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Starting today, Togo’s business climate cell (CCA in French) is holding a three-day meeting with various media actors. The conference will take place at the Salle Entente of CASEF in Lomé and will be themed: “Business climate in Togo: concepts, reforms and perspectives”.
In effect, organizers will introduce media actors to the various concepts and methodologies to assess the various...
Togo’s anti-drug and money laundering central office (OCRTIDB) has recently, during its field operations, ceased an important volume of OMO detergents as well as fake IDs which it showed the media on Feb.20, 2018.
In detail, 11.062 tons of boxed detergents which were to be sold at Lomé’s main market were ceased. According to officials from OCRTDB, a seller based in Lomé is responsible for...
In its latest 2018 rankings on global economic freedom, Heritage Foundation ranked Togo at the 168th position worldwide and 41st in sub-Saharan Africa, with a score of 47.8/100.
While the country’s overall score slumps 5.4 points, due to issues related to fiscal health and judicial effectiveness, it recorded significant improvements in regards to investment freedom (65/100) and monetary...
Nathalie Kpanté, 30, entrepreneur and production head at Choco-Togo is one of many young Africans trying to change the face of the continent. After training shortly in Italy, the young woman ventured into chocolate production and is now with Choco-Togo, which has become a source of pride for Togo. She has become one of the major actors of local agribusiness. Given her status, we at Togo First...
In the northern suburb of Lomé, at Djablé to be precise, the construction of a new water tower is being finished. The project is part of the Water and Sanitization Programme for the rapid achievement of the Millennium Development Goals (PEA-OMD). The European Union backed the latter with a €20 million funding.
The programme aims at establishing a sustainable environment by boosting...
In Togo, the “Gbedegbevo” fair for the valorization of old patterns fabrics will open on March 10, in Lomé. According to Xinhua which disclosed the news, quoting an official source, this will be the event’s first edition.
The fair, organized by the aesthetics firm Nad Beauty, aims to “valorize and revisit the Gbedegbevo fabrics which means old patterns fabrics in Togo’s local...
Over the past decade, Togo has gone up nine ranks in the Global Energy Architecture Performance Index report released by the World Economic Forum (WEF) and Accenture Strategy.
In Africa, the West African nation comes after Morocco (+14), Namibia (+13) and South Africa. In West Africa, it recorded the best performance in regards to the ranking, followed by Ghana which moved six spots up. In the...
Christophe Streefkerk is the new Managing Director (interim) of Saham Insurance Togo. The newly appointed executive was up till now the head inspector of the Morocco-based group’s African subsidiaries.
He assumes the position following the dismissal of Magloire Dochamou, subsequent to an investigation within the Togolese branch of Saham. Details regarding the investigation were not...
Ghana’s President, Nana Akufo-Addo, has arrived in Lomé this Monday. There, he will act as facilitator in the framework of the inter-Togolese dialogue to end the political crisis currently recorded in Togo.
The dialogue will last ten days and political actors will try to reach a peaceful solution to this crisis, which began more than six months ago.
The meeting is the concretization of a...
In Togo, collection of tax and custom revenues poses a real challenge to authorities. Meanwhile, the IMF said it is vital for the country to remedy this and improve tax collection.
A tax commissioner in a press briefing last Thursday said 60% of big companies declare losses rather than profits, to avoid paying corporate tax. This causes substantial losses for the State whose deficit already...
On Feb. 16, 2018, Togo’s President inaugurated a pharmaceutical factory where intravenous fluids will be produced.
The DO PHARMA plant, as it is named, is the first of its kind in French-Speaking West Africa. It is situated at Aveta, in Lomé.
According to Frédéric Dovi Akué, Managing Director of the firm, the decision to set up this facility in the country was due to the fact that “the...
Togo’s phosphate sector welcomes a new actor, in line with the government’s efforts to boost the sector’s performance. The firm, according to Africa Intelligence’s confidential newsletter which revealed the information, is the local firm TFC.
According to the news website which provides confidential news on developments that impact the African economy, TFC has recently secured three...
In its latest report on microfinance within the WAEMU, the Central Bank of West African States (CBWAS) said the sector in Togo is recording good performances, reflecting a greater financial inclusion of populations.
In details, the document states that at September 30, 2017, outstanding deposits collected by microfinance institutions in Togo, from households mainly, soared by 8.1% year-to-year....
The measure announced by government for the provision of 20% public procurements to youths and women in Togo will be sector-based. This was revealed on Feb.14, 2018, by Zouréhatou Kassah-Traoré, managing director at the National Directorate for Public Procurement Control. This occured on the sidelines of the Mercredi de l’Entrepreneur (Entrepreneur’s Wednesday), a meeting where...
In line with its goal to make the country a logistics, financial and digital hub, the government of Togo plans to engage private sector more into digital development.
This is revealed in the government’s 2018-2022 strategic vision for digital sector. According to the document, the government wishes for private sector to contribute at least 40% of investment made in the sector starting from...
In Togo, the Power Sector Investment and Reform Project (PRISET) will provide more than 80,000 households and small businesses with a better access to a grid with greater voltage.
The project is expected to improve power sector’s institutional framework and make it more sustainable financially. This, through the assessment and update of the sector’s legal and regulatory framework; the...