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On March 10t, the World Trade Organization (WTO) launched a project to support eight African countries, including Togo, in the operationalization of the African Continental Free Trade Area (AfCFTA).
Backed by the Enhanced Integrated Framework (EIF), the United Nations Economic Commission for Africa (UNECA), and the International Islamic Trade Finance Corporation (ITFC), the project...
In an interview with We Are Tech Africa, a media outlet specializing in Tech in Africa, Emmanuel Cheriet, General Manager of Orange Cyberdefense for the Maghreb and West Africa, stressed the need for the continent to integrate the cybersecurity by design approach into the development of connectivity networks.
Cyberdefense specialist Emmanuel Cheriet believes that States and companies in Africa...
Africa’s first cybersecurity summit will be held in Lomé this week, on March 23 and 24. Announced months ago, the summit was postponed because of the pandemic.
Co-organized by the Togolese Republic and the UN Economic Commission for Africa (UNECA), the event will gather several African officials, and private actors operating in the IT security sector. They will discuss many...
Togo's National Food Security Agency (ANSAT) launched last weekend a grain purchase operation from producers in various localities. The purchase, we learn, will allow the agency to boost the existing food security stock and respond more effectively to populations’ needs.
For the first phase of the operation, the agency headed by Ouro-Koura Agadazi was in the Plateaux region where it bought 15t...
Last Friday, Togo completed its fifth issue on the Umoa-securities market this year: it raised CFA30 billion. For the operation, Lomé issued fungible treasury bonds with a nominal value of 10,000 FCFA, a maturity period of five years, and a fixed interest rate of 5.6% per annum.
According to the report released by the Umoa-securities agency, more than 100 billion FCFA were...
On March 17, 2022, Togolese deputies unanimously passed two laws aimed at making the county’s maritime space safer and more protected. The laws, on the one hand, greenlit Togo’s adhesion to the International Convention on the Removal of Wrecks, and on the other, the ratification of the 1988 Protocol regarding the 1966 International Convention on load-lines.
In detail, the first convention...
Today, Togo has inaugurated Google’s first African station of its new Equiano submarine cable. The inauguration ceremony took place at the Port of Lomé and was attended by many officials, including President Faure Gnassingbé himself.
“With this new submarine cable, we will be able to meet the needs of the government's roadmap for bolstering the international connection to the global...
The government of Togo plans to expand the scope of intervention of the National Fund for Inclusive Finance (FNFI). To this end, on 16 March 2022, the Council of Ministers examined and validated a draft decree on the powers, structure, and operations of the Fund.
According to Lomé, the goal is to redefine the functioning of the Fund and to determine its modalities. Ultimately, the...
Yentaguime Nadjagou won the second edition of the WAEMU’s Tremplin Startup Awards. The Togolese startupper who founded Energieaux received his prize money, CFA14 million, on March 17, 2022.
Nadjagou won first place with his startup initiative. Launched in 2019, the business built and integrated into solar panels a system that extends its battery life. According to the young...
The Togolese government wants to strengthen the framework for the use of the unique identification number (UIN) and promote the implementation of the social register of persons and households. A draft bill was adopted at the Council of Ministers on Wednesday, March 16, 2022, to amend Law No. 2020-009 of September 10, 2020, on the biometric identification of individuals in Togo. The text, which...
The second edition of the Togo Digital Awards (TDA), a competition that rewards digital actors in Togo, is on. The committee behind the event issued a statement announcing it on March 14, 2022.
The TDA aims to “highlight and valorize the work and originality of people and businesses that exploit their know-how and skills in the digital field on a daily basis” in Togo.
For this second...
President Faure Gnassingbé was on the site where rehabilitation works on the N°5 national road (Lomé-Kpalimé) are being carried out. The leader took stock of progress made on the project last Sunday, March 13.
Gnassingbé was with the President of the National Assembly, Yawa Tsegan, the Minister of Public Works, Zourehatou Kassah-Traoré, the Minister and Secretary-General of the Togolese...
The Togolese ministry of agriculture received 2,963 tons of white rice from Japan last weekend. Valued at 1.5 billion FCFA, this new food donation is part of the 2020 Kennedy Round Project.
According to Konlani Dindiogué, the cabinet director of the minister of agriculture, the rice provided will be sold at affordable prices. It will help improve food security and reduce Togo’s rice deficit,...
On February 10, 2022, the Council of French Investors in Africa (CIAN) released its latest barometer on the business climate. According to the rankings, Togo scored 3.4 points out of 5 in 2021, against 2.8 the year before.
With this score, the country still leads in West Africa, ahead of Benin (3.1) and Senegal (3.0). In Africa, it is only outpaced by Morocco and Mauritius, which...
Togo: the Ministry of financial inclusion warns of illegal collection of money by former DOSI agents
In Togo, some former agents of the DOSI, the Delegation in charge of organizing the informal sector, have been collecting money from its beneficiaries “despite the institution having ended such operations since 2018.” In a statement dated March 11, 2022, the ministry of financial inclusion warned those concerned against these agents.
“It was brought to our attention that some agents of the...
Analysts and investigators from WAEMU's National Financial Intelligence Processing Units (CENTIF) are currently gathered in Lomé for a capacity-building workshop. The meeting started on March 14 and will end next Friday.
Participants will be trained on ways to tackle money laundering and terrorism financing. This meeting comes three years after the States-General on anti-laundering and...