Economy -
  • Tanzania: Monday's exchange rates for Tanzania Shilling
    30 november 2015 06:34:35
    Dar es Salaam, Tanzania (PANA) - The following are Monday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • Ghana: Power barge to produce 225MW of electricity arrives
    29 november 2015 19:44:13
    Tema, Ghana (PANA) - A power barge that will produce 225MW of electricity has arrived in Ghana as the authorities conclude several projects to end a debilitating energy crisis that has affected industries and socio-economic activities in the West African country. Full text...

  • Sudan: Sudan conducting 'strategic dialogue' with US to lift sanctions
    28 november 2015 18:02:39
    Khartoum, Sudan (PANA) - Sudan’s ruling National Congress Party (NCP) says Khartoum is conducting "a strategic dialogue" with the US for lifting the US economic sanctions. Full text...

  • Senegal: Saturday's forex rates for the Gambian Dalasis
    28 november 2015 12:05:17
    Dakar, Senegal (PANA) – The following are Saturday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • France: Two French companies sign energy deal
    28 november 2015 07:03:26
    Paris, France (PANA) - Two French companies - telecom giant, Orange and multinational electric utility company, ENGIE - on Friday signed a deal to expand rural electricity grid and optimise power supply to Orange's telecoms infrastructure in Africa. Full text...

  • Zambia: Zambia's leading copper mining firm lays off 1,675 labourers
    27 november 2015 17:34:24
    Lusaka, Zambia (PANA) - Zambia's largest mining company, Konkola Copper Mines (KCM), Friday announced a layoff of 1,675 contract labourers and a further 825 job cuts in the next three months following its decision to place Nchanga underground mine (NUG) in Chingola, northern Copperbelt Province, under managed care and maintenance with immediate effect. Full text...

  • Senegal: Friday's forex rates for the Gambian Dalasis
    27 november 2015 11:02:03
    Dakar, Senegal (PANA) – The following are Friday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Belgium: ACP Council ends meeting
    27 november 2015 10:15:29
    Brussels, Belgium (PANA) - The ACP Council of Ministers has concluded its 102nd session with a renewed commitment to ensuring the success of the upcoming 8th Summit of ACP Heads of State and Government in 2016, which will be a pivotal point for the organisation, as it undergoes a review and reorientation process to position itself as a more effective global player. Full text...

  • Mauritania: Friday's exchange rates for Ouguiya
    27 november 2015 09:08:16
    Nouakchott, Mauritania (PANA) – The following are Friday's exchange rates for the Ouguiya as announced by the Central Bank of Mauritania. Full text...

  • Mauritius: Friday's forex rates for Rupee
    27 november 2015 07:54:58
    Port-Louis, Mauritius (PANA) – The following are Friday's exchange rates for the Mauritian rupee as issued by the Commercial Bank of Mauritius. Full text...

  • Ghana: Friday's exchange rates for Ghana cedi
    27 november 2015 06:25:37
    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 exchange rates for Tanzania Shilling
    27 november 2015 06:20:58
    Dar es Salaam, Tanzania (PANA) - The following are Friday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • Kenya: Pope Francis urges leaders to listen to AU on global trade deal
    26 november 2015 18:15:39
    Nairobi, Kenya (PANA) - Pope Francis gave a rare backing to the African Union (AU) ahead of a major international trade conference in Nairobi, calling for a deal to equalize the global trading environment. Full text...

  • Morocco: New maritime line links Morocco, Mauritania, Senegal
    26 november 2015 13:16:02
    Rabat, Morocco (PANA) – The international maritime transport group, CMA CGM, has opened a maritime transport line linking Morocco and some West African countries in a bid to promote economic trade between the countries of the region. Full text...

  • Gabon: Thursday's forex rates for CFAF in Central Africa
    26 november 2015 12:55:54
    Libreville, Gabon (PANA) – Here are Thursday's foreign exchange rates for the CFA Franc, as published by the Bank of Central African States (BEAC). Full text...

  • Senegal: Thursday's forex rates for Gambian Dalasis
    26 november 2015 11:13:20
    Dakar, Senegal (PANA) – The following are Thursday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Mauritius: Thursday's forex rates for Rupee
    26 november 2015 08:38:04
    Port-Louis, Mauritius (PANA) – The following are Thursday's exchange rates for the Mauritian rupee as issued by the Commercial Bank of Mauritius. Full text...

