Finance changed, risks didn’t (By Yao Zeng for F&D Magazine, an assistant professor of finance and the Cynthia and Bennett Golub Faculty Scholar at the University of Pennsylvania)

22 october 2025 - 07:16:02
Washington, DC, USA (PANA) - More than 15 years after the global financial crisis, the banking and financial system looks [...] Full text...

thread Economy

Economic uncertainty can test resilience of foreign exchange market (IMF Blog By Andrea Deghi, Mahvash S. Qureshi, Tomohiro Tsuruga)

09 october 2025 - 07:54:14
Washington, DC, USA (PANA) - Foreign exchange is the largest and most liquid financial market, with nearly $10 trillion changing [...] Full text...

thread Economy

IMF announces appointment of Dan Katz as First Deputy Managing Director

04 october 2025 - 07:30:31
Washington, DC, USA (PANA) – The International Monetary Fund (IMF) Executive Board has approved the appointment of Mr. Dan Katz [...] Full text...

thread Economy

Explainer: Five megatrends shaping the rise of nonbank finance (IMF Blog by Jay Surti)

29 september 2025 - 16:23:33
Washington, DC, USA (PANA) - The global financial crisis of 2008 froze the financial system. Banks pulled back credit, families [...] Full text...

thread Economy

IMF Executive Board concludes 2025 Article IV consultation and Fifth Review Under ECF with Zambia

27 july 2025 - 06:08:33
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the Article IV Consultation [...] Full text...

thread Economy

IMF First Deputy Managing Director Gita Gopinath’s statement at the conclusion of the Third Meeting of the G20 Finance Ministers and Central Bank Governors

19 july 2025 - 06:37:40
KwaZulu-Natal, South Africa (PANA) - International Monetary Fund First Deputy Managing Director Gita Gopinath delivered the following remarks at the [...] Full text...

thread Economy

Seychelles' path to macroeconomic stability and resilience - IMF Country Focus

02 july 2025 - 07:19:53
Victoria, Seychelles (PANA) - The IMF Executive Board recently completed the fourth review of Seychelles’ economic performance under the Extended [...] Full text...

thread Economy

IMF mission completes Article IV consultation with Algeria

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

thread Economy

IMF concludes 2025 Article IV consultation with Tanzania, approves $448.4 million disbursement

28 june 2025 - 08:12:54
Dar es Salaam, Tanzania (PANA) – Tanzania has secured US$ 448.4 million as an immediate disbursement under both the Extended [...] Full text...

thread Economy

IMF concludes 2025 Article IV Consultation with Mauritius

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

thread Economy

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

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

thread Agriculture

Egypt, EC and European Parliament agree on macro-financial assistance

20 may 2025 - 09:12:46
Brussels, Belgium (PANA) – The European Council has reached a provisional agreement with the European Parliament about a decision to [...] Full text...

thread Economy

Enhancing financial stability for resilience during uncertain times: IMF Blog By Tobias Adrian

23 april 2025 - 11:01:38
Washington, DC, United States (PANA) - Capital markets are essential for driving economic activity, providing mechanisms for raising funds and [...] Full text...

thread Economy

IMF, Libya complete Article IV Mission

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

thread Economy

EU approves third payment of close to €3.5 billion to Ukraine

17 march 2025 - 12:17:26
Brussels, Belgium (PANA) - Ukraine will soon receive approximately €3.5 billion after the European Council approved a third payment of [...] Full text...

thread Society

Liberia needs institutional, policy reforms to boost economic growth and development: WB report

12 march 2025 - 07:19:49
Monrovia, Liberia (PANA) - The World Bank has launched its flagship report, the Liberia Country Economic Memorandum, titled “Escaping the [...] Full text...

thread Economy

Bridging the productivity divide needed to unlock Madagascar's economic potential needs

26 february 2025 - 09:05:23
Antananarivo, Madagascar (PANA} - Madagascar's economy is recovering, but growth remains insufficient and uneven to significantly improve living standards.According to [...] Full text...

thread Economy

Ghana can pave the way for sustainable growth by focusing on long-term reforms: WBG report

13 february 2025 - 05:11:11
Accra, Ghana (PANA) - The World Bank Group’s latest Public Finance Review report, titled “Building the Foundations for a Resilient [...] Full text...

thread Economy

IMF completes first review of Liberia’s ECF programme underlining governance reforms

06 february 2025 - 08:48:24
Monrovia, Liberia (PANA) – Liberia is now in position to draw US$46 million from the International Monetary Fund (IMF) for [...] Full text...

thread Economy

'Improved resilience to weather shocks can boost Zimbabwe’s recovery'

31 january 2025 - 08:38:20
Harare, Zimbabwe (PANA) - Zimbabwe’s economic outlook is positive, with recovery from the 2019/20 COVID-19 recession and the 2024 El [...] Full text...

