Economy -
  • Friday's exchange rates for the Mauritian rupee
    08 april 2011 11:39:56
    Port-Louis, Mauritius (PANA) - Here are the latest exchange rates for the Mauritian rupee, as published here Friday by the Mauritian commercial bank. Full text...

  • Latest forex rates for CFA franc
    08 april 2011 11:32:53
    Libreville, Gabon (PANA) - Following are the latest exchange rates for the CFA franc issued by the Bank of Central African States (BEAC), as published here Friday by the financial institution: Full text...

  • Latest forex rates for Comoran franc
    08 april 2011 11:30:37
    Moroni, Comoros (PANA) - Following are the latest exchange rates for the Comoran franc, as published here Friday by the federal commercial bank: Full text...

  • Angolan municipality reconnected to DRC Inga hydroelectric power
    07 april 2011 22:09:21
    Kinshasa, DR Congo (PANA) - The Angolan municipality of Noqui has been reconnected to the hydroelectric power at Inga in the Democratic Republic of Congo (DRC) after more than a month of disconnection due to non-payment of debts. Full text...

  • Mutharika promises rights, freedom as he signs US$ 350m US energy pact
    07 april 2011 20:28:06
    Blantyre, Malawi (PANA) - Malawi President Bingu wa Mutharika, currently under fire from both local and international rights group, as well as western capitals over concerns on deteriorating human rights situation in Malawi, Thursday said his administration would uphold, promote and guarantee freedom and human rights, including freedom of expression and academic freedom. Full text...

  • Egyptian bourse ends week low
    07 april 2011 20:04:04
    Cairo, Egypt (PANA) - Egyptian stocks ended the week Thursday with all three major indices finishing in the red. Full text...

  • Casablanca Stock Exchange closed up Thursday
    07 april 2011 17:53:32
    Rabat, Morocco (PANA) - The Casablanca Stock Exchange closed high Thursday, with an increase of its two main indexes, Masi (Moroccan All Shares Index) and Madex (Moroccan Most Active Shares Index) from 1.42 per cent to 12,174.22 points and from 1.42 per cent to 9,945.34 points respectively. Full text...

  • Gambia, UAE sign million-dollar agreement
    07 april 2011 16:14:40
    Dakar, Senegal (PANA) - The governments of the Gambia and the United Arab Emirates (UAE) have signed a loan agreement, to the tune of Dirhams 36.7 million, to finance a road construction project in the West African nation, PANA reported from here Thursday. Full text...

  • Latest exchange rates in Nigeria
    07 april 2011 14:37:29
    Lagos,Nigeria(PANA) - Following are the exchange rates for the Nigeian currency, the Naira, Full text...

  • WB gives Togo US$ 13m to develop private sector
    07 april 2011 13:30:08
    Lome, Togo (PANA) - Togo has received US$ 13 million (about 6.5 billion francs CFA) from the World Bank (WB) to improve the investment climate and the performance of small businesses with a view to promoting the Private Sector Development, the Breton Woods institutions said in a statement, made available to PANA, Thursday. Full text...

  • Thursday's forex in Ghana
    07 april 2011 13:21:52
    Accra, Ghana (PANA) - The following are the exchange rates of Ghana's cedi against major international currencies as released by the Ghana Association of Bankers on Thursday. Full text...

  • Nigeria's Insurance sector loses 200b naira to financial crisis
    07 april 2011 12:51:14
    Lagos, Nigeria (PANA) - The Nigerian Insurance sector may have lost about 200 billion naira as a result of the recent global financial meltdown, thereby eroding shareholders fund and preventing the expansion of the underwriting firms, the private Guardian newspaper reported Thursday (US$1=150 naira). Full text...

  • Latest forex rates for Mauritanian Ouguiya
    07 april 2011 11:25:54
    Nouakchott, Mauritania (PANA) - Following are the latest exchange rates for the Mauritanian Ouguiya, as published here Thursday by the nation’s central bank: Full text...

  • Moroccan firm to exploit gold in Gabon
    07 april 2011 10:29:31
    Libreville, Gabon (PANA) - The Moroccan company Managem will start exploiting the gold mine in Bakoudou, South-east of Gabon, from July, the Gabonese state-run radio reported Thursday. Full text...

  • Thursday’s forex rates for Mauritian rupee
    07 april 2011 10:16:58
    Port-Louis, Mauritius (PANA) - Following are Thursday's exchange rates for the Mauritian rupee, as published here by the Mauritian commercial bank: Full text...

  • Latest forex rates in Comoros
    07 april 2011 10:15:13
    Moroni, Comoros (PANA) - Here are Thursday's exchange rates for the Comoran franc, as published by the Federal Reserve Bank of Commerce in Moroni: Full text...

