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Togo recorded during the 2018 agricultural season a food surplus of about 21% spurred mainly by strategic speculations such as sorghum, millet and tubers.
According to Col. Ouro-Koura Agadazi, the sector should aim for better results, considering that focus will be soon shifted to processing. The new challenge will thus be, not only keep improving production, but also and most importantly...
Since last Monday, Alassane Kaboré became the new managing director of Coris Bank International’s Togolese subsidiary, Confidentiel Afrique reports.
Prior to being appointed this position, Kaboré was the bank’s risk director in Mali.
In Togo, he replaces Sanou Seydou who was moved to the Group’s holding, the website revealed. Seydou, let’s recall, was the managing director of Coris...
At end-December 2017, Togo’s external debt stood at 19.9% of its GDP while internal debt was at 58.8% of GDP. As for debt service, it was valued at 24% of revenues in 2017. This was reported by the International Monetary Fund (IMF) in the framework of its second review under the Extended Credit Facility (ECF).
Since debt has over the past few years impaired public investments in Togo, the...
Nigerian logistics startup, Kobo360, plans to begin operating in Togo, Ghana, Côte d’Ivoire and Senegal by the end of 2019. To this end, it recently raised $1.2 million.
Part of this sum will be used to pay its drivers and buy more trucks which it will rent to firms that wish to transport goods (via an online platform that works like Uber). So far, the startup has more than 5,000 trucks...
After launching the Wifi Campus project, Cina Lawson, Togo’s minister of posts and digital economy now moves on with the Digital Environment for Work (ENT) project. Last Monday, the official launched with some of her peers this project which aims to significantly improve local educational system in technical and scientific high schools. The launching cereomy took place at the Adidogomé...
Last Friday, the regional power market of West Africa was launched in Cotonou, Benin.
Launching ceremony was presided by Benin’s minister of planning and development, Abdoulaye Bio Tchané. Present were 13 ministers of electricity of other ECOWAS nations, including Togo’s, Marc Ably-Bidamon.
According to Bio Tchané, the regional market will help tackle shortcomings in regards to power...
Passionate, perfectionist and visionary, Mablé Agbodan truly incarnates the multi-talent Togolese Woman. Specialized in luxury designs, she is the director of a gallery and online shop.
“Craving to change things and help her Togolese brothers and sisters”, the laureate of the “Arts, Sports and Culture Contest”, Women Category, created in August 2016, the Arts and Craftsmanship Club of...
For the new campaign started at the end of May 2018, cotton producers in the Savannah region eye an optimal output of 67,000 tons. This is almost half of overall production targeted for the season, knowingly 140,000 tons.
However, the farmers set lower target, for the region, at 53,000 tons in case conditions are not optimal.
To achieve their goal, 67,000 hectares would be sown, up from 62,984...
On the sidelines of its 20th anniversary, public operator Togo Cellulaire, Togo’s leading mobile operator launched 4G.
“Togo Cellulaire thanks you for these past 20 years of fidelity and now brings 4G/LTE to you,” the firm tweeted last Sunday.
To enjoy the technology, TogoCel users must have a 4G-compatible SIM card as well as a device that supports 4G/LTE (smartphone, tablet, modem,...
The recent roundtable organized by Togo’s government to raise funds for its new electrification strategy is already bearing fruits.
Indeed, an official statement released by AfDB and relayed by republicoftogo.com indicates that the institution will finance the strategy with €120 million (€30 million in own funds and €90 million from partners) over the off-grid power development...
In Togo, civil society organizations (OSC) met last Tuesday with the minister of planning and development, Kossi Assimaïdou, to discuss the 2018-2022 national development plan.
At this occasion the OSCs, according to Séna Alouka, executive director of NGO Jeunes Volontaires pour l’Environnement (JVE), recommended the establishment of the GT-OSC-ODD platform which is a special unit dedicated...
In the next three years, Greenlight Planet will provide Togolese households 300,000 solar kits.
The firm got local authorities’ approval for the initiative, credible sources indicate.
This project should greatly strengthen the government’s goal to achieve universal power access by 2030.
After the deal is finalized, Greenlight Planet will add to British firm BBOXX which is engaged in the...
Between 2015 and 2018, World Bank’s investment in Togo soared from about $150 million to $350 million, according to the institution representative chief, Joëlle Dehasse.
Dehasse disclosed this information on June 28, while meeting with Togo’s Prime Minister. “When I came into office in 2015, the portfolio was valued at about $150 million and now it has exceeded $350...
On June 28, the autonomous company in charge of financing road maintenance (SAFER) in Togo said it needs about 30.3 billion CFA to rehabilitate roads in 2019. This, the entity revealed during a scheduling conference towards the programme budget’ elaboration.
The forecast was issued based on data collected to better handle and assess road maintenance efficiency.
Compared to the past years...
The West African Development Bank (BOAD) has secured a €50 million financing from Belarus’ Development Bank.
This was disclosed in a statement released subsequent to the 109th ordinary session of BOAD’s board, held last Wednesday.
During the meeting, the institution’s authorities also approved 11 transactions including 7 mid and long term loans valued at CFA90.8 billion, a...
In 2019, rural roads will be given priority by government. “Under the President’s actual social mandate, today, rural roads are top priority,” said Ninsao Gnofam, Togo’s minister of infrastructures and transports.
The official explained that the goal is to make sure people who have no or low access to roads are no more secluded, “enabling them to access markets and other...