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Launched last April 25 with the support of Nigeria and AfDB, the pilot phase of Togo Incentive-Based Risk Sharing System for Agricultural Lending (TIRSAL) will begin soon, impacting maize and rice sectors first.
The fund will help boost these cereals’ outputs. This is good news considering that Togo recorded last season a rice deficit of 70,000 tons which should be recorded during the actual...
Togo’s chamber of commerce and industry (CCIT) urged those exporting chemical products to the European Union from the country to respect European laws regulating the activity.
Deadline to register their products is May 31, 2018. The products are used in industrial processes, according to the Registration, Evaluation, Authorization and Restriction of Chemicals scheme. In addition to these,...
Diplomats from Morocco and Togo no more need visas to visit each other’s countries. This was decided by an agreement signed on Wednesday by the two nations’ respective ministers of foreign affairs, Robert Dussey and Nasser Bourita.
This was done in Marrakech on the sidelines of the 5th Euro-Africa conference of migration and development.
Togo, let’s recall, recently signed with...
Announced a few weeks ago during a ministers’ council, the project for biometric identification of Togolese citizens is now operational.
A credible source indicated that “Togo’s presidency has enough funds under the State budget to finance e-ID Togo project to carry out biometric identification of the population. It plans to use part of these funds to pay equipment required for the...
In line with the Presidential measure to provide youth and women entrepreneurs 20% of public procurements, EPAM which is the public autonomous institution for procurements operation launched a restricted call to tender targeting the population concerned by the measure, for some works.
To be exact, 15 young people including women, will be selected. The call to tender however states that “firms...
Togo is part of world’s 30 countries where immigrants are most well received. This was revealed by a recent study conducted by U.S. firm Gallup. This company is well known for its many surveys and studies, including the recent Findex with World Bank.
Ranked 27th on Gallup’s index where are listed many African nations, Togo ranked with a score of 6.96 points.
In Africa, the top most...
World Bank claims Togo and other West African nations fail to draw significant funding in their power projects because these are small scale projects yet very expensive.
This is mainly due to the fact that local demand of these countries is low and lacks planning, among others. This indeed led authorities to resort to emergency rental plants.
Meanwhile, West Africa’s electrification rate...
The project to support agro-ecological transition in West Africa (PATAE) was launched April 27, in Abuja. The project currently covers Burkina Faso, Mali, Côte d’Ivoire, Senegal and Togo.
With €8 million (CFA5 billion), AFD supports this project which will extend over four years, from 2018 to 2021.
PATAE will in detail finance field projects supporting agro-ecological...
During a visit in Doha, a Togolese delegation led by President Faure Gnassingbé himself signed on April 30, six conventions and memoranda of understanding with Qatar’s emirate.
Under these agreements, holders of diplomatic and special passports from any of the two countries can visit the other, without a visa. Also a mechanism of periodic diplomatic consultations will be set up to boost...
Togo’s public treasury wants to raise CFA20 billion on UMOA-Titres financial market. This is the second operation of such size in Q2 2018 and it will occur on May 4, a note from UMOA-TITRES reveals.
According to the source, fungible treasury bonds issued by Togolese treasury have a nominal value of one million CFA per unit. It comes with multiple interest rates to give much margin to...
Government plans to make significant investment in health sector, said President Faure Gnassingbé last Friday during his speech for the 58th anniversary of Togo’s independence.
The investments align with major projects launched by Lomé, to enhance hospital management and improve health services. “Besides putting management of public health centers under contract, massive investment will be...
Two Togolese startups were nominated in the framework of the African Digital Awards (ADA) which rewards 10 innovative tech firms and SMEs from seven African countries (Côte d’Ivoire, Burkina Faso, Senegal, Ghana, Rwanda, Benin and Togo).
The two Togolese firms are SEMOA Group headed by Edem Adjamagbo and Namcredit which is led by Ayawo Ameganvi.
The first is a startup that specializes on...
Togo and Qatar just agreed on signing soon, an agreement to allow their respective diplomats to travel between the two countries without visas, to foster their cooperation.
This was during a work visit in Doha, between Togolese minister of foreign affairs, Robert Dussey, and his Qatari counterpart, Sheikh Mohamed bin Abderrahmane Al-Thani.
In order to boost bilateral relations between the two...
In Togo, professionals of insurance firms, banks and financial institutions will meet in Lomé, for a fair on 24-26 May, 2018.
According to the event’s initiators, its main goal is to create a platform for exchanges between actors of the finance and public sectors.
This is the first edition of the fair and its main purpose is to augment the number of involved actors; ease search for new...
Togo’s government plans to invest €100 million (more than CFA65 billion) in the Togo Incentive-Based Risk Sharing System for Agricultural Lending (TIRSAL). This was revealed by President Faure Gnassingbé today, April 27, on the sidelines of Togo’s 58th independence anniversary.
“With the help of TIRSAL fund whose capital is €100 million, or CFA65 billion, the issue of...
Between November 14, 2012 and November 26, 2017, Togo’s government has prohibited 36 ships from operating on its seas. These include among others Pioneer 168, Fat Crow, Med Way, Kun Peng, Albany and more, all operating under the Togolese banner.
Maritime affairs directorate says the ships carried out illegal activities and thus hurt Togo’s reputation.
Let it be recalled for example the case...