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With Terreau Fertile, a local association, Togo’s chamber of commerce and industry (CCIT) will organize the first edition of the Investment Revalorization and Trade Promotion Fair (FERIN in French).
The fair which is scheduled for Oct. 10 and 11, 2019 will be held in Lomé, the capital. In its framework, a communication and sensitization meeting was organized last Wednesday at the CCIT.
The...
The Japan International Cooperation Agency (JICA) just launched, within the African Business Education for youth framework (ABE), a masters and internship scholarship program for young Togolese.
The scholarship, according to JICA, aims to support youth who are eager to contribute to African development. This program also serves as a bridge between Togo and Japan.
This will be a 1-2 year...
Last year, Togo made XOF1.5 billion exporting pineapples. This is 50% more than in 2017, the Central Bank of West African States (BCEAO) reveals in its latest report on external trade within the WAEMU.
The increase was driven by a rise in output from 1,900 metric tons in 2017 to 3,300 tons in 2018 (+73.6%). This is a trend the sector has been recording since 2014, at the exception of 2016 when...
Last Tuesday, a workshop on how to develop and expand solar power production and ease access to clean energy opened in Lomé, Togo. The meeting is an initiative of the Togolese ministry of mining and energy, and the International Solar Alliance (ISA).
Six countries gathered at the roundtable, namely: Benin, Burkina Faso, Gabon, Mali, Niger and Togo.
In effect, these nations are working...
Togo’s government will rehabilitate some mines and quarries under its mining governance and development project (PDGM).
Lomé plans on having a guide dedicated to the project and has actually just launched, through the ministry of mines and energy, a tender to hire a consultant for it.
In effect, the hired consultant will visit some active mines and quarries, meet with surrounding...
Togo has been invited to attend the fifth Invest in Africa Forum that will take place on September 10-12, 2019, in Congo Brazzaville.
This was during a meeting between President Gnassingbé and Jean Jacques Bouya, president of the forum’s organization committee.
“For investments to grow across the continent, we must ensure that trade increases and I believe that is a matter which is dear to...
On September 3, the Informal Sector Organization Delegation (DOSI), began a 10-day workshop for business consultants and trainers associated with the national project to promote entrepreneurship in rural areas (PNPER). The training session is taking place in Tsévié, 36km from Lomé.
The meeting which is backed by the International Labour Bureau (ILB) aims to boost capacities of participants...
Recently, Nigeria closed its borders with Benin. One of the reasons advanced by the West African giant to explain the move is its desire to end massive smuggling of products like rice to its neighbor. According to President Buhari, this jeopardizes Nigeria’s hardly achieved food sufficiency.
The door between Nigeria and Benin (the Sèmè border) being on the Abidjan-Lagos axis which also...
Over the past decade (from 2008 to 2018), Togo’s share of exports in the West African Economic and Monetary Union (WAEMU) slumped by 5% average per year. From 5.6% in 2008, the figure fell to 3.3% at end-2018, its lowest since the 2008 global financial crisis.
Despite the fall, compared to other WAEMU States, Togolese exports have actually risen slightly over the period reviewed.
It should...
For the Carrier Hotel which is to be built in Lomé, the government of Togo has decided to trust the position of prime contractor to APL, a French firm with a 30-year experience in the establishment of data centers.
Under the contract, the company will be the prime contractor while the construction will be carried out by a local firm, BTP Centro. CFAO Technologies & Energy will handle the...
To date, only 10 African countries have taken effective steps to accelerate the operationalization of the Open Sky Continental project. This is in a context where Africa’s aviation industry remains one of the least performant worldwide, mainly as a result of a protectionist trend recorded across the continent.
To boost African aviation, last year, Togo’s President, Faure Gnassingbé, took...
Togo’s Revenue Office seeks a firm that will build it an App to assess the state of used vehicles arriving in the country. An international tender was launched in this regard.
In effect, the hired firm will conduct conceptual study for the App, its development and project, as well as skills transfer subsequently.
Interested companies can apply either individually or in groups. Closing date...
On September 2, Togo’s public procurements regulatory organ started in Lomé workshops to equip young Togolese entrepreneurs regarding the government’s measure of setting aside 25% of public procurements for them.
This is measure aiming to allow more young men and women to have access to public procurements while also bolstering their entrepreneurial spirit. This is in a context where...
Togo’s Revenue Office (OTR) recently informed decentralization actors and local elects about available fund mobilization instruments for their activities. This was last Saturday, at the Decentralization Night organized by NGO IJD in Lomé.
There are two main tax tools serving these parties. There are namely the housing tax and the TPU. While the first is fully repaid to local communities, 90%...
Within the West African and Monetary Union (WAEMU), Togo and Senegal have the most diversified exports. This was disclosed by the West African States Central Bank (BCEAO), in its latest report on external trade.
On the other end, the country with the least diversified exports is Guinea Bissau. Cashew dominates (95%) the country’s exports.
Concerning Togo, its main exports are phosphate,...
Togo Revenue Authority (OTR) plans to build a datacenter for an estimated XOF970 million. This facility will enable the institution in charge of mobilizing tax and customs revenue in Togo to store, process or distribute data remotely.
Planned under the Tax Governance Support Project (PAGFI), the construction of this datacenter will be conducted in two phases. The first, won by the Tunisian...