Economy -
  • Mozambique: IMF team finds Mozambique in challenging economic situation
    29 september 2016 19:28:29
    Maputo, Mozambique (PANA) - Mozambique faces a challenging economic environment, with its growth on a declining path and inflation having risen sharply to 21 percent on a year-on-year basis in August, a staff team of the International Monetary Fund (IMF) disclosed Thursday at the conclusion of an eight-day visit to the country. Full text...

  • Mauritius: Bank of China starts operation in Mauritius
    29 september 2016 18:34:41
    Port-Louis, Mauritius (PANA) – The Bank of China on Thursday started operation in Mauritius after obtaining an official licence on 18 March 2016 to undertake banking business in the island. Full text...

  • UN: WTO stresses need for accessible tourism
    29 september 2016 14:40:49
    New York, US (PANA) - The Secretary-General of the UN World Tourism Organization (WTO), Mr. Taleb Rifai, has stressed the need for the tourism sector to be more accessible for people with disabilities, old persons and families. Full text...

  • Burkina Faso : 11th int'l tourism, hotel industry fair opens in Ouagadougou
    29 september 2016 14:25:13
    Ouagadougou, Burkina Faso (PANA) – The 11th edition of the international tourism and hotel industry fair of Ouagadougou (SITHO) opened here on Thursday on the theme: "Practice of tourism and education" organisers told PANA. Full text...

  • Mauritania: Thursday's exchange rates for the Ouguiya
    29 september 2016 14:13:33
    Nouakchott, Mauritania (PANA) – Following are Thursday's exchange rates for the Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Mauritius: Thursday's forex rates for Rupee
    29 september 2016 14:10:08
    Port-Louis, Mauritius (PANA) – Following are Thursday's foreign exchange rates for the Rupee, as issued by the Commercial bank of Mauritius. Full text...

  • US: UN spotlights role of maritime transport as backbone of global economy
    29 september 2016 14:05:58
    New York, US (PANA) – The importance of shipping in supporting and sustaining today's global society makes it indispensable to the world and to meeting the challenges of the sustainable development agenda, top UN officials declared Thursday, as the international community marked the World Maritime Day. Full text...

  • Ethiopia: ECA Executive Secretary Carlos Lopes steps down
    29 september 2016 10:11:26
    Addis Ababa, Ethiopia (PANA) - The UN Economic Commission for Africa (ECA) Executive Secretary Carlos Lopes has stepped down after serving four years at the helm of the organisation tasked with championing economic development in Africa, his office said on Thursday. Full text...

  • Mali: IMF says fragile security threatens Mali's robust growth
    29 september 2016 08:38:15
    Bamako, Mali (PANA) - Mali’s economy continues to grow at a strong pace, with a projected GDP growth of 5.4 percent for 2016, according to an International Monetary Fund (IMF) staff team that has just concluded its visit to the West African country. Full text...

  • Senegal: Thursday's forex rates for the Gambian Dalasi
    29 september 2016 06:26:04
    Dakar, Senegal (PANA) – The following are Thursday’s exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

  • Ghana: Thursday's exchange rates for Ghana cedi
    29 september 2016 05:04:24
    Accra, Ghana (PANA) - The following are Thursday's average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Tanzania: President Magufuli inaugurates new planes of Air Tanzania
    28 september 2016 19:57:23
    Dar es Salaam, Tanzania (PANA) - Tanzanian President John Pombe Magufuli on Wednesday inaugurated two new passenger aircraft of Bombardier Dash 8 Q400 type, which his government purchased from Canada for use by Air Tanzania Company (ATCL). Full text...

  • São Tomé and Príncipe: Inflationary pressure compounds supply constraints in São Tomé and Príncipe
    28 september 2016 17:55:23
    São Tomé, São Tomé and Príncipe (PANA) - Delays in external financing ahead of the July 2016 presidential election and the run-off in August 2016, impacted negatively on the execution of externally-financed investment projects, supply constraints resulting from ongoing pressures on foreign exchange supply, and lackluster credit growth in São Tomé and Príncipe, according to staff of the International Monetary Fund (IMF). Full text...

  • Kenya: Kenya ratifies EPA to continue key flower exports to EU
    28 september 2016 17:14:36
    Nairobi, Kenya (PANA) - Kenya has ratified an international trade agreement with the European Union (EU) despite the opposition to the deal by some East African states, paving the way for continued trade with Brussels, the country's foreign minister said Wednesday. Full text...

  • Mauritania: Wednesday's forex rates for Ouguiya
    28 september 2016 14:39:45
    Nouakchott, Mauritania (PANA) – Following are Wednesday's foreign exchange rates for the Ouguiya, as issued by the Central Bank of Mauritania (BCM). Full text...

