Economy -
  • Niger grants gold exploration permit to Planet Mining
    14 january 2019 18:00:18
    Niamey, Niger (PANA) - The Niger government has granted a gold exploration licence in the northern Agadez region to a local company, Planet Mining SARL, according to an official statement released on Monday. Full text...

  • Sub-Saharan Africa to register 3.4 percent growth - Report
    14 january 2019 13:18:16
    Nairobi, Kenya (PANA) - Sub-Saharan Africa (SSA) is expected to register economic growth of 3.4 percent in 2019, higher than 2.7 percent expected in 2018 and 2.6 percent recorded in 2017, according to the World Bank. Full text...

  • Monday's forex rates for Rwandan Franc
    14 january 2019 08:57:27
    Kigali, Rwanda (PANA) - The following are Monday's foreign exchange rates for the Rwandan franc, as issued by the National Bank of Rwanda. Full text...

  • Monday's forex rates for the Mauritian Rupee
    14 january 2019 08:54:46
    Port-Louis, Mauritius (PANA) - Following are Monday's foreign exchange rates for the Mauritian Rupee as issued by the Commercial Bank of Mauritius. Full text...

  • Monday’s forex rates for the Gambian Dalasi
    14 january 2019 07:32:22
    Banjul, Gambia (PANA) – The following are Monday’s foreign exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

  • Fuel prices go down by about 5% in Mauritius
    12 january 2019 18:32:31
    Port-Louis, Mauritius (PANA) - Fuel prices have gone down by about 5% in Mauritius following the decrease in world market price of crude oil. Full text...

  • Niger adopts national oil policy
    12 january 2019 17:36:48
    Niamey, Niger (PANA) - Eight years after Niger began producing oil, the government on Friday adopted a National Oil Policy highlighting the strategic nature of the commodity, an official statement said on Saturday. Full text...

  • Niger gets national investment action plan for jobs
    12 january 2019 16:57:34
    Niamey, Niger (PANA) – The Nigerien government has adopted, at its weekly Council of Ministers meeting, a national investment action plan to create jobs in the health, social and economic growth sectors, an official statement issued on Saturday said. Full text...

  • Top official of Dakar-Bamako railway calls for early resumption of services
    12 january 2019 13:29:08
    Bamako, Mali (PANA) - The general manager of Dakar-Bamako Railway company, Senegalese Kibily Touré, has stressed the urgent need to resume rail services between Mali and Senegal so that workers can be paid. Full text...

  • Saturday's forex rates for the Mauritanian Ouguiya
    12 january 2019 11:25:47
    Nouakchott, Mauritania (PANA) – Following are Saturday’s exchange rates for the Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Saturday’s forex rates for the Gambian Dalasi
    12 january 2019 09:27:26
    Banjul, Gambia (PANA) – The following are Saturday’s foreign exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd. Full text...

  • Mauritania approves additional gas deal with Senegal
    11 january 2019 14:59:26
    Nouakchott, Mauritania (PANA) - The Mauritanian government has approved "the additional act to the Inter-State Cooperation Agreement on the development and exploitation of offshore cross-border gas field reserves" with Senegal, said a statement from the Council of Ministers in Nouakchott. Full text...

  • Shortage of domestic gas hits Niamey
    11 january 2019 14:06:31
    Niamey, Niger (PANA) - Shortage of domestic gas has hit Niger's capital, Niamey, with the country's only refinery unable to satisfy demand. Full text...

  • Friday's forex rates for the CFA Franc in Central Africa
    11 january 2019 11:56:53
    Libreville, Gabon (PANA) – Following are Friday’s foreign exchange rates for the CFA Franc, as issued by the Bank of the Central African States. Full text...

  • Friday's forex rates for the Mauritanian Ouguiya
    11 january 2019 11:54:37
    Nouakchott, Mauritania (PANA) – Following are Friday’s exchange rates for the Mauritanian Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Tunisia targets 25% of energy from renewable sources
    11 january 2019 11:31:44
    Tunis, Tunisia (PANA) – The head of the Tunisian government, Youssef Chahed, on Thursday announced the launch of several projects aimed at producing 1,000 megawatts of power from renewable energy sources, or about 25% of the national energy consumption. Full text...

