Economy -
  • 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...

  • Cote d'Ivoire: Trading down at West African bourse
    28 november 2014 13:05:28
    Abidjan, Cote d’Ivoire (PANA) - Trading at the West African regional stock exchange, BRVM, ended Thursday on a slight decline, with the BRVM index 10 falling from 260.18 to 259.98 points, representing a decline of 0.08%. Full text...

  • Gabon: Friday's forex rates in Central Africa
    28 november 2014 13:02:50
    Libreville, Gabon (PANA) - Following are Friday's foreign exchange rates in the Central African States: Full text...

  • Mauritius: Friday's forex rates for Rupee
    28 november 2014 12:07:42
    Port-Louis, Mauritius (PANA) - Following are Friday's exchange rates for the Mauritian Rupee: Full text...

  • Senegal: Friday’s forex rates for Gambian Dalasis
    28 november 2014 09:17:36
    Dakar, Senegal (PANA) - Following are Friday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Tanzania: Ugandan traders threaten to boycott Kenya's Mombasa port
    28 november 2014 08:19:06
    Dar es Salaam, Tanzania (PANA) - Business people under the Kampala City Traders Association (KACITA) have given Kenya Revenue Authority (KRA) two weeks to unconditionally release Uganda-bound cargo or they will boycott Mombasa Port, Uganda's Daily Monitor reported Friday. Full text...

  • Tanzania: Kenya telecom market in disarray as Viettel drops bid for Orange Group's stake
    28 november 2014 08:04:04
    Dar es Salaam, Tanzania (PANA) - Vietnamese telecoms group Viettel’s withdrawal from its planned purchase of Orange Group’s 70 percent stake in Telkom Kenya has left the country’s telecom market in a state of disarray, according to an industry update by Pyramid Research (PR). Full text...

  • Ghana: Friday's exchange rates for Ghana cedi
    28 november 2014 07:40:16
    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...

  • Tanzania: Friday's forex rates for Shilling
    28 november 2014 06:36:25
    Dar es Salaam, Tanzania (PANA) - Following are Friday's exchange rates for the Tanzania Shilling, as issued by the Bank of Tanzania: Full text...

  • Nigeria: Nigeria, EU end one-day ministerial dialogue
    27 november 2014 22:26:13
    Abuja, Nigeria (PANA) – The 5th Nigeria-European Union (EU) Ministerial Dialogue ended in Abuja on Thursday with renewed commitment to push through a collaborative effort towards achieving credible elections, combating insurgency and forming a strong partnership in boosting bilateral trade relations. Full text...

  • UN: New UN report cals for structural reforms to help poorest countries
    27 november 2014 21:05:04
    New York, US (PANA) - The world's poorest countries are trapped in an economic vicious circle, which pins them in poverty and must be reversed if new development goals are to be met, a new UN Conference on Trade and Development (UNCTAD) report released on Thursday has said. Full text...

  • Mauritius: Tourist arrivals in Mauritius to reach 1.4 million this year
    27 november 2014 19:46:10
    Port Louis, Mauritius (PANA) - Tourist arrivals in Mauritius will reach 1.04 million this year compared to 993,106 in 2013, according to official statistics obtained by PANA here Thursday. Full text...

  • Nigeria: Govt launches 10-year capital market masterplan to insulate Nigerian economy
    27 november 2014 17:40:32
    Abuja, Nigeria (PANA) – Nigeria on Friday launched a new 10-year capital market master plan (2015 -2025) as a way of diversifying the economy to insulate it from the effects of over-dependence on crude oil and other mineral resources. Full text...

  • Mauritius: Tourist arrivals to reach 1.04 million this year in Mauritius
    27 november 2014 15:22:11
    Port-Louis, Mauritius (PANA) – Statistics Mauritius indicated Thursday that, based on latest available data and information gathered from stakeholders, tourist arrivals for 2014 is forecast to reach 1,040,000, representing an increase of 4.7% over the figure of 993,106 in 2013. Full text...

  • Nigeria: Nigeria's oil minister becomes OPEC president
    27 november 2014 15:09:15
    Lagos, Nigeria (PANA) - Nigeria’s Petroleum Minister, and head of the country’s delegation to the ongoing 166th General Meeting of the Organisation of Petroleum Exporting Countries (OPEC), Diezani Alison-Madueke, has been elected the president of the international oil body, the online PREMIUM TIMES reported Thursday. Full text...

  • Congo: BEAC revises Congo's growth forecasts for 2014
    27 november 2014 13:49:25
    Brazzaville, Congo (PANA) - The Monetary Committee of the Bank of Central African States (BEAC) has revised Congo economic growth downwards -- from 12% as previously predicted to 9.1%. Full text...

