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Page : 34 - Results of 529 to 544 from 5853 Results

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27/08/2024
Ahead of the 9th Tokyo International Conference on African Development (TICAD 9), scheduled for 2025, Togolese Foreign Minister, Robert Dussey, attended a preparatory ministerial meeting in Japan from August 21 to 25. The meeting aimed to outline key discussion points for the upcoming conference. Among others, participants discussed current and future challenges facing the African continent....
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27/08/2024
Enrollment at the IFAD training centers for the 2024-2025 academic year has been pushed back to September 13. The Agence Education-Développement (AED), which manages the centers, recently announced the extension. The prior deadline for enrolling was August 8. This extension provides a new opportunity for young Togolese aged between 16 and 29 to apply for the training courses. Applicants must...
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27/08/2024
The transitional government announced these appointments during its first cabinet meeting on August 23, 2024. Each governor will oversee one of the country’s regions. The new governors are Affoh Atcha-Dedji, Komlan Adjitowou, Dadja Maganawé, Taïrou Bagbiegue, and Zouréhatou Kassah-Traore. They will oversee the Savanes, Kara, Plateaux, Maritime regions, and the Autonomous District of Greater...
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23/08/2024
Togo raked up CFA144.50 billion in non-tax revenues last year, against an annual target of CFA60.07 billion. In 2022, the country had mobilized CFA58.98 billion in non-tax revenues, according to a recent Ministry of Economy and Finance report. The strong growth in non-tax revenues, which are not linked to taxes but to considerations such as remuneration for services rendered, miscellaneous...
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23/08/2024
Togo’s tax body, Office Togolais des Recettes (OTR), collected CFA990.1 billion in 2023. This is about 90 billion more than it aimed for the year (CFA912.1 billion). Over the year reviewed, the OTR gathered CFA226.86 billion from income, profits, and capital gains taxes, and 493.07 billion FCFA from domestic taxes and duties on goods and services, according to the "Rapport d'exécution du...
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23/08/2024
Nigeria's electricity regulator, the Nigerian Electricity Regulatory Commission (NERC), has expressed frustration over unpaid debts from Niger, Benin, and Togo, which together owe $14.19 million for electricity supplied in the first quarter of 2024. In a recent report, NERC criticized foreign electricity companies, particularly Société Béninoise d'Énergie Électrique (SBEE) in Benin and...
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23/08/2024
At present, Togolese citizens can travel to 61 countries visa-free. The Henley Passport Index recently disclosed these countries.  Over the past five years, Togo has increased its worldwide reach thanks to visa waiver agreements and changes in the travel policies of several countries, simplifying the procedures for obtaining visas (notably visa-on-arrival). From 54 in 2018, the number of...
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23/08/2024
The University of Lomé (UL) and the Washington International Management Institute (WIMI) are set to sign an educational partnership agreement. The details of this collaboration were outlined on August 20, 2024, by UL President Adama Mawulé Kpodar and WIMI founder Bruno Mukendi. The partnership will primarily focus on expertise and skill sharing. WIMI will leverage the UL’s expertise to...
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23/08/2024
Togo officially launched its National Energy Information System (SIE-Togo) in Lomé last week. This initiative is part of the operational phase of a broader West African energy sector development policy led by the Energy and Mining Directorate of the ECOWAS Commission. The SIE-Togo is a digital platform designed to enhance data sharing, reduce entry errors, and speed up processing times. The...
Essowè Georges Barcola is Togo’s new Minister of Economy and Finance. The replacement of Sani Yaya was announced on August 20, 2024. Barcola, the former Director General of the Togolese National Lottery (LONATO) and a Commissioner at the West African Economic and Monetary Union (UEMOA), where he oversaw the Department of Administrative and Financial Services. As Minister of Finance and...
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21/08/2024
The Plateaux and Maritime regions should record heavy rains in the next three months. Togo’s Weather Agency, ANAMET, disclosed the forecast to the press on August 20. While the upcoming weather conditions are favorable for sowing, they also pose risks according to the ANAMET. The agency said there could be flooding in the watersheds of Lake Togo, Mono, and Ouémé.  To mitigate these...
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21/08/2024
Togo launched a new issue on the West African Monetary Union’s securities market. Lomé seeks CFA30 billion through the operation which closes on August 22.  In detail, the treasury simultaneously issued fungible bonds and bills (OATs and BATs). It hopes to raise CFA10 billion through the BATs and CFA20 billion through the OATs. The former have a par value of CFA1 million, mature over 182...
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20/08/2024
The "Strengthening Preparedness and Response to Health Emergencies" project was officially launched in Togo on August 19. The Minister of Health, Moustafa Mijiyawa, launched the initiative in Lomé, the capital. Togo secured $19 million (approximately CFA11 billion) from the Pandemic Control Fund to finance the project. Fruit of a collaboration with the Food and Agriculture Organization...
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20/08/2024
The Bank of Africa (BOA) is set to increase its capital for its subsidiaries listed on the BRVM stock exchange, including BOA Togo. This decision aligns with new regulations from the Central Bank of West African States (BCEAO), which require banks in the WAEMU region to maintain a minimum capital of 20 billion CFA francs, accompanied by a three-year moratorium. In an official statement, BOA...
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20/08/2024
In Togo, Ecobank, Orabank, BIAT, COFINA, CORIS BANK, SUNU BANK, and BOA are the seven financial institutions integrated in the pilot phase of the WAEMU’s Interoperable Instant Payment System. The last five institutions (Ecobank and Orabank are excluded) joined the platform on August 12, 2024, according to the BCEAO, the WAEMU’s Central Bank. Across the WAEMU, 90 institutions take part in the...
Last week, Lomé hosted a meeting to review the WAEMU Regional Program for Tourism Development (PRDTOUR). The WAEMU Commission initiated the gathering.  On the occasion, participants reviewed actions undertaken in Togo, as part of the program. Togo’s Minister of Tourism, Kossi Lamadokou, was present. “Many challenges still need to be tackled in Togo and other countries within the space,...
 

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