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Page : 238 - Results of 3793 to 3808 from 5862 Results

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01/05/2020
Togo’s ministry of health has announced that the National Institute of Hygiene (INH) will set up an office in Kara (412 km north of Lomé) to better manage the Covid-19 outbreak.  The decision comes as multiple cases were recently discovered in the northern part of the country (7 cases in the Mô prefecture and one in Wawa). The cases, according to official sources, returned from...
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01/05/2020
To help the agricultural sector face the impacts of the Covid-19 pandemic, Lomé has decided to deploy a tailored response plan. The latter will support farmers and boost the country’s output.  The plan seeks to increase the sector’s revenues by around XOF230 billion. To this end, it has set target outputs for cotton to 225,000 tons, nearly 2 million tons for corn, around 332,598 tons...
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01/05/2020
The African Development Bank will spend an additional €12.33 million in the construction of the Abidjan-Lagos corridor.  This was disclosed last Wednesday in an official statement from the pan-African institution. In the document, the AfDB said it approved the funds’ provision to the Ecowas commission two weeks ago. The money will be used to partly pay studies for the...
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01/05/2020
The Coronavirus is disrupting supply circuits across African borders. For example, Kobo360, the Nigerian Uber-like app for trucks, said that 30% of its fleet is inactive due to the various measures taken by governments to contain the outbreak.  “There is no clarity around what can move around...or what is essential transportation,” said the startup’s co-founder, Ife Oyedele. He added...
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30/04/2020
Launched three weeks ago, the Novissi cash transfer scheme has provided nearly XOF4.86 billion to populations that are most affected by the government’s Covid-19 response.  In detail, more than 1.275 million people registered to benefit from the initiative. Out of these, 475,579 have so far been declared eligible to get the money. Out of the eligible are 166,913 men and the rest...
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30/04/2020
The World Bank will provide Togo $8.1 million to help it fight the coronavirus.  The funds will enhance the country's testing capacities and healthcare, by acquiring and setting up a mobile laboratory, treatment centres, and buying top-notch medical equipment. “They will surely improve Togo’s reaction against the pandemic,” said Hawa Wague, resident representative of the World...
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30/04/2020
On April 29, the World Bank approved the disbursement of $273 million for Togo, Benin, Burkina Faso, and Niger, by its International Development Association (IDA). The funds are allocated for the West Africa Unique Identification for Regional Integration and Inclusion (WURI) program. The latter, which is currently in its second phase, seeks to facilitate access to services for people in the...
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29/04/2020
Togo will set up a coastal protection entity as part of the second phase of the multinational project for the rehabilitation of the Lomé-Cotonou road. In this framework, the ministry of infrastructure and transport launched a call for manifestation of interest to hire a firm that will conduct studies related to the project. The deadline for the submission of applications is May 26,...
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29/04/2020
In Togo, the minister of agriculture, Noel Bataka, just gave 72 agricultural tractors to farmers.  The donation falls under a project steered by the MIFA and KFB Group, a private firm.  The tractors, which cost a total of XOF1.8 billion, will help sustainably develop food production chains, “through improved agricultural practices which increase output and boost food security,”...
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29/04/2020
The ceremony will take place in the afternoon (4 PM), at the presidential palace.  The information was disclosed by the Constitutional Court which stressed that given the actual health crisis, the event will be organized in a very simple manner, with a limited number of people.  Faure Gnassingbé won the elections (held on February 22, 2020) with more than 70% of the votes. For his...
All eight member-States of the West African Economic and Monetary Union (WAEMU) need exactly XOF5,284.9 billion to combat the Covid-19 pandemic.  The estimate was disclosed on April 27 by the Union’s heads of State council which held a videoconference that day.  The council also noted that the funds will greatly deepen the WAEMU’s overall budget deficit (grants included). The...
The WAEMU convergence criteria for stability, growth, and solidarity has been suspended. The decision was taken yesterday during a videoconference between the Heads of State of the WAEMU. This aims at enabling the union’s various member-States to have enough room to fight the COVID-19 pandemic more efficiently.  According to the leaders of the economic union, a total of 5,284.9 billion...
Togo’s national council of employers has just released a report assessing the economic impacts of the government’s Covid-19 response. The document also contains some recommendations to revamp the economy.  The report is in effect the results of a survey of 110 companies. The latter reveals that 41% of the surveyed firms have paused their activity while the rest function at a slow pace....
US rating agency Standard & Poor’s maintained its ‘B’ long-term and short-term sovereign credit ratings on Togo. “The significantly adverse effects of the COVID-19 pandemic will take a toll on the Togolese economy and public finances in 2020. Nevertheless, the country's solid economic performance and the fiscal consolidation over past years should contribute to a rapid economic...
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28/04/2020
Last week, Pan-African lender Ecobank disbursed about $3 million to help African nations fight the Coronavirus pandemic.  The support, which was provided in cash and health equipment, also involves sensitization campaigns and money transfers to the most vulnerable people, via the bank’s digital platform.  In the same framework, Ecobank has canceled some fees on its digital...
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27/04/2020
France will back Togo’s Covid-19 response with €3 million. The funds should be part of the European nation’s support to Africa, relative to the pandemic’s impacts on health, people, economies, and even debt.  The news was announced by President Emmanuel Macron himself along with congratulations to his Togolese counterpart, Faure Gnassingbé, on the sidelines of the 60th...
 

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