Finance

Togo: Commercial courts to be modernised to speed up case processing and improve business environment

Friday, 21 August 2015 16:42

The commercial chambers of the Courts of First Instance (TPI) and Court of Appeal now have new refurbished offices equipped with IT infrastructure with technical spaces for servers and central inverters, networking equipment, safety material and an interconnection system.

In its desire to make Togo a destination of choice for investors, the Togolese government launched on 11 August an online platform to manage trade litigations in the offices of the justice administration. This new infrastructure, estimates the minister of Justice and Relations with Public institutions, Kokouvi Pius Agbetomey (photo), "is an impressive mutation, even a real revolution" which aims to improve the business environment by reducing the timelines and processing costs of trade litigations.

"The objective is to improve the business environment by eliminating all obstacles to local and foreign investments and by promoting Africa as an attractive investments destination", said Lodonou Kuami Gaméli, magistrate, Director of the Capacity Strengthening Project for the commercial chambers of the Court of First Instance and the Court of Appeal (PRCTPICA).

The app, characterised by the introduction of a paperless system in the trade chain from the registration of the cases to the decision making step, has been paired with a real-time stenotype reporting system as well as a documents database, extended by an electronic library.

The tele-processing innovation is on three main points:

  • Remote tracking of cases as well as access to every trade decisions of the tribunal and court of appeal of Lomé and those of other jurisdictions;
  • Establishment of a search procedure;
  • Creation of tools for online consultation.

For Alioune Sow, ICF technical assistant on this project, "the most important challenge is about the timelines. For investors and economic agents, it is vital to move fast in case of trade litigations and contracts linking them the different parties in order not to lose money. It is the speed and good quality of the decisions taken which attract a lot of investors and give them reassurance".

Thus, in this impetus of modernisation of the Togolese trade justice, 100% of archives of courts administration services are now digitised and available, the chambers have been equipped with publications on trade matters (shipping, banking, insurance, etc.).

The whole update is an investment of FCfa 1.85 billion provided by a grant from the ICF foundation (FCfa 1.15 billion) and the Togolese government (FCfa 700 million).

On the same topic
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct deposits, improving efficiency and product...
EU, EBRD launch €26.5 million financing facility in Côte d’Ivoire Program targets SMEs with loans, co-financing and technical support Initiative...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, interoperable real-time payments All financial...
Okoumé Capital licensed as fund manager by regional regulator Approval enables expansion across Central African financial markets Firm aims to boost...
Most Read
01

BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...

BCEAO Imposes June 30 Deadline to Complete Instant Payments Integration
02

A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...

Mitsubishi, Toyota Buy Options on Africa's Next Startups
03

ECOWAS and IMF sign cooperation framework to strengthen policy alignment West Africa’s grow...

ECOWAS and IMF Set New Framework to Align Policies Across West Africa
04

Coca-Cola will invest $1.03 billion in South Africa by 2030 to expand capacity and distributi...

Coca-Cola Plans $1 Billion Investment in South Africa After Nigeria Push
05

West African Development Bank plans CFA6,500 billion ($11.5 billion) in financing for 2026–2030. ...

BOAD Targets $11.5 Billion Investment in WAEMU by 2030 Under New ‘Djoliba’ Plan
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.