Economy -
  • Nigeria: Wednesday's forex rates in Nigeria
    23 april 2014 19:50:42
    Lagos, Nigeria (PANA) - Here are the latest foreign exchange rates for the Nigerian currency, the Naira: Full text...

  • Tanzania: EAC aviation sector addresses safety, security challenges
    23 april 2014 18:54:29
    Dar es Salaam, Tanzania (PANA) – The third East African Community (EAC) Aviation Symposium, aiming at providing an updated picture of the new regulatory framework to be implemented for the aviation industry at large, will be held 9 May 2014 in the Rwandan capital, Kigali, the Community secretariat said Wednesday. Full text...

  • Belgium: EU grants Tunisia 300m euro budget aid
    23 april 2014 17:26:27
    Brussels, Belgium (PANA) – The European Parliament has approved a financial aid of more than 300 million Euros for Tunisia, according to an EU statement issued here Wednesday. Full text...

  • Zambia: Zambia on course to settle external debts
    23 april 2014 16:44:00
    Lusaka, Zambia (PANA) – The Ministry of Finance says the Zambian government is on course with all external debt obligations, adding that this is consistent with the need to maintain credit worthiness and safeguard macroeconomic stability through debt sustainability. Full text...

  • Tanzania: Tax hurdles hamper mobile penetration rates
    23 april 2014 16:30:49
    Dar es Salaam, Tanzania (PANA) – While mobile penetration rates in Tanzania are expected to rise over the next five years, this expansion will be hampered by the greater tax burden placed on mobile phone users in the East African country over the past year, Pyramid Research (PR) said Wednesday in its Tanzania Country Intelligence Report. Full text...

  • South Africa: Johannesburg Stock Exchange (JSE) rebrands
    23 april 2014 16:17:13
    Johannesburg, South Africa (PANA) - The Johannesburg Stock Exchange (JSE) on Wednesday revealed its new brand which demonstrates the bourse’s identity as a modern African marketplace that connects investors to growth opportunities globally, according to a statement from the JSE. Full text...

  • Cote d'Ivoire: Trading at the West African Bourse rises
    23 april 2014 15:31:49
    Abidjan, Côte d’Ivoire (PANA) - Trading at the West African regional stock exchange (BRVM) ended Tuesday on the rise with the BRVM index 10 rising from 247.34 to 247.42 points, representing a rise of 0.03%. Full text...

  • Libya: Oil production hits 220,000 barrels per day
    23 april 2014 15:21:08
    Tripoli, Libya (PANA) – The Libyan national oil company (NOC) on Wednesday announced that the country’s oil production has hit 220,000 barrels per day, despite the closure of many production sites following the activities of protest groups. Full text...

  • Kenya: Qatar, Kenya sign key pacts
    23 april 2014 15:11:55
    Nairobi, Kenya (PANA) - In continuation of his State visit to Qatar, Kenya’s President Uhuru Kenyatta was received Wednesday by His Highness, the Emir of Qatar, Sheikh Tamim Bin Hamad Al-Thani, in Doha, according to Kenya's Presidential Strategic Communication Unit (PSCU). Full text...

  • Botswana: Missing police chopper found
    23 april 2014 14:37:03
    Gaborone, Botswana (PANA) - Botswana Police have confirmed that their missing helicopter has been found. Full text...

  • Mali: 6,650 jobs created in first quarter of 2014
    23 april 2014 14:12:44
    Bamako, Mali (PANA) – Some 6,650 formal jobs were created in Mali between January and March this year, the Malian minister of Employment and Professional training, Mahamane Baby, said on Wednesday while presenting his quarterly report on employment. Full text...

  • Ethiopia: Ethiopia says Africa will use energy potential to generate growth
    23 april 2014 14:01:34
    Addis Ababa, Ethiopia (PANA) - Ethiopia has set in motion plans to complete energy projects with a combined capacity of 10,000 megawatts over the next 10 years to satisfy demand for power in Eastern and Northern Africa. Full text...

  • Mauritius: 'Biotechnology is double-edged sword'
    23 april 2014 13:58:37
    Pointe-aux-Piments, Mauritius (PANA) - Mauritian Health Minister Lormus Bundhoo has described biotechnology as a double-edged sword which has great benefits and also the potential to cause harm, if used in an irresponsible manner. Full text...

  • Ethiopia: Ethiopia eyes 2,000MW to boost regional electric power trade
    23 april 2014 12:35:29
    Addis Ababa, Ethiopia (PANA) - Ethiopia is set to conclude the first phase of a national power generation plan with the completion of the 1,850 megawatts plant at the Gibe III dam in time for electricity exports to Kenya, officials said Wednesday. Full text...

  • Zambia: Wednesday’s exchange rates for Kwacha
    23 april 2014 12:25:29
    Lusaka, Zambia (PANA) - Following are Wednesday's exchange rates for the Zambian kwacha: Full text...

