Economy -
  • Tanzania's forex rates Wednesday
    12 june 2013 07:48:46
    Dar es Salaam, Tanzania (PANA) - Following are Wednesday's foreign exchange rates for the Tanzanian shilling: Full text...

  • Tuesday's forex rates in Nigeria
    11 june 2013 20:02:36
    Lagos, Nigeria (PANA) - Following are Tuesday's foreign exchange rates for the Nigerian currency, the Naira: Full text...

  • 'Sudan's closure of oil pipelines from S/Sudan will affect both countries'
    11 june 2013 14:27:28
    Khartoum, Sudan (PANA) - Catherine Ashton, the EU High Representative for Foreign Affairs and Security Policy, has expressed "grave concern" at the decision of the Sudanese government to block oil exports from South Sudan and freeze all nine cooperation agreements signed between the two countries in Addis Ababa on 27 September, 2012, according to an EU statement. obtained here Tuesday by PANA. Full text...

  • Tuesday’s exchange rate for Central African CFA Franc
    11 june 2013 12:59:10
    Libreville, Gabon (PANA) - Following are the exchange rates for the Central African CFA Franc , as issued on Tuesday by the Bank of Central African States (BEAC). Full text...

  • Tuesday’s exchange rates for Mauritanian Ouguiya
    11 june 2013 12:18:09
    Nouakchott, Mauritania (PANA) - Following are Tuesday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Latest forex rates for Mauritian rupee
    11 june 2013 12:08:14
    Port-Louis, Mauritius (PANA) - Following are Tuesday's exchange rates for the Mauritian rupee: Full text...

  • Latest forex rates for Rwandan Franc
    11 june 2013 12:07:01
    Kigali, Rwanda (PANA) - Following are Tuesday's exchange rates for the Rwandan franc: Full text...

  • Libya loses 250,000 oil barrels per day to strikes, protests
    11 june 2013 11:46:37
    Tripoli, Libya (PANA) - Incessant sit-ins and protest marches in some oil facilities in Libya have led to a decline in oil production of nearly 250,000 barrels per day, according to Libya's Minister of Oil and Gas Abdel al-Bari al-Arroussi. Full text...

  • Electricity-starved Nigeria investigates incessant power system collapse
    11 june 2013 07:59:02
    Lagos, Nigeria (PANA) - Nigeria, where only 40 million of its 160 million people have access to public power supply, has set up a panel to investigate the incessant power system collapse experienced in the country in the past five months. Full text...

  • Tanzania's forex rates Tuesday
    11 june 2013 07:16:48
    Dar es Salaam, Tanzania (PANA) - Following are the exchange rates of the Tanzanian shilling for Tuesday: Full text...

  • IMF approves US$15.1m for Mali
    10 june 2013 22:08:14
    New York, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a disbursement of an amount equivalent to Special Drawing Rights (SDR) of 10 million (about US$15.1 million) for Mali under the Rapid Credit Facility (RCF). Full text...

  • Monday's foreign exchange rates for Nigeria's naira
    10 june 2013 21:27:13
    Lagos, Nigeria (PANA) - The following are the exchange rates for the Nigerian currency, the Naira, against other major foreign currencies on Monday, as released by the Central Bank of Nigeria (CBN). Full text...

  • Monday's forex rates for Mauritanian Ouguiya
    10 june 2013 18:19:13
    Nouakchott, Mauritania (PANA) – Following are Monday's foreign exchange rates for the Mauritanian Ouguiya: Full text...

  • Monday's forex rates in Gambia
    10 june 2013 18:14:59
    Dakar, Senegal (PANA) – Following are Monday's foreign exchange rates for the Gambian currency, the Dalasis (D) : Full text...

  • Monday's forex rates in Zambia
    10 june 2013 13:42:29
    Lusaka, Zambia (PANA) – Following are Monday's foreign exchange rates for the Zambian kwacha: Full text...

  • Tanzania's forex rates Monday
    10 june 2013 07:05:17
    Dar es Salaam, Tanzania (PANA) - Following are Monday's exchange rates for the Tanzanian shilling: Full text...

  • Sunday’s forex rates for Mauritanian Ouguiya
    09 june 2013 12:37:05
    Nouakchott, Mauritania (PANA) – Following are Sunday's foreign exchange rates for the Mauritanian Ouguiya: Full text...

