Coronavirus: Pandemic slows down Uganda’s economic recovery - IMF Team

21 october 2021 - 10:12:30 AR

Kampala, Uganda (PANA) - The second COVID-19 wave has delayed Uganda’s economic recovery, with growth remaining close to half the country’s historical average as downside [...] Full text...

Thursday's forex rates for the Mauritian Rupee

21 october 2021 - 09:53:28 BBA

Port-Louis, Mauritius (PANA) - Following are Thursday's foreign exchange rates for the Mauritian Rupee as issued by the Mauritian Commercial Bank: Currency          [...] Full text...

Thursday’s forex rates for the Gambian Dalasi

21 october 2021 - 08:54:52 MSS

Banjul, Gambia (PANA) - The following are Thursday’s foreign exchange rates for the Gambian Dalasi (D) as published by Central Bank of The Gambia. Currency                                 Buying  [...] Full text...

Egypt, Greece, Cyprus sign agreement on interconnection of electrical grids

20 october 2021 - 12:41:10 BBA

Athens, Greece (PANA) - Egypt, Greece and Cyprus on Tuesday signed an agreement in Athens on interconnection of electricity grids to strengthen the energy cooperation [...] Full text...

Libya earned over US$1.7 billion in oil revenues in September

20 october 2021 - 12:18:16 BBA

Tripoli, Libya (PANA) - Libya earned US$1.796 billion from the sale of crude oil, gas, condensates, petroleum products and petrochemicals for September, 2021. This was announced [...] Full text...

Wednesday's forex rates for the Mauritian Rupee

20 october 2021 - 11:20:48 BBA

Port-Louis, Mauritius (PANA) - Following are Wednesday's foreign exchange rates for the Mauritian Rupee as issued by the Mauritian Commercial Bank: Currency          [...] Full text...

Thursday’s forex rates for the Gambian Dalasi

20 october 2021 - 09:58:53 MSS

Banjul, Gambia (PANA) - The following are Thursday’s foreign exchange rates for the Gambian Dalasi (D) as published by Central Bank of The Gambia. Currency                                 Buying  [...] Full text...

Libya wants to increase gas production

19 october 2021 - 12:28:27 BBA

Tripoli, Libya (PANA) - Libya wants to develop onshore and offshore gas fields to increase production and fill the natural gas supply gap to consumers, [...] Full text...

Libyan Oil and Gas minister suspends Director of national oil company board again

19 october 2021 - 11:34:52 BBA

Tripoli, Libya (PANA) - Disagreements between the Libyan Oil and Gas Minister Mohamed Aoun and chairman of the Board of Directors of the National Oil Company [...] Full text...

Tuesday's forex rates for the Mauritian Rupee

19 october 2021 - 10:53:09 BBA

Port-Louis, Mauritius (PANA) - Following are Tuesday's foreign exchange rates for the Mauritian Rupee as issued by the Mauritian Commercial Bank: Currency          [...] Full text...

Tuesday’s forex rates for the Gambian Dalasi

19 october 2021 - 10:06:12 MSS

Banjul, Gambia (PANA) - The following are Tuesday’s foreign exchange rates for the Gambian Dalasi (D) as published by Central Bank of The Gambia. Currency                                 Buying  [...] Full text...

Housing prices soar in many countries - IMF

19 october 2021 - 08:33:30 AR

Washington, DC, US (PANA) - While most economic indicators deteriorated last year, house prices largely shrugged off the effects of the pandemic, according to a [...] Full text...

Ethiopia amends tariffs on imports to beef up domestic producers’ competitiveness

19 october 2021 - 08:29:46 AR

Addis Ababa, Ethiopia (PANA) – Ethiopia has unveiled a major revision of Tariffs on Imported Goods aspiring to enhance the competitiveness of domestic producers by [...] Full text...

EBRD Vice President Pilloux visits Egypt

18 october 2021 - 14:13:30 AR

Cairo, Egypt (PANA) – European Bank for Reconstruction and Development (EBRD) Vice President Alain Pilloux is on a four-day visit to Egypt since Sunday for [...] Full text...

Monday's forex rates for the Mauritian Rupee

18 october 2021 - 09:54:19 BBA

Port-Louis, Mauritius (PANA) - Following are Monday's foreign exchange rates for the Mauritian Rupee as issued by the Mauritian Commercial Bank: Currency          [...] Full text...

Monday’s forex rates for the Gambian Dalasi

18 october 2021 - 09:28:32 MSS

Banjul, Gambia (PANA) - The following are Monday’s foreign exchange rates for the Gambian Dalasi (D) as published by Central Bank of Gambia. Currency                                 Buying    [...] Full text...

Mauritius to maintain fight against poverty despite challenge of COVID-19, says PM

18 october 2021 - 06:42:15 NA

Port-Louis, Mauritius (PANA) – Mauritian Prime Minister Pravind Jugnauth on Sunday stressed on the importance of education in the struggle against poverty and highlighted the [...] Full text...

