Agroinsurance

NEWS

Togo Plans Pilot Agricultural Insurance Scheme for Young Farmers and Entrepreneurs

01.10.2026 13 views

Togo’s PAJEC entrepreneurship program plans to launch a pilot agricultural insurance scheme. The government has issued a call for expressions of interest to select a provider to design and roll out the scheme.

The pilot will target new agricultural entrepreneurs, including individual farmers and producer groups. It is expected to offer index-based insurance covering climate risks, as well as protection against certain animal diseases affecting poultry and small ruminants. The products will cover maize, soybean and rice producers, among others.

Under the technical specifications in the call for expressions of interest, the selected provider will also be required to develop a digital tool allowing insurance payouts to be made directly to policyholders’ or beneficiaries’ bank accounts. The scheme will also include an information platform providing guidance on measures to reduce climate-related risks.

Part of the PAJEC Program

PAJEC was launched in 2025 with a CFAF 28 billion budget to support young and women entrepreneurs and strengthen agricultural value chains.

The project is financed by the African Development Bank (AfDB) and the YEI MDTF trust fund. The initiative comes as Togo expands financing and insurance tools aimed at managing climate risks.

At the end of May 2026, Togo secured CFAF 15.3 billion in financing from the West African Development Bank (BOAD) to strengthen the resilience of communities exposed to climate risks.

In September, the ECOWAS Bank for Investment and Development (EBID) also approved a regional $10 million facility to support climate-smart agriculture in Togo, Ghana and Senegal. Interested firms must submit their expressions of interest by October 14, 2026, at 4 p.m. GMT.

Source - https://www.togofirst.com

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