Economy -
  • Latest foreign exchange rates in Nigeria
    30 april 2013 20:06:49
    Lagos, Nigeria (PANA) - Here are Tuesday's foreign exchange rates for the Nigerian currency, Naira: Full text...

  • Burundi sets up employment directorate to tackle unemployment
    30 april 2013 16:25:57
    Bujumbura, Burundi (PANA) – The Burundi government has announced plans to set up a national directorate of employment, with branches in the 17 provinces in the country, to reduce the growing unemployment figures, the Burundian head of State, Pierre Nkurunziza, indicated here Monday. Full text...

  • AfDB unveils new 10-year strategy for Africa
    30 april 2013 16:14:53
    Dakar, Senegal (PANA) – The African Development Bank (AfDB) Group Tuesday unveiled a new 10-year strategy for Africa, saying the continent's ''economic transformation'' forms its cornerstone. Full text...

  • Tuesday’s forex rates for Central African CFA
    30 april 2013 16:06:39
    Libreville, Gabon (PANA) – Following are Tuesday's foreign exchange rates for the Central African CFA Franc: Full text...

  • Tuesday’s forex rates for Rwandan franc
    30 april 2013 12:45:37
    Kigali, Rwanda (PANA) - Following are Tuesday's exchange rates for the Rwandan franc: Full text...

  • Tuesday’s forex rates for Mauritian rupee
    30 april 2013 12:44:28
    Port Louis, Mauritius (PANA) - Following are Tuesday's exchange rates for the Mauritian rupee: Full text...

  • Tuesday’s forex rates for Mauritanian Ouguiya
    30 april 2013 12:18:27
    Nouakchott, Mauritania (PANA) - Following are Tuesday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Tanzania's forex rates Tuesday
    30 april 2013 07:21:58
    Dar es Salaam, Tanzania (PANA) - Following are Tuesday's exchange rates for the Tanzanian shilling: Full text...

  • West African Gas Pipeline misses another deadline to resume production
    29 april 2013 20:31:36
    Accra, Ghana (PANA) – The West African Gas Pipeline project under which Nigeria is to supply Ghana, Togo and Benin with natural gas will miss another deadline to resume supplies on Tuesday. Full text...

  • Monday's forex rates in Nigeria
    29 april 2013 20:05:52
    Lagos, Nigeria (PANA) - Here are the latest exchange rates for the Nigerian currency, the Naira: Full text...

  • Ernst & Young says Africa's growth story ''real''
    29 april 2013 18:06:16
    Dakar, Senegal (PANA) - Ernst & Young, a leading global firm, Monday released its 2013 Africa Attractiveness survey, saying: a ''new story is emerging about Africa -- a story of growth, progress and profitability'' and that the continent's growth story "is real''. Full text...

  • Monday's forex rates for Gambian Dalasis
    29 april 2013 13:28:17
    Dakar, Senegal (PANA) – Following are Monday's foreign exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Nigeria’s infrastructure bank recapitalise to 29b naira
    29 april 2013 12:51:24
    Lagos, Nigeria (PANA) - The board of directors of Nigeria’s Infrastructure Bank Plc has approved the recapitalisation of the financial institution to the tune of 29 billion naira (US$180 million), according to the Chief Executive Officer (CEO), Mr. Adekunle Oyinloye. Full text...

  • Monday’s forex rates for Mauritanian Ouguiya
    29 april 2013 12:23:29
    Nouakchott, Mauritania (PANA) - Following are Monday's exchange rates for the Mauritanian Ouguiya; Full text...

  • Monday’s forex rates for Mauritian rupee
    29 april 2013 11:39:01
    Port-Louis, Mauritius (PANA) - Following are Monday's exchange rates for the Mauritian rupee: Full text...

  • Monday’s forex rates for Central African CFA
    29 april 2013 11:37:40
    Libreville, Gabon (PANA) - Following are Monday's exchange rates for the CFA issued by the Bank of Central African States (BEAC): Full text...

  • Tanzania's forex rates Monday
    29 april 2013 11:25:45
    Dar es Salaam, Tanzania (PANA) - Following are Monday's exchange rates for the Tanzanian shilling: Full text...

  • Sunday’s exchange rates for Mauritanian Ouguiya
    28 april 2013 13:49:41
    Nouakchott, Mauritania (PANA) – The following are the exchange rates for the Mauritanian Ouguiya against some foreign currencies published on Sunday by the Mauritanian Central Bank (BCM). Full text...

