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...

Johannesburg, South Africa (PANA) – Nine months after the biggest corporate scandal in South African history saw the global Steinhoff International group face collapse, its disgraced former CEO appeared in Parliament on Wednesday. Full text...

Beijing, China (PANA) – Underlining the importance of improved technologies in the development of Tanzania’s agricultural sector, Prime Minister Kassim Majaliwa has invited potential Chinese investors to focus on agro-processing industries in order to increase the value and find global markets for the country's farm products. Full text...

Abidjan, Cote d'Ivoire (PANA) - "We salute the African Development Bank (AfDB), a major player that assists our country and whose multifaceted support contributes to the fight against poverty and the transformation of our economy," said Nialé Kaba, the Ivorian Minister of Planning and Development of Africa, Monday, on Monday in Abidjan,during the high-level consultation on the Bank's new Country Strategy Paper (CSP) in Côte d'Ivoire for the period 2018-2022. 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...

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

Johannesburg, South Africa (PANA) – South Africa has officially entered a technical recession. This after Stats SA on Tuesday announced that the country's real gross domestic product had decreased by 0.7% in the second quarter of the year. A GDP contraction of 2.2% in the first quarter resulted in two consecutive quarters of negative growth. 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...

Rabat, Morocco (PANA) - Morocco's net international reserves as at 24 August amounted to 226.2 billion dirhams (US$24.3 billion), up 5.1% year-on-year, Morocco's Central Bank has said in a statement published on Tuesday. Full text...

Beijing, China (PANA) - Highlighting the economic and development progress made in China and Africa, United Nations Secretary-General António Guterres has urged them to unite their combined potential for peaceful, sustainable and equitable progress to the benefit of all humankind. 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...

Abuja, Nigeria (PANA) – Nigeria’s President Muhammadu Buhari arrived Beijing on Saturday to attend the Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) holding September 3 - 4, 2018. Full text...

Tunis, Tunisia (PANA) - There are encouraging signs that economic activity is picking up in Tunisia following a 2.6 percent (year-on-year) growth registered in the first half of this year, with robust performance in agriculture, tourism, and services. Full text...

Dar es Salaam, Tanzania (PANA) - Graphite developer Walkabout Resources, based in Western Australia, wants to advance project funding negotiations after a mining licence was granted for its Lindi Jumbo project, in southeastern Tanzania. Full text...

Johannesburg, South Africa (PANA) - A South Africa moderately more attractive to investors would catalyse the creation of 50,000 more mining jobs and an additional 200, 000 jobs overall, Minerals Council South Africa CEO Roger Baxter told the Africa Down Under conference in Perth, Australia, on Thursday. Full text...

Dar es Salaam, Tanzania (PANA) – Tanzanian Prime Minister Kassim Majaliwa will head the country’s delegation to the 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) to be held from 1-4 September in the Chinese capital, the Ministry of Foreign Affairs and East African Cooperation said here on Friday. Full text...

Dar es Salaam, Tanzania (PANA) – AIM-listed African Battery Metals (ABM) has decided to relinquish its interests in gold and iron-ore projects in Sierra Leone to focus on its newly acquired nickel and cobalt projects in Cameroon and Côte d’Ivoire. Full text...

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

Rabat, Morocco (PANA) - Moroccan flag carrier Royal Air Maroc (RAM) will from 2 April, 2019 launch a direct flight between Casablanca and Athens. 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...

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

Rome, Italy (PANA) - The African Development Bank (AfDB) and FAO on Tuesday agreed to boost joint efforts aimed at catalysing agriculture sector investments in Africa to end hunger and malnutrition and increase prosperity throughout the continent. 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) - The number of people travelling abroad has hit its highest level since 2010, according to data from the Tourism Organization (UNWTO), a specialised agency of the United Nations. Full text...

Abidjan, Cote d'Ivoire (PANA) - Civil Society Organizations (CSOs) in Côte d’Ivoire have affirmed their support for the African Development Bank’s draft Country Strategy Paper for Côte d’Ivoire, which establishes the Bank’s development priorities in the west African country for the next five years (2018-2022). Full text...

Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB), the Nordic Development Fund and other partners have committed US$ 58 million to support the Off-Grid Energy Access Fund (OGEF). Full text...

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

Windhoek, Namibia (PANA) – Namibia has opened two solar plants, Ejuva One and Ejuva Two, built at a total cost of US$21 million in Gobabis, capital of the eastern Omaheke Region. Full text...

Dar es Salaam, Tanzania (PANA) - The gold price has fallen to a 20-month low amid sharp emerging-market currency depreciation, South Africa’s Mining Weekly reported on Friday quoting the World Gold Council (WGC). Full text...

Abidjan, Cote d'Ivoire (PANA) - As the African Development Bank (AfDB) celebrates World Fashion Day, we take this opportunity to reflect on the potential of the Fashion industry to create value and wealth across the continent, with women and youth at the heart of this change. Full text...

Luanda, Angola (PANA) – The Government of President João Manuel Gonçalves Lourenço has taken important steps toward improving governance and restoring macroeconomic stability in Angola, according to Mr. Tao Zhang, Deputy Managing Director of the International Monetary Fund (IMF). Full text...

Abuja, Nigeria (PANA) – Nigeria’s President Muhammadu Buhari on Monday signed the Instrument of Accession to the International Cocoa Agreement, 2010, sequel to an approval by the Federal Executive Council (FEC). Full text...

Kigali, Rwanda (PANA) - Africa's young people are key to achieving the continent's sustainable development, but realising this great potential requires creating more jobs for them, including in the increasingly digitalized agriculture sectors, FAO Director-General José Graziano da Silva, said on Monday Full text...

Addis Ababa, Ethiopia (PANA) - The Chairperson of the African Union Commission, Moussa Faki Mahamat, is in Windhoek, Namibia, to take part in the 38th Ordinary Summit of the Southern African Development Community (SADC), scheduled to take place on 17 and 18 August 2018. Full text...

Washington D.C., US (PANA) - The African Development Bank (AfDB), in collaboration with the Inter-American Development Bank (IADB), and other multilateral development banks and international institutions, will organize a Global Public Procurement Conference on the theme: "Towards the digital frontier". Full text...

Abidjan, Cote d'Ivoire (PANA) - At the invitation of the Government of Côte d’Ivoire and the African Development Bank (AfDB) Group President, Dr. Akinwumi Adesina, Canada’s Minister for International Development, Marie-Claude Bibeau, is due to visit Côte d’Ivoire on Thursday to strengthen relations with the Bank, of which Canada is the fifth-largest shareholder and the fourth among non-regional member countries. Full text...

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

Abuja, Nigeria (PANA) – The Nigerian National Bureau of Statistics (NBS), says the country’s Consumer Price Index (CPI), which measured inflation for July 2018, dropped to 11.14 per cent (year-on-year) from 11. 23 per cent recorded in June. Full text...

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

Dar es Salaam, Tanzania (PANA) – A Mauritian government mission is visiting Tanzania to complete investment procedures for sugar production, the Ministry of Foreign Affairs and East African Cooperation said on Wednesday. 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...

Lusaka, Zambia (PANA) - The Economic Commission for Africa (ECA), Southern Africa Office in Lusaka, has launched the Zambia STEPS Profile and the Country Profiles (CPs) for Botswana, Lesotho, Namibia and Zimbabwe. 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...

Nairobi, Kenya (PANA) - The 895-km highway corridor linking Kenya and Ethiopia has not only eased cross-border traffic between the two countries, but is a major push for economic integration within Africa, resulting in jobs and improved livelihoods across the Horn region. 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...