Economic governance

Wednesday 13 May, 2020
The University of Lomé launches a company to officially enter the Togolese market
Economic governance

The University of Lomé launches a company to officially enter the Togolese market

The University of Lomé (UL) will set up a company, named Société for l’innovation et l’entrepreneuriat UL (UL Company for…
Monday 11 May, 2020
In Togo, 62% of private businesses keep payroll intact despite Coronavirus
Economic governance

In Togo, 62% of private businesses keep payroll intact despite Coronavirus

A recent survey conducted by the Togolese Chamber of Commerce and Industry (CCIT) reveals that more than ⅔ of private…
Thursday 7 May, 2020
The Minister of finance meets with banks and BCEAO executives to discuss ways to mitigate the Coronavirus’ impact on the Togolese economy
Economic governance

The Minister of finance meets with banks and BCEAO executives to discuss ways to mitigate the Coronavirus’ impact on the Togolese economy

On May 5, 2020, the ministry of economy and finance met with actors of the Togolese banking industry (the professional…
Thursday 7 May, 2020
Minister of finance reassures local microfinance institutions as Coronavirus hampers their activity
Economic governance

Minister of finance reassures local microfinance institutions as Coronavirus hampers their activity

Yesterday, Sani Yaya, the minister of finance met with microfinance institutions to assess the impacts of the Covid-19 outbreak on…
Thursday 7 May, 2020
Covid-19: HeidelbergCement contributes to Togo's national solidarity fund
Economic governance

Covid-19: HeidelbergCement contributes to Togo's national solidarity fund

German cement group HeidelbergCement will contribute XOF20 million to the national solidarity fund recently launched by the Togolese government to…
Thursday 7 May, 2020
Togo: In 2019, the government reimbursed more than X0F2 billion of VAT loans
Economic governance

Togo: In 2019, the government reimbursed more than X0F2 billion of VAT loans

Last year, the Togolese Office of Revenues (OTR) paid back more than XOF2 billion of VAT loans to business operators. …
Wednesday 6 May, 2020
In Togo, more than 4,000 new businesses were officially launched since the year began
Economic governance

In Togo, more than 4,000 new businesses were officially launched since the year began

In the first quarter of  2020, 3,668 new businesses were officially started, 25% of which were by women.  This figure…
Wednesday 29 April, 2020
Coronavirus: WAEMU States need XOF5,300 billion to fight the pandemic
Economic governance

Coronavirus: WAEMU States need XOF5,300 billion to fight the pandemic

All eight member-States of the West African Economic and Monetary Union (WAEMU) need exactly XOF5,284.9 billion to combat the Covid-19…
Tuesday 28 April, 2020
The WAEMU States have put the brakes on the convergence criteria due to Covid-19 pandemic
Economic governance

The WAEMU States have put the brakes on the convergence criteria due to Covid-19 pandemic

The WAEMU convergence criteria for stability, growth, and solidarity has been suspended. The decision was taken yesterday during a videoconference…
Tuesday 28 April, 2020
Covid-19: Togo’s national employers’ council makes a few recommendations to restart the economy
Economic governance

Covid-19: Togo’s national employers’ council makes a few recommendations to restart the economy

Togo’s national council of employers has just released a report assessing the economic impacts of the government’s Covid-19 response. The…
Tuesday 28 April, 2020
Togo: S&P expects a rapid economic recovery which is to start slowly in the second half of the year
Economic governance

Togo: S&P expects a rapid economic recovery which is to start slowly in the second half of the year

US rating agency Standard & Poor’s maintained its ‘B’ long-term and short-term sovereign credit ratings on Togo. “The significantly adverse…
Friday 24 April, 2020
Togo joins the African Trade Insurance Agency, with the support of the European Investment Bank
Economic governance

Togo joins the African Trade Insurance Agency, with the support of the European Investment Bank

Togo has joined the African Trade Insurance Agency (ATI). It is a pan-African financial institution that provides credit and political…
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