Lagos- Nigeria (PANA) -- Latest oil find by the Nigerian subsidiary of Dutch oil giant Shell, in the deep offshore block 219, holds 100 million barrels of the black gold, according to the private Comet newspaper. Full text...

Lagos- Nigeria (PANA) -- The Central Bank of Nigeria (CBN) will shortly introduce measures to strengthen and stabilise the naira, its governor, Joseph Sanusi, told an Economic and Financial Policies Management workshop Thursday in Lagos. Full text...

Douala- Cameroon (PANA) -- Making Chadian crude oil available on the international market through the Kribi oil terminal in Cameroon was postponed until 2004, the managers of the oil pipeline project revealed said in Douala. Full text...

London- UK (PANA) -- Britain has launched a financing fund worth 305-million US dollars for infrastructure construction in sub- Saharan Africa. Full text...

New York- US (PANA) -- Political and business leaders as well as top academia and civil society personalities from around the world convene Friday in New York under the aegis of the World Economic Forum to discuss global trade, investment, technology, culture, foreign policy, democracy, terrorism, governance and religion. Full text...

Port Louis- Mauritius (PANA) -- Mauritius received the 8th largest volume of Foreign Direct Investment (FDI) among African countries in 2000, an official source said Thursday in Port-Louis. Full text...

Lusaka- Zambia (PANA) -- The Common Market for Eastern and Southern Africa (COMESA) has reiterated its decision to stop accepting new membership for the Free Trade Area (FTA) after 30 April this year. Full text...

Cape Town- South Africa (PANA) -- A former commissioner of the Truth and Reconciliation Commission investigating apartheid-era atrocities has been appointed Health Adviser to the South African Chamber of Mines. Full text...

Kampala- Uganda (PANA) -- Uganda Securities Exchange (USE) rounded up 2001 with a substantial drop in both turnover and shares during the last quarter of the year (October-December), but officials remain optimistic about prospects. Full text...

Accra- Ghana (PANA) -- The Ghana Stock Exchange (GSE) All-Share Index made its biggest gain this year when it appreciated by 1. Full text...

Harare- Zimbabwe (PANA) -- Stock market regulators in Zimbabwe Wednesday amended the initial listing and other requirements to improve efficiency and standards on the bourse. Full text...

Dakar- Senegal (PANA) -- The Abidjan-based regional stock exchange closed on a fall Wednesday compared with its performance on the previous day. Full text...

Dakar- Senegal (PANA) -- Ministers of the Economic Community of West African States (ECOWAS), who have been meeting here since Monday, have identified regional projects requiring an investment of 4. Full text...

Nairobi- Kenya (PANA) -- The Nairobi Stock Exchange (NSE) recorded a heavy turnover in mid-week trading Wednesday, propelled by the Industrial and Commercial sectors. Full text...

Nouakchott- Mauritania (PANA) -- Mauritania and the Islamic Development Bank (IDB) have signed three loan agreements worth 2,860 million ouguiyas (10. Full text...

Yaounde- Cameroon (PANA) -- The People's Republic of China donated 300 million yuan (26 billion FCFA) to Cameroon for the implementation of social projects, an official source said. Full text...

Khartoum- Sudan (PANA) -- The Director General of UNIDO, Carlos Magarios is in Khartoum to discuss with government officials the progress of Sudan's national industrial strategy programme, implemented with UNIDO funding. Full text...

Niamey- Niger (PANA) -- The third Niger-Benin joint trade fair opened this week at Wadata craft industries centre in Niamey with some forty companies and more than 70 businesspeople participating. Full text...

Paris- France (PANA) -- UNESCO and the UN Economic Commission for Africa (ECA) have resolved to coordinate strategies to boost Africa's development. Full text...

Lilongwe- Malawi (PANA) -- Denmark has finally closed its embassy in Lilongwe and withdrawn all assistance to Malawi in an apparent rupture of relations between both nations. Full text...

New York- UN (PANA) -- For the global economy to remain stable, the multilateral trading system must be made to adequately address the issue of development, Zambian Foreign Minister Katele Kalumba said. Full text...

Cape Town- South Africa (PANA) -- South Africa's minerals and energy minister Humzile Mlambo-Ngcuka has initiated an African jewellery-making and craft workshop in Pretoria. Full text...

Rabat- Morocco(PANA) -- More Moroccan motorists are going for new cars instead of second-hand vehicles brought into the country by dealers, according to a recent market report. Full text...

New York- UN (PANA) -- Organisation of African Unity/African Union's secretary general Amara Essy has called for stronger collaboration between the continental body and the United Nations, especially in conflict prevention and resolution. Full text...

Lagos- Nigeria (PANA) -- A total of 7. Full text...

Nairobi- Kenya (PANA) -- A simmering trade dispute between Kenya and Sudan on one hand and Egypt on the other hand over the export of iron sheets has been solved, trade and industry minister, Nicholas Biwott said Tuesday in Nairobi. Full text...

