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The government plans to soon launch a campaign to identify all agricultural lands in Togo. This was disclosed yesterday, on the first day of the 11th National Farmer Forum in Kara, by Noël Bataka, minister of agriculture.
The move aligns with a decree passed last Feb. 27th, forcing all rural land owners to valorize their property or have it transferred to any person interested in doing so and...
As announced earlier, the 11th edition of the Togolese Farmer Forum (FNPT) was launched yesterday at the Palais des Congrès of Kara, by Noël Bataka, minister of agriculture, fishery and animal production. “As we start this forum, opportunities and exchanges are the two main subjects," the official said.
“We talk of opportunities because the agricultural sector will be presented in its...
It’s official. Coralie Gevers, former chief of the World Bank’s operations in Mongolia and active in Madagascar and the Comoros since 2014, is the new chief of operations of the institution in Togo.
She replaces Pierre Laporte who oversaw the bank’s operations in Togo, Côte d’Ivoire, Benin, Burkina Faso and Guinea.
Gevers, a Belgian economist, joined the World Bank in 1996, holding...
On the sidelines of the World Bank’s annual assembly, the Bretton Woods institution committed to support Togo’s National Development Plan (2018-2022 PND). This is after meeting a delegation from the West African country asking the institution to increase its financing for Togo.
Representing Togo at the meeting was the minister of finances, Sani Yaya, and head of development planning, Demba...
Feasibility studies for the Abidjan-Lagos road corridor project has begun.
Related contracts for the studies, environmental and technical, are already signed, reliable sources indicate.
An execution team was set to steer the project and monitor the ongoing studies. This cell will communicate details about progress made to the ECOWAS Commission, as the project goes on.
While $22 million...
HeidelbergCement, world’s second largest cement maker, plans to invest €25 million in its Togolese subsidiaries, Cimtogo, Scantogo and Granutogo.
At a meeting with the press last Friday, Eric Goulignac, local MD for the firm, discussed projects planned by HeidelbergCement to support the national development plan (2018-2022 PND) whose second axis focuses on the extractive sector.
At the...
Leveraging a successful bond issuance recorded last Friday, Togo seeks to raise a total of CFA95 billion on UMOA securities market during five more operations it plans this quarter.
In detail, according to the UMOA-securities debt planning agency, the country will seek CFA40 billion on the regional market, via two fungible treasury bills issuances. The two operations are set for April 19 and...
The Togolese government intends to, by 2040, triple freight to landlocked countries to which it has access by building a dry port in Cinkassé, in the Savanes region. From 3.786 million tons now, this volume should stand at 10.230 million in line with the authorities’ target.
The port will be built over a 100-hectare property. It will help containerize and strengthen transport corridor between...
The High Authority for Audiovisual and Communication (HAAC) just adopted a strategic action plan covering the 2019-2023 period.
To carry out this plan, the media regulatory organ should raise CFA3.5 billion. PNUD’s representation which helped draw the plan said it will support.
According to Maurille Agbokou, Advisor on the project, funds alone are not enough to facilitate the plan’s...
“Digital transformation has the potential of unlocking new pathways for inclusive growth and creating jobs in Africa…Yet, access to the internet remains unattainable for most people in the region, which requires investment to be made in infrastructure and youth education,” the World Bank said in the latest edition of its Africa’s Pulse report.
“The digital transformation can increase...
Last Friday, Togo raised CFA77 billion on the UMOA-securities regional market, through a fungible Treasury bond issuance. This operation, the first for this second quarter, initially had a target of CFA20 billion, and was thus oversubscribed by 386%.
This outstanding performance follows another at the close of Q1 2019 where Togo raised CFA22 billion against an initial target of CFA20...
Téolis, the internet service provider (ISP) which recently entered the Togolese market announced that it would open up its capital only under certain conditions.
“We are willing to open our capital. It is not closed. However, for now what we are looking for are real partners, who bring to the table more than just money. We are looking for a partner with expertise,” a global network,...
The second phase of the expansion of the national road n°1 (RN1) will be showcased during the Togo-EU forum which will be held in Lomé next June 13-14.
The phase which will cost $620 million should improve the movement of goods and people along the Lomé-Ouaga axis, in addition to boosting performances of the port of Lomé. It articulates with other projects such as the dry port of...
Starting next June 23, Ethiopian Airlines will be flying to Houston, Texas, via Lomé. This is after deciding to terminate its Addis Ababa-Lomé-Los Angeles liaison.
According to reliable sources, the line that went to California is being redirected to Houston and there will be three flights per week to this destination.
“New flights to Houston will be the only line between Houston and...
Sinapi biomedical, a Stellenbosch-based (Western Cape, South Africa) biomedical engineering firm plans on entering the West African market, through Togo.
“We wish to collaborate with local authorities to improve healthcare in Togo. We are actually seeking a local private or public partner, specialized in the distribution of our medical devices.” This was revealed to Togo First by Tobias...
Togo’s minister of posts, digital economy and technological innovations is currently in Dubai where she is attending the 9th Annual Investment Meeting (AMI).
The minister will talk during a panel of the United Nations Economic Commission for Africa (UNECA). She should at this occasion meet various investors to discuss investment opportunities available in Togo, same as she did during the...