Economy -
  • Senegal: Wednesday’s forex rates for Gambian Dalasis
    01 october 2014 09:42:03
    Dakar, Senegal (PANA) - Following are Wednesday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Tanzania: IMF advises DRC on taming pervasive poverty
    01 october 2014 09:40:18
    Dar es Salaam, Tanzania (PANA) - Despite strong macroeconomic performance by the Democratic Republic of Congo (DRC), poverty remains pervasive and the economy vulnerable, exposing this progress to reversal, the International Monetary Fund (IMF) has observed after its consultation with the authorities in Kinshasa. Full text...

  • Tanzania: Wednesday's forex rates for Shilling
    01 october 2014 08:29:37
    Dar es Salaam, Tanzania (PANA) - Following are Wednesday's exchange rates for the Tanzania Shilling, as issued by the Bank of Tanzania: Full text...

  • Mauritius: Wednesday's forex rates for Rupee
    01 october 2014 08:25:12
    Port-Louis, Mauritius (PANA) - Following are Wednesday's exchange rates for the Mauritian Rupee: Full text...

  • Ghana: Wednesday's exchange rates for Ghana cedi
    01 october 2014 08:23:31
    Accra, Ghana (PANA) - The following are Wednesday's average inter-bank exchange rates for the Ghana cedi, as announced by the Ghana Association of Bankers: Full text...

  • Nigeria: Tuesday's foreign exchange rates in Nigeria
    30 september 2014 22:34:36
    Lagos, Nigeria (PANA) - Here are the latest exchange rates for the Nigerian currency, the Naira, against other major foreign currencies, as released by the Central Bank of Nigeria (CBN). Full text...

  • Mauritania: Tuesday's exchange rates for Ouguiya
    30 september 2014 19:30:33
    Nouakchott, Mauritania (PANA) - Following are Tuesday's foreign exchange rates for the Mauritanian Ouguiya: Full text...

  • Gabon: Tuesday's forex rates in Central Africa
    30 september 2014 19:19:17
    Libreville, Gabon (PANA) - Following are Tuesday's exchange rates in the Central African States: Full text...

  • Libya:Tuesday's exchange rates for Libyan Dinar
    30 september 2014 19:17:27
    Tripoli, Libya (PANA) - Following are Tuesday's exchange rates for the Libyan Dinar: Full text...

  • Mauritius: Tuesday's forex rates for Rupee
    30 september 2014 18:53:07
    Port Louis, Mauritius (PANA) - Following are Tuesday's exchange rates for the Mauritian Rupee: Full text...

  • Ethiopia: Shift to 'green economy' boosting economic growth in Ethiopia
    30 september 2014 09:55:02
    Addis Ababa, Ethiopia (PANA) - Ethiopia will boost economic growth by investing in renewable energy sources, introducing new cooking technologies for the rural folk and boosting livestock trade in efforts to cut greenhouse gases, officials said Monday. Full text...

  • Senegal: Tuesday’s forex rates for Gambian Dalasis
    30 september 2014 09:45:02
    Dakar, Senegal (PANA) - Following are Tuesday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Ghana: Tuesday's exchange rates for Ghana cedi
    30 september 2014 09:32:26
    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...

  • Zambia: Kwacha predicted to trade within tight range this week
    30 september 2014 09:17:59
    Lusaka, Zambia (PANA) - The Zambian Kwacha is likely to continue to trade within a tight range for most parts of this week, according to Cavmont Bank here. Full text...

  • Tanzania: 'Zimbabwe stuck in economic hardship, despite redoubled efforts'
    30 september 2014 08:09:50
    Dar es Salaam, Tanzania (PANA) - Though the Zimbabwe government has redoubled its efforts to re-balance policies toward a stable macroeconomic environment conducive to private sector-led growth, economic conditions in the southern African country remain difficult, according to a latest assessment by staff of the International Monetary Fund (IMF). Full text...

  • Tanzania: Tuesday's forex rates for Shilling
    30 september 2014 07:06:54
    Dar es Salaam, Tanzania (PANA) - Following are Tuesday's exchange rates for the Tanzania Shilling, as issued by the Bank of Tanzania: Full text...

  • Nigeria: Monday's foreign exchange rates in Nigeria
    29 september 2014 21:31:56
    Lagos, Nigeria (PANA) - Following are the latest exchange rates for the Nigerian currency, the Naira, against other currencies, as released by the Central Bank of Nigeria (CBN). Full text...

  • Tanzania: Telecel Zimbabwe unveils hospitality, funeral cover for subscribers
    29 september 2014 18:50:00
    Dar es Salaam, Tanzania (PANA) - Zimbabwe mobile phone company, Telecel Zimbabwe has partnered insurance firm Zimnat Lion in launching a funeral and hospital insurance package called Telecare for its subscribers, according to Monday's update by global telecoms industry monitor Pyramid Research. Full text...

