Cape Verde is following investigations into source of wealth of businesswoman Isabel dos Santos

22 january 2020 - 19:07:38
Praia, Cape Verde (PANA) - "We are following the ongoing investigations into the origin of wealth of Angolan businesswoman, Isabel [...] Full text...

thread Politics

BGFI Holding to pay 1.7 billion CFA francs in interest to bond holders

21 january 2020 - 12:44:55
Libreville, Gabon (PANA) - The head office of the Gabonese and French International Bank (BGFI) announced on Tuesday in Libreville [...] Full text...

thread Economy

France gives Gabon 101 billion FCFA for construction of schools

20 january 2020 - 10:34:58
Libreville, Gabon (PANA) - Gabon has obtained a 101 billion CFA francs loan from the French Development Agency (AFD) for [...] Full text...

thread Society

Nigeria's inflation rises by 0.13 points to 11.98 per cent in December 2019

17 january 2020 - 13:07:33
Abuja, Nigeria (PANA) – Nigeria’s National Bureau of Statistics (NBS) on Friday said that the country’s Consumer Price Index (CPI), [...] Full text...

thread Economy

Congo sees marked improvement in access to bank loans

17 january 2020 - 10:20:15
Brazzaville, Congo (PANA) - Congolese banks are increasingly participating in funding the economy through the ease of access to business loans, [...] Full text...

thread Economy

World Bank grants US$275 million to Morocco to deal with natural disasters

17 january 2020 - 09:55:43
Rabat, Morocco (PANA) - The World Bank has granted Morocco a US$275 million loan for the risks related to natural [...] Full text...

thread Economy

Tunisian Parliament approves US$100 million loan for two dams

17 january 2020 - 05:27:21
Tunis, Tunisia (PANA) - The Tunisian Parliament on Thursday approved a US$100 million loan agreement by the Arab Fund for [...] Full text...

thread Economy

Egypt tops EBRD investments in southern and eastern Mediterranean in 2019

16 january 2020 - 12:48:04
Cairo, Egypt (PANA) - For the second year in a row, Egypt has topped the European Bank for Reconstruction and [...] Full text...

thread Economy

AfDB Fund Board approves US$37.2 million for non-sovereign operations in Kenya, Sudan and Senegal

15 january 2020 - 17:38:56
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Fund (ADF), the concessional window of the [...] Full text...

thread Economy

Abidjan stock exchange presents positive balance sheet for 2019

15 january 2020 - 15:27:48
Abidjan, Cote d'Ivoire (PANA) - The regional stock exchange of Abidjan presented on Tuesday the balance sheet for financial year [...] Full text...

thread Economy

China's Belt and Road Initiative leaving developing countries with a mountain of debt-Human Rights Watch

14 january 2020 - 18:17:18
New York, USA (PANA) – Human Rights Watch (HRW) has raised several red flags about China’s Belt and Road Initiative [...] Full text...

thread Economy

Togo to early redeem its 2018 bond issue

09 january 2020 - 21:06:27
Lomé, Togo (PANA)   -  Togo has decided to reimburse early on 26 January the balance and interest due on its [...] Full text...

thread Economy

EBRD boosts small firms in Tunisia

08 january 2020 - 22:28:24
Dar es Salaam, Tanzania (PANA) – The European Bank for Reconstruction and Development (EBRD) helped to increase the availability of [...] Full text...

thread Economy

Survey shows Rwanda's largest business activity in formal sector is manufacturing

08 january 2020 - 15:57:56
Kigali, Rwanda (PANA) -  Rwanda's leading  business activity in the formal sector is manufacturing, employing around 15.9% of all workers, [...] Full text...

thread Economy

Mauritanian parliament approves US$87m loan for construction of fishing harbour

07 january 2020 - 00:10:59
Nouakchott, Mauritania (PANA)   -  The Mauritanian members of parliament at a plenary session here Monday approved a loan agreement of [...] Full text...

thread Economy

AfDB gives 97 billion CFAF for Gabon’s road sector

02 january 2020 - 19:53:28
Libreville, Gabon (PANA)  - The African Development Bank (AfDB) will grant Gabon a 97 billion-CFAF loan to build its road [...] Full text...

thread Politics

Nigeria's debt stock to GDP reduced from 19.09 per cent in 2018 to 19.99 per cent in 2019

21 december 2019 - 19:59:11
Abuja, Nigeria (PANA) – Nigeria’s Debt Management Office (DMO) says the nation’s debt stock to Gross Domestic Product (GDP) was [...] Full text...

thread Economy

French West African countries to benefit from new financial assistance

20 december 2019 - 12:25:16
Lomé, Togo (PANA) - The Board of Directors of the West African Development Bank (WAfDB) has approved 65.2 billion FCFA [...] Full text...

thread Economy

IMF may not release last tranche of loan to Tunisia, Senior IMF official says

20 december 2019 - 11:09:05
Tunis, Tunisia (PANA) - The International Monetary Fund (IMF) may not disburse about US$1.2 billion to Tunisia, representing the final [...] Full text...

thread Economy

AfDB grants US$220 million loan to Morocco to 'improve territorial competitiveness'

20 december 2019 - 09:19:54
Abidjan Côte d'Ivoire (PANA) - The African Development Bank (AfDB) has approved a US$220 million loan to Morocco to fund [...] Full text...

thread Economy

AfDB approves US$272 million to build fifth international airport for Tanzanian capital

19 december 2019 - 23:50:51
Dar es Salaam, Tanzania (PANA)  - The board of directors of the African Development Bank (AfDB) has approved the release [...] Full text...

thread Economy

AfDB loan boosts commercial agro-processing firm in Sudan

19 december 2019 - 18:59:54
Khartoum, Sudan (PANA) – The African Development Bank has embarked upon its agricultural sector lending with a US$60 million loan [...] Full text...

thread Economy

Congolese Parliament approves loan agreement with AfDB

19 december 2019 - 10:11:09
Brazzaville, Congo (PANA) - The Congolese parliament (Senate and the National Assembly) on Wednesday approved a loan agreement of 187 million [...] Full text...

thread Economy

Mali, WB Group initial pact for $250 million in loan and grant

18 december 2019 - 18:31:00
Bamako, Mali (PANA) - The World Bank will extend to Mali US$ 250 million in general budgetary support for two [...] Full text...

thread Economy

Rights groups accuse Equatorial Guinea over Jammeh suit

18 december 2019 - 08:15:31
Banjul, Gambia (PANA) – A group of human rights groups on  Tuesday accused Equatorial Guinea of refusing to serve exiled [...] Full text...

