During the Future Investment Initiative (FII) Europe 2026 summit, President Faure Essozimna Gnassingbé held a strategic meeting on Thursday, June 18, with Yasir ben Othman Al-Rumayyan, the Governor of the Saudi Public Investment Fund (PIF) and Chairman of the FII Institute. This high-level dialogue signifies a major step in strengthening economic ties between Togo and the Kingdom of Saudi Arabia.

Togo and Saudi Arabia focus on structural development

The discussions centered on identifying co-investment opportunities and launching high-impact projects across several vital sectors. Both leaders highlighted agriculture, agro-industry, manufacturing, and port logistics as priority areas for driving the economic transformation of Togo.

A shared commitment was expressed to deepen bilateral cooperation, aiming to stimulate economic growth and generate sustainable value for both nations.

Saudi Public Investment Fund as a key African partner

As one of the world’s premier sovereign wealth funds, the Public Investment Fund (PIF) already holds stakes in several businesses operating across the African continent, including some active within Togo. This established presence reinforces Saudi Arabia’s role as a vital strategic partner in financing developmental initiatives and large-scale investments across Africa.

Revitalizing the Togolese cotton sector

Specific attention was given to ongoing initiatives and potential frameworks to boost the Togolese cotton industry. The objective is to increase the sector’s impact on the national economy and improve wealth creation for local communities.

Strengthening Togo’s investment appeal

This high-level engagement underscores the growing interest of Saudi investors in the Togolese market. By diversifying its financial and economic partnerships, Togo is solidifying its position as a top-tier destination for capital in West Africa.

The President’s involvement in the FII Europe 2026 summit is a clear signal of Togo‘s proactive strategy to engage with global economic leaders and accelerate the implementation of transformative infrastructure projects.