Economy -
  • Tuesday’s exchange rate for central African CFA
    04 june 2013 13:11:27
    Libreville, Gabon (PANA) - Following are Tuesday's exchange rates for the CFA Franc issued by the Bank of Central African States (BEAC). Full text...

  • African experts meet on trans-African highway
    04 june 2013 12:58:08
    Accra, Ghana (PANA) - A three-day meeting of African Road Infrastructure and Safety experts started in Ghana's capital, Accra, Tuesday, to validate two documents setting up minimum standards for roads covered under the Trans African Highway Network and a Charter for improving road safety in the continent, where road crashes impact significantly on socio economic development, accounting for losses of nearly 2 per cent of GDP. Full text...

  • Tuesday exchange rates for Mauritian rupee
    04 june 2013 12:53:16
    Port-Louis, Mauritius (PANA) - Following are Tuesday's exchange rates for the Mauritian rupee: Full text...

  • IATA Summit: African states urged to improve aviation policies
    04 june 2013 11:34:40
    Cape Town, South Africa (PANA) - Delegates at the ongoing 69th International Air Transport Association (IATA) summit in Cape Town, South Africa, have called on African governments to take full advantage of aviation as a catalyst for growth and development. Full text...

  • Tanzania's forex rates Tuesday
    04 june 2013 08:39:32
    Dar es Salaam, Tanzania (PANA) - Following are Tuesday's exchange rates for the Tanzanian shilling: Full text...

  • Monday’s forex rates for Mauritanian Ouguiya
    03 june 2013 15:26:47
    Nouakchott, Mauritania (PANA) - Following are Monday's foreign exchange rates for the Mauritanian Ouguiya: Full text...

  • Monday's forex rates in Gambia
    03 june 2013 15:23:40
    Dakar, Senegal (PANA) – Following are Monday's foreign exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Monday’s exchange rates for Rwandan Franc
    03 june 2013 12:54:41
    Kigali, Rwanda (PANA) - Following are Monday's exchange rates for the Rwandan Franc: Full text...

  • Monday's exchange rates in Zambia
    03 june 2013 11:24:29
    Lusaka, Zambia (PANA) - Following are Monday's exchange rates for the Zambian kwacha: Full text...

  • Nigeria seeks Japan’s support on infrastructure
    03 june 2013 09:22:48
    Lagos, Nigeria (PANA) - Nigeria's federal government has sought Japan's assistance to help the African nation in the areas of power supply, transportation, health, agriculture as well as Information and Communications Technology. Full text...

  • Nigeria to float national carrier
    03 june 2013 09:01:43
    Lagos, Nigeria (PANA) - Nigeria is to set up a national carrier, 10 years after the former one - Nigeria Airways - ceased operation, the local media reported Monday, quoting Aviation Minister Stella Oduah. Full text...

  • Tanzania's forex rates Monday
    03 june 2013 08:03:46
    Dar es Salaam, Tanzania (PANA) - Following are Monday's exchange rates for the Tanzanian shilling Full text...

  • UN chief urges Africa's integration into global economy
    02 june 2013 17:07:09
    New York, US (PANA) - UN Secretary-General Ban Ki-moon said African countries must adopt proactive policies and their partners must help forge an enabling international environment to accelerate the integration of African economy. Full text...

  • AfDB annual meetings end
    01 june 2013 12:32:29
    Marrakesh, Morocco (PANA) - The Annual Meetings of the African Development Bank Group closed on Friday in Marrakesh, Morocco, after five days of intense brainstorming on current African development issues, and the approval of the Group’s 2012 Annual Report and audited accounts as well as its operations programmes. Full text...

  • Abe opens TICAD V with US$32 bln package pledge
    01 june 2013 11:28:19
    Tokyo, Japan (PANA) - Japanese Prime Minister Shinzō Abe on Saturday opened the 5th Tokyo International Conference on African Development (TICAD) with the announcement of a five-year US$32 billion package to support infrastructure development and boost economic growth in Africa. Full text...

  • AfDB holds seminar on Sustainable Energy Fund for Africa
    31 may 2013 18:26:53
    Dakar, Senegal (PANA) – The African Development Bank (AfDB) held a seminar on Sustainable Energy Fund for Africa (SEFA), as a side event to the bank's annual meeting which wound up in Marrakesh, Morocco, Friday. Full text...

  • Friday's forex rates in Gambia
    31 may 2013 16:12:05
    Dakar, Senegal (PANA) – Following are Friday's foreign exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Friday’s exchange rates for Central African CFA
    31 may 2013 13:16:09
    Libreville, Gabon (PANA) - Following are Friday's exchange rates for the Central African CFA Franc: Full text...

