Economy -
  • Mauritius: Thursday's forex rates for Rupee
    18 december 2014 09:22:44
    Port-Louis, Mauritius (PANA) - The following are Thursday's foreign exchange rates for the Mauritian Rupee: Full text...

  • US: IMF reviews Burundi's economic performance, gives passmark
    18 december 2014 09:04:24
    New York, US (PANA) - The International Monetary Fund (IMF) has completed an economic review mission to Burundi during which it conducted discussions with Burundi's authorities for the sixth review of the government’s economic and financial programme supported by the IMF under the Extended Credit Facility (ECF). Full text...

  • Ghana: Thursday's exchange rates for Ghana cedi
    18 december 2014 08:38:23
    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...

  • Tanzania: IMF Board tips South Sudan on economic growth, development
    18 december 2014 07:07:43
    Dar es Salaam, Tanzania (PANA) - South Sudan must urgently address the issue of peace and political inclusion to set the basis for growth and development, the International Monetary Fund (IMF) Executive Board has advised on conclusion of the Fund's consultation with authorities in the country. Full text...

  • Tanzania: Thursday's forex rates for Shilling
    18 december 2014 06:32:07
    Dar es Salaam, Tanzania (PANA) - The following are Thursday's exchange rates for the Tanzania Shilling, as issued by the Bank of Tanzania: Full text...

  • Angola: TAAG increases flights to Portugal
    17 december 2014 21:13:37
    Luanda, Angola (PANA) – The Angolan airline (TAAG) from Wednesday increased its weekly flights to the Portuguese cities of Lisbon and Porto to meet demands in this holiday period, sources from the airline said in Luanda. Full text...

  • Rwanda: Economy grows by 7.8% in third quarter of 2014
    17 december 2014 20:48:16
    Kigali, Rwanda (PANA) - The Rwandan economy grew in the third quarter of this year by 7.8% on a year-on-year basis, the Rwandan Institute of Statistics (RIS) announced on Wednesday. Full text...

  • Mozambique: Transport minister annoyed by EU ban on Mozambique Airline
    17 december 2014 20:02:22
    Maputo, Mozambique (PANA) – Mozambique's Minister of Transport and Communications, Gabriel Muthisse has expressed indignation at the European Union's decision to extend the ban on Mozambique Airline from flying over the European airspace. Full text...

  • Rwanda: Wednesday's forex rates in Rwanda
    17 december 2014 18:49:01
    Kigali, Rwanda (PANA) - Following are Wednesday's exchange rates for the Rwandan Franc as issued by the National Bank of Rwanda: Full text...

  • UN: UN expert urges World Bank to adhere to human rights on environmental, social issues
    17 december 2014 18:23:45
    New York, US (PANA) - UN Special Rapporteur on extreme poverty and human rights, Full text...

  • Nigeria: Wednesday's foreign exchange rates in Nigeria
    17 december 2014 17:42:03
    Lagos, Nigeria (PANA) - Following are Wednesday's exchange rates for the Nigerian currency, the Naira as released by the Central Bank of Nigeria: Full text...

  • Mali: EU support to Mali tops 151 billion CFAF in 2014
    17 december 2014 16:36:10
    Bamako, Mali (PANA) – The European Union (EU) this year provided about 151 billion CFAF (approximately US$285 million) in development support to Mali, EU Ambassador Richard Zink said here Wednesday, explaining that the amount excluded aid extended by EU member countries through bilateral arrangements. Full text...

  • Ghana: Wednesday's forex rates for Ghana cedi
    17 december 2014 15:20:57
    Accra, Ghana (PANA) - The following are Wednesday's average interbank exchange rates for the Ghana cedi as announced byb the Ghana Association of Bankers. Full text...

  • Senegal: Wednesday’s forex rates for Gambian Dalasis
    17 december 2014 13:25:40
    Dakar, Senegal (PANA) – Following are Wednesday’s foreign exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Nigeria: Nigeria's Petroleum Minister bags another int'l appointment
    17 december 2014 10:38:30
    Lagos, Nigeria (PANA) - A few weeks after the Nigerian Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, emerged the first female President of the Organisation of Petroleum Exporting Countries (OPEC), she was Tuesday appointed the President of the Ministerial Meeting of the Gas Exporting Countries Forum (GECF) in Doha, Qatar, according to local media reports. Full text...

  • Mauritania: Wednesday's forex rates for Ouguiya
    17 december 2014 10:29:44
    Nouakchott, Mauritania (PANA) - The following are Wednesday's foreign exchange rates for the Mauritanian Ouguiya: Full text...

  • Mauritius: Wednesday's forex rates for Rupee
    17 december 2014 08:52:06
    Port-Louis, Mauritius (PANA) - The following are Wednesday's foreign exchange rates for the Mauritian Rupee: Full text...