thread Economy

Malawi needs urgent action on macroeconomic reforms and transformative potential of mining: WB report

31 january 2025 - 08:28:24
Lilongwe, Malawi (PANA) - Malawi’s economic recovery remains fragile due to lagging implementation of macroeconomic reforms and a series of [...] Full text...

thread Economy

With IMF support Cape Verde aims to build climate resilience, grow strongly

25 january 2025 - 08:52:41
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the fifth review of [...] Full text...

thread Economy

IMF Executive Board completes Fifth Review Under ECF arrangement for Cabo Verde

20 january 2025 - 05:57:08
Washington, DC, US (PANA) - The Executive Board of the IMF has completed the fifth review of Cabo Verde’s performance [...] Full text...

thread Economy

Namibia: New WBG strategy to boost job creation, access to quality services

09 january 2025 - 09:55:29
Windhoek, Namibia (PANA) – The World Bank's Board of Executive Directors discussed a new Country Partnership Framework (CPF) for Namibia, [...] Full text...

thread Society

IMF Board completes fourth review of Zambia’s ECF arrangement

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

thread Economy

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

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

thread Economy

Gold Outlook 2025 navigates a fine line influenced by rates, risk and growth

13 december 2024 - 12:41:19
London, UK (PANA) - Gold is poised for its best annual performance in more than a decade – up 28% [...] Full text...

thread Economy

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

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

thread Economy

Debt burden stifles development spending in Africa's poorer countries

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

thread Economy

Investing in health: Time for a rethink: World Bank Blog By Christoph Kurowski, Martin Schmidt and David B. Evans

09 november 2024 - 09:56:14
Washington DC, United States (PANA) – Countries are entering a critical phase in achieving the health Sustainable Development Goals (SDGs), [...] Full text...

thread Health

Gambia, IMF reach staff-level agreement on second review of ECF arrangement

05 november 2024 - 07:26:28
Banjul, Gambia (PANA) – International Monetary Fund (IMF} staff and the Gambian authorities have reached a staff-level agreement on economic [...] Full text...

thread Economy

How high economic uncertainty may threaten global financial stability: IMF Blog By Mario Catalán, Andrea Deghi and Mahvash S. Qureshi

20 october 2024 - 14:53:14
Washington, DC, United States (PANA) - Uncertainty is not as easily measured as traditional indicators like growth or inflation, but [...] Full text...

thread Economy

A Pact for the world’s poorest

18 october 2024 - 18:43:08
By Deodat MaharajManaging Director, United Nations Technology Bank for Least Developed Countries  New York, US (PANA) - Last month, world leaders [...] Full text...

thread Economy

Staying the course on reforms: Nigeria progresses amidst challenges

17 october 2024 - 10:11:01
Abuja, Nigeria (PANA) - Since May 2023, Nigeria has implemented significant reforms to stabilise its economy, resulting in modest growth, [...] Full text...

thread Economy

Global public debt Is probably worse than it looks: IMF Blog By Era Dabla-Norris, Davide Furceri, Raphael Lam, and Jeta Menkulasi

16 october 2024 - 11:04:22
Washington, DC, United States (PANA) - Global public debt is very high. It is expected to exceed $100 trillion, or [...] Full text...

thread Economy

South Africa moves to accommodate foreign workers

14 october 2024 - 10:50:15
Cape Town, South Africa (PANA) – The South African Minister of Home Affairs, Dr Leon Schreiber, has gazetted reforms to [...] Full text...

thread Economy

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

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

thread Economy

Sierra Leone needs fiscal consolidation measures to ensure sustainable economic environment: WB report

11 october 2024 - 06:22:46
Freetown, Sierra Leone (PANA) - Sierra Leone's economy grew by 5.7% in 2023, exceeding expectations, driven by strong performance in [...] Full text...

thread Economy

IMF, WB, WHO step up cooperation on pandemic preparedness

06 october 2024 - 05:59:49
Washington, DC, US (PANA) - The Heads of the International Monetary Fund (IMF), the World Bank Group (WBG), and the [...] Full text...

thread Health

Working from home is powering productivity: IMF article by Nicholas Bloom

02 october 2024 - 05:39:32
Washington, DC, United States (PANA) - Economics is famous for being the dismal science. Sadly, recent work highlighting the slowdown [...] Full text...

thread Society

World Bank report emphasises urgent need for Zambia to boost revenue mobilisation

24 september 2024 - 07:55:34
Lusaka, Zambia (PANA) - A new Public Finance Review (PFR) report has stressed the urgent need for Zambia to boost [...] Full text...

thread Economy

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

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

thread Economy

IMF Executive Board approves four-year US$3.4 billion Extended Credit Facility arrangement for Ethiopia

