Economy -
  • Rwanda: Producer prices edged up 0.96 pct in fourth quarter 2014
    24 february 2015 21:26:54
    Kigali, Rwanda (PANA) - The producer price index (PPI) which measures inflation from the manufacturers’ perspective, increased by 0.96 per cent from October to December 2014, the National Institute of Statistics of Rwanda (NISR) said in a statement issued on Tuesday in Kigali. Full text...

  • Gabon: Tuesday's forex rates in Central Africa
    24 february 2015 20:32:38
    Libreville, Gabon (PANA) – The following are Tuesday's exchange rates for the CFA franc as issued by the Bank of Central African States. Full text...

  • Tanzania: AfDB , Bloomberg launch African Bond Index
    24 february 2015 20:08:00
    Dar es Salaam, Tanzania (PANA) - Global business, financial information and news leader Bloomberg and the African Development Bank (AfDB) on Tuesday announced the launch of a new family of African bond indices. Full text...

  • Côte d'Ivoire: Ecobank Transnational (Togo), Sonatel lead activity on Abidjan stock market
    24 february 2015 16:38:31
    Abidjan, Côte d'Ivoire (PANA) - The West African Regional Securities Exchanges of Abidjan (BRVM) concluded its Monday trading session with a drop compared to the previous session on Friday. Full text...

  • Mauritius: Govt to support small farmers in Mauritius
    24 february 2015 15:26:42
    Port-Louis, Mauritius (PANA) – Mauritian Prime Minister Sir Anerood Jugnauth, on Monday night announced several measures aimed at supporting small farmers who, he said, have been neglected for too long by the former government that ruled the island between 2005 and end 2014. Full text...

  • Rwanda: Tuesday's forex rates in Rwanda
    24 february 2015 12:53:26
    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...

  • Egypt: Afreximbank nets US$107.5m from capital raising effort
    24 february 2015 12:13:42
    Cairo, Egypt (PANA) - The capital raising exercise embarked upon by the African Export-Import Bank (Afreximbank) in September 2014 raised US$107.5 million for Afreximbank as at 31 Dec. 2014, exceeding the US$100 million year-end target, the Bank has revealed in Cairo. Full text...

  • Mauritania: Tuesday's forex rates for Mauritanian Ouguiya
    24 february 2015 11:48:09
    Nouakchott, Mauritania (PANA) - The following are Tuesday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Zambia: Tuesday’s exchange rates for Kwacha
    24 february 2015 11:15:14
    Lusaka, Zambia (PANA) - The following are Tuesday's exchange rates for the Zambian kwacha, as released by the Bank of Zambia: Full text...

  • US: IMF approves funds for Liberia to support economy, Ebola recovery
    24 february 2015 09:27:55
    New York, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved Full text...

  • Mauritius: Tuesday's forex rates for Rupee
    24 february 2015 09:22:49
    Port-Louis, Mauritius (PANA) - Following are Tuesday's exchange rates for the Mauritian Rupee: Full text...

  • Tanzania: IMF advises Gabon to curb growth in current spending
    24 february 2015 09:17:48
    Dar es Salaam, Tanzania (PANA) - Underscoring the need for further fiscal adjustment to rebuild policy buffers while preserving medium-term fiscal sustainability in Gabon, the International Monetary Fund (IMF) has urged the West-central African country to curb growth in current spending, including the wage bill, and effectively phase out general oil subsidies. Full text...

  • Tanzania: IMF commends Morocco for minimising economic vulnerabilities
    24 february 2015 07:56:16
    Dar es Salaam, Tanzania (PANA) - Executive Directors of the International Monetary Fund (IMF) have commended authorities in Morocco for their strong policy actions which have reduced economic vulnerabilities in the northwest African country. Full text...

  • Tanzania: Tuesday's exchange rates for Tanzania Shilling
    24 february 2015 07:43:57
    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...

  • Senegal: Tuesday’s forex rates for Gambian Dalasis
    24 february 2015 07:41:12
    Dakar, Senegal (PANA) - The following are Tuesday’s exchange rates for the Gambian currency, the Dalasis (D), as issued by Gambia’s Trust Bank: Full text...

  • Ghana: Tuesday's exchange rates for Ghana cedi
    24 february 2015 07:39:01
    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...

  • Algeria: Algeria to diversify energy sources - Minister
    23 february 2015 20:52:56
    Tunis, Tunisia (PANA) – Algeria has set up an independent watchdog in charge of advising on all energy projects, including gas, the Algerian minister of Energy, Youcef Yousfi, said on Monday. Full text...

  • Nigeria: Monday's foreign exchange rates in Nigeria
    23 february 2015 20:09:59
    Lagos, Nigeria (PANA) - The following are Monday's foreign exchange rates for the Nigerian Naira as released by the Central Bank of Nigeria. Full text...

