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On March 20, 2018, the University of Lomé got teaching equipment from the International Atomic Energy Agency (IAEA) and the United Nations Industrial Development Organization (UNIDO).
The equipment which was in effect granted to the university’s school of agriculture (ESA), is valued at CFA160 million.
It includes mostly pulpers, huskers, crushers, sprayers, a gas chromatograph with mass...
Togo’s government intends to spend about a billion and half CFA in 2018 to boost access to off-grid energy in 62 rural communities. The preferred power source is photovoltaic.
This was revealed in the detailed budget released by the ministry of economy and finance last Tuesday.
The project covers all of the country’s five regions and is the first of three stages falling under the Solar...
The French ministry of ecologic and inclusive transition and the Environment and Energy Management Agency (ADEME) has selected only 9 out of 92 projects submitted in response to its call to tender for “innovative alternatives for off-grid power access”. This was revealed last March 15, by Nicolas Hulot, France’s State minister, and also minister of ecologic and inclusive...
Togo has joined the Global Shea Alliance on the sidelines of the 11th annual conference on shea sector recently held in Abuja, Nigeria. Moreover, the country wants to host the next edition of the event.
According to news website Africa Full Success, Elisabeth Pali-Tchalla, President of Shea sector led the Togolese delegation to this meeting and said this during talks with her peers...
Business creation in Togo has yet reached another milestone. Indeed, after government reduced various procedures and delay related to the process, it is now possible to create a business online.
Announced since January this year, digitalization of the process effectively took shape in February. This reform falls under a set of measures aiming to improve business climate in Togo and increase...
“Very soon”, Togo’s power utility, Compagnie Energie Electrique du Togo (CEET), will provide users a meter box containing many protected meters.
According to competent authorities, the box can host up to 6-12 prepaid meters and as such should be an “adequate solution to rental homes and apartments where there are distinct users”.
This would help preserve peace between residents of the...
A FCFA2 million check was recently granted to Edem Komlan Bessanh, CEO of NUTRI-TOGO SARL, by the minister of grass-roots development, Victoire tomégah-Dogbé. This was to reward the entrepreneur for winning the Best 2017 Entrepreneur SME Award.
Bessanh received his reward on March 16, 2018, during a cocktail-dinner. His business, let’s recall, produces mushroom-based beverages labelled...
Tanko Timati, a Togolese firm specialized in processing organic tomatoes into paste, said it intends to expand to 19 African countries by 2025. In this framework, the firm aims to increase its capital by CFA250 million before June 2018, by opening up its capital.
The local company established in 2016 actually eyes a turnover of more than CFA50 million this year.
Proceeds it will get by opening...
Togo ends Q1 2018 with a remarkable performance on the regional debt market, UMOA-Titres. Indeed, after recording poor results for its security issuance on March 2, the nation raised CFA17.82 billion over a targeted CFA20 billion (thus an 89.1% coverage) last Friday.
Quite a laudable feat especially considering the mild performance of its neighbor, Benin, the day before. The latter reflects...
By 2022, the Togolese government wants to shorten to about 24 hours the time spent by a truck to cross the National Road 1 (Lomé-Ouagadougou Corridor).
This would be a significant improvement compared to the current duration, 48-hours, recorded since 2016; and an even greater improvement compared to 2012, when trucks spent 72 hours to cross this road. To achieve its goal, for 2022, the country...
National Institute for Statistics, Economic and Demographic Studies (INSEED) has released a report on the Harmonized Index of Consumption Prices (IHPC) for January 2018. According to the document, global consumption prices level slumped by 0.1% compared to January 2017.
This is mainly due to a 2.9% decrease of the indicator related to “food, non-alcoholic drinks” and “health” baskets....
Infrastructures: 104 km of roads to be rehabilitated under Support scheme for vulnerable populations
In Togo, 104.3 km of rural and urban roads will be soon rehabilitated, under the support scheme for vulnerable populations (PAPV). These roads are located in four prefectures, namely: Agou, Anié, Tône and Bassar.
In details, 23.1 km of road (Avétonou-Messiobé-Kologan-Agokpala) will be rehabilitated in Agou while in Anié’s prefecture, a total of 40 km of road will be rehabilitated. PAPV...
Last Wednesday, United Nations (UN) released in Vatican its World Happiness Report 2018.
The report which was created since 2012 ranks 156 countries based on their happiness level and 117 countries based on happiness level of their residing immigrants.
In this year’s edition, while Finland has overtaken Norway as the world’s happiest nation, Togo is the one to have recorded the greatest...
On March 22, 2018, Internet Service Provider (ISP) GVA (Group Vivendi Africa), subsidiary of French multinational Vivendi, will launch its fiber to the home (FTTH) service in Lomé. This was reported by French newspapers Jeune Afrique.
The telecom firm will launch its service in some of the capital’s areas before expanding.
Last June, let’s recall, GVA and Teolis, another telecom operator,...
In Jeddah, Saudi Arabia, the Islamic Development Bank (IDB) via two loan agreements announced it will inject $20 million (about CFA11 billion) into Togo’s microfinance sector.
Related agreements were signed yesterday, March 14, by the Togolese minister of economy and finance, Sani Yaya, and IDB’s President, Dr. Bandar Mohamed Hamza Hajjar (photo).
The loans will be poured into the...
The pilot stage for the Presidential energy scheme CIZO is now on. This project, let’s recall, aims at providing electricity to more than two million Togolese by 2022, by supplying to beneficiaries individual solar kits which they will pay for in tranches, via mobile money.
Under the pilot phase, 3,000 local technicians spread across Togo’s five economic areas, will be trained. This was...