UN chief says rising poverty a ‘moral indictment of our times'

17 october 2021 - 10:06:08 MA

New York, US (PANA) - For the first time in two decades, extreme poverty is on the rise, the UN chief said in his message marking the International [...] Full text...

Meeting between Tunisian Minister of Economy and Planning with Libyan counterpart

16 october 2021 - 19:45:50 BBA

Tunis, Tunisia (PANA) - The Tunisian minister of Economy and Planning, Samir Said, met on Friday with his Libyan counterpart, Fakher Boufarna, on ways of [...] Full text...

Libyan Ministry of Economy plans to fix commodity prices in Libya

16 october 2021 - 19:28:21 BBA

Tripoli, Libya (PANA) - Minister of Economy and Trade Mohamed al-Haweij said here Saturday the ministry would start fixing the prices of commodities in accordance [...] Full text...

Russian oil company Tatneft resumes operations in Libya after a decade of interruption

16 october 2021 - 11:19:20 BBA

Tripoli, Libya (PANA) - Russian oil company Tatneft resumed Friday its activities in Libya after a 10-year hiatus, with the completion of drilling works of [...] Full text...

EBRD gives 6 million euros loan to General Company of Food Industries in Tunisia

15 october 2021 - 19:40:27 BBA

Tunis, Tunisia (PANA) - The European Bank for Reconstruction and Development (EBRD) Friday granted the General Company of Food Industries of Tunisia a 20 million-dinar [...] Full text...

West African nations urged to use regional value chains as means to diversify exports

15 october 2021 - 11:12:21 AO

Geneva, Switzerland (PANA) - Maintaining open value chains and predictable mechanisms to support them is key to ensure access to goods and services needed for [...] Full text...

Friday's forex rates for the Mauritian Rupee

15 october 2021 - 10:18:41 BBA

Port-Louis, Maurice (PANA) - Following are Friday's foreign exchange rates for the Mauritian Rupee as issued by the Mauritian Commercial Bank: Currency          [...] Full text...

Friday’s forex rates for the Gambian Dalasi

15 october 2021 - 09:27:50 MSS

Banjul, Gambia (PANA) - The following are Friday’s foreign exchange rates for the Gambian Dalasi (D) as published by Central Bank of The Gambia. Currency                                 Buying  [...] Full text...

Guterres: Sustainable transport key to green energy shift

15 october 2021 - 08:30:30 MA

Beijing, China (PANA) - With global transport at a crossroads, government leaders, industry experts, and civil society groups are meeting in Beijing, China, for a [...] Full text...

Mauritius records 96.9 % drop in tourist arrivals this year

15 october 2021 - 07:47:14 NA

Port-Louis, Mauritius (PANA) – Tourist arrivals in Mauritius dropped by 96.9% from 305,612 in September 2020 to 9,460 in September 2021, according to Statistics Mauritius. In [...] Full text...

Thursday's forex rates for the Mauritian Rupee

14 october 2021 - 10:46:38 BBA

Port-Louis, Mauritius (PANA) - Following are Thursday's foreign exchange rates for the Mauritian Rupee as issued by the Mauritian Commercial Bank: Currency          [...] Full text...

Thursday’s forex rates for the Gambian Dalasi

14 october 2021 - 09:14:27 MSS

Banjul, Gambia (PANA) - The following are Thursday’s foreign exchange rates for the Gambian Dalasi (D) as published by Central Bank of The Gambia. Currency                                 Buying  [...] Full text...

BCL Governor discusses "Back to Life" programme with Libyan Minister of Economy

13 october 2021 - 19:15:24 BBA

Tripoli, Libya (PANA) - The Governor of the Central Bank of Libya, Seddik Al-Kabir, discussed on Wednesday with the minister of Economy and Trade of [...] Full text...

Botswana bans school uniform imports

13 october 2021 - 18:27:25 DRW

Gaborone, Botswana (PANA) - Botswana has announced a decision to restrict importation of school uniform to promote local production. Potso Thari, the spokesperson of the ministry [...] Full text...

Wednesday's forex rates for the Mauritian Rupee

13 october 2021 - 11:32:02 BBA

Port-Louis, Mauritius (PANA) - Following are Wednesday's foreign exchange rates for the Mauritian Rupee as issued by the Mauritian Commercial Bank: Currency          [...] Full text...

Wednesday’s forex rates for the Gambian Dalasi

13 october 2021 - 09:18:31 MSS

Banjul, Gambia (PANA) - The following are Wednesday’s foreign exchange rates for the Gambian Dalasi (D) as published by Central Bank of The Gambia. Currency                                 Buying      [...] Full text...

