Economy

Monday 8 October, 2018
Togo: Half of ContourGlobal's Lomé-based thermal power plant generators now operate with gas
Energy

Togo: Half of ContourGlobal's Lomé-based thermal power plant generators now operate with gas

Togo’s national power utility company (Compagnie Energie Electrique du Togo-CEET)  just announced that ContourGlobal, the thermal power plant installed in…
Friday 5 October, 2018
Togo and Kuwait’s national airlines to exercise unlimited traffic rights between the two countries
Transport

Togo and Kuwait’s national airlines to exercise unlimited traffic rights between the two countries

Under a bilateral air transport agreement signed October 2, the national companies of Togo and Kuwait will now benefit from…
Friday 5 October, 2018
Togo: Moroccan BCP reported a CFA96.3bn net profit, up 1.8%, in H1 2018
Banking

Togo: Moroccan BCP reported a CFA96.3bn net profit, up 1.8%, in H1 2018

Moroccan group Banque Centrale Populaire (BCP), active in Togo via its subsidiary Banque Atlantique, announced it achieved a net profit…
Thursday 4 October, 2018
Government announced capital opening of TogoCom
Telecom

Government announced capital opening of TogoCom

Togo’s government adopted a bill to open the capital of TogoCom, State-owned company born from the merger between the country’s…
Wednesday 3 October, 2018
Eurona in talks with Togo to develop telehealth network
Telecom

Eurona in talks with Togo to develop telehealth network

Spanish telecom firm Eurona will, via its African subsidiary Nortis, supply broadband via satellite to 300 schools in Benin. The…
Wednesday 3 October, 2018
Regional stock market BRVM will hold on Oct 18-19 the 13th edition of the BRVM Days in Lomé
Finance

Regional stock market BRVM will hold on Oct 18-19 the 13th edition of the BRVM Days in Lomé

Under the sponsorship of Togo’s ministry of economy and finance, the Bourse Régionale des Valeurs Mobilières (BRVM) will launch the…
Wednesday 3 October, 2018
Togo to revise its mining regulations
Mining

Togo to revise its mining regulations

Togo plans to revise its mining regulations, under its mining governance and development project (PGDM). The move should focus on…
Monday 1 October, 2018
Regional stock market: Togo raises CFA16 billion in first bond issuance of Q3 2018  
Finance

Regional stock market: Togo raises CFA16 billion in first bond issuance of Q3 2018  

On September 28th, Togo’s public treasury raised CFA16.925 billion on the regional stock market. The country however initially sought CFA20…
Friday 28 September, 2018
BRVM to create IPO fund to help West African SMEs get listed more easily
Investments

BRVM to create IPO fund to help West African SMEs get listed more easily

On Wednesday, the Bourse Régionale des Valeurs Mobilières (BRVM) and the private Equity fund Enko Capital signed a partnership agreement…
Friday 28 September, 2018
Energy: AfDB plans to invest $70 million in Togo’s private sector, including $14 million for BBOXX  
Energy

Energy: AfDB plans to invest $70 million in Togo’s private sector, including $14 million for BBOXX  

The African Development Bank (AfDB) plans to invest about $70 million (CFA39.5 billion) in various energy projects initiated by Togo’s private…
Thursday 27 September, 2018
Togo: National federation of cashew producing cooperatives eyes 130,000 tons output by 2024
Agriculture

Togo: National federation of cashew producing cooperatives eyes 130,000 tons output by 2024

In Togo, the national federation of cashew producing cooperatives (FNCPA) expects local cashew output to rise from 20,000 tons currently…
Thursday 27 September, 2018
In 2017, Togo received 566,764 tourists, generating CFA44.7bn for hotels
Services

In 2017, Togo received 566,764 tourists, generating CFA44.7bn for hotels

In 2017, Togo received 566,764 tourists, up 33% compared to 2016’s 425,669. Consequently, hotel earnings surged as well (+17.9%). These…
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