  • Ghana: Thursday's exchange rates for Ghana cedi
    26 november 2015 06:25:25
    Accra, Ghana (PANA) - The following are Thursday's average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Tanzania: Thursday's exchange rates for Tanzania Shilling
    26 november 2015 06:15:09
    Dar es Salaam, Tanzania (PANA) - The following are Thursday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • Senegal: BADEA gives São Tomé & Principe and Rwanda loans totaling US$22.80 million
    25 november 2015 13:51:19
    Dakar, Senegal (PANA) - The Arab Bank for Economic Development in Africa (BADEA) on Tuesday signed two loan agreements worth US$22.80 million in Khartoum for São Tomé & Principe and Rwanda. Full text...

  • Togo: Young Togolese entrepreneurs hold third Youth Business Forum
    25 november 2015 13:29:50
    Lomé, Togo (PANA) - Following the success of 2013 and 2014 editions, the Government of Togo on Wednesday announced the third edition of the Youth Business Forum to be held at Defitech in Lome on 5-6 December 2015. Full text...

  • Congo: American company set to invest in two projects in Congo
    25 november 2015 12:35:37
    Brazzaville, Congo (PANA) – The US group, Global Marketing Partners USA, says it is willing to invest in two projects in Congo for which financing is already available. Full text...

  • Egypt: Afreximbank closes US$525m syndicated loan to Egyptian utility firm
    25 november 2015 11:39:14
    Cairo, Egypt (PANA) - The African Export-Import Bank (Afreximbank) on Wednesday announced the closure of a US$525 million, five-year syndicated loan to the Egyptian Electricity Company (EEHC) to support the company to contribute more effectively to the Egyptian energy and power pool. Full text...

  • Senegal: Wednesday's forex rates for Gambian Dalasis
    25 november 2015 11:28:51
    Dakar, Senegal (PANA) – The following are Wednesday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Zambia: Wednesday’s exchange rates for Kwacha
    25 november 2015 11:03:15
    Lusaka, Zambia (PANA) - Following are Wednesday's exchange rates for the Zambian kwacha, as released by the Bank of Zambia. Full text...

  • Equatorial Guinea: National gas company opens negotiations for LPG purchase
    25 november 2015 08:56:03
    Malabo, Equatorial Guinea (PANA) - The Ministry of Mines, Industry and Energy of Equatorial Guinea has announced that the national gas company, Sociedad Nacional de Gas G.E. (SONAGAS), will begin marketing the State’s share of liquefied petroleum gas (LPG) produced at the Alba Plant, on Bioko Island. Full text...

  • Côte d’Ivoire: AfDB gives Comoros 7 million Euros for capacity building
    25 november 2015 08:34:56
    Abidjan, Côte d’Ivoire (PANA) – The African Development Bank (AfDB) has approved a grant of 7.61 million Euros for Comoros to finance the second stage of the country’s institutional capacity building programme (PRCI), a communiqué issued by the financial institution and received by PANA on Tuesday says. Full text...

  • Tanzania: 'Adopt prudent budget', IMF directors tell Cameroon
    25 november 2015 08:27:25
    Dar es Salaam, Tanzania (PANA) - Despite sharply falling international oil prices and heightened regional security threats, Cameroon’s economy has maintained notable resilience and continued robust growth this year, according to the latest assessment by the Executive Board of the International Monetary Fund (IMF). Full text...

  • Mauritius: Wednesday's forex rates for Rupee
    25 november 2015 08:17:53
    Port-Louis, Mauritius (PANA) – The following are Wednesday's exchange rates for the Mauritian rupee as issued by the Commercial Bank of Mauritius. Full text...

  • Tanzania: Wednesday's exchange rates for Tanzania Shilling
    25 november 2015 06:54:24
    Dar es Salaam, Tanzania (PANA) - The following are Wednesday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • Nigeria: 'Sabotage, theft undermining power supply'
    24 november 2015 23:50:26
    Abuja, Nigeria (PANA) - Nigeria's President Muhammadu Buhari has said that the sabotage and theft of gas were undermining the government's efforts to increase power supply in the country. Full text...

  • Senegal: Second Powering Africa Summit holds January 2016 in Washington, D.C.
    24 november 2015 19:10:51
    Dakar, Senegal (PANA) – In a bid to achieve the goal of bringing power to Africa, investors, project developers, representatives of governments, utilities and regulators will hold the second annual ''Powering Africa: Summit'' in Washington, D.C in America in January 2016, organisers of the gathering said Tuesday. Full text...

