26/01/2024
Togo gets CFA24 billion from the EU in budgetary support
The European Union (EU) will support Togo’s budget with a CFA13.44 billion financing. This will add to another CFA10 billion recently disbursed to bac...
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Togo gets CFA24 billion from the EU in budgetary support
The European Union (EU) will support Togo’s budget with a CFA13.44 billion financing. This will add to another CFA10 billion recently disbursed to bac...
Togo to host first ECOWAS Investment Forum on April 4 and 5
Lomé will host the first ECOWAS Investment Forum (EIF) on April 4 and 5. The forum will be organized by the ECOWAS Bank for Investment and Development...
Togolese government will spend CFA2 billion on fishing and aquaculture projects in 2024
Togo will invest CFA2 billion in fishing and aquaculture this year. That is almost 70% of the CFA3.1 billion budget allocated to the Ministry of Marit...
A Turkish delegation of investors was recently in Togo
A delegation of Turkish investors met Togo’s Minister of Investment Promotion, Manuela Santos, on January 17. They were led by the Turkish Ambassador...
Poultry: Togo temporarily halts imports to support local producers
Togo stopped importing frozen poultry, temporarily. According to the Ministry of Agriculture and Livestock, this is to help local producers sell their...
Togo: President Gnassingbé vows to better protect northern populations against terrorists
President Faure Gnassingbé was in Cinkassé, in the Savanes region, last Sunday, January 21. In a speech to the region’s soldiers, the Togolese leader...
Togo: Inclusive finance fund to leverage biometric ID to improve loan repayment nationwide
The National Inclusive Finance Fund of Togo (FNFI) wants to leverage biometric identification to track bad loan payers better. The Fund unveiled this...
Upcoming Pan-African Congress moved a few days
Scheduled for October this year, the 9th Pan-African Congress has been moved a few days. Initially, the forum was scheduled to take place in Lomé from...
WAEMU Stock: Lomé secures CFA27.5 billion in a second annual issue
Togo closed its second annual issue on the WAEMU market on January 22. It raised CFA27.5 billion via the operation–CFA2.5 billion more than it was see...
School canteen project: Government prepares local authorities to take over
The government of Togo will slowly transfer the management of its school canteen project to local authorities. On January 18, Kara and Atakpame...
Togo: Government sets up special water police to ensure compliance with water code
Togo has set up a Water Police, in line with its ambition to achieve Universal clean water supply by 2030. The police was officially established last...
Togo: Tchamba municipality gets modern market
The municipality of Tchamba, northern Togo, now has its market. The facility was inaugurated on January 21, 2024. It was built as part of a larger pro...
Togocom paid CFA15.4 billion in State dividends since privatization
Over the past three years, Togocom has paid about CFA15.4 billion in dividends to the Togolese State. In detail, the telecom operator paid CFA7.08 bil...
Togo: A new toll booth opens on the Segbe road this Saturday, January 20
Starting tomorrow, January 20, a new toll booth will be operational on the Segbe road in the southwest suburbs of Lomé. The booth was officially commi...
Togo: China wants to help Togo address the security crisis in the Savanes region
China is interested in supporting Togo’s Emergency Program for the Savannah Region (PURS) and helping the African country better address the security...
Togo: Government rehabilitates and reopens 60 health centers in the Savanes region
In Togo's Savanes region, the 60 health centers rehabilitated or built as part of the "Services de Santé Essentiels de Qualité pour une Couverture San...
U.S. considers new investment opportunities in Togo
The U.S. Ambassador to Togo, Elizabeth Fitzsimmons, met Manuella Santos, Togo’s Minister of Investment Promotion on January 17, in Lomé. During the me...
Togo: Government ups allocations for local authorities by 16% YoY
The Togolese government will allocate CFA7 billion to local authorities in 2024. This is a billion more than last year (+16%). The funds will be provi...
In Lomé, President Gnassingbé reviews China-Togo cooperation with Chinese Minister Wang Yi
Togo’s President, Faure Gnassingbé, met with China's Foreign Minister, Wang Yi, yesterday, January 17, in Lomé. Lomé was one of the stops on an Africa...
Togo pumps $1M into insurance products for local farmers
The government of Togo recently injected $1 million into a new sovereign insurance subscription for local farmers. The package covers the 2023-20...
Universal healthcare system: A delegation of ministers present the program across all five regions
A group of Togolese ministers is carrying out a nationwide communication campaign on the government’s universal healthcare (AMU). The campaign began o...
Eyewear startup Lapaire raises $3M to reach more African countries
Lapaire, an African eyewear startup present in Togo and five other African countries, recently raised $3 million to further expand across the con...
Davos Forum: Cina Lawson represents Togo
Togo's Minister for the Digital Economy and Digital Transformation, Cina Lawson, is in Davos, Switzerland. She takes part in the ongoing World Economi...
ECOWAS: EBID set to soon host key investment forum in Lomé
The ECOWAS Bank for Investment and Development (EBID) announced plans to soon host a major forum in Lomé, Togo. The Bank will give more details on the...
WAEMU Market: Togo launches its second issue for the year, targets CFA25 billion
Lomé will close its second annual issue on the regional money market, the WAEMU stock market, on January 22. Lomé just launched the operation, a simul...
Togo: U.S. Embassy launches a small grants program
The U.S. Embassy in Togo just launched its Public Diplomacy (PD) Small Grants Program. According to the Embassy’s notice announcing the funding progra...
Togo: Government expects boom in tax earning from patents this year
Togo expects its earnings from patent tax to rise by 92.4% in 2024, YoY. Also, the government expects an economic growth of 6.6%. While Lomé bas...
Togo: Inclusive Finance Fund loaned nearly CFA110 billion over the past decade
Over the past decade, Togo’s Inclusive Finance Fund, the Fonds National de la Finance Inclusive (FNFI) disbursed CFA109.83 billion. The figure covers...
Togo: Sokodé to host an art and culture festival next month
The city of Sokodé, located 341 km north of Lomé, will host an art and culture festival, the FACTEM, from February 14 to 18. The event is organized an...
Hospitality: Togolese government raises VAT back to pre-Covid level as sector recovers
In Togo, the value-added tax in the hospitality sector is back to 18%. The tax had been reduced to 10% during the Covid crisis. The government set the...
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