Economy -
  • Tanzania: IMF deputy chief impressed by Angola's economic transformation
    17 september 2014 07:56:46
    Dar es Salaam, Tanzania (PANA) - Though Angolan authorities have accelerated their efforts to improve the business environment, which bodes well for the future, the southern African country needs to do more and push for good governance and the rule of law, according to Naoyuki Shinohara, Deputy Managing Director of the International Monetary Fund (IMF). Full text...

  • Tanzania: IMF's 2014 Financial Access Survey helps to map global financial inclusion
    17 september 2014 07:52:22
    Dar es Salaam, Tanzania (PANA) - The International Monetary Fund (IMF) has released the results of the fifth annual Financial Access Survey (FAS), the most comprehensive global source of data on access to, and use of, basic consumer financial services by households and non-financial corporations. Full text...

  • Tanzania: Wednesday's forex rates for Shilling
    17 september 2014 07:46:48
    Dar es Salaam, Tanzania (PANA) - Following are Wednesday's foreign exchange rates for the Tanzania Shilling: Full text...

  • Nigeria: Tuesday's foreign exchange rates in Nigeria
    16 september 2014 18:58:35
    Lagos, Nigeria (PANA) - Following are the latest exchange rates for the Nigerian currency, the Naira, as released by the Central Bank of Nigeria(CBN). Full text...

  • US: IMF, Ghana govt hold talks
    16 september 2014 17:51:58
    New York, US (PANA) - At the request of the Ghanaian authorities, a team from the International Monetary Fund (IMF) is visiting Accra from 16-25 September to conduct discussions on a possible IMF-supported programme, the Fund said in a press statement Tuesday. Full text...

  • Tanzania: Improved performance moves IMF to disburse US$217m package to Tunisia
    16 september 2014 12:25:30
    Dar es Salaam, Tanzania (PANA) - Despite the challenging domestic and regional environment, Tunisia has registered a strong fiscal performance in the first half of this year, and continued fiscal consolidation remains essential to anchor the North African country's macroeconomic stabilisation, according to the International Monetary Fund (IMF). Full text...

  • Tanzania: French smartphone maker targets Nigeria, Kenya to boost sales
    16 september 2014 12:13:22
    Dar es Salaam, Tanzania (PANA) - French smartphone manufacturer Wiko Mobile has announced it was expanding to new markets in Africa, identifying Nigeria and Kenya as strategic entry points for September. Full text...

  • Senegal: Tuesday's forex rates for Gambian Dalasis
    16 september 2014 12:10:05
    Dakar, Senegal (PANA) - Following are Tuesday's exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Mauritania: Tuesday's forex rates for Ouguiya
    16 september 2014 12:08:08
    Nouakchott, Mauritania (PANA) - Following are Tuesday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Zambia: Kwacha hits fresh lows against USD
    16 september 2014 10:04:14
    Lusaka, Zambia (PANA) - The Zambian currency, Kwacha, hit fresh lows of 6.280/6.300 against the US Dollar in early trading on Monday. Full text...

  • Mauritius: Tuesday's forex rates for Rupee
    16 september 2014 10:00:11
    Port-Louis, Mauritius (PANA) - Following are Tuesday's exchange rates for the Mauritian Rupee: Full text...

  • Ghana: Tuesday's exchange rates for Ghana cedi
    16 september 2014 07:32:10
    Accra, Ghana (PANA) - The following are Tuesday's average inter-bank exchange rates for the Ghana cedi, as announced by the Ghana Association of Bankers: Full text...

  • Tanzania: Tuesday's forex rates for Shilling
    16 september 2014 07:30:02
    Dar es Salaam, Tanzania (PANA) - Following are Tuesday's exchange rates for the Tanzania Shilling, as issued by the Bank of Tanzania: Full text...

  • Tunisia: European Commission to give Tunisia 246 million euros
    15 september 2014 22:00:28
    Tunis, Tunisia (PANA) – The European Commission is to give Tunisia 246 million euros (561 million Tunisian dinars) for various projects, according to an official announcement in Tunis on Monday. Full text...

  • Tanzania: Microsoft urges African authorities to combat counterfeit phone imports from Asia
    15 september 2014 20:01:22
    Dar es Salaam, Tanzania (PANA) - Microsoft has spoken out publicly to push African government officials to step up efforts to halt the influx of cheap, counterfeit handsets coming into the region from Asia, according to a report published on Monday by Pyramid Research in its daily update. Full text...

  • Nigeria: Capital market regulator insist on December deadline for recapitalisation
    15 september 2014 19:47:55
    Lagos, Nigeria (PANA) - Nigeria’s apex capital market regulatory agency, Securities and Exchange Commission (SEC), said Monday that the deadline for recapitalisation of capital market operators remains 31 December 2014. Full text...

