Business Finance Headlines

AfDB, Lome-based BOAD ink €70m deal to support the private sector in 8 West African countries

The African Development Bank (AfDB) announced Tuesday December 12 an agreement with the Lome-based West African Development Bank (BOAD), a line of credit agreement of €70 million to bolster the regional bank’s support to the private sector in the West African Economic and Monetary Union (WAEMU). The agreement, AfDB notes, was signed in Lomé on […]

Business Emerging Markets Headlines

Togo, Benin slash telecommunication charges

Togo and Benin have inked an agreement cutting significantly telecommunication costs including roaming and internet between the two countries. The agreement signed between ARCEP Benin and ARCEP Togo, the two regulators, will take effect on January 01 2024. Per the deal known as “Protocol d’Accord de Free Roaming entre le Togo et le Benin, and […]

Business Emerging Markets Energy Features Headlines

Africa50 signs MoU with International Solar Alliance in a Lome meeting

Africa50, an infrastructure investment platform that contributes to Africa’s growth by developing and investing in bankable projects, signed Monday in the Togolese capital of Lome, a Memorandum of Understanding (MoU) with the International Solar Alliance (ISA) to support and finance solar projects in Africa. The deal, Africa50 notes, advances the organizations’ mutual goal of increasing […]

Africa Business Emerging Markets Features Headlines International

Sahel and West Africa committed to invest in fertilizers for agri transformation

West African leaders have affirmed their commitment to accelerate investments and reforms to make fertilizers more accessible and affordable during the recent high-level roundtable jointly organized by the World Bank, and the Economic Community of West African States (ECOWAS) and the Togolese government. During the event (31 May), held in Togo’s capital, Lome, industry leaders […]

Africa International

Côte d’Ivoire fumes as Mali requests extradition of political figures in exchange of arrested soldiers

Côte d’Ivoire authorities have accused their Malian counterparts of hostage-taking after Malian leader colonel Assimi Goita tied the release of Ivorian soldiers to the handover of people who have been on its territory since 2013 and who are wanted in Mali. “No release of Ivorian soldiers without extradition of Malian politicians in return,” Goita said […]

Africa International

Lome-based Asky acquires new aircraft to beef up the fleet

Asky, a panafrican airline operating from the Togolese capital Lome, added a Boeing 737 to its fleet bringing its fleet to 12 aircrafts. “This modern aircraft will be used to improve connectivity, increase frequencies and open new routes throughout the region,” the airline said in a statement. The company, aged 12 and has Ethiopian Airways […]

Lifestyle Technology

Plan for quality health care in Africa approved at top WTO meeting in Togo

African health ministers attending the World Health Organization’s (WHO) 72nd Regional Committee for Africa — a top annual health gathering in the region — in Togo’s capital Lome have approved an eight-year strategy aimed at curbing disease and responding quickly to health emergencies. After a week of discussions about some of Africa’s most pressing health […]