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Minister of Trade and Local Consumption Rose Kayi Mivedor visited the Adawlato and Adidogomé markets in Greater Lomé last week.
She was with various trade inspectors to ensure that sellers are complying with regulations regarding product prices, quality, and the protection of perishable goods. This operation is part of a broader effort to monitor markets and control prices while ensuring...
The Togolese capital, Lomé, is hosting a meeting focused on the DigiCoop WA Project, launched two years ago. Participants–West African finance cooperatives–are reviewing their digitalization efforts since the project kicked off. The meeting started on December 2.
Backed by Switzerland, DigiCoop WA spans several countries including Togo, Benin, Burkina Faso, Mali, and Senegal. It aims...
In Togo, a new online service platform called "Logimat" has been launched to improve practices in the construction and logistics sectors. The platform officially began operations on November 30 in Lomé. Logimat allows companies and individuals to buy hardware online and rent heavy equipment for construction projects.
Geolocation and AI
Logimat uses advanced geolocation and AI technologies to...
Togo had 105,000 people living with HIV/AIDS in 2023, with a prevalence rate of 1.6% among those aged 15 to 49. Of the infected, 90% have been tested for the virus, 84% are receiving antiretroviral treatment, and 76% have successfully suppressed their viral load.
The figures were disclosed on November 29, 2024, during a press conference held by the National Council for the Fight Against AIDS and...
In Togo, customs duties on industrial diesel will be halved next year. The change was outlined in the 2025 draft finance law, which Lomé approved last week.
The amendment will take effect on January 1. It will apply to diesel that fuels the machinery and non-road mobile equipment used by extractive and manufacturing companies. The cut aims to boost local industry, including projects like...
The Togolese government plans to cut excise duty rates on certain local products in 2025. The move was outlined in the Finance Bill approved last week by the Council of Ministers. The cuts should boost local production and support small and medium-sized enterprises (SMEs) by providing more favorable tax conditions.
Natural products produced by local SMEs and certified by authorized State bodies...
The Togolese government has projected a budget of CFA2,394 billion for the fiscal year 2025. This budget will cover economic and social development projects and primarily leverage tax revenues and loans. The Assembly has yet to validate the budget.
1,200 billion in tax revenues
Lomé expects CFA1,200 in tax revenues next year–about 50.2% of the total budget. The government forecasts non-tax...
Togo’s National Coordination Committee for Health held its third annual meeting last week, on November 28. The session gathered various health stakeholders and partners who assessed the country’s achievements in the sector since the government launched its 2020-2025 roadmap. Health Minister Tchin Darré led the meeting.
Among other achievements underscored during the meeting, the Health...
Togo has secured a €200 million partial credit guarantee (PCG) from the African Development Bank (AfDB) to support its first sustainable financing initiative. This move aligns Togo with other African nations like Benin, Côte d'Ivoire, Senegal, and Rwanda, which have recently utilized this funding tool to finance green and social projects at lower costs.
The AfDB's Board of Directors...
Togo has officially launched the Global Peace and Security Alliance (GPSA), a new international initiative to boost global peace and security cooperation. Robert Dussey, Togo’s Foreign Affairs Minister, announced the launch on November 28, 2024, during the Lomé Peace and Security Forum.
Dussey stressed that the GPSA seeks to unite various global platforms dedicated to peace. In a...
Togo is gearing up to attend the 2025 Osaka World Expo, in Japan. The country launched its promotional campaign on November 28, 2024, during the 19th International Fair of Lomé (FIL).
Togo’s pavilion at the Japanese event will showcase "made in Togo" products, and participating Togolese businesses will promote themselves and connect with international partners.
According to Alexandre de...
Togo's 2025 budget is set at approximately 2,394 billion FCFA, up 9.9% from the 2024 budget of CFA2,179 billion. The Council of Ministers confirmed this projection during their meeting in Lomé on November 26, 2024.
Nearly half the budget will focus on the social sector, against 48% in 2024. Next year, Lomé will focus on key issues like insecurity, fostering social and economic inclusion, and...
Togolese telco Togocom is now Yas. The firm announced its rebranding on November 26 in a press meeting. T-Money, Togocom's money transfer service, is now Mixx by Yas.
The rebranding falls under a strategy initiated by the pan-African Axian Telecom, which owns 51% of Togocom.
According to Axian Telecom Group, the Yas brand was launched to unify operations across several countries...
The West African Development Bank (BOAD) has inaugurated a documentation center at the University of Lomé to support education and research. The center opened on November 26, alongside the signing of a cooperation agreement with five Togolese higher education institutions.
The new center is designed to assist teachers, researchers, and students in their academic work. It provides access to over...
India was Togo’s top export destination in Q3 2024, with 20.1% of total exports valued at CFA42.9 billion.
According to Togo’s Statistics Institute, INSEED, Burkina Faso came second, with 13.7% of exports, valued at CFA29.2 billion. Côte d'Ivoire followed with 9.6% and CFA20.4 billion, in share and value.
This trend highlights Togo's strong connections with its neighboring...
The Multilateral Investment Guarantee Agency (MIGA), part of the World Bank Group, announced on November 25 a €506 million ($535 million) guarantee to support sustainable development in West Africa through the West African Development Bank (BOAD). This funding will back loans from Société Générale (France) and HSBC (UK) to BOAD for projects focused on energy transition and climate...