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Page : 299 - Results of 4769 to 4784 from 6140 Results

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25/07/2019
It’s effective. The Japanese firm Mitsubishi wishes to join the CIZO program in Togo. On July 23, Yas Doida, Director of Mitsubishi Africa, after meeting with President Gnassingbe, declared: “We wish to contribute, as a Japanese firm, to the CIZO programme launched by the Head of State with a goal of achiving universal power coverage by 2030. We talked about the various off-grid solutions we...
In Togo, the National Social Security Fund (CNSS) just expanded e-payment of social security contributions to Ecobank, Oragroup and Union togolaise de banque (UTB). This is after a pilot stage where this payment mode was enabled on Flooz, Tmoney and Banque togolaise pour le commerce et l’industrie (BTCI). In addition to being able to pay the contributions on the CNSS e-platform, contributors...
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24/07/2019
Togo’s government plans to rehabilitate and asphalt nearly 600km of roads by 2022. This will ease traffic and improve access to remote areas while unclogging some major axes. Through the project, the authorities want to get a modern road network that will enhance transportation of people and goods, such as agricultural products to major cities, while improving road safety. This aligns with the...
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24/07/2019
In Togo, Ecobank executives met yesterday with some young local entrepeneurs to discuss possibilities for the bank to provide them institutional and financial support in their ventures. The meeting held in Lomé was chaired by the Ministry of Youth, Victoire Tomégah Dogbé. Also present were Mamady Diakité, MD Ecobank Togo, Paul harry Aithnard, Regional Director of Ecobank in WAEMU, and Kanka...
Komi Dovi Koudou, founder of Natuthe Kinkeliba, the startup that produces Kinkéliba tea, plans to start industrial production soon. To this end, the young Togolese entrepreneur intends to raise CFA124 million. In an interview with Togo First, he declared: “We are mobilizing funds to acquire equipment, to produce more rapidly, and reduce related costs and subsequently get our Kinkéliba tea to...
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23/07/2019
Famous Japanese car dealer Mitsubishi Corporation has decided to enter the Togolese power market. The firm will provide off-grid solutions to local populations, those living in rural areas especially. The news was disclosed yesterday by Yas Doida, Head of the Company’s Branch in Africa, after meeting with Togolese Prime Minister, Sélom Klassou. “We mostly discussed energy,” said the...
“Togo can count on the World Bank’s permanent support. We will continue backing its national development plan to foster inclusive growth, by improving business climate and boosting entrepreneurship in the country.” These were the words of Coralie Gevers, the new head of operations of the World Bank in Togo, during a visit in Lomé.  The statement falls in line with a commitment by the...
Announced last March, the third edition of the Made in Togo fair will take place on Friday, July 26, at the Centre Togolais des Expositions et Foires de Lomé (CETEF). The upcoming event, which is sponsored by the ministry of trade and industry, should be the second largest of its kind after the International Fair of Lomé. The theme picked for this edition is “Together, let’s valorize and...
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22/07/2019
The International Finance Corporation (IFC), the World Bank’s arm for private sector, plans to soon invest in micro, small and medium enterprises in Togo, after having financed large firms such as Ecobank, Contour Global and LCT in the country for years. On July 8, 2019, Africa Global Recylcing, a local SME, joined the IFC’s Local Champion Program in this framework. “From now on, our...
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22/07/2019
Last Thursday, Togo was represented at the Donor’s Roundtable Discussion on Investment of WAGRIC Project. At this occasion, the country presented its project to double the N°1 national road. “This should boost economic transactions by easing goods circulation,” said Etsri Homevor, General Secretary at the Togolese Ministry of Development Planning.   Besides this project, two other...
In Togo, a B2B platform was just launched to ease exchanges between the carriers of the 141 bankable projects selected at the recent Togo-EU economic forum (FETUE) and their European partners. “The platform which was put in place with the help of the European Union, will be operational for two years,” revealed Sandra Johnson, coordinator of the FETUE and head of the National Business Climate...
UN Women, the World Bank, PNUD-Togo and some other institutions are planning to organize in Lomé an entrepreneurship forum for Togolese women. Oulimata Sarr, Head of UN Women Africa, Hawa Cissé Wagué, World Bank’s representative resident in Togo, and Aliou Dia, Head of PNUD-Togo, recently met to discuss the project. The event aims at further boosting women entrepreneurship in the country....
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18/07/2019
Tech hubs are on the rise in Togo. From only two in 2016, the country now has 13 of them, according to a recent survey by Briter Bridges which assessed tech industries in Africa. While progress made by Togo is undeniable, the country still lags behind some of its neighbors like Nigeria, Ghana, Côte d’Ivoire, Senegal and Mali. In Africa, Nigeria has the most tech hubs, 85 overall at the...
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18/07/2019
Internet Service Provider (ISP) Téolis says it now covers 80% of Grand Lomé and its surroundings. In detail, the firm, which provides internet to homes, startups and SMEs, covers three main zones of Lomé and its periphery. The first zone goes from Wuiti to Ablogamé. The second goes from Ablogamé to Zopomahé and the last from Adidolokpo to Bernard Copé. Téolis, which launched the service...
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18/07/2019
Instead of €500 million as announced by President Gnassingbé in London recently, the Eurobond that Togo plans on soon issuing will aim at raising €397 million. For this operation, Lomé’s advisor is the French business bank Lazard. The Eurobond which was approved by the International Monetary Fund (IMF) will be guaranteed by the World Bank and Africa Trade Insurance. Proceeds...
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17/07/2019
Transportation startup Gozem recently entered the Beninese market, providing tricycles in Cotonou and Lomé.   This marks the firm’s first step towards its African expansion. While launching the new service, Gozem’s founder, Emeka Ajene, said: “By launching this service, what we provide our customers across the region are safe options at affordable rates for all occasions.” Séna...
 

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