Economy -
  • Senegal: Saturday's forex rates for the Gambian Dalasis
    13 september 2014 13:55:21
    Dakar, Senegal (PANA) – Following are Saturday's forex rates for the Gambian currency, the Dalasis (D): Full text...

  • Cameroon: IDB gives Cameroon 16.9 billion FCFA for rural electrification
    12 september 2014 20:33:44
    Douala, Cameroon (PANA) - The Islamic Development Bank (IDB) is to give Cameroon 16.9 billion CFA francs for rural electrification projects in the Central African country. Full text...

  • Tunisia: Tunisian population estimated at about 11 million
    12 september 2014 20:15:43
    Tunis, Tunisia (PANA) - The population of Tunisia is estimated at 10,982,754 inhabitants, an increase of 1.03% from the 2004 figure of 9,910,900, according to figures of the 2014 population census released on Friday by the Tunisian National Institute of Statistics (INS). Full text...

  • Gabon: Friday's forex rates in Central Africa
    12 september 2014 13:51:59
    Libreville, Gabon (PANA) Followed are the foreign exchange rates in the Central African States: Full text...

  • Congo: Moroccan economic delegation visits Congo 25 September
    12 september 2014 12:11:16
    Brazzaville, Congo (PANA) - A Moroccan delegation of more than 45 business leaders is expected in Congo 25-26 September to explore with public and private Congolese partners business opportunities in the energy sector, according to an official statement issued here on Friday. Full text...

  • Mali: China grants Mali 26 billion CFA francs for developments
    12 september 2014 12:03:08
    Bamako, Mali (PANA) - Chinese Premier Li Keqiang on Wednesday announced a grant of 18 billion FCFA and an interest-free loan of 8 billion FCFA to Mali, according to reports emanating from China where Malian president Ibrahim Boubacar Keita is currently visiting. Full text...

  • Zambia: Kwacha strengthens, tracks the US dollar
    12 september 2014 10:30:49
    Lusaka, Zambia (PANA) - The Kwacha tracked the general Dollar, strengthening against a basket of currencies by moving south in Thursday's trading session. Full text...

  • Tanzania: IMF seeking resources to shore up Ebola-hit West African economies
    12 september 2014 09:39:50
    Dar es Salaam, Tanzania (PANA) - Beyond the human toll that the Ebola virus disease is exacting on affected West African countries, the outbreak looks set to cause significant harm to the economies of Guinea, Liberia and Sierra Leone, according to William Murray, deputy spokesman of the International Monetary Fund (IMF). Full text...

  • Tanzania: Friday's forex rates for Shilling
    12 september 2014 07:16:50
    Dar es Salaam, Tanzania (PANA) - Following are Friday's exchange rates for the Tanzania Shilling: Full text...

  • Ghana: Friday's exchange rates for Ghana cedi
    12 september 2014 07:08:59
    Accra, Ghana (PANA) - The following are Friday's average inter-bank exchange rates for the Ghana cedi, as announced by the Ghana Association of Bankers: Full text...

  • Nigeria: Thursday's foreign exchange rates in Nigeria
    11 september 2014 22:05:03
    Lagos, Nigeria (PANA) - Following are the latest exchange rates for the Nigerian currency, the Naira, against other currencies, as released by the Central Bank of Nigeria (CBN). Full text...

  • Libya: Libyan oil production likely to return to normal level by year-end
    11 september 2014 16:38:02
    Tripoli, Libya (PANA) – Despite the ongoing fighting in Libya, the country's oil production is expected to return to the normal level of 1.4 million barrels/day by the end of this year, according to National Oil Company (NOC) spokesperson Mohamed al-Harairi. Full text...

  • Mali: IMF mission in Bamako for review of Mali's credit facility
    11 september 2014 16:21:58
    Bamako, Mali (PANA) – Staff of the International Monetary Fund (IMF) arrived in Bamako Thursday on a mission to prepare with Malian authorities a joint review of the country's Extended Credit Facility (ECF) arrangement approved by the IMF Board in December 2013, an official source told PANA. Full text...

  • UN: Rights expert welcomes new General Assembly resolution on debt structuring
    11 september 2014 15:40:42
    New York, US (PANA) - A new UN General Assembly resolution on debt restructuring that will set up a multilateral legal framework for debtor countries to emerge from debt safely, was welcomed by the UN rights expert on the issue as a way forward to "fill the current legal voice and reduce uncertainty". Full text...

  • Tanzania: Millicom ramps up mobile money banking in Tanzania
    11 september 2014 14:37:19
    Dar es Salaam, Tanzania (PANA) - Telecoms company Millicom has stepped up its push to gain ground for its mobile money service in Tanzania, home to over 45 million people, as competition heats up between operators seeking to pounce on the boom of mobile money in three African nations, Pyramid Technology reported Thursday in its daily update. Full text...

