EU Council and Parliament strike deal to reinforce rules on trade preferences to developing countries

02 december 2025 - 06:49:09
Brussels, Belgium (PANA) – The European Council presidency and the European Parliament’s negotiators reached a provisional agreement on the revised [...] Full text...

thread Economy

Strengthening social safety nets can reinforce Tunisia’s economic recovery -World Bank

29 november 2025 - 14:21:12
Tunis, Tunisia (PANA) - Tunisia’s economy is showing signs of recovery, supported by stronger agricultural production, a revival in the [...] Full text...

thread Economy

Structural deficits blur Kenya’s sugar sector

27 november 2025 - 12:57:47
Nairobi, Kenya (PANA) - Kenya’s sugar sector continues to face structural deficits, with domestic production covering only about 72 percent [...] Full text...

thread Agriculture

IMF reaches staff-level deal with Sierra Leone on first and second reviews of ECF

27 november 2025 - 07:38:15
Washington, DC, USA (PANA) – Subject to approval by the International Monetary Fund (IMF) Management and Executive Board, completion of [...] Full text...

thread Economy

Intense violence, worsens food insecurity in conflict areas

18 november 2025 - 12:45:35
New York, USA (PANA) - Attacks harming civilians and civilian infrastructure leave fields abandoned, disrupt food ssissupply chains, drive up [...] Full text...

thread Politics

Conflict and hunger ‘two faces of the same crisis’, UN deputy chief tells Security Council

17 november 2025 - 19:55:58
 New York, US (PANA) - For millions of people worldwide caught up in conflict, “war and hunger are often two [...] Full text...

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Mali's fuel crisis stifles humanitarian operations

14 november 2025 - 07:46:00
Geneva, Switzerland (PANA) - A severe fuel shortage caused by a jihadist blockade of several strategic roads is fuelling the [...] Full text...

thread Society

Inflationary pressures ease in Zambia but economic challenges remain

06 november 2025 - 12:45:02
Lusaka, Zambia (PANA) – The Zambian economy has demonstrated resilience amid last year’s drought, with real GDP growth at 3.8 [...] Full text...

thread Economy

Multilateralism can survive the loss of consensus (Danny Quah, Professor of Economics at the Lee Kuan Yew School of Public Policy in Singapore, writes for F&D Magazine)

29 october 2025 - 07:44:05
Washington, DC, USA (PANA) - Can adversarial nations work together for the common good? It’s natural to despair over prospects [...] Full text...

thread Economy

AfDB approves $2.25 million to boost agricultural productivity in Sierra Leone

19 october 2025 - 07:08:20
Abidjan, Cote d'Ivoire (PANA) - In a move set to boost Sierra Leone’s food security and crop yields, the African [...] Full text...

thread Agriculture

Global Economic Outlook shows modest change amid policy shifts and complex forces (IMF Blog by Pierre-Olivier Gourinchas)

15 october 2025 - 10:46:05
Washington, DC, USA (PANA) - In April, the United States shook global trade norms by announcing sweeping tariffs. Given the [...] Full text...

thread Economy

Rwanda's economy continues to demonstrate strength and resilience - IMF

12 october 2025 - 06:34:59
Washington, DC, US (PANA) - Despite facing consecutive shocks, Rwanda's economy continues to demonstrate strength and resilience, the IMF has [...] Full text...

thread Economy

South African President Ramaphosa advances trade relations with Ireland

09 october 2025 - 11:16:54
Cape Town, South Africa (PANA) – South African President Cyril Ramaphosa arrived in Dublin, Ireland, for an official visit aimed [...] Full text...

thread Economy

IMF reaches staff level deal with Côte d’Ivoire on EFF/ECF arrangements

01 october 2025 - 10:01:56
Abidjan, Côte d’Ivoire (PANA) - Ivorian authorities and staff of the International Monetary Fund (IMF) have reached a staff-level agreement [...] Full text...

thread Economy

AfDB approves $10 million trade finance guarantee to Exim Bank Tanzania

28 september 2025 - 05:56:53
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Group Board of Directors has approved a $10 million trade [...] Full text...

thread Economy

IMF encourages Botswana to streamline public spending

27 september 2025 - 08:29:27
Gaborone, Botswana (PANA) - Botswana’s economic activity is expected to contract by about 1 percent in 2025, owing primarily to [...] Full text...

thread Economy

IMF staff says Tanzania's economic activity 'robust'

25 september 2025 - 10:17:04
Washington, DC, US (PANA) - A staff team from the International Monetary Fund (IMF), led by Mr. Nicolas Blancher, which [...] Full text...

thread Economy

Africa at the heart of considerable opportunities - Guterres

22 september 2025 - 06:16:22
New York US (PANA) - UN Secretary-General António Guterres on Sunday called for investment in Africa's potential, which is "at [...] Full text...

thread Politics

First ever EU-Egypt summit scheduled for Brussels on 22 October

12 september 2025 - 10:17:05
Brussels, Belgium (PANA) - The President of the European Council, António Costa, together with the President of the European Commission, [...] Full text...

thread Politics

IMF spots rising foreign investor interest in range of sectors in Mozambique

30 august 2025 - 10:51:29
Maputo, Mozambique (PANA) - Mozambique’s economic activity is gradually recovering after a sharp slowdown between October 2024 and March 2025. [...] Full text...

thread Economy

Peacekeepers find weapons trove in southern Lebanon, as drought threatens millions

15 august 2025 - 16:44:12
New York, US (PANA) - UN peacekeepers in southern Lebanon have uncovered rocket launchers, mortar rounds and other unauthorized weapons, [...] Full text...

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Inflation in Libya at the end of June 2025 stood at 1.4%

15 august 2025 - 11:42:57
Tripoli, Libya (PANA) - The inflation in Libya as at 30 June 2025 stood a 1.4%, according to the Central [...] Full text...

thread Economy

IMF staff completes 2025 Article IV mission to Eswatini

08 august 2025 - 11:45:11
Mbabane, Eswatini (PANA) – Regardless of the risks that include heightened global uncertainty and potential delays in project execution, Eswatini’s [...] Full text...

thread Economy

Africa’s push for HIV independence advances with first procurement of locally made medicines

02 august 2025 - 05:34:52
Geneva, Switzerland (PANA) - Sub-Saharan Africa has taken a cautious but critical step toward greater health self-reliance as locally produced [...] Full text...

thread Health

South Africa's macadamia industry grows despite export uncertainty

31 july 2025 - 11:44:28
Pretoria, South Africa (PANA) – Yields of macadamia nuts in South Africa, the world’s leading producer and exporter of the [...] Full text...