  • Friday’s forex rates for the Gambian Dalasi
    11 january 2019 09:58:54
    Banjul, Gambia (PANA) – The following are Friday’s foreign exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

  • Friday's forex rates for Rwandan Franc
    11 january 2019 09:00:44
    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...

  • Friday's forex rates for the Mauritian Rupee
    11 january 2019 07:51:16
    Port-Louis, Mauritius (PANA) - Following are Friday's foreign exchange rates for the Mauritian Rupee as issued by the Commercial Bank of Mauritius. Full text...

  • Thursday's forex rates for the Mauritanian Ouguiya
    10 january 2019 10:31:03
    Nouakchott, Mauritania (PANA) – The following are Thursday’s exchange rates for the Mauritanian Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Thursday’s forex rates for the Gambian Dalasi
    10 january 2019 09:13:38
    Banjul, Gambia (PANA) – The following are Thursday’s foreign exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

  • Cote d'Ivoire attracts most FDI in French West Africa - UNCTAD report
    10 january 2019 09:08:41
    Abidjan, Côte d'Ivoire (PANA) - Cote d'Ivoire, with 25.8 percent of foreign direct investment (FDI) in the West African Economic and monetary Union (WAEMU) in 2017, remains the most attractive country in the French West Africa economic grouping. Full text...

  • Thursday's forex rates for the Mauritian Rupee
    10 january 2019 08:30:03
    Port-Louis, Mauritius (PANA) - Following are Thursday's foreign exchange rates for the Mauritian Rupee as issued by the Commercial Bank of Mauritius. Full text...

  • Thursday's forex rates for Rwandan Franc
    10 january 2019 07:43:04
    Kigali, Rwanda (PANA) - The following are Thursday's foreign exchange rates for the Rwandan franc, as issued by the National Bank of Rwanda. Full text...

  • New bridge on the Gambia River to accelerate African economic integration
    09 january 2019 19:21:55
    Ziguinchor, Senegal (PANA) - The opening of the bridge over the Gambia River will accelerate African economic integration, according to Pascal Ehemba, president of Ziguinchor Chamber of Commerce in Senegal. Full text...

  • Kenyan manufacturers seek protectionism to revive vehicle assembly plants
    09 january 2019 16:53:26
    Mombasa, Kenya (PANA) – Kenyan motor vehicle assembling firms have appealed to President Uhuru Kenyatta to pay special attention to the needs of manufacturing companies, including appointing a national automotive council, to implement policies required to promote the industry. Full text...

  • Wednesday's forex rates for the Mauritanian Ouguiya
    09 january 2019 11:58:59
    Nouakchott, Mauritania (PANA) – Following are Wednesday’s exchange rates for the Mauritanian Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Wednesday's forex rates for the Mauritian Rupee
    09 january 2019 08:23:22
    Port-Louis, Mauritius (PANA) - Following are Wednesday's foreign exchange rates for the Mauritian Rupee as issued by the Commercial Bank of Mauritius. Full text...

  • Wednesday’s forex rates for the Gambian Dalasi
    09 january 2019 08:20:05
    Banjul, Gambia (PANA) – The following are Wednesday’s foreign exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd. Full text...

  • Central bank now sole buyer of gold from traditional miners in Mauritania
    08 january 2019 15:10:02
    Nouakchott, Mauritania (PANA) - Traditional gold miners in Mauritania are now required to sell all their production to the Central Bank of Mauritania (BCM), the country's authorities announced on Monday. Full text...

  • IMF urges inclusive growth to overcome development challenges in Burkina Faso
    08 january 2019 11:03:05
    Ouagadougou, Burkina Faso (PANA) – Burkina Faso has significant development challenges, which recently intensified due to security shocks and social unrest, according to the latest assessment of the country’s economic performance by the International Monetary Fund (IMF). Full text...

  • Tuesday's forex rates for the Mauritanian Ouguiya
    08 january 2019 10:56:09
    Nouakchott, Mauritania (PANA) – Following are Tuesday’s exchange rates for the Mauritanian Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Tuesday's forex rates for Rwandan Franc
    08 january 2019 10:43:48
    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...

  • Tuesday’s forex rates for the Gambian Dalasi
    08 january 2019 09:10:24
    Banjul, Gambia (PANA) – The following are Tuesday’s foreign exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

  • Tuesday's forex rates for the Mauritian Rupee
    08 january 2019 08:10:17
    Port-Louis, Mauritius (PANA) - Following are Tuesday's foreign exchange rates for the Mauritian Rupee as issued by the Commercial Bank of Mauritius. Full text...