  • Luxembourg: Guinea Microfinance Bank wins 2015 European Microfinance Award
    24 november 2015 14:54:54
    Luxembourg, Luxembourg (PANA) - Guinea's rural microfinance provider, Crédit Rural de Guinée (CRG), has won the 6th European Microfinance Award, presented on Thursday by Her Royal Highness, Grand Duchess Maria Teresa of Luxembourg and the Luxembourg Minister for Development Cooperation and Humanitarian Affairs, M. Romain Schneider, at a ceremony held at the European Investment Bank Headquarters here. Full text...

  • Rwanda: Tuesday's forex rates for Rwandan Franc
    24 november 2015 12:32:41
    Kigali, Rwanda (PANA) - The following are Tuesday's foreign exchange rates for the Rwandan Franc, as issued by the National Bank of Rwanda. Full text...

  • Senegal: Tuesday's forex rates for the Gambian Dalasis
    24 november 2015 10:45:53
    Dakar, Senegal (PANA) – The following are Tuesday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Gabon: Tuesday's forex rates for CFA franc in Central Africa
    24 november 2015 10:43:53
    Libreville, Gabon (PANA) – The following are Tuesday's exchange rates for the CFA franc in Central Africa as issued by the Bank of Central African States (BEAC). Full text...

  • Mauritania: Tuesday's forex rates for Ouguiya
    24 november 2015 10:38:08
    Nouakchott, Mauritania (PANA) - The following are Tuesday's exchange rates for the Mauritanian Ouguiya as issued by the Mauritanian Central Bank. Full text...

  • Mauritius: Tuesday's exchange rates for Mauritian Rupee
    24 november 2015 09:35:47
    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...

  • Ghana: Tuesday's exchange rates for Ghana cedi
    24 november 2015 07:48:59
    Accra, Ghana (PANA) - The following are Tuesday's average interbank exchange rates for the Ghana cedi as announced by the Ghana Association of Bankers. Full text...

  • Botswana: Botswana to 'prop up' sluggish economy
    24 november 2015 07:43:01
    Gaborone, Botswana (PANA) - Botswana’s finance minister Kenneth Matambo has said plans by the government to draw funds from the foreign reserves to stimulate the country’s ailing economy is not a "master stroke" to all problems facing the nation. Full text...

  • Tanzania: Tuesday's exchange rates for Tanzania Shilling
    24 november 2015 06:03:37
    Dar es Salaam, Tanzania (PANA) - The following are Tuesday's exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania. Full text...

  • Rwanda: Rwanda's producer price index up 0.42% in Q3 of 2015
    23 november 2015 17:34:48
    Kigali, Rwanda (PANA) - Rwanda's producer price index, one of the key inflation indicators, rose 0.42 percent in the third quarter of 2015 from the previous quarter, the National Bureau of Statistics said on Monday. Full text...

  • Egypt: Egyptian business delegation visits DR Congo
    23 november 2015 12:39:22
    Cairo, Egypt (PANA) – A delegation of Egyptian businessmen Monday began a visit to the Democratic Republic of Congo (DR Congo) where they will examine ways and means to strengthen bilateral cooperation and open new markets for the public and private sectors between the two countries. Full text...

  • Botswana: Govt. develop water, power infrastructure
    23 november 2015 12:24:19
    Gaborone, Botswana (PANA) - Botswana’s Minister of Minerals, Energy and Water Resources, Onkokame Kitso Mokaila, on Monday announced that the government had committed to making significant investments in water and power infrastructure. Full text...

  • Zambia: Monday’s forex rates for Kwacha
    23 november 2015 12:12:30
    Lusaka, Zambia (PANA) - Following are Monday's foreign exchange rates for the Zambian kwacha, as released by the Bank of Zambia. Full text...

  • Algeria: Algeria trade balance shows US$10.825 billion deficit
    23 november 2015 11:32:29
    Algiers, Algeria (PANA) – Algeria’s balance of trade has recorded a deficit of US$10.825 billion dollars for the first 10 months this year, as against a positive figure of US$4.29 billion over the same period last year, say statistics released by the Algerian national centre for information and customs statistics. Full text...

  • Senegal: Monday's forex rates for the Gambian Dalasis
    23 november 2015 11:03:32
    Dakar, Senegal (PANA) – The following are Monday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Mauritius: Monday's exchange rates for the Mauritian Rupee (Refiling to correct rate of Malawi Kwacha)
    23 november 2015 09:15:42
    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...

  • Mauritius: Monday's exchange rates for the Mauritian Rupee
    23 november 2015 09:11:41
    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...

  • Rwanda: Monday's forex rates for Rwandan Franc
    23 november 2015 07:45:30
    Kigali, Rwanda (PANA) - The following are Monday's foreign exchange rates for the Rwandan Franc as issued by the National Bank of Rwanda. Full text...

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