Economy -
  • Bank of Mauritius signs MoU with China Banking and Insurance Regulatory Commission
    23 january 2019 15:02:55
    Port Louis, Mauritius (PANA) - The Bank of Mauritius on Wednesday signed a Memorandum of Understanding (MoU) with China Banking and Insurance Regulatory Commission on cooperation and information sharing in the area of banking supervision, officials here told PANA. Full text...

  • Wednesday's forex rates for the Mauritanian Ouguiya
    23 january 2019 10:52:53
    Nouakchott, Mauritania (PANA) – Following are Wednesday’s exchange rates for the Mauritanian Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Wednesday’s forex rates for the Gambian Dalasi
    23 january 2019 10:01:27
    Banjul, Gambia (PANA) – The following are Wednesday’s foreign exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

  • Wednesday's forex rates for Rwandan Franc
    23 january 2019 09:04:04
    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...

  • Wednesday's forex rates for the CFA Franc in Central Africa
    23 january 2019 08:42:19
    Libreville, Gabon (PANA) – Following are Wednesday’s foreign exchange rates for the CFA Franc, as issued by the Bank of Central African States. Full text...

  • Wednesday's forex rates for the Mauritian Rupee
    23 january 2019 08:39:20
    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...

  • Nigeria's central bank retains monetary policy rate at 14% for 15th consecutive time
    22 january 2019 17:10:31
    Abuja, Nigeria (PANA) – For the 15th consecutive time, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday left the Monetary Policy Rate (MPR) unchanged at 14 per cent for the month of January. Full text...

  • IMF outlook indicates over 5 percent growth of Sub-Saharan economies in 2019-20
    22 january 2019 13:58:48
    Dar es Salaam, Tanzania (PANA) – Growth in sub-Saharan Africa is expected to pick up from 2.9 percent in 2018 to 3.5 percent in 2019, and 3.6 percent in 2020, according to World Economic Outlook (WEO) Update released on Tuesday by the International Monetary Fund (IMF). Full text...

  • Kenya Airways launches flights to Geneva
    22 january 2019 12:49:48
    Nairobi, Kenya (PANA) - Kenya Airways announced Tuesday that it plans to launch four weekly flights from Nairobi to Rome and Geneva, using its Boeing 787 Dreamliner, in June this year. Full text...

  • Tuesday's forex rates for Rwandan Franc
    22 january 2019 11:59:07
    Kigali, Rwanda (PANA) - The following are Tuesday's foreign exchange rates for the Rwandan franc, as issued by the National Bank of Rwanda. Full text...

  • Tuesday's forex rates for the Mauritanian Ouguiya
    22 january 2019 10:51:25
    Nouakchott, Mauritania (PANA) – Following are Tuesday’s exchange rates for the Mauritanian Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Tuesday's forex rates for the Mauritian Rupee
    22 january 2019 08:40:14
    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...

  • Tuesday’s forex rates for the Gambian Dalasi
    22 january 2019 08:36:30
    Banjul, Gambia (PANA) – The following are Tuesday’s foreign exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd. Full text...

  • Niger, Benin to interconnect their customs systems
    21 january 2019 21:51:20
    Niamey, Niger (PANA) - Niger and Benin customs departments are to launch the electronic customs interconnection between the two countries, Niger's Director General of Customs, Colonel Amadou Petito Oumarou, announced on Monday. Full text...

  • Mauritania launches desalination project to improve access to drinking water
    21 january 2019 21:42:21
    Nouakchott, Mauritania (PANA) - Mauritanian President Mohamed Ould Abdel Aziz on Monday kicked off the first phase of a project to build a desalination plant in the city of Nouadhibou, 465 km north of Nouakchott, to boost water production. Full text...

  • Global economy to see ‘steady’ growth of three per cent in 2019 despite risks, says UN
    21 january 2019 20:58:27
    New York, US (PANA) - The global economy grew at a “steady” 3.1 per cent last year and similar levels of growth are expected in 2019, but these headline figures mask growth that is uneven and often failing to reach where it is most needed, the UN’s chief economist warned on Monday. Full text...

  • Cameroon to issue 7 billion CFA francs Treasury bills
    21 january 2019 18:33:55
    Yaoundé, Cameroon (PANA) - The Cameroonian Public Treasury will issue next Wednesday, by auctioning 26-week Assimilable Treasury Bills (BTA), worth 7 billion CFA francs, according to the Bank of Central African States. Full text...

