Economy -
  • Cote d'Ivoire: Trading down at West African Bourse
    14 october 2014 12:23:22
    Abidjan, Cote d’Ivoire (PANA) - Trading at the West African regional stock exchange, BRVM, ended Monday on the decline, with the BRVM Index 10 falling from 271.18 points to 268.54 points, representing a decrease of 0.97%. Full text...

  • Gabon: Tuesday's exchange rates in Central Africa
    14 october 2014 11:44:28
    Libreville, Gabon (PANA) - Following are Tuesday's exchange rates in the Central African States: Full text...

  • Zambia: Zambia’s debt worries opposition
    14 october 2014 10:07:01
    Lusaka, Zambia (PANA) - The opposition United Party for National Development (UPND) has described Zambia’s foreign debit of US$4.7 billion and local debt of K21 billion (about US$4 million) as unsustainable and reckless. Full text...

  • Zambia: Kwacha remains stable against US Dollar
    14 october 2014 09:04:56
    Lusaka, Zambia (PANA) - The Kwacha on Monday remained stable against the US Dollar, closing at 6.315/6.335, and has remained at these levels for the past three days. Full text...

  • Mauritius: Tuesday's forex rates for Rupee
    14 october 2014 08:59:00
    Port-Louis, Mauritius (PANA) - Following are Tuesday's exchange rates for the Mauritian Rupee: Full text...

  • Ghana: Tuesday's exchange rates for Ghana cedi
    14 october 2014 08:22:46
    Accra, Ghana (PANA) - The following are Tuesday's average inter-bank exchange rates for the Ghana cedi, as announced by the Ghana Association of Bankers: Full text...

  • Gambia: Tuesday’s forex rates for Gambian Dalasi
    14 october 2014 08:15:17
    Banjul, Gambia (PANA) - The following are Tuesday’s exchange rates for the Gambian Dalasis: Full text...

  • Nigeria: Monday's foreign exchange rates in Nigeria
    13 october 2014 21:51:34
    Lagos, Nigeria (PANA) - Following are Monday's exchange rates for the Nigerian currency, the Naira, against other currencies, as released by the Central Bank of Nigeria (CBN). Full text...

  • Kenya: Tourism slowdown hits Kenyan economy in 2014 second quarter
    13 october 2014 18:49:16
    Nairobi, Kenya (PANA) -The string of terrorist attacks slowed down the Kenyan economy, which recorded a strong growth of 5.8% in the second quarter of 2014, much slower than the 7.2% it recorded in 2013, the country's statistics body said Monday. Full text...

  • Kenya: London listed logistics firm to double list on Kenyan bourse
    13 october 2014 18:06:11
    Nairobi, Kenya (PANA) - Africa Oilfield Logistics Limited, a London Stock Exchange listed firm plans to list 10% of its shares on the Nairobi Securities Exchange (NSE), the firm said Monday. Full text...

  • Rwanda: Monday's forex rates for Rwandan Franc
    13 october 2014 16:58:56
    Kigali, Rwanda (PANA) – Following are Monday’s exchange rates for the Rwandan franc as issued by the National Bank of Rwanda: Full text...

  • Ghana: Monday's exchange rates for Ghana cedi
    13 october 2014 16:50:35
    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...

  • Tanzania: Telecom Namibia starts work on govt. fibre network
    13 october 2014 13:19:09
    Dar es Salaam, Tanzania (PANA) - Telecom Namibia, the national telecommunications services provider, has started constructing a fibre-based network to connect the central government to the administrative capitals of all 14 regions in the southern Africa country, the company's Managing Director, Frans Ndoroma, has said. Full text...

  • Cote d'Ivoire: Trading up at West African Bourse
    13 october 2014 13:03:09
    Abidjan, Cote d’Ivoire (PANA) - Trading at the West African regional stock exchange, BRVM, ended Friday on the rise, with the BRVM Index 10 inching up from 270.61 points to 271.18 points, representing a rise of 0.21%. Full text...

  • Libya: Monday's forex rates for Libyan Dinar
    13 october 2014 11:27:44
    Tripoli, Libya (PANA) - The following are Monday's exchange rates for the Libyan Dinar: Full text...

  • Nigeria: '1.7m jobs created in 2013'
    13 october 2014 10:40:40
    Lagos, Nigeria (PANA) - Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has disclosed that the Nigerian economy generated 1.7 million jobs in 2013, with about 91% of the jobs created by the private sector. Full text...

  • Gabon: Monday's exchange rates in Central Africa
    13 october 2014 09:54:07
    Libreville, Gabon (PANA) - Following are Monday's exchange rates in the Central African States: Full text...

  • Mauritius: Monday's forex rates for Rupee
    13 october 2014 09:35:07
    Port-Louis, Mauritius (PANA) - Following are Monday's exchange rates for the Mauritian Rupee: Full text...

