Economy -
  • Tuesday's forex rates in Nigeria
    02 april 2013 18:08:19
    Lagos, Nigeria (PANA) - Following are Tuesday's foreign exchange rates for the Nigerian currency, the Naira: Full text...

  • Tuesday's forex rates in Gambia
    02 april 2013 15:03:15
    Dakar, Senegal (PANA) - Following are Tuesday's exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Tuesday's foreign exchange rates in Zambia
    02 april 2013 14:44:11
    Lusaka, Zambia (PANA) – Following are Tuesday's foreign exchange rates for the Zambian Kwacha: Full text...

  • Tuesday’s forex rates for Central African CFA
    02 april 2013 14:40:43
    Libreville, Gabon (PANA) – Following are Tuesday's foreign exchange rates for CFA in Central Africa: Full text...

  • Tuesday’s forex rates for Mauritanian Ouguiya
    02 april 2013 11:04:10
    Nouakchott, Mauritania (PANA) - Following are Tuesday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Tanzania's forex rates Tuesday
    02 april 2013 07:45:22
    Dar es Salaam, Tanzania (PANA) - Following are Tuesday's exchange rates for the Tanzanian shilling: Full text...

  • Monday’s exchange rates for Mauritanian Ouguiya
    01 april 2013 15:37:51
    Nouakchott, Mauritania (PANA) - Following are Monday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Monday’s exchange rates for Rwandan Franc
    01 april 2013 15:26:31
    Kigali, Rwanda (PANA) - Following are Monday's exchange rates for the Rwandan Franc: Full text...

  • Power cut interrupts Nigerian President's Easter message
    01 april 2013 09:31:26
    Lagos, Nigeria (PANA) - In a development that could be described as poetic justice, Nigeria's Full text...

  • Sunday’s exchange rates for Mauritanian Ouguiya
    31 march 2013 16:53:10
    Nouakchott, Mauritania (PANA) – The following are the exchange rates for the Mauritanian Ouguiya against some foreign currencies issued on Sunday by the Mauritanian Central Bank. Full text...

  • Grounded Nigerian airline resumes operations
    30 march 2013 11:28:40
    Lagos, Nigeria (PANA) - Nigeria's second largest airline, Aero Contractors, resumed flight operations Friday following a prolonged strike embarked upon by its workers, during which it was also grounded by the regulatory Nigeria Civil Aviation Authority (NCAA). Full text...

  • Gambia's domestic durden rises
    29 march 2013 16:20:56
    Banjul, Gambia (PANA) - The Gambian President, Yahya Jammeh, declared here Thursday that the West African nation continues to face a heavy debt burden, with interest on domestic debt consuming 21% percent of government revenues in 2012, up from 18.5% in 2011. Full text...

  • Friday's forex rates in The Gambia
    29 march 2013 12:58:22
    Dakar, Senegal (PANA) - Following are Friday's forex rates for the Gambian currency, the Dalasis (D): Full text...

  • Friday’s forex rates for Mauritian rupee
    29 march 2013 11:29:10
    Port-Louis, Mauritius (PANA) - Following are Friday's exchange rates for the Mauritian rupee: Full text...

  • Friday’s forex rates for Central African CFA
    29 march 2013 11:28:19
    Libreville, Gabon (PANA) - Following are Friday's exchange rates for the CFA issued by the Bank of Central African States (BEAC): Full text...

  • Air Maroc plane makes emergency landing in Lagos
    29 march 2013 09:55:29
    Lagos, Nigeria (PANA) - A passenger plane belonging to Morocco's national airline, Royal Air Maroc, made an emergency landing at the Murtala Mohammed International Airport in Lagos shortly after taking off on Thursday. Full text...

  • Nigerian govt. says no plan to remove oil subsidy
    28 march 2013 19:27:56
    Abuja, Nigeria (PANA) - The Nigerian Presidency Thursday said it has no plans to remove subsidy from petroleum products “in the nearest future”. Full text...

  • Kenya's annual inflation declines to 4.11% in March
    28 march 2013 19:15:11
    Nairobi, Kenya (PANA) - Kenya's annual inflation declined to 4.11% in March from 4.45% in February despite a marginal increment in the cost of food and other basic foodstuffs, the Kenya National Bureau of Statistics (KNBS) said Thursday. Full text...

  • UK plans Somali trade, investment meeting
    28 march 2013 16:54:20
    Nairobi, Kenya (PANA) - The United Kingdom has announced plans to host a trade and investment conference for Somalia in London during a planned security meeting to be held there in May, the UK Minister for Africa, Mark Simmonds, said Thursday. Full text...