thread Politics

Canadian company lands $300 million loan to develop gold mine in Mauritania

18 december 2019 - 08:00:43
Nouakchott, Mauritania (PANA) - A Canadian mining company, Kincross, says it has reached an agreement for a loan of US$300 [...] Full text...

thread Economy

FDA sets up 15 million euros fund for innovative digital companies in Africa

17 december 2019 - 14:14:13
Paris, France (PANA) - The French Development Agency (FDA) has launched a 15 million euros fund to support young and  [...] Full text...

thread Sciences

Humanitarian charity says debt, danger facing refugees in Uganda

17 december 2019 - 12:49:21
Kampala, Uganda (PANA) - A humanitarian charity is painting a desperate picture of refugees in Uganda saying they are adopting [...] Full text...

thread Society

COMESA-owned insurer opens Zambian business park

16 december 2019 - 13:39:35
Lusaka, Zambia (PANA) - ZEP-RE, a financial company promoting trade, development and regional integration in Eastern and Southern Africa, has [...] Full text...

thread Economy

’ Land is a tool for empowerment in Africa’ - ECA chief Vera Songwe

15 december 2019 - 12:01:42
Addis Ababa, Ethiopia (PANA) - Land is an asset for empowerment in Africa, according to Vera Songwe, Executive Secretary of [...] Full text...

thread Economy

Congo and AfDB sign €187 million credit agreement

15 december 2019 - 11:22:06
Brazzaville, Congo (PANA) - The Congolese government and the African Development Bank (AfDB) on Sunday signed in Brazzaville a  €187 [...] Full text...

thread Economy

BEAC scales down Congo's GDP growth rate

13 december 2019 - 17:43:22
Brazzaville, Congo (PANA) - The Bank of Central African States (BEAC) on Friday downgraded the growth of Congo's gross domestic [...] Full text...

thread Economy

Nigeria: US, Nigeria partner to mitigate impact of HIV/AIDS on over 300,000 orphans and vulnerable children

12 december 2019 - 20:32:37
Abuja, Nigeria (PANA)  -  The United States embassy in Abuja Thursday said the U.S. Agency for International Development (USAID) had [...] Full text...

thread Society

Mauritania: PROPARCO, ATTIJARI Bank sign € 5.5 million agreement for SME financing

11 december 2019 - 18:09:41
Nouakchott, Mauritania (PANA) - The French Development Agency (FDA) Group in Mauritania, through its subsidiary PROPARCO, and ATTIJARI Bank Mauritania [...] Full text...

thread Economy

Nigeria: Nigerian govt to secure $500 million AfDB loan to fund technological innovation

09 december 2019 - 20:12:52
Abuja, Nigeria (PANA)  -  The Nigerian Federal Government says it has initiated moves to secure a $500 million African Development [...] Full text...

thread Economy

Libya's banking sector has 'large amounts of cash'

07 december 2019 - 14:29:51
Tripoli, Libya (PANA) - The Libyan banking sector has large amounts of cash, as the ratio of cash and balances [...] Full text...

thread Economy

Rwanda inaugurates largest hydropower plant with cross-border transmission project

06 december 2019 - 20:40:46
Kigali, Rwanda (PANA)  - Rwandan Minister of Infrastructure, Claver Gatete, on Friday inaugurated a new largest hydropower plant at Shango, [...] Full text...

thread Economy

AfDB approves 48.82 million euros for Desert to Power programme in Burkina Faso

05 december 2019 - 16:34:55
Ouagadougou, Burkina Faso (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a 48.82-million-euro loan [...] Full text...

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Congolese MPs approve French budget support

04 december 2019 - 17:39:53
Brazzaville, Congo (PANA) - Congolese MPs on Wednesday aproved the draft law authorizing the ratification of the framework agreement signed [...] Full text...

thread Economy

Morocco and IFAD invest in smallholder farmers’ climate change resilience

04 december 2019 - 14:37:45
Rome, Italy (PANA) – A new €82.6 million agricultural development project financed by the International Fund for Agricultural Development (IFAD) [...] Full text...

thread Agriculture

'Made in Mali' Fair opens in Bamako

29 november 2019 - 13:35:09
Bamako, Mali (PANA) - A 'Made in Mali' trade fair opened Thursday at the Bamako Exhibition Center in the presence [...] Full text...

thread Economy

Nigeria: Buhari seeks Senate approval for foreign loan

28 november 2019 - 17:12:56
Abuja, Nigeria (PANA) – Nigeria’s President, Muhammadu Buhari, on Thursday forwarded a request to the Senate to reconsider and approve [...] Full text...

thread Economy

Residents of Zimbabwe's capital to pay higher service tariffs next year

27 november 2019 - 15:56:33
Harare, Zimbabwe (PANA) - Residents of Zimbabwe's capital, Harare, will face significantly higher service tariffs next year as the City [...] Full text...

thread Society

AfDB board approves US$400 million support for Mozambique's natural gas player

26 november 2019 - 18:55:38
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has approved a long-term Senior Loan of US$400 million to [...] Full text...

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Nigeria spent $1.66bn to service external debt in one year - Report

22 november 2019 - 08:01:14
Abuja, Nigeria (PANA) – Nigeria spent a total of $1.66bn in one year, from July 2018 to June 2019, to [...] Full text...

thread Economy

Rights groups urge IMF to delay vote on Equatorial Guinea loan

22 november 2019 - 06:50:48
Washington, DC, US (PANA) – Human rights groups, good governance organisations and experts are urging the International Monetary Fund (IMF)’s [...] Full text...

thread Economy

Tunisia, Germany sign eight loan, donation deals for over 63 M€

21 november 2019 - 22:08:20
Tunis, Tunisia (PANA)  -  Tunisia and Germany Thursday signed eight financing agreements here aiming to establish new cooperation programmes in [...] Full text...

thread Economy

Botswana could host African Guarantee Fund’s regional hub

21 november 2019 - 21:01:39
Gaborone, Botswana (PANA) - Following a Board Meeting held in Gaborone on Thursday, 21 Nov., 2019, African Guarantee Fund for [...] Full text...

thread Economy

Kenya: Legislators slam plans to criminalize unemployed higher education loans defaulters

21 november 2019 - 18:52:29
Nairobi, Kenya (PANA) - Youthful Kenyan members of parliament have castigated the government for demanding that unemployed HigherEducation Loans Board [...] Full text...

thread Society

Total assets of Rwanda's banking sector estimated at US$3.5 billion

21 november 2019 - 09:23:45
Kigali, Rwanda (PANA) - The total assets of banking institutions in Rwanda reached 3.283 billion Rwandan Francs (about US$3.5 billion) [...] Full text...

thread Economy

Nigerian govt. repeals Geneva Convention, re-enacts it to accord greater access to justice by prisoners of war

