Togo: South Korean foundation Saemaul invests CFA2.7 billion in Kara agropole

Agriculture

Wednesday, 23 January 2019 17:35

Togo: South Korean foundation Saemaul invests CFA2.7 billion in Kara agropole

(Togo First) - South Korean foundation Saemaul Undong will inject CFA2.7 billion in the agropoles project in Togo. In addition, the Asian foundation will provide technical training to local agricultural actors.

A support convention was recently signed between the foundation and Togo. In this famework, Korean experts started a reference mission this week, going around all 10 agrofood-processing centres of the Kara agropole.

Saemaul’s support should also boost the Togolese project which was launched two years ago and falls under the second axis of the national development program (PND).

Already, 35 billion CFA has been secured from the AfDB and BOAD for the project which requires about CFA64 billion overall.

The agropole project is steered by the Agency for the Promotion and Development of Agropoles in Togo (APRODAT).

Ayi Renaud Dossavi

REFORMS OVERVIEW

STARTING A BUSINESS (more info)

At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms….

ENFORCING CONTRACTS (more info)

Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo, leveraging many efforts to improve its business climate, was able to jump significantly on the index in the recent years... .

CONTRACT EXECUTION (more info)

Creation of special chambers of commerce for small debts • Creation of chambers of commerce at the Court of Appeal • Civil and commercial cases now handled by distinct clerks • Establishment of commercial courts in Lomé and Kara • Lawyers and bailiffs now have access to the FORSETI COMMERCIAL platform • A maximum period of 100 days was fixed to settle a commercial dispute .

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In comparison to previous years,Togo has significantly improved its ranking under the“Trading across borders” indicator by adopting multiple reforms that focus mainly on the digitization and reduction in delays, for import and export procedures related to import and export.

In comparison to previous years, Togo has significantly improved its ranking on the “Trading across borders” index by adopting multiple reforms that focus mainly on the digitalization and reduction in delays, for import and export procedures related to import and export.

CONSTRUCTION PERMIT (more info)

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PUBLIC PROCUREMENT (more info)

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PAYING TAXES AND DUTIES (more info)

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