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The International Finance Corporation (IFC) announced its support to Togo’s national electrification strategy which aims to achieve universal access to power by 2030.
This strategy provides a roadmap to tackle issues that slow the expansion of Togo’s power grid, in remote areas especially. It also plans to involve alternative power sources such as off-grid.
It also recommends that private...
On July 30, 2018, Togo’s minister of social action, Tchabinandi Yentcharé, urged all Togolese women to get more involved in the country’s development as this would consolidate and preserve peace.
The call was issued ahead of the 56th African Women’s Day the following day. The event was themed: “Women, election and peace for a sustainable development”
According to the...
Muhammadu Buhari, Nigeria’s President, is the new head of Ecowas heads of States and Governments’ Summit.
Indeed, on the sidelines of the 53rd ordinary session of this summit which ended on Tuesday, the outgoing head and Togo’s President, Faure Gnassingbé, passed the baton to the Nigerian leader.
Congratulations to President Muhammadu Buhari for being elected the head of Ecowas. “I...
The Economic Community of West African States (ECOWAS) just announced it would provide Guinea Bissau a $2 million financial support. This was at the end of the 53rd session of the Heads of States and Governments’ Conference held in Lomé this week.
The financing adds to others committed by the WAEMU which Togo is part of. The funds will be used to speed up preparations for legislative...
On July 30, 2018, the ECOWAS-ECCAS joint summit for peace, and extremism eradication ended.
The event which was hosted in Lomé, Togo, gathered the two communities’ presidents as well as other major personalities. The summit assessed security issues in West and Central Africa; also, they identified the various risks related to security, namely terrorism, arms trafficking, money laundering,...
Residents from Togo and the Central African Republic no more need visas to visit each other’s nation. The related agreement was signed last Sunday, by the two countries’ respective ministers of foreign affairs, Robert Dussey and Charles Armel Doubane.
This was on the sidelines of the just ended Ecowas-Eccas joint summit in Lomé.
Visa suppression concern ordinary, diplomatic, and service...
The Central Bank of West African States (BCEAO) just reviewed microfinance activities in the WAEMU region last March 31. The document shows that the Togolese microcredit is doing well with an improvement in financial inclusion and a regional upturn. According to the report, deposits collected by decentralized financial systems (DFS) amounted to CFA1, 248.7 billion at the end of March, compared...
ECOWAS and Switzerland signed on July 25, 2018, a CFA 3 billion financial agreement. This was at the institution’s headquarters in Abuja.
The agreement was signed by Jean Claude Kassi Brou and Eric Mayoraz, respectively head of the ECOWAS commission and Switzerland’s ambassador to Nigeria, Chad and Niger. It aims to boost husbandry within the regional community. This materializes a “shared...
Last Friday, Togo’s ministry of Urbanism called a meeting to discuss ways to vulgarize the recently adopted law n°02018-005 on land code.
The meeting was themed “Implementing the land code law to make land-related transactions and investments safer”. On this occasion, the ministry told actors concerned, namely banks and investors, about the reform’s importance and interest.
Indeed,...
The Agency for the Safety of Air Navigation in Africa and Madagascar (Asecna), honored July 25 Togolese Civil Aviation, for the quality of services in the sub-region and Africa in general. It awarded the “Aerodrome Medal”, the highest honor, to the MD of the National Civil Aviation Agency, Colonel Gnama Latta.
The latter welcomed the recognition of Togo's performance in civil aviation and...
The Togolese Minister of Basic Development, Handicraft and Youth Employment launched a call for projects, as part of the celebration next August 12 of the International Youth Day. The aim is to select and award twelve (12) best youth-led micro-projects.
According to a ministry’s statement, the move has a double-target. First, empowering youth associations across the country and on the...
Hawa Cissé Wagué, World Bank resident representative in Togo, who has replaced Joëlle Dehasse at the office last June 30, confirmed July 24th the $40 million budget support announced by her predecessor, saying it should be effective “in a few months”. This was during a meeting with Prime Minister, Komi Sélom Klassou.
The facility, it may be recalled, was lauded by the Prime...
On July 24th, Togo’s parliament adopted a bill to promote power generation from clean sources. This is in line with the government’s 2018-2030 electrification strategy under which it plans to bring renewables’ share in the country’s energy mix to 50%.
The new bill will surely help boost investment in clean energies, but also efficiently tackle various challenges related to...
Mobile operator Atlantique Télécom, also known as Moov, will have to pay CFA28 billion for the early renewal of its 2G and 3G licenses and their extension to 4G. This was reported in the H1-2018 Consolidated Financial Report published by Maroc Télécom, Moov’s parent company.
The money will be disbursed under three annual payments starting this month, the report said. The...
Over the first half of 2018, Maroc Telecom which owns telecom operator Moov has recorded a turnover of CFA1,065 billion, which represents a 5% increase compared to the same period in 2017. Moov’s Togolese subsidiary, along with those present in Benin and Côte d’Ivoire mostly contributed to the performance.
In these countries, Moov’s performances were driven by a greater data consumption...
Togo’s subsidiary of the Agency for the Safety of Air Navigation in Africa and Madagascar (ASECNA) has safely guided 6,300 flight between January and July 2018.
These flights include commercial and military flights, that of cargos and others, heading to the country’s two airports (Lomé and Niamtougou) or crossing Togo’s airspace.
The rising performance was attributed to the adoption of...