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Nearly 100,000 actors operating in the road transports sector must be trained and professionalized, data from professional associations and syndicates reveals.
In detail, this includes more than 95,000 drivers transporting people and goods, nearly 1,000 recognized intermediaries, about 2,600 owners of transport firms or entities, and 60 driving schools officially accredited by the...
Kara Agropole Project : Various key actors are being trained to help boost the capacities of farmers
A training workshop was started on Monday in Kara, in line with the launch of an agricultural hub in the region.
The workshop is part of various activities initiated under a field visit of the Saemaul Foundation. It concerns agricultural advisors of ICAT, community leaders and Saemaul's staff.
After the training, these actors will, in turn, help boost the capacities of farmers and...
Cameroon wants to learn from Togo and Côte d'Ivoire to improve its ranking, relative to the business climate, on the next Doing Business report. The two countries the central African nation wishes to emulate were respectively first and second on this ranking in the Franc Zone.
Cameroon's decision was reported in a statement from the National Employers' Association - GICAM. The latter...
The United Nations System (UNS) signed yesterday with Togo a five-year cooperation agreement for the development of the West African economy.
Estimated at around XOF72 billion, actions planned under the new agreement target four key areas: youth and women employment and entrepreneurship, access to sustainable resources and decent living standards (for the population), equal access to basic...
Togo plans to organize next year, in partnership with South Africa, a business forum in the latter. The project was mentioned last week by President Gnassingbé, during a meeting with his South African counterpart, Cyril Ramaphosa, in Lomé.
"I hope that in the coming months, we can organize a business forum in South Africa to present investors the opportunities available in our...
Despite its moderate over-indebtedness profile, Togo is the country with the lowest external debt ratio in the Umoa, according to a BCEAO study published last week.
While overall public debt is struggling to fall below the EU's 70% mark, its external debt represents only 19.2% of GDP, down two basis points from a year earlier.
Togo is the least exposed to exchange risk in West Africa since its...
From now till December 31, 2019, the Togolese Revenue Office (OTR) is offering a 40% discount on clearance of cars and undelivered goods. Economic actors, accredited customs agents, consignees, importers, and exporters may benefit from the measure.
The latter, let's note aims to boost the clearance of concerned goods, as part of a scheme launched last year by the OTR, and ended last...
Togo's water utility, Togolaise des Eaux (TDE) is in talks with various banks to adopt online payment of bills and quotes. This was disclosed by sources close to the Business Climate Cell.
Once effective, the utility will be the third public company, after the Revenue Office (OTR) and the National Social Security Fund (CNSS), to adopt e-payment.
Let it be recalled that a few months ago,...
The Togolese government has decided to establish a national order of engineers. It will serve as a bridge between these professionals and public policies.
The related draft bill was adopted yesterday, during a ministers' council held the same day.
The national order of engineers will make sure that engineers working in the country meet quality standards and ethics imposed in the...
Ahead of its 60th anniversary next Dec. 12, the National Aviation Security Agency (ASECNA) has inaugurated three technical facilities to improve its operations.
The facilities include a regional centre for air traffic (CCR), a weather observation station, a fire station. Also, in the framework of its anniversary, the agency is organizing open houses, started last Wednesday and closing...
The Kekeli Efficient Power thermal plan, located in Lomé, should be operational by the end of 2020.
In detail, the first operational phase was launched last June. Upon its completion, expected in Q3 2020, the plant should have a production capacity of 47 MW using a gas turbine. In the second stage (scheduled for Q3 2021), a steam turbine with a capacity of 18MW will be added. This...
All banks operating in Togo should soon each have their tax and customs e-payment platforms. It was disclosed by the Togolese Revenue Office (OTR) on December 4, 2019, after a meeting gathering all heads of the lenders.
Through the move, the OTR and its partners will ease the online payment of taxes by medium and large companies.
Let's recall that the reform has already been implemented...
The West African Economic and Monetary Union (WAEMU) will release approximately $100 million (XOF50 billion) for Burkina Faso, Mali and Niger to better fight terrorism.
This was disclosed yesterday by Abdallah Boureima, Chairman of the WAEMU Commission. This was just after the 22nd extraordinary session of the Conference of Heads of WAEMU States.
The funds are part of a larger amount...
In 2019-2020, the European Union (EU) will grant €33 million (about XOF21.6 billion) to Togo's public treasury.
From this amount, €17 million should be disbursed for 2019. Overall, the grant will support the government in implementing reforms relative to the management of public finances, decentralization strategy, business climate's improvement, and the national...
The International Association of Treasury Services is holding its 13th annual conference in Lomé at the moment.
The focus of this meeting is the control of accounting risks. The reason for this topic is that "no matter the country, level of growth or the level of implementation of reforms, our financial administrations are usually exposed to many risks, whose nature, probability of...
The gross enrolment rate in Togolese primary schools was 126.8% last year. According to the government which disclosed the figure, this is far above the rate recorded in 2008 - 98% - but still below the 150% peak in 2015-2017.
The increase over the past decade was driven by more children getting enrolled in pre-school (150,000 in 2018 against about 86,000 in 2013). Enrolment levels in...