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Moov-Togo and NSIA-Togo have partnered to launch “Zem Assur”, “the country’s very first mobile-based micro-insurance product for taxi-bikes and two or three-wheel drives.” This was disclosed by Moov last Friday.
The insurance can be subscribed via Flooz, Moov’s mobile money service. Insured drivers, in the event of accidents, are taken care of by NSIA which covers first...
Since last Monday, the Alliance for the Promotion of the Port of Lomé (AP2L) has been in Ouagadougou, in the framework of a meeting to boost trade between the port and Burkina Faso. The information was reported by Sidwaya.info.
The meeting which will close today is themed: “Retaining Lomé port’s clientele in Sahel nations.”
Participants of the meeting will discuss ways to...
The West African Development Bank (BOAD) just lent Togo XOF20 billion to partially finance the rehabilitation and asphalting of the n°17 national road, connecting Katchamba to Satori (about 489km north of Lomé).
The loan agreement was signed on September 19, 2019, between Sani Yaya, Togo’s minister of finance, and Christian Adovelande, president of the BOAD.
Besides funding works for the...
In 2018, Togo received $440.3 million of official development assistance, according to Christophe Akpoto, Head of bilateral cooperation. This, he revealed yesterday as the 2018 report on ODA was released.
The amount is 12.9% up compared to 2017 when the funds amounted to $389.85 million.
In detail, most of the monies provided to the country last year came from the World Bank (21%),...
By a decree passed at the recent council of ministers held last Saturday, Togo’s General State Inspectorate (IGE) now has a permanent obligation to control, audit, investigate and promote the good management of public finances.
The institution, according to the same decree, has also been placed under presidential authority. The decision translates the government’s efforts to ensure that Togo...
Last Wednesday, actors of Togo’s agricultural sector discussed in Lomé the implementation in Togo of the Agroecological Transition Support Project in West Africa (PATAE).
The project aims to spur agricultural practices which will help preserve and restore both exploited and natural ecosystems while improving yields of family farms, subsequently boosting food security, revenues of households...
On Sept. 19, 2019, a council of ministers was held in Lomé to revise the 2019 budget for the country.
According to the meeting’s minutes, the budget has been scaled up by 2.8%, from XOF1,461 billion initially, to 1,501.9 billion. Budget rectifications take into account structural reforms needed to improve public spending management.
In addition, some policies of the General Tax Code have...
Germany just granted Togo eight million euros, for the third phase of the decentralization support program (PAD 3). The funds were allocated by KfW, Germany’s development bank.
“The monies will help provide an adequate work environment for local representatives,” said Sani Yaya, Togo’s minister of finance, at the signing of the financing agreement between the State and KfW, last...
On September 18, Togolese authorities held in Lomé a meeting to review procurement systems based on the MAPS methodology. MAPS is a universal tool which promotes and accelerates the implementation of modern, sustainable and more inclusive procurement systems.
The recent review takes place after another conducted in 2016. The latter, while lauding Togo’s procurement system, at legislative,...
Last Tuesday, security and border experts of the Council of the Entente regrouping Benin, Burkina Faso, Côte d’Ivoire, Niger, and Togo, met in Lomé to elaborate new regulations to reinforce defense and security in the above-mentioned States.
The documents will be submitted to respective leaders of the Council’s States at the fourth annual meeting of Government and State leaders which is to...
Yesterday, Togo’s chamber of commerce (CCIT) signed with the African Solidarity Fund (ASF) a partnership agreement to improve access to bank financing for business operators.
This was on the sidelines of a forum that regrouped industrialists, entrepreneurs, merchants and many others. The forum’s theme was: “Facilitating Access to Bank Financing for Togolese Businesses by Leveraging...
Togo will take part in the Expo 2020 Dubai which is set to take place between October 20, 2020 and April 10, 2021. This was announced by Kueku-Banka Johnson, general commissioner of Togo for the event.
Under the theme “Connecting minds, Creating the future,” the expo will regroup 192 countries and 25 million visitors, according to its promoters.
It should be noted that in line with the...
Togo and the permanent secretariat of the International Labour Organization (ILO) have inked an agreement to improve access to decent jobs in the country, with a focus on youth, women, and the disabled.
The agreement, a memorandum of understanding, falls under the Decent Work Country-Programme. It was signed yesterday in Lomé, by the government, the employers’ association, and ILO....
In Togo, Lomé’s biggest market will be rebuilt. An international tender has been launched to this end by the procurement cell at the prime minister’s office.
Only 17 companies can bid for the project which is divided into four parts, knowingly: site development, leveling, major works; secondary works; network installation, high and low power, carpentry and metalworks.
Interested...
Lomé is currently holding a three-day regional meeting gathering nine West African Francophone countries and top-level experts in the framework of a meeting of the West African Health Organization (WAHO).
The theme of the event which began on September 17 is: “How to achieve universal health coverage faster? Community health officers, a key link.” Through the meeting, the OOAS and other...
The tertiary sector contributes nearly 60% of Togo’s GDP, according to the latest data released by the Central Bank of West African States (BCEAO).
In detail, the sector, at end-April this year, had contributed 59.1% of gross domestic GDP valued at XOF2,935.7 billion. At end-June, it soared to 59.9%, thus representing a 0.8% increase.
Meanwhile, the primary and secondary sectors...