Economy -
  • Saturday’s forex rates for the Gambian Dalasi
    03 march 2018 11:10:18
    Banjul, Gambia (PANA) – The following are Saturday’s foreign exchange rates for the Gambian Dalasi as published by Trust Bank Gambia Ltd: Full text...

  • WADB gives Mali 5 billion CFAF for potable water project in Bamako
    02 march 2018 15:19:54
    Bamako, Mali (PANA) - The West African Development Bank (WADB) will give Mali 5 billion CFAF for the Kabala potable water project in the Malian capital, following a financing convention signed Friday in Bamako by the Malian minister of Economy and Finances, Boubou Cissé, and the WADB governor, Christian Adovelande. Full text...

  • Friday's forex rates for Mauritian Rupee
    02 march 2018 14:30:10
    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...

  • NGOs engage stakeholders on environmentally-friendly businesses in Gambia
    02 march 2018 11:50:42
    Banjul, Gambia (PANA) - Two NGOs on Friday held a forum that brought together stakeholders across Gambia with the view to looking at ways to do business without harming the environment. Full text...

  • Senegal, Turkey sign cooperation deals
    01 march 2018 18:44:43
    Dakar, Senegal (PANA) - Senegal and Turkey on Thursday signed several cooperation agreements on tourism, rail transport, trade, oil, energy and mines. Full text...

  • Thursday's forex rates for the Mauritian Rupee
    01 march 2018 08:08:50
    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...

  • AU to conclude African Central Bank headquarters agreement with Nigeria
    28 february 2018 19:48:03
    Dakar, Senegal (PANA) – The African Union will conclude a headquarters agreement with Nigeria for hosting the African Central Bank as it embarks on the implementation of a joint strategy towards the launch of the bank, an AU official said on Wednesday. Full text...

  • IMF directors stress job creation for Namibia to benefit from its demographic changes
    28 february 2018 19:21:39
    Windhoek, Namibia (PANA) – Directors of the International Monetary Fund (IMF) have emphasized the importance of implementing structural reforms in Namibia to boost job creation in order to reap the benefits of the upcoming demographic changes and achieve more inclusive growth in the southern African country. Full text...

  • Wednesday’s forex rates for the Gambian Dalasi
    28 february 2018 09:45:02
    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 forex rates for the Mauritian Rupee
    28 february 2018 08:57:40
    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...

  • UN closer than ever to a dev't system that is ‘fit for purpose’ - Guterres
    28 february 2018 06:43:11
    New York, US (PANA) There are serious threats to the 2030 Agenda for Sustainable Development and the United Nations, especially its development system, must be effectively reformed in order to be able to limit the impact of those threats Secretary-General António Guterres said on Tuesday. Full text...

  • Experts compare notes on fiscal management in West African mining/petroleum sector
    27 february 2018 18:57:42
    Accra, Ghana (PANA) – Sound fiscal management is essential for countries that are still dependent on revenue from the mining or petroleum sector, International Monetary Fund (IMF) Deputy Managing Director Carla Grasso said here on Tuesday. Full text...

  • Mauritius records 5.2 percent rise in 2017 tourist arrivals
    27 february 2018 17:47:57
    Port Louis, Mauritius (PANA) – Tourist arrivals in Mauritius during 2017 topped 1,341,860 up by 5.2 percent compared to the 2016 figure, according to Statistics Mauritius, a governmental institution, said in its latest bulletin issued on Tuesday. Full text...

  • Mauritius hosts first BADEA Board meeting in 2018
    27 february 2018 13:42:15
    Port-Louis, Mauritius (PANA) - The Board of Directors of the Arab Bank for Economic Development in Africa (BADEA), will hold its first meeting for the year 2018, in Port-Louis, Mauritius, from 28 February - 2 March 2018. Full text...

  • Nigeria's economy improves, grows by 0.82 per cent in 2017
    27 february 2018 13:18:49
    Abuja, Nigeria (PANA) – The Nigerian National Bureau of Statistics (NBS) on Tuesday said that the economy grew by 0.82 percent in 2017, an improvement from the -1.58 percent recorded in 2016. Full text...

