Banking
Wednesday 16 February, 2022
The West African Development Bank (BOAD), has completed the first stage of its capital increase, raising CFA837 billion, with the…
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Wednesday 9 February, 2022
Invoice factoring could soon become more accessible to businesses in Togo. Indeed, the country’s council of ministers adopted last Monday…
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Friday 28 January, 2022
GuarantCo has granted Orabank-Togo a CFA14.55 billion guarantee to finance road and telecom development projects in Togo. This is the…
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Wednesday 12 January, 2022
More than 5.7 million new e-money accounts were created in Togo in 2020, up 20.85% compared to 4.71 million accounts…
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Tuesday 14 December, 2021
Ecobank Togo, a subsidiary of the eponymous pan-African banking group, was named best bank of the year by The Banker,…
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Tuesday 14 December, 2021
BTCI, a fully public Togolese bank, has been officially privatized. It is now part of IB Holding, which is owned…
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Thursday 25 November, 2021
The West African Development Bank (BOAD) will soon get a €150 million (CFA98 billion) credit facility from the African Development Bank…
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Friday 12 November, 2021
Moroccan group Bank of Africa (BOA) will spend CFA40 billion to support the private sector in 15 ECOWAS States. The…
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Tuesday 9 November, 2021
Coris Bank International (CBI) will soon launch in Togo its e-currency, Coris Money, sources close to the group told Togo…
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Friday 5 November, 2021
While its shares in real property and other important projects are well known, the National Social Security Fund also has…
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Tuesday 26 October, 2021
The Lomé-based pan-African bank Ecobank has secured a $60 million loan from a consortium led by PROPARCO, the AFD’s arm dedicated…
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Monday 25 October, 2021
The 13 banks active in Togo seem to be coping well against the Covid-19 pandemic which has spurred uncertainty in…
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