  • Nigeria : Monday's foreign exchange rates in Nigeria
    15 september 2014 17:15:35
    Lagos, Nigeria (PANA) - Here are the latest exchange rates for the Nigerian currency,the Naira against other foreign currencies as released by the Central Bank of Nigeria(CBN). Full text...

  • Senegal: Monday's forex rates for Gambian Dalasis
    15 september 2014 15:11:02
    Dakar, Senegal (PANA) – Following are Monday's foreign exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Rwanda: Monday's forex rates in Rwanda
    15 september 2014 14:40:28
    Kigali, Rwanda (PANA) – Following are Monday's foreign exchange rates for Rwandan franc: Full text...

  • Zambia: Monday’s forex rates for Kwacha
    15 september 2014 12:54:31
    Lusaka, Zambia (PANA) – Following are Monday's foreign exchange rates for the Zambian kwacha: Full text...

  • Botswana: inflation rises but remains with central bank target
    15 september 2014 11:27:57
    Gaborone, Botswana (PANA) - Statistic Botswana (SB) said on Monday the August inflation rate stood at 4.6 per cent, an increase of 0.1 of a percentage point on the July rate of 4.5 per cent. Full text...

  • Ghana: Monday's exchange rates for Ghana cedi
    15 september 2014 11:23:48
    Accra, Ghana (PANA) - The following are Monday's average inter-bank exchange rates for the Ghana cedi, as announced by the Ghana Association of bankers: Full text...

  • Mauritania: Monday's forex rates for Ouguiya
    15 september 2014 11:21:12
    Nouakchott, Mauritania (PANA) - Following are Monday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Mauritius: Monday’s forex rates for Mauritian Rupee
    15 september 2014 10:24:35
    Port-Louis, Mauritius (PANA) - Following are Monday's exchange rates for the Mauritian rupee: Full text...

  • Tanzania: Monday's forex rates for Shilling
    15 september 2014 07:11:21
    Dar es Salaam, Tanzania (PANA) - Following are Monday's exchange rates for the Tanzania Shilling: Full text...

  • Senegal: Saturday's forex rates for the Gambian Dalasis
    13 september 2014 13:55:21
    Dakar, Senegal (PANA) – Following are Saturday's forex rates for the Gambian currency, the Dalasis (D): Full text...

  • Cameroon: IDB gives Cameroon 16.9 billion FCFA for rural electrification
    12 september 2014 20:33:44
    Douala, Cameroon (PANA) - The Islamic Development Bank (IDB) is to give Cameroon 16.9 billion CFA francs for rural electrification projects in the Central African country. Full text...

  • Tunisia: Tunisian population estimated at about 11 million
    12 september 2014 20:15:43
    Tunis, Tunisia (PANA) - The population of Tunisia is estimated at 10,982,754 inhabitants, an increase of 1.03% from the 2004 figure of 9,910,900, according to figures of the 2014 population census released on Friday by the Tunisian National Institute of Statistics (INS). Full text...

  • Gabon: Friday's forex rates in Central Africa
    12 september 2014 13:51:59
    Libreville, Gabon (PANA) Followed are the foreign exchange rates in the Central African States: Full text...

  • Congo: Moroccan economic delegation visits Congo 25 September
    12 september 2014 12:11:16
    Brazzaville, Congo (PANA) - A Moroccan delegation of more than 45 business leaders is expected in Congo 25-26 September to explore with public and private Congolese partners business opportunities in the energy sector, according to an official statement issued here on Friday. Full text...

  • Mali: China grants Mali 26 billion CFA francs for developments
    12 september 2014 12:03:08
    Bamako, Mali (PANA) - Chinese Premier Li Keqiang on Wednesday announced a grant of 18 billion FCFA and an interest-free loan of 8 billion FCFA to Mali, according to reports emanating from China where Malian president Ibrahim Boubacar Keita is currently visiting. Full text...

  • Zambia: Kwacha strengthens, tracks the US dollar
    12 september 2014 10:30:49
    Lusaka, Zambia (PANA) - The Kwacha tracked the general Dollar, strengthening against a basket of currencies by moving south in Thursday's trading session. Full text...

  • Tanzania: IMF seeking resources to shore up Ebola-hit West African economies
    12 september 2014 09:39:50
    Dar es Salaam, Tanzania (PANA) - Beyond the human toll that the Ebola virus disease is exacting on affected West African countries, the outbreak looks set to cause significant harm to the economies of Guinea, Liberia and Sierra Leone, according to William Murray, deputy spokesman of the International Monetary Fund (IMF). Full text...

  • Tanzania: Friday's forex rates for Shilling
    12 september 2014 07:16:50
    Dar es Salaam, Tanzania (PANA) - Following are Friday's exchange rates for the Tanzania Shilling: Full text...

