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This year, ten young Togolese, six women and four men, were selected to benefit from the Mandela Washington Fellowship – YALI launched by former US President Barack Obama in 2014.
The youth will be trained over a six-week period at some of the biggest US universities. The courses, which combine theory and practice, are in the following category: business and entrepreneurship, civic engagement...
The Togolese government adopted a bill for a new investment code. This was during a council of ministers held yesterday, May 29.
The move aims, the ministers say, to “make the country’s legal investment framework more appealing to investors and steer their actions so as to achieve a strong and robust economic growth, enhancing job and wealth creation at economic and social levels.”
The...
A second edition of the “Nos Produits 228” catalogue, dedicated to “Made in Togo” products, was recently issued by the organization for food and local development (OADEL).
The 146 pages catalogue aims at getting Togolese consumers more interested in local products. It features food by category such as breakfasts, flours, alcoholic and non-alcoholic drinks, etc. The first edition of the...
SMEs and SMIs willing to benefit from the WAEMU SME/SMI support program must meet specific criteria.
They must be autonomous, produce goods or market services, be registered at the Trade and Personal Property Credit Register (RCCM) in any of the WAEMU member states, or any equivalent register.
Moreover, in line with legal standards in effect, the firms must provide their financial statements, a...
There will be 34 speakers at the Togo-EU economic forum which will be held in Lomé next June 13-14. This was recently disclosed by the event’s organization committee.
Besides local speakers (both officials and private actors), there will be representatives of the UN, IMF, and the European Union, amongst others.
Among local speakers are Kodjo Adedze, minister of trade and private sector,...
Last Monday, Togolese minister of mining and energy, Marc Ably-Bidamon, met Alibaba’s vice president, Brian Wong, to discuss a possible reinforced trade partnership between the two parties.
This was on the sidelines of the New Economy Workshop’s launch in Hanghzou, China. Ably-Bidamon gave Wong a letter from president Gnassingbé inviting Alibaba’s founder, Jack Ma, to Togo for a working...
Technology Innovation Agency (TIA) and Wave International, two South African firms, are interested in the Togolese market. Indeed, representatives from the two companies were recently received by President Faure Gnassingbé.
TIA leverages sciences and technology to advance industrial development and boost youth employment in SA while Australia-based Wave International is a private investment...
Signed about a year ago, the partnership between French energy firm EDF and Lomé-based pan-African company Energy Generation has yielded its first results.
Concretely, EDF taught, under a program named “Women and Solar Entrepreneurship,” about a hundred women from Togo, Ghana and Côte d’Ivoire, techniques related to the installation and maintenance of off-grid solar systems. “The...
For the new cotton campaign launched last Thursday in Kara, Togo eyes an output of 150,000 tons after it barely missed its forecast for the recently ended season (140,000 tons).
In 2018/19, the country produced 137,255 tons of cotton for a yield of 764 kg/ha, up 17% compared to the season before.
Over the past season, nearly XOF24 billion were paid to farmers based on prices set at the...
Fourteen young Togolese public officers are now at Alibaba’s headquarters in Hangzhou, China, for the 3-day New Economy Workshop.
The workshop was opened yesterday, by Togo’s minister of mines, Marc Ably-Bidamon, and Brian Wong, Vice President of Alibaba. It is part of the Chinese tech giant’s e-commerce promotion and incubation program.
The Togolese participants will learn about...
The Kara agro-hub will have poultry slaughterhouses with a processing capacity of 1,000t-1,500t per hour, at peak production levels.
The agro-hub which is yet to be operational will also be equipped with poultry transformation and conditioning facilities. The hub’s hatcheries are forecast to produce nearly three million broiler chicks per year.
At its cruise phase, yearly processing...
In 2017, Togo’s goods exports amounted to $982 million, a recent commodity and base products report by UNCTAD revealed.
This amount is lower than the average recorded by the country over the 2013-2017 period, knowingly $1,175 million.
In details, the share of base products in goods exports two years ago was 72%, corresponding to $706 million. Average from 2013 to 2017 is...
Starting from 2020, ads will be displayed on WhatsApp users’ status. This was announced by Facebook which owns the app (which it acquired in February 2014 for $19 billion) used by more than a billion people daily, in more than 180 countries.
The Silicon Valley giant however emphasized that the app’s users will have the choice to watch an ad or not, adding that these ads will be as less...
Five weeks. That is how much time tech entrepreneurs from Togo and other African countries have left to apply for the 2019 Africa Netpreneur Prize Initiative, launched last March by the Jack Ma foundation.
Deadline of application is June 30 and the event will reward the continent’s ten best tech entrepreneurs of the year. Winners will share a $1 million grant funding equally.
Launched in...
Under its expansion strategy, the International Conference of African States on Insurance and Reinsurance Supervision (CICA-RE) plans on raising its capital from XOF30 billion to XOF50 billion by 2020.
To this end, the institution will seek out big investors. It should be noted that its actual stakeholders include member States, insurance and reinsurance firms, as well as financial institutions....
On June 4, 2019, those who subscribed to the 2013-2019 bond issued by Lomé-based Oragroup will receive quarterly interests. The lender will partially reimburse capital, a statement released by the Bourse Régionale des Valeurs Mobilières (BRVM) on 23 May 2019, stated.
The XOF15 billion public offering was stipulated at a gross annual rate of 6.75%.
From October 30 to November 29, 2013, the...