Economy -
  • Ghana: Nigeria resumes gas supply to Ghana
    22 september 2014 08:57:19
    Accra, Ghana (PANA) - Nigeria has resumed gas supply to Ghana following the resolution of a strike by oil and gas workers in Nigeria, the West Africa Gas Pipeline Company said on Monday. Full text...

  • Mauritius: Monday's forex rates for Rupee
    22 september 2014 08:50:30
    Port-Louis, Mauritius (PANA) - Following are Monday's exchange rates for the Mauritian Rupee: Full text...

  • Tanzania: IMF chief calls for action to strengthen global recovery
    22 september 2014 07:39:40
    Dar es Salaam, Tanzania (PANA) - Commending Group of 20 (G20) countries for significant progress in developing growth strategies to lift medium-term growth, Managing Director of the International Monetary Fund (IMF) Christine Lagarde has warned that the pace of global recovery remains low and uneven. Full text...

  • Tanzania: Monday's forex rates for Shilling
    22 september 2014 07:27:26
    Dar es Salaam, Tanzania (PANA) - Following are Monday's exchange rates for the Tanzania Shilling: Full text...

  • Cote d'Ivoire: Trading at the West African Bourse rises
    21 september 2014 12:13:44
    Abidjan, Cote d’Ivoire (PANA) - Trading at the West African regional stock exchange, BRVM, ended Friday on the rise with the BRVM Index 10 inching up from 271.23 to 275.14 points, representing a rise of 1.44%. Full text...

  • Mauritania: Sunday's forex rates for Ouguiya
    21 september 2014 11:17:49
    Nouakchott, Mauritania (PANA) - Mauritania's Ouguiya appreciated against the Euro and the CFA Franc but remained stable against the US Dollar, according to Sunday's foreign exchange rates issued by the Mauritanian central bank. Following are the exchange rates: Full text...

  • Angola: Angola, Namibia to sign currencyb conversion agreement
    20 september 2014 11:54:51
    Luanda, Angola (PANA) – The central banks of Angola and Namibia will on Monday sign a currency conversion agreement to guarantee commercial transactions between the two countries, particularly at their borders. Full text...

  • Congo: World Bank gives Congo US$60 million loan to improve energy network
    20 september 2014 11:21:27
    Brazzaville, Congo (PANA) – The World Bank’s Board of Executive Directors has approved US$60 million loan to the Republic of Congo to help increase access to electricity and improve the efficiency and reliability of the distribution system. Full text...

  • Nigeria: Nigeria’s apex bank retains interest rate at 12%
    20 september 2014 09:56:19
    Lagos, Nigeria (PANA) – The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR), otherwise known as interest rate, at 12%, according to a statement posted on the apex bank's website. Full text...

  • Tanzania: IMF foresees sub-Saharan Africa growth at 6 per cent in 2015
    20 september 2014 07:52:08
    Dar es Salaam, Tanzania (PANA) - Despite the Ebola crisis, there is an increasing recognition that Africa is rising, according to the International Monetary Fund (IMF) Deputy Managing Director, Naoyuki Shinohara. Full text...

  • Mauritius: Friday's forex rates of Mauritian Rupee
    19 september 2014 18:55:44
    Port Louis, Mauritius (PANA) – The Commercial Bank of Mauritius has issued the following exchange rates of the Mauritian Rupee for Friday: Full text...

  • Nigeria: Friday's foreign exchange rates in Nigeria
    19 september 2014 18:34:42
    Lagos, Nigeria (PANA) - Here are the latest exchange rates for the Nigerian currency,the Naira against as released by the Central Bank of Nigeria(CBN): Full text...

  • Gambia: Friday’s forex rates for Gambian Dalasis
    19 september 2014 13:13:49
    Banjul, Gambia (PANA) - The following are Friday’s foreign exchange rates for the Gambian Dalasis: Full text...

  • Côte d'Ivoire: Trading at the West African bourse drops
    19 september 2014 12:55:18
    Abidjan, Côte d’Ivoire (PANA) – The West African regional bourse (BRVM) closed Thursday's trading down, with the BRVM 10 Index dropping from 273.27 to 271.23 points, representing a a drop of 0.75%. Full text...