  • Ghana: Friday's exchange rates for Ghana cedi
    12 september 2014 07:08:59
    Accra, Ghana (PANA) - The following are Friday's average inter-bank exchange rates for the Ghana cedi, as announced by the Ghana Association of Bankers: Full text...

  • Nigeria: Thursday's foreign exchange rates in Nigeria
    11 september 2014 22:05:03
    Lagos, Nigeria (PANA) - Following are the latest exchange rates for the Nigerian currency, the Naira, against other currencies, as released by the Central Bank of Nigeria (CBN). Full text...

  • Libya: Libyan oil production likely to return to normal level by year-end
    11 september 2014 16:38:02
    Tripoli, Libya (PANA) – Despite the ongoing fighting in Libya, the country's oil production is expected to return to the normal level of 1.4 million barrels/day by the end of this year, according to National Oil Company (NOC) spokesperson Mohamed al-Harairi. Full text...

  • Mali: IMF mission in Bamako for review of Mali's credit facility
    11 september 2014 16:21:58
    Bamako, Mali (PANA) – Staff of the International Monetary Fund (IMF) arrived in Bamako Thursday on a mission to prepare with Malian authorities a joint review of the country's Extended Credit Facility (ECF) arrangement approved by the IMF Board in December 2013, an official source told PANA. Full text...

  • UN: Rights expert welcomes new General Assembly resolution on debt structuring
    11 september 2014 15:40:42
    New York, US (PANA) - A new UN General Assembly resolution on debt restructuring that will set up a multilateral legal framework for debtor countries to emerge from debt safely, was welcomed by the UN rights expert on the issue as a way forward to "fill the current legal voice and reduce uncertainty". Full text...

  • Tanzania: Millicom ramps up mobile money banking in Tanzania
    11 september 2014 14:37:19
    Dar es Salaam, Tanzania (PANA) - Telecoms company Millicom has stepped up its push to gain ground for its mobile money service in Tanzania, home to over 45 million people, as competition heats up between operators seeking to pounce on the boom of mobile money in three African nations, Pyramid Technology reported Thursday in its daily update. Full text...

  • Senegal: New report says CEOs in Africa optimistic about growth
    11 september 2014 14:21:45
    Dakar, Senegal (PANA) - CEOs in Africa are optimistic about their company’s prospects for revenue growth over the medium term, according to PwC’s ‘Africa Business Agenda, 2014’ report issued Thursday. Full text...

  • Senegal: Thursday's forex rates for Gambian Dalasis
    11 september 2014 12:40:22
    Dakar, Senegal (PANA) – Following are Thursday's foreign exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Mauritania: Thursday's forex rates for Ouguiya
    11 september 2014 12:38:01
    Nouakchott, Mauritania (PANA) – Following are Thursday's foreign exchange rates for the Mauritanian Ouguiya: Full text...

  • Mauritius: Thursday's forex rates in Mauritius
    11 september 2014 12:02:51
    Port-Louis, Mauritius (PANA) - Following are Thursday's exchange rates for the Mauritian Rupee: Full text...

  • UN: UNCTAD reports calls for major changes in global economic governance
    11 september 2014 09:03:12
    New York, US (PANA) - A new UN Conference on Trade and Development (UNCTAD) report has said that, six years after the start of the global economic and financial crisis, the world economy has still not found a sustainable growth path. Full text...

  • Tanzania: IMF Board approves one-year extension of 2012 borrowing agreements
    11 september 2014 08:51:48
    Dar es Salaam, Tanzania (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a one-year extension of the 2012 Borrowing Agreements, noting that these agreements have played a key role in ensuring that the Fund has adequate resources to meet members’ potential needs in the event that tail risks were to materialise. Full text...

  • Tanzania: Thursday's forex rates for Shilling
    11 september 2014 08:32:50
    Dar es Salaam, Tanzania (PANA) - Following are Thursday's exchange rates for the Tanzania Shilling: Full text...

  • Ghana: Thursday's exchange rates for Ghana cedi
    11 september 2014 08:21:25
    Accra, Ghana (PANA) - The following are Thursday's average inter-bank exchange rates for the Ghana cedi, as announced by the Ghana Association of Bankers: Full text...

  • Rwanda: Latest forex rates in Rwanda
    10 september 2014 19:34:08
    Kigali. Rwanda (PANA) - Following are Wednesday's exchange rates for foreign currencies as issued by National Bank of Rwanda: Full text...

  • Gabon: Wednesday's forex rates in Central Africa
    10 september 2014 19:31:04
    Libreville. Gabon (PANA) - Following are Wednesday's exchange rates in the Central African States : Full text...

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