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Togo Creative Industries Market Earned $16M in 2024

Togo’s cultural and creative industries (CCI) generated $166 million (over CFA100 Billion) in 2024–about 1% of the country’s GDP. The French Development Agency (FDA) recently reported the figure in a study covering key segments like music, audiovisual production, cinema, and digital arts. According to the same source, cultural and creative industries employ around 135,000 people (134,293), or 4% of Togo’s workforce. This includes 70,987 women (52%) and 20,754 youths aged 15 to 24 (15%). Exports of cultural goods and services brought in $24 million. However, the report highlights that 92% (123,953) of the jobs in this sector are informal. Informal activities alone generate $51.98 million in revenue. Structural Reform Needed Togolese filmmakers produce around 70 films annually, including six foreign productions. The local cinema industry is growing but still struggles to professionalize. The government adopted a Film and Moving Image Code and created […]

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PIA to Expand as ARISE IIP Secures $450M from Afreximbank

ARISE Integrated Industrial Platforms (ARISE IIP) will soon boost its African industrial park investments, particularly in Togo. The firm recently secured a $450 million commitment from the African Export-Import Bank (Afreximbank). In detail, $300 million will help bolster existing parks, including Togo’s Industrial Platform of Adétikopé (PIA), and launch new projects in the Democratic Republic of Congo, Kenya, Chad, Nigeria, and Côte d'Ivoire. The remaining $150 million will help build an industrial park in Malawi and bolster agricultural export activities. The $450 million investment is part of a broader $800 million initiative to boost African industrialization. "This $450 million facility represents a major step forward in supporting Africa's industrialization efforts," said Arvind Arora, Treasury Director of ARISE IIP. "This financing covers critical working capital and capital expenditure requirements in various countries, addressing the diverse needs of industrial development." Last year, many major global shipping firms joined the PIA […]

4 Drug Kingpins Bag 95 Years In Jail, Forfeit Vehicles, Others

Four drug kingpins: Ogbuji Christian Ifeanyi; Iloduba Augustine Chinonye; Shuaibu Nuhu Isa (a.k.a Don) and Zidon Zurga, have been convicted and sentenced to a total of 95 years in prison by the Federal High Court in Lagos and Yola, Adamawa State over trafficking of cocaine and skunk worth over N4.6 billion. Ogbuji was intercepted by operatives of the National Drug Law Enforcement Agency (NDLEA) at the Murtala Muhammed International Airport (MMIA) Ikeja, Lagos, on Wednesday, September 18, 2024, during an inward clearance of Ethiopian Airlines flight passengers from Addis Ababa to Lagos, for importing 817 wraps of cocaine weighing 19.40 kilograms with an estimated street value of Four Billion Six Hundred and Fifty-Six Million Naira (N4,656,000,000.00). That was barely 16 months after the 48-year-old businessman was arrested and convicted for ingesting 93 pellets of cocaine. He was first arrested at […]

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Affter 17 Years On The Run, NDLEA Apprehends Wanted Notorious Drug Baron In Lagos

After 17 years of hiding in the dark to ship illicit drugs worth billions of naira across the world, the reign of a wanted 59-year-old drug baron, Ogbonnaya Kevin Jeff, has been brought to a halt following his arrest by operatives of the National Drug Law Enforcement Agency (NDLEA) at his hideout in Ojo area of Lagos. Chairman/chief executive officer of NDLEA, Brig. Gen. Mohamed Buba Marwa (Rtd), who disclosed this at a press briefing in Abuja on Monday, detailed how operatives of the agency’s Special Operations Unit had been on the trail of Ogbonnaya following an Interpol red notice against him and information from the National Intelligence Service of South Korea. According to Marwa: “The major development that warranted this special briefing pertains to the arrest of a drug lord who’s wanted across the world as the leader of […]

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Soldiers Invade Ikeja Electric Office Over Power Disconnection

Personnel of the Nigerian military have invaded the offices of Ikeja Electric in Lagos State, assaulting staff members and disrupting operations. The incident, which took place at the electricity distribution company’s office on Ago Palace Way, Okota, Isolo, , showing uniformed military personnel wielding arms and forcing employees to kneel while assaulting others. Sources further confirmed that a similar invasion occurred at Ikeja Electric’s head office in Ikeja, the Lagos State capital. The invasion came amid growing tensions between Ikeja Electric and the Nigerian Air Force (NAF) over the disconnection of power supply to the Sam Ethnan Air Force Base in Ikeja. A national newspaper on Wednesday reported that the base had been without electricity for two weeks after Ikeja Electric cut off supply due to unpaid debts amounting to millions of naira. Sources told that an agreement had been […]