30 july 2024 - 11:47:18
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a four-year arrangement under [...] Full text...

thread Economy

IMF staff completes 2024 Article IV mission to Zimbabwe

28 june 2024 - 11:03:39
Harare, Zimbabwe (PANA) - Despite headwinds, Zimbabwe’s economy continues showing resilience but growth is expected to decelerate to about 2 [...] Full text...

thread Economy

World Bank offers US$700 million to help Egypt achieve sustainable, diversified and resilient growth

24 june 2024 - 08:13:39
Washington, DC, United States (PANA) - The World Bank has announced US$700 million in Development Policy Financing (DPF) for the [...] Full text...

thread Economy

IMF Board approves US$ 149.4 million budget support for Tanzania

21 june 2024 - 10:17:27
Dar es Salaam, Tanzania (PANA) – The International Monetary Fund (IMF) has completed the third review of the Extended Credit [...] Full text...

thread Economy

New WB financing for Nigeria’s inclusive growth, revenue diversification

14 june 2024 - 10:22:12
Abuja, Nigeria (PANA) – The World Bank on Thursday approved two operations: $1.5 billion for the Nigeria Reforms for Economic [...] Full text...

thread Economy

Guinea-Bissau: Blockchain Platform to strengthen wage bill management goes live

29 may 2024 - 18:28:25
Bissau, Guinea-Bissau (PANA) - Guinea-Bissau stands up as one of the first countries in sub-Saharan Africa to use blockchain digital [...] Full text...

thread Economy

Gambia’s economy shows resilience amid global challenges - World Bank

24 may 2024 - 16:18:21
Banjul, Gambia (PANA) - The Gambia's economy has shown a remarkable resilience in the face of heightened global and regional [...] Full text...

thread Economy

IMF team, Cape Verde reach staff-level deal on ECF, RSF review

11 may 2024 - 08:20:24
Praia, Cape Verde (PANA) - An International Monetary Fund {IMF) team and the Cape Verdean authorities have reached staff-level agreement [...] Full text...

thread Economy

World Bank provides additional support to food crisis response in Malawi

27 april 2024 - 13:46:15
Lilongwe, Malawi (PANA) - The World Bank is providing immediate support for millions of Malawians severely affected by the ongoing [...] Full text...

thread Environment

Learning from past shocks to scale up disaster and climate resilience in Algeria: World Bank Blog By Philipp Petermann and Ghizlane Aqariden

25 april 2024 - 09:01:50
Algiers, Algeria (PANA) - On 10 October 1980 a magnitude 7.1 earthquake destroyed the town of El Asnam (known today [...] Full text...

thread Environment

Africa’s economic activity set to rebound backed by growing consumption, declining inflation

14 april 2024 - 10:42:32
Dar es Salaam, Tanzania (PANA) - Economic activity is set to rebound in Sub-Saharan Africa, supported by increased private consumption [...] Full text...

thread Economy

Industrial policy is back but the bar to get it right is high: IMF Blog By Anna Ilyina, Ceyla Pazarbasioglu, Michele Ruta

12 april 2024 - 16:14:18
Washington DC, USA (PANA) - Governments have traditionally used targeted interventions known as industrial policy to make domestic producers more [...] Full text...

thread Economy

EU provides €1 billion macro-financial assistance to Egypt

12 april 2024 - 11:45:56
Brussels, Belgium (PANA) - The European Union (EU) will provide €1 billion of urgent short-term macro-financial assistance to Egypt to [...] Full text...

thread Society

African economies projected to grow by 3.4 % in 2024, but faster, more equitable growth needed to reduce poverty

08 april 2024 - 13:06:54
Washington, DC, United States (PANA) - Increased private consumption and declining inflation are supporting an economic rebound in Sub-Saharan Africa. However, [...] Full text...

thread Economy

Fiscal and financial risks of high debt, slow-growth world: IMF Blog By Tobias Adrian, Vitor Gaspar, Pierre-Olivier Gourinchas

29 march 2024 - 13:14:00
Washington, United States (PANA) - Higher long-term real interest rates, lower growth, and higher debt will put pressure on medium-term [...] Full text...

thread Economy

World Bank approves financing for economic management, statistics development in Djibouti

17 march 2024 - 06:10:03
Djibouti, Djibouti (PANA) - The World Bank has approved an additional financing of US$ 5 million for the Economic Management [...] Full text...

thread Economy

New Malawi Economic Monitor calls for commitment to economic reforms to sustain emerging recovery

27 february 2024 - 07:59:36
Lilongwe, Malawi (PANA)  – Malawi’s medium-term growth outlook is improving because of bold reforms undertaken by the government in 2023 [...] Full text...

thread Economy

Mauritius maintains post-pandemic favourable outlook for growth: IMF

24 february 2024 - 10:31:35
Port Louis, Mauritius (PANA) - The Mauritian economy rebounded strongly from the pandemic, while inflationary pressures eased in 2023, with [...] Full text...

