Togo First

Togo First

Togo Showcases Performing Arts at Prestigious Grigny International Theater Festival

Togo is represented at the famous Festival de Théâtre International de Grigny in the Paris region until June 29, 2024. 

The Atopani group represents the West African country at the event. The group is renowned for theatrical dance and other forms of artistic expression. "It's an important recognition for Togo to be invited to participate in this renowned cultural event," they said. This is an opportunity to showcase Togo's rich artistic heritage, as well as to forge cultural ties and bolster the relationship with France.

The Festival de Théâtre International de Grigny is a major annual rendezvous for artists from all over the world. This year, Togo, Algeria, and Benin are the African nations selected to attend the event. 

Esaïe Edoh

In 2022, tourists from the West African Economic and Monetary Union (UEMOA) countries spent 46 billion CFA francs in Togo. The figure was disclosed by the Union’s Central Bank, the BCEAO.

According to the source, Ivoirian tourists spent the most in Togo that year–CFA16 billion. They were followed by tourists from Burkina Faso (CFA12.7 billion) and Benin (CFA8.5 billion).

Conversely, Togolese tourists spent CFA36.9 billion in other UEMOA countries in 2022., resulting in a positive balance of CFA10 billion for Togo. The Togolese travelers spend mostly in Benin (CFA23.3 billion), Senegal (CFA7.4 billion), and Burkina Faso (CFA2.2 billion). In Côte d’Ivoire, they spent around CFA600 million. 

To date, 700 tourism establishments, including hotels, are officially registered in Togo, according to the dedicated ministry.

Ayi Renaud Dossavi

Togo recently launched the Initiative for Climate Action Transparency (ICAT-Togo). Backed by the Secretariat of the United Nations Framework Convention on Climate Change (UNFCCC), ICAT-Togo aims to consolidate the country's climate change achievements and improve the Reporting and Verification (MRV) framework, which assesses these achievements.

ICAT-Togo will improve Togo's greenhouse gas (GHG) inventory data, and introduce systems and procedures to ensure the data’s accuracy. This will help better integrate the data at sub-national levels and in the national reporting process.

According to Yaou Mery, Director of Environment, this initiative is a recommendation of COP21 and "will enable Togo to put in place a solid framework that responds to national priorities in managing climate issues".

Togo is not the only African country to benefit from the UNFCCC’s support. Namibia, Uganda, Madagascar, Côte d'Ivoire, Mali, Malawi, and Guinea have also joined the scheme.

Esaïe Edoh

In a move to address the high prevalence of cataracts in the country, Togo has launched a new public health campaign targeting the Lacs Prefecture in the southeast. The initiative, spearheaded by the Ministry of Health and Public Hygiene, aims to provide free cataract surgery for up to 2,000 people in the locality.

The campaign, launched at the Centre Hospitalier Préfectoral (CHP) d'Aného, follows a national survey on visual deficiencies and is part of the National Eye Health Program (PNOS). The goal is not only to treat the disease but also to raise public awareness about cataracts.

The initiative follows the success of the 'Zero Cataracts' operation, which reached over 10,000 people in the country's five regions by 2022.

According to data from the World Health Organization (WHO), nearly 50% of blindness cases in Africa are attributable to cataracts, an opacification of the crystalline lens that mainly affects populations in rural areas, often deprived of access to adequate care. In Togo alone, some 200,000 cataract sufferers remain untreated.

The campaign is expected to run until July 2024, to treat as many people as possible and reduce the prevalence of untreated cataracts in the Lacs Prefecture.

Togo raised CFA32.11 billion on the WAEMU market on June 24. The country’s treasury secured the funds via a simultaneous issue of fungible bonds (OATs) and fungible bills (BATs). 

In detail, CFA26.2 billion were raised via one-year BATs, while CFA5.9 billion were raised via 3-year and 5-year OATs, at annual interest rates of 6.15% and 6.40% respectively

It is worth noting that Togo’s target for the operation was CFA30 billion. 

So far this year, Lomé raised CFA463 billion on the regional money market, out of an annual goal of CFA607 billion. The funds finance the 2024 budget which stands at CFA2,179 billion.

Esaïe Edoh

In a move to strengthen ties between the two countries, Togo and South Africa have signed an agreement exempting holders of diplomatic and service passports from visa requirements. The measure, effective immediately, aims to facilitate mobility and cooperation between Togo and South Africa.

The Togolese and South African Prime Ministers, Robert Dussey and Naledi Pandor, expressed their shared commitment to improve the relationship between their countries. 

