Economy -
  • Wednesday's forex rates for Rwandan Franc
    06 december 2017 11:46:15
    Kigali, Rwanda (PANA) - The following are Wednesday's foreign exchange rates for the Rwandan franc, as issued by the National Bank of Rwanda. Full text...

  • Wednesday’s forex rates for the Gambian Dalasi
    06 december 2017 10:31:22
    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...

  • Wednesday's exchange rates for Tanzania Shilling
    06 december 2017 06:18:18
    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...

  • Somalia Partnership Forum stresses job creation, poverty reduction to promote stability
    06 december 2017 05:58:41
    Mogadishu, Somalia (PANA) – A gathering of senior representatives of the Somali Government, the United Nations and the international community concluded in Mogadishu on Tuesday with a call for greater investment in the country’s economic development to create more job opportunities, rehabilitate essential infrastructure, and improve the living conditions of the Somali people. Full text...

  • World Bank approves US$1.15bn loan to Egypt to boost economy, create jobs
    05 december 2017 19:48:53
    Washington, US (PANA) - The World Bank’s Board of Executive Directors on Tuesday approved US$1.15 billion in a development policy financing loan to support Egypt’s economic reform programme. Full text...

  • Namibia secures ZAR 1 billion AfDB loan for education sector
    05 december 2017 12:41:20
    Windhoek, Namibia (PANA) - Namibia’s efforts to develop efficient basic, technical and vocational education (TVET) to cater for its development needs has received a boost from the African Development Bank (AfDB) which approved a ZAR 1 billion loan to finance the country’s education and training (US$1 = ZAR13.62). Full text...

  • Egypt hosts forum on trade promotion, investment in Africa
    05 december 2017 11:58:38
    Sharm El- Sheikh, Egypt (PANA) – A three-day high-level forum on promoting trade and investment within Africa opens on Thursday in Sharm El- Sheikh, the Egyptian resort city on the Red Sea, with at least six heads of state discussing with the business and investment community a wide range of business and development issues in the continent. Full text...

  • Tuesday's forex rates for Rwandan Franc
    05 december 2017 11:52:49
    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
    05 december 2017 09:46:24
    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 Mauritian Rupee
    05 december 2017 09:09:23
    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...

  • Tuesday's exchange rates for Ghana cedi
    05 december 2017 05:39:54
    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...

  • African Economic Conference confronts bad governance setbacks to growth
    04 december 2017 21:45:12
    Addis Ababa, Ethiopia (PANA) – African economists and policy-makers met for the start of a three-day conference in Addis Ababa on Monday, to confront bad governance, corruption and political instability caused by rigged elections, whose economic impact could be worse than the fall of commodity prices. Full text...

  • Angola's Sovereign Wealth Fund claims US$ 4.7 billion investment
    04 december 2017 19:57:44
    Luanda, Angola (PANA) – Angola’s Sovereign Wealth Fund (FSDEA) has said its investments portfolio has reached a net value of US$ 4.7 billion in internationally diversified assets ranging from venture capital to fixed and variable income funds. Full text...

  • Namibia hosts 2017 Programme for Infrastructure Development in Africa
    04 december 2017 15:55:18
    Windhoek, Namibia (PANA) - The 2017 Programme for Infrastructure Development in Africa Week (PIDA Week) will take place from 10 to 14 December in Swakopmund, Namibia, on the theme “Regional infrastructure development for job creation and economic transformation.” Full text...

  • Monday’s forex rates for the Gambian Dalasi
    04 december 2017 07:33:54
    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 exchange rates for Tanzania Shilling
    04 december 2017 06:52:40
    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...

  • Monday's exchange rates for Ghana cedi
    04 december 2017 05:51:03
    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...

  • US Corporate Council on Africa visits Sudan
    03 december 2017 18:28:40
    Khartoum, Sudan (PANA) - A high level US Trade delegation arrived in the Sudan on Sunday in the first ever visit by the US Corporate Council on Africa (CCA) to the country. Full text...

  • Saturday’s forex rates for Gambian Dalasi
    02 december 2017 12:00:57
    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...

  • IMF approves US$22.58 million disbursement for Benin
    02 december 2017 08:46:33
    Porto-Novo, Benin (PANA) - The Executive Board of the International Monetary Fund (IMF) on Friday completed Benin’s first review of the arrangement under the Extended Credit Facility (ECF), enabling the disbursement of US$ 22.58 million to the West African country. Full text...

  • Friday's forex rates for Rwandan Franc
    01 december 2017 10:56:08
    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 Gambian Dalasi
    01 december 2017 07:04:42
    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...

  • Thursday’s forex rates for Gambian Dalasi
    30 november 2017 12:30:52
    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...

  • Thursday's exchange rates for Tanzania Shilling
    30 november 2017 06:52:28
    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...

  • Thursday's exchange rates for Ghana cedi
    30 november 2017 05:50:38
    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...

  • Four billion people have no social security protection - ILO
    30 november 2017 05:28:21
    Geneva, Switzerland (PANA) – More than half of the global population – some four billion people – have no social security protection, UN labour experts said on Wednesday. Full text...

