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Page : 229 - Results of 3649 to 3664 from 5859 Results

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26/06/2020
L’Organisation des Nations unies pour l'alimentation et l’agriculture (FAO) a signé hier jeudi à Lomé, 7 accords de financements, au bénéficie de partenaires locaux, dans le cadre de son Mécanisme forêts et paysans. C’est en tout plus de 130 millions FCFA qui ont ainsi été débloqués, dont 15 à 20% seront déployés pour les actions de riposte contre la covid-19. Le reste de ces...
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26/06/2020
Since the beginning of this year, the National Fund for Inclusive Finance (FNFI) has disbursed in XOF2.176 billion to about 21,000 beneficiaries, via its partnering financial institutions.  According to the Fund, last week was the most performant related to amounts disbursed -around 100 million for 442 people, compared to about 260 million throughout the first quarter of 2020.  Over...
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26/06/2020
Twenty-five billion CFA. That is the amount recently approved by BOAD’s board of directors in profit of Togo’s power utility. The monies will be used by the latter to pay part of its debt to power suppliers.  Among others, the funds should enable Togo to ease tensions with Nigeria which it owes, together with Niger and Benin, nearly XOF45 billion. Nigeria has even threatened many times...
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26/06/2020
A major milestone has been reached for the project to build a 161kV power transmission line connecting Natitingou, Tanguieta, Porga, and the Benin/Togo border.  The Communauté Electrique du Bénin (CEB), which is in charge of the project, indeed secured XOF15 billion from the West African Development Bank (BOAD) to partially fund its development. The Bank’s board of directors approved...
In a recent report, the Central Bank of West Africa (BCEAO) forecast WAEMU’s economic growth rate at 2.6% in 2020. This is 4 percentage points less than the apex bank’s initial forecast (6.6%) - a drop explained by the Covid-19 pandemic.  This was disclosed after the ordinary meeting of the Monetary Policy Committee (CPM) which took place earlier this week.  Another information...
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25/06/2020
On June 24, 2020, the West African Monetary Union (WAEMU) received half a billion CFA from France to hasten decentralization across its member States.  The money will be used to help the WAEMU’s territorial collectivities’ council implement the regional programme for support to decentralization in the region, over a two-year period. The territorial collectivities’ council was...
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25/06/2020
The ministry of agriculture launched last Tuesday the agriculture and food Marketplace. This was done in Tsévié. The platform, announced in April, should boost trade of agricultural commodities and foodstuff in Togo, mainly by centralizing data related to the various transactions made in the sector. Among others, the new marketplace aims at supporting all stakeholders of the agricultural...
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25/06/2020
Togo’s ministry of decentralization and territorial collectivities met on June 23, 2020, with its technical and financial partners (AfDB, BOAD, KfW, UNDP, ProDeGoL, EU, Unicef), to review progress made so far in terms of decentralization in the country.   “June 30 will mark a year since local elections took place, that is the election of municipal councillors,” said Payadowa...
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24/06/2020
A total of 78,000 people benefited from the government’s free water access measure initiated under the Covid-19 response in Togo.  The figure was revealed by the country’s water utility, Société Togolaise des Eaux (TdE). The number is nearly 22% more than the 66,000 beneficiaries it expected. The increase was among others due to new connections recorded over the period...
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24/06/2020
Fearing that a coronavirus-induced food crisis might hit Togo and its neighbors, the African Development Bank (AfDB) has decided to reallocate the $3 million budget initially set aside for the agrohub project to purchase agricultural inputs.  In Togo, this financing will be used to buy fertilizers, organic pesticides, and seeds for about 150,000 small farmers.  “These inputs...
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23/06/2020
As it prepares to reopen and resume flights, Lomé’s Gnassingbé Eyadema international airport is taking serious measures to ensure the safety of travelers. This includes a lab to test them for Covid-19 upon arrival.  The lab, recently announced by the national Covid-19 response unit, is being set at the airport’s old terminal.  According to Col., Dokissime Gnama Latta who heads...
The Togolese Fund for Support to Youth-led Economic Initiatives (FAIEJ) launched on June 23, 2020, a digital financing platform for young entrepreneurs.  The platform, which was developed by incubator Nunyalab, is aimed at helping entrepreneurs who have liquidity issues get loans from the FAIEJ’s partnering financial institutions. The facilities will be repayable over 12 months, according...
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23/06/2020
For the 2020-2021 agricultural campaign, Togo mobilized 120,000 tons of fertilizer, according to a recent note published by the ministry of agriculture and husbandry.  This volume breaks into 40,000 tons of urea, 80,000 t of NPK15-15-15, and organic fertilizers. The country, it should be noted, uses an average of 61,000 t of fertilizer per annum, according to data obtained by...
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23/06/2020
In Togo, the ministry of agriculture has launched an e-learning platform offering courses on agriculture, husbandry, and fishery.  The platform is accessible to students, farmers, or anyone interested in these sectors. It is hosted on the ministry’s virtual business incubator.  The users of the platform can also learn about incubation and certification, or even how to apply for...
Twenty-six million dollars. That is how much Togo should save due to the World Bank’s recent decision to suspend the payment of its debt till the end of this year. The sum represents 0.5% of the country’s GDP.  The debt moratorium was granted in the framework of the World Bank’s Debt Service Suspension Initiative (DSSI). The latter was launched in response to the Covid-19 crisis and...
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23/06/2020
The German cooperation and sustainable development body, GIZ, has launched in Togo a call for expression of interest to hire various firms to carry out various projects. The call will close on July 13, 2020.  The firms concerned include hospitality services (with whom GIZ will build new partnerships), travel agencies (to supply plane tickets), insurance companies (to provide health...
 

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