  • Gabon: Wednesday's exchange rates for CFA Franc in Central Africa
    28 september 2016 10:19:22
    Libreville, Gabon (PANA) – Following are Wednesday's exchange rates for the CFA Franc, as issued by the Bank of Central African States (BEAC). Full text...

  • Mauritius: Wednesday's forex rates for Rupee
    28 september 2016 08:37:18
    Port-Louis, Mauritius (PANA) – Following are Wednesday's foreign exchange rates for the Mauritian Rupee, as issued by the Commercial Bank of Mauritius. Full text...

  • Senegal: Wednesday's forex rates for the Gambian Dalasi
    28 september 2016 06:43:00
    Dakar, Senegal (PANA) – The following are Wednesday’s exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

  • Ghana: Wednesday's exchange rates for Ghana cedi
    28 september 2016 05:39:36
    Accra, Ghana (PANA) - The following are Wednesday's exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • UN: African island nations harness 'blue' economy for development
    27 september 2016 13:40:13
    New York, US (PANA) - Addressing the UN General Assembly in New York, two small island nations in Africa have stressed that among the many challenges they face, harnessing the transformative power of the seas and building the ocean-based economy are of fundamental importance for their countries’ survival and sustainable growth. Full text...

  • Mauritania: Tuesday's forex rates for Ouguiya
    27 september 2016 10:00:52
    Nouakchott, Mauritania (PANA) – Following are Tuesday's exchange rates for the Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Mauritius: Tuesday's forex rates for Mauritian Rupee
    27 september 2016 08:19:48
    Port-Louis, Mauritius (PANA) – Following are Tuesday's foreign exchange rates for the Mauritian Rupee, as issued by the Commercial Bank of Mauritius. Full text...

  • Senegal: Tuesday's forex rates for the Gambian Dalasi
    27 september 2016 06:27:34
    Dakar, Senegal (PANA) – The following are Tuesday’s exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

  • Ghana: Tuesday's exchange rates for Ghana cedi
    27 september 2016 05:49:58
    Accra, Ghana (PANA) - The following are Tuesday's average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Nigeria: AfDB to give Nigeria US$10 billion cumulative loans, investments to fight recession
    26 september 2016 18:29:52
    Abuja, Nigeria (PANA) – In a bid to help Nigeria out of its recession, the African Development Bank (AfDB) has offered the West African country an immediate grant of US$1billion as budget support, cumulative loans and financial investments of US$10 billion between now and 2019. Full text...

  • Nigeria: Nigeria will fulfil obligations to ECOWAS Bank depite ... - says Buhari
    26 september 2016 18:15:05
    Abuja, Nigeria (PANA) – Despite the economic downturn, caused largely by fallen prices of oil in the international market, President Muhammadu Buhari on Monday said that Nigeria will fulfill its obligations to the ECOWAS Bank for Investment and Development (EBID). Full text...

  • Sudan: BADEA Board to approve new budget for sub-Saharan Africa
    26 september 2016 11:00:00
    Khartoum, Sudan (PANA) - The Khartoum-based Arab Bank for Economic Development in Africa (BADEA) is meeting this week to decide on a new budget for its sub-Sahara African clients. Full text...

  • Rwanda: Monday's exchange rates for Rwandan franc
    26 september 2016 08:04:50
    Kigali, Rwanda (PANA) - The following are Monday's foreign exchange rates for the Rwandan Franc as issued by the National Bank of Rwanda. Full text...

  • Senegal: Monday's forex rates for the Gambian Dalasi
    26 september 2016 06:40:07
    Dakar, Senegal (PANA) – The following are Monday’s exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia ltd: Full text...

  • Ghana: Monday's exchange rates for Ghana cedi
    26 september 2016 05:49:58
    Accra, Ghana (PANA) - The following are Monday's average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • US: American, African trade officials hold talks on AGOA
    23 september 2016 15:19:10
    New York, US (PANA) - Senior American and African trade officials will meet next week in Washington DC, US, for the 2016 Africa Growth and Opportunity Act (AGOA) Forum, which serves as an annual event to review and discuss ways of enhancing trade and investment between US and African markets. Full text...

  • Mauritania: Friday's forex rates for Ouguiya
    23 september 2016 15:13:21
    Nouakchott, Mauritania (PANA) – Following are Friday's exchange rates for the Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Mauritius: Friday's exchange rates for Rupee
    23 september 2016 14:37:59
    Port-Louis, Mauritius (PANA) – Following are Friday's foreign exchange rates for the Rupee, as issued by the Commercial Bank of Mauritius. Full text...

