Economy -
  • Nigeria: Monday's exchange rates for the Nigerian Naira
    31 march 2014 22:13:55
    Lagos, Nigeria (PANA) - The following are Monday's exchange rates for the Nigerian currency, the Naira, against other currencies, as released by the Central Bank of Nigeria (CBN). Full text...

  • Ghana: Monday's exchange rates for the Ghana cedi
    31 march 2014 20:19:11
    Accra, Ghana (PANA) – The following are Monday’s average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Mauritania: Orabank-Mauritania’s deposits rise by 32%
    31 march 2014 19:54:57
    Nouakchott, Mauritania (PANA) – Deposits by clients of Orabank-Mauritania rose above eight billion ouguiya, or about US$ 30 million in 2013. Full text...

  • Senegal: Dakar to host regional conference on safety and civil aviation in Africa
    31 march 2014 17:49:25
    Dakar, Senegal (PANA) - The Airports Council International for the Africa Region (ACI-Africa), in collaboration with the International Civil Aviation Organization (ICAO), will organize a regional conference on safety from 8 to 10 April in Dakar. Full text...

  • Nigeria: Nigeria’s finance minister seeks greater financial support for ACBF
    31 march 2014 16:14:36
    Lagos, Nigeria (PANA) – Nigeria’s Finance Minister, Dr. Ngozi Okonjo-Iweala, has canvassed for greater financial and political support from her counterparts across the continent, to enable the Harare-based African Capacity Building Foundation (ACBF) better perform its task of developing the continent’s human and institutional capacity. Full text...

  • Nigeria: Finance ministers pledge to promote Africa's industrialization
    31 march 2014 15:08:21
    Abuja, Nigeria (PANA ) - The African Ministers of Economy, Finance, Planning and Development rose from their seventh joint meeting in Abuja, Nigeria, pledging to create the enabling environment for the promotion of the industrialization of Africa. Full text...

  • Nigeria: Apex bank introduces e-referencing system
    31 march 2014 15:04:00
    Lagos, Nigeria (PANA) – Worried by the dwindling number of Nigerians operating bank account, due to a cumbersome referencing system required when opening new account, the Central Bank of Nigeria has introduced an electronic Referencing system (e-Referencing) that will quicken the process. Full text...

  • Ethiopia: EU denies losing African trade, investment battle
    31 march 2014 12:36:27
    Addis Ababa, Ethiopia (PANA) - The European Union (EU) has retained a substantial share of Africa's Foreign Direct Investment (FDI), contrary to claims that the region has lost its share to Africa's emerging partners. Full text...

  • Mauritania: Monday's forex rates for Ouguiya
    31 march 2014 10:26:03
    Nouakchott, Mauritania (PANA) - Following are Monday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Zambia: Monday’s exchange rates in Zambia
    31 march 2014 10:20:25
    Lusaka, Zambia (PANA) - Following are Monday's exchange rates for the Zambian kwacha: Full text...

  • Nigeria: France launches new youth employment-focused partnership with Africa
    30 march 2014 17:52:50
    Abuja, Nigeria (PANA) – France has launched an economic diplomatic initiative with African countries, aimed at combating youth unemployment through the creation of five million jobs yearly as recommended by the United Nations Economic Commission for Africa (UNECA). Full text...

  • Cote d'Ivoire: ECOWAS lifts infrastructure development with Treaty signing
    30 march 2014 15:54:48
    Yamoussoukro, Cote d'Ivoire (PANA) - The West African regional bloc ECOWAS took a major step in its avowed commitment to regional infrastructure development with the signing of the Treaty on the Lagos-Abidjan Highway Project, on the sidelines of its just-concluded 44th Ordinary Summit here, PANA reported Sunday. Full text...

  • Cote d'Ivoire: Trading at the West African Bourse ended the week low
    30 march 2014 12:29:15
    Abidjan, Côte d’Ivoire (PANA) - Trading at the West African regional Stock Exchange (BRVM) ended the week on the decline, with BRVM index 10 falling from 253.32 à 252.96 points, representing a fall of 1.14%. Full text...

  • Mauritanian: Sunday's forex rates for Mauritanian Ouguiya
    30 march 2014 10:39:02
    Nouakchott, Mauritania (PANA) - The Mauritanian Ouguiya appreciated slightly against the Euro and the CFA Franc but remained stable against the US Dollar, according to Sunday's foreign exchange rates issued here by the Mauritanian central bank. Full text...

  • Nigeria: UN calls for Africa’s structural transformation
    29 march 2014 20:48:00
    Abuja, Nigeria (PANA) – The UN deputy secretary-general, Jan Eliason, on Saturday called for structural transformation in Africa. Full text...

  • Cameroon: Gambia Bird Airlines takes to the sky
    29 march 2014 18:11:06
    Douala, Cameroon (PANA) – A new airline, Gambia Bird Airlines, will take to the sky on Monday through a first direct flight from Douala to Dakar, aimed at solving the problems regarding travel in West Africa. Full text...

