togolese-president-faure-gnassingbe-attends-inauguration-of-new-nigerian-president-bola-tinubu
Public Management - Togolese President Faure Gnassingbé attended the inauguration of Nigeria's new President, Bola Tinubu, who succeeds Muhammadu Buhari.  "On this...
Economic governance - In Togo, the Public Procurement Regulatory Authority (ARCOP) just started a team-training course for officials in charge of awarding public contracts at...
Public Management - A delegation from the Union des Conseils économiques et sociaux et Institutions similaires des Etats et gouvernements membres de la Francophonie (UCESIF)...
Finance - Next Friday, June 2, Togo will proceed to a new issue on the WAEMU market. Lomé will try to raise CFA30 billion on the regional stock market.  The...
Logistics - Fracht, the logistics Swiss group, is opening an office in Lomé, Togo. The group’s president for West Africa and the Indian Ocean, Lionel Tristan, made...
Economic governance - The United Nations Conference on Trade and Development (UNCTAD) launched Togo’s Investment Policy Review (IPR) today, May 30, in Lomé. The meeting is...
Agriculture - Togo is currently hosting a regional meeting on fertilizer security in West Africa. Held at the 2 Février Hotel in Lomé, the meeting is organized in...
Banking - Last week, The ECOWAS Bank for Investment and Development (EBID) celebrated ECOWAS Week. The event, which closed on May 26, was hosted at the Bank’s...
Economic governance - BIA Togo, a subsidiary of the Moroccan banking group Attijariwafa, launched the Africa Development Club in Lomé on May 25, 2023. The Club was opened by...
Social - An international meeting focused on strengthening gender equality in Africa through legal reforms just closed in Lomé, Togo. Organized by the...
Education - Each of Togo’s educative regions will soon have a scientific high school. Construction would start next year, Dodzi Kokoroko, the minister of primary and...
Finance - In Togo, Decentralized Financial Systems (DFS) loaned CFA255 billion in 2022, against CFA196 billion in 2021 (+30%). The figure was disclosed during the...
Public Management - The telecom watchdogs of Togo and Ghana, respectively ARCEP and NCA, are holding a 3-day meeting to discuss accidental roaming around their shared...
Economic governance - Amidst the increasing scarcity and costliness of international market financing, Togo is set to “prioritize spending” for the current year. As declared at...
Agriculture - During its latest council of ministers, held on 24 May, the Togolese government adopted a draft bill for the creation and management of the country’s...
ITC - The Internet connectivity firm CSquared recently opened an office in Lomé, its sixth in Africa.  Earlier this month, CSquared, which is in charge of...
Transport - Asky Airlines will lease two Boeing 737-8 MAX from AerCap Holdings. The Lomé-based Pan-African carrier recently signed the lease agreements with the...
Banking - The Public Administration Savings and Credit Cooperative (CECAP) in Togo announced positive annual results at its ordinary general assembly, held on May...
Economic governance - Lomé is hosting a Pan-African forum that gathered Designated National Authorities (DNAs) from 23 countries that adhere to the Pan-African Readiness...
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REFORMS OVERVIEW

 

 

 

 

STARTING A BUSINESS (more info)

At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms….

 

ENFORCING CONTRACTS (more info)

Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo, leveraging many efforts to improve its business climate, was able to jump significantly on the index in the recent years... .

CONTRACT EXECUTION (more info)

Creation of special chambers of commerce for small debts  • Creation of chambers of commerce at the Court of Appeal  • Civil and commercial cases now handled by distinct clerks  • Establishment of commercial courts in Lomé and Kara  • Lawyers and bailiffs now have access to the FORSETI COMMERCIAL platform • A maximum period of 100 days was fixed to settle a commercial dispute .

 

TRADING ACROSS BORDERS (more info)

In comparison to previous years,Togo has significantly improved its ranking under the“Trading across borders” indicator by adopting multiple reforms that focus mainly on the digitization and reduction in delays, for import and export procedures related to import and export.

In comparison to previous years, Togo has significantly improved its ranking on the “Trading across borders” index by adopting multiple reforms that focus mainly on the digitalization and reduction in delays, for import and export procedures related to import and export.

 

CONSTRUCTION PERMIT (more info)

After moving from the 133rd to 127th place under the 2020 Doing Business’ construction permit index, Togo intends to reiterate this feat in the coming edition of the global ranking. To this end, it has introduced this year multiple reforms.

 

GETTING ELECTRICITY (more info)

Over the past two years, Togo’s ranking under the Doing Business’ Getting electricity and water indicator has increased consistently. Owing this performance to multiple reforms aimed at making it easier for businesses to access power and water, Lomé plans to introduce even more reforms this year to keep up its improvements.

 

REGISTERING A PROPERTY  (more info)

Out of all the 'Doing Business’ indicators, Property Registration is where Togo has improved the most since 2018. Indeed, after spending years in the lowest part of this ranking, the country now seeks to beat Rwanda which is the best performer on this index in Africa. To do so, Lomé has been introducing many reforms, with the latest batch implemented this year.

 

PUBLIC PROCUREMENT (more info)

From professionalization to digitization, through legislative regulations, Togo’s public procurement framework is constantly being modernized. Several reforms have been implemented to improve the sector much to the benefit of the private sector, which is the focus of the National Development Plan.

 

PAYING TAXES AND DUTIES (more info)

To improve its business environment, Togo introduced some important reforms related to the payment of tax and duties. From the replacement of some taxes to the cancellation of others through exemptions, the country has only one objective: offer the most attractive tax framework to investors and economic operators. To achieve this, the authorities relied on digitization.

 

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