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

US State Secretary offers "substantial financial support" to Ethiopia

18 february 2020 - 20:32:40
Addis Ababa, Ethiopia (PANA) – Visiting US Secretary of State, Mike Pompeo has pledged substantial financial support to Ethiopia at [...] Full text...

thread Economy

Mali: Two oil companies benefit from EBID loan of 18 million euros

18 february 2020 - 17:04:03
Lomé, Togo (PANA) - Two Malian private sector oil companies, SOYATT and SOTRAKA, will benefit from a loan of 18 [...] Full text...

thread Economy

Tanzania obtains $447 million World Bank loan to support anti-poverty drive

18 february 2020 - 11:04:04
Dar es Salaam, Tanzania (PANA) - The World Bank is set to bankroll Tanzania’s anti poverty drive with a $447.8 [...] Full text...

thread Economy

AfDB slams World Bank President’s comments on Africa’s debt profile

16 february 2020 - 09:54:49
Abidjan, Cote d'Ivoire (PANA) - In several news reports, World Bank President, David Malpass, was recently quoted as saying that [...] Full text...

thread Economy

Benin sets aside more than 10 billion CFAF for drinking water in 3 municipalities

15 february 2020 - 18:22:38
Cotonou, Benin (PANA) - The Beninese government will release 10,194,600,000 CFA francs to the National Water Company of Benin (SONEB) [...] Full text...

thread Environment

Somalia on brink of getting US$5.3 billion IMF, World Bank debt relief

14 february 2020 - 12:23:13
Washington DC, US (PANA) - Somalia has inched closer to securing an international debt relief for US$5.3 billion piled up [...] Full text...

thread Economy

Nigeria, South Africa face no risk of debt distress: AfDB tells World Bank

14 february 2020 - 10:03:00
Nairobi, Kenya (PANA) - The African Development Bank (AfDB), a development financier with a global footprint, has disputed the World [...] Full text...

thread Economy

Tunisia resumes talks with IMF

13 february 2020 - 19:50:25
Tunis, Tunisia (PANA) - Tunisia has resumed negotiations with the International Monetary Fund (IMF) regarding the financial assistance it is [...] Full text...

thread Economy

Towards a law against usury in Benin

13 february 2020 - 19:18:37
Cotonou, Benin(PANA) - Benin will soon adopt a law defining and punishing usury, a practice of making unethical or immoral [...] Full text...

thread Economy

Cape Verdean airline needs long-term loan to be profitable

13 february 2020 - 18:53:33
Praia, Cape Verde (PANA) - The national carrier Cabo Verde Airlines (CVA) will have to obtain a long-term funding to [...] Full text...

thread Economy

Rising public debt, subdued growth put Eswatini at critical juncture - IMF

12 february 2020 - 14:55:45
Mbabane, Eswatini –(PANA) - Eswatini is at a critical juncture, with subdued growth, rising public debt, and depleting international reserves, [...] Full text...

thread Economy

IMF reaches staff-level deal with The Gambia on ECF supported programme

12 february 2020 - 12:35:28
Banjul, Gambia (PANA) – Observing that The Gambia has built a positive track record of performance and advanced its structural [...] Full text...

thread Economy

Tunisia facing financial pressures due to IMF loan maturities

09 february 2020 - 10:49:27
Tunis, Tunisia (PANA) - Tunisia will experience financial pressures over the period 2020-2025 due to annual bond repayment deadlines and [...] Full text...

thread Economy

Corporate earnings of listed firms under threat from devaluing Zimbabwe dollar

08 february 2020 - 20:23:11
Harare, Zimbabwe (PANA) - Local financial services firm, IH Securities, sees corporate earnings of listed companies contracting for 2020, which [...] Full text...

thread Economy

EBRD, QNB Alahli boost green investments, small firms in Egypt

06 february 2020 - 23:29:07
Cairo, Egypt (PANA)   - The European Bank for Reconstruction and Development (EBRD) is boosting small businesses and green investments in [...] Full text...

thread Economy

UAE pledges US$ 2 billion investments in Mauritania

03 february 2020 - 15:05:24
Nouakchott, Mauritania (PANA) - The United Arab Emirates (UAE) and Mauritania have signed several agreements and memoranda of understanding on [...] Full text...

thread Economy

Owusu, Balinya join Kenya bigwigs Gor Mahia

02 february 2020 - 16:57:39
Nairobi, Kenya (PANA) - Midfielder Jackson Owusu of Ghana and Ugandan striker Juma Balinya are among players who joined Kenyan [...] Full text...

thread Sports

Cape Verde urged to improve its infrastructure

31 january 2020 - 19:33:30
Praia, Cape Verde (PANA) - The African Development Bank (AfDB) on Thursday advised Cape Verde to invest in maritime wealth [...] Full text...

thread Economy

Tunisian club Sfax recruits Malian for six months

29 january 2020 - 15:10:02
Tunis, Tunisia (PANA) - The Sfax Sports Club of Tunisia has signed on Malian player, Ibrahima Tanja, for six months [...] Full text...

thread Sports

Kenya's Central Bank lowers base lending rate to 8.25 pct

28 january 2020 - 00:05:37
Nairobi, Kenya (PANA) - The Central Bank of Kenya (CBK) has lowered the base lending rate to 8.25 percent from [...] Full text...

thread Economy

Controversial Zimbabwe Constitution Amendment Bill to cut Parliament's oversight role

27 january 2020 - 15:05:13
Harare, Zimbabwe (PANA) - Local legal think tank, Veritas, has raised concern that the controversial ‘Constitution of Zimbabwe Amendment (No 2) [...] Full text...

thread Politics

Niger: African Solidarity Fund celebrates 40th anniversary

27 january 2020 - 14:35:53
Niamey, Niger (PANA) - The African Solidarity Fund (ASF) celebrated its 40th anniversary, under the theme: "The African Solidarity Fund, [...] Full text...

thread Economy

Malian international Adama Traore loaned for six months to the Saudi Al-Adalah FC team

23 january 2020 - 18:43:52
Bamako, Mali (PANA) - Malian international Adama Traoré, nicknamed "Malouda", has just been loaned for six months to the Saudi [...] Full text...

thread Sports

AfDB approves US$685, 000 grant for Zimbabwe disaster risk management training

23 january 2020 - 14:20:51
Harare, Zimbabwe (PANA) - The African Development Bank (AfDB) has approved a US$685,000 grant to strengthen Zimbabwe’s capacity to manage [...] Full text...

thread Society

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