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Togo launched last week a new initiative to support and empower people with disabilities. The program, AVANCE-Togo, was kicked off on September 27, in Lomé, by the Togolese Federation for Disabled People (FETAPH). The United States Agency for International Development (USAID) backs AVANCE-Togo with $1.5 million (about CFA800 million).
AVANCE-Togo aims to improve the inclusion...
Togo has approved a national strategy to improve access to educational resources, specifically textbooks and teaching aids for students and schools. The strategy was adopted on September 27 at the University of Lomé during a workshop with education experts, technical partners, and associations.
Supported by UNESCO, the strategy aims to address the shortage of quality educational materials in...
The Centre des Expositions et Foires de Lomé (CETEF) is offering special rates for young and female entrepreneurs who want to exhibit at the 19th Foire Internationale de Lomé (FIL). This initiative, supported by the Ministry of Trade, Crafts, and Local Consumption, aims to encourage more young people and women to participate in the trade fair.
CETEF is providing 50 exhibition spaces, with 60%...
Moody's Ratings has upgraded Togo's economic outlook from "negative" to "stable." In a rating published on September 27, 2024, Moody's maintained Togo's B3 rating for foreign and local currency borrowings. This upgrade follows a positive assessment from Standard and Poor's (S&P) about the Togolese economy.
Moody's cites improvements in Togo's budget management as a key reason for the...
Launched four years ago, Gozem's V+ program has helped 1,000 drivers become vehicle owners, including motorcycles, cars, and tricycles. This announcement was made on September 25, 2024, during a ceremony in Lomé where drivers received the keys to their vehicles.
The drivers are the first group to complete the process and are now financially independent thanks to this initiative. "We set up this...
By the first half of 2025, the French Development Agency (FDA) will provide Togo with €30 million to support local SMEs.
According to Papa Amoudou Sarr, Executive Director of FDA, the new funding falls under the Choose Africa program. Sarr announced this on September 27, in a meeting with Togolese Prime Minister Victoire Dogbé.
The funds will target startups and micro,...
Togo and Uzbekistan have established diplomatic relations. The agreement was signed last week in New York by the foreign ministers of both countries, Robert Dussey and Bakhtiyor Saidov. With this agreement, Togo becomes the 155th country to recognize Uzbekistan.
The cooperation between Togo and Uzbekistan will focus on economic partnerships. Uzbekistan is the second-largest economy in Central...
Lomé will host its first Children's Book Fair, the Salon du Livre Jeunesse (SALIJEL), from October 17-19, 2024. Organized by the "Lire au Togo" association and the Ministry of Culture, the event aims to attract over 5,000 fans of children's literature, including authors, publishers, and book professionals from across Africa.
"Books are not just pages to be turned; they are worlds to be...
Daba Finance, an Ivorian fintech company, won the 2024 Ecobank Fintech Challenge, taking home $50,000 and a strategic partnership with Ecobank. Kenya's Melanin Kapital finished second in the competition, winning $10,000, while Guinean fintech YMO took third place with a prize of $5,000. The People's Choice Award went to Togolese startup MiaPay.
The competition took place on...
During the 79th session of the United Nations General Assembly in New York, Togolese President Faure Gnassingbé met with UN Secretary-General António Guterres on September 23, 2024.
According to the Togolese Presidency, the two men discussed Togo's efforts to advance the Sustainable Development Goals (SDGs) and promote peace in West Africa. The political and security situation in West...
Lomé hosted the 6th Congress of Chartered Accountants of the West African Economic and Monetary Union (WAEMU) last Friday, September 27. The meeting gathered about a hundred chartered accountants from Union and Nigeria.
They discussed their contributions to the sustainable development of SMEs and the regional economy, focusing on "the role of chartered accountants in the inclusive and...
Togo’s Golfe 1 municipality has reported a budget surplus of CFA277 million for 2023. The commune raised CFA3.3 billion to finance its budget, initially set at CFA3.1 billion. These figures were shared during a public accounting session on September 24, 2024.
Under the leadership of Koami Gomado, now Minister of Territorial Planning and Development, the municipality spent CFA3.07 billion last...
On September 25, Togo presented feasibility studies for several energy-related projects it seeks to have covered by the Compact Program of Millenium Challenge Corporation (MCC). The projects aim to expand the electricity grid, boost access to electricity, and enhance regulatory policies and the skills of energy sector workers.
They include the PEREGL, which aims to extend electricity networks in...
Lomé will host the second edition of the National School on Internet Governance (École Nationale sur la Gouvernance de l'Internet) from October 7 to 9, 2024. Organized by Internet Society Togo, the event aims to train 50 participants from various sectors, including government, private industry, civil society, universities, and the technical community, on Internet governance issues.
Attendees...
In the first half of 2024, Togo's exports to West Africa reached nearly CFA400 billion, driven by strong port activity and re-exports. The country maintained a positive trade balance with other ECOWAS countries. The ECOWAS has 15 member States. Burkina Faso, Niger, and Mali recently exited the block.
According to data from the National Institute of Economic, Statistical, and Demographic Studies...
In New York, Togolese President Faure Gnassingbé called for a global response to the crises affecting many countries during his speech at the Summit of the Future at the UN on September 23, 2024. He emphasized the need for international cooperation to tackle food, security, and environmental challenges.
Gnassingbé stated, "There is no better future than in the collective action of our States...