Economy -
  • Dakar to host conference on oil, gas, mines
    23 may 2003 07:38:00
    Luanda- Angola (PANA) -- Dakar will from 19 to 22 June host an international conference on oil, gas and mines aimed at promoting private investment in the sector, visiting Senegalese Mines, Water and Power ministry official Idrissa Bodian said here Thursday. Full text...

  • World Bank restates support for Cameroon's recovery
    22 may 2003 23:48:00
    Yaounde- Cameroon (PANA) -- The World Bank vice president for Africa, Callisto Madavo, has said the bank would continue to support Cameroon in its economic recovery and fight against poverty. Full text...

  • African oil producers urged to rationally use revenue
    22 may 2003 23:24:00
    Luanda- Angola (PANA) -- A UN Conference on Trade and Development (UNCTAD) official in Luanda has urged African oil producing countries to rationally inject their earnings into the continent's development. Full text...

  • Wade urges African private sector to help finance NEPAD
    22 may 2003 22:53:00
    Dakar- Senegal (PANA) -- Senegalese president Abdoulaye Wade Thursday urged the African private sector to join in financing the New Partnership for Africa's Development (NEPAD) and serve as a driving force for the continent's development. Full text...

  • Amoako pays three-day official visit to Ghana
    22 may 2003 19:52:00
    Dakar- Senegal (PANA) -- Economic Commission for Africa Executive Secretary K. Full text...

  • Nigerian Stock Exchange Daily Equities Transactions
    22 may 2003 18:45:00
    Lagos- Nigeria (PANA) -- A turnover of 19. Full text...

  • Comesa envisages African Customs Union
    22 may 2003 18:23:00
    Nairobi- Kenya (PANA) -- The stage appears set for the formation of an African Customs Union, an official at the Common Markets for Eastern and Southern Africa (COMESA) said here Thursday. Full text...

  • Big names cited in Kenya's multi-million dollar scam
    22 may 2003 18:05:00
    Nairobi- Kenya (PANA) -- A former intelligence chief, William Kivuvani, was on Thursday summoned to appear before a commission to explain the disappearance of files containing information incriminating Gideon Moi, the younger son of former President Daniel arap Moi, in a business scam involving millions of dollars. Full text...

  • COMESA sees need for partnership with EU
    22 may 2003 17:55:00
    Nairobi- Kenya (PANA) -- The Common Markets for East and Southern Africa (COMESA) Secretariat has urged all its member states to enter into Economic an Partnership Agreements with the European Union to facilitate the sale of their products in the European markets. Full text...

  • Zambia sends diamond samples for analysis abroad
    22 may 2003 17:41:00
    Lusaka- Zambia (PANA) -- Zambia has at last pinpointed the Kimberlite pipes which could be the primary source of alluvial diamonds that have over the years been found in much of the western half of the country, according to Mines Minister Kaunda Lembalemba. Full text...

  • SAA concerned by liquidation of Nigeria Airways
    22 may 2003 16:21:00
    Cape Town- South Africa (PANA) -- South African Airways (SAA) on Thursday expressed its concern at the liquidation of Nigeria Airways, its former alliance partner with whom it still has a co-operation agreement. Full text...

  • Zimbabwe stock market doubles in five months
    22 may 2003 15:42:00
    Harare- Zimbabwe (PANA) -- Zimbabwe's stock market is on a sustained bull run, growing by more than 100 percent inside five months, but economists said on Thursday the trend did not reflect good performance by listed companies. Full text...

  • ILO official says world community has sidelined Somalia
    22 may 2003 13:47:00
    Nairobi- Kenya (PANA) -- The international community has abandoned the war-torn Somalia and turned its support to Iraq and other recent trouble spots, an International Labour Organisation (ILO) representative on conflict resolution, Joe Connolly, has claimed here. Full text...

  • Zimbabwe company to open new coal mine
    22 may 2003 11:27:00
    Harare- Zimbabwe (PANA) -- A Zimbabwean company said Thursday it plans to invest 88 million US dollars in a new underground coal mine in the northwest of the country to increase output. Full text...

  • Breakthrough in electricity generation among Nile countries
    22 may 2003 10:50:00
    Dar es Salaam- Tanzania (PANA) -- Countries bound together by the River Nile look set for a major breakthrough in electricity generation should a regional power trade project launched Wednesday in Dar es Salaam work out. Full text...

  • Nigeria spends 200 billion Naira on power company in 4 years
    22 may 2003 10:17:00
    Lagos- Nigeria (PANA) -- Nigeria's state-owned power company NEPA has spent 200,000 million Naira (1,535 million US dollars) on electricity generation, distribution and transmission in the last four years, managing director Joseph Makoju said in an interview published here Thursday. Full text...

  • EC to support Burundi's agro-sector, peace process
    21 may 2003 23:51:00
    Bujumbura- Burundi (PANA) -- Burundi and the European Commission (EC) Wednesday signed an accord granting 12 million euro to the African country to bolster its agricultural sector and peace process. Full text...

