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Jonas Aklesso Daou, CEO of Zener (formerly Sodigaz), won the African Entrepreneur of the Year award at the Bamako Forum held last month. The forum, a top-level brainstorming gathering focused on Africa’s future, is held once a year and it has been over the past two decades.
The award recognizes the commitment of the young Togolese entrepreneur, who, with his company, makes an...
Cocoa and coffee farmers will receive, in the coming agricultural campaign, 1,195,000 seedlings from the Technical Support and Council Institute (ICAT). These respectively break down into 635,000 coffee seedlings and 560,000 cocoa seedlings.
They were produced and picked by the ICAT to boost the country’s output, as performances in the previous campaign were...
A draft decree to identify the most relevant segments of Togo’s telecom sector was examined during the council of ministers held last Thursday.
The decree, which takes into account the sector’s needs and demands, also aims to find out who are the most “powerful” operators in the key segments identified.
The move, according to the government, aims to help optimize the...
Last Thursday, Cina Lawson, the Togolese Minister of digital economy and digitalization, inaugurated the Operating Maintenance Center-Radio, a facility tasked with monitoring, in real-time, the quality of mobile networks’ services in Togo.
Established by the ARCEP, the country’s telecoms regulator, the new center has cutting-edge technology directly connected to Moov and...
Next July 1st, a panel on agroindustrial transformation in Togo will be held during the Forum Afrique 2021. The information was disclosed by the event’s organizer, the Conseil français des investisseurs en Afrique (CIAN).
The panel will be hosted by Shegun Adjadi Bakari, the Presidential Advisor. He will showcase the efforts Togo made regarding agro-industrial transformation and also...
The council of ministers adopted last Wednesday a draft decree defining the ARCEP’s conflict resolution, sanctions, and conciliation processes. The ARCEP is Togo’s e-communication and posts regulator.
“This draft decree, which simultaneously aims to protect consumer rights and the interests of operators in the sector, aims to specify the rules for conciliation, the handling...
The World Bank announced last Thursday it approved additional financing of $20 million (about CFA11 billion) by the International Development Association (IDA) for Togo. The latter will use the funds to boost support to people who are most affected by the Covid-19 pandemic.
According to the World Bank, the facility will be dedicated to the Social Nets and Services (FSB)...
Togo and Exim Bank of India signed on Wednesday, June 23, a financing agreement under which the former will provide the latter $40 million (about CFA22 billion) to supply power (PV solar) to 350 communities. The facility is the third credit line the Asian lender is giving the West African country, to boost electrification.
The money will serve to set up 2,000 solar irrigation systems...
The Adetikope Industrial Platform (PIA) authority is looking to buy teak wood from loggers operating across the country. The information was disclosed in a statement made available to Togo First.
Since it is now forbidden to export sawn timber in its raw and semi-raw forms in the Republic of Togo, the PIA is offering to purchase available teak wood stock from loggers, the statement reads....
Togocom, a telecom operator and Togolese subsidiary of the Malagasy group Axian, has partnered with RightCom, a startup specialized in the development and provision of experience management software.
RightCom, which is present in Nigeria, Benin, Ghana, and Ivory Coast, will help TogoCom automate its customer experience management and develop new tools to bolster this...
The highest outflows of FDI from Africa in 2020 were from Togo: $931 million (over CFA512 million).
The figure was disclosed in UNCTAD's recently released World Investment Report 2021.
Compared to 2019 where they stood at $43 million, outflows from Togo were up by 2,073%, with most of the investment directed to other African countries.
"For example, Afrik Assurances...
The United Nations Development Program (UNDP) will spend CFA50 million to set up two cassava production and transformation facilities in the villages of Tokpo and Atigbe.
The project will empower the women of these communities and foster local development, said Aliou Dia, Resident Representative of the UNDP in Togo. Dia, who talked with the women, added that they are having great issues in...
Foreign direct investments (FDI) to Togo soared from about CFA191 billion ($346 million) in 2019, to over CFA352.5 billion ($639 million) in 2020.
The increase (+85%), the UNCTAD said in its World Investment Report 2021, was mainly driven by investment from other West African countries, mostly in the cement sector.
“A key project was a $100 million plant for building...
President Faure Gnassigbé inaugurated Tuesday the Blitta solar plant. The Sheikh Mohamed Bin Zayed solar plant, as it has been named, was built by AMEA Togo Solar, a subsidiary of AMEA Power.
The plant has a capacity of 50 MWp and is equipped with more than 5,000 solar panels. According to the Togolese authorities, it should generate around 90,255 MWh per year, and supply...
A Commonwealth delegation is in Lomé for an evaluation mission, in line with Togo’s ambition to join the community. The members of this delegation will first meet with Prime Minister Tomegah-Dogbe, then with civil society organizations, the media, and political parties.
Togo has been wanting to join the Commonwealth since 2014. “The Commonwealth is a two billion consumer market....
The International Development Association (IDA) will provide an additional financing of $36 million (about CFA20 billion) to Benin and Togo, to help them combat coastal erosion. The disbursement was approved on June 21 by the World Bank.
Togo will use its share of the funds to continue implementing projects that protect its coast. These include “the construction and extension of...