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NEWS - TOGO FIRST

Togo: Multilateral debt increases by almost 50% from 2019 to 2020. Economic governance - Due to the economic damage caused by Covid-19, Togo’s multilateral debt surged from CFA331 billion in 2019 to CFA478 billion at end-2020, a difference of TOGO FIRST - ACTUALITÉ ÉCONOMIQUE AU TOGO.TRANSLATE THIS PAGE Togo First - L'actualité de l'économie et de la gestion publique. Des informations utiles pour ceux qui veulent entreprendre ou investir

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Togo cuts single professional tax by 90%. In line with the 2021 finance bill, Togolese craftsmen and micro-entrepreneurs operating in the informal sector will pay only CFA20,000 for the single professional tax (TPU), under the declarative region. The tax which cost 300,000 in 2020 was cut by 93% for the current year. COTTON OUTPUT HALVED Cotton output halved. Agriculture. Friday, 21 May 2021 09:35. (Togo First) - Climatic hazards, poor seed quality, and the Covid-19 pandemic. These are the reasons that could explain, according to the New Cotton Company of Togo (NSCT) and the national cotton growers organization, the sharp drop in the 2020-2021 campaign, now ending. PIA WILL BE INAUGURATED ON JUNE 6, 2021 Investments. Wednesday, 26 May 2021 14:50. (Togo First) - Initially scheduled to be operational in January 2021, Adetikope’s Industrial Platform (PIA) will finally be inaugurated on June 6, ten months after the project was launched. The inauguration will be presided by President Faure Gnassingbé. The project, which cost more than CFA130 ASSEMBLY PASSES LAW TO PROTECT COASTLINE Assembly passes law to protect coastline. Public Management. Tuesday, 25 May 2021 16:37. (Togo First) - Last Thursday, the Togolese parliament voted a law to protect and valorize the coastline, in a context where it is endangered by natural and human factors. The law, deputies said, aims to sustain environmental balance, slow erosion,

preserve

AN OVERVIEW OF AGRICULTURE IN TOGO: PRESENT AND FUTURE An overview of agriculture in Togo: present and future (Togo First) - Agriculture contributes more than 40% of Togo’s GDP and employs nearly 65% of its active population. Also, arable lands expand over 3.6 million hectares, which is 60% of the Togolese territory. Out of this area, 1.4 million hectares or 41% of the total area are sown. HAPLUCIA SEEKS CONSULTANTS TO DRAW ITS ANTI-CORRUPTION Economic governance. Wednesday, 13 January 2021 17:07. (Togo First) - The High Authority for the Prevention and Fight against Corruption and Related Offenses (Haplucia) launched a call for proposals to recruit three consultants to draw the national strategy to prevent and fight corruption and related offenses. The document will improve the PROF KAKO NUBUKPO APPORTE DES PRÉCISIONS SUR LES …TRANSLATE THIS

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Prof Kako Nubukpo apporte des précisions sur les Etats Généraux de l’Eco. Gouvernance économique. mardi, 06 avril 2021 12:59. (Togo First) - Annoncés pour fin avril 2020, les états généraux de l’Eco, future monnaie unique de la Cedeao devraient finalement se tenir du 26 au 28 mai prochain dans la capitale togolaise, plus LE TOGO LANCE PIA, SA PREMIÈRE ZONE INDUSTRIELLE …TRANSLATE THIS

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preserve

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Le Togo lance PIA, sa première zone industrielle intégrée. (Togo First) - Moins d’un an après le démarrage de ses travaux, la toute première plateforme industrielle, PIA a été inaugurée ce dimanche, lors d’une cérémonie présidée par le Chef de l’Etat togolais Faure Essozimna Gnassingbé. Implantée sur près de 400 hectares ECONOMY - TOGO FIRST The African Guarantee Fund (AGF) has secured $33 million from the German development bank, KfW. The facility will mostly be used US RANKS TOGO AS ONE OF THE SAFEST TRAVEL DESTINATIONS FOR (Togo First) - Two weeks after the UK did, the US has also relaxed travel conditions to Togo. The economic powerhouse recently ranked the West African nation one of the safest countries in the world for its citizens and other travelers, relative to the risk of Covid-19

infection.

