(Business in Cameroon) - Q2-2021 will be a tough quarter for livestock producers in Cameroon. This is the recent forecast published by the Bank of Central African States (BEAC) in its Q2-2021 business cycle analysis.
Based on answers of the actors surveyed for the elaboration of the business cycle analysis, the BEAC forecasts gloomy prospects for the livestock sector. According to the central bank, in Cameroon (as well as the Central African Republic and Equatorial Guinea), the sector will be affected by the security situation, the scarcity of inputs and
phytosanitary products as well as pasture degradation.
In Cameroon,
BOAD wins Sustainability bond of the year award for successfully issuing its first sustainable bond ever Finance Sunday, 04 April 2021 17:51
(Togo First) - The West African Development Bank (BOAD) has won a 2021 Environmental Finance Bond Award in the category
“Sustainability Bond of the year - supranational, sub-sovereign and agency (SSA).” The prize rewarded the success of the Bank’s first sustainability bond, the first to be issued in Africa.
“It is with pride that I accept, on behalf of the Bank s teams, the 2021 Sustainability Bond of the Year Award given to the BOAD,” said a delighted Serge Ekué, President of the BOAD.
Chap Chap, a new delivery service starts operations in Togo ITC
A new delivery service, Chap Chap, has launched operations in Togo. The announcement was made on April 1 by the company which stated:
“Our service is officially operational for your parcels and mail shipment”.
According to Alao Lawal, Chap Chap’s founder, the particularity of the new delivering service is that it is exclusively digital and uses geolocalization. In Togo, Chap Chap joins Delivroum, another service recently acquired by Gozem.
Chap Chap has a website and a mobile app, just like Kaba Delivery which also works in Lomé.
Séna Akoda
In 2019, exports from Togo to Niger exceeded $80 million Economic governance
In 2019, Togo exported over $80 million worth of goods to Niger, according to data gathered by the UN.
The exports include mainly livestock and oils (valued at around $25 million), as well as plastics and derivatives ($14.5 million). There were also vehicles, sugar, iron, steel, wines, fabrics, alcohol drinks and other beverages.
This makes Niger Togo’s fourth export destination over the period reviewed, with 8.9% of all
Togolese exports. The new performance is far better than that recorded in 2018; it stood at about $38 million.
The increase is attributable primarily to the Port of Lomé’s performances which were significantly driven up by the Togolese government’s efforts to make the infrastructure a logistics hub across the region.