Economy -
  • Nigeria : Wednesday's foreign exchange rates in Nigeria
    18 february 2015 18:07:27
    Lagos, Nigeria (PANA) - The following are Wednesday's exchange rates for the Nigerian Naira as released by the Central Bank of Nigeria. Full text...

  • Nigeria: ECOWAS planning experts brainstorm on regional, national development plans
    18 february 2015 18:00:33
    Lagos, Nigeria (PANA) - National planning experts from the 15-member Economic Community of West African States (ECOWAS) Wednesday began a three-day brainstorming in Lagos on the integration of the regional aspirations into national development plans. Full text...

  • Tanzania: AfDB supports Kenya, Tanzania power interconnection with ADF loan
    18 february 2015 17:45:50
    Dar es Salaam, Tanzania (PANA) The Board of Directors of the African Development Bank Group (AfDB) approved on Wednesday an African Development Fund (ADF) loan of US $144.9 million to the Kenya–Tanzania Power Interconnection Project. Full text...

  • Rwanda: Wednesday's forex rates in Rwanda
    18 february 2015 17:21:18
    Kigali, Rwanda (PANA) - The following are Wednesday's foreign exchange rates for the Rwandan Franc as issued by the National Bank of Rwanda: Full text...

  • Botswana: Central bank slashes bank rate
    18 february 2015 14:22:54
    Gaborone, Botswana (PANA) - Botswana’s central bank on Wednesday reduced the country’s bank rate by 1 percentage point to 6.5 percent. Full text...

  • Togo: Lome hosts first Africa Best Practices Forum on improving Africa's business framework, environment
    18 february 2015 12:14:59
    Lome, Togo (PANA) - Lomé, the capital of Togo, will host the first Africa Best Practices Forum on 26 and 27 February, organized by the Pan-African bank, Ecobank, recruitment agency AfricSearch and company Ellipse Communication which are working together with the support of the World Bank and the West African Development Bank (BOAD). Full text...

  • Kenya: 100 key decision-makers discuss "Powering East Africa"
    18 february 2015 11:56:40
    Nairobi, Kenya (PANA) - Some 100 key decision-makers will converge in Kenya 25-27 March, 2015, to discuss how to effectively power East Africa. Full text...

  • Mauritania: Wednesday's forex rates for Ouguiya
    18 february 2015 11:17:17
    Nouakchott, Mauritania (PANA) - The following are Wednesday's foreign exchange rates for the Mauritanian Ouguiya: Full text...

  • Mauritius: Wednesday's forex rates for Rupee
    18 february 2015 08:46:39
    Port-Louis, Mauritius (PANA) - The following are Wednesday's exchange rates for the Mauritian Rupee: Full text...

  • Ghana: Wednesday's exchange rates for Ghana cedi
    18 february 2015 07:27:51
    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: Wednesday's exchange rates for Tanzania Shilling
    18 february 2015 07:18:47
    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...

  • Senegal: Wednesday’s forex rates for Gambian Dalasis
    18 february 2015 07:16:50
    Dakar, Senegal (PANA) - The following are Wednesday’s exchange rates for the Gambian currency, the Dalasis (D), as issued by Gambia’s Trust Bank: Full text...

  • Nigeria : Tuesday's foreign exchange rates in Nigeria
    17 february 2015 18:45:03
    Lagos, Nigeria (PANA) - The following are Tuesday's exchange rates for the Nigerian Naira as released by the Central Bank of Nigeria Full text...

  • Egypt: Afreximbank holds business forum in Cairo 24 Feb
    17 february 2015 15:40:35
    Cairo, Egypt (PANA) - The African Export-Import Bank (Afreximbank) on Tuesday announced plans to hold a one-day business forum in the Egyptian capital, Cairo, on 24 Feb. to promote improved trade between Egypt and the rest of Africa. Full text...

  • Senegal: PwC says oil, gas explorers must rethink
    17 february 2015 15:36:31
    Dakar, Senegal (PANA) – The PricewaterhouseCoopers (PwC) Tuesday said that oil and gas explorers must rethink their capital expenditure on exploration activity across the African continent in the wake of the significant drop in the global oil price. Full text...

  • Rwanda: Tuesday's forex rates in Rwanda
    17 february 2015 14:36:16
    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...

  • Rwanda: Vibrant banking sector, key to national economic performance in 2014
    17 february 2015 14:33:53
    Kigali, Rwanda (PANA) - The governor of National Bank of Rwanda, John Rwangombwa, on Tuesday said that leading indicators of the Central African nation's economic activity showed that the economy performed well in the fourth quarter of 2014 and evolved towards attaining or even surpassing the projected growth of 6% that year, according to the latest economic report released Tuesday by the central bank in Kigali. Full text...

