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Africa Business News

Togo Tender and Business News

IMF Board Completes Togo Economic Review, Authorizes Additional Funding

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)

MTN and EcoBank Announce Partnership To Deepen Financial Inclusion

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 Fintech To Boost Financial Inclusion Across Africa

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.

IATA Launches Single African Air Transport Market Push

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.

AfDB Provides Multiple Grants to Support Economic Growth in Togo

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.

Mercury-Free Dentistry Movement Takes On Africa As Its Next Target

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.

West African States Land $155M Funding for Affordable Housing Financing

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.

African Growth and Opportunity Act Forum Puts U.S.-Africa Trade Policy in Focus

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.

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