February 9, 2010
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Conakry, Guinea (PANA) -Guinea leader appoints trade unionist as transition council chairperson * Luanda, Angola (PANA) -Dos Santos urges government to find solutions to Angola's problems * Tripoli, Libya (PANA) -Gaddafi speaks to Al-Bashir, Deby on phone * Brussels, Belgium (PANA) -Second ACP-EU water projects unveiled * Dakar, Senegal (PANA) -Senegal records 14 Swine Flu cases *
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Economy Last Updated     08/02/2010    18:30:00
Burundi proposes "tax haven" to Belgian investors
Bujumbura, Burundi (PANA) - The Burundian Head of State, Pierre Nkuruziza, on Mo nday pledged to make the national tax system attractive for Belgian businessmen, saying this would be similar to a "tax haven", PANA reported from here.    08/02/2010   full text...
Mauritius discusses FTA with Turkey
Port-Louis, Mauritius (PANA) - Mauritius and Turkey will start their third round of discussions on a Free Trade Agreement (FTA) between the two countries Tuesda y , PANA reported from here Monday.    08/02/2010   full text...
2010 FIFA World Cup infrastructure drive SA chemicals market
Dar es Salaam, Tanzania (PANA) - Despite the economic turmoil of 2009 and its pr ofound impact on the global chemicals industry, South Africaâ?s chemicals markets remained fairly robust, thanks to significant investments in infrastructure leading up to the 2010 FIFA World Cup, according t o international Growth Partnership Company Frost & Sullivan.    08/02/2010   full text...
US dollar firms up against CFA franc
Libreville, Gabon (PANA) - The US dollar firmed up against the CFA franc of the Bank of the Central Africa States (BEAC) Monday, according to the day's exchange rates issued by the financial institution in Libreville.    08/02/2010   full text...
Crashed Ethiopian Airlines plane 'black box' to be decoded in France
Addis Ababa, Ethiopia (PANA) - Lebanon will hand over the recovered Flight Data Recorder (Black Box) belonging to the crashed Ethiopian Airlines jetliner to the French authorities for investigations, Ethiopian Airlines Chief Executive Office r Girma Wake said Sunday.    07/02/2010   full text...
US Dollar appreciates against Libyan Dinar
Tripoli, Libya (PANA) - The US Dollar has appreciated against the Libyan Dinar, according to the latest exchange rates published in Tripoli on Sunday by the Lib yan Central Bank.    07/02/2010   full text...
BREAKING NEWS: 'ET plane's recovered black box to be decoded in France'
Addis Ababa, Ethiopia (PANA) - Ethiopian Airlines said Sunday the reco...    07/02/2010   full text...
French Foreign Trade Secretary of State tours Africa
Paris, France (PANA) - French Foreign Trade Secretary, Anne-Marie Idrac, will fr om Monday visit the Democratic Republic of Congo, Kenya and BĂ©nin, PANA reporte d Saturday, quoting official sources.    06/02/2010   full text...
Nigerian bourse ends week up-beat
Lagos, Nigeria (PANA) - A turnover of 2.73 billion shares worth 18.94 billion na ira in 36,457 deals was recorded this week at the close of trading on the floor o f the Nigerian Stock Exchange (NSE), in contrast to a total of 2.32 billion shar e s valued at 14.15 billion naira exchanged last week in 71,619 deals.    06/02/2010   full text...
Latest exchange rates in Nigeria
Lagos, Nigeria (PANA) - Following are the latest exchange rates of the Nigerian currency, naira, against other currencies as released by the Central Bank of Nig e ria (CBN).    06/02/2010   full text...
IDB loans Tunisian Electricity and Gas Company 33.40 million euros
Tunis, Tunisia (PANA) - The Islamic Development Bank (IDB) on Friday loaned the Tunisian Electricity and Gas Company (TEGC) 33.40 million euros to fund a natur a l gas project in the Gafsa region, official sources in Tunis said.    05/02/2010   full text...
