Search
Page : 282 - Results of 4497 to 4512 from 6930 Results
The unique social regime project is back on the government’s table. This is a project which is aimed at facilitating social inclusion throughout the 2020-2025 period. It was one of the main topics discussed during the government's first seminar held on Monday.
Once concretized, the project should enable “better distribution of social expenditures through a singly window for providing...
Togo’s annual poultry output should triple to 60,000 t by the end of 2023 and that of eggs should reach 250 million units, against around 188 million now. The positive projections mark the continuation of a trend observed since 2010. Indeed, from 2010 to 2019, the country’s poultry output soared from over 8 million heads to more than 26 million heads.
The figures were reported by the...
New directives have been introduced at the airport of Lomé (AIGE) to loosen the noose, a little, regarding Covid-19 screening.
Indeed, starting this week, departing and arriving travelers must present a negative report (PCR covid-19 test) of no more than seven days (against five days previously) before traveling. Any traveler who does not comply with this rule will be denied access...
Despite the pandemic and the pressure it put on Togo’s economic sectors, the country’s cereal production is faring well. Indeed, for the 2019-2020 campaign, grain output was estimated at 1.3 million tons thus 7% above the average for the 2015-2019 period.
Production of corn (which is the most consumed grain in Togo) over the campaign under review stood at 923,000 tons (or 10% more than...
To maximize tax revenues generated by mining in Togo, the Togolese Revenue Authority (OTR) intends to level up the skills of its agents in terms of control of mining output and assessment of mining-related losses.
This, according to the OTR, should reinforce its staff’s capacities in terms of tax control in mining industries.
The decision aligns with the country’s new mining...
In 2019, the World Bank and the European Union (EU) provided the most donations for the national budget, according to recent statistics.
Overall, donations for budget-related programs and projects amounted to CFA122 billion last year, up by 15% against the year before. In detail, CFA62 billion (against CFA20 billion expected) was allocated to programs while 60 billion was disbursed for...
The new government (formed about a week ago) started its first seminar today October 12, 2020, to study current issues and priorities.
During the seminar (Presided by the Head of State Faure Essozimna Gnassingbé), the government’s 2020-2025 roadmap will be thoroughly presented. This roadmap is elaborated around three axes: the reinforcement of social inclusion and harmony, peace...
Canadian companies Rainmaker Worldwide -specialized in clean water technologies- and Carlaw Group, a private equity firm active in Africa, announced a joint venture to provide clean water in Togo and three other African countries.
Under the deal, Rainmaker will deploy its Air-to-Water technology, which runs with a combination of atmospheric humidity, heat, and airflow. The joint venture will...
The High Authority for the Prevention and Fight against Corruption and Related Offenses (Haplucia) will be restructured in line with challenges facing the new Togolese government. This was disclosed by Christian Trimua (Minister of Human Rights, Citizenship Training and Relations with the Institutions of the Republic, and spokesman for the Government).
According to Trimua, this restructuration...
About 15,000 transit passengers have been registered at the airport of Lomé since it reopened two months ago.
The figure was released by the National Agency of Civil Aviation (ANAC Togo) which is taking stock of its activities after the resumption.
"We are satisfied," said Colonel Gnama Latta, head of the agency, noting that 90% of planned activities have been completed, per the...
Togolese authorities are planning talks to potentially reevaluate the interprofessional guaranteed minimum wage (SMIG).
The amount which currently ranges between CFA35,000 and CFA38,000 could increase after the talks.
This was reported by République Togolaise citing the minister in charge of relations with public institutions, Christian Trimua.
According to Trimua, the projected...
With a market share of 12.8%, the Lomé-based pan-African group Ecobank Transnational Incorporated was the leading bank in the West African Economic and Monetary Union (WAEMU) in 2019.
According to Agence EcoFin which reported the news, the holding came ahead of French group Société Générale (10.1% of the market), and Moroccan Bank of Africa and Atlantic Business International (9.7%...
Over the past quarter, 3,464 new businesses have been registered in Togo, according to statistics of the Centre de Formalités des Entreprises (CFE).
Respectively, 1,201 were created in July, 1,181 in August, and 1,082 in September. Overall, compared to the same quarter in 2019, 500 more businesses were registered this year.
Togolese citizens established 75% of businesses...
Besides boosting social inclusion and human capital, the priorities of the new government are to develop logistics and agriculture. Victoria Dogbé, Togo’s PM, mentioned this last Friday while revealing her general policy to the parliament.
Agriculture
To tackle the challenges this sector faces, the new government should pursue the same path as the former and buttress key axes. Four...
Togo gained 18 places in the 2020 economic freedom index published by the Heritage Foundation. The country is the 140th freest country (over 180 countries worldwide) and 29th out of 51 countries in Africa.
Despite still being considered as mostly unfree by the Foundation, the economic freedom score of Togo increased by 3.8 points to stand at 54.1 points.
The index covers 12...
Alongside 27 other countries, Togo will benefit from a second six-month tranche debt relief service of the International Monetary Fund (IMF).
The new tranche was approved on Oct. 2 by the IMF’s board, through the institution’s Catastrophe Containment and Relief Trust (CCRT). It is estimated at $227 million (grants).
From Oct.14 to 13 April 2021, the funds will help the...