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Launched Last December, the project CIZO has just received the support of the European Union via the African Development Bank. Estimated at €20 million to €25 million, the fund provided should be used for the installation of 100,000 off-grid solar home systems in the near future.
The fund will be provided via an innovative funding model to which local banks will take part to...
The latest Henley & Partners passport index, which provides a global ranking of countries according to the travel freedom for their citizens, rated Togo at 87th out of 106 countries with most powerful passports in the world.
Here are the 54 countries accessible without visas for Togolese in 2018.
Bangladesh
Cambodia (e-visa available)
Indonesia
Laos (e-visa available)
Macao...
Following the collapse of the Malanville bridge in Benin, Niger’s leading port supplier (70% of traffic), which caused losses for Nigerien importers and carriers, the latter is considering diversifying their port partners. Togo thus seeks to become an alternative solution.
In this wake, a Togolese delegation composed of officials from the Ministry of Transport, Customs and Port of Lomé...
In Togo, the agriculture support project (Projet d’Appui au Secteur de l’Agriculture-PASA) received an additional CFA1 billion support.
After a first phase during which CFA1.2 billion was raised for 59 small ruminants and poultry farmers, this program (Programme National d’Investissement Agricole et de Sécurité Alimentaire -PNIASA), is in its second phase and should be implemented...
The monthly exchange and experience sharing platform "Jeudi J’ose", celebrated its third year anniversary on October 11, 2018, in Lomé during a special edition.
The celebration, held at Bluezone in Cacaveli in attendance of many officials, was coupled with an award ceremony of 21 entrepreneurs who are laureates of the competition and regular attendants of the previous editions.
Eight...
Between July and September 2018, 2,564 companies were created in Togo. This is 25.5% more than the 2,043 recorded last year over the same period.
The recent increase is a continuation of a trend started since the beginning of this year. Indeed, from January to March 2018, 2,934 new businesses were registered, against 2,583 in Q1 2017, thus up 13.5%. From April to June, the figure stood at...
By mid-2019, 70,000 public workers will get a professional email address with a gouv.tg domain name, credible sources reveal.
This decision falls under a government project to secure and rationalize mail exchanges.
Led by the ministry of posts and digital economy, this project aims at improving the reliability of the exchanges as well as productivity of the administration, while facilitating...
From three, the number of flights served by Brussels Airlines to Lomé increased to five, respectively on Monday, Tuesday, Wednesday, Friday and Saturday. By the end of this month, the decision will be made official.
In this framework, Pierre-Yves Buysscahert, Director of Brussels Airlines Togo, met on October 11 with Prime Minister, Komi Sélom Klassou.
On this occasion, he informed...
From October 22 to 26, 2018, Geneva (Switzerland) will host the sixth World Investment Forum organizd by the United Nations Conference for Trade and Development (UNCTAD).
More than 5,000 participants from 160 countries, including Togo, are expected at the event where investors and development institutions build partnerships to bridge the current investment deficit. The latter is estimated at...
As announced on the sidelines of Africa Pulse’s launch at the beginning of this month, the World Bank just released in Bali (Indonesia) its new human capital index. This was in the framework of the Bretton Woods institution's annual assemblies.
The new index measures losses in economic productivity incurred by countries that under-invest in their people. “The human capital index reflects the...
On October 9, 2018, Togo’s parliament authorized the government to ratify statutes of the Africa 50-Infrastructure Fund.
These statutes were adopted on July 29, 2015, in Casablanca, Morocco. The institution was established by 22 countries including Togo, and three African financial institutions, namely: Al-Maghrib bank, the African Development Bank (AfDB) and the Central Bank of West African...
From November 7 to 9, 2018, the African Development Bank (AfDB) will hold in Johannesburg the first edition of the Africa Investment Forum.
This forum is a totally transactional market place dedicated to advancing projects to bankable stages, raising capital, and accelerating the financial closure of deals. It is a platform to attract investors and ease transactions, in order to unlock...
In 2017, real GDP growth in Franc Zone stood at 3.9%, as compared to 3.6% in 2016. This was disclosed in a report released by Banque de France last Monday. According to the report, the increase should be sustained this year.
Last year, growth of economic activity in the Franc Zone was higher than in sub-Saharan Africa. However, France’s central bank indicates, there remain “major gaps...
Yesterday October 9, the Togolese parliament unanimously passed the law authorizing the country to join the African Export-import Bank (Afreximbank). This was during the 2nd plenary of the 2nd ordinary session.
The government thus receives the parliamentary approval for a formal accession to the financial institution. Once this is done, the country will be able to participate in the...
Via its subsidiary, Ethiopian Mozambique airlines, Ethiopian Airways, technical partner and shareholder of Asky, will launch its operations in Mozambique as of December 2018.
To serve the local market in that country, Ethiopian Airways will mobilize part of the fleet of the panafrican company Asky Airlines, whose headquarters is in Lomé, Togo’s capital. To be precise, the company’s services...
Lomé is currently hosting two different workshops on the law related to electronic transactions and its implementation decree. Started October 8, the workshops will close on October 12.
While one of the sessions is open to the public, the other is only open to digital experts. However, both aim to help the public and professionals to better understand challenges related to the law adopted June...