Search
Page : 368 - Results of 5873 to 5888 from 6930 Results
Germany recently decided to provide Togo €66.5 million, under their bilateral cooperation.
“Germany is ready to inject an additional €66.5 million to support the Togo-Germany cooperation,” said Brigitte Pickel, head of a German delegation which came to Togo at the beginning of the week to discuss furthering cooperation between the two countries.
Parts of the funds will be used...
On the second day of President Gnassingbé’s trip in the United Arab Emirates, two major Emirati groups committed to invest in Togo’s agriculture and energy sectors respectively.
On March 12, Faure Gnassingbé met with the vice president and co-founder of Al Dahra Holding to talk about Togo’s goals in the agro-food industry. On that occasion, Al Dahra’s co-founder declared : “I...
Togo’s revenue office (OTR) signed last Tuesday a deal with Union Togolaise de Banque (UTB) to simplify and ease online payment of taxes and duties.
With this, UTB becomes the second bank to partner with OTR in the framework of e-payment’s implementation. The first bank was Ecobank transnational incorporated (ETI).
For the OTR, this partnership falls in line with its strategy to...
A delegation of the Abu Dhabi Fund should soon visit Lomé, according to the communication division of the Togolese presidency.
This visit falls under the fund’s desire to support Togo’s 2018-2022 national development plan (PND 2018-2022). It was decided during talks between President Gnassingbé and Mohamed Saïf Al Suwaidi, director of the Abu Dhabi Fund.
The talks concerned improving...
The eleventh edition of the notaries forum opened in Lomé, last Monday, March 12.
During the event, notaries will be updated on the new land code, their roles and responsibilities.
The three-day forum will help notaries better do their work, amid a changing regulation.
“The notaries’ forum is a real chance, an opportunity to boost skills,” Pius Agbetomey (photo), minister of justice...
In Q2 2019, Togo will try to raise CFA115 billion on the regional financial market. Broken down, the country’s public treasury should seek CFA40 billion as fungible treasury bonds and 75 billion as fungible treasury bills.
The figure was released in a statement issued by the West African Regional Debt Planning Agency. Provisional calendar for the fundraisings is however yet to be...
Togo’s Trade and Industry Bank (Banque togolaise pour le commerce et l’industrie – BTCI) has just committed five billion CFA to the agricultural financing promotion mechanism, MIFA. The facility, yielded after talks between the two parties involved, will support agricultural value chains in Togo.
Launched last June, the MIFA’s purpose is to encourage financial institutions to fund...
Odalys, Europe’s second largest tourist accommodation group, plans to set shop in Togo by 2022, in line with its expansion strategy in sub-Saharan Africa (SSA).
Besides the Togolese capital, the French group, which has already started operating in Douala, also intends to extend its footprint to Abidjan, Côte d’Ivoire by 2022. More than 10 projects are also being studied in markets such as...
AIM-listed mining firm Keras Resources has secured the approval of theTogolese government to export a 10,000 ton bulk sample of its manganese production of Nayega.
“I am delighted to announce that we have completed the bulk sample and received all the required authorisations to begin shipping for metallurgical testwork at the third-party ferromanganese smelter facility. The shipping is the...
Establishing the African Continental Free Trade Area (AfCFTA) could be detrimental to West African integration if all countries in this region fail to sign and ratify the related agreement. This was a concern expressed by the heads of the ECOWAS and WAEMU commissions during the two institutions’ latest joint meeting, on March 8th 2019.
To date, only eight countries in West Africa, including...
In Togo, the Golfe and Agoè-Nyivé prefectures adopted a budget of about CFA9 billion for 2019, up 0.25% compared to the past year.
This budget entails two main components which are operations and investments. The second concerns development projects in the prefectures, including construction of public buildings in townships, as well six bridges.
Let’s recall that overall, the country fixed...
Togo just signed with the Khalifa Fund for Enterprise Development, in Abu Dhabi, a $15 million (CFA8.7 billion) financing agreement. The facility will be used to support micro, small and medium enterprises in the country.
The agreement was signed, in the United Arab Emirates, by the chairman of Khalifa Fund, Hussain Jasim Al Nowais, and Togo’s minister of economy and finance, Sani Yaya;...
Next Wednesday, the Central Bank of West African States (BCEAO) will hold a regional meeting on the uniform act on factoring across State members of the West African Monetary Union (WAMU).
Factoring is a form of financing that helps companies with cash flow problems due to slow-paying clients. It allows a company sell its debt or invoices to a specialized entity or factor at a discount. The...
The African Development Bank (AfDB) and the United Nations Food and Agriculture Organization (FAO) granted Togo a million dollars to better fight the fall armyworm invasion to which it is presently exposed.
“Togo, like many African nations suffers an invasion of fall armyworm,” says George Bohoussou, acting country head of AfDB in Togo. Statistics show that during the 2018-19 agricultural...
President Faure Gnassingbé is currently in the United Arab Emirates (UAE). This visit aims at reinforcing the Abu Dhabi-Lomé partnership and attracting investments for Togo’s 2018-2022 national development plan.
During his trip, the Togolese leader will meet with Abu Dhabi’s Crown prince Mohamed bin Zayed Al Nayan, and Mohammed bin Rachid Al Maktoum, Vice President and Prime Minister of...
A Gabonese delegation was in Togo for the first intra-African Conference for Social Security (CIPRES). This delegation came to learn more about Togo’s model in terms of financial inclusion, about its national fund for inclusive finance (FNFI) to be exact.
“We have been told that Togo’s model is better than ours and thus deemed it useful to meet Togolese authorities during this conference...