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News
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LOGISTIC HUB
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Economy
Monday 16 August, 2021
Transport
Covid-19 halved passenger traffic of Lomé’s airport in 2020-2019
Between 2019 and 2020, the number of travelers passing through Lomé’s airport (AIGE) fell by nearly 50%. From 916,659 people,…
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Saturday 14 August, 2021
Banking
Togo: IB Holding buys majority stake in State-owned bank BTCI
IB Holding, owned by construction mogul Mahamadou Bonkoungou, will get an 8.2% stake in the BTCI, one of Togo’s two…
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Wednesday 28 July, 2021
Logistics
Government to adopt a bill to better regulate transshipping in territorial waters
Transshipping operations in Togolese waters will be regulated henceforth. This was decided during a council of ministers held July 24,…
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Friday 23 July, 2021
Finance
Government sets up a committee to oversee reimbursement of funds collected, illegally, by trading entities
Via a decree issued on July 19, 2021, the Togolese minister of finance Sani Yaya established “a committee to monitor…
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Thursday 22 July, 2021
Economy
Togo was losing around CFA6 billion on beer and tobacco imports, before the automated branding system arrived
Before the automated branding system was introduced, respectively 80% and 40% of the beer and tobacco products that were imported…
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Wednesday 21 July, 2021
Agriculture
Togo: More than 1,324 tons fishes obtained between January and May 2021
Lomé’s fishing port garnered over 1,324 tons of fish between January and May 2021. The figure, which is up 36%…
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Wednesday 21 July, 2021
Transport
World Bank to spend $470 mln on Lomé-Ouagadougou-Niamey corridor
The World Bank will disburse $470 million to support the Lomé-Ouagadougou-Niamey (LON) road corridor project. This was reported by Agence nigérienne…
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Tuesday 20 July, 2021
Finance
Almost every bank in Togo offers digital services
Out of the 13 banks present in Togo, 12 offer digital services. This was disclosed by the minister of economy…
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Friday 16 July, 2021
Investments
Saudi Arabia wants to reinforce its presence in Togo
The Togolese Minister of Foreign Affairs Robert Dussey received yesterday, July 15th, Saudi Arabia's Ambassador. The two diplomats mainly discussed…
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Friday 16 July, 2021
Finance
Togolese Minister of finance urges banks to improve their lending terms
Sani Yaya, Togo’s minister of finance and economy, recently urged the country’s banks to double down on efforts to innovate…
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Friday 16 July, 2021
Finance
Togo proceeds to its first issue on the regional market in Q3 2021, eyes CFA25bn
Seeking CFA25 billion, Togo issued last Wednesday fungible treasury bonds on the WAMU securities market - an issue set to…
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Thursday 15 July, 2021
Transport
Officials from Togo and Niger's ministries of transport discuss challenges the sector faces
Experts from the Togolese and Nigerien transport administrations held on July 14 a work session in Lomé, Togo’s capital. The…
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