  • Botswana: 'No clue yet on missing chopper'
    23 april 2014 12:05:47
    Gaborone, Botswana (PANA) - The search for the Botswana Police Service (BPS) chopper which went missing at the weekend has not yielded any positive results, PANA reported Wednesday. Full text...

  • Botswana: Bank rate retained at 7.5%
    23 april 2014 11:51:55
    Gaborone, Botswana (PANA) - Botswana’s central bank’s Monetary Policy Committee (MPC) has retained the bank rate at 7.5 percent. Full text...

  • Libya: Wednesday's forex rates for Dinar
    23 april 2014 11:44:42
    Tripoli, Libya (PANA) - Following are Wednesday's exchange rates for the Libyan Dinar: Full text...

  • Mauritania: Wednesday’s forex rates for Ouguiya
    23 april 2014 11:42:03
    Nouakchott, Mauritania (PANA) - Following are Wednesday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Tanzania: Wednesday's exchange rates for Shilling
    23 april 2014 08:30:01
    Dar es Salaam, Tanzania (PANA) - Following are Wednesday's exchange rates for the Tanzania Shilling: Full text...

  • Libya: Libya examines repatriation of looted US$200 billion in foreign countries
    22 april 2014 21:49:51
    Tripoli, Libya (PANA) – The financial commission at the Libyan National General Congress (NGC, Parliament) on Tuesday examined how to repatriate Libyan funds stashed way in foreign countries by the regime of the late Mouamar Kaddafi, estimated at some US$200 billion. Full text...

  • Nigeria: Tuesday's forex rates for Naira
    22 april 2014 19:27:59
    Lagos, Nigeria (PANA) - Following are the latest foreign exchange rates for the Nigerian currency, the Naira: Full text...

  • Congo: Brazzaville seeking F CFA 200 billion to rehabilitate 285 kms of railways
    22 april 2014 14:58:17
    Brazzaville, Congo (PANA) - Congo is negotiating with the South African mining company, Exxaro, and other financial institutions to raise 200 billion F CFA for the rehabilitation of 285 kilometres of railway linking Mont-Bello and Mbinda in the Niari department, southern Congo. Full text...

  • Nigeria: WB approves US$250m credit for water supply in Nigeria
    22 april 2014 13:47:47
    Lagos, Nigeria (PANA) - The World Bank said it had approved a US$250 million credit facility to help the Nigerian government to increase access to water supply and improve the financial as well as management viability of existing utilities. Full text...

  • Cameroon: Cameroon targets 6% growth rate in 2014
    22 april 2014 12:57:45
    Yaoundé, Cameroon ( PANA) - Cameroon targets a growth rate of at least 6 percent, in addition to reaping in the coming years other substantial gains from its national wealth, according to Minister of Economy Emmanuel Nganou Djoumessi. Full text...

  • Zambia: Tuesday’s exchange rates for Kwacha
    22 april 2014 12:25:24
    Lusaka, Zambia (PANA) - Following are Tuesday's exchange rates for the Zambian kwacha: Full text...

  • Mauritius: Tuesday's exchange rates for Mauritian rupee
    22 april 2014 11:17:38
    Port-Louis, Mauritius (PANA) - Following are Tuesday's exchange rates for the Mauritian rupee: Full text...

  • Mauritania: Tuesday's exchange rates for Ouguiya
    22 april 2014 11:15:08
    Nouakchott, Mauritania (PANA) - Following are Tuesday's foreign exchange rates for the Mauritanian Ouguiya. Full text...

  • Libya: Tuesday’s forex rates for Libyan Dinar
    22 april 2014 11:13:06
    Tripoli, Libya (PANA) - Following are the latest exchange rates for Libyan Dinar, as published here Tuesday by the nation’s central bank: Full text...

  • Ghana: Tuesday's exchange rates for Ghana Cedi
    22 april 2014 08:47:27
    Accra, Ghana (PANA) - The following are Tuesday’s average inter-bank exchange rates for the Ghana Cedi, as announced by the Ghana Association of Bankers: Full text...

  • Botswana: Police chopper goes missing in Botswana
    22 april 2014 08:46:07
    Gaborone, Botswana (PANA) - A Botswana Police Service (BPS) helicopter has gone missing in the North-west district of the country, the police confirmed Tuesday. Full text...

  • Tanzania: Tuesday's exchange rates for Shilling
    22 april 2014 07:07:50
    Dar es Salaam, Tanzania (PANA) - Following are Tuesday's exchange rates for the Tanzania Shilling: Full text...

  • Rwanda: Monday's foreign exchange rates for Rwandan franc
    21 april 2014 20:13:54
    Kigali, Rwanda (PANA) – The following are Monday's exchange rates for the Rwandan franc as issued by the Central Bank of Rwanda. Full text...

