IMF reaches staff-level deal with Tanzania on RSF, third review of ECF

18 may 2024 - 08:47:38 AR

Dar es Salaam, Tanzania (PANA) – Tanzania’s authorities and the International Monetary Fund (IMF) have reached staff-level agreement on a reform programme to address climate [...] Full text...

Saturday’s exchange rates for the Tanzania Shilling

18 may 2024 - 08:09:18 AR

Dar es Salaam, Tanzania (PANA) – The following are exchange rates for the Tanzania Shilling on Saturday as issued by the Bank of Tanzania. Currency    [...] Full text...

Friday’s forex rates for the Gambian Dalasi

17 may 2024 - 09:22:27 MSS

Banjul, Gambia (PANA) - The following are Friday's foreign exchange rates for the Gambian Dalasi as published by the Central Bank of Gambia. Currency      [...] Full text...

Mauritius economy rebounds on back of tourism, housing construction

17 may 2024 - 08:24:36 AR

Port Louis, Mauritius (PANA) - The Mauritius economy has rebounded strongly from the pandemic on the back of buoyant tourism, social housing construction, and financial [...] Full text...

IMF staff complete visit to Mozambique

17 may 2024 - 08:09:30 AR

Maputo, Mozambique (PANA) - An International Monetary Fund (IMF) team, led by Mr. Pablo Lopez Murphy, had discussions with the Mozambican authorities from 2-15 May [...] Full text...

Friday’s exchange rates for the Tanzania Shilling

17 may 2024 - 08:07:34 AR

Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Friday as issued by the Bank of Tanzania. Currency           [...] Full text...

Global economic growth improves but ‘downsides’ lurk

17 may 2024 - 05:47:39 MA

New York, US (PANA) - The global economic picture has improved since January, but vulnerabilities remain, the mid-year update of the World Economic Situation and [...] Full text...

Tunisian airline halts flights to Libya

16 may 2024 - 18:29:26 BBA

Tunis, Tunisia (PANA) - Tunisian airline TunisAir has decided to halt all flights to and from Libyan airports until further notice due to significant losses [...] Full text...

Mali, Chinese company sign agreement to produce lithium

16 may 2024 - 15:52:10 BBA

Ouagadougou, Burkina Faso (PANA) - The government of the Republic of Mali has signed an agreement with the Chinese company, Ganfeng Lithium, to operate the [...] Full text...

Thursday’s forex rates for the Gambian Dalasi

16 may 2024 - 09:27:36 MSS

Banjul, Gambia (PANA) - The following are Thursday's foreign exchange rates for the Gambian Dalasi as published by the Central Bank of Gambia. Currency      [...] Full text...

Uganda's Museveni makes first state visit to Kenya after trade feud

15 may 2024 - 19:31:46 AO

Nairobi, Kenya (PANA) - Ugandan President Yoweri Museveni arrived here Wednesday for an official state visit to Kenya, the first since President William Ruto swept [...] Full text...

50th Tripoli International Fair opens

15 may 2024 - 11:00:26 BBA

Tripoli, Libya (PANA) - The 50th Tripoli International Fair opened in the Libyan capital on Tuesday. The fair, which has recorded more than 300 Libyan and [...] Full text...

Wednesday’s forex rates for the Gambian Dalasi

15 may 2024 - 10:12:08 MSS

Banjul, Gambia (PANA) - The following are Wednesday's foreign exchange rates for the Gambian Dalasi as published by the Central Bank of Gambia. Currency      [...] Full text...

Wednesday’s exchange rates for the Tanzania Shilling

15 may 2024 - 08:36:11 AR

Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Wednesday as issued by the Bank of Tanzania. Currency    [...] Full text...

UN General Assembly President urges further progress on global goals

15 may 2024 - 06:33:44 MA

New York, US (PANA) - The President of the UN General Assembly, Dennis Francis, said on Tuesday that tangible progress is being made towards the [...] Full text...

IMF proposes reforms to Libya's financial sector

14 may 2024 - 11:43:34 BBA

Tripoli Libya (PANA) - The International Monetary Fund (IMF) has noted shortcomings in the Libyan financial sector and stressed the need for the authorities to [...] Full text...

Libya and US oil company discuss strategic partnership

14 may 2024 - 11:05:32 BBA

Tripoli, Libya (PANA) - Libya's Acting Minister of Oil and Gas, Khalifa Abdel Saddok, and senior officials from US oil company ConocoPhillips, headed by Ryan [...] Full text...

