Economy -
  • Senegal: Friday’s forex rates for Gambian Dalasis
    05 december 2014 09:43:42
    Dakar, Senegal (PANA) - The following are Friday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Mauritius: Friday's forex rates for Rupee
    05 december 2014 08:33:47
    Port-Louis, Mauritius (PANA) - The following are Friday's exchange rates for the Mauritian Rupee: Full text...

  • Tanzania: Friday's forex rates for Shilling
    05 december 2014 06:46:54
    Dar es Salaam, Tanzania (PANA) - The following are Friday's exchange rates for the Tanzania Shilling, as issued by the Bank of Tanzania: Full text...

  • Ethiopia: African trade ministers meet on market expansion
    04 december 2014 21:51:13
    Addis Ababa, Ethiopia (PANA) - African Trade Ministers have kicked off a meeting to prepare the ground for the launch of negotiations on a Continental Free Trade Area (CFTA), PANA reported Thursday. Full text...

  • Gabon: Thursday's forex rates in Central Africa
    04 december 2014 19:04:22
    Libreville, Gabon (PANA) – Following are exchange rates of several foreign currencies for the CFAF of Central Africa as issued Thursday by the Bank of Central African States (BEAC): Full text...

  • Nigeria : Thursday's foreign exchange rates in Nigeria
    04 december 2014 17:59:45
    Lagos, Nigeria (PANA) - Following are Thursday's exchange rates for the Nigerian Naira released by the Central Bank of Nigeria: Full text...

  • Kenyan: Safaricom launches 4G mobile system
    04 december 2014 15:10:46
    Nairobi, Kenya (PANA) - Kenyan telecommunication firm, Safaricom, said Thursday it was launching the fourth Generation (4G) LTE - the most advanced version for mobile networks, the first African telecom firm to launch the service. Full text...

  • Mauritania: Thursday's forex rates for Ouguiya
    04 december 2014 11:47:21
    Nouakchott, Mauritania (PANA) - The following are Thursday's foreign exchange rates for the Mauritanian Ouguiya: Full text...

  • Senegal: Thursday’s forex rates for the Gambian Dalasis
    04 december 2014 09:31:53
    Dakar, Senegal (PANA) – Following are Thursday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Mauritius: Thursday's forex rates for Rupee
    04 december 2014 08:41:51
    Port-Louis, Mauritius (PANA) -The following are Thursday's exchange rates for the Mauritian Rupee: Full text...

  • Ghana: Thursday's exchange rates for Ghana cedi
    04 december 2014 07:49:36
    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...

  • US: IMF says Sudan in 'debt distress'
    04 december 2014 06:37:55
    New York, US (PANA) - The International Monetary Fund (IMF) says Sudan is currently in "debt distress" with most of its external debt in arrears. Full text...

  • Tanzania: Thursday's forex rates for Shilling
    04 december 2014 06:25:47
    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
    03 december 2014 21:13:42
    Lagos, Nigeria (PANA) - Following are Wednesday's exchange rates for the Nigerian naira against other currencies, as released by the Central Bank of Nigeria (CBN). Full text...

  • Mali: EU releases 95 million Euros for Malian state consolidation
    03 december 2014 16:53:59
    Bamako, Mali (PANA) – The European Union has paid 95 million Euros in support of State consolidation for Mali within the framework of the EU budget of this year, according to a communiqué issued Wednesday by the European Union representation in Bamako. Full text...

  • Cote d'Ivoire: Trading up at the West African bourse
    03 december 2014 13:40:43
    Abidjan, Cote d’Ivoire (PANA) - Trading at the West African regional stock exchange, BRVM, ended Tuesday on the rise, with the BRVM index 10 inching up from 259.19 to 259.50 points, representing a rise of 0.12%. Full text...

  • Libya: Tunisia wants authorities to bring down oil prices in Libya
    03 december 2014 13:38:11
    Tripoli, Libya (PANA) - Tunisia has formally asked Libya to bring down its price of oil to enable it buy the product, stating that the crude would also benefit approximately two million Libyans living in Tunisia, PANA reported Wednesday, quoting local Libyan media. Full text...

  • Tanzania: Air Seychelles adds Dar es Salaam to its regional destinations
    03 december 2014 12:10:13
    Dar es Salaam, Tanzania (PANA) - Air Seychelles has opened a new route directly linking the west Indian Ocean Island's capital, Victoria, and Tanzania's commercial capital, Dar es Salaam, to boost tourism between the two countries, the Tanzania Aviation Authority (TAA) said here Wednesday. Full text...