TOGO INAUGURATES ITS FIRST INTEGRATED INDUSTRIAL PLATFORM REFORMS OVERVIEW . STARTING A BUSINESS (). At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms.. ENFORCING CONTRACTS (). Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo STATE ANNOUNCES A CFA1 BILLION PROJECT TO SECURE MORE 11 hours ago · REFORMS OVERVIEW . STARTING A BUSINESS (). At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms.. ENFORCING CONTRACTS (). Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo TOGO: PRICES OF PETROLEUM PRODUCTS ON THE RISE AS GLOBAL 11 hours ago · REFORMS OVERVIEW . STARTING A BUSINESS (). At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms.. ENFORCING CONTRACTS (). Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo BEE FARMING: HONEY AND WAX OUTPUT GREW SIGNIFICANTLY IN 11 hours ago · In 2019, Togo produced 59,833 L of honey, 58.6% more than it did in 2018, that is 37,727 L. The figures were disclosed last

Wednesday by the

STATE SPENT CFA13 BILLION TO SUBSIDIZE PETROLEUM PRODUCTS 10 hours ago · More than CFA13 billion. That is how much the Togolese State spent on subsidies to petroleum products between January 2019 and May 31, 2021. This was disclosed on Friday by the minister of trade, Kodjo Adedze. TOGO: OLAM COMMITS TO RAMPING UP COTTON OUTPUT THIS SEASON REFORMS OVERVIEW . STARTING A BUSINESS (). At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms.. ENFORCING CONTRACTS (). Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo HOW MUCH DOES THE MARITIME SECTOR CONTRIBUTE TO THE REFORMS OVERVIEW . STARTING A BUSINESS (). At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms.. ENFORCING CONTRACTS (). Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo AFRICAN GUARANTEE FUND WANTS TO HELP CREATE 50,000 JOBS 1 day ago · REFORMS OVERVIEW . STARTING A BUSINESS (). At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms.. ENFORCING CONTRACTS (). Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo TOGO FIRST - ACTUALITÉ ÉCONOMIQUE AU TOGO.TRANSLATE THIS PAGE Togo First - L'actualité de l'économie et de la gestion publique. Des informations utiles pour ceux qui veulent entreprendre ou investir

au Togo.

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Togo cuts single professional tax by 90%. In line with the 2021 finance bill, Togolese craftsmen and micro-entrepreneurs operating in the informal sector will pay only CFA20,000 for the single professional tax (TPU), under the declarative region. The tax which cost 300,000 in 2020 was cut by 93% for the current year. PIA WILL BE INAUGURATED ON JUNE 6, 2021 Investments. Wednesday, 26 May 2021 14:50. (Togo First) - Initially scheduled to be operational in January 2021, Adetikope’s Industrial Platform (PIA) will finally be inaugurated on June 6, ten months after the project was launched. The inauguration will be presided by President Faure Gnassingbé. The project, which cost more than CFA130 COTTON OUTPUT HALVED Cotton output halved. Agriculture. Friday, 21 May 2021 09:35. (Togo First) - Climatic hazards, poor seed quality, and the Covid-19 pandemic. These are the reasons that could explain, according to the New Cotton Company of Togo (NSCT) and the national cotton growers organization, the sharp drop in the 2020-2021 campaign, now ending. AN OVERVIEW OF AGRICULTURE IN TOGO: PRESENT AND FUTURE An overview of agriculture in Togo: present and future (Togo First) - Agriculture contributes more than 40% of Togo’s GDP and employs nearly 65% of its active population. Also, arable lands expand over 3.6 million hectares, which is 60% of the Togolese territory. Out of this area, 1.4 million hectares or 41% of the total area are sown. COVID-19: TOGOLESE GOVERNMENT DEVELOPS APP TO TRACE Transport. Monday, 13 July 2020 12:43. (Togo First) - To further mitigate the risk of Covid-19 spreading in the country through travelers, the Togolese government has enforced the use of the “Togo Safe” contact tracing app upon their arrival. They must keep the tool active throughout their stay or at least for 30 days, starting

from the day

TOGO’S PHOSPHATE OUTPUT IN 2019 STOOD AT NEARLY 800,000 T Mining. Tuesday, 07 July 2020 16:13. (Togo First) - In 2019, Togo produced nearly 800,000 tons of phosphate (799,775 t), according to data gathered by the Central Bank of West African States (BCEAO). The volume, the apex lender said, is 21.5% lower LIQUID TELECOM LANDS XOF3 BILLION DEAL TO MANAGE CARRIER Liquid Telecom lands XOF3 billion deal to manage Carrier Hotel data center in Togo. Telecom. Wednesday, 18 March 2020 12:01. (Togo First) - Liquid Telecom, the pan-African internet service provider, will manage the Carrier Hotel as well as the internet exchange point. The firm has made an offer of XOF2.9 billion, excluding VAT, for the

