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Togo is preparing its last issuance on the regional stock market for Q2 2020. According to UMOA-securities, the regional agency that organizes the issue of public securities, Lomé will proceed to the operation on June 12.
For the coming operation, Togo’s public treasury will try to raise XOF20 billion by issuing fungible Treasury bonds that will mature over 12 months.
On May...
The European Union (EU) delegation has granted XOF65.5 million to Togolese media organizations and the national coordination for the management of the Covid-19 response (CNGR).
The grant falls under a project led by the Observatoire Togolais des Médias (OTM). The latter regroups the national council of media employers (CONAPP), the Press employers association (PPT), the Free Radios and...
One of Lomé’s biggest hotels, the Eda Oba hotel, has suspended all activities until further notice due to the persistent coronavirus crisis. The information was reported by local media MiabeTogoActu.
“It is imprudent, both on the sanitary and financial levels, to keep the Eda-Oba hotel running given actual circumstances, especially since we are financially exhausted and have...
Togo’s post company, La Société des Postes du Togo (SPT), has developed a new online payment solution called E-poste.
The platform is solely reserved for the payment of power (CEET) and water (TDE) bills, at zero-cost.
The creation of this platform which can be downloaded on Google Play aligns the government’s dematerialization efforts. It also aims to make life easier for CEET and...
“Due to the various fiscal measures taken by the government to support businesses, budget resources should decrease from XOF578.4 billion to 348.4 billion.” The statement was made last Friday by the Togolese minister of finance, Sani Yaya, during a meeting with the private sector.
Explaining the reduction (of about 40%) in detail, the official said tax earnings should slump by around...
As announced a few weeks ago, the National Institute for Hygiene (INH) officially set up an office in Kara (412km from Lomé) last Saturday.
According to the ministry of health, this facility would help proceed to 1,500 daily tests for the Covid-19 virus. This is more than double the actual number of tests currently being performed. Additionally, the new center will enable the immediate...
At the end of last week, Togo received a €5 million financing from Germany to reinforce its decentralization process.
Promised months ago, the funds should be supplied through the German cooperation agency KfW. They will be used to pursue the construction and equipping of new town halls.
The goal of the financing, which falls under the Decentralization Support Project (PAD),...
From March 20 to May 10, 2020, Lomé’s airport has processed more than 1,000 tons of freight, including about 73% in transit.
The figures were revealed by Col. Dokissime Gnama Latta, director-general of the Lomé-Tokoin airport company (SALT), during a recent interview with RepublicOfTogo.
It appears therefore that as the airport’s passenger traffic fell due to the coronavirus...
Before officially restarting its flights to Lomé next June 15 as it recently announced, Air France will operate a special flight to the Togolese capital on May 23. This was disclosed yesterday by Togo’s ambassador to France, Calixte Madjoulba.
The flight which was agreed by the authorities of France and Togo will bring back Togolese citizens stranded in France and other European...
In Togo, TKEVA Experts, which develops cyber-health solutions, is supporting young local entrepreneurs, from 18 to 30 years old, with projects aimed at fighting the Coronavirus.
In this framework, the firm launched a call for projects for young entrepreneurs who are subscribed to the TKEVA youtube channel and Facebook account. For this initiative, TKEVA has set aside a budget of XOF4.5...
Barely a month into its launch, more than XOF6.8 billion has been distributed under the Novissi cash transfer scheme initiated by the Togolese government to help populations that are affected by the current Covid-19 crisis.
More than 550,000 people out of over 1.3 million who registered have received the funds so far. This includes about 360,000 women and 190,000 men. The money was...
The French airlines recently announced the resumption of its commercial flights to Africa.
Hence, the first flight to Lomé (with a stop in Niamey, Niger) is thus scheduled for June 15, 2020. Air France indicated that there will be three weekly flights from France to the Togolese capital.
On the same day, the company has scheduled direct flights to Abidjan, Cotonou, and Conakry.
Togo is set to update its national maritime and coast strategy, through its National Institution for State Maritime Action (ONAEM).
To this end, Lomé is recruiting a firm to conduct studies relative to the updating process, and produce an action plan which aligns with the 2018-2022 national development plan.
The update itself entails various actions such as assessing the existing...
The University of Lomé (UL) will set up a company, named Société for l’innovation et l’entrepreneuriat UL (UL Company for innovation and entrepreneurship), to sell its products more easily.
Also, the firm aims at professionalizing the university’s actions and facilitating its access to the market.
The move primarily aligns with the academy’s response against the...
Launched a few weeks ago on Telegram, Dokita, the official chatbot developed by the Togolese government under its response to the Coronavirus pandemic is now on WhatsApp.
The tool provides its users with useful information on the disease and related safety measures. It also gives information on surrounding drug stores and has an integrated rapid self-diagnosis component.
To access...
As part of its contribution to the fight against the coronavirus in Togo, Kekeli Efficient Power, which is in charge of building and running the eponymous thermal plant, has started a sensitization campaign in the district of Baguida.
The move, according to the firm’s management, aligns with its “strong commitment to everything that falls under its social...