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Over the past two days, actors of the telecom sectors and regulators of this industry from Benin, Burkina Faso, Côte d’Ivoire, Guinea, Mali, Senegal and Togo gathered in Guinea for the third Free Roaming evaluation meeting.
On this occasion, participants assessed what didn’t work out with the agreement signed in 2016 to cancel roaming fees between these seven countries, and what can be done...
Maize, Rice and Cotton. These are the three agricultural sectors that are most insurable in Togo.
This was disclosed by a recent feasibility study conducted in order to put in place agricultural insurance for Togolese farmers.
The report of the study ordered by the ministry of agriculture and steered by MIFA SA was reviewed on August 29, 2019, in Lomé, at a meeting which regrouped actors of...
Through a new tender issued last Wednesday, Togo yet seeks to raise XOF20 billion on the UMOA-securities financial market by next September, 6th.
According to the related communiqué from the UMOA-securities agency, the funds should be raised by issuing fungible treasury bonds. Proceeds are to be used to cover part of the State budget for this year.
Regarding its features, the operation has a...
Excluding the year 2012, Japan has invested from 2011 to 2018 close to $72.8 million in Togo. The figure was disclosed by the Togolese Presidency, on the sidelines of the ongoing seventh Tokyo International Conference on African Development (TICAD7).
The funds were spent on the renovation of the fishing port, the community development emergency program (PUDC) and the construction of bridges...
A Togolese delegation is presently in Japan for the seventh Tokyo International Conference on African Development (TICAD7) where it hopes to secure funds from Japanese private investors for its 2018-2022 national development plan, in a context where the country expects XOF3,000 billion from the private sector for this plan.
In this framework, Togolese authorities are already preparing for...
CFAO Group and its mother company Toyota will support Togo in its process to digitalize administration and achieve transition to renewable energies.
On the sidelines of the seventh international Tokyo Conference on African Development (TICAD 7), Togo’s minister of digital economy, Cina Lawson, said a memorandum of understanding has been signed between the two firms in this regard.
According...
Ghana and Togo are on the right track to settle their dispute over their maritime border. This is suggested by conclusions of the fifth round of talks between the two countries in this regard, held last week in Accra.
According to Stanislas Baba (photo), President of Togo’s High Maritime Council, the meeting in Accra helped exchange on technical data and transitory measures to resolve the...
Recently, 1,500kg of beeswax, produced by local beekeeping cooperatives, was sold to Koster Keunen West Africa (KKWA).
The transaction, worth a little more than XOF5 million, is the fruit of a partnership agreement signed six months ago by MIFA SA, Togo’s national beekeeping association, and US Group Koster Keunen which specializes in the production of natural ingredients for the cosmetics,...
The International Finance Corporation has completed the sale of its 14.1% stake in Ecobank Transnational Incorporated (ETI) to Africa-focused Investment Fund Arise BV (“Arise”).
“This transaction with ETI will see Arise collaborate with Ecobank to advance financial inclusion on the continent,” commented Deepak Malik, Chief Executive Officer of Arise.
As for the World Bank’s private...
BBOXX, the first operator active on the CIZO project in Togo, just raised $50 million at the TICAD VII.
Most of the funds raised came from Japanese giant Mitsubishi with other investors including ENGIE’s arm promoting access to sustainable energy, the Luxembourg-based investor Bamboo Capital Partners, DOEN participaties and Mackinnon, and BENNETT & Company.
The monies will be used by...
The World Bank’s country office in Togo has renewed its support to the government’s national reform plan. This was yesterday in Lomé, during a review of all reforms implemented by the country at end-June 2019
After it said it is satisfied by reforms implemented, knowingly the adoption of a new tax code, the operationalization of Lomé’s court of commerce, the reinforcement of the...
Customs offices of Togo, Burkina Faso and Niger signed last Friday in Ouagadougou a memorandum of understanding to enact the interconnection of their IT systems.
Representing Togo at the signing was Atta Kwawo Essien, Head of Regional Customs Operations at the Togolese Revenue Office (OTR). This signing falls in the framework of the establishment of the Interconnected System for the Management...
The opening ceremony for the 7th Tokyo International Conference on African Development (TICAD 7) just took place in Yokohama, Japan.
The theme of this edition is: “Advancing Africa’s Development through People, Technology and Innovation.” The president of Togo, Faure Essozimna Gnassingbé, is at the event with a delegation. The latter organized last Monday, a business forum with actors of...
From now on, any person asked for bribes or mistreated by security forces or aware of a criminal act can denounce it through a dedicated hot line. The corresponding number to call in such cases is 1014.
This measure, announced last Monday, by the ministry of security, aims at tackling corruption, incivism, and criminality, by ensuring that appropriate actions are taken immediately.
Let’s...
Yesterday in Lomé, Contour Global’s Togolese branch shared its expertise and offers on renewables with various actors of this sector in Togo, during a roundtable.
In Togo, the firm has a 100MW natural gas-fired power plant. However, it also operates in Italy, Peru, Brazil, Austria and Bulgaria in wind, solar, and hypower plants.
The firm has decided to invest in the West African country in...
A delegation from the International Monetary Fund (IMF) is expected to be in Lomé from August 28 to September 10.
This delegation, which will be led by Ivohasina Fizara Razafimahef (photo), will assess the implementation of reforms the institution agreed with Togolese authorities, under the fifth review of a three-year program of $224.8 million, backed by an extended credit facility...