Economy -
  • Switzerland: ILO addresses rise in non-standard forms of employment
    15 november 2016 05:21:21
    Geneva, Switzerland (PANA) - The United Nations International Labour Organization (ILO) has released a report on the rising rate of non-standard jobs, including regional and global trends and policy recommendations to respond to concerns for both workers and businesses. Full text...

  • Nigeria: Nigeria's infation rate rose to 18.3 per cent in October
    14 november 2016 22:08:25
    Abuja, Nigeria (PANA) – Nigeria’s inflation rate rose to its highest level in 11 years, hitting 18.3 per cent in October, from 17.9 per cent in September. Full text...

  • Sudan: Bashir says economic measures to prevent collapse of Sudan
    14 november 2016 11:59:34
    Khartoum, Sudan (PANA) - President Omar Bashir of Sudan has said he opted for implementation of harsh economic measures to prevent the state from collapse. Full text...

  • Gambia: Monday's forex rates for the Gambian Dalasi
    14 november 2016 11:33:21
    Banjul, Gambia (PANA) – The following are Monday’s exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

  • Mauritius: Monday's forex rates for Mauritian Rupee
    14 november 2016 09:42:06
    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...

  • Tanzania: Monday's exchange rates for Tanzania Shilling
    14 november 2016 06:56:00
    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
    14 november 2016 06:02:13
    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...

  • Gambia: Saturday's forex rates for the Gambian Dalasi
    12 november 2016 06:37:05
    Banjul, Gambia (PANA) – The following are Saturday’s exchange rates for the Gambian Dalasi as published by Trust Bank Gambia Ltd: Full text...

  • Morocco: Nigeria has shown political will to drive sustainable tourism - Minister
    12 november 2016 05:33:23
    Marrakech, Morocco (PANA) - Nigeria's Minister of Information and Culture, Alhaji Lai Mohammed, says the Federal Government has demonstrated that it has the political will to drive sustainable tourism in the country. Full text...

  • Rwanda: Friday's forex rates for Rwandan
    11 november 2016 12:33:17
    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...

  • Gambia: Friday's forex rates for the Gambian Dalasi
    11 november 2016 12:29:28
    Banjul, Gambia (PANA) – The following are Friday’s exchange rates for the Gambian Dalasi as published by Trust Bank Gambia Ltd: Full text...

  • Mauritania: Friday's forex rates for Mauritanian Ouguiya
    11 november 2016 12:24:44
    Nouakchott, Mauritania (PANA) – Following are Friday's exchange rates for the Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Mauritius: Friday's forex rates for Mauritian Rupee
    11 november 2016 08:27:56
    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...

  • Ghana: Friday's exchange rates for Ghana cedi
    11 november 2016 05:09:53
    Accra, Ghana (PANA) - The following are Friday's average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Nigeria: Buhari pledges to strengthen security in Gulf of Guinea
    10 november 2016 19:51:14
    Abuja, Nigeria (PANA) – President Muhammadu Buhari Thursday has pledged that Nigeria would team up with other countries to strengthen maritime security in the Gulf of Guinea region. Full text...

  • Gambia: Thursday's forex rates for the Gambian Dalasi
    10 november 2016 11:26:38
    Banjul, Gambia (PANA) – The following are Thursday’s exchange rates for the Gambian Dalasi as published by Trust Bank Gambia Ltd: Full text...

  • Ghana: Thursday's exchange rates for Ghana cedi
    10 november 2016 06:10:43
    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...

  • Nigeria: Niger Delta militant group blows up crude oil export pipeline
    09 november 2016 19:08:30
    Abuja, Nigeria (PANA) – Niger Delta Avengers militant group has said it has blown up the Forcados Export trunk line belonging to Shell Petroleum Development Company (SPDC) in Nigeria's oil producing Niger Delta region. Full text...

  • Mauritania: Wednesday's forex rates for Ouguiya
    09 november 2016 13:57:49
    Nouakchott, Mauritania (PANA) – Following are Wednesday's exchange rates for the Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Rwanda: Wednesday's forex rates for Rwandan franc
    09 november 2016 12:01:41
    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...

