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Economy
Thursday 25 January, 2024
Finance
Togo: Inclusive finance fund to leverage biometric ID to improve loan repayment nationwide
The National Inclusive Finance Fund of Togo (FNFI) wants to leverage biometric identification to track bad loan payers better. The…
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Monday 22 January, 2024
Economy
Togo: Tchamba municipality gets modern market
The municipality of Tchamba, northern Togo, now has its market. The facility was inaugurated on January 21, 2024. It was…
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Monday 22 January, 2024
Telecom
Togocom paid CFA15.4 billion in State dividends since privatization
Over the past three years, Togocom has paid about CFA15.4 billion in dividends to the Togolese State. In detail, the…
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Friday 19 January, 2024
Transport
Togo: A new toll booth opens on the Segbe road this Saturday, January 20
Starting tomorrow, January 20, a new toll booth will be operational on the Segbe road in the southwest suburbs of…
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Thursday 18 January, 2024
Agriculture
Togo pumps $1M into insurance products for local farmers
The government of Togo recently injected $1 million into a new sovereign insurance subscription for local farmers. The package covers the…
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Thursday 18 January, 2024
Investments
Eyewear startup Lapaire raises $3M to reach more African countries
Lapaire, an African eyewear startup present in Togo and five other African countries, recently raised $3 million to further expand across…
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Tuesday 16 January, 2024
Finance
Togo: Inclusive Finance Fund loaned nearly CFA110 billion over the past decade
Over the past decade, Togo’s Inclusive Finance Fund, the Fonds National de la Finance Inclusive (FNFI) disbursed CFA109.83 billion. The…
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Monday 15 January, 2024
Agriculture
Togo on the verge of ratifying WTO fishing subsidy convention
Togo plans to ratify the WTO’s fishing subsidy convention. On January 10, the Council of Ministers allowed the ministry of…
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Friday 12 January, 2024
Investments
Private Investment: Togo raised CFA27.5 billion in 2023
Togo raised CFA27.5 billion in private investments in 2023. The Ministry of Investment Promotion reported the figure to the Assembly…
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Friday 12 January, 2024
Transport
Togo: National Road Maintenance Company spent CFA37.9 billion on its activities in 2023, up 16% YoY
The Autonomous Road Maintenance Financing Company (SAFER) spent CFA37.9 billion to maintain the country’s roads in 2023. The figure, a…
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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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Friday 12 January, 2024
Infrastructure
Togo: Government to spend CFA53 billion on rural road rehabilitation and expansion in 2024
Togo plans to allocate CFA53 billion to its Ministry of Rural Roads this year. The ministry will use part of…
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