  • Mauritanian govt. plans adequate electricity for its population
    26 april 2013 18:48:36
    Nouakchott, Mauritania (PANA) – The Mauritanian government plans to refurbish and upgrade its electricity generating facilities to ensure that the population and firms have adequate access to power across the country. Full text...

  • Friday's forex rates for Gambian Dalasis
    26 april 2013 18:29:22
    Dakar, Senegal (PANA) - Following are Friday's foreign exchange rates for the Gambian currency, the Dalasis: Full text...

  • 66,000 Kenyan slum dwellers to get power 2015
    26 april 2013 16:39:27
    Nairobi, Kenya (PANA) - Some 66,000 people living in slums in Kenyan cities and towns will benefit from a Kenya Power plan to provide safe and affordable electricity connections in various parts of the country by the year 2015. Full text...

  • Latest forex rates for Central African CFA
    26 april 2013 13:07:27
    Libreville, Gabon (PANA) - Following are Friday's exchange rates for the CFA franc issued by the Bank of Central African States (BEAC): Full text...

  • Friday's exchange rates in Zambia
    26 april 2013 13:05:28
    Lusaka, Zambia (PANA) - Following are Friday's exchange rates for the Zambian kwacha: Full text...

  • Latest forex rates for Mauritian rupee
    26 april 2013 13:03:07
    Port-Louis, Mauritius (PANA) - Following are Friday's exchange rates for the Mauritian rupee: Full text...

  • Mobile service earnings in emerging markets set to surpass developed markets
    26 april 2013 12:33:11
    Addis Ababa, Ethiopia (PANA) - Telecom service revenue in emerging markets will increase five times faster than in developed markets and make mobile service revenue in emerging markets in 2015 larger than mobile service revenue in developed markets for the first time ever, according to a study by Pyramid Research. Full text...

  • Unified approach to Africa’s trade deals advocated
    26 april 2013 08:38:28
    Addis Ababa, Ethiopia (PANA) - African countries need to adopt a unified continental negotiation framework to maximise the development impact of economic and trade agreements, the 2013 Economic Report on Africa (ERA) has recommended. Full text...

  • Thursday's forex rates in Nigeria
    25 april 2013 20:17:39
    Lagos, Nigeria (PANA) - Following are Thursday's foreign exchange rates for the Nigerian currency, the Naira: Full text...

  • Telkom Kenya reaps from fixed line subscribers' growth
    25 april 2013 16:52:15
    Nairobi, Kenya (PANA) - Telkom Kenya has continued to grow the number of its fixed line subscribers despite the fact that Kenya's telecoms industry stays focused on the Global System for Mobile Communications (GSM) scene. Full text...

  • ECOWAS ministers discuss implementation plan for Abidjan-Lagos highway
    25 april 2013 15:56:19
    Abuja, Nigeria (PANA) - ECOWAS Ministers of Works/Road Infrastructure, Transport, Finance and Justice from Benin, Cote d’Ivoire, Ghana, Nigeria and Togo, rose from a one-day meeting here Monday, agreeing on an implementation plan for the construction of a proposed highway linking Abidjan, Cote d'Ivoire, to Lagos, Nigeria. Full text...

  • Thursday’s forex rates for Mauritian rupee
    25 april 2013 13:50:40
    Port-Louis, Mauritius (PANA) – Following are Thursday's foreign exchange rates for the Mauritian rupee: Full text...

  • Thursday’s forex rates for Mauritanian Ouguiya
    25 april 2013 12:53:56
    Nouakchott, Mauritania (PANA) - Following are Thursday's exchange rates for the Mauritanian Ouguiya: Full text...

  • AU-ECA report urges commodity-based industrialisation to boost economic growth
    25 april 2013 12:50:55
    Addis Ababa, Ethiopia (PANA) - There is a real opportunity for African countries to create jobs and promote economic transformation through a commodity-based industrialisation and value addition process that involves soft and hard commodities, according to the 2013 Economic Report on Africa (ERA) published here Thursday. Full text...

  • 'Air transport in Africa may grow by 5.2% in 2013'
    25 april 2013 12:33:59
    Brazzaville, Congo (PANA) - Air transport in Africa may grow by 5.2 percent in 2013, against 5.1 percent in 2012, according to Mr. Elijah Chingosho, Secretary General of the African Airlines Association (AFRAA). Full text...

