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Last Wednesday, business experts, young entrepreneurs, and startups incubated by Nunya Lab gathered for the Mercredi Talk. The event had for a theme ICT opportunities for Togolese startups.
The Talks, the first edition this year and also the first since the pandemic broke out in the country, was hosted by Emefa Kpegba, MD E-Technopole, and Edeh Dona ETCHRI, founder of E-Agribusiness and...
Tomorrow, Feb 26, drilling works should begin under the sanitary conditions improvement project in the rural and school environment in the Kara and Savannah regions (PASSCO). VERGNET HYDRO, a French company, and ECM SARL, its Togolese partner, are in charge of carrying out the works.
The news was disclosed by the ministry for water and rural hydraulics which presented the project...
The CIZO solar electrification project will extend to the agricultural sector. Indeed, via its social support component, the program will purchase and set up 3,000 solar-powered irrigation pumps across the country.
According to reliable sources, the Togolese Agency for Rural Electrification and Renewable Energy (AT2R) launched to this end a tender to acquire and install 600 irrigation...
Othmane Bouhlal is Gozem’s new strategic advisor. The appointment announced on February 25 aligns with the uber-like firm’s ambition to become the leading digital startup in francophone Africa.
Welcoming Bouhlal to the team, Gregory Costamagna, co-founder of Gozem, said the main challenge for the Lomé-based startup is to “multiply by 100 the number of our customers in the next three...
Since it started operations in Togo in April 2019, Steel Cube Togo Sarl, which produces FE 500 iron rods, has exported over 20,000 tons of iron. This was revealed by Kumar Tiwari, MD of the company, after meeting with PM Victoire Tomegah Dogbe last week.
Also, the executive indicated that the SCT will expand its Kara factory and diversify its portfolio of activities.
“We...
The government of Togo decided to relaunch the Novissi cash transfer program in the Savannah region, especially for the people of Cinkassé, Kpendjal, Oti, Tandjouaré, and Tône.
These populations were subjected to restriction measures to prevent Covid-19 cases from rising in the region.
The scheme will be deployed in the next two weeks. It will enable men and women in the...
Online payment is now effective at the Société d’Exploitation du Guichet Unique pour le Commerce Extérieur (SEGUCE). This was reported last Tuesday to the PM Tomégah-Dogbé by SEGUCE's Director General, Olivier Lederer.
“We met the Prime Minister and submitted to her the annual report of the SEGUCE, discussed our achievements over the past years - especially those highly...
Despite the pandemic, Togo generated more tax income last year than it did in 2019.
Though Lomé scaled down its forecast for 2020, due to Covid-19 and its pressure on the economy, the Togolese Revenue Office (OTR) -in charge of collecting taxes- garnered CFA652 billion last year. This is 4.5% more than the amount collected the year before (CFA624 billion).
“We’ve managed to...
The Ministry of Urban Planning, Housing, and Land Reform is recruiting a team to control and supervise the development, sanitation, and asphalting works on streets in Lomé. The roads concerned span a total of 14.34 km.
In detail, the works will be carried out on Boulevard Mobutu, 1,739 mi long, and Rue Maria Auxiliadora, 2,668 mi long, in Akodessewa, a neighborhood located in the suburb area, 8...
Projecting to update the website of the Business Formalities Center (CFE), Togolese authorities will carry out a public survey to assess if the platform meets users’ needs. The government thus seeks a firm capable of shouldering the project, collecting users’ opinions and suggestions to improve the digital platform.
The mission of the hired firm will also include developing interfaces...
Following a massive $ 1.5 billion investment in Bitcoin by Elon Musk, CEO of Tesla, the price of this virtual currency recently surged above $50,000. This is a good time to introduce Donaldson Sackey, a Togolese international footballer, entrepreneur, stylist, and architect. Sackey, in his 30s, recently launched his cryptocurrency.
Why launch his cryptocurrency? What challenges...
Togo shows budget surplus results for fiscal years 2018 and 2019. This means its income exceeds its expenditures for those fiscal years.
Last Wednesday, at the Council of Ministers’ weekly meeting, the Togolese government confided that the good budget performances were attributable to regulations drafts (which assess, at each end of the fiscal year, the final amount of State expenditure and...
The latest bond issue of Togo on the WAEMU securities market was oversubscribed with investors raising CFA112.69 billion.
This was reported last Friday by the Umoa-Titres agency which arranged the operation. The latter, let’s recall, aimed at supporting Togo’s economy in its efforts to recover post-Covid.
The coverage rate for the issue was 563.48%. This is an astonishing...
The Caisse Regionale de Refinancement Hypothecaire (CRRH-UEMOA), based in Lome, becomes the third best-rated financial institution by Moody's in the West Africa Economic and Monetary Union (WAEMU). The other institutions are the West African Development Bank ( BOAD) and the African Development Bank (AfDB).
Indeed, Moody's Investors Service ("Moody's") assigned the following first-time ratings to...
The Togolese government has set up three new marine weather stations on three different sites (the Lome’s Port, Kpeme, and the customs office of Kodjoviakope). The facilities were inaugurated last week.
In addition to these three stations, there are two current meters (to measure the speed of water flow). This equipment, whose acquisition was made possible thanks to the support from the United...
Togo wants to better assess and certify its areas of mining potential. It announces, with the support of the World Bank, an airborne geophysical campaign that will also make it possible to provide the country with geoscientific data. In this regard, Mila Aziable, Minister Delegate for Energy and Mines, declared: “At the end of this campaign, Togo will be more attractive on the market.”
This...