  • Rwanda: Rwanda's stock exchange index edged down slightly
    17 february 2015 14:05:00
    Kigali, Rwanda (PANA) - The Rwandan stock exchanges index edged down Tuesday to 0.26 points following a large part of some 104,100 outstanding offers of the Bank of Kigali (KB) which were not sold at the close of the session, an official statement issue in Kigali. Full text...

  • Gabon: Tuesday's forex rates for Central Africa CFA
    17 february 2015 13:47:21
    Libreville, Gabon (PANA) - The following are Tuesday's foreign exchange rates for the Central African CFA as released by the Central African Bank of States. Full text...

  • Nigeria: AfTra approves US$1.4m for four projects in Africa
    17 february 2015 13:24:17
    Lagos, Nigeria (PANA) - The Africa Trade Fund (AfTra), an arm of the African Development Bank (AfDB), has approved funding worth more than US$1.4 million for four projects that will support trade development across the continent. Full text...

  • Mauritania: Tuesday's forex rates for Mauritanian Ouguiya
    17 february 2015 12:09:37
    Nouakchott, Mauritania (PANA) - The following are Tuesday's foreign exchange rates for the Mauritanian Ouguiya as released by the Mauritanian Central Bank. Full text...

  • Kenya: MoneyGram spreads wings across Africa
    17 february 2015 11:46:31
    Nairobi, Kenya (PANA) - MoneyGram, a leading global money transfer company, said its agent network in Africa has now reached 25,000 locations, following a strategic expansion initiative across the continent. Full text...

  • Nigeria: WB launches solar power scheme to boost Africa’s energy need
    17 february 2015 10:42:09
    Lagos, Nigeria (PANA) - A new solar energy scheme, aimed at promoting access to modern alternative energy across Africa, has been launched by the World Bank, the local media reported Tuesday. Full text...

  • Ghana: Tuesday's exchange rates for Ghana cedi
    17 february 2015 08:04:49
    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...

  • Botswana: Inflation continues to drop
    17 february 2015 07:28:59
    Gaborone, Botswana (PANA) - Botswana’s national annual inflation has continued to drop, the country’s data authority said here Tuesday. Full text...

  • Senegal: Tuesday’s forex rates for Gambian Dalasis
    17 february 2015 07:24:41
    Dakar, Senegal (PANA) - The following are Tuesday’s exchange rates for the Gambian currency, the Dalasis (D), as issued by Gambia’s Trust Bank: Full text...

  • Rwanda: Monday's forex rates in Rwanda
    16 february 2015 18:56:36
    Kigali, Rwanda (PANA) - The following are Monday's exchange rates for the Rwandan Franc as issued by the National Bank of Rwanda: Full text...

  • Mauritania: Monday's forex rates for Mauritanian Ouguiya
    16 february 2015 15:02:37
    Nouakchott, Mauritania (PANA) - The following are Monday's foreign exchange rates for the Mauritanian Ouguiya, as released by the Mauritanian Central Bank. Full text...

  • Gabon: Monday's forex rates in Central Africa
    16 february 2015 15:00:01
    Libreville, Gabon (PANA) - The following are Monday's foreign exchange rates in the Central African States: Full text...

  • Nigeria: Regulatory bodies move to deal with erring insurance companies
    16 february 2015 14:33:57
    Lagos, Nigeria (PANA) - The apex regulatory agency in the capital market, the Securities and Exchange Commission (SEC), and its Insurance counterpart, the National Insurance Commission (NAICOM), are to deepened their collaboration with a view to dealing with insurance companies that misappropriate funds raised from the stock market. Full text...

  • Nigeria: Business group advocates easy access to finance for SMEs
    16 february 2015 14:26:43
    Lagos, Nigeria (PANA) - The President of Nigeria’s foremost business group, the Lagos Chamber of Commerce and Industry (LCCI), Alhaji Remi Bello, has underscored the need to make access to finance for Small Medium Enterprises (SMEs) less cumbersome, so as to create wealth, more jobs and reduced poverty. Full text...

  • Mauritius: World Bank to support economic development in Mauritius
    16 february 2015 13:11:14
    Port-Louis, Mauritius (PANA) - Mauritius and the World Bank are putting forward a new Country Partnership Framework for the island that outlines the operational and strategic framework of collaboration for the period 2015 to 2020, PANA reported from here. Full text...

  • Zambia: Monday’s forex rates for Kwacha
    16 february 2015 12:26:02
    Lusaka, Zambia (PANA) - Following are Monday's exchange rates for the Zambian kwacha, as released by the Bank of Zambia: Full text...

