in-10-years-the-anadeb-disbursed-over-cfa100-billion-for-grassroots-development
Public Management - Over the past decade, the National Agency Supporting Grassroots Development (ANADEB) spent more than CFA100 billion in projects to reduce poverty and...
Finance - African Lease, établissement financier spécialisé dans le crédit-bail, lance une solution de paiement mobile à destination des particuliers.  Il...
Finance - On Wednesday, the UMOA-securities agency launched the 3rd edition of its public securities markets meetup (REMTP 2021).  Due to the pandemic, the...
Public finance - From now on, advertisements on digital platforms will be subject to the value-added tax (VAT) in Togo.    The reform is one of the...
Economic governance - In 2019, Togo’s mining exports slumped by 8.2%, from nearly CFA100 billion in 2018 to nearly CFA92 billion. The figures were revealed by the Central Bank...
Economic governance - In line with the 2021 finance bill, Togolese craftsmen and micro-entrepreneurs operating in the informal sector will pay only CFA20,000 for the single...
Finance - Next Friday, the Togolese treasury will try to raise CFA80 billion on the UMOA-securities market. Proceeds will be used to meet Lomé’s financing needs...
Agriculture - In 2018 and 2019, Togo’s fish output exceeded 37,000 tons (37,102 tons), according to data from the Fishery and Aquaculture Directorate (DPA) relayed by...
Economic governance - “We noticed that some ill-intended individuals have been forging documents issued by the National Social Security Fund (CNSS), notably the social...
Agriculture - Last Monday, a workshop was held in Lomé to train agricultural experts from the member States of the African Organization for Intellectual Property. The...
Agriculture - In 2019, agricultural exports from Togo generated CFA110.7 billion, up 9.4% against 101.2 billion in 2018. The figure was reported by the Central Bank of...
Transport - Two years after its last update, the motor vehicle tax has been amended again. The move aligns with Togo’s new finance law and it will introduce new...
Economic governance - Last Saturday, Lomé hosted the launching ceremony for its campaign to officially take part in the 2020 Dubai World Expo to be held in the Gulf country...
Economic governance - In Togo, the ministry of trade and local consumption urged businesses that import fabrics and printed clothes in Togo to get the certification necessary...
Agriculture - It will cost CFA719 million to supply power to Kara’s agricultural park and all six communities living on the site. The announcement was made by Agence...
Agriculture - From 340,000 tons in 2018, Togo’s mango production increased to 370,000 tons in 2019. The 8.8% rise was reported by the Official Portal of the Togolese...
ITC - To fast-track the deployment of fiber optics across the country, the Togolese government adopted a new decree imposing all persons and firms undertaking...
Health - The Covid-19 vaccine should be available in Togo between May and June. This was announced by the Togolese minister of foreign affairs, Prof. Robert...
Economic governance - Yesterday, the workshop to validate the national strategy to promote local consumption in Togo came to an end. The two-day meeting was organized by the...
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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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