Lomé’s Airport Sees 6% Increase in Passenger Traffic in Q1 2024, YoY

Transport

Monday, 02 September 2024 16:13

Lomé’s Airport Sees 6% Increase in Passenger Traffic in Q1 2024, YoY

(Togo First) - The Gnassingbé Eyadéma International Airport welcomed 325,709 passengers in the first quarter of 2024, a 6% increase from the previous year. The Directorate General of Budget and Finance (DGBF) reported this figure in its recent budget execution report.

This growth continues a positive trend since 2021, following a significant drop in 2020 due to the COVID-19 pandemic when passenger numbers fell nearly 49% from 916,000 in 2019 to just 460,000.

The increase in passenger traffic aligns with the government's goal of making Togo an air hub in West Africa, with a target of 1.5 million passengers by 2025.

The growth was spurred by the opening of new air routes. Recently, six new routes were launched, including two by Ethiopian Airlines and four by Asky, bringing the total number of destinations served to 41. Additionally, Liz Aviation has expanded its services to include flights to Ouagadougou, enhancing regional connectivity.

The direct flight from Lomé to Washington, launched by Ethiopian Airlines in June 2022, continues to drive traffic, using Lomé as a transit point to Addis Ababa and other destinations, reinforcing the airport's role in international aviation.

Esaïe Edoh

REFORMS OVERVIEW

STARTING A BUSINESS (more info)

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….

ENFORCING CONTRACTS (more info)

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 .

TRADING ACROSS BORDERS (more info)

In comparison to previous years,Togo has significantly improved its ranking under the“Trading across borders” indicator by adopting multiple reforms that focus mainly on the digitization and reduction in delays, for import and export procedures related to import and export.

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.

CONSTRUCTION PERMIT (more info)

After moving from the 133rd to 127th place under the 2020 Doing Business’ construction permit index, Togo intends to reiterate this feat in the coming edition of the global ranking. To this end, it has introduced this year multiple reforms.

GETTING ELECTRICITY (more info)

Over the past two years, Togo’s ranking under the Doing Business’ Getting electricity and water indicator has increased consistently. Owing this performance to multiple reforms aimed at making it easier for businesses to access power and water, Lomé plans to introduce even more reforms this year to keep up its improvements.

REGISTERING A PROPERTY (more info)

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.

PUBLIC PROCUREMENT (more info)

From professionalization to digitization, through legislative regulations, Togo’s public procurement framework is constantly being modernized. Several reforms have been implemented to improve the sector much to the benefit of the private sector, which is the focus of the National Development Plan.

PAYING TAXES AND DUTIES (more info)

To improve its business environment, Togo introduced some important reforms related to the payment of tax and duties. From the replacement of some taxes to the cancellation of others through exemptions, the country has only one objective: offer the most attractive tax framework to investors and economic operators. To achieve this, the authorities relied on digitization.