  • Trans-Gambia Bridge, symbol of African integration – Gambian minister
    21 january 2019 12:30:26
    Banjul, Gambia (PANA) - Gambia’s Tourism minister, Hamat N.K Bah, on Monday described the realisation of the Trans-Gambia Bridge project as “a symbol of African integration.” Full text...

  • Monday's forex rates for the CFA Franc in Central Africa
    21 january 2019 10:38:27
    Libreville, Gabon (PANA) – Following are Monday’s foreign exchange rates for the CFA Franc, as issued by the Bank of Central African States. Full text...

  • Monday's forex rates for Rwandan Franc
    21 january 2019 09:30:11
    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...

  • UNDP selects Zambia for SDGs pilot project
    21 january 2019 09:11:45
    Lusaka, Zambia (PANA) – The United Nations Development Programme (UNDP) has selected Zambia as one of the 60 pilot countries for Sustainable Development Goals (SDGs) accelerator laboratories on innovative initiative. Full text...

  • Monday’s forex rates for the Gambian Dalasi
    21 january 2019 07:38:56
    Banjul, Gambia (PANA) – The following are Monday’s foreign exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

  • Mali produced 61 tons of gold in 2018 - Ministry
    19 january 2019 14:22:28
    Bamako, Mali (PANA) - Mali produced about 61 tons of gold in 2018, 11 tons more than the figure produced the previous year, according to the Ministry of Mines and Petroleum. Full text...

  • Saturday’s forex rates for Gambian Dalasi
    19 january 2019 07:35:18
    Banjul, Gambia (PANA) – The following are Saturday’s foreign exchange rates for the Gambian Dalasi (D), as published by Trust Bank Gambia Ltd: Full text...

  • BRMV urges Africa to open up its financial markets
    18 january 2019 21:25:23
    Dakar Senegal (PANA) - The director of the Regional Stock Exchange (BRVM), Edoh Kossi Amenounve, on Friday stressed the need for Africa to have strong and integrated stock exchanges to improve the market access to local private capital. Full text...

  • Niger launches Tahoua-Sanam road project
    18 january 2019 20:16:33
    Niamey, Niger (PANA) - Niger's President Issoufou Mahamadou, on Friday launched the 140 km-long Tahoua-Sanam road, financed by the Islamic Development Bank (IDB) for 29 billion CFA francs. Full text...

  • Mauritius, Mozambique sign MoU on tourism
    18 january 2019 19:26:33
    Port-Louis, Mauritius (PANA) – Mauritius and Mozambique will sign a Memorandum of Understanding (MoU) in the field of tourism, a PANA correspondent reported from Port-Louis, quoting an official communiqué issued Friday. Full text...

  • Friday's forex rates for Rwandan Franc
    18 january 2019 11:36:54
    Kigali, Rwanda (PANA) - The following are Friday's foreign exchange rates for the Rwandan franc, as issued by the National Bank of Rwanda. Full text...

  • Friday's forex rates for the Mauritanian Ouguiya
    18 january 2019 11:02:58
    Nouakchott, Mauritania (PANA) – Following are Friday’s exchange rates for the Mauritanian Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Friday's forex rates for the CFA Franc in Central Africa
    18 january 2019 09:50:50
    Libreville, Gabon (PANA) – Following are Friday’s foreign exchange rates for the CFA Franc, as issued by the Bank of Central African States. Full text...

  • Friday’s forex rates for the Gambian Dalasi
    18 january 2019 09:41:58
    Banjul, Gambia (PANA) – The following are Friday’s foreign exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

  • UNESCO ready to support Congo's tourism
    18 january 2019 09:16:14
    Brazzaville, Congo (PANA) - The United Nations Educational, Scientific and Cultural Organization (UNESCO) in Congo is prepared to support Congo's efforts to develop its tourism to strengthen its national economy. Full text...

  • Friday's forex rates for the Mauritian Rupee
    18 january 2019 09:11:46
    Port-Louis, Mauritius (PANA) - Following are Friday's foreign exchange rates for the Mauritian Rupee as issued by the Commercial Bank of Mauritius. Full text...

  • EU, IMF sign agreement to financing Africa regional centre
    17 january 2019 21:01:49
    Ebene, Mauritius (PANA) - The European Union (EU) and the International Monetary Fund (IMF) on Thursday signed an agreement to finance the second phase of the Regional Technical Assistance Centre for Southern Africa (AFRITAC South – AFS) Phase 11 to the tune of about US$23.5 million) at the Africa Training Institute in Ebène, south of the capital, Port-Louis. Full text...

