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Companies that handle road construction and expansion works in Togo’s rural areas could soon get contracts faster. The related suggestion was made by the Minister of rural roads, Bouraima Kanfitine Tchédé-Issa, during the latest council of ministers.
“This sector faces great challenges in regards to the time taken to complete projects, notably because it is impossible to work during the...
Moroccan group Bank of Africa (BOA) will spend CFA40 billion to support the private sector in 15 ECOWAS States. The funds - a credit facility - will be provided to the ECOWAS Bank for Investment and Development (EBID) which is based in Lomé, Togo.
BOA and EBID signed the related partnership agreement last Wednesday in Lomé. The credit facility concerns the trade and industry...
On Thursday, the Togolese parliament adopted, unanimously, the 2021 amended finance bill which increased the State budget from CFA1,521 billion to CFA1,702 billion, up 11.9%. The amendment is attributable to economic conditions that were more favorable than the government had expected for this year.
"After budget analysis, it appears that despite the persistence of the coronavirus health crisis,...
During a meeting held this week, the ministry of trade, representatives of the African Development Bank (AfDB), and a group of Togolese businesswomen (Nana Benz) agreed on a few measures to take to improve women-led entrepreneurship in the country. These include ways to boost women’s access to financing, boost their capabilities for entrepreneurship, secure logistics, receive cash transfers,...
Togo will attempt to raise CFA50 billion on the regional money market, UMOA Securities, throughout this month. It will issue recovery bonds with a nominal value of CFA10,000.
The issue - the first this quarter, given that Lomé canceled those scheduled in October - is set to close on November 19. The securities issued will mature over 180 months (15 years), and they have an interest rate...
The Togolese minister for investment promotion, Rose Kayi Mivedor, is currently in Rwanda where she is meeting local officials and investment actors.
Midevor on Tuesday met with Béata Habyarimana, the Rwandan minister of trade and industry. The two officials talked about common interest topics.
The following day, the Togolese minister visited the Rwanda Development Board (RDB), which is...
In Togo, the security forces announced that one of their posts, near the border with Burkina Faso, suffered a terrorist attack during the night of November 9, 2021. The news, disclosed by the ministry of security, was relayed by Togo Breaking News, a local media.
"One of our posts was attacked in Kpendjal by bandits at our border with Burkina Faso. At the moment, we do not have the full...
Donaldson Sackey, former Togolese soccer player and CEO of Timeless Capital, has been nominated for the Africa Talents Awards which celebrates young African talents and personalities. The entrepreneur represents Togo in four categories.
These categories are Best Innovation (with his cryptocurrency, Timeless Capital Coin), Best Young Leader, Best Entrepreneur, and Best Diaspora Talent. The...
Togo produced 940,876 t of yam throughout the 2020-2021 agricultural campaign. The figure was disclosed by the office for agricultural statistics, IT, and documentation.
The data’s disclosure happens as studies are being carried out, by institutes such as the Togolese Institute for Agricultural Research (ITRA), to improve yam yield in the country.
"Average yields are below 10 t/ha, but...
Coris Bank International (CBI) will soon launch in Togo its e-currency, Coris Money, sources close to the group told Togo First.
The app, which is being tested in Burkina Faso, since 2018, will allow the Togolese people - with or without an account at CBI Togo - to withdraw and deposit cash, make local and international transfers and pay their bills.
Ahead of the app’s launch, the...
The Togolese ministry of economy and finance seeks an expert to coordinate the 2025 government roadmap, and adjust it to the African Union’s 2030 and 2063 objectives.
According to the related tender notice, the selected consultant will among others draw a schedule for all activities that fall under the roadmap’s coordination. They will also advise, support, monitor, and contribute to the...
To improve the nation’s cowpea output for the 2021-2022 season, the Togolese government has supplied new Striga-resistant varieties to farmers.
Provided by the Togolese Institute for Agricultural Research (ITRA), the newly-introduced varieties are the Nafi Sam and Wang-Kai varieties. With a cycle of 80 days, these varieties mature earlier than the old ones.
The Ministry of...
Two cholera cases were recently detected in the south of Togo, in the Lakes II municipality (Maritime Region). This was revealed in a press release issued by the Ministry of Health and Public Hygiene.
After reassuring the population that “appropriate measures have been quickly taken to contain the public health emergency,” the ministry recommended vigilance and adequate hygiene measures,...
A new checkpoint is being built in Kémérida (northern Togo), a town located in the Binah prefecture and bordering Benin. The project was launched last week by the Togolese Ministry of Security and Civil Protection.
The first stone was laid by Yark Damehane, who heads the ministry of security, in the presence of representatives of the German Embassy in Togo, and the International Office for...
The Togolese government announced that henceforth, all city councilors in the country will have health insurance financed by the State. The concerned officials will benefit from the measure in exchange for a financial contribution that matches their capacities, the Presidency’s official website noted.
According to the same source, NSIA Group won the tender to deploy the project. The...
Togo received 199,800 new doses of Astrazeneca vaccines from France last Saturday, Nov 6. The new provision brings the total number of vaccines that the country has received since it launched its vaccination campaign last March to 3.5 million doses. The information was disclosed by the Togolese health authorities.
In detail, Togo has received a total of 800,000 doses of Astrazeneca vaccines...