Economy -
  • 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...

  • Friday's forex rates for Gambian Dalasis
    12 april 2013 15:39:47
    Dakar, Senegal (PANA) – Following are Friday's forex rates for the Gambian currency, the Dalasis (D): Full text...

  • Friday's exchange rates in Zambia
    12 april 2013 12:49:10
    Lusaka, Zambia (PANA) - Following are Friday's exchange rates for the Zambian kwacha: Full text...

  • Friday’s forex for Rwandan Franc
    12 april 2013 11:57:12
    Kigali, Rwanda (PANA) - Following are Friday's exchange rates for the Rwandan franc: Full text...

  • Friday’s forex rates for Mauritian rupee
    12 april 2013 11:53:39
    Port-Louis, Mauritius (PANA) - Following are Friday's exchange rates for the Mauritian rupee: Full text...

  • Tanzania's forex rates Friday
    12 april 2013 07:55:50
    Dar es Salaam, Tanzania (PANA) - Following are Friday's exchange rates for the Tanzanian shilling: Full text...

  • Thursday's forex rates in Nigeria
    11 april 2013 19:06:38
    Lagos, Nigeria (PANA) - Here are Thursday's foreign exchange rates for the Nigerian currency, the Naira: Full text...

  • IMF delegation ends 6-day visit to Gambia
    11 april 2013 18:14:26
    Dakar, Senegal (PANA) – A delegation from the International Monetary Fund (IMF), led by David Dunn, Wednesday concluded a six-day working visit to the Gambia during which it met with President Yahya Jammeh and senior Gambian government officials. Full text...

  • Aggreko-Shanduka named Africa’s best fast track power project
    11 april 2013 15:07:54
    Johannesburg, South-Africa (PANA) - The Aggreko-Shanduka cross-border power project, located at Ressano Garcia in Mozambique, has been named Africa’s Best Fast Track Power Project in 2012, organizers of the African Energy Awards ceremony indicated here Thursday. Full text...

  • Zuma to attend SACU summit in Gaborone
    11 april 2013 13:29:56
    Cape Town, South Africa (PANA) – President Jacob Zuma will on Friday attend the Southern African Customs Union (SACU) Summit in Gaborone, Botswana, presidential spokesman Mac Maharaj, has indicated. Full text...

  • Libya grants US$ 2 billion loan to Egypt
    11 april 2013 11:52:04
    Tripoli, Libya (PANA) - Libya has granted an interest free loan, worth US$ 2 billion, to Egypt under an agreement signed Wednesday in Cairo, the Egyptian news agency, MENA, reported, quoting an official from the Libyan Finance ministry. Full text...

  • Thursday’s forex rates for Central African CFA
    11 april 2013 11:47:07
    Libreville, Gabon (PANA) – Here are Thursday's foreign exchange rates for the CFA in central African States: Full text...

  • Thursday’s forex rates for Mauritanian Ouguiya
    11 april 2013 11:45:18
    Nouakchott, Mauritania (PANA) – Following are Thursday's foreign exchange rates for the Mauritanian Ouguiya: Full text...

  • Entries for NEPAD essay, photo competitions on
    11 april 2013 11:24:49
    Lagos, Nigeria (PANA) - The New Partnership for Africa’s Development (NEPAD), in partnership with the Technical Centre for Agriculture and Rural Cooperation (CTA), has invited entries for its photo and essay competition, according to a statement from the organization, received by PANA here Thursday. Full text...

  • Tanzania's forex rates Thursday
    11 april 2013 07:26:20
    Dar es Salaam, Tanzania (PANA) - Following are Thursday's exchange rates for the Tanzanian shilling: Full text...

  • Shortage of gas, fuel hits Libreville
    10 april 2013 17:29:35
    Libreville, Gabon (PANA) – Following the growing demand for oil products in Gabon, the current production capacity of 6,000 cubic metres will meet demands for only three days instead of the previous six days, the managing director of the Gabonese refinery company (SOGARA), Pierre Reteno Ndiaye, told a news conference here Wednesday. Full text...

  • 2 oil companies sign agreement to develop oil field in Congo
    10 april 2013 17:15:59
    Brazzaville, Congo (PANA) – French oil industry engineering company, Technip, and Total oil company have signed a contract, worth 500 million Euros, for the development of the offshore oil deposit at Moho-North in Congo. Full text...

  • EU grants Mauritania 6 million euros for transport sector
    10 april 2013 17:00:36
    Nouakchott, Mauritania (PANA) – The European Union (EU) has granted Mauritania 6 million Euros to enable the African country further develop its transport sector, official sources told PANA here Wednesday. Full text...

  • Tripoli hosts conference on oil and gas
    10 april 2013 14:00:29
    Tripoli, Libya (PANA) - A national symposium on "funding mechanisms, sources and investment prospects in Libya’s oil and gas sector" will be held 14-15 April in Tripoli, the Libyan capital, the Libyan National Oil Company indicated in a statement issued here Wednesday. Full text...