International Court of Justice rules in favour of Somalia in maritime dispute with Kenya

12 october 2021 - 17:19:57 MA

The Hague, Netherlands (PANA) - The International Court of Justice (ICJ), the principal judicial organ of the United Nations, on Tuesday delivered its Judgment in [...] Full text...

EBRD boosts youth participation in Egyptian economy

12 october 2021 - 13:39:24 AR

Cairo, Egypt (PANA) - The European Bank for Reconstruction and Development (EBRD) is increasing economic opportunities in Egypt by collaborating with Hyundai Rotem  to offer [...] Full text...

Coronavirus: IMF staff hail Guinea Bissau’s reform progress under pandemic compounded conditions

12 october 2021 - 10:59:15 AR

Bissau, Guinea Bissau (PANA) – Guinea’s progress on its nine-month economic reform programme, which is monitored by the International Monetary Fund (IMF) staff, has been [...] Full text...

Tuesday's forex rates for the Mauritian Rupee

12 october 2021 - 09:43:49 BBA

Port-Louis, Mauritius (PANA) - Following are Tuesday's foreign exchange rates for the Mauritian Rupee as issued by the Mauritian Commercial Bank: Currency          [...] Full text...

Tuesday’s forex rates for the Gambian Dalasi

12 october 2021 - 09:40:17 MSS

Banjul, Gambia (PANA) - The following are Tuesday’s foreign exchange rates for the Gambian Dalasi (D) as published by Central Bank of The Gambia. Currency                                 Buying  [...] Full text...

COVID-19 aid for Africa falling short, says Human Rights Watch

12 october 2021 - 06:35:25 MA

Nairobi, Kenya (PANA) – The Covid-19 pandemic has highlighted the need for African governments to strengthen social protection systems and fulfill people’s rights to social security and [...] Full text...

Low-income country debt rises to record $860 billion in 2020

11 october 2021 - 17:40:50 AR

Washington, DC, US (PANA) - Governments around the world responded to the COVID-19 pandemic with massive fiscal, monetary and financial stimulus packages. While these measures were [...] Full text...

Mali participates in 5th Italy-Africa Business Week

11 october 2021 - 12:02:09 BBA

Bamako, Mali (PANA) - The Malian Minister of Foreign Affairs, Abdoulaye Diop, on Saturday participated in the 5th edition of the Italy-Africa Business Week in [...] Full text...

Monday's forex rates for the Mauritian Rupee

11 october 2021 - 09:50:12 BBA

Port-Louis, Mauritius (PANA) - Following are Monday's foreign exchange rates for the Mauritian Rupee as issued by the Mauritian Commercial Bank: Currency          [...] Full text...

Monday’s forex rates for the Gambian Dalasi

11 october 2021 - 08:45:38 MSS

Banjul, Gambia (PANA) - The following are Monday’s foreign exchange rates for the Gambian Dalasi (D) as published by Central Bank of Gambia. Currency                                 Buying    [...] Full text...

Libyan GDP growth to hit 78.2% in 2021 if elections are held on time and oil production flows

09 october 2021 - 12:45:11 BBA

Tripoli, Libya (PANA) - Libya will see 78.2% gross domestic product (GDP) growth in 2021 if general elections are held on schedule at the end [...] Full text...

Commitment of key private sector creditors vital for Chad’s debt treatment: IMF

09 october 2021 - 09:04:02 AR

N’Djamena, Chad (PANA) – In view its worsened economic and financing situation as well as the general outlook, Chad needs a commitment from key private [...] Full text...

Botswana celebrated for propping up tourism

08 october 2021 - 15:13:03 DRW

Gaborone, Botswana (PANA) - mBotswana’s tourism industry has been rewarded for demonstrating excellence in recovery strategies for the sector, an official source said here Friday. Onalenna [...] Full text...

Tunisia to import 70 per cent of its cereal needs

08 october 2021 - 14:27:48 BBA

Tunis, Tunisia (PANA) - Tunisia currently imports 70 percent of its cereal needs and 90 percent of its soft wheat needs, the Tunisian Union of [...] Full text...

Friday's forex rates for the Mauritian Rupee

08 october 2021 - 10:07:44 BBA

Port-Louis, Mauritius (PANA) - Following are Friday's foreign exchange rates for the Mauritian Rupee as issued by the Mauritian Commercial Bank: Currency          [...] Full text...

Friday’s forex rates for the Gambian Dalasi

08 october 2021 - 09:31:32 MSS

Banjul, Gambia (PANA) - The following are Friday’s foreign exchange rates for the Gambian Dalasi (D) as published by Central Bank of The Gambia. Currency                                 Buying  [...] Full text...

Foreign currency reserves in Tunisia cover 131 days of imports

07 october 2021 - 20:31:02 BBA

Tunis, Tunisia (PANA) - The net foreign exchange reserves in Tunisia reached, until October 6, 21.665 billion dinars, allowing the country to cover its imports [...] Full text...