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Following a bill adopted last January, it will soon be mandatory for Togolese officials and all public workers exposed to corruption and related offenses to declare their properties and assets.
According to the report of the ministers' council held on October 28, a draft organic law has been reviewed to set the content, organization, and functioning of the services of the Mediator of the...
After being shut down for 8 months, places of worship, churches, and mosques notably, have been allowed to fully resume activity all over the country except in Grand Lomé which covers the Golfe and Agoè-Niyvé prefectures. These prefectures are the primary centers of the pandemic in Togo.
The decision was taken on October 28, 2020, at a council of ministers. According to the meeting’s...
Adama Mawulé Kpodar is the new director of Togo's national administration school (ENA). The public law professor was appointed last Wednesday at a council of ministers.
Before his appointment, Prof. Kpodar was the vice president of the University of Kara.
Established in 1958, the ENA is a top-level institution that trains the public administration’s senior and middle...
Togo is studying the possibility of joining the Global Green Growth Institute. The project was discussed on Tuesday at the ministers’ council.
In effect, the government is reviewing a draft bill relative to the adhesion which should mark a greater commitment to sustainable development.
Based in Seoul, South Korea, the Global Green Growth Institute promotes low-carbon sustainable...
Last Tuesday, BBOXX-EDF and Canal + Togo launched together, a new TV offer for rural populations.
The offer, payable over 36 months, includes a Canal + Home Premium package (160 international, African TV and radio stations) and a BBOXX solar kit. According to Patrick Emungu, managing director of BBOXX-EDF Togo, “as long as a customer’s power subscription is active, he will enjoy Canal...
Congruent with its modernization efforts, the University of Lomé (UL) received last Tuesday a new IT and audiovisual equipment from the UN Development Program (UNDP). The tools, worth more than CFA52 billion, were provided under a partnership between the UN body and public universities.
For the UL which has been investing more in online training due to Covid-19 restrictions, the support...
Like many others, Oragroup’s finances took a hit from the pandemic. According to an activity report published by Abidjan’s stock exchange, the lender’s net result in Q3 2020 was almost halved (44%).
Quarterly profits stood at CFA5.093 billion at the end of September 2020, against CFA9.094 billion last year around the same time. The decrease is among others due to a surge in the...
New decent housing units will soon be built in the Golfe 3 Bè municipality, situated in Lomé, Togo’s capital. The municipality entered a partnership with the Togolese real estate federation (FTI) in this regard.
The partnership was sealed during a meeting between Mayor Kamal Adjayi and Dr. Alexandre de Souza, president of the FTI. The two discussed the details of the collaboration...
From CFA87 billion at the end of 2019, the total amount of loans granted by the National Fund for Inclusive Finance jumped to nearly CFA97 billion as of October 23, 2020. This represents a surge of 11.5% over the period.
The FNFI says it has met the financing needs of more than 1 million, 760 thousand people since it was launched, adding that beneficiaries, by meeting their commitments,...
Togo will not issue any more covid-19 bonds on the regional financial market before December 2020.
Indeed, the country will not take part in the third phase of the issues scheduled to take place between October 27 and November 1, unlike Ivory Coast (which will proceed to two issues), Senegal, Mali, Benin, and Niger.
No reason was given to explain the decision of Lomé in a context...
In the first half of 2020, the number of Moov users stood at 3.108 million. This is 500,000 users less than the telecom operator had last year over the same period.
The drop was reported in the half-year figures released by Moov Togo’s parent company and majority shareholder, Maroc Telecom.
During the past semester, Maroc Telecom paid the last tranche for the 4G license in Togo: 107...
After being on standby since 2015, the phosphate fertilizer plant project should resume. According to Mila Mawunyo Aziable, minister delegate to the President in charge of energy and mines, it is one of the priorities of the country’s new five-year roadmap.
It should be recalled that the Israeli group Elenilto had secured the permit to carry out this project and exploit carbonates...
Despite the major pressure the pandemic has put on the country’s economy and finances, Lomé’s provisional budget for 2021 slightly differs from this year’s.
In detail, the country expects budget revenues to stand at CFA842.9 billion next year, down 2.7% compared to 2020. In 2022 and 2023, the authorities expect a better mobilization of internal and external revenues.
To meet...
Last week, Togo raised over CFA94 billion for its first issuance on the regional financial market this quarter. The amount is substantial given that the country was initially seeking CFA25 billion.
The operation was a simultaneous issue of fungible treasury bonds, with a maturity of five years and seven years respectively. The bonds with a lower maturity garnered over CFA56 billion and...
In Togo, covid-19 cases are concentrated in the capital, Lomé, and outbreaks inside the country are under control. This was revealed during the latest update session of the entity managing the response to the pandemic, the CNGR.
According to Col. Djibril Mohaman who heads the CNGR, most new cases are in Lomé, and no surge in cases was recently recorded.
In detail, the most affected part...
With the Ecowas’ help, Togo will adopt a strategy to promote the use of cooking gas. This aligns with Ecowas' regional strategy to improve the regulation of cooking gas usage, cut its prices, and reinforce its distribution system, among others.
The regional body initiated under its 2020 budget the process for the selection of a consultant to elaborate the document.
In the...