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Economy
Thursday 7 April, 2022
Banking
Togo: In 2021, private banks loaned CFA1,425 billion to the private sector, up 9% y/y
Last week, during the National Credit Council (CNC), Togo’s minister of finance and economy, Sani Yaya, affirmed that bank lending…
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Tuesday 5 April, 2022
Finance
Togo: Banks need to deal with five main challenges to boost lending in the country, CNC says
Banks in Togo must deal with five major issues for lending to increase in the country. At least, according to…
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Tuesday 5 April, 2022
Logistics
Bolloré sells logistics and transport assets in Africa to MSC, for $5.7 billion
French group Bolloré will sell its logistics operations in Africa to the Mediterranean Shipping Company (MSC) for € 5.7 billion (nearly…
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Monday 4 April, 2022
Investments
Togo: World Bank backs government’s pro-development efforts with $100 mln financing
The World Bank’s International Development Association (IDA) has recently allocated Togo $100 million (CFA59 billion) financing. Disclosed by the Bretton Woods…
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Friday 1 April, 2022
Transport
Togo: Government to lower tax on motor vehicles amid price increase of petroleum products
The government should soon lower the Tax on Motor Vehicles (TVM) on vehicles used to transport people and goods. The…
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Thursday 31 March, 2022
Transport
Lomé hosts 5th Air Navigation Service Provider roundtable
The fifth Air Navigation Service Provider (ANSP) meeting is taking place in Lomé and will end tomorrow. Started last Monday,…
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Thursday 31 March, 2022
Banking
Ecobank reports 174% increase in pre-tax profit in 2021
Ecobank, the Lomé-based pan-African banking group, has announced a pre-tax profit of $478 million for 2021, an increase of $304 million, or…
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Tuesday 29 March, 2022
Telecom
Equiano: Togo needs €300M to deploy fiber on its power lines
Togo plans to fiberize all its power lines, now that it is connected to Google's Equiano submarine cable, which will…
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Tuesday 29 March, 2022
Economy
TICAD VIII: Sandra Johnson calls for the reallocation of Special Drawing Rights (SDR) to help African economies recover from Covid-19
Sandra Johnson, Togo’s Minister, Secretary-General of the Presidency of the Republic, pleaded on Sunday for the reallocation of Special Drawing…
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Monday 28 March, 2022
Energy
Electricity for all: Tinga Fund gets CFA3 billion for pilot phase
The Tinga Fund, set up to boost access to electricity in Togo, will enter its pilot phase on April 1,…
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Thursday 24 March, 2022
Agriculture
Togo to keep fertilizer subsidy this year, despite Ukraine crisis
In Togo, the Ministry of Agriculture announced on March 24, 2022, that fertilizers would be subsidized during the 2022-2023 agricultural…
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Tuesday 22 March, 2022
ITC
Africa needs to integrate cybersecurity issues into its internet infrastructure development strategy, according to Orange Cyberdefense
In an interview with We Are Tech Africa, a media outlet specializing in Tech in Africa, Emmanuel Cheriet, General Manager…
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