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This year, the Adjafi Fair, an event that showcases young entrepreneurs, will be held in Agoè-Nyivé, as usual. This edition, the eleventh, is scheduled to take place from August 24 to September 10.
The theme of the upcoming fair is "Agritech, a niche for innovation by young entrepreneurs at the service of agricultural development". As usual, it will feature exhibitions, and a roundtable...
Togo just released its extractive activity report for the year 2020. The country published it within the 6-month deadline imposed by the board of the Extractive Industries Transparency Initiative (EITI) from which it was temporarily suspended earlier this year.
Now that Togo has released the report, it should be reintegrated into the EITI as the latter’s board promised when the suspension was...
In Togo, there is a strong correlation between port activity and overall economic growth. The remark was made by the country’s Minister of Maritime Economy, Edem Kokou Tengue, on June 8, World Ocean Day.
"Each time port volume increases by 1%, the gross domestic product of our country [Ed. note: Togo] increases by 0.05 percentage point," said the minister, citing a study conducted by his...
Togo was represented at the Africa CEO Forum 2023 by its minister of investment promotion, Rose Kayi Mivedor. The event was held in Abidjan, Ivory Coast, from June 5 to 6, 2023.
On the occasion, the Togolese official met with a delegation of Canadian companies led by the president of Investment Quebec International, Hubert Bolduc. With them, she mainly covered bolstering the partnership...
The West African Development Bank (BOAD) and Smart Africa Alliance inked a framework on June 7. The document, signed in Lomé, aims to speed up digital transformation in the West African Economic and Monetary Union (WAEMU).
In detail, the deal should foster e-commerce growth in the region, in Togo especially, and promote financial inclusion by supporting suitable investments in digital...
Lomé will host the second edition of the Africa Financial Industry Summit (AFIS) from November 13 to 14, 2023. The Togolese capital hosted the first edition last year as well.
The event will bring together more than 800 African finance actors who will discuss how to improve financial inclusion on the continent. These participants, primarily from banks, insurance companies, mobile money...
The Togolese minister of trade Kodjo Adedze was in London on June 5 and 6 to attend the Commonwealth 2023 Trade Ministers Meeting held in the British capital.
During the meeting, Adedze asked the Commonwealth States to help finance the development projects and programs initiated by the Togolese government under its Togo 2023 roadmap.
"We want to change paradigms, pushing towards the...
The Togolese municipality of Doufelgou 3, located southwest of Niamtougou in the north of the country, validated its Municipal Development Plan (PDC) last week.
With an estimated budget of 1.39 billion CFA francs, the PDC spans five years, going from 2023 to 2028. The 183-page document includes seven (7) major programs, 18 projects, and 122 activities. According to ATOP, the plan was...
The European Union will invest 1.8 billion FCFA (€3 million) in a capacity-building project designed by the International Monetary Fund (IMF). The project is set to help Togo’s Ministry of Economy and Finance implement key reforms in public finance management.
Known as the "Public Finance Management Strengthening" initiative, the project will be carried out over the period 2023-2026....
The Sheyi Emmanuel Adebayor Foundation (SEA Foundation) will help implement reforms and improve the courses offered at the University of Lomé. The two parties recently signed a partnership on June 5, 2023, in Lomé where the Ex-Footballer Adebayor himself inked the partnership on behalf of his foundation while the university was represented by UL President Dodzi Kokoroko.
Under the agreement,...
Lomé is hosting a 4-day assessment meeting that could lead to the adoption of the ECOWAS Interconnected Management System for Goods in Transit (SIGMAT). Customs officers from eight West African countries (Benin, Burkina Faso, Côte d’Ivoire, Ghana, Mali, Niger, Senegal, and Togo) are taking part in the meeting.
The system is financially and technically backed by the World Bank. It is a...
This year, the Togolese government plans to pre-finance the purchase of fertilizers for local farmers with over CFA800 million. The distribution campaign kicked off on Saturday, June 3, in Sada (Tchaoudjo Prefecture), setting the stage for the 2023-2024 agricultural campaign.
Lomé intends to provide the poorest farmers with NPK 15-15 and urea fertilizers through the Togo National Food Security...
Togolese authorities recently inaugurated a new slaughterhouse in Hemazo, in the Lacs prefecture. The inauguration ceremony took place on June 2, in the presence of Sandra Ablamba Johnson, the Minister and Secretary-General of the Presidency, Myriam Dossou d'Alméda, Minister of Base Development, and Aquéréburu Coffi Alexis, the Mayor of the Lacs 1 municipality.
According to Johnson,...
Togo needs about $10 million per year to finance a project that supports people living with HIV (PLHIV) and tuberculosis (TB) patients.
The amount was disclosed in a study ordered by the Permanent Secretariat of the National Council for the Fight Against AIDS (CNLS). The study report was validated on Friday, June 2, in Lomé, during a workshop organized in collaboration with UNAIDS and the...
Last Friday, Togo successfully raised CFA31 billion ($56 million) on the West African public securities market. Lomé raised the funds through a simultaneous issue of Treasury Bonds and Bills (BAT and OAT).
According to the Umoa-Titres agency, Togo secured CFA26 billion with the bills and the remaining CFA5 billion came through the bonds. The former will mature over 182 days and the latter over...
Togo has reached a new step in its biometric ID system project. The country just trusted the project to Atos and IDEMIA, according to a statement issued by ANID-TOGO, the Togolese ID Agency, on June 1, 2023.
The two French firms will develop the biometric system inspired by the Modular Open Source Identity Platform (MOSIP). Concretely, they will design, build, test, and launch the national...