First Libyan-Portuguese fair to open in Tripoli on 15 February
Tripoli, Libya (PANA) - The first Libyan-Portuguese Fair, Lipo- Expo 2010 on trade, industry, building and education, will take place from 15 to 18 February in Tripoli, the organizers told PANA on Friday.    05/02/2010   full text...
DRC to host 4th African Oil Congress next month
Kinshasa, DR Congo (PANA) - DR Congo will next month host the 4th African Oil Congress (CAPE), which brings together 16 African oil producing countries, the Congolese minister of hydrocarbons announced on Thursday.    05/02/2010   full text...
Dos Santos calls for development of sustainable economy
Luanda, Angola (PANA) - Angolan head of state Jose Eduardo dos Santos has called for the development of a sustainable economy with regional balance, saying it i s only through continued increase of income together with equitable distribution t hat the well being of the people will be guaranteed.    05/02/2010   full text...
Regional bourse ends week low
Abidjan, Côte d'Ivoire (PANA) - The Regional Bourse for the French West Africa (BRVM) closed its fixing session here on Friday slightly lower than it did Thurs day.    05/02/2010   full text...
Comorian franc falls against US dollar
Moroni, Comoros (PANA) - The exchange rate of the Comorian franc fell on Friday against the US dollar, according to the exchange rates bulletin published by the Federal Bank of Commerce (BFC) of Moroni, the capital city.    05/02/2010   full text...
US dollar up against CFA franc in Central Africa
Libreville, Gabon (PANA) - The exchange rate of the dollar rose against the CFA franc of the Bank of the Central Africa States (BEAC), as indicated by the exchange rates bulletin of the main currencies issued on Friday morning by the monetary institution at Libreville, Gabon.    05/02/2010   full text...
Nigeria: Power outage to worsen as generation drops to 2,700 mw
Lagos, Nigeria (PANA) - The current electricity outages experienced in parts of Nigeria may get worse due to inadequate gas supply to fire the turbine power sta t ions, according to the privately-owned Vanguard newspaper Friday.    05/02/2010   full text...
Uganda to host 3rd East African Community Investment conference
Dar es Salaam, Tanzania (PANA) - Uganda will host the third East African Communi ty (EAC) Investment conference whereby the five member countries of the bloc wil l seek to showcase the opportunities that the region offers, the EAC secretariat a nnounced Thursday.    04/02/2010   full text...
Regional bourse rises
Abidjan, CĂ´te d'Ivoire (PANA) - The Regional Bourse for the French West Africa (BRVM) closed trading here on Thursday slightly higher than it did Wednesday.    04/02/2010   full text...
IMF Executive Board approves US$ 3 million for Mali
Addis Ababa, Ethiopia (PANA) - The Executive Board of the International Monetary Fund (IMF) on Wednesday said that based on its recent review Mali was entitled t o request for about US$ 3.1 million from it.    04/02/2010   full text...
Fuel prices up in Mauritius
Port-Louis, Mauritius (PANA) - The price of petrol in Mauritius has been increas ed by 7.73%, rising on Thursday from 40.40 rupees (US$ 1.40) to 43.40 rupees (US $ 1.50) per litre.    04/02/2010   full text...
CFA F remains stable against major foreign currencies
Libreville, Gabon (PANA) - The exchange rate for the Japanese Yen remained stabl e against FCFA of the Bank of Central African States (BEAC), according to Thursd a y's exchange rates for the major currencies issued by the monetary institution i n Libreville, the Gabonese capital.    04/02/2010   full text...
Mauritian foreign exchange rates for Thursday
Port-Louis, Mauritius (PANA) - The commercial bank of Mauritius Thursday in Port -Louis, the capital, issued the day's exchange rates for the major foreign curre n cies against the local rupee.    04/02/2010   full text...