  • Botswana: Diamond industry urged to support youth empowerment
    09 november 2016 11:39:03
    Gaborone, Botswana (PANA) - Botswana has challenged the country’s mining sector to take affirmative action to empower the youth. Full text...

  • Mauritius: Wednesday's forex rates for Mauritian Rupee
    09 november 2016 09:00:05
    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...

  • Gambia: Wednesday's forex rates for the Gambian Dalasi
    09 november 2016 06:35:57
    Banjul, Gambia (PANA) – The following are Wednesday’s exchange rates for the Gambian Dalasi as published by Trust Bank Gambia Ltd: Full text...

  • Ghana: Wednesday's exchange rates for Ghana cedi
    09 november 2016 05:27:23
    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...

  • Congo: Congo’s economy severely impacted by decline in oil prices
    08 november 2016 19:11:55
    Brazzaville, Congo (PANA) - Severely impacted by the decline in international oil prices, Congo's economic growth slowed to 2.3 percent in 2015 and is projected to be lower still in 2016, according to an International Monetary Fund (IMF) team that has just assessed the situation in the country. Full text...

  • Egypt: IMF chief pledges support to Egypt's economic reform agenda
    08 november 2016 17:45:08
    Cairo, Egypt (PANA) - International Monetary Fund (IMF), Mnaging Director Christine Lagarde on Tuesday described Egypt's liberalization of the exchange rate and adoption of the second phase of the fuel subsidy reforms as important measures in the authorities’ reform agenda. Full text...

  • Botswana: Diamond industry challenge to show resilience – Botswana VP
    08 november 2016 11:15:06
    Gaborone, Botswana (PANA) - Botswana’s Vice President Mokgweetsi Masisi says prevailing and emerging diamond sector challenges should not discourage the industry. Full text...

  • Mauritania: Tuesday's forex rates for Mauritanian Ouguiya
    08 november 2016 11:08:22
    Nouakchott, Mauritania (PANA) – Following are Tuesday's foreign exchange rates for the Mauritanian Ouguiya, as issued by the Central bank of Mauritania (BCM). Full text...

  • Niger: Niger's new deal with IMF demands broadened tax base
    08 november 2016 09:26:49
    Niamey, Niger (PANA) - Nigerien authorities and the International Monetary Fund (IMF) have reached a staff-level agreement on a medium-term programme (2017-2020), under which the country's policies should focus on domestic revenue mobilization, by broadening the tax base, and on strengthened budget management, to provide the needed fiscal space and ensure debt sustainability. Full text...

  • Mauritius: Tuesday's forex rates for Rupee
    08 november 2016 08:15:01
    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...

  • Gambia: Tuesday's forex rates for Gambian Dalasi
    08 november 2016 06:38:40
    Banjul, Gambia (PANA) – The following are Tuesday’s foreign exchange rates for the Gambian currency, the Dalasi (D), as published by Trust Bank Gambia ltd: Full text...

  • US: Nearly one billion travel abroad in first nine months of 2016 – UN agency
    08 november 2016 06:15:40
    New York, US (PANA) – Recording an almost four per cent increase over the same period last year, the first nine months of 2016 witnessed 956 million international tourists travelling to different parts of the world, the United Nations World Tourism Organization (UNWTO) has said. Full text...

  • Switzerland: Guy Ryder gets second term as head of UN labour agency
    08 november 2016 06:10:10
    Geneva, Switzerland (PANA) - The Governing Body of the International Labour Organization (ILO) on Monday re-elected Guy Ryder of the United Kingdom, as the ILO Director-General for a second, five-year term beginning on 1 October, 2017. Full text...

  • Ghana: Tuesday's exchange rates for Ghana cedi
    08 november 2016 05:49:17
    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...

  • Rwanda: Monday's forex rates for Rwandan franc
    07 november 2016 11:37:44
    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...

  • Gambia: Monday's forex rates for the Gambian Dalasi
    07 november 2016 07:36:47
    Banjul, Gambia (PANA) – The following are Monday’s exchange rates for the Gambian Dalasi as published by Trust Bank Gambia Ltd: Full text...