thread Economy

Malawi's plan to create a stable, sustainable economy

10 february 2024 - 08:06:02
Lilongwe, Malawi (PANA) - Adherence to the authorities' macroeconomic adjustment and reform programme will help Malawi overcome current and future [...] Full text...

thread Economy

Malawi's plan to create a stable, sustainable economy

03 february 2024 - 10:47:45
Lilongwe, Malawi (PANA) - Adherence to the authorities' macroeconomic adjustment and reform program would help Malawi overcome current and future [...] Full text...

thread Economy

US commercial real estate remains a risk despite investor hopes for soft landing: IMF Blog By Andrea Deghi, Fabio Natalucci, and Mahvash S. Qureshi

19 january 2024 - 07:18:15
Washington, United States (PANA) - The commercial real estate sector has been under intense pressure globally as interest rates have [...] Full text...

thread Economy

IMF Board completes second review of Tanzania’s ECF, approves US$150.5 million disbursement

14 december 2023 - 07:39:33
Dar es Salaam, Tanzania (PANA) – Tanzania has secured US$ 150.5 million budget support from the International Monetary Fund (IMF) [...] Full text...

thread Economy

Continued reforms to boost macro-economic stability in Zimbabwe

13 december 2023 - 09:21:19
Harare, Zimbabwe (PANA)  - Zimbabwe’s economic growth is projected to slow to 3.5 percent in 2024, a decrease from 4.5 [...] Full text...

thread Economy

IMF encourages Cape Verde to adapt to challenges of climate change

12 december 2023 - 11:42:02
Praia, Cape Verde (PANA) - Cape Verde’s economic outlook is uncertain and subject to downside risks which could emanate from [...] Full text...

thread Economy

COP28: Climate action will boost Tunisia’s economy, says World Bank Report

30 november 2023 - 14:23:42
Tunis, Tunisia (PANA) - Water scarcity, coastal erosion and more frequent flooding are among Tunisia’s most pressing climate challenges, says [...] Full text...

thread Economy

High-level Generation Equality Africa regional meeting underlines commitment on financing for gender equality

22 november 2023 - 07:05:36
Dar es Salaam, Tanzania (PANA) - The High-level Generation Equality Africa Regional Meeting ended on Tuesday in Dar es Salaam, [...] Full text...

thread Gender

Cameroon 'remains resilient' in face of external shocks: IMF

18 november 2023 - 08:25:07
Yaoundé, Cameroon (PANA) - Cameroon has remained resilient in the face of successive external shocks and its real GDP growth [...] Full text...

thread Economy

Conflict, external shocks amplify obstacles to economic development of the Sahel and CAR

17 november 2023 - 08:58:48
Ouagadougou, Burkina Faso (PANA) - Countries in the Sahel comprising Burkina Faso, Chad, Mali, Mauritania, and Niger, along with neighbouring [...] Full text...

thread Economy

Tanzania struggles to safeguard economic recovery, prop up inclusive growth

04 november 2023 - 07:40:40
Dar es Salaam, Tanzania (PANA) - Tanzanian authorities and International Monetary Fund (IMF) staff have reached a staff-level agreement on [...] Full text...

thread Economy

Tough macroeconomic policies needed to stabilise Sierra Leone's economy: WB report

28 october 2023 - 11:58:07
Freetown, Sierra Leone (PANA) - Sierra Leone’s economy is projected to grow at 3.7% on average during 2023–25, below its [...] Full text...

thread Economy

Nigeria: Nigeria secures $1.5bn zero-interest World Bank loan

16 october 2023 - 20:32:12
Abuja, Nigeria (PANA) – Nigeria’s Federal Executive Council (FEC) met on Monday with the Minister of Finance and Coordinating Minister [...] Full text...

thread Economy

Wanted: One million good jobs for Togo’s youth: World Bank Blog

13 october 2023 - 08:37:35
Lomé, Togo (PANA) - Togo, a small country on Africa’s west coast, is home to a young and growing population. [...] Full text...

thread Society

IMF staff affirm tourism flows normalising the Seychelles economy

04 october 2023 - 07:23:34
Victoria, Seychelles (PANA) - Recovery of the Seychellois economy continues as tourism flows normalise and economic activity moves closer to [...] Full text...

thread Economy

World Bank reaffirms support for Burundi's macroeconomic reforms

09 september 2023 - 13:30:44
Bujumbura, Burundi (PANA)- The World Bank (WB) Vice President for Eastern and Southern Africa, Victoria Kwakwa, reaffirmed her institution's support [...] Full text...

thread Economy

Money laundering poses risk to financial sector stability: IMF Blog (By Pierre Bardin, Antoine Bouveret, Grace Jackson, Maksym Markevych)

