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Since last Monday, 70 officials of agriculture ministries and statistics institutes from 20 African countries are being trained to agricultural statistics in Addis Ababa, Ethiopia.
Initiated by the African Centre for Statistics of the African Economic Commission (AEC), the training falls under UN’s global strategy to improve agricultural and rural statistics. It also aims to help achieve...
On the sidelines of its 110th ordinary session last Wednesday in Abidjan, the West African Development Bank (BOAD) approved a CFA4 billion financing to upgrade Togo’s 2 Février Hotel in Lomé.
The regional bank, highlighting that the funds would be soon disbursed, added that they will mainly be used to purchase and install equipment for the upgrade. These include fire alarm, air-conditioning,...
Initially set for September 16, 2018, closing of applications to the Vlisco Fashion Fund contest has been extended to September 30, a note released on the event’s official page reveals.
African designers thus still have the chance to apply and possibly win the €5000 reward the challenge offers.
Beside the money, winning candidates will benefit from a two-week professional...
The International Fund for Agricultural Development (IFAD) will soon be providing Togo support for its Agricultural Financing Incentive Scheme (MIFA).
Truth is, a delegation of experts from the institution, led by its Director for West and Central Africa, was recently in Lomé in this framework.
During its visits, IFAD experts met with various officials engaged in the MIFA, to better understand...
Keras Resources announced on Tuesday it has identified a new outcropping mineralisation at its Nayega manganese project in northern Togo.
Eight additional hectares have been discovered at Ogaro, few kilometers from the main Nayega deposit, the AIM-listed company revealed.
Samples taken from 14 wells with a 35-m depth to test Ogaro’s central mineralization area have shown positive results,...
Twenty billion CFA. That is the budget dedicated to the e-ID Togo project announced last April during a council of ministers. This project will provide each Togolese, and any person residing in the country, a unique biometric ID number.
It (the project) will also help the government have reliable data on populations, thus enable it better provide them public and social services. Led by the...
In Togo, the national fund for inclusive finance (FNFI) has at June 30, 2018 collected a total of CFA30 billion from the State and various lenders. This was disclosed Sept 18 by Assih Mazamesso, State secretary in charge of financial inclusion and informal sector.
Leveraging the funds, the FNFI has provided CFA75 billion loans through a revolving system. Compared to CFA73 billion announced a few...
In Togo, the project to rehabilitate and modernize the Avépozo-Aného road will soon begin, according to a document obtained by Togo First.
In detail, populations affected by the project are being compensated. “The inter-ministry committee for the compensation of people affected by the project, after assessing built properties, is conducting negotiations and payments,” the document...
To boost its support to the sub-regional financial system and anticipate future disruptions, the BRVM just launched a fintech contest.
Entitled BRVM Fintech Innovation Challenge, this contest targets young talents, aged between 18 and 40, and bearing innovative projects, Ecofin Agency reports.
Some of the selected applicants will benefit from a 6-12 months support to implement their...
The Central Bank of West African States just released its annual report on banking conditions across the WAEMU in 2017. The document provides a detailed review of the union’s banking sector, with specifics regarding loans granted over the last year, as well as customers’ deposits and interest rates in place.
In five points, here is a summary of the apex bank’s report for Togo.
No new...
Approved during a ministers council end-March 2017, the merger between State-owned banks BTCI and UTB was suspended, sources close to the case told Togo First.
“The merger is suspended and its effective date has been postponed…until ongoing talks with the IMF, regarding other options to restructure or rescue BTCI and UTB are concluded. The two institutions will hence restart operations,...
Last Friday, the United Nations Development Programme (UNDP) released its latest human development index (HDI). In the rankings, Togo came 165th over 189 nations.
With an index of 0.503 against 0.500 in 2017, the country ranked under the category of countries with a “low human development”, alongside Nigeria (157th), Rwanda (158th), Benin (163rd), Senegal (164th) and Côte d’Ivoire...
For its 45th anniversary, the West African Development Bank (BOAD) has launched a new contest which will reward the best bearers of clean energy projects (in WAEMU) with a CFA30 million grant.
Eligible applicants include civil society organizations, professional or non-professional associations, researchers, and private entities. Projects submitted should include an environmental resilience...
From October 23 to 29, 2018, the International Agriculture and Agrofood Fair of Lomé (SIALO) will take place. This was recently announced by the event’s coordination team on its official website.
The seventh edition of the fair will be held at the Centre Togolais des Expositions et Foires (Togo 2000) to be exact.
The Sialo brings together various actors of the Togolese agricultural, fishing,...
By September next year, Togo plans to open a school-farm in the Savanna region. The project falls under its 2018-2022 national development plan and will help train young breeders, and subsequently help the country get its own dairy production and processing value chains.
“We wish to have our own dairy sector. We are here to identify good partners to benefit from their expertise in cow genetics...
Launched by Bernadette Legzim-Balouki, minister of Trade, the Project for the sustainability and reinforcement of cashew and sheanut’s commercial capacities (PRODAK) will benefit from a three-year $5.6 million financing. This was disclosed by Commodafrica.
In this framework, Togo’s government and the World Trade Organization (WTO) signed a financing agreement last week. The monies...