main industry, actively enhancing Togo business. Besides the phosphate industry there are the textile and beverage industry actively playing a pivotal role in strengthening Togo business.

Togo money, though tied to the French Euro have its own value in the money market. Togo trades its produces with countries like china, France, Ghana and Canada thus strengthening its economy.




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