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In June last year, Teolis, Togo’s third internet service provider (ISP), spent more than CFA211 million to acquire an operating license. The telecommunications operator however launched its activities in the country only last February 22nd. With a total investment of CFA1 billion since its creation, the new firm seems to be faring well. Its goals in Togo apparently align with that of the...
GVA Togo, subsidiary of Vivendi Africa Group, has launched yesterday its activities in the country. The operator will provide populations its first broadband service for general public, CanalBox.
With its fiber to the home network (FTTH), GVA provides a high quality service at an affordable cost. To be exact, CanalBox will cost CFA45,000 while monthly subscription to the service will be...
So much anticipated by notaries, e-commerce promoters, public administrations and the Centre for Business Formalities, digital signature is finally effective. Indeed, this is subsequent to the adoption of a decree, last Wednesday, on digital transactions and services in Togo.
The decree which looks at other key elements found in the bill on digital transactions, comes to reinforce Togo’s legal...
“Only vehicles meeting technical standards in place and respecting the maximum legal load and size, will be allowed to use public roads,” the Togolese government declared last Wednesday, during a ministers’ council.
This aims at avoiding the roads’ rapid degradation and make the infrastructures safer for populations, the ministers’ council said.
Still in the same regard, the...
During the recent ministers’ council held on March 21, 2018, the government declared it wants to tighten regulation against violations caused by social network users. The decision arose as authorities noticed limitations of the current regulation; one of such limitations being the inability to engage civil and penal liability of internet users.
Meanwhile, “many hate speeches and fake news...
In a ministers’ council held last Wednesday, Togo’s government adopted a bill to ratify statutes of Africa 50, an African infrastructure investment fund that mobilizes private and public funding to spur growth.
Through this bill, Lomé aims to diversify its funding sources ,enabling it to subsequently continue development of major infrastructure projects in the sectors of energy, transport,...
Togo’s power utility, Compagnie Energie Electrique du Togo (CEET), wants to connect this year, twice more users than it currently has. From 50,000, this number should rise to 100,000 according to CEET’s Managing Director, Mawussi Kakatsi.
To achieve its target, the utility launched a large scale connection scheme involving many incentives. The latter includes the 30% decrease in connection...
On March 20, 2018, the University of Lomé got teaching equipment from the International Atomic Energy Agency (IAEA) and the United Nations Industrial Development Organization (UNIDO).
The equipment which was in effect granted to the university’s school of agriculture (ESA), is valued at CFA160 million.
It includes mostly pulpers, huskers, crushers, sprayers, a gas chromatograph with mass...
Togo’s government intends to spend about a billion and half CFA in 2018 to boost access to off-grid energy in 62 rural communities. The preferred power source is photovoltaic.
This was revealed in the detailed budget released by the ministry of economy and finance last Tuesday.
The project covers all of the country’s five regions and is the first of three stages falling under the Solar...
The French ministry of ecologic and inclusive transition and the Environment and Energy Management Agency (ADEME) has selected only 9 out of 92 projects submitted in response to its call to tender for “innovative alternatives for off-grid power access”. This was revealed last March 15, by Nicolas Hulot, France’s State minister, and also minister of ecologic and inclusive...
Togo has joined the Global Shea Alliance on the sidelines of the 11th annual conference on shea sector recently held in Abuja, Nigeria. Moreover, the country wants to host the next edition of the event.
According to news website Africa Full Success, Elisabeth Pali-Tchalla, President of Shea sector led the Togolese delegation to this meeting and said this during talks with her peers...
Business creation in Togo has yet reached another milestone. Indeed, after government reduced various procedures and delay related to the process, it is now possible to create a business online.
Announced since January this year, digitalization of the process effectively took shape in February. This reform falls under a set of measures aiming to improve business climate in Togo and increase...
“Very soon”, Togo’s power utility, Compagnie Energie Electrique du Togo (CEET), will provide users a meter box containing many protected meters.
According to competent authorities, the box can host up to 6-12 prepaid meters and as such should be an “adequate solution to rental homes and apartments where there are distinct users”.
This would help preserve peace between residents of the...
A FCFA2 million check was recently granted to Edem Komlan Bessanh, CEO of NUTRI-TOGO SARL, by the minister of grass-roots development, Victoire tomégah-Dogbé. This was to reward the entrepreneur for winning the Best 2017 Entrepreneur SME Award.
Bessanh received his reward on March 16, 2018, during a cocktail-dinner. His business, let’s recall, produces mushroom-based beverages labelled...
Tanko Timati, a Togolese firm specialized in processing organic tomatoes into paste, said it intends to expand to 19 African countries by 2025. In this framework, the firm aims to increase its capital by CFA250 million before June 2018, by opening up its capital.
The local company established in 2016 actually eyes a turnover of more than CFA50 million this year.
Proceeds it will get by opening...
Togo ends Q1 2018 with a remarkable performance on the regional debt market, UMOA-Titres. Indeed, after recording poor results for its security issuance on March 2, the nation raised CFA17.82 billion over a targeted CFA20 billion (thus an 89.1% coverage) last Friday.
Quite a laudable feat especially considering the mild performance of its neighbor, Benin, the day before. The latter reflects...