Economy -
  • Nigeria: 'Economy may lose US$3.5b to Ebola'
    18 august 2014 10:31:36
    Lagos, Nigeria (PANA) - The Ebola Virus Disease (EVD) may cost the Nigerian economy US$3.5 billion by December if it has not been contained by then, according to the Chief Executive Officer, Financial Derivatives Company Ltd., Mr. Bismarck Rewane, Full text...

  • Nigeria: Apex bank sets deadline on online funds transfer status
    18 august 2014 10:10:30
    Lagos, Nigeria (PANA) - The Central Bank of Nigeria (CBN) has given the commercial banks operating in the country 31 Dec. 2014 as the deadline to achieve the “Highly Secured Online Funds Transfer” status, according to a statement posted on the Bank's website. Full text...

  • Tanzania: Monday's forex rates for Shilling
    18 august 2014 10:01:06
    Dar es Salaam, Tanzania (PANA) - Following are Monday's foreign exchange rates for the Tanzania Shilling: Full text...

  • Economy: Sudatel to expand activities in West Africa
    17 august 2014 19:21:39
    Khartoum, Sudan (PANA) - Sudan Telecommunication Group, Sudatel, says it is expanding its activities in a number of West African countries where it provides telecommunication services. Full text...

  • Mauritania: Sunday's forex rates for Ouguiya
    17 august 2014 11:59:25
    Nouakchott, Mauritania (PANA) - Following are Sunday's foreign exchange rates for the Mauritanian Ouguiya: Full text...

  • Senegal: Friday's forex rates for Gambian Dalasis
    15 august 2014 17:44:06
    Dakar, Senegal (PANA) – Following are Friday's forex rates for the Gambian Dalasis Full text...

  • Zambia: Friday’s forex rates for Kwacha
    15 august 2014 12:55:16
    Lusaka, Zambia (PANA) – Following are Friday's exchange rates for the Zambian kwacha, as released by the Bank of Zambia: Full text...

  • DR Congo: Massive oil discovery in DRC
    15 august 2014 11:49:54
    Kinshasa, DR Congo (PANA) - A company owned by Israeli businessman Dan Gertler has discovered a 3-billion-barrel oil reserve at blocks I and II in Lake Albert, in the eastern province of DR Congo. Full text...

  • Ghana: Friday's exchange rates for Ghana cedi
    15 august 2014 07:46:42
    Accra, Ghana (PANA) - Following are Friday's average inter-bank exchange rates for the Ghana cedi, as announced by the Ghana Association of Bankers: Full text...

  • Tanzania: Friday's forex rates for Shilling
    15 august 2014 07:45:12
    Dar es Salaam, Tanzania (PANA) - Following are Friday's exchange rates for the Tanzania Shilling: Full text...

  • Nigeria: Thursday's foreign exchange rates in Nigeria
    14 august 2014 21:55:08
    Lagos, Nigeria (PANA) - Following are the latest exchange rates for the Nigerian currency, the Naira, against other currencies, as released by the Central Bank of Nigeria (CBN). Full text...

  • Togo: Bridge construction starts on River Mono to link Togo, Benin
    14 august 2014 17:29:09
    Lome, Togo (PANA) - Togo and Benin are building a bridge on River Mono which borders the two countries, in a bid to facilitate trade between local residents, official sources here told PANA Thursday. Full text...

  • Zambia: Thursday’s forex rates for Kwacha
    14 august 2014 13:41:00
    Lusaka, Zambia (PANA) – Following are Thursday's foreign exchange rates for the Zambian kwacha, as released by the Bank of Zambia: Full text...

  • Nigeria: WB, DFID support Nigerian govt. with 44b naira
    14 august 2014 12:50:02
    Lagos, Nigeria (PANA) - The Nigerian government has received funding support from the World Bank (WB) and the UK Department for International Development (DFID) to the tune of 44 billion naira (US$269 million) for job creation in the country, according to Thursday's local media report. Full text...

  • Cote d'Ivoire:Trading down at the West African Bourse
    14 august 2014 12:20:56
    Abidjan, Cote d’Ivoire (PANA) - Trading at the West African regional stock exchange, BRVM, ended Wednesday on the decline with the BRVM index 10 falling from 261.34 points to 260.41 points, representing a decrease of 0.36%. Full text...

  • Senegal: Thursday's forex rates for Gambian Dalasis
    14 august 2014 11:42:55
    Dakar, Senegal (PANA) - Following are Thursday's forex rates for the Gambian currency, the Dalasis (D): Full text...