20 november 2019 - 19:33:23
Abuja, Nigeria (PANA) – Nigeria’s Federal Executive Council (FEC) on Wednesday approved the repeal of the Geneva Convention only to [...] Full text...

thread Society

IFAD, Ethiopia seal climate change shocks mitigating deal

19 november 2019 - 17:03:56
Rome, Italy (PANA) - Ethiopia and the International Fund for Agriculture have sealed a deal that help most vulnerable people [...] Full text...

thread Agriculture

EIB grants 139 million euros to Malawi

19 november 2019 - 16:58:06
Brussels, Belgium (PANA) - The European Investment Bank (EIB) has granted Malawi, a landlocked country in southern Africa, 139 million [...] Full text...

thread Economy

IFAD, Ethiopia sign deal to help families adapt to climate shocks

19 november 2019 - 15:54:59
Rome, Italy (PANA) - Half a million of Ethiopia’s most vulnerable families are set to benefit from a new US$451 [...] Full text...

thread Agriculture

AfDB provides 40 billion CFAF loan for rural electrification in Benin

17 november 2019 - 14:50:40
Cotonou, Benin (PANA) - The African Development Bank (AfDB) Group is committed to providing a loan of CFAF 40,518,463,890 to [...] Full text...

thread Economy

AfDB supports Cotonou sanitation project

16 november 2019 - 19:04:32
Cotonou, Benin (PANA) - The African Development Bank (AfDB) is to give Benin some 40 billion CFA francs to finance [...] Full text...

thread Environment

President Barrow says Banjul a national priority

13 november 2019 - 22:49:48
Banjul, Gambia (PANA)  -   President Adama Barrow Wednesday called on all Gambians, irrespective of political or regional affiliations, to fully [...] Full text...

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Congo sets up Debt Coordination Committee

13 november 2019 - 17:00:22
Brazzaville, Congo (PANA) - Congolese economic operators have set up a Debt Coordination Committee to monitor commercial debts until they [...] Full text...

thread Economy

'Child labour and human trafficking remain concern for global supply chains '

13 november 2019 - 06:25:45
Geneva, Switzerland (PANA) - In the first-ever report of its kind, new data from the UN and partners indicates that a significant share of child labour and [...] Full text...

thread

AfDB grants 20 million euros to Tunisian Startups Fund

12 november 2019 - 18:02:52
Tunis, Tunisia (PANA) - The Tunisian start-up fund has contracted a loan of 20 million euros from the African Development [...] Full text...

thread Economy

FIFA slaps 10-year ban on former Tanzania football federation president

12 november 2019 - 10:36:59
Dar es Salaam, Tanzania (PANA) – World football governing body, FIFA, has banned former Tanzania Football Federation (TFF) president, Jamal [...] Full text...

thread Sports

'Two-thirds of Nigeria's mineral exports in 2017 went to China'

12 november 2019 - 07:13:41
Abuja, Nigeria (PANA) – The Nigeria Extractive Industries Transparency Initiative (NEITI) says that about two-thirds of the country's mineral exports [...] Full text...

thread Economy

IMF mission advises Chad to speed up spending in health and education

06 november 2019 - 10:38:25
N’Djamena, Chad (PANA) – Chad should accelerate its social spending, particularly in health and education, besides continued efforts to strengthen [...] Full text...

thread Economy

Agribusiness: Africa’s New Investment Frontier (An AfDB Feature)

05 november 2019 - 19:36:49
Abidjan, Cote d'Ivoire (PANA) - In the past decade, a stroll along the aisles of any African supermarket is revealing: [...] Full text...

thread Agriculture

Barrow presides over Gambia’s cabinet session

01 november 2019 - 09:15:56
Banjul, Gambia (PANA) – Gambian President Adama Barrow presided over the eighth session of the cabinet which discussed key issues [...] Full text...

thread Politics

AfDB approves US$ 165m loan for Angola

30 october 2019 - 16:29:57
Luanda, Angola (PANA) - The African Development Bank (AfDB) Group said on Wednesday it has approved a US$165 million loan [...] Full text...

thread Economy

European Commission extends 150 million Euros credit to Tunisia

30 october 2019 - 14:28:52
Tunis, Tunisia (PANA) - The European Commission will lend Tunisia 150 million Euros, being the third and final instalment under [...] Full text...

thread Economy

Chad sets up 80-million-euro project to boost its agricultural sector

22 october 2019 - 16:21:48
Paris, France (PANA) - An 81.9-million-euro project has been awarded to Chad to help more than one million vulnerable smallholder [...] Full text...

thread Agriculture

Telcos Airtel, Telkom get anti-graft agency merger nod

22 october 2019 - 11:59:24
Nairobi, Kenya (PANA) - Kenya's Ethics and Anti Corruption Commission (EACC) has approved  the merger of telecommunications firms Telkom amd [...] Full text...

thread Economy

Airtel telecom, Ecobank sign financial inclusion agreement

22 october 2019 - 08:25:22
Abidjan, Côte d'Ivoire (PANA) - Telecom operator, Airtel Africa, and the pan-African banking group, Ecobank Transnational Incorporated (ETI), have signed [...] Full text...

thread Economy

Burkina Faso: Private media to get bank loans

20 october 2019 - 18:41:41
Ouagadougou, Burkina Faso (PANA) – The Burkinabè minister of Communication and spokesperson for the government, Remis Dandjinou, on Sunday in [...] Full text...

thread Society

Gambia open to partnership to to expand capacity - President Barrow

17 october 2019 - 23:36:00
Banjul, Gambia (PANA)   -  Gambian President Adama Barrow said here Thursday that, given the strategic importance of the Banjul seaport, [...] Full text...

