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The West African Development Bank (BOAD) will launch a contest for startups operating in the solar power sector, on the sidelines of its 45th anniversary, next November.
The event will reward the best solar projects, in line with BOAD’s vision to support development projects. More information will be disclosed in this regard in the days to come.
Last May, BOAD, let it be recalled, had already...
Last Tuesday in Lomé, a convention for a project to provide technical assistance regarding public finances management was signed by the Togolese government, the International Monetary Fund (IMF) and the European Union.
The agreement was initialed in the presence of the minister of finance, Sani Yaya, the acting Chargé d’affaires of the European Union Delegation in Togo, Vincent Vire, and the...
Ahead of its 45th anniversary next November, BOAD will launch a picture contest focused on the projects it finances with the West African Monetary Union (WAEMU).
Details related to the contest will be revealed in the next days. However, it aims to raise awareness about the bank’s various projects across the union.
In line with its mission, the Lomé-based bank which is led since 2011 by...
In 2017, Togo’s official development assistance (ODA) amounted to $372.84 million (CFA217 billion). This was disclosed by Christophe Komlagan Akpoto, Head of Bilateral Cooperation at the Ministry of Development Planning.
This, he did during a workshop to validate the 2017 ODA report. The latter took place July 10, 2018, in Lomé. The report was supported by UN Development Program...
The Community Development Emergency Scheme (PUDC) will purchase and set up 40 new multipurpose solar platforms in various rural communities across the country, a source obtained by Togo First stated.
In details, the platforms will provide power to the benefiting communities, enabling them to earn revenues, mostly with agriculture-related activities. For example, the power supplied via the solar...
In November 2018, Lomé will host a top-class regional forum on solar energies. The event will be organized by the West African Development Bank (BOAD).
Themed “Solar energy in WAEMU States: Overview, Challenges and Policies”, this forum will gather experts from various parts of the WAEMU and elsewhere, to review issues related to clean energy with a focus on solar power.
The event will...
On Monday, July 9, the Exchange and Research Centre for Leaders of Tax Administrations (CREDAF) started a 3-day seminar in Lomé, Togo.
During the seminar, the 33 delegates from 13 French-speaking countries will discuss challenges related to tax and duty payment, and then find appropriate measures to efficiently collect these revenues.
The meeting was called as a result of growing needs that...
On July 9, 2018, an exchange meeting between Indian and Togolese business operators was held in Lomé, Togo’s capital.
On this occasion, beside Togolese businessmen learning more about opportunities that are available in India, a new win-win partnership framework between both nations was developed.
Actually, the Indian delegation led by Siddhart Jaain, Managing Director Ping-Pong Global Ltd,...
In a recent press statement, the World Bank appointed as its new vice president for Africa, Hafez Ghanem. The Franco-Egyptian will be overseeing a portfolio of more than 600 projects valued at more than $71 billion.
Having worked for more than 30 years in Africa, Europe, Central Asia, Middle East and South Eastern Asia, Ghanem has a rich experience. Prior to his new position, he was...
The new resident representative of World Bank in Togo, Hawa Wagué, has officially entered into office today, July 10. She replaces Joelle Dehasse whose mandate ended last June 30.
“I am glad to join the Togolese team as Resident Representative to pursue the mission of my predecessor,” said Hawa Wagué while taking office. She then added that her priority will be to “reinforce ongoing...
With a second quarter getting off to a great start marked by two successful issuances, Togo’s treasury plans to raise CFA50 billion on the regional financial market this month. The operation covers two 3-year and 5-year issuances of OAT fungible treasury bonds whose results are scheduled for July 20.
The sales occur as the country is regaining a foothold on the market, reflected by the...
Last week, Nouvelle société cotonnière du Togo (NSCT) rewarded the best cotton producers of the six production regions in Togo. The producers were awarded at the end of the tenth edition of the Togolese farmers’ forum (Forum national du paysan togolais-FNPT) held in Kara.
These farmers (54) were awarded on the basis of the productivity per hectare (yield per hectares) and the...
On July 7, 2018, Komi Selom Klassou, the Togolese prime minister met with Siddhart Jaain, managing director of the Indian company Ping Pong Global, to discuss the planning and construction of a reference hospital in Togo.
Announced in March 2018 after a memorandum between the Indian company and the government, this meeting is the concretization of the project. This hospital of international...
In line with its goal to make agriculture one of the country’s growth pillar and job provider, Togo’s government launched in 2016 AgriPME, an initiative that leverages on new technologies to develop agriculture, enabling farmers to get input subsidies from the State, via mobile phones.
Through this initiative, more than 30,000 and 40,000 tons of input were subsidized during the past and...
UN Under-secretary General of Disarmament Affairs, Izumi Nakamitsu, inaugurated yesterday, July 5, the new headquarters of the UN Regional Center for Peace and Disarmament (UNREC), in Lomé. This was after meeting with Togo’s Prime Minister, Selom Komi Klassou.
The building was fully financed by the Togolese State and aims to facilitate tackling peace and security issues in the region and...
Togo’s raw cashew exports to India, the world’s largest processor, soared by 54% to 9,088 tons at the beginning of 2018, Rongead revealed in its N’kalo report released end-June.
Beside Côte d’Ivoire and Nigeria whose exports to the Asian nation slumped recently, other West African cashew producers recorded good performances this year.
Ghana’s exports to India grew 71%, standing at...