Economy -
  • Wednesday's exchange rates for Ghana cedi
    20 june 2018 12:02:36
    Accra, Ghana (PANA) - The following are Wednesday's exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Wednesday's exchange rates for the Mauritanian Ouguiya
    20 june 2018 11:40:53
    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 Mauritian Rupee
    20 june 2018 08:26:44
    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
    20 june 2018 07:11:48
    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...

  • WB study suggests Ugandan agriculture must commercialize to drive economic growth
    19 june 2018 19:12:48
    Kampala, Uganda (PANA) - Uganda and the World Bank on Tuesday launched “Closing the potential performance divide in Ugandan agriculture” report that provides an unprecedented review of the structural context of Ugandan agriculture, its main actors, and the trends, opportunities and challenges the sector faces. Full text...

  • Persistent conflict and instability hamper economic recovery of CAR
    19 june 2018 19:00:32
    Bangui, Central African Republic (PANA) - Deterioration in security conditions and the humanitarian situation is dampening hopes for a robust economic recovery in Central African Republic (CAR), according to the first issue of the CAR Economic Update published Tuesday by the World Bank Full text...

  • Tuesday's forex rates for Rwandan Franc
    19 june 2018 12:55:32
    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...

  • Kenya's construction industry poised for growth - Survey
    19 june 2018 12:00:53
    Nairobi, Kenya (PANA) - The International Construction Survey for 2018 reports that the Kenyan construction industry is poised for growth this year, a Kenyan real estate publication, Estate Cloud, says. Full text...

  • Tuesday's exchange rates for Ghana cedi
    19 june 2018 11:22:23
    Accra, Ghana (PANA) - The following are Tuesday's exchange rated for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • IMF Board approves US$136.6 m disbursement to Côte d’Ivoire
    19 june 2018 09:33:08
    Abidjan, Côte d’Ivoire (PANA) – Executive Directors of the International Monetary Fund (IMF) have commended the good performance of Côte d’Ivoire’s economy under the Fund supported programme and approved a disbursement of about US$136.6 million to support the West African country. Full text...

  • Tuesday's forex rates for the Mauritanian Ouguiya
    19 june 2018 09:01:29
    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
    19 june 2018 08:51:29
    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...

  • IMF says Comoros face challenging economic outlook
    19 june 2018 08:49:47
    Moroni, Comoros (PANA) – With an estimated 2.7 percent growth in 2017, the Comorian economy made improved performance, but the near-term outlook for the islands remains challenging, according to the International Monetary Fund (IMF). Full text...

  • Tuesday’s forex rates for the Gambian Dalasi
    19 june 2018 08:05:58
    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...

  • Monday's forex rates for Rwandan Franc
    18 june 2018 14:59:37
    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
    18 june 2018 07:07:39
    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...

  • Togo set on path to achieve stronger, more inclusive growth
    16 june 2018 07:37:06
    Lome, Togo (PANA) – Togo is set to receive US$35.5 million under the Extended Credit Facility (ECF) arrangement with the International Monetary Fund (IMF) after the Fund’s Executive Board on Friday completed the second review of the country’s economic performance. Full text...

  • Saturday’s forex rates for Gambian Dalasi
    16 june 2018 07:14:19
    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...

  • AfDB to mobilize CFAF 15 billion to finance pay-as-you-go solar home systems in Africa
    16 june 2018 04:56:37
    Abidjan, Côte d'Ivoire (PANA) - Because in very remote rural areas of some African countries, access to electricity for low-income people is still through traditional and outdated systems such as battery-powered flashlights or oil lamps that pollute and are extremely harmful to health, the African Development Bank (AfDB) is to help mobilize over CFAF 15 billion to finance pay-as-you-go solar home systems Full text...

  • African post offices can be forefront in remittance services in rural areas - IFAD
    15 june 2018 09:50:12
    Nairobi, Kenya (PANA) - Postal services can play a pivotal role in delivering remittances, lowering the transfer costs and providing access to basic financial services in Africa, according to a report released on Friday by a UN agency and the European Commission. Full text...

  • Migrant remittances sustaining millions in developing countries - IFAD
    15 june 2018 09:27:27
    Nairobi, Kenya (PANA) - Last year, 200 million migrants sent $481 billion to remittances-reliant countries of which $466 billion went to developing countries, helping sustain about 800 million people across the world, the International Fund for Agricultural Development (IFAD) says. Full text...

  • Liberia faces hard time in mobilizing revenue
    14 june 2018 16:13:04
    Monrovia, Liberia (PANA) – The International Monetary Fund (IMF) has cautioned Liberia to undertake its future debt obligations transparently, limiting new debt to concessional terms, with effective implementation of infrastructure projects. Full text...

  • Inflation rate drops for 16th consecutive month, food price index up in Nigeria
    14 june 2018 15:08:52
    Abuja, Nigeria (PANA) – Nigeria’s annual inflation has dropped to 11.61% in May, below the federal government’s projection of 12.42% set in the 2018-2020 Medium Term Expenditure Framework and Fiscal Strategy Paper. Full text...

  • Thursday's forex rates for Rwandan Franc
    14 june 2018 15:04:17
    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 forex rates for Gambian Dalasi
    14 june 2018 13:45:05
    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...

