Economy -
  • BADEA approves funding for African projects
    14 june 2004 13:05:00
    Dakar- Senegal (PANA) -- The Board of Governors of the Arab Bank for Economic Development in Africa (BADEA) has approved 11 new development aid agreements worth 33. Full text...

  • Nigerian fuel marketers renege on agreed prices
    14 june 2004 12:03:00
    Lagos- Nigeria (PANA) -- Having won the battle to force down fuel prices, Nigerians face another challenge -- availability of the petroleum products. Full text...

  • EC supports 'Big Noise' campaign for coffee growers
    14 june 2004 09:52:00
    Addis Ababa- Ethiopia (PANA) -- In response to the impact the collapse in world coffee price was having on Ethiopian coffee growers and the country's economy, the European Commission (EC) Delegation here announced Monday that it was throwing its weight behind the Big Noise campaign. Full text...

  • South African consumers urged to boycott pirated goods
    14 june 2004 09:37:00
    Cape Town- South Africa (PANA) -- South Africa's Federation Against Copyright Theft Monday appealed to consumers not to buy DVDs and CDs from roadside vendors or pirate stalls at flea markets, following confirmation that terrorist organisations around the world are getting at least some of their funding from the sale of the products. Full text...

  • Equatorial cancels registration of fishing boats
    13 june 2004 18:36:00
    Malabo- Equatorial Guinea (PANA) -- Equatorial Guinea Sunday published a decree cancelling all registrations and nationalisation of fishing boats operating in international waters and areas under the jurisdiction of other states. Full text...

  • ECOWAS Council of Elders to meet in Accra
    13 june 2004 15:41:00
    Accra- Ghana (PANA) -- The Council of Elders of the Economic Community of West African States (ECOWAS) Council of Elders plans to convene a two-day meeting in Accra beginning Monday to discuss role of the regional body in election observation. Full text...

  • Gabon manganese output to reach 3 million tonnes
    13 june 2004 14:47:00
    Libreville- Gabon (PANA) -- Gabon's Ogoue Mining Company, a subsidiary of the French group Eramet, expects to raise its production from de two to three million tonnes of manganese in 2005, the company announced here. Full text...

  • Mauritania opens shops to beat inflation
    13 june 2004 11:53:00
    Nouakchott- Mauritania (PANA) -- To combat indiscriminate hikes of commodity prices, Mauritania's trade, crafts and tourism ministry recently opened 200 shops in the nine communes of Nouakchott, the capital city. Full text...

  • Sudan plans to electrify 90% of its territory
    13 june 2004 09:19:00
    Kampala- Uganda (PANA) -- Sudanese energy authorities are optimistic that a plan to electrify 90 percent the country will implemented on schedule after securing two thirds of the vast project's funds estimated at US$3 billion. Full text...

  • Niger-Benin trade committee inaugurated
    12 june 2004 17:28:00
    Cotonou- Benin (PANA) -- Benin industry, trade and employment promotion minister Fatiou Akplogan has officially inaugurated a joint trade committee (CCC) between Benin and Nigeria in Cotonou, the Benin capital. Full text...

  • Chad-Cameroon pipeline inaugurated Saturday
    12 june 2004 17:19:00
    Yaounde- Cameroon (PANA) -- Presidents of Cameroon, Paul Biya, and Chad, Idriss Deby, Saturday inaugurated the Chad-Cameroon oil pipeline in Kribi, a seaside town located 300 km from Yaounde, the Cameroonian capital. Full text...

  • Budget deficit expected in Mauritius
    12 june 2004 17:03:00
    Port Louis- Mauritius (PANA) -- Mauritius vice prime minister Pravind Jugnauth declared Friday night that the country's budget for the 2004/2005 fiscal year will record a five percent deficit of its Gross Domestic Product. Full text...

  • World Bank welcomes Uganda's "pro-people" budget
    12 june 2004 13:58:00
    Kampala- Uganda (PANA) -- The World Bank has welcomed Uganda's 2004/05 budget, which was presented here last Thursday, saying it was pro-poor and pro-growth, while pledging continued support for the country's development programmes. Full text...

  • Nigerian Central Bank mops 65 billion naira from economy
    12 june 2004 12:47:00
    Lagos- Nigeria (PANA) -- The Central Bank of Nigeria (CBN) withdrew a total of 64. Full text...

  • SN Brussels Airlines resumes flights to Kinshasa
    12 june 2004 12:39:00
    Brussels- Belgium (PANA) -- SN Brussels Airlines resumed flights to Kinshasa Saturday, a day after it suspended the route following the announcement of an aborted putsch in DR Congo, a company official said. Full text...

  • Nigerian naira stable despite high Forex demand
    12 june 2004 12:35:00
    Lagos- Nigeria (PANA) -- Demand for foreign exchange far outstripped supply at the official Dutch Auction System (DAS) segment of the Nigerian foreign exchange market this week, but the local currency remained stable against the US dollar. Full text...