  • Libya: Air traffic resumes at Maitigua airport, Tripoli
    27 november 2014 13:43:20
    Tripoli, Libya (PANA) - Air traffic resumed Thursday morning at the Maitigua Airport, in the suburb of Tripoli, the Libyan capital, after two days of suspension following air strikes on the runway, the airport management announced here. Full text...

  • Mauritania: Mauritania to reform business sector
    27 november 2014 12:52:04
    Nouakchott, Mauritania (PANA) - Mauritania says it is in the process of reforming its business sector as part of a broader programme to boost the business environment, PANA learnt from informed sources. Full text...

  • Mauritania: Thursday's forex rates for Ouguiya
    27 november 2014 10:11:58
    Nouakchott, Mauritania (PANA) - Following are Thursday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Senegal: Thursday’s forex rates for Gambian Dalasis
    27 november 2014 09:42:34
    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
    27 november 2014 09:39:09
    Port-Louis, Mauritius (PANA) - Following are Thursday's exchange rates for the Mauritian Rupee: Full text...

  • Tanzania: Thursday's forex rates for Shilling
    27 november 2014 08:26:19
    Dar es Salaam, Tanzania (PANA) - Following are Thursday's exchange rates for the Tanzania Shilling, as issued by the Bank of Tanzania: Full text...

  • Ghana: Thursday's exchange rates for Ghana cedi
    27 november 2014 08:11:11
    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...

  • Tunisia: International forum on sustainable energy opens in Tunis
    26 november 2014 22:46:11
    Tunis, Tunisia (PANA) - Several national and international experts are taking part in the Second International Forum on Sustainable Energy that opened in Tunis on Wednesday. Full text...

  • Côte d'Ivoire: AfDB grants Ghana US$1 million for SMEs training programmes
    26 november 2014 22:36:29
    Abidjan, Côte d’Ivoire (PANA) – The African Development Bank (AfDB) has granted Ghana US$1 million to finance its programme to strengthen capacities for Small and Medium-size Enterprises (SMEs), according to a communiqué issued on Wednesday to PANA. Full text...

  • US: IMF says political, security challenges affect Lesotho's economic growth
    26 november 2014 20:39:30
    New York, US (PANA) - The International Monetary Fund (IMF) on Wednesday said Lesotho's economic growth is being affected by the country's current political and security situation, Full text...

  • Mali: World Bank extends development credit, development policy grant to Mali
    26 november 2014 18:55:10
    Bamako, Mali (PANA) – Malian Minister of Economy and Finance, Mrs Bouaré Fily Sissoko and Paul Noumba um, World Bank Country Director for Mali, on Wednesday in Bamako signed a financing deal to help Mali strengthen government accountability and transparency as well as improve public sector spending. Full text...

  • Nigeria: EU commits Euros 40m to ECOWAS projects for economic integration
    26 november 2014 16:56:36
    Abuja, Nigeria (PANA) – The European Union has committed Euros 40 million (US $60 million) to the launch of two projects aimed at achieving economic integration and attracting private sector investments in West African states, it was officially announced here Wednesday. Full text...

  • Côte d'Ivoire: Trading up at West African bourse
    26 november 2014 15:42:24
    Abidjan, Côte d’Ivoire (PANA) – Trading at the West African regional bourse, BRVM, closed Tuesday up compared to the previous session, with the BRVM 10 index rising from 254.23 to 261.06 points, a rise of 2.69%. Full text...

  • Senegal: Wednesday’s forex rates for Gambian Dalasis
    26 november 2014 09:09:36
    Dakar, Senegal (PANA) - The following are Wednesday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Mauritius: Wednesday's forex rates for Rupee
    26 november 2014 09:07:48
    Port-Louis, Mauritius (PANA) - The following are Wednesday's exchange rates for the Mauritian Rupee: Full text...

  • Tanzania: IMF says Egypt on road to recovery after four years of stagnation
    26 november 2014 08:17:53
    Dar es Salaam, Tanzania (PANA) - The Egyptian economy has begun to recover after four years of slow activity and there is a growing national consensus on the need for economic reform, an International Monetary Fund (IMF) staff team has observed at the conclusion of a visit to Cairo. Full text...

  • Tanzania: Wednesday's forex rates for Shilling
    26 november 2014 08:08:57
    Dar es Salaam, Tanzania (PANA) - The 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
    26 november 2014 08:06:54
    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...

  • Mali: WADB to invest 280 billion CFAF in Mali
    25 november 2014 21:43:00
    Bamako, Mali (PANA) – The West African Development Bank (WADB) is to invest 280 billion CFAF in Mali, the WADB governor, Christian Adovelandé, said on Tuesday. Full text...

  • Rwanda: Tuesday's forex rates in Rwanda
    25 november 2014 20:02:28
    Kigali, Rwanda (PANA) - The following are Tuesday's exchange rates for the Rwandan Franc as issued by the National Bank of Rwanda. Full text...

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