  • AfDB to launch 1st Electricity Regulatory Index
    14 june 2018 13:09:33
    Port Louis, Mauritius (PANA) - The African Development Bank (AfDB) says it will launch its flagship Electricity Regulatory Index (ERI) – a special report that measures the level of development of the regulatory frameworks in African countries and examines their impact on the performance of their respective electricity sectors. Full text...

  • Thursday's exchange rates for Ghana cedi
    14 june 2018 10:14:16
    Accra, Ghana (PANA) - The following are Thursday's the exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Wednesday's forex rates for Rwandan Franc
    13 june 2018 13:18:51
    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, South Africa deepen ties
    13 june 2018 11:11:09
    Flic-en-Flac, Mauritius (PANA) – The Mauritian Foreign Affairs Minister Vishnu Lutchmeenaraidoo on Tuesday night called for the deepening of relations between Mauritius and South Africa as an example for the whole of Africa. Full text...

  • Wednesday's exchange rates for Ghana cedi
    13 june 2018 10:06:03
    Accra, Ghana (PANA) - The following are Wednesday's exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Wednesday’s forex rates for the Gambian Dalasi
    13 june 2018 09:56:23
    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 the Mauritian Rupee
    13 june 2018 08:38:06
    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...

  • UN labour chief calls for an end to child labour
    12 june 2018 19:50:35
    Geneva, Switzerland (PANA) - No child under the age of 18 should be toiling in mines, fields, factories and homes, carrying heavy loads or working long hours, the head of the UN labour agency said on Tuesday, marking World Day against Child Labour. Full text...

  • IMF staff urge South Africa to take action on its ambitious reform agenda
    12 june 2018 18:35:25
    Pretoria, South Africa (PANA) – Turning South Africa’s economy around toward strong and inclusive growth will require swift implementation of a bold reform agenda, according to findings of the International Monetary Fund (IMF) staff team that has just concluded a mission to the country. Full text...

  • Tuesday's forex rates for Rwandan Franc
    12 june 2018 14:19:37
    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 Mauritanian Ouguiya
    12 june 2018 13:26:02
    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 Gambian Dalasi
    12 june 2018 11:56:55
    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...

  • Tuesday's exchange rates for Ghana cedi
    12 june 2018 11:39:24
    Accra, Ghana (PANA) - The following are Tuesday's exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • IMF pleased with Rwanda’s ‘comfortable growth rates’
    12 june 2018 09:07:19
    Kigali, Rwanda (PANA) - Rwanda’s strong implementation of its macroeconomic programme has helped it weather external shocks and maintain macroeconomic stability, according to the International Monetary Fund (IMF), which has also hinted that the country’s risk of debt distress remains low. Full text...

  • Tuesday's forex rates for the Mauritian Rupee
    12 june 2018 07:47:40
    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...

  • Monday's forex rates for Rwandan Franc
    11 june 2018 15:27:35
    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...

  • Protecting the right to a childhood (A feature by FAO)
    11 june 2018 11:43:42
    Rome, Italy (PANA) - Many of us look back on our childhoods with warm feelings. But for more than 150 million girls and boys between the ages of 5 and 17 around the world, childhood means something else: poverty, a lack of education and working long hours in dangerous conditions. Full text...

  • Monday's exchange rates for Ghana cedi
    11 june 2018 10:05:30
    Accra, Ghana (PANA) - The following are Monday's exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Monday’s forex rates for the Gambian Dalasi
    11 june 2018 06:26:08
    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...

  • Botswana’s growth rebounds on higher diamond sales
    09 june 2018 09:54:06
    Gaborone, Botswana (PANA) – Botswana’s economic growth in 2018 is expected to rebound, supported by higher diamond sales, a stable macroeconomic environment, and higher government spending, according to a staff team of the International Monetary Fund (IMF). Full text...

  • Saturday’s forex rates for the Gambian Dalasi
    09 june 2018 08:00:17
    Banjul, Gambia (PANA) – The following are Saturday’s foreign exchange rates for the Gambian Dalasi as published by Trust Bank Gambia Ltd: Full text...

  • Mauritius, South Africa sign MoU on fisheries development
    09 june 2018 07:27:11
    Port Louis, Mauritius (PANA) – Mauritian Ministry of Ocean Economy, Marine Resources, Fisheries and Shipping will sign a Memorandum of Understanding with the Department of Agriculture, Forestry and Fisheries of South Africa in the field of fisheries, PANA learnt from an official source Saturday in Port Louis, the Mauritian capital. Full text...

  • Friday’s forex rates for Gambian Dalasi
    08 june 2018 15:57:41
    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...

  • Kenya Airways launches direct flights to Mauritius
    08 june 2018 11:04:43
    Port-Louis, Mauritius (PANA) - Kenya Airways will be flying to Mauritius four times weekly from Jomo Kenyatta International Airport, Kenya, the Mauritian Tourism Minister Anil Gayan announced on Friday. Full text...

  • Friday's exchange rates for Ghana cedi
    08 june 2018 10:47:08
    Accra, Ghana (PANA) - The following are Friday's exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

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