  • Friday's exchange rates in Zambia
    31 may 2013 10:26:45
    Lusaka, Zambia (PANA) - Following are Friday's exchange rates for the Zambian kwacha: Full text...

  • Tanzania's forex rates Friday
    31 may 2013 07:12:35
    Dar es Salaam, Tanzania (PANA) - Following are the foreign exchange rates for the Tanzanian shilling on Friday: Full text...

  • EU approves interim EPA wih Cameroon
    30 may 2013 22:50:43
    Brussels, Belgium (PANA) – Members from the International Trade Commission of the European Parliament have approved the terms of the interim Economic Partnership Agreement (EPA) between EU and Cameroon, says a statement issued on Thursday in the Belgian capital, Brussels. Full text...

  • Nigeria to host 3rd ECOWAS investment forum
    30 may 2013 21:57:44
    Lagos, Nigeria (PANA) - Nigeria is set to host the third edition of the Economic Community of West African States (ECOWAS) Investment Forum 5-7 June in the economic capital city of Lagos, the organisers said here Thursday. Full text...

  • Moroccan King says Africa is the attractive option for economic growth
    30 may 2013 15:00:46
    Marrakech, Morocco (PANA) - The Moroccan King, Mohammed VI, has said that Africa remains "the truly attractive option" when it comes to partnership and economic growth, crediting the development to the "remarkable growth rates recorded in recent years and the numerous assets in the continent". Full text...

  • Thursday’s exchange rates for Mauritanian Ouguiya
    30 may 2013 13:02:16
    Nouakchott, Mauritania (PANA) - Following are Thursday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Local production of cement saves Nigeria 300b naira
    30 may 2013 12:06:49
    Lagos, Nigeria (PANA) - The Nigerian government has saved about 300 billion naira through the local production of cement since it commenced its 'backward integration policy' on the commodity, according to Trade and Investment Minister Olusegun Aganga (US$1=155 naira). Full text...

  • Report: ‘Africa a net creditor to the rest of the world’
    29 may 2013 19:59:17
    Marrakesh, Morocco (PANA) - A new joint report by the African Development Bank (AfDB) and Global Financial Integrity (GFI) reveals that the African continent has been a long-term net creditor to the rest of the world. Full text...

  • West Africa’s first cable-stayed bridge opened in Nigeria
    29 may 2013 19:57:18
    Lagos, Nigeria (PANA) - On a day Nigeria marked 14 years of uninterrupted democratic rule, another major milestone was recorded in infrastructure development, with the inauguration here Wednesday of the first toll fee cable-stayed bridge in West Africa. Full text...

  • ONE’s DATA Report reveals wide disparities in Africa's poverty goal progress
    29 may 2013 16:12:02
    Lagos, Nigeria (PANA) - A new "ONE's 2013 DATA Report", published Wednesday in Washington, US, and received here by PANA, shows that 30 countries in sub-Saharan Africa have accelerated progress in the last three years on reaching the Millennium Development Goals (MDGs). Full text...

  • Wednesday's exchange rates in Zambia
    29 may 2013 13:22:49
    Lusaka, Zambia (PANA) - Following are Wednesday's exchange rates for the Zambian kwacha: Full text...

  • Wednesday’s exchange rates for Mauritanian Ouguiya
    29 may 2013 13:19:19
    Nouakchott, Mauritania (PANA) - Following are Wednesday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Wednesday's forex rates in Gambia
    29 may 2013 13:16:52
    Dakar, Senegal (PANA) - Following are Wednesday's forex rates for the Gambian currency, the Dalasis (D): Full text...

  • Tanzania's forex rates Wednesday
    29 may 2013 08:21:01
    Dar es Salaam, Tanzania (PANA) - Following are Wednesday's exchange rates for the Tanzanian shilling: Full text...

  • Tuesday's forex rates in Nigeria
    28 may 2013 20:09:05
    Lagos, Nigeria (PANA) - Here are Tuesday's exchange rates for the Nigerian currency, the Naira: Full text...

  • Japan gives Mauritania 8.5 million euro to refurbish Nouadhibou fishing harbour
    28 may 2013 19:14:18
    Nouakchott, Mauritania (PANA) – Japan has approved a 8.5-million-euro funding for Mauritania to extend its traditional fishing harbour in the city of Nouadhibou, PANA reported here Tuesday. Full text...

