EDF, a diversified French energy firm, and BBOXX, a UK-based venture-based company focused on off-grid energy solutions in developing countries, have a strategic partnership initially aimed at a new program in Togo.
Togo Tender and Business News
Togo-based Ecobank, an independent pan-African banking group, has selected the finalists for its 2nd annual Ecobank Fintech Challenge, a competition for Africa-focused technology startups.
Togo-based Ecobank says Ethiopia, Kenya, Tanzania and Uganda, the economic powerhouses of East Africa, are going to continue to enjoy a period of significant economic growth in the near future.
The International Monetary Fund (IMF)'s Executive Board completed its review of the performance of Togo's economy, which was already under support by an Extended Credit Facility arrangement. Based on the review, the board has authorized disbursement of another SDR25.17 million (equivalent to US $35.5 million)
An $8 billion project to transform the landscape of Africa and restore drought-stricken areas has started and yet most of the world does not know of it. It is the Great Green Wall for the Sahara and Sahel Initiative, and involves the planting of a wall of trees over 7,600 kilometers long.
Ecobank, headquartered in Lome, Togo, and already with 5 million downloads for its mobile financial app, landed the Retail Banker International group's Best Digital Strategy award at a special ceremony recently held at the Waldorf Hilton Hotel in London.
Togo and Equatorial Guinea just approved a joint cooperation agreement to help increase trade in liquefied natural gas between the two countries.
MTN (MTN.com) of South Africa is partnering with Ecobank Transnational Incorporated (ETI) (Ecobank.com), a major African independent banking group based in Togo, to leverage each other’s assets that will ultimately offer more value to their respective customers across the continent.
Ecobank, the Pan African Bank headquartered in Togo, has brought on board a record 3 million new customers for its mobile app in only 6 months.
The British Council and Ynaija.com, a Nigerian news website and blog, announced the launching of the West Africa Arts Exchange (WAArtsExchange), a community of the talented artists from West Africa and arts lovers across the world.
The servicing arm of the Lebanese Credit Insurer (LCI), LCI Services, has expanded its Debt Collection Services to cover 11 new African markets to support clients in their regional growth and protect their trade receivables.
Ecobank participates in the Africa Tech Summit being held from 14 to 15 February in Kigali, Rwanda to discuss disruptive technology in Africa and describe banking & tech innovations that are helping individuals and businesses to meet the challenges.
The Ecobank Foundation has announced that it will be donating US$750,000 to the Ministry of Health in Mozambique to help combat malaria in the country.
As a part of the African Union (AU) initiative, the International Air Transport Association (IATA) has announced the launching of the Single African Air Transport Market (SAATM) with the goal of opening up Africa's skies and improving intra-African air connectivity.
Sweden has announced its investment of over SEK 800 million to the 'Strategy for Sweden'’s regional development cooperation in sub-Saharan Africa.
Nigeria-based MainOne won a 15-year contract to provide high-speed bandwidth services with the West and Central African Research and Education Network (WACREN) (www.WACREN.net).
The Regional Energy Co-Operation Summit 2018 coming up January 24-25 in Abidjan, Cote d'Ivoire, is finalizing its agenda.
Togo has received budget support from the African Development Bank in the amounts of UA 2.32 million (US $1.82 billion CFAF) and a second grant of UA 7.21 million. A third grant of UA 9.53 million was also granted, under the Agribusiness Promotion Support Program.
The West and Central Africa located Orabank Group, with operations in 12 countries and in four monetary zones, just opened a regional and international trading room in Lomé, Togo.
The practice of breast-flattening in order to minimize the risk of violence affects some 3.8 million women worldwide, including in 9 African countries. A massive educational campaign is underway to bring a stop to the extremely dangerous practice.
Mercury, a dangerous neurotoxin, has been known for a long time as one of the most toxic of chemicals used in medical care and in dentistry in particular. The international movement which led its banning in many developed countries has now moved to its latest frontier -- the developing world.
Confortis International Group just opened its display housing in the second Wellcity.O2 hub in the new town in Togo.
The West African Economic and Monetary Union (WAEMU), based in Burkina Faso and representing 8 member states, signed a $155 million package for the World Bank, The West African Development Bank and the West African regional mortgage refinance company (CRRH-UEMOA) to create affordable housing finance throughout the WAEMU region.
Ecobank, a pan-African bank based headquartered in Togo, has -- in partnership with Visa -- launched EcoBank Scan+Pay with mVisa solutions across 33 countries in Africa.
Togo and the United States are co-hosts for the African Growth and Opportunity Act (AGOA) Forum in Lome, Togo from August 8-10. With the Trump administration's tough talk about trade between the U.S. and all countries as a background, many eyes and ears will be on this year's forum to see if there is a substantial change in policy coming.