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The Mono Basin Authority (ABM), an entity created by Benin and Togo to ensure the rational management of the Mono River, plans to adopt a new strategic plan for the 2022-2026 period.
The document will replace the 2016-2020 strategic plan which recently expired and whose impacts will soon be evaluated.
The ABM seeks a consultant to assess the previous strategy and elaborate the new one. The...
In Saudi Arabia since Monday, Togo’s Foreign Affairs Minister, Robert Dussey, recently met with the Saudi Minister of Investment, Khalid Al Falih. “I thank my dear elder Khalid Al-Falih, the Saudi Minister of Investment for his willingness to invest in Togo. In comparative terms, our country is very attractive,” the Togolese official wrote in a tweet posted on Tuesday. Dussey presented...
The WAEMU commission has recently launched, in partnership with its regional consular chamber (CCR-WAEMU) and national consular chambers of its member states, the second edition of the Tremplin Startup WAEMU contest. The five best startups will get respectively CFA14 million, CFA13 million, CFA12 million, CFA11 million, and CFA10 million to grow their activity.
A CFA5 million prize will...
The Togolese government signed with BBOXX, a British startup, a memorandum of understanding to boost access to smartphones in the country. The MoU, inked on Sept. 27, concerns a project called Togo Smartphone, which enables a flexible payment of smartphones.
Under the agreement, BBOXX will first proceed to a market study to find out people’s needs and preferences. The pilot phase will follow...
The Global Initiative Against Transnational Organized Crime released last week its Global Organized Crime Index. This study, developed over two years, evaluates levels of crime and resilience in all 193 UN member states.
The index evaluates countries according to their criminality on a score of 1 to 10, lowest to highest organized crime levels, based on their criminal markets score and...
Adiwale Partners, the private equity firm founded by Jean-Marc Savi and Visseho Gnassounou (both Togolese), made a final close of its first fund, Adiwale Fund I. The news was reported by Agence Ecofin.
The fund manager which is committed to financing SMEs in Francophone West Africa raised €60 million ($69.6 million), less than the €75 million it expected. According to the firm, its...
Registrations for the next Neofarming Africa contest have been open since last Thursday. The previous edition of the contest was won by a Togolese, Dodji Ognankitan.
Businesses that are active in the agriculture and agribusiness sectors and interested in developing innovations or have promising projects can submit, until November 20, their projects via the new platform dedicated to the...
UNDP Togo wishes to have a cooperation framework with the Togolese private sector. The ambition was expressed by the institution’s resident representative, Aliou Mamadou Dia, as he met with the head of the National Employers’ Council (CNP-Togo), Laurent Coami Tamegnon, last week.
The framework should serve as a platform to discuss issues the sector faces and recommend...
The World Bank approved last Wednesday the disbursement of CFA145 billion for the Lomé-Ouagadougou-Niamey corridor.
Half loan, half grant, the facility will allow Burkina Faso to develop the smart corridor project which it steers through the deployment of an integrated information system. The funds will also be used to build community infrastructures to boost the resilience of people...
Agence Togo Digital (ATD) is the name of the agency that the Togolese government will soon set up to coordinate all its digital projects. A draft bill for its creation, organization, and operation was examined and adopted last Wednesday, during the council of ministers.
The new agency will back the government in the implementation of its digital projects - projects that concern 75% of the 5-year...
Togo’s President, Faure Gnassingbé, met with Shelter Afrique’s CEO, Andrew Chimphondah, last Thursday. Just after the meeting, Chimphondah said the firm would send to Lomé a technical team for the effective launch of its social housing project in the capital.
The project falls under a public-private partnership inked by the State and Shelter Afrique last March.
“We talked about the...
Togo expects its real GDP to grow 6.1% as the economy recovers. The forecast, written in the 2022-2024 multi-year economic and budgetary planning document (DPBEP 2022-2024), was discussed on Sept. 30 by deputies during a budget orientation debate.
The projection beats the 4.8% growth expected for 2021, and last year’s estimated growth of 1.8% as the country was hard-hit by the Covid-19...
Anyone who wants to access Lomé’s airport must show a Covid vaccination pass or a negative PCR test dating back less than 72 hours, effective next week.
The announcement was made by Col. Dokissime Gnama Latta, Director of Société aéroportuaire de Lomé-Tokoin (SALT), in a note issued on September 29, 2021.
“Effective Monday, October 04, 2021, access to the terminal is contingent...
In Togo, the provision relating to the declaration of property and assets will apply first to members of the government. Prime Minister Victoire Tomégah-Dogbé, during the council of ministers held last Wednesday, urged ministers to get ready to comply with the procedure.
Togo is the third country in the WAEMU to have earned the most from privatizing its companies - $104 million or CFA58 billion (for 78 firms). According to Kapi Consult, which disclosed the information, Togo comes behind Côte d'Ivoire and Senegal.
The first two raised $423 million and $217 million by privatizing 82 and 75 companies, respectively. Right behind Togo is Mali,...
Energy Generation, an incubator based in Lome, is launching an entrepreneurship excellence program for women only. The Wenyonu program as it is called will teach Togolese women solar entrepreneurship to empower them.
In this framework, the incubator issued this month a call for registration to select 80 women across Togo’s five economic regions. Selected applicants will be trained as technical...