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Gabon successfully launches CFAF126 bln bond

14 october 2019 - 21:09:31
Libreville, Gabon (PANA) - The Gabonese government Monday successfully obtained a bond of more than CFAF 126 billion instead of [...] Full text...

thread Economy

Burkina Faso, AfDB sign agreement to enhance the status of the plain of Léraba

10 october 2019 - 17:48:18
Ouagadougou, Burkina Faso (PANA) - Burkina Faso's Minister of Economy, Finance and Development, Lassané Kaboré, and the African Development Bank [...] Full text...

thread Economy

Ivorian govt ratifies loan to improve traffic in Abidjan

10 october 2019 - 11:54:23
Abidjan, Côte d’Ivoire (PANA) - The Ivorian cabinet on Wednesday ratified a loan agreement of 175.534 billion CFA francs between the [...] Full text...

thread Economy

West African Development Bank to fund Benin road construction

06 october 2019 - 15:08:54
Cotonou, Benin (PANA) - The West African Development Bank (BOAD) will release some CFAF 17 billion to fund the construction [...] Full text...

thread Economy

ADF supports Benin's cashew nut sector

06 october 2019 - 14:19:01
Cotonou, Benin (PANA) - The African Development Fund (ADF) will support Benin's cashew nut sector with a loan of CFAF [...] Full text...

thread Agriculture

Benin gov't gets green light to borrow CFAF 22 billion for two public universities

06 october 2019 - 12:09:44
Cotonou, Benin (PANA) - The Benin Parliament has been authorised to ratify a loan agreement with the Arab Bank for [...] Full text...

thread Society

UNGA 2019: AfDB announces new accountability index to measure institutional lending to women

03 october 2019 - 18:40:14
New York, US (PANA) - A new tool to track the level of lending to women across Africa will be [...] Full text...

thread Gender

Debt stocks of developing countries rose to $7.8 trillion in 2018 - World Bank report

02 october 2019 - 14:46:29
Washington, US (PANA) - Total external debt of low- and middle-income countries climbed 5.3 percent to $7.8 trillion last year, [...] Full text...

thread Economy

Senegal allocates 2bn CFA francs to development of Ziguinchor region

02 october 2019 - 13:32:33
Ziguinchor, Senegal (PANA) - Senegal has set aside two billion CFA francs for a new development programme in southern Ziguinchor [...] Full text...

thread Economy

Eswatini, IFAD partner to boost inclusive financial services for smallholder farmers

02 october 2019 - 12:28:31
Rome, Italy (PANA) - About 30,900 rural people in Eswatini will benefit from a new US$38.5 million project that aims [...] Full text...

thread Agriculture

EBID to support the restoration of health facilities in Benin

01 october 2019 - 17:00:49
Cotonou, Benin (PANA) - The ECOWAS Bank for Investment and Development (EBID) will support the restoration of health facilities in [...] Full text...

thread Health

Roll out of digital banking secures profits for Botswana’s Standard Chartered Bank

27 september 2019 - 14:06:30
Gaborone, Botswana (PANA) - Standard Chartered Bank Botswana Limited, building on the effective delivery of its turnaround strategy that saw [...] Full text...

thread Economy

World Bank grants $200 million to Burkina Faso for Agricultural Resilience, Competitiveness Project

24 september 2019 - 18:25:28
Ouagadougou, Burkina Faso (PANA) - Burkina Faso's Minister of Economy, Finance and Development, Lassané Kaboré, on Tuesday signed a financing [...] Full text...

thread Economy

Zimbabwe hires third US firm to improve bilateral relations with Americans

24 september 2019 - 14:38:14
New York, USA (PANA) - Zimbabwe government has hired its third American public relations company, Mercury Public Affairs (MPA) through [...] Full text...

thread Politics

Congolese civil society calls for popularization of 48 measures of Congo-IMF agreement

23 september 2019 - 18:31:08
Brazzaville, Congo (PANA)   -   Congolese civil society, constituting the Debt and Development platform, Monday expressed its commitment to participate in [...] Full text...

thread Economy

BOAD grants Togo 20 billion CFAF for road construction

20 september 2019 - 17:53:37
Lomé, Togo (PANA) - The West African Development Bank (BOAD) has granted a loan of 20 billion CFA francs to [...] Full text...

thread Economy

President Barrow says country’s economic growth has generally strengthened

19 september 2019 - 17:12:32
Banjul, Gambia (PANA) - Gambian President Adama Barrow, has said that that country's economic growth has generally strengthened, while inflation [...] Full text...

thread Economy

IMF team finds Malawi’s economic performance after Cyclone Idai favourable

18 september 2019 - 14:02:41
Lilongwe, Malawi (PANA) - Malawi’s recent economic performance has been favourable despite the impact of Cyclone Idai, one of the [...] Full text...

thread Economy

Burundi to complete work on 20 MW hydroelectric dam in 2020

17 september 2019 - 19:06:37
Bujumbura, Burundi (PANA) - The completion of the construction of the largest Kaburantwa National Hydropower Dam (20 megawatts) will be [...] Full text...

thread Environment

Cote d'Ivoire: French Fintech FairMoney raises 10m Euros for expansion in emerging markets

16 september 2019 - 20:59:32
Abidjan, Cote d'Ivoire (PANA)   -   FairMoney, a Paris-based French Fintech, announced here Monday a ten-million-euro fundraiser from Flourish Ventures, the [...] Full text...

thread Economy

Zimbabwe's central bank to print 1.77 billion zimbabwe dollars

14 september 2019 - 16:11:38
Harare, Zimbabwe (PANA) - The Reserve Bank of Zimbabwe (RBZ) will make a substantial injection of cash of about $1.77 [...] Full text...

thread Economy

Kenyan legislators quash moves to repeal interest rate cap

11 september 2019 - 18:25:13
Nairobi, Kenya (PANA) - The Finance and National planning parliamentary committee has opposed a move to repeal the interest rate [...] Full text...

thread Economy

Togo’s fiscal consolidation efforts yield positive results - IMF

11 september 2019 - 07:46:17
Lomé, Togo (PANA) – With continuing economic recovery, Togo’s GDP growth is projected at 5.3 percent in 2019, according to [...] Full text...

thread Economy

Barclays Bank spells growth in strident operating environments

10 september 2019 - 19:56:42
Gaborone, Botswana (PANA) - The soon-to-be Absa Botswana, the Barclays Bank, is celebrating a steady growth in income across the business [...] Full text...

thread Economy

Gabon seeks loan of 77 billion CFA francs from AfDB

07 september 2019 - 19:07:04
Libreville, Gabon (PANA) - The Gabonese government has requested a loan of 117.4 million euros (about 77 billion CFA francs) [...] Full text...

thread Economy

Malian international footballer loaned to Turkish club Bekistas for a year

06 september 2019 - 15:18:51
Bamako, Mali (PANA) - Malian international football player Abdoulaye Diaby (28), captain of the Eagles of Mali, was on loan [...] Full text...

thread Sports

Burkina Faso to host G5 Sahel Summit on Energy on 13 September

06 september 2019 - 11:28:44
Ouagadougou, Burkina Faso (PANA) - Burkina Faso's capital,  Ouagadougou, will host a G5 Sahel Summit on energy on 13 September [...] Full text...

thread Economy

WADB gives Mali 25bn CFA francs for building 1,000 housing units near Bamako

05 september 2019 - 13:09:48
Bamako, Mali (PANA) -  Malian Prime Minister Boubou Cissé and West African Development Bank (WADB) President Christian Adovelande on Wednesday [...] Full text...

