Economy

Thursday 22 April, 2021
Kekeli Efficient Power thermal plant to be commissioned next Friday
Energy

Kekeli Efficient Power thermal plant to be commissioned next Friday

On Friday, April 23, the Kekeli Efficient Power thermal plant located in the port area will be commissioned. Marc Alberola,…
Wednesday 21 April, 2021
Digital technologies, a major weapon to handle the Covid-19 crisis in Togo
ITC

Digital technologies, a major weapon to handle the Covid-19 crisis in Togo

In line with ambitions to become a digital hub by 2025, Togo greatly leveraged ICTs to handle the Covid-19 health…
Wednesday 21 April, 2021
The safety level at Lomé’s airport is better than the global average
Transport

The safety level at Lomé’s airport is better than the global average

Two weeks into the audit launched by Lomé’s international airport (AIGE) to get its aerodrome certified, experts from the International…
Tuesday 20 April, 2021
Banks postponed loan repayment deadline for nearly 438 businesses and about 1,500 individuals
Banking

Banks postponed loan repayment deadline for nearly 438 businesses and about 1,500 individuals

In Togo, banks have deferred the loan repayment of at least 438 businesses and 1,454 people, in line with the…
Tuesday 20 April, 2021
UMOA-securities: Togo secures CFA82.5 billion in last bond issue
Finance

UMOA-securities: Togo secures CFA82.5 billion in last bond issue

Last Friday, Togo raised CFA82.5 billion on the regional market. This is 41.6% of the overall subscription (valued at CFA198…
Monday 19 April, 2021
The Davié Iron-recycling plant cost $25 million to develop
Investments

The Davié Iron-recycling plant cost $25 million to develop

A total of $25 million was spent to build Manumetal, the iron-recycling plant based in Davié  (30 km from Lomé). The…
Monday 19 April, 2021
Loans from banks and microfinance institutions stood at CFA770 billion last year
Economy

Loans from banks and microfinance institutions stood at CFA770 billion last year

In 2020, loans provided by banks and microfinance institutions active in Togo stood at CFA770 billion. This was disclosed by…
Friday 16 April, 2021
Construction of CimCo cement plant is 70% done
Investments

Construction of CimCo cement plant is 70% done

Started less than a year ago, the construction of Cimenterie de la  Côte ouest-africaine (CimCo) is about 70% complete. As…
Friday 16 April, 2021
Togo records higher economic growth rate than expected in 2020
Economy

Togo records higher economic growth rate than expected in 2020

Togo’s economic growth rate at the end of 2020 was 1.8%. While the figure is way below the 5.5% forecasted…
Thursday 15 April, 2021
Some heavy-duty vehicles will be banned from transiting, starting from June 30
Transport

Some heavy-duty vehicles will be banned from transiting, starting from June 30

Starting from June 30, 2021, heavy-duty vehicles that have their bodyworks modified and also increased the number of axles they have,…
Thursday 15 April, 2021
Ecobank and Orabank hold 42% of Togo’s banking market share
Banking

Ecobank and Orabank hold 42% of Togo’s banking market share

Together, Orabank and Ecobank claim slightly over 42% of the Togolese banking assets. This is according to the latest data…
Thursday 15 April, 2021
CRRH-UEMOA increases its capital by CFA200 million
Finance

CRRH-UEMOA increases its capital by CFA200 million

The Regional Fund for Mortgage Refinancing of the WAEMU (CRRH-UEMOA) increased its capital to CFA9.888 billion, from CFA9.688 billion.  To…
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