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Economy - Air Liquide has officially changed its name to Erium. The change comes after Adenia Partners acquired Erium operations in 12 African countries. This...
Politics - Nigeria inaugurated its new embassy in Togo earlier this week. The move is aimed at strengthening bilateral relations between the two countries. The...
Economic governance - Last Tuesday, Togo unveiled its action plan to support entrepreneurs and mobilize funds for their benefit. This was during a strategy meeting in Lomé,...
Public Management - Togo’s telecom regulator, ARCEP, has imposed a CFA1.6 billion on Moov Africa Togo. This amounts to 2% of the mobile operator's sales in 2023. The...
Economic governance - Egypt wants to bolster trade and bilateral partnerships with Togo. Ahmed Mohamed Eid Moustapha, Egypt's ambassador to Togo, unveiled the ambition last...
Agriculture - The RICOWAS, a sub-regional rice project, was launched in Togo earlier this week. In Togo, the project is led by the Institute for Technical Supporting...
Economic governance - The Alliance of Sahel States (AES) is working to enhance trade relations with Togo and has invited the country to participate in a meeting of Customs...
Banking - IB Bank Togo (formerly BTCI) recorded a net profit of over 3 billion FCFA in 2023, way above 2022’s CFA8.8 billion loss. Khalid Yacoubou Boukari, the...
Finance - From January to March 2024, microfinance institutions in Togo saw their deposits rise by CFA17 billion, up 4.6% compared to Q4 2024. This was the...
Economic governance - The ECOWAS Bank for Investment and Development (EBID) released its 2024 West African Development Outlook (WADO) report today. The report was presented in...
Health - The National Health Insurance Institute of Togo (INAM) is carrying out an awareness campaign in the Kara region, northern Togo. The campaign started on...
ITC - Moov Africa Togo and Ecobank-Togo have launched a new financial product called "Move Money ATM." This service allows Flooz (Moov's mobile money service)...
Culture - The town of Aného, located 30 km southeast of Lomé, is getting a new tourist center. The mayor of Lacs 1 municipality, Alexis Aquereburu, recently...
Politics - Commonwealth Secretary-General Patricia Scotland met with Togo’s President Faure Gnassingbé on July 17. The two met in Pya, a town located 410 km north of...
Services - Togo has launched hydrogeological studies in Greater Lomé as part of the Togo Urban Water Security Project (PaSH-MUT). The studies will be conducted by...
Security - Togo is reviewing how dangerous goods are managed at the Lomé port. Officials from the port and the Ministry of Civil Protection held a meeting last week...
Health - Lomé is hosting a three-day meeting focused on harmonizing health education programs in the ECOWAS. The meeting began on July 16 and was organized by the...
Economic governance - A Commonwealth delegation held a working session with several Togolese officials yesterday, July 16, in Lomé. Patricia Scotland, secretary-general of the...
Health - In Togo, the 4th Scientific Days on HIV and AIDS ended on July 12 in Lomé. Organized by the Permanent Secretariat of the National Council for the Fight...
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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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