Cape Verde will benefit from new MCC funding
Praia, Cape-Verde (PANA) - The new executive director of the US Millennium Chall enge Corporation (MCC) programme, Daniel Yohannes will visit Cape Verde Islands f rom Thursday to Friday to analyse with local authorities, practical details for a second funding for the archipelago, official sources told PANA here on Wednesda y .    03/02/2010   full text...
US dollar drops against FCFA of BEAC
Libreville, Gabon (PANA) - The exchange rate for the US dollar dropped compared to the FCFA of the Bank of Central African States (BEAC), according to the repor t on the day's exchange rates for major currencies issued Wednesday by the moneta r y institution in Libreville, the Gabonese capital.    03/02/2010   full text...
Latest exchange rates in Mauritius
Port-Louis, Mauritius (PANA) - The commercial bank of Mauritius Wednesday in Por t-Louis, issued the day's exchange rates for the major foreign currencies compar e d to the local rupee.    03/02/2010   full text...
Tanzania posts record earnings from tourism
Dar es Salaam, Tanzania (PANA) - Tanzania's receipts from foreign tourists incre ased from US$ 823.05 million in 2005 to a record US$ 1.269 billion in 2008 as a r esult of the government-backed campaign to market the country's tourist attracti o ns, Natural Resources and Tourism deputy minister Ezekiel Maige disclosed.    03/02/2010   full text...
Latest exchange rates in Nigeria
Lagos, Nigeria (PANA)- Following are the latest exchange rates for the Naira aga inst some major currencies, as published by the Central bank of Nigeria (CBN) on Tuesday.    02/02/2010   full text...
Mozambican leader backs ICT partnership with Angola
Luanda, Angola (PANA) - Mozambican President Armando EmĂ­lio Guebuza, Monday in Addis Ababa, Ethiopia, defended the need to set up partnership between Angola an d Mozambique in the field of information and communication technologies (ICTs) to strengthen their historical ties.    02/02/2010   full text...
Investors stake 4.44 billion naira on equities at Nigerian bourse
Lagos, Nigeria (PANA) - Investors on the floor of the Nigerian Stock Exchange(NS E) at the close of trading Tuesday placed the sum of 4.446 billion naira on 537.    02/02/2010   full text...
Regional bourse picks
Abidjan, CĂ´te d'Ivoire (PANA) - The Regional Bourse for the French West Africa (BRVM) closed trading here on Tuesday slightly higher than it did Monday.    02/02/2010   full text...
US dollar appreciates against Libyan dinar
Tripoli, Libya (PANA) - The US dollar slightly appreciated against the Libyan di nar while the euro depreciated against the Libyan currency according to the late s t exchange rates published here on Tuesday by the Libyan Central Bank (BCL).    02/02/2010   full text...
Mauritania to meet with partners over financial aid
Nouakchott, Mauritania (PANA) - The Mauritanian government has scheduled a meeti ng with its partner States for the first quarter of 2010 in Brussels, the Belgia n capital, official sources told PANA on Tuesday.    02/02/2010   full text...
Japanese yen appreciates against CFA
Libreville, Gabon (PANA) - The Japanese yen has appreciated against the CFA F is sued by the Bank for Central African States (BEAC), according to the latest exchange rates f or the regional currency against some major foreign currencies in Libreville.    02/02/2010   full text...
Latest exchange rates in Mauritius
Port-Louis, Mauritius (PANA) - The commercial bank of Mauritius Tuesday in Port- Louis issued the day's exchange rates for the major foreign currencies against t h e local rupee.    02/02/2010   full text...
'Mobile phones revolutionise e-commerce in Africa'
Addis Ababa, Ethiopia (PANA) - The Economic Commission for Africa (ECA) Tuesday released the results of a comprehensive study into the economic value of mobile phone use in Africa, particularly in the banking sector.    02/02/2010   full text...
