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Economy
Thursday 18 January, 2024
Investments
Eyewear startup Lapaire raises $3M to reach more African countries
Lapaire, an African eyewear startup present in Togo and five other African countries, recently raised $3 million to further expand across…
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Tuesday 16 January, 2024
Finance
Togo: Inclusive Finance Fund loaned nearly CFA110 billion over the past decade
Over the past decade, Togo’s Inclusive Finance Fund, the Fonds National de la Finance Inclusive (FNFI) disbursed CFA109.83 billion. The…
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Monday 15 January, 2024
Agriculture
Togo on the verge of ratifying WTO fishing subsidy convention
Togo plans to ratify the WTO’s fishing subsidy convention. On January 10, the Council of Ministers allowed the ministry of…
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Friday 12 January, 2024
Investments
Private Investment: Togo raised CFA27.5 billion in 2023
Togo raised CFA27.5 billion in private investments in 2023. The Ministry of Investment Promotion reported the figure to the Assembly…
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Friday 12 January, 2024
Transport
Togo: National Road Maintenance Company spent CFA37.9 billion on its activities in 2023, up 16% YoY
The Autonomous Road Maintenance Financing Company (SAFER) spent CFA37.9 billion to maintain the country’s roads in 2023. The figure, a…
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Friday 12 January, 2024
Banking
West Africa: Coris Bank Group secures €70M financing from EBID to support SMEs in Togo and four others
The ECOWAS Investment and Development Bank (EBID) approved on January 9 a $70 million financing for the Coris Bank Group. With…
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Friday 12 January, 2024
Infrastructure
Togo: Government to spend CFA53 billion on rural road rehabilitation and expansion in 2024
Togo plans to allocate CFA53 billion to its Ministry of Rural Roads this year. The ministry will use part of…
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Thursday 11 January, 2024
Telecom
International Finance Corporation (IFC) provides €55M loan to Togocom
The International Finance Corporation (IFC) will provide a €55 million (CFA36 billion) loan to the Togolese mobile operator TOGOCOM. The two…
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Thursday 11 January, 2024
Finance
WAEMU-securities: Lomé seeks CFA607 billion on the regional market in 2024
Togo plans to raise CFA607 billion on the WAEMU securities market this year. This is 5.7% more than last year’s…
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Tuesday 9 January, 2024
Banking
SUNU Bank Togo: Benito Fado replaces Myriam Adotevi as Managing Director
Myriam Adotevi passed the baton to Benito Fado as managing director of SUNU Bank Togo. Adotevi has been the bank’s…
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Monday 8 January, 2024
ITC
Togo: Lomé to host a Business digitalization conference on February 22
Lomé will host the Odoo Roadshow, a conference on business digitalization, next month. Initiated by Odoo, an open-source management software…
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Monday 8 January, 2024
Transport
Togo: Civil Aviation Agency gets new director
Idrissou Ahabou is the new director of Togo’s National Agency for Civil Aviation (ANAC). He replaces Gnama Latta. Ahabou was…
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