project

HAPLUCIA SEEKS CONSULTANTS TO DRAW ITS ANTI-CORRUPTION Economic governance. Wednesday, 13 January 2021 17:07. (Togo First) - The High Authority for the Prevention and Fight against Corruption and Related Offenses (Haplucia) launched a call for proposals to recruit three consultants to draw the national strategy to prevent and fight corruption and related offenses. The document will improve the TOGO: MOBILE MONEY DRIVES FINANCIAL INCLUSION ACCORDING TO Wednesday, 25 April 2018 18:26. (Togo First) - In World Bank’s latest Global Findex released April 19, it is shown that Togo has made considerable improvements in 2014-2017. Under the sub-Saharan Africa category, Togo indeed, over the period, recorded the financial inclusion rate, ahead of countries like Côte d’Ivoire, Madagascar,

Chad or

TOGO FIRST - ACTUALITÉ ÉCONOMIQUE AU TOGO.TRANSLATE THIS PAGE Togo First - L'actualité de l'économie et de la gestion publique. Des informations utiles pour ceux qui veulent entreprendre ou investir

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Togo cuts single professional tax by 90%. In line with the 2021 finance bill, Togolese craftsmen and micro-entrepreneurs operating in the informal sector will pay only CFA20,000 for the single professional tax (TPU), under the declarative region. The tax which cost 300,000 in 2020 was cut by 93% for the current year. PIA WILL BE INAUGURATED ON JUNE 6, 2021 Investments. Wednesday, 26 May 2021 14:50. (Togo First) - Initially scheduled to be operational in January 2021, Adetikope’s Industrial Platform (PIA) will finally be inaugurated on June 6, ten months after the project was launched. The inauguration will be presided by President Faure Gnassingbé. The project, which cost more than CFA130 COTTON OUTPUT HALVED Cotton output halved. Agriculture. Friday, 21 May 2021 09:35. (Togo First) - Climatic hazards, poor seed quality, and the Covid-19 pandemic. These are the reasons that could explain, according to the New Cotton Company of Togo (NSCT) and the national cotton growers organization, the sharp drop in the 2020-2021 campaign, now ending. AN OVERVIEW OF AGRICULTURE IN TOGO: PRESENT AND FUTURE An overview of agriculture in Togo: present and future (Togo First) - Agriculture contributes more than 40% of Togo’s GDP and employs nearly 65% of its active population. Also, arable lands expand over 3.6 million hectares, which is 60% of the Togolese territory. Out of this area, 1.4 million hectares or 41% of the total area are sown. COVID-19: TOGOLESE GOVERNMENT DEVELOPS APP TO TRACE Transport. Monday, 13 July 2020 12:43. (Togo First) - To further mitigate the risk of Covid-19 spreading in the country through travelers, the Togolese government has enforced the use of the “Togo Safe” contact tracing app upon their arrival. They must keep the tool active throughout their stay or at least for 30 days, starting

from the day

project

Chad or

TOGO FIRST

Solar solution provider Bboxx just launched a new product: bPower20. The product, designed for rural households and energy-efficient microenterprises, would first be deployed in Togo, Rwanda, Kenya, and the Democratic Republic of Congo - all markets where the firm

operates.

TOGO LAUNCHES WORKS FOR A MAJOR INDUSTRIAL PROJECT IN Wednesday, 26 August 2020 10:18. (Togo First) - Works for the Adetikope industrial zone have started. The project, steered by ARISE IIP, covers 400 ha of land and is situated 27km from the port of Lomé. The industrial platform will enable investors to build factories that will process local products in situ. It will include

700-truck parking

TOGO SEEKS CFA25 BILLION ON THE REGIONAL FINANCE MARKET 1 day ago · REFORMS OVERVIEW . STARTING A BUSINESS (). At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms.. ENFORCING CONTRACTS (). Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo TOGO INAUGURATES ITS FIRST INTEGRATED INDUSTRIAL PLATFORM REFORMS OVERVIEW . STARTING A BUSINESS (). At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms.. ENFORCING CONTRACTS (). Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo US RANKS TOGO AS ONE OF THE SAFEST TRAVEL DESTINATIONS FOR 1 day ago · (Togo First) - Two weeks after the UK did, the US has also relaxed travel conditions to Togo. The economic powerhouse recently ranked the West African nation one of the safest countries in the world for its citizens and other travelers, relative to the risk of Covid-19 infection. BANK LOANS TO NON-RESIDENTS ROSE 39% FROM 2019 TO 2020 Between 2019 and 2020, loans given to non-residents by banks in Togo swelled by CFA317 billion, from CFA800 billion to CFA118.3 billion.

