Economy -
  • Nigeria aims at single digit inflation in 2018
    22 november 2017 18:44:42
    Abuja, Nigeria (PANA) – Central Bank of Nigeria (CBN) Governor Godwin Emefiele on Wednesday said the apex bank is on course to realise its target of bringing the country’s inflation rate down to single digits by next year. Full text...

  • Mauritania: Wednesday's forex rates for Mauritanian Ouguiya
    22 november 2017 12:08:54
    Nouakchott, Mauritania (PANA) - Following are Wednesday’s exchange rates for the Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Wednesday's forex rates for the Mauritian Rupee
    22 november 2017 08:07:27
    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...

  • Wednesday’s forex rates for the Gambian Dalasi
    22 november 2017 07:20:09
    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 exchange rates for Tanzania Shilling
    22 november 2017 06:47:04
    Dar es Salaam, Tanzania (PANA) - The following are Wednesday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • Wednesday's exchange rates for Ghana cedi
    22 november 2017 05:16:19
    Accra, Ghana (PANA) - The following are Wednesday's average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Nigeria retains monetary policy rate at 14 per cent
    21 november 2017 19:01:50
    Abuja, Nigeria (PANA) – Nigeria’s Monetary Policy Committee (MPC) has for the eighth consecutive time retained the monetary policy rate at 14 per cent due to persistently uncertain economic conditions and high inflation. Full text...

  • Nigeria, US sign MoU on commercial investment instrument
    21 november 2017 18:07:34
    Abuja, Nigeria (PANA) – Nigeria and the United States of America on Tuesday signed a Memorandum of Understanding (MoU) on an investment instrument titled US-Nigeria Commercial Investment Dialogue (CID), designed to deepen commercial and investment ties between the two countries. Full text...

  • Nigeria, Japan sign agreement on economic, social development aid projects
    21 november 2017 17:58:14
    Abuja, Nigeria (PANA) – Nigeria and Japan on Tuesday signed a grant aid project on economic and social development worth N642 million ($1=N305). Full text...

  • Tuesday's exchange rates for Mauritanian Ouguiya
    21 november 2017 12:15:57
    Nouakchott, Mauritania (PANA) - Following are Tuesday’s exchange rates for the Mauritanian Ouguiya, as issued by the central bank of Mauritania. Full text...

  • AU celebrates Africa Industrialization Day with plan to accelerate growth
    21 november 2017 12:12:21
    Addis Ababa, Ethiopia (PANA) - The African Union (AU) has identified the development of Special Economic Zones as part of projects to be pursued by member states to deepen industrialisation. Full text...

  • Gabon: Tuesday's forex rates for CFAF in Central Africa
    21 november 2017 11:03:42
    Libreville, Gabon (PANA) - Following are Tuesday’s exchange rates for the CFA Franc, as issued by the Bank of Central African States. Full text...

  • Tuesday's exchange rates for Mauritian Rupee
    21 november 2017 10:33:21
    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 exchange rates for Ghana cedi
    21 november 2017 06:39:21
    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...

  • UN chief stresses 'mutually supportive' nature of Africa's free trade, industrialization
    20 november 2017 20:52:55
    New York, USA (PANA) – Africa's industrial development and proposed continental free trade would complement each other, United Nations Secretary-General António Guterres said on Monday, marking the UN-proclaimed day for Africa's industrialization. Full text...

  • Sudan moves to stamp out funding for terrorists
    20 november 2017 19:49:03
    Khartoum, Sudan (PANA) - Dealers in currency black market in Sudan, including those who smuggle gold and subsidized commodities to neighbouring countries risk to face charges of funding terrorism, the government announced on Monday. Full text...

  • Nigeria's economy registers 1.4 per cent growth in Q3 2017
    20 november 2017 17:49:58
    Abuja, Nigeria (PANA) – Nigeria’s National Bureau of Statistics (NBS) on Monday announced that the nation’s economic growth accelerated in the third quarter as the economy grew by 1.4 per cent year-on-year in real terms in the third quarter of 2017. Full text...

  • AU experts in crucial session on ending internet shutdowns, cyber security
    20 november 2017 17:25:42
    Addis Ababa, Ethiopia (PANA) - An expert session to discuss the governance of the internet in Africa kicked off at the African Union (AU) Commission on Monday, aiming to achieve broad consensus on ending the shutdown of the internet because of its economic consequences. Full text...

  • Monday's forex rates for Rwandan Franc
    20 november 2017 11:31:41
    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...

  • Monday’s forex rates for the Gambian Dalasi
    20 november 2017 11:28:37
    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...

  • Monday's forex rates for the Mauritian Rupee
    20 november 2017 08:30:39
    Port-Louis, Mauritius (PANA) - Following are Monday’s foreign exchange rates for the Mauritian Rupee, as issued by the Commercial Bank of Mauritius. Full text...

  • Monday's exchange rates for Ghana cedi
    20 november 2017 06:35:46
    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...

  • Monday's exchange rates for Tanzania Shilling
    20 november 2017 06:32:16
    Dar es Salaam, Tanzania (PANA) - The following are Monday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • 'Betting firms key contributors to Kenya Exchequer'
    18 november 2017 11:01:09
    Nairobi, Kenya (PANA) - With over 45 sports betting and gaming companies in Kenya, the firms contribute over US$2 billion to the Kenya Revenue Authority (KRA) annually, a mobile telephony service provider company head said on Saturday. Full text...