thread Agriculture

Answering Africa’s call for private Investment in pharma manufacturing (A World Bank Feature)

29 july 2025 - 09:13:27
Addis Ababa, Ethiopia (PANA) - African governments are prioritising health security, targeting ambitious production goals for medicines and vaccines. Partnerships, collaborations, [...] Full text...

thread Health

‘Perfect storm’ of global crises drove years of food price surges: FAO

23 july 2025 - 07:44:28
New York, US (PANA) - The chief economist of the Food and Agriculture Organisation (FAO), Máximo Torero Cullen, previewed its [...] Full text...

thread Agriculture

EC adopts new rules simplifying tax collection for imports

18 july 2025 - 10:40:45
Brussels, Belgium (PANA) - The European Council on Friday formally adopted new value added tax (VAT) rules for distance sales [...] Full text...

thread Economy

Libyan PM hails AfCFTA as 'a continental breakthrough' despite challenges

13 july 2025 - 18:55:26
Tripoli, Libya (PANA) - The African Continental Free Trade Area (AfCFTA) represents a historic step forward that strengthens economic integration [...] Full text...

thread Politics

US tariff delay deepens trade uncertainty, warns top UN economist

09 july 2025 - 07:18:26
Geneva, Switzerland (PANA) - A leading UN trade official warned on Tuesday that the United States’ decision to delay the [...] Full text...

thread Economy

IMF Country Focus: How Nigeria can unleash its economic potential (By Axel Schimmelpfennig, IMF Mission Chief to Nigeria and Christian Ebeke, IMF Resident Representative in Nigeria)

07 july 2025 - 12:12:23
Abuja, Nigeria (PANA) - Over the past two years, Nigeria—Africa’s most populous country—has implemented difficult reforms to tackle long-standing obstacles [...] Full text...

thread Economy

Kenya’s economy slows down on weak industrial activity, climate shocks: AfDB

02 july 2025 - 12:40:31
Nairobi, Kenya (PANA) – The Kenyan economy grew by 4.6% in 2024, a slowdown from 5.6% in 2023, due to [...] Full text...

thread Economy

Ghana President Mahama launches ambitious '24-hour economy'

02 july 2025 - 12:28:44
Accra, Ghana (PANA) - Ghana's President John Dramani Mahama on Wednesday launched the government's ambitious 24-Hour Economy and Accelerated Export [...] Full text...

thread Economy

IMF mission completes Article IV consultation with Algeria

01 july 2025 - 12:19:31
Algiers, Algeria (PANA) - Strengthened policy frameworks, along with reforms to enhance fiscal resilience, diversify the economy, and promote private [...] Full text...

thread Economy

How the IMF finances itself and why it matters for the global economy: IMF Blog By Julie Kozack, Bernard Lauwers

26 june 2025 - 12:00:55
Washington, DC, United States (PANA) - The IMF may be best known for lending to crisis-hit countries. But what about [...] Full text...

thread Economy

IMF Board completes 4th review of Comoros ECF arrangement

25 june 2025 - 11:59:05
Washington, DC, USA (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the fourth review under [...] Full text...

thread Economy

IMF concludes 2025 Article IV Consultation with Mauritius

19 june 2025 - 10:21:43
Washington, DC, USA (PANA) - The Mauritian economy continues to exhibit resilience with growth at 4.7 percent in 2024 and [...] Full text...

thread Economy

Improved local production of maize in Zimbabwe expected to up human consumption by 6 percent in 2025/26

18 june 2025 - 11:54:06
Harare, Zimbabwe (PANA) - Following the challenging maize crop in the 2024/25 marketing year due to severe drought conditions, Zimbabwe's [...] Full text...

thread Agriculture

IMF completes reviews of Seychelles economic performance

17 june 2025 - 08:47:33
Washington, DC, United States (PANA) -  The Executive Board of the International Monetary Fund (IMF) on Monday completed the fourth [...] Full text...

thread Economy

Outlook for food trade ‘relatively optimistic’, FAO says

15 june 2025 - 05:31:51
Rome, Italy (PANA) - The UN Food and Agriculture Organisation (FAO) has released their annual Food Outlook report which provides [...] Full text...

thread Agriculture

IMF staff conducts 2025 Article IV Consultation, reaches agreement on ECF fifth review with Zambia

10 june 2025 - 08:14:22
Lusaka, Zambia (PANA) - The Zambian authorities and the International Monetary Fund (IMF) have reached a staff-level agreement on the [...] Full text...

thread Economy

Serious food insecurity lurks over Malawi’s population

05 june 2025 - 09:20:25
Lilongwe, Malawi (PANA) – Over 20 percent of Malawi’s 25 million population faces high levels of food insecurity, up five [...] Full text...

thread Society

Algeria boosts productivity to achieve sustainable, diversified growth

04 june 2025 - 08:01:50
Algiers, Algeria (PANA) - Algeria’s economy maintained its momentum in 2024 with non-hydrocarbon GDP expanding by 4.8 percent, driven by [...] Full text...

thread Economy

Looking ahead: A perspective on the national electricity utility of Liberia: World Bank Blog By Omar V. Al Sherif, Energy Specialist

27 may 2025 - 12:18:48
Monrovia, Liberia (PANA) -  Access to affordable, reliable and sustainable electricity is vital for driving growth in Liberia’s key sectors—agriculture, [...] Full text...

thread Economy

Structural vulnerabilities weaken economic growth of Comoros - IMF

23 may 2025 - 11:50:47
Moroni, Comoros (PANA) - Comorian authorities and the International Monetary Fund (IMF) staff have reached a staff-level agreement on economic [...] Full text...

thread Economy

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

17 may 2025 - 09:38:57
Mogadishu, Somalia (PANA) - Somalia has continued steadfast reform implementation and programme performance has been strong, the International Monetary Fund [...] Full text...

thread Economy

A historic course correction: how the world’s shipping sector is setting sail for net zero (Feature by UN News)

15 may 2025 - 07:45:39
Geneva, Switzerland (PANA) - Long overlooked as a major contributor to global greenhouse gas emissions, the shipping industry is now [...] Full text...

thread Environment

UN warns copper shortage risks slowing global energy and technology shift

10 may 2025 - 08:05:58
Geneva, Switzerland (PANA) - A looming global copper shortage could stall the world’s transition to clean energy and digital technologies [...] Full text...

thread Economy

UN warns copper shortage risks slowing global energy and technology shift

10 may 2025 - 07:59:56
Geneva, Switzerland (PANA) - A looming global copper shortage could stall the world’s transition to clean energy and digital technologies [...] Full text...

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FAO calls for action amid foot-and-mouth disease outbreaks

05 may 2025 - 17:22:59
Geneva, Switzerland (PANA) - Greater awareness and action are needed as Europe and parts of the Middle East grapple with [...] Full text...

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World leaders rally for ‘full-speed’ climate action ahead of COP30

23 april 2025 - 20:16:52
New York, US PANA) - At a high-stakes virtual summit on Wednesday, UN Secretary-General António Guterres and Brazilian President Luiz [...] Full text...

thread Environment

Tanzania set to access US$441 million in IMF financing

18 april 2025 - 08:09:20
Dar es Salaam, Tanzania (PANA) - Tanzanian authorities and the International Monetary Fund (IMF) have reached staff-level agreement on the [...] Full text...

thread Economy

IMF Executive Board approves disbursement of US $129 million under Rapid Credit Facility for Mali

17 april 2025 - 10:34:16
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Wednesday approved a disbursement of [...] Full text...

thread Economy

IMF, Libya complete Article IV Mission

17 april 2025 - 10:17:48
Washington, DC, US (PANA) - The dispute over the leadership of the Central Bank of Libya (CBL) last August and [...] Full text...

thread Economy

Reciprocal tariffs should exclude vulnerable developing countries – UN trade body

14 april 2025 - 17:12:38
Geneva, Switzerland (PANA) - Already grappling with low growth and mounting uncertainty, vulnerable and small economies, whose activities have a [...] Full text...

thread Economy

US tariffs move could see three per cent fall in global trade, says top UN economist

11 april 2025 - 17:27:06
Geneva, Switzerland (PANA) - Global trade could shrink by three per cent as a result of the United States’ new [...] Full text...

thread Economy

Nobody wins trade wars, Guterres warns

09 april 2025 - 07:23:01
New York, US (PANA) - The UN Secretary-General on Tuesday warned that when it comes to trade wars, “nobody wins” [...] Full text...

thread Economy

IMF staff, Rwandan authorities agree on fifth review of Policy Coordination Instrument

05 april 2025 - 12:05:34
Kigali, Rwanda (PANA) – The International Monetary Fund (IMF) staff and the Rwandan authorities have reached staff-level agreement on policies [...] Full text...

thread Economy

Trump imposes 30% trade tariff on South Africa

03 april 2025 - 07:32:24
Cape Town, South Africa (PANA) – The South African government on Thursday addressed President Donald Trump’s announcement that he is [...] Full text...

thread Economy

3-week Gaza aid ban ‘collective punishment’: UNRWA chief

24 march 2025 - 07:36:32
Gaza City, Gaza (PANA) - The tight Israeli blockade of humanitarian supplies is pushing Gaza closer to an acute hunger [...] Full text...

thread Society

Foot and mouth disease outbreaks have not hindered South Africa’s beef exports

18 march 2025 - 11:48:24
Johannesburg, South Africa (PANA) - The foot and mouth disease (FMD) outbreak that has impacted South Africa since 2021 continues [...] Full text...

thread Agriculture

Sudan suspends 'all imports' from Kenya following meeting of paramilitary RSF in Nairobi

14 march 2025 - 13:26:06
Port Sudan, Sudan (PANA) - Sudan has suspended “all imports” from Kenya after it hosted a meeting of the paramilitary [...] Full text...

thread Politics

IMF Board completes review of Cong’s ECF arrangement

13 march 2025 - 09:49:10
Washington, DC, United States (PANA) – The International Monetary Fund (IMF) has completed the sixth and final review of the [...] Full text...

thread Economy

Cape Town to host EU-South Africa summit on Thursday

12 march 2025 - 11:05:27
Brussels, Belgium (PANA) - The eighth summit between the leaders of the EU and South Africa will take place in [...] Full text...

thread Politics

Ghana's President stresses self-reliance on 68th independence anniversary

06 march 2025 - 12:48:46
Accra, Ghana (PANA) - Ghana on Thursday marked her 68th independence anniversary with the President of the West African country, [...] Full text...

thread Politics

South Africa: South African Minister welcomes lifting of Botswana product ban

04 march 2025 - 17:39:02
Cape Town, South Africa (PANA) – Agriculture Minister Ivan Meyer on Tuesday welcomed the lifting of the ban on vegetable [...] Full text...

thread Economy

New report forecasts better prospects for South Africa’s dairy industry

01 march 2025 - 11:55:25
Pretoria, South Africa (PANA) - South Africa’s dairy industry is likely to grow in the future due to improving economic [...] Full text...

thread Agriculture

Guterres urges Caribbean leaders to keep pushing for peace, climate action

20 february 2025 - 07:33:09
Bridgetown, Barbados (PANA) – Addressing Caribbean leaders meeting in Barbados on Wednesday, UN Secretary-General António Guterres announced a potential plan [...] Full text...

thread Society

Kenya, Ethiopia take great leap in air transport of flowers

18 february 2025 - 14:57:21
Nairobi, Kenya (PANA) – Kenyan and Ethiopian airlines have had a significant impact on the growth of the global aviation [...] Full text...

thread Economy

Millions of Yemenis will bear the brunt of attacks on critical civilian infrastructure

02 january 2025 - 09:28:28
Sana’a, Yemen (PANA) - Some 59 organisations operating in Yemen have voiced concern over escalation of war on civilians.International and [...] Full text...

thread Society

Gaza: Hospitals closed, aid denied, civilians trapped

31 december 2024 - 07:55:16
Geneva, Switzerland (PANA) - Essential services that sustain life - healthcare, emergency aid, and humanitarian access - are being systematically [...] Full text...

thread Society

Libya's economy set for sustainable growth, increased productivity

18 december 2024 - 11:05:54
Washington, DC, USA (PANA) - Libya’s economy is expected to stabilise following an agreement ending the leadership crisis at the [...] Full text...

thread Economy

IMF Board completes fourth review of Zambia’s ECF arrangement

17 december 2024 - 08:14:08
Lusaka, Zambia (PANA) – Zambia has secured immediate access to US$ 184 million after the International Monetary Fund (IMF) Executive [...] Full text...

thread Economy

Despite big hurdles, long journey to electric mobility begins across Africa

14 december 2024 - 12:42:24
Johannesburg, South Africa (PANA) - Switching to electric mobility is a no-brainer: tailpipe emissions cause poor health or even death [...] Full text...

thread Economy

IMF concludes fourth review of Tanzania’s ECF arrangement, allows disbursement of $204.5 million

14 december 2024 - 09:59:34
Dar es Salaam, Tanzania (PANA) – The International Monetary Fund (IMF) has approved immediate disbursement of $204,5 million in two [...] Full text...

thread Economy

International Rescue Committee: ten percent of people in dire food assistance, globally, reside in Sudan

13 december 2024 - 14:24:29
Port Sudan, Sudan (PANA) - An international organization has released a shocking report, saying one in each ten people in [...] Full text...

thread Society

IMF staff concludes visit to Djibouti

13 december 2024 - 13:06:11
Djibouti City, Djibouti (PANA) - Djibouti’s maritime-dependent economy has demonstrated resilience to regional conflicts with growth in FY24 projected at [...] Full text...

thread Economy

Chad’s economic recovery picks steam - IMF

10 december 2024 - 08:02:32
N’Djamena, Chad (PANA) - Chad’s post-pandemic recovery picked up steam in 2023 with growth increasing to 4.9 percent, the Executive [...] Full text...

thread Economy

Global trade set to reach new high, with opportunities and challenges for developing economies in 2025

06 december 2024 - 19:59:31
Geneva, Switzerland (PANA) - World trade is on track to hit a record $33 trillion in 2024, but risks of [...] Full text...

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Global trade to hit record $33 trillion in 2024, but uncertainties over tariffs loom

05 december 2024 - 19:36:35
Geneva, Switzerland (PANA) - Global trade is poised to hit a record $33 trillion in 2024, showcasing remarkable resilience despite [...] Full text...

thread Economy

Global trade set to reach new high, with opportunities and challenges for developing economies in 2025

05 december 2024 - 17:59:28
Geneva, Switzerland (PANA) -  Global trade is set to reach a record $33 trillion in 2024, according to the latest [...] Full text...

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Vaccine development challenges, health sovereignty in Africa highlighted in Dakhla Story by Hespress

24 november 2024 - 19:10:32
Dakhla, Morocco (PANA) - The challenges of vaccine development in Africa and South-South cooperation for health sovereignty were the focus [...] Full text...

thread Health

Gaza aid delivery ‘grinding to a halt’ alongside rampant insecurity

22 november 2024 - 07:02:54
Gaza City, Gaza (PANA) - The delivery of life-saving aid across Gaza “is grinding to a halt” amid a surge [...] Full text...

thread Society

Global plastics treaty: UN experts call for centrality of human rights

22 november 2024 - 06:54:35
Geneva, Switzerland (PANA) - Independent UN human rights experts said on Thursday that the forthcoming global plastic pollution treaty must [...] Full text...

thread Environment

IMF mission concludes visit to Egypt on review of Extended Fund Facility

21 november 2024 - 08:47:30
Cairo, Egypt (PANA) – Egyptian authorities and the International Monetary Fund (IMF) staff have made “substantial progress” on policy discussions [...] Full text...

thread Economy

Debt burden stifles development spending in Africa's poorer countries

19 november 2024 - 15:44:43
Addis Ababa, Ethiopia (PANA) - Africa’s rising debt burden is eroding funding for sustainable development in poor countries, impacting heavily [...] Full text...

thread Economy

IMF, Comoros reach staff-level agreement on third review of ECF arrangement

16 november 2024 - 10:25:28
Moroni, Comoros (PANA) - Comorian authorities and International Monetary Fund (IMF) staff have reached a staff-level agreement on economic policies [...] Full text...

thread Economy

IMF, Zambia strike deal on 4th review of Extended Credit Facility

12 november 2024 - 11:49:13
Lusaka, Zambia (PANA) - The lingering effects of drought have hit Zambia's economic landscape harder than anticipated, with reduced agricultural [...] Full text...

thread Economy

Uncovering trade data gaps: Lessons from Madagascar and France: World Bank Blog By Siddhesh Kaushik and Sonja Mitikj

11 november 2024 - 07:21:13
Antananarivo, Madagascar (PANA) - Bilateral reporting asymmetries in international trade data have long influenced critical statistical measures, such as trade [...] Full text...

thread Economy

IMF Executive Board approves US$248.5 million for Sierra Leone

01 november 2024 - 07:33:51
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Thursday concluded the 2024 Article [...] Full text...

thread Economy

Rwanda’s economic growth among strongest in Sub-Saharan Africa: IMF

23 october 2024 - 08:51:42
Kigali, Rwanda (PANA) – International Monetary Fund (IMF) staff and the Rwandan authorities have reached staff-level agreement on policies needed [...] Full text...

thread Economy

IMF completes first review of Ethiopia’s ECF arrangement, allows $340.7 million disbursement

19 october 2024 - 08:43:02
Addis Ababa, Ethiopia (PANA) – The International Monetary Fund (IMF) Board on Friday completed the first review under the Extended [...] Full text...

thread Economy

IMF, reach staff level deal on review of ECF and RSF before approval of more financial support

18 october 2024 - 07:53:28
Dar es Salaam, Tanzania (PANA) - Tanzanian authorities and the International Monetary Fund (IMF) have reached staff-level agreement on the [...] Full text...

thread Economy

When foreign exchange intervention can best help countries navigate shocks: IMF Blog By Suman Basu, Sonali Das, Olamide Harrison, and Erlend Nier

12 october 2024 - 14:23:40
Washington DC, United States (PANA) – With major central banks now cutting policy rates, the global interest rate cycle is [...] Full text...

thread Economy

South Africa market opens for United States soybeans

09 october 2024 - 09:42:13
Pretoria, South Africa (PANA) - Soybeans from the United States are once again eligible to enter South Africa following a [...] Full text...

thread Agriculture

Expensive farm inputs, insecurity in producing regions, high transport costs impact grain yields in Nigeria

04 october 2024 - 08:26:34
Lagos, Nigeria (PANA) - Imports of wheat, rice, and maize marketing in year 2024/25 are estimated to increase as the [...] Full text...

thread Agriculture

Subdued outlook constrains Eswatini’s ability to respond to social needs: IMF

01 october 2024 - 07:53:37
Mbabane, Eswatini (PANA) – On the back of a post-pandemic rebound and favourable export prices, real GDP growth in Eswatini [...] Full text...

thread Economy

Niger anticipates economic recovery on from oil revenues

01 october 2024 - 05:55:54
Niamey, Niger (PANA) - Niger's economy is set to rebound after a year marked by an unprecedented political crisis. However, [...] Full text...

thread Economy

Sierra Leone, IMF reach staff-level deal on new ECF arrangement

21 september 2024 - 09:27:33
Freetown, Sierra Leone (PANA) - The International Monetary Fund (IMF) staff and the Sierra Leonean authorities have reached a staff-level [...] Full text...

thread Economy

Trade balances in China and the US are largely driven by domestic macro forces: IMF Blog By Pierre-Olivier Gourinchas, Ceyla Pazarbasioglu, Krishna Srinivasan, and Rodrigo Valdés

13 september 2024 - 12:55:31
Washington, DC, United States - China’s widening trade surplus and the growing US trade deficit since the pandemic have renewed [...] Full text...

thread Economy

IMF Executive Board finds Botswana’s financial sector sound, stable, and resilient

11 september 2024 - 10:34:26
Gaborone, Botswana (PANA) – Due to a diamond market contraction,   Botswana’s economic growth is expected to slow to 1 percent [...] Full text...

thread Economy

IMF praises Uganda’s economic recovery efforts with low inflation

10 september 2024 - 08:18:23
Kampala, Uganda (PANA) - Uganda has navigated the post pandemic recovery well due to sound macroeconomic policies and its economic [...] Full text...

thread Economy

Despite declining growth South Africa can repay IMF, Board concludes

05 september 2024 - 11:21:07
Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) concluded the Post Financing Assessment [...] Full text...

thread Economy

Egypt’s cane sugar production drops

23 august 2024 - 07:14:37
Cairo, Egypt (PANA) - Egypt’s sugar production in marketing year 2024/25 (October to September) is forecast to reach 2.6 million [...] Full text...

thread Agriculture

South Africa sets wheat import duties while local wheat area drops

14 august 2024 - 12:32:35
Pretoria, South Africa (PANA) - Falling global wheat prices triggered, in July 2024, a wheat import duty of Rand 176.30 [...] Full text...

thread Agriculture

Maximising returns to human capital in Mauritania for increased wealth, shared prosperity

26 july 2024 - 11:20:08
Nouakchott, Mauritania (PANA) - The World Bank on Friday released the seventh edition of its Economic Update for Mauritania, which [...] Full text...

thread Economy

Malawi Economic Monitor calls for urgent, sustained reforms for faster, more inclusive growth

25 july 2024 - 07:40:09
Lilongwe, Malawi (PANA) - Malawi’s current economic difficulties require a combination of immediate response measures and urgent reforms to address [...] Full text...

thread Economy

AfDB grants DRC $260 million loan to strengthen agricultural sector

19 july 2024 - 05:47:57
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a loan of [...] Full text...

thread Agriculture

AfDB chief warns Nigeria’s food import policy could destroy its agriculture

13 july 2024 - 18:42:57
Abuja, Nigeria (PANA) - The President of the African Development Bank (AfDB) Group, Dr. Akinwumi Adesina, has said the decision [...] Full text...

thread Agriculture

Red Sea shipping crisis elevates trading costs with extra burden on consumers

12 july 2024 - 07:20:25
Dar es Salaam, Tanzania (PANA) - Due to recently increased attacks by Houthi militants, the Red Sea shipping route remains [...] Full text...

thread Economy

Seeking new pathways to green growth in Malawi: World Bank By Qursum Qasim and Efrem Chilima

10 july 2024 - 11:36:35
Lilongwe, Malawi (PANA) - With the recent declaration of a drought in 23 of its 28 districts, Malawi once again [...] Full text...

thread Economy

IMF completes Gambia’s first review under Extended Credit Facility

10 july 2024 - 07:53:35
Banjul, Gambia (PANA) - Gambia’s economic activity continues to recover robustly and its growth was estimated at 5.3 percent in [...] Full text...

thread Economy

Green Zambia: Financing a liveable future: World Bank Blog By Qursum Qasim

03 july 2024 - 12:12:54
Lusaka, Zambia (PANA) - Green is the new buzzword, but what does greening industry and the financial sector mean in [...] Full text...

thread Economy

Libya's Minister of Economy and Trade orders fixing of prices for certain staple foods

24 june 2024 - 16:48:15
Tripoli, Libya (PANA) - The Libyan Minister of Economy and Trade in the government of national unity, Mohamed Al-Haweij, has [...] Full text...

thread Economy

IMF approves US$337 million from ECF and US$321 million of RSF for Madagascar

22 june 2024 - 12:16:27
Antananarivo, Madagascar (PANA) – The Executive Board of the International Monetary Fund (IMF) on Friday approved a 36-month arrangement under [...] Full text...

thread Economy

Easing Guinea’s food insecurity: IMF’s Food Shock Window By Pilar Garcia Martinez, Joseph Ntamatungiro, and Neree Noumon

21 june 2024 - 15:42:02
Conakry, Guinea (PANA) - IMF emergency financing has supported Guinea’s efforts to cope with the effects of macroeconomic shocks, underpinned [...] Full text...

thread Agriculture

Gold reserves management become more relevant than ever

21 june 2024 - 14:08:33
London, United Kingdom (PANA) - An increasingly complex geopolitical and financial environment is making gold reserves management more relevant than [...] Full text...

thread Economy

Import of alcoholic beverages up in Ghana

21 june 2024 - 12:10:51
Accra, Ghana (PANA) - Alcoholic beverages imported into Ghana increased from $56 million in 2019 to $87 million in 2023.Due [...] Full text...

thread Society

IMF urges South Sudan to uphold prudent macroeconomic policies

11 june 2024 - 11:55:15
Juba, South Sudan (PANA) – The International Monetary Fund (IMF) is urging the authorities of South Sudan to return to [...] Full text...

thread Economy

Seychelles withstands climate shocks, continued volatility in external environment

04 june 2024 - 10:40:06
Victoria, Seychelles (PANA) - The Seychelles economy has continued to demonstrate resilience, despite continued volatility in the external environment and [...] Full text...

thread Economy

EC takes final step to allow implementation of EU-Kenya Economic Partnership Agreement

30 may 2024 - 09:30:30
Brussels, Belgium (PANA) – The European Council on Thursday adopted a decision on the conclusion of the EU-Kenya Economic Partnership [...] Full text...

thread Economy

Algeria: Investing in data key for diversified growth

22 may 2024 - 19:44:54
Algiers, Algeria (PANA) - Algeria’s economic growth remained dynamic in 2023, with GDP recording a 4.1 per cent increase, driven [...] Full text...

thread Economy

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

09 may 2024 - 07:49:55
Tunis, Tunisia (PANA) - Tunisia's economic recovery slowed in 2023, due to a severe drought, tight financing conditions and a [...] Full text...

thread Economy

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

07 may 2024 - 17:28:04
Tripoli, Libya (PANA) - The Libyan Prime Minister of the Government of National Unity, Abdulhamid al-Dbaiba, has stressed the need [...] Full text...

thread Economy

World Bank loan to Namibia supports renewable energy integration

07 may 2024 - 09:56:07
Windhoek Namibia (PANA) – Namibia on Monday marked the approval of its first ever World Bank financed energy project, aimed [...] Full text...

thread Economy

UN official urges South Sudan to lift taxes halting aid

29 april 2024 - 16:41:49
Juba, South Sudan (PANA) - The UN’s top humanitarian official in South Sudan has urged the government to lift newly [...] Full text...

thread Society

Libyan-US officials discuss investment opportunities in Libya's oil and gas sector

20 april 2024 - 16:51:10
Tripoli, Libya (PANA) - Libya's Acting Minister of Oil in the Government of National Unity and Deputy Minister of Economy [...] Full text...

thread Economy

Eswatini looks forward to increased sugar exports from improved cane production

18 april 2024 - 13:07:24
Mbabane, Eswatini (PANA) – Eswatini’s sugar production in marketing year (MY) 2024/25 is forecast to rise on improved cane deliveries [...] Full text...

thread Agriculture

Wave of increased food insecurity hits West and Central Africa

12 april 2024 - 21:57:03
Abuja, Nigeria (PANA) - Almost 55 million people are facing further food and nutrition insecurity in West and Central Africa [...] Full text...

thread Society

Egypt seeks to raise earnings of millions working in cotton production, textile manufacturing

12 april 2024 - 11:36:04
Cairo, Egypt (PANA) – Egypt’s cotton production in marketing year (MY) 2024/25 is forecast at 310,000 bales, down 40,000 bales [...] Full text...

thread Agriculture

Gaza war: Planning the post-war reconstruction and recovery of Gaza

06 april 2024 - 07:02:50
Geneva, Switzerland (PANA) - The destruction wrought across the Gaza Strip by Israel in the six months since the beginning [...] Full text...

thread Economy

Seychelles, IMF mission reach staff-level deal on second reviews under EFF and RSF

04 april 2024 - 10:10:46
Victoria, Seychelles (PANA) - The Seychellois economy continued to recover in 2023 and is moving closer to pre-pandemic norms despite [...] Full text...

thread Economy

DRC completes key inland port to enhance Eastern Africa region trade

27 march 2024 - 14:33:43
Kinshasa, DRC (PANA) - The dredging of Port of Kalundu, along the shores of Lake Tanganyika, in the Democratic Republic [...] Full text...

thread Economy

Global trade poised for rebound during the rest of 2024 - UNCTAD

22 march 2024 - 05:21:04
Geneva, Switzerland (PANA) - After several quarters of decline, international trade is poised for a rebound during the rest of [...] Full text...

thread Economy

IMF concludes 2024 discussions on common policies of WAEMU member countries

20 march 2024 - 11:09:46
Dakar, Senegal (PANA) - The West African Economic and Monetary Union (WAEMU) has proved resilient amid significant adverse shocks, maintaining [...] Full text...

thread Economy

Gambian president calls for more investment in rice production

20 march 2024 - 10:46:18
Banjul, Gambia (PANA) - Gambian President Adama Barrow has called on the Ministry of Agriculture to support investment by farmers [...] Full text...

thread Agriculture

World Bank projects boost food security, economic opportunities in Tunisia

15 march 2024 - 14:44:08
Tunis, Tunisia (PANA) - The World Bank’s Board of Directors has approved two new loans worth US$520 million, providing additional [...] Full text...

thread Agriculture

Meeting focuses on preparations for Libyan-Maltese Trade and Export Forum

15 march 2024 - 10:48:56
Tripoli, Libya (PANA) - Libya's Minister of Economy and Trade in the Government of National Unity, Mohamed al-Haweij, has discussed [...] Full text...

thread Economy

WTO Ministerial Conference ends with decisions on dispute reform, development

02 march 2024 - 11:41:31
Abu Dhabi, UAE (PANA) – World Trade Organisation (WTO) members concluded the 13th Ministerial Conference (MC13) in Abu Dhabi, United [...] Full text...

thread Economy

How can we reinvigorate international trade? World Bank Blog By Pablo Saavedra and Mona Haddad

25 february 2024 - 17:05:58
Abu Dhabi, United Arab Emirates, (PANA) - After decades of accelerating globalisation, since 2008 international trade has grown at roughly [...] Full text...

thread Economy

Israel-Gaza Crisis: Tourism surges in Egypt despite economic hardships

15 february 2024 - 11:45:36
Cairo, Egypt (PANA) - Despite economic hardships and the Israel-Hamas conflict, Egypt hosted 14.9 million tourists in 2023, exceeding its [...] Full text...

thread Economy

Burundi and Russia ratify civil nuclear cooperation agreement

01 february 2024 - 15:54:37
Bujumbura, Burundi (PANA) - The National Assembly Thursday adopted a bill ratifying a cooperation agreement between Burundi and Russia on [...] Full text...

thread Politics

Mali could boost its economy after withdrawing from ECOWAS

01 february 2024 - 15:46:12
Bamako, Mali (PANA) - Mali could give its economy a further boost following its joint decision with Burkina Faso and [...] Full text...

thread Economy

South Africa to export meat products to Saudi Arabia

25 january 2024 - 08:40:44
Cape Town, South Africa (PANA) – Saudi Arabia has confirmed that it will start importing South African beef and lamb [...] Full text...

thread Economy

Burundi set for stronger economic recovery in 2024: IMF mission

23 january 2024 - 10:20:12
Bujumbura, Burundi (PANA) – A stronger economic recovery is projected in Burundi for 2024, with real GDP expanding by 4.3 [...] Full text...

thread Economy

China to half tariffs on South African tea imports

17 january 2024 - 08:37:49
Cape Town, South Africa (PANA) – In a major economic boost, the Chinese government has agreed to more than halve [...] Full text...

thread Economy

IMF Board approves $100 million 36 months extended credit facility for Gambia

15 january 2024 - 11:01:14
Banjul, Gambia (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a 36-month arrangement under the [...] Full text...

thread Economy

Libyan Prime Minister announces abolition of fuel subsidies to combat trafficking

11 january 2024 - 15:24:40
Tripoli, Libya (PANA) - The Libyan Prime Minister of the Government of National Unity, Abdulhamid al Dbaiba, has announced that [...] Full text...

thread Economy

Accra hosts USA food pairing event

10 january 2024 - 18:43:26
Accra, Ghana (PANA) - Ghana’s growing population is youthful with an increasingly fast emerging middle-class who have an appreciation for [...] Full text...

thread Society

Libyan PM deplores delay in resolving issue of alternatives to fuel subsidies

09 january 2024 - 14:51:52
Tripoli, Libya (PANA) - The Libyan prime minister of the Government of National Unity, Abdulhamid al Dbaiba, has stated that [...] Full text...

thread Economy

Burundi lifts restrictions on holding foreign currency accounts

04 january 2024 - 13:42:22
Bujumbura, Burundi (PANA) - Local and foreign non-governmental organisations (NGOs), as well as private entities receiving external support, are once [...] Full text...

thread Economy

New Year reprieve for South African motorists as fuel prices go down

03 january 2024 - 10:37:18
Cape Town, South Africa (PANA) – Mineral Resources and Energy Minister Gwede Mantashe on Wednesday announced a reduction of fuel [...] Full text...

thread Economy

UN News looks ahead to 2024: January to June

31 december 2023 - 07:36:38
New York, US (PANA) - In 2024, the UN will once again be at the heart of international efforts to [...] Full text...

thread Politics

Kenya, EU sign landmark economic partnership agreement

19 december 2023 - 16:26:12
Nairobi, Kenya (PANA) - Kenya and the European Union on 18 December signed an Economic Partnership Agreement (EPA) which will [...] Full text...

thread Economy

IMF directors complete review of Comoros Fund-assisted reform programme

16 december 2023 - 11:04:19
Moroni, Comoro (PANA) – The International Monetary Fund (IMF) Executive Board has welcomed the focus on structural reforms to strengthen [...] Full text...

thread Economy

DRC growth resilient amid challenging socioeconomic, security environment: IMF

15 december 2023 - 11:40:49
Kinshasa, DR Congo (PANA) - While economic growth of the Democratic Republic of Congo (DRC) remains resilient, fiscal, depreciation and [...] Full text...

thread Economy

IMF sees near-term prospects for Algerian economy as favourable though inflation still high

15 december 2023 - 09:23:14
Algiers, Algeria (PANA) - Algeria’s economic growth is projected to reach 4.2 percent in 2023, supported by robust activity in [...] Full text...

thread Economy

Why digital trade should remain open: IMF Blog By Michele Ruta and Adam Jakubik

14 december 2023 - 14:27:00
Washington, United States (PANA) - Digital trade, from software sales to streaming movies, plays a bigger role than ever in [...] Full text...

thread Economy

IMF approves US$12.3 million support disbursement to Seychelles

05 december 2023 - 08:24:05
Victoria, Seychelles (PANA) - The IMF Executive Board on Monday completed the first reviews of the Seychelles Extended Arrangement under [...] Full text...

thread Economy

Gambian economy continues its strong recovery-Governor Saidy

30 november 2023 - 18:27:54
Banjul, Gambia (PANA) - Buah Saidy, Governor of the Central Bank of The Gambia, has stated that the Gambian economy [...] Full text...

thread Economy

World Needs More Policy Ambition, Private Funds, and Innovation to Meet Climate Goals: IMF Blog By Simon Black, Florence Jaumotte, and Prasad Ananthakrishnan

28 november 2023 - 08:36:04
Washington DC, United States (PANA) - With each passing year, the stark reality of a hotter planet becomes clearer and [...] Full text...

thread Environment

IMF, Kenya reach staff-level deal on economic policies

17 november 2023 - 08:57:24
Nairobi, Kenya (PANA) - Kenyan authorities and the International Monetary Fund (IMF) staff have reached staff-level agreement on economic policies [...] Full text...

thread Economy

South Africa's President Ramaphosa to visit Qatar

14 november 2023 - 07:37:20
Cape Town, South Africa (PANA) – South Africa's President Cyril Ramaphosa will on Wednesday undertake a two-day State visit to [...] Full text...

thread Politics

AfDB unveils 2023-2028 Country Strategy Paper for Congo

07 november 2023 - 10:46:02
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank's Country Strategy Paper (CSP 2023-2028) for Congo will focus on four [...] Full text...

thread Economy

Tunisia's economic recovery slows down amid drought

06 november 2023 - 17:31:32
Tunis, Tunisia (PANA) - Tunisia’s economic recovery slowed in the first half of 2023 as the country continued to grapple [...] Full text...

thread Economy

How green innovation can stimulate economies and curb emissions:- IMF Blog (By Zeina Hasna, Florence Jaumotte, and Samuel Pienknagura)

06 november 2023 - 17:13:21
Washington DC, USA (PANlA) - Making low-carbon technologies cheaper and more widely available is crucial to reducing harmful emissions, an [...] Full text...

thread Economy

IMF encourages CAR to strengthen governance as inflation flares high

02 november 2023 - 12:23:34
Bangui, Central African Republic (PANA) - Central African Republic (CAR)’s economy is projected to grow by 1.0 percent in 2023, [...] Full text...

thread Economy

IMF approves US$25 million disbursement to CAR

31 october 2023 - 07:38:23
Washington, DC, US (PANA) – Economic activity in Central African Republic has improved this year though not as much as [...] Full text...

thread Economy

IMF mission completes arrangement for Mauritania’s Resilience and Sustainability Facility

28 october 2023 - 11:45:53
Nouakchott, Mauritania (PANA) - International Monetary Fund (IMF) staff and Mauritanian authorities have reached a preliminary agreement on completion of [...] Full text...

thread Economy

WB report highlights importance of strengthening Algeria’s economic resilience, amidst heightening global uncertainty

26 october 2023 - 12:05:30
Algiers, Algeria (PANA) - Algeria's economy has reached its pre-pandemic level in 2022, the recovery extending to the first half [...] Full text...

thread Economy

Current El Niño likely to affect food security in several African countries

17 october 2023 - 07:30:02
Dar es Salaam, Tanzania (PANA) –  Heads of international organisations have urged countries to balance short-term urgent interventions with longer-term [...] Full text...

thread Agriculture

Resilient global economy still limping along, with growing divergences: IMF Blog By Pierre-Olivier Gourinchas

10 october 2023 - 15:34:50
Washington DC, United States (PANA) - The global economy continues to recover from the pandemic, Russia’s invasion of Ukraine and [...] Full text...

thread Economy

Fuel and foreign exchange shortages impede economic growth in Burundi

05 october 2023 - 14:24:08
Bujumbura, Burundi (PANA) - While the Burundian economy continues to recover, economic buoyancy is impeded by shocks and multifaceted challenges [...] Full text...

thread Economy

Geo-economic fragmentation threatens food security, clean energy transition: IMF Blog

03 october 2023 - 17:20:57
Washington DC, United States (PANA) - Russia’s invasion of Ukraine in 2022 fragmented major commodity markets. Countries have since restricted [...] Full text...

thread Society

Gambia and AfDB to boost rice output, uplift youth and women entrepreneurs

03 october 2023 - 14:02:30
Banjul, Gambia (PANA) - The Gambia and African Development Bank Group efforts to boost rice output and uplift youth and [...] Full text...

thread Agriculture

Burkina Faso secures US$302 million under IMF credit arrangement

22 september 2023 - 16:30:08
Washington, DC, US (PANA) -  The Executive Board of the International Monetary Fund (IMF) has approved a 48-month arrangement under [...] Full text...

thread Economy

Botswana registers strong recovery, plans fiscal expansion in 2023

31 august 2023 - 16:41:59
Gaborone, Botswana (PANA) - Botswana’s growth is expected to slow to 3.8 per cent in 2023 due to a projected [...] Full text...

thread Economy

Protectionism fails to achieve its goals, threatens future of critical industries (World Bank feature)

29 august 2023 - 15:21:58
Washington DC, US (PANA) - Since 1990, global trade has increased incomes by 24 per cent worldwide, and by 50 [...] Full text...

thread Economy

Mauritius records trade deficit in June 2023

22 august 2023 - 08:36:20
Port-Louis, Mauritius (PANA) - Statistics Mauritius, the official statistial body, said on Monday the island recorded a trade deficit of [...] Full text...

thread Economy

Top UN official in Mauritius highlights transformative power of food production

23 july 2023 - 11:40:53
Port-Louis, Mauritius (PANA) - Transforming the way food is produced on the Indian Ocean archipelago of Mauritius could help to [...] Full text...

thread Agriculture

IMF Executive Board concludes 2023 Article IV Consultation with Lesotho

20 july 2023 - 13:38:01
Washington, DC, US (PANA) – Lesotho’s economy continues to face a number of challenges in the wake of the pandemic [...] Full text...

thread Economy

Emerging market economies bear the brunt of stronger dollar: IMF Blog

20 july 2023 - 06:27:12
Washington DC, US (PANA) - The US dollar’s strengthening last year to a 20-year high had major implications for the [...] Full text...

thread Economy

World Bank responds to rising global food insecurity

18 july 2023 - 07:19:05
Washington, DC, US (PANA) - Domestic food price inflation remains high around the world, says the latest update of the [...] Full text...

thread Society

Protectionism can jeopardise health outcomes in countries spending more on global trade in health goods

15 july 2023 - 11:23:38
Washington, DC, US (PANA) - Global security has now assumed new dimensions, the latest being health security that reflects mounting [...] Full text...

thread Health

Sudan conflict: IGAD quartet: A walk into Sudan's landmine field (News analysis by Mohamed Osman Adam, PANA Correspondent)

11 july 2023 - 13:32:58
Khartoum, Sudan (PANA) - Cracks are showing not only within the Sudanese political façade at home towards the two belligerents, [...] Full text...

thread Society

IMF Board concludes 2023 Article IV consultation with Cape Verde

24 june 2023 - 10:01:38
Washington, DC, US (PANA) – Confirming Cape Verde’s strong performance under the Extended Credit Facility (ECF) programme, the International Monetary [...] Full text...

thread Economy

Mali aims to achieve electrification rate of 68% in 2023

22 june 2023 - 18:57:09
Bamako, Mali (PANA) - Mali's ambition is to achieve an electrification rate of 68% by 2023, compared with 57.4% in [...] Full text...

thread Economy

Macro-economic challenges hamper Zimbabwe maize farmers’ efforts to raise production

19 june 2023 - 09:28:31
Harare, Zimbabwe (PANA) - Zimbabwe’s maize crop for marketing year 2023/24 is estimated at 1.5 million metric tons, representing an [...] Full text...

thread Agriculture

European delegation in Tunis to pave way for agreement with IMF

11 june 2023 - 19:00:13
Tunis, Tunisia (PANA) - A large European delegation paid a brief visit to Tunis on Sunday in an attempt to [...] Full text...

thread Economy

Ministry of Economy bans imports, sales of certain goods in Libya

06 june 2023 - 16:57:09
Tripoli, Libya (PANA) - The Ministry of Economy and Trade of the Government of National Unity has banned the import [...] Full text...

thread Economy

World Bank raises alarm on rising global food insecurity

06 june 2023 - 11:32:06
Dar es Salaam, Tanzania (PANA) - Domestic food price inflation remains high around the world, according to the latest Food [...] Full text...

thread Agriculture

Portugal's President De Sousa to visit South Africa

05 june 2023 - 10:02:54
Cape Town, South Africa (PANA) – President Cyril Ramaphosa will on Tuesday host his Portuguese Counterpart, Marcelo Rebelo De Sousa, [...] Full text...

thread Politics

Mali struggles through multiple shocks amid poverty, food insecurity: IMF

26 may 2023 - 14:06:13
Washington, DC: US (PANA) – Mali’s economy has been hit by multiple shocks since 2020 but remained resilient in 2022 [...] Full text...

thread Economy

Mauritius records balance of trade deficit in March

23 may 2023 - 09:09:31
Port-Louis, Mauritius (PANA) – Statistics Mauritius says the country recorded a trade deficit of 14,703 million rupees in March 2023, [...] Full text...

thread Economy

Benin's imports, exports dip in Q4 2022

19 may 2023 - 14:16:41
Cotonou, Benin (PANA) - Benin's imports and exports dipped in Q4 of 2022, the National Institute of Statistics and Demography (INSTAD) [...] Full text...

thread Economy

Libya records US$23.5 billion GDP and 5.5 growth rate in 2022 - senior CBL official

17 may 2023 - 15:18:04
Tripoli, Libya (PANA) - Libya recorded a total of 113 billion Libyan dinars (about 23.5 billion U.S. dollars) in gross [...] Full text...

thread Economy

Benin's imports rise in Q3 in 2022

16 may 2023 - 20:23:55
Cotonou, Benin (PANA) - Benin's imports increased during the third quarter of 2022, according to a publication by the National [...] Full text...

thread Economy

Libyan PM welcomes resumption of work at Ras Lanuf petrochemical complex

13 may 2023 - 12:59:09
Tripoli, Libya (PANA) - Libya's prime minister, Abdelhamid al-Dbaiba, has said the return to operation, after a 12-year hiatus, of [...] Full text...

thread Economy

IMF team, DRC officials reach staff-level deal on ECF fourth review

04 may 2023 - 08:35:59
 Kinshasa, DR Congo (PANA) – Showing resilience, and with real GDP growth at 8.9 per cent in 2022, the economy [...] Full text...

thread Economy

Growth in Sub-Saharan Africa could permanently decline if geopolitical tensions escalate: IMF

01 may 2023 - 18:21:45
Washington, DC, US (PANA) - Sub-Saharan Africa could stand to lose the most if the world were split into two [...] Full text...

thread Economy