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The European Union (EU) will spend CFA2.2 billion to improve urban governance and social openness in the Haho prefecture in Togo. In detail, the related project covers the municipalities of Haho 1, Haho 2, Haho 3, and Haho 4.
The EU’s financing represents 85% of the total amount required for the project (CFA2.6 billion). Through the move, the Union reinforces its actions in favor of...
To advance its decentralization process, Togo intends to build 40 new town halls. This was decided at the latest council of ministers.
Besides building the new facilities, Lomé wants to train 1500 municipal counselors across the country, in addition to drawing a development plan for 10 municipalities.
Togo will, in this framework, benefit from the support of Europe (Germany’s...
Next year, the European Union could provide Togo €48 million to fight Covid-19.
The funding announced during the 21st session of the Togo-EU political dialogue should come as budgetary support. During the meeting, the two partners committed to improving their cooperation, especially concerning the pandemic.
It must be noted that in 2020, the EU has been one of the West...
To date, Togo has spent a little more than CFA107.5 billion to fight the Covid-19 pandemic. This was recently reported by the ministry of economy and finances.
This amount breaks into CFA22.8 billion (21%) for measures to tackle the pandemic, CFA32.4 billion (30%) to help populations cope with the crisis, notably through social support projects like the Novissi universal...
Togo recently adopted a new strategy to fight avian flu. Co-validated by the Food and Agriculture Organization (FAO), the new mechanism was discussed with actors of the poultry sector last week.
The discussions came after the ministry of agriculture announced the ban of poultry imports from six European countries hit by the flu.
In detail, the strategy consists of reinforcing...
Through its subsidiary Arise, the Singaporean Olam expressed its intention to build the Lomé-Cinkassé highway in partnership with the Africa Finance Corporation (AFC). This was disclosed last Friday by Togo’s minister of finance, Sani Yaya, in a meeting with the parliament for the adoption of the 2021 budget.
An MoU of cooperation to conduct related studies and build the highway has...
In Togo, the curfew started on December 20 will last until January 3, 2021. It extends from 10 PM to 5 AM GMT throughout the period, except for December 24, 25, 31, and January 1 when it will begin at 11 PM and end at 5 AM.
The decision, officially announced on December 18 by the national coordination for the Covid-19 response management (CNGR), was made on the recommendation of a...
The Golfe 3 municipality, in Togo, and the Rabat municipality, in Morocco, signed last Friday a partnership and cooperation agreement to mutually share experiences, best practices, and train their administrative and technical staff.
The document, signed by Kamal Adjayi, mayor of the Togolese municipality, and Mohamed Sadiki, his counterpart of Rabat, covers urban management (management of...
Cofina Group, the African financial institution based in Côte d'Ivoire, partnered with the West African Development Bank (BOAD) to support SMEs with high environmental and social impact in the WAEMU region, over the next five years. This was recently revealed in a press release issued by Cofina.
In effect, the two partners will finance projects aimed at improving access to electricity in...
Last Thursday, the committee of ministers of the West African Gas Pipeline (WAGP) project met in Lomé to discuss operational aspects of the infrastructure through which natural gas is transported from producing countries (Nigeria, mainly) to countries that import the fuel (Benin, Ghana, and Togo).
The ministers discussed some reforms initiated under the project: tariff methodology, tax...
Yesterday, the 2020 Practical Guide for Business was launched in Lomé. The launching ceremony was attended by various business owners, representatives from different ministries, and the Director-General of Togo Invest.
According to Jean-Paul Agbo-Ahouelete, managing director of Focus Yakou and incidentally co-writer (with the Chamber of trade and industry of Togo - CCIT) of the 200-page...
It is now possible to pay application and deliverance fees for construction permits using mobile money services (T-Money and Flooz) and banking cards.
The decision, made by the Autonomous District of Grand Lomé (DAGL), aligns with reforms introduced by the government to improve cadastre and better tackle state-owned land issues.
In effect, the move aims to further dematerialize...
Last Wednesday, the board of directors of the OPEC Fund for International Development approved at its headquarters in Vienna a $50 million financing to support international trade with West Africa.
The institution’s support comes as Africa, following a schedule validated last December 5th, prepares to launch next month the African free trade zone.
Besides West Africa,...
This year, the UNDP invested $3.8 million (around CFA2 billion) in projects aimed at protecting the environment and biodiversity in Togo. This is one of the information disclosed yesterday, at the institution’s annual review of programs and projects implemented in the country.
Overall, the UNDP (which has been active in Togo since 1977) backed around 30 projects, at a cost of more...
As Togo’s business climate cell predicted, the Doing Business 2021 report should be released in a few months. The World Bank announced in a statement published on December 16, 2020.
The Bretton Woods institution said, “We will finalize the publication of the Doing Business 2021 report in the coming months.” The upcoming edition of the document will include corrections produced by...
After closing them for more than a year, Nigeria has reopened its land borders. The news, reported by local media, came from President Buhari who approved the immediate reopening of four land borders.
“In my meeting with State Governors today, I explained that the closure of Nigeria’s land borders was partly an attempt to control the smuggling of weapons & drugs. Now that the...