Economy

Tuesday 1 December, 2020
In 2017, the extractive sector generated CFA13 billion for the State
Mining

In 2017, the extractive sector generated CFA13 billion for the State

In 2017, all 23 companies active in Togo’s extractive industry generated around CFA13.2 billion for the State. 86% of the…
Tuesday 1 December, 2020
Orabank Togo partners with local startup to provide e-commerce services
ITC

Orabank Togo partners with local startup to provide e-commerce services

Orabank Togo partnered with Miaplenou, a local startup, to launch an e-commerce service that enables users to make purchases with…
Tuesday 1 December, 2020
Ecobank Group to launch a financing program for female entrepreneurs in Africa
Banking

Ecobank Group to launch a financing program for female entrepreneurs in Africa

Ecobank announced it will launch a program to finance and support female African entrepreneurs. The program baptized Ellever mainly aims…
Monday 30 November, 2020
Barkossi’s IFAD could open in September 2021
Agriculture

Barkossi’s IFAD could open in September 2021

Classes at the Co-op development training institute of Barkoissi, devoted to husbandry, could begin in September 2021. This was announced…
Monday 30 November, 2020
Togo raised CFA22 billion on the WAEMU Securities market last Friday
Finance

Togo raised CFA22 billion on the WAEMU Securities market last Friday

Last Friday, Togo’s public treasury retained CFA22 billion through the issuance of two bonds maturing respectively over 5 and 7…
Saturday 28 November, 2020
Togo becomes the first country to deploy 5G in West Africa
ITC

Togo becomes the first country to deploy 5G in West Africa

Togocom, a subsidiary of Axian Group, has activated its 5G network in Togo. It thus makes Togo the first country…
Friday 27 November, 2020
ARCEP wins first round of its wrestling match with mobile operators
Telecom

ARCEP wins first round of its wrestling match with mobile operators

Moov and Togocel will again readjust their call rates and cancel the recent increases criticized by the telecom regulator, ARCEP. …
Friday 27 November, 2020
CFAO presents its new eco-friendly elevator in Togo
Infrastructure

CFAO presents its new eco-friendly elevator in Togo

CFAO Technology & Energy, a subsidiary of CFAO Group (Corporation For Africa & Overseas), wants to advance Togo’s energy transition…
Friday 27 November, 2020
BOAD and KfW to launch a fund for digital transformation in the West African region
Finance

BOAD and KfW to launch a fund for digital transformation in the West African region

The West African Development Bank (BOAD) and KfW, the German development bank, are getting ready to launch a fund to…
Thursday 26 November, 2020
ARCEP opens a sanction procedure against Togocel
Telecom

ARCEP opens a sanction procedure against Togocel

Few days after cautioning Togocel for practicing unfair call rates, Togo’s telecom regulator -ARCEP- has opened a sanction procedure against…
Wednesday 25 November, 2020
Olam acquires 51% of Togo's Cotton Company
Agriculture

Olam acquires 51% of Togo's Cotton Company

Singapore-based agrofood group Olam acquired 51% of the Nouvelle Société Cotonnière du Togo (NSCT) for €15.3 million (around CFA10 billion).  The…
Tuesday 24 November, 2020
ARCEP demands explanation for new call-tariffs of Togocel and Moov
Telecom

ARCEP demands explanation for new call-tariffs of Togocel and Moov

There is a new twist in the dispute between the telecom and posts regulator (ARCEP) and the Togocel-Moov duopoly. After…
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