Search
Page : 66 - Results of 1041 to 1056 from 5862 Results
From this year onward, students enrolled in bachelor's and master's degree programs in private schools will take the national exams. The exams will be organized by the same institution, the Office des Examens Professionnels du Supérieur (OEPS), formerly known as the Office du Brevet de Technicien Supérieur (OBTS).
The Council of Ministers announced the move last Wednesday, January 10....
The Autonomous Road Maintenance Financing Company (SAFER) spent CFA37.9 billion to maintain the country’s roads in 2023. The figure, a record, was presented to the parliament late last year.
Compared to 2022 where the SAFER spent CFA32.6 billion, last year’s spending was up by 16%. The expenditures stood at CFA17 billion in 2019 and 2020, and CFA19 billion in 2021.
Difficulties...
Over half of the total budget allocated to Togo’s 31 ministries this year will go to five of them. The big five are the Ministry of Primary and Secondary Education, the Ministry of Defense, the Ministry of Health, the Ministry of Public Works, and the Ministry of Mines and Energy. They are set to receive CFA563 billion (out of CFA1,030 billion for all ministries), which they will share as...
Togo will devote CFA18 billion to clean water projects this year. The budget was set under the 2024 finance bill and aligns with the country’s ambition to achieve universal coverage by 2030.
Compared to the amount set last year, CFA17 billion, the new allocation (provisional) is up by 5.8%.
The funds will help advance the national water supply strategy launched in February 2021....
The ECOWAS Investment and Development Bank (EBID) approved on January 9 a $70 million financing for the Coris Bank Group. With the package, the lender will support SMEs in Togo, Burkina Faso, Benin, Côte d’Ivoire, and Senegal.
The facility was approved on the sidelines of the EBID’s 86th board meeting.
The funds will support trade and the private sector, with a focus on...
Togo plans to allocate CFA53 billion to its Ministry of Rural Roads this year. The ministry will use part of the funds to implement 21 projects that will help open up rural areas across the country.
The government is already negotiating with companies that build modular metal bridges, in line with the initiative. Ultimately, the project will make it easier for people in rural Togo to access...
The Togolese tax office, Office Togolais des Recettes (OTR), launched a campaign to publicize the 2024 Finance Act on January 11. The campaign aims to get the population more acquainted with the Act and the new tax reforms it includes.
As part of the move, the OTR held a first meeting with the local press yesterday. According to Philippe Tchodié, General Commissioner of the Office, the campaign...
In total, 22 community sub-projects were completed in Togo by the end of 2023 under the West African Coastal Zone Resilience Investment Project (WACA ResIP). This is half the number of projects that are being implemented in the country as part of the larger program. WACA ResIP is financed by the World Bank Group.
"Of these 22 sub-projects, we have sub-projects on which activities have been 100%...
The International Finance Corporation (IFC) will provide a €55 million (CFA36 billion) loan to the Togolese mobile operator TOGOCOM. The two sides inked the agreement on January 11, at the 13 February Hotel in Lomé, the capital.
Togocom will use the funds to modernize its infrastructure, expand its 4G network, and its fiber optic network, and improve the quality and speed of its internet...
Togo plans to raise CFA607 billion on the WAEMU securities market this year. This is 5.7% more than last year’s target (CFA574 billion).
The new target represents 28% of the country’s annual budget, which stands at CFA2,179 billion.
As usual, Togo will raise the funds by issuing fungible bonds and bills (ed. Note: respectively OATs and BATs in French).
An issue is open...
The tax office of Togo, OTR, plans to collect CFA1,042 billion this year. This is 14% more than its 2023 target, which was CFA912 billion. The new goal was set under the country’s 2024 finance bill.
The targeted amount is nearly half of Togo’s budget for 2024 which is close to CFA2,179 billion (or $3.6 billion).
This year, budget revenues are expected to reach CFA1,279 billion. Tax...
Myriam Adotevi passed the baton to Benito Fado as managing director of SUNU Bank Togo.
Adotevi has been the bank’s managing director since 2018 and under her leadership, SUNU Bank Togo transformed remarkably.
Over the five years she led the company, its total resources have doubled and its total balance sheet has quadrupled. Also, the bank rose to become the country’s top eight bank, out of...
After a 10-year break, Togo will host the Black Divinities Festival again. The ninth edition will be held in Aneho and Glidji from January 12 to 14.
According to its organizers, The Black Divinities Festival aims to promote endogenous religions and celebrate cultural diversity in Togo. The coming edition is under the theme “Togo: Land of our ancestors, unknown land”.
Also, like...
Over the past year, 15,654 businesses were created in Togo. Togo First obtained the data from the country’s Center for Business Formalities (Centre de Formalités des Entreprises, CFE).
The figure, a new record, is up 13% compared to 2022 when the CFE registered 13,835 new businesses.
The local-to-foreigner ratio shows that Togolese nationals officially set up 13,032 businesses in 2023,...
Lomé will host the Odoo Roadshow, a conference on business digitalization, next month. Initiated by Odoo, an open-source management software developer based in Belgium and the US, the event is scheduled for February 22.
On this occasion, the developer will present Odoo 17, the latest version of its software.
Last year, many Togolese firms adopted the Odoo platform to speed up their...
Idrissou Ahabou is the new director of Togo’s National Agency for Civil Aviation (ANAC). He replaces Gnama Latta.
Ahabou was appointed in line with a presidential decree that Togo First obtained.
As the ANAC’s new boss, Lieutenant Colonel Ahabou will advance the agency’s agenda, which is to make the Togolese aviation safe and efficient.
A State company, the ANAC organizes,...