A USD 62 million project for 160,000 poor rural households in Kingdom of Lesotho

25 september 2020 - 20:19:34 MTA

Paris, France (PANA) - The International Fund for Agricultural Development (IFAD) and the government of the Kingdom of Lesotho signed here Thursday by video conferencing [...] Full text...

Mauritius: AXYS Group launches its 5th Investment Fund, the AXIOM Africa Equity Fund

25 september 2020 - 14:26:46 NA

Port-Louis, Mauritius (PANA) - The Mauritian-based AXYS Group Thursday launched its fifth investment fund, the AXIOM Africa Equity Fund, with a view “to better exploiting [...] Full text...

Economic working group discusses plan to address Libya’s electricity crisis

25 september 2020 - 13:17:24 AR

Tripoli, Libya (PANA) -Acting UN Special Representative Stephanie Williams and the Ambassador-designate of the European Union to Libya, José Sabadell, as the rotating chair of [...] Full text...

Friday's forex rates for Rwandan Franc

25 september 2020 - 12:57:36 TWA

Kigali, Rwanda (PANA) - The following are Friday's foreign exchange rates for the Rwandan Franc as issued by the National Bank of Rwanda. Currency      [...] Full text...

Friday’s forex rates for the Tanzania Shilling

25 september 2020 - 12:37:24 EBM

Dar es Salaam, Tanzania (PANA) – The following are Friday’s foreign exchange rates for the Tanzania Shilling as published by CRDB Bank: Currency                         Buying                [...] Full text...

Friday's forex rates for the CFA Franc

25 september 2020 - 12:19:37 BBA

Libreville, Gabon (PANA) - Following are Friday's foreign exchange rates for the CFA Franc as issued by the bank of the Central African States: Currency  Buying [...] Full text...

Friday's forex rates for the Mauritanian Ouguiya

25 september 2020 - 11:18:15 BBA

Nouakchott, Mauritanie (PANA) - Following are Friday's foreign exchange rates for the Mauritanian Ouguiya as issued by the Mauritanian Central Bank: Currency   Buying   Selling Euro 42.92 [...] Full text...

IMF commends Somalia’s commitment to economic reforms

25 september 2020 - 09:40:00 AR

Mogadishu, Somalia (PANA) – Despite multiple hits from flooding, desert locusts, and the global coronavirus pandemic, the authorities in Somalia have sustained a strong commitment [...] Full text...

Jambojet opens campaign to encourage domestic travel

24 september 2020 - 22:50:13 DJ

Nairobi, Kenya (PANA) - Regional low-cost carrier Jambojet has partnered with various players in the travel industry to launch a campaign to encourage domestic travel, [...] Full text...

Tunisia records 34 pct energy deficit in eight months

24 september 2020 - 21:33:01 MSA

Tunis, Tunisia (PANA) - The rate of energy deficit in Tunisia’s trade balance during the first eight months this year reached 34 per cent, the [...] Full text...

The health crisis affects 90 pc of SMEs in Tunisia

24 september 2020 - 19:14:35 KND

Tunis, Tunisia (PANA) - Eleven per cent of small and medium-sized businesses in Tunisia have closed their doors because of the coronavirus (COVID-19) pandemic, an [...] Full text...

Multilateral action key to tackling global challenges -Kenyatta

24 september 2020 - 18:55:02 DJ

Mombasa, Kenya (PANA) - President Uhuru Kenyatta said that here Thursday effective multilateral action within a rule-based international system was key to overcoming global challenges, [...] Full text...

Carrefour to open three more stores in Kenya

24 september 2020 - 16:51:10 DJ

Nairobi, Kenya (PANA) - Carrefour, operated in Kenya by Majid Al Futtaim, is expanding its retail footprints across the country with the upcoming opening of [...] Full text...

Senegalese President stresses urgency of modernizing country’s agriculture

24 september 2020 - 16:19:46 KND

Dakar, Senegal (PANA) - The Senegalese head of state, Macky Sall, has stressed the urgency to intensify a sustained mechanization of the country's agriculture, an [...] Full text...

Safaricom named in Fortune Change the World List

24 september 2020 - 15:15:48 DJ

Nairobi, Kenya (PANA) - Kenya's top telco, Safaricom, has been included in the 2020 Fortune Change the World List, official sources told PANA here Thursday. The [...] Full text...

Thursday’s forex rates for Tanzania Shilling

24 september 2020 - 12:24:10 EBM

Dar es Salaam, Tanzania (PANA) – The following are Thursday’s foreign exchange rates for the Tanzania Shilling as published by CRDB Bank: Currency                        Buying                     Selling                    [...] Full text...

