Economy -
  • Nigeria: ‘Services sector is highest contributor to Nigeria’s GDP’
    08 september 2014 13:52:08
    Lagos, Nigeria (PANA) - The services sector accounted for the largest share of Nigeria’s real Gross Domestic Product (GDP) in the second quarter of 2014, amounting to 8.5 billion naira (about 160 naira = US$1) or 53.15%, according to a statement from the National Bureau of Statistics (NBS), made available to PANA here on Monday. Full text...

  • Gambia: Monday’s forex rates for Gambian Dalasis
    08 september 2014 11:10:06
    Banjul, Gambia (PANA) - The following are Monday’s foreign exchange rates for the Gambian Dalasis: Full text...

  • Mauritania: Monday's forex rates for Ouguiya
    08 september 2014 10:08:56
    Nouakchott, Mauritania (PANA) - Following are Monday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Mauritius: Monday's forex rates for Rupee
    08 september 2014 08:27:27
    Port-Louis, Mauritius (PANA) - Following are Monday's exchange rates for the Mauritian Rupee: Full text...

  • Tanzania: Monday's forex rates for Shilling
    08 september 2014 07:16:39
    Dar es Salaam, Tanzania (PANA) - Following are Monday's exchange rates for the Tanzania Shilling: Full text...

  • Mauritania: Sunday's forex rates for Ouguiya
    07 september 2014 13:45:28
    Nouakchott, Mauritania (PANA) - The Mauritanian Ouguiya appreciated against the Euro and CFA Franc but remained stable against the US Dollar, according to Sunday's foreign exchange rates issued by the Mauritanian central bank. Full text...

  • Cote d'Ivoire: Trading at the West African Bourse ends week high
    07 september 2014 08:44:31
    Abidjan, Cote d’Ivoire (PANA) - Trading at the West African regional stock exchange, BRVM, ended the week on the rise with the BRVM index 10 inching up from 260.70 to 262.51 points, representing a rise of 0.69%. Full text...

  • Tanzania: IMF report traces positive economic development in Angola, urges limit on fiscal deficits
    06 september 2014 11:04:15
    Dar es Salaam, Tanzania (PANA) - Angola’s recent economic developments have been positive, but softening oil revenue and limited proven oil reserves highlight the need to contain emerging fiscal deficits, preserve policy buffers, and continue diversifying the economy, the International Monetary Fund (IMF) said Saturday in its report on the southern Africa country's outlook. Full text...

  • Nigeria: Friday's foreign exchange rates in Nigeria
    05 september 2014 21:57:46
    Lagos, Nigeria (PANA) - 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...

  • Benin: EU grants Benin 47.8 million euros
    05 september 2014 20:39:34
    Cotonou, Benin (PANA) – The European Union (EU) and Benin have signed four financing agreements totalling 47.8 million euros (31 billion CFAF). Full text...

  • Nigeria: Business group seeks delay in take off of Nigeria's automotive policy
    05 september 2014 14:53:25
    Lagos , Nigeria (PANA) – A leading member of Nigeria’s business group, the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), wants the government to delay the take off of the new Automotive Policy until March, 2015, according to local media reports. Full text...

  • Mauritius: Friday's forex rates for Rupee
    05 september 2014 13:29:30
    Port-Louis, Mauritius (PANA) - Following are Friday's foreign exchange rates for the Mauritian Rupee: Full text...

  • Senegal: Friday's forex rates for Gambian Dalasis
    05 september 2014 11:16:25
    Dakar, Senegal (PANA) - Following are Friday's forex rates for the Gambian currency, the Dalasis (D): Full text...

  • Zambia: Kwacha remains stable against US$
    05 september 2014 09:35:59
    Lusaka, Zambia (PANA) - The Zambian Kwacha has continued to trade in the ranges already seen against the US dollar. Full text...

  • Tanzania: IMF calls for fiscal adjustment in Congo as oil reserves decline
    05 september 2014 09:14:02
    Dar es Salaam, Tanzania (PANA) - High levels of public spending and the depletion of oil reserves call for a fiscal adjustment in Republic of Congo over the medium to long term, the International Monetary Fund (IMF) has cautioned in its latest review of the country's economic performance this year. Full text...

  • Ghana: Friday's exchange rates for Ghana cedi
    05 september 2014 08:25:28
    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
    05 september 2014 07:49:18
    Dar es Salaam, Tanzania (PANA) - Following are Friday's foreign exchange rates for the Tanzania Shilling: Full text...

