Economy

Friday 10 July, 2020
CRRH-UEMOA reports net profit of XOF1.24 billion for 2019
Banking

CRRH-UEMOA reports net profit of XOF1.24 billion for 2019

The WAEMU mortgage refinancing fund (CRRH-UEMOA) has reported for its 2019 financial year a net profit of XOF1.24 billion (XOF1,242,860,623…
Wednesday 8 July, 2020
Togo imported almost 160,000 bottles of champagne in 2019
Agriculture

Togo imported almost 160,000 bottles of champagne in 2019

Last year, Togo imported 159,702 bottles of champagne (of 75 cl) for more than €3.1 million.  In West Africa, the country…
Wednesday 8 July, 2020
French Development Agency (AFD) provides WAEMU states €175 million, to face Covid-19 and climate change
Finance

French Development Agency (AFD) provides WAEMU states €175 million, to face Covid-19 and climate change

On July 7, 2020, the French Development Agency (AFD) and the Banque Ouest-Africaine de Développement (BOAD) inked two financing agreements…
Tuesday 7 July, 2020
Togo’s phosphate output in 2019 stood at nearly 800,000 t
Mining

Togo’s phosphate output in 2019 stood at nearly 800,000 t

In 2019, Togo produced nearly 800,000 tons of phosphate (799,775 t), according to data gathered by the Central Bank of…
Tuesday 7 July, 2020
Covid-19: In Togo, the pandemic has little impact on food security
Agriculture

Covid-19: In Togo, the pandemic has little impact on food security

So far, Togo is relatively spared by the Covid-19 pandemic, with little impact on the country’s agricultural output and food…
Thursday 2 July, 2020
Togo: The MIFA is two years old
Agriculture

Togo: The MIFA is two years old

Launched in June 2018 by President Faure Gnassingbé, the Agriculture Incentive Financing Mechanism (MIFA) which is based on risk-sharing, celebrated…
Monday 29 June, 2020
Togo: 400 km of roads and 4,000 km of rural tracks to be constructed and rehabilitated
Infrastructure

Togo: 400 km of roads and 4,000 km of rural tracks to be constructed and rehabilitated

As part of major infrastructure projects underway or already carried out in Togo, the government plans to build or rehabilitate…
Monday 29 June, 2020
Togo: the state plans to sell its stake in Nouvelle Société Cotonnière du Togo
Agriculture

Togo: the state plans to sell its stake in Nouvelle Société Cotonnière du Togo

The State will give up its 40% shares in the Nouvelle Société Cotonnière du Togo (NSCT). The government adopted in…
Monday 29 June, 2020
PNPER: 600 rural entrepreneurs to receive cash funding in the next 3 months
Agriculture

PNPER: 600 rural entrepreneurs to receive cash funding in the next 3 months

Over the next three months, at least 600 rural entrepreneurs will receive funds from the State to boost their businesses. …
Monday 29 June, 2020
FAO signs financing agreements with 7 local partners on the sideline of its 40th anniversary in Togo
Agriculture

FAO signs financing agreements with 7 local partners on the sideline of its 40th anniversary in Togo

On June 25, 2020, the UN Food and Agriculture Organization (FAO) inked in Lomé seven (7) agreements to finance its…
Friday 26 June, 2020
FNFI has disbursed over XOF2 billion for its beneficiaries since the beginning of 2020
Finance

FNFI has disbursed over XOF2 billion for its beneficiaries since the beginning of 2020

Since the beginning of this year, the National Fund for Inclusive Finance (FNFI) has disbursed in XOF2.176 billion to about…
Friday 26 June, 2020
Togolese power utility CEET gets XOF25 billion from BOAD to pay its debts
Energy

Togolese power utility CEET gets XOF25 billion from BOAD to pay its debts

Twenty-five billion CFA. That is the amount recently approved by BOAD’s board of directors in profit of Togo’s power utility.…
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