Togo/ Reactive leadership of President Faure Gnassingbé : Mobilization of emergency measures after the devastating fire in Agoè-Assiyéyé

Following the recent tragedy of the fire that ravaged the Agoè-Assiyéyé market, President Faure Gnassingbé immediately took charge of the situation by ordering emergency measures. Guided by a profound concern for the affected traders, the head of state instituted a rapid deployment of mitigation measures, demonstrating his willingness to alleviate the consequences of this disaster and facilitate an informed resumption of commercial activities.

In this context, strategic meetings took place between the ministers of financial inclusion and trade, the country’s microfinance officials, and representatives of the Professional Association of Decentralized Financial Systems (APSFD). This proactive response illustrates the commitment of the President and his government to act quickly and effectively to assist the victims of this devastating fire.

Concrete actions were discussed in meetings between the ministers, Mazamesso Assih and Rose Kayi Mivedor, and representatives of APSFD, which brings together sixty structures. Among the envisaged measures is the postponement of payment deadlines and the renewal of loans, demonstrating the government’s commitment to support the traders during this difficult period.

Ange Ketor, president of APSFD, emphasized the importance of reassuring and comforting the traders. He insisted on the need to make thoughtful decisions, taking into account the business relationships established over the years. « Nothing will be rushed ; these are business relationships that have developed over many years, and we will not rush them, especially since they are in difficulty. We will work on a case-by-case basis on situations so that activities can resume » he detailed after the discussions.

While the situation remains concerning, microfinance stakeholders have already committed to working together to alleviate the crisis. Additional discussions are planned, demonstrating the government’s determination to ensure financial stability and the recovery of traders affected by this tragedy.

Just Ako.