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News
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LOGISTIC HUB
Business environment
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Economy
Tuesday 19 January, 2021
Transport
Government introduces new tariffs for motor vehicle tax
Two years after its last update, the motor vehicle tax has been amended again. The move aligns with Togo’s new…
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Monday 18 January, 2021
Agriculture
A Togolese firm has been selected to electrify Kara’s agricultural park
It will cost CFA719 million to supply power to Kara’s agricultural park and all six communities living on the site.…
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Saturday 16 January, 2021
Agriculture
Mango production in Togo: Latest figures show improved production
From 340,000 tons in 2018, Togo’s mango production increased to 370,000 tons in 2019. The 8.8% rise was reported by…
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Friday 15 January, 2021
ITC
Togo: New decree makes deploying fiber optics compulsory for some construction projects
To fast-track the deployment of fiber optics across the country, the Togolese government adopted a new decree imposing all persons…
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Friday 15 January, 2021
Energy
Off-grid power developer Daystar Power to enter the Togolese market
Nigerian power developer, Daystar Power, plans to start operating in the Togolese, Senegalese, and Ivorian markets. This is after raising $38…
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Thursday 14 January, 2021
Telecom
Mobile Money: The value of Flooz transfers was thrice the size of T-Money's between 2015 and 2019
Between 2015 and 2019, nearly CFA2,200 billion were transferred via Flooz and T-Money. The figure was reported by Togo’s minister…
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Thursday 14 January, 2021
Telecom
T-Money records exceptional performance in 2020, despite issues relating to service quality
Though it is dealing with multiple issues related to the quality of its services, Togocom’s T-Money mobile money platform recorded…
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Wednesday 13 January, 2021
Banking
Microfinance: WAEMU releases situational analysis for H1 2020
In Togo, outstanding loans granted by microfinance institutions in H1 2020 grew by 5.3%. This was revealed in the BCEAO’s latest…
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Tuesday 12 January, 2021
Finance
Togo’ Inclusive finance fund granted almost CFA100bn in loans in 2020
As of Dec. 31, 2020, the sum of loans granted by the National Fund for Inclusive Finance (FNFI) had exceeded…
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Tuesday 12 January, 2021
Agriculture
The Pineapple sector is buoyant
Between 2017 and 2019, Togo’s pineapple output grew by 11.6%, from 27,000 tons to 30,149 tons. The sector, which employs…
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Monday 11 January, 2021
Finance
WAEMU securities: Togo raised CFA27.5 billion for its first issue of the year
For its first issue in 2021, Togo raised CFA27.5 billion (thus 2.5 billion more than the country was seeking) on…
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Thursday 7 January, 2021
Finance
Loan repayment extension amid Covid-19 exceed CFA18 billion
In Togo, the extension of credit granted to companies and individuals since April 1, 2020, due to the health crisis…
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