Port-Louis, Mauritius (PANA) - The following are Tuesday's exchange rates for the Mauritian Rupee as announced by the Comercial Bank of Mauritius. Full text...

Nouakchott, Mauritania (PANA) - The following are Tuesday's exchange rates for the Mauritanian ouguiya as announced by the Central Bank of Mauritania. Full text...

Banjul, Gambia (PANA) – The following are Tuesday’s foreign exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

Port Louis, Mauritius (PANA) - The African Development Bank (AfDB) and Mauritius Commercial Bank Group (MCB) have launched the African Domestic Bond Fund (ADBF), ahead of its listing on the Stock Exchange of Mauritius Ltd on 18 September, 2018. Full text...

Nairobi, Kenya (PANA) - Qatar Airways have announced plans to launch direct flights to Kenya's port city of Mombasa, starting December 2018, a move that will see four flights between Doha, Qatar, and Mombasa, per week. Full text...

Rwanda (PANA) - The following are Monday's foreign exchange rates for the Rwandan franc, as issued by the National Bank of Rwanda. Full text...

Accra, Ghana (PANA) - The following are Monday's exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

Cape Town, South Africa (PANA) – The official opposition Democratic Alliance (DA) on Monday confirmed that it will demand full details about a US$24.5 billion loan allegedly negotiated by President Cyril Ramaphosa with China as a “stimulus package” for South Africa’s spluttering economy. Full text...

Port-Louis, Mauritius (PANA) - The following are Monday's exchange rates for the Mauritian Rupee as announced by the Ghana Association of Bankers. Full text...

Banjul, Gambia (PANA) – The following are Monday’s foreign exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

Lagos, Nigeria (PANA) - Ιnvestors from Greece are to set up a ship-building plant in Nigeria‘s Niger Delta, said the Greek news platform "The Greek Reporter". Full text...

Rabat, Morocco (PANA) - Morocco tops African countries making progress in the implementation of Sustainable Development Goals, said the 2018 report on Sustainable Development Goals (SDGs). Full text...

Bangui, Central African Republic (PANA) - The authorities in Central African Republic (CAR) have agreed on the need to accelerate the efforts to strengthen governance and transparency and sustain structural reforms aimed at improving the business environment, according to a statement released on Saturday by the Communications Department of the International Monetary Fund (IMF). Full text...

Banjul, Gambia (PANA) – The following are Saturday’s foreign exchange rates for the Gambian Dalasi (D) as published by Trust Bank Gambia Ltd: Full text...

Cape Town, South Africa (PANA) – South African Airways has cancelled flights between Johannesburg and Hong Kong as a result of the severe weather conditions caused by Super Typhoon Manghkut. Full text...

New York, US (PANA) - While health, education, and income levels have improved overall across the globe, “wide inequalities” both among and within countries, are casting a shadow on sustained human development, a new United Nations report shows. Full text...

Nairobi, Kenya (PANA) - Kenyan President Uhuru Kenyatta announced a 50% cut in a controversial petroleum tax, which the government was implementing even though Parliament had passed a bill seeking to defer implementation for two years. Full text...

Rwanda (PANA) - The following are Friday's foreign exchange rates for the Rwandan franc, as issued by the National Bank of Rwanda. Full text...

Accra, Ghana (PANA) - The following are Friday's exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

Nouakchott, Mauritania (PANA) - The following are Friday's exchange rates for the Mauritanian ouguiya as announced by the Central Bank of Mauritania. Full text...

Rabat, Morocco (PANA) - A total of 7 million tourists visited Morocco in the first seven months of 2018, up 7%, according to the Moroccan Tourism Observatory. Full text...

Nairobi, Kenya (PANA) - Somalia’s economy is projected to grow at an annual rate of 3–4 percent, according to the third Somalia Economic Update (SEU) published on Thursday by the World Bank. Full text...

Dar es Salaam, Tanzania (PANA) - Maintaining a moderate level of borrowing is essential to lift incomes and living standards in low-income countries, the International Monetary Fund (IMF)’s chief said on Thursday urging creation of better prospects for the world’s poorest nations. Full text...

Abidjan, Cote d'Ivoire (PANA) - The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, will lead a delegation to Canada from 17-20 September, along with David Stevenson, Executive Directors at the Bank representing Canada, China, Republic of Korea, Turkey and Kuwait. Full text...

New York, US (PANA) - As part of the 40th anniversary of the International Day for South-South Cooperation, the United Nations drew together on Wednesday, more than 100 best-practices developed in the countries of the Global South, which embody the 17 Sustainable Development Goals (SDGs) and 2030 Agenda for Sustainable Development. Full text...

Washington, US (PANA) - The average quality of policies and institutions in Sub-Saharan Africa was broadly unchanged in 2017, according to the latest review by the World Bank, which affirmed this is a shift from the deterioration observed in the previous year. Full text...

