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Lomé’s first moto-taxi reservation service, Gozem, just partnered with Total’s subsidiary in Togo to teach drivers in the Togolese capital (taxis and bike drivers) about eco-responsibility and how to better utilize their vehicles.
“Through this partnership, Total and Gozem want to inform drivers about the importance of adopting simple, yet effective, habits, thus improving the efficiency...
Once completed, the $15 million Dapaong solar power plant will provide clean energy to about 700,000 households and small companies in Togo.
Financed by the Abu Dhabi fund for development, the project is aimed at "reducing poverty, increasing income generating activities and suppling energy to health and education service providers"
According to Adnan Z. Amin (photo), outgoing...
In Togo, the number of companies created jumped by 27.5% in 2018 to reach 10,545, a bit below the record reached in 2015.
About 82% (8,625) of the companies created in 2018 are owned by nationals and 1,920 by foreigners. Nigeria (375), Benin (280) Niger (211), China (155) and India (121) were the top five foreign countries whose nationals created companies in Togo in 2018.
That year, 71%...
Upon the 9th session of the International Renewable Energy Agency (IRENA) held last week in Abu Dhabi, the Togolese government secured $15 million to implement a 30-MW solar plant. This is the largest project approved by this body in terms of capacity, sources said.
This move by Togo is a significant step torwards achieving universal energy by 2030. It is also expected to back efforts in...
Togolese government, via the ministry of infrastructure and transports, plans rehabilitation works at the congress centers in Lomé and Kara, a document consulted by Togo First indicates.
Under this project, the ministry launched a tender following which the selected bidder will first have to undertake technical studies covering the maintenance, rehabilitation or repair of the building and...
With a production that increased from 24,000 tons to 35,000 tons within three years and an average yield of 3 tons per hectare, the Soya sector has good results in Togo so much that producers from neighbouring countries come to learn from the local experience.
This is the case of the delegation of Benin’s Soya producers’ union (Union Nationale des Producteurs de Soja du Bénin-UNPS) that...
The Regional Stock Exchange (BRVM) signed January 10, 2019, with the International Finance Corporation (IFC), World Bank’s private sector arm, a cooperation agreement on the corporate governance code.
The goal is to “enable BRVM-listed companies to be more efficient, competitive and productive to ensure a climate of trust vis-à-vis investors,” Dr Edoh Kossi Amenounve, BRVM’s Managing...
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Initially aiming at raising XOF20 billion to fund the 2019 state budget, Togo’s Treasury ended up mobilizing XOF18.625 billion, the results of its first operation on the regional financial market showed January 10, 2019. Of this amount the government will however only collect XOF13.625 billion.
The poor performance, though the market seems favorable, comes just after the country closed the...
Six months only after it was launched, the agricultural financing incentive mechanism (MIFA) provided a little over CFA1 billion worth of loans to a total of 5,062 farmers, including 916 women. This is 84% of the number (6,000 farmers) initially aimed at, for the period.
Besides, nearly 12,000 producers were impacted via direct loans and others from aggregators. Also, 4,948 producers, of which...
Construction works for Togo’s new fishing port are 93% complete. This was disclosed on the sidelines of a field visit to the project’s site last Tuesday by a delegation led by ministers of infrastructures and fishery, Ninsao Gnofam and Ouro-Koura Agadazi.
The port whose construction began in August 2017 is expected to be delivered next month. It was co-financed by the Japan International...
On Thursday, January 10, 2019, the West African Economic and Monetary Union (WAEMU) will celebrate its 25th anniversary at its headquarters, in Ouagadougou.
The official celebration ceremony will take place at the Centre International de Conférences de Ouaga 2000, in the presence of Ivorian president, Alassane Dramane Ouattara, also president of the WAEMU’s Heads of State and Governments...
On Monday 7th January, a five-day training workshop on ways to fight money laundering and terrorism financing commenced. The session is taking place at the Centre de formation des professions de Justice (CFPJ) in Lomé.
Gathered at the meeting are magistrates as well as top members of the police and army. They will be taught how to better fight money laundering and terrorism financing by...
On Sunday, January 6, a new terminal opened at the Abuja Nnamdi Azikiwe international airport. Asky, the Lomé-based pan-African airlines was one of the first airlines to use the terminal.
The airlines transported from Lomé 91 passengers who landed at the terminal, according to a tweet from the Federal Airports Authority of Nigeria (FAAN), Nigeria’s airports management authority.
The...
Togo’s post company (SPT) just launched E-Colis, a service that allows its clients to directly order and receive packages from Europe, within the Schengen area to be exact.
With the service, SPT’s customers can purchase any item on any European e-commerce website. It is cost-effective as packages, if many, are not sent separately but regrouped, and international delivery fees are...
The national agency for the promotion and financing guarantee of SMEs/SMIs (ANPGF) in partnership with Togo’s chamber of commerce and industry (CCIT) is organizing a new edition of its “Mercredi de l’Entrepreneur” program, a program dedicated to young entrepreneurs.
During the program which will be held on January 9, 2019, various niches of opportunities for businesses relating to the...