In Togo, the Ministry of Higher Education is intensifying its focus on research and innovation, as demonstrated during a recent B2B meeting in Lomé on July 3rd, where results from the West African Research and Innovation Results Utilization project (VaRRIWA) were presented.
The event facilitated discussions between researchers, innovators, and investors, under the aegis of the University Agency of Francophonie (AUF). The VaRRIWA project, during its deployment, engaged 375 key players, created a regional digital platform, and most significantly, implemented 14 development projects, including four in Togo.
These Togolese projects include UVi2A (an Agricultural and Agri-food Innovations Unit) that focuses on agricultural innovations, and CAVRIS, a support center promoting research and innovation outcomes in the field of science and technology. Other projects involve training in value creation (FORVARITO) and public-private partnerships for financing (PPVRI).
In terms of impact, the project helped create 25 businesses and 322 jobs, alongside an 11-point jump for Togo in the Global Innovation Index (GII), a worldwide performance measure of technological dynamism.
The July 3 meeting also facilitated discussions regarding financial challenges and private co-investment opportunities. During the roundtable, Dr. Kossi Sénamé Dodzi, the director of scientific research, emphasized the necessity of "initiating win-win partnerships" to build a truly sustainable innovation ecosystem.
The University of Lomé (UL) will offer targeted aeronautics training programs under a new deal with Togo’s National Civil Aviation Agency (ANAC-Togo).
UL President Adama Mawulé Kpodar and ANAC-Togo Director General Ahabou Idrissou signed the agreement on June 3. The partnership will create programs to train qualified candidates for careers in aviation, with internships and job opportunities at ANAC-Togo based on industry needs.
“This agreement will allow the establishment of short-term certifications, ranging from three to six months, in the field of aeronautics,” Kpodar said. He stressed that the programs will directly meet market demands and provide Togo with skilled, job-ready professionals.
ANAC-Togo’s Idrissou said the partnership aims to build a competitive and sustainable civil aviation sector that meets international standards.
This initiative supports the government’s plan to make Togo a credible, efficient player in regional aeronautics.
This article was initially published in French by Esaïe Edoh
Edited in English by Ange Jason Quenum
The ECOWAS Bank for Investment and Development (EBID) will inject 50 million euros into the construction and outfitting of six technical education and vocational training (TVET) centers in Togo. The project, approved during the institution’s 92nd board meeting on June 30, 2025, will be implemented by Planet One group.
The initiative aims to train approximately 3,480 young people annually in technical fields. These include electricity, mechanics, construction, agri-food, and digital professions. The objective is to equip Togolese youth with skills highly sought after in both local and regional job markets.
For Togolese authorities, this marks another step in implementing their 2025 roadmap, which centers development efforts around professional training. With many young people struggling to find long-term employment, the project is viewed as a key lever for boosting competitiveness and reducing unemployment.
Broader Regional Investment
EBID, the financial arm of ECOWAS, intends to support inclusive economic growth across the region through this funding. The investment in Togo is part of a broader portfolio of approved projects totaling 174 million euros and 125 million dollars. These projects span several priority sectors, including energy, education, and industry.
Planet One, tasked with implementing the project in Togo, is a private entity specializing in educational solutions and the management of training infrastructure across Africa. The Dubai-based group states it has already modernized 48 vocational training centers in Ghana, despite logistical challenges during the COVID-19 pandemic. It also reports launching the first phase of a similar program in Senegal, involving 15 training centers, and notes collaboration with the governments of Sierra Leone and Guinea. Additionally, Planet One is developing centers of excellence in partnership with the University of Stirling (UAE) and the Scottish Qualification Authority, aiming to align its training programs with international standards.
The Togolese project encompasses not only the construction of the centers but also their equipping with modern, internationally compliant materials. According to its official website, Planet One plans to build or modernize 28 vocational training centers in Togo. This includes 16 brand-new, ultra-modern centers and the rehabilitation of 12 existing ones. In parallel, Planet One is planning the development of 21 STEM (Science, Technology, Engineering, and Mathematics) schools across the country.
No start date for construction has yet been announced, but authorities hope the centers will be operational within the next two years. If the expected results are achieved, this project could become a regional benchmark.
Written in French by Fiacre E. Kakpo,
Translated and adapted into English by Mouka Mezonlin
Togo’s main airport has received new security equipment from the United States to better detect and prevent threats, officials said on Tuesday, July 1.
The Gnassingbé Eyadéma International Airport in Lomé was handed four explosive trace detectors, four advanced imaging body scanners and related accessories. The equipment was provided by the U.S. Transportation Security Administration (TSA), part of the Department of Homeland Security.
“This handover demonstrates our shared commitment to effective and cooperative civil aviation security,” said Michael DeTar, chargé d’affaires at the U.S. Embassy in Togo.
