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Earlier this week, Togolese President Faure Gnassingbé urged African countries to unite in promoting better cooking practices and energy improvements. Gnassingbé stressed the importance of public and private sector involvement, highlighting Africa's potential for significant greenhouse gas emission reductions through clean cooking. This was during the Clean Cooking Summit in Africa at UNESCO...
The Adétikopé Industrial Platform (PIA) looks for ways to enhance container transfers from Lomé, Togo, to neighboring landlocked countries like Burkina Faso, Mali, and Niger. A group of directors general from these countries' shippers' councils was at the PIA. The mission aims to bolster cooperation between the various parties, focusing on logistical challenges and innovative solutions...
Togo just launched a new fundraising round on the WAMU public securities market. The treasury simultaneously issued Treasury Assimilable Bonds (OAT) and Treasury Assimilable Bills (BAT). The operation closes on May 24.
Lomé seeks CF15 billion through the BATs. The securities mature over 182 days, have multiple interest rates, and a face value of CFA1 million. The OATs mature over three and five...
Togo will host the 19th Lomé International Fair from November 22 to December 8, 2024. The theme is "Standards and Quality of Products and Services: Tools for Competitiveness and Access to Connected Markets."
The major commercial event will feature exhibitions and discussions on improving market connectivity and promoting sustainable trade. It will also feature training and awareness...
Lomé hosts this week the first synthesis meeting of support missions for the Food System Resilience Program (FSRP) for 2024. Funded by the World Bank, ECOWAS, CILSS, and CORAF, among others, the FSRP aims to improve food security and strengthen agricultural systems in the sub-region.
The meeting began on May 15 and will end on May 17. It brings together FSRP actors and partners who will discuss...
Togo’s Youth Economic Initiatives Support Fund (FAIEJ) and UNDP, launched ADACE, a mobile app supporting young Togolese entrepreneurship. The digital tool offers business creation resources.
Available on the Play Store, ADACE provides an immersive training journey with simulation games in French, Ewe, and Kabiye. The games cover market studies, technical skills, and financial planning.
The...
ANAMET, Togo’s Meteorology Agency, forecasts the next big rainy season from July to September, with normal to above-normal rainfall. The southern part may experience more abundant rainfall, increasing flood risks. The north will see above-normal to normal rainfall.
These forecasts will impact agriculture, with a late to normal end of the season in the north. The agency advises farmers to...
Niger authorities have introduced new measures regarding freight removal from Togo. The activity is now reserved only for vehicles registered in Niger and Togo. This decision aims to strengthen the Togo-Niger cooperation, amidst rising tensions between Benin and Niger.
The Nigerien Ministry of Transport and Equipment announced these measures in a May 11 statement. "These measures are...
Togo has played a crucial role in improving the economic situation of the West African Economic and Monetary Union (WAEMU), according to WAEMU Commission President Abdoulaye Diop during a meeting with Togolese President Faure Gnassingbé. The two met on May 13, 2024.
Diop noted that the Togolese economy's resilience amid international economic challenges has allowed the WAEMU to maintain its...
President Faure Gnassingbé represents Togo at a UNESCO summit on Clean Cooking in Africa. The event takes place in Paris, France, today, May 14. Organized by the African Development Bank Group (AfDB) and the International Energy Agency (IEA), the summit brings together world leaders and representatives of international organizations, the private sector, and civil society.
The participants...
In Togo, several neighborhoods of Lomé, the capital, and other towns, face a new gasoline shortage. The shortage started on May 12, according to the Ministry of Trade. The same source attributes the situation to supply disruptions at some gas stations.
Trade Minister, Rose Mivedor, already announced urgent measures to solve the crisis and return to normalcy. The official, among others, warned...
The Constitutional Court of Togo announced the final results of the April 29 legislative elections yesterday, May 13. The ruling party, Union for the Republic (UNIR), secured a dominant victory with 108 out of 113 parliamentary seats, nearly 96% of the total.
Opposition parties claimed the remaining five seats. The Alliance for Democrats for Integral Development (ADDI) secured two, while the...
Last week, Togo and France signed an agreement to streamline professional visa processes for France and the Schengen area benefiting both countries' nationals. The agreement was inked in Lomé by the French Ambassador to Togo, Augustin Favereau, and Togolese business and consular leaders.
The partnership will simplify visa applications through concrete measures. A "fast lane" will expedite...
Togo raised CFA33 billion on the WAMU securities market last Friday. Lomé secured the funds through a simultaneous issue of Treasury Bonds (OATs) and Treasury Bills (BATs). The target was CFA30 billion.
In detail, Togo secured CFA17.7 billion through the BATs. These securities mature over 91 and 364 days, at varied interest rates. The remaining CFA15.3 billion was raised through the OATs with a...
Togo reiterated its call for a "new Africa" during the 4th Africa Integration Day in Lomé. Foreign Minister Robert Dussey last Wednesday emphasized the vision of an independent, sovereign Africa on the global stage.
Dussey declared that the New Africa vision is one of independence and sovereignty. He added that Togo supports this pan-Africanist vision, underscoring that “it is not an...
The Volta Basin Authority (ABV) holds a three-day national workshop on climate change in Lomé. The World Meteorological Organization and the Global Water Partnership in West Africa back the event.
The workshop, ending on May 10th, gathers around 40 participants from various organizations, including Togo's water, meteorology, civil protection, environmental, and agriculture agencies.
The...