  • Road safety stepped up ahead of pipeline inaugural
    11 june 2004 21:18:00
    Yaounde- Cameroon (PANA) -- Traffic on the Douala-Yaounde highway would be reduced to the minimum on Friday and Saturday as part of security measures in view of the inauguration of the Chad- Cameroon pipeline terminal in the southern coastal town of Kribi, according to a decision by local authorities. Full text...

  • ADB tackles poverty in Gambia
    11 june 2004 20:32:00
    Abidjan- Cote d'Ivoire (PANA) -- The African Development Bank (ADB) has approved through the Nigerian Trust Fund (NTF) a 7. Full text...

  • Inflation drops in Zimbabwe
    11 june 2004 20:23:00
    Harare- Zimbabwe (PANA) -- Annual inflation in Zimbabwe dropped by 56. Full text...

  • WB hails execution of projects in Cape Verde
    11 june 2004 19:58:00
    Praia- Cape Verde (PANA) -- Cape Verde is one of the best performing countries in Africa in terms of projects financed by the World Bank (WB), the country's news agency (INFOPRESS) quoted John McIntire, WB operations director for Cape Verde, Senegal, Gambia and Guinea Bissau as acknowledging. Full text...

  • ADF loans Tanzania US$24 million for road rehabilitation
    11 june 2004 18:28:00
    Abidjan- Cote d'Ivoire (PANA) -- The African Development Fund (ADF) has granted Tanzania a loan of 24. Full text...

  • Ghana bourse up in quiet trading
    11 june 2004 16:49:00
    Accra- Ghana (PANA) -- Ghana's Accra bourse was up by 11. Full text...

  • Brussels Airlines suspends flights to DR Congo
    11 june 2004 16:09:00
    Brussels- Belgium (PANA) -- SN Brussels Airlines on Friday cancelled its flight to Kinshasa due to the tense political and military situation in the DR Congo capital, an official sources disclosed here. Full text...

  • Chad-Cameroon pipeline to be inaugurated Saturday
    11 june 2004 15:54:00
    Yaounde- Cameroon (PANA) -- Cameronian President Paul Biya and his Chadian counterpart Idriss Deby will on Saturday jointly inaugurate the oil pipeline terminal at Kribi port, 250-km from Yaounde, in the presence of several other heads of state. Full text...

  • Nairobi bourse closes week lower
    11 june 2004 15:21:00
    Nairobi- Kenya (PANA) -- Turnover at the Nairobi Stock Exchange (NSE) slackened to 254 million Kenyan shillings this week from last week's 329 million shillings, with the number of traded shares also down to 7. Full text...

  • Malawi unimpressed with G8 pledges for Africa
    11 june 2004 13:26:00
    Blantyre- Malawi (PANA) -- Malawi has received with 'disappointment' a commitment by leaders of the world's richest nations known as G8 to extend for another two years debt-relief programme for the world's poorest nations. Full text...

  • South African interest rates remain within target - Bank
    11 june 2004 11:41:00
    Johannesburg- South Africa (PANA) -- The South African Reserve Bank has maintained and kept the interest rates at 8. Full text...

  • Shelter-Afrique records 4% profit
    11 june 2004 09:37:00
    Bujumbura- Burundi (PANA) -- Shelter-Afrique, a subsidiary of the ADB dealing in housing and territorial accommodation in Africa, registered a net profit of 4% last year compared to 2002. Full text...

  • Lundin Petroleum sells onshore assets in Tunisia
    11 june 2004 08:37:00
    Tunis- Tunisia (PANA) -- Lundin Petroleum has completed the sale of its 50 percent shares in Compagnie Franco Tunisienne des Petroles for $3 million to Spyker Energy, a private French company. Full text...

  • Sierra Leone Brewery expands bottling plant
    11 june 2004 08:20:00
    Freetown- Sierra Leone (PANA) -- The Sierra Leone Brewery has expanded its production capacity with the inauguration of a 6 million-euro bottling plant on Thursday in Freetown. Full text...

  • Mauritania govt drafts bills on private investment
    10 june 2004 22:54:00
    Nouakchott- Mauritania (PANA) -- The Mauritanian government has okayed several bills for tabling in Parliament, concerning investment partnerships with other African countries, according to official sources here. Full text...

  • Reform of Ivorian cocoa sector has failed, says WB official
    10 june 2004 22:20:00
    Abidjan- Côte d'Ivoire (PANA) -- The liberalisation six years ago of the Ivorian cocoa sector "is a clear failure, according to a World Bank official. Full text...

  • Nigerian fuel strike to continue Friday
    10 june 2004 20:53:00
    Abuja- Nigeria (PANA) -- The paralysing fuel strike called by Nigeria's main workers' union to protest rising domestic fuel prices would continue Friday because government had yet to fully revert to the old prices, labour officials said Thursday. Full text...

  • Tunisia looks for market in Nouakchott
    10 june 2004 20:48:00
    Nouakchott- Mauritania (PANA) -- Tunisian launched a two-week campaign here Thursday to promote its exports and firm up trade ties with Mauritania, official sources indicated in Nouakchott. Full text...

