Economy -
  • Friday's exchange rates in Zambia
    19 april 2013 11:52:33
    Lusaka, Zambia (PANA) - Following are Friday's exchange rates for the Zambian kwacha: Full text...

  • Friday's forex rates for Central African CFA
    19 april 2013 11:49:06
    Libreville, Gabon (PANA) - Following are Friday's exchange rates for the CFA issued by the Bank of Central African States (BEAC): Full text...

  • Tanzania's forex rates Friday
    19 april 2013 08:38:44
    Dar es Salaam, Tanzania (PANA) - Following are Friday's exchange rates for the Tanzanian shilling: Full text...

  • Thursday's foreign exchange rates in Nigeria
    18 april 2013 20:13:59
    Lagos, Nigeria (PANA) - Following are the latest exchange rates for the Nigerian currency, the Naira: Full text...

  • Ethiopian Prime minister, French businessmen meet Friday in Paris
    18 april 2013 18:35:21
    Paris, France (PANA) – A group of French businessmen, under the umbrella movement of French companies (Medef-International), will Friday in Paris meet with the Ethiopian Prime Minister, Hailemariam Dessalegn, who is currently on a visit to France. Full text...

  • Gambia ratifies aviation agreements with Kenya, Saudi Arabia
    18 april 2013 17:29:05
    Dakar, Senegal (PANA) – The Gambian Parliament Wednesday ratified two bilateral aviation agreements -- one with Kenya and the other with Saudi Arabia. Full text...

  • Brazzaville, EDF sign agreement to improve electricity supply in Congo
    18 april 2013 14:07:24
    Brazzaville, Congo (PANA) - The Congolese government and the French company, Energie de France (EDF), have signed an agreement under which Congo will adequately tackle its energy challenges, according to an official statement released here Thursday. Full text...

  • Forex rates for Rwandan franc Thursday
    18 april 2013 12:59:24
    Kigali, Rwanda (PANA) – Following are Thursday's foreign exchange rates for the Rwandan franc: Full text...

  • Thursday's forex rates in Zambia
    18 april 2013 12:56:37
    Lusaka, Zambia (PANA) – Following are the latest foreign exchange rates for the Zambian kwacha this Thursday: Full text...

  • Thursday’s forex rates for Mauritanian Ouguiya
    18 april 2013 12:53:32
    Nouakchott, Mauritania (PANA) – Following are Thursday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Thursday’s forex rates for Mauritian rupee
    18 april 2013 12:50:44
    Port-Louis, Mauritius (PANA) – Following are Thursday's foreign exchange rates for the Mauritian rupee: Full text...

  • RwandAir Express acquires new Boeing 737-700
    18 april 2013 11:23:32
    Kigali, Rwanda (PANA) - RwandAir, the national carrier of the Republic of Rwanda, has acquired a new generation Boeing 737-700, with capacity for 120 passengers, PANA learnt Thursday from aviation sources in Kigali, the capital. Full text...

  • Thursday’s forex rates for Central African CFA
    18 april 2013 11:17:28
    Libreville, Gabon (PANA) – Following are Thursday's foreign exchange rates for the CFA in Central Africa: Full text...

  • Tanzania's forex rates Thursday
    18 april 2013 07:37:21
    Dar es Salaam, Tanzania (PANA) - Following are Thursday's foreign exchange rates for the Tanzanian shilling: Full text...

  • 'Nigeria lost US$ 1.23 billion to oil theft in first quarter of 2013'
    18 april 2013 07:21:25
    Lagos, Nigeria (PANA) - Nigeria lost 191 billion Naira (about US$ 1.23 billion) to oil theft and vandalism in the first quarter of 2013 as crude oil theft continued to threaten the country’s revenue base, the local PUNCH newspaper reported Thursday. Full text...

  • Forex rates in Nigeria Wednesday
    17 april 2013 20:39:01
    Lagos, Nigeria (PANA) - Here are Wednesday's foreign exchange rates for the Nigerian currency, the Naira: Full text...

  • Survey says high transport costs negatively affecting Africa's exports
    17 april 2013 20:30:13
    Paris, France (PANA) – Transport cost constitutes between 30% and 50% of the value of African exports and this is negatively affecting their competitiveness on the local and international markets, says an international survey released on Wednesday in Paris. Full text...