  • Senegal: New report says CEOs in Africa optimistic about growth
    11 september 2014 14:21:45
    Dakar, Senegal (PANA) - CEOs in Africa are optimistic about their company’s prospects for revenue growth over the medium term, according to PwC’s ‘Africa Business Agenda, 2014’ report issued Thursday. Full text...

  • Senegal: Thursday's forex rates for Gambian Dalasis
    11 september 2014 12:40:22
    Dakar, Senegal (PANA) – Following are Thursday's foreign exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Mauritania: Thursday's forex rates for Ouguiya
    11 september 2014 12:38:01
    Nouakchott, Mauritania (PANA) – Following are Thursday's foreign exchange rates for the Mauritanian Ouguiya: Full text...

  • Mauritius: Thursday's forex rates in Mauritius
    11 september 2014 12:02:51
    Port-Louis, Mauritius (PANA) - Following are Thursday's exchange rates for the Mauritian Rupee: Full text...

  • UN: UNCTAD reports calls for major changes in global economic governance
    11 september 2014 09:03:12
    New York, US (PANA) - A new UN Conference on Trade and Development (UNCTAD) report has said that, six years after the start of the global economic and financial crisis, the world economy has still not found a sustainable growth path. Full text...

  • Tanzania: IMF Board approves one-year extension of 2012 borrowing agreements
    11 september 2014 08:51:48
    Dar es Salaam, Tanzania (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a one-year extension of the 2012 Borrowing Agreements, noting that these agreements have played a key role in ensuring that the Fund has adequate resources to meet members’ potential needs in the event that tail risks were to materialise. Full text...

  • Tanzania: Thursday's forex rates for Shilling
    11 september 2014 08:32:50
    Dar es Salaam, Tanzania (PANA) - Following are Thursday's exchange rates for the Tanzania Shilling: Full text...

  • Ghana: Thursday's exchange rates for Ghana cedi
    11 september 2014 08:21:25
    Accra, Ghana (PANA) - The following are Thursday's average inter-bank exchange rates for the Ghana cedi, as announced by the Ghana Association of Bankers: Full text...

  • Rwanda: Latest forex rates in Rwanda
    10 september 2014 19:34:08
    Kigali. Rwanda (PANA) - Following are Wednesday's exchange rates for foreign currencies as issued by National Bank of Rwanda: Full text...

  • Gabon: Wednesday's forex rates in Central Africa
    10 september 2014 19:31:04
    Libreville. Gabon (PANA) - Following are Wednesday's exchange rates in the Central African States : Full text...

  • Mauritius: Mauritius to set up a National Export Strategy
    10 september 2014 17:26:22
    Port Louis, Mauritius (PANA) – Mauritian Industry and Commerce Minister Cader Sayed Hossen Wednesday indicated that Mauritius will soon set up a National Export Strategy to address trade opportunities and challenges as a result of erosion of trade preferences in a bid to formulate a roadmap for key sectors with export potential. Full text...

  • Sudan: BADEA holds 74th Coordination Group Meeting in Khartoum
    10 september 2014 13:46:25
    Khartoum, Sudan (PANA) - The Arab Bank for Economic Development in Africa (BADEA) will hold the 74th meeting of the Coordination Group of Arab National and Regional Developmental Institutions in Khartoum, the Sudanese capital, from 15-17 September, 2014. Full text...

  • Senegal: Wednesday's forex rates for Gambian Dalasis
    10 september 2014 12:13:03
    Dakar, Senegal (PANA) - Following are Wednesday's exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Mauritania: Wednesday’s forex rates for Ouguiya
    10 september 2014 12:11:43
    Nouakchott, Mauritania (PANA) - Following are the latest exchange rates for the Mauritanian Ouguiya, as published here Wednesday by the nation’s central bank: Full text...

  • Mauritius: Wednesday's exchange rates for Mauritian rupee
    10 september 2014 11:06:06
    Port-Louis, Mauritius (PANA) - Following are Wednesday's exchange rates for the Mauritian rupee, as published by the Mauritian commercial bank: Full text...

  • Ghana: Wednesday's exchange rates for Ghana cedi
    10 september 2014 09:10:23
    Accra, Ghana (PANA) - The following are Wednesday's average inter-bank exchange rates for the Ghana cedi, as announced by the Ghana Association of Bankers: Full text...

  • Zambia: Wednesday’s exchange rates for Kwacha
    10 september 2014 09:08:58
    Lusaka, Zambia (PANA) - Following are Wednesday's exchange rates for the Zambian kwacha, as released by the Bank of Zambia: Full text...

  • Tanzania: Wednesday's forex rates for Shilling
    10 september 2014 07:58:20
    Dar es Salaam, Tanzania (PANA) - Following are Wednesday's exchange rates for the Tanzania Shilling: Full text...

