Economy -
  • Tanzania: Thursday's exchange rates for Tanzania Shilling
    21 july 2016 06:11:37
    Dar es Salaam, Tanzania (PANA) - The following are Thursday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • Tanzania: IMF directors commend Tanzania’s strong macroeconomic performance
    20 july 2016 19:29:47
    Dar es Salaam, Tanzania (PANA) – Executive Directors of the International Monetary Fund (IMF) have commended Tanzania’s strong macroeconomic performance, with high growth and low inflation, and noting that, despite some delays in the structural reform agenda, the country’s outlook remains favourable. Full text...

  • Kenya: EU agrees protection to Kenyan farmers over EAC trade impasse
    20 july 2016 18:04:08
    Nairobi, Kenya (PANA) - On the verge of losing access to the lucrative export markets, the European Union (EU) said Wednesday it was prepared to consider a request for Kenyan exporters to continue exports to the EU, should the two sides fail to sign a free trade pact which has left the East African region divided. Full text...

  • Tanzania: China’s Exim Bank loans Tanzania US$7.6 billion for railway project
    20 july 2016 17:43:16
    Dar es Salaam, Tanzania (PANA) - Exim Bank of China has agreed to extend to Tanzania a concessional loan of US$ 7.6 billion for financing the construction and modernization of the country’s railway network, the Bank’s president, Mr. Liu Liang announced Wednesday after his meeting with Tanzanian President John Pombe Magufuli. Full text...

  • Mauritania: Wednesday’s exchange rates for Mauritanian Ouguiya
    20 july 2016 11:49:09
    Nouakchott, Mauritania (PANA) – The following are Wednesday's exchange rates for the Mauritanian Ouguiya as issued by the Central Bank of Mauritania. Full text...

  • Rwanda: RwandAir Express resumes Kigali-Juba flights
    20 july 2016 10:58:42
    Kigali, Rwanda (PANA) - Rwanda's national carrier, RwandAir Express, will resume direct flights between Kigali and Juba on Wednesday after they were suspended on 10 July, due to the renewed fighting in the South Sudan capital city, the airline said in a statement made available to PANA in Kigali. Full text...

  • Mauritius: Wednesday's forex rates for Mauritian Rupee
    20 july 2016 08:31:16
    Port-Louis, Mauritius (PANA) – The following are Wednesday's foreign exchange rates for the Mauritian Rupee as issued by the Commercial Bank of Mauritius. Full text...

  • Rwanda: Wednesday's forex rates for Rwandan franc
    20 july 2016 08:21:39
    Kigali, Rwanda (PANA) - The following are Wednesday's foreign exchange rates for the Rwandan Franc, as issued by the National Bank of Rwanda. Full text...

  • Senegal: Wednesday's forex rates for the Gambian Dalasi
    20 july 2016 06:14:23
    Dakar, Senegal (PANA) – The following are Wednesday’s exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

  • Tanzania: Wednesday's exchange rates for Tanzania Shilling
    20 july 2016 06:04:24
    Dar es Salaam, Tanzania (PANA) - The following are Wednesday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • Ghana: Wednesday's exchange rates for Ghana cedi
    20 july 2016 05:52:51
    Accra, Ghana (PANA) - The following are Wednesday's average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Kenya: Nigerian, SA ministers urge trade reforms to spur economic growth in Africa
    19 july 2016 18:18:00
    Nairobi, Kenya (PANA) - Nigerian Trade Minister Okechukwu Enelamah has called for reforms focusing on trade and economic development to enable faster growth and reduction of poverty in Africa. Full text...

  • UN: UN releases first report on achieving SDGs
    19 july 2016 15:55:10
    New York, US (PANA) - As the world begins the implementation of the 2030 Agenda for Sustainable Development and its 17 Sustainable Development Goals (SDGs), 13 per cent of the world population still lives in extreme poverty, 800 million people are suffering from hunger and 2.4 billion live without improved sanitation, UN Secretary-General Ban Ki-moon said on Tuesday. Full text...

  • Tanzania: IMF cuts global growth forecasts on Brexit, warns of risks to outlook
    19 july 2016 15:48:55
    Dar es Salaam, Tanzania (PANA) - The International Monetary Fund (IMF) has cut its forecasts for global economic growth this year and next as the unexpected U.K. vote to leave the European Union has created a wave of uncertainty amid already-fragile business and consumer confidence. Full text...

  • South Africa: IMF official urges fundamental economic reforms in South Africa
    19 july 2016 14:45:00
    Johannesburg, South Africa (PANA) – Economic challenges currently facing South Africa call for reforms that create opportunities and enable all people to successfully pursue them - particularly the excluded one-third of the population, according to David Lipton, First Deputy Managing Director of the International Monetary Fund (IMF). Full text...

