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Keras Resources announced on Tuesday it has identified a new outcropping mineralisation at its Nayega manganese project in northern Togo.
Eight additional hectares have been discovered at Ogaro, few kilometers from the main Nayega deposit, the AIM-listed company revealed.
Samples taken from 14 wells with a 35-m depth to test Ogaro’s central mineralization area have shown positive results,...
Twenty billion CFA. That is the budget dedicated to the e-ID Togo project announced last April during a council of ministers. This project will provide each Togolese, and any person residing in the country, a unique biometric ID number.
It (the project) will also help the government have reliable data on populations, thus enable it better provide them public and social services. Led by the...
In Togo, the national fund for inclusive finance (FNFI) has at June 30, 2018 collected a total of CFA30 billion from the State and various lenders. This was disclosed Sept 18 by Assih Mazamesso, State secretary in charge of financial inclusion and informal sector.
Leveraging the funds, the FNFI has provided CFA75 billion loans through a revolving system. Compared to CFA73 billion announced a few...
In Togo, the project to rehabilitate and modernize the Avépozo-Aného road will soon begin, according to a document obtained by Togo First.
In detail, populations affected by the project are being compensated. “The inter-ministry committee for the compensation of people affected by the project, after assessing built properties, is conducting negotiations and payments,” the document...
To boost its support to the sub-regional financial system and anticipate future disruptions, the BRVM just launched a fintech contest.
Entitled BRVM Fintech Innovation Challenge, this contest targets young talents, aged between 18 and 40, and bearing innovative projects, Ecofin Agency reports.
Some of the selected applicants will benefit from a 6-12 months support to implement their...
The Central Bank of West African States just released its annual report on banking conditions across the WAEMU in 2017. The document provides a detailed review of the union’s banking sector, with specifics regarding loans granted over the last year, as well as customers’ deposits and interest rates in place.
In five points, here is a summary of the apex bank’s report for Togo.
No new...
Approved during a ministers council end-March 2017, the merger between State-owned banks BTCI and UTB was suspended, sources close to the case told Togo First.
“The merger is suspended and its effective date has been postponed…until ongoing talks with the IMF, regarding other options to restructure or rescue BTCI and UTB are concluded. The two institutions will hence restart operations,...
Last Friday, the United Nations Development Programme (UNDP) released its latest human development index (HDI). In the rankings, Togo came 165th over 189 nations.
With an index of 0.503 against 0.500 in 2017, the country ranked under the category of countries with a “low human development”, alongside Nigeria (157th), Rwanda (158th), Benin (163rd), Senegal (164th) and Côte d’Ivoire...
For its 45th anniversary, the West African Development Bank (BOAD) has launched a new contest which will reward the best bearers of clean energy projects (in WAEMU) with a CFA30 million grant.
Eligible applicants include civil society organizations, professional or non-professional associations, researchers, and private entities. Projects submitted should include an environmental resilience...
From October 23 to 29, 2018, the International Agriculture and Agrofood Fair of Lomé (SIALO) will take place. This was recently announced by the event’s coordination team on its official website.
The seventh edition of the fair will be held at the Centre Togolais des Expositions et Foires (Togo 2000) to be exact.
The Sialo brings together various actors of the Togolese agricultural, fishing,...
By September next year, Togo plans to open a school-farm in the Savanna region. The project falls under its 2018-2022 national development plan and will help train young breeders, and subsequently help the country get its own dairy production and processing value chains.
“We wish to have our own dairy sector. We are here to identify good partners to benefit from their expertise in cow genetics...
Launched by Bernadette Legzim-Balouki, minister of Trade, the Project for the sustainability and reinforcement of cashew and sheanut’s commercial capacities (PRODAK) will benefit from a three-year $5.6 million financing. This was disclosed by Commodafrica.
In this framework, Togo’s government and the World Trade Organization (WTO) signed a financing agreement last week. The monies...
African farmers will now easily benefit from Israel’s technologies and solutions. Related memorandum of understanding was signed between the African Green Revolution Alliance (AGRA) and Tel-Aviv-based NGO Start-Up Nation Central (SNC).
This was during the 8th African Green Revolution Forum (AGRF) held Sept 5-8, 2018, in Kigali, Rwanda, under the theme “Lead, measure and grow”.
According...
The China-Africa Development Fund (CAD Fund) plans to invest in Asky Airlines, a Lomé based pan-African airline which seeks new strategic partners.
Presenting interests and opportunities in Togo’s 2018-22 National Development Plan (PND), CEO Shi Jiyang, said the fund will support new projects in Togo including Asky Airlines.
“CAD Fund will continue to support projects in infrastructure,...
In Lome, in the framework of the launch of a campaign to promote passenger’s rights, Daouda Elhadj Adam (photo), president of Union Africaine des Consommateurs (UAC), a pan-african consumers’ union, presented a press conference on September 13, 2018.
During the conference on air travelers’ rights in Africa, the official presented the aims of this campaign to journalists. According to his...
On the sidelines of the 2018 Video Game and Electronics Festival of Abidjan (FEJA), Togolese top gamers are planning a big event gathering all video game lovers from September 22 to November 22.
The event is set as a qualifying tournament with the objective to get prepared for FEJA scheduled from 23 to 25 November 2018. It will last for 3 days during which gamers from Benin, Burkina Faso, Côte...