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

Cairo, Egypt (PANA) - Most important issues that face Egypt over the coming years are tied to a rapidly growing population, the modernisation of its economy, and how best to ensure a modern social safety net to protect the most vulnerable in society, according to a senior official of the International Monetary Fund (IMF). Full text...

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

Nairobi, Kenya (PANA) - Kenya will host the 79th Skål International World Congress 2018 in Mombasa in October, Tourism Cabinet Secretary Najib Balala said Tuesday. Full text...

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

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...

Johannesburg, South Africa (PANA) – Post-apartheid years have brought about remarkable progress in South Africa in terms of poverty reduction, access to education, and reducing unemployment. Full text...

Nairobi, Kenya (PANA) – Kenya’s economy has continued to perform well, with real GDP growth accelerating to 5.7 percent in the first quarter of 2018, from 4.9 percent in 2017, driven primarily by strengthened confidence following the conclusion of the prolonged election period, favorable weather conditions, and a continued recovery in tourism, according to the International Monetary Fund (IMF). Full text...

Maputo, Mozambique (PANA) – Realistic macroeconomic assumptions as well as prudent revenue and spending projections should underpin Mozambique’s preparations for the 2019 budget, an International Monetary Fund (IMF) staff team has recommended after taking stock of the country’s recent macroeconomic developments. Full text...

Tripoli, Libya (PANA) - Work has resumed at Tripoli Port after the arrival of the ship "GRANDE SICILA" on Wednesday, carrying 1,457 vehicles from Belgium, The Libya Observer reported Friday. Full text...

Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) and Cabo Verde have signed a 20-million-euro loan agreement to revitalize the economy of the West African coastal island. Full text...

Yaoundé, Cameroon (PANA) - The Compliance Review and Mediation Unit (BCRM) of the African Development Bank (AfDB) Group will organize a sub-regional information workshop on the Bank’s “Independent Review Mechanism: A Recourse Avenue for Communities Around Bank-Financed Projects” from 18 to 19 September, 2018, in Yaoundé, Cameroon. Full text...

Dakar, Sénégal (PANA) - A survey of electricity consumption across the world shows that electricity prices have increased by 1.65% since March 2018. Full text...

Libreville, Gabon (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved immediate disbursement of US$ 100.2 million to Gabon under the Extended Fund Facility (EFF) arrangement, observing that macroeconomic conditions were slowly improving though the country’s recovery remains fragile. Full text...

New York, US (PANA) - The UN Statistics Division and the World Bank launched a new guide on Wednesday to help nations worldwide, especially in low- and middle-income countries, better manage data that contains geographical information – known officially as geospatial data. Full text...

Antananarivo, Madagascar (PANA) - Overall, Madagascar’s economy has been performing well, with growth estimated at 4.2 % in 2017 and projected at 5.0 % in 2018, according to the latest edition of the World Bank’s Economic Update. Full text...

Washington, US (PANA) – The World Bank responded to strong demand from countries in the Middle East and North Africa Region (MENA) for development finance, global expertise and innovation during the financial year that ended on 30 June 2018, the Bank disclosed Wednesday in Washington, USA. Full text...

Nouakchott, Mauritania (PANA) - Following are Wednesday’s foreign exchange rates for the Ouguiya, as issued by the central bank of Mauritania. Full text...

Port-Louis, Mauritius (PANA) - Following are Wednesday’s exchange rates for the Rupee, as issued by the commercial bank of Mauritius. Full text...

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

Nairobi, Kenya (PANA) - IFC, a member of the World Bank Group, has forged a new partnership with Gaia Energy to create a joint platform for the development of wind power and other renewable energy projects in Africa, the institution announced on Tuesday. 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...

Pretoria, South Africa (PANA) – Welcoming the measures announced by South Africa’s new administration to improve governance and reignite business and consumer confidence, the International Monetary Fund (IMF) has urged the authorities to deepen the fight against corruption and advance the ambitious reforms in product and labour markets. 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...

