Economy -
  • Nigerian Naira continues downward slide
    01 november 2003 13:36:00
    Lagos- Nigeria (PANA) -- The Nigerian Naira lost a total of 2. Full text...

  • Nairobi-Bujumbura oil pipeline planned under NEPAD
    01 november 2003 13:23:00
    Bujumbura- Burundi (PANA) -- An oil pipeline is to be built to link Bujumbura, Burundi and the Kenyan capital Nairobi under the New Partnership for Africa's Development (NEPAD) project, Burundi Vice-President Alphonse Marie Kadege has announced. Full text...

  • Belgium cuts number of countries eligible for development aid
    01 november 2003 10:19:00
    Brussels- Belgium (PANA) -- Belgium has reduced to 18 from 25, the number of countries to be granted development aid in 2004, according to Co-operation Minister Marc Verwilghen. Full text...

  • BCEAO seeks autonomy from member States
    01 november 2003 09:48:00
    Dakar- Senegal (PANA) -- The West African Central Bank (BCEAO) is to initiate reforms to become autonomous of member States' governments on monetary policies, IMF Deputy Director General, Augustin Carstens said in Dakar, Senegal Friday. Full text...

  • Abidjan bourse upbeat Friday
    31 october 2003 23:45:00
    Abidjan- Cote d'Ivoire (PANA) -- Trading improved Friday at the Abidjan-based West African Regional Bourse (BRVM) compared to the previous session, with the BRVM all-share index inching up 0. Full text...

  • Rehabilitation works begin on Inga dam
    31 october 2003 22:42:00
    Kinshasa- RD Congo (PANA) -- Energy minister Jean-Pierre Kalema Losona has launched the repair works on power generators at the Inga dam in Bas-Congo, reliable sources indicated here Friday. Full text...

  • Annual sugar production below projection in Mozambique
    31 october 2003 22:00:00
    Maputo- Mozambique (PANA) -- Mozambique's sugar production this year would be 230,000 tons, 11,000 tons below projected target, national news agency, AIM reported Friday, quoting the National Sugar Institute. Full text...

  • CEMAC Intellectual Property workshop ends in Bangui
    31 october 2003 20:49:00
    Bangui- Central African Republic (PANA) -- Some 40 experts on taxation, Customs and trade from six countries of the Central African Economic and Monetary Community (CEMAC) Friday ended an 11-day workshop in Bangui on intellectual property and customs duties related to trade. Full text...

  • Annan worries over capital flight from poor to rich countries
    31 october 2003 18:23:00
    New York- UN (PANA) -- UN Secretary General Kofi Annan has challenged the General Assembly to address capital flight from the developing to rich nations. Full text...

  • ADF finances rural electrification in Benin
    31 october 2003 17:30:00
    Dakar- Senegal (PANA) -- The African Development Fund (ADF) has approved a loan of US$17. Full text...

  • ADF loans Malawi US$19.5 million to upgrade roads
    31 october 2003 17:18:00
    Dakar- Senegal (PANA) -- The African Development Fund (ADF) has approved a loan of US$19. Full text...

  • Iran to give credit line to Zimbabwe
    31 october 2003 17:17:00
    Harare- Zimbabwe (PANA) -- Iran said on Friday that it would give a 20 million US dollar credit line to Zimbabwe to allow it to import a variety of goods from the Middle East country. Full text...

  • Lesotho gets $15 million ADF loan for road project
    31 october 2003 17:07:00
    Dakar- Senegal (PANA) -- Lesotho is to benefit from a $15. Full text...

  • ADB endorses loan to Kenyan bank
    31 october 2003 16:56:00
    Dakar- Senegal (PANA) -- The African Development Bank (ADB) has approved a loan of US$7 million to finance a line of credit to CFC Bank Limited (CFC) in Kenya. Full text...

  • Inflation drops by 2% in Uganda
    31 october 2003 16:44:00
    Kampala- Uganda (PANA) -- Despite a prolonged drought that has affected production levels of staple foods over the past two months, Uganda recorded yet another inflation rate reduction of 2. Full text...

  • South African investors tour Chad
    31 october 2003 16:26:00
    N'djamena- Chad (PANA) -- Financial managers of the South African Industrial Development Corporation (IDC) Friday continued a familiarisation tour of Chad to acquaint themselves with investment opportunities in the country. Full text...

  • Mauritius records half million tourists in nine months
    31 october 2003 16:12:00
    Port-Louis- Mauritius (PANA) -- About 500,846 tourists visited Mauritius between January and September 2003, representing a 3. Full text...

  • Fish exhibition in South Africa showcases industry updates
    31 october 2003 16:05:00
    Cape Town- South Africa (PANA) -- The fourth international Fish Africa Exhibition wrapped up its three-day exhibition Friday featuring updates in the industry. Full text...