thread Economy

IMF measures still unknown by Congolese people

03 september 2019 - 23:59:28
Brazzaville, Congo (PANA)   -  The board of directors of the International Monetary Fund (IMF) has approved an extended credit facility [...] Full text...

thread Economy

Mali international Amadou Danté to play at Austrian club TSV Hartberg

03 september 2019 - 13:50:33
Bamako, Mali (PANA) - Malian junior international Amadou Danté, who has just signed with Austrian club Sturn Graz, was immediately [...] Full text...

thread Sports

Senegal: Two billion CFA francs for rice producers in the south of the country

02 september 2019 - 17:17:22
Ziguinchor, Senegal (PANA) - The Rapid Entrepreneurship Delegation (DER), initiated by President Macky Sall, on Saturday launched a program to [...] Full text...

thread Agriculture

Malian international Adama Traoré to play for FC Metz in French League 1

02 september 2019 - 14:21:02
Bamako, Mali (PANA) - Malian international football player Adama Traoré has been loaned for the season by AS Monaco to [...] Full text...

thread Sports

TICAD 7: Japan, AfDB unveil enhanced private sector initiative to bolster health, energy in Africa

30 august 2019 - 13:56:03
Yokohama, Japan (PANA) - Japan and the African Development Bank (AfDB) on Friday announced a joint target of US$3.5 billion [...] Full text...

thread Economy

‘Gambia’s domestic debt stands at D32.5 billion’ - governor Jammeh

29 august 2019 - 22:44:33
 Banjul, Gambia (PANA)   -    Bakary K Jammeh, governor of the Central Bank of The Gambia, said here Thursday the country’s [...] Full text...

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US grants Tunisia loans totaling USD335 m

28 august 2019 - 21:33:12
Tunis, Tunisia (PANA)  -  The United States Wednesday granted Tunisia a total loan of 335 million dollars (about one billion [...] Full text...

thread Economy

Credit from Zimbabwe's microfinance institutions rises 26.4 percent Q2

28 august 2019 - 11:49:11
Harare, Zimbabwe (PANA) - Credit from microfinance institutions in the second quarter of 2019 increased by 26.4 percent to ZWL [...] Full text...

thread Economy

Standard Chartered Bank Botswana named Best Consumer Digital Bank 2019 by Global Finance

23 august 2019 - 20:55:48
Gaborone, Botswana (PANA) - Standard Chartered Botswana has been awarded the Best Consumer Digital Bank, Botswana 2019, by Global Finance. The [...] Full text...

thread Economy

Uganda-Rwanda deal excites Ugandans at border

21 august 2019 - 21:09:10
Kampala, Uganda (PANA) – The news of the signing of a memorandum of understanding (NoU) for normalization of relations between [...] Full text...

thread Politics

Botswana Ministry of Investment, Trade and Industry to invest on Export, SME development

20 august 2019 - 20:30:16
Gaborone, Botswana (PANA) - The Botswana Ministry of Investment, Trade and Industry is looking forward to concentrating on the Small and [...] Full text...

thread Economy

2019-20 CAF Champions league prelim: Zamalek demolish Somalia's Dekedaha 7-0

17 august 2019 - 05:47:48
Cairo, Egypt (PANA) - Egyptian giants, Zamalek, on Friday made "minced meat" of  Somalia's Dekedaha, scoring unreplied goals (7-0) in [...] Full text...

thread Sports

Malian women, small farmers see rice yields soar with help from AfDB (An AfDB Feature)

14 august 2019 - 16:30:37
Bamako, Mali ((PANA) -- In Baguinéda, eastern Mali's Koulikoro region, the lowlands on the banks of the River Niger stretch (as [...] Full text...

thread Agriculture

PM doubles award to Mauritian athletes during Indian Ocean Islands Games

11 august 2019 - 10:13:35
Vacoas, Mauritius (PANA) - Mauritian Prime Minister Pravind Jugnauth announced on Saturday night that the reward promised to Mauritian athletes [...] Full text...

thread Sports

'We told her to resign,' close associates to sacked Zimbabwe Tourism minister say

09 august 2019 - 18:51:58
Harare, Zimbabwe (PANA) - Close associates of fired Environment, Tourism and Hospitality Industry minister, Prisca Mupfumira, told PANA here that [...] Full text...

thread Politics

Kenyan court freezes accounts linked to dam financial scandal

08 august 2019 - 20:40:33
Nairobi, Kenya (PANA) – A Kenyan court on Thursday ordered the freezing of two bank accounts linked to companies which [...] Full text...

thread Society

Botswana: Financial Stability Council discusses financial sector stability

08 august 2019 - 16:59:30
Gaborone, Botswana (PANA) - The Financial Stability Council (FSC) of Botswana met on Thursday, deliberating on several markets, regulatory and [...] Full text...

thread Economy

Austerity and economic headwinds in Zimbabwe to persist - IH Securities

06 august 2019 - 14:19:35
Harare, Zimbabwe (PANA) - Financial services firm IH Securities expects austerity and economic headwinds to persist after a plethora of [...] Full text...

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Gambia urged to create equal opportunities for disabled persons

31 july 2019 - 17:36:58
Banjul, Gambia (PANA) – Muhammed Krubally, the President of Gambia Federation of Disabled Persons, on Tuesday called for equal opportunities [...] Full text...

thread Society

'Macroeconomic Management weakens while Social Inclusion Policies improve slightly in Africa's poorest countries'

31 july 2019 - 14:08:37
Washington D.C., US (PANA) - Africa's poorest countries saw little to no progress on average in improving the quality of [...] Full text...

thread Economy

From youth empowerment to youth investment: the Jobs for Youth in Africa strategy (An AfDB Feature)

31 july 2019 - 13:36:50
Abidjan, Cote d'Ivoire (PANA) - Africa’s greatest asset is its young people. However, without harnessing their potential and equipping them [...] Full text...

thread Economy

Gambian lawmakers approve $93 million Saudi Arabia loan

30 july 2019 - 20:22:53
Banjul, Gambia (PANA)   -   Gambian lawmakers at an extraordinary session in Banjul Tuesday approved $93 million dollars loan between Gambia [...] Full text...

