Economy -
  • Botswana: 11,000 citizens contest naming world's second largest diamond
    04 february 2016 09:42:47
    Gaborone, Botswana (PANA) – Canadian junior diamond miner, Lucara Diamond, developers of Karowe Mine in Botswana, on Thursday announced that the company has received 11,000 entries from contestants to name the second largest ever diamond in the world. Full text...

  • Nigeria: African brand mobile launches in Nigeria
    04 february 2016 06:21:25
    Lagos, Nigeria (PANA) - African mobile technology brand 'AG Mobile', recognised as one of the continent’s first ODM (original design manufacturer), has launched in Nigeria, IT News Africa reported on Thursday. Full text...

  • Senegal: Thursday's forex rates for the Gambian Dalasis
    04 february 2016 06:08:34
    Dakar, Senegal (PANA) – The following are Thursday’s exchange rates for the Gambian Dalasis (D) as published by Trust Bank Gambia Ltd: Full text...

  • Tanzania: Thursday's exchange rates for Tanzania Shilling
    04 february 2016 06:05:59
    Dar es Salaam, Tanzania (PANA) - The following Thursday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • Ghana: Thursday's exchange rates for Ghana cedi
    04 february 2016 06:04:08
    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...

  • US: Nigerian airline re-launches Lagos-Freetown flights
    03 february 2016 13:58:51
    New York, US (PANA) - Nigeria's leading airline, Arik Air, will resume flight services Full text...

  • Rwanda: Wednesday's forex rates for Rwandan Franc
    03 february 2016 13:46:46
    Kigali, Rwanda (PANA) - The following are Wednesday's exchange rates for the Rwandan Franc as issued by the National Bank of Rwanda. Full text...

  • Gabon: Wednesday's forex rates for CFAF in Central Africa
    03 february 2016 13:15:05
    Libreville, Gabon (PANA) – The following are Wednesday's exchange rates for the CFA franc in Central Africa as announced by the Bank of Central African States (BEAC). Full text...

  • Mauritania: Wednesday's forex rates for Ouguiya
    03 february 2016 13:02:05
    Nouakchott, Mauritania (PANA) – The following are Wednesday's exchange rates for the Mauritanian Ouguiya as issued by Central Bank of Mauritania. Full text...

  • Rwanda: Platform to connect aviation, hotel sectors to take off
    03 february 2016 10:28:42
    Kigali, Rwanda (PANA) - A unique platform bringing together airlines, airports, hotel and hospitality investors for the first time, is being launched in October this year in Rwanda. Full text...

  • Tanzania: Tanzania cuts fuel prices
    03 february 2016 10:17:43
    Dar es Salaam, Tanzania (PANA) - With effect from Wednesday, motorists in Tanzania are paying less for petrol and diesel at refilling stations following move by the Energy and Water Utilities Regulatory Authority (EWURA) to reduce prices of the two products in the local market. Full text...

  • Mauritius: Wednesday's forex rates for Rupee
    03 february 2016 08:45:32
    Port-Louis, Mauritius (PANA) – The following are Wednesday's exchange rates for the Mauritian Rupee published by the Mauritius Commercial Bank. Full text...

  • Tanzania: Tanzania government aims to upgrade tourist facilities, services
    03 february 2016 08:42:33
    Dar es Salaam, Tanzania (PANA) - Tanzania's Ministry of Natural Resources and Tourism is planning to educate local hotel proprietors on the importance of improving their services to match with the grades of their business establishment and boost tourism. Full text...

  • Ghana: IMF, DFID highlight value of data for better economic policies in Africa
    03 february 2016 06:43:39
    Accra, Ghana (PANA) - Among the main challenges that African countries are facing to enhance data is the appropriate minimum standards and benchmarks for data quality from a policy maker’s perspective, according to participants of one of the largest regional conferences on the importance of data for better macroeconomic policies that ended on Tuesday in Accra. Full text...

  • Tanzania: Wednesday's exchange rates for Tanzania Shilling
    03 february 2016 06:04:45
    Dar es Salaam, Tanzania (PANA) - The following are Wednesday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • Senegal: Wednesday's forex rates for Gambian Dalasis
    03 february 2016 05:58:14
    Dakar, Senegal (PANA) – The following are Wednesday’s exchange rates for the Gambian Dalasis (D) as published by Trust Bank Gambia Ltd: Full text...