  • Zambia: President Lungu concerned about future of Zambia's copper industry
    23 february 2015 18:08:24
    Lusaka, Zambia (PANA) – Zambian President Edgar Lungu has expressed concern at recent reports that Barrick Gold, a Canadian company owning Lumwana Mine in northwestern Zambia, would put the mine under care and maintenance, a development that would put over 4,000 jobs at risk. Full text...

  • Libya: Govt. suspends Turkish companies from participating in projects
    23 february 2015 12:30:01
    Beidha, Libya (PANA) – The acting government in Libya, under Prime Minister Abdallah al-Theni, has suspended Turkish companies from participating in Libyan projects, citing alleged Turkish support for a parallel Libyan administration in the capital, Tripoli. Full text...

  • Mauritania: Monday's forex rates for Ouguiya
    23 february 2015 11:38:29
    Nouakchott, Mauritania (PANA) – Here are Monday’s foreign exchange rates for the Ouguiya as issued by the Central bank of Mauritania: Full text...

  • Tanzania: Monday's exchange rates for Tanzania Shilling
    23 february 2015 08:14:55
    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...

  • Senegal: Monday’s forex rates for Gambian Dalasis
    23 february 2015 08:13:09
    Dakar, Senegal (PANA) - The following are Monday’s exchange rates for the Gambian currency, the Dalasis (D), as issued by Gambia’s Trust Bank: Full text...

  • Ghana: Monday's exchange rates for Ghana cedi
    23 february 2015 08:07:00
    Accra, Ghana (PANA) - The following are Monday's average inter-bank exchange rates for the Ghana cedi, as announced by the Ghana Association of Bankers: Full text...

  • Egypt: Egypt, IFAD sign US$63.1m loan agreement
    22 february 2015 11:31:58
    Cairo, Egypt (PANA) – Egypt and the International Fund for Agricultural Development (IFAD) have signed a US$ 63.1 million loan agreement for financing a sustainable agricultural project in the North African country, according to a communiqué issued Sunday by Egypt's Ministry of Foreign Affairs and International Cooperation. Full text...

  • Egypt: G/Bissau becomes Afreximbank's 37th member state
    21 february 2015 11:47:30
    Cairo, Egypt (PANA) - Guinea Bissau has become the 37th country to join the African Export-Import Bank (Afreximbank) as a Participating State, following the signing of the Bank’s Establishment Agreement by the Government, the Bank has announced from its headquarters in Cairo, Egypt. Full text...

  • Guinea: Ebola costs more than US$500m economic loss to Guinea
    21 february 2015 10:53:09
    Conakry, Guinea (PANA) – The World Bank has estimated that Guinea will suffer economic loss of more than US$500m in 2015 because of the Ebola Virus Disease (EVD), according to a report obtained by PANA. Full text...

  • Senegal: Saturday’s forex rates for the Gambian Dalasis
    21 february 2015 10:43:53
    Dakar, Senegal (PANA) – The following are Saturday’s exchange rates for the Gambian currency, the Dalasis (D) as issued by Gambia’s Trust Bank. Full text...

  • Senegal: 466 villages of Casamance will soon be electrified
    21 february 2015 07:54:13
    Ziguinchor, Senegal (PANA) – Four hundred and sixty-six villages from the region of Casamance will soon get electricity, Senegalese President Macky Sall said on Friday at the inauguration of the electricity plant of Ziguinchor, the main town in the south of the country, whose capacity has been extended from 10 to 20 MW. Full text...

  • UN: World Tourism Organization praises global visa openness
    20 february 2015 22:30:06
    New York, US (PANA) - The UN World Tourism Organization (WTO) says visa facilitation has experienced strong progress in recent years, particularly through the implementation of visa on arrival policies, thereby enhancing the growth of the tourism industry. Full text...

  • Nigeria: President Jonathan inaugurates 750 mw power plant
    20 february 2015 22:15:48
    Ifo, Nigeria (PANA) - The Nigerian President, Dr. Goodluck Jonathan, on Friday commissioned the 650 million-dollar Olorunsogo power station at Ifo, in the southwest Nigerian state of Ogun. Full text...

  • Nigeria: Friday's foreign exchange rates in Nigeria
    20 february 2015 21:34:39
    Lagos, Nigeria (PANA) - Here are Friday's exchange rates for the Nigerian currency, the Naira, against other currencies, as released by the Central Bank of Nigeria (CBN). Full text...

  • Belgium: EU gives 64 million euros to fund Kariba dam rehabilitation works
    20 february 2015 21:27:24
    Brussels, Belgium (PANA) - The European Commissioner for International Cooperation and Development, Neven Mimica, on Friday signed an agreement in Lusaka, Zambia, to finance the Kariba dam rehabilitation works which will provide electricity to Zambia and Zimbabwe, said a statement from the European Commission made available to the press. Full text...