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World Bank gives US$80 million to Guinea

30 july 2019 - 10:10:40
Conakry, Guinea (PANA) - The World Bank has given Guinea a US$80 million loan, following two agreements signed on Monday [...] Full text...

thread Economy

Mali, AfDB sign 70 million euros agreement for road project

27 july 2019 - 13:16:02
Bamako, Mali  (PANA) - Mali and the African Development Bank (AfDB) on Friday signed an agreement in Bamako under which [...] Full text...

thread Economy

Detained Zimbabwe Tourism minister charged with prejudicing the state of US$114.7 million

26 july 2019 - 16:56:30
Harare, Zimbabwe (PANA) - Zimbabwe Environment, Tourism and Hospitality Industry minister, Prisca Mupfumira, is being charged of prejudicing the state [...] Full text...

thread Politics

IMF approves $ 2 billion disbursement for Egypt

25 july 2019 - 15:04:53
Cairo, Egypt (PANA) - The Executive Board of the International Monetary Fund (IMF) on Wednesday approved the release of the [...] Full text...

thread Economy

Kenyan finance minister pleads not guilty to conspiracy to defraud state

23 july 2019 - 15:14:11
Nairobi, Kenya (PANA) - Kenya's finance Ministry Cabinet Secretary Henry Rotich pleaded not guilty on Tuesday to a charge of [...] Full text...

thread Society

AfDB approves US$300 million to COMESA Bank for regional trade development

23 july 2019 - 12:29:08
Abidjan, Cote d’Ivoire (PANA) – The African Development Bank (AfDB) has approved a loan of US$300 million to support the [...] Full text...

thread Economy

PROPARCO, IFC, EIB give Senegal 38 million Euros for solar power stations

22 july 2019 - 23:29:32
Paris, France (PANA) – Subsidiaries of the French Development Agency (AFD) and the World, as well as the European Investment [...] Full text...

thread Economy

Kenyan finance minister surrenders after prosecutor issues arrest warrant

22 july 2019 - 15:24:24
Nairobi, Kenya (PANA) - Kenya's finance Ministry Cabinet Secretary Henry Rotich surrendered to the Directorate of Criminal Investigations (DCI) headquarters [...] Full text...

thread Society

Zimbabwe's Parliament Public Accounts Committee demands publication of full national debt by September

21 july 2019 - 15:45:25
Harare, Zimbabwe (PANA) - Parliament’s Public Accounts Committee (PPAC) has ordered the Finance and Economic Development minister, Mthuli Ncube, to [...] Full text...

thread Economy

AfDB gives US$25 million loan to Tunisia to fund regional agricultural project

19 july 2019 - 09:06:13
Tunis, Tunisia (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a US$25 million loan [...] Full text...

thread Economy

AfDB supports Kenyan manufacturing ventures

18 july 2019 - 20:42:07
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has approved US$8 million to finance Kenya's Credit Bank to [...] Full text...

thread Economy

IOM helps stranded Ethiopians return home from Yemen

17 july 2019 - 06:06:39
Addis Ababa (PANA) - Some 280 Ethiopians returned home, with the support of the International Organization for Migration (IOM), after facing [...] Full text...

thread Society

AfDB Board approves recommendations of the first monitoring report on Modern Mills of Mali

13 july 2019 - 07:53:25
Bamako, Mali (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved recommendations of the [...] Full text...

thread Agriculture

EIB provides US$ 25 million to connect Cape Verde to a new submarine cable

12 july 2019 - 15:00:44
Praia, Cape Verde (PANA) - The European Investment Bank (EIB) will finance Cape Verde's connection to a new submarine cable, [...] Full text...

thread Sciences

Institute alleges Zimbabwe gov't floated exchange rate to fuel parallel market

11 july 2019 - 16:28:25
Harare, Zimbabwe (PANA) - Institute for Security Studies (ISS) has alleged that the Zimbabwe government floated the exchange rate between [...] Full text...

thread Economy

Abu Dhabi Development Fund grants Mali two concessional loans

10 july 2019 - 15:23:31
Bamako, Mali (PANA) - The Abu Dhabi Development Fund will grant Mali two concessional loans, totalling more than 1 billion [...] Full text...

thread Economy

Missiles belonging to French military 'found in Haftar's base'

10 july 2019 - 13:03:19
Paris, France (PANA) - France said on Wednesday that missiles belonging to its military forces have been found on a [...] Full text...

thread Society

AGF, MIFA sign partnership agreement to guarantee financing to Togolese farmers

05 july 2019 - 10:07:34
Lomé, Togo (PANA)   -   The African Guarantee Fund (AGF) Thursday signed a partnership agreement with the Agricultural Financing Incentive Mechanism [...] Full text...

thread Agriculture

Zambia continues to experience critical electricity supply deficit due to droughts (Feature by Mildred Mulenga, PANA correspondent)

04 july 2019 - 11:10:08
Lusaka, Zambia (PANA) – The over-reliance on hydro-power by Zambia, which is currently experiencing critical electricity supply deficit from recent [...] Full text...

thread Economy

Zimbabwe gov't, parastatals owe TelOne US$93 million

29 june 2019 - 17:33:41
Harare, Zimbabwe (PANA) - TelOne Zimbabwe, one of government's leading telecommunication parastatals, is owed US$93 million from government and other [...] Full text...

thread Economy

Kenyan economy slows down in first quarter due to poor rains

29 june 2019 - 00:08:32
Nairobi, Kenya (PANA)   -   Kenya's economy slowed down in the first quarter of 2019, compared with the same period in [...] Full text...

thread Economy

IMF approves US$ 35 million credit for Togo

28 june 2019 - 14:08:45
Lomé, Togo (PANA) - The International Monetary Fund (IMF) has approved a credit of US$ 35 million for Togo under [...] Full text...

thread Economy

Gambia launches first national broadband internet

26 june 2019 - 21:29:51
Banjul, Gambia (PANA)   -   The Gambia Wednesday launched its first broadband internet project following a loan agreement signed between the [...] Full text...

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Standard Chartered Bank launches revolutionary digital banking in Botswana

25 june 2019 - 20:54:56
Gaborone, Botswana (PANA) -Standard Chartered Bank Botswana has launched a revolutionary digital only retail bank in Botswana. The groundbreaking, end to [...] Full text...

thread Economy

World Bank grants US$ 151million loan to Tunisia for energy sector

25 june 2019 - 17:50:10
Tunis, Tunisia (PANA) - The World Bank's Executive Board on Monday approved a new US$151 million investment loan for Tunisia [...] Full text...

thread Economy

WADB lends Mali CFAF 35 billion for housing and productive investment projects

25 june 2019 - 13:54:15
Bamako, Mali (PANA) - The West African Development Bank (WADB), an integral part of the West African Economic and Monetary [...] Full text...

thread Economy

Energy crisis batters South Africa's growth prospects (Feature by Craig Urquhart, PANA correspondent)

24 june 2019 - 10:34:18
Cape Town, South Africa (PANA) – Of all the problems that Cyril Ramaphosa inherited when he was elected President (and there [...] Full text...

thread Economy

Uganda’s Museveni flies to China, loan on standard gauge railway high on agenda

23 june 2019 - 17:09:20
Kampala, Uganda (PANA) – Uganda’s President, Yoweri Museveni, has flown to China with discussions on a possible loan to build [...] Full text...