  • Ghana: Wednesday's exchange rates for Ghana cedi
    03 february 2016 05:55:08
    Accra, Ghana (PANA) - The following are Wednesday's average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Rwanda: Tuesday's forex rates for Rwandan Franc
    02 february 2016 13:22:40
    Kigali, Rwanda (PANA) - The following are Tuesday's exchange rates for the Rwandan Franc as issued by the National Bank of Rwanda. Full text...

  • Mauritius: Tuesday's forex rates for Rupee
    02 february 2016 09:06:25
    Port-Louis, Mauritius (PANA) – The following are Tuesday's exchange rates for the Mauritian Rupee. Full text...

  • UN: UN launches new initiative to tackle employment crisis
    02 february 2016 06:52:35
    New York, US (PANA) - As more than 800 young leaders gather in New York for the annual United Nations Economic and Social Council (ECOSOC) Youth Forum, UN officials on Monday launched a new initiative to tackle youth unemployment, making it clear that success in fighting poverty and inequality will largely depend on them being a driving force. Full text...

  • Ghana: Tuesday's exchange rates for Ghana cedi
    02 february 2016 06:27:09
    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 the Gambian Dalasis
    02 february 2016 06:26:00
    Dakar, Senegal (PANA) – The following are Tuesday’s exchange rates for the Gambian Dalasis (D) as published by Trust Bank Gambia Ltd: Full text...

  • Tanzania: Tuesday's exchange rates for Tanzania Shilling
    02 february 2016 06:24:01
    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...

  • Botswana: Botswana finance minister calls for prudence in govt spending
    01 february 2016 17:05:06
    Gaborone, Botswana (PANA) – Botswana’s Finance minister Kenneth Mathambo has implored government to practise austerity measures, as the new financial year 2016/2017 kicks off in April. Full text...

  • Botswana: Botswana government budget prioritises water, electricity
    01 february 2016 16:16:12
    Gaborone, Botswana (PANA) - Botswana government has promised to increase resources for implementing water and electricity projects in the 2016/2017 financial year, as part of its efforts to prop up the economy. Full text...

  • Kenya: 2015 - Challenging year for African capital markets
    01 february 2016 13:41:45
    Nairobi, Kenya (PANA) - In line with global trends, 2015 was a challenging year for African capital markets in the wake of market volatility and the emergence of renewed global economic uncertainty in the latter part of the year, international accounting firm Price Waterhouse Coopers (PwC) said in its 2015 African Capital Markets Watch report released Monday. Full text...

  • Senegal: Gambia lowers fuel prices
    01 february 2016 13:11:24
    Dakar, Senegal (PANA) – The Gambian government has announced a reduction in the price of fuel with effect from February 1 across the West African country. Full text...

  • Ethiopia: Kenya to host TICAD VI summit
    01 february 2016 12:09:45
    Addis Ababa, Ethiopia (PANA) - The Sixth Tokyo International Conference on African Development (TICAD VI) Summit will be held in Africa for the first time, with Kenya being the host nation. Full text...

  • Senegal: Monday's forex rates for the Gambian Dalasis
    01 february 2016 06:09:27
    Dakar, Senegal (PANA) – The following are Monday’s exchange rates for the Gambian currency, the Dalasis (D), as published by Trust Bank Gambia Ltd: Full text...

  • Tanzania: Monday's exchange rates for Tanzania Shilling
    01 february 2016 06:06:46
    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...

  • Ghana: Monday's exchange rates for Ghana cedi
    01 february 2016 05:52:33
    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...

  • Ghana: Ghana says new oilfield development making 'significant progress'
    31 january 2016 19:40:58
    Accra, Ghana (PANA) - A new oilfield in Ghana, the Sankofa-Gye Nyame field, which is the country's third oil and gas field, is making significant progress, the state-owned Ghana National Petroleum Corporation (GNPC) announced on Sunday. Full text...

  • Senegal: Saturday's forex rates for Gambian Dalasis
    30 january 2016 08:57:51
    Dakar, Senegal (PANA) – The following are Saturday’s foreign exchange rates for the Gambian currency, the Dalasis (D), as published by Trust Bank Gambia ltd: Full text...

  • Botswana: Sub-Saharan Africa SMICs discuss ways to unlock their productivity growth
    29 january 2016 17:28:46
    Gaborone, Botswana (PANA) - Beyond following prudent policies that will help preserve economic stability (a precondition for growth), Small Middle-Income Countries (SMICs) should not lose sight of the need to build resilience, adopt more inclusive policies, and foster economic diversification, according to participants of a one-day regional conference on SMICs in Sub-Saharan Africa held here Friday. Full text...

