Kamal Adjayi

Mayor of the municipality of Golfe 3 - Lomé (Togo)

In the context of recent decentralization in Togo, the Mayor of Golfe 3-Lomé shares his thoughts on strengthening the financing of municipalities. Beyond State transfers and local taxation, which mainly cover the functioning of communes, he calls for the development of an investment vehicle to diversify their sources of financing. Local governments should function as real companies that are part of the global economic chain, developing market facilities and mobilizing the liquidity available on the international financial markets to make investments with a high social and environmental impact. The Municipality of Golfe 3 Lomé is also developing a project for local taxation of the carbon footprint.