  • Benin sets up private investors council
    31 october 2003 15:48:00
    Cotonou- Benin (PANA) -- Benin Private Investors Council (CPIB), responsible to define a new socio-economic trend in the country, has been set up by several heads of French firms in the West African nation. Full text...

  • Angola hosts OMAOC ministerial conference
    31 october 2003 14:35:00
    Luanda- Angola (PANA) -- The 12th ministerial conference of the West and Central African Maritime Organisation (OMAOC) is underway in Luanda, Angola, discussing issues related to the implementation of sub-regional projects. Full text...

  • France earmarks E112 million for water, power in Kenya
    31 october 2003 14:26:00
    Nairobi- Kenya (PANA) -- France will give Kenya 112 million euros in grants and soft loans to help rehabilitate water supply systems and finance a major rural electrification project, the French Embassy in Nairobi said Friday. Full text...

  • States ponder change of 'CFA Franc' label, says BCEAO governor
    31 october 2003 11:59:00
    Paris- France (PANA) -- African States of the franc zone are contemplating removal of the term "franc" to refer to their currency as the CFA, according to Central Bank of West African States (BCEAO) governor, Charles Konan Banny. Full text...

  • Two African countries exhibit at Paris chocolate fair
    31 october 2003 11:17:00
    Paris- France (PANA) -- Côte d'Ivoire and Sao Tomé and Principe, representing Africa at the 9th Paris Chocolate Fair, have been exhibiting a variety of traditional products made of cocoa since the show kicked off in the French capital Wednesday. Full text...

  • US to finance reconstruction of Sudan
    30 october 2003 22:46:00
    Nairobi- Kenya (PANA) -- Washington will prop the reconstruction of Sudan if a compressive peace deal is signed before the year runs out, Andres Natsios of the US Agency for International Development (USAID) affirmed here Thursday. Full text...

  • Zambia improves trade with COMESA countries
    30 october 2003 18:47:00
    Lusaka- Zambia (PANA) -- Zambia recorded a 47-percent growth in exports to fellow countries of the Common Market for Eastern and Southern Africa (COMESA), with the biggest earnings (9. Full text...

  • Malawi seeks tariff-free trade with Tanzania
    30 october 2003 18:10:00
    Blantyre- Malawi (PANA) -- Malawi is seeking the abolition of all tariffs in bilateral trade with Tanzania under a draft agreement. Full text...

  • Botswana, neighbours to open major shipping route to Europe
    30 october 2003 16:09:00
    Gaborone- Botswana (PANA) -- A transport route connecting South Africa, Botswana and Namibia, and expected to shorten shipping time to America and Europe, is to be opened soon. Full text...

  • Mauritian agency revises 2003 GDP downwards
    30 october 2003 15:48:00
    Port Louis- Mauritius (PANA) -- The Mauritian Central Office of Statistics (CSO) has revised downwards the Gross Domestic Product (GDP) growth estimate for 2003, the agency announced here Thursday. Full text...

  • Nigerian Customs impound US$7 million contraband
    30 october 2003 15:28:00
    Lagos- Nigeria (PANA) -- The Nigerian Customs Service has impounded about 900 million Naira (about seven million US dollars) worth of textile materials and other goods allegedly smuggled into the country by Chinese traders based in Lagos. Full text...

  • Prices of consumer goods drop in Nigeria
    30 october 2003 15:19:00
    Lagos- Nigeria (PANA) -- Average prices of consumer goods and services in Nigeria dropped in August 2003, as the Composite Consumer Price Index (CPI) for the month dropped by 1. Full text...

  • Madagascar targets 272 tonnes of crayfish export in 2003
    30 october 2003 14:15:00
    Antananarivo- Madagascar (PANA) -- The Grande Island plans to export some 272 tonnes of crayfish in 2003, representing a rise of 15 percent compared to 2002, official sources have said. Full text...

  • IMF puts Swaziland on red alert
    30 october 2003 13:39:00
    Mbabane- Swaziland (PANA) -- Fiscal indiscipline and unwarranted expenditure has plunged Swaziland's ailing economy into the red, the International Monetary Fund (IMF) has warned. Full text...

  • Uganda re-imposes ban on small fish catching
    30 october 2003 13:27:00
    Kampala- Uganda (PANA) -- Ugandan President Yoweri Museveni has reinstated a ban on the catching and trading in small (immature) fish in Uganda following pressure from various stakeholders. Full text...

  • IMF, Gabon work to tackle corruption
    30 october 2003 12:40:00
    Libreville- Gabon (PANA) -- While Gabon awaits the signing of a confirmation agreement with the International Monetary Fund (IMF) in early 2004, the Fund has organised a seminar for members of the country's national commission on the fight against corruption and poverty. Full text...

