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In line with its reform optimization strategy, Togo’s ministry of economy and finance will on August 27, proceed to a national review of public finance reforms implemented at end-June 2019.
Ahead of this review, the action plan for public finance management reform is currently being reviewed, in Lomé.
According to Aharh Kpessou Mongo, Permanent Secretary in Charge of Public Finance Reforms,...
At the start of this week, Togo’s ministry of health and public hygiene organized in Lomé a scientific debate on quality control of drugs in ECOWAS States.
This was in line with the 32nd anniversary of the West Africa Health Organization. The latter was created in Lomé, in 1987, to answer issues related to drug quality, and ensure regional coordination relating to health across the...
Last Tuesday, Widezip, a new e-commerce platform was launched in Lomé, Togo.
This is a system that aims to ease online sales of businesses and individuals in the country.
Both the web and app-based platforms list SMEs and SMIs operating in many sectors ; offer online storage service ; sell and buy goods for professionals and individuals, as well as conduct import-export transactions,...
At the beginning of this week, an information workshop was held on how to fight fall armyworms in Togo. Present at the session were field agents of the Technical Support and Council Institute (ICAT), which is affiliated to the ministry of agriculture, and some leading producers.
The workshop aimed at teaching how to, using recent technology, detect and fight the worms which feed on maize, rice,...
Started yesterday, the second edition of the permanent investigation on services trading (EP-CIS 2) will end Today, August 21.
Steered by the national institute of statistics, economic and demographic studies (INSEED), the operation aims at setting up a database listing all international services transaction, and falls in line with a project to gather data on international services trading...
Only one Togolese out of three has heard of climate change. This was revealed in a survey conducted by Afrobarometer over the 2016-2018 period.
According to the study which covered 33 African countries and assessed how Africans perceive climate change and its impact on humanity, one out of three Togolese (36%) associate climate change with bad weather phenomenon (natural disasters, global...
The Regional Agency for Food and Agriculture (ARAA), based in Lomé, has just launched a tender for the submission of projects falling under the West Africa Livestock Trading initiative.
Backed by the Swiss Cooperation, ARAA has $3 million for the project. Now, it seeks innovative projects that will contribute to the growth of husbandry and livestock trading in West Africa and...
In 2018, the whole West African Economic and Monetary Union produced 2,738,100 tons of phosphate. This is 18.6% more than the 2,307,900 tons it produced the year before, according to the BCEAO’s latest annual report.
The rise in output was spurred by a sustainable demand, driven mostly by Togo where phosphate output grew by 28.5% over the year reviewed, and Senegal where it soared 14.1%....
In Q1 2019, Togo exported 4,743 tons of cocoa, up 271% compared to the same period in 2018 (1,278 tons). Despite the significant increase, the country produced only 2,258 tons locally.
For coffee, Togo exported about 2.4 million kg of the beans during the first quarter of the year. This is 13% more than in 2018, according to the general office for economic studies and analyses of the...
Launched by President Faure Gnassingbé, construction works for the Carrier Hotel, the future data center of Togo are advancing well with “foundations which are being completed,” according to APL France which claims the infrastructure “will be delivered next October.”
The building will host private servers and “the technology that will be used at the carrier hotel will make it one of...
From September 25 to 27, 2019, Lomé will host the 3rd edition of the national forum for internal audit. For this edition, the event has been placed under the theme: “Internal audit at the service of concerned parties.”
Organized by the Institute of Internal Auditors – Togo (IIA-Togo), the forum will focus on future challenges of internal auditors, collaboration between public governance...
Compared to 2017, public debt across the West African Economic and Monetary Union (WAEMU) soared in 2018. This was disclosed at the last council of ministers of the Union.
“Despite efforts of the Union’s member States regarding public finance management, to reduce budget deficit, this figure remains high,” with a debt that increased to 48.7% in 2018, up 3.2% more than in 2017, reads an...
In 2017, bilateral trade between Togo and the US amounted to $38.7 million, according to the UN international trade database Comtrade.
In detail, the US exported to Togo about $32.5 million worth of goods while Togo exported only $6.2 million to the United States.
Regardless of the significant volume US exported to Togo, it should be noted that during the year reviewed, it was...
In 2018, Togo’s budget revenues soared by 13.4% compared to the year before. This was disclosed by the Central Bank of West African States in its latest annual report.
This is the second highest increase within the West African and Monetary Union (WAEMU). The country comes after Niger (+23.5%) and before Burkina Faso (+12.3%), the other two nations whose budget revenues grew the most over the...
Under its additional phase, the Agricultural Sector Support Project (PASA) backed 300 more breeders, providing them each XOF3.5 million. This follows an initial phase where 170 breeders benefited from the scheme’s support.
The subsidy, capped at XOF1.5 billion, aims at helping actors of this sector better sell their products.
According to the ministry of animal production, PASA, in its...
Last week in Kumasi (Ghana), three airlines, namely Africa World Airlines (AWA), Lomé-based Asky Airlines, and Ethiopian Airlines signed an interline agreement, according to Ecofin Agency.
Under the agreement, a first of a kind, passengers travelling on two or the three airlines on a single trip will no more need to have their luggage checked through to their final destination.
Moreover, the...