  • Senegal: Wednesday’s forex rates for Gambian Dalasis
    03 december 2014 11:44:47
    Dakar, Senegal (PANA) - Following are Wednesday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Tanzania: Global falling prices of oil trigger drop in Tanzanian fuel cost
    03 december 2014 08:22:29
    Dar es Salaam, Tanzania (PANA) - Fuel prices at filling stations throughout Tanzania markedly dropped effective Wednesday as a result of plummeting oil prices on the world market, the country's Energy and Water Utility Regulatory Authority (EWURA) has announced. Full text...

  • Mauritius: Wednesday's forex rates for Rupee
    03 december 2014 07:56:05
    Port-Louis, Mauritius (PANA) - The following are Wednesday's exchange rates for the Mauritian Rupee: Full text...

  • Tanzania: Wednesday's forex rates for Shilling
    03 december 2014 07:35:55
    Dar es Salaam, Tanzania (PANA) - Following are Wednesday's exchange rates for the Tanzania Shilling, as issued by the Bank of Tanzania: Full text...

  • Ghana: Wednesday's exchange rates for Ghana cedi
    03 december 2014 07:34:24
    Accra, Ghana (PANA) - The following are Wednesday's average inter-bank exchange rates for the Ghana cedi, as announced by the Ghana Association of Bankers: Full text...

  • Tunisia: Algerian-Italian relations are 'very good', says Algerian PM
    02 december 2014 23:09:34
    Tunis, Tunisia (PANA) – The Algerian Prime minister Abdelmalek Sellal on Tuesday described relations with Italy as "very good" saying the European nation is a strategic partner for Algeria, particularly in the domain of energy. Full text...

  • UN: World Bank says economic impact of Ebola exceeds US$500 million
    02 december 2014 22:39:53
    New York, US (PANA) - The World Bank announced on Tuesday that economic growth estimates in the three countries most affected by the Ebola crisis have been revised sharply downward with the impact totalling well over half a billion dollars in 2014. Full text...

  • Nigeria : Tuesday's foreign exchange rates in Nigeria
    02 december 2014 20:42:19
    Lagos, Nigeria (PANA) - Following are Tuesday's exchange rates for the Nigerian currency,the Naira as released by the Central Bank of Nigeria: Full text...

  • Mali: AfDB releases 1 billion CFAF for energy project in Mali
    02 december 2014 20:26:02
    Bamako, Mali (PANA) – Mali is to receive one billion CFAF from the African Development Bank (AfDB) to finance a project to promote renewable energy sources in the West African country. Full text...

  • Senegal: WB report says development economics, development policy due for redesign
    02 december 2014 16:41:58
    Dakar, Senegal (PANA) – Development policies based on new insights into how people actually think and make decisions will help governments and civil society achieve development goals more effectively, the World Bank said Tuesday as it released its World Development Report 2015. Full text...

  • South Africa: SAA increases African routes
    02 december 2014 14:54:07
    Cape Town, South Africa (PANA) – South African Airways (SAA) on Tuesday announced that it has added additional flights to its network, substantially increasing air services to some of its key African routes. Full text...

  • Mauritania: Tuesday's forex rates for Ouguiya
    02 december 2014 12:38:29
    Nouakchott, Mauritania (PANA) - The following are Tuesday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Nigeria: Capital market regulator unveils 10-year master plan
    02 december 2014 12:38:21
    Lagos, Nigeria (PANA) - Nigeria’s capital market chief regulator, the Securities and Exchange Commission (SEC), has unveiled a 10-year master plan aimed at developing a bond market capable of meeting the country’s infrastructure deficit estimated at US$3.9 trillion over the next 30 years. Full text...

  • Senegal: Tuesday’s forex rates for Gambian Dalasis
    02 december 2014 11:28:04
    Dakar, Senegal (PANA) - The following are Tuesday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Tanzania: IMF Executive Board approves US$11.7m disbursement to Mali
    02 december 2014 08:49:19
    Dar es Salaam, Tanzania (PANA) - The Executive Board of the International Monetary Fund (IMF) Monday completed the first and second reviews of Mali’s performance under an economic programme supported by a three-year Extended Credit Facility (ECF) arrangement and approved immediate disbursement of US$11.7 million to the West African country. Full text...