Comoran franc stable against foreign currencies
Moroni, Comoros (PANA) - The exchange rate for the Comoran franc on Tuesday rema ined stable against the major foreign currencies, according to the report on exc h ange rates issued by the Federal commerce Bank (BFC) of Moroni.    02/02/2010   full text...
Ghana hosts conference to advance right of access to information in Africa
Dar es Salaam, Tanzania (PANA) - Former US President Jimmy Carter will lead the African Regional Conference on the Right of Access to Information, holding 7-9 F e bruary, 2010, in Accra, Ghana, the Atlanta-based Carter Centre announced Tuesday .    02/02/2010   full text...
Latest exchange rates in Nigeria
Lagos, Nigeria (PANA)- Following are the latest exchange rates for the Nigerian Naira against some foreign currencies, as published by the Central bank of Niger i a (CBN) Monday.    01/02/2010   full text...
IMF proposes US$ 100 bln "Green Fund" for climate change financing
Addis Ababa, Ethiopia (PANA) â" Dominique Strauss-Kahn, Managing Director of th e International Monetary Fund (IMF), has proposed â?Green Fundâ? to help finan ce shift to low-carbon world, according to an IMF statement here Monday.    01/02/2010   full text...
Kadhafi alleges hidden agenda of western countries on Guinea's wealth
Addis Ababa, Ethiopia (PANA) - Libyan leader Mouammar Kadhafi said here on Sunda y at the 14th African Union summit that western countries make nice speeches on G uinea's stability to better hide their designs on the wealth of the African west country, PANA reported from here.    01/02/2010   full text...
Regional bourse resumes week low
Abidjan, CĂ´te d'Ivoire (PANA) - The Regional Bourse for the French West Africa (BRVM) closed trading here on Monday slightly lower than it ended Friday.    01/02/2010   full text...
African mining meeting kicks off
Cape Town, South Africa (PANA) - Miners, project developers, mining analysts, fu nd managers, investment specialists, ministers and governments reconvened in Cap e Town, South Africa, Monday at the 16th annual Investing in African Mining Indab a .    01/02/2010   full text...
US dollar up against CFA franc in Central Africa
Libreville, Gabon (PANA) - The exchange rate of the US dollar rose against the CFA franc of the Bank of the Central Africa States (BEAC), as indicated by the e x change rates bulletin of the main foreign currencies published Monday by the mon e tary institution in Libreville, Gabon.    01/02/2010   full text...
IMF chief links global stability, peace to economic recovery
Addis Ababa, Ethiopia (PANA) - World peace and political stability are linked to effective economic recovery, the Managing Director of the International Monetar y Fund (IMF), Dominique Strauss-Kahn, has said.    01/02/2010   full text...
AU to build continental road corridors
Addis Ababa, Ethiopia (PANA) -The African Union (AU) plans to build road corrido rs across the continent, including the Dakar-Ndjamena-Djibouti and Djibouti-Libr e ville link roads, the AU Commission Chair, Jean Ping, announced here Sunday at t h e opening session of 14th summit of African Heads of State and government.    01/02/2010   full text...
Libyan 'Zouara-Ras-Jedir' Free Trade Zone formerly legalized
Tripoli, Libya (PANA) - The chair of the Board of the Libyan free trade zone, "Z ouara-Ras-Jedir development area", Saadi Mouammar Kadhafi, announced here Sunday that documents legalizing the zone had been officially approved.    31/01/2010   full text...
WB pledges more funding to Africa
Addis Ababa, Ethiopia (PANA) - World Bank's President, Robert Zoellick, on Mon day announced that African countries would receive more funding from the Bank in the years to come.    31/01/2010   full text...
Libyan 'Zouara-Ras-Jedir' Free Trade Zone formerly legalized
Tripoli, Libya (PANA) - The chair of the Board of the Libyan free trade zone, "Z ouara-Ras-Jedir development area", Saadi Mouammar Kadhafi, announced here Sunday that documents legalizing the zone had been officially approved.    31/01/2010   full text...
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