Togo First

Togo First

Total teamed up with Solergie to provide Togolese people a new power solution based on solar energy: SolergieBox. This is a 220V system whose capacities can be increased depending on customers’ needs.

Solergie’s Managing Director, Marie Dominique Lodens commenting on the development said: “SolergieBox is a solar-based power system that generates 220V for up to 8 people. Each of these has access to his or her own box and own meter”.  

“By paying CFA15,000, each customer gets access to an installation enabling connection to two rooms with one lamp, a socket and a switch respectively, and CFA5000 of power credit. Solergie will take care of the connection part and guarantees maintenance and repair on the box,” added Bert Bernolet, CEO Solergie.  

According to Adrien Bechomet, managing director Total Togo, venturing into renewables was driven by “pertinence of investments in clean energy and its socioeconomic impact, in rural areas particularly”.

At the end of this year, Solergie expects to install 240 SolergieBoxes and 3,000 by end-2023, impacting 24,000 households which is more than 200,000 people.

Séna Akoda

Togo recorded during the 2018 agricultural season a food surplus of about 21% spurred mainly by strategic speculations such as sorghum, millet and tubers.

According to Col. Ouro-Koura Agadazi, the sector should aim for better results, considering that focus will be soon shifted to processing. The new challenge will thus be, not only keep improving production, but also and most importantly enhance skills to provide guarantees to new actors who will enter the rising processing sector.

The new incentive mechanism for agricultural funding (MIFA) should greatly contribute in this regard. Based on risk-sharing, it aims at reassuring new agricultural actors, and falls under the government’s goal to boost agricultural growth by 10% over the next 10 years.

Séna Akoda

Since last Monday, Alassane Kaboré became the new managing director of Coris Bank International’s Togolese subsidiary, Confidentiel Afrique reports.

Prior to being appointed this position, Kaboré was the bank’s risk director in Mali.

In Togo, he replaces Sanou Seydou who was moved to the Group’s holding, the website revealed. Seydou, let’s recall, was the managing director of Coris Bank International Togo since its establishment in January 2015.

At the moment, there are four Coris Bank branches in Lomé. However, the group is working to rapidly expand its presence all over the country.

Séna Akoda

At end-December 2017, Togo’s external debt stood at 19.9% of its GDP while internal debt was at 58.8% of GDP. As for debt service, it was valued at 24% of revenues in 2017. This was reported by the International Monetary Fund (IMF) in the framework of its second review under the Extended Credit Facility (ECF).

Since debt has over the past few years impaired public investments in Togo, the report approves Togo’s government’s efforts to borrow outside at more favorable rates in order to pay its costly internal debt which slows private sector particularly and the economy as a whole.

“Though the ECF-backed scheme currently plans for a zero cap for non-concessional debt, risk of external over-indebtedness for Togo is deemed moderate and non-null caps are thus acceptable for non-concessional loans, provided that they do not degrade external over-indebtedness risk rating,” the Fund states.

In its review, the Bretton Woods institution in fact applauds Togolese authorities for the various measures implemented to better manage debt. “Authorities have made a lot of efforts to pay arrears in 2017 with net repaid amount standing at CFA50 billion, that is 41% of all recent arrears”. IMF expects total repaid arrears to stand at CFA65 billion this year and CFA35 billion in 2019.

Still this year, as a result of government’s efforts and reforms to implement under the ECF, external debt should fall below 18.2% of GDP. Togo should lower debt service with an efficient cooperation framework with IMF: “Starting from July 2018, authorities will provide IMF monthly data on outstanding arrears by age”.

Fiacre E. Kakpo 

Nigerian logistics startup, Kobo360, plans to begin operating in Togo, Ghana, Côte d’Ivoire and Senegal by the end of 2019. To this end, it recently raised $1.2 million.

Part of this sum will be used to pay its drivers and buy more trucks which it will rent to firms that wish to transport goods (via an online platform that works like Uber). So far, the startup has more than 5,000 trucks it uses.

“By the end of this year, we intend to add 20,000 trucks to our platform. In the years to come, we will expand to four other African nations,” said Obi Ozor, Co-founder and CEO of Kobo360. “First, we will be in Ghana this year and next year we will go to the other countries,” he added.

