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Togo’s national order of auditors and chartered accountants (ONECCA-Togo) revealed that some people have been pretending to be accountants and auditors in the country.
In Lomé, posters pasted at various junctions advertise the provision of financial statements. These posters, however, make no mention of the people providing the services; only the phone numbers are...
As the coronavirus keeps spreading, the World Bank and the IMF have asked all bilateral lenders of IDA countries to suspend the payment of their debt if these countries request so.
This was declared in a G20 summit meeting (videoconference) held on March 26, 2020. “We invite G20 leaders to task the WBG and the IMF to make these assessments, including identifying the countries with...
The Arab Bank for economic development in Africa (BADEA) will grant $100 million to 44 African countries. The funds which are to be given on a need basis should help the nations fight the coronavirus pandemic.
The approach is a new one for the institution that usually invests in structuring infrastructure, health, education and energy projects. BADEA said it has a new strategy that...
On March 24, 2020, Togo received the first batch of the equipment promised by Chinese billionaire and philanthropist Jack Ma to help the country fight the coronavirus.
This includes face masks, test kits, hand sanitizers. Present at the reception of the material, the minister of health, Moustapha Mijiyawa, declared: "Togo is all set to face the pandemic."
It should be noted that not only...
As talks about the efficiency of the drug keep rising around the world, Togo has also decided to give it a try.
However, “chloroquine will not be sold freely,” said Dr. Innocent Kpeto, president of Togo’s order of pharmacists. This is to prevent the population from using this medicine without respecting the correct dosage or buying a fake product.
Chloroquine is a drug...
Banque Ouest Africaine de Développement (BOAD) will allocate each WAEMU member State XOF15 billion to fight the coronavirus. The information was disclosed in a statement issued by the institution on March 25, 2020.
In all, the States will thus receive XOF120 billion. Also, debt payments will be suspended.
Last week, the Central Bank of West African States (BCEAO) announced a...
Togo’s food security agency (ANSAT) has started grain sales across the country.
Prices of products sold by the agency are set as follows: 50kg bag of maize (XOF9,500 ), 50kg bag of Sorghum (XOF10,500), 50kg bag of Millet (XOF11,000 ), 25kg bag of long-grain local rice (XOF13,000), 25kg bag of broken local rice (XOF10,000), 25kg of local couscous (XOF7,500), 1kg sachet of maize flour...
In Togo, all those suspected to have been infected with the coronavirus will be quarantined at the Lébénè Hotel (ex-Ibis/ Le Bénin).
The government requisitioned the building for this purpose a little after announcing that all confirmed cases will be treated at CHR Lomé Commune.
Lébénè Hotel, which is located on the coast, has more than 100 rooms and has been equipped with...
In Togo, the public contracts regulatory authority (ARMP) is looking for a consultant to help it perfect its digital communication strategy. To this end, the public body has launched a call for manifestation of interests that will close on April 21, 2020.
The selected consultant will among others assess the level of assimilation of good practices allowed relative to public contract...
The government has suspended, indefinitely, all recruitment processes in the public administration due to concerns about the hike of coronavirus cases in the country. This was disclosed yesterday by the ministry of public works.
Periods for submission of applications are postponed and information relative to the new dates will be given later, reads the related statement. Submissions should...
Next September, the final mission for the assessment and capitalization of the achievements of the Project for Youth Employment and their Insertion in Promising Sectors (PAEIJ-SP) will be carried out.
The mission will be led by a firm that will among others define and submit for approval a method of assessment and capitalization of the achievements, conduct meetings with key actors to look...
Last Saturday, the government of Togo issued a statement warning sellers against price speculation and refusing to sell some items, amid the coronavirus outbreak.
Among products concerned are milk, rice, wheat flour, vegetable oil, concentrated tomatoes, sugar, pasta, hand sanitizers, as well as gloves and protection masks.
According to authorities, "this could cause artificial...
From a single case very recently, the number of people infected by the coronavirus has increased to 9 in Togo. The ministry of health indicated that the first case has recovered.
The authorities, besides setting up an emergency fund to fight the virus, have initiated some measures aligning with the same goal. This is in a context where the WHO recently revealed that the virus is being...
On March 28, 2020, the ECOWAS Bank for Investment and Development (EBID) will clear part of its debts, totaling €5.487 million.
The sum corresponds to semi-annual interests on a bond named BIDC-EBID 6.50% 2014-2021. Through this operation, the bank raised a total of XOF40 billion which was partly used to finance eight projects in Burkina Faso, Côte d’Ivoire, Mali, Niger, Senegal,...
In Togo, Ecobank has taken some preventive measures against the coronavirus outbreak, in line with the government's instructions in the same regard.
According to the related statement, the Lomé-based lender urged its clients to preferably use ATMs for cash withdrawals. This would reduce physical contact and queuing in branches, and thus slow the spread of the virus.
The ATMs,...
The Central Bank of West African States (BCEAO) said it is working on ways to curb the financial and economic impact of the coronavirus (Covid-19) in WAEMU States.
A similar path was taken some years ago to cushion the impacts of the 2008 crisis. In this framework, multidisciplinary teams have been put in place to make projections and provisions for the West African economies to best face...