Economy -
  • Ghana: Tuesday's exchange rates for Ghana cedi
    29 december 2015 05:59:32
    Accra, Ghana (PANA) - The following are Tuesday's average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Senegal: Monday's forex rates for the Gambian Dalasis
    28 december 2015 10:06:22
    Dakar, Senegal (PANA) – The following are Monday’s exchange rates for the Gambian currency, the Dalasis (D), as published by Trust Bank Gambia Ltd: Full text...

  • Mauritius: Monday's forex rates for Rupee
    28 december 2015 10:04:42
    Port-Louis, Mauritius (PANA) - The following are Monday's foreign exchange rates for the Mauritian Rupee: Full text...

  • Tanzania: Monday's exchange rates for Tanzania Shilling
    28 december 2015 06:32:48
    Dar es Salaam, Tanzania (PANA) - The following are Monday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • Senegal: Friday's forex rates for the Gambian Dalasis
    25 december 2015 09:23:33
    Dakar, Senegal (PANA) – The following are Friday’s exchange rates for the Gambian currency, the Dalasis (D), as published by Trust Bank Gambia Ltd: Full text...

  • Mauritius: Thursday's forex rates for Mauritian Rupee
    24 december 2015 14:59:43
    Port-Louis, Mauritius (PANA) - The following are Thursday's foreign exchange rates for the Mauritian Rupee: Full text...

  • Senegal: Thursday's forex rates for the Gambian Dalasis
    24 december 2015 10:09:02
    Dakar, Senegal (PANA) – The following are Thursday’s exchange rates for the Gambian currency, the Dalasis (D), as published by Trust Bank Gambia Ltd. Full text...

  • South Africa: Stand-off over MTN's record fine continues
    24 december 2015 10:06:58
    Cape Town, South Africa (PANA) – Nigeria’s telecommunications authorities have indicated that they will wait for the outcome of a court challenge filed by South African telecoms giant MTN before deciding on whether to enforce a record US$3.9 billion fine. Full text...

  • Rwanda: Thursday's forex rates for Rwandan Franc
    24 december 2015 09:40:39
    Kigali, Rwanda (PANA) - The following are Thursday's foreign exchange rates for the Rwandan Franc, as issued by the National Bank of Rwanda. Full text...

  • Ghana: Thursday's exchange rates for Ghana cedi
    24 december 2015 05:30:12
    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...

  • Senegal: Wednesday's forex rates for Gambian Dalasis
    23 december 2015 10:12:43
    Dakar, Senegal (PANA) – The following are Wednesday’s exchange rates for the Gambian currency, the Dalasis (D), as published by Trust Bank Gambia Ltd: Full text...

  • Nigeria: MoneyGram launches account deposit for Nigeria
    23 december 2015 05:53:39
    Lagos, Nigeria (PANA) - MoneyGram has announced it is the first money transfer company to offer customers in France, Germany, Ireland, Italy and Spain a way to send money to most personal Nigerian Naira bank accounts within minutes. Full text...

  • Ghana: Wednesday's exchange rates for Ghana cedi
    23 december 2015 05:36:31
    Accra, Ghana (PANA) - The following are Wednesday's average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Tanzania: Wednesday's exchange rates for Tanzania Shilling
    23 december 2015 05:34:18
    Dar es Salaam, Tanzania (PANA) - The following are Wednesday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • Tanzania: 'Decline of commodity prices holds back Liberia's economic recovery' - IMF
    23 december 2015 05:32:53
    Dar es Salaam, Tanzania (PANA) - Liberia has largely overcome the Ebola epidemic, thanks to decisive policy actions, unprecedented international support, and strong community engagement, but the sharp decline in global commodity prices is holding back the West African country's economic recovery, according to the International Monetary Fund (IMF). Full text...

  • Tanzania: Low global demand for diamonds slows Botswana's pace of economic activity
    22 december 2015 19:20:45
    Dar es Salaam, Tanzania (PANA) - Botswana's economic growth is projected to pick up in the next couple of years, supported by a gradual recovery in the global diamond market, low domestic interest rates, and the impact of the government’s Economic Stimulus Programme, an International Monetary Fund (IMF) staff team observed Tuesday on completion of its 2015 Article IV Mission to the southern Africa country. Full text...

  • Rwanda: Brussels Airlines extends services to Rwanda
    22 december 2015 13:28:08
    Kigali, Rwanda (PANA) - Brussels Airlines has announced it will begin operating a six-time weekly flights to Rwanda from Belgium effective from April 2016, PANA reports Tuesday from Kigali. Full text...

  • Rwanda: Tuesday's forex rates for Rwandan Franc
    22 december 2015 13:18:21
    Kigali, Rwanda (PANA) - The following are Tuesday's foreign exchange rates for the Rwandan Franc, as issued by the National Bank of Rwanda. Full text...