  • Tuesday's forex rates for Mauritanian Ouguiya
    27 february 2018 10:34:54
    Nouakchott, Mauritania (PANA) - Following are Tuesday’s foreign exchange rates for the Mauritanian Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Mozambique’s Filipe Nyusi visits WTO to discuss trade
    27 february 2018 09:51:42
    Geneva, Switzerland (PANA) – Mozambican President Filipe Nyusi has met the Director-General of the World Trade Organisation (WTO) Roberto Azevedo, to discuss how his country could benefit from economic diversification and trade, the Geneva-based WTO Secretariat said Monday. Full text...

  • Tuesday's forex rates for the Mauritian Rupee
    27 february 2018 08:06:40
    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 forex rates for the Gambian Dalasi
    27 february 2018 07:57:55
    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...

  • Malaysia's Petronas, Australia's FAR Ltd to drill offshore Gambia
    26 february 2018 19:46:59
    Banjul, Gambia (PANA) - Australian FAR Ltd has signed a Farm-out Agreement (FOA) with a subsidiary of Malaysia's Petroliam Nasional Berhad (PETRONAS) to drill an exploration well offshore Gambia. Full text...

  • Monday’s forex rates for the Gambian Dalasi
    26 february 2018 09:45:55
    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
    26 february 2018 08:53:56
    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...

  • IMF Board praises Somalia’s commitment to reform programme
    24 february 2018 10:17:36
    Mogadishu, Somalia (PANA) - Despite a severe drought and sporadic terrorist attacks, Somalia avoided a significant economic slowdown in 2017 with support from the national and international community, according to the International Monetary Fund (IMF). Full text...

  • Lesotho’s fiscal sustainability depends on reduction of high public wage bill - IMF
    24 february 2018 08:49:31
    Maseru, Lesotho (PANA) – While Lesotho has grown faster than its regional peers over the last decade, partly driven by capital intensive mining and infrastructure projects, high levels of unemployment, poverty, and inequality persist, according to the International Monetary Fund (IMF). Full text...

  • Saturday’s forex rates for Gambian Dalasi
    24 february 2018 08:27:14
    Banjul, Gambia (PANA) – The following are Saturday’s foreign exchange rates for the Gambian Dalasi as published by Trust Bank Gambia Ltd: Full text...

  • Kenyatta, Magufuli direct ministers resolve inter-state trade disputes
    23 february 2018 13:50:15
    Nairoibi, Kenya (PANA) - Kenyan President Uhuru Kenyatta and his Tanzanian counterpart John Pombe Magufuli on Friday directed their ministers to move with speed in removing minor vexing differences between the two neighbouring countries. Full text...

  • Friday's forex rates for Mauritanian Ouguiya
    23 february 2018 11:42:15
    Nouakchott, Mauritania (PANA) - Following are Friday’s foreign exchange rates for the Mauritanian Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Friday's forex rates for Rwandan Franc
    23 february 2018 08:52:33
    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
    23 february 2018 08:19:00
    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...

  • Kenyan Eurobond issue attracts top bids despite credit down-grade
    22 february 2018 18:38:28
    Nairobi, Kenya (PANA) – Kenya’s national Treasury remained bullish on Thursday after a new Eurobond issue attracted bids worth a record US$14 billion, which the East African nation said was one of the highest ever received by an African state in the international financial markets. Full text...

  • Kenyatta calls for elimination of red tape in EAC affairs
    22 february 2018 16:53:31
    Entebbe, Uganda (PANA) - Kenyan President Uhuru Kenyatta has called on East African Community (EAC) leaders to join hands in cutting bureaucratic red tape which impedes development. Full text...

  • President Khama calls for impeccable customer service
    22 february 2018 14:39:06
    Gaborone, Botswana (PANA) - Botswana’s President Ian Khama has reiterated the need for the country to develop a world class customer service industry. Full text...