06 september 2023 - 10:02:42
Washington DC, US (PANA) - Cross-border financial crime is here to stay. While people everywhere enjoy the convenience of a [...] Full text...

thread Economy

Efficient state-owned enterprises will boost Eswatini’s economic growth: WB report

08 august 2023 - 08:01:36
Mbabane, Eswatini (PANA) - Restructuring key state-owned enterprises (SOEs) in Eswatini will create new opportunities for the private sector and [...] Full text...

thread Economy

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

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

thread Economy

Urgent action needed to address macroeconomic imbalances, increase energy access in Malawi

19 july 2023 - 16:27:04
Lilongwe, Malawi (PANA) - Malawi’s path towards achieving the goals of its long-term development vision, Malawi 2063, remains feasible but [...] Full text...

thread Economy

Nigeria can seize the opportunity to realise its growth potential: WB

28 june 2023 - 06:40:59
Abuja, Nigeria (PANA) – Nigeria’s new administration has initiated critical reforms to address macroeconomic imbalances, thus opening a window of [...] Full text...

thread Economy

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

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

thread Agriculture

Madagascar receives $100 million WBG assistance for reforms, resilient growth

10 june 2023 - 11:00:38
Antananarivo, Madagascar (PANA) - The World Bank Group (WBG) Board of Directors has approved a $100 million credit for a [...] Full text...

thread Economy

Dakar to host a forum on food security and sustainable development in West Africa

05 june 2023 - 17:11:08
Cotonou, Benin(PANA) - Dakar will host a regional forum of intergovernmental organizations from West Africa next year to promote regional [...] Full text...

thread Society

WB report calls for maximised revenues from Africa’s natural resources

10 may 2023 - 10:54:48
Washington, DC, US (PANA) - In a time of energy transition and rising demand for metals and minerals, resource-rich governments [...] Full text...

thread Economy

Africa looks to tap resource wealth for sustainable development and transition to low-carbon economies

05 april 2023 - 13:25:00
Washington DC, US (PANA) - Growth across Sub-Saharan Africa remains sluggish, dragged down by uncertainty in the global economy, the [...] Full text...

thread Economy

Volatile commodity prices reduce growth, amplify swings in inflation

01 april 2023 - 12:04:37
Washington, DC, US (PANA) - Food and energy prices surged to near historic highs in recent years amid the pandemic [...] Full text...

thread Economy

Tunisia reforming energy subsidies to enhance economic resilience

30 march 2023 - 11:07:38
Tunis, Tunisia (PANA) - Tunisia's economic recovery slowed in 2022 while the current account and fiscal deficit rose amid mounting [...] Full text...

thread Economy

Volatile commodity prices reduce growth, amplify swings in inflation: IMF Blog

28 march 2023 - 19:14:54
Washington, DC, US (PANA) - Food and energy prices surged to near historic highs in recent years amid the pandemic [...] Full text...

thread Economy

Tanzania, IMF staff reach deal on Extended Credit Facility

24 february 2023 - 11:06:42
Dar es Salaam, Tanzania (PANA) – The Tanzanian economy is benefitting from improvements in the business environment, though it is [...] Full text...

thread Economy

Ensuring universal access to WASH means huge benefits for Tanzania

13 february 2023 - 11:04:21
Dar es Salaam, Tanzania (PANA) - Providing universal access to water, sanitation, and hygiene (WASH) could reduce Tanzania’s economic losses [...] Full text...

thread Society

Ghana finance minister urges govt bondholders to sign up to debt exchange programme

07 february 2023 - 06:54:25
Accra, Ghana (PANA) - As Ghana struggles to meet conditions for a bailout from the International Monetary Fund (IMF) to [...] Full text...

thread Economy

Presidential party to hold 'ordinary' congress in Burundi

20 january 2023 - 19:26:07
Bujumbura, Burundi (PANA) - The National Council for the Defence of Democracy/Forces for the Defence of Democracy (CNDD-FDD, party-state) has [...] Full text...

thread Politics

Kenya to end US$300 million bailouto Kenya Airways in 2023

20 january 2023 - 18:07:04
Nairobi, Kenya (PANA) - Kenya will end the US$300 million annual bailout of its national airline, Kenya Airways (KQ) in [...] Full text...

thread Economy

World Bank says 2023 global growth to slow to 1.7% from 3% expected six months ago

11 january 2023 - 17:29:24
Banjul, Gambia (PANA) - Global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, [...] Full text...

thread Economy

Ghana government exempts pension funds from Debt Exchange Programme

22 december 2022 - 18:56:25
Accra, Ghana (PANA) - The Government of Ghana on Thursday granted exemption to all pension funds in its Domestic Debt [...] Full text...