The increase

HOW MUCH DOES THE MARITIME SECTOR CONTRIBUTE TO THE 1 day ago · REFORMS OVERVIEW . STARTING A BUSINESS (). At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms.. ENFORCING CONTRACTS (). Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo OTR TO UNDERTAKE GEOLOCALIZED CENSUS SOON 1 day ago · REFORMS OVERVIEW . STARTING A BUSINESS (). At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms.. ENFORCING CONTRACTS (). Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo AFRICAN GUARANTEE FUND WANTS TO HELP CREATE 50,000 JOBS 4 hours ago · REFORMS OVERVIEW . STARTING A BUSINESS (). At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms.. ENFORCING CONTRACTS (). Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo TOGO COULD EARN ABOUT CFA670 MLN FROM BUSINESSES THAT USE REFORMS OVERVIEW . STARTING A BUSINESS (). At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms.. ENFORCING CONTRACTS (). Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo

NEWS - TOGO FIRST

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Togo cuts single professional tax by 90%. In line with the 2021 finance bill, Togolese craftsmen and micro-entrepreneurs operating in the informal sector will pay only CFA20,000 for the single professional tax (TPU), under the declarative region. The tax which cost 300,000 in 2020 was cut by 93% for the current year. PIA WILL BE INAUGURATED ON JUNE 6, 2021 Investments. Wednesday, 26 May 2021 14:50. (Togo First) - Initially scheduled to be operational in January 2021, Adetikope’s Industrial Platform (PIA) will finally be inaugurated on June 6, ten months after the project was launched. The inauguration will be presided by President Faure Gnassingbé. The project, which cost more than CFA130 COTTON OUTPUT HALVED Cotton output halved. Agriculture. Friday, 21 May 2021 09:35. (Togo First) - Climatic hazards, poor seed quality, and the Covid-19 pandemic. These are the reasons that could explain, according to the New Cotton Company of Togo (NSCT) and the national cotton growers organization, the sharp drop in the 2020-2021 campaign, now ending. ASSEMBLY PASSES LAW TO PROTECT COASTLINE Assembly passes law to protect coastline. Public Management. Tuesday, 25 May 2021 16:37. (Togo First) - Last Thursday, the Togolese parliament voted a law to protect and valorize the coastline, in a context where it is endangered by natural and human factors. The law, deputies said, aims to sustain environmental balance, slow erosion,

preserve

LIQUID TELECOM LANDS XOF3 BILLION DEAL TO MANAGE CARRIER Liquid Telecom lands XOF3 billion deal to manage Carrier Hotel data center in Togo. Telecom. Wednesday, 18 March 2020 12:01. (Togo First) - Liquid Telecom, the pan-African internet service provider, will manage the Carrier Hotel as well as the internet exchange point. The firm has made an offer of XOF2.9 billion, excluding VAT, for the

project

CRRH-UEMOA INCREASES ITS CAPITAL BY CFA200 MILLION CRRH-UEMOA increases its capital by CFA200 million. Finance. Thursday, 15 April 2021 15:09. (Togo First) - The Regional Fund for Mortgage Refinancing of the WAEMU (CRRH-UEMOA) increased its capital to CFA9.888 billion, from CFA9.688 billion. To this end, the Lomé-based institution-issued 20,000 new shares having a nominal value of

CFA10,000 each.

IN 2018, THE NUMBER OF MOBILE SUBSCRIPTIONS AND INTERNET REFORMS OVERVIEW . STARTING A BUSINESS (). At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms.. ENFORCING CONTRACTS (). Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo TOGO : UNE USINE DE FABRICATION DE PRODUITS …TRANSLATE THIS PAGE (Togo First) - C’est à Tsévié (environ 37 km de Lomé), dans la préfecture de Zio, que se situe la toute nouvelle usine, spécialisée dans la production de produits plastiques du Togo.