  • Thursday’s forex rates for Central African CFA
    25 april 2013 12:12:39
    Libreville, Gabon (PANA) - Following are Thursday's exchange rates for the CFA franc issued by the Bank of Central African States (BEAC): Full text...

  • Tanzania's forex rates Thursday
    25 april 2013 07:32:42
    Dar es Salaam, Tanzania (PANA) - Following are Thursday's exchange rates for the Tanzanian shilling: Full text...

  • UN report: Commodity-based industrialization key to Africa's development
    24 april 2013 20:40:55
    New York, US (PANA) - A UN economic report says sweeping political and economic changes over the last half century have set the stage for Africa’s emergence as a global economic power and the continent should take advantage of that opportunity through a commodity-based industrialization strategy. Full text...

  • Africa needs US$ 390 billion for infrastructure financing - AfDB
    24 april 2013 17:28:28
    Dakar, Senegal (PANA) - The African Development Bank (AfDB) has released a new report, saying that Africa needs about US$ 390 billion in the medium term to finance its infrastructure, PANA reported Wednesday. Full text...

  • AfDB to meet on “Structural Transformation in Africa”
    24 april 2013 16:09:12
    Dakar, Senegal (PANA) - The African Development Bank (AfDB) Group Wednesday disclosed that its 48 annual meeting, slated for next month in Marrakech, Morocco, would be held under the central theme - “Structural Transformation in Africa”. Full text...

  • UN, Bretton Woods institutions, others meet on debt crises
    24 april 2013 16:04:25
    New York, US (PANA) - UN officials, economic experts and representatives of international Full text...

  • FAD grants Togo CFA F 4b to train young entrepreneurs
    24 april 2013 14:57:53
    Lome, Togo (PANA) – The French Development Agency (FAD) has granted Togo CFA F 4 billion which will enable the West African country train its young population in the fields of auto mechanics, electrical works, and welding, among other fields, in partnership with the private sector. Full text...

  • ASECNA air traffic experts meet in Banjul
    24 april 2013 14:41:43
    Banjul, Gambia (PANA) - Representatives from the 18-Member States of the Agency for the Security of Air Navigation in Africa and Madagascar (ASECNA) began a meeting in Banjul to review air safety and security. Full text...

  • Wednesday’s forex rates for Central African CFA
    24 april 2013 12:20:43
    Libreville, Gabon (PANA) - Following are Wednesday's exchange rates for the CFA issued by the Bank of Central African States (BEAC): Full text...

  • Wednesday's forex rates for Gambian Dalasis
    24 april 2013 12:15:53
    Dakar, Senegal (PANA) - Following are Wednesday's forex rates for the Gambian Dalasis: Full text...

  • Wednesday’s forex rates for Mauritian rupee
    24 april 2013 12:08:26
    Port Louis, Mauritius (PANA) - Following are Wednesday's exchange rates for the Mauritian rupee: Full text...

  • Wednesday’s forex rates for Mauritanian Ouguiya
    24 april 2013 12:06:22
    Nouakchott, Mauritania (PANA) - Following are Wednesday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Tuesday's forex rates in Nigeria
    23 april 2013 19:26:59
    Lagos, Nigeria (PANA) - Here are Tuesday's foreign exchange rates for the Nigerian currency, the Naira: Full text...

  • Tuesday’s forex rates for Mauritian rupee
    23 april 2013 12:50:27
    Port-Louis, Mauritius (PANA) - Following are Tuesday's exchange rates for the Mauritian rupee: Full text...

  • Tuesday’s forex rates for Mauritanian Ouguiya
    23 april 2013 12:49:12
    Nouakchott, Mauritania (PANA) - Following are Tuesday's exchange rates for the Mauritanian Ouguiya: Full text...

  • SA for Zim trade fair
    23 april 2013 10:55:51
    Cape Town, South Africa (PANA) - South Africa’s Deputy Minister of Trade and Industry Elizabeth Thabethe is leading a group of 47 South African companies to the 54th edition of the Zimbabwe International Trade Fair (ZITF) in Bulawayo from Tuesday to Saturday. Full text...

  • Nigeria to save 755b naira from metering policy
    23 april 2013 10:13:10
    Lagos, Nigeria (PANA) - Nigeria's Minister of Trade and Investment Olusegun Aganga has expressed optimism that the implementation of accurate metering policy by the weights and measures department of the ministry will save about 755 billion naira (US$4.7 billion) monthly for the country. Full text...

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