— U.S. Embassy Togo (@USEmbassyLome) July 2, 2025
Togo’s National Civil Aviation Agency (ANAC) said the support will help address current security challenges and better protect passengers and airport personnel, in line with government ambitions to establish the airport as a regional hub.
The donation comes as Lomé airport steps up safety initiatives. On June 13, airport operator SALT conducted an emergency simulation exercise, “Exo Salle EPULO 2025,” to test response, coordination and communication capabilities in the event of a major incident, such as a crash.
Ecobank said it will end its safe deposit box services in Togo effective August 1, becoming the latest lender to withdraw from the costly and increasingly marginal line of business.
In a notice sent to clients, the pan-African bank urged customers to remove their belongings before July 31. Items left uncollected will be handed over to a designated third party.
The move aligns with an international trend as banks grapple with low profitability, high operating costs and heightened regulatory scrutiny over the use of safe deposit boxes.
Historically regarded as a core banking service for affluent clients, safe deposit boxes have become harder to justify financially. The service requires substantial spending on security infrastructure, maintenance and dedicated personnel, yet generates limited revenue.
Legal and compliance risks have also escalated, particularly around liability for theft or damage, and the potential misuse of boxes for money laundering or terrorism financing.
Major international banks—including JPMorgan Chase, HSBC, Barclays and Capital One—have phased out the service in parts of their networks. In Switzerland, despite around 350,000 safe deposit compartments still in use, banks are gradually scaling back and referring clients to specialised providers like Swiss Gold Safe.
In Central Europe, several banks are progressively closing their secure storage services, preferring to divert customers to external providers. In South Africa, Absa wrapped up this service in September 2024, while FNB abandoned it as early as 2017, following a series of security incidents. According to a study cited by the Wall Street Journal, roughly 20% of American banks have wiped out this service over the past six years.
The shift has reached Africa as well. South Africa’s Absa closed its safe deposit boxes in 2024, following FNB’s exit in 2017 after security incidents. Meanwhile, private storage firms have gained traction by offering biometric access and bespoke insurance.
At the same time, the rise of secure digital vaults and a surge in home safe sales—seen in countries like Morocco amid post-Covid distrust—highlight how customer habits are changing.
This article was initially published in French by Fiacre E. Kakpo
Edited in English by Ola Schad Akinocho
Pan-African lender Ecobank has partnered with Google Cloud to speed up its digital transformation and broaden access to financial services across Africa. The partnership was disclosed on July 2, 2025.
Under the agreement, Ecobank will integrate Google Cloud’s advanced tools—including Apigee for API management and BigQuery for data analytics—to streamline money transfers, improve payment access, and deliver personalised banking services in 33 African markets.
“This marks a decisive leap in our digital transformation journey,” said Jeremy Awori, Ecobank Group CEO.
The collaboration will focus on co-developing secure, scalable solutions tailored to Africa’s fast-growing demand for digital finance. Ecobank said it plans to leverage artificial intelligence and smart data collection to bring banking closer to customers and lay the foundation for a more connected fintech ecosystem.
The bank expects the initiative to strengthen support for small and medium-sized enterprises, facilitate financing, and create intuitive banking tools accessible even in underbanked regions.
However, challenges remain, including cybersecurity risks, infrastructure limitations, and the need to raise awareness among rural populations.
The World Bank has appointed Togolese national Farouk Mollah Banna as its new Resident Representative in Chad.
Banna will manage a $2.7 billion portfolio for the World Bank in Chad, overseeing projects in agriculture, energy, education, digital transformation, and social protection.
He brings global experience to the job. Banna has worked across Asia, the Middle East, the Caribbean, and Sub-Saharan Africa. Most recently, he coordinated sustainable development programs in the Central Sahel from Bamako, a role that already gave him hands-on experience in Chad.
Banna trained as an engineer at the University of Lomé and earned an advanced degree from the University of North Carolina in the United States. He holds both Togolese and American citizenship. He brings more than 23 years of professional experience, including over ten years with the World Bank.
This article was initially published in French by Ayi Renaud Dossavi
Edited in English by Ange Jason Quenum
For the second consecutive year, Lome, Togo's capital, will host West African compliance and anti-money laundering experts on July 8 and 9. The GRCRO, organized by the Togolese Association of Compliance Officers (ATCO), brings together over 500 professionals, including finance experts, regulators, business lawyers, auditors, and civil society representatives. The event aims to assess the state of AML/CFT (Anti-Money Laundering/Combating the Financing of Terrorism) frameworks in West Africa and debate challenges related to money laundering, terrorism financing, technological developments, and the resilience of African financial systems. This comes as FATF (Financial Action Task Force) requirements become stricter.
