Togo First

Togo First

 

A new delivery service, Chap Chap, has launched operations in Togo. The announcement was made on April 1 by the company which stated: “Our service is officially operational for your parcels and mail shipment”.

According to Alao Lawal, Chap Chap’s founder, the particularity of the new delivering service is that it is exclusively digital and uses geolocalization. In Togo, Chap Chap joins Delivroum, another service recently acquired by Gozem. 

Chap Chap has a website and a mobile app, just like Kaba Delivery which also works in Lomé. 

Séna Akoda

 

In 2019, Togo exported over $80 million worth of goods to Niger, according to data gathered by the UN. 

The exports include mainly livestock and oils (valued at around $25 million), as well as plastics and derivatives ($14.5 million). There were also vehicles, sugar, iron, steel, wines, fabrics, alcohol drinks and other beverages.

This makes Niger Togo’s fourth export destination over the period reviewed, with 8.9% of all Togolese exports. The new performance is far better than that recorded in 2018; it stood at about $38 million. 

The increase is attributable primarily to the Port of Lomé’s performances which were significantly driven up by the Togolese government’s efforts to make the infrastructure a logistics hub across the region. 

It should be noted that President Gnassingbé was in Niamey on April 2, 2021, to take part in the swearing-in ceremony of Niger’s newly elected leader, Mohamed Bazoum. It is to be expected that bilateral cooperation between the two countries, at the trade, politial and diplomatic levels, will further improve, especially given growing talks of an open market in Africa. 

Séna Akoda

The Nunya Lab incubator urges young Togolese entrepreneurs, startups, and professionals to run in its Hack your Administration contest. The latter promotes digital innovations in public services. 

Themed “Digitizing public services to better help citizens,” this hackathon has a winning prize of CFA3 billion. Applicants must submit their projects by April 10, 2021. 

In effect, these projects can be in any of the following areas: health, business startup, tax management, delivery of nationality papers, insurance, education, visa issuance, employment and land. 

The projects may consist of the design and delivery of products or services, computer software, mobile applications, websites or computer devices.

Daniel Agbenonwossi (intern)

The Société Aéroportuaire de Lomé Tokoin (SALT) has resumed steps to renew its airdrome certificate after halting the process in 2019 due to Covid-19.

In this framework, experts, from Senegal, Niger, and Togo, are gathered since March 29, 2021, with the executives of the entity which manages infrastructures at the International Airport of Lomé (AIGE). 

For two weeks, all the parties meeting will assess the airdrome facilities ensuring they are safe for use and confirm the safety of the Togolese air space. This assessment, the AIGE indicates, “is the 3rd out of 5 phases of the process to examine equipment, facilities, and operational procedures in line with applicable certification standards.”

The five phases concerned are the expression of interest by the applicant, the formal application including the evaluation of the airdrome facilities and equipment, the issuance or refusal of the airdrome certificate, the publication of the status of the certified airdrome, and the required details. 

According to the experts gathered, emphasis will be put on how efficiently the applicant will manage its operations and potential issues will be addressed to the applicant in written form. They further observed that it would “befall the applicant to take the necessary measure to tackle these issues” before securing the requested certificate. 

The SALT’s airdrome, it should be noted, has been operating for a year with a provisional certificate issued by the National Civil Aviation Agency (ANAC).    

Daniel Agbenonwossi (intern)

Thursday, 01 April 2021 17:11

The BOAD plans to double its capital

On Wednesday, March 31, 2021, Serge Ekue, president of the West African Development Bank (BOAD), announced that the institution plans to double its capital. 

We plan to double the Bank's capital by structuring a capital increase operation in which member states and the BCEAO will be the reference shareholders, with the possible entry into the capital of strategic partners rated AA or higher,” said Ekue.

The project will be discussed at the next Council of Ministers of Finance of the WAMU to know the predisposition of member countries to follow through with the process. The latter should in effect allow the BOAD to increase its equity to about 1,626 billion CFA francs.

Initiating the Djoliba plan...

The capital raising as well as the structuring of the shareholding will be an essential component for the new Djoliba plan, a strategic program covering the 2021-2025 period. And while this plan revolves around certain priority sectors, others should not be left out, the Beninese financier said. 

The Bank is committed to providing about CFAF 3,300 billion (€5.03 billion) of which at least ¼ will be used to support the private sector; this is an increase of about 50% compared to the financing put in place under the previous plan,” said Ekué.

To achieve its ambitions, the BOAD aims to raise its current BBB rating, from Moody's and Fitch, by two notches. Doing so should enable it to keep mobilizing funds on the international markets.

Through this investment program, the Bank intends to help develop 12,170 hectares of land for the production of 170,300 tons of rice per year. 

In the energy sector, the monies will serve to install an additional 380 MW, with a minimum share of 39% generated from renewable energies. While it just mobilized €750 million in bonds focused on sustainable development goals, the BOAD has committed to finance projects that will save 18 million tons of CO2 and increase average drinking water production by 87,700 m³/day.

Already much active in the road infrastructure sector, the Bank is expected to back the construction of 12,700 km of roads to improve transportation and facilitate the movement of people and goods across the region. 

The institution headed by Serge Ekué since August 28, 2020, expects all these actions to generate 244,000 jobs; 16,700 of these are expected to be created by MSMEs, which, so far, have directly benefited from only 2% of BOAD's loan portfolio.

