Togo suspends mineral exploration licenses for legal overhaul
In a move to modernize its legal framework on natural resources, Togo has temporarily suspended the issuance of all new…
Category: Economy
Electricity tariffs surge in Togo amid soaring living costs
A recent increase in electricity tariffs in Togo — up to 30% — has sparked outrage from the Association Togolaise…
ECOWAS Parliament meets in Togo to address high airline ticket prices
The Economic Community of West African States (ECOWAS) Parliament has convened in Lomé for a five-day session aimed at tackling…
Nigerian National Defense College Delegation Visits Togo’s Revenue Office
A delegation from Nigeria’s National Defense College (NDC) visited the Togolese Revenue Office (OTR) on Wednesday as part of a…
British High Commissioner explores new trade partnerships with Togo
The Togolese head of State, Faure Essozimna Gnassingbé met with the British High Commissioner to Togo, Harriet Thompson, on Wednesday…
Une étude révèle les escroqueries en ligne les plus courantes lors du Black Friday.Restez à l’écoute !
Image de Pexels Le Black Friday arrive et, avec lui, les escroqueries en ligne. Si vous ne voulez pas avoir…
Togo becomes a full member of AIIB
Togo has officially become a full member of the Asian Infrastructure Investment Bank (AIIB). The membership was formalized during an…
ShafDB welcomes formation of Finance Caucus to drive continent’s housing agenda
The Financial Caucus of African Ministers of Housing and Urban Development will serve as a continental advocacy platform to prioritize…
Togo celebrates as ‘Made in Togo’ clothing exports to the USA commence
The Adetikopé Industrial Platform (PIA) has officially commenced the export of ‘Made in Togo’ clothing to the United States of America on Tuesday, October 10th. Togolese authorities are proudly hailing this new era.
Togo takes the helm of International Coffee Organization
Togo has assumed the presidency of the International Coffee Organization (ICO). Enselme Gouthon, Togo’s Secretary-General of the Coffee and Cocoa Sector Coordination Committee (CCFCC), was officially appointed during the 5th World Coffee Conference held in India last week.
Togo-Port of Lomé surges in global ranking despite traffic decline
Furthermore, Togo’s port remains the top-ranked in West Africa and retains its sub-regional leadership position. So far, PAL is surpassed by the Port of Durban in South Africa (79th globally), Port Said in Egypt (48th), and Tanger Med in Morocco (24th).
Togo Soja opens its first soybean processing plant
Established within the Adetikopé Industrial Platform (PIA), the local soybean processing plant known as ‘Togo Soja’ has announced the achievement of its first production milestone by processing 50,000 tonnes of conventional soybeans.
African Coffee Summit : Togo advocates for new Coffee paradigm
Uganda recently hosted the second summit of the Group of Twenty-Five African Coffee-Producing Countries (G25) from August 7th to 10th. Represented by the Minister of Trade, Industry, and Local Consumption, Kodjo Adedze, Togo actively participated in the event.
Togo-Josiane Kwenda appointed new country manager for IFC
The International Finance Corporation (IFC) has appointed Josiane Kwenda as the new manager for Togo, along with three other countries, namely Guinea, Côte d’Ivoire and Benin.
Togo-World Bank : Marie-Chantal Uwanyiligira appointed new director of operations
The World Bank (WB) has a new Director of Operations for Togo. Rwandan Marie-Chantal Uwanyiligira officially took office on July 1, replacing Coralie Gevers, in office since 2019.
Infra for Africa forum in full swing in Togo
The first ‘Infra For Africa’ forum coupled with the Africa50 General Assembly of Shareholders, kicked off on Monday, July 3, 2023 in Lomé, the capital of Togo.
Togo and Canada to strengthen their economic partnership
Togo and Canada reaffirmed their will on Thursday during a meeting in Ottawa between the Minister of Commerce, Kodjo Adedze and his Canadian counterpart, Mary Ng.
Togo at its first Commonwealth Trade Ministers Meeting
Almost a year after joining the Commonwealth Nations, Togo took part from June 5 to 6 2023, in the very first Meeting of Trade Ministers of the Organization since it became a member.
West African customs want interconnection of their IT systems
Since Monday, June 5, the Togolese capital has hosted a meeting to assess the interconnection of computer systems between West African customs. The five-day meeting which brings together West African customs administrations is part of the Transit Goods Interconnection and Management System (SIGMAT) project.
President Bio in Togo for a meeting on agriculture
The Togolese Head of State Faure Essozimna Gnassingbé, received Tuesday, May 30 in Lomé, his Sierra Leonean counterpart, Julius Maada Bio, who is in Togo as part of a regional meeting on agriculture.
