in Short
Togo Business creations break new record, 11,000 new entities created in 2019
In Togo, business creation reached a new peak in 2019, after having just barely reached its 2015 record a year earlier, according to information released by Togo First. The dynamics observed in 2018 therefore continued last year, driven by new reforms conducive to the business environment. These reforms had propelled the country to 15th place on the « Business creation » indicator of Doing Business 2020. In this edition, the Country made a remarkable breakthrough of 40 places after the jump of 19 places in 2018.