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News
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LOGISTIC HUB
Business environment
Indicators
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Banking
Friday 12 January, 2024
Banking
West Africa: Coris Bank Group secures €70M financing from EBID to support SMEs in Togo and four others
The ECOWAS Investment and Development Bank (EBID) approved on January 9 a $70 million financing for the Coris Bank Group. With…
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Tuesday 9 January, 2024
Banking
SUNU Bank Togo: Benito Fado replaces Myriam Adotevi as Managing Director
Myriam Adotevi passed the baton to Benito Fado as managing director of SUNU Bank Togo. Adotevi has been the bank’s…
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Thursday 21 December, 2023
Banking
Ecobank Togo wins award for Best Treasury Securities Specialist in 2022
Ecobank Togo is the best Treasury Securities Specialist (TSS) on Togolese public securities for the year 2022. UMOA-Titres, the agency…
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Monday 18 December, 2023
Banking
Akuwa Azoma becomes the first woman to head BCEAO’s bureau in Togo
The Central Bank of West African States (BCEAO) recently appointed its new director for Togo: Akuwa Dogbé Azoma. The news,…
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Monday 18 December, 2023
Banking
Togo: National Credit Council reports improvements in the banking sector in Jan-Sept 2023
Togo's National Council of Credit (CNC) held its fourth annual meeting on December 14 in Lomé. On the occasion, the…
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Tuesday 12 December, 2023
Banking
Ecobank secures $200M loan from European consortium, its first sustainable development loan
Lomé-based Ecobank Transnational Incorporated (ETI) secured last week a $200 million loan for sustainable development. The Pan African group signed the…
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Thursday 7 December, 2023
Banking
Togo: Ecobank scoops Bank of the Year award for the fourth consecutive year
Ecobank is, again, the Bank of the Year in Togo. The lender won the title for the fourth consecutive year,…
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Friday 17 November, 2023
Banking
AFIS Summit: Ecobank Group and African Guarantee Fund seal $200M risk-sharing deal
The African Guarantee Fund (AGF) will provide Lomé-based Ecobank with additional support to better finance African SMEs. The two recently…
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Monday 23 October, 2023
Banking
BOA Togo Claims 65,000 Accounts Opened in 10 years
In the past 10 years, BOA Togo has had over 65,000 accounts opened. The milestone was disclosed by Youssef Ibrahimi,…
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Friday 6 October, 2023
Banking
Togo: Ecobank and Sephis Foundation open CFA1billion credit line for businesswomen
Ecobank Togo just opened, through the Sephis Foundation, a CFA1 billion credit line for Togolese businesswomen. The investment aims to…
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Tuesday 18 July, 2023
Banking
WAEMU: Togo Records Highest Annual Growth in Bank Credit Supply in 2022
Of all WAEMU countries, Togo was the one that recorded the highest growth for bank credit supply–the amount of credit…
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Thursday 13 July, 2023
Banking
Factoring and Leasing Continue Meteoric Rise in Togo
Factoring financing almost tripled in Togo between March 2022 and March 2023, from CFA7 billion to CFA19 billion. The figure…
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