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In Togo, new roads to access the Barkoissi's Agricultural Development Training Institute (IFAD) will be built. Overall, 7.33 km of roads, outside and inside the institute, will be constructed and rehabilitated.
A call for proposals was launched to select six local construction firms to undertake the project. Interested companies have until October 3, 2019, to submit their...
Société Nouvelle des Phosphates du Togo (SNPT) plans to set up, in the framework of its operations, a health-safety-environment-quality (HSEQ) management system.
Some international quality standards the system should meet include: ISO 9001 version 2008; ISO 14001 version 2015; ISO 50001 version 2011; ISO 26 000 version 2010.
The firm has recently launched a call for proposals to...
Various experts of health economy and finance, from 11 African countries, including Togo, are currently holding a meeting in Lomé. The meeting which began on Sept. 23 will last five days and focuses on the quality control of health finances and means to finance this sector across the continent.
The theme of the event which is organized by the World Health Organization (WHO) is "Health...
Over the past year, Orabank Togo's balance sheet total grew by nearly XOF100 billion to XOF632 billion with a net profit of XOF9 billion (up a billion compared to 2017).
Reflecting the lender's growing profitability, the cost-income ratio fell from 60% to 58% in 2018. This improvement, which is paired with that of the net cost of risk, results from a 12% increase of the net banking product...
From 82.9% in 2011-2012, schooling rate in Togo rose by 11% to 93.8% in 2017. The improvement was spurred by the government's recent reforms.
In detail, in 2015, the schooling rate in the country reached its highest level (94.3%) before slightly slumping by 0.5% in 2017.
Among various projects that contributed to the rise are the School canteens and the School Assur projects.
At...
The African Intellectual Property Organization (OAPI), in partnership with the Togolese government, launched last yesterday the "Project for Reinforcement and Promotion of the Plant Variety Protection System at OAPI and its member States (PPOV)."
This "system gives African actors of agricultural sectors exclusive rights over any plant variety they discover or create," sources...
The Global Environment Facility (GEF) Microfinance Program has launched in Togo a call for innovative projects, under its Innovative Programme on Youth and Climate Change.
The call which closes next October 18, will see eligible civil society organizations get up to $50,000 of funding for their projects.
Steered by the UN Development Program (PNUD), the initiative aims to empower...
At the end of last week, the national commission fighting the proliferation of small caliber and light firearms (CNLPAL) destroyed small-caliber weapons and ammunition (obsolete and ceased). This was done in collaboration with the United Nations Regional Center for Peace and Disarmament in Africa (UNREC).
A total of 2,300 arms and more than 10,000 bullets were destroyed.
The initiative...
Twelve local organizations of forest and farm producers will benefit from a financial agreement recently signed by the FAO and five development partners.
Under the agreement, benefiting entities in the country’s central, maritime and plateaux regions will improve their capacities using funding of more than XOF88 million provided by the FAO and the partners.
The initiative falls under the...
The West African Development Bank, the financial arm of the West African States Economic and Monetary Union, has for some years now been fighting global warming through various initiatives.
For example, earlier this year, it organized in Accra the African Climate Week. In 2018, the regional institution also launched a contest to select an innovative project in the renewable energy sector, on the...
From October 14 to 16, the 2019 Africa Code Week will be taking place in Togo. The event was launched last Friday at the ministry of posts, digital economy and technological innovations.
Before that, on September 13 and 14, a training workshop for the concerned trainers was organized.
Launched in 2015 by the German firm SAP (which stands for Systems, Applications, and Products for data...
Moov-Togo and NSIA-Togo have partnered to launch “Zem Assur”, “the country’s very first mobile-based micro-insurance product for taxi-bikes and two or three-wheel drives.” This was disclosed by Moov last Friday.
The insurance can be subscribed via Flooz, Moov’s mobile money service. Insured drivers, in the event of accidents, are taken care of by NSIA which covers first...
Since last Monday, the Alliance for the Promotion of the Port of Lomé (AP2L) has been in Ouagadougou, in the framework of a meeting to boost trade between the port and Burkina Faso. The information was reported by Sidwaya.info.
The meeting which will close today is themed: “Retaining Lomé port’s clientele in Sahel nations.”
Participants of the meeting will discuss ways to...
The West African Development Bank (BOAD) just lent Togo XOF20 billion to partially finance the rehabilitation and asphalting of the n°17 national road, connecting Katchamba to Satori (about 489km north of Lomé).
The loan agreement was signed on September 19, 2019, between Sani Yaya, Togo’s minister of finance, and Christian Adovelande, president of the BOAD.
Besides funding works for the...
In 2018, Togo received $440.3 million of official development assistance, according to Christophe Akpoto, Head of bilateral cooperation. This, he revealed yesterday as the 2018 report on ODA was released.
The amount is 12.9% up compared to 2017 when the funds amounted to $389.85 million.
In detail, most of the monies provided to the country last year came from the World Bank (21%),...
By a decree passed at the recent council of ministers held last Saturday, Togo’s General State Inspectorate (IGE) now has a permanent obligation to control, audit, investigate and promote the good management of public finances.
The institution, according to the same decree, has also been placed under presidential authority. The decision translates the government’s efforts to ensure that Togo...