  • Mauritania: Thursday's forex rates for Ouguiya
    14 august 2014 11:41:10
    Nouakchott, Mauritania (PANA) - Following are Thursday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Tanzania: National debt burden bulges to over US$14b
    14 august 2014 11:20:32
    Dar es Salaam, Tanzania (PANA) - Tanzania’s external debt stock swelled to over US$14 billion at the end of June 2014, on account of new disbursements and accumulation of interest arrears, the central bank said in a new report released here Thursday. Full text...

  • Tanzania: Farm harvests bring Tanzania's food inflation down
    14 august 2014 09:45:12
    Dar es Salaam, Tanzania (PANA) - Due to onset of the mid-year food harvest season in most parts of the country, Tanzania recorded a month-to-month food inflation decrease of negative 1.3 percent in June 2014, from negative 0.7 percent in May 2014, the Bank of Tanzania has said. Full text...

  • Tanzania: Thursday's forex rates for Shilling
    14 august 2014 09:12:43
    Dar es Salaam, Tanzania (PANA) - Following are Thursday's foreign exchange rates for the Tanzania Shilling: Full text...

  • Ghana: Thursday's exchange rates for Ghana cedi
    14 august 2014 09:10:45
    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...

  • Mauritius: Thursday's forex rates for Rupee
    14 august 2014 08:18:57
    Port-Louis, Mauritius (PANA) - Following are Thursday's exchange rates for the Mauritian Rupee: Full text...

  • Libya: Libya, Tunisia to begin shipping project
    13 august 2014 22:44:18
    Tripoli, Libya (PANA) - Libya and Tunisia have expressed the desire to activate a shipping line between the two countries Full text...

  • Nigeria: Wednesday's foreign exchange rates for the Naira
    13 august 2014 21:42:10
    Lagos, Nigeria (PANA) - Here are Wednesday's exchange rates for the Nigerian currency, the Naira, against other currencies, as released by the Central Bank of Nigeria (CBN). Full text...

  • Botswana: Botswana firm eyes regional expansion
    13 august 2014 13:16:06
    Gaborone, Botswana (PANA) - The Botswana Stock Exchange (BSE)-listed FSG, the leading funeral service provider in Botswana, has announced plans to expand its footprint in the region. Full text...

  • Ghana: Wednesday's exchange rates for Ghana cedi
    13 august 2014 12:23:33
    Accra, Ghana (PANA) - The following are Wednesday's average inter-bank exchange rates for the Ghana cedi, as announced by the Ghana Association of Bankers: Full text...

  • Mauritania: Wednesday’s forex rates for Ouguiya
    13 august 2014 11:54:11
    Nouakchott, Mauritania (PANA) – Following are the latest exchange rates for the Mauritanian Ouguiya: Full text...

  • Cote d'Ivoire: Trading up at the West African Bourse
    13 august 2014 11:51:15
    Abidjan, Cote d’Ivoire (PANA) - Trading at the West African regional stock exchange, BRVM, ended Tuesday on the rise with the BRVM index 10 inching from 260.69 points to 261.34 points, representing a rise of 0.25%. Full text...

  • Senegal: Wednesday's forex rates for Gambian Dalasis
    13 august 2014 11:39:10
    Dakar, Senegal (PANA) – Following are Wednesday's foreign exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Mauritius: Wednesday's forex rates for Rupee
    13 august 2014 08:10:45
    Port-Louis, Mauritius (PANA) - Following are Wednesday's exchange rates for the Mauritian Rupee: Full text...

  • Tanzania: Wednesday's forex rates for Shilling
    13 august 2014 07:42:39
    Dar es Salaam, Tanzania (PANA) - Following are Wednesday's exchange rates for the Tanzania Shilling: Full text...

  • Nigeria: Tuesday's foreign exchange rates in Nigeria
    12 august 2014 22:21:25
    Lagos, Nigeria (PANA) - Here are the latest exchange rates for the Nigerian currency, the Naira, against other currencies, as released by the Central Bank of Nigeria (CBN). Full text...

  • Côte d’Ivoire: Trading rises at West African bourse
    12 august 2014 18:46:43
    Abidjan, Côte d’Ivoire (PANA) – The West African bourse (BRVM) has closed trading Monday on a high compared to the previous session, with the BRVM 10 index rising from 255.89 to 260.69 points, or a 1.88 percent rise as the BRVM Composite index gained 1.43 percent to 245.31 points as against 241.84 points previously. Full text...

  • Tunisia: Tunisian foreign minister stresses efficiency to attract US investments
    12 august 2014 17:21:16
    Tunis, Tunisia (PANA) – Tunisian diplomacy must be very efficient and persuasive to be able to attract half of the US investment funds announced at last week's US-Africa Leaders’ Summit for the sector of infrastructure, put at 15 billion dollars, Tunisian Minister for Foreign Affairs Mongi Hamdi said here Tuesday in a press statement. Full text...

