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By 2022, the Togolese government wants to shorten to about 24 hours the time spent by a truck to cross the National Road 1 (Lomé-Ouagadougou Corridor).
This would be a significant improvement compared to the current duration, 48-hours, recorded since 2016; and an even greater improvement compared to 2012, when trucks spent 72 hours to cross this road. To achieve its goal, for 2022, the country...
National Institute for Statistics, Economic and Demographic Studies (INSEED) has released a report on the Harmonized Index of Consumption Prices (IHPC) for January 2018. According to the document, global consumption prices level slumped by 0.1% compared to January 2017.
This is mainly due to a 2.9% decrease of the indicator related to “food, non-alcoholic drinks” and “health” baskets....
Infrastructures: 104 km of roads to be rehabilitated under Support scheme for vulnerable populations
In Togo, 104.3 km of rural and urban roads will be soon rehabilitated, under the support scheme for vulnerable populations (PAPV). These roads are located in four prefectures, namely: Agou, Anié, Tône and Bassar.
In details, 23.1 km of road (Avétonou-Messiobé-Kologan-Agokpala) will be rehabilitated in Agou while in Anié’s prefecture, a total of 40 km of road will be rehabilitated. PAPV...
Last Wednesday, United Nations (UN) released in Vatican its World Happiness Report 2018.
The report which was created since 2012 ranks 156 countries based on their happiness level and 117 countries based on happiness level of their residing immigrants.
In this year’s edition, while Finland has overtaken Norway as the world’s happiest nation, Togo is the one to have recorded the greatest...
On March 22, 2018, Internet Service Provider (ISP) GVA (Group Vivendi Africa), subsidiary of French multinational Vivendi, will launch its fiber to the home (FTTH) service in Lomé. This was reported by French newspapers Jeune Afrique.
The telecom firm will launch its service in some of the capital’s areas before expanding.
Last June, let’s recall, GVA and Teolis, another telecom operator,...
In Jeddah, Saudi Arabia, the Islamic Development Bank (IDB) via two loan agreements announced it will inject $20 million (about CFA11 billion) into Togo’s microfinance sector.
Related agreements were signed yesterday, March 14, by the Togolese minister of economy and finance, Sani Yaya, and IDB’s President, Dr. Bandar Mohamed Hamza Hajjar (photo).
The loans will be poured into the...
The pilot stage for the Presidential energy scheme CIZO is now on. This project, let’s recall, aims at providing electricity to more than two million Togolese by 2022, by supplying to beneficiaries individual solar kits which they will pay for in tranches, via mobile money.
Under the pilot phase, 3,000 local technicians spread across Togo’s five economic areas, will be trained. This was...
Oragroup, holding of banking group Orabank, which is present in 12 African countries, Togo included, just confirmed it got €40 million from the Islamic Corporation for the Development of the Private Sector (ICD). This was in the framework of an agreement signed between the two institutions in December 2017.
The funds which will be dispatched to various subsidiaries of the group such as...
Situated 450 km from Lomé, the Institut des Métiers de l’Agriculture (Institute of Agricultural Professions - ISMA) of the University of Kara officially opened on March 12, 2018. This institution will help promote agribusiness in Togo, training individuals in agricultural professions turning them into skilled professionals.
Various courses that will be offered by ISMA include animal health,...
At the end of February 2018, World Bank approved a new programme to help Togo meet standards of the Initiative for Transparency in Extractive Industries (EITI).
In effect, the institution will inject $300,000 (about CFA160 million) in the programme which is steered by Morten Larsen, Mining Specialist of the World Bank, who knows West Africa very well.
The new facility comes after another...
After recently taking part in the International Solar Summit (ISA) in India, Togo secured a financing of $40 million from India. This facility will be injected in a project for rural electrification via PV solar kits.
This was disclosed by Thièm Bolidjia, Managing Director of Togo’s agency for rural electrification and renewable energies, who was part of the delegation that followed the...
Indian firm Ping Pong Global which supplies furniture and construction material to hotels, restaurants, school and universities, among others, will build in Togo a high-class hospital.
Signing ceremony for the project’s memorandum of understanding was presided by Togolese minister of mines and energy, Marc Ably Bidamon, on behalf of his peer from the ministry of health, and Managing Director...
In 2017, Togo exported 246 tons of cashew nuts to US, up 53% compared to 2016, Commodafrica reports quoting an n’kalo newsletter from the nitidæ association (former RONGEAD).
While volumes of cashew nuts it exports to US soared over the period considered, Togo has exported less to Europe. Indeed, it sent 118 tons of cashew to the Old continent in 2017, down 38% compared to the...
So far, only 2% of Niger’s exports transit via Lomé’s Port. However, the port’s authorities, in collaboration with business operators from Niger, intend to increase this figure to 5%.
To this end, many measures should be implemented, according to Fogan Adegnon, Managing Director of the Autonomous Port of Lomé.
Amongst these, improving passage across Burkina corridor and opening the...
After Téolis, internet service provider GVA (Group Vivendi Africa), subsidiary of French group Vivendi which specializes in communication and entertainment, should begin operations in Togo by the end of this month. This was revealed by Togocel’s Managing Director, Affoh Atcha-Dédji, in an interview with L'Afrique Aujourd'hui.
“In Togo, we are transforming telecom sector to make it open and...
In Lomé, the single desk for youths and businesswomen is now operational. The desk was established March 6, 2018, at the Togolese Revenue Office (OTR), according to a joint statement released on March 12, 2018 by the ministry in charge of grassroots development and ministry of economy and finances.
The institution’s creation is in line with the President’s concern regarding easy access to...