  • Latest forex rates in Gabon
    07 april 2011 10:11:45
    Libreville, Gabon (PANA) - Following are Thursday's exchange rates for the CFA franc issued by the Bank of Central African States (BEAC), according to the financial institution based in Libreville, Gabon. Full text...

  • Millennium Challenge Corporation signs US$350m Compact with Malawi
    07 april 2011 09:50:03
    Lagos, Nigeria (PANA) - The Millennium Challenge Corporation (MCC), an innovative and independent U.S. foreign aid agency that is helping lead the fight against global poverty, was billed to sign a US$350 million, five-year Compact with the Government of Malawi to invigorate the country's power sector, spur private investment and promote long term sustainable economic growth. Full text...

  • Egyptian stocks slightly up Wednesday
    06 april 2011 17:48:17
    Cairo, Egypt (PANA) - Egyptian stocks closed slightly up on Wednesday with all three major indices finishing in the green. Full text...

  • Belgian Airline suspends flights to Abidjan
    06 april 2011 14:28:29
    Brussels, Belgium (PANA) - The Belgian airline, Brussels Air, has suspended its flights to Abidjan for at least a week, said a statement by the company, made available to the media on Wednesday in Brussels. Full text...

  • Mali's economy grew by 5.8% in 2010
    06 april 2011 14:21:07
    Bamako, Mali (PANA) – Mali's economic growth rate reached 5.8 percent in 2010, thanks to a good agricultural campaign that contributed in keeping inflation down at 1.4 percent, the IMF said in a communiqué issued in Bamako, the capital, at the end of an 11-day working visit to Mali by its team. Full text...

  • Exchange rates of Ghana's cedi.
    06 april 2011 12:28:16
    Accra, Ghana (PANA) - The following are the exchange rates for Ghana's cedi, as released by the Ghana Association of Bankers on Wednesday. Full text...

  • Latest forex rates for Mauritanian Ouguiya
    06 april 2011 12:18:49
    Nouakchott, Mauritania (PANA) - Following are the latest exchange rates for the Mauritanian Ouguiya, as published here Wednesday by the nation’s central bank: Full text...

  • Latest exchange rates in Zambia
    06 april 2011 12:08:22
    Lusaka, Zambia (PANA) - Following are the latest exchange rates for the Zambian kwacha, as released by the Bank of Zambia Wednesday. Full text...

  • Latest forex rates for Mauritian rupee
    06 april 2011 10:52:07
    Port-Louis, Mauritius (PANA) - Here are the latest exchange rates for the Mauritian rupee, as published here Wednesday by the Mauritian commercial bank. Full text...

  • Latest forex rates for CFA franc
    06 april 2011 09:33:37
    Libreville, Gabon (PANA) - Following are the latest exchange rates for CFA franc issued by the Bank of Central African States (BEAC), as published here Wednesday by the financial institution: Full text...

  • Latest forex in Nigeria
    05 april 2011 20:46:55
    Lagos, Nigeria (PANA) - Following are the latest exchange rates for the Nigerian currency, the naira, against other major foreign currencies, as released by the Central Bank of Nigeria (CBN). Full text...

  • Latest exchange rates in Mauritania
    05 april 2011 19:24:52
    Nouakchott, Mauritania (PANA) - Following are the exchange rates of major foreign currencies against the Mauritanian Ouguiya, published Tuesday by the Central Bank of Mauritania (BCM). Full text...

  • Gabon to expel foreigners involved in oil sector strike
    05 april 2011 15:33:38
    Libreville, Gabon (PANA) – All foreigners involved in the Gabonese oil sector strike will be expelled from the country, according to an agreement signed between the National Oil Employees Organisation (ONEP) and the Gabonese government. Full text...

  • Egyptian stocks end Tuesday mixed
    05 april 2011 14:39:30
    Cairo, Egypt (PANA) - Egyptian stocks ended on mixed note Tuesday with the heavyweight index down, but the small and medium cap and the price weighted indices up. Full text...

  • Egyptian finance minister says budget deficit to widen
    05 april 2011 14:28:56
    Cairo, Egypt ( PANA) - Egypt's finance minister, Dr. Samir Radwan, said on Monday he expected the budget deficit to widen from 8.5% to 9.5% of the Gross Domestic Product this year. Full text...

  • Latest forex rates in Ghana
    05 april 2011 13:15:04
    Accra, Ghana (PANA) - The following are the exchange rates for Ghana's cedi, as released by the Ghana Association of Bankers on Tuesday. Full text...

  • Latest exchange rates in Zambia
    05 april 2011 11:45:34
    Lusaka, Zambia (PANA) - Following are the latest exchange rates for the Zambian kwacha, as released by the Bank of Zambia Tuesday. Full text...