  • Cameroon: Govovernment issues 10 billion FCFA treasury bonds
    12 august 2014 17:08:26
    Yaoundé, Cameroon (PANA) - The government of Cameroon is due to issue Wednesday Treasury bonds worth 10 billion FCFA (1 $ = 629,71 FCFA) that will mature after 13 weeks, according to the Bank of Central African States (BEAC). Full text...

  • Congo: Oil production in Congo to hit 120 million barrels in 2017
    12 august 2014 15:10:03
    Brazzaville, Congo (PANA) – The Congolese president, Denis Sassou Nguesso, Tuesday said the country's oil production will reach 120 million barrels per day in 2017 as against the daily production of 95 million barrels this year. Full text...

  • Kenya: Danish govt. to invest US$ 206 million in Kenya projects
    12 august 2014 14:37:23
    Nairobi, Kenya (PANA) - At a time when many believe that Kenya is looking east for development partners, the Danish Government says it plans to invest US$ 206,896,551 (Sh 18 billion) in the country in the next four years to support various development projects. Full text...

  • Nigeria: Govt. revokes 600 mining licences
    12 august 2014 13:41:21
    Lagos, Nigeria (PANA) – The Nigerian government has revoked 600 mining licences, for non-compliance with the relevant laws guiding mining operations in the country, according to local media reports on Tuesday. Full text...

  • Tanzania: Oil, gas prospecting company lists on Dar es Salaam Stock Exchange
    12 august 2014 12:59:04
    Dar es Salaam, Tanzania (PANA) - Swala Oil and Gas (Tanzania) Plc has become the second company to list on the Enterprise Growth Market (EGM), introduced on the Dar es Salaam Stock Exchange (DSE) last year, to facilitate access of small- and medium-sized businesses to the capital market. Full text...

  • Mauritania: BINTER airline resumes flight to Mauritania
    12 august 2014 12:49:54
    Nouakchott, Mauritania (PANA) - The Spanish private airline company, BINTER, on Monday said it resumed its flights to Nouakchott from the Canary Islands on 5 August. Full text...

  • Gambia: Tuesday’s forex rates for Gambian Dalasis
    12 august 2014 12:43:06
    Banjul, Gambia (PANA) - The following are Tuesday’s foreign exchange rates for the Gambian Dalasis: Full text...

  • Mauritania: Tuesday's forex rates for Ouguiya
    12 august 2014 12:31:27
    Nouakchott, Mauritania (PANA) - Following are Tuesday's foreign exchange rates for the Mauritanian Ouguiya: Full text...

  • Mauritius:Tuesday's forex rates for Rupee
    12 august 2014 09:29:30
    Port-Louis, Mauritius (PANA) - Following are Tuesday's exchange rates for the Mauritian Rupee: Full text...

  • Ghana: Tuesday's exchange rates for Ghana cedi
    12 august 2014 09:28:22
    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...

  • Tanzania: Tuesday's forex rates for Shilling
    12 august 2014 09:20:35
    Dar es Salaam, Tanzania (PANA) - Following are Tuesday's exchange rates for the Tanzania Shilling: Full text...

  • Nigeria: Monday's foreign exchange rates in Nigeria
    11 august 2014 22:24:15
    Lagos, Nigeria (PANA) - Following are the latest exchange rates for the Nigerian currency, the Naira, against other currencies, as released by the Central Bank of Nigeria (CBN). Full text...

  • Tunisia: Minister paints gloomy financial picture for Tunisia in 2015
    11 august 2014 15:22:19
    Tunis, Tunisia (PANA) - The Tunisian Minister of Economy and Finance, Hakim Ben Hammouda, on Monday painted a gloomy financial picture for the north African country, saying that domestic and foreign investors are still hesitating in doing business. Full text...

  • Rwanda: Monday's forex rates for Rwandan Franc
    11 august 2014 15:13:15
    Kigali, Rwanda (PANA) - Following are Monday's foreign exchange rates for the Rwandan Franc: Full text...

  • Tanzania: Google, Yahoo make phone numbers mandatory for new email IDs
    11 august 2014 13:37:59
    Dar es Salaam, Tanzania (PANA) - World's most popular free email providers, Google (Gmail) and Yahoo, have made telephone numbers mandatory for creation of new email addresses in a bid to check spam, a global telecoms industry monitoring firm, Pyramid Research, said Monday. Full text...

  • Tanzania: MTN-Rwanda eyes cross-border mobile money
    11 august 2014 13:31:04
    Dar es Salaam, Tanzania (PANA) - With growing competition in mobile banking in the telecoms sector within the country, MTN-Rwanda is looking at venturing into cross-border mobile money transactions, a move expected to beef up its position as a leading telecoms by assets, revenues and subscriber base. Full text...

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