Dakar- Senegal, (PANA) -- Former African Development Bank President Babacar Ndiaye of Senegal has revealed plans to establish an African Recovery Bank by the end of the year. Full text...

Port Louis- Mauritius (PANA) -- Mauritius earned 18. Full text...

Dar es Salaam- Tanzania (PANA) -- The UN Industrial Development Organisation (UNIDO) Saturday gave assurances of continued support for an integrated programme worth more than nine million US dollars to enhance Tanzania's industrial competitiveness. Full text...

Dar es Salaam- Tanzania (PANA) -- Tanzania, Kenya and Uganda have indicated great progress in the bid for a customs union within the East African Community (EAC), affirming that a protocol to that effect could be ready by mid 2002. Full text...

Lagos- Nigeria (PANA) -- In spite of a two-day workers' strike, which slowed down activities at the Nigeria Stock Exchange, trading this week was upbeat, with 89. Full text...

Lagos- Nigeria (PANA) -- Trading activities resumed fully Friday at the Nigerian Stock Exchange (NSE) after two days of a nation- wide workers strike. Full text...

Lusaka- Zambia (PANA) -- The Bank of Zambia on Friday off loaded more than one million US dollars through its dealing window but the move failed to halt the continued depreciation of the kwacha. Full text...

Accra- Ghana (PANA) -- The main indicators of the Ghana Stock Exchange (GSE) remained static once again on Friday as investors continued to shy away from the market. Full text...

Nairobi- Kenya (PANA) -- The Nairobi Stock Exchange recorded mixed results at the end of trading Friday with a drop in the benchmark index, notwithstanding a higher turnover. Full text...

Cape Town- South Africa (PANA) -- BMW South Africa this week appointed its first majority-owned black empowerment dealer. Full text...

Maputo- Mozambique (PANA) -- Mozambican Transport minister Tomas Salomao and South Africa's minister for Public Companies, Jeff Radebe, have signed an undertaking to lease out the Maputo-South Africa railway line to private management. Full text...

Port Louis- Mauritius (PANA) -- World Bank assistant director of operations for the Indian ocean, Willem van Eeghen, is in Mauritius to for discussions with social partners ahead of a 120- million US dollar loan the Bank is to grant the country. Full text...

Cotonou- Benin (PANA) -- The first oil exploitation tests in Benin are scheduled to take place between May and June 2002, official sources affirmed in Cotonou this week. Full text...

Lusaka- Zambia (PANA) -- Kansanshi Mining Plc, which has extensive business interests in north-western Zambia, is to issue special shares with a nominal value quoted in US dollars as part of efforts to increase authorised capital. Full text...

Addis Ababa- Ethiopia (PANA) -- Ethiopia has introduced a new visa delivery scheme that enables nationals of 33 main tourist generating countries to collect tourist visas upon arrival at the Bole international airport near Addis Ababa. Full text...

Paris- France (PANA) -- Representatives of the Paris Club of creditor countries Thursday agreed to reduce Tanzania's debt stock by 737 million dollars in net present value terms. Full text...

Dakar- Senegal (PANA) -- Air Senegal International will start regular flights from Dakar to Paris on 31 March, the airline's general manager, Zouhair Mohamed El Aoufir, announced here Thursday. Full text...

Nouakchott- Mauritania (PANA) -- Spain has agreed to grant Mauritania 52 million euros, the government-owned daily, Horizons reported Thursday in Nouakchott. Full text...

Harare- Zimbabwe (PANA) -- The capitalisation of the Zimbabwe Stock Exchange (ZSE) increased threefold last year to 360 billion Zimbabwean dollars (about 6. Full text...

Rabat- Morocco (PANA) -- The European Union has agreed to loan Morocco 80 million euro to improve and manage it water resources. Full text...

Nairobi- Kenya (PANA) -- The Bond Market continued to stir trading at the Nairobi Stock Exchange (NSE) Thursday, raking in 966 million Kenyan shillings (Kshs) up from 54 million Kshs recorded Wednesday. Full text...

Dakar- Senegal (PANA) -- A two-day meeting of the Pan-African Employers Federation opens in Dakar Thursday to examine the role of the continent's private sector in the implementation of projects streamlined under the New Partnership for Africa's Development (NEPAD). Full text...

Ouagadougou- Burkina Faso (PANA) -- Officials of the new Libyan airline, Afriqiyah Airways have opened the Tripoli-Niamey- Ouagadougou route, saying there will be a round trip flight between Tripoli and Ouagadougou every Tuesday. Full text...

Accra- Ghana (PANA) -- Dull trading that has characterised the Ghana Stock Exchange since the new year continued on Wednesday with none of the 22 equities recording a price change. Full text...

New York- UN (PANA) -- Between 40 billion and 60 billion US dollars are needed to achieving the set goals of elevating human standards of living, estimates a World Bank official. Full text...