  • Senegal: Friday's forex rates for the Gambian Dalasi
    23 september 2016 06:30:57
    Dakar, Senegal (PANA) – The following are Friday’s exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

  • Ghana: Friday's exchange rates for Ghana cedi
    23 september 2016 05:46:23
    Accra, Ghana (PANA) - The following are Friday's average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Senegal: Businesses in Nigeria face challenging times – Sage Director
    22 september 2016 16:26:26
    Dakar, Senegal (PANA) - With the Nigerian economy in recession, support for small and medium businesses could be one of the key ingredients to carrying the country through the tough times, Magnus Nmonwu, Regional Director for Sage in West Africa, declared on Thursday. Full text...

  • Kenya: 'Unchecked inequalities could threaten SDGs' - Report
    22 september 2016 14:37:15
    Nairobi, Kenya (PANA) - A new report has warned that unchecked inequalities could jeopardize the sustainability of economies, societies and communities, undermining efforts to achieve the Sustainable Development Goals (SDGs) by 2030. Full text...

  • Gabon: Thursday's forex rates for CFA Franc
    22 september 2016 11:17:49
    Libreville, Gabon (PANA) - The following are Thursday's foreign exchange rates for the CFA Franc in Central Africa as issued by the Bank of the Central African States. Full text...

  • Mauritius: Thursday's forex rates for Mauritian Rupee
    22 september 2016 11:12:52
    Port-Louis, Mauritius (PANA) – Following are Thursday's foreign exchange rates for the Mauritian Rupee, as issued by the Commercial Bank of Mauritius. Full text...

  • Senegal: Thursday's forex rates for the Gambian Dalasi
    22 september 2016 06:30:10
    Dakar, Senegal (PANA) – The following are Thursday’s exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

  • Ghana: Thursday's exchange rates for the Ghana cedi
    22 september 2016 05:28:25
    Accra, Ghana (PANA) - The following are Thursday's average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • UN: Mugabe stresses need for proper SDGs implementation
    21 september 2016 17:53:24
    New York, US (PANA) - Zimbabwe's President Robert Mugabe on Wednesday said compromises or half-measures, which were unavoidable, even inevitable, in developing the 2030 Agenda for Sustainable Development, have no place in its implementation phase. Full text...

  • Sudan: Sudan suspends fish, vegetable imports from Egypt
    21 september 2016 17:34:38
    Khartoum, Sudan (PANA) - Sudan's Ministry of Commerce has ordered a temporary suspension of imports of vegetables, fruits and fish from Egypt citing consumers' health safety as the main reason. Full text...

  • UN: Ghanaian leader says Africa needs fair trade, not sympathy or aid
    21 september 2016 17:17:47
    New York, US (PANA) - What Africa needs is not development assistance from developed countries but a fair chance to trade with the rest of the world, Ghana's President John Dramani Mahama told the UN General Assembly in New York on Wednesday. Full text...

  • UN: Southern African leaders stress regional efforts for sustainable development
    21 september 2016 16:05:35
    New York, US (PANA) - Southern African leaders addressing the UN General Assembly on Wednesday stressed the importance of regional efforts, as well as working with the African Union (AU) to realize a better and sustainable future for all. Full text...

  • UN: Senegalese, Ugandan leaders urge more investments in Africa
    21 september 2016 15:26:29
    New York, US (PANA) - Senegalese President Macky Sall and Ugandan President Yoweri Museveni have called for more investments in Africa to ensure fair and sustainable development for its people. Full text...

  • Rwanda: Wednesday's exchange rates for Rwandan franc
    21 september 2016 15:15:07
    Kigali, Rwanda (PANA) - The following are Wednesday's foreign exchange rates for the Rwandan Franc as issued by the National Bank of Rwanda. Full text...

  • Mauritius: Potential investors' meeting in Mauritius explores opportunities in Africa
    21 september 2016 12:57:24
    Balaclava, Mauritius (PANA) – Mauritian Finance Minister Pravind Jugnauth has said Africa is the future but it “has far to go and a lot to achieve in terms of development, less poverty and more sustainable growth" in order to transform itself into a land of prosperity. Full text...

  • Mauritius: Wednesday's forex rates for Ouguiya
    21 september 2016 10:53:39
    Nouakchott, Mauritania (PANA) – Following are Wednesday's foreign exchange rates for the Ouguiya, as issued by the Central Bank of Mauritania (BCM). Full text...

  • Mauritius: Wednesday's forex rates for Mauritian Rupee
    21 september 2016 08:43:12
    Port-Louis, Mauritius (PANA) – Following are Wednesday's foreign exchange rates for the Mauritian Rupee, as issued by the Commercial Bank of Mauritius. Full text...

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