  • Mauritius: Monday's forex rates for Rupee
    21 april 2014 10:38:50
    Port-Louis, Mauritius (PANA) - Following are Monday's exchange rates for the Mauritian Rupee: Full text...

  • Mauritania: Monday's exchange rates for Ouguiya
    21 april 2014 10:31:28
    Nouakchott, Mauritania (PANA) - Following are Monday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Libya: Monday's forex rates for Dinar
    21 april 2014 10:29:45
    Tripoli, Libya (PANA) - Following are Monday's exchange rates for the Libyan Dinar: Full text...

  • Nigeria: Control tower fire forces flight suspension to Nigerian city
    21 april 2014 10:03:13
    Lagos, Nigeria (PANA) - All flights to Nigeria's northern city of Kaduna have been suspended after fire gutted the control tower of the airport in the city, according to the Nigerian Airspace Management Agency (NAMA). Full text...

  • Libya: Sunday's forex rates for Libyan Dinar
    20 april 2014 11:37:20
    Tripoli, Libya (PANA) – Following are Sunday's foreign exchange rates for the Libyan Dinar. Full text...

  • Mauritania: Sunday’s foreign exchange rates for Ouguiya
    20 april 2014 10:56:44
    Nouakchott, Mauritania (PANA) – The Mauritanian Ouguiya dropped slightly against the Euro, the CFAF but remained stable against the US dollar, according to the foreign exchanged rates issued by the central bank of Mauritania (BCM). Full text...

  • Libya: Libya to introduce magnetic cards to fight fuel smuggling
    19 april 2014 11:58:19
    Tripoli, Libya (PANA) - The Libyan government is looking to equip citizens with magnetic cards that will be used to purchase fuel in a move to rationalize consumption and, especially, fight against huge smuggling to neighbouring countries, an official statement said in Tripoli on Saturday. Full text...

  • Benin: Africa urged to follow the example of China in development programme
    18 april 2014 22:26:45
    Cotonou, Benin (PANA) – The executive secretary of the Economic Commission for Africa (ECA), Dr Carlos Lopes, has called on African countries to follow the example of China in their development programmes. Full text...

  • Congo: China, Congo to promote cooperation in tourism
    18 april 2014 18:29:47
    Brazzaville, Congo (PANA) – China and Congo have expressed the wish to promote their cooperation in the tourism domain. Full text...

  • Senegal: Friday’s forex rates for the Gambian Dalasis
    18 april 2014 18:08:18
    Dakar, Senegal (PANA) – Following are Friday’s foreign exchange rates for the Gambian currency, the Dalasis: Full text...

  • Nigeria: French auto firm to begin vehicle assembly in Nigeria
    18 april 2014 13:19:09
    Lagos , Nigeria (PANA) - The French firm CFAO Automobile Group has concluded arrangements to begin vehicle assembly operations in its sprawling plants located in Nigeria's commercial city of Lagos, the local media reported Friday. Full text...

  • Cote d'Ivoire: Trading at West African Bourse declines again
    18 april 2014 13:06:15
    Abidjan, Côte d’Ivoire (PANA) - Trading at the West African regional stock exchange (BRVM) ended Thursday on the decline, with the BRVM index 10 falling from 248.13 to 246.87 points, representing a fall of 0.51%. Full text...

  • Mauritius: Friday's forex rates for Rupee
    18 april 2014 08:25:17
    Port-Louis, Mauritius (PANA) - Following are Friday's exchange rates for the Mauritian Rupee: Full text...

  • Zambia: Fuel prices go up as Kwacha depreciates
    18 april 2014 08:14:49
    Lusaka, Zambia (PANA) - The Energy Regulation Board (ERB) in Zambia has announced the increment of fuel prices by an average of 8.3 percent, starting Friday (18 April). Full text...

  • Nigeria: Thursday's foreign exchange rates in Nigeria
    17 april 2014 23:26:03
    Lagos, Nigeria (PANA) - The following are the Thursday's exchange rates for the Nigerian currency, the Naira, against other currencies, as released by the Central Bank of Nigeria (CBN). Full text...

  • Tunisia: Export revenues in industrial sector drop
    17 april 2014 20:53:59
    Tunis, Tunisia (PANA) – Revenues from exports in the manufacturing industry in Tunisia dropped by 4% over the first three months this year, compared to the same period last year, the Tunisian agency for industry and innovation promotion, said on Thursday. Full text...

  • Mali: Financial institutions day to be held 16-18 May in Bamako
    17 april 2014 16:48:46
    Bamako, Mali (PANA) – The 4th edition of the Malian banking and financial institutions days will be held on 16-18 May in Bamako, sources from the professional association of Malian Banking and Financial Institutions (APBEF) told PANA on Thursday. Full text...

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