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For the 2023-2024 agricultural season, MIFA (Mécanisme incitatif de financement agricole) has helped secure CFA1.33 billion FCFA in financing for farmers, according to government data. This initiative is part of broader reforms in the agricultural sector outlined in the Togo 2025 roadmap.
Over the period, additional support measures were introduced to improve farmers' access to resources. This...
A delegation from the Port Autonome de Lomé (PAL), led by director Fogan Adegnon, has been on a mission in Sahelian countries since October 6, 2024. The first stop was Niamey, Niger, where they aimed to inform local economic operators about new measures at the Port of Lomé to improve trade.
In Niamey, the Togolese delegation met with local authorities, transport unions, and Niger's importers...
At the Summit for Economic Development in Abidjan, Côte d'Ivoire, on October 10, 2024, Togolese Prime Minister Victoire Dogbé called for a review of the International Development Association's (IDA) financing conditions to better meet the needs of beneficiary countries.
"We are asking IDA and our partners to rethink financing conditions so that they are better adapted to our local realities...
Ollo Africa, a tontine fintech company based in Lomé, has partnered with Ecobank to expand across Africa. The related agreement aims to increase access to financial services through Ollo’s app, Ohana Africa. The app’s users will have access to Ecobank's Pan African Wallet, extending financial services to underserved people.
The new partnership seeks to improve financial inclusion in Africa,...
Coumba Dieng Sow has been appointed as the new United Nations Resident Coordinator in Togo. She was appointed last week by UN Secretary-General António Guterres.
As new UN's representative, Sow will coordinate efforts to ensure a unified response to Togo's national priorities and needs, aligning with the Sustainable Development Goals (SDGs) and other international commitments.
Sow will...
An International Monetary Fund (IMF) delegation is in Togo to review the country’s new 42-month economic program backed by a $390 million extended credit facility (ECF). The mission ends on October 18, 2024.
According to the Togolese Ministry of Economy and Finance, the IMF team will engage in discussions with local authorities and various entities about issues related to the real...
Togo has officially opened an Office for the Reception, Information, and Orientation of Litigants at the Tribunal de Grande Instance de Lomé. The office opened on October 7, 2024, to provide clear information about legal procedures and court services.
This initiative aims to combat judicial canvassing, a practice where illegal intermediaries exploit citizens' lack of knowledge about legal...
In Togo, Nouvelle Sototoles, a company under Hage Group, launched a new paint production unit, expanding its operations beyond sheet metal and metallurgical products. The new venture, branded Jessi Peintures, has been marketed in the sub-region for 20 years, particularly in Burkina Faso.
Located in the port area of Lomé, the plant required an investment of around CFA1 billion. It can produce up...
Togo and Ghana resumed talks on the demarcation of their land borders. A two-day meeting was opened on Oct. 8 in Lomé, the Togolese capital, in this framework. The session aims to help both countries agree on the exact boundary line between Borne 1 and the sea.
Participants reviewed previous technical commission sessions and monitoring committee meetings. The review aimed to help national...
Ahead of an Belgian economic mission scheduled to visit Togo next month, the Chamber of Commerce and Industry of Togo (CCI-T) invites Togolese entrepreneurs to participate in projected B2B meetings.
The mission will include a plenary session on November 7 at the Hotel Sarakawa, followed by B2B meetings on the same day and November 8.
These sessions aim to connect Togolese companies with...
The digital platform for handling procedures related to the Port of Lomé is officially online. Announced a few days ago, the platform was launched on October 8, 2024. This new platform allows service providers to complete all port-related formalities online, from data entry to invoice payment.
Minister of Maritime Economy and Coastal Protection, Richard Kangbeni, explained that the move mainly...
As of the end of June 2024, Togo's total domestic receivables, which include financing provided to both the private sector and the government by banks and decentralized financial systems, reached CFA1,968 billion. This is 4% more than the sum reported for all of 2023–CFA1,890 billion. The Conseil National de Crédit (CNC) disclosed the recent figure during its third annual meeting in...
The Togolese government plans to create a "Togo Site Touristique" label to enhance the country's tourist sites and set quality standards in the tourism sector. This initiative is part of the government's broader reforms outlined in the Togo 2025 roadmap.
The new label will distinguish Togolese tourist attractions, making them more appealing to local and international visitors. According to the...
The second edition of the National School on Internet Governance (ENOGI) ended on October 8, 2024. The two-day event was organized by Internet Society Togo (ISOC-Togo). It gathered in Lomé various Togolese internet pioneers, such as Jean-Marie Noagbodji, whose company manages the Togolese internet extension ".tg," along with regional experts.
"Our meeting today comes when the Internet is at a...
Togo’s Ministry of Planning, Development, and Cooperation is recruiting field agents for the 5th National Agricultural Census (RNA 5) until October 15, 2024. This recruitment is in preparation for the census, which last occurred in 2012.
Candidates must apply on a dedicated platform. Once selected, they will gather information on crops, cultivated areas, farm types, and agricultural farming...
Lomé-based Pan-African airline Asky has resumed flights from Lomé, Togo, to Pointe Noire, Congo, through Luanda, Angola. A ceremony was held on October 2 to celebrate the resumption.
On this route, Asky will operate three flights weekly–Mondays, Wednesdays, and Fridays.
The flights had been halted for four years due to a lack of passengers. With the reopening, Asky has only one...