Thursday's forex rates for Rwandan Franc

24 september 2020 - 12:21:21 TWA

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

Thursday's forex rates for the Mauritanian Ouguiya

24 september 2020 - 10:47:35 BBA

Nouakchott, Mauritania (PANA) - Following are Thursday's foreign exchange rates for the Mauritanian Ouguiya as issued by the Mauritanian Central Bank: Currency   Buying   Selling Euro 43.13 [...] Full text...

IMF approves Sudan’s reform programme heading for debt relief

24 september 2020 - 09:32:34 AR

Khartoum, Sudan (PANA) - The Executive Board of the International Monetary Fund (IMF) has endorsed Sudan’s Staff-Monitored Programme (SMP) which was approved by the IMF [...] Full text...

Kenyan textile industry growth stifled by ageing technology, imports, warns British Council

23 september 2020 - 22:09:49 AO

Nairobi, Kenya (PANA) - The biggest constraint to the growth of the fashion industry in Kenya is the importation of second-hand clothing popularly known as [...] Full text...

EBRD provides US$ 20m to leading Moroccan local bank to boost trade

23 september 2020 - 19:46:18 AR

Rabat, Morocco (PANA) - The European Bank for Reconstruction and Development (EBRD) announced Wednesday it was boosting trade in Morocco with a US$ 20 million [...] Full text...

Kenya govt orders all fishing vessels to land catches at new fishing port

23 september 2020 - 15:44:13 AO

Mombasa, Kenya (PANA) - The Kenyan government is finalising the construction of a new fishing port and has ordered all fishing vessels to land their [...] Full text...

Burkina Faso inaugurates its first solar panel assembly plant

23 september 2020 - 15:10:49 MTA

Ouagadougou, Burkina Faso (PANA) - The prime minister of Burkina Faso, Christophe Joseph Marie Dabiré, inaugurated here Tuesday the country's first assembly plant for solar [...] Full text...

Libya earned USD 128 million in oil revenues during July and August - NOC

23 september 2020 - 14:49:45 MTA

Tripoli, Libya (PANA) - Libya earned some USD128 million in revenue from oil, gas and condensate exports during July and August, the Libyan National Oil [...] Full text...

Wednesday's forex rates for the Mauritanian Ouguiya

23 september 2020 - 10:31:10 BBA

Nouakchott, Mauritania (PANA) - Following are Wednesday's foreign exchange rates for the Mauritanian Ouguiya as issued by the Mauritanian Central Bank: Currency    Buying   Selling Euro 43.34 [...] Full text...

New South African law to curtail Zimbabwe's cross border traders

23 september 2020 - 10:26:47 T Z

Harare, Zimbabwe (PANA) - South Africa’s Border Management Authority Act 2 of 2020, enacted on July 21, 2020 could spell trouble for Zimbabwe’s cross border traders as [...] Full text...

Wednesday's forex rates for Rwandan Franc

23 september 2020 - 10:11:47 TWA

Kigali, Rwanda (PANA) - The following are Wednesday's foreign exchange rates for the Rwandan Franc as issued by the National Bank of Rwanda. Currency      [...] Full text...

Wednesday’s forex rates for the Gambian Dalasi

23 september 2020 - 08:38:30 MLJ

Banjul, Gambia (PANA) – The following are Wednesday’s foreign exchange rates for the Gambian Dalasi as published by Trust Bank Gambia Ltd: Currency                                 Buying                        Selling US Dollar  [...] Full text...

Libyan national oil company announces lifting state of force majeure on Zueitina port

22 september 2020 - 20:55:59 MSA

Tripoli, Libya (PANA) - The Libyan National Oil Company (NOC) Tuesday lifted the state of ‘force majeure’ imposed on the port of Zueitina in the [...] Full text...

Mauritanian govt. presents Extended Priority Programmes to partners

22 september 2020 - 15:07:00 MTA

Nouakchott, Mauritania (PANA) - The Mauritanian government on Tuesday presented its Extended Priority Programmes to Technical and Financial Partners (TFPs), indicating that the programme will [...] Full text...

Gabon launches 2nd cement production factory

22 september 2020 - 14:45:45 MTA

Libreville, Gabon (PANA) - The Gabonese Prime Minister, Rose Christiane Ossouka Raponda, has inaugurated a second cement production line belonging to Ciments d'Afrique Centrale (CIMAF-Gabon), [...] Full text...

Tuesday’s forex rates for the Gambian Dalasi

22 september 2020 - 10:47:18 MLJ

Banjul, Gambia (PANA) – The following are Tuesday’s foreign exchange rates for the Gambian Dalasi as published by Trust Bank Gambia Ltd: Currency                                 Buying                        Selling US Dollar  [...] Full text...