  • London doubles aid to DR Congo
    10 june 2004 20:20:00
    Kinshasa- DR Congo (PANA) -- UK's bilateral aid to DR Congo went up from 30 million US dollars in 2003 to about 70 million US dollars in 2004, according to the British Ambassador in Kinshasa, James Atkinson. Full text...

  • Mauritanian Ouguiya gains against the Euro
    10 june 2004 19:10:00
    Nouakchott- Mauritania (PANA) -- The Mauritanian currency, the Ouguiya recorded a 24 percent gain against the Euro, exchanging Thursday at 324 Ouguiyas to the euro, as against 424 Ouguiyas by the close of last week. Full text...

  • Sale of Ghana air force planes generates controversy
    10 june 2004 18:30:00
    Accra- Ghana (PANA) -- A committee of enquiry into the valuation and sale by auction of aircraft owned by the Ghana Air Force has recommended that sanctions be taken against those involved in the valuation. Full text...

  • Turnover up at Nairobi bourse on budget day
    10 june 2004 18:03:00
    Nairobi- Kenya (PANA) -- The sale of East Africa Breweries shares lifted turnover Thursday at the Nairobi Stock Exchange (NSE) to 84 million Kenyan shillings on 1. Full text...

  • Mauritania-Tunisia committee meets in Nouakchott
    10 june 2004 17:37:00
    Nouakchott- Mauritania (PANA) -- The Mauritania-Tunisia co-operation follow-up committee winds its 7th session here Thursday. Full text...

  • US Million Challenge Corporation team in Mozambique
    10 june 2004 17:31:00
    Maputo- Mozambique (PANA) -- A delegation from the US Millennium Challenge Corporation (MCC) is in Mozambique to determine if the country could access funds from the American Millennium Challenge Account (MCA), national news agency, AIM reported Thursday. Full text...

  • Uganda to scale down donor funding by 5%
    10 june 2004 17:23:00
    Kampala- Uganda (PANA) -- Uganda plans to reduce donor funding of her annual budget by 5% during the June 2004-June 2005 fiscal budget to cut external debts. Full text...

  • Kenyan budget widens tax regime, reduces travels to save money
    10 june 2004 17:14:00
    Nairobi- Kenya (PANA) -- In what analysts described as "bitter- sweet" estimates, Kenyan Finance Minister David Mwiraria Thursday in Nairobi presented a five-billion-US dollar budget to a hushed parliament, pledging to cut down civil servants travels and to reduce diplomatic missions in order to cut expenses. Full text...

  • Kenya to slap tighter controls on revenue leaks
    10 june 2004 16:58:00
    Nairobi- Kenya (PANA) -- Kenya anticipates a revenue loss of 4. Full text...

  • Uganda allocates US$100 million for displaced persons
    10 june 2004 16:34:00
    Kampala- Uganda (PANA) -- Uganda has pledged to pay school fees for all secondary students whose parents have fled to camps of Internally Displaced People (IPD) in the civil war wrecked northern region. Full text...

  • S. African Airways launch biggest innovation
    10 june 2004 15:56:00
    Cape Town- South Africa (PANA) -- South African Airways' Technical Division, the largest aircraft maintenance facility in Africa, on Thursday launched a state-of-the-art multi-purpose docking system. Full text...

  • Mozambique attracts French businessmen
    10 june 2004 12:11:00
    Paris- France (PANA) -- Mozambique has become one of the African countries where French businessmen are eager to "massively" invest, according to Henry Castelnau, head of Southern Africa operations at the French Council of Investors in Africa (CIAN). Full text...

  • WB gives DR Congo thumbs up for economic reforms
    10 june 2004 11:36:00
    Paris- France (PANA) -- The World Bank (WB) Thursday expressed "total" satisfaction about the economic reforms initiated by the transition government in DR of Congo (DRC). Full text...

  • Ethiopia steps up power generation to attract investors
    10 june 2004 09:56:00
    Addis Ababa- Ethiopia (PANA) -- Striving to attract more foreign investors, Ethiopia has embarked on an ambitious plan to step up its electricity generation capacity from the present 750 MW to 1,050 MW by 2007. Full text...

  • Oil predictions on Indian Ocean shores excite Kenyans
    10 june 2004 09:41:00
    Nairobi- Kenya (PANA) -- After the Australian firm, Woodside Energy Limited, released exploration data indicating that Kenya's coastal regions hold massive oil potentials, authorities are upbeat that the country could produce crude oil in the next three years. Full text...

  • Gabonese bank posts record loss
    09 june 2004 22:50:00
    Libreville- Gabon (PANA) -- The Gabonese International Bank of Commerce and Industry (BICIG), a branch of the French BNP Paribas group recorded a loss in 2003 estimated at 5,861 million CFA francs (11 million US dollars), shareholders learnt at a meeting here Tuesday. Full text...

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


xhtml CSS