China, through its financial institution, "China Exim Bank", has granted Togotelecom 200 million Yuans (about US$ 30 million or CFA F 15 billion) for the modernization of its facilities and network improvement.
With this money, Togotelecom will acquire, install and use telecommunication equ ipment via the local radio (last mile wireless) called "Illico".It will also enable the Togotelecom to extend its network in a bid to facilitate access by customers.
The loan agreement was signed by the Togolese Minister of Economy and Finance, Adji Oteth Ayassor, the Togotelecom Manager, Sam Bikassam, and the Vice chair of the "China Exim Bank", Xinquiang Zhu.
ARTICLES SUR LE MÊME THÈME
Togo adopts a new constitution
Togolese lawmakers adopted a new constitution on Monday, moving the country from a presidential to a parliamentary system.
Promoting multi-alignment
The African Political Alliance (APA) was launched in May 2023 at the initiative of Togo, aiming to create an informal framework for cooperation among countries sharing the ideals of pan-Africanism and those determined to work towards a politically strong, independent, self-assured, and non-aligned Africa.
China to support Togo in safeguarding its sovereignty, security -Wang Yi
China will continue to firmly support Togo in safeguarding its sovereignty, security and development interests, China's Foreign Minister Wang Yi said.