First Independent Mena Newspaper
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 […]
Sunu Finance group has pulled out as main shareholder from Cote Ivoire’s trade and industry bank BICICI now controlled by a State-run consortium, “Sika Finance” reports. The holding has sold its 19.11 shares for $35.6 million to Abidjan-based Brandon & MCain Capital, an investment firm founded by Ahmed Cisse, the President of Côte d’Ivoire’s employers’ […]
Togo and Canada have expressed their keenness to increase trade between the two countries with a bilateral market estimated at $65.2 million in 2021. Mary NG, Canada Minister of Trade met in Ottawa with his Togolese counterpart Kodjo Adedze last week, the Togolese government announced Sunday. The administration of President Faure Gnassingbé said NG and […]
The West African Development Bank – BOAD- will invest around $50 million in road infrastructures in Niger, the President of the Togo-based financial institution, Serge Ekue, announced Thursday. “We have just been received by the President of the Republic and, as usual, we made an important point in the context of our activities”, Serge Ekue […]
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 […]
Morocco’s phosphates and fertilizers producer OCP said it plans to launch a feasibility study for the setting up of a phosphate-based fertilizers plant in Togo. A deal was signed by Togolese agriculture minister Antoine Kepka Gbebgeni and head of OCP Africa Mohamed Anouar Jamali. The plant is expected to be achieved in the medium term […]
Nigeria on Monday (22 May) commissioned the Dangote Refinery billed as Africa’s largest oil refinery, amid hopes of transforming the West African country into a net exporter of petroleum products, though doubts persist that securing crude supplies could delay achieving full production this year. The new refinery, owned by Africa’s riches man Aliko Dangote, was […]
Victoire Dogbé, Togo’s Premier set the tone for the preparations for the 9th Panafrican Congress to take place next year in capital Lome, the fourth time the summit is being held on the African soil. For the head of the executive, the congress should be an opportunity to “respond to the need to ensure historical […]
Togo’s parliament rubber-stamped the West African country’s move to become member of the Global Green Growth Institute (GGGI) in view of tapping into the support of the organization’s technical assistance. The lawmakers voted in favor of President Faure Gnassigbe administration’s bid to join the treaty-based international, inter-governmental organization dedicated to supporting and promoting strong, inclusive […]
Russia will help spur sports in Togo under a Memorandum of Understanding (MoU) in the field of sport education, inked this week. LidiBessi Kama, Togo’s Sports Minister and her Russian counterpart Oleg Matytsin inked the deal in Lome, Togo on April 25. The agreement will promote and intensify the exchange of programs, expertise and information […]