government-suspends-export-of-metal-scraps-to-bolster-local-supply-chain
Public Management -   "The export of scrap metal and ferrous by-products collected within the Togolese national territory is suspended until further notice.” The...
Economic governance -   Togolese car dealer Diwa International has increased its equity to more than CFA750 million, after raising its capital by over CFA500...
Economic governance -   In line with efforts to become a digital hub by 2025, Togo plans to implement an e-ecommerce development strategy backed by a five-year project...
Investments -   The West Africa-focused investment management and advisory firm, Brightmore Capital, will support the K-pital Race program recently launched by...
Agriculture - In the next few days, the five modern cassava flour (gari) production units projected in the Vo prefecture will be operational. The announcement was made...
Investments - The Urban Center for Business and Entrepreneurship (CUBE) announced that from September 13 to 18, 2021, the city of Aneho would host the sixth edition of...
Culture - A new legislative framework was adopted in Togo to boost the practice of physical activities. Last Tuesday, the parliament passed a bill setting new rules...
Transport - After Togo and Benin, Gozem, the Lomé-based Uber-like startup, is now operational in Gabon, Libreville.  “We are very pleased to start our...
Social - Geospatial and demographic data analyzed by predictive algorithms enabled the Togolese government to refine targeting and optimize the second phase of its...
Transport - Only a few days after getting the Gnassingbé Eyadéma International Airport (AIGE) accreditation, for its level of security and safety being higher than...
Economic governance - The African and Malagasy Robusta Coffee Agency (ACRAM) will open its training center, the Acram Coffee Academy.  This was decided during the...
Economic governance - Togo’s minister of finance, Sani Yaya, ended his mandate as chairman of the Board of Governors of the ECOWAS Bank for Investment and Development (EBID)....
Economic governance - At the end of last week, Togo signed the statute of the Labor Center of the Organization of Islamic Cooperation (OIC), at the latter’s headquarters in...
Public Management - Last week, the International Finance Corporation approved a $20 million loan for Daybreak Power Solutions, a subsidiary of Daystar Power Group. The...
Economic governance - The French embassy in Togo recently announced it would invest between CFA20 to 40 million in 10 projects that will benefit young entrepreneurs and women....
Finance - Badanam Patoki is the new chairman of the Regional Council for Public Savings and Financial Markets (CREPMF). This was disclosed on the official website...
Security - Togo spent the equivalent of $116 million (about CFA63 billion) - 2% of its GDP - on military expenditures in 2020. This is according to a ranking...
Economic governance - Togo now has a national strategy to boost exports to other African countries. This is as African governments are doubling down on efforts to effectively...
Finance - Last Friday, Togo recorded another successful bond issuance on the regional money market, the WAMU securities market.  The operation, an issue of...
Image

LogoClimatAffaires

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.

 

Image
TOGOFIRST

Subscription to our newsletter

Receive daily news about public management, economy about Togo




Others

To contact us: c o n t a c t [@] t o g o f i r s t . c o m

Please publish modules in offcanvas position.