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Togo will host the second edition of the Africa Investment Days Forum on October 27 and 28 this year.
The event itself was launched last week, on June 28, in Lomé. Key figures present at the occasion included César Apollinaire Ondo Mve, President of the Common Court of Justice and Arbitration of OHADA (CCJA), which covers 17 African states, Guy Martial Awona, CEO of Orabank Togo, and Ali...
The University of Lome (UL) and the company Togo Terminal signed a memorandum of understanding that will benefit the Institute of Trades of the Sea (I2M). The agreement aligns with efforts to tackle the training-employment mismatch witnessed in Togo’s maritime sector.
The signatories, through the deal, want to develop and co-finance maritime courses provided at the UL, and to let students do...
A Turkish delegation was in Lomé last Friday to plead with Togolese authorities for a reduction in customs taxes on goods sent to the Togolese capital. The request, which aligns with Turkey’s ambition to boost trade with Togo, was made during a meeting with the Togolese Council of Employers.
Reducing custom taxes will, according to Berna Akyildiz, Chairman of the Turkey-Togo Business...
Togo has recorded good performances in several economic sectors over the past few years. According to Sandra Ablamba Johnson, Minister, Secretary-General of the Presidency, the country owes most of these performances and the consequent awards it won, to the World Bank.
The official said during the World Bank open day, held last week, on June 23 and 24, that the World Bank is one of...
The second edition of Togo’s E-commerce week (22 - 28 June 2022) was officially launched last Thursday in Lome. Organized by Togo Pride and sponsored by Ecobank and Togocom, the initiative aims to get more people to understand e-commerce.
The theme picked for this year’s edition is "E-commerce in Togo, challenges, and opportunities in the post-Covid-19 recovery era.” The event hosts...
Togo closed today, June 24, its latest issue on the UMOA securities market. It secured CFA25 billion by issuing recovery bonds with maturities of 3 and 7 years and a nominal value of CFA10,000.
According to a report released by the UMOA securities agency, 32 investors from the sub-region participated in the operation. They raised CFA81 billion which translates into a coverage rate of...
The Chamber of Trade and Industry of Togo (CCI-Togo) met with Togolese economic operators on June 23 in Lomé. On the occasion, the institution encouraged actors to attend the 17th India-Africa Conclave which will be held in New Delhi on July 19-20, 2022.
The event will focus on economic recovery in a post-Covid context. Canlan Yakpey, secretary-general of the CCIT, said during the meeting...
About a year ago, Togocel lost a dispute with the telecom regulator, ARCEP. At the time, the operator was fined CFA1 billion for inter-network tariff differentiation practices. Now, it could be sanctioned again.
Yesterday, June 23, the regulator summoned a delegation from Togocel. The latter was led by the company’s CEO, Paulin Alazard.
The accusation
This time, the ARCEP blames...
Togolese authorities met with some hotel managers last Monday. The meeting, which took place in Lomé, focused on providing the managers with tools that help mitigate the jihadist threat in the country, as the authorities believe the terrorists may use hotels as hiding places.
Specifically, the operators were given instructions on what to do when passengers arrive and how to manage the police...
In Togo, the District Autonome du Grand Lomé (DAGL) will pump CFA35 million into several projects aimed at protecting and preserving the environment in the capital, Lomé. The funds will be allocated as part of the 2nd edition of the call for projects for Togolese sports federations and associations operating in the Grand Lomé region. The tender, launched by the DAGL on June 21, will expire on...
President Faure Gnassingbé of Togo is still in Doha for the 2nd edition of the Qatar Annual Economic Forum. Yesterday, June 21, during a session titled "In conversation with President Gnassingbé" he revealed the various opportunities his country has to offer investors.
The leader mainly focused on attractive initiatives to develop value chains, especially those that can make the Autonomous...
The Togolese parliament adopted last Thursday two bills that redefine the attributes of the National Agency for Cybersecurity.
Concretely, the first bill covers updated texts that clarify the attributes of the Agency and redefine its strategic directions in cybersecurity in relation to the powers of the Regulatory Authority for Electronic Communications and Posts (ARCEP), regarding the...
President Gnassingbé is in Doha for the second Annual Economic Forum of Qatar. According to the Togolese presidency, he will be there from June 20 to 22.
The leader and his peers will discuss issues like African economies’ recovery, investments, supply chain resilience, inflation and ways to tackle it, the energy transition, and digital economy. Togo will share its experience relative...
In Togo, the Hospital Management Company (SOGEHP), in charge of the operation of the Dogta-Lafiè hospital (formerly called Saint-Pérégrin) launched on Friday 17 June, a capital opening and fundraising operation.
The capital opening aims to diversify 49.975% of the operator’s shareholding, raising CFA25.01 billion in the process. However, the SOGEHP will remain the main shareholder in...
Togo jumped seven spots in the latest Global Peace Index (GPI) released on June 15 by the Institute for Economics and Peace (IEP).
It is among the frican countries that improved their ranking on the Australian think tank’s index. The latter evaluates peace in 163 countries, based on 23 indicators, including deaths from internal and external conflict, terrorism, political instability,...
The Togolese Minister of Economy and Finance, Sani Yaya, recently urged local economic actors to put local production first. The official did so on June 15, at the 2nd annual State-Private sector Consultation Framework meeting in Lomé.
Referring to the negative impacts of the Ukrainian war on African countries, such as the spike in prices of basic commodities, Yaya said: "We must learn...