West Africa is not exempt from these challenges. Burkina Faso, Côte d'Ivoire, and Nigeria remain on the FATF "grey list," according to the latest update in June 2025. While only these three countries are currently under increased monitoring, other countries in the region, such as Senegal, Benin, Niger, Mali, and Guinea-Bissau, are not listed but continue to face structural challenges, as regularly highlighted by GIABA (Inter-Governmental Action Group against Money Laundering in West Africa) assessments.
These countries are under increased monitoring due to strategic deficiencies in combating financial crime. Togo, for its part, remains in a consolidation phase. According to the latest follow-up report published in May by GIABA, the FATF’s regional arm, all 11 expected outcomes remain "ineffective," and several technical recommendations are deemed "partially compliant."
Nevertheless, Togo is stepping up its initiatives. The GRCRO, beyond serving as a platform for dialogue, reflects a willingness for structural transformation. "We can no longer settle for formal compliance. Transparency must become a shared reflex across the entire financial chain," a senior executive at a regional bank advocated.
"The aim of the GRCRO is not just to point out shortcomings, but to confront practices, share experiences, and foster a more coherent regional dynamic in terms of compliance," stressed Nikada Batchoudi, president of ATCO and promoter of the GRCRO.
This 2025 edition will tackle sensitive topics, including grey list inclusion, regional cooperation, money laundering red flags, risk mapping, and new technologies. Expected speakers include Edoh Kossi Amenounve, CEO of BRVM; Kimélabalou Aba, from HAPLUCIA; and Geert Delrue, a Belgian expert on money laundering typologies in emerging markets. They will be joined by Marilyn Marchal, an international compliance consultant based in Monaco; Odjouloré Akakpo, head of Interpol Lome; Christophe Porcell, an AML/CFT trainer in France; and Oussama Ghazi, founder of Epitome Advisory in Morocco. The panel will also include Akodah Ayewouadan, former minister and Togolese jurist; Karima Sioud, Compliance Officer in Luxembourg; and Mustapha Bouzizoua, an international trainer. The organizers stated that the diversity of profiles, including field practitioners, institutional experts, and regulators, confirms the regional and operational scope of the gathering.
Translated and adapted into English by Mouka Mezonlin
Lomé, Togo, is hosting the first-ever Francophone Emergency Housing Forum (RHUF) this week. The event, which started on July 1 and set to end today July 3, comes as humanitarian and climate-related crises continue to intensify across West Africa.
Organized by the African School of Architecture and Urbanism (EAMAU), with support from partners including the Red Cross and the UN Refugee Agency (UNHCR), the forum aims to rethink models for temporary housing in French-speaking regions.
The meeting brings together experts, researchers, urban planners, and policymakers to develop safer, more sustainable, and locally adapted emergency shelter solutions. The forum comes at a time when some parts of the continent report as much as 38% of their population displaced due to disasters or conflicts.
Dr. Malam Boukar Awa Krou, Director General of EAMAU, said the goal is to move away from short-term fixes toward a more lasting response framework, one that builds on local cultures and homegrown innovations.
Francophone Africa, which has lagged behind in addressing emergency housing challenges, is catching up with this inaugural forum. The region faces high funding pressures, limited media attention to the issue, and an urgent need to better structure the sector.
Participants are focusing discussions on financing mechanisms, the transition from emergency to stability, and strengthening the link between academic research and humanitarian practice.
Speaking at the forum’s opening, Kanka-Malik Natchaba, Togo’s Minister for Higher Education and Research and Vice President of EAMAU’s Board, said the event will help consolidate networks for future collaboration on key themes such as humanitarian housing, climate change, population displacement, urban growth, and demographic expansion.
“This forum is a unique opportunity to strengthen cooperation among stakeholders and to develop innovative, lasting solutions,” organizers stated.
Togo has launched the process to equip its newly established regional councils with formal Regional Development Plans (PDRs), the government announced on Tuesday, July 1.
The Ministry of Land Use Planning and Territorial Development unveiled work on a guide that will standardise how the plans are designed and ensure alignment with national strategies. Similar to the Communal Development Plans already in place, the PDRs will integrate climate challenges along with cross-cutting themes such as gender equality, social inclusion, citizenship, security and peace.
The drafting process will include capacity-building workshops for stakeholders, data collection sessions, technical meetings and validation workshops in the coming weeks.
The initiative is supported technically and financially by the UN Food and Agriculture Organization (FAO), under a project aimed at strengthening national and regional capacity to manage climate risks. The project is being implemented jointly with the Ministry of Environment and Forest Resources.
The effort forms part of Togo’s decentralisation drive, which began with the creation of regional councils. In parallel, authorities are preparing Regional Land Use Schemes (SRATs) to provide each region with a coherent and forward-looking spatial planning tool.
This article was initially published in French by Esaïe Edoh
Edited in English by Ola Schad Akinocho