  • Nigeria: Jonathan denounces funding of violence in Africa
    29 march 2014 13:53:41
    Abuja, Nigeria (PANA) – Nigerian President Goodluck Jonathan on Saturday denounced the “invisible hands” that fund violence in Africa, particularly in his country. Full text...

  • Nigeria: ACBF signs MOU with Nigerian Institute on training
    29 march 2014 12:39:01
    Lagos, Nigeria (PANA) – The Harare based African Capacity Building Foundation (ACBF) has signed an agreement with the Nigerian National Institute for Legislative Studies (NILS), which will enable the Foundation to support the Institute in its goal of developing the legislative arm of government in Nigeria and the West African sub-region. Full text...

  • Nigeria: Regional coordination mechanism for Africa meeting opens
    28 march 2014 22:04:07
    Abuja, Nigeria (PANA) – The 15th meeting of the regional coordination mechanism for Africa (MCR-Africa) began proceedings on Friday in the Nigerian, Abuja, on the theme “UN support to Africa’s integration programme in the context of AU agenda”. Full text...

  • Libya: Morning Glory berths at Khomes
    28 march 2014 21:50:00
    Tripoli, Libya (PANA) – The rogue oil tanker, Morning Glory, which loaded oil illegally from an eastern Libyan terminal, has now berthed of Khomes in the west of Tripoli, on its way to the refinery of Zaoula, local port authorities said. Full text...

  • Nigeria: Friday's exchange rates for the Nigeria Naira
    28 march 2014 20:40:19
    Lagos, Nigeria (PANA) - The following are Friday's exchange rates for the Nigerian currency, the Naira, against other currencies as released by the Central Bank of Nigeria (CBN). Full text...

  • Rwanda: Friday's forex rates for Rwandan Franc
    28 march 2014 18:44:56
    Kigali, Rwanda (PANA) - Following are Friday's foreign exchange rates for the Rwandan Franc: Full text...

  • Cote d'Ivoire/ECOWAS: West Africa's economy to grow by 7.1% in 2014
    28 march 2014 18:25:05
    Yamoussoukro, Cote d'Ivoire (PANA) - West Africa will remain the most dynamic African Regional Economic Community (REC) in 2014 with an economic growth rate forecast at 7.1 per cent, up from 6.3 per cent the previous year, according to the 2013 annual report presented by ECOWAS Commission President Kadré Desire Ouédraogo to the summit of regional leaders in Yamoussoukro, Cote d’Ivoire, Friday. Full text...

  • Senegal: Friday's forex rates for Gambian Dalasis
    28 march 2014 17:25:25
    Dakar, Senegal (PANA) – Following are Friday's foreign exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Cote d'Ivoire: ECOWAS 'makes quantum leap' in economic integration
    28 march 2014 16:47:45
    Yamoussoukro, Cote d'Ivoire (PANA) - The 15-member regional bloc ECOWAS has made a ''quantum leap'' in the advancement of its economic integration, with the adoption of Common External Tariff (CET), efforts to relaunch monetary integration and the conclusion of the Economic Partnership Agreement (EPA) negotiations with the EU, a top ECOWAS official said Friday. Full text...

  • Zambia: Inflation continues to rise
    28 march 2014 16:05:18
    Lusaka, Zambia (PANA) – The Bank of Zambia (BOZ) says inflationary pressures have continued to persist in 2014, with inflation rising to 7.3 percent, 7.6 and 7.7 percent in January, February and March respectively, from the 7.1 percent recorded in December 2013. Full text...

  • Gabon: Friday's forex rates in Central Africa
    28 march 2014 16:00:03
    Libreville, Gabon (PANA) - Following are Friday's foreign exchange rates for the CFA Franc in the Central African States: Full text...

  • Libya: Oil production declines further in Libya
    28 march 2014 15:47:04
    Tripoli, Libya (PANA) - The recent disruption of pipelines connecting the oil field of al-Wafa Full text...

  • Cote d'Ivoire: Trading at the West African Bourse still rising
    28 march 2014 15:14:59
    Abidjan, Côte d’Ivoire (PANA) - Trading at the West African regional stock exchange (BRVM) ended Thursday on the rise, with the BRVM index 10 inching up from 252.43 to 253.33 points, representing an increase of 0.36%. Full text...

  • Nigeria: Govt. communications agency to issue new infrastructure company licenses
    28 march 2014 12:19:26
    Lagos, Nigeria (PANA) – The Nigerian Communications Commission (NCC) has announced that it will issue seven new infrastructure companies (InfraCos) licenses to enhance broadband connectivity before the end of 2014. Full text...

  • Libya: Alitalia suspends flights to Libya
    28 march 2014 10:50:30
    Tripoli, Libya (PANA) - The recurring insecurity at Tripoli international airport in Libya has forced Italian airline, Alitalia, to suspend, until the end of March, its flights to and from Libya, the director of the Libyan Civil Aviation, Nasser Eddine Chaib al-Ain, announced here Thursday. Full text...