  • Rwanda: Tuesday's forex rates for Rwandan franc
    19 july 2016 13:20:18
    Kigali, Rwanda (PANA) - The following are Tuesday's foreign exchange rates for the Rwandan Franc, as issued by the National Bank of Rwanda. Full text...

  • US: US to host AGOA Forum in September
    19 july 2016 07:13:13
    Washington, DC, US (PANA) - The United States will host the 15th annual U.S.-sub-Saharan Africa Trade and Economic Cooperation Forum, commonly known as the AGOA Forum, on 26 September, 2016, at the U.S. Department of State, in Washington, D.C. Full text...

  • Senegal: Tuesday's forex rates for the Gambian Dalasi
    19 july 2016 06:39:13
    Dakar, Senegal (PANA) – The following are Tuesday’s exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

  • Ghana: Tuesday's exchange rates for Ghana cedi
    19 july 2016 06:37:30
    Accra, Ghana (PANA) - The following are Tuesday's average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Tanzania: Tuesday's exchange rates for Tanzania Shilling
    19 july 2016 06:36:16
    Dar es Salaam, Tanzania (PANA) - The following are Tuesday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • UN: ILO report says trade-related labour provisions don't hamper business
    18 july 2016 19:43:50
    New York, US (PANA) -Trade-related labour provisions that address labour relations or minimum working conditions for employees, do not harm business or make trade provisions less popular, according to a study released on Monday by the International Labour Organization (ILO). Full text...

  • Kenya: Sudan calls on UNCTAD to lift trade sanctions
    18 july 2016 17:44:24
    Nairobi, Kenya (PANA) - Sudanese Trade minister Salah El-Hassan Saeed has asked the UN Conference on Trade and Development (UNCTAD) to urgently intervene on its request to join the World Trade Organisation (WTO) and order the lifting of international trade sanctions against Khartoum. Full text...

  • AU Summit: Countries set new import tax rules to reduce dependence on donors
    18 july 2016 15:43:06
    Kigali, Rwanda (PANA) - The 27th African Union (AU) summit ended Monday in Kigali, Rwanda, with a commitment for the first time in the continental body's history to come up with new strategies to reduce dependence on donors, PANA correspondent reported here. Full text...

  • Kenya: Namibia, Kenyan leaders press for global trade reforms at UNCTAD talks
    18 july 2016 15:32:36
    Nairobi, Kenya (PANA) - Visiting Namibian President Hage Geingob and his Kenyan host President Uhuru Kenyatta led calls Monday for the reform of the global trading system during high-level talks on globalization and trade at the start of the 14th session of the UN Conference on Trade and Development (UNCTAD) in Nairobi, Kenya. Full text...

  • Nigeria: Inflation records fifth monthly consecutive increase
    18 july 2016 15:17:47
    Abuja, Nigeria (PANA) – For the fifth consecutive month since February 2016, Nigeria's inflationary trend has maintained steady increases, galloping to 16.5 per cent in the month of June, according to a report released Monday by the Nigerian National Bureau of Statistics (NBS). Full text...

  • Mauritius: Monday's forex rates Mauritian Rupee
    18 july 2016 10:04:46
    Port-Louis, Mauritius (PANA) – The following are Monday's foreign exchange rates for the Mauritian Rupee as issued by the Commercial Bank of Mauritius. Full text...

  • Tanzania: Monday's exchange rates for Tanzania Shilling
    18 july 2016 06:29:33
    Dar es Salaam, Tanzania (PANA) - The following are Monday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • Senegal: Monday's forex rates for the Gambian Dalasi
    18 july 2016 06:15:20
    Dakar, Senegal (PANA) – The following are Monday’s exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

  • Ghana: Monday's exchange rates for Ghana cedi
    18 july 2016 05:12:24
    Accra, Ghana (PANA) - The following are Monday's average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Kenya: Ban urges broader partnerships, investments to drive global development
    17 july 2016 19:14:32
    Nairobi, Kenya (PANA) - UN Secretary-General Ban Ki-moon on Sunday in Nairobi, Kenya, urged participants at the 14th session of the UN Conference at Trade and Development (UNCTAD), to focus on strong collaboration, equality and inclusion in trade, finance and investment, in order to better align action with agreed-upon sustainable development targets and help restore trust in the global economy. Full text...

  • Senegal: Saturday's forex rates for Gambian Dalasis
    16 july 2016 07:50:25
    Dakar, Senegal (PANA) – The following are Saturday’s foreign exchange rates for the Gambian currency, the Dalasis (D), as published by Trust Bank Gambia ltd: Full text...