  • Wednesday's forex rates in Rwanda
    17 april 2013 19:33:19
    Kigali, Rwanda (PANA) – Here are Wednesday's foreign exchange rates for the Rwandan franc: Full text...

  • Wednesday's forex rates in The Gambia
    17 april 2013 13:57:25
    Dakar, Senegal (PANA) - Following are Wednesday's foreign exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Wednesday's exchange rates for Mauritanian Ouguiya
    17 april 2013 12:23:05
    Nouakchott, Mauritania (PANA) - Following are Wednesday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Tuesday’s forex rates for Mauritian rupee
    17 april 2013 12:21:58
    Port-Louis, Mauritius (PANA) - Following are Wednesday's exchange rates for the Mauritian rupee: Full text...

  • Kenya mobile telecoms data drives 3G expansion
    17 april 2013 12:01:23
    Addis Ababa, Ethiopia (PANA) - Kenya’s telecommunications market is one of the most dynamic in sub-Saharan Africa and, with the successful mobile money applications and the deployment of LTE (long-term evolution) in 2013, the East African country is a critical regional market for investors, operators and vendors, according to a new report from Pyramid Research (PR). Full text...

  • Nigeria gives foreign airlines 2 weeks to comply with revenue automation
    17 april 2013 11:58:25
    Lagos, Nigeria (PANA) - The regulatory Nigerian Civil Aviation Authority (NCAA) has issued a two-week ultimatum to foreign airlines to comply with the agency's revenue automation or face sanctions. Full text...

  • BADEA grants Cameroon US$7.5m loan to build school
    17 april 2013 11:35:09
    Yaounde, Cameroon (PANA) - The Arab Bank for Economic Development in Africa (BADEA) has granted a loan of US$7.5 million to Cameroon to construct and equip a Technical Secondary School at Ombe. Full text...

  • Angola to quintuple power production by 2017
    17 april 2013 11:28:04
    Luanda, Angola (PANA) - The Angolan government will invest 1.7 billion Kwanza to quintuple power production capacity in the country by 2017, according to the Minister of Energy and Water, Mr. João Baptista Borges. Full text...

  • Cote d'Ivoire, BADEA sign US$12m loan pact
    17 april 2013 11:26:41
    Abidjan, Côte d'Ivoire (PANA) - Cote d'Ivoire and the Arab Bank for Economic Development in Africa (BADEA) have signed a pact for a loan of US$12 million to the West African nation to finance a road project. Full text...

  • Partners pledge US$300m more support for South Sudan
    17 april 2013 10:20:08
    Washington, DC, US (PANA) - South Sudan's international partners have indicated they could raise their contributions to the country by US$300 million over the approximately US$1.3 billion which they gave to the African nation this year. Full text...

  • Minister vows to end corruption in Nigeria's power sector
    17 april 2013 09:42:24
    Lagos, Nigeria (PANA) - Nigeria's Minister of Power Chinedu Nebo has warned that the era of fraud in any form in the nation’s power sector is over. Full text...

  • Tuesday's foreign exchange rates for Nigerian Naira
    16 april 2013 20:13:27
    Lagos, Nigeria (PANA) - Following are Tuesday's foreign exchange rates for the Nigerian currency, the Naira: Full text...

  • Tuesday's forex rates in Rwanda
    16 april 2013 19:10:18
    Kigali, Rwanda (PANA) – Here are Tuesday's foreign exchange rates for the Rwandan Franc: Full text...

  • IOC moves to ensure effective fisheries surveillance in Africa
    16 april 2013 17:57:14
    Ebène, Mauritius (PANA) - The Indian Ocean Commission (IOC) Tuesday made available a little over 1 million Euros, through the Smartfish Programme, to reinforce the existing efforts in joint fisheries surveillance in the Indian Ocean and Lake Victoria in Africa, PANA reported from here. Full text...

  • Botswana’s inflation rises to 7.6%
    16 april 2013 14:48:21
    Gaborone, Botswana (PANA) - Botswana’s inflationary pressures continue to build up in the economy as reflected by the March inflation rate which rose to 7.6% year-on-year from 7.5% in February, according to data released by Statistics Botswana (SB). Full text...

