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The West African Development Bank (BOAD) has disbursed CFA20 billion in loans for the Industrial Platform Adétikopé (PIA). The BOAD announced that its president, Serge Ekue, and PIA’s president, Jesse Ian Damsky, signed the related loan agreement last week. However, the loan was approved in May 2021, during the 123rd board meeting of the BOAD.
The BOAD’s decision to back the industrial...
In an interview with Oxford Business Group, the Togolese Minister for Investment Promotion Rose Kayi Mivedor affirmed that Togo’s economy keeps growing despite the lingering pandemic.
“The GDP of Togo grew by 1.8%. But this is still very low compared to an annual growth rate of over 5% recorded in the past five years.” Over the same period, Mivedor added, many other countries recorded...
Togo will get $10 million, in the form of loans, from the OPEC Fund for International Development to finance its agricultural integration under the Regional Program for the Integration of Agricultural Markets (PRIMA).
“The Program’s objective is to strengthen the agriculture and trade sectors to sustainably increase the income and food security of rural households,” the Fund wrote in...
The Togolese Minister of investment promotion, Rose Mivedor, participated in the World Investment Forum held last Friday. The virtual event was organized by the United Nations Conference on Trade and Development (UNCTAD) and focused on the contribution of foreign direct investments (FDI) to the world’s economic recovery. On this occasion, Mivedor praised her country as a model in terms of...
The 13 banks active in Togo seem to be coping well against the Covid-19 pandemic which has spurred uncertainty in the country’s banking industry - an industry that was already facing many challenges.
Last year, these intermediaries lent a little over CFA615 billion to economic actors, pushing outstanding debt around CFA1,428, or somewhere above. This amount is 7% less than the amount loaned in...
Initially set to take place in Lomé on October 25-26, the International Cyber Security Summit has been postponed. This was disclosed in a press release issued by the event’s organizing committee.
While the new date is yet to be known, the release reads: “The Togolese Republic and the United Nations Economic Commission for Africa (ECA), organizers of the event, reaffirm their commitment to...
Kodjo Adédzé, Togo’s minister of commerce, is heading the delegation sent to the 3rd Turkey-Africa Economic Forum in Istanbul. At the event, he presented the various investment opportunities Togo has to offer Turkish investors.
The Togolese minister, during a meeting with the top brass of Istanbul’s Chamber of Commerce and the Turkish minister of commerce, referred to Togo as “the...
From Burkina Faso, the Togolese delegation from the Tax Revenue Authority (OTR) moved to Bamako, Mali. According to a tweet by the OTR, the delegation went to present tax incentives on goods that transit between Mali and Togo.
The initiative was part of an open house at the Port of Lomé. Held on October 19, the event was themed: “Revitalizing business relations between Malian partners...
It will soon be possible in Togo for Togocel and Moov users to switch networks without changing numbers. The initiative, aimed at increasing portability, is pushed by the country’s telecom regulator - ARCEP.
“The regulatory authority has launched a public consultation which aims to explain to people the advantages of mobile number portability and conditions for its implementation in...
Fish importers whose sanitary certifications expired must renew them by November 20, 2021, latest. The warning comes from a statement recently issued by the Togolese Ministry of maritime economy.
Concerned companies are those with expired certificates that cover the period between 2015 to 2018.
The ministry’s warning aligns with the law regulating fishing and sales of sea products in...
Victoire Tomégah-Dogbé, Togo’s PM, has been in Gabon since last Wednesday, on an official visit. Upon arrival, Toméga-Dogbé met with her Gabonese counterpart, Rose Christiane Ossouka Raponda, and they discussed ways to boost cooperation between the two countries.
In detail, the two Prime Ministers talked about common-interest issues and emphasized the need for their respective countries to...
The Togolese Prime Minister, Victoire Tomégah-Dogbé, met yesterday with Gabon’s President, Ali Bongo Ondimba. They talked about development topics concerning their two countries.
Some of the topics covered include agricultural development, digital transformation, women's promotion, and gender equity. They also reviewed the Transformation Acceleration Plan (PAT) and investment policies...
A Togolese delegation led by the minister of trade and industry, Kodjo Adedze, is currently in Istanbul, Turkey, for the 3rd Turkey-Africa Business and Economic Forum. The event which started today ends tomorrow, according to the ministry of trade which disclosed the information.
Adedze went to promote Togo’s private sector. He is accompanied by some representatives of that sector, such...
Lomé will host an international summit on cybersecurity on October 25 and 26, 2021. The forum is co-organized by Togo and the United Nations Economic Commission for Africa (ECA) and should be attended by Heads of State, top private sector actors, and leaders of the African civil society.
During the meeting, participants will explore and assess the state of cybersecurity in Africa based on five...
Today and Tomorrow (Oct. 21 and 22), Lomé will host the World Summit for Girls. This is the first time the event is being held in Africa. Its organization is steered by Plan International Togo.
The summit, which will be mainly online, aims at creating a multicultural, intergenerational, and citizen space for all girls worldwide. It will be a place where girls can interact, improve and decide...
President Recep Erdogan from Turkey was in Lomé yesterday, Oct. 19. Visiting Togo for the first time, the leader met with Togo’s President, Faure Gnassingbé.
During Erdogan’s stay, several cooperation agreements were signed between the two countries. Explaining the Turks’ motivation, Anadolu Agency said Ankara is attracted by “the economic growth Togo has been recording in the...