Dakar- Senegal (PANA) -- The director of the Africa Division of the International Fund for Agricultural Development (IFAD), Mohamed Beavogui has urged African countries to increase budgetary allotments to agriculture and rural development. Full text...

Abidjan- Cote d'Ivoire (PANA) -- Trading in the Abidjan-based Regional Securities Stock Market (BRVM) was stable on Tuesday compared to the preceding session. Full text...

Praia- Cape Verde (PANA) -- Cape Verde recorded an inflation rate of 3. Full text...

Port Louis- Mauritius (PANA) -- Authorities in Mauritius are working on an ambitious plan to enhance the efficiency of Port Louis harbour and transform it into a major regional platform for trade, warehousing and distribution. Full text...

Abuja- Nigeria (PANA) -- Nigeria and Sao Tome and Principe Wednesday in Abuja inaugurated two bodies to manage the affairs of a Joint Development Zone (JDZ) established by the two countries. Full text...

Nairobi- Kenya (PANA) -- The benchmark 20-Share Index of the Nairobi Stock Exchange inched up 0. Full text...

Lusaka- Zambia (PANA) -- The new Zambian government of president Levy Mwanawasa was Wednesday grappling with the volatile question of taking food to hungry Zambians at an affordable price. Full text...

Lusaka- Zambia (PANA) -- The Zambian kwacha has depreciated by 3. Full text...

Lagos- Nigeria (PANA) -- Following is the daily equities trading at the Nigerian Stock Exchange for Tuesday, 15 January: 1st Tier Securities Sector and Name of Company Value of Share [ST] AGRICULTURE Livestock Feeds Plc 3. Full text...

Tunis- Tunisia (PANA) -- Tunisia's balance of trade recorded a positive growth in 2001, with exports covering 69. Full text...

Cape Town- South Africa (PANA) -- A leading South African bank, First National, Wednesday announced it would raise its prime- lending rate by 100 basis points to 14 percent. Full text...

Maputo- Mozambique (PANA) -- The Mozambican government Tuesday announced cuts in the prices of liquid fuels of up to 16. Full text...

Cotonou- Benin (PANA) -- Benin's minister of Finance and Economics, Abdoulaye Bio-Tchané and a representative of Société générale of France, Jean Guio-Lawène, have decided to establish a Universal Bank in Cotonou following a working session on the matter on Monday. Full text...

Lagos- Nigeria (PANA) -- Following is the daily equities trading at the Nigerian Stock Exchange for Tuesday when a total of 12. Full text...

Brazzaville- Congo (PANA) -- The 29th general assembly of the African Railway Union (ARU) has adopted significant measures to enhance the organisation's credibility to meet new challenges, the Congolese News Agency (ACI) said. Full text...

Lusaka- Zambia (PANA) -- The Zambian based geological company, BHP Billiton, has signed a global exploration alliance agreement with Corriente Resources on the exploitation of copper and gold deposits in central Zambia. Full text...

Nairobi- Kenya (PANA) -- The Central Bank of Kenya has invited tenders for its latest one-year fixed treasury bills worth seven billion shillings. Full text...

Johannesburg- South Africa (PANA) -- South Africa's opposition Democratic Alliance (DA) party Tuesday expressed regrets at the move by the Reserve Bank to raise its lending rate to commercial banks. Full text...

Freetown- Sierra Leone (PANA) -- Agriculture ministry officials in Freetown Tuesday confirmed the signing last Monday of a 13 million-dollar loan agreement with the African Development Bank (ADB), to develop Sierra Leone's fishing industry. Full text...

Nairobi- Kenya (PANA) -- The bench-mark 20-Share Index of the Nairobi Stock Exchange gained 1. Full text...

Harare- Zimbabwe (PANA) -- The Zimbabwe government Tuesday slated its two telecommunication companies for partial privatisation, to raise funds to close a widening budget deficit. Full text...

Rabat- Morocco (PANA) -- National Moroccan Railways Company is about to float a substantial bond issue amounting globally to 4. Full text...

Johannesburg- South Africa (PANA) -- South Africa's Reserve Bank Tuesday announced a one percent increase in the repo rate -- the rate at which it lends to commercial banks -- raising the likelihood of an interest rate hike to consumers wishing to borrow funds from their banks. Full text...

Lusaka- Zambia (PANA) -- The Bank of Zambia Tuesday returned to the foreign exchange market with a parcel of only one million US dollars and traders were getting the jitters over the widening rift between demand and supply. Full text...

Cape Town- South Africa (PANA) -- Church's Chicken, a division of AFC Enterprises, has announced the signing of a master franchise agreement with South African-based Steers Holdings to sub-franchise the development and operation of 100 Church's Chicken restaurants in Africa over the next five years. Full text...