Search
Page : 303 - Results of 4833 to 4848 from 6140 Results
A follow-up group for the past Africa-China Cooperation Forum (FOCAC) has been sent to China by the Togolese government, to track potential partnerships and investments for which foundations were laid at the time.
The delegation includes Samuel E. Mivedor, CEO of Togo Invest SA, Patrick Daté Tévi-Benissan, General Secretary at the Presidency, Etsri Homevor, General Secretary at the ministry of...
Nigerian mobility startup Max.ng recently raised $7 million to expand to 10 West African countries, boost its steam and develop in the coming years a transportation and delivery system using three-wheelers.
The money was secured from a group of African and non-African investors, includng capital-risk firm Novastar Ventures and Japanese company Yamaha Motor Co.Ltd. Adding the recent...
Gozem, the first taxi-bike and taxi-car reservation app in Lomé, has recorded since its launch in the city last November more than 100,000 rides. This was revealed in a statement from the startup founded by Nigerian Emeka Ajene.
“We have developed a safe and afforable transportation mode which Lomé’s people enjoy using. We are proud of this and are now aiming for another 100,000 rides, a...
For the third consecutive year, Lomé’s port (PAL) has been recognized by the African Ports Awards foundation as the best transshipping port in West and Central Africa.
The port received the award at the 40th annual council of the West and Central Africa Port Management Association (AGPAOC), held from June 17 to 20 in Lomé.
Besides this, the infrastructure was recognized as the port with the...
A total of 115,880 businesses are currently active in Togo. This figure was disclosed last week by the national statistics institute, INSEED, quoting the latest global business survey carried out across the country.
The survey found that 85.5% of the listed businesses operate in the informal sector.
In details, the Grand Lomé region hosts most businesses operating in the country (63.4%)....
Next Friday, Togo will proceed to a last issuance of fungible treasury bonds on the regional financial market. According to UMOA-securities which disclosed the information, the country will try to raise XOF20 billion through the operation.
The latter will mature over 36 months and its interest rate is 6.25% while nominal value per unit security is XOF10,000.
Subscribed securities will come into...
The portfolio performance for the PASA and PPAAO, two projects financed by the World Bank in Togo, has improved during the first quarter of 2019. This was disclosed by the institution’s representative resident, Hawa Cissé Wagué, on June 20 at a mini-review of projects the World Bank finances in the country.
The representative attributes the improvement to “actions undertaken by all parties...
On June 14, 2019, Lionel Zinsou, Benin’s former prime minister and managing partner at SouthBridge Group took part in a panel entitled “Togo, le centre d’affaires, d’investissement et de la haute finance émergente d’Afrique de l’Ouest” (Togo : The emerging business, investment and high finance hub in West Africa). This was on the second day of the first Togo-EU economic forum...
More than 1,000 participants, and 141 bankable projects for which XOF852 billion were mobilized and six billion for the PND’s key projects. These are the highlights of the recent Togo-EU economic forum (FETUE) that took place in Lomé on June 13 and 14.
They were confirmed Wednesday at a press conference reviewing the event.
Besides investment promises, talks at the forum revolved around...
The European Union (EU) is sealing with AfDB a deal to back the CIZO rural electrification project in Togo. The information was disclosed June 19 by Bruno Hanses, Chargé d’Affaires of the EU delegation in Togo.
This would make the project the first effective beneficiary of the Togo-EU economic forum recently held in Lomé. It should be noted that nearly 10,000 households have been provided...
In Togo, the agricultural financing incentive mechanism (MIFA) is in talks with Edem Bessanh, founder of the Champiso drinks startup.
As the startup seeks XOF650 million to industrialize, “it is discussing with local partners such as MIFA which is ready to support the process. The MIFA is already working with us and talks are ongoing,” Bessanh tells Togo First.
If the talks are...
The ECOWAS development and investment bank (BIDC) plans to invest XOF1.5 billion in Diwa Industries, a Togolese firm specialized in industrial production of gas bottles, metal packaging and accessories.
The funds will be part of monies raised through a bond issuance. The latter launched last May 28 will close on June 26 and aims at securing XOF25 billion.
In detail, 2.5 million securities, with...
The ministry of justice announces a roadshow around the country to present a legal guidebook for land disputes.
This guidebook, elaborated to fight against land insecurity, contains 55 FAQs that clarify real estate laws.
For instance, this guide informs that land deeds obtained fraudulently or by irregular means could be invalidated. It also indicates that in case of conflict involving two land...
Today June 18, 2019, a delegation of the ministry of agriculture has started a roadshow in the Plateau region (about 174 km from Lomé). The goal of this roadshow led by agriculture minister Noël Koutera (photo) is to meet with local farmers, processors and the ministry’s representatives in the region.
During the roadshow, the delegation will visit farms, take part in consultation meetings to...
Togolese President Faure Essozimna Gnassingbé chaired today June 18 the official inauguration of the Alternative Education Institute for Development (IFAD) of the town of Elavagnon, located 235 km from Lomé, in the prefecture of East-Mono.
This vocational center, dedicated to aquaculture promotion, aims to train students under the country's new agricultural policy and Axis 2 of the National...
In its Global Peace Index 2019 (GPI), the Institute for Economics and Peace IEP observed that socio-political unrests in Togo over the 2017-18 period cost the country about XOF378 billion, or $646.9 million. This makes 5% of the national GDP.
Togo dropped 9 places in the ranking, compared to 2018, now being the 108th most peaceful country in the world. It gets same score level as Côte...