  • Ghana: Monday's exchange rates for Ghana cedi
    07 november 2016 05:23:37
    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...

  • Central African Republic: Weak security environment takes toll on CAR economy
    04 november 2016 19:34:08
    Bangui, Central African Republic (PANA) – Deterioration in the security environment, despite the ongoing dialogue with armed groups in Central African Republic, has taken a toll on the country’s economic activity, an International Monetary Fund (IMF) staff team said Friday at the conclusion of a week-long visit to Bangui. Full text...

  • Kenya: IMF concerned about likely adverse impact of Kenya’s banking law
    04 november 2016 16:15:11
    Nairobi, Kenya (PANA) – An International Monetary Fund (IMF) team has expressed concern that recent amendments to Kenya’s Banking Act that set limits on deposit and lending rates were likely to have an adverse impact on the country’s economy. Full text...

  • US: US welcomes Egypt's liberalization of foreign exchange system
    04 november 2016 14:49:48
    New York, US (PANA) - The US has welcomed the Egyptian government’s decision to implement new economic measures, as part of its overall economic reform programme. Full text...

  • Sudan: Sudan gets rid of subsidies on fuel, electricity
    04 november 2016 14:31:55
    Khartoum, Sudan (PANA) - Sudan’s Finance Minister Badr Eddin Mahmood has announced the government's budget for 2017 indicating a deficit of 3.7 billion Sudanese pounds (US$1 is equivalent to Sudanese pounds 6.5), a rate of inflation of 15% and a growth rate of 5.5%. Full text...

  • Togo: IMF mission finds Togo's economy in sound condition
    04 november 2016 10:29:39
    Lomé, Togo (PANA) - Togo's economy has expanded at a healthy rate in recent years and its private sector is expected to play an increasing role as the engine of growth, according to an International Monetary Fund (IMF) staff team that this week completed the 2016 Article IV Consultation with Togolese authorities. Full text...

  • Nigeria: Economic recovery plan ready next month – Minister
    04 november 2016 06:45:17
    Lagos, Nigeria (PANA) - The Minister of State for Budget and National Planning, Mrs. Zainab Ahmed, has said that Nigeria's national economic recovery plan for the next three years will be ready in December, according to local media reports. Full text...

  • Ghana: Friday's forex rates for Ghana cedi
    04 november 2016 05:31:21
    Accra, Ghana (PANA) - The following are Friday's average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • US: IMF lauds Egypt's decision to liberalize foreign exchange system
    03 november 2016 14:22:21
    New York, US (PANA) - The International Monetary Fund (IMF) on Thursday lauded Egypt's decision to liberalize its foreign exchange system, as well as adopt a flexible exchange rate regime to foster economic growth. Full text...

  • Rwanda: Thursday's forex rates for Rwandan franc
    03 november 2016 10:37:41
    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...

  • Rwanda: Rwanda's economy set to respond to adverse global developments
    03 november 2016 10:28:40
    Kigali, Rwanda (PANA) - Though Rwanda’s economic performance remains strong, adverse global developments, most notably commodity prices, have led to growing external imbalances, resulting in pressure on the Rwandan franc and the banking system’s foreign exchange reserves, an International Monetary Fund (IMF) mission observed after a two-week visit to Kigali, the country's capital. Full text...

  • Ghana: Thursday's exchange rates for Ghana cedi
    03 november 2016 07:09:41
    Accra, Ghana (PANA) - The following are Thursday's average internank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Gambia: Thursday's forex rates for the Gambian Dalasi
    03 november 2016 07:07:45
    Banjul, Gambia (PANA) – The following are Thursday’s exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

  • Nigeria: Nigeria gets AfDB’s US$ 600m budget support loan
    03 november 2016 06:16:08
    Lagos, Nigeria (PANA) - The Board of the African Development Bank’s (AfDB) board on Wednesday approved a US$ 600 million loan for Nigeria to enable it fix its budget deficit and wriggle out of ongoing economic recession, according AfDB senior officials, who said the facility was the first tranche of the US$ 1 billion budget support package expected from the bank. Full text...

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