  • Nigeria: Thursday's foreign exchange rates in Nigeria
    04 september 2014 22:29:32
    Lagos, Nigeria (PANA) - Following are Thursday's exchange rates for the Nigerian currency, the Naira, against other currencies, as released by the Central Bank of Nigeria. Full text...

  • Mauritania: CSOs urged to play active role in management of extractive industries
    04 september 2014 20:53:12
    Nouakchott, Mauritania (PANA) – Mauritanian Civil Society Organisations (CSOs) have been urged to play a more active role in demanding transparency in the management of extractive industries. Full text...

  • Rwanda: Latest forex rates in Rwanda
    04 september 2014 18:16:22
    Kigali, Rwanda (PANA) – The exchange rate of the US Dollar for the Rwandan franc remained stable on Thursday compared to the previous day. Following are Thursday’s exchange rates for foreign currencies as issued by National Bank of Rwanda: Full text...

  • Côte d’Ivoire: Sub-regional bourse to meet stakeholders, investors
    04 september 2014 13:29:10
    Abidjan, Côte d’Ivoire (PANA) – The West African regional bourse (BRVM) will on 30 September and 1 October hold its first edition of a meeting between stakeholders of the stock market of the West African Economic and Monetary Union (WAEMU), investors and international companies. Full text...

  • Gambia: Thursday’s forex rates for Gambian Dalasis
    04 september 2014 11:52:55
    Banjul, Gambia (PANA) - The following are Thursday’s foreign exchange rates for the Gambian Dalasis: Full text...

  • Mauritania: Thursday's forex rates for Ouguiya
    04 september 2014 11:50:39
    Nouakchott, Mauritania (PANA) - Following are Thursday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Mauritius: Thursday's forex rates for Rupee
    04 september 2014 09:33:36
    Port-Louis, Mauritius (PANA) - Following are Thursday's exchange rates for the Mauritian Rupee: Full text...

  • Ghana: Thursday's exchange rates for Ghana cedi
    04 september 2014 07:50:22
    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...

  • Tanzania: Zain Telecom, Bank of Khartoum launch Sudan's first mobile money service
    04 september 2014 07:24:56
    Dar es Salaam, Tanzania (PANA) - Sudan's first mobile money service, called Hassa,is now operational thanks to cooperation between Bank of Khartoum and Zain Telecom, according to a news update from global telecoms monitor Pyramid Research. Full text...

  • Tanzania: Thursday's forex rates for Shilling
    04 september 2014 06:06:02
    Dar es Salaam, Tanzania (PANA) - Following are Thursday's foreign exchange rates for the Tanzania Shilling: Full text...

  • Libya: Oil production rises 725,000 barrels/day
    03 september 2014 22:08:51
    Tripoli, Libya (PANA) – Libya’s oil production has risen steadily to reach 725,000 barrels/day despite the chaos in the country marked by bloody clashes between rival militia groups, the spokesperson for the National Oil company (NOC), Mohamed al-Harairi, said on Wednesday. Full text...

  • Nigeria: Wednesday's foreign exchange rates in Nigeria
    03 september 2014 21:40:18
    Lagos, Nigeria (PANA) - Here are Wednesday's exchange rates for the Nigerian currency, the Naira, against other major currencies, as released by the Central Bank of Nigeria (CBN). Full text...

  • Tunisia: Tunisia and Algeria to strengthen ties in energy, industry, mining
    03 september 2014 20:07:02
    Tunis, Tunisia (PANA) - The Tunisian Minister of Industry, Energy and Mines, Kamel Ben Nasser and his Algerian counterpart, Youcef Yousfi, discussed on Wednesday in Algiers how to strengthen cooperation and partnership between the two countries, especially in the field of energy, according to official sources in the Algerian capital. Full text...

  • South Africa: Investors, developers meet to discuss power projects across Africa
    03 september 2014 12:51:27
    Cape Town, South Africa (PANA) - As Africa’s demand for power generation continues to outstrip supply, the question of how to finance the future of Africa’s power sector looms large. Full text...

  • Senegal: Wednesday's forex rates for Gambian Dalasis
    03 september 2014 11:13:57
    Dakar, Senegal (PANA) - Following are Wednesday's forex rates for the Gambian currency, the Dalasis (D): Full text...

  • Ghana: Wednesday's exchange rates for Ghana cedi
    03 september 2014 10:39:47
    Accra, Ghana (PANA) - The following are Wednesday's inter-bank average exchange rates for the Ghana cedi, as announced by the Ghana Association of Bankers: Full text...

