Search
Page : 177 - Results of 2817 to 2832 from 6526 Results
The Togolese Fintech Semoa launched an event ticketing solution last week via its YEM and WhatsApp Dédé platforms. It was used for the first time last Friday for the Togo-Eswatini match.
The new solution lets fans buy tickets using Tmoney, Visa, and Master Card. “These CashPay services offer autonomy to organizers of cultural events, conferences, training, and others, in the management...
Forty tons of corn were seized by the Togolese Ministry of trade last Wednesday night. The seizure aligns with the government’s efforts to fight the high cost of living in Togo and secure stocks of necessities.
"In June, the government issued a regulation for the export of necessities, including corn," said Kodjo Adedze, Minister of Trade, before noting the violation. "Here you have a truck of...
Togo will issue more recovery bonds on June 10, 2022, and it will try to raise CFA25 billion. The bonds will be issued on the regional money market, UMOA-securities.
With a nominal value of CFA10,000 and an interest rate of 5.3%, the bonds will mature over 36 months
So far into the year, Togo’s public treasury raised CFA236 billion from regional investors. That is more than half of its annual...
The international airport of Lomé (AIGE) recorded a 52% year-on-year surge in passenger traffic in 2021. According to the airport’s authorities, from 460,000 in 2020, the figure jumped to 960,000.
This level is closer to that recorded in 2019: 916,000 travelers. In 2020, the traffic collapsed due to Covid-19 and related protection measures taken by the Togolese government.
The rebound...
On Friday, May 20, 2022, the African Development Bank (AfDB) announced a $1.5 billion (about CFAF 920 billion) support plan for the African agricultural sector. The finance project would help African countries cope with the food crisis threatening the continent. The latter is presently deprived of more than 30 million tons of foodstuffs due to the war between Russia and Ukraine.
Under the...
Ethiopian Airlines launched today, June 1, a new connection to Washington via Lome.
The carrier will fly from Addis Ababa to the US capital, via Lomé, thrice a week.
“We are very pleased to launch a new passenger service connecting Lomé with Washington DC. The U.S. is one of our most important markets due to the presence of a large African community and the growing...
Canada will grant $20 million (about CFA12 billion) to four West African countries–Togo, Ghana, Liberia, and Gambia–to help them build the capacity of their national climate measurement, reporting, and verification (MRV) systems.
The announcement was made last week by the Canadian minister of environment and climate change, Steven Guilbeault, during an official visit to Ghana. On...
"The terminal managed by BAL [Bolloré Africa Logistics, editor’s note] will remain operationally independent, with its top management in Lomé, placed under the responsibility of its CEO in Puteaux [Bolloré headquarters, editor’s note], as is currently the case. The two entities will not face but complement each other." The statement was recently disclosed by Diego Aponte, President of MSC...
Togo wants to modernize its judicial system by adopting a new code of criminal procedure. A draft bill was adopted to this end on May 30, 2022, during the government’s latest Council of Ministers.
The bill, which contains 1047 articles, aims, according to the government, to modernize the Togolese criminal procedure and tackle “new” challenges like terrorism or maritime piracy. It will also...
Togo’s National Directorate of Public Procurement Management (DNCCP) is about to undergo restructuring. A draft decree, aimed at bolstering and extending the authority of this department to public-private partnerships (PPPs) procedures, was examined and adopted by the government during the Council of Ministers held last Monday, May 30, 2022.
“This decree, which is part of the recent reforms...
Yassir, a transport and delivery startup that allows its clients to book drivers via a mobile app, will soon spread its net to Benin, Togo, and Côte d’Ivoire. The Algiers-based company which is already present in France, Canada, and the Maghreb (Algeria, Tunisia, Morocco) and recently came to Senegal, will in the new markets compete against Gozem and the Russian Yango.
“It’s imminent, we...
Appointed on March 18, 2022, the new executive board of the Chamber of Commerce, Industry, and Handicrafts of Guinea (CCIAG) is working to strengthen its cooperation with the Chamber of Commerce and Industry of Togo (CCI-Togo). Last week, a delegation from CCIAG was in Lomé for this purpose. On the occasion, Nathalie Bitho, chairman of the CCI-Togo delegation, met with the Guinean...
Togolese PM lays the first stone of the country’s first biomass laboratory at the University of Lomé
Two years after initial steps were taken to launch the project, Togo started building its first biomass lab (LABTOGO) last week.
On Friday 27, 2022, Togolese Prime Minister Victoire Tomegah-Dogbé laid the first stone of the lab at the University of Lomé (UL). It was during a ceremony held to celebrate the 10-year anniversary of the West African Science Service Centre on Climate Change and...
In the past 15 years, the share of agriculture in Togo’s GDP shrank by over 12%. The African Development Bank (AfDB) believes the drop was driven by climate change.
In its latest economic outlook for the country, the pan-African institution notes that agriculture’s share in Togo’s GDP slumped from 37.3% in 2008 to 24.7%.
Regardless, chances for the country to achieve SDG 13...
Togo joined the Forum of Incident Response and Security Teams (FIRST) on May 20, 2022–a new membership the country owes to its national center for response to cybersecurity incidents (CERT.tg).
Also, the Togolese Ministry of the digital economy and digitalization said joining FIRST was made possible by the government’s efforts to make the country's cyberspace safer.
As a member of the...
From 6.2%, the African Development Bank (AfDB) scaled down its 2022 growth forecast for the Togolese economy to 5.8%. The drop, which the AfDB attributes to the Russia-Ukraine war, Covid-19, and climate change, was disclosed during the Bank’s latest general assembly held in Accra.
"For 2022, the economic outlook seemed favorable. However, the invasion of Ukraine by Russia could slow down...