  • Gambia: Monday’s forex rates for Gambian Dalasi
    13 october 2014 07:40:00
    Banjul, Gambia (PANA) - The following are Monday’s exchange rates for the Gambian Dalasis. Full text...

  • Tanzania: Monday's forex rates for Shiling
    13 october 2014 07:38:00
    Dar es Salaam, Tanzania (PANA) - Following are Monday's exchange rates for the Tanzania Shilling, as issued by the Bank of Tanzania: Full text...

  • US: World Bank/IMF Committee calls for policies to boost economic growth
    12 october 2014 19:03:22
    New York, US (PANA) - The World Bank Group and International Monetary Fund (IMF) Development Committee, a forum comprising Ministers of FInance, has called for inclusive economic growth, job creation and a sustained multilateral effort to empower developing countries, as well as the poorest and vulnerable ones. Full text...

  • Zambia: National budget neglects gender programmes, says NGO group
    11 october 2014 16:08:02
    Lusaka, Zambia (PANA) - The Non-Governmental Organisations’ Coordinating Council (NGOCC) of Zambia has charged that the provisions in the 2015 National Budget is gender blind in that it does not adequately focus on programmes that address gender inequalities and assure economic independence especially with regard to women and children. Full text...

  • Gambia: Saturday’s forex rates for Gambian Dalasi
    11 october 2014 09:05:53
    Banjul, Gambia (PANA) - The following are Saturday ’s exchange rates for the Gambian Dalasis. Full text...

  • Belgium: European Union gives 869 million euro to 3 African countries
    10 october 2014 20:27:51
    Brussels, Belgium (PANA) – The European Union on Friday signed separate loan agreements with three African countries totalling 869 million euro for various development projects, according a statement issued in Brussels by the European Commission. Full text...

  • Cote d'Ivoire: Trading slumps at West African Bourse
    10 october 2014 17:39:11
    Abidjan, Cote d’Ivoire (PANA) - Trading at the West African regional stock exchange, BRVM, ended Thursday on the decline, with the BRVM Index 10 falling from 270.98 points to 270.61 points, representing a decrease of 0.14%. Full text...

  • Nigeria: Nigeria, Africa’s top recipient of foreign remittances
    10 october 2014 14:22:00
    Lagos, Nigeria (PANA) - The World Bank Group has projected that by the end of this year, Nigeria will receive an inflow of US$21 billion as remittances from Nigerians living and working abroad. Full text...

  • Tanzania: G24 on International Monetary Affairs warns of downside risks on developing countries
    10 october 2014 10:55:40
    Dar es Salaam, Tanzania (PANA) - After global growth forecasts were revised downward for the remainder of 2014 and for 2015, the Intergovernmental Group of 24 on International Monetary Affairs and Development has warned that important downside risks have risen with potentially large spillovers on emerging market and developing countries (EMDCs). Full text...

  • Mauritius: Friday's forex rates for Rupee
    10 october 2014 10:35:14
    Port-Louis, Mauritius (PANA) - The following are Friday's exchange rates for the Mauritian Rupee: Full text...

  • Zambia: Friday’s exchange rates for Kwacha
    10 october 2014 08:56:13
    Lusaka, Zambia (PANA) - Following are Friday's exchange rates for the Zambian kwacha, as released by the Bank of Zambia: Full text...

  • Tanzania: Friday's forex rates for Shilling
    10 october 2014 07:52:31
    Dar es Salaam, Tanzania (PANA) - The following are Friday's foreign exchange rates for the Tanzania Shilling, as issued by the Bank of Tanzania: Full text...

  • Ghana: Friday's exchange rates for Ghana cedi
    10 october 2014 07:50:37
    Accra, Ghana (PANA) - The following are Friday's average inter-bank exchange rates for the Ghana cedi, as announced by the Ghana Association of Bankers: Full text...

  • Gambia: Friday’s forex rates for Gambian Dalasis
    10 october 2014 07:48:11
    Banjul, Gambia (PANA) - The following are Friday’s exchange rates for the Gambian Dalasis: Full text...

  • UN: 'UN’s fiscal health depends on member states meeting obligations'
    09 october 2014 22:33:20
    New York, US (PANA) - UN Under Secretary-General for Management, Mr. Yukio Takasu, says with its limited cash reserves, the financial health of the UN is totally dependent on how quickly and how much member states pay towards the organization’s operations. Full text...

  • Nigeria: Thursday's foreign exchange rates in Nigeria
    09 october 2014 21:16:28
    Lagos, Nigeria (PANA) - Following are Thursday's exchange rates for the Nigerian currency, the Naira, against other currencies, as released by the Central Bank of Nigeria (CBN). Full text...