  • Senegal: IMF encourages better business climate in WAEMU
    29 january 2016 06:33:34
    Dakar, Senegal (PANA) - Despite the fragile security situation in some member countries of the West African Economic and Monetary Union (WAEMU) and a less favourable external environment in 2015, economic growth exceeded 6 percent for the second consecutive year, driven in particular by strong growth in Côte d’Ivoire and Senegal and by higher public investment, according to a staff team of the International Monetary Fund (IMF). Full text...

  • Senegal: Friday's forex rates for the Gambian Dalasis
    29 january 2016 06:02:38
    Dakar, Senegal (PANA) – The following are Friday’s exchange rates for the Gambian Dalasis (D) as published by Trust Bank Gambia Ltd. Full text...

  • Ghana: Friday's exchange rates for Ghana cedi
    29 january 2016 05:53:48
    Accra, Ghana (PANA) - The following are Friday's average interbank exchange rates for Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Tanzania: Friday's exchange rates for Tanzania Shilling
    29 january 2016 05:52:24
    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...

  • Sudan: Sudanese Parliament tasks government on cooking gas price increase
    28 january 2016 14:37:13
    Khartoum, Sudan (PANA) - The Sudanese Parliament has given the government of President Omar Bashir 24 hours to reconsider the recently increased prices for cooking gas, which have been denounced by Sudanese Consumer Protection Society (SCPS) as a new burden on the consumer. Full text...

  • Mauritania: Thursday's exchange rates for Mauritanian Ouguiya
    28 january 2016 12:21:00
    Nouakchott, Mauritania (PANA) – The following are Thursday's exchange rates for the Mauritanian Ouguiya as issued by Central Bank of Mauritania. Full text...

  • Gabon: Thursday's exchange rates for CFAF in Central Africa
    28 january 2016 11:45:50
    Libreville, Gabon (PANA) – The following are Thursday's exchange rates for the CFA franc in Central Africa as announced by the Bank of Central African States (BEAC). Full text...

  • Ghana: TI calls on people everywhere to speak out against corruption
    28 january 2016 10:27:47
    Accra, Ghana (PANA) - Although corruption is still rife globally, more countries improved their scores in the 2015 edition of Transparency International’s (TI) Corruption Perceptions Index (CPI) than declined, the anti-corruption watchdog has said. Full text...

  • Mauritius: Thursday's forex rates for Rupee
    28 january 2016 08:52:14
    Port-Louis, Mauritius (PANA) – The following are Thursday's foreign exchange rates for the Mauritian Rupee. Full text...

  • Mauritius: China gives Mauritius US$75 million interest-free loan
    28 january 2016 08:44:27
    Port-Louis, Mauritius (PANA) - China has given an interest-free loan of US$75 million to Mauritius, PANA learnt Thursday from official sources in the Mauritian capital. Full text...

  • Tanzania: Thursday's exchange rates for Tanzania Shilling
    28 january 2016 06:27:05
    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...

  • Senegal: Thursday's forex rates for the Gambian Dalasis
    28 january 2016 06:03:58
    Dakar, Senegal (PANA) – The following are Thursday’s exchange rates for the Gambian Dalasis (D) as published by Trust Bank Gambia Ltd: Full text...

  • Ghana: Thursday's exchange rates for Ghana cedi
    28 january 2016 05:49:33
    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...

  • Ethiopia: AU Commissioner warns of ‘silent financial crisis’ in Africa
    27 january 2016 17:36:22
    Addis Ababa, Ethiopia (PANA) - A “silent financial crisis” is sweeping across Africa, ignited by sluggish prices of major exports and an increment in the amount of foreign debt owed by African countries due to the rapid weakening of national currencies, according to the African Union (AU) Commission. Full text...

  • Mauritania: Wednesday's forex rates for Mauritanian Ouguiya
    27 january 2016 15:02:07
    Nouakchott, Mauritania (PANA) – Following are Wednesday's foreign exchange rates for the Mauritanian Ouguiya" Full text...

  • US: Thomas Cook Airlines pulls out of Tunisia due to security concerns
    27 january 2016 14:50:19
    New York, US (PANA) - A British private airline based in Manchaster, Thomas Cook Airlines, said it will withdraw operations in Tunisia, citing security concerns. Full text...

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