  • Thursday's forex rates for Rwandan Franc
    22 february 2018 14:27:05
    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...

  • Thursday's exchange rates for Ouguiya
    22 february 2018 11:58:42
    Nouakchott, Mauritania (PANA) - Following are Thursday’s exchange rates for the Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Sub-Saharan Africa, Eastern Europe, Central Asia worst performing regions in corruption
    22 february 2018 11:18:40
    Berlin, Germany (PANA) - Anti-corruption organisation Transparency International (TI) has released its report covering 2017 which indicates that the worst performing regions are sub-Saharan Africa (average score 32) and Eastern Europe and Central Asia (average score 34). Full text...

  • IMF, Banque de France sign US$2.9 billion agreement to support lending to LICs
    22 february 2018 09:18:51
    Washington, US (PANA) - The International Monetary Fund (IMF), as Trustee of the Poverty Reduction and Growth Trust (PRGT), and the Banque de France have signed a borrowing agreement through which France will provide up to US$2.9 billion (SDR 2 billion) in new loan resources for the PRGT benefitting the IMF’s low-income member countries (LICs). Full text...

  • Thursday’s forex rates for the Gambian Dalasi
    22 february 2018 08:37:33
    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...

  • World Bank supports young digital entrepreneurs in Botswana
    21 february 2018 19:07:24
    Gaborone, Botswana (PANA) - With support from the World Bank, the Botswana Business Angels Network and the Global Entrepreneurship Network in Botswana has brought together local entrepreneurs and global thought leaders to share knowledge and strengthen the operating environment for digital entrepreneurs in the southern Africa country. Full text...

  • Gambia hires Cherie Blair law firm for legal battle with African Petroleum
    21 february 2018 18:35:33
    Banjul, Gambia (PANA) - The government of The Gambia has hired a UK-based international law firm, Cherie Blair, to fight back against African Petroleum company which is unwilling to withdrawal from two offshore oil blocks, which it claims to hold legally. Full text...

  • AfDB considers support for Congo's agricultural sector
    21 february 2018 16:06:51
    Brazzaville, Congo (PANA) – The African Development Bank (AfDB) is considering support for Congo’s agriculture and transport sectors in the framework of this year’s national development programme, the Bank’s governor for Africa, Ousmane Doure, said on Wednesday. Full text...

  • Wednesday's forex rates for Rwandan Franc
    21 february 2018 11:51:07
    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 Mauritanian Ouguiya
    21 february 2018 10:54:35
    Nouakchott, Mauritania (PANA) - Following are Wednesday’s foreign exchange rates for the Mauritanian Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Wednesday’s forex rates for the Gambian Dalasi
    21 february 2018 10:04:18
    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 Ghana cedi
    21 february 2018 08:34:44
    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 forex rates for the Mauritian rupee
    21 february 2018 08:15:09
    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...

  • Tuesday's forex rates for Mauritanian Ouguiya
    20 february 2018 14:45:26
    Nouakchott, Mauritania (PANA) - Following are Tuesday’s exchange rates for the Ouguiya as issued by the central bank of Mauritania. Full text...

  • Tuesday’s forex rates for the Gambian Dalasi
    20 february 2018 07:50:59
    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 exchange rates for Ghana cedi
    20 february 2018 06:37:49
    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...

  • UN agency calls for fair labour migration governance
    19 february 2018 21:35:36
    Geneva, Switzerland (PANA) - Many migrant workers end up trapped in low-pay, unsafe and unhealthy jobs, the head of the United Nations labour agency warned on Monday, calling for the adoption of fair labour migration governance frameworks at the global, regional and national levels. Full text...

  • AfDB Group rallies support for Gambia’s National Development Plan
    19 february 2018 19:51:59
    Abidjan, Cote d’Ivoire (PANA) - A donor pre-engagement on Gambia’s new National Development Plan (NDP) is scheduled to take place in Dakar, Senegal, from 20 to 22 February 2018, the African Development Bank (AfDB) said on Monday. Full text...

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