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BREAKING: Senate Panel Recommends 6-month Suspension For Kogi Central Senator Natasha

The Senate Committee on Public Conduct, Ethics, Privileges and Public Petitions, on Thursday, recommended the suspension of the Kogi Central Senator, Natasha Akpoti-Uduaghan, for a period of six months. The Committee’s chairman, Senator Neda Imasuen, who presented the panel’s report at plenary, said Senator Natasha was guilty of all allegations against her as she failed to submit herself to the legislative Committee for the review of her conduct. Senators are currently taking their turns to debate the report subject to further amendments of the Committee’s recommendations and their final adoption through voice vote. The Kogi Central Senator was referred to the committee over her alleged misconduct following a face-off with the Senate President Godswill Akpabio over seating arrangement in the chamber during plenary penultimate week. The controversy took a new twist days later when Senator Natasha accused Senaotr Akpabio of sexual […]

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Agriculture, Environment: Togo Secures $5.7M from South Korea

South Korea recently provided Togo with $5.7 million to support two major projects–one to boost agriculture and another to fight deforestation. The projects were officially launched on February 28, 2025, in Lomé, in the presence of Moon Dongkyu, representing the South Korean ambassador in Togo. The first project, "Development of Socio-Economic Infrastructures to Support Rural Communities in Togo", received $3.5 million. It will focus on improving rural infrastructure by installing post-harvest processing solutions, solar-powered systems for agricultural processing, and clean drinking water facilities. Additionally, it will include an incubation program to train young people and women in managing environmentally sustainable businesses. The second project, "Strengthening People's Resilience to Climate Change through Sustainable Management of Forest Resources", received $2.2 million. It aims to enhance governance and knowledge-sharing in shea parks, promote reforestation using high-quality shea seedlings, and improve post-harvest practices to increase income. The project seeks […]

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National Cybersecurity Agency Adds Three New Options to Public e-Services Platform

 The Togolese public e-services platform recently welcomed three new options. The options were integrated by the National Cybersecurity Agency (ANCy).  Effectively, the platform’s users can now submit, online, applications for qualifying service providers and security products, and directly request approvals from assessment centers. They can also track their applications in real time and communicate with ANCy using a built-in chat tool. The move falls under the government’s efforts to modernize public administration while addressing the need for secure online transactions in a world increasingly reliant on digital tools. Launched in 2021, the ANCy was set up to regulate and secure digital activities in Togo.

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Russian Sweets Behemoth UNICONF Eyes Togo’s Cocoa

Russia’s leading sweets maker, United Confectioners (UNICONF), is eyeing Togo’s cocoa market. A delegation from the firm was in Lomé from February to March 4. They were led by Sergey Lyubimov, one of its executives. The team met with various local businesspeople during their stay. They mostly discussed Uniconf's plans to invest in processing and marketing Togo’s cocoa. The Russian delegation took stock of Togolese regulations and tax policies to evaluate potential partnerships and long-term operations. According to Togo’s Chamber of Commerce and Industry, partnering with Uniconf could boost the local cocoa industry, fostering industrialization and job creation. Cocoa is Togo's third most valuable cash crop, behind cotton and coffee. Founded in 1804, UNICONF is the leading confectionery company in Russia and Eastern Europe. Present in 45 countries, the giant produces around 360,000 tonnes of sweets yearly.

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Togo Takes Helm of Federation of Professional Associations of Banks

 Togo has taken over the leadership of the Federal Council of the Federation of Professional Associations of Banks and Financial Institutions of the WAEMU (FAPBEF-UEMOA). Guy Martial Awona, Managing Director of Orabank-Togo, officially assumed the role on March 4, 2025, during a meeting in Lomé. Guy Martial Awona succeeds Senegalese Boccar Sy, whose term has ended. Over the next two years, Awona will focus on steering reforms in the West African Economic and Monetary Union (WAEMU) banking sector to address pressing economic challenges. As chairman, Awona is tasked with stabilizing the financial system, improving access to credit for small and medium-sized enterprises, and enhancing financial inclusion through digitization. His agenda also includes modernizing banking services to meet international standards and strengthening financial security systems. Collaboration with WAEMU member states will be key to achieving these goals. Commenting on the appointment, […]

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