Economy -
  • Ghana: Friday's exchage rates for Ghana cedi
    03 october 2014 09:47:50
    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: IMF Mission approves Côte d’Ivoire's budget execution
    03 october 2014 09:08:17
    Dar es Salaam, Tanzania (PANA) - Côte d’Ivoire's real Gross Domestic Product (GDP) growth is expected to reach about 8 percent in 2014 and 2015, according to a staff team of the International Monetary Fund (IMF) that has just concluded a two-week working visit to the West African country. Full text...

  • Tanzania: Friday's forex rates for Shilling
    03 october 2014 08:54:01
    Dar es Salaam, Tanzania (PANA) - Following are Friday's foreign exchange rates for the Tanzania Shilling, as issued by the Bank of Tanzania: Full text...

  • Mauritius: Friday's forex rates for Rupee
    03 october 2014 08:52:53
    Port-Louis, Mauritius (PANA) - Following are Friday's foreign exchange rates for the Mauritian Rupee: Full text...

  • Tanzania: IMF Executive Board hails Kenya's market-friendly reforms
    02 october 2014 18:01:46
    Dar es Salaam, Tanzania (PANA) - The International Monetary Fund (IMF) Executive Board Thursday commended Kenyan authorities for maintaining macroeconomic stability, introducing important market-friendly reforms, and for Kenya’s successful debut Eurobond issuance. Full text...

  • Mauritius: Mauritian economy faces bleak prospects in 2014
    02 october 2014 16:33:20
    Port Louis, Mauritius (PANA) – Mauritian Deputy Prime Minister and Acting Finance Minister Rashid Beebeejaun Thursday said that economic growth in the island will reach 3.5% in 2014 as compared to 3.8% to 4% estimated at the beginning of the year. Full text...

  • Kenya: Kenya's Safaricom cancels cheaper int'l roaming service launch
    02 october 2014 14:15:32
    Nairobi, Kenya (PANA) - Kenyan mobile phone company, Safaricom, has cancelled plans to introduce cheaper roaming international call tariff after the Rwandan government slapped taxes on international calls, company executives said. Full text...

  • Ethiopia: Africa's airlines face tough future with Ebola spread to US - Analysts
    02 october 2014 13:12:03
    Addis Ababa, Ethiopia (PANA) - The Ebola spread to the US has created fears that US aviation authorities could slap travel restrictions, which would signal a major crisis for African airlines struggling to make profits, analysts warned in a report on Thursday. Full text...

  • Mauritania: Thursday's forex rates for Ouguiya
    02 october 2014 11:31:11
    Nouakchott, Mauritania (PANA) - Following are Thursday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Libya: Thursday's exchange rates for Libyan Dinar
    02 october 2014 11:29:14
    Tripoli, Libya (PANA) - Following are Thursday's exchange rates for the Libyan Dinar: Full text...

  • Senegal: Thursday’s forex rates for Gambian Dalasis
    02 october 2014 11:25:55
    Dakar, Senegal (PANA) - Following are Thursday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Mauritius: Thursday's forex rates for Rupee
    02 october 2014 11:24:15
    Port-Louis, Mauritius (PANA) - Following are Thursday's exchange rates for the Mauritian Rupee: Full text...

  • Zambia: Kwacha trades within tight range against US dollar
    02 october 2014 09:59:13
    Lusaka, Zambia (PANA) - The Kwacha has continued to trade within a tight range against the US Dollar, despite other major currencies trading on the back foot against the greenback. Full text...

  • Zambia: Zambia tops landlocked African countries foreign investment inflow
    02 october 2014 08:28:43
    Lusaka, Zambia (PANA) - Zambia has the highest inflow of Foreign Direct Investment (FDI) among the 16 Landlocked Developing Countries in Africa, according to the UN Conference on Trade and Development (UNCTAD). Full text...

  • Tanzania: Thursday's forex rates for Shilling
    02 october 2014 07:56:59
    Dar es Salaam, Tanzania (PANA) - Following are Thursday's foreign exchange rates for the Tanzania Shilling as issued by the Bank of Tanzania: Full text...

  • Ghana: Thursday's exchange rates for Ghana cedi
    02 october 2014 07:52:05
    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...

  • Tanzania: IMF team sees threats to Algeria's macroeconomic stability growing
    01 october 2014 21:05:38
    Dar es Salaam, Tanzania (PANA) - For the first time in nearly 15 years, Algeria's current account is expected to record a deficit as slumping hydrocarbon production, strong domestic hydrocarbon consumption, and lower oil prices weigh on exports, while imports continue to grow, a visiting staff team of the International Monetary Fund (IMF) has observed. Full text...

