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To meet growing power demand, Togo’s government plans to build in the port area another thermal plant, with a 60 MW output (extensible). This was revealed to Togo First by the minister of energy and mining, Marc Ably Bidamon.
The new plant will be supplied mainly with liquefied natural gas (LNG) coming from Equatorial Guinea, which intends to make Togo a hub that will supply landlocked...
Last April, Togo and Equatorial Guinea’s respective ministers of energy signed a memorandum of understanding to export liquefied natural gas (LNG) from the second nation to the first.
Now, the Togolese minister, Marc Ably Bidamon, revealed that Equatorial Guinea actually intends to use Togo’s port as a medium to supply landlocked nations of the region with LNG.
Once at the port of Lomé,...
World Bank could provide a budget support to Togo this year. This was disclosed by President Faure Gnassingbé, after meeting with a World Bank delegation led by the institution’s director Pierre Laporte in Togo.
The commitment -$40 million- was actually announced by Laporte, and according to President Gnassingbé, it aims to sustain a cooperation of quality between the institution and Togo, a...
On May 28, a new milestone was reached by Togo and Burkina Faso regarding regional integration. On that day, IT systems of both countries’ tax offices were connected. The related ceremony took place in Ouagadougou, Burkina Faso’s capital.
The interconnection project was developed by the WAEMU, with the financial support of the Japan International Cooperation Agency (JICA). Technical support...
Safer, an independent firm that finances road maintenance, has just launched a call to tender for the supply and installation of a video surveillance system at the tollbooths of Alédjo, Défalé and Sotouboua, as well as improving the axle load control post of Djéréhouyé (Atakpamé).
Delay to carry out the project is three (3) months and it will fully be funded by Safer.
Tenders must be...
Last Monday, a training was started to teach magistrates (38 of them) of the administrative chambers of the Lomé Supreme Court and Kara’s appeal court.
The training which also targets court presidents and public prosecutors, will focus on procurements, how they are regulated and provided, as well as litigation management.
The goal here is to equip the law intendants with knowledge of public...
French giant Total, which has been in Togo for decades, has ventured into the Fast-Food industry, in the country.
Indeed, customers will now be able to order Western foods but also Togolese and African meals at the company’s gas stations in Totsi and BTCI (on the boulevard facing BTCI), in Lomé. There, they will also be able to charge their various devices.
To enter the fast-food market,...
Last Friday, Togo’s ministers’ council announced that 2018 budget was reduced by 1%, from CFA1,318,500,000,000 to CFA1,308,134,862,000.
This is due to the sociopolitical crisis that has been affecting the Togolese economy since the second half of 2017. Moreover, there are claims of education workers, an increase of subsidies to the universities of Lomé and Kara, among others. “Looking at...
As member of the African Risk Capacity-ARC, Togo was selected to host the pilot phase of a project that aims to insure risks related to flooding. This aligns with the government’s goal to make agriculture a true economic driver.
ARC will, in the framework of the project, not only identify risks related to flooding and drought, but also increase the country’s capacities in terms of disaster...
Togo’s President, Faure Essozimna, was named “champion” of the Single African Air Transport Market (SAATM) by his peers, on May 28, 2018. This was during the fourth reunion of ministers for the treaty’s operationalization.
Faure Gnassingbé indeed provided a boost to related works by fully participating at the opening ceremony for the meeting. Present also was the president of the...
The Bloomberg New Energy Finance (BNEF) mission, carried out as part of the implementation of the Climatescope independant assessment 2018, ended on Friday 25 may 2018 after three days of intensive work.
Led by Mrs. Eleanor Lazat, the mission on the attractiveness of investments in clean energy sector was successfully completed in line with the set goals. The mission's work provided an...
In 2017, the West African Development Bank (BOAD) secured CFA1.3 billion of grants from the Global Environment Fund (GEF) for clean energies development in Togo. This was disclosed by the institution’s president, Christian Adovèlandé, ahead of the 45th anniversary of the bank.
The financing was provided to “boost Climate projects that are likely to benefit from funding falling under...
Last Friday, Eleonore Lazat, head of the Bloomberg New Energy Finance (BNEF) mission recently in Togo to collect data for the 2018 Climatescope report, was received by officials from the ministry of environment and forest resources. This was the last day of the mission in the country and on this occasion, Lazat told the minister’s cabinet director and others concerned by the study, about its...
Togo, like all other countries of the West African Monetary Union (WAEMU), is going through a true mobile revolution.
According to the country’s minister of posts and digital economy, Cina Lawson, who is currently attending the 2018 VivaTech Paris Conference with 10 Togolese startups, “in the past five years, mobile penetration rate in Togo has soared by 700%”.
The official made this...
May 25, the Togolese Revenue Office (OTR-Office Togolais des Recettes) launched at its headquarters in Lomé, a national census to develop a land inventory. This was disclosed to the press by tax commissioner, Adoyi Esso-Wavana Ahmed.
According to the commissioner, before collecting land tax, it is important to have crucial information about the given land, such as the name of its true owner or...
A group of ten Togolese startups led by the minister of posts and digital economy, Cina Lawson, is currently in Paris for the Vivatech conference, which is under the patronage of French President, Emmanuel Macron.
“I came with about ten entrepreneurs who develop many apps. I would like to congratulate them for their constant genius,” the minister said in a tweet, adding that she is “proud...