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Despite the current health crisis, Togo raised last Friday XOF22 billion on the regional financial market.
In effect, Lomé which was seeking XOF20 billion through the issuance (of short-term fungible treasury bonds) mobilized a total of XOF29 billion (thus representing a subscription rate of 147%).
This is a new breath of air for the country which currently battles against the Covid-19...
Already scaled down a few weeks ago to 3% (from 5.5%), the growth forecast for the Togolese economy this year has been further reduced to 1%. This is as sub-Saharan Africa braces for its first recession in 25 years.
This is bad news for the national development plan which was set to take off a little after the presidential elections. However, the tides could turn next year in the event the...
Beyond Productions will be in charge of all communications relative to the Economic Governance Support Project in Togo (PAGE).
This was announced by the related award notice released by the ministry of economy and finance.
Under the contract, the communication agency will boost the visibility of the PAGE, both at the national and international levels, the project’s objectives,...
The Post company of Togo has teamed up with the team heading the Novissi cash transfer scheme to inform sellers about the use of e-payment tools in the various markets of the Grand Lomé region.
The tools in question are the post’s Eco CCP e-wallet, and the Tmoney and Flooz mobile money platforms. The initiative aligns with the Covid-19 response which mainly aims at keeping physical...
To date, 45 people have recovered from the coronavirus infection in Togo. This is more than 59% of the number of cases reported (81) so far.
Togo is thus one of the countries with the highest recovery rate in the world. Regardless, the death rate is near the global average which is very high.
Recently, two infected patients died. Aged respectively 63 and 39, one was being transferred from...
Fifteen doctors working at the Sylvanus Olympio hospital in Lomé have been quarantined. They were in contact with two recently deceased Covid-19 cases.
So far, the hospital has identified at least 40 medical staff (from the hospital’s emergency and pneumology units), including the quarantined doctors, who were in contact with the deceased. Regarding the latter, “aged respectively 63...
Togo plans on soon having its agricultural stock market, according to Jérémie Yamouti, head of the crop production at the ministry of agriculture, husbandry, and fishery.
This stock market should support actors of the agricultural sector, knowingly producers, processors, buyers. The project was born from a need to build trust between these various actors and help them find new outlets...
From now till the end of June, water at all public standpipes across Togo is free.
This was recently disclosed by the county’s water utility, Société Togolaise des Eaux (TdE), as part of social measures taken by the government to contain the spread of the Covid-19 in Togo.
The utility hence advised populations to properly use the standpipes, avoid wasting, and respect basic...
In Togo, the Professional Association of Banks and Financial Institutions (APBEF) has contributed XOF100 million to the XOF400 billion Solidarity Fund launched by Togo’s President, Faure Essozimna Gnassingbé, on April 3, 2020, to contain the spread of the Covid-19.
The sum was gathered by 20 members of the APBEF, knowingly banks, insurers, brokerage, and leasing firms, according to the...
Togo and 24 other African countries will receive immediate debt service relief from the IMF as support against the Coronavirus pandemic. This was revealed in a statement published by the Bretton Woods institution on April 13, 2020.
“I am pleased to say that our Executive Board has approved immediate debt service relief to 25 of the IMF’s member countries (...) as part of the Fund’s...
The 2019-2020 academic year will not be canceled. This was disclosed on April 13 by the minister for primary and secondary education, Affoh Atcha Dedji.
The announcement aims at reassuring those concerned by such an eventuality. Let’s recall that all schools have been closed in Togo since March 20th due to the Covid-19.
To continue classes, the ministry of primary and secondary...
In a recent article published in the Financial Times, Togo’s President, Faure Gnassingbé, declared: “No matter how effective the developed world’s approach to the Covid-19 pandemic might be in terms of protecting public health, it simply will not work in Africa without social protection.”
“Almost 85% of African workers - be they small farmers, street-food vendors, waste...
After suspending classes due to the Coronavirus crisis, the University of Lomé has decided to shift to e-learning.
“Measures taken to handle the Covid-19 crisis, notably the closure of schools and universities, have compromised the 2019-2020 academic year. Therefore, the Social and Collaborative Network of the University of Lomé, RESCOUL, which has proved its effectiveness over...
A contingent of 11 doctors from the Henry Reeve International Medical Brigade in Cuba has arrived in Togo to help fight the coronavirus.
Togo is therefore the second African nation to receive Cuban doctors, after Angola.
Since the beginning of the pandemic, the Central American nation has gained the admiration of many. Last month, as many Cuban doctors arrived in Italy to help the...
During the three months of health emergency declared in Togo, the government will spend more than XOF5 billion to provide electricity to some power users.
Beneficiaries are prepaid and postpaid low tension users, thus 340,000 households in the country. According to the ministry of energy who revealed details about the measure, the State should provide the power utility, CEET, XOF1.7...
The High Authority for the Fight against Corruption and Related Infringements (HAPLUCIA) calls on young and female Togolese entrepreneurs to support its anti-corruption actions.
As part of a public awareness campaign, entrepreneurs are called to print out advertising messages that will be displayed on giant 12m² billboards. Messages will be displayed for 3 months at the entry and exit of 9...