Finance News

Kaizer Chiefs – Francis Koné Has Not Been Kept! Straight to Dubai?

[Africa Top Sports]On trial for 2 weeks in Kaizer Chiefs, Francis Koné will not eventually be preserved by South African club. It is what announced PSL training considering that the player did not convinced enough the technical staff. The Togolese striker of 23 years is going to find another club.


Signing of a grant agreement between the World Bank and the Government of Togo

[B]The World Bank has approved an International Development Association (IDA) grant of 07 billion Francs CFA to Togo to fund the second phase of the Community Development and Safety Net Project (PDCplus). The signing of this agreement took place Thursday, April 12, 2012 in Lomé between the Togolese Minister of economy and finance, Adji Otèth […]


Soon a 5 star hotel in Lomé

[B]The official loan signature ceremony between the West African Development Bank (BOAD) and la Société hôtelière SODEXH-Togo took place on Tuesday at BOAD Headquarters in Lomé.[/B] 5 billion Francs CFA; is the amount of funds which will be made available to the Hotel Company SODEXH-Togo to build in 18 months a five-star hotel complex. The […]


The World Bank approved a credit to help Togo improve public finances and structural reforms

[B]Board of Directors on May 24, 2012, approved a credit amounting to US$14 million for Togo for the Fifth Economic Recovery and Governance Credit (ERGC-5).[/B] This operation provides general resources to government’s budget. The resources are provided in support of economic governance reforms initiated under the previous four grants allocated respectively in 2008, 2009, 2010, […]