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Lomé currently hosts the 14th meeting of the Committee of National Telecommunications Regulators (CRTEL) of the Member States of the West African Economic and Monetary Union (UEMOA). The meeting started on July 24 and ends on July 28.
Participants will define appropriate mechanisms to lower communication tariffs and the quality of telecom services across the region.
According to Michel...
The African Development Bank (AfDB) has launched in Togo a digital portal through which it will remotely supervise and appraise its development projects in the country. The tool is officially known as the Remote Appraisal, Supervision, Monitoring and Evaluation platform or RASME.
On July 24, AfDB agents and members of the Togolese government started a three-day workshop to learn about the...
From 2024 to 2028, Togo plans to invest CFA3.1 billion in its shea sector. According to the related investment plan, the money will be spent on boosting output (through sustainable management as well as tree planting), professionalizing the sector, creating value through quality improvement, making products and sub-products, and research and development.
The plan, which was adopted in May...
Faure Gnassingbé, the President of Togo, met with Cindy H. McCain, the new executive director of the World Food Program (WFP) last Thursday, July 20th. Together, they reviewed the partnership between the UN agency and the West African country, especially regarding agricultural entrepreneurship.
"Togo is a major partner, and we want to prioritize this relationship, especially relative to the...
Togolese Minister of Maritime Economy, Edem Kokou Tengue, talked with Commonwealth officials at Marlborough House, in London, on July 19, 2023. They covered the opportunities and benefits that the Commonwealth's Blue Charter presents for Togo. This was on the sidelines of the 129th session of the General Assembly of the International Maritime Organization (IMO).
Tengue, on the occasion,...
Togo’s insurance sector recorded a turnover of CFA87 billion in 2022. This is 34% more than the figure recorded in 2017, according to the country’s Ministry of Economy and Finance. Out of the CFA87 billion generated last year, motor insurance generated CFA13 billion or 14.9%.
The information was disclosed on July 19 by Akou Mawussé Afidenyigba, Chief of Staff to the Minister of Economy and...
Togo needs CFA1.715 billion to develop its mango industry over the next five years, ending in 2028. The 2024-2028 Action investment plan for the mango sector was recently validated by the Ministry of agriculture. This was done in collaboration with the Interprofessional Council of the sector.
The Togolese State should provide 25% of the investment, or CFA438.6 million and CFA840.9...
Last Wednesday, July 19, Togo validated its 2024-2030 food security plan. The document was greenlit in Lomé, the capital.
The strategy focuses on key aspects of the structural transformation of Togo’s food systemens. It will help the country fight food insecurity, in a context where this issue could be agravated by current global crises in coming years, according to experts. The latter,...
Togo and the World Bank inked, on July 20, a $100 million deal to support the Novissi Social Support Program in the West African country. The agreement, which was announced a few weeks ago, was signed in Lomé.
Related documents were effectively signed by Togo’s minister of finance, Sani Yaya, and the World Bank’s new chief of operations in Togo, Marie-Chantal Uwanyiligira.
The...
Matthias Veltin, the outgoing Ambassador of Germany to Togo met with President Faure Gnassingbé last Tuesday, in Lomé. The European official was in Togo for four years.
“I met with the Head of State to give him an update on cooperation. We discussed bilateral cooperation. Relations between the two countries are good,” the German said after the meeting.
During the European’s stay in...
Togo needs CFA2.34 billion to develop its roots and tuber sectors over the next five years, going from 2024 to 2028. The investment was outlined in the country’s 2024-2028 Action Investment Plan for the Root and Tuber Crops (RTC) Sector. This plan was developed by the Ministry of Agriculture, Livestock, and Rural Development and the Interprofessional Council of the Root and Tuber Crops Sector...
The French Development Agency (AFD) will be financing many projects aimed at protecting and preserving the environment in Lomé, Togo. In this framework, the Autonomous District of Greater Lomé (DAGL) just launched the third edition of the call for projects aimed at federations and sports associations operating in the Greater Lomé area.
Launched on July 19, the call closes on August 21....
The West African Development Bank (BOAD) has signed a CFA278 billion credit insurance policy with nine private European insurers. The lender disclosed the signing on July 17, 2023, and emphasized that credit insurance represents 11% of its total loan portfolio.
According to the BOAD, the contract will help raise this portfolio’s average rating and, consequently, positively influence its...
Togo’s telecom regulator, the ARCEP, is working on a partnership with local municipalities to better protect telecom consumers’ rights across the country. The partnership should soon materialize, according to the watchdog.
The announcement comes after the ARCEP sent a delegation to raise people’s awareness about their rights as telecom users in 10 of the country’s towns. The mission...
Over the first half of 2023, the Togolese Treasury has repaid CFA182 billion in debt, contracted via Umoa-Titres. According to data consulted by Togo First, this is 39% more than the amount repaid in H1 2022–CFA131 billion.
In detail, over the first six months of this year, lomé repaid CFA20.33 billion for Fungible Treasury Bills (BAT) and 161.39 billion FCFA for Fungible Treasury Bonds...
Togo is cooking up a plan to ramp up its fonio output in the coming years, to 10,000 t exactly by 2028.
"The overall goal is to double current production to at least 10,000 tonnes of quality paddy fonio, to meet both local and external demand by 2028,” says the Ministry of Agriculture, Livestock and Rural Development, in its Investment Action Plan for the Fonio Sector (2024-2028).
The...