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From August 22 to September 8, 2019, the eighth edition of the Adjafi trade fair organized by Maxcom will take place.
The theme this year is “Social security of young African entrepreneurs for inclusive growth.”
The organized indicates that advertising campaign for the fair will begin May 15 at the Chamber of Commerce and Industry (CCIT).
The event which promotes young entrepreneurs and...
The regional mortgage financing fund (CRRH-UEMOA) raised its share capital to XOF9.589 billion (from 9.144 billion), by issuing 44,500 new shares.
The move was decided at the fund’s 10th ordinary general assembly which took place at the West African Development Bank’s (BOAD) office in Lomé, last April 25.
The assembly chaired by Christian Agossa approved a public bond issuance on the...
Goods and services imported in Togo are now subject to quality standards. A decree was adopted May 9 in this framework by the minister of trade and industry, Kodjo Adédzé.
Under the new reform, importers must conform to standards related to normalization, certification, accreditation, environmental protection, and quality promotion set in Togo. This is stated in paragraph 7, art. 4 of the...
Last Tuesday, the African Development Bank (AfDB) and the Togolese government met to discuss SMEs and SMIs’ access to agricultural loans. On this occasion, it was revealed that only 0.3% of businesses active in agriculture in Togo have access to banking loans.
The recent talks between the AfDB and Togolese authorities should help find ways to improve lending and loan mobilization by these...
Togo: Ministry of agriculture deploys 700 agents to identify actors of the agricultural value chains
Togo’s ministry of agriculture is carrying out a campaign to identify actors of the agricultural value chains.
Started end-April 2019, the move is led by 700 agents and actors targeted include producers, processors, sellers of agricultural and agro-food products and service providers.
According to the ministry, identifying these actors will help “better structure agricultural value chains...
The Togolese Revenue Office (OTR) launched on May 7, a sensitization campaign to fight corruption within the institution.
The campaign is organized in partnership with the High Authority for the Fight against Corruption and Related Offenses (HAPLUCIA).
“We target associations, NGOs, our agents, and journalists who all have the duty to fight corruption,” said Mouhamed Nour-Dine Assindoh,...
In Togo, the bill to revise the constitution was voted, unanimously, yesterday by the parliament.
The new bill restricts the presidential term to five years renewable once and for a president to be elected, he or she will be elected through uninominal suffrage, according to a majority, two rounds system.
Mandates of deputies and members of the constitutional court have also been limited....
So far, XOF38 billion has been raised by Togo from its main partners for the Kara agropole which is being established in Northern Togo. These partners are the African Development Bank (AfDB), West African Development Bank (BOAD) and the Saemaul foundation from South Korea.
The figure was revealed to Togo First by Essowè Batana, chairman and managing director of the agency for the promotion and...
At end-March 2019, Togo’s debt stabilized at 67.3% of its GDP, according to Sani Yaya, minister of economy and finance.
The World Bank helped the country achieve this level by backing its economic reform program. Yesterday, the bank’s resident representative revealed that between 2017 and 2018 the institution injected $92 million in the program.
The program in effect aims at...
In line with its objective to achieve food sufficiency, Togo will be backed by China. This was revealed during a meeting between the Chinese ambassador to Togo, Chao Weidong, and Noël Bataka, minister of agriculture, yesterday.
The two officials lauded the construction of “major infrastructures in the agricultural sector,” resulting from cooperation between the two countries.
Among the...
Launched in 2016, the program supporting youth employment and insertion into promising sectors (PAEIJ-SP) helped generate 35,000 jobs in agriculture so far, against an expectation of 20,000 jobs.
In detail, the program fostered the creation of 14,290 direct jobs and 20,940 temporary ones.
Agrokom and Jonction de croissance du Togo (JCAT) are two success stories that resulted from the PAEIJ-SP....
To foster a sustainable management of forests in the country, Togo’s government just developed and put in place the national forest investment plan (PNIF), valued at $101 million.
The 2018-2022 plan includes three main axes, namely: managing protected areas, managing forest ecosystems, and third sensitization and resource mobilization.
Regarding the last, fund mobilization, a meeting was...
From next September 1, the European Union’s new directive on mango imports will be applied. This was disclosed by the Europe-Africa-Caribbean-Pacific Liaison Committee (COLEACP) in a release dated April 29, 2019.
According to the directive, mango exporters from West Africa, thus Togo, must verify that “the mango has been subjected to an effective treatment to ensure that is free from...
The National fund for inclusive finance (FNFI) invites all young entrepreneurs, and businesswomen, to apply for a contract to make T-shirts and another relating to the purchase of hardware supplies.
For the first contract, the call to manifestation of interest targets youth and women entrepreneurs all over the country and registered on the website of the national directorate for public...
A Togolese delegation, including Kueku-Banka, Director General of the Togolese Center or Fairs and Exhibitions (CETEF), is currently in Beijing attending the 2019 Beijing International Horticultural Exhibition (Beijing Expo).
Placed under the theme “Live Green, Live Better,” the 2019 Beijing Expo will include many educative and interactive exhibitions as well as thousands of public...
Allianz-Togo is now owned by SUNU Group. The shift does not only affect the Togolese subsidiary of the Allianz Group.
Indeed, the operation concerns the group’s subsidiaries in Benin, Burkina Faso (life, fire, accidents and risks insurances) and Mali.
According to the joint statement revealing the information, these units “are now part of the SUNU Group and will be renamed SUNU...