Tuesday’s forex rates for the Tanzania Shilling

22 september 2020 - 10:26:13 EBM

Dar es Salaam, Tanzania (PANA) – The following are Tuesday’s foreign exchange rates for the Tanzania Shilling as published by CRDB Bank: Currency                        Buying                  [...] Full text...

Tuesday's forex rates for the Mauritian Rupee

22 september 2020 - 09:10:59 BBA

Port Louis, Mauritius (PANA) - Following are Tuesday's foreign exchange rates for the Mauritian Rupee as issued by the Mauritian commercial bank: Currency Buying Selling Australian Dollar [...] Full text...

Coronavirus: IMF says recovery of Senegal’s economy is underway

22 september 2020 - 07:28:29 AR

Dakar, Senegal (PANA) - Senegal's economy is expected to contract this year as a result of disruptions in economic activity due to the COVID-19 pandemic, [...] Full text...

Ivorian appraising agency to assist Congo

21 september 2020 - 21:19:50 MSA

Brazzaville, Congo (PANA) - Bloomfield Investment is to provide assistance to Congo, Stanislas Zézé, its managing director (MD), said here Monday at a meeting with [...] Full text...

Group of banks raises 300 billion FCFA to prop up Congolese companies

21 september 2020 - 15:34:38 MTA

Brazzaville, Congo (PANA) - A group of banks has put in place 300 billion FCFA to support Congolese companies, the CEO of BGFI, Henri Claude [...] Full text...

Monday's forex rates for Rwandan Franc

21 september 2020 - 14:08:19 TWA

Kigali, Rwanda (PANA) - The following are Monday's foreign exchange rates for the Rwandan Franc as issued by the National Bank of Rwanda. Currency      [...] Full text...

Thousands of Internet users in Mauritania cut off for four days

21 september 2020 - 13:59:26 MTA

Nouakchott, Mauritania (PANA) - Mobile Internet users in Mauritania have no access to the service from September 19 to 22 September 2020, due to the [...] Full text...

Monday’s forex rates for the Tanzania Shilling

21 september 2020 - 11:27:04 EBM

Dar es Salaam, Tanzania (PANA) – The following are Monday’s foreign exchange rates for the Tanzania Shilling as published by CRDB Bank: Currency                         Buying                [...] Full text...

Monday's forex rates for the Mauritanian Ouguiya

21 september 2020 - 10:41:53 BBA

Nouakchott, Mauritania (PANA) -Following are Monday's foreign exchange rates for the Mauritanian Ouguiya as issued by the Mauritanian central bank: Currency            [...] Full text...

Monday’s forex rates for the Gambian Dalasi

21 september 2020 - 10:37:28 MLJ

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

Libyan Oil Company announces resumption of oil production in Sirte basin

21 september 2020 - 05:25:10 MSA

Tripoli, Libya (PANA) – The Libyan National Oil Company (NOC) on Sunday announced the beginning of production of oil and gas in the oilfields of [...] Full text...

Gambia signs 30-year oil exploration deal with PetroNor

20 september 2020 - 19:53:09 MSS

Banjul, Gambia (PANA) - The government of The Gambia has signed a 30-year oil and gas exploration deal with PetroNor, an Axis of Oslo listed [...] Full text...

Coronavirus: Banjul Airport to reopen under tight health regulations

20 september 2020 - 17:16:20 MSS

Banjul, Gambia(PANA) - Banjul International Airport (BIA) will reopen by the end of October but under tight health-related regulations against the spread of the coronavirus, [...] Full text...

More expensive pulses in second quarter of 2020 in Benin

20 september 2020 - 14:10:09 MTA

Cotonou, Benin (PANA) - In the second quarter of this year, Benin recorded an increase in legume prices compared to the previous quarter, according to [...] Full text...

Libyans working in civil service take 58% of State resources

20 september 2020 - 13:28:19 MTA

Tripoli, Libya (PANA) - The plethora of civil servants in Libya's public administration represents one of the greatest challenges facing successive Libyan governments, the Audit [...] Full text...

Zimbabwe parliament asks for daily, not weekly, forex auctions (Analysis)

20 september 2020 - 12:37:51 T Z

Harare, Zimbabwe (PANA) - The Parliament of Zimbabwe says the central bank should increase the frequency of foreign currency auction to daily rather than weekly [...] Full text...

Saturday’s forex rates for the Gambian Dalasi

19 september 2020 - 10:00:24 MLJ

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

Africa needs urgent trade finance boost in the wake of COVID-19 - Report

19 september 2020 - 05:18:14 VAO

Abidjan, Cote d'Ivoire (PANA) - There is an urgent need for financing to re-energize Africa’s trade in the wake of the COVID-19 pandemic, according to [...] Full text...