Togo : In 2018, cashew exports to the EU grew by 128%

Agriculture

Thursday, 21 March 2019 13:06

Togo : In 2018, cashew exports to the EU grew by 128%

(Togo First) - In N’Kâlo’s latest report on the cashew market, it was revealed that Togo exported 267 tons of cashew nuts to the European Union in 2018. This is against 118 tons in 2017 (+128%).

Going further back, Togo had exported 190 tons of the nuts to the Union, the report indicates.

While volumes sent to the Old Continent are on the rise, those headed to the US have fallen. From 2017 to 2018, they were slashed by 50%, from 246 tons to 122 tons.

However, total cashew exports from Togo to the two regions increased by 7% from 364 tons to 389 tons, between 2017 and 2018. This reflects a similar trend in West Africa which produces around 45% of the global output.

Ayi Renaud Dossavi

REFORMS OVERVIEW

STARTING A BUSINESS (more info)

At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms….

ENFORCING CONTRACTS (more info)

Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo, leveraging many efforts to improve its business climate, was able to jump significantly on the index in the recent years... .

CONTRACT EXECUTION (more info)

Creation of special chambers of commerce for small debts • Creation of chambers of commerce at the Court of Appeal • Civil and commercial cases now handled by distinct clerks • Establishment of commercial courts in Lomé and Kara • Lawyers and bailiffs now have access to the FORSETI COMMERCIAL platform • A maximum period of 100 days was fixed to settle a commercial dispute .

TRADING ACROSS BORDERS (more info)

In comparison to previous years,Togo has significantly improved its ranking under the“Trading across borders” indicator by adopting multiple reforms that focus mainly on the digitization and reduction in delays, for import and export procedures related to import and export.

In comparison to previous years, Togo has significantly improved its ranking on the “Trading across borders” index by adopting multiple reforms that focus mainly on the digitalization and reduction in delays, for import and export procedures related to import and export.

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Out of all the 'Doing Business’ indicators, Property Registration is where Togo has improved the most since 2018. Indeed, after spending years in the lowest part of this ranking, the country now seeks to beat Rwanda which is the best performer on this index in Africa. To do so, Lomé has been introducing many reforms, with the latest batch implemented this year.

PUBLIC PROCUREMENT (more info)

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PAYING TAXES AND DUTIES (more info)

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