Search
Page : 415 - Results of 6625 to 6640 from 6931 Results
On May 15, President Faure Gnassingbé is to launch in Angoin, 62km from Lomé, a mobile banking solution, named ECO CCP.
Developed by Togo’s post company (SPT) and mobile operators, Moov and Togocel, ECO CCP is accessible everywhere across the country, via mobile.
It aims first to boost financial inclusion by improving access to digital finance, and secondly to capture non-productive and...
From May 25 to 28, a top-class meeting will be held regarding the Single African Air Transport Market (SAAT). The event will be co-organized by the African Union Commission (AUC) and the African Commission for Civil Aviation (ACCA).
The meeting will focus on implementation status of immediate measures related to the efficient operation of the market and on how to facilitate harmonization of...
Group SUNU has completed acquisition of Banque Populaire pour l’Epargne et le Crédit (BPEC).
The operation saw SUNU Investment Holding SA, specially established to be the bank holding of SUNU Group, acquire a 58.08% stake in BPEC.
Now besides SUNU, other stakeholders of BPEC are Cauris & Afric Invest Fund (19.52%), some nationals (21.19%) and others (2%).
SUNU also contibuted to capital...
Since last Wednesday, Bamako hosted the Forum for Entrepreneurship and Professional insertion of Youth (FEJIP) in WAEMU. It aims to promote innovative projects led by young entrepreneurs, in sectors like agriculture, renewable energy, digital, etc.
Bessanh Komlan Edem, creator of Champiso (a mushroom-based beverage), who has been named best entrepreneur of 2017, and Ouro Agoro Amina Azia, head...
Lomé-based association Energy Generation which promotes and supports innovation in power sector just launched Miklin, an incubation programme solely dedicated to Togolese startups.
The programme which will extend over six months will benefit 15 startups. Application is open till May 27, to any person or group living in Lomé or its surroundings.
The following link can be used to apply, or this...
To mitigate loan risk, Togo’s government has just amended the law n°2016-005 of March 14, 2016, for the regulation of credit information bureaus (CIBs) within the West African Monetary Union (WAEMU).
In a council of ministers last Tuesday, the newly amended bill aims to obtain information on loan takers to assess their credibility, provided the client gives their approval. However, article 53...
Government just launched call for proposals to finance innovative projects in agricultural sector. This falls under the Agriculture Support Project (PASA) which is part of the National Investment Programme for Agriculture, Food and Nutritional Security (PNIASAN).
PASA will be sponsored by the productive subproject competitive fund (FCSPP) which is one of the financial tool, alongside subsidies...
Total investments of Togolese firms should rise this year, after slumping in 2017. This projection was made in the 5th investigation for macroeconomic survey in 2017, carried out by the ministry of economy and finance. Sample population for the study was 200 companies, picked from OTR’s database.
Volume of investments decreased by 18.6% in 2017, as compared to 2016 despite a greater...
Telephone, power and water utilities operators, as well as mass retail professionals (“big billers” as they are called in Togo) were allowed during a ministers’ council held on May 8, 2018, to release details of their consumers’ balance.
According to the related statement from government, this is to “enable big billers to provide information on balance of water, power and phone users...
Togo’s ministry of transports and infrastructures, under 2018 State budget, will rehabilitate 67km of road in the Tchamba prefecture. This town is located 35km east of Sokodé, the capital of the central region.
A call to tender was launched for the project. According to a credible source, projected works are divided into four lots:
First lot concerns the Tchamba-Alibi,...
Results of Togo's fifth edition of macroeconomic forecast survey were released on May 9, 2018.
The study for which 200 private firms were used as sample reveals that banks greatly contributed to private sector’s investments in 2017. Indeed, this contribution soared from 24.5% in 2016 to 44.7% in 2017.
Meanwhile funding of investments on equity slumped, from 72.9% in 2016 to 51.6 in 2017. As...
On May 8, Togo’s government, during a council of ministers, adopted a bill for code of cinema and motion picture.
The country wants thereby to build a true film and animation industry while focusing on the protection and valorization of local culture, and cinema particularly.
The movie industry that will arise from this new code should, according to authorities, prioritize local instead of...
Cina Lawson, Togo’s minister of posts and digital economy, just got approval to sign decrees to increase the duration and coverage area for 2G and 3G licenses awarded to Togocel and Moov. Thus, the licenses are valid till 2032.
Additionally, the minister was allowed to award the two operators 4G licenses, in line with digital strategy.
The measure aligns with the government’s objective to...
Togolese subsidiary of Vinci Sogea-Satom won a contract of more than CFA9 billion falling in line with a program that aims to tackle and prevent flooding. The latter was launched last April 24th.
Under the new contract, the construction firm will conduct road development and rehabilitation in the Togblékopé district, which is in the Agoè prefecture, 5km from Lomé, the capital.
Concretely,...
Launched by the Union of Certified Custom Professionals of Togo (UPRAD-Togo) to tackle fraud (smuggling mostly) related to transiting used cars, tracking system Meris apparently fails to convince everyone.
During a general assembly held last Thursday at Lomé’s autonomous port (PAL), non-certified freight forwarders said Meris which was set up to monitor transportation of cars from PAL to...
The West African Development Bank (BOAD) and ECOWAS’ Investment Bank (BIDC) will finance a project to build and asphalt a 30-km road along N°17 national route.
International call to tender states that BOAD will contribute 73% of the needed financing. Remaining part will be covered by BIDC.
Works will be conducted on Nali-Sali axis located in the Oti prefecture. They will fall under a more...