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Faure Gnassingbé, the President of Togo, and other African leaders are in Accra, to attend the unveiling of a statue celebrating Niger’s former president, Mahamadou Issoufou, for his contribution to the African Continental Free Trade Area (AfCFTA). The statue is at the AfCFTA Secretariat.
After the unveiling, reports Graphic Online- a Ghanaian media, President Nana Akufo Addo should...
The Togolese Minister of Foreign Affairs Robert Dussey received yesterday, July 15th, Saudi Arabia's Ambassador. The two diplomats mainly discussed cooperation between Lomé and Riyadh, as well as potential investments the latter could make in the former.
"Together, we reviewed our bilateral cooperation and investment prospects of Saudi Arabia in Togo. We examined the possibilities of bilateral...
Sani Yaya, Togo’s minister of finance and economy, recently urged the country’s banks to double down on efforts to innovate their services and financial products. This was during the National Credit Council (CNC), which he chaired.
The official believes banks need to develop new, enhanced services and products considering businesses’ current investment and operational...
The government issued a tender notice to recruit consulting firms that will assess accounts of public institutions in 2021, 2022, and 2023. The closing date for bid submission is July 30, 2021.
The audit mainly covers public companies, public administrations, State funds, or independent organizations that received State subsidies for the years concerned.
The selected auditor will...
Seeking CFA25 billion, Togo issued last Wednesday fungible treasury bonds on the WAMU securities market - an issue set to close on July 23, 2021.
In detail, the bonds have a nominal value of CFA10,000 and will mature over 10 years, at an interest rate of 6.2% per annum. The proceeds will be used to support the recovery of the Togolese economy post-Covid-19.
“The present issue,...
Experts from the Togolese and Nigerien transport administrations held on July 14 a work session in Lomé, Togo’s capital. The meeting took place on the sidelines of a visit by Niger’s minister of transport, Oumarou Malam Alma.
On this occasion, the two parties assessed the concerns of actors operating in the sector and of those who use the Lomé-Niamey road.
President Faure Faure Gnassingbé is currently in Abidjan. The leader is attending a summit dedicated to the 20th edition of the International Development Association (IDA20). which is being held today.
In all, around 20 African leaders and executives from the World Bank should regroup at the event. They will talk about the increase of IDA financing for African economies; to enable the...
Togo has officially joined the shareholding of the Africa Finance Corporation (AFC), two and a half years after becoming a member. This was disclosed on the institution’s website on July 13.
“AFC has been a critical development partner in supporting key sectors of our economy including power, transport and logistics. Becoming a shareholder in AFC is a natural next step to further...
From August 19 to 21, 2021, Lomé will host the first edition of the Togo Food Safety Week. This was disclosed by the MIFA S.A (Mécanisme Incitatif de Financement Agricole Fondé sur le Partage de Risques).
The event, themed “agro-entrepreneurship and the integration of the quality approach for a sustainable local consumption” will gather local production actors, including producers,...
"There are ways to transform the Togolese rural economy through a new integration dynamic, by leveraging energy and digitalization." Ibrahim Thiaw, Under-Secretary-General and Executive Secretary of the United Nations Convention to Combat Desertification said this last week, in Germany, while meeting with Togo’s PM, Victoire Dogbé.
Thiaw believes the transformation is a real opportunity...
Brazil, South Africa, India, the United Kingdom, Russia, and Portugal. Passengers flying to Togo from these countries will be systematically quarantined for 10 days.
This was announced on July 13 by Prof. Moustafa Mijiyawa, the Togolese Minister of Health and Public Hygiene, via a circular note.
The measure follows, according to the official, “reports of coronavirus variants with high...
This quarter, Togo’s public treasury aims to raise CFA110 billion on the WAMU securities market.
To this end, it will issue 10-year fungible bonds on July 23 and August 20. Lomé eyes a turnover of CFA50 billion for these two issues - CFA25 billion respectively.
To close the quarter, the country plans to undertake, on September 17, two simultaneous issues (of fungible...
ARISE Integrated Industrial Platforms (ARISE IIP) plans to develop, in Togo, a 390 MW PV solar plant, paired with a 200 MWh and a 161 kVA substation. To this end, it launched a call for tenders targeting companies specialized in large-scale solar projects.
In the long run, the projected plant will supply power to the Adetikope Industrial Platform (PIA) and companies that will settle there....
Togo produced nearly 153,000 tons of rice last year. The figure, revealed by the BCEAO, is up compared to the outputs recorded in 2019 and 2018, respectively 147,000 tons and 145,000 tons.
Though it keeps producing more over the years, the country is still far from being self-sufficient. Regarding imports, the US Department of Agriculture (USDA) estimated that Togo received 150,000 tons...
The National Food Security Agency of Togo (ANSAT) sold 887 tons of cereals over the past month.
This includes 874 tons of corn and 13 tons of sorghum. The 50kg-bag of the former was sold at CFA9,500 while the 50-kg bag of sorghum was sold at CFA10,500.
The supply helped lower market prices of corn - the bowl (2.5kg) is now sold at around CFA700 (against CFA750-800 previously) in...
For the second consecutive year, Togo is the country that exported the largest volume of organic soybeans to Europe. The West African nation, according to a report recently released by the EU Commission, sent 51,000 of the crop to the Schengen Area.
This is 20% more than the volume it exported to the same region in 2019, knowingly 42,300 t.
In the 2020 ranking, Togo came ahead...