This latest agreement is one of a series of similar steps taken by Togo to bolster cooperation with other countries. A few days earlier, Togo signed a no-visa deal with Sao Tome, targeting holders of diplomatic, service and ordinary passports, for stays not exceeding ninety (90) days. 

Similar agreements were also signed with Gabon, Morocco, Russia, Brazil and Qatar.

Lomé has been hosting a meeting of the subregion's customs directors general since Monday, June 24, 2024, to discuss the deployment of the Interconnected System for the Management of Goods in Transit (SIGMAT) on the Abidjan-Lagos corridor. The work, which is part of the activities of the ECOWAS commission, aims to "discuss the deployment of SIGMAT in member countries," explained Piguendéléwè Akaya, Director of Customs Operations at Lomé-Port, representing the head of the OTR, at the opening of the executives' meeting on June 25.

SIGMAT is a tool that enables the exchange of data and the electronic tracking of goods in transit between the customs administrations of the member states of the West African sub-region, with the effect of reducing the time it takes to pass through the various customs posts on the corridor where it is in force. "The exchange of information through SIGMAT will ultimately promote the securing of goods and merchandise, the fight against fraud, the control of tax and customs revenues, as well as the reliability of statistical data in member states," adds the official.

Mohamed Ibn Chambas, representative of the ECOWAS Commission and its Operational Commission on the Trade Liberalization Scheme, states that "the present meeting should enable us to identify the last administrative and technical obstacles to the deployment of the segments and to provide ideal solutions as soon as possible."

The ECOWAS Commission decided to adopt the transit goods management system since its adoption in Abidjan in 2019, as a standard for implementing these systems. Since then, it has been progressively operationalized in countries such as Togo, Burkina Faso, Côte d'Ivoire, Benin, and Niger.

Ayi Renaud Dossavi

Togo’s Customs and Tax Office, the OTR, collected CFA207 billion in Q1 2024. This is 17% more than the amount collected in Q1 2023 – CFA176.8 billion. The figures are derived from the Tableaux des Opérations Financières de l'Etat (TOFE) for 2024.

The CFA207 billion was broken down into CFA108.6 billion secured by the tax department and CFA99.3 billion by the customs department. Year-on-year, both figures were up by 14.7% and 21.1%, respectively.

This year, the tax and customs departments are eyeing respective revenues of CFA460 billion and CFA434 billion. 

An analysis of specific contributions revealed that value-added tax (VAT) on imports rose sharply, reaching CFA43.69 billion in Q1 2024, against CFA21 billion in Q1 2023. VAT on goods consumed locally and the tax on financial activities (TAF) generated CFA35.9 billion combined. Customs duties stood at CFA35 billion, while corporate income tax (IS) garnered CFA30 billion. Except for the VAT on goods consumed in-country and the TAF, all taxes and levies increased.

This year, the OTR targets CFA895 billion in liquid tax revenues, against CFA765 billion in 2023.

Fiacre E. Kakpo

Bank of Africa Togo, Sunu Bank, and the Ministry of Agriculture sealed on June 19, 2024, a deal to help Togolese farmers secure affordable loans and buy modern equipment. Funds provided under the deal will finance input purchase, mechanization, and irrigation systems. 

BOA Togo will open a leasing line for 50 tractors and accessories over five years. Sunu Bank, for its part, will provide the commercial guarantee for the equipment. Agripreneurs will also be trained to use and maintain new technologies. 

Commenting on the new deal, Antoine Lekpa Gbegbeni, Minister of Agriculture, said his department committed to supporting farmers better–technically and financially–helping them build strong loan application files and providing adequate financial education.

The government welcomes the new partnership, claiming it is part of a wider strategy to boost agricultural productivity through mechanization. Togo plans to build six regional agricultural mechanization centers to support this ambitious initiative.

Ayi Renaud Dossavi

Togo’s technical and financial partners (TFP) injected nearly $3 billion into the country’s development projects between 2018 and 2022.  The figure was disclosed on June 19, during a meeting between the Minister Secretary General of the Presidency, Sandra Ablamba Johnson, and some TFPs.

Socio-economic projects received particular attention, per the government's Togo 2025 Roadmap.

Parties present at the meeting outlined the main roadblocks to the financed projects’ execution. The discussions were aimed at speeding up their execution and optimizing their impact.

"Faced with current funding conditions, Togo has decided to reinvigorate the Intervention Coordination Platform and create all the conditions necessary for accelerated project implementation, in partnership with the various institutions", Sandra Ablamba Johnson said. 

The Togolese official added that the roundtable will help deepen discussions and draw ways to implement development projects in Togo quickly.

Esaïe Edoh

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