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Page : 209 - Results of 3329 to 3344 from 5853 Results

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19/11/2020
In Togo, nearly two million hectares of land were analyzed to draw a soil fertility map. The latter is aimed at enabling farmers to be better informed about the composition of their land. The information was disclosed last Wednesday during the council of ministers.  This map will help farmers plant crops and use a fertilizer that matches the composition of their land.  Out of the...
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19/11/2020
In 2019, Togocel and Moov generated CFA159.5 billion of revenues. The figure, up by 9 billion (+6%) compared to 2018, was disclosed in a report published by Togo’s telecom regulator (ARCEP) entitled Evolution of Regulated Markets: Posts and Digital Communications. In detail, Togocel’s activity in the mobile service segment was bolstered last year (+10%) while Moov stagnated (+0.1%). With...
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19/11/2020
ECOWAS plans to support the private fertilizer sector in West Africa, through its investment and development bank, the EBID.  Talks were held between the EBID and the West African Fertilizer Association (WAFA), with a focus on providing the region a $520 million credit line - A line which the board of directors of the EBID had already approved.  Part of the funds should help...
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19/11/2020
Last Tuesday, ECOWAS experts and deputies commenced a five-day meeting to promote e-learning in the region.  The theme of the event is “ECOWAS in the Age of COVID-19 and Beyond: Focusing on Information and Communication Technology for the Promotion of Distance Education and Training in the Member States.” In effect, the event is focused on bolstering internet access and leveraging...
Fifty (50) micro, small, and medium enterprises (MSMEs) active in Togo will receive $350,000 to face the severe impacts of the Covid-19.  The funds, partly a subsidy and partly a loan with flexible reimbursement terms, will be spent on the pilot stage of the Emergency Aid Fund for Micro, Small, and Medium Enterprises in Togo. The latter is a project launched last week by the UNDP’s...
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18/11/2020
Started last June, the Lomé-Kpamé national road (RN5) modernization works are 15% complete, for 14.5% of the set time for completion. The news was disclosed by EBOMAF, the West African construction giant in charge of the project. “The work has been slowed down greatly, but we are managing,” said EBOMAF’s CEO, Mahamadou Bonkoungou. He stressed that he is personally engaged in the project,...
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18/11/2020
Living poultry, their derivatives, and poultry feed from Germany, Ireland, Denmark, Holland, UK, and Russia have been banned from entering Togo. The measure which took effect on November 16, 2020, was announced by the Togolese minister of agriculture, Antoine Lékpa-Gbégbéni.  The official explained that an outbreak of influenza has been raging for several weeks in the six countries. He...
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18/11/2020
On November 12, 2020, Togo’s telecom regulator, ARCEP, warned the country’s two mobile operators, Togo Cellulaire (Togocel) and Atlantique Telecom Togo (Moov) over practices impeding competition.  The two operators are accused of making on-net calls less expensive than off-net calls. The move, which could potentially discourage users of one network from calling those of the rivaling...
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18/11/2020
A year after the adoption of the leasing bill and the creation of African Lease Togo, leasing operations in the country are still struggling to take off. This, according to the Managing Director of African Lease Togo, Toussaint Sossou, is due to the lack of awareness about this banking product.   Toussaint Sossou, MD African Lease Togo In the period concerned, the country’s potential...
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16/11/2020
After canceling last Friday, an operation it planned to carry out on the regional financial market, Togo announced the launch of a simultaneous issue of fungible treasury bonds.  The operation which closes on November 27, 2020, breaks down into an issue of five-year bonds and another of seven-year bonds, both having a nominal value of CFA10,000.  Respective interest rates of the bonds...
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16/11/2020
In 2021, Togo will invest CFA25.5 billion in the digital economy. This was decided at the Council of Ministers held last week and focused on the draft bill for next year’s budget. The latter should be assessed for adoption by deputies in a few weeks.  The allocated funds will help the country advance its vision to make digital technology a lever to modernize the economy and society....
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16/11/2020
The Togolese government will dedicate around CFA66 billion to the development of agriculture and agribusiness. The amount represents 8.4% of total funding allocated to ministries and institutions under the draft of finance law adopted last Thursday in a council of ministers.  In effect, monies planned for agricultural development will help catalyze private investment in the sector and...
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16/11/2020
Starting next year, the Togolese State intends to strongly rely on the private sector to accelerate the construction of school infrastructure - especially classrooms - needed in the country. The decision, which will be reflected in public-private partnerships, was announced following the council of ministers held last Thursday.  Already, informs the government, a fund of CFA195.5 billion...
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13/11/2020
Togolese actors of the shea sector are meeting this week to work on a national strategy for its development. This strategy will include measures to tackle deforestation and easing access to market opportunities for shea derivatives.  The works were initiated during a workshop to provide training in the shea industry and make it more sustainable. The workshop started on November 12, in...
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13/11/2020
After delaying for a period, the works to rehabilitate the Lomé-Vogan-Anfoin (LVA) road are advancing well. According to estimates made during a visit by PM Victoire Tomégah- Dogbé on Nov. 11, they are 88% complete.  On the occasion, she said “this project faced major difficulties but there was a lot of catching-up” after top government officials got involved.  The project,...
The US embassy in Togo will provide $250,000 (nearly CFA140 million) to the Centre Afrika Obota-Togo (CAO Togo), in the framework of a decentralization project.  The project aims at improving local governance and local participation to support decentralization. In effect, representatives of local populations will be trained to voice their expectations and contribute to local...
 

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