  • AfDB counsels Nigeria on economic development
    16 april 2013 13:16:43
    Lagos, Nigeria (PANA) - The African Development Bank (AfDB) has urged Nigeria to re-evaluate its development strategy in order to achieve inclusive growth that will impact positively on the majority of the people. Full text...

  • Tuesday’s exchange rates for Mauritanian Ouguiya
    16 april 2013 13:09:27
    Nouakchott, Mauritania (PANA) - Following are Tuesday’s exchange rates for the Mauritanian Ouguiya: Full text...

  • Tuesday's exchange rates in Zambia
    16 april 2013 12:48:14
    Lusaka, Zambia (PANA) - Following are Tuesday's exchange rates for the Zambian kwacha: Full text...

  • Tuesday’s forex rates for Mauritian rupee
    16 april 2013 11:24:11
    Port-Louis, Mauritius (PANA) - Following are Tuesday's exchange rates for the Mauritian rupee: Full text...

  • Tuesday's forex rates for Central African CFA
    16 april 2013 11:22:59
    Libreville, Gabon (PANA) - Following are Tuesday's exchange rates for the CFA francs issued by the Bank of Central African States (BEAC): Full text...

  • Tanzania's forex rates Tuesday
    16 april 2013 07:55:52
    Dar es Salaam, Tanzania (PANA) - Following are Tuesday's exchange rates for the Tanzanian shilling: Full text...

  • Gambia annouces 25-percent tariff increase for ferry services
    15 april 2013 19:09:51
    Dakar, Senegal (PANA) – The Gambia has announced a 25-percent tariff increase for the West African country's ferry services which will take affect from 1 May, PANA reported Monday. Full text...

  • Monday's forex rates in Zambia
    15 april 2013 13:29:17
    Lusaka, Zambia (PANA) – Following are Monday's foreign exchange rates for the Zambian Kwacha: Full text...

  • Monday's forex rates for Gambian currency
    15 april 2013 13:02:40
    Dakar, Senegal (PANA) - Following are Monday's forex rates for the Gambian currency, the Dalasis (D): Full text...

  • Nigeria’s telecom regulatory agency to boost sector
    15 april 2013 12:08:52
    Lagos, Nigeria (PANA) - The regulatory Nigerian Communications Commission (NCC) has outlined a five-year Strategic Master Plan (SMP) that will boost the level of investments in the country’s telecommunications sector, media reports said Monday. Full text...

  • Monday’s forex rates for Mauritanian Ouguiya
    15 april 2013 11:35:52
    Nouakchott, Mauritania (PANA) - Following are Monday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Monday’s forex rates for Mauritian rupee
    15 april 2013 11:12:32
    Port Louis, Mauritius (PANA) - Following are Monday's exchange rates for the Mauritian rupee: Full text...

  • Monday’s forex rates for Central African CFA
    15 april 2013 11:10:52
    Libreville, Gabon (PANA) - Following are Monday's exchange rates for the CFA issued by the Bank of Central African States (BEAC): Full text...

  • West Africa Gas Pipeline firm to resume gas supply to Ghana, others (corrected)
    15 april 2013 08:40:27
    Lagos, Nigeria (PANA) - The West Africa Gas Pipeline Company (WAGPCO) is billed to resume gas flow through its pipeline on 30 April, 2013, when the repair of its damaged pipeline is expected to have been completed, the company said. Full text...

  • Tanzania's forex rates Monday
    15 april 2013 06:23:06
    Dar es Salaam, Tanzania (PANA) - Following are Monday's exchange rates for the Tanzanian shilling: Full text...

  • Nigeria's opposition warns against rising oil theft
    14 april 2013 13:29:08
    Lagos, Nigeria (PANA) - The main opposition Action Congress of Nigeria (ACN) has warned that Full text...

  • IMF resumes relations with Somalia after 22-year break
    13 april 2013 16:53:06
    New York, US (PANA) - The International Monetary Fund (IMF) has resumed relations with Somalia after a 22-year interval following the prolonged civil war in the Horn of Africa country. Full text...

  • Friday's foreign exchange rates for CFAF
    12 april 2013 20:49:59
    Libreville, Gabon (PANA) – The following are the exchange rates for the FCFA compared to other currencies across the globe, according to the Bank of Central African States (BEAC) in Libreville, Gabon. Full text...

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