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In Togo, the international fair of housing and real estate of Lomé, Fest’Immo, officially kicked off today, May 12. Hosted at the Centre Togolais des Expositions et Foires (CETEF, dit "Togo 2000"), it will close on May 14.
Après une interruption suite à la crise sanitaire liée à la COVID-19, le Fest’Immo fait son come-back avec sa 6e édition.?Soyez prêt, quelque chose se...
The Togolese Prime Minister, Victoire Tomégah-Dogbé, received a delegation from the organization committee of the Festival de la Marmite (FESMA) last Tuesday, May 9. Their mission was to show her the results of the second edition of the food fair which was recently held in Lomé, the capital.
The theme picked for the fair this year was "Cooking and SDGs: Rethinking Food Culture, Sharing,...
The French Development Agency (AFD) wants to support Togolese SMEs more, through the French Choose Africa 2 initiative. To this end, the Agency could set up an entity that would solely support these local businesses. The AFD’s executive director in charge of partnerships and communication, Papa Amadou Sarr, and its Country Director, Zolika Bouabdallah, discussed the project with Prime Minister...
The African Union (AU) just awarded Togo a recognition certificate for its efforts and leadership in air safety and security in Africa, and the world. The document was delivered by Jamel Dridi, an expert in civil aviation and facilitation, on behalf of the African Civil Aviation Commission (AFCAC). This was on the sidelines of an inter-regional workshop on facilitation and border security, held...
The 4th edition of the BRVM Awards ends today. The event, which started yesterday, May 10, focused on the development of financial markets and integration issues. It gathered about 300 stakeholders from the regional financial institutions of the West African Economic and Monetary Union (WAEMU), particularly those involved in the regional stock market.
The opening ceremony of the Lomé event was...
A top-level Millennium Challenge Corporation (MCC) delegation is in Togo at the moment. The team, led by James Gerard, Executive Director of the Threshold Programs, took part, on May 8, in a review meeting for Threshold in the country.
The delegation, according to the OMCA, which is the MCA’s local agency, came to analyze with key stakeholders, synchronization bridges between the...
President Faure Gnassingbé of Togo and President Emmanuel Macron of France met at the Elysée yesterday, May 10. It was the second official visit of the African leader to France in two years.
The two men talked mainly about peace and security issues, at the global and regional levels. They also discussed bilateral cooperation between their two countries.
Le chef de l'État, SEM...
Togo will ratify the statute of the African Mining Development Center (AMDC), an institution created seven years ago in Addis Ababa. The country’s parliament gave its approval on May 9, during a plenary session attended by Mawunyo Mila Aziable, Minister Delegate to the President of the Republic in charge of energy and mines.
Ratifying the statutes will enable Togo to get support for...
Lomé is hosting the 33rd extraordinary session of the Interparliamentary Committee of the West African Economic and Monetary Union (CIP-UEMOA). Started on May 8, the meeting gathers deputies from all eight Member States and ends on May 12.
The deputies will discuss the Union’s Program Budget reform and its Fiscal Transition strategy. According to Adam Efangal, president of CIP-UEMOA,...
Togo’s parliament approved, on May 8, the ratification (by Togo, ed. note) of the African Medicines Agency (AMA) Treaty. This should allow the country to better fight the use and distribution of fake drugs, and bolster its pharmaceutical industry.
Fighting counterfeit drugs is one of Lomé’s main priorities. In 2020, after a summit on the issue, Togolese authorities, several African...
Last week, the Bank of Africa (BOA) and BKG Distribution, a group that sells agricultural equipment, formed a partnership in Togo to provide support to local farmers.
Under the deal, BOA Togo will provide individual farmers or groups of farmers a lease to finance their activities. Meanwhile, the BKG Distribution group, newly established in Lomé, will provide them with agricultural equipment...
A World Bank delegation, present in Lomé, Togo, since May 2, 2023, finished, on May 8, evaluating the implementation of the Food System Resilience Program (FSRP) in the country.
The delegation reviewed, with Togolese actors, suggestions made during the first support mission and assessed work done under the 2023 annual budget as well as work plans for the Program. The various parties also...
The President of Togo, Faure Gnassingbé, and the President of France, Emmanuel Macron, are meeting today in Paris. The Togolese leader was invited by his European counterpart.
According to the Togolese Presidency, the two men will mainly talk about cooperation between their countries, and regional issues, especially relative to security and peace.
"The dinner scheduled at the...
During its 135th board meeting on May 8, the West African Development Bank (BOAD) announced its plan to invest CFA5.13 billion in a mall project in Lomé, Togo.
"The project will contribute to making Togo a premier business center by setting up a commercial platform of international standing," the Bank noted. The project is carried out by the Duval Group, a French real estate company.
In...
This could strongly impact regional financial markets and mirrors a global trend of monetary tightening by Central Banks.
The Central Bank of West African States (BCEAO) might increase its key interest rates at the upcoming monetary policy meeting, scheduled for June 2023, according to information from Agence Ecofin. This would be the fifth consecutive time within a year that the Bank will...
In Togo, the Autonomous Road Maintenance Financing Company (SAFER) raised CFA30.46 billion for the 2022 fiscal year from its maintenance activities. This is about 2 billion less than its target for the period–CFA32.84 billion.
The government disclosed the figure on May 8, 2023, during its latest council of ministers. The Minister of Public Works, Zourehatou Kassah-Traoré, on the occasion,...