Economy

Wednesday 29 September, 2021
Lomé-based Incubator, Energy Generation, launches training program for women only
Energy

Lomé-based Incubator, Energy Generation, launches training program for women only

Energy Generation, an incubator based in Lome, is launching an entrepreneurship excellence program for women only. The Wenyonu program as…
Tuesday 28 September, 2021
2020 Ranking of Banks Operating in Togo
Banking

2020 Ranking of Banks Operating in Togo

Togo First presents the 2020 ranking of banks operating in Togo, by assets, deposits, and loans. With a total balance…
Tuesday 28 September, 2021
ASKY boosts connectivity in Africa
Transport

ASKY boosts connectivity in Africa

Pan-African Airlines Asky announced it will, starting next Oct. 1, increase flights to most of its destinations. This is part…
Tuesday 28 September, 2021
Mobile Money: Wave launches recruitment process in Togo
Finance

Mobile Money: Wave launches recruitment process in Togo

Wave International, a mobile money operator, will soon start operating in Togo. The firm, to this end, recently launched a…
Monday 27 September, 2021
Islamic Development Bank to Support Rural Electrification Projects in Togo with $20M
Energy

Islamic Development Bank to Support Rural Electrification Projects in Togo with $20M

The Islamic Development Bank (ISDB) will spend $20.5 million (CFA11.3 billion) to advance rural electricity projects in Togo. The news was…
Monday 27 September, 2021
Why did Sanlam sell its life unit in Togo to NSIA?
Finance

Why did Sanlam sell its life unit in Togo to NSIA?

“This is a bipartite agreement between our group Sanlam and the NSIA group,”  commented Simon Pierre Gouem, MD Sanlam Togo,…
Monday 27 September, 2021
African Solidarity Fund to help COFINA raise CFA5 billion for expansion
Finance

African Solidarity Fund to help COFINA raise CFA5 billion for expansion

The African Solidarity Fund (ASF) will help COFINA -an Ivorian meso-finance group- raise CFA5 billion for its expansion in West…
Thursday 23 September, 2021
Togo: SOFEMEF has loaned CFA15 billion to local businesses since 2017
Banking

Togo: SOFEMEF has loaned CFA15 billion to local businesses since 2017

Société Générale de Micro et Méso finance or Sogemef said it has loaned over CFA15 billion to its customers in…
Wednesday 22 September, 2021
Togo: 88% of business turnover is generated by only 6% of companies declared in the country
Economy

Togo: 88% of business turnover is generated by only 6% of companies declared in the country

Only 6% of companies registered in Togo earn more than CFA500 million. However, they account for 88% of the total…
Wednesday 22 September, 2021
Ivorian Insurer NSIA acquires three of Sanlam’s subsidiaries, including Togo’s
Finance

Ivorian Insurer NSIA acquires three of Sanlam’s subsidiaries, including Togo’s

NSIA - the Ivorian Insurer - has acquired four Sanlam subsidiaries, including its Life Insurance unit in Togo. The three…
Monday 20 September, 2021
BCEAO has injected CFA610 billion into the Togolese economy since the month began
Banking

BCEAO has injected CFA610 billion into the Togolese economy since the month began

So far into the month, Togolese financial institutions asked and obtained CFA610 billion from the Central Bank of West African States…
Friday 17 September, 2021
Togo Invest, Kara Investment Fund sign MoU to support local MSMEs
Investments

Togo Invest, Kara Investment Fund sign MoU to support local MSMEs

Togo Invest Corporation SA and Kara Investment Fund recently signed an MoU to support Togolese businesses.  Through the deal, the…
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