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Page : 94 - Results of 1489 to 1504 from 6526 Results

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16/04/2024
Togo raised CFA33 billion on the WAEMU market for its first issue in Q1 2024. Lomé raised CFA3 billion more than it targeted. In detail, the country collected CFA27.5 billion on fungible treasury bills (BATs). These securities mature over 91 and 364 days and carry multiple interest rates. The remaining CFA5.5 billion was raised on fungible treasury bonds (OATs). They will mature over five...
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12/04/2024
The Togolese Ministry of Rural Access and Rural Roads seeks civil engineering engineers and technicians to work on a project to build 21 modular mixed steel-concrete bridges of the Unibridge type. The Ministry launched a call for applications to select 25 agents. At the end of the process, the ministry plans to recruit 3 QHSE engineers (Quality of Work Execution - Health - Safety - Environment),...
Starting from May 1, 2024, land operations within the territorial jurisdictions of the Golfe and Agoè-Nyivé prefectures in Greater Lomé will be carried out at the Single Land Office (GFU) at the headquarters of the Togolese Revenue Office (OTR).  In a recently disclosed notice, the OTR pointed out that the move should help simplify and streamline procedures, subsequently consolidating...
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11/04/2024
A National Institute of Geography could soon be set up in Togo. The project was discussed on April 9, 2024, by the Council of Ministers.  If effective, the project could help bolster the ongoing land reform. The initiative was presented by the Ministry of Urbanism.  The projected entity would result from the transformation of the current Directorate-General of Geographic Information...
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11/04/2024
Two key studies related to the project to curb flooding in the Lac-Togo area were validated last week. The studies, the Environmental and Social Impact Assessment (ESIA) report, and the Resettlement Action Plan (RAP) were validated in Aneho.  Financed by the World Bank, the project aims to address the recurrent flooding in Togo’s maritime region. It involves dredging works, construction...
The legal interest rate in Togo is set at 5.0336% this year. The government disclosed the figure on April 9, in a Cabinet meeting held in Lomé, the capital.  A decree was issued in this framework, per “the uniform law concerning the legal interest rate in the countries of the West African Monetary Union (UMOA)”. This law “requires the decree to establish the legal interest rate for...
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10/04/2024
The Togo Digital Agency (ATD) is working on a plan to speed up the digitalization of Togo’s public services. The plan was presented on April 9, 2024, during the Council of Ministers.  The document specifically aims to modernize the public administration, through innovative tech tools that will enable the administration to allow users - individuals and businesses - to fill online forms,...
Besides financial inclusion, digitalization, and employment, Sierra Leone seeks to cooperate with Togo on maritime and logistics fronts. On Monday, April 8, David Moinina Sengeh, Chief Minister of Sierra Leone, covered the topic with Togo’s Minister of Maritime Economy. I am delighted to have welcomed the Chief Minister of Sierra Leone, @dsengeh, during his visit to Lomé. Our discussions...
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10/04/2024
Togo will hold its next legislative and regional elections on April 29, 2024.  The polls which were scheduled for an earlier date were postponed to collect the public’s opinion about the recent constitutional revision.  However, according to a decree issued in a Council of Ministers, the electoral campaign will now begin on April 13 and close on April 27. Advance voting is scheduled...
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10/04/2024
In response to a call for projects it launched last year, the Togolese Fund for Cultural Promotion (FNCPC) will soon obtain CFA300 million from the government. Local newspaper Togo Presse reported the news on April 9, quoting the Ministry of Culture.  The CFA300 million will be distributed as follows: CFA133.9 million for performing arts, for 323 projects; CFA51.9 million for film projects....
Togo's performance in fiscal transition within the West African Economic and Monetary Union (UEMOA) is commendable, aligning well with the Union’s objectives. Despite facing a complex and uncertain macroeconomic environment, overall performance in the fourth quarter of 2023 remained positive. As per the monitoring report prepared by the National Committee for Monitoring the Fiscal Transition...
Togo hopes to lower its domestic debt by 7 percentage points over the next three years, bringing it to 54.6% in 2026. The ambition was disclosed in the public administration's medium-term debt management strategy.  Last year, Togo’s outstanding public debt stood at CFA3.707 trillion–mostly denominated in CFA. External debt represented 61% (CFA2.276 trillion) and domestic debt 38.61%...
The Togolese government will, starting this month, launch a series of procurement activities over the next nine months. The procurement series falls under the Millennium Challenge Corporation’s (MCC) Compact program which Togo was declared eligible for in December 2022.  The estimated value of the projected procurements is $13.6 million. As part of the initiative, the MCC plans to...
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08/04/2024
A nationwide tour to consult key stakeholders about the constitutional revision project kicked off today in Togo. The 3-day tour will mainly focus on traditional leaders and organized groups. Around 30 localities will be visited, according to the assembly. Three groups of deputies are leading the tour which is dubbed the "Information and Listening Tour of the Population on the Revision of the...
Sierra Leone's Chief Minister, David Moinina Sengeh, met in Lomé with Togo’s Prime Minister, Victoire Dogbé, on April 5, 2024. The two officials discussed their countries’ ambition to deepen cooperation in various areas, such as financial inclusion, digitization, and youth employment.  I'd an incredible meeting with the Prime Minister of Togo @DogbeVictoire today. We both share a...
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08/04/2024
The ECOWAS Development and Financing Fund for the Transport and Energy Sectors (FODETE) should come online by the end of this year. According to the Ecofin Agency, which reported the news, Sediko Douka, the ECOWAS Commissioner for Infrastructure, Energy, and Digitalisation, mentioned the possibility on April 4, on the sidelines of the first ECOWAS Investment Forum (EIF) in Lomé. Approved for...
 

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