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The Central Bank of West African States (BCEAO) cut its key interest rate to 3.25% on June 4 to stimulate growth in the WAEMU region.
The Monetary Policy Committee, led by Jean-Claude Kassi Brou, lowered the rate by 25 basis points during its meeting in Dakar.
The bank aims to support the region’s economic rebound, expecting growth to hit 6.4% in 2025, up from 6.3% last year.
BCEAO also cut...
The International Organization of La Francophonie (OIF) launched its “D-CLIC” digital training program in Aného, southern Togo.
The incubator CUBE runs the program locally. It targets young people and women aged 18 to 35 in the Lacs prefecture.
The program teaches practical skills in web development, digital communication, and managing online communities.
The training takes place at the...
DYK Audit & Advisory, a leading Togolese accounting, audit, and consulting firm, will serve as the statutory auditor for Ecobank Group for the next six years. Ecobank’s General Assembly, held on May 28, 2025, in Lomé, approved the appointment.
Dr. Yawo Félix Djidotor, a certified public accountant and senior partner at HLB Togo, will lead the audit. Djidotor holds an Executive...
The Trump administration has imposed partial entry restrictions on Togolese nationals, effective June 4, 2025. The policy affects seven countries facing tightened visa rules, citing persistent weaknesses in traveler screening and high visa overstay rates.
The White House highlighted Togo’s 19.03% overstay rate for B1/B2 visas and 35.05% for F, M, and J visas in its Overstay...
The University of Lomé is stepping up to contribute to Togo’s food security efforts.
On June 2, 2025, the university signed a partnership with the National Laboratory for Food Safety and Phytosanitary (LaNSA). They plan to combine academic know-how and technology to improve the quality and safety of agro-food products.
The partners will create a technical committee to steer the project. The...
Togo is about to join the Pan-African Great Green Wall initiative. Officials confirmed this on May 28, 2025, during the project validation meeting held in Lomé.
Juan Carlos Vasquez, the United Nations Environment Programme (UNEP) representative, confirmed the news after meeting with Togo’s Environment Minister, Foli Bazi Katari.
“The membership process is almost complete,” Vasquez said....
The African Development Bank (AfDB) has agreed to help Togo raise €200 million through a partial guarantee. The two partners announced this on June 2, 2025.
The arrangement will enable Togo to secure funding from international commercial lenders, including Legal & General (L&G) and Deutsche Bank.
The 20-year sustainable loan will finance projects focused on climate change...
Pan-African banking group Ecobank has been named “Best Bank in Africa 2025” by Global Finance magazine, the company said on Tuesday. The recognition came during the 32nd edition of the World’s Best Banks Awards.
Two Ecobank subsidiaries, in Togo and The Gambia, also received awards as the best banks in their respective countries.
A panel of financial analysts, banking consultants,...
Togo has officially started renewing its Independent National Electoral Commission (CENI) on June 2, 2025. The National Assembly opened the candidate submission period, which will run until June 13.
The renewal targets five members: three from the extra-parliamentary opposition and two from civil society. Political parties outside the National Assembly and civil society organizations must submit...
The Togolese Ministry of Economy and Finance recently warned about a scam spreading on social media. The ministry exposed a fake note dated May 25, 2025, falsely claiming to launch “online investment sessions” linked to a supposed investment level chart.
The ministry categorically denied any involvement in this scam. The authorities labeled the note a deliberate digital fraud designed to...
Togo kicked off its 2025 national reforestation campaign on June 1. The government allocated CFA11.18 billion to the initiative, the Ministry of Environment confirmed through Togo Presse.
Under the campaign, the government plans to reforest 34,563 hectares by planting 37.71 million seedlings of different species. On day one, officials reported planting at least 2 million young trees.
This...
Togo aims to train 50,000 students every year in artificial intelligence, coding, and digital English. The government started a pilot program this year at the University of Lomé, enrolling 1,500 students in the first phase of the project.
Officials say the program will equip young Togolese with essential digital economy skills. It supports inclusion and transforms the country’s...
About 30 Togolese and Turkish entrepreneurs gathered in Lomé on May 27 for the Turkey-Togo Business Forum. The World Cooperation Industries Forum (WCI Forum) organized the event to boost economic cooperation between the two countries.
Business leaders from sectors like food processing, electrical appliances, construction, agriculture, textiles, industrial materials, and cosmetics discussed...
The Togolese government struck a new deal with the International Monetary Fund (IMF) following the second review of its economic program under the Extended Credit Facility (ECF).
After weeks of talks in Lomé and Washington, both sides reached a “staff-level” technical agreement. This deal clears the way for a $58.4 million disbursement (about 44 million Special Drawing Rights),...
Togo produced 60,403 tonnes of seed cotton during the 2024-2025 season, down 9.8% from 67,000 tonnes in the previous season. The recent output was also 8.4% shorter than the initial forecast of 66,000 tonnes. The figures were disclosed by the Nouvelle Société Cotonnière du Togo (NSCT) during the sector’s national review meeting in Kara on May 28, 2025.
Industry insiders attribute the drop...
Togo postponed its municipal elections from July 10 to July 17, 2025. The Ministry of Territorial Administration announced the change on May 29, citing a presidential decree.
The delay, the Ministry explained, was requested by political parties, especially the opposition. They wanted more time to prepare properly.
The Ministry had also extended the deadline for submitting candidacies. It moved...