  • Saturday’s forex rates for the Gambian Dalasi
    18 november 2017 06:54:55
    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...

  • Friday's forex rates for Rwandan Franc
    17 november 2017 10:31:54
    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 Gambian Dalasi
    17 november 2017 10:29:26
    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...

  • Friday's exchange rates for Tanzania Shilling
    17 november 2017 06:13:23
    Dar es Salaam, Tanzania (PANA) - The following are Friday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • Friday’s exchange rates for Ghana cedi
    17 november 2017 05:11:14
    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...

  • Rwanda braces itself for cashless economy
    16 november 2017 17:35:02
    Kigali, Rwanda (PANA) - Rwanda on Thursday launched a one-month public enlightenment campaign before introducing the use of electronic money instead of cash transactions. Full text...

  • Thursday's foreign exchange rates for Mauritanian Ouguiya
    16 november 2017 09:51:34
    Nouakchott, Mauritania (PANA) - Following are Thursday’s exchange rates for the Mauritanian Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Nigeria's inflation declines for 9th consecutive month to 15.91% in October
    16 november 2017 09:04:11
    Abuja, Nigeria (PANA) – Nigeria’s National Bureau of Statistics (NBS) says the inflation rate, measured by the Consumer Price Index (CPI), has further dropped to 15.91% in October, from 15.98% recorded in September. Full text...

  • Thursday's exchange rates for Mauritian Rupee
    16 november 2017 08:56:08
    Port-Louis, Mauritius (PANA) - Following are Thursday’s exchange rates for the Mauritian Rupee, as issued the Commercial Bank of Mauritius. Full text...

  • Thursday’s forex rates for the Gambian Dalasi
    16 november 2017 08:00:58
    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...

  • Thursday's forex rates for Rwandan Franc
    16 november 2017 07:23:24
    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...

  • Thursday's exchange rates for Ghana cedi
    16 november 2017 07:12:16
    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...

  • IMF team reports imbalances in Angolan economy
    15 november 2017 19:42:32
    Luanda, Angola (PANA) – Despite a mild recovery in the Angolan economy this year, significant macroeconomic imbalances remain, according to an International Monetary Fund (IMF) staff team that on Wednesday completed a 10-day visit to the country’s capital, Luanda. Full text...

  • Nigeria hires Malaysian consultancy firm to prop up economic recovery
    15 november 2017 18:06:31
    Abuja, Nigeria (PANA) – Nigeria’s Federal Executive Council (FEC) on Wednesday approved the engagement of a Malaysian consultancy firm to do a study that will aid implementation of the National Economic Recovery and Growth Plan (ERGP). Full text...

  • Ghana projects 6.8% economic growth in 2018
    15 november 2017 13:13:31
    Accra, Ghana (PANA) - Ghna's economy is expected to grow by 6.8% in 2018, up 0.5% on the projected 2017 figure, Finance Minister Ken Ofori-Atta announced on Wednesday. Full text...

  • Wednesday’s forex rates for the Gambian Dalasi
    15 november 2017 11:45:56
    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 exchange rates for Mauritanian Ouguiya
    15 november 2017 10:20:33
    Nouakchott, Mauritania (PANA) - Following are Wednesday’s exchange rates for the Mauritanian Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • 'Industry giants fail to tackle child labour allegations in cobalt battery supply chains'
    15 november 2017 08:59:13
    Kinshasa, DRC (PANA) - Major electronics and electric vehicle companies are still not doing enough to stop human rights abuses entering their cobalt supply chains, almost two years after an Amnesty International investigation exposed how batteries used in their products could be linked to child labour in the Democratic Republic of Congo (DRC), the human rights organization said on Wednesday. Full text...

  • Wednesday's forex rates for Mauritian Rupee
    15 november 2017 08:38:45
    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...

  • One in 10 children work, ILO reports at start of conference to end underage labour
    15 november 2017 07:07:19
    Buenos Aires, Argentina (PANA) – An estimated 152 million children around the world work, a practice that the international community at a United Nations co-organised conference in Buenos Aires, Argentina, is trying to eliminate. Full text...

  • Wednesday's exchange rates for Ghana cedi
    15 november 2017 06:30:00
    Accra, Ghana (PANA) - The following are Wednesday's average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Wednesday's exchange rates for Tanzania Shilling
    15 november 2017 06:28:06
    Dar es Salaam, Tanzania (PANA) - The following are Wednesday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • African conference on diamond opens on Wednesday in Brussels
    14 november 2017 13:49:06
    Brussels, Belgium (PANA) - About 400 delegates including 10 African ministers of Mines will, from Wednesday, take part in a conference organised in Brussels on the initiative of African diamond producing countries, Belgium and the International Diamond Centre of Antwerp, a communiqué issued by the Belgian ministry of foreign affairs said on Tuesday. Full text...

  • Tuesday's forex rates for Mauritanian Ouguiya
    14 november 2017 10:21:08
    Nouakchott, Mauritania (PANA) - Following are Tuesday’s foreign exchange rates for the Ouguiya, as issued by the central bank of Mauritania. Full text...

  • Tuesday's forex rates for the Mauritian Rupee
    14 november 2017 08:53:28
    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 exchange rates for Tanzania Shilling
    14 november 2017 08:50:15
    Dar es Salaam, Tanzania (PANA) - The following are Tuesday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

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