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Togo could produce 66,000 tonnes of cotton in the 2024-2025 campaign, again 67,000 tonnes in the previous campaign.
Industry stakeholders met in Sokodé (350 km north of Lomé) on October 23, 2024, to discuss the reasons behind the downward expectations. Among others, they cited climatic challenges, particularly a prolonged drought during the planting phase, which negatively affected crop...
Togo is hosting its 10th National Internet Governance Forum (Togo IGF) this week. The event will take place on Thursday, October 24, at the Maison des Jeunes de Lomé (Amadahomé).
The forum will center on emerging technologies and how they could leverage Togo's digital development. Challenges related to these technologies’ regulation, at the national and international levels, will also be...
Togolese President Faure Essozimna Gnassingbé met with Sidi Ould Tah, Director General of the Arab Bank for Economic Development in Africa (BADEA), in Lomé on October 21, 2024. The BADEA executive was accompanied by Serge Ekue, Director of the West African Development Bank (BOAD). The meeting focused on strengthening the partnership between BADEA and Togo.
“I had the honor of being received...
Abdoul Salam Bello, Executive Director of the World Bank's Africa II Group, recently visited the WACA ResIP-Togo coastal resilience program in Aného. During his visit, he assessed various World Bank-funded projects that tackle coastal erosion and poverty in rural communities.
Bello toured the area with Dr. Adou Rahim Alimi Assimiou, the program coordinator, and his technical team. ...
Most Togolese products tested by local quality control institutions meet the required standards. An inspection delegation, led by Kossivi Hounaké, Minister Delegate to the Minister of Trade, reached this conclusion last weekend.
The inspection aimed to address concerns about the quality of "Made in Togo" products. The team visited key institutions, including the Institut Togolais de Recherche...
Togo will hold municipal elections in at least 11 municipalities this October. The Ministry of Territorial Administration announced these elections following the deaths of several mayors and deputy mayors in recent months. The elections are scheduled from October 22 to 31.
Municipalities concerned include Golfe 2, 5, and 6, Avé 2, Kloto 3, Kpélé 1, Sotouboua 2, Doufelgou 3, Tone 1, Dankpen 3,...
The Islamic Development Bank (IsDB) recently approved $60.30 million (over CFA36 billion) for Togo. This funding aims to improve the quality of life for vulnerable populations. The announcement came during the IsDB's 357th Board of Directors meeting on October 14, 2024, in Jeddah, Saudi Arabia.
The funds will support income-generating activities and boost agricultural productivity, which...
Over the first nine months of 2024, 11,979 new businesses were registered in Togo. The data comes from the Centre for Business Formalities (CFE) where the businesses were registered. The figure is 2% more than that recorded over the same period the previous year–11,733.
Out of the almost 12,000 newly registered businesses from January to September, 9,940 were established by Togolese;...
Last week, Togo hosted the second edition of the Renewable Energy Days. The event, which took place on October 18 and 19, was themed “Renewable Energies at the Service of the Agro-Industry.” It was organized by the Synergie des acteurs du secteur (SAER) and the Centre Togolais des expositions et Foires (CETEF).
The fair gathered Togolese companies active in the renewable energy sector, and...
Ten (10) Togolese tech startups will be in Cape Town, South Africa, from November 25 to December 4, 2024. The startups include Semoa, Anaxar, Silimi, Aviocole, Kondjigbale, Robaloto, Klumer, Edole, Trankyl, and Infinitus. They operate across various sectors, from Fintech to HealthTech and professional networking.
The Ministry of Digital Economy and Transformation, through Agence Togo Digital...
Earlier this week, the Sheyi Emmanuel Adebayor Foundation (SEA Foundation) facilitated a partnership between the University of Lomé (UL) and Morgan State University in the USA.
A delegation from the American university visited UL as part of an international academic collaboration. Led by Endia De Cordova, Director of the university's foundation, the delegation was introduced by Boris...
By the end of 2023, Togo had 12,945 health workers in the public sector, according to data from the Minister of Health, Professor Tchin Darré.
The distribution shows that Greater Lomé, which includes 13 municipalities around Lomé, has 4,634 health workers, making up 36% of the total. The maritime region follows with 1,679 workers (13%), Plateaux with 2,145 (17%), Kara with 1,803 (13.9%),...
The Togolese government has suspended Yango, an online car-sharing service, for "illicit" activities.
On October 17, 2024, the Ministry of Transport stated that Yango, owned by Russian tech giant Yandex, began operations "in violation of all required administrative procedures and authorizations". The suspension follows serious concerns about user safety.
Yango faced a similar suspension...
Last Saturday, October 12, several Togolese bankers and finance experts gathered in Lomé for a "Loft of the Weekend" workshop focused on banking risk management. Held in Baguida, the session was led by Khalid Yacoubou-Boukari, Commitments Manager at IB Bank Togo and a risk management consultant.
Participants learned about risk management regulations, particularly Circular N°04-2017/CB/C,...
Togo, Benin, and Guinea-Bissau will receive €25 million (over CFA16 billion) from Germany to fund projects to tackle violent extremism. This financial support comes from the Regional Stabilization and Development Fund (RSDF), which was recently launched in Cotonou by ECOWAS.
From 2024 to 2027, these countries will focus on three key areas: job creation, environmental protection, and...
In Togo, the investment rate has fluctuated significantly over the past decade due to various economic challenges. Data from the Central Bank of West African States (BCEAO) shows that the investment rate was 22.1% in 2013, peaked at 25.2% in 2015, and then dropped to 16.8% in 2017 amid economic uncertainties and socio-political tensions.
However, a turning point occurred around 2020 when the...