  • Tanzania: Wednesday's forex rates for Shilling
    17 december 2014 07:20:53
    Dar es Salaam, Tanzania (PANA) - Following are Wednesday's foreign exchange rates for the Tanzania Shilling, as issued by the Bank of Tanzania: Full text...

  • Togo: WADB to finance projects for 1,100 billion CFAF
    16 december 2014 22:33:05
    Lomé, Togo (PANA) – The West African Development Bank (WADB) is to finance several development projects in the sub-region for the period 2015-2018 estimated at 1,100 billion CFAF, says a communiqué issued by the financial institution after its 95th ordinary session held on Tuesday in Cotonou. Full text...

  • Tanzania: AfDB approves US$75 million Kariba Dam rehabilitation project
    16 december 2014 20:15:31
    Dar es Salaam, Tanzania (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a loan plus two grants totalling US$75 million to Zambia and Zimbabwe for the rehabilitation of Kariba Dam on the border between the two Southern Africa countries. Full text...

  • Nigeria: Tuesday's foreign exchange rates in Nigeria
    16 december 2014 18:26:08
    Lagos, Nigeria (PANA) - Following are the latest exchange rates for the Nigerian currency,the Naira, as released by the Central Bank of Nigeria(CBN): Full text...

  • Nigeria: AfDB launches 2014 continental development report
    16 december 2014 15:37:12
    Lagos, Nigeria (PANA) - The African Development Bank (AfDB) Tuesday, in Abidjan, Cote d‘Ivoire, launched the 2014 edition of its flagship publication, the African Development Report (ADR). Full text...

  • Mauritania: Latest forex rates for Mauritanian Ouguiya
    16 december 2014 13:36:19
    Nouakchott, Mauritania (PANA) – Following are Monday's foreign exchange rates for the Mauritanian Ouguiya. Full text...

  • Mauritius: Tuesday's forex rates for Rupee
    16 december 2014 10:22:53
    Port-Louis, Mauritius (PANA) - The following are Tuesday's foreign exchange rates for the Mauritian Rupee: Full text...

  • Tanzania: Tuesday's forex rates for Shilling
    16 december 2014 10:21:12
    Dar es Salaam, Tanzania (PANA) - Following are Tuesday's foreign exchange rates of the Tanzania Shilling as issued by the Bank of Tanzania: Full text...

  • Ghana: Tuesday's forex rates for Ghana cedi
    16 december 2014 07:44:40
    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...

  • Senegal: Tuesday’s forex rates for Gambian Dalasis
    16 december 2014 07:23:16
    Dakar, Senegal (PANA) – Following are Tuesday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • US: IMF reviews Senegal's economic performance
    16 december 2014 07:16:10
    New York, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the eighth review of Senegal’s economic performance under the programme supported by the Policy Support Instrument (PSI) and also concluded the 2014 Article IV consultation. Full text...

  • Tanzania: AfDB approves US$500m for Development Bank of Nigeria to support MSMEs
    15 december 2014 20:49:20
    Dar es Salaam, Tanzania (PANA) - The Board of Directors of the African Development Bank (AfDB) Group on Monday unanimously approved a financial package of US$500 million to support the establishment of the Development Bank of Nigeria PLC (DBN), the AfDB announced. Full text...

  • Nigeria: Monday's foreign exchange rates in Nigeria
    15 december 2014 18:37:15
    Lagos, Nigeria (PANA) - Following are Monday's exchange rates for the Nigerian Nairaas released by the Central Bank of Nigeria: Full text...

  • Senegal: Monday’s forex rates for Gambian Dalasis
    15 december 2014 16:18:04
    Dakar, Senegal (PANA) – Following are Monday’s exchange rates for the Gambian Dalasis: Full text...

  • Nigeria: More Nigerian banks support MSME - Report
    15 december 2014 15:13:38
    Lagos, Nigeria (PANA) - More banks in Nigeria now see the Micro Small and Medium Enterprises (MSMEs) as an important sector of the economy and are taking steps to support them as an engine of growth, wealth creation and poverty reduction, according to a report by KPMG, an indigenous management firm. Full text...

  • Nigeria: ECOWAS Common External Tariff launched
    15 december 2014 14:35:16
    Abuja, Nigeria (PANA) - The ECOWAS Common External Tariff (CET), one of the key integration objectives of the 15-member regional body, was finally launched in Abuja Monday. Full text...

  • Mauritania: Monday's forex rates for Ouguiya
    15 december 2014 12:05:06
    Nouakchott, Mauritania (PANA) – Following are Monday’s foreign exchange rates for the Ouguiya. Full text...

