Togo adds CFA 20 billion to support fuel prices

Togo’s government is adding CFA 20 billion to petroleum-product subsidies in its 2026 supplementary budget, raising the allocation to CFA 34.2 billion from CFA 14.2 billion originally planned. The increase is intended to cushion consumers from higher hydrocarbon costs after fuel prices were revised twice in 2026. On September 11, the price of unleaded gasoline rose to CFA 817 per litre and diesel to CFA 766, while Brent crude reached a 2026 peak of $126.41 a barrel on April 30. The subsidy also exceeds the approximately CFA 25 billion estimated for 2025.