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The International Finance Corporation (IFC) provided Zener, a Togolese liquefied petroleum gas company, a €16.2 million in financing to expand its terminal at the port of Lomé, among others.
"The €16.2 million facility structured by IFC for Zener, whose operations cover the entire liquefied petroleum gas (LPG) sector in Togo, includes an €8.1 million loan from IFC on...
A week ago, on August 2, Sandra Ablamba Johnson, Minister, Secretary General of the Presidency of Togo, and Elizabeth Fitzsimmons, U.S. Ambassador to Togo, met. On this occasion, the two women talked about issues related to the implementation of reforms falling under the Millennium Challenge Corporation (MCC) Threshold Program.
The US diplomat praised Togo for what it had achieved by...
Cimtogo, a cement company, has upped its delivery costs from its plants in Lomé and Kara to distribution points. The measure became effective on August 1, 2022.
The company attributed the decision to the “recent measures that led to the increase of oil products in the country.” Its commercial directorate added that the price increase will “help ensure the continuity of carriers’...
Lomé, the Togolese capital, will host the 72nd session of the World Health Organization's (WHO) African Regional Committee from 22 to 26 August.
This was revealed by the Minister of Health, Public Hygiene, and Universal Access to Health Care, during the Council of Ministers held on August 3, 2022.
"This choice attests to the efforts and progress made by our country, under the leadership...
The Togolese government has set up a committee to regulate its Universal Health Insurance (AMU) scheme. This was disclosed during the council of ministers held on August 3, 2022.
The committee, according to the council, will provide the necessary guidance, ensure financial balance, and help make the insurance system sustainable. It should also “strengthen the governance framework of this...
Lomé, the Togolese capital, will host the second edition of the Africa Financial Industry Summit (AFIS) on November 28 and 29, 2022. This edition will take place physically, unlike the first one which was held online. The AFIS is organized by IFC and Jeune Afrique Media Group.
During the event, conferences, workshops, and roundtables will be held, enabling African industry leaders...
With a deforestation rate of 0.42% per annum between 1990 and 2015, Togo, under its government roadmap, plans to achieve a forest coverage of 25% by 2025. By 2030, the country wants to plant a billion trees.
"In 2020, the government took the initiative through the government roadmap 2025, to instruct the Ministry of Environment and Forest Resources, to ensure that in 2025 this forest...
As part of measures to support the population against the impact of crises on the cost of living, the Togolese government, via its ministry of trade, announced the reduction in toll fees for certain types of vehicles. The measure is effective today, July 28.
Vehicles concerned are commercial vehicles (buses and heavy trucks) used for transporting goods and people.
For example,...
Togo’s telecom regulator, ARCEP, issued a statement last Tuesday asking local mobile operators to enable their users to unsubscribe from advertising and commercial SMS.
The call was made after consumers complained about receiving these messages too often from their operators (Togocel and Moov Africa). These complaints were collected in a satisfaction survey that the ARCEP carried out...
From 2023 to 2025, the Togolese government plans to spend CFA167 billion on housing and collective equipment. This is written in its multi-year economic budget program.
In detail, Lomé should disburse around CFA50 billion next year, and respectively CFA52 billion and CFA64 billion in the following two years.
The monies should specifically finance a State project for building 20,000...
Lomé plans to pay CFA270 billion in wages to state agents by 2025. This is stated in its multi-year economic and budget document (DPBEP), obtained by Togo First.
In detail, these expenses are expected to grow from CFA253 billion this year to CFA263 billion the next, CFA268 billion in 2024, and CFA270 billion in 2025. This would represent a growth of 6% between 2022 and...
The Togolese government wants to adopt a textile and clothing policy covering the period 2022 to 2030. A decree was examined in this framework last Monday, during the council of ministers.
“Toward increasing its cotton processing capacity and being more attractive, our country has adopted an integrated policy for the textile and clothing industry that will focus on improving the...
A week ago, on July 21, Togo’s minister, secretary-general at the Presidency, Sandra Ablamba Johnson, took part in a political webinar on the Russia-Ukraine war’s impact on the prices of commodities and food products in Africa.
The webinar was organized by the United Nations Economic Commission for Africa (UNECA). It gathered the ministers of planning and finance of Togo, Rwanda,...
In Togo, the public transport sector will soon be restructured. This was announced on Jul 25, 2022, after the council of ministers held that day.
The project was presented by the minister of road, air, and rail transport, Affoh Atcha-Dedi. Specifically, it aims to update the regulatory framework of urban transport, which covers taxi-bikes, taxis, and tricycles.
The change, according to...
The two rehabilitation projects ongoing on the Avepozo-Aneho road should be completed next December. Their respective completion rates are 84% and 65%.
This was disclosed during a field visit by the minister of public works, Zouréhatou Tcha-Kondo Kassa-Traoré. The official was with a delegation from Togo’s technical and financial partners (EU, AfDB, BOAD).
"Overall, the quality...
Most Togolese citizens “agree” or “strongly agree” that the country needs more environmental regulation in its mining sector. This is one of the conclusions of a survey that Afrobaromètre carried out last March. The study covered 1,200 people.
Specifically, 86% of the surveyed shared this opinion; while 60% of them believe that the benefits exceed the costs, such as...