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The Global Alliance for Vaccines and Immunization (GAVI), has a new representative in Togo: Riswana Soundardjee. She introduced herself to Togolese Prime Minister Victoire Tomegah-Dogbe on October 2, 2024, alongside her predecessor, Demba Diack.
"I have had this responsibility for the past two and a half years. It's time for me to hand over responsibility to my colleague, who will be the new...
A project to modernize palm processing in Momé Katihoé, a village in Vo, Southern Togo. The project received CFA60.4 million under the WACA ResIP coastal resilience program.
Modernizing Production
"In the past, kneading palm nuts was extremely difficult. We sometimes did it with our feet or in mortars, which made the work tedious," explains Soutoji Komlan, president of the Development...
Despite political tensions within the Economic Community of West African States (ECOWAS), the ECOWAS Bank for Investment and Development (EBID) is committed to maintaining financial relations with Mali, Niger, and Burkina Faso. As the three members of the newly-formed Alliance of Sahel States (AES) take steps to exit ECOWAS, EBID wishes to continue its partnerships with them.
Dr. George Agyekum...
Togo lost its crown as Gabon’s top supplier in Q2 2024. It fell to the fourth position, with exports plunging by 57.9% compared to Q1 2024. The news was reported by Le Nouveau Gabon, quoting data from Gabon's Directorate General of Customs.
Over the quarter reviewed, Gabon's imports from its top 10 suppliers decreased by 7.0% quarter-on-quarter.
With the drop, Togo’s market...
Togo raised CFA10.5 billion on the WAEMU Market last Monday, Sept. 30. Lomé was CFA4.5 billion short on its target for the operation–a simultaneous issue of fungible treasury bills (BATs) and fungible treasury bonds (OATs).
The operation report indicates that CFA8.2 billion was secured via the BATs. The securities mature over 182 and 364 days at a variable interest rate. The remaining...
The number of mobile users in Togo was 7.3 million by the end of March 2024, up 9% year-on-year. The country’s telecom watchdog, ARCEP, disclosed the figure based on its latest customer satisfaction survey.
In detail, Togo Cellulaire had 4.37 million users (60% of the total), and Moov Africa Togo had 2.91 million users (40%).
Over the period reviewed, both operators totaled 3.55...
Between October 2023 and July 2024, Togo earned CFA4.8 billion in non-tax revenues from the maritime sector. The Single Desk for Maritime-Sector-related Royalties and Non-Tax Revenues (GRM) secured the monies. The Minister of Economy and Finance recently disclosed the figure in a report on reforms covering H1 2024.
It is worth noting that the GRM has been partially operational since...
Togo launched last week a new initiative to support and empower people with disabilities. The program, AVANCE-Togo, was kicked off on September 27, in Lomé, by the Togolese Federation for Disabled People (FETAPH). The United States Agency for International Development (USAID) backs AVANCE-Togo with $1.5 million (about CFA800 million).
AVANCE-Togo aims to improve the inclusion...
Togo has approved a national strategy to improve access to educational resources, specifically textbooks and teaching aids for students and schools. The strategy was adopted on September 27 at the University of Lomé during a workshop with education experts, technical partners, and associations.
Supported by UNESCO, the strategy aims to address the shortage of quality educational materials in...
The Centre des Expositions et Foires de Lomé (CETEF) is offering special rates for young and female entrepreneurs who want to exhibit at the 19th Foire Internationale de Lomé (FIL). This initiative, supported by the Ministry of Trade, Crafts, and Local Consumption, aims to encourage more young people and women to participate in the trade fair.
CETEF is providing 50 exhibition spaces, with 60%...
Moody's Ratings has upgraded Togo's economic outlook from "negative" to "stable." In a rating published on September 27, 2024, Moody's maintained Togo's B3 rating for foreign and local currency borrowings. This upgrade follows a positive assessment from Standard and Poor's (S&P) about the Togolese economy.
Moody's cites improvements in Togo's budget management as a key reason for the...
Launched four years ago, Gozem's V+ program has helped 1,000 drivers become vehicle owners, including motorcycles, cars, and tricycles. This announcement was made on September 25, 2024, during a ceremony in Lomé where drivers received the keys to their vehicles.
The drivers are the first group to complete the process and are now financially independent thanks to this initiative. "We set up this...
By the first half of 2025, the French Development Agency (FDA) will provide Togo with €30 million to support local SMEs.
According to Papa Amoudou Sarr, Executive Director of FDA, the new funding falls under the Choose Africa program. Sarr announced this on September 27, in a meeting with Togolese Prime Minister Victoire Dogbé.
The funds will target startups and micro,...
Togo and Uzbekistan have established diplomatic relations. The agreement was signed last week in New York by the foreign ministers of both countries, Robert Dussey and Bakhtiyor Saidov. With this agreement, Togo becomes the 155th country to recognize Uzbekistan.
The cooperation between Togo and Uzbekistan will focus on economic partnerships. Uzbekistan is the second-largest economy in Central...
Lomé will host its first Children's Book Fair, the Salon du Livre Jeunesse (SALIJEL), from October 17-19, 2024. Organized by the "Lire au Togo" association and the Ministry of Culture, the event aims to attract over 5,000 fans of children's literature, including authors, publishers, and book professionals from across Africa.
"Books are not just pages to be turned; they are worlds to be...
Daba Finance, an Ivorian fintech company, won the 2024 Ecobank Fintech Challenge, taking home $50,000 and a strategic partnership with Ecobank. Kenya's Melanin Kapital finished second in the competition, winning $10,000, while Guinean fintech YMO took third place with a prize of $5,000. The People's Choice Award went to Togolese startup MiaPay.
The competition took place on...