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The World Bank will lend Togo $30 million to advance its Urban Development and Infrastructures Program (PIDU). Related agreement was signed on Wednesday in Lomé.
Monies committed by the Bretton Woods institution will be used to improve access to basic urban infrastructures in Lomé, Kpalimé, Tsévié, Atakpamé, Sokodé, Kara and Dapaong.
PIDU is a project that will also boost these...
To tackle the significant decline of landline services in the country, spurred by mobile’s emergence, Togo Telecom decided to apply a single monthly tariff for landline calls.
From now on, all landline users, except major companies and the public administration, will be able to pay CFA4720 monthly to call each other; regardless of consumption levels.
Through this move which will be...
Togo and Ghana will soon connect their customs IT systems, in the framework of the First Port Duty Project.
Initiated by the Ghana Revenue Authority, this project aims to better secure customs transactions. In effect, it will help improve customs controls and ease data exchange between both countries’ customs services.
To speed up the project’s implementation, a joint committee will be set...
The President of the Arab Parliament, Mishaal bin Fahm Al-Salmi, urged Togolese authorities, as well as those of Romania and Honduras to reconsider their decision to move their respective embassies to Jerusalem.
According to Bahrain News Agency, the AP president, in a letter addressed to the three nations’ parliaments, asked them to comply with the UN resolutions, adopted on December 21, 2017,...
In Togo, husbandry contributes 6.73% to national GDP, according to data from the Ministry of Agriculture, Husbandry and Fisheries.
The sector thus participates highly to agriculture’s contribution to national GDP, which is estimated at 40%. Specific to agricultural GDP, husbandry represents 16.4% of the figure.
These good performances are mainly attributed to the Agriculture Support...
Keras Resources will at last commence its 10,000 tonne bulk sampling metallurgical testwork program at the Nayega Manganese Project in the Kpendjal prefecture, in northern Togo.
The AIM-listed British firm is active on the project through its subsidiary Société Générale des Mines SARL (SGM). The latter which detains 85% of the project, announced in a statement released last Wednesday that it...
Today, Aug 20, the coordinating team in charge of Togo’s mining development and governance project (PDGM) has launched a second meeting to assess the social and environmental impact of mining in Togo. The first meeting was held in March, this year.
The gathering aims to promote better practices in the sector, so as to reduce its negative impacts on populations and the environment.
Marcel...
From September 2-10, Togo’s President Faure Gnassingbé will be visiting China in the framework of the China-Africa Cooperation Forum (Focac), to discuss ways to broaden the nation’s cooperation with the Asian giant.
First, the Head of State will attend a high-level dialogue with his Chinese counterpart and the business community in Beijing, where the forum will be held from September 3-4. A...
The British group Eagle Scientific Ltd is eying Togo in the framework of its activities. Specialized in the manufacturing of scientific equipment and world-leading provider of scientific, vocational and medical training, this company is planning to establish operations in Togo in the coming months to support the industrial sector’s development and create jobs.
Indeed, during an exploratory...
Appointed last November as one of the five judges of the Common Court of Justice and Arbitration of the Organization for the Harmonization of Business Law in Africa (OHADA), Evelyne Hohoeto, High Magistrate and Executive Secretary of the National OHADA commission met with the press on August 16, at the Ministry of Justice. We thus had the opportunity to ask her a few questions regarding her new...
From August 27 to 30, Espace Culturel Level will organize in Lomé, a workshop to train young people in recycling tires into artwork. This, of course, it will do, while taking into consideration environmental concerns.
During the workshop, participants will be equipped with technical knowledge which will allow them to recycle old tires, turning those into chairs and tables. Pneumatic craft will...
African Development Bank’s (AfDB) President, Akinwumi Adesina, made a call to equip African farmers with new technologies that are able to transform the continent’s agricultural production. “Technologies to achieve Africa’s green revolution exist, but are mostly just sitting on the shelves. The challenge is a lack of supportive policies to ensure that they are scaled up to reach millions...
In Togo, accounts of public institutions, funds and public organizations subsidized for the 2018-2020 period will be audited. To this end, the State has launched a call for expression of interest to hire a consulting firm to lead the process.
Audits planned will help assess how the targeted entities use their funds and determine if this utilization meets public accountability standards....
Togo will next Friday once more make a move on the regional market, to raise CFA20 billion. This follows a good performance it recorded at the end of July when it raised CFA57.49 billion, via a simultaneous issuance, while seeking CFA50 billion.
Agence UMOA-Titres and Togo’s public treasures announced through a tender launched on August 10, 2018, that CFA20 billion worth of fungible treasury...
REDD+ stands for Reduction of Emissions from Deforestation and Forest Degradation. This program rewards developing countries that adopt measures to increase their forest cover in order to help these nations increase their carbon-storing capacity and better fight global warming.
On August 13, 2018 in Lomé, under the supervision of the ministry of environment and forest resources, REDD+...
The current three-month data collection program targeting businesses in Lomé has been extended by a “few weeks more”, according to a joint statement issued by three ministries including the ministry of economy and finance.
The program which aims to identify registered and unregistered businesses was initiated by the ministry of finance via Togo’s Revenue Office (OTR) in order to update...