Economy -
  • Latest forex rates in Tanzania
    17 february 2011 12:41:41
    Dar es Salaam, Tanzania (PANA) - Following are Thursday's exchange rates for the Tanzanian shilling, as issued Thursday by the Bank of Tanzania: Full text...

  • Thursday’s forex for Mauritanian Ouguiya
    17 february 2011 12:13:00
    Nouakchott, Mauritania (PANA) - Following are the latest exchange rates for the Mauritanian Ouguiya, as published by the nation’s central bank. Full text...

  • Manufacturing group laments loss of 1.9m jobs in Nigeria
    17 february 2011 12:00:11
    Lagos, Nigeria (PANA) - The umbrella Manufacturers' Association of Nigeria (MAN) said the country lost about 1.9 million jobs in the manufacturing sector between 2002 and 2009 due to the harsh operating environment in the country. Full text...

  • Thursday’s forex for Rwandan franc
    17 february 2011 11:52:46
    Kigali, Rwanda (PANA) - Following are the latest exchange rates for the Rwandan franc, as published by the Bank of Kigali (BK) Thursday. Full text...

  • Society General suspends activities in Cote d'Ivoire
    17 february 2011 11:29:15
    Abidjan, Cote d'Ivoire (PANA) - Société Générale de Banques in Côte d'Ivoire (SGBCI), a subsidiary of the French bank Societe Generale, Thursday suspended its activities in Cote d'Ivoire, in the wake of the country's post-electoral crisis. Full text...

  • Thursday’s forex for Comoran franc
    17 february 2011 11:03:44
    Moroni, Comoros (PANA) – Following are the latest exchange rates for the Comoran franc, as published here Thursday by the federal commercial bank. Full text...

  • Nigeria to get commercial courts
    17 february 2011 10:24:19
    Lagos, Nigeria(PANA) - The apex Central Bank of Nigeria (CBN) has sent a bill for the establishment of Commercial Courts to the National Assembly (parliament) as a prelude to the setting up of such courts. Full text...

  • Latest forex for CFA franc
    17 february 2011 09:29:31
    Libreville, Gabon (PANA) - Here are Thursday's exchange rates for the CFA franc issued by the Bank of Central African States (BEAC), according to the financial institution. Full text...

  • Thursday's forex for Mauritian rupee
    17 february 2011 09:27:35
    Port-Louis. Mauritius (PANA) - Following are the latest exchange rates for the Mauritian rupee, as published here Thursday by the Mauritian central bank. Full text...

  • Remote trading on Nigerian bourse receives boost
    16 february 2011 20:53:27
    Lagos, Nigeria (PANA) - The Nigerian Stock Exchange(NSE) has said the use of Remote Trading by Dealing member firms has continued to grow in acceptance as there are 235 Remote Trading connections in the commercial city of Lagos alone besides those in other branches across the country, according to a statement on Wednesday from the exchange. Full text...

  • Latest forex for Libyan dinar
    16 february 2011 13:05:46
    Tripoli, Libya (PANA) - Here are the latest exchange rates for the Libyan dinar, as published Wednesday by the Libyan central bank (BCL). Full text...

  • Latest exchange rates for Ghana cedi
    16 february 2011 12:24:33
    Accra, Ghana (PANA) - Following are the latest exchange rates for Ghana's cedi, as issued by the Ghana Association of Bankers on Wednesday. Full text...

  • Wednesday’s forex for Mauritian rupee
    16 february 2011 11:15:45
    Port-Louis, Mauritius (PANA) - Following are the latest exchange rates for the Mauritian rupee, as published here Wednesday by the Mauritian central bank. Full text...

  • Latest exchange rates for CFA Franc
    16 february 2011 10:33:26
    Libreville, Gabon (PANA) - Following are the exchange rates for the CFA franc issued by Full text...

  • RAM to operate maiden Casablanca-Moscow link in March
    15 february 2011 22:43:06
    Rabat, Morocco (PANA) - Royal Air Morocco (RAM) will operate its maiden direct air link between Morocco and Russia on 15 March, the Moroccan airline announced on Tuesday. Full text...

  • Niger calls for strong national energy policy
    15 february 2011 22:38:00
    Niamey, Niger (PANA) - Prime Minister of Niger, Mahamadou Danda, on Tuesday expressed the wish for his country to have an energy policy to ensure its independence in this field. Full text...

  • Ghanaian banker says housing market in Africa growing
    15 february 2011 20:54:35
    Accra, Ghana (PANA) - A senior Ghanaian banker said on Tuesday that the housing market in Africa was growing and gradually becoming a major driver of economic growth. Full text...