Founded in 2016 by Ife Oyodeli Obi Ozor, Kobo 360 already serves 324 firms. By next August, Hausa and Pidgin versions of its platform should be available.

Fiacre E. Kakpo

After launching the Wifi Campus project, Cina Lawson, Togo’s minister of posts and digital economy now moves on with the Digital Environment for Work (ENT) project. Last Monday, the official launched with some of her peers this project which aims to significantly improve local educational system in technical and scientific high schools. The launching cereomy took place at the Adidogomé professional and technical high school, in Lomé.

On that occasion Lawson declared : “Just like other projects such as Wifi Campus (where broadband was deployed in the universities of Lomé and kara), ENT is part of a whole that aims at benefiting Togo’s youth and help mainly adapt training to employment needs in order to ensure that our children have a future, professionally.

A revolution in education sector

The ENT project aims to revolutionize the educational system by making ICT part of training. According to Lawson, “ICT should help Togolese people do things differently leveraging on new opportunities and possibilities offered”. “Education must go through a real revolution to let youth cultivate excellence, be competitive, and overcome the major challenges it faces,” she added.  

In details, the ENT project involves an intranet network connecting various computers and servers. On the platform are available science and technical courses. It includes simulation softwares, a collaborative tool enabling teachers to exchange mails with students. It also enjoys high-speed internet backed by the E-gouv network.

Komi Palamwé Tchakpélé, minister of primary, secondary and professional education, for his part indicated that ENT aligns with the government’s goal to make Togo a logistics hub, via digitalization.

Recent studies shows that over the next 20 years, 50% of jobs currently existing will be replaced by others that will mainly be based on ICT. Togo’s approach is thus quite smart.

Séna Akoda

Tuesday, 03 July 2018 15:42

ECOWAS regional market launched

Last Friday, the regional power market of West Africa was launched in Cotonou, Benin.

Launching ceremony was presided by Benin’s minister of planning and development, Abdoulaye Bio Tchané. Present were 13 ministers of electricity of other ECOWAS nations, including Togo’s, Marc Ably-Bidamon.

According to Bio Tchané, the regional market will help tackle shortcomings in regards to power supply and quality, which have been impeding economic growth across the region.

“The creation of the regional power market is necessary to solve the issue of unequal distribution of power resources between countries, and bridge the power supply and demand gap,” said Benin’s minister of power, Jean-Claude Houssou.  

For Togo which aims at achieving a 100% power access rate by 2030, this is good news since the initiative’s goal is to produce, sell and buy power at low cost.

ECOWAS’ regulatory organ in charge of power (ARREC) was established in January 2018 and is headquartered in Benin. 

Fiacre E. Kakpo

Passionate, perfectionist and visionary, Mablé Agbodan truly incarnates the multi-talent Togolese Woman. Specialized in luxury designs, she is the director of a gallery and online shop.

“Craving to change things and help her Togolese brothers and sisters”, the laureate of the “Arts, Sports and Culture Contest”, Women Category, created in August 2016, the Arts and Craftsmanship Club of Togo. The club’s objective is to improve skills of Togolese artisans to make the sector more competitive and attractive. However, she went through many hardships before getting to that stage. Let’s now discover the adventure of this admirable personage in the present interview.

T.F : You were living abroad where everything was going well for you, both in regards to your work and business. Yet, you returned home. Why?  

M.A : You often hear people say that the best place to serve is home or that no place feels like home. Well, I always say Europeans built their own place and that it is also up to us Africans, to build our own continent. I would like to contribute to that process.  

T.F : So, what do you think are the measures to implement to help Togolese artisans reveal their potential and enjoy their profession ?

M.A : I believe we still have very much to do. African craftsmanship still has a long way to go. For now, one becomes an artisan either when he fails in school, does not want to attend school or when there is no other option. Proof of that is some have to work for free to learn the ropes of a given job since they have no way to pay for the training. I would thus say that what African craftsmanship first needs is sensitization.