  • Mauritania: Wednesday's forex rates for Ouguiya
    03 september 2014 10:37:35
    Nouakchott, Mauritania (PANA) - Following are Wednesday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Mauritius: Wednesday's forex rates for Rupee
    03 september 2014 09:19:09
    Port-Louis, Mauritius (PANA) - Following are Wednesday's exchange rates for the Mauritian Rupee: Full text...

  • Tanzania: Wednesday's forex rates for Shilling
    03 september 2014 07:20:32
    Dar es Salaam, Tanzania (PANA) - Following are Wednesday's foreign exchange rates for the Tanzania Shilling: Full text...

  • Nigeria: Tuesday's foreign exchange rates in Nigeria
    02 september 2014 21:33:00
    Lagos, Nigeria (PANA) - Here are Tuesday's exchange rates for the Nigerian currency, the Naira, against other currencies, as released by the Central Bank of Nigeria (CBN). Full text...

  • Tunisia: Tunisian-African cooperation forum to be held in Tunisia
    02 september 2014 20:28:44
    Tunis Tunisia (PANA) – The Tunisian city of Hammamet will from 23 to 25 September host the Tunisian-African forum which will focus on cooperation between Africa and Tunisia in several areas, Tewfik Mellah, the chairman of the Commission for Relations with the African Continent of the Tunisian organization Al-Araf, said on Tuesday. Full text...

  • Senegal: Dubai to organise Africa Global Business Forum
    02 september 2014 20:18:40
    Dakar, Senegal (PANA) – The Dubai Chamber of Commerce and Industry will organise the 2nd Africa Global Business Forum (AGBF) on the theme "New Realities – New Connections" between October 1-2, the Chamber announced Tuesday. Full text...

  • Malawi: Government avoids new taxes amid zero-aid budget
    02 september 2014 17:59:27
    Blantyre, Malawi (PANA) - Malawi's Finance Minister, Goodall Gondwe, on Tuesday presented the delayed 2014-2015 national budget without increasing any consumer taxes amid the absence of donor injection into the government estimates. Full text...

  • Cote d'Ivoire: Trading at the West African Bourse rises
    02 september 2014 15:01:10
    Abidjan, Cote d’Ivoire (PANA) - Trading at the West African regional stock exchange, BRVM, ended Monday on the rise with the BRVM Index 10 inching up from 260.70 to 261.09 points, representing a rise of 0.15% . Full text...

  • Kenya: Microsoft takes up Demo Africa event sponsorship
    02 september 2014 14:06:35
    Nairobi, Kenya (PANA) - Microsoft Corporation has taken up platinum sponsorship for this year’s edition of DEMO Africa that will be held later in the month, in Lagos, Nigeria. Full text...

  • Senegal: Dubai to host Aviation Africa 2015
    02 september 2014 12:59:24
    Dakar, Senegal (PANA) – A two-day summit, which will focus on strategies, opportunities and challenges affecting the aviation industry in Africa, and dubbed ''Aviation Africa 2015'', will be held in Dubai, UAE , between 10-11 May, 2015, organisers announced Tuesday. Full text...

  • Mauritius: Tuesday's forex rates for Rupee
    02 september 2014 11:49:18
    Port-Louis, Mauritius (PANA) - Following are Tuesday's exchange rates for the Mauritian Rupee: Full text...

  • Gabon: Tuesday's forex rates in Central Africa
    02 september 2014 11:47:37
    Libreville, Gabon (PANA) - Following are Tuesday's exchange rates in the Central African States: Full text...

  • Senegal: Tuesday's forex rates for Gambian Dalasis
    02 september 2014 11:44:43
    Dakar, Senegal (PANA) - Following are Tuesday's forex rates for the Gambian currency, the Dalasis (D): Full text...

  • Rwanda: Tuesday's forex rates for Rwandan Franc
    02 september 2014 11:41:34
    Kigali, Rwanda (PANA) - Following are Tuesday's exchange rates for the Rwandan Franc: Full text...

  • Mauritania: Tuesday's forex rates for Ouguiya
    02 september 2014 11:29:03
    Nouakchott, Mauritania (PANA) - Following are Tuesday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Ghana: Tuesday's exchange rates for Ghana cedi
    02 september 2014 07:31:58
    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 september 2014 07:18:55
    Dar es Salaam, Tanzania (PANA) - Following are Tuesday's foreign exchange rates for the Tanzania Shilling: Full text...

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