  • Exchange rates for Ghana's cedi
    15 february 2011 20:31:14
    Accra, Ghana (PANA) – The following are the exchange rates for Ghana's cedi as issued by the Bank of Ghana for Tuesday, February 15. Full text...

  • 2 die in DRC air crash
    15 february 2011 18:39:42
    Kinshasa, DR Congo (PANA) - A Let 410 aircraft, belonging to the African Air Service company, crashed Monday on Mont Biega, in Eastern Democratic Republic of Congo (DRC), killing the Russian-born pilot and his Congolese co-pilot, PANA learnt here Tuesday. Full text...

  • Libya hosts customs officials from AMU countries
    15 february 2011 18:21:46
    Tripoli, Libya (PANA) - A two-day regular meeting of directors of customs in the Arab Maghreb Union (AMU) countries began Tuesday in Tripoli, the capital of Libya, to examine the draft unified customs tariffs in the sub-region. Full text...

  • Bamako's 11th international forum begins Thursday
    15 february 2011 16:15:46
    Bamako, Mali (PANA) - The 11th international forum of Bamako will start Thursday, bringing together intellectuals, business leaders, African and foreign political leaders, to exchange ideas on development issues and prospects in Africa. Full text...

  • Moroccan bank opens operations in Mauritania
    15 february 2011 13:40:41
    Nouakchott, Mauritania (PANA) - The Moroccan international banking group, Attijariwafa, Monday commenced operations in Mauritania, after buying out a local subsidiary of the French group, BNP- Parisbas. Full text...

  • EAC, World Bank sign financial services market pact
    15 february 2011 13:36:11
    Dar es Salaam, Tanzania (PANA) - The East African Community (EAC) and the World Bank have signed a US$16 million grant agreement to support the community's efforts towards building a single financial services market for the region. Full text...

  • Angola telecoms firm signs data roaming deal with French company
    15 february 2011 12:50:50
    Luanda, Angola (PANA) - Angola's privately-owned mobile phone company, UNITEL, has signed Full text...

  • Tuesday's forex for Libyan dinar
    15 february 2011 12:32:06
    Tripoli, Libya (PANA) - Here are Tuesday's exchange rates for the Libyan dinar, according to the the central bank of Libya (BCL). Full text...

  • Tuesday's exchange rates for Mauritanian Ouguiya
    15 february 2011 12:21:09
    Nouakchott, Mauritania (PANA) - Following are Tuesday’s exchange rates for the Mauritanian Ouguiya, as issued by the central bank of Mauritania (BCM). Full text...

  • Finnish trade delegation visits Angola
    15 february 2011 12:14:43
    Luanda, Angola (PANA) - A trade delegation from Finland was due to arrive in Angola Tuesday on a three-day visit aimed at strengthening the commercial relations between the two countries. Full text...

  • Latest forex for Rwandan franc
    15 february 2011 10:43:20
    Kigali, Rwanda (PANA) - Here are Tuesday's exchange rates for the Rwandan franc, as issued in Kigali by the Central Bank of Rwanda (BNR). Full text...

  • Union's protest paralyses Nigerian bank
    15 february 2011 10:28:25
    Lagos, Nigeria (PANA) - Business activities in Union Bank, one of Nigeria's oldest banks, were paralysed Monday when the umbrella Nigerian Labour Congress (NLC) besieged the bank's offices across the nation to protest alleged management's insensitivity to workers' welfare. Full text...

  • Latest forex for Mauritian rupee
    15 february 2011 10:09:30
    Port-Louis, Mauritius (PANA) - Following are the latest exchange rates for the Mauritian rupee, as issued here Tuesday. Full text...

  • SA considering R2 billion loan for Zim
    15 february 2011 09:11:14
    Harare, Zimbabwe (PANA) - South Africa is considering a R2 billion (US$274 million) loan for Zimbabwe to help the country revive its economy, a top business leader has said. Full text...

  • Zim shoe maker wins big export contract
    15 february 2011 09:02:04
    Harare, Zimbabwe (PANA) - Zimbabwe's biggest shoe maker said Tuesday it had won a contract to supply two million school shoes to Malawi, South Africa and Zambia. Full text...

  • Ghana daily minimum wage up 20%
    15 february 2011 08:15:56
    Accra, Ghana (PANA) - The daily minimum wage in Ghana has gone up by 20 per cent to GH¢3.73 from GH¢3.11, the National Tripartite Committee made up of the government, labour and employers announced on Monday (GH¢1.50 = US$1) Full text...

  • Latest forex rates in Tanzania
    15 february 2011 08:00:00
    Dar es Salaam, Tanzania (PANA) - The Bank of Tanzania Tuesday issued the following exchange rates of the Tanzanian shilling. Full text...

