Economy -
  • 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...

  • Mauritania: Friday's forex rates for Ouguiya
    12 december 2014 10:24:28
    Nouakchott, Mauritania (PANA) – Here are Friday's foreign exchange rates for the Mauritania Ouguiya: Full text...

  • Senegal: Friday’s forex rates for Gambian Dalasis
    12 december 2014 10:11:57
    Dakar, Senegal (PANA) – Following are Friday’s foreign exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Mauritius: Friday's forex rates for Rupee
    12 december 2014 10:10:18
    Port-Louis, Mauritius (PANA) - The following are Friday's foreign exchange rates for the Mauritian Rupee: Full text...

  • US: IMF says economic activity progressing in Algeria
    12 december 2014 07:28:50
    New York, US (PANA) - Economic activity in Algeria picked up in 2014, with real GDP growth projected to reach 4.0 per cent following 2.8 per cent growth in 2013, the International Monetary Fund (IMF) said. Full text...

  • Tanzania: Friday's forex rates for Shilling
    12 december 2014 07:21:53
    Dar es Salaam, Tanzania (PANA) - Following are Friday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania: Full text...

  • Mauritania: Mauritanian Ouguiya tumbles against major currencies Thursday
    11 december 2014 19:05:40
    Nouakchott, Mauritania (PANA) - Mauritanian Ouguiya continued its decline against the world's major currencies, according the exchange rates released Thursday by the central Bank of Mauritania (BSM). Following are the exchange rates: Full text...

  • Gabon: Thursday's forex rates for Central African CFA
    11 december 2014 18:37:55
    Libreville, Gabon (PANA) - Following are Thursday’s exchange rates for the Bank of Central African States (BEAC) currency, the CFA: Full text...

  • Tanzania: IMF Board hails South Africa's progress, improved living standards
    11 december 2014 18:33:54
    Dar es Salaam, Tanzania (PANA) - South Africa has made substantial progress in its first 20 years of democracy, achieving much improved living standards for its citizens, according to the Executive Board of the International Monetary Fund (IMF). Full text...

  • Tanzania: IMF mission says DRC economy showing resilience with positive trends
    11 december 2014 18:10:58
    Dares Salaam, Tanzania (PANA) - Despite a challenging external and domestic environment, the DR Congo’s economy continues to show resilience with positive trends in key macroeconomic indicators, according to a technical team from the International Monetary Fund (IMF) that has just concluded a week-long visit to Kinshasa. Full text...

  • Cote d'Ivoire: Bank of Senegal listed on the BRVM
    11 december 2014 14:24:23
    Abidjan, Cote d'Ivoire (PANA) - The Senegalese Bank of Africa (BOA) was Wednesday listed on the West African regional stock exchange (BRVM), bringing the number of companies on its roll to 38. Full text...

  • Senegal: Thursday’s forex rates for Gambian Dalasis
    11 december 2014 11:03:35
    Dakar, Senegal (PANA) - The following are Thursday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Nigeria: ECOWAS to churn out new set of young entrepreneurs
    11 december 2014 08:58:03
    Abuja, Nigeria (PANA) - Another batch of young people from ECOWAS Member States will receive their certificates on 16 December, 2014, after the successful completion of their one-month intensive training at the Songhaï Centre, Porto-Novo, Benin Republic, according to an ECOWAS Commission press statement, received here by PANA. Full text...

  • Ghana: Thursday's forex rates for Ghana cedi
    11 december 2014 08:21:12
    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...

  • Tanzania: Thursday's forex rates for Shilling
    11 december 2014 06:23:37
    Dar es Salaam, Tanzania (PANA) - Following are Thursday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania: Full text...

  • US: IMF reviews Rwanda's economic performance
    11 december 2014 06:21:21
    New York, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the second review of Rwanda’s economic performance under the programme supported by the Policy Support Instrument (PSI) and also concluded the 2014 Article IV consultation with Rwanda. Full text...

  • US: IMF reviews Uganda's economic performance
    11 december 2014 06:15:16
    New York, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the third review of Uganda’s economic performance under the programme supported by the Policy Support Instrument (PSI), an IMF statement said on Thursday. Full text...

  • Nigeria : Latest foreign exchange rates in Nigeria
    10 december 2014 20:16:09
    Lagos, Nigeria (PANA) - Following are the latest exchange rates for the Nigerian currency,the Naira as released by the Central Bank of Nigeria: Full text...

  • Nigeria: Real GDP growth in West Africa to be higher in 2015 despite Ebola
    10 december 2014 15:16:21
    Abuja, Nigeria (PANA) - Economic growth in the West African sub-region in 2015 is expected to be impressive despite the impact of the Ebola Virus Disease (EVD) which is currently ravaging some countries in the region, a senior West African official has said. Full text...

  • Mauritania: Wednesday's forex rates for Ouguiya
    10 december 2014 12:32:37
    Nouakchott, Mauritania (PANA) - The following are Wednesday's foreign exchange rates for the Mauritanian Ouguiya: Full text...

  • Senegal: Wednesday’s forex rates for Gambian Dalasis
    10 december 2014 10:30:22
    Dakar, Senegal (PANA) – Following are Wednesday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

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