Togo Roundup: Investments, bilateral ties, football

Source: https://www.republicoftogo.com/toutes-les-rubriques/eco-finance/inde-des-investissements-de-245-millions-de-dollars

Bilateral cooperation

Togo has in collaboration with Czech Republic, inaugurated an honorary consulate in Lomé. According to an announcement from government on December 19, Honorary Consul appointed by the Togolese government, Oukpedjo Abdou Saïd will oversee the enhancement of commercial, economic, sociocultural and scientific ties between both countries. The Consul will also have to safeguard the interest of Czech nationals in Togo according to Icilome.

Food production

The United Nations Food and Agriculture Program led by the FAO has launched the OCOP programme in Togo to boost the rice sector in the country. The program which was launched on December 18 in Lomé will support green production, green processing and green marketing while strengthening technical and organisational capacities of actors in the sector. The Togolese State intends to improve food and nutritional security of its nationals through rice production according to local news outlet Alome.

Environmental protection

Togolese government has adopted a bill aimed at revising the environmental framework law in force since 2008. This is in line with the country’s desire to align with global environmental standards. The revision, according to Togoweb, will provide the country with appropriate legal instruments and limit the negative impact of socio-economic activities on the environment.

Employment and investment

India has invested some 245 million dollars into Togo’s economy and created about 3,000 permanent jobs, according to Indian Ambassador Sanjiv Tandon. During a meeting with representatives of Indian Companies based in Togo, the Indian ambassador indicated that Togo offers a favourable framework for investment. “My Department is here to serve as a partner, to facilitate a smooth investment process beyond the completion of projects and into the operation of Indian businesses,” Manuelle Santos, Minister of Investment Promotion was quoted by the state website.

Togo hosts Algeria for friendly matches

Togo will host Algeria as they train for the CAN 2023 Africa Cup of Nations in Ivory Coast. The Algerian national team, Fennecs will play friendly matches with Togo as part of the training. The Algerians will play two friendly matches, the first against Togo on Friday January 5, followed by the second against Burundi on Tuesday January 9, according to Togoweb

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