  • Rwanda: Friday's forex rates in Rwanda
    19 september 2014 12:49:03
    Kigali, Rwanda (PANA) – Here are Friday’s foreign exchange rates for the Rwandan Franc: Full text...

  • Zambia: Friday’s forex rates for Kwacha
    19 september 2014 12:45:28
    Lusaka, Zambia (PANA) – Following are Friday's foreign exchange rates for the Zambian kwacha, as released by the Bank of Zambia: Full text...

  • Ghana: Friday's exchange rates for Ghana cedi
    19 september 2014 07:51:26
    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...

  • Tanzania: Friday's forex rates for Shilling
    19 september 2014 07:21:36
    Dar es Salaam, Tanzania (PANA) - Following are Friday's exchange rates for the Tanzania Shilling: Full text...

  • Nigeria: Striking oil and gas workers cut off gas to power generating plants
    18 september 2014 20:49:26
    Abuja, Nigeria (PANA) – The Nigerian government on Thursday said striking workers in the oil and gas sector have cut off gas supplies to five major thermal power generating plants in the country. Full text...

  • Nigeria : Thursday's foreign exchange rates in Nigeria
    18 september 2014 20:04:48
    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...

  • UN: 'Gaps in commitments by developed countries hamper progress on MDGs'
    18 september 2014 19:40:30
    New York, US (PANA) - Persistent gaps between promises made and those delivered by developed countries are holding back greater progress on reaching the eight anti-poverty targets known as the Millennium Development Goals (MDG) by the end of 2015, the UN reported Thursday. Full text...

  • Kenya: Kenya’s foreign reserves hit highest ever level after Euro-bond issue
    18 september 2014 19:23:10
    Nairobi, Kenya (PANA) -The Central Bank of Kenya (CBK) said Thursday the country’s foreign currency reserves hit US$7.4 billion dollars, almost five months of import cover in the last three weeks following the receipt of proceeds from the country’s first ever Eurobond issue. Full text...

  • Ethiopia: World Bank projects economic impact of Ebola to hit US$809 million 
    18 september 2014 18:35:55
    Addis Ababa, Ethiopia (PANA) -The World Bank projects the economic impact of the Ebola virus disease outbreak in three West African countries will hit US$809 million in 2015 if the disease continues to spread in the worst affected countries alone. Full text...

  • Senegal: Thursday’s forex rates for Gambian Dalasis
    18 september 2014 13:56:52
    Dakar, Senegal (PANA) – Following are Thursday’s foreign exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Cote d'Ivoire: Trading at the West African Bourse still rising
    18 september 2014 13:36:46
    Abidjan, Cote d’Ivoire (PANA) - Trading at the West African regional stock exchange, BRVM, ended Wednesday on the rise with the BRVM Index 10 inching up from 271.80 to 273.27 points, representing a rise of 0.54%. Full text...

  • Tanzania: Orange extends mobile money partnership with Bank of Africa
    18 september 2014 13:27:48
    Dar es Salaam, Tanzania (PANA) - Customers of Orange Money and Bank of Africa, in a number of African countries, will be able to transfer money directly between their two accounts within the next few months, telecoms industry global monitor Pyramid Research reported Thursday on its daily update. Full text...

  • Gabon: Thursday's forex rates in Central Africa
    18 september 2014 13:23:15
    Libreville, Gabon (PANA) - Following are Thursday's foreign exchange rates in the Central African States: Full text...

  • Nigeria: Govt. targets 30m jobs by 2043
    18 september 2014 13:07:57
    Lagos, Nigeria (PANA) - The proposed implementation of the newly-approved National Integrated Infrastructure Master Plan (NIIMP) will generate about 30 million jobs in 30 years across all sectors of the economy, according to Minister of National Planning Commission Abubakar Sulaiman. Full text...

  • Mauritius: Thursday's forex rates for Rupee
    18 september 2014 12:10:06
    Port-Louis, Mauritius (PANA) - Following are Thursday's exchange rates for the Mauritian Rupee: Full text...