  • President Barrow inaugurates Trans-Gambia Bridge Monday
    17 january 2019 20:52:58
    Dakar, Senegal, (PANA) – Gambian President Adama Barrow alongside with his Senegalese counterpart Macky Sall will on Monday preside over the inauguration of the much anticipated Trans-Gambia Bridge, the Gambian presidency said on Thursday. Full text...

  • Thursday's forex rates for the Mauritanian Ouguiya
    17 january 2019 11:22:06
    Nouakchott, Mauritania (PANA) - Following are Thursday's foreign exchange rates for the Mauritanian Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Thursday's forex rates for Rwandan Franc
    17 january 2019 10:17:50
    Kigali, Rwanda (PANA) - The following are Thursday's foreign exchange rates for the Rwandan franc, as issued by the National Bank of Rwanda. Full text...

  • Cote d'Ivoire introduces model to improve business
    17 january 2019 09:32:52
    Abidjan, Cote d'Ivoire (PANA) - The Ivorian government on Wednesday adopted a model for the creation and improvement of business in the West African country. Full text...

  • Thursday's forex rates for the Mauritian Rupee
    17 january 2019 08:16:04
    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...

  • Thursday’s forex rates for the Gambian Dalasi
    17 january 2019 08:01:58
    Banjul, Gambia (PANA) – The following are Thursday’s foreign exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

  • Congo launches single window in Likouala to boost State revenue
    16 january 2019 21:39:56
    Brazzaville, Congo (PANA) - The Congolese government has launched a single window for goods clearance at Impfondo, Mokabi and Bétou, in the Likouala region, in the far north, to boost the country's revenue and streamline its spending to have a single point of all formalities related to customs clearance. Full text...

  • Tunisia obtains 500-million-dollar credit from Saudi Arabia
    16 january 2019 19:47:20
    Tunis, Tunisia (PANA) - Saudi Arabia has granted a credit of 500 million dollars to Tunisia on "preferential terms", the Tunisian Ministry of Finance announced here on Wednesday. Full text...

  • Tunisian FM calls on Spanish businessmen to invest in Tunisia
    16 january 2019 19:05:47
    Tunis, Tunisia (PANA) - The Tunisian Foreign Minister, Khemaies Jhinaoui, has invited Spanish businessmen to invest in Tunisia to benefit from the advantages and opportunities offered by the Tunisian economy. Full text...

  • CADB President announces continuation of reforms to improve bank performance
    16 january 2019 18:53:44
    Brazzaville, Congo (PANA) - The President of the Central African Development Bank (CADB), Fortunato Mbo Nchama, has announced the continuation of a reform process aimed at improving the performance of the sub-regional financial institution . Full text...

  • Nigeria's Inflation rate rises by 0.16 per cent to 11.44 per cent
    16 january 2019 18:44:43
    Abuja, Nigeria (PANA) – Nigeria’s National Bureau of Statistics (NBS) on Wednesday said that the Consumer Price Index (CPI), which measures inflation, increased to 11.44 percent in December 2018. Full text...

  • ENI investments in Egypt estimated at US$ 13 billion in three years
    16 january 2019 17:55:01
    Cairo, Egypt (PANA) - Italian energy giant ENI's investment in Egypt is estimated at US$13 billion in the last three years, the president of the company, Claudio Descazi, gave this indication during a meeting with the Egyptian Prime Minister, Mustapha Medloubi, on Wednesday. Full text...

  • IFC provides US$1.7m support to improve business climate in Mauritania
    16 january 2019 13:05:50
    Nouakchott, Mauritania (PANA) - The International Finance Corporation, a lending arm of the World Bank for development projects in developing countries, will provide Mauritania technical and financial support of about US$1.7 million, according to an agreement signed here on Tuesday by Economy and Finance minister Moctar Ould Diaye and the IFC Director for West and Central Africa, Dr. Aliou Maiga. Full text...

  • Wednesday's forex rates for the Mauritanian Ouguiya
    16 january 2019 11:19:09
    Nouakchott, Mauritania (PANA) – Following are Wednesday’s exchange rates for the Mauritanian Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Wednesday's forex rates for Rwandan Franc
    16 january 2019 10:58:41
    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...

  • Wednesday’s forex rates for the Gambian Dalasi
    16 january 2019 09:50:47
    Banjul, Gambia (PANA) – The following are Wednesday’s foreign exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

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