Japan Gives Togo CFA2 Billion Worth of Fertilizer

Agriculture
Thursday, 15 August 2024 15:42
Japan Gives Togo CFA2 Billion Worth of Fertilizer

(Togo First) - Togo received 5,066 tons of fertilizer from Japan on August 13. The Asian nation donated the shipment, valued at CFA2.2 billion, to support Togo’s 2023 Economic and Social Development Program. 

The Togolese Minister of Agriculture, Antoine Lekpa, received the shipment from the Japanese ambassador, Ikkatai Katsuya. 

In detail, 3,295 tons of NPK15-15-15 and 1,771 tons of urea were sent. These will be handed over to small farmers–rice farmers primarily–across the country.

The donation aims to reduce rice imports and boost agricultural production overall.

Besides the donation, Japan signed a new food aid agreement with Togo. Under the deal, Japan will send CFA1 billion rice shipments to Togo. The agreement falls under the 2024 Kennedy Round Program (KR).

Since 2008, Togo, under the Kennedy Round (KR) program, has received 114,692 tonnes of cereals, including 81,849 tonnes of wheat and 32,843 tonnes of white rice. The shipments are valued at around CFA24.5 billion. 

The KR Program aims to "improve the food and nutritional security of populations, especially the most vulnerable." 

Esaïe Edoh

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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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