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Between 2011 and 2022, Togo hosted over 14,000 French volunteers who carried out various missions in the country. The National Representative of France Volontaires in Togo, Telngar Rassembeye, revealed this last Friday during the French Volunteer Day.
According to France Volontaires, the number of French volunteers in Togo, increased from 333 in 2011 to 1051 and 1206 in 2017 and 2019,...
In a week exactly, on October 14, Togo will proceed to its first issue on the regional money market for this quarter. According to the schedule released by the UMOA-securities agency, the country will try to raise CFA30 billion through a simultaneous bond issue, with securities having a nominal value of CFA10,000.
Interest rates for the two issues are respectively 5.75% and 5.90% per year....
In Togo, authorization from the government is still necessary to import and use a drone. The reminder came earlier this week, from the ministers of civil security and armies Yark Damehane and Essozima Marguerite Gnakade.
"For some time, the security services at the borders or on the national territory have been confronted with the phenomenon of importing or anarchic use of drones, both by...
More than 2,000 people have been trained at the Garment Training Center -GTC of the PIA-Togo in the past 16 months. The figure was disclosed by sources close to the matter.
According to GTC’s manager, Sathiyamurthy Rajamanikkam, sales of clothes produced at the facility could begin next January.
Initially, the executive added, the made-in-Togo clothes produced at GTC will be sold...
In the first half of this year, loans to micro, small, and medium enterprises (MSMEs) rose, YoY. Sani Yaya, Togo’s minister of finance, revealed the improvement on October 6, 2022, during a review of the bank and finance sector. The review took place during a meeting held by the National Credit Council (CNC).
“Over the first six months of 2022, the amounts of new loans to micro, small and...
South Korea wants to boost its trade with Togo. Lim Jung-Tae, the new Korean ambassador to Togo, told President Faure Gnassingbé about this ambition on October 6, 2022. This was while presenting his credentials to the West African leader.
“During my mandate, I will do my best to bolster economic and political relations between our countries, Jung-Tae said at the meeting. “For now, many...
In Africa, the penetration rate of insurance products is low, according to Togo’s finance minister, Sani Yaya. The official made the statement last Monday, at the launch of the 26th African Reinsurance Forum in Lomé.
“The challenge is to bring even more inclusion to the insurance industry. Insurance should no longer be a luxury or for people who belong to a certain social class,”...
The 26th African Reinsurance Forum began in Lomé last Monday, October 3. Organized by the African Insurance Organization (AIO), the event is themed: “Sustainable growth: the role of African reinsurers in economic growth and development.”
Held at the 2 Février hotel, the forum gathered reinsurers from companies like CICA RE, Africa Re Group, and Société Sénégalaise de Réassurance...
Togolese authorities plan to create a new town to relieve congestion in the Grand Lomé area. The project was announced by the minister of urbanism, Koffi Tsolenyanu, on World Habitat Day (October 3).
According to the official, the project will be developed in Kpomé, in the Zio 1 municipality, over 1,177 ha. The minister said the city will help “increase Togo’s housing stock, thus...
The Togolese anti-corruption regulator (HAPLUCIA) and the West African Development Bank (BOAD) inked last Friday a five-year cooperation agreement to fight corruption and related offenses, in Togo.
Through the agreement, the two entities aim to set up the proper framework to prevent, detect, investigate, and fight corruption and related offenses in cross-border transactions.
In...
The West African Economic and Monetary Union (WAEMU) could record an economic growth rate of 5.6% this quarter. This is slightly above the rate forecast for Q3, according to Togo’s minister of finance, Sani Yaya, who disclosed the figure last Friday in Dakar, during the latest council of the WAEMU.
The improvement, the official noted, is attributable to the resilience of WAEMU States...
Gilbert Fossoun Houngbo is officially the new head of the International Labour Organization (ILO). The handover ceremony was held on September 30, 2022, and the Togolese official was trusted with the keys to the UN organization by his predecessor, Guy Ryder, a British.
"I salute your uncompromising commitment to the founding values of the ILO, your steadfast pursuit of technical excellence...
From now to June next year, 125,000 Togolese households should get nearly CFA19 billion in cash transfers from the government. This is part of a cash transfer scheme started in Dankpen, Kara, on September 3, and officially launched on September 27. The official launch was chaired by Victoire Tomegah-Dogbe, Togo’s Prime Minister.
The launch, placed under the supervision of the Ministry of...
The Togolese Head of State, Faure Gnassingbé, met on Wednesday with Japanese PM Fumio Kishida. This is part of an official visit to Japan, said the Togolese Presidency.
During the meeting, delegations from the two nations addressed their bilateral partnership, and the many diplomatic, strategic, and economic agreements and conventions that bind them.
In Togo, Japan has, among several...
Through its agency for the promotion and development of agropoles (Aprodat), Togo seeks to adopt new standards for food and agricultural products. The project aligns with the Togo Agri-Food Transformation Project (PTA-TOGO) and, especially, the development of the Kara agropolis, supported by the African Development Bank (AfDB).
In line with the ambition, Aprodat has launched a call for tenders...
Financial inclusion keeps improving in Togo. This is shown in a report that was published on September 28, 2022, by the Central Bank of West African States (BCEAO). The document is titled "Tableau de bord l'Inclusion financière dans l'UEMOA au titre de l'année 2021" (Financial Inclusion Scoreboard in WAEMU for the year 2021).
According to the Central Bank, Togo’s strict bancarisation...