Togo to hosts the first Forum Infra for Africa
Lomé, the Togolese capital will host from July 3, 2023, the first edition of Forum Infra for Africa and the General Assembly of shareholders of Africa50, the government announced on Friday.
Call to participate in a webinar on US funding for Togo’s private sector
U.S. agencies including the Millennium Challenge Corporation (MCC), from which Togo recently benefited an upgrade to Compact, are hosting a webinar on Wednesday on U.S. government financing for the private sector in Togo.
Togo to soon have an international standing shopping mall
The West African Development Bank or BOAD, approved last week, during the meeting of its Board of Directors, a disbursement of 5.137 billion FCFA (about 8.5 million USD) for the financing of a shopping mall in Lomé, the capital of Togo.
City Builder, a portal to help investors find opportunities in Togo
The Minister of Investment Promotion, Rose Kayi Mivedor has launched, a few days ago, a new internet portal to attract investment to Togo.
Togo-Focus on the visit of World Bank president David Malpass
David Malpass began his stay in Lomé on Friday March 31, 2023 with a meeting with the Prime Minister of Togo, Victoire Dogbé. A meeting, extended to members of the government, was organized on this occasion.
Togo-Traffic at the port of Lomé in growth
Over the past five years, the overall traffic at the only Togolese port, Autonomous Port of Lomé, has grown by 34.6%, increasing in particular from 22 million tonnes of goods in 2018 to 30 million in 2022.
Togo-Rabab Fatima assures Victoire Dogbe of UN-OHRLLS’ support
The Prime Minister of Togo, Victoire Dogbe met Ms. Rabab Fatima United Nations High Representative of the Least Developed States (UN-OHRLLS) as she attends the 5th Conference of LDC going on in Doha, Qatar.
Irregularities in the management of COVID-19 funds in Togo
Since last month, the report of the Court of Auditors on COVID-19 funds in Togo has been unveiled on the institution’s website and has been the subject of comments on social media, especially since it reveals irregularities in the management.
Togo-The number of ships at the Port of Lomé is increasing
In Togo, the number of ships inspected at the Autonomous Port of Lomé is growing. It rose from 432 in 2021 to 683 in 2022, an increase of 131.76%, the Togolese government announced on Friday.
Togo prepares to host Pan-African Poultry Conference
More than 300 participants are expected at the second Pan-African Poultry Conference that Togo will host from May 16 to 18, 2023. The event is co-organized by the Regional Center of Excellence on Avian Sciences and the World Poultry Science Association (WPSA).
Togo to host an international conference from January 19
The capital of Togo, Lomé will host from January 19 to 20, 2023, the International Conference on Financing (CILF). The event should bring together personalities from the African economy around the financing of businesses and major projects.
Togo Youth innovation week officially launched
The first Youth Innovation Week (Togo Youth innovation week) was officially launched on Tuesday December 13 in Lomé and the logo of the event is unveiled.
Togo-Towards the acceleration of the Abidjan-Lagos Corridor project
The ministers in charge of road infrastructure of Côte d’Ivoire, Ghana, Togo, Benin and Nigeria committed themselves during a meeting last week in Lomé, to accelerate the process of the development project of the highway of the Abidjan-Lagos corridor.
Kick-off of the 2nd edition of AFIS in Togo
The second annual summit of the Africa financial industry summit (AFIS) officially opened this Monday, November 28 in Lomé in the capital of Togo.
Togo is preparing to host the AFIS 2022 Summit
The Togolese capital is preparing to host the 2022 edition of the Africa Financial Industry Summit (AFIS) on November 28 and 29, 2022.
Togo hosts the Intermodal Africa 2022 Fair
The Togolese capital hosted Wednesday, November 23, the 28th Intermodal Africa 2022 Fair. The event aims to be a framework for the logistical integration of maritime, road, rail and air transport.
Togo to lead the International Coffee Organization in 2023
Togo will hold the presidency of the International Coffee Organization (ICO) from September 2023. The government announced this Thursday October 13, 2022.
Choiseul 2022 : Togolese again among African economic leaders
After being represented five times from 2014 and last year, Togo is once again represented in the selection of the Institut Choiseul, which annually identifies the African economic leaders of tomorrow
Togo and 16 other African countries to benefit from Chinese debt cancellation
China announced the cancellation of 23 interest-free loans granted to 17 African countries. Among the beneficiaries, we also find Togo, of which 24% of the total stock of its debt is Chinese, according to figures from a study published last June by Green Finance & Development Center.