  • Côte d’Ivoire: Côte d’Ivoire hosts international confab on Africa in March
    16 february 2015 11:26:04
    Abidjan, Côte d’Ivoire (PANA) - An international conference on Africa's emergence is slated to he held in Abidjan, Cote d'Ivoire, 18-20 March 2015, official sources told PANA here Monday. Full text...

  • Ghana: Monday's exchange rates for Ghana cedi
    16 february 2015 09:04:15
    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...

  • Mauritius: Monday's forex rates for Rupee
    16 february 2015 08:36:08
    Port-Louis, Mauritius (PANA) - The following are Monday's exchange rates for the Mauritian Rupee: Full text...

  • Tanzania: Monday's exchange rates for Tanzania Shilling
    16 february 2015 07:38:32
    Dar es Salaam, Tanzania (PANA) - Following are Monday's exchange rates for the Tanzania Shilling, as issued by the Bank of Tanzania: Full text...

  • Senegal: Monday’s forex rates for Gambian Dalasis
    16 february 2015 07:22:38
    Dakar, Senegal (PANA) - The following are Monday’s exchange rates for the Gambian currency, the Dalasis (D), as issued by Gambia’s Trust Bank: Full text...

  • Mauritius: Sugar production slides in Mauritius
    15 february 2015 15:27:16
    Port-Louis, Mauritius (PANA) – According to the figures compiled by the Mauritius Chamber of Agriculture, sugar production for the 2014 crop that ended this weekend in the island was 400,000 tons, down from 408,000 tons in 2013, PANA learned from official sources in Port-Louis on Sunday. Full text...

  • Senegal: Saturday’s forex rates for Gambian Dalasis
    14 february 2015 07:23:45
    Dakar, Senegal (PANA) – The following are Saturday’s foreign exchange rates for the Gambian currency, the Dalasis (D), as issued by Gambia’s Trust Bank: Full text...

  • Congo: 'France granted Congo 19 billion CFAF in 2014'
    13 february 2015 21:54:27
    Brazzaville, Congo (PANA) – French bilateral and technical assistance to Congo in 2014 is estimated at some 19 billion CFAF, the French ambassador in Congo, Jean-Pierre Vidon, said on Friday in Brazzaville in a news conference. Full text...

  • Nigeria: Friday's foreign exchange rates in Nigeria
    13 february 2015 18:53:26
    Lagos, Nigeria (PANA) - Following are Friday's exchange rates for the Nigerian Naira as released by the Central Bank of Nigeria. Full text...

  • Sierra Leone: Ebola Fund mismanaged - Auditor General
    13 february 2015 15:54:30
    Freetown, Sierra Leone (PANA) - The Office of Sierra Leone's Auditor General has released a damning report on the management so far of the Ebola funds, showing how the Ministry of Health had little or no control over the disbursement of the funds. Full text...

  • Mauritania: Friday's forex rates for Ouguiya
    13 february 2015 15:48:47
    Nouakchott, Mauritania (PANA) - The following are Friday's foreign exchange rates for the Mauritanian Ouguiya: Full text...

  • Mauritius: Air Mauritius posts negative financial results
    13 february 2015 14:17:00
    Port-Louis, Mauritius (PANA) – The Mauritian national airline, Air Mauritius, Friday posted negative results of 2.7 million euros for the last quarter of 2014 for a total revenue of 123.7 million euros as compared to profits of 8.6 million euros for the same period a year earlier. Full text...

  • Cote d'Ivoire: Trading up at West African bourse
    13 february 2015 13:53:17
    Abidjan, Cote d’Ivoire (PANA) - Trading at the West African regional stock exchange, BRVM, ended Thursday on a 0.38% rise, with the BRVM index 10 inching up from 263.48 to 264.49 points. Full text...

  • Rwanda: Friday's forex rates in Rwanda
    13 february 2015 11:46:57
    Kigali, Rwanda (PANA) - The following are Friday's exchange rates for the Rwandan Franc, as issued by the National Bank of Rwanda: Full text...

  • Tanzania: IMF urges Mauritania to improve fiscal framework, resource management
    13 february 2015 09:07:17
    Dar es Salaam, Tanzania (PANA) - Commending the Mauritanian authorities for policies that have secured macroeconomic stability and supported development in recent years, the International Monetary Fund (IMF) Executive Board has noted, however, that risks from further declines in iron ore prices and weak activity in key trading partners cloud the country's outlook for the near term. Full text...

  • Mauritius: Friday's forex rates for Rupee
    13 february 2015 08:47:22
    Port-Louis, Mauritius (PANA) - The following are Friday's exchange rates for the Mauritian Rupee: Full text...

  • Tanzania: Friday's exchange rates for Tanzania Shilling
    13 february 2015 08:44:41
    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...

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