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While its shares in real property and other important projects are well known, the National Social Security Fund also has stakes in the banking sector. Among others, the institution headed by Ingrid Awadé has invested some of its massive surplus in Orabank and Oragroup, Ecobank, BIA, or African Lease (both the subsidiary and the group).
The National Social Security Fund (CNSS) does not only...
The Togolese government will provide, by June 2022, free surgeries to 2,000 people suffering from cataracts. According to the deputy minister for universal healthcare, Mamissilé Akla Agba-Assih, this will be done through the “Mana Messè” program which she officially launched yesterday.
With this campaign, the authorities hope to improve the coverage, access, and quality of cataract...
Togo lost nearly CFA11 billion in 2019-2021 due to fraudulent imports, data from the country’s tax authority (OTR) shows. The government and the private sector thus decided to take the matter into their hands during the 3rd session of the State-Private Sector consultation framework held in Lomé yesterday, Nov 4.
According to the Togolese authorities, fraudulent imports, smuggling, false...
Satisfied with the results of the peer educators it recruited and dispatched in 2019, Togo’s tax authority (OTR) has decided to get more. From 274, the number of educators will increase to 600 this year. A training workshop was recently launched to this end.
“We have recruited 326 new peer educators, making a total of 600 who will, over the 2021-2022 period, relay our laws, decisions, and...
In line with efforts to boost the consumption of local products, the Togolese ministry for trade and local consumption launched last Tuesday a meeting with several actors of the local production chain. The goal of the meeting is to improve cooperation among these actors.
Dedicated to the fishery and poultry sectors, the meeting aimed to raise the quality of goods produced locally and make...
The WAEMU commission ends its 7th annual review of reforms, policies, programs, and community projects implemented in Togo, and how they align with the Union’s prescriptions. The meeting started last Wednesday.
“Over the past three years, our country distinguished itself as one of the WAEMU States that made a major leap, with an average rate for the implementation of community reforms rising...
A fire broke out in the port area today, November 4. According to initial information that Togo First gathered from residents, the fire started at the foam and mattress manufacturing plant, near the refinery, not far from the Lomé Port Authority.
"Emergency measures have been deployed to control the fire and minimize material damage. We extend all our solidarity to the management and staff...
The Development Bank of Mali (Banque de Développement du Mali - BDM) has opened its doors today, Nov 4. The news was disclosed by the lender’s management.
The Malian lender, which is headed in Togo by Souleymane Keita, will carry out all sorts of “financial transactions, commercial, industrial and securities.”
BDM-Togo is registered at the Centre for Business Formalities (CFE). Its...
Coris Bank international Togo (CBI-Togo) will invest CFA20 billion to finance Soybean processing at the Adétikopé Industrial Platform (PIA). The related agreement was inked by Anurag Sinha, VP, Agricultural Supply Chain at ARISE IIP, the company that manages the PIA, and Alassane Kaboré, MD, Coris Bank International Togo.
The PIA will use the funds to get soybeans from farmers and aggregators...
On the sidelines of the COP26 climate conference in Glasgow, Scotland, Togo's Head of State, Faure Gnassingbé, carried out several activities.
The Togolese leader took part in the "Action on Forests and Land Use" meeting and the launch of the Global Methane Pledge initiated by the US and the EU.
Gnassingbé also attended the inaugural ceremony of the International Renewable Energy Agency...
It is now mandatory for anyone accessing administrative buildings, all over the Togolese territory, to present a Covid health pass. The constitutional court of Togo recently approved the extension of the measure which formerly applied only to the Golfe and Agoè-nyivé prefectures.
Article 1 of the ordinance states that "access to any administrative building throughout the national...
The ECOWAS is developing a new climate strategy, specifically designed to improve its coordination of climate action in West Africa.
“Because coordinated regional action has more impact than the addition of national policies alone, ECOWAS has been working throughout 2021 to develop a Regional Climate Strategy,” reads a press release issued by the institution on November 1. “This strategy...
In Togo, the government gave 46 pick-ups to the ministry of primary and secondary education last Friday. The rolling stock, worth CFA800 million, aims to reinforce the operational and management capacities of this ministry.
The provision ceremony took place at the Scientific High School of Lomé. It was presided by the minister of education, Dodzi Kokoroko, in the presence of other official and...
ProDeGol: 10 Togolese municipalities get brand new administrative facilities from the EU and Germany
The EU delegation, in Togo, and the German embassy offered administrative buildings to 10 of the country’s municipalities. The symbolic ceremony for the buildings’ reception took place in Sotouboua (a town located 280 km from Lomé) last week’s ending.
The EU and Germany injected €2 million (around CFA1.3 billion) in the facilities, via the ProDeGol - a decentralization and...
Togo is unlikely to face a shortage of Covid vaccines soon. The news was disclosed by the country’s minister of health, Moustafa Mijiyawa, while he was getting a new batch of Johnson & Johnson vaccines.
Indeed, on Monday, November 1st, Togo received 475,200 doses of the American vaccine. This batch is part of a stock of four million Togo asked for via the African Union’s AVAT...
The President of Togo, Faure Gnassingbé, arrived yesterday in Glasgow for the launch of the COP26 climate summit.
The West African leader, according to the Togolese Presidency, believes the meeting will allow him to renew his commitment and that of his country regarding climate; the COP26 aims at consolidating commitments made under the Paris Agreement in 2015.
"Committed to the reduction...