  • Tanzania’s energy minister holds investment talks with EU officials
    10 april 2013 13:49:28
    Dar es Salaam, Tanzania (PANA) – Further engagement of the European Union (EU) in the promotion of investments and reforms in Tanzania’s energy sector will be the central focus of discussions between EU officials and Tanzania’s Minister for Energy and Minerals, Prof. Sospeter M. Muhongo, who Wednesday began a three-day visit to EU institutions in Brussels, Belgium. Full text...

  • Wednesday’s forex rates for Central African CFA Franc
    10 april 2013 13:41:33
    Libreville, Gabon (PANA) – Following are Wednesday's foreign exchange rates for the CFA Franc in Central Africa: Full text...

  • Wednesday's forex rates for Gambian Dalasis
    10 april 2013 13:08:30
    Dakar, Senegal (PANA) - Following are Wednesday's forex rates for the Gambian currency, the Dalasis (D): Full text...

  • Wednesday’s forex rates for Mauritanian Ouguiya
    10 april 2013 11:14:46
    Nouakchott, Mauritania (PANA) - Following are Wednesday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Tanzania's forex rates Wednesday
    10 april 2013 09:02:30
    Dar es Salaam, Tanzania (PANA) - Following are Wednesday's exchange rates for the Tanzanian shilling: Full text...

  • US to host economic forum on South Sudan
    09 april 2013 19:34:40
    New York, US (PANA) - An economic forum will hold next week in Washington DC, US, to give policy makers insight into how South Sudan can chart its economic future, a US State Department statement said on Tuesday. Full text...

  • Latest forex rates for Mauritanian Ouguiya
    09 april 2013 15:22:22
    Nouakchott, Mauritania (PANA) – Following are Tuesday's foreign exchange rates for Mauritanian Ouguiya: Full text...

  • Tuesday’s forex rates for Mauritian rupee
    09 april 2013 15:12:21
    Port-Louis, Mauritius (PANA) – Following are Tuesday's foreign exchange rates for the Mauritian rupee: Full text...

  • Workshop on control of natural resources in Central Africa holds in Brazzaville
    09 april 2013 14:41:32
    Brazzaville, Congo (PANA) - A sub-regional workshop on the management and fiscal control of natural resources in Central Africa opened Monday in Brazzaville, Congo, with a view to developing new strategies likely to improve the sector, according to an official statement issued here Tuesday. Full text...

  • 'Nigeria spends 88b naira on rice, sugar importation in three months'
    09 april 2013 11:39:35
    Lagos, Nigeria (PANA) - Nigeria spent 88.15 billion naira to import rice and raw cane sugar into the country in the last quarter of 2012, the National Bureau of Statistics (NBS) said in its fourth quarter 2012 trade statistics (US$1=155 naira). Full text...

  • Tuesday's exchange rates in Zambia
    09 april 2013 11:07:18
    Lusaka, Zambia (PANA) - Following are Tuesday's exchange rates for the Zambian kwacha: Full text...

  • Tunisie Telecom. Alcatel-Lucent set superfast broadband speed throughout Tunisia
    09 april 2013 09:27:25
    Dar es Salaam, Tanzania (PANA) - Global telecommunications equipment company Alcatel-Lucent and Tunisie Telecom, Tunisia’s leading telecommunications provider, have successfully completed the trial of super-fast broadband services using advanced Alcatel-Lucent’s VDSL2 vectoring technology. Full text...

  • Cotonou to hold 'Islamic Development Bank days'
    08 april 2013 20:59:31
    Cotonou, Benin (PANA) – Cotonou will hold a two-day "Islamic Development Bank (IDB) days" from Tuesday to strengthen cooperation between the bank and Beninese public and private stakeholders, official sources told PANA on Monday in the Benin capital. Full text...

  • Gambian Airlines launch new Banjul-Bamako route
    08 april 2013 17:11:17
    Bamako, Mali (PANA) - Gambian bird Airlines, a subsidiary of the Germany-based airlines, Germania, has launched the Banjul-Bamako route, according to a communiqué issued by the company on Monday. Full text...

  • Monday’s forex rates for Mauritian rupee
    08 april 2013 16:56:19
    Port-Louis, Mauritius (PANA) – Following are Monday's foreign exchange rates for the Mauritian rupee: Full text...

  • Libyan airline to launch flights to Niger in April
    08 april 2013 16:52:45
    Tripoli, Libya (PANA) - Libyan carrier, Afriqiyah Airways, plans to extend its services to Niamey, the Nigerien capital, later this month, according to the Libyan Minister of Transport, Abdel Kader Mohamed. Full text...

  • Monday's forex rates for Gambian Dalasis
    08 april 2013 14:15:28
    Dakar, Senegal (PANA) – Following are Monday's foreign exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Monday’s forex rates for Mauritanian Ouguiya
    08 april 2013 12:54:19
    Nouakchott, Mauritania (PANA) - Following are Monday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Africa attracted US$1.1b private equity finance in 2012
    08 april 2013 11:59:33
    Lagos, Nigeria (PANA) - Two African economic giants, South Africa and Nigeria, lead other countries on the continent in attracting US$1.1 billion private equity (PE) finance last year, according to a survey carried out by KPMG, a private consulting firm, based in Nigeria's commercial city of Lagos. Full text...

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