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Ecobox, a project that aims to keep Aneho and its surroundings clean was launched on July 5, 2021. This project, initiated by Africa Global Recycling and financed by Togocom, contributes to sustainable development, improves living standards, tackles pollution, and fosters eco-entrepreneurship in Togo.
“The sustainable management of waste in our municipalities must imperatively go beyond...
PIA to become major shareholder of Togo’s Risk-Sharing-based Agricultural Financing Mechanism (MIFA)
Adetikope Industrial Platform (PIA), a joint venture between the Togolese State (35%) and Arise IPP (65%), will become MIFA’s major stakeholder. The move was announced at the end of the council of ministers held yesterday, July 7.
The PIA’s stake in the MIFA is yet to be disclosed but the State, however, said it would head the company’s board of directors.
The State itself...
Togo produced more than 1.26 million metric tons (Mt) of grains in 2020, up from nearly 1.19 million metric tons in 2018 (+6.5%). The figures, disclosed by the BCEAO, only cover the corn, millet, and sorghum sector.
In detail, the country’s corn output grew by 7% between 2018 and 2020 - from over 886,000 Mt to nearly 950,000 Mt (it passed 900,000 Mt in 2019). Corn, it should be...
Faure Gnassingbé, Togo’s President, should attend - according to sources close to the Togolese presidency - a top-level meeting that will be hosted by Ivorian President Alassane Ouattara and the World Bank. Set to take place in Abidjan on July 15, 2021, the event will gather over 20 African leaders who will highlight the importance of an ambitious and robust 20th replenishment of the...
Last week, on July 2, Togo and Gabon signed a memorandum of understanding to make it easier for the former to import wood products from the latter. The MoU was signed in Libreville, Gabon, by the Togolese Minister of forest resources and environment, Katari Foli-Bazi, and Gabon’s Minister of water and forest resources, Lee White.
The five-year agreement will mutually open up the countries’...
New irrigation systems and superstructures will be built in about 50 planned agricultural development zones (ZAAP), spread across 13 prefectures of Northern Togo. Related construction works should be completed within six months.
In line with the project, the Togolese ministry of agriculture and development recently launched a tender, closing on July 30, 2021, to...
About 80% of the Togolese population think the country offers many opportunities to start a business
Nearly 79% of Togolese citizens say there are good opportunities to start a business in the region where they live. The figure is from the 2020-2021 report of the Global Entrepreneurship Monitor (GEM), an international research center that studies entrepreneurial activity in several countries, worldwide.
The ages of the sample population of Togolese citizens covered by the study range from...
Lomé’s Court of Appeal sanctioned, last Monday, nine pirates with heavy jail sentences and fines. The culprits were brought to justice for trying to hijack - on the night of May 11-12, 2019 - the G-Dona 1 tanker, a Togo-flagged vessel owned by a Beninese shipowner.
The crew’s leader - a Nigerian named Peter Paul - received a 15- year sentence, a five-year entry ban in Togo, and a CFA 50...
For the second consecutive year, Togo meets the US requirements relative to budget transparency. This was disclosed in the US Department of State's latest Fiscal Transparency Report. The latter assessed fiscal transparency in over 140 countries, throughout 2020.
The West African has, over the period reviewed, made available to the public all information related to its budget, forecast...
Togo lost at least $3.9 billion between 2008 and 2017 due to trade misinvoicing. The figure is disclosed in a report recently published by Global Trade Integrity.
The American NGO said that on average Togo lost about $361 million or 30% of its total trade, per year, with the 36 advanced economies in the world, over 2008-2017. This makes it the second developing country worldwide,...
The administration of Pfizer vaccines, 100,000 doses of which Togo received last month, will begin tomorrow, July 7, and end on July 22, 2021.
Set to take place in two phases, the vaccination campaign will cover only the Grand Lomé area. In the first phase, going from July 7 to 14, people of 50 years and more will be vaccinated. In the second, which will start on July 15 and end on July...
A total of 7,311 new businesses were registered in Togo during the first half of this year. The figure was released on July 2 by the Business Formality Center (CFE). This is up by 21% compared to the number recorded in H1 2020.
In detail, 60.83% of the businesses registered (4,447) were owned by natural persons, while the remaining 39.17% or 2,864 were held by legal...
The Togolese Prime Minister, Victoire Tomegah-Dogbe, was awarded, on July 4, the Carl Von Carlowitz Prize for sustainable development by the German Senate.
“The Togolese government is convinced that there can be no real profitable development for coming generations without real investment in human capital. Our roadmap is proof of this,” said the PM who welcomed the...
Robert Dussey, the Togolese minister of foreign affairs, was in Qatar last Sunday. He met with his Qatari counterpart, Sheikh Mohammed Bin Abdulrahman, and talked about investment opportunities available in Togo.
After the meeting, Dussey tweeted: “Qatari investment in Togo and a business meeting between the two countries were the main topics of discussion.”
Three years ago, in May...
On July 1, 2021, during the CIAN Africa Forum held in Paris, Shegun Adjadi Bakari, Advisor to the President of Togo, said Togolese agriculture is booming and that the sector is promising.
The official who was speaking during a panel of the “agro-industrial transformation in Togo” shed light on the Togolese government’s efforts to develop agriculture, by bolstering local...
CUBE, the Togolese incubator, released last Thursday a list of 20 startups selected to take part in the Kpital Race fundraising.
In addition to Millenium Microfinance and Cofina, more than 10 business angels took part in the selection process, sorting submitted projects by their relevance, the needs they meet, and turnout potential.
Nine of the selected startups operate in...