  • Ethiopia: Govt plans to make mining sector Ethiopia's economic growth engine
    09 october 2014 18:01:58
    Addis Ababa, Ethiopia (PANA) - Ethiopia has embarked on an aggressive campaign to make the mining sector a key part of the new pillar of its economic growth engine, PANA reported Thursday. Full text...

  • Rwanda: Thursday's forex rates for Rwandan Franc
    09 october 2014 17:02:10
    Kigali, Rwanda (PANA) – Following are Thursday’s exchange rates for the Rwandan franc as issued by the National Bank of Rwanda: Full text...

  • Cote d'Ivoire: Trading continues declining at West African Bourse
    09 october 2014 15:41:59
    Abidjan, Cote d’Ivoire (PANA) - Trading at the West African regional stock exchange, BRVM, ended Wednesday on the decline, with the BRVM Index 10 falling from 273.10 points to 270.98 points, representing a decrease of 0.78%. Full text...

  • Mauritius: Thursday's forex rates for Rupee
    09 october 2014 11:30:11
    Port-Louis, Mauritius (PANA) - Following are Thursday's exchange rates for the Mauritian Rupee: Full text...

  • Nigeria: Rating firm predicts drop in Nigerian Banks’ profits
    09 october 2014 11:03:38
    Lagos, Nigeria (PANA) - Nigerian Banks’ asset growth and earnings will fall in the next 18 months due to the moves by the apex Central Bank of Nigeria (CBN) to protect the economy and banking customers, according to the latest report from the international rating agency Fitch Ratings Ltd. Full text...

  • Tanzania: Kenya's Equity Bank to launch new mobile money SIM
    09 october 2014 09:28:49
    Dar es Salaam, Tanzania (PANA) - Taisys Technologies Limited, a world leading mobile inter-connectivity company, has announced that Kenya’s Equity Bank will be issuing an ultra-thin mobile banking smart SIM with patented technology from Taisys, according to global telecommunications industry monitor Pyramid Research (PR). Full text...

  • Zambia: Kwacha edges slightly lower against US dollar
    09 october 2014 09:14:30
    Lusaka, Zambia (PANA) - Despite the market being fairly quiet in terms of market activity from corporate buyers, the Zambian currency, Kwacha, Wednesday edged slightly lower owing to increased US dollar demand on inter-bank transactions. Full text...

  • Ghana: Thursday's exchange rates for Ghana cedi
    09 october 2014 08:34:44
    Accra, Ghana (PANA) - The following are Thursday's average inter-bank exchange rates for the Ghana cedi, as announced by the Ghana Association of Bankers: Full text...

  • Gambia: Thursday’s forex rates for Gambian Dalasis
    09 october 2014 07:10:47
    Banjul, Gambia (PANA) - The following are Thursday’s exchange rates for the Gambian Dalasis: Full text...

  • Tanzania: Thursday's forex rates for Shilling
    09 october 2014 06:54:26
    Dar es Salaam, Tanzania (PANA) - Following are Thursday's exchange rates for the Tanzania Shilling, as issued by the Bank of Tanzania: Full text...

  • Nigeria: Wednesday's foreign exchange rates in Nigeria
    08 october 2014 22:06:30
    Lagos, Nigeria (PANA) - Here are Wednesday's exchange rates for the Nigerian currency, the Naira, against other currencies as released by the Central Bank of Nigeria (CBN). Full text...

  • Rwanda: Wednesday's forex rates in Rwanda
    08 october 2014 20:08:38
    Kigali, Rwanda (PANA) – The following are Wednesday’s exchange rates for the Rwandan franc as issued by the central bank of Rwanda. Full text...

  • Rwanda: Wednesday's exchange rates for Rwandan Franc
    08 october 2014 17:02:52
    Kigali, Rwanda (PANA) - Following are Wednesday's exchange rates for the Rwandan Franc: Full text...

  • Cote d'ivoire: Trading declines at West African Bourse
    08 october 2014 15:06:20
    Abidjan, Cote d’Ivoire (PANA) - Trading at the West African regional stock exchange, BRVM, ended Tuesday on the decline, with the BRVM Index 10 falling from 273.98 points to 273.10 points, representing a decrease of 0.32%. Full text...

  • Tanzania: WB-IMF report assesses progress on development goals
    08 october 2014 14:16:02
    Dar es Salaam, Tanzania (PANA) - Much more work needs to be done to end poverty and close the gap in living standards between those in the bottom 40 percent and the top 60 percent of the population around the world, according to the Global Monitoring Report (GMR 2014/2015), released Wednesday by the World Bank (WB) and the International Monetary Fund (IMF). Full text...

  • Nigeria: Work resumes after Muslim festival
    08 october 2014 13:04:57
    Lagos, Nigeria (PANA) - Workers across Nigeria returned to their offices and students in public schools in 11 states resumed for the new academic year Wednesday, after the long holiday weekend to mark the Muslim festival of Eid Eil Kabir. Full text...

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