Search
Page : 192 - Results of 3057 to 3072 from 6021 Results
Levies will be deducted on revenues generated by sports and other bets and fixed winnings, and parafiscal taxes, to constitute the National Fund for the Development of Sports (FONADES).
This fund was established by a new law setting the rules of organization, development, and promotion of physical and sports activities in Togo. The latter will allow public and private sports actors to benefit...
The Minister Secretary-General of the Presidency of the Togolese Republic, Sandra Ablamba Johnson, launched on May 27, the national phase of the project to harmonize and improve statistics in West Africa (PHASAO).
The project, which covers seven (7) countries including Togo, will improve and modernize national statistics and increase the performance of the National Statistical System (NSS)...
Yesterday, May 27, a financing agreement worth €55 million (CFA36 billion) was signed to develop an agro-industrial project called Africa Europa Farm. The project aims to valorize the Mono Valley.
The signing by concerned parties “concretized their commitment to the effective implementation of the Africa Europa Farm project,” said the trade ministry.
The project, according to...
Due to the economic damage caused by Covid-19, Togo’s multilateral debt surged from CFA331 billion in 2019 to CFA478 billion at end-2020, a difference of 44% approximately.
This is in a context where Togo says it has reimbursed around CFA12 billion as principal, subsequent to the cancelation of the IMF debt. Moreover, fluctuations in exchange rates saved the country about CFA3 billion on its...
The government of Togo and Vergnet Hydro, a French company, signed a €1.1 million deal to set up sanitation facilities and boost access to drinking water.
The initiative is part of the Projet d’amélioration des conditions sanitaires en milieu scolaire et rural des régions de la Kara et des Savanes (PASSCO), a scheme that aims to improve sanitary conditions in rural areas and...
Banque Ouest Africaine de Développement (BOAD) will provide the integrated industrial platform of Adetikope (PIA) with a CFA20 billion financing.
The decision was taken during the 13rd board meeting of the Lomé-based bank. On that occasion, CFA95 billion worth of new commitments were approved.
The PIA is a project led by a joint venture with a capital of CFA17.6 billion. The...
In Togo, while cotton output in the 2020-2021 season was almost halved, production of cereals, tubercles and vegetables improved.
The country recorded a surplus this season, according to a report recently presented by the ministry of agriculture, husbandry, and rural development, Antoine Gbégbéni. The official pointed out that the coverage rates for the need in cereals, tubercles,...
Initially scheduled to be operational in January 2021, Adetikope’s Industrial Platform (PIA) will finally be inaugurated on June 6, ten months after the project was launched. The inauguration will be presided by President Faure Gnassingbé.
The project, which cost more than CFA130 billion, is one of the flagship projects of the government’s national development plan (PND). Spanning 400...
To boost connectivity and support its digital economy, the World Bank will provide Togo with additional financing of $11 million (about CFA6 billion). The Bretton Woods institution, on May 21, said it approved the facility via its specialized arm, the International Development Association (IDA).
The financing falls under the West Africa Regional Communications Infrastructure Program -...
Yesterday, May 25th, President Faure Gnassingbe took part in the 38th Session of NEPAD Heads of State and Government Orientation Committee. The meeting took place on the sidelines of Africa Day, which is celebrated on that date, by videoconference.
During the talks, the Togolese leader asked for a partnership to be established between AUDA-NEPAD, the African Continental Free Trade Area (AfCFTA),...
British citizens returning home from Togo need no longer be quarantined upon arrival. This was disclosed by the UK which ranked Togo as one of the countries with the lowest Covid-19 exposure rate.
These travelers will simply have to present their negative PCR test and self-isolate for 10 days. Meanwhile, UK travelers who return from high-risk countries will be quarantined for 10 days, in...
Last Thursday, the Togolese parliament voted a law to protect and valorize the coastline, in a context where it is endangered by natural and human factors.
The law, deputies said, aims to sustain environmental balance, slow erosion, preserve the integrity of some sites, as well as landscapes and marine heritage. It should also protect the coast against pollution and degradation, regardless...
On May 22, 2021, the Togolese Prime Minister, Victoire Tomégah-Dogbé, urged actors to coalesce their efforts to tackle money laundering and terrorist financing. This was during the 23rd meeting of the Ministerial Committee of the Intergovernmental Action Group against Money Laundering in Africa (GIABA).
According to the PM, money laundering is gaining momentum in West Africa, thus the...
Ousmane Sonko, leader of the Senegalese opposition party PASTEF, will not be in Lomé for the coming summit on the Eco. Due to a decision of the Senegalese justice, he will take part in the event via videoconference.
Sonko, who was released from prison on March 8th, under judicial supervision, was expected to attend the event alongside other major actors of the African economy. These...
To valorize its peanut sector, Togo adopted earlier this year, new, more productive varieties. A total of 13 varieties from the Mali-based International Crops Research Institute for the Semi-Arid Tropics (ICRISAT), and four from the Senegalese Institute for Agricultural Research (ISRA) were in effect introduced and tested in Togo.
These varieties’ seeds are certified and have a...
The International Finance Corporation (IFC) announced on May 18, 2021, the disbursement of $2 billion to support small businesses and boost trade in Africa. The support will, according to the World Bank’s arm, help African economies recover post-Covid.
In detail, a billion dollars will directly finance micro, small, and medium enterprises (MSMEs) and the other half will finance...