  • Latest forex rates for Comoran franc
    05 april 2011 10:54:57
    Moroni, Comoros (PANA) - Here are the latest exchange rates for the Comoran franc, as issued in Moroni Tuesday by the Federal Reserve Bank. Full text...

  • Tuesday's forex rates for CFA Franc
    05 april 2011 10:50:09
    Libreville, Gabon (PANA) - Following are Tuesday's exchange rates for the CFA franc issued by the Bank of Central African States (BEAC), according to the financial institution in Libreville, Gabon. Full text...

  • Latest forex rates in Tanzania
    05 april 2011 09:41:08
    Dar es Salaam, Tanzania (PANA) - Following are Tuesday's exchange rates for the Tanzanian shilling, as issued by the Bank of Tanzania: Full text...

  • US condoles with UN over DR Congo plane crash
    05 april 2011 08:48:33
    Washington, DC, US (PANA) - The US has condoled with the UN over Monday's crash of its plane in the Democratic Republic of Congo. Full text...

  • World Bank, EU to support Malawi’s mining sector
    04 april 2011 21:22:31
    Blantyre, Malawi (PANA) - Malawi’s nascent mining sector has received a huge boost through a US$30.66 million Mining Governance and Growth Support Project that would be co-financed by the World Bank and the European Union. Full text...

  • Nigerian bourse's new boss resumes duty
    04 april 2011 21:00:24
    Lagos, Nigeria (PANA) - The new Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE), Oscar Onyema, assumed duty on Monday, becoming the fourth occupant of the post in the history of NSE, and promised to make the bourse attain global market standard. Full text...

  • Egypt to increase minimum wage of public sector workers
    04 april 2011 19:16:07
    Cairo, Egypt (PANA) - The Egyptian government on Monday said it would soon declare minimum wage limits for the public sector. Full text...

  • Burundi to tap nickel deposits by 2017
    04 april 2011 18:38:53
    Bujumbura, Burundi (PANA) - Feasibility studies are sufficiently advanced for the tapping of nickel deposits in Burundi by 2017, the country’s Minister of Energy and Mines, Moïse Bucumi, said. Full text...

  • Good run of Egyptian stocks broken
    04 april 2011 15:05:08
    Cairo, Egypt (PANA) - The recent good run of Egyptian stocks was broken Monday, the second day of trading for the week, as all three major indices closed in the red. Full text...

  • Monday's exchange rates for Ghana's cedi
    04 april 2011 14:28:29
    Accra, Ghana (PANA) - The following are the exchange rates for Ghana's cedi, as released by the Ghana Association of Bankers on Monday. Full text...

  • Latest forex rates in Mauritania
    04 april 2011 12:43:42
    Nouakchott, Mauritania (PANA) - Following are Monday's exchange rates for the Mauritanian Ouguiya, as issued by the Central Bank of Mauritania. Full text...

  • Wade promises gradual improvement in electricity supply
    04 april 2011 12:41:28
    Dakar, Senegal (PANA) - President Abdoulaye Wade of Senegal has promised a gradual improvement in electricity supply in his country, with the commissioning at the end of the month two power plants, to generate 50 megawatts, and another with a capacity to generate 100MW in August. Full text...

  • Latest forex rates for CFA franc
    04 april 2011 11:29:18
    Libreville, Gabon (PANA) - Following are the latest exchange rates for the CFA franc issued by the Bank of East African states (BEAC), as released by the institution in Libreville, the Gabonese capital, Monday. Full text...

  • Latest forex rates in Tanzania
    04 april 2011 10:01:16
    Dar es Salaam, Tanzania (PANA) - Following are Monday's exchange rates for the Tanzanian shilling, as issued by the Bank of Tanzania: Full text...

  • Second Zim platinum mine opens
    04 april 2011 08:52:57
    Harare, Zimbabwe (PANA) - Zimbabwe's second platinum mine, a 4.5-billion-rand investment by South Africa's Anglo-American Corporation, has opened, officials said Monday (US$1=6.7 rand). Full text...

  • Nigeria's aviation regulatory body acquires aircraft tracker
    04 april 2011 08:30:49
    Lagos, Nigeria (PANA) - The regulatory Nigerian Civil Aviation Authority (NCAA) has acquired an aircraft tracking system as part of efforts to ensure air safety in the country, the local media reported Monday, quoting the NCAA Director-General Harold Demuren. Full text...

  • Gabonese oilmen on strike
    03 april 2011 19:46:00
    Libreville, Gabon (PANA) - Gabon's National Organisation of Oil Employees (ONEP) Saturday went on strike to protest the massive employment of expatriate workers in the country. Full text...

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