  • Mauritius: Tuesday's forex rates for Rupee
    02 december 2014 08:32:49
    Port-Louis, Mauritius (PANA) - The following are Tuesday's exchange rates for the Mauritian Rupee: Full text...

  • UN: Ghana teams up with UN-backed alliance to faciltate cashless economy
    02 december 2014 08:12:55
    New York, US (PANA) - The Government of Ghana is taking steps towards enhancing fiscal transparency and promoting the financial inclusion of its citizens by committing to a UN-backed initiative that supports countries’ transitions to electronic payments, a UN statement said on Tuesday in New York. Full text...

  • Ghana: Tuesday's exchange rates for Ghana cedi
    02 december 2014 08:00:41
    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...

  • Tanzania: Tuesday's forex rates for Shilling
    02 december 2014 07:10:00
    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...

  • Senegal: Sall urges the West to face China's strong competition in Africa
    01 december 2014 20:55:04
    Dakar, Senegal (PANA) - Senegalese President Macky Sall said on Monday in Diamniadio, about 40 km from Dakar, that the presence of China in Africa should not worry the West, urging businesses to accept to face Chinese competition on the continent. Full text...

  • Nigeria : Monday's foreign exchange rates in Nigeria
    01 december 2014 18:18:13
    Lagos, Nigeria (PANA) - Following are Monday's exchange rates for the Nigerian currency,the Naira as released by the Central Bank of Nigeria: Full text...

  • Senegal: Senegalese president prods Francophonie Forum to shed bureaucracy
    01 december 2014 17:47:00
    Dakar, Senegal (PANA) - Senegalese President Macky Sall has called on member countries of the International Organization of the Francophonie (OIF) to "move from intention to action" and give the organization an economic dimension. Full text...

  • Kenya: Africa moves to tap Diaspora remittances
    01 december 2014 14:47:17
    Nairobi, Kenya (PANA) - African countries have taken the bold step to improve measurement and recording of remittances flow, reduce remittance transfer costs and enable beneficiaries to be included in the financial system. Full text...

  • Kenya: US Corporate Council on Africa chief leads trade mission to East Africa
    01 december 2014 14:22:03
    Nairobi, Kenya (PANA) - The President and Chief Executive Officer of the Corporate Council on Africa (CCA), Stephen Hayes, is leading a trade mission, of over 15 delegates representing 10 American companies, to Kenya, Rwanda and Uganda, the US Embassy in Nairobi said Monday. Full text...

  • Egypt: Afreximbank’s cocoa processing financing tops US$350m
    01 december 2014 13:05:59
    Cairo, Egypt (PANA) - The African Export-Import Bank (Afreximbank) has provided about US$350 million in financing to support cocoa processing activities in the four major cocoa producing countries in Africa, according to Bank President Jean-Louis Ekra. Full text...

  • Gabon: Monday's forex rates in Central Africa
    01 december 2014 11:57:07
    Libreville, Gabon (PANA) - The following are Monday's exchange rates for the CFA Franc of the Central African states: Full text...

  • Mauritania: Monday's forex rates for Ouguiya
    01 december 2014 11:34:42
    Nouakchott, Mauritania (PANA) - The following are Monday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Senegal: Monday’s forex rates for Gambian Dalasis
    01 december 2014 09:45:44
    Dakar, Senegal (PANA) - Following are Monday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Tanzania: Monday's forex rates for Shilling
    01 december 2014 08:11:38
    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
    01 december 2014 07:15:18
    Accra, Ghana (PANA) - The following are Monday's average inter-bank exchange rates for the Ghana cedi, as announced by the Ghana Association of Bankers: Full text...

  • Senegal: Saturday’s forex rates for the Gambian Dalasis
    29 november 2014 13:20:55
    Dakar, Senegal (PANA) – Following are Saturday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Nigeria: ECOWAS regional common external tariff to come into effect Jan. 1, 2015
    28 november 2014 15:45:08
    Abuja, Nigeria (PANA) - Preparations for the January 2015 take off of the regional Common External Tariff (CET) has started in Accra, Ghana, with two landmark meetings of experts and ministers to evaluate the preparedness at the national and regional levels for the implementation of the harmonised tariff regime, an important milestone on the road to the creation of a customs union for West Africa. Full text...

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