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A team regrouping agents of the Technical Support and Counselling Institute (ICAT) and the Coffee-Cocoa Technical Unit (UTCC) are currently touring coffee and cocoa plantations in Lavié, Kpélé, and Danyi, in the Plateaux region.
The team, which started its tour at the beginning of this week will assess the impact of the Agriculture Support Project (PASA) on the creation of cooperatives...
One and a half tons of cannabis. That is how much of the drug was intercepted on June 9-10, 2020, by the Togolese customs office.
The illegal goods, which were presented to the media on June 16, by the Togolese Revenue Office (OTR), was seized aboard a 15-seater minibus at the Hihéatro customs checkpoint, about 151 km from Lomé. The vehicle was coming from Kpalimé and was headed to the...
The United Nations Industrial Development Organization (UNIDO) plans to raise $2.5 million in the weeks to come to support Togo to restart its economy after the coronavirus-induced sanitary crisis.
In effect, the money will be used to boost the production capacities of SMEs, incubators, artisans, and farmers. The main motive behind the move is to support local processing of...
In Togo, the National Commission for the Fight against the Proliferation of Light and Small Caliber Weapons (CNLPAL) is planning some rehabilitation works.
To this end, the institution, which is attached to the Presidency, seeks the expertise of female and young entrepreneurs. Interested firms must submit their bids to the Presidency by 14 July 2020. Five firms will be selected to carry out the...
Starting September 1, 2020, the elaboration of the report on transparency in Togo’s extractive industries (ITIE) for 2019 will begin.
In this framework, authorities have launched the process to recruit a consultant to undertake the task. Interested parties have until June 30 to manifest themselves.
The hired consultant will have three months to write the report which will contain...
Throughout May, prices of maize, millet, and sorghum in Togo were stable. This should continue in the coming months, especially in these three sectors and that of rice according to the latest economic outlook for Africa’s cereals market.
Moreover, the Togolese food security agency (ANSAT) restarted “collecting white rice with organized cooperatives to tackle pockets of food...
Transportation fares have not been reduced in Togo. The rumor circulating on social networks over the past few days was denied by the government.
The claims are “purely manipulative,” reads a joint statement issued by the ministry of transport and the ministry of trade and promotion of local consumption. “Tariffs for transporting people and goods in the country are the same set by...
The third international conference on social businesses and corporate social responsibility (CIESRES’20) will take place virtually, on June 29 and 30, 2020.
This year, the theme picked for the event is Social entrepreneurship and CSR: Concrete solutions to challenges and for innovation. Participants will include, as usual, advocates of the social solidarity economy (SSE), politicians,...
Lomé prepares to invest XOF46 billion in the PERECUT project (Programme d’Extension de Réseau Electrique dans les Centres Urbains du Togo). The latter aims at expanding the power network across the country’s urban centers.
The funds will be mobilized with the help of technical and financial partners including Agence française de développement (AFD), Germany’s Kwf, and the...
Clinker dealer Wacem-fortia has been allowed to sell its products in the Togolese customs territory “up till the demand of cement factories are met.”
The company was approved by the order of President Faure Gnassingbé. According to the local newspapers L’Union Pour la Patrie, the order lifted the 30% limit that companies operating in the free-trade area are allowed to sell in...
Banque de Développement du Mali (BDM) will be entering the Togolese market soon. According to the BCEAO’s latest updates on banks in the WAEMU, the lender obtained approval to set up a subsidiary in the country.
Among others, the update recalls that African Lease Togo - ALT- has also secured its accreditation to operate as a bank (via a ministerial decree issued on August 16,...
Under the second part of the Decentralization Support Programme (PAD 2), five Togolese municipalities will soon get economic and/or administrative infrastructures.
In line with the same project, the Lagbonou market in Aneho will be cleaned. Similar works should be carried out in Sotouboua (Sotouboua1) and Dapaong (Tone1). Moreover, a commercial center will be built at the...
The Togolese government should soon take concrete steps to help private schools cope with the Covid-19 crisis.
One of these steps includes “postponing for 3 to 6 months all tax payments for private schools,” PM Komi Sélom Klassou recently said.
Also, “the minister of economy and finance will discuss with banks so that they keep backing founders.” While further details...
The government’s decision to provide free electricity to the poorest in April, May, and June 2020 will cost it more than was expected.
According to sources at the ministry of mines and energy, the exact amount is around XOF6 billion, which is nearly one billion more than initially estimated (5.1 billion for the three months).
The measure in effect exempts the payment of bills for...
For its 2019 financial year, Oragroup reported a net income of XOF18.327 billion. This is 46.7% more than the year before where the bank reported a net income of XOF12.491 billion.
The figure was published as part of the lender’s latest financial statements, released ahead of its next general assembly scheduled for June 29, 2020.
Out of the amount reported, dividends that will be...
last Friday by Mazalo Katanga, managing director of the national agency for grassroots development (ANADEB) during a press conference.
“Novissi has ended but public policies are thinking of other ways to help populations,” Katanga said. The decision to halt the program follows the lifting of the curfew and lockdowns imposed to curb the spread of covid-19.
Let’s note that the...