West African construction giant EBOMAF wins two contracts worth XOF214 billion in Togo

Infrastructure

Thursday, 18 June 2020 12:50

West African construction giant EBOMAF wins two contracts worth XOF214 billion in Togo

(Togo First) - EBOMAF’s subsidiary in Togo has been put in charge of the Lomé-Kpalimé road modernization project announced recently by the minister of transport, Zouréhatou Kassah-Traoré. This was disclosed on the website of the construction firm.

The works, officially launched on June 17, also include the rehabilitation of roads in Kpalimé. However, let it be emphasized that the modernization of roads along the Lomé-Kpalimé axis and the rehabilitation of roads in Kpalimé are two different contracts with respective costs of 195 billion and 19 billion CFA francs. Both projects will be financed by the State.

Already, EBOMAF has deployed equipment in Adidogomé and Atikoumé, hence marking the beginning of the new works.

Séna Akoda

REFORMS OVERVIEW

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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….

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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 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.

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Out of all the 'Doing Business’ indicators, Property Registration is where Togo has improved the most since 2018. Indeed, after spending years in the lowest part of this ranking, the country now seeks to beat Rwanda which is the best performer on this index in Africa. To do so, Lomé has been introducing many reforms, with the latest batch implemented this year.

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