  • Gabon: Gabonese elected head of the Association of African refiners
    28 march 2014 09:08:58
    Libreville, Gabon (PANA) - Pierre Reteno N'diaye of Gabon has been elected head of the Association of African refiners (ARA), replacing Nigerian Anthony Anthony Ogbuigwe. Full text...

  • Zambia: Friday’s forex rates for Kwacha
    28 march 2014 09:04:31
    Lusaka, Zambia (PANA) – Following are the latest foreign exchange rates for the Zambian kwacha: Full text...

  • Ghana: Friday's exchange rates for the Ghana cedi
    28 march 2014 08:19:36
    Accra, Ghana (PANA) – The following are Friday’s average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Mauritius: Friday's forex rates for Rupee
    28 march 2014 08:13:49
    Port-Louis, Mauritius (PANA) - The following are Friday's foreign exchange rates for the Mauritian Rupee. Full text...

  • Tanzania: Friday's forex rates for Shilling
    28 march 2014 07:36:04
    Dar es Salaam, Tanzania (PANA) - Following are Friday's foreign exchange rates for the Tanzania Shilling: Full text...

  • Nigeria: Thursday's forex rates for the Naira
    27 march 2014 19:09:02
    Lagos, Nigeria (PANA) - Here are the latest foreign exchange rates for the Nigerian currency, the Naira: Full text...

  • Rwanda: Thursday's foreign exchange rates in Rwanda
    27 march 2014 19:06:00
    Kigali, Rwanda (PANA) – The following are Thursday's exchange rates for the Rwandan franc against other currencies as issued by the central bank of Rwanda. Full text...

  • Togo: West African Development Bank approves 13 projects worth 185 billion FCFA
    27 march 2014 16:30:14
    Lomé, Togo (PANA) – The West African Development Bank (BOAD) has approved 13 projects worth 185.56 billion FCFA for some of its member-countries at the 92nd meeting of its board of directors, according to a communiqué received on Thursday by PANA in Lomé. Full text...

  • Cote d'Ivoire: EPAs, EU to top ECOWAS summit agenda
    27 march 2014 13:41:51
    Yamoussoukro, Cote d'Ivoire (PANA) - The two-day ordinary meeting of Heads of State and Governments of the member countries of the Economic Community of West African States (ECOWAS ) due open on Friday in Yamoussoukro, the political capital of Cote d’Ivoire, will discuss the bloc’s relation with the European Union and the Economic Partnership Agreements (EPAs). Full text...

  • Nigeria: Forex dealers urged to withdraw 50 pounds in circulation
    27 march 2014 13:23:59
    Lagos, Nigeria (PANA) – The Central Bank of Nigeria (CBN) has directed authorised foreign exchange dealers and the general public to repatriate the stock of UK 50 pounds bill with the portrait of John Houbion in their possession from circulation. Full text...

  • Nigeria: Nigeria plans to double cocoa production to 500,000 tonnes
    27 march 2014 13:15:01
    Lagos, Nigeria (PANA) – A senior official of the Nigerian cocoa industry says the country has concluded arrangements to increase production to 500,000 tonnes in the next 10 years, the local media reported on Thursday. Full text...

  • Gabon: Thursday's forex rates in Central Africa
    27 march 2014 12:57:51
    Libreville, Gabon (PANA) - The following are Thursday's foreign exchange rates for the CFA Franc in Central African States. Full text...

  • Ghana: Thursday's exchange rates for the Ghana cedi
    27 march 2014 12:29:36
    Accra, Ghana (PANA) – The following are Thursday’s average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Kenya: WB funds Kenya airport reconstruction, regional highway link
    27 march 2014 11:43:38
    Nairobi, Kenya (PANA) - The World Bank has approved new funding for the reconstruction of Nairobi’s Jomo Kenyatta International Airport, which suffered a major fire disaster in August 2013. Full text...

  • Cote d'Ivoire: Trading at the West African Bourse rises again
    27 march 2014 11:42:26
    Abidjan, Côte d’Ivoire (PANA) - Trading at the West African regional stock exchange (BRVM) ended higher on Wednesday with the BRVM index 10 inching up from 252.11 to 252.43 points, representing a rise of 0.13%. Full text...

  • Zambia: Thursday’s exchange rates in Zambia
    27 march 2014 11:36:05
    Lusaka, Zambia (PANA) – The following are Thursday's exchange rates for the Zambian kwacha as released by the Bank of Zambia. Full text...

  • Mauritania: Thursday's forex rates for Ouguiya
    27 march 2014 10:29:02
    Nouakchott, Mauritania (PANA) - Following are Thursday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Mauritius: Thursday's exchange rates for Rupee
    27 march 2014 10:26:43
    Port-Louis, Mauritius (PANA) - Following are Thursday's foreign exchange rates for the Mauritian Rupee: Full text...

  • Tanzania: Thursday's forex rates for Shilling
    27 march 2014 08:30:34
    Dar es Salaam, Tanzania (PANA) - Following are Thursday's foreign exchange rates for the Tanzania Shilling: Full text...

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