For my part, with the limited means I have, I intend to provide the young people of my centre, training in English. I am thinking of negotiating a deal with the US embassy in this regard. Also, since each of them has a bank account, I wish to help them get loans to purchase a vehicle. My goal is to let them understand that their work, what they do, craftsmanship, has great value and that they can live off it.

T.F : Institutionally,  what do you think should be done to develop this sector ?

M.A : Well, I think the sector should be modernized by providing artisans practical tools to stimulate them, to spark their creativity.

T.F : In regards to standards, what is your opinion of African artisans compared to the Europeans, since you have experience with both ?

M.A : African artisans are unable to perform some tasks for the simple fact that they know not how to and lack the means to as well. Also, culture is a barrier since the African artisan was taught to be a follower and not a leader. He is limited, conditioned, he lacks the means to explore and his culture prevents him from truly expressing himself. This is clearly not the case for the European artisan.

T.F : How do you finance the craftsmanship club ? 

M.A : I must say that it is quite difficult at the moment and I would like to take this chance to ask for support from the government, first, and any other willing person, so that this centre will not be the first and last of the kind. I started with whatever I had. I primarily funded the centre with savings I gathered over 10 years and I often tell my artisans that if one does not quickly find a way to sell his works, the well from which he draws money would dry (chuckles…).

T.F : In this regard, what are your outlets ? To whom are your products directed?

M.A : I would surely like to sell to everyone but it is not possible to please everybody. So, my main clients are so far currently in Europe. I offer high-end products which are directed at a specific social group: football players, designers, bourgeois… However, my goal is to sell to people in the African middle class in addition to my actual customers.

T.F : Do you have issues selling here, in Togo ?

M.A : Yes of course. People here are not much interested and often get discouraged by the prices. Others are however interested but do not buy.

T.F : So why don’t you reduce your prices ?

M.A : The thing is, we spend a lot of time making our products. We do not rush. We take time at the stages of conception, design and all the rest… That is why our prices are relatively high.

T.F : Creating this centre is a first milestone. What comes next?

M.A : My dream is to have a university where craftsmanship will be taught. I was dreaming about the Craftsmanship Club for many years and that dream finally came true. I have been through a lot to get here. Since I started my journey on this path, and during my countless trips, I dreamt of one day creating an African institute of craftsmanship (chuckles…). I started on my sister’s veranda and here I am now. The next step is to build other centres in Kara and Dapaong and create a real training centre for artisans. A place where a certain level of skills would be demanded before admission

Interview by Fiacre E. Kakpo, Séna Akoda and Ahlonko Octave Bruce

For the new campaign started at the end of May 2018, cotton producers in the Savannah region eye an optimal output of 67,000 tons. This is almost half of overall production targeted for the season, knowingly 140,000 tons.

However, the farmers set lower target, for the region, at 53,000 tons in case conditions are not optimal.

To achieve their goal, 67,000 hectares would be sown, up from 62,984 ha the past season. This is one third of total areas to be sown across the country this season. With these ambitions, the Savannah region would remain Togo’s leading cotton producer.

At the national level, output would be spurred by a low initial purchase price for cotton seed set at FCFA250 per kg in 2018/19 paired with low prices for various inputs.

Let’s recall that Togo wishes to achieve a cotton output of 200,000 tons by 2022. The sector greatly helped fight poverty in rural areas last season, with more than CFA17.5 billion of net revenues for farmers.

Séna Akoda

On the sidelines of its 20th anniversary, public operator Togo Cellulaire, Togo’s leading mobile operator launched 4G.

Togo Cellulaire thanks you for these past 20 years of fidelity and now brings 4G/LTE to you,” the firm tweeted last Sunday.

To enjoy the technology, TogoCel users must have a 4G-compatible SIM card as well as a device that supports 4G/LTE (smartphone, tablet, modem, box…).

On June 11, 2018, TogoCel and Moov, the country’s second largest operator, obtained operating license for 4G. Both companies at the time committed to speed up the deployment of required infrastructure to make 4G operational before the year ended. So, now that TogoCel has concretized its promise, Moov should rapidly follow.

Fiacre E. Kakpo

To contact us: c o n t a c t [@] t o g o f i r s t . c o m

Please publish modules in offcanvas position.