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Economy
| Last Updated 20/11/2009 22:50:00
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 | Libya moves to improve own optical fibre network | | Tripoli, Libya (PANA) - The Libyan government has said the signing, early in Nov
ember, of the third phase of the project for the installation of the 13,000 kilo
m
etres of optical fibre cables network is a great stride aimed at boosting the na
t
ional telecommunications sector.
20/11/2009 full text... |
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| Gambia, US sign MOU on trade | | Banjul, Gambia (PANA) - A Memorandum of Understanding (MOU) for the promotion of
bilateral trade and investment was signed here Friday between the US Embassy in
Banjul and The Gambia.
20/11/2009 full text... |
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| '46% of PDA pledges get to deserving countries' | | Paris, France (PANA) - The president of the West African Development Bank (BOAD)
, Mr. Abdoulaye Bio-Tchané, said here on Wednesday that only 46 per cent of Pub
l
ic Development Aids (PAD), announced by donor countries, actually got to the ben
e
ficiary countries.
19/11/2009 full text... |
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| Regional bourse rises | | Abidjan, Côte d'Ivoire (PANA) - The Regional Bourse for the French West Africa
(BRVM) closed its fixing session here on Thursday slightly higher than it did We
d
nesday.
19/11/2009 full text... |
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| Tourist arrivals down by 9.7% in Mauritius | | Port-Louis, Mauritius (PANA) - The Central Statistics Office in Mauritius indica
ted Thursday that tourist arrivals for the first nine months of 2009 dropped by
9
.7 per cent, sliding to 608,885 compared to the 674,164 attained during the same
period in 2008.
19/11/2009 full text... |
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| Mauritian budget aimed at building green Island, says minister | | Port-Louis, Mauritius (PANA) - Mauritian Finance Minister Ramakrishna Sithanen o
n Wednesday presented the Islandâ?s 2010 national budget, saying the governmentâ
?s three main priorities would be to accelerate job creation, consolidate social
progress for inclusive growth and sustain the Island on the path to mitigate th
e
impact of climate change.
18/11/2009 full text... |
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| 45% of people in CEMAC region live in poverty | | Paris, France (PANA) - Nearly 45 per cent of the inhabitants of the six-member c
ountries of the Economic and Monetary Community of Central Africa (CEMAC) live b
e
low the poverty line, set at less than US$ 1 per day by the United Nations, the
P
resident of the Central African States Development Bank (BDEAC), Anicet Dologuel
e
, said Wednesday in Paris, France.
18/11/2009 full text... |
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| Int'l organisations explore ways of effective development assistance | | Paris, France (PANA) - A forum on how to improve the effectiveness of the Offici
al Development Assistance (ODA) was held Wednesday in Paris, France, with repres
e
ntatives of several international institutions and sub-regional African organisa
t
ions, including the Central African States Development Bank (BDEAC), participati
n
g, according to a PANA report.
18/11/2009 full text... |
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| Mauritania budgets US$ 1 billion for 2010 | | Nouakchott, Mauritania (PANA) - The Mauritanian government rose from an extraord
inary Council of Ministers' meeting Monday and adopted the 2010 finance bill, fi
x
ed at 245,874,369,054 ouguiyas (about US$ 1 billion), a 3.68 per cent increase,
c
ompared to that of last year, according to a statement released here on Tuesday.
17/11/2009 full text... |
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| Fuel prices go up in Mali | | Bamako, Mali (PANA) - After some months of stability, fuel prices have started r
ising again in Mali,
with high-octane, petroleum, gas oil, DDO, and fuel-oil going up by 10 CFA F per
litre each.
17/11/2009 full text... |
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| EIB provides EUR82m for Namibian cement plant | | Windhoek, Namibia (PANA) - The European Investment Bank (EIB) has provided a EUR
82 million grant towards the construction
and operation of Ohorongo Cement factory, the countryâ?s first ever cement manu
facturing plant.
17/11/2009 full text... |
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| Essar introduces cheapest cross calling rates in Kenya | | Nairobi, Kenya (PANA) - Local telecommunications service provider, Essar Telecom
Kenya Limitedâ?s â~Yuâ? mobile phone service, has introduced a new tariff whe
re consumers will enjoy a flat rate of Sh6 for calls to all networks in Kenya (S
h
74.6 = US$ 1).
16/11/2009 full text... |
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| Embezzlement: Mauritania police quiz bankers | | Nouakchott, Mauritania (PANA) - The Mauritanian police in charge of economic cri
mes, on Sunday questioned some bankers and businessmen over alleged "embezzlemen
t
" involving Sid'El Moctar Ould Nagi, former governor of the Mauritanian Central
B
ank (BCM), informed sources confirmed to PANA here on Monday.
16/11/2009 full text... |
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| East African leaders lobby mega-rich Saudi investors | | Addis Ababa, Ethiopia (PANA) - East African leaders are cashing in on the Saudi
Arabia-East African Forum underway here to
woo the over 50 key investors as well as finance, agriculture and infrastructure
authorities from the oil-rich Kingdom attending the forum.
16/11/2009 full text... |
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| ATT receives tramlines project document | | Bamako, Mali (PANA) - A delegation from the French city of Strasbourg on Saturda
y paid a courtesy call on Malian President Amadou Toumani Toure (ATT) and presen
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ed to him a development project of two tramlines in Bamako, the Malian capital.
15/11/2009 full text... |
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| Ethiopia inaugurates US$400 hydro-dam | | Addis Ababa, Ethiopia (PANA) â" Ethiopiaâ?s Prime Minister, Meles Zenawi on Sa
turday inaugurated the Tekeze Hydroelectric Power Dam, one of a number of mega h
y
droelectric power projects the Ethiopian Electric Power Corporation (EEPCo) has
i
nitiated.
15/11/2009 full text... |
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| Conference on oil, gas trade in Africa ends in Bamako | | Bamako, Mali (PANA) - The 13th conference on the trade and financing of oil, gas
and mines in Africa ended Friday in Bamako with an appeal to the UN Conference
o
n Trade and Development (CNUCED) for the implementation of an Exchange and Infor
m
ation Platform on Natural Resources (PEIRN), PANA reported from here Saturday.
14/11/2009 full text... |
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| S/African rand falls against CFA franc in Central Africa | | Libreville, Gabon (PANA) - The South African rand recorded a fall against the CF
A franc of the Bank of the Central African States (BEAC), according to the excha
n
ge rates bulletin of the main currencies issued on Friday morning in Libreville,
the capital of Gabon.
13/11/2009 full text... |
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| Nigerian VP frowns at trade imbalance between SA, Nigeria | | Abuja, Nigeria (PANA) - Nigerian Vice-President Goodluck Jonathan on Friday open
ed the 10th anniversary of the Nigeria/South Africa Bi-National Commission in Ab
u
ja, the capital city, asking the South African government to quickly find a solu
t
ion to the concerns expressed by Nigerian businessmen over the trade imbalance b
e
tween the two nations.
13/11/2009 full text... |
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| Latest exchange rates in Mauritius | | Port-Louis, Mauritius (PANA) - Following are the latest exchange rates of some f
oreign currencies against the rupee, as released on Friday by the Mauritian Comm
e
rcial Bank.
13/11/2009 full text... |
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