thread Sports

African farmers gain big from digital applications to transform rural agriculture

21 june 2019 - 16:44:50
Kigali, Rwanda  (PANA) – Digital innovations are helping to transform agriculture in rural areas and to address challenges, including youth [...] Full text...

thread Agriculture

Shelter Afrique to resume lending after US$108 million debt restructuring

21 june 2019 - 13:27:54
Marrakech, Morocco (PANA) - Shelter Afrique, an African housing financier, is set to resume lending after reaching an agreement with [...] Full text...

thread Economy

Mauritius, China sign grant agreement, partial debt forgiveness

21 june 2019 - 10:38:17
Port-Louis, Mauritius (PANA) -Port-Louis, Mauritius (PANA) - Mauritius and China on Thursday signed two agreements, namely, a grant of 100 [...] Full text...

thread Economy

French Development Agency signs finance deal with Rwandan bank

20 june 2019 - 15:21:07
Kigali, Rwanda (PANA) -  French Development Agency (AFD), a public financial institution headquartered in Paris, on Thursday signed a cooperation [...] Full text...

thread Economy

Rights group says pregnant girls, young mothers denied school in Africa

17 june 2019 - 01:29:35
Nairobi, Kenya (PANA) – Tens of thousands of pregnant girls and adolescent mothers are denied their right to education across [...] Full text...

thread Society

World Bank grants $175 million to Tunisia

15 june 2019 - 20:11:36
Tunis, Tunisia (PANA)   -   The World Bank has granted Tunisia two loans totaling $ 175 million to finance digital transition [...] Full text...

thread Economy

Guinean mining revenues increase by 46 pct - EITI

15 june 2019 - 11:43:51
Conakry, Guinea (PANA)   -   Guinea has since 2014 witnessed a growing trend in its mining sector, driven mainly by bauxite, [...] Full text...

thread Economy

AfDB grants Tunisia 120 million Euros in loan

14 june 2019 - 21:41:54
Tunis, Tunisia (PANA)   -   Tunisia and the African Development Bank (AfDB) on Thursday signed a financial loan agreement at the [...] Full text...

thread Economy

Gambia, World Bank sign US$ 31 million Social Safety Net Project

11 june 2019 - 20:48:56
Banjul, Gambia (PANA)   -   The Government of The Gambia and the World Bank Tuesday signed a Social Safety Nets project [...] Full text...

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Ecobank group now listed in the London Stock Exchange

07 june 2019 - 17:05:45
Abidjan, Côte d'Ivoire (PANA) - The pan-African banking group, Ecobank Transnational Incorporated (ETI), on Friday participated in the opening ceremony [...] Full text...

thread Economy

Tunisia gets 57-million-euro loan from AfDB to support trade

30 may 2019 - 19:22:18
Tunis, Tunisia (PANA) - The Board of Directors of the African Development Bank (AfDB) on Wednesday approved a EUR 57.5 [...] Full text...

thread Economy

Kenya seeks $750 million loan from World Bank

29 may 2019 - 13:28:02
Nairobi, Kenya (PANA) - Kenya’s Treasury has reached out to the World Bank for a US$750 million loan to support [...] Full text...

thread Economy

Former Zimbabwe central bank governor Moyana says working on book for economic inspiration

28 may 2019 - 22:50:32
Harare, Zimbabwe (PANA)   -   Former Reserve Bank of Zimbabwe (RBZ) governor Kombo James Moyana said here Tuesday he was working [...] Full text...

thread Economy

Benchmark interest rates unchanged on strong economic growth trends in Kenya

27 may 2019 - 19:43:25
Nairobi, Kenya (PANA) – The Central Bank of Kenya's (CBK) top policy-making body, the Monetary Policy Committee (MPC), has retained [...] Full text...

thread Economy

ADB lends Uganda $20m to spur SMEs growth

25 may 2019 - 17:20:48
Kampala, Uganda (PANA)   -   The African Development Bank (ADB) has advanced a loan of $20m to the government of Uganda [...] Full text...

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AfDB extends $128 million to Niger for Kandadji multi-sectoral project

23 may 2019 - 14:53:36
Abidjan, Côte d'Ivoire (PANA) – The African Development Bank (AfDB)’s board of directors on Wednesday approved US$128.8 million credit for [...] Full text...

thread Economy

DRC’s opposition leader Moise Katumbi calls for support for President Tshisekedi

20 may 2019 - 23:43:54
Kinshasa, DR Congo (PANA)  -  The leader of the platform ‘Together for Change’, Moise Katumbi, Monday called on the population [...] Full text...

thread Politics

Drought relief action announced in Botswana

20 may 2019 - 17:28:54
Gaborone, Botswana (PANA) - Botswana has announced drought relief measures which take effect from the beginning of July as the [...] Full text...

thread Agriculture

Nobel Peace Prize winner Muhammad Yunus participates in Cape Verde Microfinance Symposium

20 may 2019 - 17:24:36
Praia, Cape Verde (PANA) - Muhammad Yunus of Bangladesh and the 2006  Nobel Peace Prize winner, will participate in the [...] Full text...

thread Economy

AfDB lends EUR 120 million to Tunisia

17 may 2019 - 18:37:42
Tunis, Tunisia (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a EUR 120 [...] Full text...

thread Economy

Prosecutor seeks 7-year jail sentence for senior Rwanda bank manager accused of 'favouritism'

17 may 2019 - 13:30:49
Kigali, Rwanda (PANA) - A prosecutor in Rwanda asked a court on Friday to sentence a former senior banker to [...] Full text...

thread Society

Burkina Faso government sets up 20,000 micro-projects for youths, women

16 may 2019 - 14:21:11
Ouagadougou, Burkina Faso (PANA) – Burkina Faso Prime Minister Christophe Marie Joseph Dabiré on Thursday told Parliament that the government [...] Full text...

thread Economy

Côte d'Ivoire releases list of nominees for African Banker 2019 trophies

13 may 2019 - 19:23:45
Abidjan, Côte d’Ivoire (PANA) – The list of banking and financial institutions for the African Banker Trophies, at the 13th [...] Full text...

thread Economy

Uganda has law to jail employers over student loans advanced to employees

11 may 2019 - 16:36:16
Kampala, Uganda (PANA) – Ugandan employers are up in arms against a law that exposes them to ten years in [...] Full text...

