Search
Page : 19 - Results of 289 to 304 from 6526 Results
• BCEAO launched the interoperable Instant Payments Platform (PI-PSI) on September 30, enabling 24/7 secure fund transfers across UEMOA countries.• In Togo, Coris Bank, Ecobank, and Orabank are the first operational banks, with others set to join later.• The platform, supported by the Gates Foundation and AfDB, aims to boost financial inclusion, reduce transaction costs, and strengthen...
The AfDB and Togo reviewed a CFA353 billion portfolio of 25 active projects, with a disbursement rate of only 37.25%.
The review identified delays in project starts, procurement bottlenecks, and weak follow-up as persistent challenges.
The AfDB pledged additional resources and new measures, including the PAP 2025 plan, to improve efficiency and quality.
The African Development Bank (AfDB)...
EBID approved $308 million in loans for projects in Guinea and Nigeria during its 93rd board session in Lomé.
President George Agyekum Donkor warned that U.S. export tariffs are fueling inflation across African economies.
Global monetary easing allows EBID to borrow on international markets at more competitive rates.
The ECOWAS Bank for Investment and Development (EBID) is adapting...
Togo and Benin approved three instruments for the Mono River Basin: a monitoring system, a coordination mechanism, and a Gender Strategy 2025-2030.
The Global Environment Facility (GEF) funds the $5 million IREE-Mono project over 48 months.
Officials warn that climate change, pollution, and land degradation threaten food security and productive capacity in the basin.
Authorities from...
An IMF team led by Hans Weisfeld began a review mission in Lomé on September 29 under Togo’s $403.4 million Extended Credit Facility (ECF).
The mission will assess growth, inflation, social indicators, and implementation of energy subsidy reforms.
The review could unlock a new disbursement, adding to $129 million already received since the program’s approval in March...
• UPRAD-Togo and GIFF signed a memorandum of understanding to strengthen cooperation and harmonize practices.• Bilateral trade between Togo and Ghana reached $448 million in 2023, with Togo’s exports growing 22.2% annually over five years.• Officials called for stronger legislative and regulatory frameworks to ease cross-border trade.
The Union des Professionnels Agréés en Douane...
• PMI Togo held its annual conference on Sept. 27, stressing governance, planning, and accountability to address high project failure rates.• PMI leaders urged adoption of modern tools, training, and AI-driven practices to build skilled human capital.• Togo’s PMI signed agreements with three universities to strengthen project management education and partnerships.
The Togo chapter of the...
• Togo launched its first National Tourism Week (Sept. 29–Oct. 3, 2025) to promote domestic tourism and cultural heritage.• The country recorded CFA49.9 billion in tourism revenues from WAEMU travelers in 2023, according to the BCEAO.• Authorities plan cultural circuits, discounted tours, hotel promotions, and nationwide consultations with industry players.
Togo launched its first...
Togo’s Foreign Minister Robert Dussey urged the UN to support the “Decolonize Geography” campaign, challenging the Mercator map projection that minimizes Africa’s size.
Dussey called for reparative justice, including recognition of slavery, colonization and the transatlantic slave trade as genocide against African peoples.
He highlighted Togo’s domestic reforms and 7%...
CJET and CNP-Togo signed a five-year renewable agreement to support young enterprises with market access, mentorship and financing.
The deal includes plans for a joint quality label to boost visibility and competitiveness.
CNP-Togo commits to lobbying for youth enterprises with policymakers and private sector leaders.
The Confederation of Junior Enterprises of Togo (CJET)...
Togo raised CFA102.77 billion ($156 million) in two bond issues now set for listing on the BRVM on Oct. 3.
The bonds carry coupons of 6.45% (five years) and 6.60% (seven years), both priced at CFA10,000 par value.
The move is part of a diversification strategy as public debt rose to 72.1% of GDP in 2024.
The West African regional stock exchange BRVM will list two Togolese...
Oragroup swung to a record net profit of CFA18.3 billion ($28 million) in H1 2025, after a CFAF 13.9 billion loss in 2024.
Results were driven by higher revenues, lower cost-to-income ratio, and reduced credit risk charges.
Deposits topped CFA3,000 billion, but loan growth slowed, raising concerns for SME financing.
Oragroup SA, the Lomé-based pan-African banking group,...
CNSS is running a special campaign until Oct. 15, 2025, to update data and issue universal health insurance (AMU) cards.
The operation targets retirees and beneficiaries who worked in other West African countries but collect pensions via CNSS-Togo.
A three-month waiting period will follow, with benefits effective from Jan. 1, 2026.
Togo’s Social Security Fund (CNSS) said it...
Togo exported 4,400 tons of coffee and 24,000 tons of cocoa in 2024-2025, up from 2,618 tons and 11,182 tons the previous season.
The growth follows the adoption of coffee-cocoa development plans aimed at improving productivity, quality, processing, and marketing.
Both sectors have rebounded steadily since 2021, when exports dropped sharply due to market and production...
Highlights
Five tricycles handed over to young agricultural entrepreneurs to ease transport of produce.
Equipment reduces costs and helps increase financial capacity for small-scale producers.
Initiative is part of SEA Foundation’s broader program supporting youth in agribusiness, with UNDP as a partner.
Under one of its agribusiness incubation programs, the Sheyi Emmanuel Adebayor...
Highlights
Togo Postal Service receives 2024 Best Customer Service Award for EMS at the 28th UPU Congress in Dubai.
Award recognizes reliability and efficiency in international mail delivery.
Recognition highlights Togo among top African postal operators and supports future expansion into financial services.
At the 28th Universal Postal Union (UPU) Congress in Dubai, Togo was honored for...