  • Malawi: Malawi nets US$360m from tobacco
    29 september 2014 15:39:54
    Blantyre, Malawi (PANA) - The just-ended, tobacco-selling season in Malawi has contributed at least US$361 million to the economy, almost equalling earnings from last year's sales. Full text...

  • Kenya: Kenya urges speedy conclusion of Euro EPA
    29 september 2014 14:09:17
    Nairobi, Kenya (PANA) - Kenya's Foreign Affairs Cabinet Secretary, Amina Mohamed, has called for the speedy conclusion of the Economic Partnership Agreement (EPA) with the European Union (EU). Full text...

  • Kenya: President Kenyatta negotiates direct flights to US
    29 september 2014 13:57:56
    Nairobi, Kenya (PANA) - Kenya's President Uhuru Kenyatta, has personally taken up the negotiations for direct flights to United states of America, the Ministry of Foreign Affairs and International Trade has said. Full text...

  • Ghana: Monday's exchange rates for Ghana cedi
    29 september 2014 10:44:18
    Accra, Ghana (PANA) - The following are Monday's average inter-bank exchange rates for Ghana cedi, as announced by the Ghana Association of Bankers: Full text...

  • Nigeria: Nigerian Diaspora remits US$21.5b home
    29 september 2014 10:15:56
    Lagos, Nigeria (PANA) - Nigerians in the Diaspora have remitted about US$21.5 billion to their homeland in the past two years, a contribution that was only surpassed by revenue from oil, according to chairman of the Nigerian Diaspora Organization (NIDO), America Board of Directors, Gabe Okoye. Full text...

  • Senegal: Monday’s forex rates for Gambian Dalasis
    29 september 2014 09:21:19
    Dakar, Senegal (PANA) - Following are Monday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Tanzania: Monday's forex rates for Shilling
    29 september 2014 09:01:30
    Dar es Salaam, Tanzania (PANA) - Following are Monday's exchange rates for the Tanzania Shilling, as issued by the Bank of Tanzania: Full text...

  • Mauritania: Sunday's forex rates for Ouguiya
    28 september 2014 13:13:04
    Nouakchott, Mauritania (PANA) - Following are Sunday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Nigeria: Nigeria says retention of Category 1 status opens aviation sector for investments
    27 september 2014 16:48:16
    Lagos, Nigeria (PANA) - Nigeria has said the recent retention of the Category One status of the US Federal Aviation Administration (FAA) will open up the sector for the much-needed investments. Full text...

  • Senegal: Saturday’s forex rates for Gambian Dalasis
    27 september 2014 09:03:22
    Dakar, Senegal (PANA) – Following are Saturday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Tanzania: Mali's economy revs up as security situation normalises
    27 september 2014 08:30:11
    Dar es Salaam, Tanzania (PANA) - After its zero growth in 2012 due to the insecurity crisis, Mali's economy is returning to its normal growth path, with an increase in real gross domestic product (GDP) of 5.8%, the International Monetary Fund (IMF) has confirmed. Full text...

  • Nigeria: Friday's foreign exchange rates in Nigeria
    26 september 2014 23:16:52
    Lagos, Nigeria (PANA) - Here are the latest exchange rates for the Nigerian currency, the Naira, against other currencies, as released by the Central Bank of Nigeria (CBN). Full text...

  • Tanzania: IMF staff mission hails Senegal's economic performance
    26 september 2014 20:36:06
    Dar es Salaam, Tanzania (PANA) - An International Monetary Fund (IMF) mission on Friday concluded a 10-day visit to Senegal contented with the commitment of the West African country's authorities to achieve and sustain high and inclusive growth. Full text...

  • Mali: AfDB approves two loans for Mali
    26 september 2014 20:31:07
    Bamako, Mali (PANA) – The African Development Bank (AfDB) has approved two loans totalling 36.7 billion CFAF for two projects in Mali in industrial development and agriculture sectors. Full text...

  • US: IMF says Ghana faces slowdown in economic growth, rising inflation
    26 september 2014 18:31:31
    New York, US (PANA) - The International Monetary Fund (IMF) on Friday said that Ghana is facing significant domestic and external vulnerabilities on the back of a large fiscal deficit, a slowdown in economic growth and rising inflation. Full text...

  • Mauritius: Too much sugar in the world, says Mauritian Sugar chief
    26 september 2014 15:15:40
    Port-Louis, Mauritius (PANA) - Mauritius Sugar Syndicate’s Secretary and CEO designate Devesh Dukhira, Friday told stakeholders in the island that the price of white sugar on the word market reached a five-year low of US$ 385 last week from a peak of about US$ 850 per ton on the London reference market in July 2011. Full text...

