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Togo First

Togo’s Savanes Region Approves CFA840 Million Budget for 2025

The Savanes Regional Council in northern Togo adopted a budget of CFA840 million for the rest of 2025. The council approved the measure on Saturday, 16 August, during its third ordinary session held in Dapaong.

The council allocated the funds to several key sectors. In education, ten secondary schools will each receive new buildings with classrooms, offices, desks, and benches to improve learning conditions.

In health, maternity wards will be built in four prefectures. Officials say the facilities will reduce childbirth risks, improve newborn survival rates, and provide maternal health services closer to rural communities.

The budget also earmarks funds for the cotton sector, which plays a strategic role in the local economy, as well as for food crops. Authorities want to strengthen food security and help producers cope with ongoing security challenges in the region.

After the budget adoption, Regional Council President Banlepo Nabaguedjoa pledged fast action. “Starting tomorrow, these commitments must be translated into visible and measurable actions in our fields, our schools, our health centres, on our roads and in every village,” he said.

Esaïe Edoh

 

• Zener International Holding (ZIH) secured CFA13.5 billion with Ecobank’s support to expand in Guinea-Bissau.
• The funding will finance the takeover of Petrogal Guinea-Bissau assets, including petrol stations, fuel depots, and aviation storage.
• BOAD and other regional institutions joined the deal, reflecting a wider trend of African players replacing international majors.

Togolese energy group Zener International Holding (ZIH) has raised CFA13.5 billion to develop operations in Guinea-Bissau. Ecobank Transnational Incorporated (ETI), through its subsidiary EDC Investment Corporation (EIC), structured the fundraising, the company confirmed this week.

The deal allows Zener to take over the assets of Petrogal Guinea-Bissau, once owned by Portugal’s Galp Energia. The assets include a network of petrol stations, strategic fuel and gas depots, and aviation storage facilities across the country.

“Taking over Petrogal GB means establishing a long-term foothold in a high-potential market and promoting a vision of locally invested, forward-looking energy,” said Jonas Aklesso Daou, president of ZIH.

Ecobank said the transaction fits its ambition to support African-led economic growth. “By facilitating this takeover, we are affirming our commitment to supporting visionary African companies in key sectors,” said Paul-Harry Aithnard, Ecobank’s Regional Executive Director for the West and Central African Economic and Monetary Union (UEMOA).

Ecobank worked with other regional financial institutions to complete the operation. BOAD contributed CFA5 billion in June, underscoring the scale of pooled financing behind the deal.

The transaction reflects a growing trend: global energy majors are gradually reducing their footprint in Africa while regional firms such as Zener expand. Analysts see this as part of broader pan-African growth and integration.

This is not Zener’s first major financing. In August 2022, the International Finance Corporation (IFC), the World Bank’s private sector arm, granted the company €16.2 million. That package expanded LPG storage capacity by 3,600 tonnes, equipped five new service stations with gas cylinder exchange modules and solar kits, and supported energy transition infrastructure.

Ayi Renaud Dossavi

 

• Organizers expect nearly 2,000 young people in Lomé for the second edition of the Youth Delivery Lab (YDL).
• Debates will focus on agro-industry, sports industry, peace, and social cohesion.
• Regional editions in Kara and Atakpamé already laid the groundwork in 2024.

The Youth Delivery Lab (YDL) will return to Lomé this year after a successful first edition in 2023. Organizers expect nearly 2,000 young people to attend, four times the number mobilized in the debut event.

The roundtable will bring together young Togolese from across the country and the diaspora. It will also include researchers, entrepreneurs, association leaders, and professionals from both public and private sectors. Organizers want participants to exchange views, debate issues, and propose solutions under the theme “Harnessing the Potential of Young People for Development.”

The agenda already highlights several areas: development of the agro-industry, revitalization of the sports industry, and efforts to strengthen peace and social cohesion. Each topic reflects priorities voiced by young people in earlier consultations.

Ahead of the main event, organizers held regional editions in Kara and Atakpamé in August 2024. These sessions aimed to capture local realities and ensure representation from young people nationwide.

The first YDL, also held in Lomé in 2023, focused on “Promoting Local SMEs to Become National Champions.” That edition gathered participants from every economic region and from diverse sectors to discuss the foundations of nation building.

Organizers opened online registration several weeks ago and continue to welcome sign-ups from interested participants.

Octave A. Bruce 

 

On August 16, the Togolese government launched the 2025 edition of the “Active Holidays in Companies” project in Lomé and several regional towns. The Ministry of Public Service Reform, Labour and Social Dialogue spearheads the initiative, with support from the National Employment Agency (ANPE) and the private sector.