  • EU allots 394 million euro for development in Ethiopia
    30 october 2003 10:10:00
    Addis Ababa- Ethiopia (PANA) -- The European Union (EU) has set aside 394 million euro (about $459. Full text...

  • Emigrants account for 13.6 percent of Cape Verde's GDP
    29 october 2003 23:53:00
    Praia- Cape Verde (PANA) -- Money transferred home by Cape Verde nationals working abroad represented 13. Full text...

  • Cote d'Ivoire, Mali sign transport agreement
    29 october 2003 21:20:00
    Abidjan- Cote d'Ivoire (PANA) -- Cote d'Ivoire and Mali have signed an agreement to ease transportation between them, official sources said in Abidjan. Full text...

  • Official hopeful on ECOWAS single monetary zone
    29 october 2003 21:05:00
    Accra- Ghana (PANA) -- The political will so far exhibited by leaders of the West African sub-region is a boost to the single monetary zone concept of the West African Monetary Institute (WAMI), Michael Ojo, WAMI Director General said in Accra Wednesday. Full text...

  • Mixed reactions to Ghana/South African gold firms' merger
    29 october 2003 20:41:00
    Accra- Ghana (PANA) -- Ghanaians Wednesday gave a mixed reaction to the cabinet's decision to endorse the merger of the country's multinational gold mining company, Ashanti Goldfields Company (Ashanti) with South African company Anglogold. Full text...

  • Zimbabwe sets up taskforce to crack down on forex dealers
    29 october 2003 20:09:00
    Harare- Zimbabwe (PANA) -- A ministerial taskforce set up to crack down on illegal foreign currency dealings in Zimbabwe Wednesday invited information from companies and the public on alleged under-hand transactions blamed for the country's economic woes. Full text...

  • EU pledges 'impartial' observers for Mozambican poll
    29 october 2003 19:30:00
    Maputo- Mozambique (PANA) -- The European Union (EU) Wednesday in Maputo pledged that its observer mission would be impartial and would not interfere in Mozambique's internal affairs, during the country's November municipal elections. Full text...

  • Chissano launches power facility in central Mozambique
    29 october 2003 19:03:00
    Maputo- Mozambique (PANA) -- Mozambican President Joaquim Chissano has launched a new power supply system in Morrumbala, in the central province of Zambezia, saying the project would create opportunities to relaunch the processing of agricultural produce in the district, and contribute to poverty alleviation in the country. Full text...

  • Kenya to host NEPAD regional office
    29 october 2003 16:23:00
    Nairobi- Kenya (PANA) -- Eastern African leaders Wednesday endorsed Kenya to host the regional headquarters of the New Partnership for Africa's Development (NEPAD). Full text...

  • African countries challenged to improve air transport
    29 october 2003 15:55:00
    Nairobi- Kenya (PANA) -- Africa must implement new strategies to exploit the immense potential it has in the air transport sector to boost economic growth, Kenyan Transport and Communication minister John Michuki said here Wednesday. Full text...

  • West, Central Africa maritime ministers meet in Luanda
    29 october 2003 11:42:00
    Luanda- Angola (PANA) -- A two-day ministerial meeting of Transport Ministers of the West and Central African Maritime Organisation (OMAOC) convenes here 30-31 October, organisers have said. Full text...

  • Volvo to supply Tunis 91 buses
    29 october 2003 11:08:00
    Tunis- Tunisia (PANA) -- Société Nationale de Tunis (SNT) and Volvo Buses have signed two contracts for the supply of 91 buses to the North African nation, sources at the state-owned company and the local branch of the Swedish carmaker said Wednesday. Full text...

  • Bangladesh nationals barred entry into Malawi
    29 october 2003 11:02:00
    Blantyre- Malawi (PANA) -- Immigration authorities in Malawi have barred four Bangladesh nationals aboard a Kenya Airways flight from entering the country as tourists. Full text...

  • Kibaki expands Goldenberg inquiry team
    29 october 2003 10:47:00
    Nairobi- Kenya (PANA) -- After a week of uncertainties, the commission of inquiry investigating the 210 million US dollars scandal Wednesday seemed set to take off after President Mwai Kibaki appointed new commissioners to the probe. Full text...

  • Portugal sets up investment promotion centre in Luanda
    29 october 2003 10:25:00
    Luanda- Angola (PANA) -- Portuguese Economy Minister Carlos Tavares has inaugurated an investment promotion centre here to provide services to Portuguese entrepreneurs seeking to do business in Angola. Full text...

  • South African wine industry appoints chairperson
    29 october 2003 09:31:00
    Cape Town- South Africa (PANA) -- Maxwell Maisela, a prominent South African businessman, industry leader and transformation specialist, has been appointed chairperson of the South African Wine and Brandy Company (SAWB). Full text...

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


xhtml CSS