  • Kenya: Kenya rises to Africa's ninth largest economy after rebasing
    01 october 2014 15:23:48
    Nairobi, Kenya (PANA) - Kenya has jumped to Africa’s ninth largest economy with an average income of US$1,246 and a Gross Domestic Product (GDP) size of US$55.2 billion, down from the previous US$44.1 billion, PANA reported. Full text...

  • Malawi: First 'cashgate' case sentencing shifted to Monday
    01 october 2014 14:25:33
    Blantyre, Malawi (PANA) - Sentencing in the first cashgate case has been shifted to Monday, 6 October. Full text...

  • Mauritius: Mauritius to attain 35% of renewable energy by 2025
    01 october 2014 14:19:25
    Port-Louis, Mauritius (PANA) - Mauritius aims to produce about 35% of its electricity needs from renewable sources, supported by several projects that include wind-farms and photovoltaic farms and Waste-to-Energy projects that are already in operation, according to the Executive chairman of the Maurice Ile Durable Fund (MID), Osman Mahomed. Full text...

  • Tanzania: Zambia, Tanzania, Kenya sign MoU to develop power interconnector project
    01 october 2014 13:29:22
    Dar es Salaam, Tanzania (PANA) - Energy ministers from Tanzania, Kenya and Zambia have signed a memorandum of understanding (MoU) to undertake a sub-regional power interconnector project aimed at facilitating power trading in the three countries. Full text...

  • Ethiopia: WB offers US$600m boost to Ethiopia's 'work-for-food' plan
    01 october 2014 13:03:59
    Addis Ababa, Ethiopia (PANA) - The World Bank has approved US$600 million to boost Ethiopia’s fight against rural poverty through the East African nation’s 10-year-long programme, known as the Productive Safety Net Project. Full text...

  • Tanzania: IMF mission notes Seychelles’ commitment to continued strong policies
    01 october 2014 11:32:51
    Dar es Salaam, Tanzania (PANA) - Highlighting the risks that public enterprises can pose to the public finances and development of the private sector, an International Monetary Fund (IMF) mission has stressed to the authorities in Seychelles the importance of pursuing plans to strengthen their oversight and governance, while enlarging the private sector’s role in the economy. Full text...

  • Mauritania: Wednesday's forex rates for Ouguiya
    01 october 2014 10:34:31
    Nouakchott, Mauritania (PANA) - Following are Wednesday's exchange rates for the Mauritanian Ouguiya: Full text...

  • Libya: Wednesday's exchange rates for Libyan Dinar
    01 october 2014 10:18:23
    Tripoli, Libya (PANA) - Following are Wednesday's exchange rates for the Libyan Dinar: Full text...

  • Senegal: Wednesday’s forex rates for Gambian Dalasis
    01 october 2014 09:42:03
    Dakar, Senegal (PANA) - Following are Wednesday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Tanzania: IMF advises DRC on taming pervasive poverty
    01 october 2014 09:40:18
    Dar es Salaam, Tanzania (PANA) - Despite strong macroeconomic performance by the Democratic Republic of Congo (DRC), poverty remains pervasive and the economy vulnerable, exposing this progress to reversal, the International Monetary Fund (IMF) has observed after its consultation with the authorities in Kinshasa. Full text...

  • Tanzania: Wednesday's forex rates for Shilling
    01 october 2014 08:29:37
    Dar es Salaam, Tanzania (PANA) - Following are Wednesday's exchange rates for the Tanzania Shilling, as issued by the Bank of Tanzania: Full text...

  • Mauritius: Wednesday's forex rates for Rupee
    01 october 2014 08:25:12
    Port-Louis, Mauritius (PANA) - Following are Wednesday's exchange rates for the Mauritian Rupee: Full text...

  • Ghana: Wednesday's exchange rates for Ghana cedi
    01 october 2014 08:23:31
    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...

  • Nigeria: Tuesday's foreign exchange rates in Nigeria
    30 september 2014 22:34:36
    Lagos, Nigeria (PANA) - Here are the latest exchange rates for the Nigerian currency, the Naira, against other major foreign currencies, as released by the Central Bank of Nigeria (CBN). Full text...

  • Mauritania: Tuesday's exchange rates for Ouguiya
    30 september 2014 19:30:33
    Nouakchott, Mauritania (PANA) - Following are Tuesday's foreign exchange rates for the Mauritanian Ouguiya: Full text...

  • Gabon: Tuesday's forex rates in Central Africa
    30 september 2014 19:19:17
    Libreville, Gabon (PANA) - Following are Tuesday's exchange rates in the Central African States: Full text...

  • Libya:Tuesday's exchange rates for Libyan Dinar
    30 september 2014 19:17:27
    Tripoli, Libya (PANA) - Following are Tuesday's exchange rates for the Libyan Dinar: Full text...