The project gives Togolese students their first professional experience through holiday work placements. It seeks to keep young people engaged during the break while strengthening their practical and interpersonal skills.

From August 18, more than 1,200 youth, selected through a competitive process, will start placements in both parastatal bodies and private companies nationwide.

The new project adds to existing initiatives like the AIDE program and the national volunteering scheme. It aligns closely with President Faure Essozimna Gnassingbé’s goal to boost youth employability and professional integration. Employment Minister Gilbert Bawara said, “We are focused on meeting our young people’s needs and giving them a chance to learn the demands of the working world during their training. The world of work is tough, so we must equip our youth to be ready and operational once their studies finish.”

Thierry Awesso, vice-president of the Conseil national du patronat (CNP), praised the initiative, saying, “While these young people come to learn, they will also bring fresh ideas and energy that can improve businesses. This project showcases strong cooperation between public and private sectors and gives our youth a valuable chance to prepare for their careers.”

Before starting, participants received training on soft skills, citizenship, and civic responsibility. They will also receive a lump-sum allowance and registration with the National Social Security Fund (CNSS) for professional risk coverage.

Esaie Edoh

The Kara Regional Council in Togo approved a priority action plan estimated at CFA1.9 billion on August 16, 2025, during its third ordinary session in Kara.

Council members outlined nine key projects targeting local development in three areas: environment, education, and water and sanitation. The plan budgets CFA797 million for 2025 and 1.116 billion for 2026.

The State will finance the projects via the Fund to support local authorities (FACT). In the environmental sector, the Council allocated CFA106.7 million for reforestation and establishing new forests across the region’s seven prefectures.

For water and sanitation, the plan commits CFA118.1 million to rehabilitate boreholes and independent water points in 17 localities. In education, CFA118.7 million will support renovating school buildings and equipping lower and upper secondary schools.

These projects mark the start of the Council’s efforts since its installation in January 2025. Its mission aims to drive balanced regional development under a framework of strengthened local governance.

This article was initially published in French by Esaïe Edoh

Edited in English by Ange Jason Quenum

  • Alain Nkontchou's Bosquet Investments acquired 21.22% of Ecobank for $100 million from Nedbank.

  • Ecobank raised $250 million in July via Tier 1 convertible bonds to boost its capital and support African expansion.

  • Nedbank sells Ecobank shares to refocus on Southern and East Africa, while Ecobank sells its Mozambican subsidiary to FDH Bank.

Ecobank Transnational Incorporated (ETI), the pan-African bank headquartered in Lomé, welcomed a new major shareholder. Bosquet Investments Ltd., owned by Alain Nkontchou, bought 21.22% of Ecobank’s capital for $100 million from Nedbank, Ecobank’s main shareholder for 17 years. The deal, announced through an agreement, should close by the end of 2025 after regulatory clearance.

This purchase marks a comeback for Nkontchou, who served on Ecobank’s Board for about a decade before stepping down last year. The former chairman now plans to back the bank’s "Growth, Transformation and Returns" strategy aimed at sustainable growth.

The timing of the investment aligns with a busy period for Ecobank. In July, the bank completed a $250 million private offering of Tier 1 convertible bonds (AT1). The bonds sold quickly and will strengthen Ecobank’s capital base and support its expansion across Africa.

For Nedbank, the sale fits its strategic shift to contain risks in Central and West Africa. The South African group now focuses on its stronger markets in Southern and East Africa.

Meanwhile, Ecobank continues streamlining its regional operations. On August 6, the group confirmed the sale of its Mozambican unit, Ecobank Mozambique, to Malawi’s FDH Bank.

Ecobank operates from Lomé across 35 African countries. The group serves over 32 million customers and manages assets worth several billion dollars.

This article was initially published in French by Ayi Renaud Dossavi

Edited in English by Ange Jason Quenum

The Terreau Fertile Association will offer free medical care to about 1,000 people in Togo. The initiative targets patients with various diseases, mainly eye and dental problems. Terreau Fertile launched its 5th "Solidarité Fertile" campaign on Wednesday, 13 August 2025, in Lomé.

The association will deliver these free services to vulnerable groups across five regions: Tandjouaré (Savanes), Kabou and Kouméa (Kara), Mo and Tchamba (Centrale), Tohoun (Plateaux), and Tabligbo (Maritime). To fund the campaign, Terreau Fertile plans to raise 46 million CFA francs.

The program includes consultations, screenings, and operations for cataracts, dental care, and extractions. It also promotes preventive oral health. Additionally, 50 children will receive pediatric surgery through the campaign.

Biléyo Donko, the association’s president, said the campaign will run from August to September 2025. He added that the initiative supports the national health policy, which aims to guarantee access to quality healthcare for all citizens.