  • Sub-Saharan Africa's economic growth strong in 2018-Review
    07 january 2019 10:59:48
    Nairobi, Kenya (PANA) - Sub-Saharan Africa's economic growth remained relatively strong in 2018 with preliminary data indicating that the region recorded a 2.7 percent GDP growth, up from 2.3 percent recorded in 2017, according to a Kenyan investment and real estate company, Cytonn. Full text...

  • Monday’s forex rates for the Gambian Dalasi
    07 january 2019 08:50:40
    Banjul, Gambia (PANA) – The following are Monday’s foreign exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

  • Monday's forex rates for the Mauritian Rupee
    07 january 2019 08:34:00
    Port-Louis, Mauritius (PANA) - Following are Monday's foreign exchange rates for the Mauritian Rupee as issued by the Commercial Bank of Mauritius. Full text...

  • French Dev't Agency gives Nigeria US$300m for power transmission projects
    06 january 2019 20:10:34
    Abuja, Nigeria (PANA) – The French Development Agency (AFD )is currently supporting power transmission projects in Nigeria with about US$300 million, the energy sector Transmission Company of Nigeria (TCN) said on Sunday. Full text...

  • Saturday's forex rates for the CFAF in Central Africa
    05 january 2019 11:52:00
    Libreville, Gabon (PANA) – Following are Saturday’s exchange rates for the CFAF in Central Africa as issued by the Bank of Central African States. Full text...

  • Materials theft cuts down production from Libya's southeastern oilfield
    04 january 2019 16:39:25
    Tripoli, Libya (PANA) - A series of thefts of materials has led to a loss of about 2,500 barrels per day at the al-Charara oilfield in the southeast of the country, Libya's National Oil Company (NOC) disclosed on Friday. Full text...

  • Tunisia ranks 21st among promoters of renewable energies, says World Bank
    04 january 2019 16:14:14
    Tunis, Tunisia (PANA) - Tunisia has made a spectacular jump in the promotion of renewable energies, from 65th place in 2016 to 21st place worldwide in 2017 out of 133 countries, said the World Bank report on public policies in the field of sustainable energy. Full text...

  • Friday's forex rates for the CFA Franc in Central Africa
    04 january 2019 12:11:53
    Libreville, Gabon (PANA) - Following are Friday's foreign exchange rates for the CFA Franc in Central Africa, as issued by the Central African States Bank. Full text...

  • Friday's forex rates for the Mauritanian Ouguiya
    04 january 2019 10:40:48
    Nouakchott, Mauritania (PANA) – Following are Friday’s exchange rates for the Mauritanian Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Friday's forex rates for the Mauritian Rupee
    04 january 2019 09:06:57
    Port-Louis, Mauritius (PANA) - Following are Friday's foreign exchange rates for the Mauritian Rupee as issued by the Commercial Bank of Mauritius. Full text...

  • Friday’s forex rates for the Gambian Dalasi
    04 january 2019 09:05:08
    Banjul, Gambia (PANA) – The following are Friday’s foreign exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd. Full text...

  • Nigerien cement factory turns out first ton
    03 january 2019 16:46:31
    Niamey, Niger (PANA) – Niger's own cement plant has just turned out its first ton of cement, the country's Minister of Industry, Malam Zaneidou Amirou, told journalists on Thursday. Full text...

  • Total begins oil production from Nigeria’s Egina field
    03 january 2019 14:32:19
    Paris, France (PANA) - Total has started production from its Egina oilfield lying 150km off the Nigerian coast with a vessel equipped to produce up to 200,000 B/D and hold up to 2.3 million bbl of oil. Full text...

  • Kenya capital market regulator cautions public against coin offering
    03 january 2019 12:54:36
    Nairobi, Kenya (PANA) - The Kenya Capital Markets Authority has cautioned the public against an initial coin offering and trading, an exchange aggressively floated by a firm, Wiseman Talent Ventures. Full text...

  • Thursday's forex rates for the Mauritanian Ouguiya
    03 january 2019 11:52:14
    Nouakchott, Mauritania (PANA) – Following are Thursday’s exchange rates for the Mauritanian Ouguiya, as issued by the Central Bank of Mauritania. Full text...

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