A looming overhaul

While the positions of vice-president and chief economist have just been created within the Bank, Serge Ekue announced that more profound reforms will follow in the coming months. The former Natixis executive said he will soon have a second vice-president, as part of the Oasis project, which he defines as “an internal change management project.” “The BOAD of tomorrow is under construction,” he added. This is as the Bank plans to “acquire the capacities required to be more efficient across the entire value chain: origination, preparation, structuring, financial structuring, monitoring of the physical and financial execution of projects, and ex-post evaluation.”

Fiacre E. Kakpo

The High Inter-State Council proposes to the Heads of State the dissolution of the Communauté Électrique du Bénin (CEB). The chairmen of the High Inter-State Council of the CEB are responsible, each in his or her area of responsibility, for implementing this decision, which takes effect from the date of its signature.”

The decision was taken last week’s ending, during the 105th session of the CEB. The related agreement was signed by the Togolese and Beninese ministers of Energy and Mines, respectively Mila Aziable and Dona Jean-Claude Houssou. 

Unpaid bills

For over half a century, the CEB marked the two neighbors' power industry. Finally, however, it appears to have suffered many months of troubles - economic notably - including accumulated debts to Nigeria, one of its suppliers. The situation led Nigerian President, Muhammadu Buhari, to threaten, repeatedly, to cut power supply to Togo, Benin, and Niger, if these countries did not pay the $16 million they owed his country. At the time, the Nigerian leader had said that power supply is not charity.

Out of the amount owed, Togo, until 2020, was the only country to have cleared part of its debt. Lomé indeed made a payment of N1.51 billion (CFA2.16 billion) to Nigeria, according to a report recently released by the Nigerian Electricity Regulatory Commission (NERC) and covering the second quarter of 2020. 

Ultimately, it is up to the heads of state of Togo and Benin, Faure Gnassingbé and Patrice Talon, or his eventual successor, to endorse and seal the acts of their representatives in the Interstate Council, which heralds a scheduled dissolution of the joint institution responsible for producing and transporting energy in both countries. According to some experts, this denouement should not be shocking considering recent events the CEB recorded. 

A predictable turn of events

Indeed, even before the dissolution was announced, the two nations had started, since January 1, 2019, independently importing the energy they need. Before that, it was the CEB that was tasked with ensuring the production and transport of electricity for Benin and Togo and the two States had committed not to sign any deal separately. 

In the wake of these events, the corporate purpose of the CEB was amended, turning the joint entity into a “power transmission system operator with the charge of continuing to operate the Nangbeto dam and the two gas turbines installed in the two countries.”

It has been placed under provisional administration. “A transitional management will be put in place from January 1, 2019,” the two countries had announced. 

Séna Akoda

Initially scheduled for March 11-12, the dialogue on the integration of environmental issues in development challenges will finally take place on April 1 and 2, 2021. 

Organized by the National Agency for Environmental Management (ANGE), the event will be sponsored by Togo’s Prime Minister, Victoire Tomegah-Dogbe. It will be held in Lomé. 

Placed under the tutelage of the ministry of environment and forest resources (MERH), the ANGE helps citizens protect the environment. 

During the dialogue, the place of this entity will be discussed, concerning Togo’s efforts to secure funds for major projects. 

Among expected participants are representatives of State institutions, UN bodies, and civil society actors. There should also be figures from Togo Invest, Kékéli Efficient Power, and the MERH. 

Séna Akoda

Yesterday, March 30, the Project for Reforms and Investments in the Togolese Power Sector (PRISET) was launched. 

Financed by the World Bank, the project will help “rehabilitate Lomé’s power network and reduce by one-third the ratio of malfunctioning, which is the main source of outages, by 2022,” said Mila Aziabléé, minister of mines and energy. Concretely, the project covers low and medium-voltage distribution networks.

In detail, the PRISET has two main axes: the first is dedicated to reforms in the sector and the other, to works aimed at improving people’s access to power. Regarding the second axis, it includes rehabilitating the installations of the power utility CEET, reinforcing medium and low voltage networks and building MV aerial networks, prefabricated networks, and acquiring connection kits. 

Togo aims to provide electricity access to its whole population by 2030, under its power development strategy. 

Séna Akoda

On March 30, 2021, the Togolese parliament passed a decree approving the digitalization of the process to secure a judicial record. The initiative which falls under the government’s E-Administration project also aligns with the modernization of Togo’s legal system.

Initially expected to be effective next month, the initiative has been postponed to May. “In the meantime, major reforms will be implemented to secure the procedures related to the issuance of this document,” observed the National Assembly’s president, Yawa Djigbodi Tsègan.

Thanks to the new provisions, it will be possible for all Togolese to submit online, the application, payment, and processing of judicial records, simply by connecting via smartphone, tablet, or computer,” Tsègan declared.

This should help save time and drastically lower costs incurred in getting a judicial record. In effect, the initiative enables citizens to obtain the document without having to go to their place of birth. Instead, they just have to indicate where they would like the document delivered.

Séna Akoda

By the coming year, a health complex dedicated to infectious diseases will be erected in Kara, Northern Togo. Construction works for the facility were officially launched last weekend by the minister of Health and the Ambassador of Germany, the project financer. 

The first phase of the project will cost more than CFA2 billion which will partly come from the German cooperation in Togo. The program takes into account training, research, management, and monitoring of infectious diseases. The hospital will have 80 patient beds which could be increased if needed.

The site hosting the project is the former local base of the National Hygiene Institute (INH). The hospitality complex will also have a healthcare unit, a diagnostic center, a technical services unit, a staff ward, and a pharmacy. 

Let it be recalled that Germany has been financing since 2015 a program that aims to boost the immune system and improve the reproductive health of Togolese, among others.

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