Rabat, Morocco (PANA) - Morocco has emerged as a pioneer in renewable energy in Africa, revolutionizing its energy sector to achieve nearly 100% nationwide supply 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...

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...

Port-Louis, Mauritius (PANA) - Mauritius and Kenya will sign a series of Memorandums of Understanding (MOU) with Kenya in several fields. 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...

Nairobi, Kenya (PANA) - Sérgio Pimenta, the Vice President for Africa and the Middle-East at the International Finance Corporation (IFC), has completed a working visit to Liberia, where he outlined IFC’s engagement and support for efforts to diversify the Liberian economy, the Corporation said on Friday. Full text...

Cairo, Egypt (PANA) - Over 80 Egyptian public- and private-sector entities attended the African Investment Forum (AIF) road show organised by the African Development Bank (AfDB) on Wednesday in Cairo. 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...

Port-Louis, Mauritius (PANA) - Following are Friday’s foreign exchange rates for the Mauritian Rupee, as issued by the Commercial Bank of Mauritius. Full text...

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

New York, US (PANA) - The United Nations is at risk of running out of cash, the UN chief has warned, urging Member States to pay their mandatory contributions on time and in full, so that the world body can continue to deliver on its key mandates. Full text...

Johannesburg, South Africa (PANA) - The Africa Investment Forum (AIF), African Development Bank’s new platform to enhance private-sector cooperation and drive investment to key development sectors on the continent, has received commendation from South Africa’s Finance Minister, Nhlanhla Nene. Full text...

Kigali, Rwanda (PANA) - Rwanda's national carrier, RwandAir, has been ranked third Best Regional Airline in Africa by British-based consultancy, SKYTRAX, which runs an airline and airport review and ranking site. Full text...

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

Port-Louis, Mauritius (PANA) - Following are Thursday’s foreign exchange rates for the Mauritian Rupee, as issued by the Commercial Bank of Mauritius. Full text...

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

Lusaka, Zambia (PANA) – Zambia President Edgar Lungu, will be among regional Heads of State attending the BRICS Summit being held in Johannesburg, South Africa, from 26-27 July, 2018, Zambia’s Foreign Affairs Minister Joseph Malanji, disclosed here Wednesday. Full text...

Abuja, Nigeria (PANA) – Nigeria’s President, Muhammadu Buhari, on Wednesday hosted President Patrice Talon of the Republic of Benin at the Presidential Villa, Abuja, during which the two leaders agreed on the need to set up a joint committee to combat smuggling. Full text...

Nouakchott, Mauritania (PANA) - Following are Wednesday’s foreign exchange rates for the Ouguiya, as issued by the central bank of Mauritania. Full text...

Brussels, Belgium (PANA) - The Africa-EU Economic and Social Stakeholders' Network sees young people as key actors in Africa's economic and social development. Full text...

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...

Port-Louis, Mauritius (PANA) - Following are Wednesday’s foreign exchange rates for the Mauritian Rupee, as issued by the Commercial Bank of Mauritius. Full text...

Kampala, Uganda (PANA) - A consortium of development finance institutions and commercial lenders have announced the completion of the refinancing of more than USUS$400 million loans of Bujagali Energy Limited (BEL), aiming to help reduce electricity costs in Uganda. Full text...

Kigali, Rwanda (PANA) - Rwanda national carrier, RwandAir is readying itself to open direct flights to Chinese city of Guangzhou if the two countries reach a bilateral Air Service Agreement by February 2019, an official source confirmed Tuesday to PANA in Kigali. Full text...

Nairobi, Kenya (PANA) - As a cloud of steam rises from beneath the earth’s surface, sending fine showers onto the faces of dignitaries visiting the Menengai Well-01, a major geothermal power project in Kenya is set to significantly boost the country’s electricity capacity and lead the way in providing clean energy. Full text...