Togo — focus marché émergent

Aperçu économique et sectoriel

Togo is a low-income, least-developed economy in West Africa with a nominal GDP of approximately $9.93 billion (2024). The economy is diversified across agriculture (roughly 28% of GDP), industry including phosphate mining and cement (roughly 22%), and services (roughly 50%), with Lomé serving as a major regional transit and trade hub. Real GDP grew 6.5% in 2024 and 6.3% in 2025, driven by private investment, external demand, and growth in the tertiary sector. Key export commodities include phosphates, cotton, coffee, and cocoa, while re-exports through the Port of Lomé are also significant. Togo uses the BRVM, the regional stock exchange of the WAEMU zone headquartered in Abidjan, for equity and bond market access.

Secteurs clés

Phosphate miningAgricultural processingCementTrade and re-exportsTelecommunicationsBanking and financial servicesTextilesBeveragesPort logistics

📘 Tout savoir sur Togo →

Macro

PIB nominal, USD	$9.93B
Croissance du PIB réel, annuel	6.5%
Inflation annuel	2.9%
Population habitants	9.0M
PIB par habitant USD	$923
Capitalisation boursière total coté, USD	$32.20B
Capitalisation boursière / PIB	324.3%
Chômage	4.0%
Sociétés cotées	47
Bourse	Bourse Régionale des Valeurs Mobilières (BRVM) (BRVM)

Année des données: 2024. Sources: World Bank – GDP (current USD), Togo 2024, Trading Economics – Togo GDP, GDP per Capita, 2024, African Development Bank – Togo Economic Outlook 2025/2026, FocusEconomics – Togo Economy: GDP, Inflation 2024, Wikipedia – Economy of Togo, BRVM – Bourse Régionale des Valeurs Mobilières (brvm.org), AFX/Kwayisi – BRVM Live Market Data, July 2026, African-Markets.com – BRVM Listed Companies, Ecofin Agency – Togo BRVM Bond Listing, 2025, U.S. State Department – 2024 Investment Climate Statements: Togo, GoldenVisas.com – Togo Residency and Citizenship Investment, EBID – Togo Economic Outlook.

Dernières actualités

Togo - Economic Reforms, Political Stability, Human RightsEncyclopedia Britannica · Jul 12, 2026
Togo Consults Private Sector on 2040 Development Plan, Investment ReformsTogo First · Aug 01, 2026
Togo’s quiet rise as a startup contenderAfrican Business · Mar 25, 2026

Autres marchés de la région Africa

Kenya$30.10B

Principales sociétés cotées

Les plus grandes entreprises de la principale bourse locale, par capitalisation boursière.

#	Entreprise	Secteur	Capitalisation boursièreUSD	Cotation américaine
1	Ecobank Transnational IncorporatedETIT · BRVM	Financials	$850.00M	—
2	BRAKINA (Brasseries du Burkina)BRAKBC · BRVM	Consumer Goods	—	—
3	SAPH (Société Africaine de Plantations d'Hévéas)SAPH · BRVM	Consumer Goods	—	—

ETF négociés aux États-Unis

Fonds cotés aux États-Unis offrant une exposition à ce marché — la voie la plus simple pour de nombreux investisseurs américains.

Ticker	ETF	Émetteur	Périmètre	Ratio de frais% annuel	Exposition% du fonds
EZA	iShares MSCI South Africa ETF	BlackRock	Régional Reference only	0.59%	0%
AFK	VanEck Africa Index ETF	VanEck	Régional	0.78%	—

Bourse locale & accès

Bourse	Bourse Régionale des Valeurs Mobilières (BRVM)
Code	BRVM
Site web	www.brvm.org
Devise	XOF

Accès aux courtiers locaux

Togolese equities and government bonds are traded exclusively on the BRVM, the regional stock exchange of the eight WAEMU member states, headquartered in Abidjan, Côte d'Ivoire. The BRVM operates entirely digitally via a dedicated satellite network, allowing brokers in Togo (Sociétés de Gestion et d'Intermédiation, SGIs) to trade remotely. International retail investors typically access BRVM-listed securities through specialist African brokerage platforms such as Daba Finance or through select pan-African broker-dealers. There are no Togo-incorporated companies directly listed on major US exchanges as ADRs.

Courtiers internationaux avec accès aux marchés étrangers

Interactive Brokers — Direct access to 90+ markets worldwide, including many emerging exchanges.
Saxo Bank — Multi-market access across Asia, Europe and the Middle East.
Charles Schwab (Global) — Foreign ordinary shares on select markets; US-listed ADRs and ETFs.
Fidelity International Trading — International stock trading on a number of developed and emerging markets.

Indiqué à titre indicatif uniquement — pas une recommandation. Les marchés disponibles, les frais et les règles d'ouverture de compte varient selon le courtier et votre pays de résidence.

Relocalisation & résidence

Visa d'investissement / programme de résidence

Subventions No formal investment-migration programme

Togo does not operate a formal golden visa, residency-by-investment, or citizenship-by-investment programme. Standard long-term residence permits are available through the National Police for foreigners with qualifying work or business activity, but no dedicated investment-migration pathway exists.

Besoin d'aide pour votre candidature ? Des conseillers spécialisés en migration par investissement tels que Henley & Partners.

Accès pour les investisseurs étrangers

Foreign nationals seeking long-term residence in Togo must apply for a residence permit through the Togolese National Police. The process is well-defined but applicants have reported administrative delays. Employers are legally required to prioritise Togolese nationals; foreign workers cannot exceed 20% of a workforce after five years of operation. French is the official language.

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