  • Mauritius: Monday's forex rates for Rupee
    15 december 2014 09:41:06
    Port-Louis, Mauritius (PANA) - The following are Monday's foreign exchange rates for the Mauritian Rupee: Full text...

  • Ghana: Monday's forex rates for Ghana cedi
    15 december 2014 08:43:31
    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...

  • Gambia: Monday’s forex rates for Gambian Dalasis
    15 december 2014 06:37:15
    Banjul, Gambia (PANA) - The following are Monday 's foreign exchange rates for the Gambian currency, the Dalasis: Full text...

  • Tanzania: Monday's forex rates for Shilling
    15 december 2014 06:12:02
    Dar es Salaam, Tanzania (PANA) - Following are Monday's foreign exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania: Full text...

  • Nigeria: Scores die in Nigeria gas explosion
    15 december 2014 06:04:41
    Lagos, Nigeria (PANA) - Several persons were feared dead and many others injured at the weekend in an explosion at a gas station in Akure, capital of the South West Ondo State, according to local media reports. Full text...

  • Nigeria: Oil workers begin strike Monday over fuel price
    15 december 2014 05:40:14
    Lagos, Nigeria (PANA) - Oil workers, under the aegis of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), will commence a nationwide strike on Monday to protest the inability of the Nigerian Government to carry out turnaround maintenance of the nation’s four refineries and reduce pump prices of petrol in line with the slump in global prices of crude oil. Full text...

  • Nigeria: 'Fish prices crash in Nigeria'
    15 december 2014 05:25:35
    Lagos, Nigeria (PANA) - Millions of fish consumers in Nigeria are heaving a sigh of relief as fresh import quotas for fish, issued by the Federal Ministry of Agriculture recently, has helped to crash prices across the country, according to the local GUARDIAN newspaper. Full text...

  • Tunisia: Algeria recalls ambassadors to Belgium, The Netherlands over plane
    14 december 2014 14:33:04
    Tunis, Tunisia (PANA) – The Algerian ministry of foreign affairs has recalled its two ambassadors accredited respectively to Belgium and the Netherlands for consultations after the seizure of an Air Algeria aircraft in Brussels, a communiqué issued by the ministry on Saturday evening said. Full text...

  • Tunisia: IMF approves US$104 million funding for Tunisia
    13 december 2014 22:35:15
    Tunis, Tunisia (PANA) - The International Monetary Fund (IMF) on Friday approved funds totalling US$ 104.8 million (about 193.5 million Tunisian dinars) for Tunisia, making it the fifth such approval for the north African country, according to an IMF official statement. Full text...

  • US: IMF approves US$104.8m disbursement for Tunisia
    13 december 2014 10:11:42
    New York, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Friday completed the fifth review of Tunisia’s performance under an economic programme supported by a Stand-By Arrangement (SBA) and approved the disbursement of US$104.8 million to the North African country. Full text...

  • Senegal: Saturday’s forex rates for Gambian Dalasis
    13 december 2014 10:05:47
    Dakar, Senegal (PANA) - Following are Saturday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Côte d’Ivoire: BRVM, Senegal investment fund sign partnership agreement
    12 december 2014 19:53:37
    Abidjan, Côte d’Ivoire (PANA) – The West African regional bourse (BRVM) and the Senegalese government Fund for Strategic Investments (FONSIS) Friday signed a partnership deal under which Senegalese companies will be quoted on the stock exchange. Full text...

  • Côte d’Ivoire: Côte d’Ivoire eligible for Millenium Challenge Corporation assistance
    12 december 2014 18:16:21
    Abidjan, Côte d’Ivoire (PANA) – Côte d’Ivoire has been selected by the Board of Directors of the Millennium Challenge Corporation (MCC) as eligible for threshold assistance for financial year 2015, the US embassy here said Friday. Full text...

  • Ghana: Friday's exchange rates for Ghana cedi
    12 december 2014 16:09:00
    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...

  • Nigeria: 'Despite Ebola, ECOWAS remains most dynamic REC in Africa'
    12 december 2014 12:42:40
    Abuja, Nigeria (PANA) - Despite being hit hard by the Ebola Virus Disease (EVD), the ECOWAS region remains the most dynamic Regional Economic Community (REC) in Africa with an expected growth rate of 6.3% in 2014, according to ECOWAS Commission President Kadre Desire Ouedraogo. Full text...

  • Nigeria: 36.9 million Nigerian adults are financially excluded - report
    12 december 2014 11:19:34
    Lagos, Nigeria (PANA) - Some 36.9 million adult Nigerians, representing 39.5% of the population, are currently excluded from formal financial services like bank accounts, insurance, pensions, mobile money or microfinance bank products. Full text...

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