  • Monday's forex in Central Africa
    14 february 2011 18:01:22
    Libreville, Gabon (PANA) - The Canadian dollar appreciated Monday against the CFA franc of the Bank of Central African States (BEAC), according to the latest exchange rate of the day issued in Libreville, the capital of Gabon. Full text...

  • Ivorian crisis: Int'l Trade bank suspends activities
    14 february 2011 17:06:31
    Abidjan, Cote d'Ivoire (PANA) - The International Bank for Trade and Industry in Côte d'Ivoire (BICICI), a subsidiary of BNP Paribas, Monday suspended its activities in the troubled West African nation, citing security concerns. Full text...

  • Foreign exchange rates in Rwanda
    14 february 2011 14:11:47
    Kigali, Rwanda (PANA) - Following are the exchange rates of some foreign currencies against the Rwandan franc, published by the central bank in Kigali on Monday. Full text...

  • Monday’s forex for Mauritanian Ouguiya
    14 february 2011 13:11:31
    Nouakchott, Mauritania (PANA) – Following are the Monday’s exchanges rates for Mauritanian Ouguiya as published by the nation’s central bank. Full text...

  • Monday’s forex for Comoran franc
    14 february 2011 11:49:32
    Moroni, Comoros (PANA) - Following are Monday’s exchange rates for the Comoran franc, as published by the federal commercial bank here. Full text...

  • Nigeria’s apex bank chief optimistic on regional single currency by 2015
    14 february 2011 10:50:38
    Lagos, Nigeria (PANA) - Nigeria’s apex bank Governor Sanusi Lamido has expressed confidence that the 15-member Economic Community of West African States (ECOWAS) will achieve its objective of a single currency by 2015. Full text...

  • Monday’s forex for Mauritian rupee
    14 february 2011 09:41:58
    Port-Louis, Mauritius (PANA) - Following are Monday's exchange rates for the Mauritian rupee, as published here by the Mauritian commercial bank. Full text...

  • Latest forex in Tanzania
    14 february 2011 08:35:08
    Dar es Salaam, Tanzania (PANA) - Following are the latest exchange rates for the Tanzanian shilling, as issued Monday by the Bank of Tanzania. Full text...

  • Nigerian bourse ends week low
    13 february 2011 17:32:57
    Lagos, Nigeria (PANA) - Trading on the floor of the Nigerian Stock Exchange (NSE) recorded a turnover of 1.31 billion shares, worth 12.21 billion naira in 30,012 deals at the close of trading this week, in contrast to a total of 1.76 billion shares valued at 19.43 billion naira exchanged last week in 31,386 deals. Full text...

  • Mauritanian quguiya’s foreign exchange
    13 february 2011 11:58:53
    Nouakchott, Mauritania (PANA) – Following are the Sunday’s exchange rates for Mauritanian Ouguiya against some major foreign currencies as published by the nation’s central bank. Full text...

  • Weekly balance sheet at the Libyan bourse
    12 february 2011 18:45:44
    Benghazi, Libya (PANA) – The market value of shares of companies quoted at the Libyan Bourse this past week reached 3,972,663,378 Libyan dinars, according to weekly bulletin of the Libyan financial market. Full text...

  • Senegal and Russia discuss nuclear energy
    11 february 2011 22:21:08
    Dakar, Senegal (PANA) – Senegal and Russia are considering signing a memorandum setting out the framework of cooperation in the area of nuclear energy, according to a communiqué from the Senegalese ministry of Foreign Affairs. Full text...

  • Mauritania wants to establish a Deposit and Development Office
    11 february 2011 22:03:45
    Nouakchott, Mauritania (PANA) – The Mauritanian government has adopted a draft law on the creation of a public establishment called Deposit and Development Office (CDD), according to a communiqué of the Council of Ministers. Full text...

  • BCEAO warns against transactions with its agencies in Côte d'Ivoire
    11 february 2011 21:26:51
    Dakar, Senegal (PANA) – The interim governor of the Central Bank of West African States (BCEAO), Jean-Baptiste Compaoré, has warned against transactions with its agencies in Côte d'Ivoire that have been closed down. Full text...

  • Christian Adovèlandé officially named president of BOAD
    11 february 2011 20:55:50
    Cotonou, Benin (PANA) – The president of the Bank of Investment and Development of the Economic Community of West African States, Christian Adovèlandé, has officially been named the new president of the West African Development Bank (BOAD). Full text...

  • Latest exchange rates in Ghana
    11 february 2011 19:22:15
    Accra, Ghana (PANA) - Following are the latest exchange rates for Ghana's cedi, as issued by the Ghana Association of Bankers on Friday. Full text...

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