  • Mali: Mali, IMF reach agreement
    26 september 2014 15:09:21
    Bamako, Mali (PANA) – A delegation of the International Monetary Fund (IMF), on a visit to Mali, has reached an agreement with the Malian authorities, but the deal is subject to approval by the IMF board of directors when it meets in December. Full text...

  • Zambia: Kwacha weakens against US dollar
    26 september 2014 14:56:38
    Lusaka, Zambia (PANA) – The Kwacha closed Thursday's trading session at 6.215 / 6.235, which was 0.81 percent (K0.05) weaker than the day's opening rate. Full text...

  • Tunisia: Oil production drops in Tunisia
    26 september 2014 14:54:36
    Tunis, Tunisia (PANA) – Oil production in Tunisia has dropped to 57,000 barrels/day this year, says the Tunisian Minister of Industry, Energy and Mines, Kamel Ben Naceur, while presiding over the opening session of the fourth oil and gas summit in Hammamet Friday. Full text...

  • Gabon: Friday’s forex rates in Central Africa
    26 september 2014 13:59:30
    Libreville, Gabon (PANA) – Here are Friday's foreign exchange rates for the Central African States: Full text...

  • Mauritius: Friday's forex rates for Rupee
    26 september 2014 11:06:35
    Port-Louis, Mauritius (PANA) - Following are Friday's exchange rates for the Mauritian Rupee: Full text...

  • Tanzania: Cape Verde needs to prop up productivity, says IMF
    26 september 2014 11:04:45
    Dar es Salaam, Tanzania (PANA) - Cape Verde, as a new middle-income country, faces the challenge of bolstering productivity and diversification of its sources of growth over the long term, the International Monetary Fund (IMF) has observed after consultation with the country's authorities on its economic development and policies. Full text...

  • Senegal: Friday’s forex rates for Gambian Dalasis
    26 september 2014 08:50:03
    Dakar, Senegal (PANA) - Following are Friday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Tanzania: Guinea-Bissau, IMF mission reach staff-level deal on financial assistance
    26 september 2014 08:17:18
    Dar es Salaam, Tanzania (PANA) - An International Monetary Fund (IMF) mission has reached agreement with the authorities of Guinea-Bissau on an emergency programme that could be supported by the Fund's Rapid Credit Facility (RCF) to the tune of SDR 3.55 million (about CFAF 2.7 billion or US$5.4 million), the IMF said Friday. Full text...

  • Ghana: Friday's exchange rates for Ghana cedi
    26 september 2014 07:42:25
    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
    26 september 2014 07:16:37
    Dar es Salaam, Tanzania (PANA) - Following are Friday's foreign exchange rates for the Tanzania Shilling, as issued by the Bank of Tanzania: Full text...

  • Nigeria: Thursday's foreign exchange rates in Nigeria
    25 september 2014 19:28:07
    Lagos, Nigeria (PANA) - Following are the latest exchange rates for the Nigerian currency,the Naira, as released by the Central Bank of Nigeria(CBN). Full text...

  • Mauritius: Ensuring long-term viability of sugar industry
    25 september 2014 16:58:51
    Port Louis, Mauritius (PANA) – Mauritian Agro-industry and Food Security Minister Satish Faugoo said Thursday that African, Caribbean and Pacific (ACP) countries should prepare themselves to address challenges arising from the abolition of sugar production quota in the European Union, scheduled for September 2017 in the context of the Common Agricultural Policy (CAP). Full text...

  • Mauritius: Private Equity Conference opens in Mauritius
    25 september 2014 14:56:18
    Balaclava, Mauritius (PANA) – Mauritius International Trade Minister Arvin Boolell, on Thursday said that Africa is the current frontier of growth and represents great potential for Private Equity firms across the world. Full text...

  • Senegal: Cameroonian wins Africa’s premier youth entrepreneurship award
    25 september 2014 14:19:43
    Dakar, Senegal (PANA) – A young Cameroonian, Alain Nteff, was Wednesday named the grand prize winner of the fourth annual Anzisha Prize Award, receiving a US$25,000 cash prize to support his social business. Full text...

  • BADEA: Board approves US$50m projects for African nations
    25 september 2014 13:12:26
    Dakar, Senegal (PANA) - The Board of Directors of the Arab Bank for Economic Development in Africa (BADEA) has approved new projects worth US$49.964 million for the benefit of many African countries. Full text...

  • Rwanda: Thursday's exchange rates for Rwandan Franc
    25 september 2014 12:45:23
    Kigali, Rwanda (PANA) - Following are Thursday's exchange rates for the Rwandan Franc: Full text...

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