  • Rwanda: Friday's forex rates for Rwandan franc
    15 july 2016 11:52:30
    Kigali, Rwanda (PANA) - The following are Friday's foreign exchange rates for the Rwandan Franc, as issued by the National Bank of Rwanda. Full text...

  • Tanzania: Friday's exchange rates for Tanzania Shilling
    15 july 2016 07:10:23
    Dar es Salaam, Tanzania (PANA) - The following are Friday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • Senegal: Friday's forex rates for the Gambian Dalasi
    15 july 2016 06:25:49
    Dakar, Senegal (PANA) – The following are Friday’s exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

  • Ghana: Friday's exchange rates for Ghana cedi
    15 july 2016 05:48:20
    Accra, Ghana (PANA) - The following are Friday's average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Kenya: Thursday's forex rates for Kenya Shilling
    14 july 2016 13:19:54
    Nairobi, Kenya (PANA) - The following are Thursday's foreign exchange rates for the Kenyan Shilling against other regional and international currencies as released by the Central Bank of Kenya (CBK). Full text...

  • US: African Hotel Investment Forum set for Kigali
    14 july 2016 11:51:49
    New York, US (PANA) - The 7th Africa Hotel Investment Forum (AHIF) to be hosted this year in Kigali, Rwanda, will deliberate on the major challenges and opportunities facing the hospitality industry in Africa, a statement by the organisers, London-based hospitality company, Bench Events, said on Thursday. Full text...

  • US: IMF Board approves US$17.1m disbursement to Niger
    14 july 2016 11:44:59
    US, Washington, D.C. (PANA) – Niger will benefit from an immediate disbursement of about US$17.1 million to support its economic performance under an Extended Credit Facility (ECF) arrangement of the International Monetary Fund (IMF). Full text...

  • Rwanda: Thursday's forex rates for Rwandan franc
    14 july 2016 11:39:05
    Kigali, Rwanda (PANA) - The following are Thursday's foreign exchange rates for the Rwandan Franc, as issued by the National Bank of Rwanda. Full text...

  • Mauritania: Thursday's exchange rates for Mauritanian Ouguiya
    14 july 2016 10:11:49
    Nouakchott, Mauritania (PANA) – The following are Thursday's foreign exchange rates for the Mauritanian Ouguiya as announced by the Mauritanian central bank. Full text...

  • Mauritius:Thursday's forex rates for Mauritian Rupee
    14 july 2016 09:59:34
    Port-Louis, Mauritius (PANA) – The following are Thursday's foreign exchange rates for the Mauritian Rupee as issued by the Commercial Bank of Mauritius. Full text...

  • Tanzania: Thursday's exchange rates for Tanzania Shilling
    14 july 2016 08:23:24
    Dar es Salaam, Tanzania (PANA) - The following are Thursday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • Mauritius: Mauritius acquires plane to improve maritime surveillance
    14 july 2016 08:09:49
    Plaisance, Mauritius (PANA) - Mauritius on Thursday commissioned a new Dornier aircraft acquired by the Mauritius Police Force/National Coast Guard at the cost of US$16 million under the Indian Line of Credit as a major step to keep up with the rapid technological advancements in the field of maritime surveillance. Full text...

  • Senegal: Thursday's forex rates for the Gambian Dalasi
    14 july 2016 06:16:34
    Dakar, Senegal (PANA) – The following are Thursday’s exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

  • Ghana: Thursday's exchange rates for Ghana cedi
    14 july 2016 05:29:24
    Accra, Ghana (PANA) - The following are Thursday's average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • US: EgyptAir signs US$900 million Boeing deal
    13 july 2016 13:49:05
    New York, US (PANA) US-based aircraft manufacturer, Boeing, and EgyptAir on Wednesday announced an order for nine Next-Generation 737-800s. Full text...

  • US: Air Côte d'Ivoire orders additional Airbus A320neo
    13 july 2016 13:45:28
    New York, US (PANA) - Air Cote d’Ivoire, the Ivorian national carrier, has placed an order with Airbus for the purchase of an additional A320neo to complete its fleet. Full text...

  • Tanzania: Wednesday's exchange rates for Tanzania Shilling
    13 july 2016 09:14:31
    Dar es Salaam, Tanzania (PANA) - The following are Wednesday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • Mauritius: Wednesday's forex rates for Mauritian Rupee
    13 july 2016 08:57:41
    Port-Louis, Mauritius (PANA) – The following are Wednesday's foreign exchange rates for the Mauritian Rupee as issued by the Commercial Bank of Mauritius. Full text...

  • Ghana: Wednesday's exchange rates for Ghana cedi
    13 july 2016 07:20:56
    Accra, Ghana (PANA) - The following are Wednesday's average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

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