togo-inflation-at-2-9-in-2024-against-5-3-in-2023
Public Management - Togo recorded an inflation rate of 2.9%  in 2024, against 5.3% and 7.6% in 2023 and 2022, respectively. The drôp, reported by the country’s...
Agriculture - This week, Togo kicked off two projects to restore damaged forest areas and improve life for local communities. The "AFR100-Togo" project, funded by the...
Public services - Togo’s e-services portal processed over 400,000 requests in 2024, four times the number recorded in 2023, spurred by rapid user adoption. The platform was...
Economic governance - The Togo government plans to update its laws on competition and consumer protection. The new bill was introduced for its first reading on January 22,...
Education - Enko Education, a firm running a network of international schools across several African countries, has secured $24 million in funding from Africa...
Culture - The European Union (EU) Delegation in Togo has launched a photo competition to promote the upcoming "BlueInvest Africa 2025". The competition aims to...
Public services - The Ministry of Security and Civil Protection in Togo now offers six services online through the Service Public platform. The services include requesting...
Infrastructure - Togo will spend CFA72 billion to build and rehabilitate its roads this year. This is 14% less than last year–CFA84 billion. The new figure, set under the...
Telecom - Togo’s telecom regulator, ARCEP, has set new price limits for wholesale services at the country level. The change is effective since January 16,...
Economy - Cina Lawson, Togo's Minister of Digital Economy and Digital Transformation, is in Davos, Switzerland for the World Economic Forum (WEF). During the event,...
Public finance - The Togolese government has increased the minimum turnover required for businesses subject to the Value Added Tax (VAT). The change, in effect since...
Finance - The Togolese government has repurchased Union Togolaise de Banque (UTB) headquarters and IB Bank to help stabilize these struggling banks, which hold 20%...
Public finance - Togo plans to issue its second operation on the West African Monetary Union (WAMU) public securities market next Friday, January 24. The treasury will...
Investments - Applications for the "Investment Readiness" program are open. The program helps Togolese startups learn how to raise money, organize their projects...
Transport - Togo is looking to improve its railway connections with South African partners. On January 16, 2025, a meeting was held at the Togo High Commission in...
Infrastructure - The Sokodé bypass project was kicked off on January 16, 2025. President Gnassingbé attended the launching ceremony. The project has a budget of CFA24.5...
Politics - Togo might join the Alliance of Sahel States (AES), which includes Burkina Faso, Niger, and Mali. Robert Dussey, the Togolese Foreign, recently mentioned...
Public Management - The regional councils of Togo started their term on January 15, 2025, with their first meetings across the country. Council officers were elected during...
Health - New cases of meningitis have been confirmed in the Kara region, northern Togo. On January 15, the Minister of Health, Tchim Darré, revealed the disease,...
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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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