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Page : 178 - Results of 2833 to 2848 from 5853 Results

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22/06/2021
Gal Yark Damehame, Togo’s minister of security and civil protection, is currently in Turkey on a four-day official visit. The official, who arrived last Sunday, is on a mission to improve cooperation between  Togo and Turkey.  Damehame was preceded earlier this month by Robert Dussey, the minister of foreign affairs, who met with Turkey’s Minister of national defense.  The...
The Eco, the projected currency of the ECOWAS, should become a reality in 2027. This date was set in the new roadmap for the single currency recently adopted by the Authority of the ECOWAS Heads of State and Government.  The leaders, who were holding an ordinary session in Accra, Ghana, adopted a new convergence and macroeconomic stability pact to ensure that the Eco is effectively used six...
Next month, Togo’s Prime Minister Victoire Tomégah-Dogbé, government members, and private sector representatives will attend the first Africa-France-Europe Summit on Corporate Social Responsibility. The news was reported by the Ecofin Agency. The event will regroup more than 150 participants who will discuss the new relationship between Africa, France, and Europe, in many areas, with an...
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21/06/2021
On June 17, the Togolese parliament unanimously passed the bill relating to the reform of the goods and asset declaration procedure.  The new bill facilitates the declaration, allowing actors concerned to only fill a form, online and physically, that will be submitted to the Mediator of the Republic.  Regarding the declaration basis, the minimum single fee which was supposed to be...
Last Thursday, Vliet Automotive Togo supplied 11 MAN trucks and 11 SCHMITZ CARGOBULL trailers to the hauliers of Brasserie du Bénin (BB Lomé). The provision of the equipment, worth CFA700 million, is part of a strategy to renew the brewer’s commercial fleet.  Keys of the vehicles were given to the hauliers in Lomé (where Van Vliet is based) by African Lease, the lessor that financed...
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21/06/2021
In the past three years, Togo’s néré seeds output rose from 110 t in 2018 to 126 t in 2020. The figure was reported in a study conducted by the FAO and the Agricultural Statistics, Information and Documentation Directorate (DSID). According to this study, the earnings of actors operating individually in the sector rose from CFA42 million in 2018 to CFA79 million last year. As for those...
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18/06/2021
The government plans to amend the chart of micro and medium-sized enterprises, to make it match the current economic and social context more. This was discussed during this week’s council of ministers, held on Wednesday.   “Due to the challenges preventing a true expansion and growth of the people’s entrepreneurship capacities, it became necessary to amend the existing chart to...
From October 5 to 7, this year, Lomé will host the Rencontres Africa summit, a gathering of French investors and African economic operators.  This was disclosed yesterday by the event’s general commissioner, Marc Hoffmeister, in the presence of Jocelyne Caballero, France’s ambassador to Togo, Laurent Tamegnon, president of the national employers’ council of Togo, and Rose Kayi...
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17/06/2021
Preliminary works for the construction of two solar plants, one at Salimde (in Sokodé), and another one at Awandjelo (Kara), will commence soon. Two decrees were passed to this end during the government’s latest council of ministers, held on June 16.  The council said adopting the decrees would “enable the start of compensation and expropriation procedures to secure the areas needed...
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17/06/2021
So far, the government of Togo has mobilized CFA363 billion out of the CFA400 billion it set its eyes on for its Covid-19 recovery and solidarity fund. This was recently disclosed by the minister of trade, Kodjo Adédzé. According to the official, the sum came mostly from goodwill donors, technical and financial partners, but also the private sector. “Part of the money came from technical and...
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17/06/2021
Recently in Togo, Gerd Müller, Germany’s minister for economic cooperation and development, inked a new partnership with Togo. The €142 million deal will revolve around three axes that will contribute to the country’s socio-economic development.  In detail, the first axis of the agreement aims to improve Togo’s business environment, by leveraging quality professional training,...
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17/06/2021
The government has opened up the shareholding of the MIFA, a mechanism promoting agricultural financing in Togo, to the PIA, an integrated industrial platform, and Arise Special Economic Zone, a Mauritian company and mother company of Arise IIP which designed the PIA. The two newcomers join the State and the FNGPC, a federation of cotton farmers.  The announcement was made in a statement...
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17/06/2021
Last Friday, Togo closed its fifth bond issue, with a 7-year maturity, on the regional money market. The operation, a treasury recovery bond issue, enabled the country to raise CFA27.5 billion. This new success reflects investors’ sustained trust in Togo since the end of the sociopolitical crisis it experienced in 2017.   For the fourth issue, which closed on May 21, average weighted...
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17/06/2021
Olam International, the majority stakeholder in the New Cotton Company of Togo (NSCT), plans to invest CFA4.6bn in the 2021-2022 cotton campaign. It eyes an output of 135,000 t for the season.  Part of the funds will be spent on industrial infrastructure, tech equipment, management software, including the NSCT’s integrated management software package SAP which will serve to manage...
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17/06/2021
On June 15, the Adetikope Industrial Platform (PIA) and the Togolese Institute for Agricultural Research (ITRA) signed a contract under which the latter is to provide the former 60 t of soybean seeds for the 2021-2022 season.  The TGX1910-14F seeds will feed the soybean value chain which Togo Agro Resources SAU, a firm settled at the PIA, entered. The agribusiness company will intervene in...
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17/06/2021
A development and urbanization masterplan will be adopted by six local municipalities. The project, led by the government, will be partly financed by the PIDU, an urban development and infrastructure project with an estimated value of $30 million.  The six municipalities concerned are Zio 1 (in the maritime region), Ogou 1 and Kloto 1 (Plateaux), Tône 1 (Savanes), Kozah 1 (Kara), and...
 

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