  • Tanzania: AfDB releases official list of candidates for the post of next Bank President
    20 february 2015 17:30:29
    Dar es Salaam, Tanzania (PANA) - Following its meeting in Abidjan, Côte d’Ivoire, on 11 February, the Steering Committee of the Board of Governors of the African Development Bank (AfDB) Friday released a list of eight candidates for the election of the next President of the Bank. Full text...

  • Rwanda: Friday's forex rates in Rwanda
    20 february 2015 15:18:49
    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...

  • Nigeria: Nigeria ahead of South Africa, Kenya, Egypt in eCommerce
    20 february 2015 15:12:29
    Lagos, Nigeria (PANA) - Nigeria is ahead of South Africa, Kenya, Egypt and other African countries as the leading eCommerce destination on the continent, the privately-owned Guardian newspaper reported Friday. Full text...

  • Gabon: Friday's forex rates in Central Africa
    20 february 2015 13:57:48
    Libreville, Gabon (PANA) - Following are Friday's foreign exchange rates in the Central African states: Full text...

  • Tunisia: Tunisia to return to daily production of 110,000 barrels of oil
    20 february 2015 12:33:29
    Tunis, Tunisia (PANA) - The general secretary of the oil general federation of Tunisia, Hasnaoui Smiri, announced here Thursday that Tunisia will return to its normal daily production of approximately 110,000 barrels of oil. Full text...

  • Mauritius: Friday's forex rates for Mauritian rupee
    20 february 2015 11:44:58
    Port-Louis, Mauritius (PANA) - The following are Friday's foreign exchange rates for the Mauritian rupee, as released by the Mauritius Commercial Bank: Full text...

  • Ghana: Friday's exchange rates for Ghana cedi
    20 february 2015 11:26:47
    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...

  • Kenya: Bank Board names five candidates for AfDB presidential race
    20 february 2015 10:56:12
    Nairobi, Kenya (PANA) - Ethiopia's Finance Minister Sufian Ahmed and Nigeria's Agriculture Minister Akinwumi Adesina are among the five candidates who have been shortlisted to contest the presidency of the African Development Bank (AfDB), the Bank said Friday. Full text...

  • Tanzania: Friday's exchange rates for Tanzania Shilling
    20 february 2015 08:35:08
    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...

  • Senegal: Friday’s forex rates for Gambian Dalasis
    20 february 2015 08:33:17
    Dakar, Senegal (PANA) - The following are Friday’s exchange rates for the Gambian currency, the Dalasis (D), as issued by Gambia’s Trust Bank: Full text...

  • Nigeria: Thursday's foreign exchange rates in Nigeria
    19 february 2015 19:56:12
    Lagos, Nigeria (PANA) - The following are Thursday's exchange rates for the Nigerian Naira as released by the Central Bank of Nigeria. Full text...

  • Mauritania: Thursday's forex rates for Mauritanian Ouguiya
    19 february 2015 14:00:35
    Nouakchott, Mauritania (PANA) - The following are Thursday's foreign exchange rates for the Mauritanian Ouguiya as released by the Mauritanian Central Bank. Full text...

  • Tanzania: Somalia's vital remittance pipelines risk being cut, NGOs warn
    19 february 2015 11:09:52
    Dar es Salaam, Tanzania (PANA) - Somalia's vital lifeline of around US$ 1.3 billion in annual remittances, representing 25-45 percent of the country’s GDP, is slowly being choked off in the US, UK and Australia, three international nongovernmental organizations (NGOs) warned in a report unveiled Thursday. Full text...

  • Kenya: 'Govt. committed to Diaspora'
    19 february 2015 10:59:13
    Nairobi, Kenya (PANA) - The Kenyan Government will work with all Diaspora stakeholders for a win-win situation over a wide range of issues, especially investment, Foreign Affairs and International Trade Cabinet Secretary, Amina Mohamed, has said. Full text...

  • Botswana: Business analyst urges traditional dishes to be copyrighted
    19 february 2015 10:46:49
    Gaborone, Botswana (PANA) - Media reports say Botswana stands to lose in the biltong (variety of dried, cured meat) market, if entrepreneurs in the neighbouring South Africa copyright the name Biltong, as a South African product. Full text...

  • Senegal: Thursday’s forex rates for Gambian Dalasis
    19 february 2015 07:22:25
    Dakar, Senegal (PANA) - The following are Thursday’s exchange rates for the Gambian currency, the Dalasis (D), as issued by Gambia’s Trust Bank: Full text...

  • Tanzania: Thursday's exchange rates for Tanzania Shilling
    19 february 2015 07:20:43
    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...

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