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After rising consecutively since April, the inflation rate in Togo fell slightly to 6.6% in August. This was recently disclosed by the country’s Institute for Statistics, Demographic and Economic Studies (INSEED).
The source mainly attributes the decrease to a decline in indices across various consumption sectors. Notably, there were declines in "Food and non-alcoholic beverages"...
The "Océan’s News" magazine announced the winners of its third edition of the "L’Afrik de Demain" program. Eight young Togolese entrepreneurs stood out among the 20 laureates revealed on September 14.
The eight chosen, all under the age of 35, come from diverse sectors such as agro-industry, technology, fashion, and design. They were picked because their projects, according to the jury, met...
The Togolese Ministry of Health seeks a firm to audit the PR4SP, a project launched last June and aimed at bolstering the country’s basic health system.
In addition to carrying out the financial and accounting audit of the project, the selected firm will verify the conformity of contracts awarded in its framework, throughout the 2023-2026 period.
Firms interested have until September...
Starting from the next academic year, which opens on September 25th, English will be taught in all preschools and primary schools across Togo. The news, which aims to further integrate the language into the country’s education system, was announced last Friday by the Minister of Primary, Secondary, and Technical Education, Komla Dodzi Kokoroko.
"The pilot phase of introducing English at the...
Following her recent appointment as Togo’s new minister of communication, Yawa Kouigan said she “will work tirelessly to promote information for our citizens, to enhance the pedagogy of governmental action, to structure the media landscape for dynamic, innovative, and transparent communication in the service of the nation.”
From the Private Sector to Politics
Born in November 1979,...
Togo is ready to help Niger’s people get humanitarian aid. Robert Dussey, the Togolese minister of foreign affairs, said so in a note to the president of the ECOWAS commission on September 15, 2023. The official expressed Togo's readiness to "facilitate the operations of the United Nations humanitarian agencies providing crucial assistance to vulnerable populations amidst the ongoing political...
On Friday, September 15, 2023, the Togolese government successfully raised XOF32 billion on the West African Economic and Monetary Union’s public securities market. This is XOF2 billion more than Lomé had targeted.
In detail, the country’s treasury raised XOF8 billion through fungible bills, with a 364-day maturity period and variable interest rates. The remaining XOF24 billion were...
Leonardo Santos Simão, the representative of the United Nations Office for West Africa and the Sahel (UNOWAS) met with President Faure Gnassingbé, in Lomé, yesterday, September 14. With the Togolese leader, the recently-appointed representative talked about the security and humanitarian issues currently facing the region.
The UN representative, on the occasion, said he was ready to...
The Togolese capital, Lomé, will host the 5th edition of the FERIN Fair ( Salon de Facilitation des Échanges et Revalorisation des Investissements) on November 5, 2023, Terreau Fertile, the association behind the event announced on September 13.
"Towards inclusive CSR: Engaging businesses for sustainable social impact in Togo" is the theme of the upcoming event, and it will gather public...
In a statement release dated September 13, 2023, Togo’s Ministry of Tourism announced that the Roc Hotel of Atakpamé in the Plateaux region will reopen on October 1. The hotel was closed over the past three months for rehabilitation work.
"The Roc Hôtel of Atakpamé reopens its doors on October 1, 2023, after 3 months of closure for renovation work. As a result, you will now be able to...
The International Finance Corporation (IFC) has invested €15 million in the Joliba Fund I, which is managed by Abidjan-based private equity firm Joliba Capital. The World Bank’s private sector arm announced the investment on September 13.
In its press release, IFC noted that most (80%) of the facility should support SME growth in several countries, including Togo. Other countries...
Passenger traffic at Lomé’s Gnassingbé Eyadema International Airport(AIGE) stood at 632,083 heads over the first half of 2023. According to a report published by the Directorate General of Budget and Finance (DGBF), this is 25.3% more than the 472,166 people recorded between January and June 2022.
The DGBF’s report attributes the surge to the opening of new routes, such as the Lomé to Sao...
Lomé will host the 14th Conference of Ministers in charge of Employment and Vocational Training of the West African Economic and Monetary Union (UEMOA) on September 15. The meeting will focus on identifying common strategies for boosting youth employment in WAEMU States.
The conference’s theme is: "Labor market information system: what strategies for better socio-professional...
Togolese companies should integrate intellectual property into their business strategy. This, according to the Minister of Trade, Rose Kayi Mivedor-Sambiani, would make them more competitive, at the continental level. The official made the statement on the sidelines of the 24th African Day for Intellectual Property, on September 13.
"Intellectual property is a crucial issue for businesses," said...
Investments in Togo have risen steadily over the past five years. According to the latest economic data available, they grew by 4.5% on average to about 20% of the GDP in 2022.
The rise, according to the Presidency, was induced by pivotal reforms and infrastructure modernization, in a context where more efforts are being made to boost the private sector’s capacity to attract...
The Togolese Minister of Youth, Myriam Dossou-d'Almeida, is in London. The official is attending the 10th Commonwealth Youth Ministers' Meeting which opened on September 12 and closes on September 14.
On September 11, Dossou-d’Almeida discussed with the Commonwealth’s Secretary General, Patricia Scotland, the prospect of the organization's support for young Togolese in the fields of...