Ivorian Fily Sissoko takes office as new World Bank Representative in Togo
Fily Sissoko, the new Resident representative of the World Bank in Togo, officially took office this week and was received on Tuesday by the Prime Minister, Victoire Dogbé. The Ivorian thus succeeds Hawa Cissé Wagué, who arrived at the end of her mission on July 1, 2022.
Togo seizes 40 tonnes of maize en route to Ghana
A control team from the Togolese Ministry of Commerce intercepted in the night of Wednesday to Thursday, in Aflao near the border with Ghana, a shipment of 40 tons of maize intended for export.
Togo-Suspension of the tax on vehicles
In Togo, the application of the tax on motor vehicles (TVM) is suspended as of April 11, 2022. The government announced on Monday.
Togo acquires new support from the World Bank
After the approval of an initial financing of $100 million (approximately FCFA 60 billion) intended to support inclusive growth, Togo will benefit from further support from the World Bank.
Togo pleads for debt cancellation and reallocation of SDRs
Togo took part on March 26 and 27 in the ministerial meeting of the eighth Tokyo International Conference on African Development (TICAD 8). Representing Togo, the SG of the Presidency, Sandra Johnson focused her intervention on sustainable growth, the effects of security and health crises on financing flows, domestic debt and resource mobilization in Africa.
Togo takes part in the 33rd plenary session of AFCAC
Togo is taking part in the meeting of African countries which is underway in Kigali, Rwanda, for the 33rd plenary session of the African Civil Aviation Commission (AFCAC).
Togo takes part in Durban trade fair
Togo has been taking part since Monday in the second edition of the intra-African trade fair in Durban, the government announced.
Togo hosts conference on African women in the maritime sector
The Togolese capital has been hosting the continental conference on women in the maritime sector since Monday. The event, which is in its 3rd edition, is co-organized by the Togolese Republic and the Association of Women in the Maritime Sector in Africa (WIMAFRICA).
Official visit of the Togolese Minister of Investment to Rwanda
The Togolese Investment Promotion Minister Rose Kayi Mivedor has been making an official visit to Rwanda since Monday.
Togo participates in the 5th international conference on taxation in Africa
Since Wednesday 03 November 2021, Togo has been taking part in the 5th international conference on African Tax Administration Forum (ATAF).
World Bank Vice-President Ousmane Diagana visits Togo
The World Bank Vice President for West and Central Africa Ousmane Diagana had been on an official visit to Togo since Wednesday.
Togo among the countries with the best budgetary responses to Covid-19
Togo is one of the 10 countries in sub-Saharan Africa that have provided a better budgetary and financial response to COVID-19, revealed the World Bank through its specialized magazine Africa’s Pulse
Vice-President of the World Bank, Ousmane Diagana, expected in Togo
The Vice-President of the World Bank for West and Central Africa, Ousmane Diagana will pay, from October 27, an official visit to Togo, announced the government.
Togo participates at World Investment Forum
Togo participated on Friday in the World Investment Forum organized by the United Nations Conference on Trade and Development (UNCTAD).
Togo takes part in the 3rd Turkey-Africa Economic and Business Forum
Togo represented by Minister of Commerce Kodjo Adedze takes part in the 3rd Turkey-Africa Economic Business Forum, opened Thursday in Istanbul.
Togo to create a packaging production plant
The Togolese authorities are considering the creation of a factory for production and marketing of packaging in the country, the government announced on Monday.
What Togo wants from Africa’s G20 partners
The third economic summit of the G20 Compact with Africa was held last Friday in Berlin, Germany. The summit was attended online by two Togolese Ministers.
Togo-The Port of Lomé is rebuilding its roads
“ The purpose of this rehabilitation is to ensure a good movement of people and goods, safety, security, and speed in the exit of goods, which will increase the visibility of the port platform and its competitiveness,” indicated the government.
Togo launches its website dedicated to investment in the country
The site, designed with the assistance of Unctad, provides exhaustive information on the business environment in Togo, and aims to support investors in accessing information, carrying out administrative procedures and facilitation of their installation.
Togo’s International Handicrafts Market to be soon reopened
Building on its inaugural success (more than 100,000 visitors, 160 exhibitors, 08 countries), the Market intends to continue in the same vein: nearly 300 stands are thus made available for exhibitors from around twenty countries, and at least 100,000 visitors are expected
Togo becomes shareholder in Africa Finance Corporation (AFC)
Togo will therefore be able to receive financial contributions in a wider range of sectors such as electricity, transport infrastructure, natural resources, heavy industries or telecommunications