Togo
industry

6,019,877 

Land resources: coffee, cocoa, cotton, yams, cassava (tapioca), corn, beans, rice, millet, sorghum; livestock; fish 
Literacy rate
53.2%
Labour force
2.595 million

agriculture: 65%
industry: 5%
services: 30% 
(1998 est.)

As for the remaining 30% (services):
Lack of jobs, university graduates are riding Taxi Motorcycles called Zemidjan to survive.   
GDP: $5.13bn
http://earthtrends.wri.org/text/economics-business/variable-353.html
Citations
Exports: 
re-exports, cotton, phosphates, coffee, cocoa 

phosphate mining, agricultural processing, cement, handicrafts, textiles, beverages 
Imports:
machinery and equipment, foodstuffs, petroleum products
Current account deficit: 
-$272 million 

Almost half of the population is 14 or under
Population growth rate of 2.711%, in the top 25 of the world. 

In 1977 there was an average of 7.8 children per woman. It is currently at 4.3 according to the World Bank. 
Between 1961 and 2003 the population of Togo quintupled. 

Population growth
Growth rate: 1.1% (2008 est.) 
Inflation rate: 8.7%
G.N.I per capita: US $400 (World Bank, 2008)
Govt. 
revenues: $438.1 million
expenditures: $519.9 million (2008 est.)
 

Stock of domestic credit, (amount of money banks have to loan out):
$674'300 (2008)



       Gaza Strip
$ 1,367,000,000 December 31 2008

Switzerland
$ 864,400,000,000
(December 31 2008)
Kenya
$ 10,830,000,000 December 2008

Transportation
http://img99.imageshack.us/i/0480plage20de20lome3fx.jpg/
2'376 km of paved roads
Unpaved: 5,144 km 

532 Km of railway track
French Colonial railway
Narrow Gauge (1m)
Standard Gauge (1.435)
Difficulty buying locomotives. 
Since 1991, the West African CFA        (X0F) coins and banknotes are not accepted in countries using Central African CFA francs (XAF), and vice versa, even though the two currencies trade at par. 

Another obstacle:
Currency. 
X0F
XAF
franc
1914-1960
1967-2005
President Eyadema Gnassingbe 
Coup in 1967
1993 the EU cut off Aid 
(human rights abuses)
 Faure Gnassingbé
Placed into power 2005 by Army
International condemnation by all but France
Election organized after unrest
Won by a landslide
According to UN: 400 Civilian Casualties in violence, and 40'00 fled the country 
Clear favorite for upcoming elections.
Inefficiency and corruption, as well as flawed recruitment policy. 
The "National Direction for Employment Policy" committee does not receive funds. 
The government is aging, and new young graduates are not being recruited into it. 
Legal system and tax collection system are severely flawed.
Bureaucracy ex: 295 days to register property. So one one does, your assets are illegal, and could be stolen at any time. 




Forced to trade with 
69.3% live on less than $2 a day
Poverty cycle 

Bad governance
lack of public goods (education, health and infrastructure)
Capital flight
Brain drain
untrained labour force
Cost for firms
low productivity!
Low taxable 
incomes
Reputation
Cotton subsidies
Low income leads to bribes
Low incomes
Low savings
low investment
low economic growth
Potential
Agriculture
Bio diversity:
six distinct geographic regions; climate varies from tropical to savanna 
 Close to equator
creating favourable
conditions
low wages
Football
http://www.scaw.org/pdf/togo_2007.pdf
Education
At primary level:
Boys $10-12
Girls $6-8
Supplies 
Uniform
Fee increases for secondary school
Healthcare
Life expectancy at birth
59.66


Yemen: 63
Iraq: 70
Entrepreneurship
Informal markets are the only options for many
Narcotics
http://www.encyclopedia.com/doc/1P1-18575935.html
Togo has become a major transit point for illicit drugs, and  
shrinking prices of key commodities has driven many small farmers towards 
marijuana. 
55% drop out rate
Under 15% of primary school teachers are trained. 

Total Debt: 81.4% of GDP
http://devdata.worldbank.org/AAG/tgo_aag.pdf
Time to set up business:
75 days
(legally)
0ut of 183 countries, the IFC ranked Togo at 166 for ease at which one can do business legally. (how much red tape there is)
.....thats seven places below Zimbabwe
http://www.doingbusiness.org/documents/fullreport/2010/DB10-full-report.pdf
Average cost for doing so:
205 % of GDI per capita
Minimum Capital: 514% 



Business
Enforcing contracts:
41 procedures
588 days
45.7% of claim
Perfect for 
Trade with landlocked
Burkina Faso and Niger as well as Benin  
The mystery:
 
60%
"The national network is intended to support Ethiopia’s agricultural sector, handling export grain and livestock as well as providing ‘high speed, high capacity, competitive and affordable’ transport for passengers."
Dr Getachew Betru is a man with a vision. As Director of the Ethiopian Railway Corp, he has been charged by the country’s government with planning and developing a 5 000 km standard-gauge rail network over the next seven years.
11111http://www.railwaygazette.com/news/single-view/view/10/grand-designs-from-ethiopian-railway-corp.html
Less than:
Somalia
Gaza Strip
The unintended consequence
IBIS
0bstacles
Transportation
Helps the poor
Re-Export
So how do we do it?
Private consortium to build and operate for 30 years
The Ethiopian way
$0
No Government involvement
Guarantee
Value of Guarantee?
Ethiopia: $1.5 Billion
More than just charity: 

Empowerment
www.cia.gov
www.flickr.com
www.wikipedia.org
http://hovergirl.files.wordpress.com/2008/01/moosonee-july-2005-train-tracks1.jpg
www.welkerswikinomics.com
Created by Benji Rosen
Africarail
The population of Togo-
French support
Built with World Bank loans
Togo needs a railway!
(one that works)
Stealing Tracks 
(no longer a problem, with longer tracks and concrete)
Attacking trains
(Lack of conflict and weapons, not a problem)
Bismarck
Developed railways in Germany
Economic and military success
However: 
Private firms will only invest if there is a light at the end of the tunnel
A prospect for profits