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Togo joined the Forum of Incident Response and Security Teams (FIRST) on May 20, 2022–a new membership the country owes to its national center for response to cybersecurity incidents (CERT.tg).
Also, the Togolese Ministry of the digital economy and digitalization said joining FIRST was made possible by the government’s efforts to make the country's cyberspace safer.
As a member of the...
From 6.2%, the African Development Bank (AfDB) scaled down its 2022 growth forecast for the Togolese economy to 5.8%. The drop, which the AfDB attributes to the Russia-Ukraine war, Covid-19, and climate change, was disclosed during the Bank’s latest general assembly held in Accra.
"For 2022, the economic outlook seemed favorable. However, the invasion of Ukraine by Russia could slow down...
In Togo, the second reforestation campaign will start on June 1, which coincides with the 46th edition of National Tree Day. The announcement was made on May 27, 2022, by Ministers Foli-Bazi Katari and Akodah Ayewouadan, respectively in charge of the environment and communication (and government spokesman), at a press conference.
This year, Togo aims to plant 21 million trees, against around 3...
For its latest recovery bond issue on the WAMU securities market, Togo retained CFA11 billion from a little over CFA36 billion. The operation closed last Friday, May 27.
According to the WAMU securities report, 10 investors subscribed to the issue. Compared to the initial target of CFA35 billion aimed by Togo, the amount subscribed translates to a coverage rate of 104%.
The bonds have a...
Togolese authorities are preparing to fight off monkeypox which is currently affecting some Western and African countries. They are taking measures though no case has been recorded yet in the country.
Preventive measures were presented to some infectious disease specialists, virologists, bacteriologists, and other medical staff gathered at the Regional Hospital Center (CHR-Lomé Commune)...
A project for sustainably managing waste and reducing organic pollutants in six WAEMU states, including Togo, was launched last Tuesday in Lomé. The regional project was launched in the presence of Kako Nubukpo, WAEMU Commissioner for Agriculture, Water Resources, and Environment.
Funded by the West African Development Bank (BOAD) through a Global Environment Facility (GEF), the project...
Kodjo Adedze, the Togolese minister of trade, met with wheat and vegetable oil sellers on May 24, 2022. On the occasion, he told them to immediately stop speculation on the prices of these products.
Adedze deplored the situation which started a few weeks ago and warned the sellers–wholesale and small retailers– against the practice, telling them to align with the prices set by the...
COFINA, a West African meso-finance company, has just secured nearly CFA40 billion from Development Partners International (DPI), a London-based investment firm focused on Africa.
According to the related statement relayed by Ecofin Agency earlier this week, DPI made the payment in exchange for a minority stake in COFINA. The firm said it would use the funds to boost its activities...
The World Health Organization (WHO) and the University of Lomé (UL) signed an MoU last Monday in Lomé, to enable more Togolese to get training and do research in public health. The document was signed in Lomé by the UL's chairman Dodzi Kokoroko and WHO's resident representative in Togo, Fatoumata Binta Tidiane.
In detail, the memorandum sets the practical modalities of WHO-Togo's technical...
Togo is the country with the cheapest and fastest fiber optic internet offers within the West African Economic and Monetary Union (WAEMU). ARCEP, Togo’s telecom regulator, disclosed the information on May 23, 2022.
The regulator explained that Togo owes its performance to a price overhaul recently carried out by Canalbox (Vivendi Africa Group, GVA).
GVA replaced its 10 Mbps...
As the world keeps dealing with wheat supply issues spurred by the war in Ukraine, the Togolese authorities encourage the transformation of local tubers and cereals into bread. Yesterday, May 23, the country’s Prime Minister, Victoire Dogbé, visited some companies based in Lomé that make and use local flour. She was with the minister of trade, Kodjo Adedze, and the minister of grassroots...
From now on, Gozem taxi-bike riders can pay for fuel at any TotalEnergies gas station via their Gozem Champion wallet.
The two companies inked an agreement to this end on May 23, 2022.
"This partnership will, first of all, allow Gozem drivers to better maintain their vehicles with good quality TotalEnergies gasoline," said the Lomé-based start-up. "Secondly, they will be able to...
During the 2021-2022 cotton season, Togo had an output of 50,000 t, against 130,000 t expected. This is about 25% lower than the 66,000 t recorded in 2020-2021, according to the sector’s actors.
This year, 74,000 ha of arable lands were used, instead of the 193,000 ha announced when the season began.
The sector’s regulator, Nouvelle Société Cotonnière du Togo (NSCT), said there was...
M Auto Electric Mobility, an electric car maker based in the Adétikopé industrial zone, has officially launched two brands of electric bikes on May 22, 2022. The bikes were presented to the media during a press meeting held at the 2 février hotel.
There is the Chap Chap model which costs CFA900,000 and the Commando model which costs CFA1,179,000.
“Pay as you go” and Mobile...
During an audience, last Thursday, International Business Bank Togo’s MD, Tahari Nabil, told Togo’s PM, Victoire Tomegah-Dogbé, that the lender would align its projects with the government’s priorities under its 2020-2025 roadmap.
"Our priorities are first to improve the whole digitalization process and, of course, our financing strategy and, at the same time, to assist the government in...
Next Friday, May 27th, Togo will seek CFA35 billion on the UMOA-securities market. The country’s treasury will, to this end, issue recovery bonds with a nominal value of CFA10,000.
The bonds are set to mature over 180 months or 15 years, at an interest rate of 6.15% per annum.
This year, Lomé hopes to raise CFA550 on the regional market, in line with its 2022 finance law. So far, it...