  • Mauritius: Tuesday's forex rates for Rupee
    30 september 2014 18:53:07
    Port Louis, Mauritius (PANA) - Following are Tuesday's exchange rates for the Mauritian Rupee: Full text...

  • Ethiopia: Shift to 'green economy' boosting economic growth in Ethiopia
    30 september 2014 09:55:02
    Addis Ababa, Ethiopia (PANA) - Ethiopia will boost economic growth by investing in renewable energy sources, introducing new cooking technologies for the rural folk and boosting livestock trade in efforts to cut greenhouse gases, officials said Monday. Full text...

  • Senegal: Tuesday’s forex rates for Gambian Dalasis
    30 september 2014 09:45:02
    Dakar, Senegal (PANA) - Following are Tuesday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Ghana: Tuesday's exchange rates for Ghana cedi
    30 september 2014 09:32:26
    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...

  • Zambia: Kwacha predicted to trade within tight range this week
    30 september 2014 09:17:59
    Lusaka, Zambia (PANA) - The Zambian Kwacha is likely to continue to trade within a tight range for most parts of this week, according to Cavmont Bank here. Full text...

  • Tanzania: 'Zimbabwe stuck in economic hardship, despite redoubled efforts'
    30 september 2014 08:09:50
    Dar es Salaam, Tanzania (PANA) - Though the Zimbabwe government has redoubled its efforts to re-balance policies toward a stable macroeconomic environment conducive to private sector-led growth, economic conditions in the southern African country remain difficult, according to a latest assessment by staff of the International Monetary Fund (IMF). Full text...

  • Tanzania: Tuesday's forex rates for Shilling
    30 september 2014 07:06:54
    Dar es Salaam, Tanzania (PANA) - Following are Tuesday's exchange rates for the Tanzania Shilling, as issued by the Bank of Tanzania: Full text...

  • Nigeria: Monday's foreign exchange rates in Nigeria
    29 september 2014 21:31:56
    Lagos, Nigeria (PANA) - Following are the latest exchange rates for the Nigerian currency, the Naira, against other currencies, as released by the Central Bank of Nigeria (CBN). Full text...

  • Tanzania: Telecel Zimbabwe unveils hospitality, funeral cover for subscribers
    29 september 2014 18:50:00
    Dar es Salaam, Tanzania (PANA) - Zimbabwe mobile phone company, Telecel Zimbabwe has partnered insurance firm Zimnat Lion in launching a funeral and hospital insurance package called Telecare for its subscribers, according to Monday's update by global telecoms industry monitor Pyramid Research. Full text...

  • Malawi: Malawi nets US$360m from tobacco
    29 september 2014 15:39:54
    Blantyre, Malawi (PANA) - The just-ended, tobacco-selling season in Malawi has contributed at least US$361 million to the economy, almost equalling earnings from last year's sales. Full text...

  • Kenya: Kenya urges speedy conclusion of Euro EPA
    29 september 2014 14:09:17
    Nairobi, Kenya (PANA) - Kenya's Foreign Affairs Cabinet Secretary, Amina Mohamed, has called for the speedy conclusion of the Economic Partnership Agreement (EPA) with the European Union (EU). Full text...

  • Kenya: President Kenyatta negotiates direct flights to US
    29 september 2014 13:57:56
    Nairobi, Kenya (PANA) - Kenya's President Uhuru Kenyatta, has personally taken up the negotiations for direct flights to United states of America, the Ministry of Foreign Affairs and International Trade has said. Full text...

  • Ghana: Monday's exchange rates for Ghana cedi
    29 september 2014 10:44:18
    Accra, Ghana (PANA) - The following are Monday's average inter-bank exchange rates for Ghana cedi, as announced by the Ghana Association of Bankers: Full text...

  • Nigeria: Nigerian Diaspora remits US$21.5b home
    29 september 2014 10:15:56
    Lagos, Nigeria (PANA) - Nigerians in the Diaspora have remitted about US$21.5 billion to their homeland in the past two years, a contribution that was only surpassed by revenue from oil, according to chairman of the Nigerian Diaspora Organization (NIDO), America Board of Directors, Gabe Okoye. Full text...

  • Senegal: Monday’s forex rates for Gambian Dalasis
    29 september 2014 09:21:19
    Dakar, Senegal (PANA) - Following are Monday’s exchange rates for the Gambian currency, the Dalasis (D): Full text...

  • Tanzania: Monday's forex rates for Shilling
    29 september 2014 09:01:30
    Dar es Salaam, Tanzania (PANA) - Following are Monday's exchange rates for the Tanzania Shilling, as issued by the Bank of Tanzania: Full text...

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