ECOWAS Bank, Ghana sign MoU for $200 million

14 may 2024 - 10:58:59 MA

Lome, Togo (PANA) - The ECOWAS Bank for Investment and Development (EBID) is to inject $200 million into the Ghanaian economy through strategic alliances with [...] Full text...

Tuesday’s forex rates for the Gambian Dalasi

14 may 2024 - 09:11:55 MSS

Banjul, Gambia (PANA) - The following are Tuesday's foreign exchange rates for the Gambian Dalasi as published by the Central Bank of Gambia. Currency      [...] Full text...

IMF Executive Board approves US$8.1 million disbursement for Guinea Bissau

14 may 2024 - 07:54:18 MA

Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday completed the fourth and fifth reviews under Guinea-Bissau’s Extended Credit [...] Full text...

Africa Travel Indaba show opens

13 may 2024 - 12:29:48 CU

Cape Town, South Africa (PANA) – Thousands of delegates and exhibitors from around the world have gathered at Durban’s Inkosi Albert Luthuli International Convention Centre [...] Full text...

Monday’s forex rates for the Gambian Dalasi

13 may 2024 - 08:33:52 MSS

Banjul, Gambia (PANA) - The following are Monday's foreign exchange rates for the Gambian Dalasi as published by the Central Bank of Gambia. Currency      [...] Full text...

IMF team, Cape Verde reach staff-level deal on ECF, RSF review

11 may 2024 - 08:20:24 AR

Praia, Cape Verde (PANA) - An International Monetary Fund {IMF) team and the Cape Verdean authorities have reached staff-level agreement on the policies needed to [...] Full text...

Saturday’s exchange rates for the Tanzania Shilling

11 may 2024 - 06:56:57 AR

Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Saturday as issued by the Bank of Tanzania. Currency          [...] Full text...

Libya talks to Tunisia about its efforts to activate the African Investment Bank

10 may 2024 - 19:30:00 BBA

Tripoli, Libya (PANA) - A high-level Libyan delegation, led by al-Taher al-Baour, Head of Business Management at the Ministry of Foreign Affairs and International Cooperation [...] Full text...

Friday’s forex rates for the Gambian Dalasi

10 may 2024 - 10:20:15 MSS

Banjul, Gambia (PANA) - The following are Friday's foreign exchange rates for the Gambian Dalasi as published by the Central Bank of Gambia. Currency      [...] Full text...

Friday’s exchange rates for the Tanzania Shilling

10 may 2024 - 07:47:36 AR

Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Friday as issued by the Bank of Tanzania. Currency    [...] Full text...

Libya, IMF focus on assessing general economic and financial situation in Libya

09 may 2024 - 16:40:21 BBA

Tripoli, Libya (PANA) - Libya and the International Monetary Fund (IMF) continued discussions Thursday as part of the Article IV consultations for the year 2024 [...] Full text...

IMF, Zambian officials discuss economic impact of current drought

09 may 2024 - 16:11:48 AR

Lusaka, Zambia (PANA) - Zambian officials and the International Monetary Fund (IMF) staff have advanced technical work as part of their discussions for the Third [...] Full text...

Thursday’s forex rates for the Gambian Dalasi

09 may 2024 - 10:40:38 MSS

Banjul, Gambia (PANA) - The following are Thursday's foreign exchange rates for the Gambian Dalasi as published by the Central Bank of Gambia. Currency      [...] Full text...

Tunisia's sustained recovery requires quick action to take advantage of opportunities

09 may 2024 - 07:49:55 AR

Tunis, Tunisia (PANA) - Tunisia's economic recovery slowed in 2023, due to a severe drought, tight financing conditions and a modest pace of reform, leaving [...] Full text...

Thursday’s exchange rates for the Tanzania Shilling

09 may 2024 - 07:47:03 AR

Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Thursday as issued by the Bank of Tanzania. Currency             [...] Full text...

Libyan PM monitors NOC's development plan at meeting in Tripoli

08 may 2024 - 17:48:21 BBA

Tripoli, Libya (PANA) - The Libyan Prime Minister of the Government of National Unity, Abdulhamid al Dbaiba, monitored the development plan of the Libyan National [...] Full text...

Wednesday’s forex rates for the Gambian Dalasi

08 may 2024 - 10:19:50 MSS

Banjul, Gambia (PANA) - The following are Wednesday's foreign exchange rates for the Gambian Dalasi as published by the Central Bank of Gambia. Currency      [...] Full text...

