togo-and-badea-strengthen-partnership-for-sustainable-development
Economy - Togolese President Faure Essozimna Gnassingbé met with Sidi Ould Tah, Director General of the Arab Bank for Economic Development in Africa (BADEA), in...
ITC - Togo is hosting its 10th National Internet Governance Forum (Togo IGF) this week. The event will take place on Thursday, October 24, at the Maison des...
Infrastructure - Abdoul Salam Bello, Executive Director of the World Bank's Africa II Group, recently visited the WACA ResIP-Togo coastal resilience program in Aného....
Agriculture - Most Togolese products tested by local quality control institutions meet the required standards. An inspection delegation, led by Kossivi Hounaké,...
Politics - Togo will hold municipal elections in at least 11 municipalities this October. The Ministry of Territorial Administration announced these elections...
Investments - The Islamic Development Bank (IsDB) recently approved $60.30 million (over CFA36 billion) for Togo. This funding aims to improve the quality of life...
Economic governance - Over the first nine months of 2024, 11,979 new businesses were registered in Togo. The data comes from the Centre for Business Formalities (CFE) where the...
Energy - Last week, Togo hosted the second edition of the Renewable Energy Days. The event, which took place on October 18 and 19, was themed “Renewable Energies...
ITC - Ten (10) Togolese tech startups will be in Cape Town, South Africa, from November 25 to December 4, 2024. The startups include Semoa, Anaxar, Silimi,...
Education - Earlier this week, the Sheyi Emmanuel Adebayor Foundation (SEA Foundation)  facilitated a partnership between the University of Lomé (UL) and Morgan...
Health - By the end of 2023, Togo had 12,945 health workers in the public sector, according to data from the Minister of Health, Professor Tchin Darré. The...
Transport - The Togolese government has suspended Yango, an online car-sharing service, for "illicit" activities. On October 17, 2024, the Ministry of Transport...
Banking - Last Saturday, October 12, several Togolese bankers and finance experts gathered in Lomé for a "Loft of the Weekend" workshop focused on banking risk...
Security - Togo, Benin, and Guinea-Bissau will receive €25 million (over CFA16 billion) from Germany to fund projects to tackle violent extremism. This...
Investments - In Togo, the investment rate has fluctuated significantly over the past decade due to various economic challenges. Data from the Central Bank of West...
Economic governance - Togo is launching a new wave of reforms to improve its business climate. On October 7, 2024, the country held a workshop to present the first B-Ready...
Economic governance - The Chamber of Commerce and Industry of Togo (CCI-Togo) recently launched a project to bolster the rice industry and boost local consumption. The...
Economic governance - The Togolese government wants to draw more investments supporting the Sustainable Development Goals (SDGs). To this end, Lomé released a Sustainable...
Social - The Togolese government is tightening regulations for international non-governmental organizations (NGOs) operating in the country. From now on, any...
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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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