  • Zambia: Thursday’s exchange rates for Kwacha
    18 september 2014 11:48:37
    Lusaka, Zambia (PANA) - Following are Thursday's exchange rates for the Zambian kwacha, as released by the Bank of Zambia: Full text...

  • Mauritania: Thursday's forex rates for Ouguiya
    18 september 2014 10:11:55
    Nouakchott, Mauritania (PANA) - Following are Thursday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Tanzania: Thursday's forex rates for Shilling
    18 september 2014 10:11:00
    Dar es Salaam, Tanzania (PANA) - Following are Thursday's foreign exchange rates for the Tanzania Shilling: Full text...

  • Tanzania: IMF team urges Gambia 'to make bold choices' on public spending
    18 september 2014 08:24:32
    Dar es Salaam, Tanzania PANA) - It is imperative for authorities in Gambia to reinforce corrective measures and to make bold choices about spending priorities, a staff team of the International Monetary Fund (IMF) has suggested. Full text...

  • Tanzania: IMF proposes financial assistance to address economic impact of Ebola in West Africa
    18 september 2014 07:58:28
    Dar es Salaam, Tanzania (PANA) - In view of the acute human and economic toll that the Ebola outbreak in West Africa is exacting, the International Monetary Fund (IMF) staff has prepared a prospective institutional response recommending to the Fund's Executive Board to extend additional financial support to the tune of US$127 million to Guinea, Liberia and Sierra Leone. Full text...

  • Tanzania: IMF staff team concludes 2014 second review mission to Sudan
    18 september 2014 07:31:22
    Dar es Salaam, Tanzania (PANA) - While Sudan has made some progress toward meeting the requirements for debt relief, a review mission of the International Monetary Fund (IMF) has reiterated to the authorities in Khartoum the importance of securing broad support for comprehensive debt relief from Sudan’s bilateral external creditors. Full text...

  • Ghana: Thursday's exchange rates for Ghana cedi
    18 september 2014 07:20:22
    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...

  • Nigeria : Wednesday's foreign exchange rates in Nigeria
    17 september 2014 18:09:50
    Lagos, Nigeria (PANA) - Following are the latest exchange rates for the Nigerian currency,the Naira as released Wednesday by the Central Bank of Nigeria(CBN). Full text...

  • Cote d'Ivoire: Trading at the West African Bourse rises
    17 september 2014 14:55:11
    Abidjan, Cote d’Ivoire (PANA) - Trading at the West African regional stock exchange, BRVM, ended Tuesday on the rise with the BRVM Index 10 inching up from 267.02 to 271.80 points, representing a rise of 1.79%. Full text...

  • Senegal: Wednesday's forex rates for Gambian Dalasis
    17 september 2014 11:59:27
    Dakar, Senegal (PANA) - Following are Wednesday's forex rates for the Gambian currency, the Dalasis (D): Full text...

  • Ghana: Cut in gas supplies from Nigeria triggers another power crisis in Ghana
    17 september 2014 11:30:04
    Accra, Ghana (PANA) - The decision of the Nigerian-based West African Gas Pipeline to halt gas supplies to Ghana is causing another huge power crisis in Ghana, with industries and businesses expected to be the worst affected. Full text...

  • Mauritania: Wednesday's forex rates for Ouguiya
    17 september 2014 11:24:30
    Nouakchott, Mauritania (PANA) - Following are Wednesday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Tanzania: Online shopping window opens in Tanzania
    17 september 2014 11:19:15
    Dar es Salaam, Tanzania (PANA) - A week after the launch of an online product shopping and selling company here, Tanzanians are gradually catching up with the unfamiliar network which is already popular in a number of African countries, PANA can reveal. Full text...

  • Mauritius: Wednesday's forex rates for Rupee
    17 september 2014 08:56:32
    Port-Louis, Mauritius (PANA) - Following are Wednesday's exchange rates for the Mauritian Rupee: Full text...

  • Ghana: Wednesday's exchange rates for Ghana cedi
    17 september 2014 08:27:43
    Accra, Ghana (PANA) - The following are Wednesday's average inter-bank exchange rates for the Ghana cedi, as announced by the Ghana Association of Bankers: Full text...

  • 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...

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