thread Economy

Nigeria's urgent choices to reduce vulnerability to crisis: World Bank

15 december 2022 - 13:51:04
Abuja, Nigeria (PANA) - Nigeria’s economy needs to grow faster to reduce poverty, the World Bank recommends in its latest [...] Full text...

thread Economy

Burundi Central Bank wants to curb galloping inflation

10 december 2022 - 15:12:17
Bujumbura, Burundi (PANA) - The Bank of Burundi (BRB) has initiated a series of monetary and exchange rate reforms, "taking [...] Full text...

thread Economy

IMF team to visit Ghana from Thursday

30 november 2022 - 17:33:07
Accra, Ghana (PANA) - An International Monetary Fund (IMF) staff team, led by Stéphane Roudet, mission chief for Ghana, will [...] Full text...

thread Economy

Ghana's finance minister announces raft of measures to resuscitate economy

24 november 2022 - 15:24:06
Accra, Ghana (PANA) - Ghana's Finance Minister, Ken Ofori-Atta, on Thursday presented the 2023 budget to Parliament which is seen [...] Full text...

thread Economy

Mauritius on path of strong economic recovery - Finance Minister

04 october 2022 - 08:55:28
Port-Louis, Mauritius (PANA) – The Mauritian Finance, Economic Planning and Development Minister, Renganaden Padayachy, on Monday said that the government [...] Full text...

thread Health

President Barrow says Gambian economy, growth rebounded to 4.5 per cent in 2021-

16 september 2022 - 18:07:39
Banjul, Gambia (PANA) - Gambian  President Adama Barrow has stated that despite the significant impact of the COVID-19 pandemic on the [...] Full text...

thread Economy

World Bank gives Guinea US$ 520 million

28 august 2022 - 15:41:56
Conakry, Guinea (PANA) - The World Bank has released US$520 million to Guinea for reforms of public finance management, stabilisation [...] Full text...

thread Economy

Cameroon’s economic outlook for 2022 remains positive despite ‘great uncertainties’ - IMF

26 july 2022 - 07:30:17
Yaoundé, Cameroon (PANA) – The Executive Board of the International Monetary Fund (IMF) has concluded the Second Reviews of the [...] Full text...

thread Economy

IMF approves first Gender Strategy

23 july 2022 - 06:37:26
Washington, DC, US (PANA) – The Executive Board of the International Monetary Fund (IMF)  has approved the IMF’s first Gender [...] Full text...

thread Gender

Chad implements IMF’s Enhanced General Data Dissemination System

19 july 2022 - 10:51:59
N'djamena, Chad (PANA) - Chad has implemented the recommendations of the International Monetary Fund (IMF) on Enhanced General Data Dissemination [...] Full text...

thread Economy

Communities in Horn of Africa struggle with cumulative shocks in face of starvation

13 june 2022 - 14:49:11
Dar es Salaam, Tanzania (PANA) - Communities in the Horn of Africa are facing the threat of starvation following four [...] Full text...

thread Environment

Kenya releases US$28 billion budget for 2022/2023

08 april 2022 - 10:18:11
Nairobi, Kenya (PANA) – Kenyan government has unveiled a new financial expenditure plan for 2022/23 projected at Ksh 3.3 trillion [...] Full text...

thread Economy

Mauritius Central Bank signs MOU on cooperation with Luxemburg financial agency

17 january 2022 - 09:10:15
Port Louis, Mauritius (PANA) - The Mauritius Central Bank and the Commission de Surveillance du Secteur Financier of Luxemburg (CSSF) [...] Full text...

thread Economy

Mauritius Minister deplores decline of women-owned businesses

26 october 2021 - 08:41:49
Port-Louis, Mauritius (PANA) – Mauritian Minister of Industrial Development, SMEs and Cooperatives, Mr Soomilduth Bholah, on Monday, deplored that women-owned [...] Full text...

thread Economy

Mauritius gov't striving to build a plastic-free country

19 october 2021 - 10:37:31
Port-Louis, Mauritius (PANA) - The Mauritian Minister of Environment, Solid Waste Management and Climate Change, Mr Kavydass Ramano, on Tuesday [...] Full text...

thread Environment

Coronavirus: IMF staff hail Guinea Bissau’s reform progress under pandemic compounded conditions

12 october 2021 - 10:59:15
Bissau, Guinea Bissau (PANA) – Guinea’s progress on its nine-month economic reform programme, which is monitored by the International Monetary [...] Full text...

thread Economy

IMF staff says Zambia urgently needs to restore sustainability

05 october 2021 - 09:30:58
Lusaka, Zambia (PANA) - In light of the deeply challenging macro-economic environment that prevails, the new administration in Zambia faces [...] Full text...

thread Economy

WB provides US$100 million to accelerate digital transformation, smart agriculture in Cameroon