  • Yaounde hosts seminar on ACP, EU cooperation
    21 may 2003 23:08:00
    Yaounde- Cameroon (PANA) -- A regional seminar of non-state actors in African, Caribbean and Pacific (ACP) countries and the European Union (EU) opened Wednesday in Yaounde, with about 100 participants from 20 countries attending. Full text...

  • Bamako to host IMF regional assistance centre
    21 may 2003 21:05:00
    Bamako- Mali (PANA) -- Bamako, the Malian capital, has been selected to host the International Monetary Fund (IMF) regional assistance centre, the Malian economy and finance ministry said Wednesday in a statement. Full text...

  • Belgium advises tourists to avoid Kenyan destination
    21 may 2003 21:01:00
    Brussels- Belgium (PANA) -- Belgian foreign ministry officials have advised its nationals to avoid travelling to Kenya in view of impending terrorist attacks against the East African country. Full text...

  • Standchart gain boosts All-Share Index in Accra
    21 may 2003 20:37:00
    Accra- Ghana (PANA) -- A huge gain on Wednesday by Standard Chartered Bank (SCB), the highest priced equity on the Ghana Stock Exchange (GSE), gave a big shot to the All-Share Index although traded volumes hit another low mark. Full text...

  • Third Asian business session underway in Accra
    21 may 2003 20:29:00
    Accra- Ghana (PANA) -- The Third Asian Business Session is underway in Accra to forge South-South cooperation between Ghana and Asia through the promotion of private sector investment and technology transfer. Full text...

  • Senegal River basin summit ends in Nouakchott
    21 may 2003 20:24:00
    Nouakchott- Mauritania (PANA) -- Heads of state from Mali, Mauritania and Senegal on Wednesday concluded the 13th summit of the Senegal River Basin Development Organization (OMVS) after adopting new guidelines on the joint body's operations. Full text...

  • Kibaki assures envoys, donors of Kenya's economic resolve
    21 may 2003 19:22:00
    Nairobi- Kenya (PANA) -- Diplomatic representatives and top World Bank officials held consultations here Wednesday with President Mwai Kibaki and senior aides concerning the government's economic game plan. Full text...

  • Kenya's flower exporters rue strong Shilling
    21 may 2003 19:03:00
    Nairobi- Kenya (PANA) -- Flower exporters here suffered huge losses following last week's bullish run of the shilling against the US dollar, Kenya Flower Council (KFC) chairman Erastus Mureithi indicated Wednesday. Full text...

  • Mozambicans invited to invest in Sao Tome's oil sector
    21 may 2003 18:54:00
    Maputo- Mozambique (PANA) -- Visiting Sao Tome and Principe President Fradique de Menezes has invited Mozambican business people to take part in building an ever stronger economy in his country particularly in the emerging oil sector. Full text...

  • Tunisian telecom outfit anticipates rise in profits
    21 may 2003 18:29:00
    Djerba- Tunisia (PANA) -- Tunisia's telecommunications engineering firm Sotetel expects net profits to grow 5. Full text...

  • Wednesday's trading at Nigerian stock exchange
    21 may 2003 16:38:00
    Lagos- Nigeria (PANA) -- The Nigerian Stock Exchange (NSE) Wednesday exchanged 20. Full text...

  • Tunisia upgrades power output to 20 megawatts
    21 may 2003 16:30:00
    Tunis- Tunisia (PANA) -- The second and last phase of Tunisia's Hawaria power station has been completed to add 12 new turbines to the existing 32 that increased production capacity to 20 megawatts of electricity. Full text...

  • Ghana to host panel centre on airworthiness
    21 may 2003 16:15:00
    Accra- Ghana (PANA) -- Ghana has been selected as headquarters of the Airworthiness Panel Centre that will coordinate the promotion and implementation of aviation safety oversight across Africa. Full text...

  • Pretoria hosts Southern African confab on TICAD III
    21 may 2003 15:59:00
    Cape Town- South Africa (PANA) -- Ahead of the 3rd Tokyo International Conference on African Development (TICAD III), a sub-regional meeting opens Thursday in Pretoria to discuss the continent's priorities. Full text...

  • Trading stays upbeat at Nairobi stock exchange
    21 may 2003 15:40:00
    Nairobi- Kenya (PANA) -- Some 1. Full text...

  • Tunisia, Algeria, Morocco to integrate power markets
    21 may 2003 15:32:00
    Djerba- Tunisia (PANA) -- Sequel to a meeting in Anthens of Mediterranean and European Union (EU) Energy ministers, Tunisia, Algeria and Morocco are considering the integration of their electricity markets, EU sources affirmed Wednesday. Full text...

  • Inflation surges to nearly 270 percent in Zimbabwe
    21 may 2003 15:30:00
    Harare- Zimbabwe (PANA) -- Against the backdrop of tight food supplies, and sharp fuel price increases, annualised inflation in Zimbabwe soared 41. Full text...

