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Togo’s e-services portal processed over 400,000 requests in 2024, four times the number recorded in 2023, spurred by rapid user adoption. The platform was launched in 2022.
Last year, more than 60 new services were added to the platform through collaboration between various ministries and Agence Togo Digital (ATD). These services cover citizenship, justice, commerce, security, energy, and the...
The Togo government plans to update its laws on competition and consumer protection. The new bill was introduced for its first reading on January 22, 2025, during a Council of Ministers meeting led by President Faure Gnassingbé.
Set to replace a law dating from 1999, the new bill aims to meet current standards from the West African Economic and Monetary Union (WAEMU) and the Economic Community...
Enko Education, a firm running a network of international schools across several African countries, has secured $24 million in funding from Africa Capitalworks (ACW) and the Adiwale Fund. This investment will support Enko's expansion strategy.
"Thanks to ACW and Adiwale's investment, we will be able to focus our growth strategy on school acquisitions," said Éric Pignot, co-founder and CEO...
Togo recorded an inflation rate of 2.9% in 2024, against 5.3% and 7.6% in 2023 and 2022, respectively. The drôp, reported by the country’s statistics institute (INSEED), is the highest in 30 years. The INSEED attributes it to lower food prices and subsidies for fuel and electricity.
Slight Rise at Year-End
Last month, price increases caused a slight uptick in living costs, though still...
The European Union (EU) Delegation in Togo has launched a photo competition to promote the upcoming "BlueInvest Africa 2025". The competition aims to select a key image representing the event.
BlueInvest Africa, initiated by the European Commission in 2022, is a platform that connects African entrepreneurs in the blue economy with international investors. This economy includes various activities...
The Ministry of Security and Civil Protection in Togo now offers six services online through the Service Public platform.
The services include requesting permission for tinted windows, electrifying barbed wire, obtaining security coverage for private events, requesting entry into Togo, reporting incidents involving law enforcement, and sending suggestions to the Ministry.
This move is part of...
Togo will spend CFA72 billion to build and rehabilitate its roads this year. This is 14% less than last year–CFA84 billion.
The new figure, set under the 2025 Finance Act, represents 78% of the budget allocated to the Ministry of Infrastructure, CFA92 billion. Part of the funds will be used to complete and asphalt roads under construction. They will also support new road projects, and help...
Togo’s telecom regulator, ARCEP, has set new price limits for wholesale services at the country level. The change is effective since January 16, 2025.
The amendment significantly lowers costs. For example, the monthly rental price for dark optical fiber has been reduced by 60%, from CFA75 to CFA30 per linear meter. The goal is to make it easier and cheaper for operators and internet...
Cina Lawson, Togo's Minister of Digital Economy and Digital Transformation, is in Davos, Switzerland for the World Economic Forum (WEF). During the event, which opened on January 20 and ends on January 24, Lawson will share the Togolese vision for digital transformation.
Among others, Lawson will cover artificial intelligence (AI), how it should be governed, and the leadership needed during this...
The Togolese government has increased the minimum turnover required for businesses subject to the Value Added Tax (VAT). The change, in effect since January 1, 2025, brings the figure to CFA100 million, against CFA60 million before. The country’s tax office, OTR, recently recalled the increase, which is included in the 2025 Finance Act.
According to the OTR, the measure applies to natural and...
The Togolese government has repurchased Union Togolaise de Banque (UTB) headquarters and IB Bank to help stabilize these struggling banks, which hold 20% of Togo's banking sector assets. The IMF has advised that after UTB completes its restructuring, the government should consider privatizing the lender.
Last year, the government took control of the buildings. These banks account for 20% of...
Togo plans to issue its second operation on the West African Monetary Union (WAMU) public securities market next Friday, January 24. The treasury will issue fungible bonds (OATs) and fungible bills (BATs) to raise CFA20 billion.
In detail, Lomé plans to raise CFA10 billion via the BATs, and the same via the OATs. The former securities have a face value of CFA1 million, multiple interest...
Applications for the "Investment Readiness" program are open. The program helps Togolese startups learn how to raise money, organize their projects better, and attract investors. It is run by the Ministry of Digital Economy and backed by the European Union(EU).
The six-month program, supported mainly by the European Union (EU), will offer practical training, personalized coaching, and chances to...
Togo is looking to improve its railway connections with South African partners. On January 16, 2025, a meeting was held at the Togo High Commission in Pretoria. The Togolese delegation was led by John D. Fintakpa Lamega, Minister-Counsellor, and Chargé d'Affaires.
The meeting included people from Mathupha Capital, an investment company focused on infrastructure, and Invest SA, an agency that...
The Sokodé bypass project was kicked off on January 16, 2025. President Gnassingbé attended the launching ceremony.
The project has a budget of CFA24.5 billion, with 82% of the funding, or CFA16 billion, coming from the Japan International Cooperation Agency (JICA). The bypass will include a 16-kilometer asphalt road, divided into two parts: Tchalo-Kpario (12.7 kilometers) and...
Togo might join the Alliance of Sahel States (AES), which includes Burkina Faso, Niger, and Mali. Robert Dussey, the Togolese Foreign, recently mentioned the possibility in an interview with Voxafrica. The move, he said, should be approved by the Parliament and the President. "It's not impossible," Dussey noted. "It's not impossible," he said"If Parliament and the President agree, why wouldn't...