Sawiris Eyes West Africa: Orascom Group Explores Landmark Investments in Togo

The Togolese market is on the verge of a significant economic boost as Egypt’s Orascom Group, led by billionaire Naguib Sawiris, moves to establish a strategic presence in the country. Following a high-level meeting in Lomé on March 10, 2026, between Sawiris and Togo’s Minister of Investment Promotion, Arthur Lilas Trimua, the conglomerate is actively scouting for partnership-driven projects. This move marks a major step in Orascom’s long-term sub-Saharan expansion strategy, supported by a $170 million financing facility previously secured from Afreximbank.

While the specific sectors for the upcoming projects remain confidential, Orascom’s diverse portfolio—ranging from telecommunications and high-tech infrastructure to tourism and energy—suggests a wide-reaching impact. Togolese authorities view this engagement as a critical endorsement of the nation’s economic reforms and business climate. For a country focused on job creation and digital transformation, the entry of a group that pioneered mobile networking in Egypt and manages multi-billion dollar infrastructure assets worldwide represents a potentially transformative moment for Togo’s industrial and technological landscape.