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On December 20, 2024, the International Monetary Fund (IMF) approved the release of approximately $58.7 million for Togo, as part of the first review of its Extended Credit Facility (ECF) program. This funding is intended for budget support and is part of a larger 42-month agreement worth $390 million, which was established in March 2024.
The facility will help bolster the Togolese...
Togo is updating its National Climate Change Adaptation Plan (PNACC). The project kicked off on December 23, in Lomé. The PNACC addresses climate change impacts, including irregular rainy seasons, agricultural land degradation, and heightened natural disaster risks.
Environment Director Méry Yaou emphasized the need for regular updates to the plan. "It is essential to reassess the measures...
The European Union (EU) will support the Togolese State budget with CFA12.8 billion. The Togolese Ministry of Economy and Finance announced the news via a press release issued on December 23.
According to the source, Lomé will use the funding, a grant, to implement the Togo 2025 Roadmap.
Togolese authorities noted that this support follows a prior assessment showing significant progress in key...
Togo's Council of Ministers approved an amending finance bill for the fiscal year 2024 on December 16, increasing the initial budget by 3.3%. This adjustment raises the budget forecast to CFA2,250.6 billion; it integrates an increase in budget revenues and cash resources.
In detail, budget revenues increased by CFA63.4 billion (5%), totaling CFA1,343.5 billion, compared to the initial forecast...
Société des Transports de Lomé (SOTRAL) has announced a fare reduction for urban transport in Togo, starting December 23, 2024. The price for trips that used to cost CFA150 will now be CFA100, a 33% decrease. Other fares are also being lowered: routes that cost CFA250 will now be CFA200, and those priced at CFA300 will drop to CFA250. Even the highest fares, which were CFA350, will now be...
Lomé-based media group New World TV has expanded its operations into Mali, officially launching its satellite television package (DTH) on December 12, 2024. The new package offers a variety of programs, including entertainment, news, and sports. The company's management expressed satisfaction with this launch, calling it a significant step in their goal to connect African populations and...
To improve public access to essential information, Togo has launched two new platforms, Open Data and Géoportail Open Data. The announcement was made on December 19, 2024, by the Ministry of Digital Economy and Digital Transformation through Agence Togo Digital (ATD). These platforms aim to enhance government transparency and support strategic planning by providing free access to data on...
This funding aims to connect around 8,000 public institutions, including schools and health facilities, to broadband internet. The project should benefit over a million people.
In partnership with the International Finance Corporation, the initiative will also focus on developing digital skills to enhance employability and attract more investment into Togo's entrepreneurial ecosystem. Also, the...
The Togolese government approved a revised budget for 2024 on December 16, 2024. The new total is CFA2,250.6 billion, up from the projected CFA2,179.2 billion. This 3.3% increase, or CFA71.4 billion, is due to new priorities amid economic uncertainties.
The government plans to use this finance bill to implement structural reforms and development policies as part of the Government Roadmap 2025...
The Togolese government will set up a commission to investigate the tragic incident recorded in Agoè, at the northern exit of Lomé, last Friday, December 13. A pedestrian bridge collapsed, causing the death of eight people and leaving three with serious injuries. A truck was involved.
On December 16, the Council of Ministers decided to set up an investigation commission to determine the...
Nana Nanfamé is the new Chairman of the Board of Directors for the New Cotton Company of Togo (NSCT). The state company officially disclosed the news in a press release issued on December 13, 2024.
Nanfamé replaces the late Simféitchéou Pré. The new board chairman had led the company from 2016 to 2020 before Olam Group took over. His extensive knowledge and experience are expected to...
The Togolese government announced on December 16 new measures to enhance the safety and security of transporting and using radioactive materials, as outlined in the law of June 10, 2020, on the safe and peaceful use of nuclear power.
This initiative supports nuclear medicine and radiotherapy projects across the country, both existing and under development. These projects address the growing...
Nei Futuro Bitencourt, the Brazilian ambassador to Togo since 2021, passed on December 13, 2024, in Lomé. The Brazilian Ministry of Foreign Affairs confirmed the news.
Throughout his career, Nei Bitencourt served in various prestigious diplomatic posts, including embassies in Tokyo, London, Washington, Maputo, and the consulate-general in Nagoya. He was acknowledged for his consistent...
Gilbert Bawara, the Togolese Minister of Labor and Social Protection, is the new head of the Council of Ministers of the Inter-African Conference on Social Security (CIPRES). He was formally appointed on December 13, at the end of the 37th council meeting in Lomé.
Bawara served as the Chairman of the CIPRES Council of Ministers for the first time in 2023. This year, however, he was replaced by...
Togo launched the first National Quality Days (JNQ) on December 13, 2024. Organized by the High Authority for Quality and the Environment (HAUQE), it was themed: “Quality, a lever for growth in national production.”
The two-day event included conferences, panels, and workshops on key topics such as metrology, certification, and the importance of standards for international markets.
In...
Mali, Niger, and Burkina Faso, the members of the Alliance of Sahel States (AES), will maintain the free movement of goods and people with the Economic Community of West African States (ECOWAS), despite their decision to leave the organization.
The AES countries announced this in a joint declaration adopted in Bamako on December 14, 2024. The declaration states, “The Confederation of Sahel...