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The Ecobank foundation is sponsoring the “Sembène Ousmane” award, valued at CFA5 billion, at the Pan-African Film and Television Festival of Ouagadougou (FESPACO) which will end next March 2.
The foundation of the Lomé-based banking group, through the move, supports African film industry as it tries to emerge.
Carl Manlan, Director of Operations of the institution commented on the...
The Dankpen and Doufelgou prefectures, located in the Kara region (more than 450km north of Lomé) now have 79km of rehabilitated rural roads and a new prefectural market.
The infrastructures built under the Community Development Emergency Program (PUDC) were delivered last Wednesday, in the presence of President Faure Gnassingbé.
Financed by Japan (CFA470 million), the new market has modern...
MIFA SA plans on putting in place a database listing the various actors engaged in Togo’s agricultural sector. This aims at structuring agricultural value chains and comes after the listing of investors involved in the scheme at the end of 2018.
Interested actors are thus urged to express their desire to be listed in the database, via mail or by sending their details to the secretariat of MIFA...
A new mini solar power plant has been developed in Kountoum, 415km north of Lomé, in the Bassar prefecture.
The infrastructure which has a low tension small distribution network, will power public lighting system.
It was commissioned Feb 26 under the high patronage of President Faure Essozimna Gnassingbé. This project falls under the government’s strategy to boost access to power in rural...
Togolese populations were recently introduced to the new code on private and state-owned land. This was on the sidelines of the civil society forum on land held last Tuesday, in Atakpamé (161km north east of Lomé).
Participants learned about the new regulation, in order to prevent future land conflicts and improve land management in the country.
The meeting, its second edition, is...
Two and a half years since its launch, the Community Development Emergency Programme (PUDC) helped 96,000 people living in the Maritime and Savanes regions gain access to solar power, via multipurpose platforms.
The scheme’s beneficiaries are spread across 16 localities of the two regions.
Providing modern power services to the populations of these localities, to women especially, helped them...
In Togo, there are more than 36,000 organic farmers, according to the latest survey of the Research Institute of Organic Agriculture (FIBL) on global organic production. This figure represents about 4.83% of all African farmers operating in this field.
According to the same survey, close to 40,000 ha of lands, which is only 1% of lands exploited in Togo, are dedicated to organic farming in the...
The Togo-EU economic forum will focus on promoting seven key sectors, in line with the National Development Plan (PND 2018-2022).
The first sector on which investors will focus is agriculture-agribusiness. This sector contributes 40% of Togo’s GDP and authorities plan over the 2018-2022 period to locally process agricultural products prior to their export.
The second sector is industry. The...
From 2014 to 2018, the percentage of Togolese adults (more than 15 years old) having access to finance institutions grew from 18.3% to 45.3%. Last year’s figure represents almost half of the country’s adult population, according to the World Bank 2018 report on financial inclusion.
The rise, a quite impressive one compared to 2011 where the figure stood at 10%, aligns with a general trend...
On March 4, 2019, Togo will officially launch its national development plan (2018-2022) in Lomé.
Adopted at a ministers’ council, the plan sets strategic goals for economic and social development, but also for growth over the 2018-2022 period. It revolves around three axes ; the first which aims at creating a top-class logistics hub and a business center of reference in the region ; the...
Togo eyes a cashew output of 24,000 tons this year and 30,000 tons in the next four years. This target falls under a program-agreement signed between the government and the sector’s actors.
This program aims at creating more than 200,000 jobs during the period.
The related agreement was signed in the framework of the third cashew sales campaign, launched by the minister of agriculture last...
Togo’s minister of foreign affairs, Robert Dussey, is presently in Apia, Samoa Islands, for the Africa-Caribbean-Pacific (ACP) summit currently being held there.
During the meeting, participants will review the policies put in place by the ACP regions, and also assess how far advanced are talks related to laws regulating partnership with the European Union. These laws should substitute the...
Over the past year, the number of mobile subscriptions and internet users in Togo rose by 12%. This is according to Hootsuite’s latest report in the global digital state.
The surge, in exact figures, correspond respectively to +716,000 subscriptions and +107,000 users. In the first case, the country recorded a total of 6.68 million mobile subscriptions in 2018, which is 83% of the whole...
International Business Bank (IBB), former Banque de l’Habitat du Burkina Faso will enter the Togolese market, and others in the sub-region, in line with its expansion strategy.
The bank’s interest in Togo could be explained by the recent improvements in the country’s business environment. Indeed, many African and global firms have come to the country, thus making its banking sector more...
Motor vehicles are now taxed in Togo. This tax which was part of the former tax code was amended and reintegrated into the new tax regime, Togo’s Revenue Office (OTR) confirmed last Wednesday.
In detail, 85% of the tax proceeds will go to the country’s autonomous road maintenance financing company (SAFER). This tax is imposed on cars, trucks, mini-trucks, road tractors as well bikes of more...
In Hootsuite’s latest global digital report, last year, 6.6% of the Togolese population carried out transactions online.
In detail, this included 5.1% of women living in the country, and 8.1% of men.
While these rates are modest, they are proof of the progress made by Togo in the e-commerce sector over the recent years.
“Also, in the region, Togo is among the first in regards to internet...