  • Int'l group to help Libya repatriate ‘stolen’ money hidden abroad
    28 march 2013 15:35:27
    Tripoli, Libya (PANA) – Libya’s Foreign Affairs Deputy Minister, Abdelrazack Al-Kuwaydi, on Wednesday met with a delegation of the international group, ‘Initiative Star’, to discuss ways of repatriating Libya’s money stolen money and lodged in banks abroad. Full text...

  • EBID approves several development projects across W/Africa
    28 march 2013 15:12:39
    Lome, Togo (PANA) - The fourth regular meeting of the Board of Directors of the Ecobank Bank for Investment and Development (EBID) has approved several projects for infrastructural development for some countries in the sub region, PANA reports from here. Full text...

  • Mauritius, Zambia sign cooperation agreement
    28 march 2013 13:33:44
    Port-Louis, Mauritius (PANA) - Mauritius and Zambia signed an agreement Thursday with regards to several areas of cooperation between the two countries, a PANA correspondent has reported from here. Full text...

  • Thursday’s forex rates for Mauritian rupee
    28 march 2013 13:21:39
    Port-Louis, Mauritius (PANA) – Following are Thursday's foreign exchange rates for the Mauritian rupee: Full text...

  • Thursday’s forex rates for Central African CFA
    28 march 2013 13:09:40
    Libreville, Gabon (PANA) - Following are Thursday's exchange rates for the Central African CFA: Full text...

  • Thursday's forex rates for the Sudanese Pound
    28 march 2013 12:46:50
    Khartoum, Sudan (PANA) - Following are Thursday's exchange rates for the Sudanese national currency, the pound: Full text...

  • Tanzania's forex rates Thursday
    28 march 2013 06:51:17
    Dar es Salaam, Tanzania (PANA) - Following are Thursday's exchange rates for the Tanzanian shilling: Full text...

  • 2013 growth forecast in Central Africa revised downwards
    27 march 2013 19:36:53
    Brazzaville, Congo (PANA) - The governor of the Bank of Central African States (BEAC), Abaga Nchama, has announced that the growth rate in the sub-region would be 4.1% in 2013, instead of 5.2% as previously announced. Full text...

  • Wednesday’s forex rates for Mauritian rupee
    27 march 2013 19:12:56
    Port-Louis, Mauritius (PANA) – Following are Wednesday's foreign exchange rates for the Mauritian rupee: Full text...

  • Wednesday's forex rates for Central African CFA
    27 march 2013 18:09:03
    Libreville, Gabon (PANA) – Following are Wednesday's foreign exchange rates for the CFA in Central Africa. Full text...

  • Cloud computing set to drive telecoms business in Africa
    27 march 2013 16:33:08
    Dar es Salaam, Tanzania (PANA) - The future of Cloud Computing for telecommunication companies in Africa is bright, and according to a report published Wednesday by IBM, nowhere is Cloud’s potential impact on driving telecom business more relevant than in Africa. Full text...

  • ECOWAS 'determined' to improve energy access in West Africa
    27 march 2013 15:26:58
    Lagos, Nigeria (PANA) - The regional bloc Economic Community of West African States (ECOWAS) is working with stakeholders to improve access to energy in the region, which is currently under 50 percent, the ECOWAS Commission said in a statement obtained by PANA here Wednesday. Full text...

  • Grounded Nigeria's 2nd largest airline to resume operation
    27 march 2013 14:45:30
    Lagos, Nigeria (PANA) - Nigeria's second largest airline, Aero Contractors, which was grounded by regulators last week following a protracted strike by its workers, said Wednesday it would resume operations this Easter weekend. Full text...

  • African Ministers concerned over MDGs delay
    27 march 2013 11:41:46
    Abidjan, Côte d'Ivoire (PANA) - While hailing the progress made, African Ministers of Economy and Finance, Planning and Economic Development have expressed concern over the slow pace in achieving the Millennium Development Goals (MDGs) by Africa. Full text...

  • Exports boost Tanzania mainland’s balance of payments
    27 march 2013 09:31:12
    Dar es Salaam, Tanzania (PANA) - Tanzania’s external sector of the economy recorded a significant improvement in the year ended January 2013, with the current account deficit narrowing by 21.9 percent to US$3.3 billion, compared to a deficit of US$4.3 billion recorded in the corresponding period in 2012, the central bank has reported. Full text...

