Search
Page : 141 - Results of 2241 to 2256 from 6145 Results
The World Bank may increase its financial support to Togo by a billion dollars. The institution’s new resident representative revealed the information last Thursday, September 22. According to the Togolese Presidency, this was during a meeting between the representative, Fily Sissoko, and President Faure Gnassingbé.
"With the significant efforts that Togo has made in recent years, we have a...
The West African Development Bank (BOAD) greenlit the disbursement of CFA200 billion for an emergency rapid impact program for its member countries. It did so on September 20, 2022, during a board meeting.
SONGTAAGBA 2022-2024 is the name of the program on which the funds will be spent (“Songtaaba” is a Moré word meaning “help in difficult times”). The program, according to the BOAD,...
The third edition of the “Mois du Consommer Local” (Consuming Local Month) will be held next month. The ministry of trade and local consumption announced this on Wednesday, September 21.
"Dear producers, promoters of local products, goods, and services, the 3rd edition of the Consuming Local Month promises to be filled with great opportunities for each of you. Together, let's continue the...
The construction of the U-Lab incubator of the University of Lomé (U.L) has effectively begun, three years after the project was announced. The foundation stone for the facility was laid on September 21, 2022.
The stone laying ceremony was attended by the minister of higher education, Ihou Wateba Majesté, U.L’s chancellor, Komla Dodzi Kokoroko, and the UNDP’s representative, Aliou...
The pilot of a program to accelerate the launch of the Single Market for Air Transport in Africa (SAATM) will launch on November 14, 2022. Fourteen countries, including Togo, will take part in this pilot phase.
The news was disclosed after a meeting between Togo’s minister of transport, Affoh Atcha-Dedji, and the Secretary of the African Civil Aviation Commission (AFCAC). The meeting took...
In Togo, two ministries just partnered to help some young local entrepreneurs advertise their services and products on State media. These ministries - the ministry for grassroots development and youth, and the ministry of communication - signed an agreement on this framework on September 20, 2022.
The young entrepreneurs concerned by the initiative are those supported by public mechanisms and...
Togolese and Beninese customs are now interconnected, through the SIGMAT module (Interconnected Management System of Goods in Transit). The connection ceremony took place on September 20, at the border post of Sanvee-Condji/Hilla-Condji, the southern border between the two nations.
Already operational in Côte d’Ivoire, Senegal, Burkina Faso, and Mali, the SIGMAT module allows sharing of...
After being in the pipeline for nearly three years, the climate resilience project for Togolese coastal communities (R4C-Togo) was launched Tuesday, September 20. The UN Food and Agriculture Organization (FAO) made the announcement the same day. The Global Environment Fund (GEF) backed the project with $8.9 million.
The fruit of an agreement between the Togolese government and FAO,...
A delegation of French businessmen is in Togo to explore opportunities the country has to offer. They met with the minister of investment promotion, Kayi Rose Mivedor-Sambiani, last Thursday, September 15.
According to the ministry for investment promotion, the French delegation is part of Business France, a body in charge of the international development of French companies and French...
The Togolese President, Faure Gnassingbé, announced last Friday (Sept 16) 10 new social measures to help his people better cope with inflation.
These include a 10% increase in the index value of salaries and retirement pensions for civilian and military civil servants, i.e. an annual amount of 22.5 billion CFA francs, and an additional 5% increase in the retirement pension for all...
India recently decided to limit its rice exports, and this poses new risks for Africa’s food security. On September 9, the Indian government imposed a 20% tariff on exports of white and brown rice and banned the sale of broken rice abroad.
This is bad news for Africa as it was already dealing with the impacts of the Russian-Ukrainian conflict on the prices of wheat, another major grain for...
Togo’s tuber output rose by about 11% over the past five years. From 1,950,000 t in 2015, it moved to 2,193,462 t last year. The ministry of agriculture recently disclosed the figures in a report titled “Bilan Campagne 2021-2022 & Perspectives 2022-2023”.
The document specifies that cassava was the most grown tuber in the country over the period reviewed. Togo produced 1,204,249 t of...
The Togolese ministry of energy and mines will monitor and check the network of the country’s power utility (CEET). This was disclosed last week during the government seminar that was held in Kpalimé.
Through the move, the ministry hopes to cut power losses by at least 2%; losses which the ministry blames on fraudulent use of electricity.
"Strong action will be taken in this direction in the...
In Togo, the French Development Agency (AFD) will disburse CFA32 million to two federations and six sports associations in Lomé. The beneficiaries will use the money to finance waste management projects unveiled last Wednesday. These projects were picked as part of the second edition of the call for projects launched by the Autonomous District of Greater Lomé (DAGL).
Out of the 32 million, the...
Togo's annual inflation rate was 6.9% in August 2022, the same as in July 2022. This is according to the latest data released by the National Institute of Statistics and Economic and Demographic Studies (INSEED).
The inflation rate stayed the same while goods’ prices, food excluded, rose by 1.8%, nationwide. A monthly decline of 2.1% from August 2021 is observed under the "Food and...
BOA Togo, the local subsidiary of the Bank of Africa Group, recorded, in 2021, its biggest net profit since it started operating in the country in October 2013. Togo First obtained the information from BOA’s annual financial reports.
During its first three years in Togo, BOA was in the red but since 2017 it started recording a positive net profit. Last year, the net profit soared by 194%...