  • AfDB supports JKIA airport expansion project towards making Nairobi an aviation hub
    29 november 2017 15:33:23
    Nairobi, Kenya (PANA) - Efforts being made by the Kenyan government to make Nairobi an aviation hub has received a big boost from the African development Bank (AfDB) which approved a US$ 160 million loan for the expansion of the Jomo Kenyatta International Airport (JKIA). Full text...

  • 30th anniversary of SA air disaster commemorated
    29 november 2017 14:42:57
    Cape Town, South Africa (PANA) – South Africa on Wednesday commemorated the 30th anniversary of the country’s worst air disaster, remembering when in 1987 a South African Airways (SAA) Helderberg aircraft plunged into the sea near Mauritius, killing all 159 passengers and crew after a fire on board. Full text...

  • Wednesday's forex rates for Rwandan Franc
    29 november 2017 14:16:31
    Kigali, Rwanda (PANA) - The following are Wednesday's foreign exchange rates for the Rwandan franc, as issued by the National Bank of Rwanda. Full text...

  • Wednesday's exchange rates for Mauritian Rupee
    29 november 2017 12:03:07
    Port-Louis, Mauritius (PANA) - Following are Wednesday’s exchange rates for the Mauritian Rupee, as issued by the Commercial Bank of Mauritius. Full text...

  • Wednesday's exchange rates for Ghana cedi
    29 november 2017 06:28:38
    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...

  • Wednesday's exchange rates for Tanzania Shilling
    29 november 2017 06:24:55
    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...

  • Rwanda holds fair for locally made products in Kigali
    28 november 2017 17:28:04
    Kigali, Rwanda (PANA) - A weeklong show of products made in Rwanda opens Wednesday in Kigali under the auspices of the country's Private Sector Federation (PSF) with 305 exhibitors taking part in the event. Full text...

  • Tuesday's forex rates for Rwandan Franc
    28 november 2017 14:03:25
    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 Gambian Dalasi
    28 november 2017 14:01:45
    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...

  • AfDB launches Youth Advisory Group to create 25 million jobs
    28 november 2017 11:47:09
    Abidjan, Cote d'Ivoire (PANA) - The President of the African Development Bank Group (AfDB), Akinwumi Adesina, has launched the Presidential Youth Advisory Group (PYAG) to provide insights and innovative solutions for job creation for Africa’s youth, as outlined in the Bank’s Jobs for Youth in Africa Strategy (JfYA). Full text...

  • Future of Africa’s youth dominates agenda at EU-Africa Business Forum
    28 november 2017 11:36:33
    Abidjan, Côte d’Ivoire (PANA) - The 6th EU-Africa Business Forum opened in Abidjan, Côte d’Ivoire, on Monday, with emphasis on job creation and investment in young people. Full text...

  • Tuesday's exchange rates for Mauritian Rupee
    28 november 2017 10:09:20
    Port-Louis, Mauritius (PANA) - Following are Tuesday’s exchange rates for the Mauritian Rupee, as issued by the Commercial Bank of Mauritius. Full text...

  • Tuesday's exchange rates for Ghana cedi
    28 november 2017 06:20:24
    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...

  • Partnerships ‘the only way’ to tackle global challenges, says UNIDO chief
    28 november 2017 06:18:56
    Vienna Austria (PANA) – The Director-General of the United Nations Industrial Development Organization (UNIDO) was reappointed for a second term on Monday as the 17th UNIDO General Conference opened in Vienna, Austria. Full text...

  • Tuesday's exchange rates for Tanzania Shilling
    28 november 2017 06:07:09
    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...

  • World Bank approves US$20 million for mining in Sierra Leone
    27 november 2017 16:00:31
    Freetown, Sierra Leone (PANA) - The World Bank Group Country Director, Perminder Brar, has announced a US$ 20 million grant for Sierra Leone’s mining sector. Full text...

  • New polymer note for Botswana
    27 november 2017 15:44:03
    Gaborone, Botswana (PANA) - Botswana has introduced polymer notes for the country’s lowest note denomination P10 (approximately USD1). Full text...

  • Monday's forex rates for Rwandan Franc
    27 november 2017 08:49:23
    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 exchange rates for Tanzania Shilling
    27 november 2017 08:48:20
    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...

  • Monday's forex rates for Mauritian Rupee
    27 november 2017 08:46:57
    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 exchange rates for Ghana cedi
    27 november 2017 05:48:09
    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...

  • Saturday’s forex rates for Gambian Dalasi
    25 november 2017 10:19:56
    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...

  • Gambia to replace Jammeh’s face on bank notes
    24 november 2017 18:24:02
    Banjul, Gambia (PANA) – The Gambia from next year will introduce bank notes to replace the existing ones bearing the face of former president Yahya Jammeh, officials have said. Full text...

  • Rwanda launches new mobile platform to check individual bank credit status
    24 november 2017 15:50:30
    Kigali, Rwanda (PANA) - Rwanda plans to make the control of credit data flows user-friendly whereby individuals could rely from now on on a mobile phone to check their credit score in real time and better understand their credit status, as well as the ability to clear negative credit statuses on a user-friendly interface Full text...

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