  • Tanzania's forex rates Wednesday
    27 march 2013 07:46:35
    Dar es Salaam, Tanzania (PANA) - Following are Wednesday's exchange rates for the Tanzanian shilling: Full text...

  • ECA: Job creation, huge challenge for Africa
    26 march 2013 21:55:18
    Abidjan, Côte d’Ivoire (PANA) – Job creation remains a huge challenge in Africa, says the 2013 edition of the economic report on Africa launched on Monday evening in Abidjan by the African Union (AU) and the Economic Commission for Africa (ECA). Full text...

  • African Finance Ministers recognise importance to capitalise on demographic dividend
    26 march 2013 20:30:02
    Abidjan, Cote d’Ivoire (PANA) – African Ministers of Finance, Planning and Economic Development have recognised the importance for the continent to introduce immediate measures to capitalize on its demographic dividend. Full text...

  • African Finance Ministers pledge to work together to develop united vision
    26 march 2013 20:21:02
    Abidjan, Cote d’Ivoire (PANA) - African Ministers of Finance, Planning and Economic Development have committed themselves to work together to develop a united vision to influence the global economic agenda and shape the outcomes of globalization for the benefit of Africans. Full text...

  • AfDB says trade integration key to macroeconomic convergence in Africa
    26 march 2013 17:52:13
    Dakar, Senegal (PANA) – The African Development Bank (AfDB) has launched a new policy paper, emphasizing that "trade integration is key to macroeconomic convergence'' in Africa, PANA reports Tuesday. Full text...

  • Tuesday's forex rates in The Gambia
    26 march 2013 13:49:37
    Dakar, Senegal (PANA) – Following are Tuesday's foreign exchange rates for the Gambian currency, The Dalasis (D): Full text...

  • Tuesday’s forex rates for Mauritanian Ouguiya
    26 march 2013 12:36:45
    Nouakchott, Mauritania (PANA) - Following are Tuesday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Tuesday’s forex rates for Central African CFA
    26 march 2013 10:58:01
    Libreville, Gabon (PANA) - Following are Tuesday's exchange rates for the CFA issued by the Bank of Central African States (BEAC): Full text...

  • Tuesday's forex rates for Mauritian rupee
    26 march 2013 10:54:40
    Port Louis, Mauritius (PANA) - Following are Tuesday's exchange rates for the Mauritian rupee: Full text...

  • Tanzania's forex rates Tuesday
    26 march 2013 06:53:01
    Dar es Salaam, Tanzania (PANA) - Following are Tuesday's exchange rates for the Tanzanian shilling: Full text...

  • Africa urged to base industrialization policies on regional orientation frameworks
    25 march 2013 22:20:38
    Abidjan, Côte d’Ivoire (PANA) – African countries must base their industrialization policies on regional orientation frameworks, says this year's economic report on Africa launched on Monday by the Economic Commission for Africa (ECA) at the sixth conference of African ministers of Finance, Economic Planning and Development. Full text...

  • Africa urged to embark on mass industrialization based on raw materials
    25 march 2013 21:44:16
    Abidjan, Côte d’Ivoire (PANA) – A mass industrialization of the continent based on raw materials is necessary, possible and profitable, according to this year's economic report on Africa prepared by the Economic Commission for Africa (ECA) launched on Monday. Full text...

  • Improving taxation system vital for Zambia’s economy, report says
    25 march 2013 21:31:41
    Abidjan, Cote d’Ivoire (PANA) – The 2013 Economic Report on Africa released on Monday says Zambia could improve its copper-dominated economy which would be ploughed into growing other industries. Full text...

  • ECA urges Africa to tell own story
    25 march 2013 18:22:32
    Abidjan, Cote d’Ivoire (PANA) – As Africa prepares to celebrate the 50th anniversary of the founding of the Organization of African Unity (OAU), now African Union (AU), the United Nations Economic Commission for Africa (ECA) has called on Africa to use the current moment to tell its own story and shape Africa’s future growth trajectory. Full text...

  • Monday’s forex rates for Mauritanian Ouguiya
    25 march 2013 14:42:44
    Nouakchott, Mauritania (PANA) – Following are Monday's foreign exchange rates for the Mauritanian Ouguiya: Full text...

  • African finance experts urge AU to assess impact of Eurozone crisis
    25 march 2013 12:06:26
    Abidjan, Cote d’Ivoire (PANA) - African finance experts have urged the African Union Commission (AUC) to assess the impact of the Euro-zone crisis and the response of the International Monetary Fund (IMF) to it in relation to the African Monetary Fund (AMF). Full text...

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