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Togo’s agency for rural electrification and renewable energies (AT2ER), is currently carrying out a sensitization campaign in Kara, in the north.
On this occasion, the agency told various administrative authorities and actors of civil society about some of the actions it undertook to ensure that Togo is fully electrified by 2030.
The AT2ER was established in May 2016 to boost rural...
From next April 24 and 26, Lomé will host the West Africa Fertilizer Forum.
The event will gather major actors and all parties interested in the West African fertilizer industry, according to the Africa Fertilizer initiative, which will organize it in partnership with the Regional Fertilizer Professionals Association.
More than 200 participants from 38 countries are expected at the...
There are no e-money institutions in Togo, unlike Benin, Burkina Faso, Mali, Côte d’Ivoire and Senegal. This was revealed in a report on these institutions released by the Central Bank of West African States (BCEAO) at the end of December 2018.
Just like Togo, Guinea-Bissau and Niger also have no e-money institutions but rather focus on partnerships between banks and telecom operators active...
Yesterday, the International Employment Forum was held in Lomé. The event which was organized by Togo’s national employment agency (ANPE) and Migration aimed at presenting support and framework established by the agency to facilitate travel abroad, legally, for professional purpose.
The theme of the event was “Employment beyond borders”.
Among attendees were many representatives of...
Oragroup will be listed on the Bourse Régionale des Valeurs Mobilières (BRVM) next April 16. The bank indeed received the approval of the regional council or public savings and financial markets (CREPMF) for the operation.
The listing, which covers 20% of the lender’s capital (floating) will take place a few months after its IPO which occured between October and November 2018.
The IPO, it...
In 2017, there were 38.13 million mobile money transactions in Togo. This figure which is almost twice that recorded in 2016 corresponded to an amount of XOF394.3 billion in 2017, against XOF263.1 billion the year before.
The data was disclosed in the BCEAO’s latest annual report on digital financial services across the WAEMU.
The rise in the number of transactions translates an increase in...
A delegation of the African Green Revolution Alliance (AGRA) will attend the 11th National Togolese Farmer Forum of the (FNPT) which will start next April 11, in Kara.
This was reported by the minister of agriculture, animal production and fishery, after a recent top-class meeting on food security in the Sahel and West Africa, held in Brussels. A meeting during which the AGRA itself made the...
From over 80% at end-2016, Togo’s public debt was below 70% at the end of March 2019. This was declared by Sani Yaya, minister of economy and finances last Tuesday during a meeting to review a mission of the International Monetary Fund (IMF) under the fourth extended credit facility (ECF) review.
The decrease results from efforts made by the government to cut down public debt. Indeed, “the...
Togo’s growth rate could slightly exceed 5% in 2019. The figure was revealed during a press conference held April 2, 2019 and closing of the mission of the International Monetary Fund (IMF) present in Lomé since March 20, to review the Extended Credit Facility (ECF).
“After a strong slump in 2017 caused by sociopolitical tensions, economic growth hiked up to 4.9% in 2018,” said the...
Togo’s chamber of industry and commerce will take all the necessary steps for the seamless contribution of the country’s private sector to the success of Togo-EU economic forum. This major support from the private sector was announced by Germain Méba, president of the chamber.
To sensitize operators and explain the reasons economic operators should attend this event, the chamber...
On Monday, the website dedicated to the EU-Togo economic forum was officially launched by the committee in charge of organizing the event.
The site was launched to, among others, promote the forum which aims at securing financing for the national development plan (2018-2022 PND).
According to Kodzo Adedze, minister of the private sector, this marks a “major step in the history of Togo.” An...
Almost all 97 reforms projected in relation to the country’s public finances have been carried out or are underway. This was revealed on Monday during a session to review the reforms.
“In 2018, we planned 97 reforms, out of which 54 have been effectively implemented, 34 are underway and 9 yet to be initiated,” said Dedji Affoh, Division Chief at the Permanent Secretary of the Ministry of...
The University of Lomé is currently hosting the “10,000 Codeurs Togo” meeting.
The event’s theme is “digital professions: a path leading to the empowerment of Togolese youth.” It is organized by 10,000 Codeurs, a network of individuals active in the digital industry who help young Africans get jobs in this sector.
The network in Togo hopes to be backed by the ministry of posts,...
Mediterranean Shipping Company (MSC), world’s second largest shipowner, plans to invest €500 million in the Lomé Container Terminal in which it holds a stake, over the next decade. This was revealed to Jeune Afrique by MSC’s new managing director, Ammar Kanaan.
“The port is running very well. Our productivity on the docks keeps growing every year and has now made Lomé one...
Out of 979 listed projects, 250 have been selected to be financed by the Culture Promotion Fund (FAC) this year. Just like last, the projects which were submitted by various cultural associations will benefit from a CFA600 million facility.
In detail, the performing arts projects will get CFA274 million or 46% of the planned budget. Next are film and audiovisual productions which will get...
“We are completely opened to a deep reform of the CFA, however it is up to the States to decide.” This was declared by France’s Minister of Economy and Finance, Bruno Le Maire after meeting with Niger's president, Issoufou Mahamadou on the sidelines of a meeting between the Franc Zone’s ministers of finances, held in Niamey on March 27-28, 2019.
According to these ministers, the zone...