  • Malawi president in Tokyo for Afro-Japanese conference
    28 may 2013 16:37:04
    Blantyre, Malawi (PANA) - President Joyce Banda of Malawi Tuesday left the Ethiopian capital, Addis Ababa, for Tokyo, Japan, where she is expected to attend the fifth Tokyo International Conference on African Development (TICAD). Full text...

  • Labour export not human trafficking, says Malawi Labour minister
    28 may 2013 15:43:54
    Blantyre, Malawi, May 28 (PANA) - Malawi Labour Minister Eunice Makangala, came under pressure in Parliament Tuesday over the controversial deal Malawi has signed with South Korea to send at least 100,000 Malawian young men and women to work in the Korean peninsula. Full text...

  • Tuesday’s exchange rates for Mauritian rupee
    28 may 2013 13:09:22
    Port-Louis, Mauritius (PANA) - Following are Tuesday's exchange rates for the Mauritian rupee: Full text...

  • Tuesday's exchange rates in Zambia
    28 may 2013 12:54:22
    Lusaka, Zambia (PANA) - Following are Tuesday's exchange rates for the Zambian kwacha: Full text...

  • BADEA gives US$10m loan to Chad, US$8m to Sierra Leone
    28 may 2013 11:20:37
    Dakar, Senegal (PANA) - The Arab Bank for Economic Development in Africa (BADEA) has given a US$10 million loan to Chad as part financing for a road project from Massakory to the Niger border. Full text...

  • 'Natural resources can fuel Africa’s transformation'
    28 may 2013 08:37:59
    Addis Ababa, Ethiopia (PANA) - Africa’s agricultural, mining and energy resources could boost the continent’s economic growth and pave the way for a breakthrough in human development, according to the African Economic Outlook 2013, released at the ongoing annual meetings of the African Development Bank (AfDB) in Marrakech, Morroco. Full text...

  • Tanzania's forex rates Tuesday
    28 may 2013 08:25:21
    Dar es Salaam, Tanzania (PANA) - Following are exchange rates of the Tanzanian shilling on Tuesday: Full text...

  • UN report says Africa's natural resources can fuel economic transformation
    27 may 2013 21:18:01
    New York, US (PANA) - A UN report on Monday said Africa must tap into its agricultural, mining and energy resources to boost its economic growth. Full text...

  • Monday's forex rates in Nigeria
    27 may 2013 19:29:38
    Lagos, Nigeria (PANA) - Here are Monday's foreign exchange rates for the Nigerian currency, the Naira: Full text...

  • Malawi to send 100,000 youth to work in South Korea
    27 may 2013 18:24:41
    Blantyre, Malawi (PANA) - Malawi plans to send 100,000 of its young people to work in South Korea as one of the Joyce Banda administration's moves to ease unemployment and reduce poverty in the southern African country, a senior minister has disclosed. Full text...

  • EU’s foreign affairs ministers to discuss ACP budget
    27 may 2013 15:31:46
    Brussels, Belgium (PANA) – The European Union’s Foreign Affairs ministers on Monday met in Brussels, the Belgian capital, to discuss the budget to be provided for the African Caribbean and Pacific countries for the period 2014-2020, within the framework of the 11th European Development Fund (FED), PANA reported here. Full text...

  • Monday's forex rates in Gambia
    27 may 2013 14:57:24
    Dakar, Senegal (PANA) – Following are Monday's foreign exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • AfDB's 48th annual meetings open in Morocco
    27 may 2013 13:40:33
    Dakar, Senegal (PANA) – The 48th annual meetings of the African Development Bank (AfDB) opened Monday in Marrakech, Morocco, with a focus on the need for Africa to turn its economic growth into truly ''shared and sustainable economic transformation in the next half century''. Full text...

  • Monday's forex rates in Zambia
    27 may 2013 13:19:04
    Lusaka, Zambia (PANA) – Following are Monday's foreign exchange rates for the Zambian kwacha: Full text...

  • Total Congo sells 15% of its exploration subsidiary to Qatar
    27 may 2013 12:19:39
    Brazzaville, Congo (PANA) - The Qatari national oil company, Qatar Petroleum (QP), has acquired a 15 per cent stake in the exploration and production subsidiary of Total Congo, the Congolese Ministry of Hydrocarbons announced in a statement here Monday Full text...

  • Monday’s forex rates for Mauritian rupee
    27 may 2013 12:08:00
    Port Louis, Mauritius (PANA) - Following are Monday's exchange rates for the Mauritian rupee: Full text...

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