Esaïe Edoh

 

The African Consumer Organisation (OAC) started a new survey in Togo to measure users’ satisfaction with financial services. The survey aims to assess how people perceive the welcome and service quality provided by banks and microfinance institutions.

The launch ceremony took place on August 12. This survey forms part of a pan-African project called the "Survey on the level of consumer satisfaction with financial services." The project is running simultaneously in 15 other countries, including Benin, Morocco, and Nigeria.

The Togo Consumer League(LCT) and the Togolese Consumer Association(ATC) handle the survey’s implementation in Togo. Emmanuel Sogadji, President of the LCT, reminded the audience of a previous survey by his organisation. That survey revealed nearly 70% user dissatisfaction, highlighting the “scale of the challenges” and the urgent need for coordinated action across Africa.

The survey will run until October 12. It will collect responses through an online form. Financial institutions will also help spread the word to increase the number of participants.

The OAC plans to release the results in early November. The findings will provide comparative data by country and by institution. These insights will guide specific recommendations to improve the quality of financial services across Africa.

Participants can find and complete the online form to share their experiences.

Ayi Renaud Dossavi

 

Togo will receive €22.5 million (about CFA14.7 billion) from Luxembourg, supported by the European Union, to strengthen its environmental policies. The new funding supports the ongoing fight against climate change and the protection of biodiversity through the Support Programme for the Fight against Climate Change and the Protection of Biodiversity, known as PALCC+.

Minister of the Environment Katari Foli-Bazi signed the agreement in Lomé during a visit by a Luxembourg delegation. The funds will target urban waste management improvements across six major cities and enhance the conservation of priority protected areas, including Fazao-Malfakassa National Park.

The project focuses on building modern waste sorting and recycling facilities. It will also intensify efforts to combat poaching and deforestation, key threats to Togo’s natural heritage.

PALCC+ builds on the original PALCC program launched in 2017, which received €10.6 million from the EU. The initial program aimed at preserving natural resources and agro-ecology in strategic protected areas across the country.

The expanded PALCC+ program adds new components. It will structure value chains around non-timber forest products and agricultural goods. It will also develop hydro-agricultural schemes and restore degraded peripheral zones, especially along the Mono River.

Early estimates from PALCC show that nearly 17,000 households will directly benefit from the program. Altogether, about 1.15 million people across Togo could see direct or indirect improvements from these efforts.

Ayi Renaud Dossavi

Niger is expanding its Salkadamna coal project to include Togo, after securing partnerships with Burkina Faso and Mali. On August 13, 2025, Niger’s Energy Minister Amadou Haoua presented the project to Togo’s authorities, including President of the Council Faure Gnassingbé in Lomé.

Haoua said the goal is to make Salkadamna a strategic pillar for energy sovereignty across West Africa. “We are on a sub-regional tour to invite friendly and brotherly countries to join us in a new dynamic involving a 5,200 MW modular electricity capacity project,” he said. This partnership aims to accelerate progress toward energy independence in the sub-region.

Togo welcomed the project as it pushes to achieve universal electricity access by 2030. Minister of Mines and Energy Resources Robert Eklo described Salkadamna as “both an integrated and integrating project.” He explained it combines coal mining, power generation, and energy export networks involving the Alliance of Sahel States, Togo, and Chad. Eklo also called the project “inclusive,” uniting multiple countries with everything essential included in one plan.

Launched originally in the 1980s and revived in 2014, the Salkadamna coal complex targets the exploitation of approximately 69 million tonnes of regional coal reserves. It will build a thermal power plant with a capacity exceeding 5,200 MW, an open-pit mine, high-voltage transmission lines, and a coal briquette factory producing 100,000 tonnes annually.

Niger plans to generate massive electricity from locally mined coal, supplying domestic demand and exporting surplus power to neighbors. By joining the initiative, Togo could significantly reduce its dependence on imported oil, which currently powers much of its thermal electricity generation.

At present, Togo relies heavily on diesel and imported fuel oil for electricity. Integrating coal power from the region offers a chance to diversify the energy mix and shield the country from volatile international fuel prices.

The project also promises to bolster Togo’s energy security amid geopolitical tensions and global energy market fluctuations. Salkadamna could stabilize electricity supplies for the entire region.

Minister Haoua said the project is well advanced in Niger, with a 600 MW pilot phase underway. However, it requires participation from other countries to scale up. The initiative involves Niger’s WANDA GROUP, alongside Chinese firm HEC and Indian company Kalpa-Taru, structured as a public-private partnership.

This article was initially published in French by Esaïe Edoh

Edited in English by Ange Jason Quenum

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