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Pan-African power developer AEE Power just won a €34 million contract to expand Lomé’s medium and low tension networks.
For the related international bid, the firm was running against CEGELEC, EIFFAGE RMT, LSE&SOGEA SATOM, and the SAGEMCOM-MRI conglomerate, among others.
Under the project, AEE Power will set up low and medium tension transmission lines, build...
Togo’s president, Faure Gnassingbé, is expected in Libreville today where he will meet his Gabonese counterpart, Ali Bongo Ondimba.
According to a statement from the Gabonese presidency, “the two leaders are to discuss ways to boost multisectoral and bilateral cooperation between their two countries.”
Let’s recall that before this visit, Gnassingbé’s last trip to Gabon was on...
Togolese authorities have recently reported that the country has passed 700 Covid-19 confirmed cases. In detail, there are 201 active cases, 494 recovered, and 15 deaths. Overall, the pandemic’s dynamics in Togo remain relatively stable.
Meanwhile, the economy is slowly reopening, with the airport set to resume flights. In this framework, various measures, such as passenger tracking, are being...
The national institute of statistics, demographics, and economic studies (INSEED) recently carried out a survey to determine how the Togolese population perceives the coronavirus and its impacts on local households.
Overall, 2,189 people were questioned as part of the survey which was backed by the World Bank; 91% of them said they are satisfied with the way the government is handling the...
To further mitigate the risk of Covid-19 spreading in the country through travelers, the Togolese government has enforced the use of the “Togo Safe” contact tracing app upon their arrival. They must keep the tool active throughout their stay or at least for 30 days, starting from the day they arrive in Togo.
The measure was disclosed in a circular issued by the National Agency for Civil...
Last Thursday, representatives from the government, the national council of employers and the labor union met in Lomé, in the framework of the first meeting of the council’s ordinary session on social dialogue in Togo.
Participants discussed among others; working conditions amidst the current health crisis, the focus of the economic restart, as well as of expectations and concerns of...
The WAEMU mortgage refinancing fund (CRRH-UEMOA) has reported for its 2019 financial year a net profit of XOF1.24 billion (XOF1,242,860,623 exactly).
In detail, 15% of this sum -around XOF186 million- will be allocated to the institution’s legal reserve; 5% (XOF62.14 million) to its special reserve; XOF712.54 million to its exchange rate risk management Fund. Meanwhile, 281 million will be...
In 2019, cement manufacturer HeidelbergCement which has three subsidiaries in Togo (Cimtogo, Scantogo, and Granutogo) invested XOF528.3 million in the people living in areas where it operates across the country.
This was disclosed on the presidency’s official website. The funds, the presidency indicated, were allocated to sectors such as rural electrification, community health, water and...
As Togo readies to resume flights, the government informed that all travelers must submit a certificate proving they tested negative to Covid-19 before embarking on flights.
This new measure does not exempt travelers from complying with precautions recommended by the World Health Organization (WHO) and the International Civil Aviation Organization (ICAO).
Any person who fails to...
After examination classes, universities and other tertiary education institutions should soon reopen in Togo.
The matter was discussed last Wednesday during a meeting between the Prime Minister, Komi Klassou, and directors of public and private universities of the country.
The learning institutions, the talks concluded, will resume activity in a limited manner; to minimize physical...
After making mask-wearing compulsory in the country, Togolese authorities said those who do not comply with safety measures could face sanctions.
The government warned that any such person could pay a fine that ranges between XOF3,000 and XOF20,000, or even a worse sanction - XOF50,000 and between one and six months of prison - if the offense is repeated.
Regarding companies,...
British carmaker Morris Garage (MG) will start operations in Togo on July 15, 2020. The firm signed a partnership agreement in this framework with Diwa International, the car dealer founded by Togolese businessman Jonas Aklessou Daou who also heads Sodigaz.
MG will offer various types of cars including its RX5 model, which is a modern SUV. “We have the ideal offers for professional,...
Last year, Togo imported 159,702 bottles of champagne (of 75 cl) for more than €3.1 million.
In West Africa, the country was the third-largest importer of champagne over the period reviewed. First was Nigeria with 569,440 bottles imported (€18,153,942) and Côte d’Ivoire with 348,955 bottles (€5,935,560).
Behind Togo were Ghana, which imported 102,070 bottles...
On July 7, 2020, the French Development Agency (AFD) and the Banque Ouest-Africaine de Développement (BOAD) inked two financing agreements worth a total of €175 million (or XOF115 billion). The funds are to make the WAEMU states more resilient to the Covid-19 and climate change.
According to a related statement, the first agreement, for €100 million, “will help the...
In Togo, the PAEIJ-SP, which fosters the creation of jobs for the youth and their professional insertion into promising sectors wants to turn 2,3000 farmers associations into cooperative societies.
The farmers concerned by the related project work in the organic soybean and maize sectors. Through the initiative, the government wishes to turn the farmers into true entrepreneurs. Through...
In 2019, Togo produced nearly 800,000 tons of phosphate (799,775 t), according to data gathered by the Central Bank of West African States (BCEAO). The volume, the apex lender said, is 21.5% lower compared to the 1.02 million tons produced the year before.
Though relatively stable over the past decade, the country’s phosphate output recorded some lows in the last five years;...