Finance

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 […]

Finance

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 […]

Finance

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, […]

Finance

ECOBANK Account for the African Diaspora

ECOBANK

An account specifically designed for all African who live and work outside their home country – This is the latest addition to the pan-African bank which was launched this Saturday 4th February, 2012 in Lomé by the CEO of ECOBANK Didier Alexandre Correa.