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Koffi Edem Agbeko (pictured, right) won first award at the Logex Digital and Innovation Exhibition, held last month in Lomé. A prize that the young man from Atakpamé (161 km from Lomé) won with his solar bag prototype. The systems, capable of powering a 5-watt bulb, aims to provide students in non-electrified areas with access to light.
Projects that won the 2nd and 3rd awards are,...
Togo plans to install 240 km of high-voltage lines and 23 distribution substations in the coming years. The information was revealed during the 7th Tokyo International Conference on African Development (TICAD7) by Adjadi Shegun Bakary (pictured), Energy Advisor to the Togolese Head of State Faure Gnassingbé.
The project is expected to boost the electrification rate in the country, which...
Ecobank Transnational Incorporated (ETI), the Lomé-based pan-African banking group closes the first half this year with a net result of $164.75 million. Compared to the same period last year when the net result was $168.54 million, this makes a 2% decline.
However, with regard to the fluctuations of the US dollar to XOF rate, this makes a slight increase to XOF95.66 billion from...
Togo intends to focus on cashew processing to boost the performances of this sector and related exports.
In this regard, last Wednesday, President Faure Gnassingbé discussed with top management of Japanese firm Export Trading Group to set up in Togo an industrial cashew processing plant.
According to credible sources, the Asian firm will help local authorities set up the infrastructure....
Will Japan help Togo grow its port potential? This may very well be the case considering conclusions of TICAD7.
Indeed, last Friday, after exiting a meeting with Togolese President, Faure Gnassingbé, Masahisa Sato, Japan’s minister of foreign affairs highlighted how important are Togo’s ambitions to become a port country, adding that Tokyo was ready to support the West African country in...
In Togo, the 161kV high tension line project is advancing well. Indeed, nine out 17 firms that applied to conduct the project were recently pre-qualified for its two components.
It must be noted that no local firm was among applicants to the project which covers the Dapaong-Mango area and should lead to the electrification of 43 rural communities. It also aims at sustaining power supply in...
The Ministry of Trade plans to implement measurement units of the International System (SI) in the framework of trade transactions in the country. A workshop was held last Thursday to validate the move.
At the moment, sales of agricultural, fishery and hunt products is done using unconventional measuring units such as bowls and heaps, which are not precise. As a result, both producers and...
Togo produced during the 2018-2019 agricultural season 886,630 metric tons of maize, making it the country’s first food crop.
According to the Office of Agricultural Statistics which disclosed the data, nearly a million and half people cultivate the crop.
In addition to being consumed by households (rural and urban), maize is also a major source of income. Indeed, it generates a net average...
Over the past two days, actors of the telecom sectors and regulators of this industry from Benin, Burkina Faso, Côte d’Ivoire, Guinea, Mali, Senegal and Togo gathered in Guinea for the third Free Roaming evaluation meeting.
On this occasion, participants assessed what didn’t work out with the agreement signed in 2016 to cancel roaming fees between these seven countries, and what can be done...
Maize, Rice and Cotton. These are the three agricultural sectors that are most insurable in Togo.
This was disclosed by a recent feasibility study conducted in order to put in place agricultural insurance for Togolese farmers.
The report of the study ordered by the ministry of agriculture and steered by MIFA SA was reviewed on August 29, 2019, in Lomé, at a meeting which regrouped actors of...
Through a new tender issued last Wednesday, Togo yet seeks to raise XOF20 billion on the UMOA-securities financial market by next September, 6th.
According to the related communiqué from the UMOA-securities agency, the funds should be raised by issuing fungible treasury bonds. Proceeds are to be used to cover part of the State budget for this year.
Regarding its features, the operation has a...
Excluding the year 2012, Japan has invested from 2011 to 2018 close to $72.8 million in Togo. The figure was disclosed by the Togolese Presidency, on the sidelines of the ongoing seventh Tokyo International Conference on African Development (TICAD7).
The funds were spent on the renovation of the fishing port, the community development emergency program (PUDC) and the construction of bridges...
A Togolese delegation is presently in Japan for the seventh Tokyo International Conference on African Development (TICAD7) where it hopes to secure funds from Japanese private investors for its 2018-2022 national development plan, in a context where the country expects XOF3,000 billion from the private sector for this plan.
In this framework, Togolese authorities are already preparing for...
CFAO Group and its mother company Toyota will support Togo in its process to digitalize administration and achieve transition to renewable energies.
On the sidelines of the seventh international Tokyo Conference on African Development (TICAD 7), Togo’s minister of digital economy, Cina Lawson, said a memorandum of understanding has been signed between the two firms in this regard.
According...
Ghana and Togo are on the right track to settle their dispute over their maritime border. This is suggested by conclusions of the fifth round of talks between the two countries in this regard, held last week in Accra.
According to Stanislas Baba (photo), President of Togo’s High Maritime Council, the meeting in Accra helped exchange on technical data and transitory measures to resolve the...
Recently, 1,500kg of beeswax, produced by local beekeeping cooperatives, was sold to Koster Keunen West Africa (KKWA).
The transaction, worth a little more than XOF5 million, is the fruit of a partnership agreement signed six months ago by MIFA SA, Togo’s national beekeeping association, and US Group Koster Keunen which specializes in the production of natural ingredients for the cosmetics,...