NEWS - TOGO FIRST

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Togo cuts single professional tax by 90%. In line with the 2021 finance bill, Togolese craftsmen and micro-entrepreneurs operating in the informal sector will pay only CFA20,000 for the single professional tax (TPU), under the declarative region. The tax which cost 300,000 in 2020 was cut by 93% for the current year. PIA WILL BE INAUGURATED ON JUNE 6, 2021 Investments. Wednesday, 26 May 2021 14:50. (Togo First) - Initially scheduled to be operational in January 2021, Adetikope’s Industrial Platform (PIA) will finally be inaugurated on June 6, ten months after the project was launched. The inauguration will be presided by President Faure Gnassingbé. The project, which cost more than CFA130 COTTON OUTPUT HALVED Cotton output halved. Agriculture. Friday, 21 May 2021 09:35. (Togo First) - Climatic hazards, poor seed quality, and the Covid-19 pandemic. These are the reasons that could explain, according to the New Cotton Company of Togo (NSCT) and the national cotton growers organization, the sharp drop in the 2020-2021 campaign, now ending. ASSEMBLY PASSES LAW TO PROTECT COASTLINE Assembly passes law to protect coastline. Public Management. Tuesday, 25 May 2021 16:37. (Togo First) - Last Thursday, the Togolese parliament voted a law to protect and valorize the coastline, in a context where it is endangered by natural and human factors. The law, deputies said, aims to sustain environmental balance, slow erosion,

preserve

project

CFA10,000 each.

2015 and 2017.

TOGO’S PHOSPHATE OUTPUT SOARED 87% IN 2020 (Togo First) - From about 700,000 t in 2019, Togo’s phosphate production almost doubled to over 1.3 million t in 2020. This is an 87% increase according to latest data from the Central Bank of West African States (BCEAO). TOGO INAUGURATES ITS FIRST INTEGRATED INDUSTRIAL PLATFORM 23 hours ago · REFORMS OVERVIEW . STARTING A BUSINESS (). At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms.. ENFORCING CONTRACTS (). Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo

INVESTMENTS

Togo’s government will invest FCFA63 billion in the creation of its first agropole in the Kara basin, Northern Togo. The TOGO-TURKEY: ROBERT DUSSEY ANNOUNCES UPCOMING BUSINESS REFORMS OVERVIEW . STARTING A BUSINESS (). At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms.. ENFORCING CONTRACTS (). Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo FAURE GNASSINGBÉ INAUGURATES LOMÉ DATA CENTRE, TOGO’S 22 hours ago · REFORMS OVERVIEW . STARTING A BUSINESS (). At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms.. ENFORCING CONTRACTS (). Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo ASSEMBLY PASSES LAW TO PROTECT COASTLINE Assembly passes law to protect coastline. Public Management. Tuesday, 25 May 2021 16:37. (Togo First) - Last Thursday, the Togolese parliament voted a law to protect and valorize the coastline, in a context where it is endangered by natural and human factors. The law, deputies said, aims to sustain environmental balance, slow erosion,

preserve

TOGO: GOVERNMENT PUTS IN PLACE COMMITTEE TO STEER 22 hours ago · REFORMS OVERVIEW . STARTING A BUSINESS (). At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms.. ENFORCING CONTRACTS (). Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo TOGO COULD EARN ABOUT CFA670 MLN FROM BUSINESSES THAT USE 3 hours ago · REFORMS OVERVIEW . STARTING A BUSINESS (). At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms.. ENFORCING CONTRACTS (). Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo TURKISH-TOGOLESE ECONOMIC DAYS TO FOLLOW BUSINESS FORUM IN 12 hours ago · REFORMS OVERVIEW . STARTING A BUSINESS (). At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms.. ENFORCING CONTRACTS (). Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo

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WAEMU commission launches a contest for startups in the region Public Management - Tremplin UEMOA Startup 2020 is the name of the contest recently launched by the WAEMU commission for young entrepreneurs active in Togo, Benin, Burkina... Parliament reviews draft finance bill for 2021 Economic governance - The parliament is reviewing the draft finance bill for 2021. The latter projects expenditures and income at CFA 1,521.6 billion, thus 7.1% less than this... ARCEP demands explanation for new call-tariffs of Togocel and Moov Telecom - There is a new twist in the dispute between the telecom and posts regulator (ARCEP) and the Togocel-Moov duopoly. After being cautioned by the regulator... German-Togolese consultations are ongoing in Lomé Economic governance - The 4th round of the German-Togolese Consultations opened in Lomé yesterday, November 23rd. The two-day meeting brings together Togolese officials... Last year, over 200,000 jobs were created in the agricultural sector Agriculture - Agriculture, which contributes nearly 40% to Togo’s GDP, is the country’s largest employer. In 2019, 222,698 jobs were generated in the sector - 199,018... Moov changes tariffs after warning from regulator Telecom - In Togo, mobile operator Moov readjusted its tariffs, after the regulator -ARCEP - warned it and Togocom against unfair tariffication for on-network and... Togocel secures approval to test 5G Telecom - Togocel has obtained the authorities’ approval to test the 5G. The firm, the country’s leading mobile operator, is thus the first to get this green light... PNPER to provide seedlings to 5,000 poor households Agriculture - In Togo, around 5,000 poor farming households will receive 65,000 kg of rice and maize seedlings from the National Project for the Promotion of Rural... Togo: Which companies are owned by the State ? Economy - In Togo, the State’s shares in public and semi-public companies were valued at CFA103 billion in 2019. Despite exiting the shareholding of many... National Administration School (ENA) gets CFA300 million from UNDP Training - Taking a leaf out of the book of the universities of Lomé and Kara, the national administration school (ENA) started its digital transition. It will... The government wants to boost cooperation with the private sector under its current five-year development roadmap Economic governance - To strengthen cooperation with the private sector, the Togolese State plans a survey to “take stock of the needs and wishes of business actors who want to... Togo is one of the most secure and safe countries in Africa (Mo

Ibrahim Foundation)

Economic governance - Despite an overall “concerning” slowdown in the region, Togo has progressed in terms of good governance in the past 10 years. The country ranked 25th on... Togo to commit CFA3.14 billion to tackle road accidents Transport - To reduce accidents in the country, the Togolese government will dedicate about CFA3.14 billion to a plan of key actions to be implemented over two years.... World Bank disbursed 37% of funds it projected to provide Togo last

year

Investments - The World Bank disbursed 37% of the funds it planned to provide Togo in the previous fiscal year (July 2019-June 2020). This is “one of the best... 33% of Togo’s arable lands mapped under key project Agriculture - In Togo, nearly two million hectares of land were analyzed to draw a soil fertility map. The latter is aimed at enabling farmers to be better informed... Togocel and Moov generated a combined turnover of CFA159 billion in

2019

Telecom - In 2019, Togocel and Moov generated CFA159.5 billion of revenues. The figure, up by 9 billion (+6%) compared to 2018, was disclosed in a report published... ECOWAS to put in place a $520mln credit line to develop fertilizer industry in West Africa Agriculture - ECOWAS plans to support the private fertilizer sector in West Africa, through its investment and development bank, the EBID.

Talks were held...

ECOWAS deputies to soon close the meeting on e-learning in Lomé Education - Last Tuesday, ECOWAS experts and deputies commenced a five-day meeting to promote e-learning in the region. The theme of the event is “ECOWAS in... Togo: A fund has been launched to boost the resilience of local

businesses

Economic governance - Fifty (50) micro, small, and medium enterprises (MSMEs) active in Togo will receive $350,000 to face the severe impacts of the Covid-19. The...

REFORMS OVERVIEW

STARTING A BUSINESS (_more info_

)

At the fifteenth position, worldwide, and first in Africa, under the STARTING A BUSINESS index of the 2020 Doing Business ranking, Togo sustains its REFORMATIVE DYNAMICS with more reforms…. ENFORCING CONTRACTS (_more info_

)

Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo, leveraging many efforts to improve its business climate, was able to jump significantly on the index in the recent years... . CONTRACT EXECUTION (_more info_

)

Creation of special chambers of commerce for small debts • Creation of chambers of commerce at the Court of Appeal • Civil and commercial cases now handled by distinct clerks • Establishment of commercial courts in Lomé and Kara • Lawyers and bailiffs now have access to the FORSETI COMMERCIAL platform • A maximum period of 100 days was fixed to settle a commercial dispute . TRADING ACROSS BORDERS (_more info_

)

In comparison to previous years,Togo has significantly improved its ranking under the_“Trading across borders”_ indicator by adopting multiple reforms that focus mainly on the digitization and reduction in delays, for import and export procedures related to import and

export.

