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In Togo, now that the curfew is lifted, vehicles can restart circulating normally across the country. The decision was announced on June 9, 2020, after a meeting between the Togolese ministers of transport and security, Zourehatou Kassah-Traoré and Général Yark Damehane.
Still, authorities maintain safe measures to prevent the spread of the coronavirus. Among the latter is the need...
On June 8, 2020, Togo and France, via the French Development Agency (AFD), inked two financing agreements worth a total of €40.7 million.
According to the Togolese minister of finance, Sani Yaya, the agreements will “support the government’s strong initiatives relative to water and sanitization in Togo.”
In detail, the first which is for a €40 million (XOF26.2 billion)...
Until June 30, 2020, Togolese SMEs and SMIs can apply to the big contest launched by the country’s ministry of trade, in partnership with the International Federation of consular chambers for Africa (FICA). The contest aims at enabling innovative businesses to access new outlets across the globe.
Selected startups will attend the 2020 Annual Investment Meeting in Dubaï. Eligible firms...
Started in September 2018, talks between ACP countries (Africa-Caribbean-Pacific) and the European Union (EU) are entering their last phase.
Indeed the two parties commenced yesterday in Brussels, technical discussions ahead of negotiations which will take place next Friday. The Talks will focus on political issues, such as the right to sexuality, abolition of the death penalty, or the...
From 19,700 tons in 2018, exports of organic soybeans from Togo to the European Union (EU) were at 42,300 tons (+115%) in 2019, a recent report revealed.
This makes Togo the largest exporter of the crop to the Old continent, before China (28,200 t) and India (21,600 t). In Africa, Uganda was the next biggest exporter of organic soybeans to the EU in 2019 with 2,300 t shipped; it is the 7th...
In Togo, authorities lifted the curfew set at the beginning of April 2020 to contain the spread of the Coronavirus. This was announced yesterday, June 6.
Subsequently, the lockdown measure imposed on towns has been lifted as well. However, starting today, June 9, 2020, it is compulsory for every citizen to wear face masks (the measure applied only to health agents previously).
The...
Last Friday, Togo raised XOF 26.31 billion for its latest fungible treasury bonds on the regional financial market. Out of this sum, the country retains XOF21.8 billion.
According to the UMOA securities agency, “the operation aligns with Togo’s public securities issuance program in line with its medium and long term debt management strategy.”
The amount mobilized corresponds...
Between 2018 and 2019, Togo doubled its exports of organic foods to the European Union. From 22,000 tons, the latter rose by 102% over the period to reach almost 45,000 tons.
This makes the country the second-largest exporter of these products to the EU in Africa (Egypt is first). Worldwide, it is the 14th (against 31st in 2018).
In the ECOWAS region, Togo is first ahead of Côte...
In Togo, the Gnassingbé Eyadema International airport (AIGE) is taking various measures to restart activity soon.
Among these is a mobile laboratory where all arriving and departing travelers will be tested for Covid-19. This was recently revealed in a press briefing organized by the Covid-19 response team (CNGR).
“It is imperative to restart economic activities,” the CNGR...
Over the next months, access to water in the Kara and Savanes regions will be improved. The ministry of water, rural equipment, and hydraulics (MEERHV) is planning to drill 400 boreholes, and rehabilitate 200 more, in these two regions.
In this framework, the ministry has opened a tender for enterprises interested in carrying out these works. The tender has been divided into two lots...
The Togolese government is keeping up with initiatives to increase financing to the agricultural sector. Last Wednesday, top officials from the ministries of finance and agriculture met with managing directors of credit institutions operating in the country in this framework.
The meeting, which was held in Lomé, aimed at finding ways to substantially increase the contribution of the...
In 2020, the Agricultural Financing Incentive Mechanism (MIFA), which is based on risk-sharing, intends to mobilize XOF50 billion for the Togolese agricultural sector.
This was revealed by MIFA’s managing director, Aristide Agbossoumonde, after a meeting between the State and lending institutions which focused on increasing loans to the agricultural sector.
“In 2019, we helped...
On June 4, 2020, the Togolese assembly adopted a bill regulating the safe, secure, and peaceful use of nuclear technology by the country. This was during the sixth plenary session of the assembly, under its first ordinary session for the year.
“Nuclear safety is a collective priority and Togo has always worked to ensure more safety within its borders,” declared Yawa Djigbodi Tsègan,...
The WAEMU’s eight-member States want to reopen their border (land, air, and sea) as soon as possible, in a concerted way. However, no date has been picked in this regard.
This was disclosed last week (May 28th) after a videoconference between the Union’s ministers of transport.
During the meeting, El Hadj Omar Youm, Senegal’s minister of transport said there would “certainly...
The European Union (EU) has provided Togo the first tranche of the €9.5 million (XOF6.2 billion) committed to the West African country under its 2019-2020 budget support.
The monies should mainly be used to handle the health and economic emergency resulting from the Covid-19 pandemic.
“These funds, which are directly transferred to the public treasury, will add to resources...
Previously closed due to the Covid-19 outbreak, schools in Togo are about to be reopened.
The Togolese ministry of technical education, training, and professional insertion recently called, in an official note, actors of the education sector to “prepare for the upcoming reopening of schools” in the country.
The actors, “inspectors, directors, and all teachers and...