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From October 1 to 5, 2022, Lomé will host the 26th edition of the African Reinsurance Forum. The event will be organized by the African Insurance Organization (AIO) and be themed "Sustainable growth: the role of African reinsurers in economic growth and development".
The forum will gather several actors in the insurance sector, such as Karim Diarrasouba, CEO, CICA-RE, Corneille Karekezi,...
Germany will support investment projects in Togo as part of its new partnership framework with the West African country. Recently, GIZ Resident Director Inge Baumgarten and Togo's Minister of Investment Promotion, Rose Kayi Mivedor-Sambiani, discussed the upcoming implementation of the Promotion of Private Sector Competitiveness in Togo (ProComp) program.
This program aims to improve the...
In 2021, 983,969 tourists visited Togo, compared to 481,706 in 2020 when the country had been hit by Covid and related measures.
The Minister of tourism, Gbenyo Lamadokou, disclosed the figures on the eve of World Tourism Day.
Togolese tourism is thus recovering, same as other countries worldwide - thanks to travel resumption and the relaxation of most health measures.
Besides the number...
Togo just launched a new platform to promote its tourism sector. The digital portal, Togo Tourism, was presented today (September 27), by the Minister of Culture and Tourism, Dr. Gbenyon Lamadokou, as the country celebrated World Tourism Day.
The platform, according to the Minister, will provide "real-time information" on the offers and opportunities for tourism in Togo. In parallel, an...
The UN System and Togo are redefining their 2023-2026 country partnership framework for sustainable development. The two partners met in Lomé on September 27, 2022, with civil society actors, in this framework. They looked for indicators that can help define the objectives and achievements for this future partnership framework.
The UN wishes for the new framework to enable more social inclusion...
The World Bank may increase its financial support to Togo by a billion dollars. The institution’s new resident representative revealed the information last Thursday, September 22. According to the Togolese Presidency, this was during a meeting between the representative, Fily Sissoko, and President Faure Gnassingbé.
"With the significant efforts that Togo has made in recent years, we have a...
The West African Development Bank (BOAD) greenlit the disbursement of CFA200 billion for an emergency rapid impact program for its member countries. It did so on September 20, 2022, during a board meeting.
SONGTAAGBA 2022-2024 is the name of the program on which the funds will be spent (“Songtaaba” is a Moré word meaning “help in difficult times”). The program, according to the BOAD,...
The third edition of the “Mois du Consommer Local” (Consuming Local Month) will be held next month. The ministry of trade and local consumption announced this on Wednesday, September 21.
"Dear producers, promoters of local products, goods, and services, the 3rd edition of the Consuming Local Month promises to be filled with great opportunities for each of you. Together, let's continue the...
The construction of the U-Lab incubator of the University of Lomé (U.L) has effectively begun, three years after the project was announced. The foundation stone for the facility was laid on September 21, 2022.
The stone laying ceremony was attended by the minister of higher education, Ihou Wateba Majesté, U.L’s chancellor, Komla Dodzi Kokoroko, and the UNDP’s representative, Aliou...
The pilot of a program to accelerate the launch of the Single Market for Air Transport in Africa (SAATM) will launch on November 14, 2022. Fourteen countries, including Togo, will take part in this pilot phase.
The news was disclosed after a meeting between Togo’s minister of transport, Affoh Atcha-Dedji, and the Secretary of the African Civil Aviation Commission (AFCAC). The meeting took...
In Togo, two ministries just partnered to help some young local entrepreneurs advertise their services and products on State media. These ministries - the ministry for grassroots development and youth, and the ministry of communication - signed an agreement on this framework on September 20, 2022.
The young entrepreneurs concerned by the initiative are those supported by public mechanisms and...
Togolese and Beninese customs are now interconnected, through the SIGMAT module (Interconnected Management System of Goods in Transit). The connection ceremony took place on September 20, at the border post of Sanvee-Condji/Hilla-Condji, the southern border between the two nations.
Already operational in Côte d’Ivoire, Senegal, Burkina Faso, and Mali, the SIGMAT module allows sharing of...
After being in the pipeline for nearly three years, the climate resilience project for Togolese coastal communities (R4C-Togo) was launched Tuesday, September 20. The UN Food and Agriculture Organization (FAO) made the announcement the same day. The Global Environment Fund (GEF) backed the project with $8.9 million.
The fruit of an agreement between the Togolese government and FAO,...
A delegation of French businessmen is in Togo to explore opportunities the country has to offer. They met with the minister of investment promotion, Kayi Rose Mivedor-Sambiani, last Thursday, September 15.
According to the ministry for investment promotion, the French delegation is part of Business France, a body in charge of the international development of French companies and French...
The Togolese President, Faure Gnassingbé, announced last Friday (Sept 16) 10 new social measures to help his people better cope with inflation.
These include a 10% increase in the index value of salaries and retirement pensions for civilian and military civil servants, i.e. an annual amount of 22.5 billion CFA francs, and an additional 5% increase in the retirement pension for all...
India recently decided to limit its rice exports, and this poses new risks for Africa’s food security. On September 9, the Indian government imposed a 20% tariff on exports of white and brown rice and banned the sale of broken rice abroad.
This is bad news for Africa as it was already dealing with the impacts of the Russian-Ukrainian conflict on the prices of wheat, another major grain for...