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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...
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...
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...
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...
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...
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...
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...
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...
At end-June 2018, access to microfinance services across the West African Monetary Union (WAEMU) rose by 10.7% on a year-on-year basis.
The number of people that benefited from the services over the period was 15,017,666, against 13,565,535 a year earlier. Also, the services were provided by 593 decentralized financial services (DFS).
As a result of the improvement, loans and deposits increased...
Eight years after it joined the Extractive Industries Transparency Initiative (EITI), Togo made significant progress thanks to the efforts deployed. "Out of the 27 requirements of the EITI standards, Togo validated 20", Komi Selom Klassou, Togo’s prime minister, said on October 15, 2018, during the seventh ordinary meeting of national EITI supervision committee in Lome.
The results are...
The government plans to soon conduct an institutional and organizational audit of the Centre for Construction and Housing (CCL), Togo First learned.
Created via a decree falling under a framework for technical support between the UN Development Program (UNDP) and Togo, CCL exists to produce low-cost building materials using local resources, as well as construction processes and methods...
Togo now has an institutional framework enabling it to secure financing from the Green Climate Fund (GCF). A quite significant milestone considering that in May 2017, the country was not yet ready to access the financing, according to André Johnson, Togo’s minister of environment and forest resources.
During a council of ministers held on 12 October 2018, the government assessed and adopted...
Last Friday, Togo’s government, during a ministers’ council, issued a bill to improve cybersecurity.
Through the bill, Lomé wishes to put in place an appropriate legal and institutional framework to tackle cybercrime, a global issue.
Once adopted by the parliament, the bill would “ensure that cybercrime is effectively and efficiently dealt with across Togo”, statement from the...
Sani Yaya, Togo’s minister of economy and finances, and Christian Adovèlandé, President of BOAD, signed on October 12, 2018, three funding agreements worth a total value of CFA21.3 billion.
The first loan, approved in June 2018, amounts to CFA10 billion. It is to be injected in the Togo Agrofood Processing Project (PTA-Togo). The latter will help operationalize Togo’s new...