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From April 13 to October 13, 2025, Togo will promote its culture and economic potential in Japan at the Osaka World Expo.
The Togolese pavilion, already open, showcases the country’s handicrafts, biodiversity, royal traditions, and iconic landscapes. The exhibition also emphasizes Togo’s ongoing economic transformation, focusing on infrastructure development, digital technology, sustainable...
The West African Development Bank (BOAD) closed the 2024 financial year with a net profit of CFA39.402 billion, against CFA36.453 billion in 2023, or 8.09% up year-on-year. The Lomé-based institution reported the performance in a press release dated April 7, 2025, after the Council of Ministers of the West African Monetary Union (WAMU) validated its accounts.
According to the source, BOAD's...
Togo needs around $14 billion (around CFA8,320 billion) by 2050 to address climate change challenges. The World Bank forecast the need in a recent report on climate-resilient development trajectories. This figure highlights the immense structural challenges the West African nation faces as it grapples with the effects of global warming.
Climate Investments Demand 6.2% of GDP...
The SEPHIS Foundation aims to mobilize CFA1 billion to support 125 women-led SMEs in Togo. Séphora Kodjo, Chair of the Foundation’s Board of Directors, reaffirmed this goal during a meeting with Prime Minister Victoire Tomégah-Dogbé on Friday, April 4, 2025.
Kodjo stated that various packages, ranging from five to a hundred million CFA, will be allocated through partnerships with the...
Lomé's Authorized Customs Agents (CDA) began an intensive training session on Monday, April 7, 2025. The Union Professionnelle des Agréés en Douane du Togo (ed. note: Togo Professional Union of Customs Agents)(UPRAD-Togo) organized the three-day event.
The session focuses on "Optimizing CDA customs skills for better professional performance." It aims to review the profession's...
From May 15 to 17, 2025, Lomé will host the first International Festival of Local Economic Development (FIDEL). The event is orfanized by two NGOs–Initiatives des Jeunes pour le Développement (IJD) and SIM-Afrique–and backed by the Global Entrepreneurship Network (GEN). The festival aims to mobilize local resources for the Togolese authorities.
The FIDEL will gather local officials,...
Togolese President Faure Gnassingbé is poised to take on a critical role as the African Union’s (AU) new mediator in the ongoing conflict between the Democratic Republic of Congo (DRC) and Rwanda. The nomination, proposed by Angolan President João Lourenço, was endorsed by the AU Assembly's Bureau during a virtual meeting on April 5, 2025.
Lourenço, who recently stepped down as mediator to...
Togo’s first issue on the West African Monetary Union (WAMU) market this quarter is scheduled for April 11. Lomé will seek CFA20 billion by issuing fungible treasury bills (Bons Assimilables du Trésor in French).
In detail, the BAT will have a face value of CFA1 million and maturities of 182 days and 364 days with varying interest rates. Proceeds will finance the country’s 2025 budget,...
Togo officially launched its eighth National Festival of Traditional Dances (FESNAD) on April 3, 2025, in Kara. Governor Adjitowou Komlan presided over the ceremony, reaffirming the country’s commitment to celebrating its rich intangible heritage.
The Ministry of Communication, Media, and Culture, through the Department for the Promotion of Arts and Culture, supports this major cultural event....
Togo’s Gnassingbé Eyadema International Airport (AIGE) welcomed 1,506,946 passengers in 2024. Disclosed under the Ministry of Economy and Finance's budget execution report, the figure is 6.2% higher than in 2023, when the facility welcomed 1.4 million travelers. It is higher than the government’s forecast for 2025, 1.5 million passengers.
The growth is fueled by expanded air networks,...
In a regional context marked by subtle monetary tensions, Togolese banks are adopting a cautious approach. As of February 2025, they have accumulated bank reserves of CFA164.9 billion, significantly exceeding the regulatory requirement of CFA66.7 billion. This surplus, amounting to CFA98.2 billion, represents a reserve ratio of 2.47—among the highest in the West African Economic and Monetary...
In Togo, a bold initiative is reshaping the tech landscape for women. Togolaises In Science (TIS), a business club focused on empowering women in Science, Technology, Engineering, Mathematics (STEM), officially launched at the Onomo Hotel on March 29, 2025. The network seeks to close the gender gap in science and technology while showcasing female expertise in Togo and its diaspora.
Djamila...
Togo is breaking into Africa's elite technology hubs for investors as 2025 begins. The platform Africa: The Big Deal ranks the West African nation among the top five African countries where startups secured the most funding.
Gozem, a Togo-based scale-up specializing in mobility and financial services, drove this achievement with a $30 million fundraising effort.
Togo's rise stands out...
During the first three months of this year, 4,262 new businesses were registered at Togo’s Center for Business Formalities (Centre de Formalités des Entreprises–CFE). Year-on-year, the figure is down by 5%.
Nationals led the charge, accounting for 81% of new business start-ups. Women played a significant role, making up 28.6% of these new ventures.
January was the busiest month for...
President Faure Gnassingbé of Togo attended the Global AI Summit on Africa in Kigali, Rwanda. The two-day summit, held on April 3 and 4, convenes political leaders, tech experts, and investors to discuss Africa’s role in the artificial intelligence (AI) economy.
The event’s theme was Artificial Intelligence and Africa's Demographic Dividend. It was co-organized by the Centre for the Fourth...
On April 2, 2025, U.S. President Donald Trump announced a new wave of customs duties targeting imports from several African countries, including Togo. Togo will face a basic tariff of 10% on all its exports, effective on April 5, 2025.
This measure will particularly impact Togo's agricultural exports, such as coffee, cocoa, shea butter, and soya beans, which are crucial under the African Growth...