29 september 2021 - 14:13:23
Yaoundé, Cameroon (PANA) – The World Bank has approved a credit from the International Development Association (IDA) for US $100 [...] Full text...

thread Economy

IGAD says number of food insecure countries risen by nearly 4 million since 2019

21 september 2021 - 09:50:37
Khartoum, Sudan (PANA) - The East African trade bloc, Inter-governmental Authority for Development (IGAD), says that an estimated 31.4 million [...] Full text...

thread Society

Coronavirus: IMF approves US$67.38 million emergency support to Equatorial Guinea

17 september 2021 - 10:03:33
Washington, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a disbursement of US$67.38 million [...] Full text...

thread Economy

IMF Managing Director approves SMP for policy reform in Guinea-Bissau

28 july 2021 - 08:34:03
Bissau, Guinea-Bissau (PANA) - The Managing Director of the International Monetary Fund (IMF) has approved a Staff-Monitored Programme (SMP) for [...] Full text...

thread Economy

Ramaphosa visits scene of violent protests in South Africa

16 july 2021 - 13:32:33
Cape Town, South Africa (PANA) – South African President Cyril Ramaphosa on Friday visited the scene of Durban’s violent protests [...] Full text...

thread Society

' High food prices making it hard for millions of families to get enough to eat'

09 july 2021 - 07:05:53
Rome, Italy (PANA) - Job losses caused by the COVID-19 pandemic combined with high food prices are making it hard [...] Full text...

thread Agriculture

New economic analysis calls for affordable ICT for youth, women, and rural communities in Malawi

25 june 2021 - 16:05:42
Lilongwe, Malawi (PANA) - Malawi’s low levels of electricity access, high internet prices, unpredictable connectivity, high cost of smart devices, [...] Full text...

thread Economy

EU set to ease Burundi's economic pain

23 june 2021 - 21:50:43
Bujumbura, Burundi (PANA) - The European Union (EU) is set to lift the first economic embargo against Burundi in 43 [...] Full text...

thread Politics

IMF reaches staff level deal with Cameroon on new economic support arrangements

28 may 2021 - 10:44:49
Yaoundé, Cameroon (PANA) – Cameroon has shown resilience in the face of the COVID-19 pandemic, but still faces significant challenges, [...] Full text...

thread Economy

Ratings agency flags South Africa concerns

18 may 2021 - 18:05:36
Cape Town, South Africa (PANA) – Global ratings agency, Moody’s, on Tuesday warned that low economic growth and rising debt [...] Full text...

thread Economy

African Energy Chamber calls for solution to cowardly attacks in northern Mozambique

26 april 2021 - 15:52:44
Johannesburg, South Africa (PANA) – The African Energy Chamber (AEC) on Monday called on Total and its international partners to [...] Full text...

thread Economy

Coronavirus: IMF avails US$ 174.2 million emergency assistance for South Sudan

01 april 2021 - 08:00:59
Juba, South Sudan (PANA) – The International Monetary Fund (IMF) is helping South Sudan with a disbursement of US$ 174.2 [...] Full text...

thread Economy

Libyan media discuss expectations on effects of reconciliation between Arab Gulf countries and White House on Libyan crisis

10 january 2021 - 14:53:41
Tripoli, Libya (PANA) - The expectations of Libyans regarding the impact of the recent reconciliation among Arab Gulf countries and [...] Full text...

thread Press Review

Coronavirus: Africa trade to drop drastically due to lockdowns - Afreximbank

16 december 2020 - 19:48:58
Cairo, Egypt (PANA) - African trade is expected to contract significantly following  the closure of borders, air transport and the [...] Full text...

thread Economy

Significant food price hikes push currency weakening in Africa

03 november 2020 - 23:52:03
Addis Ababa, Ethiopia (PANA) - A significant rise in the cost of food during the coronavirus pandemic (COVID-19) has ignited [...] Full text...

thread Economy

Niger, partners did great job on follow-up of flood victims – EU Official

23 october 2020 - 22:16:17
Niamey, Niger (PANA) - The ambassador and chief of the European Union (EU) delegation, Dr. Denisa Elena Ionee Friday hailed [...] Full text...

thread Society

Coronavirus: Ramaphosa to announce SA economic stimulus package

12 october 2020 - 12:35:32
Cape Town, South Africa (PANA) – President Cyril Ramaphosa is this week expected to unveil a massive stimulus package to [...] Full text...

thread Economy

IMF approves Sudan’s reform programme heading for debt relief

24 september 2020 - 09:32:34
Khartoum, Sudan (PANA) - The Executive Board of the International Monetary Fund (IMF) has endorsed Sudan’s Staff-Monitored Programme (SMP) which [...] Full text...

