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Page : 193 - Results of 3073 to 3088 from 6021 Results

By March 2022, Togo should have a national strategy to fight corruption and relation offenses more efficiently. Last Friday, the elaboration of this document was started by Christian Trimua, Minister of Human Rights and Spokesperson of the government.  Three years ago, the Higher Authority for Prevention and Fight Against Corruption and Related Offenses (HAPLUCIA), an institution for which...
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24/05/2021
Moov Africa Togo is to pay a CFA593 million fine for "serious and lasting breaches of its obligation to provide its electronic communications networks and services on a permanent and continuous basis." According to the same source, the subsidiary of Maroc Telecoms was notified of the fine. It is the result of a sanction procedure opened in October 2020 by the telecom regulator, ARCEP. Indeed,...
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21/05/2021
Last Wednesday, May 19, PM Victoire Dogbé visited the water tower sites of Bè, Nyékonakpoè, and Adougba. The projects were started less than a year ago, under the Program to Support Vulnerable Populations (PAPV).  Once operational, the towers, with a total capacity of 4,000 m3 of water, should boost access to water in Lomé. Up till now supply to the capital is ensured by a plant in...
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21/05/2021
Remittances from the Togolese diaspora fell 4% in 2020, from about $458 million (CFA247 billion) in 2019 to $441 million (CFA238.3 billion). The data was disclosed by the foreign minister, Robert Dussey, at the commissioning of the Single diaspora desk last May 10th.  The decrease, which happened after a 1.55% increase in 2019, however, is better than the average in the region. In...
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21/05/2021
Togo is working on a plan to tackle illegal fishing in the country’s waters. The related strategic document is being validated in Lomé by actors of the sector gathered for a 2-day workshop started yesterday.  In detail, the actors are assessing challenges the sector needs to overcome, which include unauthorized fishing and fake registration of fishing boats.  “The national action...
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21/05/2021
As it has been facing severe outages for some weeks now, Ivory Coast will reduce its power supply to some countries in the West Africa region. The news was announced by the country’s minister of energy, Thomas Camara, on May 10. The countries concerned by the measure include Togo, Ghana, Benin, Burkina Faso, Mali, and Liberia, which import 11% of Côte d’Ivoire’s gross output. With the...
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21/05/2021
Yesterday, the cassava transformation factory of Nouvelle Société de Commercialisation des Produits Agroalimentaires (NSCPA), located in Kamina (5km east of Atakpamé and 161.5 km from Lomé), was inaugurated by Prime Minister Victoire Dogbé. Works to build the facility took less than a year.  The first of its kind in Togo, the plant should generate over 3,700 direct jobs in the cassava...
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21/05/2021
Climatic hazards, poor seed quality, and the Covid-19 pandemic. These are the reasons that could explain, according to the New Cotton Company of Togo (NSCT) and the national cotton growers organization, the sharp drop in the 2020-2021 campaign, now ending.  Meeting on May 18-19 in Sokodé, in the central region, major players in the sector announced that this year the sector underperformed,...
At the end of a meeting with Faure Gnassingbé, Togo’s President, last Tuesday in Paris, the Director-General of the International Finance Corporation, Makhtar Diop, announced two major investments for Togo.  The first concerns the construction of a solar plant and the other a submarine fiber optic cable project to improve internet access in the West African country. “For us, the goal...
Ecobank and the African Union Development Agency (AUDA-NEPAD) have raised $2 million (about CFA1 billion) for the 100,000 MSMSEs Finance program launched in June 2020.  According to the statement announcing the mobilization, “a total sum of $2.0 million will be extended in the form of working capital to beneficiaries who meet the set criteria across the eight countries in this...
Works to expand Cimtogo’s cement plant are almost done. The Managing Director of HeidelbergCement’s subsidiary, Eric Goulignac, announced on May 18, 2021, that the plant’s first output would be produced in June 2021.   The announcement was made during a visit by the minister of investment promotion, Kayi Midevor, and the minister of trade, Kodjo Adedze.  The plant, which...
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19/05/2021
After the aid to African countries summit in Paris, Togo’s President, Faure Gnassingbé, will head to Brussels to meet with eminent figures such as the President of the European Council. The information was disclosed by the Togolese Presidency.  “At the invitation of the President of the European Council, H.E. Charles Michel, the President of the Togolese Republic will then go to...
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18/05/2021
As he lauded the organization of the Africa Finance Summit, Togolese President Faure Gnassingbé acted as the flagbearer of the African private sector, which is underrepresented, at the event in Paris. “Sustainable financing of economies is an important issue and the issue of supporting the African private sector is even more important,” said Gnassingbé who put, since 2017, the improvement...
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18/05/2021
As part of its financing strategy to revive economies in the WAEMU post-covid, the ECOWAS Bank for Investment and Development (EBID) has raised about CFA50 billion on the WAEMU’s debt market.  The sum, part of a total of CFA240 billion, is to finance various projects in 7 of the WAEMU States. So far, 19 eligible projects were preselected. One of them is Togo’s Agricultural Development...
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18/05/2021
Moov Africa Togo will appear in a public hearing before the Telecommunication and Posts Regulatory Authority (ARCEP) this Tuesday 18 May 2021. The telecom operator will respond to a “failure to meet the obligation of permanence, continuity and availability of its services, in accordance with its specifications.” The case comes after service interruptions in several localities in Togo,...
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17/05/2021
In Togo, the National Harmonized Index of Consumer Prices (INHPC) stood at 109.7 in April 2021. This is an increase of 2.7% compared to March, according to data compiled by the National Institute of Statistics, Economic Studies, and Demography (Inseed).   The rise in inflation rate was mainly driven by higher prices of food products and non-alcoholic drinks- which grew 7.7% - and a...
 

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