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Page : 323 - Results of 5153 to 5168 from 5876 Results

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22/10/2018
Togo could have its first sugar factory in 2020. This was disclosed by the head of the country’s Agricultural Research Institute (ITRA), Dr. Bonfoh Bèdibètè, in an interview with agridigitale.net. “Two years ago, President Faure Gnassingbé instructed us to build by 2020 a sugar factory in the Oti plain”, he said. However, “sugar cane grown in Togo cannot be used to produce sugar”,...
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22/10/2018
Subsequent to a successful bond issuance last October 12, Togo once again attempts to raise CFA50 billion on the regional financial market, via a simultaneous issuance of fungible treasury bonds. The operation will be divided into two categories; one with a three-year maturity period and the other with a five-year maturity period, at a unit value of CFA10,000. Proceeds of the issuance will be...
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22/10/2018
Binta Touré Ndoye, head of Oragroup which is set to “perform the largest IPO of the BRVM since its creation”, recently revealed the group’s statistics and perspectives. With a total balance sheet of more than CFA2,000 billion, Oragroup currently has 43,000 customers. The group plans to add two million customers to this number by 2022. According to Binta Touré Ndoye, to achieve this...
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22/10/2018
Last October 10, Togolese pay TV provider TVSAT was ordered by the Paris Commercial Court to pay more than a million euros to French TV service provider Mediawan. According to Ecofin Agency  which reported the news, TVSAT failed to pay the royalties it owed Mediawan under a distribution agreement dating from August 2011. Indeed, on 2 August 2011, AB THEMATIQUES, formerly AB SAT, owned by...
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19/10/2018
The Lomé-based pan-African banking group Oragroup announced it received approval from the Regional Council on Investments and Financial Markets (CREPMF), to launch its initial public offering on the Regional Securities Exchange (BRVM) in Abidjan. “The subscription operated by the Management and Intermediation Companies (SGI) will take place from 29 October to 16 November,...
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19/10/2018
On October 18, 2018, the BRVM investments days was launched as announced. The event that is to be concluded today October 19, 2018, falls within the framework of a promotion campaign initiated by the West African regional security market (Bourse Régionale des Valeurs Mobilières-BRVM), to boost the number of companies listed on that market.   According to Kossi Tofio (photo), representing...
Lomé is currently hosting a top-level workshop for the appropriation of the national development plan (2018-2022 PND). The meeting focuses on contribution of private sector to the plan’s implementation. This explains its theme, knowingly “Private investments for PND’s success”. In effect, authorities expect private sector to contribute 65% of financing required to implement the...
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19/10/2018
At the beginning of this week, the respective ministers of foreign affairs of Togo, Burkina Faso, Benin and Niger met in Ouagadougou to discuss security issues at the borders of these countries which are connected.   On this occasion, it was decided that threats to the security of these nations would be coordinated from now on. The meeting mainly aimed to develop a common strategy to fight...
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19/10/2018
Since October 18, 2018, a team of the International Monetary Fund (IMF) has been in Lomé for the review under the 3 years Extended Credit Facility programme. This facility approved in May 2017 for Togo is estimated at $241.5 million. The present mission that should be concluded on October 30 is the third under the Credit Facility. This mission should concretely help the Washington...
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19/10/2018
The African Culture Fund has launched its first tender for cultural projects and the  winning bidder will get a $10,000 funding. The Pan-African fund supports art education as well as cultural and creative industries in Africa, towards making these sectors more professional. It exists to improve careers of promoters, artists, culture professionals. It also backs socioeconomic and...
Kokou Edem Tengue and Paul-Harry Aithnard are the two Togolese listed on the 2018 Choiseul 100 Africa released October 17. Co-founder of Emergence Capital, a firm that gets businesses listed on WAEMU’s regional stock market, Tengue, 38-year old, currently heads Maersk’s subsidiary in Togo. He is a graduate from the University of Stellenbosch in South Africa, Sciences-Po Paris in France and...
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18/10/2018
In Togo, the ministry of infrastructures and transport will rehabilitate 267.5 km of asphalt roads. The works which fall under the ministry’s 2019-2021 agenda will be carried out in three of the country’s economic regions. These are the Maritime, Plateaux and Savanes regions where 27km, 128km and 112.5km of roads will be rehabilitated respectively. Works projected include mainly “major,...
In 2015, the number of people living in extreme poverty fell to 10%. This was disclosed by World Bank in its bi-annual report entitled “Poverty and Shared Prosperity 2018: Piecing Together the Poverty Puzzle”, released on October 17, 2018, on the sidelines of International Day for the Eradication of Poverty. While the number of people in extreme poverty indeed reduced, it remains that almost...
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17/10/2018
Togo plans a project to hybridize diesel engines of the multipurpose platforms deployed under the Grassroots Support Development Program. The project which will cost about $19.4 million (CFA9.7 billion) will enable the engines to use both diesel and solar as sources of energy. The hybridization project will be steered by the ministry for grassroots development over 36 months, according to...
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16/10/2018
Togo’s Post and Telecommunications Regulatory Authority (ART&P) wants to automatize control of e-communication tariffs. Once effective, the reform will enable ART&P monitor, with a modern management tool, tariffs of services provided by TogoCom, Moov and other telecom and mobile operators operating in the county. According to a document obtained by Togo First, the regulator has...
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16/10/2018
From October 20 to 21, 2018, Lome, will host the 2018 edition of the NASA Space Apps Challenge. The event, a sort of international hackathon created in 2012 by the US space agency, will be simultaneously organized in many cities around the world.  For 48 hours, the competition organized for the fifth time in Togo in partnership with l’Africaine d’Architecture, WoeLab, and Nativ...
 

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