  • Nigeria owes US$ 6.67 billion external debt -- Finance Minister
    09 june 2013 08:43:57
    Lagos, Nigeria (PANA) - Nigeria's Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, has put the nation’s external debt at US$ 6.67 billion, saying that the clarification became necessary because of the various figures being quoted in the debate over the country's indebtedness. Full text...

  • Bashir orders closure oil pipeline transporting S. Sudan oil
    08 june 2013 19:50:19
    Khartoum, Sudan (PANA) - Sudan's President Omar al Bashir has ordered the closure of Sudan’s oil pipeline transporting South Sudan oil with effect from Sunday, as political differences between the two countries takes another dip. Full text...

  • IMF approves US$1.74b Stand-By Arrangement for Tunisia
    08 june 2013 16:33:59
    New York, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a 24-month Stand-By Arrangement for an amount equivalent to Special Drawing Rights (SDR) 1.146 billion (US$1.74 billion) to Tunisia to support the country’s economic reform programme during 2013-2015 period. Full text...

  • IMF approves US$74.1m for Cote d'Ivoire
    08 june 2013 15:58:14
    New York, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved the immediate disbursement of Special Drawing Rights (SDR) of 48.78 million (about US$74.1 million) to Cote d'Ivoire. Full text...

  • EU pledges support to uranium mining in Tanzania
    08 june 2013 09:23:32
    Dar es Salaam, Tanzania (PANA) – Convinced with Tanzania’s regulation with regard to international safety standards, the European Union (EU) has pledged to cooperate with the East African country in its plan to mine uranium. Full text...

  • ECOWAS member nations highlight investment potentials in Lagos
    07 june 2013 19:13:17
    Lagos, Nigeria (PANA) - West African nations took their turns in Lagos to showcase available investment opportunities and incentives for would-be investors with an assurance for high return on investments. Full text...

  • Latest foreign exchange rates in Rwanda
    07 june 2013 18:36:33
    Kigali, Rwanda (PANA) – Here are Friday's foreign exchange rates for the Rwandan franc: Full text...

  • Total-Gabon shareholders to share CFA F 80 billion
    07 june 2013 13:23:44
    Libreville, Gabon (PANA) – The oil firm, Total-Gabon, is to share CFA F 80 billion among its shareholders for the year 2012, according to a communiqué issued here Friday by the company. Full text...

  • Friday’s forex rates for Central African CFA F
    07 june 2013 13:19:52
    Libreville, Gabon (PANA) – Following are Friday's foreign exchange rates for the CFA Franc in Central Africa: Full text...

  • Friday's forex rates in Zambia
    07 june 2013 13:16:10
    Lusaka, Zambia (PANA) – Following are Friday's foreign exchange rates for the Zambian kwacha: Full text...

  • Friday's forex rates in Gambia
    07 june 2013 13:14:25
    Dakar, Senegal (PANA) – Following are Friday's foreign exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • AU industry ministers to discuss post-2015 development agenda in Nairobi
    07 june 2013 12:16:49
    Addis Ababa, Ethiopia (PANA) – The 20th ordinary session of the Conference of the African Union Ministers of Industry (CAMI) is due to take place in Nairobi, Kenya, from 10-14 June, it was officially announced here Friday. Full text...

  • Nigerian oil workers threaten strike over "anti-labour moves" in multinationals
    07 june 2013 07:41:52
    Lagos, Nigeria (PANA) - The powerful Nigerian oil workers' union, the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG), Thursday issued a 14-day strike notice to the federal government over unresolved disputes with Shell Petroleum Development Company (SPDC), Chevron Nigeria Limited and Agip Oil Company. Full text...

  • Tanzania's forex rates Friday
    07 june 2013 06:59:50
    Dar es Salaam, Tanzania (PANA) - Following are Friday's foreign exchange rates for the Tanzanian shilling: Full text...

  • ‘Support for private sector key to Africa’s economic growth’
    06 june 2013 21:46:55
    Lagos, Nigeria (PANA) - African governments have been urged to give all the necessary support to the private sector in exploring the vast opportunities that abound on the continent. Full text...

  • Thursday's forex rates in Rwanda
    06 june 2013 18:16:14
    Kigali, Rwanda (PANA) – Here are Thursday's foreign exchange rates for the Rwandan franc: Full text...

  • Third ECOWAS Investment Forum opens in Lagos
    06 june 2013 14:56:07
    Lagos, Nigeria (PANA) - Former Nigerian President Olusegun Obasanjo Thursday called on ECOWAS member countries to focus more attention on youth employment and policies that will attract more investors to the region. Full text...

