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Moov and Togocel will again readjust their call rates and cancel the recent increases criticized by the telecom regulator, ARCEP.
In detail, both operators reduced their off-network tariffs by around 30%, following a recent warning by the regulator. The latter thus took note of the cessation of on-net, and off-net price differentiation practiced by the companies.
Now, there remains the...
CFAO Technology & Energy, a subsidiary of CFAO Group (Corporation For Africa & Overseas), wants to advance Togo’s energy transition in the construction sector.
On Nov. 26, 2020, the international company presented its new range of eco-friendly elevators to architects and other actors of the Togolese construction industry.
The elevator, named GeN2 Life Switch, can run on...
The West African Development Bank (BOAD) and KfW, the German development bank, are getting ready to launch a fund to promote digital transformation in West Africa. This was disclosed on the BOAD’s Twitter account.
The fund will finance projects to digitize administrative procedures and foster the digital economy across the WAEMU.
It should be recalled that the World Bank recently...
Togo’s various ministries will adopt the new program budgeting system adopted by the country. In this framework, they will all have a financial affairs division.
The decision was announced following the council of ministers held on November 25, 2020.
For the Togolese authorities, the adoption of the program budgeting system “requires a reorganization of the financial division of...
As part of measures to support the 2020-2021 academic year, the Togolese government will forego around CFA2 billion of registration fees for various exams. The news filtered from the council of ministers held on November 25, 2020. Overall, the education sector should benefit this year from over 3.5 billion worth of initiatives.
Another measure includes the mobilization of CFA1 million to supply...
Next year, seven billion CFA will be devoted to a new government program of free care for pregnant women in Togo. The program aims at reducing maternal and neonatal mortality, in line with a commitment made by President Faure Essozimna Gnassingbé.
This was disclosed in a statement issued by Mamissilé Akla Agba Assih, Minister delegate in charge of universal health care, during the...
Few days after cautioning Togocel for practicing unfair call rates, Togo’s telecom regulator -ARCEP- has opened a sanction procedure against the operator. This time, the regulator accused the operator of “grave inconveniences and malfunctions on its T-Money services, and a lack of communication with customers.”
It is stated under the terms of Togocel’s agreement that “in the...
Singapore-based agrofood group Olam acquired 51% of the Nouvelle Société Cotonnière du Togo (NSCT) for €15.3 million (around CFA10 billion).
The deal aligns with the authorities’ plan to privatize the cotton company - a process that should be completed next month. Following the privatization, the State and the federation of cotton farmers will respectively hold 24% and 25% of...
The parliament is reviewing the draft finance bill for 2021. The latter projects expenditures and income at CFA 1,521.6 billion, thus 7.1% less than this year's final budget (CFA1,638 billion).
Next year's finance bill focuses on social sectors (with a 10.8% increase in social spending which is expected to reach 445.1 billion FCFA), despite the negative impact of the pandemic on the economy....
Tremplin UEMOA Startup 2020 is the name of the contest recently launched by the WAEMU commission for young entrepreneurs active in Togo, Benin, Burkina Faso, Côte d’Ivoire, Guinea Bissau, Mali, Niger, and Senegal.
The competition runs until November 30, with a prize of CFA193 million. It aims to bolster efforts to promote modern and innovative entrepreneurship and accelerate the development...
There is a new twist in the dispute between the telecom and posts regulator (ARCEP) and the Togocel-Moov duopoly.
After being cautioned by the regulator for unfair pricing, both operators reduced their on-network call rates by 20 FCFA/minute while increasing their off-network rates by 10 FCFA/minute.
Displeased with the move, the ARCEP demands the two operators to explain within 24 hours....
The 4th round of the German-Togolese Consultations opened in Lomé yesterday, November 23rd.
The two-day meeting brings together Togolese officials and German diplomats to discuss at length the current state and prospects of cooperation between the two countries.
For the Togolese government, the meeting should help "strengthen the impact of cooperation between the two countries" and...
Agriculture, which contributes nearly 40% to Togo’s GDP, is the country’s largest employer. In 2019, 222,698 jobs were generated in the sector - 199,018 permanent and 23,680 temporary jobs.
Alone, the sector concentrates 60% of all jobs created last year, according to data released by the National Agency for Employment (ANPE) last Thursday, in the 2019 report on Labour Market...
In Togo, mobile operator Moov readjusted its tariffs, after the regulator -ARCEP - warned it and Togocom against unfair tariffication for on-network and off-network calls.
The new tariffs came into effect last Friday. They take into account “the termination cost for off-network calls and the expectations of consumers regarding the offers.”
Besides a single tariff (for local...
Togocel has obtained the authorities’ approval to test the 5G. The firm, the country’s leading mobile operator, is thus the first to get this green light and should proceed to initial tests next year.
This aligns with Togo’s desire to modernize and democratize access to the internet and become a reference in the region, in terms of digital technologies, within the next five...
In Togo, around 5,000 poor farming households will receive 65,000 kg of rice and maize seedlings from the National Project for the Promotion of Rural Entrepreneurship (PNPER).
According to the PNPER, the seedlings, worth CFA37 million, will be sown over 2,000 ha (1,500 ha with maize and 500 ha with rice).
Through the supply of the seedlings, the government, which launched the PNPER,...