Lusaka- Zambia (PANA) -- The Zambian government has finished putting together a task force that will look into factors that prompted Anglo American Plc to pull out of Konkola Copper Mines. Full text...

Nairobi- Kenya (PANA) -- Both the turnover and key index of the Nairobi Stock Exchange (NSE) recorded gains in brisk trading dominated by the financial sector of the market on Tuesday. Full text...

Brazzaville- Congo (PANA) -- London-based British company Bi-Water has won the bid for the National Water Corporation (SNDE) in Congo, according to an official statement issued last weekend in Brazzaville. Full text...

Dakar- Senegal (PANA) -- The West Africa Gas Pipeline would be built in 2003, it was affirmed Monday in Dakar at a meeting of Infrastructure, Energy, Environment and New Information and Communication Technologies ministers from member countries of the Economic Community of West African States (ECOWAS). Full text...

Niamey- Niger (PANA) -- Presidents Tanja Mamadou of Niger and Olusegun Obasanjo of Nigeria have enjoined their compatriots to promote a culture of tolerance and respect of human rights, and to eschew the use of force to obtain political power. Full text...

Paris- France (PANA) -- Economic Commission for Africa's executive secretary Kingsley Amoako has given full support to views by the Senegalese President, Abdoulaye Wade, that infrastructure had a crucial role to play in the continent's overall economic development. Full text...

Accra- Ghana (PANA) -- Ghana Airways is being weighed down by a debt of some 150 million dollars and needs government bailout, the state-owned Graphic reported on Monday. Full text...

Cotonou- Benin (PANA) -- Japan and Benin Monday signed two co-operation agreements in Cotonou under which Tokyo is to provide 1,451,072 FCFA (about 2 million US dollars). Full text...

Cape Town- South Africa (PANA) -- In a bid to protect its business interests and image against extortionist tendencies, South African Airways says it will take legal action against an American who is using the Internet to discredit the airline. Full text...

Lusaka- Zambia (PANA) -- The Zambian government has issued a statement assuring anxious workers at the beleaguered Konkola Copper Mines (KCM) that the mining outfit would not be closed. Full text...

Nairobi- Kenya (PANA) -- The benchmark 20-Share Index of the Nairobi Stock Exchange (NSE) gained 4. Full text...

Lusaka- Zambia (PANA) -- The Zambian kwacha suffered initial losses at the weekend as news of the impending closure of Konkola Copper Mines sent a minor tremor through the foreign exchange market. Full text...

Dakar- Senegal (PANA) -- President Abdoulaye Wade of Senegal regretted Monday in Dakar, the G8 decision to exclude the infrastructure sector from issues to be discussed within the framework of the New Partnership for Africa's Development (NEPAD). Full text...

Lusaka- Zambia (PANA) -- The Common Market for Eastern and Southern Africa (COMESA) is watching very closely the launch and operation of the single currency in Europe to draw lessons for its planned unit of exchange, an official has said. Full text...

Cape Town- South Africa (PANA) -- South African Airways says all its staff and crew on board an SAA aircraft in Nigeria's main city of Lagos were safe following a series of loud explosions near the city's airport on Sunday. Full text...

Mogadishu- Somalia (PANA) -- Struggling to stand on its own feet, Somalia's telecommunications sector took another step forward Sunday when Tel Atlantic Company started operating in Mogadishu. Full text...

Kampala- Uganda (PANA) -- Uganda's non-traditional exports were likely to supersede coffee, tea and cotton after recording a 53 percent increase in earnings last year, an official of the Bank of Uganda said here at the weekend. Full text...

Paris- France (PANA) -- The World Bank has expressed concern at the decision Friday by Anglo-American Plc to reconsider its involvement in Zambian mining interests. Full text...

Paris- France (PANA) -- The Assistant director of BRED Banque Populaire in France, Celine Bacrot, has stressed the importance of Fund Guarantee schemes to spur development financing in Africa. Full text...

Lagos- Nigeria (PANA) -- ECOWAS' proposed regional airline, ECO- AIR, is scheduled to commence operations in the first week of next April, the airline's co-coordination said Friday. Full text...

Lagos- Nigeria (PANA) -- Trading at the Nigerian Stock Exchange (NSE) was upbeat this week, with a turnover of 106. Full text...

Lusaka- Zambia (PANA) -- The Southern Africa Development Community will next week launch a forum consisting of organisations inhibiting monopoly businesses in the sub-region, a Zambian government official said Saturday in Lusaka. Full text...

Paris- France (PANA) -- United Nations Economic Commission for Africa's executive secretary Kingsley Amoako begins a two-day visit in Paris Monday to lobby for the New Partnership for Africa's Development (NEPAD). Full text...

Nairobi- Kenya (PANA) -- Kenya's premier mobile phone company, KenCell Communications, has launched a mobile internet access under a joint effort with local Internet Service Provider, Swift Global. Full text...