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Subsistence crop production in Togo rose by 7% during the 2017-2018 season. This was disclosed by the Central Bank of West African States (BCEAO) in its March 2018 report on economic integration policies within the WAEMU.
The increase was spurred by favorable weather recorded throughout 2017 in the sub-region. According to the report, the union’s subsistence crop output soared by 6.1% over the...
A delegation from the International Monetary Fund (IMF) will stay in Lomé from March 27 to April 11, 2018, to assess Togo’s actions in the framework of the three-year aid programme, involving an extended credit facility (ECF) approved last May.
The delegation’s objective is to, with local authorities’ support, proceed to the second review of the ECF programme, and also update...
Announced in 2017, the project for a national security agency in Togo is about to be concretized. In a letter from the ministry of posts and digital economy to the heads of Togolese universities and major schools, that Togo First was able to obtain, it was indicated that this project should be paired with the creation of a Computer Emergency Response Team (CERT). The creation of the two...
CEET, Togo’s power utility, wants to switch from postpaid to prepay for its payment mode. This is part of various measures taken by the firm to connect more people to the national grid in 2018 (it eyes 100,000 connections).
In line with its new decision, the public company plans to promote the use of prepay meters.
According to officials at CEET, this is to tackle the issue of unpaid...
Hailed by Ocean News as one of the five leading Togolese women-entrepreneurs, Viviane Assogba Tsogbaley has been heading for three years now Génial Wok, a business that specializes in vegan and vegetarian food, and makes natural fruit cocktails. In this interview, she relates with passion how the adventure had been for her over the past three years.
Togo First : You have been...
During its first orientation seminary of the year held on March 16, authorities of the Togolese Revenue Office (OTR) reviewed the past year’s activities and laid out goals and projections for this year.
The tax office thus expects its earnings to stand at CFA660.3 billion in 2018. To this end, many reforms and “smart” strategies were undertaken by OTR to broaden tax base.
In the same...
A study conducted by the Groupe de Réflexion et d’Action, Femme Démocratie et Développement (GF2D) on unusual practices impairing the protocol on free movement of people and goods across the Togo-Benin, Togo-Ghana and Togo-Burkina Faso borders, showed that 68.4% of population surveyed, in the framework of the study, negatively perceive and has some doubt about the effectiveness of this...
French firm Linagora, which specializes in open-source software, and Comtel Technologies, a major actor of the tech industry in Benin, Niger and Togo, were just selected to develop a cloud-based professional messaging service for the whole Togolese public administration.
This was disclosed after the recent council of ministers held last Wednesday.
During the pilot stage of this project which...
Liquefied petroleum gas (LPG) distributor, Sodigaz, which is located in the Lomé free zone is part of the ten firms in the sub-region to have been selected due to their strong growth potential for the first Elite programme of the Bourse Régionale des Valeurs Mobilières (BRVM).
Launched last Monday, the programme emulates a similar one initiated in 2012 by the London Stock Exchange to support...
In June last year, Teolis, Togo’s third internet service provider (ISP), spent more than CFA211 million to acquire an operating license. The telecommunications operator however launched its activities in the country only last February 22nd. With a total investment of CFA1 billion since its creation, the new firm seems to be faring well. Its goals in Togo apparently align with that of the...
GVA Togo, subsidiary of Vivendi Africa Group, has launched yesterday its activities in the country. The operator will provide populations its first broadband service for general public, CanalBox.
With its fiber to the home network (FTTH), GVA provides a high quality service at an affordable cost. To be exact, CanalBox will cost CFA45,000 while monthly subscription to the service will be...
So much anticipated by notaries, e-commerce promoters, public administrations and the Centre for Business Formalities, digital signature is finally effective. Indeed, this is subsequent to the adoption of a decree, last Wednesday, on digital transactions and services in Togo.
The decree which looks at other key elements found in the bill on digital transactions, comes to reinforce Togo’s legal...
“Only vehicles meeting technical standards in place and respecting the maximum legal load and size, will be allowed to use public roads,” the Togolese government declared last Wednesday, during a ministers’ council.
This aims at avoiding the roads’ rapid degradation and make the infrastructures safer for populations, the ministers’ council said.
Still in the same regard, the...
During the recent ministers’ council held on March 21, 2018, the government declared it wants to tighten regulation against violations caused by social network users. The decision arose as authorities noticed limitations of the current regulation; one of such limitations being the inability to engage civil and penal liability of internet users.
Meanwhile, “many hate speeches and fake news...
In a ministers’ council held last Wednesday, Togo’s government adopted a bill to ratify statutes of Africa 50, an African infrastructure investment fund that mobilizes private and public funding to spur growth.
Through this bill, Lomé aims to diversify its funding sources ,enabling it to subsequently continue development of major infrastructure projects in the sectors of energy, transport,...
Togo’s power utility, Compagnie Energie Electrique du Togo (CEET), wants to connect this year, twice more users than it currently has. From 50,000, this number should rise to 100,000 according to CEET’s Managing Director, Mawussi Kakatsi.
To achieve its target, the utility launched a large scale connection scheme involving many incentives. The latter includes the 30% decrease in connection...