  • Nigeria: Tuesday's foreign exchange rates for Naira
    09 september 2014 20:19:23
    Lagos, Nigeria (PANA) - Following are Tuesday's exchange rates for the Nigerian currency,the Naira, as released by Central Bank of Nigeria(CBN): Full text...

  • Mauritania: Senegal needs over 700,000 sheep for Tabaski festival
    09 september 2014 17:53:53
    Nouakchott, Mauritania (PANA) – Senegalese Animal Husbandry and Resources Minister, Mrs Aminata M’Bengue N’Diaye said here Tuesday that her country needs more than 700,000 sheep for the next Muslim Tabaski festival. Full text...

  • Cote d'Ivoire: Trading at West African Bourse rises
    09 september 2014 12:48:34
    Abidjan, Cote d’Ivoire (PANA) - Trading at the West African regional stock exchange, BRVM, ended Monday on the rise with the BRVM Index 10 inching up from 262.51 to 263.97 points, representing a rise of 0.56%. Full text...

  • Zambia: Tuesday’s exchange rates for Kwacha
    09 september 2014 11:58:46
    Lusaka, Zambia (PANA) - Following are Tuesday's exchange rates for the Zambian kwacha, as released by the Bank of Zambia: Full text...

  • Senegal: Tuesday's forex rates for Gambian Dalasis
    09 september 2014 11:57:12
    Dakar, Senegal (PANA) - Following are Tuesday's forex rates for the Gambian currency, the Dalasis (D): Full text...

  • Mauritania: Tuesday's forex rates for Ouguiya
    09 september 2014 11:55:10
    Nouakchott, Mauritania (PANA) - Following are Tuesday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Egypt: Ecobank concludes US$200m, Afreximbank-supported bond issuance
    09 september 2014 11:02:08
    Cairo, Egypt (PANA) - Ecobank Nigeria, member of the Pan African Ecobank group, has successfully concluded a US$200 million bond issuance aimed at raising needed capital for its operations, with advisory services provided by the African Export-Import Bank (Afreximbank). Full text...

  • Ghana: Tuesday's exchange rates for Ghana cedi
    09 september 2014 10:03:39
    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...

  • Tanzania: Barthi Airtel's sale of towers in Nigeria to raise US$1bn
    09 september 2014 09:25:56
    Dar es Salaam, Tanzania (PANA) - Barthi Airtel, India's leading mobile operator, is expected to reach an agreement on the sale of its telecom towers in Nigeria for more than US$1 billion within the next three weeks, said a news update released by Pyramid Research. Full text...

  • Mauritius: Tuesday's forex rates for Rupee
    09 september 2014 08:34:44
    Port-Louis, Mauritius (PANA) - Following are Tuesday's exchange rates for the Mauritian Rupee: Full text...

  • Tanzania: Angola’s growth set to rally after dip in oil output - IMF staff report
    09 september 2014 08:33:41
    Dar es Salaam, Tanzania (PANA) - Lower oil production is set to cut Angola’s economic growth in 2014, before a rebound in the oil industry boosts growth next year, the International Monetary Fund (IMF) said Tuesday in its latest assessment of the southern African nation's economy. Full text...

  • Tanzania: Tuesday's forex rates for Shilling
    09 september 2014 07:49:47
    Dar es Salaam, Tanzania (PANA) - Following are Tuesday's foreign exchange rates for the Tanzania Shilling: Full text...

  • Nigeria: Monday's foreign exchange rates in Nigeria
    08 september 2014 22:31:34
    Lagos, Nigeria (PANA) - Here are the latest exchange rates for the Nigerian currency, the Naira, against other currencies, as released by the Central Bank of Nigeria (CBN). Full text...

  • Zambia: Kwacha likely to remain stable this week
    08 september 2014 15:19:44
    Lusaka, Zambia (PANA) – The Kwacha, which closed the week on a stable note, is anticipated to trade within the seen levels this week with a bias towards a bullish run, according to Cavmont Bank. Full text...

  • Ghana: Monday's forex rates for Ghana cedi
    08 september 2014 15:16:22
    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...

  • Tunisia: Conference on investment opens in Tunisia
    08 september 2014 14:27:28
    Tunis, Tunisia (PANA) – Many participants from several American, European, African and Arab Gulf countries are taking part in the conference on investment that opened Monday morning in the Tunisian capital, Tunis, on the theme “Invest in Tunisia, a country of growing democracy”, official sources told PANA here. Full text...

  • Nigeria: ‘Services sector is highest contributor to Nigeria’s GDP’
    08 september 2014 13:52:08
    Lagos, Nigeria (PANA) - The services sector accounted for the largest share of Nigeria’s real Gross Domestic Product (GDP) in the second quarter of 2014, amounting to 8.5 billion naira (about 160 naira = US$1) or 53.15%, according to a statement from the National Bureau of Statistics (NBS), made available to PANA here on Monday. Full text...

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