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AfDB president expected Friday in Congo

08 may 2019 - 18:42:31
Brazzaville, Congo (PANA) - The African Development Bank (AfDB) president, Dr. Akinwumi Adesina, will pay an official visit to Brazzaville [...] Full text...

thread Economy

Mauritius set to become a sports destination

07 may 2019 - 16:27:07
Port Louis, Mauritius (PANA) – Mauritian acting Youth and Sports minister, Mr Eddy Boissézon, on Tuesday told Parliament that in [...] Full text...

thread Sports

More time needed to ascertain compensation for repossessed Zimbabwe land: Sadc Tribunal Rights Watch

06 may 2019 - 22:19:53
Harare, Zimbabwe (PANA)   -   Advocacy group Sadc Tribunal Rights Watch says it is unrealistic to think that government will be [...] Full text...

thread Agriculture

Labour Day on the news this week in Mauritius

04 may 2019 - 11:10:17
Port-Louis, Mauritius (PANA) - Labour Day, celebrated on May 1st around the world, made the news this week in Mauritius, [...] Full text...

thread Press Review

ADF approves US$11.1 million for Zambia's public finance reforms (Correcting headline to read US$11.1 million)

02 may 2019 - 08:58:31
Nairobi, Kenya (PANA) - The African Development Fund on Tuesday approved US$11.1 million to support Zambia’s public finance and economic [...] Full text...

thread Economy

Magufuli promises Tanzanian workers’ pay rise before ending his tenure

01 may 2019 - 17:01:49
Dar es Salaam, Tanzania (PANA) – Tanzanian President John Magufuli said on Wednesday that his government will hike salaries of [...] Full text...

thread Economy

Tunisia, Italy sign bilateral agreements

01 may 2019 - 08:45:30
Tunis, Tunisia (PANA) - Tunisia and Italy on Tuesday signed a series of agreements on the occasion of the visit [...] Full text...

thread Politics

Libyan conflict high on agenda of first Tunisian-Italian intergovernmental summit

01 may 2019 - 05:55:23
Tunis, Tunisia (PANA) - The Libyan crisis was one of the main topics discussed at the first meeting of the [...] Full text...

thread Politics

Kenya Airways struggles on recovery path, net loss down to US$75 million in 2018

30 april 2019 - 19:51:02
Nairobi, Kenya (PANA) – Kenya Airways (KQ's) path to balance sheet recovery has narrowed substantially from its peak full year [...] Full text...

thread Economy

First cargo of Congolese iron ore exported to China

23 april 2019 - 20:46:39
Brazzaville, Congo (PANA)  -  The first shipment of Congolese iron ore was exported on April 19 by Sapro-Mayoko from the [...] Full text...

thread Economy

Rwanda inaugurates China-funded administrative office block

22 april 2019 - 13:04:05
Kigali, Rwanda (PANA) - Rwanda on Monday inagurated a China-funded five-floor administrative office complex to accomodate several government entities, including [...] Full text...

thread Economy

China's top legislator meets president of Rwanda Senate

22 april 2019 - 11:20:08
Kigali, Rwanda (PANA) - The Vice Chairman of the National Committee of the Chinese People’s Political Consultative Conference, Zheng Jianbag,  [...] Full text...

thread Politics

Zimbabwe's Agricultural sector requires US$1,2 billion in yearly funding

19 april 2019 - 15:16:09
Harare, Zimbabwe (PANA) - Zimbabwe needs US$1,2 billion in yearly funding to effectively support the agricultural sector towards growth, a [...] Full text...

thread Agriculture

Zimbabweans still fighting for Independence, 39 years on: MDC Alliance

19 april 2019 - 14:00:56
Harare, Zimbabwe (PANA) - Zimbabwe’s main opposition party, the MDC Alliance, says Zimbabweans are still fighting for social, economic and [...] Full text...

thread Politics

Letshego eSwatini supports Micro- and Small-Business Owners

17 april 2019 - 15:26:31
Gaborone, Botswana (PANA) - Letshego has launched the Purchase Order Finance to assist micro and small business owners in the [...] Full text...

thread Economy

Congo’s SMEs have weak access to financing

15 april 2019 - 14:17:52
Brazzaville, Congo (PANA) – Congo's  informal economic units are weak in accessing finance from banks, estimated at 1.6%, but employ [...] Full text...

thread Economy

Uganda launches fruit factory, funded by South Korea

13 april 2019 - 13:37:18
Kampala, Uganda (PANA) - South Korea is re-establishing its foothold in Uganda and has stepped in to support a number [...] Full text...

thread Economy

AfDB to receive 1.1 billion dollars from Canada

13 april 2019 - 10:29:00
Abidjan, Côte d’Ivoire (PANA) - Canada will support operations of the African Development Bank (AfDB) with a contribution of 1.1 [...] Full text...

thread Economy

Economic, political policies in Zimbabwe; keeping US investors away - US Envoy

12 april 2019 - 21:59:00
Harare, Zimbabwe (PANA) - The American ambassador to Zimbabwe, Brian Nichols, says the Zimbabwean government's economic and political policies are [...] Full text...

thread Economy

AfDB helps Nigerian financier to boost local currency-based fundraising

12 april 2019 - 14:37:52
Abidjan, Côte d’Ivoire (PANA) – The Board of the African Development Bank (AfDB) has approved a US$15-million investment package to [...] Full text...

thread Economy

Materials shortage slows down Zimbabwe's construction industry

11 april 2019 - 12:18:04
Harare, Zimbabwe (PANA) - Acute cement shortages and unsustainable prices of construction materials, drove down Zimbabwe's construction industry by 6.3% [...] Full text...

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Togo attains 4.9 pct growth rate in 2018, says IMF

04 april 2019 - 21:54:49
Lomé, Togo (PANA) – Togo attained an economic growth rate of 4.9 percent in 2018, against the backdrop of political [...] Full text...

thread Economy

East African economies record robust growth without creating jobs - AfDB

04 april 2019 - 18:03:39
Nairobi, Kenya (PANA) - The African Development Bank (AfDB) has expressed concern at the high economic growth rates recorded in [...] Full text...

thread Economy

EU mobilises 12 million euros for microfinance loans in West Africa

02 april 2019 - 17:01:50
Brussels, Belgium (PANA) - The European Investment Bank (EIB) has mobilised 12 million euros, which will be managed by the [...] Full text...

thread Politics

Zimbabwe govt introduces public debt management regulations

01 april 2019 - 23:12:29
Harare, Zimbabwe (PANA)  -  The Zimbabwe government has introduced public debt management regulations in to curb its ballooning national debt [...] Full text...

thread Economy

Mauritius ensures economic empowerment of women through co-ops

01 april 2019 - 13:26:36
Port Louis, Mauritius (PANA) – Mauritian Business and Cooperatives minister Soomilduth Bholah on Monday recalled that despite the fact that [...] Full text...

thread Economy