Next June 6-7, there will be a social entrepreneurship forum in Togo. The event is organized by the US embassy, Ecobank, Alafia and organizations promoting social economy in Togo.

At this occasion, issues related to the legal framework defining social enterprises and possible advantages they could benefit from will be discussed. The latter could come as tax or administrative incentives aimed at fostering the firms, not primarily to help them make profits but rather boost populations’ living standards.

The matters of Togo’s social entrepreneurship ecosystem and corporate social responsibility (CSR) will also be covered.

Let’s recall that in March this year, the US embassy and the national youth employment coalition (CNEJ) organized a 3-day training workshop on social entrepreneurship. The latter was led by Theresa Carrington, a US social entrepreneur and CEO of Ten By Three, a firm empowering rural communities through craftsmanship.

Ayi Renaud Dossavi

Yesterday, a four-day workshop focusing on tackling global warming and the Global Environment Facility’s (GEF) new policies and strategies was initiated in Lomé. Eight coastal countries are represented at the event which also aims at regrouping actors engaged in the environment sector and mobilize resources for environmental protection.

The workshop, it should be emphasized, takes place as environmental issues are worsening in the Gulf of Guinea region.

Indeed, according to World Bank, in 2017, environmental degradation (flooding, coastal erosion, air-water pollution) cost Togo $310 million. Coastal erosion alone accounted for $213 million thus 4.4% of Togo’s GDP that year.

Ayi Renaud Dossavi

Togolese artisans now have access to health insurance. The mechanism put in place by the National Health Insurance Institute (INAM) and the ministries of health and social protection was launched May 14, at the Palais de congrès de Lomé.

According to the ministry of craftsmanship, the measure falls under axis 3 of the PND. In the next three years, more than 100,000 artisans should in its framework have an insurance covering non-professional health issues.

“Social protection for artisans falls under a process aimed at gradually covering all social layers in the country, after public administration,” said Victoire Tomegah Dogbé, minister of craftsmanship and youth.

Craftsmanship has for some years now been recording a rapid growth in Togo. In 2017, it represented 18% of the GDP, helping reduce trade balance by 20%, and employing more than a million people.

Last Monday, a meeting regrouping economic operators, representatives of the Togolese chamber of trade and industry (CCIT), the national employers’ council (CNP), various finance institutions and the ministry of agriculture took place in Lomé.

The roundtable aimed at introducing to entrepreneurs business opportunities existing in Togo’s agricultural sector.

Multiple opportunities are available in this sector, for example in regards to preparation of arable lands, extensions, crop and animal production, fish ponds, rice factories, logistics, packaging, storage, processing, fertilizer production, mechanization, maintenance, etc.

During the workshop, key projects were developed by the ministry of agriculture. These include a project to develop the Djablé rural plain and PARTAM, another project to develop the Mô plain.

In the long run, “the government wants economic operators to get more interested in agriculture.” This sector contributed 40% of Togo’s GDP in 2018.

Séna Akoda

The University of Lomé is hosting today, May 14, the pan-African Poultry Conference. Three hundred researchers from fifteen countries, from Africa and elsewhere, are attending the event.

The three-day forum is organized by the regional excellence center for poultry sciences (CERSA) and Togolese branch of the World Poultry Science Association (WPSA). The latter wanted to gather the sector’s various actors to discuss achievements and innovations happening in the poultry industry.

Five major topics will be discussed during the event: product quality, processing and health safety, and poultry economics. 

The CERSA it should be recalled was created in 2014. It received an $8 million financing from World Bank to boost food security through poultry, by training professionals, technicians and experts.

Besides Togo, other countries expected at the conference are: South Africa, Belgium, Benin, Burkina Faso, China, Côte d’Ivoire, Eritrea, Ghana, France, Lesotho, Nigeria, Netherlands, Senegal, and Turkey.

Ayi Renaud Dossavi

Togo is now a member of the development center of the Organization for Economic Cooperation and Development (OECD). The country joined the center May 13, 2019.

President Gnassingbé lauded the achievement saying it would reinforce his country’s relations with the Paris-based institution and also facilitate experience-sharing related to development.

Founded 71 years ago, the OECD works with emerging and developing economies, helping them build a stronger, healthier and fairer world. With Togo, it now has 55 member-countries, 10 in Africa. 

Let’s mention next month, Mario Pezzini, head of the OECD development center will be in Togo for the Togo-EU economic forum.

Ready Study Go International (RSG), French firm specialized in helping African students travel to study abroad, in France especially, started operations in Lomé at the end of last week.

Co-founded by French-Togolese, Komi Adandzi, the firm assesses applicants’ skills and assets, toward better guiding them. It is about enabling them “easily accomplish their goals and know how to get support related to accommodation and visa guarantee,” among others.

With Togo, the company now operates in five African countries. The four others are Benin, Senegal, Burkina Faso and Cameroon. Besides services mentioned earlier, RSG also finances student’s enterprises and provides pedagogic and administrative monitoring. It collaborates with various French agencies and institutions, such as the consulate and embassy of France in Togo.

Announced and presented in Lomé last April 1st by the ministry of foreign affairs, the Togolese diaspora roadmap will be presented next Saturday to the Togolese diaspora in France.

In a recent release, the Togolese embassy in France said a Togolese delegation from the ministry of diaspora will be in Paris to meet the Togolese diaspora in France and neighboring countries.

The roadmap aligns with Togo’s national development plan which relies on private sector (at a rate of 65%). It aims to ease the inclusion of the Togolese diaspora to Togo’s ambitions.

Those interested in attending the meeting have until May 23 to register.

From XOF11.3 billion in 2016 and 2017, Togo’s budget support soared to XOF34.9 billion last year, data from the BCEAO shows. Quite a leap especially considering that the amount was almost null in 2014 and 2015.

The feat is due to the effective implementation of many governance reforms, paired with a growing commitment of Togolese authorities to pursue talks with partners such as the World Bank, related to reform policies.

The Bretton Woods institution in the second half of 2018 provided a budget support of $40 million, saying “it is satisfied with its cooperation” with Togo. A disbursement conditioned by some economic reforms and announced in May that year.

This year, World Bank could provide another budgetary facility to the West African country.