togo-adopts-new-strategy-to-fight-cybercrime
Economy - Togo published its new cybersecurity strategy on May 22, 2024. The 2024-2028 plan was drawn by the National Cybersecurity Agency (ANCy). It aims to...
Economy - In Togo, the inflation rate stood at 4.1% in April, against 4.4% in March. The figure was disclosed by the National Institute of Statistics and Economic...
Politics - Ibrahima Mémounatou, a recently re-elected member of the Togolese National Assembly, has been appointed as the new head of the Economic Community of West...
Health - Lomé will host the 23rd International Pharmaceutical Forum (IPF) from July 3 to 6, 2024. Between 1000 to 1500 participants from Africa, Asia, Europe, and...
Economic governance - Togo’s Public-Private Sector Consultation Committee (CCESP) has launched a satisfaction survey of the private sector's interactions with public...
ITC - Togolese telecom firm Togocom and lender Orabank have teamed up to launch PASS TMONEY, a new mobile banking service, on May 23. The service enables...
Health - The number of people with high blood pressure is rising in Togo. From 2011 to 2021, the official proportion of people suffering from the condition rose...
Energy - Togo’s power utility, the CEET, has implemented a daily power supply rationing plan, as households, small and medium-sized enterprises (SMEs), and...
Transport - Yango, the taxi-hailing mobile app, will soon be available in Lomé, Togo. The app should roll out by mid-June. Drivers are signing up at the...
Banking - Bank Of Africa of Togo (BOA-Togo sealed, last week, a major financing deal with the Federation of Women Entrepreneurs and Businesswomen of Togo...
Politics - Togo’s Prime Minister, Victoire Tomegah-Dogbé resigned yesterday with her government. They quit after the final results of the April 29 legislative...
Telecom - Lomé hosts the 21st Seminar of the Francophone Network of Telecommunications Regulation (FRATEL). The two-day event opened today, May 21. Organized by the...
Finance - To tackle the significant housing shortage in the West African Economic and Monetary Union (WAEMU), a major initiative was launched in Lomé last week....
Agriculture - Last week, President Faure Gnassingbé visited three Planned Agricultural Development Zones (ZAAP) in Haho, Moyen-mono, and Amou prefectures. These are the...
Politics - Barbados' Minister of Economy and Investment, Chad Blackman, visited Lomé on May 16, 2024, to foster bilateral cooperation in promising sectors. This...
Education - The Ecole Normale Supérieure (ENS) and Ecoles Normales de Formation des Professeurs d'École (ENFPE) could soon enter a significant partnership. A...
Economic governance - Togo’s Ministry of Investment Promotion (MPI) holds from today a workshop on inter-business relations. Backed by GIZ, the meeting regrouped stakeholders...
Agriculture - Launched two years ago in Togo, the Food System Resilience Program (FSRP) shows "encouraging" results. Dindiogue Konlani, Director of Cabinet for the...
Economic governance - Earlier this week, Togolese President Faure Gnassingbé urged African countries to unite in promoting better cooking practices and energy improvements....
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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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