Togo Top Impact: Seventh Edition Kicks Off

Economic governance

Tuesday, 10 December 2024 14:03

Togo Top Impact: Seventh Edition Kicks Off

(Togo First) - The National Organization for Excellence and Integral Development of Togo (ONEDI-Togo) officially launched the 7th edition of Togo Top Impact last Saturday. This year, the event, which celebrates exceptional individuals and initiatives, is placed under the theme “Promoting a society of excellence.”

The 7th edition includes 17 award categories, including four “popular” categories. These popular awards celebrate achievements such as Best Web Actor of the Year, Best Youth Initiative of the Year, Best Female Entrepreneurial Initiative of the Year, and Best Artisan of Citizen Engagement and Social Cohesion of the Year.

“This 7th edition is distinguished above all by its theme, which aims to promote a society of excellence. With the introduction of a category dedicated to web players, the aim is to showcase content with a real impact on society. This new edition also includes a social component, enriching masterclasses, and an evening dedicated to African integration,” explained Innocent Wotoglo, Secretary General of the organizing committee.

Out of the 17 categories, 13 will be judged by both public votes and a jury. The four popular categories will be voted on exclusively by the public. This approach aims to enhance civic engagement by allowing everyone to participate actively in the event.

According to the current schedule, the nominees will be revealed on December 15, and voting will commence on December 18. The grand award ceremony is scheduled for February 1, 2025, at the Hôtel Sarakawa in Lomé.

The previous edition of Togo Top Impact featured nearly 200 nominees and recognized around 20 individuals for their significant contributions to Togolese society.

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.