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Togo’s tuber output rose by about 11% over the past five years. From 1,950,000 t in 2015, it moved to 2,193,462 t last year. The ministry of agriculture recently disclosed the figures in a report titled “Bilan Campagne 2021-2022 & Perspectives 2022-2023”.
The document specifies that cassava was the most grown tuber in the country over the period reviewed. Togo produced 1,204,249 t of...
The Togolese ministry of energy and mines will monitor and check the network of the country’s power utility (CEET). This was disclosed last week during the government seminar that was held in Kpalimé.
Through the move, the ministry hopes to cut power losses by at least 2%; losses which the ministry blames on fraudulent use of electricity.
"Strong action will be taken in this direction in the...
In Togo, the French Development Agency (AFD) will disburse CFA32 million to two federations and six sports associations in Lomé. The beneficiaries will use the money to finance waste management projects unveiled last Wednesday. These projects were picked as part of the second edition of the call for projects launched by the Autonomous District of Greater Lomé (DAGL).
Out of the 32 million, the...
Togo's annual inflation rate was 6.9% in August 2022, the same as in July 2022. This is according to the latest data released by the National Institute of Statistics and Economic and Demographic Studies (INSEED).
The inflation rate stayed the same while goods’ prices, food excluded, rose by 1.8%, nationwide. A monthly decline of 2.1% from August 2021 is observed under the "Food and...
BOA Togo, the local subsidiary of the Bank of Africa Group, recorded, in 2021, its biggest net profit since it started operating in the country in October 2013. Togo First obtained the information from BOA’s annual financial reports.
During its first three years in Togo, BOA was in the red but since 2017 it started recording a positive net profit. Last year, the net profit soared by 194%...
Togo produced more livestock last year than it did in 2020. The ministry of agriculture reported this in its 2021-2022 agricultural campaign review.
Over the period, poultry output grew by 8%, from about 28,219,000 heads in 2020 to 30,672,748 in 2021. As for sheep output, it rose from 1,765,949 to 1,878,669 heads, thus translating a 6% increase, from one year to the other.
The number of goats...
Last Monday, Sept 12, representatives from member countries of the Permanent Inter-State Committee for Drought Control in the Sahel (CILSS) gathered in Lomé to find solutions to the growing insecurity in the Sahel and West Africa. The talks focused on husbandry and conflicts between farmers and breeders.
The theme picked for the meeting – CILSS’ 37th Day – was “Livestock in the...
The Togolese government closed its second seminar for 2022 on Tuesday, Sept 13. The meeting, chaired by President Faure Gnassingbé, covered key topics like urbanism, health, and boosting private investment.
The country’s authorities also reviewed issues such as the digitization of public services, the operationalization of the Tinga Fund, agricultural mechanization and the promotion of...
Lomé is hosting the Togo-Tunisia Economic Forum. On the occasion, a delegation of the Tunisia Africa Business Council (TABC) showed interest in investing in Togo and partnering with Togolese businesspeople.
Their interest was voiced by Anis Jaziri, chairman of the TABC, who led the Tunisian delegation.
At the opening of the business meeting between the two countries, Jaziri said: "Our wish is...
The Industrial Platform of Adétikopé (PIA), the Risk-Sharing Incentive Mechanism for Agricultural Financing (MIFA), and the Institute of Consulting and Technical Support, under the supervision of the Ministry of Agriculture (ICAT), signed an agreement a week ago to technically support actors of the Togolese agricultural value chain.
The deal, a memorandum of understanding (MoU), was inked in...
Malika Dhif is the new executive director of the African Development Bank (AfDB) in Togo. The Moroccan who worked as deputy director at the Treasury and External Finance Department of Morocco will also cover Morocco and Tunisia.
Dhif is the fifth woman on the AfDB’s Board of Directors.
"The number of women on the Board of Directors has increased from three to five. Previously Deputy...
The construction of soybean processing units at the Adétikopé Industrial Platform (PIA) is finished and the plants should soon be operational. This was tweeted by the PIA and the Mechanism for Incentive Agricultural Financing based on Risk Sharing (MIFA).
According to the PIA, over CFA165 billion was spent on the project, which will help process around 240,000 tons of fully local soybeans...
It is effective. Moroccans coming to Togo and Togolese visiting Morocco no more need a visa on arrival. This was confirmed on September 9, by Robert Dussey, Togo’s minister of foreign affairs.
"The agreement of July 21, 2022, on the abolition of visas for holders of ordinary passports between the Togolese Republic and the Kingdom of Morocco, has officially entered into force," Dussey...
Jeremy Awori is soon to become the new CEO of Ecobank Transnational Incorporated (ETI), the Lomé-based pan-African banking group.
The Kenyan was picked to replace Nigerian Ade Ayeyemi, according to a statement issued on September 12, 2022. Ayeyemi is retiring after heading the group for 7 years.
Awori has a 25-year career in banking, out of which he spent almost10 years as Managing...
The 62nd annual meeting of the Inter-African Coffee Organization (IACO) will be held from 14 to 18 November 2022 in Lomé. This was announced on September 8, 2022, by the Togolese Minister of Trade, Kodjo Adédzé, current chairman of the steering committee of the institution.
During the upcoming meeting, participants will discuss issues related to quantity, quality, and certification in the...
Sunu Bank Togo recently secured Payment Card Industry Data Security Standard (PCI DSS) certification. The document was presented to the public last Friday, September 9.
The bank’s CEO, Myriam Adotevi, and other top executives were present. Also present was Ali El Azzouzi, General Manager of Dataprotect, the information security firm that helped Sunu Bank Togo secure the...