  • EU grants 15m euros to Indian Ocean countries for renewable energy
    06 june 2013 14:06:19
    Ebene, Mauritius (PANA) – The European Union (EU) Thursday announced a 15-million-euro donation to member-states of the Indian Ocean Commission (COI) to enable them fund their projects on renewable energy and energy sustainability, the COI Secretary General, Jean-Claude de l’Estrac, disclosed. Full text...

  • Nigeria has 117m telephone subscribers
    06 june 2013 14:00:53
    Lagos, Nigeria (PANA) - Nigeria's telephone subscribers grew from 116 million in February to 117 million in March 2013, the private Guardian newspaper reported Thursday, citing figures from the regulatory National Communications Commission (NCC). Full text...

  • Thursday’s exchange rates for Mauritian rupee
    06 june 2013 13:20:15
    Port-Louis, Mauritian (PANA) - Following are Thursday's exchange rates for the Mauritian rupee: Full text...

  • 120m Nigerians have no access to electricity - Govt
    06 june 2013 13:08:33
    Lagos, Nigeria (PANA) - In a rare admission, Nigeria's federal government has acknowledged the poor state of public electricity supply in Africa's most population nation of 160 million people, saying only 40 million of the population (25%) have access to power supply. Full text...

  • Military helicopter crash in Sudan kills two
    06 june 2013 11:24:09
    Khartoum, Sudan (PANA) - A military helicopter has crashed in South-eastern Sudan, killing its two crew members, the Sudanese News Agency quoted the army to have said on Thursday. Full text...

  • Thursday’s forex rates for Mauritanian Ouguiya
    06 june 2013 11:16:15
    Nouakchott, Mauritania (PANA) - Following are Thursday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Jonathan, Ouattara, Obasanjo, others for ECOWAS Investment Forum
    05 june 2013 19:48:32
    Lagos, Nigeria (PANA) - President Goodluck Jonathan of Nigeria, his Ivorian counterpart, Alassane Ouattara, and former Nigerian leader, Chief Olusegun Obasanjo, are expected at the opening ceremony of the third ECOWAS Investment Forum, starting Thursday in the economic capital city of Lagos, Ms. Enitan Obasanjo-Adeleye, spokesperson for the organisers, told PANA Wednesday. Full text...

  • Wednesday's forex rates in Rwanda
    05 june 2013 19:15:14
    Kigali, Rwanda (PANA) – Here are Wednesday's foreign exchange rates for the Rwandan franc: Full text...

  • African experts urged to harmonize standard of Trans African Highway
    05 june 2013 19:13:00
    Abuja, Nigeria (PANA) - African road infrastructure and road safety experts have been urged to recommend "pragmatic and implementable action plans" for achieving an "ambitious" plan to harmonise the standards for the Trans African Highway and improve road safety. Full text...

  • Wednesday’s exchange rates for Mauritanian Ouguiya
    05 june 2013 14:13:47
    Nouakchott, Mauritania (PANA) - Following are Wednesday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Wednesday's forex rates in Gambia
    05 june 2013 14:11:17
    Dakar, Senegal (PANA) - Following are Wednesday's exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Nigerian bank to shut operations to upgrade facilities
    05 june 2013 13:07:30
    Lagos, Nigeria (PANA) - One of Nigeria’s leading financial institutions, First Bank Plc, has announced that it will shut down its operations across the country from Thursday to Monday so it can upgrade its core banking application system. Full text...

  • Tanzania's forex rates Wednesday
    05 june 2013 07:29:03
    Dar es Salaam, Tanzania (PANA) - Following are Wednesday's exchange rates for the Tanzanian shilling: Full text...

  • Switzerland grants Mali 9.6 billion FCFA for social services
    04 june 2013 20:16:11
    Bamako, Mali (PANA) – Mali and Switzerland have signed an agreement for 9.6 billion CFAF for a programme to support Mali's urban districts (PACUM), official sources told PANA on Tuesday. Full text...

  • Tuesday's forex rates in Nigeria
    04 june 2013 18:49:13
    Lagos, Nigeria (PANA) - Following are Tuesday's foreign exchange rates for the Nigerian currency, the Naira: Full text...

  • Tuesday's forex rates in Zambia
    04 june 2013 14:16:06
    Lusaka, Zambia (PANA) – Following are Tuesday's foreign exchange rates for the Zambian kwacha: Full text...

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