Economy

Thursday 31 January, 2019
Togo secures CFA20 billion from IFAD for its MIFA scheme
Agriculture

Togo secures CFA20 billion from IFAD for its MIFA scheme

Last Tuesday, the International Fund for Agricultural Development (IFAD) approved the provision of a CFA20 billion financing to Togo, to…
Tuesday 29 January, 2019
Togo : Eco CCP eyes a million subscribers by 2020
Finance

Togo : Eco CCP eyes a million subscribers by 2020

Launched in May 2018 to boost financial inclusion in Togo and enable the post office to create new growth stations,…
Tuesday 29 January, 2019
Microfinance: Number of clients up 9.5% at the end of Q3 2018, year-on-year
Finance

Microfinance: Number of clients up 9.5% at the end of Q3 2018, year-on-year

At end-September 2018, the number of people that benefited from the services of microfinance structures in Togo stood at 2,483,190,…
Monday 28 January, 2019
Togo recently raised CFA36 billion on the regional financial market
Finance

Togo recently raised CFA36 billion on the regional financial market

For its second issuance of securities on the UMOA-Titres regional financial market, Togo raised CFA36 billion, over an initial target…
Monday 28 January, 2019
Togo’s port traffic grew by 25% in H1 2018, IMF says
Logistics

Togo’s port traffic grew by 25% in H1 2018, IMF says

Togo’s port traffic increased by 25% between January and June 2018, a note from the International Monetary Fund (IMF) revealed.…
Wednesday 23 January, 2019
Togo: South Korean foundation Saemaul invests CFA2.7 billion in Kara agropole
Agriculture

Togo: South Korean foundation Saemaul invests CFA2.7 billion in Kara agropole

South Korean foundation Saemaul Undong will inject CFA2.7 billion in the agropoles project in Togo. In addition, the Asian foundation…
Wednesday 23 January, 2019
Egyptian group Orascom to expand across sub-Saharan Africa, Togo included
Investments

Egyptian group Orascom to expand across sub-Saharan Africa, Togo included

Orascom, the group owned by Egyptian business mogul Naguib Sawiris, Africa’s richest person according to Forbes, plans to invest in…
Tuesday 22 January, 2019
Cizo Project: Kya Energy selected to build five solar academies in Togo
Energy

Cizo Project: Kya Energy selected to build five solar academies in Togo

Kya Energy, local firm specialized in producing solar-powered generators, will build five solar academies across Togo. The firm recently secured…
Monday 21 January, 2019
Togo: 25% of firms registered in 2018 are owned by women
Investments

Togo: 25% of firms registered in 2018 are owned by women

In Togo, 25.61% of newly registered firms at the center for business formalities (CFE) last year are owned by women.…
Monday 21 January, 2019
South Korea to support Togo’s agropole project
Agriculture

South Korea to support Togo’s agropole project

South Korea will technically and financially support the Kara agopole project (414km North of Lomé). A financing agreement was signed…
Friday 18 January, 2019
Togo: European Union and German cooperation invest CFA4bn in the pineapple sector  
Agriculture

Togo: European Union and German cooperation invest CFA4bn in the pineapple sector  

In Togo, the pineapple sector just received from the European Union a support facility of about CFA4 billion. The financing…
Thursday 17 January, 2019
Over 10 years, the UNDP spent about €2.3 million on environmental protection in Togo
Agriculture

Over 10 years, the UNDP spent about €2.3 million on environmental protection in Togo

Recently, seven Togolese NGOs received around CFA145 million from the UNDP, under the Global Environment Facility’s Microfinance Program (PMF/FEM). With…
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