Nouakchott, Mauritania (PANA) - The following are Wednesday's exchange rates for the Mauritanian Ouguiya as announced by the Central Bank of Mauritania. Full text...

Accra, Ghana (PANA) - The following are Wednesday's exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

Port-Louis, Mauritius (PANA) - The following are Wednesday's exchange rates for the Mauritian Rupee as announced by the Commercial Bank of Mauritius. Full text...

Kigali, Rwanda (PANA) - The World Bank Group on Tuesday launched the Development Finance Forum in Kigali, Rwanda, for global public and private sector leaders to explore and demonstrate strategies to boost private sector investment in East Africa’s priority sectors, notably, housing, agriculture and tourism. Full text...

Abidjan, Cote d'Ivoire (PANA) - The African Development Institute of the African Development Bank (AfDB) has announced the implementation of the Next African Global IT Leaders' Program, under the aegis of the Korea-Africa Economic Cooperation (KOAFEC) Knowledge Sharing Program (KSP). Full text...

Accra, Ghana (PANA) - The following are Tuesday's exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

Port-Louis, Mauritius (PANA) - The following are Tuesday's exchange rates for the Mauritian Rupee as announced by the Commercial Bank of Mauritius. Full text...

New York, US (PANA) - Corruption is present in all countries, “rich and poor, North and South, developed and developing”. United Nations Secretary-General António Guterres told the Security Council on Monday, at a session on tackling corruption for the sake of peace and international security. Full text...

Accra, Ghana (PANA) - The following are Monday's exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

Port-Louis, Mauritius (PANA) - The following are Monday's exchange rates for the Mauritian Rupee as announced by the Commercial Bank of Mauritius. Full text...

Libreville, Gabon (PANA) - The African Development Bank (AfDB) Group, through its Regional Office for Development and Service Delivery for Central Africa (DRGC), is to organize a workshop on the restitution of the regional study on the sustainable industrialization of Africa. Wood sector in the countries of the Congo Basin. Full text...

Addis Ababa, Ethiopia (PANA) - The Universal Postal Union (UPU), one of the world’s oldest international organizations, has met in the Ethiopian capital Addis Ababa to improve its working practices and define its role in the modern world. Full text...

Gaborone, Botswana (PANA) - Revenues from diamond mines in Botswana, combined with sound economic policies, have helped build infrastructure and kept the economy stable, the International Monetary Fund (IMF) said Friday, affirming that the southern Africa country is one of the few in sub-Saharan Africa that has truly benefited from its mineral wealth. Full text...

Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a US$ 15 million equity investment in Verod Capital Growth Fund III, a private equity fund that will make investments in high growth middle market companies in Anglophone West Africa, including Nigeria, Ghana, Liberia, Sierra Leone and the Gambia. Full text...

Abidjan, Cote d'Ivoire (PANA) - AfDB's Independent Development Evaluation (IDEV) opened its biennial Development Evaluation Week on Thursday in Abidjan, Côte d’Ivoire, attended by more than 400 government policy- and decision-makers, representatives from development partners, research and academic institutions, evaluation associations and the civil society. Full text...

Port-Louis, Mauritius (PANA) - The following are Friday's exchange rates for the Mauritian Rupee as announced by the Mauritian Commercial Bank. Full text...

Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) group has committed to support Equatorial Guinea’s economic diversification into agro-industry and a program of capacity building to foster public policies. Full text...

Beijing, China (PANA) - The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has urged Chinese business leaders to attend the Africa Investment Forum, scheduled to take place in Johannesburg, South Africa, from 7-9 November, 2018. Full text...

Accra, Ghana (PANA) - The following are Thursday's exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

Port-Louis, Mauritius (PANA) - The following are Thursday's exchange rates for the Mauritian Rupee as announced by the Commercial Bank of Mauritius. Full text...

Gaborone, Botswana (PANA) – International Monetary Fund (IMF) Directors have underscored the importance of adjusting Botswana’s development model to boost growth potential, lower unemployment, and promote diversification in the southern Africa country. Full text...

Maseru, Lesotho (PANA) – Lesotho authorities must focus efforts on addressing the public sector wage bill, which is one of the largest in the world compared to the size of the economy, an International Monetary Fund (IMF) mission has recommended at the end of a two-week visit to the country’s capital, Maseru, to discuss the authorities’ economic and financial programme and possible financial support by the Fund. Full text...

Washington, US PANA) - World Bank Vice President for the Middle East and North Africa, Ferid Belhaj is in on a two-day visit to Algeria from Wednesday to reaffirm the Bank’s support for the national goals of transforming the economy and unlocking the potential of the country’s large youth population, the Bank said. Full text...

Accra, Ghana (PANA) - The following are Wednesday's exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...