Saturday, 9th December 2023
To guardian.ng
Search

Moody’s: Togo’s participation in DSSI poses risks for private sector

The Togolese government is taking part in the G-20 Debt Service Suspension Initiative, which suspends payments to bilateral Paris Club creditors from the first of May till the end of the year 2020. Ratings Agency, Moody’s says Togo’s participation in the initiative offers short term liquidity relief but poses risks for the private sector. Lucie Villa, Vice President and Senior Credit Officer at Moody’s joins CNBC Africa for more.

Related

24 Feb 2020
Incumbent candidate Faure Gnassingbé has won his fourth presidential term. Both the president and challenger Agbeyome Kodjo had previously declared victory.
24 Feb 2020
Preliminary result from Togo’s Electoral Commission shows the country’s President, Faure Gnassingbe, with a strong lead of 72 per cent of the vote. Samson Itodo, Executive Director of Yiaga Africa, an organization that monitors election in Sub-Saharan Africa joins CNBC Africa for more.
28 Jun 2020
The Togolese government is taking part in the G-20 Debt Service Suspension Initiative, which suspends payments to bilateral Paris Club creditors from the first of May till the end of the year 2020. Ratings Agency, Moody’s says Togo’s participation in the initiative offers short term liquidity relief but poses risks for the private sector. Lucie Villa, Vice President and Senior Credit Officer at Moody’s joins CNBC Africa for more.
6 Sep 2020
Africa Initiative for Governance and the Nigeria Economic Summit Group partnered with Nigeria's Presidential Task Force on COVID-19 to develop the Nigeria COVID-19 Incidence and Response Tracker and Dashboard which reveals the resource requirements across all 36 states in Nigeria and the FCT. Ofovwe Aig-Imoukuede, Director, Africa Initiative for Governance joins CNBC Africa for more.
1 Oct 2020
The Covid-19 pandemic is pushing Africa into its first recession in a quarter of a century, with GDP forecast to shrink by up to 5 percent. The World Bank's private sector arm, the International Finance Corporation, has outlined a $1.5 billion facility for Africa's business community, with a focus on small and medium sized companies. Sergio Pimenta, Vice President for the Middle East and Africa of the IFC, tells FRANCE 24 that those firms in turn have a "significant" role to play in combatting the virus.
10 Oct 2020
Togo Election: Togolese in Lagos call for the entrenchment of democracy
15 May 2021
CBN eyes increased private sector investments in healthcare infrastructure
31 Oct 2021
In Togo, a young lady is one of the few women to work as a motorcycle cab driver. She is facing gender stereotypes and dangerous traffic. But nothing will stop her to fight for her dream.
2 Mar 2022
For the ninth edition of FIMO228, Togo's international fashion festival, the event's founder Jacques Logoh is training the spotlight on a diverse cast of models. Larissa Solim Amelete, the face of this year's event, has succeeded in getting her family to support her modelling career, while Cathy Crussy, a TV producer, is in her 50s. Then there's Rebecca Attiogbé, who drives a forklift truck for a day job, and Alex Sef, the androgynous muse for Ethiopian label Afropian this season. FRANCE 24 went to meet them.
14 May 2022
The 9th edition of FIMO, Togo's international fashion festival, didn’t open with a series of fashion shows, but instead with a science symposium organised by the University of Lomé. The theme of the discussion: how to pursue ethical fashion production while Africa continues to be the recipient of thousands of tonnes of the rest of the world’s unsold merchandise? And how to make the most of the rich pool of African design talent? We get some insightful answers from designers, fashion students and academics.
8 Jul 2022
The Commonwealth has admitted Gabon and Togo as its 55th and 56th members respectively. Both countries are former French colonies.
4 Oct 2022
Togo's government has confirmed reports that Burkina Faso's ousted coup leader Paul-Henri Damiba fled there following a mutiny of junior officers. Meanwhile, ECOWAS envoys were being sent to Ouagadougou.