Wednesday’s exchange rates for the Tanzania Shilling

08 may 2024 - 06:38:26 AR

Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Wednesday as issued by the Bank of Tanzania. Currency    [...] Full text...

Governor, BCL and the United Nations Security Council Sanctions Committee meet over Libya

07 may 2024 - 20:00:33 BBA

Tripoli, Libya (PANA) - The Governor of the Central Bank of Libya (BCL), Al-Seddik Omar al-Kebir, held a meeting via videoconference with the UN Security [...] Full text...

Libyan Prime Minister orders proposal of import budget based on priority needs

07 may 2024 - 17:28:04 BBA

Tripoli, Libya (PANA) - The Libyan Prime Minister of the Government of National Unity, Abdulhamid al-Dbaiba, has stressed the need to organize the situation of [...] Full text...

World Bank loan to Namibia supports renewable energy integration

07 may 2024 - 09:56:07 AR

Windhoek Namibia (PANA) – Namibia on Monday marked the approval of its first ever World Bank financed energy project, aimed at improving the reliability of [...] Full text...

Tuesday’s forex rates for the Gambian Dalasi

07 may 2024 - 09:45:54 MSS

Banjul, Gambia (PANA) - The following are Tuesday's foreign exchange rates for the Gambian Dalasi as published by the Central Bank of Gambia. Currency      [...] Full text...

Tuesday’s exchange rates for the Tanzania Shilling

07 may 2024 - 07:06:09 AR

Dar es Salaam, Tanzania (PANA) – The following are exchange rates for the Tanzania Shilling on Tuesday as issued by the Bank of Tanzania. Currency    [...] Full text...

IMF Executive Board approves US$71 million in Emergency Financing Support for Guinea

07 may 2024 - 05:41:13 MA

Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday approved a disbursement of SDR 53.55 million (about US$71 million) [...] Full text...

Jordanian and Qatari airlines to resume flights to Libya this month

06 may 2024 - 13:15:11 BBA

Tripoli, Libya (PANA) - The Libyan Minister of Transport, Mohamed al-Chahoubi, has announced the return of Royal Jordanian and Qatar Airways flights to and from [...] Full text...

Monday’s forex rates for the Gambian Dalasi

06 may 2024 - 10:20:32 MSS

Banjul, Gambia (PANA) - The following are Monday's foreign exchange rates for the Gambian Dalasi as published by the Central Bank of Gambia. Currency      [...] Full text...

Gambia, IMF reach staff-level deal on first review of ECF arrangement

04 may 2024 - 11:03:47 AR

Banjul, Gambia (PANA) - The Gambian economic activity is recovering robustly as the country continues to advance its reform agenda and inflation decelerates but remains [...] Full text...

Senegal maintains resilience despite economic challenges: IMF

04 may 2024 - 09:25:20 AR

Dakar, Senegal (PANA) - A team from the International Monetary Fund (IMF) has concluded a mission to Senegal affirming that the country’s economy in 2023 [...] Full text...

Friday’s forex rates for the Gambian Dalasi

03 may 2024 - 08:47:39 MSS

Banjul, Gambia (PANA) - The following are Friday's foreign exchange rates for the Gambian Dalasi as published by the Central Bank of Gambia. Currency      [...] Full text...

Martina Polasek elected ICSID Secretary-General

03 may 2024 - 08:45:12 AR

Washington DC, United States (PANA) - Member States of the International Centre for Settlement of Investment Disputes (ICSID) have elected Martina Polasek as Secretary-General. ICSID’s Administrative [...] Full text...

Friday’s exchange rates for the Tanzania Shilling

03 may 2024 - 07:51:00 AR

Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Friday as issued by the Bank of Tanzania. Currency       [...] Full text...

Palestine’s economy in ruins, as Gaza war sets development back two decades

03 may 2024 - 05:54:29 MA

New York, US (PANA) - The relentless Israeli offensive in the Gaza Strip has set back Palestine’s overall socio-economic development by more than 20 years, [...] Full text...

Thursday’s forex rates for the Gambian Dalasi

02 may 2024 - 09:55:27 MSS

Banjul, Gambia (PANA) - The following are Thursday's foreign exchange rates for the Gambian Dalasi as published by the Central Bank of Gambia. Currency      [...] Full text...