In comparison to previous years, Togo has significantly improved its ranking on the _“Trading across borders”_ index by adopting multiple reforms that focus mainly on the digitalization and reduction in delays, for import and export procedures related to import and

export.

CONSTRUCTION PERMIT (_more info_

)

After moving from the 133rd to 127th place under the 2020 Doing Business’ construction permit index, Togo intends to reiterate this feat in the coming edition of the global ranking. To this end, it has introduced this year multiple reforms. GETTING ELECTRICITY (_more info_

)

Over the past two years, Togo’s ranking under the Doing Business’ Getting electricity and water indicator has increased consistently. Owing this performance to multiple reforms aimed at making it easier for businesses to access power and water, Lomé plans to introduce even more reforms this year to keep up its improvements. REGISTERING A PROPERTY (_more info_

)

Out of all the 'Doing Business’ indicators, Property Registration is where Togo has improved the most since 2018. Indeed, after spending years in the lowest part of this ranking, the country now seeks to beat Rwanda which is the best performer on this index in Africa. To do so, Lomé has been introducing many reforms, with the latest batch implemented this year. PUBLIC PROCUREMENT (_more info_

)

From professionalization to digitization, through legislative regulations, Togo’s public procurement framework is constantly being modernized. Several reforms have been implemented to improve the sector much to the benefit of the private sector, which is the focus of the National Development Plan. PAYING TAXES AND DUTIES (_more info_

)

To improve its business environment, Togo introduced some important reforms related to the payment of tax and duties. From the replacement of some taxes to the cancellation of others through exemptions, the country has only one objective: offer the most attractive tax framework to investors and economic operators. To achieve this, the authorities relied on digitization.

ENTREPRENEURS

Gozem considers starting operations in another town, in addition to

Lomé

Togolese women among Top 50 finalists for the 2019 Africa Netpreneur

Prize

Cameroon's Bellomar Learning expands to Togo Togo: Local startup New Road Company reveals its made in Togo chocolate drink, Choco Noor Nigerian mobility startup Max.ng raised $7M to expand across 10 West

African cities

Champiso startup in talks with MIFA in the framework of its industrialization strategy

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Togo scores 29 points in the 2019 Transparency International Corruption index, one point less than in 2018 Togo gains 18 places in the 2020 economic freedom index Togo is one of the most secure and safe countries in Africa (Mo

Ibrahim Foundation)

Togo to commit CFA3.14 billion to tackle road accidents Togo: A fund has been launched to boost the resilience of local

businesses

1 MONTH

Togo scores 29 points in the 2019 Transparency International Corruption index, one point less than in 2018 Togo gains 18 places in the 2020 economic freedom index AFD disburses XOF3 billion to expand health insurance coverage across

WAEMU

Cina Lawson among keynote speakers for the 2020 Africa Fintech Summit Fintech: Semoa reaches a new milestone in transactions volume

TOGOFIRST

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Others

Lomé-Kpalimé road is 15% complete in five months of work Togo bans poultry imports from six countries Moov and Togocel get warned by the telecom regulator Potential for leasing valued at CFA116 billion in Togo Togo launches its second issue on the regional market in Q4 2020 Togo: Government allocates CFA25.5bn for the digital economy under 2021 provisional budget Government to undertake massive investment in the agricultural sector Private sector to soon support the government in major school infrastructure projects Actors of the shea sector in Togo work on a national development strategy for the sector Rehabilitation works at the Lomé-Vogan-Anfoin road are 88% complete US embassy injects $250,000 into the decentralization project DB 2021 will be released in a few weeks - Sandra Ablamba Johnson Nunya Lab opens registration to incubate new batch of entrepreneurs Togo to accelerate the implementation of the MCC threshold program MCC 2021: Togo, second-best reformer in Africa The Ministry of trade and local consumption launches contest to boost consumption of local goods A new minister has been appointed to steer investment promotion in

Togo

Government and Moov-Togo donate IT equipment to LETP high school in

Lomé

BOAD and ABREC looking to partner to boost renewable energy development in West Africa Regional integration: WAEMU Commission reviews reform implementation in Togo and other states BBOXX seeks a managing director in Togo Togolese Phillippe Tchodie becomes President of African Tax Administration Forum (ATAF) Backed by PAIEJ-SP, a cassava processing plant is being set up in

Atakpamé

Government takes new steps against corruption Togolese revenue office offers a major discount on goods and vehicle

clearance

EU and Germany support the ECOWAS States in the fight against

cybercrime

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