movement-restrictions-to-contain-covid-19-threaten-more-than-81-million-jobs-in-west-africa-s-food-sector-two-million-in-togo
Public Management - In West Africa, more than 81 million jobs in the food sector could be affected by movement restrictions imposed in response to the Covid-19 pandemic. This...
Transport - Air traffic volumes in the WAEMU fell drastically as a result of the various measures put in place to contain the coronavirus pandemic in the...
Economic governance - Togo’s public debt may be less exposed to fluctuations in exchange rates, the country’s ministry of economy and finance said in its latest report for the...
Health - Togo will keep using Chloroquine in the Covid-19 treatment. This was disclosed last Wednesday by the national coordination team for the Covid-19...
Agriculture - In Togo, the National Federation of Cotton Farming Associations (FNGPC COOP-CA) acquired 50 tractors to boost farmers’ capacities and reach a cotton...
Energy - The regional energy interconnection project, which is steered by the West African Energy Pool (WAPP), is expected to be completed in 2023.  The 600...
Agriculture - From 600 tons in 2012, fish production at the Nangbéto Lake has risen to 3,200 tons in 2019.  The significant increase is attributable to the...
Energy - Last week, the KYA-Energy Group delivered ten automated solar-powered handwashing kits to the ECOWAS Investment and Development Bank (BIDC) in...
Finance - By June 5, Togo will attempt raising XOF20 billion on the WAEMU stock market. The money will be used by Lomé to finance its 2020 budget.  The funds...
Economic governance - Togo’s ministry of culture, tourism, and leisure will rehabilitate the Kara hotel in the northern part of the country.  Rehabilitation works, which...
Energy - The UN development program’s office in Togo plans to set 6,894 solar light poles in the Maritime, Plateaux, Central, Kara, and Savanes regions.  The...
Health - To contain the spread of the coronavirus, Togolese authorities plan to test more people and actively monitor suspected cases.  The information was...
Justice - It is now possible in Togo to pay registration fees for commercial cases with prepaid cards. This adds to the already existing option allowing the...
Formation - Last week, the Nunya Lab incubator trained around 460 local artisans to make efficient face masks.  The goal of the lab is to produce one million,...
Banking - Ecobank Group and Google are teaming up to help African SMEs keep pace in a fast-growing digital world. The partners announced they will develop a range...
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REFORMS OVERVIEW

 

 

 

 

STARTING A BUSINESS (more info)

Drastic reduction in the time needed to register a business at the one-stop shop CFE  • Possibility to create an LLC by private deed  • Liberalization of the social capital and nominal value of social shares • Cancellation of registration fees and stamp duties while starting a business • Online registration of a business  • Interconnecting business databases.

 

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)

Creation of an electronic single-window system for external trade .

 

CONSTRUCTION PERMIT (more info)

Dematerialization of the application process  •Launching of an insurance  • Control of quality during and after construction  •Compulsory credentials for the expert in charge of the construction’s supervision • Delays and procedures reduced

 

GETTING ELECTRICITY (more info)

Reduction of the time needed to process a request for connection  • Reduction of 50% of the cost to get connected to the medium-tension grid  • Improved power supply ● Dematerialization and centralization of information, and of the procedures of claims and payments .

 

PROPERTY REGISTRATION (more info)

Reduction of registration fees  • Only XOF35000 to pay for property transfers  • Digitization of land deeds  • The descriptive statement of the land title is issued in 48 hours only!  • Substantial reduction in the time needed to process a full transfer request • Creation of a Property Transfer Office  • Cancellation of second and third stamp duties  • Creation of a one-stop shop for land titles, available online also  • Free access to land data for all .

 

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Should we encourage young togolese toward agriculture?
  • 57 Votes
    Yes
    55.88%
  • 25 Votes
    No
    24.51%
  • 20 Votes
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