Togo and Saudi Arabia explore new investment frontiers at FII Europe 2026

During the Future Investment Initiative (FII) Europe 2026 summit, Togolese President of the Council Faure Essozimna Gnassingbé held a pivotal meeting with Yasir ben Othman Al-Rumayyan, Governor of Saudi Arabia’s Public Investment Fund (PIF) and Chairman of the Future Investment Initiative Institute. The encounter took place on June 18, 2026, on the sidelines of the high-profile event.

The discussions centered on deepening economic collaboration between Togo and Saudi Arabia, with a particular focus on identifying high-impact projects across key sectors.

Strategic sectors drive Togo-Saudi economic partnership

The talks highlighted several priority areas where both nations can collaborate to boost Togo’s economic transformation. Among these sectors are:

• Agriculture and agro-industry: Leveraging Saudi investments to modernize Togo’s farming landscape and boost productivity.
• Manufacturing: Strengthening industrial capacity through joint ventures and technology transfer.
• Port infrastructure: Enhancing Togo’s logistical capabilities to serve as a regional trade hub.

The mutual commitment to fostering economic growth and shared value creation was a recurring theme throughout the meeting.

The PIF: A gateway to African investment opportunities

The Public Investment Fund (PIF) of Saudi Arabia stands as one of the world’s most influential sovereign wealth funds, with substantial holdings across Africa. Its existing engagements in Togo underscore the Kingdom’s strategic role in financing development and fostering economic partnerships on the continent.

This positioning reinforces Saudi Arabia’s reputation as a key player in Africa’s investment landscape, offering Togo a pathway to accelerate its economic ambitions.

Revitalizing Togo’s cotton sector through Saudi collaboration

The discussions also delved into strategies to reinvigorate Togo’s cotton industry—a vital component of the nation’s economy. Efforts were outlined to implement measures that would enhance productivity, improve market access, and maximize the sector’s contribution to national wealth creation.

The goal remains clear: to empower local communities and drive sustainable economic progress through a thriving cotton value chain.

A milestone for Togo’s economic appeal

This high-level engagement signals growing Saudi interest in Togo’s economic potential. By diversifying its international partnerships, Togo is positioning itself as a prime destination for foreign investment in West Africa.

The President of the Council’s participation in FII Europe 2026 underscores Togo’s proactive strategy to attract global investors and fast-track the implementation of transformative projects.