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In Togo, the government warned against the illegal occupation of coasts, reminding occupants in this situation that the areas are part of the State domain.
The warning, issued in a statement signed by the ministers of environment, infrastructure, and urban planning, states: “Anarchic installations on the squares along the Togolese coasts have been noted for some time. These occupations...
In Togo, the presidential program School Assur, a social protection scheme for schoolchildren and students in public schools, launched in 2017, has been prolonged for another year.
“Thanks to this extension, schoolchildren, and students in public institutions will continue to benefit from health care during the academic year and vacations.”
In its three years of activity, the...
In Togo, UNDP launched a call for investment projects with high potential for the economic empowerment of women and young entrepreneurs.
Targeting young and female entrepreneurs in the municipalities of Agou 1, Oti 2, Agoènyivé 5, Kozah 2, and Lacs 1, the program aims to eventually generate benefits for the local communities mentioned. The projects, the UNDP emphasized, must benefit the target...
In this exclusive interview with Togo First, Sandra Ablamba Johnson, Minister Delegate, Advisor to the President of the Republic in charge of Improving the Business Climate, discusses the latest developments in the World Bank’s Doing Business report. This is among others in response to various concerns and claims sparked by the recent suspension of the index.
Togo First: The World...
China, Azerbaidjan, the United Arab Emirates, and Saudi Arabia are the four countries concerned by the irregularities that pushed the World Bank to suspend, last week, the publication of its Doing Business report. This was reported by the Wall Street Journal.
The Bretton Woods institution said it would probe the irregularities in the data used to produce the report.
According to the...
Togo will try to raise 25 billion FCFA on the regional financial market by September 11.
The country, which has been successful since January with investors from the West African Monetary Union (WAMU), will issue to this end fungible treasury bonds with a nominal value of 10,000 FCFA, stipulated for a 36-month maturity.
The securities carry an interest rate of 6.15% per annum, payable from the...
The Project Management Unit (PMU) of the Global Fund in Togo launched a call for expression of interest to domicile its financial resources for the period 2021-2023. It urged interested banks to submit by September 7 applications for opening and managing three euro accounts and 31 accounts denominated in CFA.
The funds, €98,856.160 (around CFA65 billion) in total, will be dedicated...
The National Agency for the Promotion and Guarantee of Financing (ANPGF) and the National Council of Employers (CNP-Togo) sealed on Thursday, August 27 in Lome, a strategic partnership to support SMEs and SMIs which have been hit hard by Covid-19.
“Concerning the respective missions of our institutions, we have deemed it useful to join forces to provide our services and support to Togolese...
This week, a national workshop was held in Kpalimé to validate the Practical Guide to Disaster and Threat Management. This is a 48-page document that clarifies the roles and responsibilities of local authorities in the management of these situations.
It fosters the integration of disaster risk and threat reduction into development planning tools at the local level.
Management of threats and...
The World Bank Group has just announced the suspension of its highly acclaimed Doing Business (DB) report, which assesses the business climate in nearly 200 countries worldwide.
This decision, according to the World Bank, was driven by irregularities in data collected for the annual ranking. The reports in question are those of the years 2017 and 2019, that is to say, the DB 2018, where...
Togolese authorities have made compulsory the declaration of some “sensitive” products at the ministry of trade and local consumption promotion, before importing them. The measure was announced by a press release from the ministry (dated August 26, 2020) - it aligns with an inter-ministerial decree issued on July 17, 2020, to this end.
The products concerned include “live animals and fish,...
The Centre des Techniques Avancées (Center for Advanced Techniques) is the name of the new incubation center the Togolese government is setting up at the Chinese Center for Agricultural Techniques in Zanguera (a northwestern suburb of Lomé).
Last Tuesday, during a webinar co-organized by NEPAD and Ecobank, the minister of agriculture, Noël Bataka Koutera, said the government is looking...
Solar solution provider Bboxx just launched a new product: bPower20.
The product, designed for rural households and energy-efficient microenterprises, would first be deployed in Togo, Rwanda, Kenya, and the Democratic Republic of Congo - all markets where the firm operates. Other countries where Bboxx is active should follow by 2021.
“Thanks to a decade of experience and...
Togo’s power utility, Compagnie Energie Electrique du Togo (CEET), will purchase nearly €2.5 million worth of new connection equipment. This will include anti-fraud equipment.
Following a bid tender, French firm Michaud Export won the contract for the project. The firm, let it be highlighted, is present in 70 countries and has a capital of €60 million.
Equipment...
Togo will review its national development plan to adapt to the coronavirus crisis which affects both the local and global economy.
This was announced by the minister of economy and finance, Sani Yaya, at the beginning of the 19th national review of reforms’ performances.
On the occasion, the official declared: “We can learn a lot from the Covid-19 pandemic (...), especially...
Major actors of Togo’s tourism have gathered in Kpalimé since last Wednesday to update laws regulating the sector.
At the end of the meeting, the country should have new laws that are better adapted to current needs and community policies.
For the government and concerned actors, the main objective is to make the tourism industry more competitive and attractive, and ultimately...