Togo: Golfe 1 Adopts a CFAF 3.3 Billion Budget for 2027

Author: Esaïe EdohPublished on: November 4, 2026Country: Togo
Business & EconomyPolitics
Togo: Golfe 1 Adopts a CFAF 3.3 Billion Budget for 2027

Golfe 1, a municipality in Greater Lomé, adopted a preliminary budget of CFAF 3.3 billion for 2027 during its municipal council’s fourth ordinary session of 2026. The amount is about 5.7% lower than the CFAF 3.5 billion budget for 2026; no reason for the decrease was given. Planned spending will support sanitation, waste management, urban development, health services and improved human-resource management. The budget must be reviewed by an interministerial commission before approval by the minister responsible for territorial administration.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Hamzat Seeks a Stronger Private-Sector Role in Lagos Development
PoliticsBusiness & EconomyNigeria
Olasunkanmi Akoni•

Hamzat Seeks a Stronger Private-Sector Role in Lagos Development

Lagos State Deputy Governor and APC candidate in the 2027 governorship election, Kadri Obafemi Hamzat, called for stronger public-private collaboration, higher public revenue and continued infrastructure investment. Speaking at an investor engagement organized by Aztran on Lagos Island, he cited the rollout of 11 Oracle ERP modules, which he said improved accountability and internally generated revenue, as well as the state’s rail projects. Hamzat said Lagos was reviewing waste collection funding so private operators could receive direct government payments, while subsidies would continue. Aztran Co-Managing Partner Victor Aluyi urged investors to mobilize capital to address infrastructure funding gaps in transport, power, housing, waste management and logistics.

Read More
IMF: National Assembly Complicates Matters for Bassirou Diomaye Faye
Business & EconomyPoliticsSenegal
senenews.com•

IMF: National Assembly Complicates Matters for Bassirou Diomaye Faye

Senegal’s National Assembly rejected the supplementary budget bill on November 3, complicating President Bassirou Diomaye Faye’s negotiations with the IMF over a program worth about $2.2 billion. Economist Thierno Thioune said the lack of a revised budget leaves the government without a formal framework for its fiscal path and could delay financing if the deadlock continues. The bill would have raised the deficit forecast from 5.4% to 7.6% of GDP, an estimated gap of about 550 billion CFA francs, and accounted for nearly 790 billion CFA francs in energy subsidies in 2026. A swift passage of a new bill could limit delays to a few weeks, while a two- to three-month deadlock might require a waiver from the IMF’s executive board.

Read More

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox