Madagascar: AfDB strengthens industrial, financial sectors with 14 million euros

31 october 2020 - 04:20:51
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has approved the Industrialization and Financial Sector Support Project (PAISF), [...] Full text...

thread Economy

AfDB launches train-the-trainers' programme on access to Green Climate Fund

31 october 2020 - 04:09:48
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has designated representatives from 80 government institutions, civil society organizations [...] Full text...

thread Economy

FAO emphasises women's role in African agriculture

29 october 2020 - 23:48:20
Harare, Zimbabwe (PANA) - Women in Africa are the backbone of their households, communities and rural economies, as food producers, [...] Full text...

thread Agriculture

ECOWAS court orders Senegal to file report on how it implemented court judgement

27 october 2020 - 16:53:47
Abuja, Nigeria (PANA) - The ECOWAS Court has ordered Senegal to submit to the Court, within six months, a report [...] Full text...

thread Society

France provides 100 billion CFA francs to Mali for development promotion

27 october 2020 - 13:44:20
Bamako, Mali (PANA) - Mali and France on Monday signed five agreements worth about 100 billion CFA francs to promote [...] Full text...

thread Economy

Coronavirus: Pandemic continues to severely affect Cape Verde economy - IMF

27 october 2020 - 13:28:10
Praia, Cape Verde (PANA) – Though a recovery is expected in 2021 with real GDP growth at 4.5 percent, the [...] Full text...

thread Economy

Global foreign direct investment halved amid pandemic: UNCTAD

27 october 2020 - 11:22:23
Geneva, Switzerland (PANA) - Foreign direct investment (FDI), a bellwether of globalisation and economic confidence, fell by 49 per cent to [...] Full text...

thread Economy

Coronavirus: Rwanda’s economy healing from contraction under pandemic

27 october 2020 - 09:16:50
Kigali, Rwanda (PANA) – Rwanda’s economic activity has started to show signs of recovery following a sharp contraction in the [...] Full text...

thread Economy

Mauritius undergoing economic recession

24 october 2020 - 12:50:08
Port-Louis, Mauritius (PA NA) - Mauritian Finance Minister Renganaden Padayachy Friday said the island’s economy had suffered from the national [...] Full text...

thread Economy

Tunisia, AFD sign several financing agreements

22 october 2020 - 23:34:57
Tunis, Tunisia (PANA) - Tunisia and the French development agency (AFD) Thursday signed several financing agreements here, official sources said. The [...] Full text...

thread Economy

Tunis, Paris plead for inclusive solution to the Libyan crisis

22 october 2020 - 22:05:56
Tunis, Tunisia (PANA) - The Libyan crisis was one of the main issues raised by French Minister of Foreign Affairs [...] Full text...

thread Politics

European investment bank releases 38 million Euros for Tunisia,

21 october 2020 - 23:15:46
Tunis, Tunisia (PANA) - The Tunisian minister of Economy, Finances and Investment support, Ali Kooli, and the Director of the [...] Full text...

thread Economy

Coronavirus: ADF approves $50.7m Covid-19 crisis response budget support for Tanzania

20 october 2020 - 15:42:31
Dar es Salaam, Tanzania (PANA) - The African Development Fund (ADF) has approved a loan of $50.7 million to Tanzania [...] Full text...

thread Economy

10 African presidents plead for increasing IFAD financing to fight hunger, poverty in rural areas

19 october 2020 - 21:34:56
Paris, France (PANA) - Ten African countries Monday strongly appealed to other leaders of the world to increase their financing [...] Full text...

thread Economy

African leaders call for increased investment in IFAD to end rural hunger, poverty

19 october 2020 - 18:37:30
Rome, Italy (PANA)  - Ten African Heads of State have issued a strong call to other world leaders to increase [...] Full text...

thread Agriculture

Accelerating learning, earnings of adolescent girls, young women in the Sahel

17 october 2020 - 09:42:52
Abidjan, Cote d'Ivoire (PANA) - A significant scale-up of activities for the Sahel Women Empowerment and Demographic Dividend (SWEDD) project [...] Full text...

thread Gender

AfDB Board raises the bank's capital by 125 per cent

15 october 2020 - 15:26:14
Tunis, Tunisia (PANA) - African Development Bank (AfDB) country manager at the Regional Office of Development and Service Delivery for [...] Full text...

thread Economy

Coronavirus: Pandemic constitutes ‘unprecedented challenge’ to health, social, economic conditions: UN agencies

14 october 2020 - 06:17:11
New York, US (PANA) - The COVID-19 pandemic has not only led to a “dramatic loss” of human life but [...] Full text...

thread Health

Debt burden of LDCs continues to climb to a record $744 billion in 2019

12 october 2020 - 15:29:30
Washington, US (PANA) - In response to an urgent need for greater debt transparency, the latest edition of the International [...] Full text...

thread Economy

Coronavirus: King Mohamed VI announces response plan to overcome pandemic effects

10 october 2020 - 00:59:58
Rabat, Morocco (PANA) - King Mohamed VI said here Friday his economic revival plan, which focuses on strategic investment, aims [...] Full text...

thread Economy

Coronavirus: China extends debt exemption to Botswana

08 october 2020 - 15:16:26
Gaborone, Botswana (PANA) - Botswana and China have signed a protocol on the exemption from payment of an interest-free loan. Botswana's [...] Full text...

thread Economy

Timoumi, Zakaria named CAF Champions League final ambassadors

07 october 2020 - 19:17:40
Cairo, Egypt (PANA) - Morocco legend, Mohamed Timoumi, and Egyptian Moamen Zakaria, have been named ambassadors for the Total CAF [...] Full text...

thread Sports

AfDB urges Japanese investors to seek investment partners in Africa

07 october 2020 - 13:49:30
Abidjan, Cote d’Ivoire (PANA) - The African Development Bank (AfDB) has urged Japanese investors to collaborate with local partners in [...] Full text...

thread Economy

Tanzania: AfDB's support gives Zanzibar's urban residents improved access to water and sanitation

06 october 2020 - 18:53:07
Dar es Salaam, Tanzania (PANA) - The Zanzibar Urban Water Supply and Sanitation Project, implemented between 2012 and 2018 in [...] Full text...

thread Environment

Libya realised US$2.78 billion in oil revenues in nine months of 2020

06 october 2020 - 12:57:02
Tripoli, Libya (PANA) - Libya earned about US$ 2.78 billion as oil and sovereign revenues in the first nine months [...] Full text...

thread Economy

Zanzibar's urban residents get improved access to water, sanitation with AfDB support

06 october 2020 - 09:59:05
Zanzibar, Tanzania (PANA) - Around 287,000 residents of  Saateni and Welezo areas of Zanzibar city now benefit from water and [...] Full text...

thread Society

South Africa: Opposition urges IMF to sanction Pretoria

04 october 2020 - 08:36:22
Cape Town, South Africa (PANA) – South Africa's official opposition Democratic Alliance (DA) on Sunday said it has contacted the [...] Full text...

thread Economy

Coronavirus: African finance ministers discuss debt restructuring to navigate coronavirus pandemic

02 october 2020 - 21:37:31
Addis Ababa, Ethiopia (PANA) – The UN Economic Commission for Africa (ECA) has led African ministers of finance and development [...] Full text...

thread Economy

AfDB grants US$27 million loan to develop agricultural value chains in Madagascar

30 september 2020 - 19:27:47
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) on Tuesday approved a loan [...] Full text...

thread Agriculture

Zambia’s 2020 budget fails to 'adequately tackle' the debt crisis, says advocacy group

30 september 2020 - 11:13:38
Lusaka, Zambia (PANA) - The Jesuit Centre for Theological Reflection (JCTR) in Zambia has said that the 2021 National Budget [...] Full text...

thread Economy

Nigerians angered by approval for $1.96 billion rail link from Kano to Maradi in Niger

24 september 2020 - 11:07:26
Abuja, Nigeria (PANA) – Approval of the $1.96 billion contract for the construction of a railway linking Kano to Maradi [...] Full text...

thread Society

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

23 september 2020 - 19:46:18
Rabat, Morocco (PANA) - The European Bank for Reconstruction and Development (EBRD) announced Wednesday it was boosting trade in Morocco [...] Full text...

thread Economy

Mauritius: AfDB approves emergency relief to boost clean-up of marine oil spill

18 september 2020 - 18:22:19
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) on Wednesday approved a US$500,000 [...] Full text...

thread Environment

Coronavirus: DFC, Akola support Ugandan women tackle pandemic challenge

18 september 2020 - 00:24:54
Washington (PANA) - The International Development Finance Corporation (DFC) and Akola PBC, a women’s enterprises body, have partnered to help [...] Full text...

thread Economy

WB reaffirms availability to continue supporting Tunisia

17 september 2020 - 23:28:01
Tunis, Tunisia PANA) - The World Bank operations director in Tunisia, Antonius Verheijen, Thursday expressed "the availability of the Bank [...] Full text...

thread Economy

Mauritius launches peer to peer lending rules

17 september 2020 - 12:55:55
Ebene, Mauritius (PANA) - Mauritius launched on Thursday the Financial Services (Peer to Peer Lending) Rules 2020 (P2P Lending Rules) [...] Full text...

thread Economy

Tunisia falls more than 5 billion dinars behind in worsening budget deficit

16 september 2020 - 17:01:38
Tunis, Tunisia (PANA) - Tunisia's budget deficit has worsened to reach 84 per cent at the end of July, thus [...] Full text...

thread Economy

Nigerian president Buhari justifies hike in govt borrowing to fund infrastructure

16 september 2020 - 11:35:48
Abuja, Nigeria (PANA) – President Muhammadu Buhari Tuesday justified government borrowing to finance infrastructure, asserting that his government took loans [...] Full text...

thread Economy

Buhari directs CBN to implement zero allocation of forex for importation of food items and fertilizer

10 september 2020 - 18:43:44
Abuja, Nigeria (PANA) – As the Federal Government rolls out the Economic Sustainability Plan and sets goal for National Food [...] Full text...

thread Economy

EBRD loan to finance new cheese plant in Morocco, expansion in Tunisia

02 september 2020 - 15:52:13
Tunis, Tunisia (PANA) - The European Bank for Reconstruction and Development (EBRD) is strengthening the agribusiness sector in Morocco and [...] Full text...

thread Economy

EBRD supports vital infrastructure services in Morocco

02 september 2020 - 12:13:44
Rabat, Morocco (PANA) - The European Bank for Reconstruction and Development (EBRD) announced on Wednesday it is supporting the delivery [...] Full text...

thread Economy

Teenager Williams carrying the hopes of Liberians (A CAF portrait)

01 september 2020 - 18:39:28
Cairo, Egypt (PANA) - At only 18 years, goalkeeper Ashley Williams was pushed into the deep end, starting in goal [...] Full text...

thread Sports

Zimbabwe dollar appreciates against USD for the first time

01 september 2020 - 17:48:53
Harare, Zimbabwe (PANA) - The Zimbabwen dollar (ZWL) appreciated to ZWL83.32 against one United States dollar at the end of [...] Full text...

thread Economy

GNA unveils plans to integrate young Libyans into the labour market through training

01 september 2020 - 16:32:47
Tripoli, Libya (PANA) - The Presidential Council of the Government of National Accord (GNA) has unveiled plans to massively train [...] Full text...

thread Economy

Why women need to embrace these three digital technologies

31 august 2020 - 11:39:39
Dar es Salaam, Tanzania (PANA) – It is imperative that women play an equal role in shaping the impact of [...] Full text...

thread Gender

Japan boosts Kenya's healthcare programme

29 august 2020 - 14:58:38
Nairobi, Kenya (PANA) - Kenya is set to receive an $739 million loan from the Japanese government to support universal [...] Full text...

thread Health

Mastercard, Kenya private sector body support coronavirus-hit MSMEs

29 august 2020 - 12:36:56
Nairobi, Kenya (PANA) - The Kenya Private Sector Alliance (KEPSA) and Mastercard Foundation have partnered to support Micro, Small and [...] Full text...

thread Economy

Congo: BDEAC gives BPC 10 billion CFAF to back Congolese SMEs

25 august 2020 - 22:30:55
Brazzaville, Congo (PANA) - The Development Bank of Central African States (BDEAC) here Tuesday granted a loan of 10 billion [...] Full text...

thread Economy

Coronavirus: Islamic Development Bank to invest more than US$ 2 billion to help its members fight COVID-19

20 august 2020 - 16:07:30
Cotonou, Benin (PANA) - The Islamic Development Bank (IDB) plans to disburse US$ 2.3 billion to help its members cope [...] Full text...

thread Health

Congolese govt. supports micro-credit institutions with CFAF 10 billion

19 august 2020 - 13:46:59
Brazzaville, Congo (PANA) - Appearing before the Economic, Social and Environmental Council, the Congolese Minister of Economy and Public Portfolio, [...] Full text...

thread Economy

Nigeria: Six African speakers, heads of national parliaments meet, agree to push for debt cancellation

17 august 2020 - 20:32:49
Abuja, Nigeria (PANA) - Some African speakers of parliaments meeting here Monday agreed on the need to push for debt [...] Full text...

thread Society

Coronavirus: EBRD, CaixaBank boost SME financing in Morocco

17 august 2020 - 15:58:42
Rabat, Morocco (PANA) - The European Bank for Reconstruction and Development (EBRD) on Monday announced its support to small businesses [...] Full text...

thread Economy

Coronavirus: IFC grants loan to Kenya's DTB to help SMEs face pandemic challenges

14 august 2020 - 18:03:28
Nairobi, Kenya (PANA) - The International Finance Corporation (IFC) has announced a US$50 million loan to Diamond Trust Bank Kenya [...] Full text...

thread Economy

National Bank of Rwanda maintains bank rate at 4.5%

13 august 2020 - 14:42:44
Kigali, Rwanda (PANA) - The Rwandan central bank on Thursday maintained the bank rate at 4.5 percent, citing a move [...] Full text...

thread Economy

WB gives Niger 150 billion CFAF in budget support

12 august 2020 - 18:40:09
Niamey, Niger (PANA) -  The World Bank (WB) has given Niger a budget support of 150 billion CFAF to enable [...] Full text...

thread Economy

Coronavirus: EBRD fosters private businesses in Egypt

12 august 2020 - 11:36:41
Cairo, Egypt (PANA) - The European Bank for Reconstruction and Development (EBRD) is supporting the real economy in Egypt with [...] Full text...

thread Economy

Coronavirus: EBRD strengthens resilience of small businesses in Morocco

12 august 2020 - 10:14:58
Rabat, Morocco (PANA) - The European Bank for Reconstruction and Development (EBRD) is strengthening private small businesses and trade in [...] Full text...

thread Economy

Libya records 1.595 billion dollars in oil receipts between January and July

11 august 2020 - 22:50:39
Tripoli, Libya (PANA) - Oil receipts recorded by Libya between 1 January and 31 July, 2020, were estimated at 2.218 [...] Full text...

thread Economy

African Champions on European grounds (A CAF portrait)

11 august 2020 - 14:16:06
Cairo, Egypt (PANA) - After a long exceptional season that witnessed long stoppage in some countries, and even cancelling competitions [...] Full text...

thread Sports

Tunisia's budget deficit rises by 56 per cent, says Finance Ministry

06 august 2020 - 12:35:36
Tunis, Tunisia (PANA) - Tunisia's budget deficit increased by 56 per cent in the first half of 2020, according to [...] Full text...

thread Economy

Niger: WB issues $100 million to improve decentralized services and management of the extractive sector amid COVID-19

05 august 2020 - 00:10:01
Niamey, Niger (PANA) - The World Bank Board of Trustees Tuesday approved a loan and grant totalling $100 million dollars [...] Full text...

thread Society

Coronavirus: AfDB supports Mauritius

01 august 2020 - 08:20:09
Port-Louis, Mauritius (PANA) - The African Development Bank (AfDB) has provided a COVID-19 Crisis Response Budget Programme of 188 million [...] Full text...

thread Health

Mauritius receives 300 million-euro loan from French Development Agency

30 july 2020 - 08:16:55
Port Louis, Mauritius (PANA) -Mauritius has received a loan of 300 million euros from the Agence Française de Développement (AFD) to help [...] Full text...

thread Economy

World Bank approves $500m credit for promotion of secondary school education among girls in 7 Nigerian States

29 july 2020 - 19:12:36
Abuja, Nigeria (PANA) – The World Bank has approved a US$500 million credit for the Adolescent Girls Initiative for Learning [...] Full text...

thread Society

Coronavirus: Bureau of the FIFA Council approves FIFA's COVID-19 Relief Plan regulations

29 july 2020 - 16:19:48
Zurich, Switzerland (PANA) - FIFA’s ground-breaking COVID-19 Relief Plan reached a major milestone as the Bureau of the FIFA Council [...] Full text...

thread Sports

AfDB project enhances primary, secondary school education in Lesotho - Report

29 july 2020 - 16:14:15
Maseru, Lesotho (PANA) - An educational project in Lesotho, financed by the African Development Bank (AfDB) and implemented between 2008 [...] Full text...

thread Society

Coronavirus: EBRD boosts lending to Tunisian small businesses

28 july 2020 - 16:50:51
Tunis, Tunisia (PANA) - The European Bank for Reconstruction and Development (EBRD) has extended a 5-million-Euro loan to Compagnie Internationale [...] Full text...

thread Economy

COVID-19: South Africa secures major IMF loan

28 july 2020 - 12:49:46
Cape Town, South Africa (PANA) – The International Monetary Fund (IMF) has approved South Africa’s first ever request for emergency [...] Full text...

thread Economy

Malawi youth foresee bright future, thanks to university education funding from AfDB

27 july 2020 - 18:42:29
Lilongwe, Malawi (PANA) - For many youth in Malawi, achieving a university-level education remains a distant dream due to the [...] Full text...

thread Society

AfDB commits $98 million for multisector COVID-19 response to Rwanda

25 july 2020 - 18:15:07
Kigali, Rwanda (PANA) - The African Development Bank (AfDB) has approved a concessional loan of $97.675 million to Rwanda to [...] Full text...

thread Economy

ADF approves UA100.4 million multi-country Covid-19 Response Support for 4 Southern African countries

23 july 2020 - 17:13:21
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Fund (ADF) on Wednesday approved a UA100.4 [...] Full text...

thread Health

Coronavirus: EBRD supports small businesses in Morocco

23 july 2020 - 16:27:26
Rabat, Morocco (PANA) - The European Bank for Reconstruction and Development (EBRD) said on Thursday it is responding to the [...] Full text...

thread Health

Coronavirus: AfDB gives South Africa 5 billion Rands towards COVID-19 response

22 july 2020 - 19:59:20
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a loan of [...] Full text...

thread Health

Tunisian phosphate company may go bankrupt - says official

20 july 2020 - 18:32:21
Tunis, Tunisia (PANA) - Tunisia's major national phosphate company may go bankrupt because of repeated production blockages, the adviser to [...] Full text...

thread Economy

Rights group says G20 states must ensure COVID-19 recovery measures tackle global poverty, inequality, climate crisis

18 july 2020 - 13:53:18
London, UK (PANA) - Human rights advocate Amnesty International is calling on G20 leaders holding a virtual meeting this weekend [...] Full text...

thread Economy

COVID-19: World Bank provides $15.2 million in support of response in Uganda

17 july 2020 - 13:18:56
Kampala, Uganda (PANA) - The World Bank has approved $15.2 million to support Uganda’s efforts to prevent, detect and respond [...] Full text...

thread Health

Burkina Faso to release 100 billion CFAF to support companies strongly impacted by Covid-19

16 july 2020 - 19:43:05
Ouagadougou, Burkina Faso (PANA) - The prime minister of Burkina Faso, Christophe Joseph Marie Dabiré, chaired Thursday the signing ceremony [...] Full text...

thread Economy

IFC grants 25 million euros to Côte d'Ivoire during the coronavirus crisis

15 july 2020 - 15:19:40
Paris, France (PANA) - The International Finance Corporation (IFC), a member of the World Bank Group, has announced that it [...] Full text...

thread Economy

African housing financier Shelter Afrique nears complete turnaround

14 july 2020 - 21:31:15
Nairobi, Kenya (PANA)  – African housing development financier, Shelter Afrique, is moving towards full business recovery after reporting a massive [...] Full text...

thread Economy

Germany grants 150 million euros to Tunisia

14 july 2020 - 16:30:27
Tunis, Tunisia (PANA) - Germany has granted a credit of 150 million euros to support the public sector in Tunisia, [...] Full text...

thread Economy

AfDB invests in empowering women and youth in Madagascar ‎

14 july 2020 - 15:01:05
Antananarivo, Madagascar (PANA) - In Madagascar, the African Development Bank (AfDB) is prioritizing the empowerment of women and youth. The AfDB [...] Full text...

thread Agriculture

IFC supports quality healthcare expansion in Ghana

09 july 2020 - 23:39:37
Accra, Ghana (PANA) - IFC, a member of the World Bank Group, has announced a $5.2 million loan to Accra's  [...] Full text...

thread Health

WB gives Niger about 60 billion CFAF for intelligent village project

09 july 2020 - 19:58:26
Niamey, Niger (PANA) - The World Bank’s board of governors Wednesday approved an amount of 100 million US dollars or [...] Full text...

thread Economy

IFC gives Mauritania 35 million dollar for energy supply

06 july 2020 - 22:31:30
Nouakchott, Mauritania (PANA) - International Finance Corporation (IFC), member of the World Bank Group, Monday granted Mauritania a loan of [...] Full text...

thread Economy

Tunisian public debt rises by 4pct in late April

03 july 2020 - 21:30:36
Tunis, Tunisia (PANA) - The Tunisian public debt rose by 4 percent in late April to reach 87 billion Tunisian [...] Full text...

thread Economy

AfDB concludes R2 billion investment in Nedbank SDG-linked bonds

03 july 2020 - 15:03:25
Johannesburg, South Africa (PANA) - The African Development Bank (AfDB) Group has concluded the investment of 2billion Rands (about US$116 [...] Full text...

thread Economy

COVID-19: DRC and IFAD partner for better nutrition, resilience for small-scale farmers facing pandemic

03 july 2020 - 13:00:53
Rome, Italy (PANA) - The International Fund for Agricultural Development (IFAD) on Friday announced support for a new programme in [...] Full text...

thread Agriculture

France releases 30 million Euros for Tunisian companies

01 july 2020 - 22:26:11
Tunis, Tunisia (PANA) - The French government Wednesday released to Tunisian small and medium-size enterprises a financing package of 30 [...] Full text...

thread Economy

COVID-19: Pandemic likely to cause sharp economic contraction in São Tomé and Príncipe

01 july 2020 - 08:17:58
São Tomé, São Tomé and Príncipe (PANA) - The COVID-19 pandemic is expected to cause a sharp real economic contraction [...] Full text...

thread Economy

Gambia’s football body gets FIFA US$1.5 million Covid-19 relief fund

29 june 2020 - 17:15:12
Banjul, Gambia (PANA) - The Gambia Football Federation (GFF) will receive US$ 1.5 million from the World football governing body, [...] Full text...

thread Sports

FIFA unveils US$1.5 billion global Covid-19 football relief plan

27 june 2020 - 16:49:21
Nairobi, Kenya (PANA) - FIFA has approved a Covid-19 relief plan that will make up to $1.5 billion available to [...] Full text...

thread Sports

AU commends Transitional Government of Sudan on addressing multiple challenges

27 june 2020 - 10:13:42
Addis Ababa, Ethiopia (PANA) – The Peace and Security Council (PSC) of the African Union (AU) has commended the Transitional [...] Full text...

thread Politics

Zimbabwe Football Association to receive US$1 million from FIFA Covid-19 relief fund

26 june 2020 - 19:13:33
Harare, Zimbabwe (PANA) - The Zimbabwe Football Association (ZIFA) will next month receive its first tranche of the US$1 million [...] Full text...

thread Sports

Coronavirus: AfDB approves 100.5-million-euro budget support for COVID-19 fight in Gabon

26 june 2020 - 18:43:02
Libreville, Gabon (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a 100.5-million-euro loan to [...] Full text...

thread Health

COCOBOD, partners celebrate first US$200 million loan disbursement to boost cocoa productivity in Ghana

26 june 2020 - 18:20:15
Accra, Ghana (PANA) - The Ghana Cocoa Board (COCOBOD) and lenders have welcomed the first disbursement of US$200 million of [...] Full text...

thread Economy

FIFA allocates rescue fund of over 875 million CFAF to each of member federations

25 june 2020 - 23:49:48
Dakar, Senegal (PANA) - The world football governing body, FIFA, on Thursday released for each of its member federations a [...] Full text...

thread Sports

Coronavirus: FIFA approves US$1.5 billion Coronavirus Relief Fund for World Football

25 june 2020 - 19:24:58
Zurich, Switzerland (PANA) - FIFA announced on Thursday that it will make available US$1.5 billion in grants and loans as [...] Full text...

thread Sports

BOAD approves 228 billion CFAF for new project financing in six countries

25 june 2020 - 15:04:30
Lomé, Togo (PANA) - The West African Development Bank (BOAD) on Wednesday approved a disbursement of 228 billion CFA francs [...] Full text...

thread Economy

Rights groups urge IMF to delay vote on US$5.2 billion loan to Egypt

24 june 2020 - 05:42:19
Washington, DC, US (PANA) – The International Monetary Fund (IMF) should delay a vote on a US$5.2 billion loan to [...] Full text...

thread Economy

Coronavirus: AfDB approves Euro 88 million loan to support pandemic crisis response in Cameroon

23 june 2020 - 17:16:53
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) on Monday approved an 88 [...] Full text...

thread Health

Gambia to strengthen fiscal management for better public service delivery

22 june 2020 - 18:32:52
Banjul, Gambia (PANA) - Mambury Njie, the Gambian Minister of Finance and Economic Affairs, and Mr. Nathan Belete, the World [...] Full text...

thread Economy

Zimbabwe's Health minister released on ZWL50,000 (US$2,000) bail

20 june 2020 - 17:31:47
Harare, Zimbabwe (PANA) – Zimbabwe’s Health minister, Obadiah Moyo, has been released on a ZWL50,000 (US$2,000) bail despite being charged [...] Full text...

thread Health

Rwandan media assess development in easing COVID-19 lockdown measures

20 june 2020 - 15:02:12
Kigali, Rwanda (PANA) - Rwandan newspapers this week gave wide coverage to ongoing efforts to ease COVID-19 lockdown measures  especially [...] Full text...

thread Press Review

IFC invests in Nigeria's Zenith Bank to support SMEs, tackle Covid-19-related challenges

18 june 2020 - 14:04:24
Lagos, Nigeria (PANA) - The International Finance Corporation (IFC) has announced an investment of up to US$100 million in Nigeria’s [...] Full text...

thread Economy

AfDB loans Egypt 225 million euros to support Egypt's electricity infrastructure, bolster Covid-19 pandemic resilience

17 june 2020 - 17:00:51
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) on Wednesday approved a 225 [...] Full text...

thread Economy

Covid-19: International Federations well-placed to stave off bankruptcy - ASOIF

17 june 2020 - 12:25:27
Nairobi, Kenya (PANA) - The Association of Summer Olympic International Federations (ASOIF) says it does not anticipate international federations will [...] Full text...

thread Sports

Coronavirus: Tanzania seeks funds from international financial institutions to mitigate effects

11 june 2020 - 22:12:41
Dar es Salaam, Tanzania (PANA) - The government of Tanzania is currently holding talks with various international financial institutions to [...] Full text...

thread Economy

AfDB, development partners propel Somalia back from the brink

11 june 2020 - 16:56:55
Mogadishu, Somalia (PANA) - In early 2020, Somalia, with support from the United Kingdom Government and the European Union (EU), [...] Full text...

thread Economy

FDA grants 40 million euros to Togo for water and sanitation sector

10 june 2020 - 15:26:52
Lomé, Togo (PANA) - The French Development Agency (FDA) on Monday granted a concessional loan of 40 million euros to [...] Full text...

thread Economy

Coronavirus: AfDB mobilizes 75 million euros to help Côte d'Ivoire deal with the pandemic

09 june 2020 - 17:55:02
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) on Monday in Abidjan approved [...] Full text...

thread Health

From farm to fork: Women championing agricultural transformation in Africa (An AfDB Feaure)

09 june 2020 - 16:29:37
Abidjan, Cote d'Ivoire (PANA) - From Sudan to Mali, Senegal to Mozambique, and Zambia to Mauritania, women are changing the [...] Full text...

thread Agriculture

'Salvation Front 14 January' calls for dissolution of Tunisian Parliament

09 june 2020 - 13:43:10
Tunis, Tunisia (PANA) - Tunisia's political committee of  'Salvation Front 14 January' on Monday called for the dissolution of the [...] Full text...

thread Politics

Libya's oil revenues reached $2 billion in the first five months of 2020

08 june 2020 - 16:35:01
Tripoli, Libya (PANA) - Libya's total and sovereign oil revenues in the first five months of 2020 amounted to 2.78 [...] Full text...

thread Economy

Coronavirus: EBRD supports local businesses in Egypt

08 june 2020 - 09:34:03
Cairo, Egypt (PANA) - The European Bank for Reconstruction and Development (EBRD) is providing loans for up to US$100 million [...] Full text...

thread Economy

Tunisia gets US$ 98 million loan from Arab Monetary Fund

07 june 2020 - 10:47:50
Tunis, Tunisia (PANA) - The Arab Monetary Fund (AMF) has granted a US$ 98 million structural adjustment loan to Tunisia [...] Full text...

thread Economy

Coronavirus: Broke international sports federations snap up Swiss loan offer

07 june 2020 - 10:43:13
Nairobi, Kenya (PANA) - Around two-thirds of Switzerland-based  international sports federations have taken advantage of the government loans being offered [...] Full text...

thread Sports

Tunisia: Tourism professionals demonstrate in front of the seat of government

04 june 2020 - 18:29:28
Tunis, Tunisia (PANA) - Tourism professionals organized a sit-in on Thursday in front of the Tunisian government palace in Kasbah, [...] Full text...

thread Society

IFAD-backed projects boost agricultural productivity, incomes in Madagascar: Report

04 june 2020 - 12:05:11
Antananarivo, Madagascar (PANA) - Rural development projects financed and supported by the International Fund for Agricultural Development (IFAD) have helped [...] Full text...

thread Agriculture

Germany releases 100 million Euros in loan to Tunisia

03 june 2020 - 23:35:13
Tunis, Tunisia (PANA) - The German Development Bank Wednesday released to the Tunisian government a loan of about 100 million [...] Full text...

thread Economy

Coronavirus: AfDB approves 180 million-Euro loan for Tunisia

03 june 2020 - 22:54:45
Tunis, Tunisia (PANA)  - The board of directors of the African Development Bank (AfDB) Wednesday approved a loan of 180 [...] Full text...

thread Economy

AfDB delivers on a decade of transformative commitments to reduce poverty (A feature)

02 june 2020 - 19:59:25
Abidjan, Cote d'Ivoire (PANA) - For the past five decades, the African Development Bank (AfDB) Group has been at the [...] Full text...

thread Economy

Stakeholders in Gambia’s tourism urge government to support industry’s operators

01 june 2020 - 15:38:46
Banjul, Gambia (PANA) - Stakeholders in Gambia’s tourism industry have called on government to support the industry’s operators and help [...] Full text...

thread Economy

Egypt considers gradual resumption of international flights

31 may 2020 - 17:56:00
Cairo, Egypt (PANA) - Egypt is considering a ‘gradual resumption’ of international flights in the second half of June or [...] Full text...

thread Economy

Nigeria: Buhari gets seven-day ultimatum to give details of all foreign loans obtained and locations of projects executed

31 may 2020 - 17:21:06
Abuja, Nigeria (PANA) – A major anti-corruption group, the Socio-Economic Rights and Accountability Project (SERAP), has handed President Muhammadu Buhari [...] Full text...

thread Economy

Coronavirus: AfDB boosts Senegal's pandemic economic, social resilience programme

30 may 2020 - 14:47:48
Nairobi, Kenya (PANA)-The Board of Directors of the African Development Bank (AfDB) on Friday approved a loan of 88 million [...] Full text...

thread Society

Nigeria: Buhari, opposition PDP bicker over fresh request for US$5.513b loan from IMF, other bodies

28 may 2020 - 19:58:44
Abuja, Nigeria (PANA) – President Muhammadu Buhari has asked the National Assembly to approve his request to seek a fresh [...] Full text...

thread Economy

Coronavirus: AfDB approves 30-million-euro loan to fight COVID-19 in Cabo Verde

28 may 2020 - 19:08:01
Abidjan, Cote d;Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has extended a loan of [...] Full text...

thread Health

Humanitarian agency says new swarms of locusts threaten to increase hunger in East Africa

27 may 2020 - 10:43:11
Nairobi, Kenya (PANA) - Humanitarian agency Oxfam warned on Wednesday that millions of people in East and Central Africa, already [...] Full text...

thread Agriculture

AfDB provides over 180-million-euro Loan to Mauritian response to COVID-19 pandemic

22 may 2020 - 17:45:49
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) approved, on May 22 in [...] Full text...

thread Health

Coronavirus: 188m-euro AfDB loan to boost Kenya's COVID-19 response

22 may 2020 - 17:23:40
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) on Friday approved an 188-million-euro [...] Full text...

thread Health

African Development Fund gives Madagascar 4m euros for the Sahofika hydropower project

22 may 2020 - 17:11:38
Antananarivo, Madagascar (PANA) - The African Development Fund (ADF) has approved a 4.02-million-euro loan, with a grant component, to finance [...] Full text...

thread Economy

Coronavirus: Tanzania colleges, sports activities to resume on 1 June

21 may 2020 - 13:27:14
Dar es Salaam, Tanzania (PANA) - Higher institutions of learning and other colleges in Tanzania  will reopen on 1 June, [...] Full text...

thread Health

Senegalese intl' striker, Souleymane Camara, retires after 13-year spell at Montpellier

19 may 2020 - 18:51:54
Paris, France (PANA) - After over a decade at Stade de la Mosson, the ex-Senegal international, Souleymane Camara, has decided [...] Full text...

thread Sports

COVID-19: African Guarantee Fund Launches Coronavirus response mechanism

19 may 2020 - 15:39:19
Dakar, Senegal (PANA) - The African Guarantee Fund (AGF), the leading guarantee institution on the continent, on Monday announced the [...] Full text...

thread Economy

World Bank Board approves $30m development policy grant to support Gambia

15 may 2020 - 17:08:24
Banjul, Gambia (PANA) - The World Bank Board of Executive Directors on Friday approved a US$30 million development policy grant [...] Full text...

thread Economy

Coronavirus: Swiss Gov't, IOC bail out cash-strapped global sports federations

14 may 2020 - 12:06:17
Nairobi, Kenya (PANA) - International federations based in Switzerland will be able to access repayable loans part-covered by the International [...] Full text...

thread Sports

Coronavirus: Tanzania’s central bank announces measures to offset impact on economy

13 may 2020 - 12:55:38
Dar es Salaam, Tanzania (PANA) – The Bank of Tanzania (BoT) has announced several monetary policy measures to offset the [...] Full text...

thread Economy

Canadian Oil Company takes over AAOG Congo

12 may 2020 - 16:53:39
Brazzaville, Congo (PANA) - Canadian oil company, Zénith Energy, has announced the 100% acquisition of the Congolese subsidiary of Anglo [...] Full text...

thread Economy

COVID-19: More relief initiatives for businesses in Botswana

12 may 2020 - 13:57:11
Gaborone, Botswana (PANA) – As part of efforts to cushion both formal and informal businesses, authorities in Botswana have embarked [...] Full text...

thread Economy

Gambian activist says “elites capture state power”

06 may 2020 - 17:22:19
Banjul, Gambia (PANA) - Madi Jobarteh, one of Gambia’s leading activists, on Wednesday expressed disquiet over the governance situation and [...] Full text...

thread Politics

Coronavirus: Mauritius to prevent layoffs, mass unemployment

06 may 2020 - 08:28:35
Port-Louis, Mauritius (PANA) – The Mauritian Finance, Economic Planning and Development Minister, Renganaden Padayachy, on Tuesday evening, told Parliament that the [...] Full text...

thread Economy

Coronavirus: Botswana confident to win pandemic fight

01 may 2020 - 18:00:54
Gaborone, Botswana (PANA) - Botswana is confident the country will triumph over the COVID-19 pandemic, President Mokgweetsi Masisi said on Friday [...] Full text...

thread Society

Zimbabwe's Finance minister reveals economy near collapse with 20 percent contraction expected (A PANA News Analysis)

01 may 2020 - 06:01:54
Harare, Zimbabwe (PANA) - Zimbabwe’s economy is expected to contract by a whopping 20 percent this year as it barrels [...] Full text...

thread Economy

Coronavirus: About 2 million people in Burkina to receive government help

29 april 2020 - 21:58:58
Ouagadougou, Burkina Faso (PANA) - Some two million people are to receive help from the Burkinabè government to help fight [...] Full text...

thread Society

Coronavirus: COVID-19 to wreak havoc on Zimbabwe banks' loan and asset abilities

26 april 2020 - 14:01:00
Harare, Zimbabwe (PANA) - Local economic and development consulting firm, Holistic, Empirical and Applied Research Solutions (HEARS), says banks are [...] Full text...

thread Economy

Coronavirus: IMF approves US$309 million emergency assistance for Mozambique to address pandemic

25 april 2020 - 10:07:58
Maputo, Mozambique (PANA) – Concerned that the COVID-19 pandemic will have a significant impact on Mozambique’s economy, the International Monetary [...] Full text...

thread Economy

Exiled ex-minister alleges corruption in Reserve Bank of Zimbabwe loans to resettled farm owners

24 april 2020 - 14:39:55
Harare, Zimbabwe (PANA) - Zimbabwe's exiled former Higher Education deputy minister Godfrey Gandawa alleges that political elites were key beneficiaries of [...] Full text...

thread Agriculture

The EU’s global response to coronavirus: "supporting our partner countries – The Gambia included" - Ambassador Lajos

23 april 2020 - 23:18:26
Banjul, Gambia (PANA) - European Union Ambassador to The Gambia Attila Lajos Thursday called for global cooperation to fight the [...] Full text...

thread

Coronavirus: President Barrow says two-thirds of Gambian workers face difficult situations due to COVID 19

23 april 2020 - 18:25:04
Banjul, Gambia (PANA) - President Adama Barrow has lamented that two-thirds of workers in Gambia's informal sector (80% of the [...] Full text...

thread Health

Coronavirus: IMF supports Comoros to address pandemic

23 april 2020 - 10:35:41
Washington, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a US$12 million emergency assistance [...] Full text...

thread Economy

Coronavirus: IMF approves a US$12 million for São Tomé and Príncipe to address pandemic

22 april 2020 - 11:17:57
Washington, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a US$12.29 million disbursement for [...] Full text...

thread Health

COVID-19: Mauritius govt extends financial assistance to private sector, self-employed

18 april 2020 - 09:31:25
Port-Louis, Mauritius (PANA)  - The Mauritian finance minister, Renganaden Padayachy, Friday announced that an amount of Rs4 billion (US$104 million) [...] Full text...

thread Economy

Coronavirus: Bill & Melinda Gates Foundation expands commitment to global response

17 april 2020 - 09:09:38
Seattle, US (PANA) - The Bill & Melinda Gates Foundation on Thursday announced an expansion of its funding for the global [...] Full text...

thread Health

Tunisian political party warns against dangers linked to country’s debt

13 april 2020 - 23:10:13
Tunis, Tunisia (PANA)  -  The Tunisian Labour Party has strongly criticized the continuation of the country’s debt policy, describing it [...] Full text...

thread Economy

NGOs denounce France’s anti-corona plan for Africa

11 april 2020 - 00:02:34
Paris, France (PANA) - Several associations and health non-governmental organizations (NGOs) Friday denounced the weak French anti-coronavirus (COVID-19) plan in [...] Full text...

thread Health

Coronavirus: Confederation of Zimbabwe Industries proposes measures to support companies during and post national lockdown (Analysis)

10 april 2020 - 16:56:44
Harare, Zimbabwe (PANA) - The Confederation of Zimbabwe Industries (CZI) has called for the fixed exchange rate of US$1:ZWL (Zimbabwe [...] Full text...

thread Economy

Coronavirus: Ghana announces social intervention measures to ease virus burden

06 april 2020 - 06:28:53
Accra, Ghana (PANA) - Ghana's President Nana Addo Dankwa Akufo-Addo on Sunday announced several social intervention measures to ease the [...] Full text...

thread Society

AU pursues debt forgiveness to address coronavirus impact

04 april 2020 - 20:10:58
Nairobi, Kenya (PANA) - African Union's top organ, the Bureau of Heads of State, has called for a global debt [...] Full text...

thread Economy

Coronavirus: Tunisia on track in fight against virus, says Tunisian PM

03 april 2020 - 10:16:34
Tunis, Tunisia (PANA) - Tunisia is on the right track in the fight against the COVID-19 (coronavirus) given the current [...] Full text...

thread Health

Coronavrus: IMF approves US$109.4 million for Rwanda to address pandemic

03 april 2020 - 09:31:55
Kigali, Rwanda (PANA) – Rwanda has secured US$109.4 million from the International Monetary Fund (IMF) to address the COVID-19 (coronavirus) [...] Full text...

thread Economy

Coronavirus: World Bank supports Gambia’s COVID-19 response

02 april 2020 - 19:26:00
Banjul, Gambia (PANA) - The World Bank Board on Thursday approved a US$10 million grant from the International Development Association [...] Full text...

thread Health

World Bank approves $500 million education loan to Tanzania

01 april 2020 - 16:08:33
Dar es Salaam, Tanzania (PANA) –  The World Bank has ultimately endorsed the $500 million education loan to Tanzania, which [...] Full text...

thread Society

Coronavirus-19: Mauritius extends sanitary curfew as death toll rises by two

01 april 2020 - 05:54:22
Port-Louis, Mauritius (PANA) – Mauritian Prime Minister, Mr Pravind Jugnauth, has announced that the sanitary curfew which was introduced on [...] Full text...

thread Health

Coronavirus: Botswana declares state of emergency

31 march 2020 - 09:14:47
Gaborone, Botswana (PANA) - Botswana has declared a state of public emergency, after the country recorded three COVID-19 (coronavirus) cases [...] Full text...

thread Health

Coronavirus: Niger Government announces measures to support economic operators

30 march 2020 - 15:43:44
Niamey, Niger (PANA) - Niger's economic growth rate is likely to slow down from 6.9% to 4.1% due to the [...] Full text...

thread Economy

Coronavirus: BOAD grants 120 billion CFAF loan to WAEMU member countries

27 march 2020 - 21:47:04
Lomé, Togo (PANA) - The West African Development Bank (BOAD) has granted a concessional loan of 120 billion CFA francs [...] Full text...

thread Health

Seychelles bolsters marine economy conservation with foreign debt fundraising

27 march 2020 - 01:18:37
Victoria, Seychelles (PANA) – Nearly a third of Seychelles’ ocean will be shielded from climate change and unregulated economic exploitation [...] Full text...

thread Environment

Tunisia's net assets in foreign currencies exceed 20 billion dinars

26 march 2020 - 16:03:01
Tunis Tunisia (PANA) - For the first time in month, Tunisia's net assets in foreign currencies exceeded 20 billion Tunisian [...] Full text...

thread Economy

Kenya reduces taxes to ease coronavirus impact

25 march 2020 - 20:40:48
Nairobi, Kenya (PANA) - President Uhuru Kenyatta announced drastic measures in the state clampdown to restore public health order in [...] Full text...

thread Economy

Somalia cleared for foreign bank loans after debt relief

25 march 2020 - 00:47:22
Abidjan, Cote d’Ivoire (PANA) - Somalia has cleared its debts to the African Development Bank (AfDB) Group and would be [...] Full text...

thread Economy

Coronavirus: Botswana’s minority opposition politician hails efforts to contain COVID-19

24 march 2020 - 17:52:36
Gaborone, Botswana (PANA) - Opposition politician in Botswana has thrown her  weight behind government efforts to fight the corona virus [...] Full text...

thread Health

Coronavirus: IMF grants Tunisia US$ 400 million

23 march 2020 - 23:40:36
Tunis, Tunisia (PANA) – The International Monetary Fund (IMF) has granted Tunisia a loan of about US$ 400 million to [...] Full text...

thread Health

Mauritius govt introduces Wage Assistance Scheme for employees

23 march 2020 - 13:16:52
Port Louis, Mauritius (PANA) - Mauritian Finance, Economic Planning and Development minister Renganaden Padayachy on Monday announced the introduction of [...] Full text...

thread Economy

Coronavirus: Tunisia begins general confinement of citizens

22 march 2020 - 18:45:33
Tunis Tunisia (PANA) - Tunisia on Sunday began the general confinement announced by President Kais Saied at the end of [...] Full text...

thread Health

Coronavirus: Round table for the financing of infrastructure projects in Central Africa postponed

20 march 2020 - 00:19:07
Brazzaville, Congo (PANA) - The round table for the financing of infrastructure projects in Central Africa, scheduled for March 19 [...] Full text...

thread Health

Coronavirus: Buhari urges Nigerians to take precaution, avoid panic

19 march 2020 - 23:39:13
Abuja, Nigeria (PANA) – Nigeria’s President, Muhammadu Buhari, on Thursday urged Nigerians to take all precautions and not to panic [...] Full text...

thread Health

Covid-19: National Bank of Rwanda offerws liquidity support to commercial banks

19 march 2020 - 15:34:45
Kigali, Rwanda (PANA) -  The National Bank of Rwanda on Thursday urged commercial banks to restructure outstanding loans of borrowers [...] Full text...

thread Health

Kenyan banks agree financial incentives to lessen impact of coronavirus

18 march 2020 - 17:54:46
Nairobi, Kenya (PANA) - The Central Bank of Kenya (CBK) has agreed to a set of new measures with the [...] Full text...

thread Economy

Nigeria: Nigeria's apex bank cuts interest rates on its intervention facilities

16 march 2020 - 19:54:02
Abuja, Nigeria (PANA) – In reaction to the negative effects of the pandemic, Coronavirus, the Central Bank of Nigeria (CBN) [...] Full text...

thread Economy

Libya's Central Bank calls for currency tax adjustment

14 march 2020 - 14:42:33
Tripoli, Libya (PANA) - The Central Bank of Libya's (BCL) cannot continue paying US$ 500 to heads of household, loans [...] Full text...

thread Economy

Central African States urged to communicate on benefits of new financial market

09 march 2020 - 15:36:02
Brazzaville, Congo (PANA) - In a bid to encourage financial actors to play an increased role in the newly unified [...] Full text...

thread Economy

Tunisian government to continue IMF programme, says PM

09 march 2020 - 05:31:59
Tunis, Tunisia (PANA) – The Tunisian government says it will complete the current programme with the International Monetary Fund (IMF) [...] Full text...

thread Economy

Zimbabwe businesses are under increased threat of collapse- Analysis

08 march 2020 - 12:26:31
Harare, Zimbabwe (PANA) - Businesses are under increased threat of collapse due to the continued depreciation of the Zimbabwe dollar [...] Full text...

thread Economy

IMF mission says Tanzania’s economic activity impressive

06 march 2020 - 19:18:16
Dar es Salaam, Tanzania (PANA) – Tanzania’s pace of economic activity has increased in recent months prompted by higher public [...] Full text...

thread Economy

Somalia clears arrears to World Bank Group with Norway’s support

05 march 2020 - 19:34:14
  Washington, US (PANA) –The Federal Government of Somalia on Thursday cleared its arrears to the International Development Association (IDA), completing [...] Full text...

thread Economy

World Bank announces US$12 billion immediate support in COVID-19 response

04 march 2020 - 07:37:59
Washington, US (PANA) - As COVID-19 reaches more than 60 countries, the World Bank Group is making available an initial [...] Full text...

thread Health

Burkina Faso launches 80 billion CFAF bond loan

28 february 2020 - 14:58:46
Ouagadougou, Burkina Faso (PANA) - The Burkinabè ministry of Economy and Finance has launched a bond loan to finance projects [...] Full text...

thread Economy

Kenya government pumps US$49 million into ailing Kenya Airways

28 february 2020 - 14:17:24
Nairobi, Kenya (PANA)- Kenyan  government has pumped an additional US$49.3 million commercial loan into Kenya Airways as the airline struggles [...] Full text...

thread Economy

BADEA to increase support to Guinea

28 february 2020 - 11:59:27
Conakry, Guinea (PANA) - The cooperation between Guinea and the Arab Bank for Economic Development in Africa (BADEA) "is excellent",  [...] Full text...

thread Economy

Gambian economy estimated to have grown by 6.5 percent in 2018 - GCB Governor

27 february 2020 - 20:59:25
Banjul, Gambia (PANA)   -   The governor of the Central Bank of The Gambia, Bakary Jammeh, disclosed here Thursday the country’s [...] Full text...

thread Economy

Somalia, AfDB agree repayment plan for loan arrears

26 february 2020 - 21:18:33
Abidjan, Cote d’Ivoire (PANA) - The African Development Bank (AfDB) group has approved a deal for the clearance of debt [...] Full text...

thread Economy

EIB provides 10 million Euros credit for small farmers in Mali

26 february 2020 - 12:44:21
Brussels, Belgium (PANA) - The European Investment Bank (EIB) has provided a loan of ten million euros to Kafo Jiginew, [...] Full text...

thread Economy

German Development Bank gives Tunisia 27.5 million euros

26 february 2020 - 09:33:56
Tunis, Tunisia (PANA) - The Tunisian government and the German Development Bank on Tuesday signed a financing agreement to implement [...] Full text...

thread Agriculture

Gabonese bonds listed at BVMAC in Douala

25 february 2020 - 18:01:13
Libreville, Gabon (PANA) - Gabon's Minister of Economy, Jean-Marie Ogandaga, said on Tuesday in Libreville that Gabon has achieved a [...] Full text...

thread Economy

European Investment Bank holds Africa investment conference in Dakar

25 february 2020 - 11:45:13
Brussels, Belgium (PANA) - The European Investment Bank (EIB) and the UN's specialised human settlement agency, UN-Habitat, will host the [...] Full text...

thread Politics

India moves to increase bilateral trade with Kenya

22 february 2020 - 13:17:13
Nairobi, Kenya (PANA) – India plans to build a stronger bilateral partnership with Kenya through the promotion of trade and [...] Full text...

thread Economy

Guinean mining company director rewarded by World Bank

21 february 2020 - 20:52:19
Conakry, Guinea (PANA) - Guinean Aïssatou Béavogui, managing director of Guinea Alumina Corporation (GAC) S.A, has been declared winner of [...] Full text...

thread Gender

Economic activity in Burkina Faso records 6.0 pct growth for 2019

19 february 2020 - 22:54:12
Ouagadougou, Burkina Faso (PANA) - Economic activities recorded a 6.0 percent growth for the year 2019, the government said at [...] Full text...

thread Economy

Gambian govt. approves US$80m loan to support households

19 february 2020 - 19:48:01
Banjul, Gambia (PANA) - The government of The Gambia has approved US$ 80 million loan agreement that targets over 40,000 [...] Full text...

thread Economy

Mauritius public sector debt up by Rs 6 billion in five months

19 february 2020 - 13:58:54
Port Louis, Mauritius (PANA) – The Mauritian Ministry of Finance, Economic Planning and Development on Wednesday announced that between end [...] Full text...

thread Economy