  • Nigeria: Buhari pledges to secure Nigeria, presents 2016 Budget of US$30.4 billion
    22 december 2015 13:16:15
    Abuja, Nigeria (PANA) - Nigeria's President, Muhammadu Buhari, has pledged to secure the country, rebuild its economy and make Africa's largest economy "stronger than it has ever been". Full text...

  • Mauritius: Tuesday's exchange rates for Mauritian Rupee
    22 december 2015 09:38:01
    Port-Louis, Mauritius (PANA) – The following are Tuesday's exchange rates for the Mauritian rupee as announced by the Commercial Bank of Mauritius. Full text...

  • Tanzania: Seychelles benefits from high tourism receipts, low commodity prices - IMF
    22 december 2015 08:09:01
    Dar es Salaam, Tanzania (PANA) - Thanks to low commodity prices and higher than expected tourism receipts, Seychelles has recorded positive macroeconomic outcomes in 2015 and its external current account deficit is estimated to have narrowed substantially, according to the International Monetary Fund (IMF). Full text...

  • Senegal: Tuesday's forex rates for the Gambian Dalasis
    22 december 2015 06:34:48
    Dakar, Senegal (PANA) – The following are Tuesday’s exchange rates for the Gambian currency, the Dalasis (D), as published by Trust Bank Gambia Ltd: Full text...

  • Tanzania: Tuesday's exchange rates for Tanzania Shilling
    22 december 2015 06:33:15
    Dar es Salaam, Tanzania (PANA) - The following are Tuesday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • Ghana: Tuesday's exchange rates for Ghana cedi
    22 december 2015 06:32:20
    Accra, Ghana (PANA) - The following are Tuesday's average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • US: Qatar Airways launches new services to Durban
    21 december 2015 21:22:49
    New York, US (PANA) - One of the world's leading airlines, Qatar Airways, Monday announced a four-time, weekly service to Durban, South Africa, to further complement the airline’s existing daily flights to Cape Town and double daily flights to Johannesburg. Full text...

  • Tanzania: ITC ,UEMOA work together to promote exports, deepen regional integration
    21 december 2015 19:49:24
    Dar es Salaam, Tanzania (PANA) - The International Trade Centre and the West African Economic and Monetary Union (UEMOA) have agreed to work together to bolster exports from the eight-member bloc, as well as to deepen trade integration and improve the business environment within it, ITC said Monday. Full text...

  • Gabon: Monday's forex rates for CFAF in Central Africa
    21 december 2015 14:54:38
    Libreville, Gabon (PANA) – The following are Monday’s foreign exchange rates for the CFA Franc in Central Africa. Full text...

  • Nigeria: BADEA to spend US$ 320m on technical assistance in 2016
    21 december 2015 13:49:38
    Lagos, Nigeria (PANA) - The Board of Directors of the Arab Bank for Economic Development in Africa (BADEA), at its fourth meeting for the year 2015 in London from 16-18 December, said it will not spend more than US$320 million to finance projects and technical assistance operations in the new year (2016). Full text...

  • Rwanda: Rwanda's GDP expands 6.1% in Q3, 2015
    21 december 2015 11:03:49
    Kigali, Rwanda (PANA) - Rwanda's economy posted 6.1% growth year on year in the third quarter of 2015, lower from 7% in the second quarter, the National Institute of Statistics (NIS) announced on Monday. Full text...

  • Rwanda: Monday's forex rates for Rwandan Franc
    21 december 2015 10:28:41
    Kigali, Rwanda (PANA) - The following are Monday's foreign exchange rates for the Rwandan Franc, as issued by the National Bank of Rwanda. Full text...

  • Mauritius: Monday's exchange rates for Mauritian Rupee
    21 december 2015 09:21:29
    Port-Louis, Mauritius (PANA) – The following are Monday's exchange rates for the Mauritian rupee as announced by the Commercial Bank of Mauritius. Full text...

  • Tanzania: Monday's exchange rates for Tanzania Shilling
    21 december 2015 07:51:24
    Dar es Salaam, Tanzania (PANA) - The following are Monday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • Senegal: Monday's forex rates for the Gambian Dalasis
    21 december 2015 06:48:29
    Dakar, Senegal (PANA) – The following are Monday’s exchange rates for the Gambian currency, the Dalasis (D), as published by Trust Bank Gambia Ltd: Full text...

  • Ghana: Monday's exchange rates for Ghana cedi
    21 december 2015 05:38:07
    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...

  • Kenya: WTO talks lead to breakthrough on key trade reforms
    20 december 2015 15:58:44
    Nairobi, Kenya (PANA) - Trade ministers from around the world have agreed on a compromise trade deal that promises to radically reform the worldwide trading system, including eliminating export subsidies which have made it impossible for African farmers to export goods to the international market. Full text...