  • Zimbabwe miner loses millions of dollars in power cut
    21 may 2003 14:08:00
    Harare- Zimbabwe (PANA) -- Zimbabwe's biggest gold producing company said on Wednesday that it had lost millions of dollars in damaged equipment and lost production after the country's power utility cut off electricity over contested bills. Full text...

  • Zimbabwe bank buys UK financial services outfit
    21 may 2003 14:02:00
    Harare- Zimbabwe (PANA) -- One of Zimbabwe's biggest banks said on Wednesday that it was acquiring a controlling 63 percent stake in an unnamed British financial services company in the latest of a string of offshore investments by banks from the southern African country. Full text...

  • Kenya's small domestic market hampering its growth
    21 may 2003 09:25:00
    Nairobi- Kenya (PANA) -- Kenya's small domestic market is one of the constraining factors to the country's rapid economic growth, an official said here on Wednesday. Full text...

  • British business delegation tours Mauritius
    20 may 2003 23:22:00
    Port Louis- Mauritius (PANA) -- A delegation from the London Chamber of Commerce is on its second day of a four-day to prospect business opportunities in Mauritius, particularly in the financial services sector. Full text...

  • London Chamber of commerce explores Mauritian market
    20 may 2003 23:06:00
    Port-Louis- Maurice (PANA) -- A delegation of the London Chamber of Commerce (LCC) has arrived in Mauritius on a four-day visit to study the Mauritian market, mainly its financial services sector, officials said in Port-Louis Tuesday. Full text...

  • Japan grants two billion FCFA to Niger
    20 may 2003 22:51:00
    Niamey- Niger (PANA) -- The Japanese government Tuesday announced a grant of over two billion FCFA intended to serve as food aid support and debt reduction for Niger. Full text...

  • Terrorist threat inflicts financial toll on Kenya
    20 may 2003 21:15:00
    Nairobi- Kenya (PANA) -- Kenya has lost about $14. Full text...

  • African export bank shareholders meet in Lusaka Friday
    20 may 2003 20:57:00
    Lusaka- Zambia (PANA) -- The African Export-Import Bank (AFREXIMBANK) convenes its tenth shareholders' general meeting in the Zambian capital, Lusaka from 23-24 May, the bank's president Christopher Edordu said in a statement Tuesday. Full text...

  • Mozambican tourism to cash on African Union summit
    20 may 2003 20:37:00
    Maputo- Mozambique (PANA) -- Next July's summit of the African Union (AU) in Maputo is expected to generate US$ 12 million in tourism revenue, the Mozambican Tourism Minister Fernando Sumbana has predicted. Full text...

  • Donors study resumption of hydro dam in Sierra Leone
    20 may 2003 20:31:00
    Freetown- Sierra Leone (PANA) -- A high-powered delegation from the World Bank, African Development Bank and the Italian government is here to study means to complete the Bumbuna Hydro electric dam in Tonkolili district in northern Sierra Leone. Full text...

  • Appreciating shilling worries Kenyan tea farmers
    20 may 2003 20:09:00
    Nairobi- Kenya (PANA) -- Kenyan tea farmers feared an eminent collapse of tea processing factories as the local shilling currency continues to appreciate against the greenback, gaining as much as 12. Full text...

  • Iran gives Zimbabwe over US$ 14 million credit
    20 may 2003 20:08:00
    Harare- Zimbabwe (PANA) -- Iran Tuesday gave Zimbabwe a line of credit of ZWD12 billion (over US$ 14. Full text...

  • Malagasy records increased rice yield
    20 may 2003 19:32:00
    Saint-Denis- Reunion (PANA) -- Madagascar's rice production has markedly increased in the 2002-2003 farming season, noted speakers at the traditional ceremony to present the farming season results, dubbed "Santa Bary," press reports said Tuesday. Full text...

  • Islamic body to fund small companies in Mozambique
    20 may 2003 19:29:00
    Maputo- Mozambique (PANA) -- The Organization of the Islamic Conference (OIC) is prepared to support small and medium size companies in Mozambique through the Islamic Development Bank (IDB). Full text...

  • Mauritania hosts 13th River Senegal basin summit
    20 may 2003 19:12:00
    Nouakchott- Mauritania (PANA) -- Mauritanian President Maaouya ould Sid'Ahmed Taya on Tuesday urged member states of the Senegal River Basin Development Organisation (OMVS) to utilise the joint organ for the promotion of food self-sufficiency in the sub-region. Full text...

  • China, Sudan to invest $1 billion in Khartoum refinery
    20 may 2003 19:12:00
    Khartoum- Sudan (PANA) -- China National Petroleum Corp (CNPC) plans to invest one billion dollars jointly with Sudan to create the African country's largest oil refinery, the state-owned media reported Tuesday. Full text...

parcours parcours [568] [569] [570] [571] [572] [573] parcours parcours


xhtml CSS