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Lomé currently hosts a workshop on World Trade Organization (WTO) Trade Policy. The session was launched on September 9, by Kossivi Hounakey, Togo’s Minister Delegate of Trade. The training, also held last year, will last eight weeks.
This program targets officials from trade ministries in French-speaking Africa and covers key WTO principles. Topics will include multilateral trade agreements,...
Togo’s Chamber of Commerce and Industry (CCI-Togo) and China’s Chamber of Commerce for Import and Export of Machinery and Electronics Products (CCCME) are now partners. The two chambers signed a memorandum of understanding (MoU) to this end last in Beijing, during the 9th China-Africa Summit.
The MoU aims to bolster relations between Togolese and Chinese businesses, amidst recovery from...
Togo and Huawei are stepping up their cooperation on the ICT front. The two partners signed a memorandum of understanding (MoU) last week in Beijing, during the 9th China-Africa Forum (FOCAC 2024). The document was signed by the Togolese Minister of Trade and Industry.
The MoU aims to improve Togo's digital infrastructure and create new economic opportunities. Huawei, a global leader in...
Togo has officially joined the Asian Infrastructure Investment Bank (AIIB) on September 4, on the sidelines of the 9th China-Africa Economic Forum (FOCAC 2024) in China. President Faure Gnassingbé chaired the related signing ceremony, alongside AIIB CEO HU Kun.
Now that it is an AIIB member, Togo should have greater access to financing for major infrastructure projects across various sectors,...
Togo already raised more on the West African securities market (WAMU Securities) than it eyed for the full year. With its latest issue on the market, carried out on September 6, Lomé has reached CFA621.4 billion since January. Togo’s goal for the year was CFA607 billion.
In detail, Lomé retained CFA28.3 billion out of CFA30.3 billion offered by 18 investors. The treasury, however, sought to...
Togo has engaged in discussions with the Chinese defense sector during the FOCAC in China, aiming to enhance military cooperation between the two countries. On September 4, 2024, Togolese President Faure Gnassingbé met with Chinese Defense Minister Dong Jun in Beijing. They talked about strengthening Togo's military capabilities and developing road infrastructure.
China is ready to provide its...
The Togolese Ministry of Labor recruits new competent teachers to bolster the education sector. On September 5, 2024, the ministry announced a national contest to recruit 4,386 state teachers.
Applications will be accepted from September 9 to November 7, 2024, at regional education departments and regional technical education and vocational training inspectorates. Applicants, Togolese men and...
A fire broke out at the Port of Lomé on September 5, damaging three coasters, one of which sank. The incident occurred around 9 a.m. in the area where small coasters and tugs are usually parked.
In response, the Port Authority announced plans to increase safety measures. Regular inspections and checks will be conducted to ensure fire-fighting equipment is operational. Economic operators at the...
Togo’s non-tax revenues rose to CFA12.38 billion in Q1 2024, up from CFA4.90 billion in Q1 2023 (+152.65%). The Lomé airport significantly contributed to the boom.
Recent data from the Budget and Finance Department shows that the airport paid the Treasury CFA5 billion in fees for rehabilitation works, twice the sum the State expected. The fees made up 40% of non-tax...
Togolese earned CFA422 billion from exports throughout the first half of the year. According to the country’s Institute of Statistics (INSEED), the figure is down 0.9% year-on-year (CFA426 billion.
During the six months ended in June 2024, export revenues were the highest in March, standing at CFA81.3 billion. They stood at CFA63.8 billion and CFA64.6 billion in January and February,...
Members of the Decentralization Ministry’s top brass are participating in a training workshop on program budgeting. The workshop, which began on September 3, 2024, in Kpalimé, ends on September 8. It is part of an initiative to build capacity for preparing program budgets for the 2025 fiscal year.
The goal is to help the ministry’s workers understand the steps necessary to set up a program...
German Group Heidelberg Material (formerly known as HeidelbergCement) is planning new investments in Togo, where it already operates through its subsidiaries SCANTOGO, GRANUTOGO, and CIMTOGO.
On September 3, 2024, Hakan Gurdal, the Group's Managing Director for Africa, the Mediterranean, and West Asia, announced these plans during a meeting with Togo's Prime Minister, Victoire...
Togo's Court of Auditors is pushing for greater female representation in public finance audit bodies, to achieve 30% women among financial magistrates and inspectors by 2025.
The Court highlighted significant gender imbalances in these institutions. Currently, only one out of 20 magistrates at the Court of Auditors is a woman. At the Inspectorate General of the Treasury (IGT), all five officers...
Togo is expanding its partnerships on the sidelines of the 9th China-Africa Economic Forum (FOCAC 2024) in China. The Togolese delegation, led by President Faure Essozimna Gnassingbé, signed a memorandum of understanding (MOU) with the Haier Group, a global leader in household appliances, health, and energy.
The MoU, which covers the health and energy sectors, comes as Togo continues efforts to...
Several heads of Togolese Micro, Small, and Medium Enterprises (MSMEs) recently participated in a two-day workshop to boost their capacities. Ended on September 4, the meeting was organized by the Ministry of Trade and Local Consumption.
Around 30 leaders, including members from the Togolese Group of SMEs, the FAIEJ, and the Togo Chamber of Commerce and Industry, took part in the workshop....
The Coordination Committee for Coffee and Cocoa Sectors (CCFCC) has extended the registration deadline for the 2024-2025 coffee and cocoa marketing season. The new deadline is September 16, instead of August 30.
The CCFCC has also urged operators with incomplete applications to finalize their documents before the new deadline.
Approved cocoa and coffee exporters for the upcoming campaign...