  • Nigeria: Minister orders probe after airline uses ladder to disembark passengers
    20 december 2015 14:55:46
    Lagos, Nigeria (PANA) - Nigeria's federal government has ordered a probe of the circumstances in which a ladder was used to disembark passengers from a local flight on Saturday. Full text...

  • Kenya: Probe over suspected bomb scare on Air France flight from Mauritius
    20 december 2015 11:20:33
    Nairobi, Kenya (PANA) - Kenyan authorities Sunday launched an investigation into a suspected device removed from an Air France flight from Mauritius to Paris that made an emergency landing in Kenya. Full text...

  • Tanzania: Mozambique secures US$282.9m standby credit from IMF
    19 december 2015 07:28:59
    Dar es Salaam, Tanzania (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved Mozambique's request for US$282.9 million Standby Credit Facility (SCF) with a first disbursement of about US$117.9 million available immediately. Full text...

  • Senegal: Saturday's forex rates for Gambian Dalasis
    19 december 2015 06:39:03
    Dakar, Senegal (PANA) – The following are Saturday’s foreign exchange rates for the Gambian currency, the Dalasis (D), as published by Trust Bank Gambia ltd: Full text...

  • Kenya: African, Indian negotiators in ‘no direct conflict’ over WTO farm deal
    18 december 2015 17:30:28
    Nairobi, Kenya (PANA) - Kenyan foreign minister Amina Mohammed, currently chairperson of the World Trade Organisation (WTO) Ministerial Meeting in Nairobi, said Friday that Indian and African negotiators were not in “direct conflict” over a proposal on export competition and other issues affecting farmers. Full text...

  • Tanzania: IMF mission commends Tunisian authorities on macroeconomic stability
    18 december 2015 17:00:39
    Dar es Salaam, Tanzania (PANA) - A mission from the International Monetary Fund (IMF) Friday commended the efforts of Tunisian authorities in preserving macroeconomic stability and the steps taken towards adopting policies necessary for generating higher and more inclusive growth in a difficult global and regional environment. Full text...

  • Tanzania: Regulatory body sets deadline for fake cell phones in Tanzania
    18 december 2015 08:09:55
    Dar es Salaam, Tanzania (PANA) – Mobile phone users in Tanzania have until end of June 2016 to make sure their portables are genuine following introduction of the Central Equipment Identification Register (CEIR) by the country’s regulatory authority. Full text...

  • Tanzania: ‘Benin heads for solid economic growth’ - IMF
    18 december 2015 08:05:36
    Dar es Salaam, Tanzania (PANA) - For the third consecutive year, Benin is expected to reach solid economic growth in 2015 at around 5 percent, despite recent headwinds from the economic slowdown in Nigeria, Benin’s major trading partner, the International Monetary Fund (IMF) has said. Full text...

  • Senegal: Friday's forex rates for the Gambian Dalasis
    18 december 2015 07:45:51
    Dakar, Senegal (PANA) – The following are Friday’s exchange rates for the Gambian currency, the Dalasis (D) as published by Trust Bank Gambia Ltd: Full text...

  • Tanzania: Friday's exchange rates for Tanzania Shilling
    18 december 2015 06:02:08
    Dar es Salaam, Tanzania (PANA) - The following are Friday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • Ghana: Friday's exchange rates for Ghana cedi
    18 december 2015 05:42:20
    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...

  • Egypt: Afreximbank to push financing opportunities for Ethiopian businesses
    17 december 2015 23:56:39
    Cairo, Egypt (PANA) - The African Export-Import Bank (Afreximbank) plans to hold a business forum in the Ethiopian capital city of Addis Ababa on 21 Dec. 2015 to expand awareness of its trade finance facilities and engage with the Ethiopian business community, the Bank said. Full text...

  • Egypt: AfDB, Egypt sign two loan agreements
    17 december 2015 22:41:30
    Cairo, Egypt (PANA) - Egyptian Prime Minister Cherif Ismaël on Thursday in Cairo presided the signing of an agreement between the Egyptian Ministry of International Cooperation and the board of the directors of the African Development Bank (AfDB), at the end of which the bank granted Egypt two loans. Full text...

  • South Africa: South Africa's MTN to fight Nigerian fine in court
    17 december 2015 17:19:46
    Cape Town, South Africa (PANA) - South African phone giant MTN on Thursday said it will challenge a record US$3.9 billion Nigerian fine in court, after resolving that the penalty that shredded the company’s value wasn’t within the powers of that country’s telecommunications regulator to impose. Full text...

  • Kenya: Trade ministers making steady progress at WTO conference in Nairobi
    17 december 2015 16:40:53
    Nairobi, Kenya (PANA) -Trade ministers from 163 countries are making steady progress in overcoming a deadlock which threatened to stall the talks on a fair global trading arrangement at the ongoing World Trade Organisation's conference in Nairobi, PANA reported Thursday. Full text...

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