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The Togolese Ministry of Economy and Finance recently warned about a scam spreading on social media. The ministry exposed a fake note dated May 25, 2025, falsely claiming to launch “online investment sessions” linked to a supposed investment level chart.
The ministry categorically denied any involvement in this scam. The authorities labeled the note a deliberate digital fraud designed to...
Togo kicked off its 2025 national reforestation campaign on June 1. The government allocated CFA11.18 billion to the initiative, the Ministry of Environment confirmed through Togo Presse.
Under the campaign, the government plans to reforest 34,563 hectares by planting 37.71 million seedlings of different species. On day one, officials reported planting at least 2 million young trees.
This...
Togo aims to train 50,000 students every year in artificial intelligence, coding, and digital English. The government started a pilot program this year at the University of Lomé, enrolling 1,500 students in the first phase of the project.
Officials say the program will equip young Togolese with essential digital economy skills. It supports inclusion and transforms the country’s...
About 30 Togolese and Turkish entrepreneurs gathered in Lomé on May 27 for the Turkey-Togo Business Forum. The World Cooperation Industries Forum (WCI Forum) organized the event to boost economic cooperation between the two countries.
Business leaders from sectors like food processing, electrical appliances, construction, agriculture, textiles, industrial materials, and cosmetics discussed...
The Togolese government struck a new deal with the International Monetary Fund (IMF) following the second review of its economic program under the Extended Credit Facility (ECF).
After weeks of talks in Lomé and Washington, both sides reached a “staff-level” technical agreement. This deal clears the way for a $58.4 million disbursement (about 44 million Special Drawing Rights),...
Togo produced 60,403 tonnes of seed cotton during the 2024-2025 season, down 9.8% from 67,000 tonnes in the previous season. The recent output was also 8.4% shorter than the initial forecast of 66,000 tonnes. The figures were disclosed by the Nouvelle Société Cotonnière du Togo (NSCT) during the sector’s national review meeting in Kara on May 28, 2025.
Industry insiders attribute the drop...
Togo postponed its municipal elections from July 10 to July 17, 2025. The Ministry of Territorial Administration announced the change on May 29, citing a presidential decree.
The delay, the Ministry explained, was requested by political parties, especially the opposition. They wanted more time to prepare properly.
The Ministry had also extended the deadline for submitting candidacies. It moved...
Togo secured $38.9 million from the African Development Bank (AfDB) to boost its agro-industrial transformation. Lomé signed two financing deals in this framework on May 28 in Abidjan, Côte d’Ivoire. The funds include a $29 million grant from the Green Climate Fund and a $9.9 million loan from the AfDB.
The money will fund Special Agro-Industrial Transformation Zones (ZSTA),...
Mansoor Hamayun, co-founder of BBOXX, has joined Togo’s leadership team as an adviser to the President of the Council, Faure Gnassingbé. The Togolese Presidency announced Hamayun’s appointment on Friday, May 30, 2025, through an official press release.
Hamayun currently chairs Minexx, a company that builds sustainable and transparent supply chains for critical minerals. He brings deep...
Togo earned CFA122.8 billion from re-exporting petroleum products in 2023. The figure soared 64.6% compared to the previous year. The data, from BCEAO and INSEED, shows a sharp rise mainly through Togo’s port.
Gas oil re-exports exploded from CFA3.6 billion in 2022 to 54.4 billion in 2023—a staggering 1,400% jump.
Meanwhile, bitumen and motor oils dropped significantly. Jet fuel, once the...
Egypt will take center stage as the guest of honour at the 4th Aného International History Festival (FIHA), set for November 20-23, 2025. The festival’s organizing committee, led by Alexis Aquereburu, mayor of the Lacs 1 commune, made the announcement last Saturday in Aného.
Egypt, known as the land of the Pharaohs, will send a large delegation to showcase its rich culture, history, and...
Togo conducted a comprehensive review of its national strategy for implementing the African Continental Free Trade Area (AfCFTA) agreement. Launched in 2019, the strategy ran through to 2024.
The technical committee overseeing the AfCFTA strategy met from May 28 to 30 in Kpalimé to evaluate the document. Their goal was to assess the full implementation of the five-year action plan and prepare...
Togo sent a delegation of Ministry of Commerce officials and private sector leaders to Beijing last week. They attend an international seminar hosted by the Academy for International Business Officials (AIBO).
The group studied 0China’s cross-border e-commerce success, aiming to strengthen Togo’s digital economy.
Kokou Ananze Oganto, who led the delegation, said: “We must build an...
The government of Togo announced plans to raise CFA20 billion (approximately $34 million) through the issuance of short-term Treasury bills on the West African Economic and Monetary Union (UMOA) public securities market. The auction is scheduled for May 5, 2025.
The Treasury bills, known locally as fungible treasury bills (BATS), will mature in 182 days and carry a nominal value of CFA1...
The United Nations System (UNS) will assist Togo’s parliament in going digital. On May 30, 2025, Kodjo Adédzé, President of the National Assembly, met with Coumba Sow, the UNS Resident Coordinator in Togo, to discuss the plan.
Adédzé and Sow focused on digitizing parliamentary procedures to boost the Assembly’s performance and transparency. The process aims to streamline internal...
Togo kicked off the second edition of its National Week for Micro, Small, and Medium Enterprises (SN-TPME) on Tuesday, May 27, 2025. The event, running until June 5, stretches across several cities and focuses on the theme: “Development and Competitiveness of Togolese TPMEs: Building Solutions for Sustainable Growth.”
Government officials and entrepreneurs gathered to tackle the big issues...