thread Economy

Nigerien president commends establishment of AfCFTA secretariat in Ghana

18 august 2020 - 17:32:18
Niamey, Niger (PANA) - President Issoufou Mahamadou of Niger has welcomed the establishment of the Secretariat of the African Free [...] Full text...

thread Economy

Coronavirus: ADF approves US$165 million grant for Ethiopia's national COVID-19 emergency response

03 july 2020 - 14:52:42
Addis Ababa, Ethiopia (PANA) - The Board of Directors of the African Development Fund (ADF) on 3 July, 2020, approved [...] Full text...

thread Health

Zimbabwe's main opposition leader, Nelson Chamisa, calls on citizens to protest peacefully

26 june 2020 - 16:54:20
Harare, Zimbabwe (PANA) - Nelson Chamisa, Zimbabwe's Alliance leader of the main opposition Movement for Democratic Change (MDC), has called [...] Full text...

thread Politics

Sudan Partnership Conference pledges over 1.8 billion dollars in support for the Sudan

26 june 2020 - 00:11:09
Khartoum, Sudan(PANA) - The Sudan partnership conference held via videoconference in Berlin, Germany, Thursday ended with a strong political and [...] Full text...

thread Economy

Coronavirus: Botswana’s private sector implored to proactively fight COVID-19 impacts

25 june 2020 - 12:48:16
Gaborone, Botswana (PANA) - Financial services provider, Stanbic Bank Botswana has implored the local business community to aggressively innovate against [...] Full text...

thread Economy

Coronavirus: World Bank grants Tunisia financial support of US$ 175 million

15 june 2020 - 16:55:52
Tunis, Tunisia (PANA) - The World Bank has approved budget support of US$ 175 million to help Tunisia cope with [...] Full text...

thread Economy

France to support an ambitious EU-ACP agreement

11 june 2020 - 18:49:15
Paris, France (PANA) - The French minister of State for Foreign Affairs, Jean-Baptiste Lemoyne, has said that France supports the [...] 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

Will oil-rich African countries be left indebted after coronavirus outbreak?

25 april 2020 - 01:09:01
Nairobi, Kenya (PANA) - Humanity is witnessing some of the most profound changes seen since the Great Depression as a [...] Full text...

thread Economy

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

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

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

AfDB notes lack of reform coordination in Zimbabwe government

26 february 2020 - 14:48:23
Harare, Zimbabwe (PANA) - The African Development Bank (AfDB) has said the Zimbabwe government lacks reform coordination and urged the [...] Full text...

thread Economy

IMF mission says Equatorial Guinea’s overall fiscal balance improved in 2019

15 february 2020 - 09:06:34
Malabo, Equatorial Guinea (PANA) – Authorities in Equatorial Guinea are making progress with programme implementation in the macro-fiscal area and [...] Full text...

thread Economy

Mauritius: AXYS Stockbroking publishes report on economic impact of coronavirus

11 february 2020 - 15:52:45
Port-Louis, Mauritius (PANA) - AXYS Stockbroking, a branch of the financial group AXYS, one of the leading portfolio management companies [...] Full text...

thread Economy

Africa adopts position on recovery of illicit assets

10 february 2020 - 23:30:38
Banjul, Gambia (PANA) - Countries meeting at the African Union (AU)’s 33rd assembly in Addis Ababa, Ethiopia, Monday adopted a [...] Full text...

thread Economy

Sub-Saharan Africa faces grave hunger challenges in 2020: UN food relief agency

31 december 2019 - 19:19:34
Dar es Salaam, Tanzania (PANA) - At the dawn of the next decade, a new World Food Programme (WFP) forecast [...] Full text...

thread Agriculture

Fitch downgrades Nigeria's credit rating from 'stable' to 'negative'

22 december 2019 - 05:24:27
Abuja, Nigeria (PANA) – Fitch Ratings, the international credit rating agency, has revised the outlook on Nigeria’s long-term foreign currency [...] Full text...

thread Economy

EU disburses 22 million Euros of budget support to the national treasury of the Gambia

20 december 2019 - 00:02:06
Banjul, Gambia (PANA)  -  European Union budget support and technical assistance have contributed to macro-economic stability, economic governance and supported [...] Full text...

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Togo's economic recovery efforts firm up - IMF mission

18 december 2019 - 18:02:19
Lomé, Togo (PANA) - Togo's economic recovery is strengthening, according to an International Monetary Fund (IMF) staff mission that visited [...] Full text...

thread Economy

Minister notes role of SMEs in Botswana's economic diversification

17 december 2019 - 18:26:10
Gaborone, Botswana (PANA) - Botswana's Acting Minister of Investment, Trade and Industry, Karabo Socraat Gare, has lauded the International Trade Centre [...] Full text...

thread Economy

IMF Board says Mauritania registers strong growth, set to accelerate to 6.9% this year

12 december 2019 - 19:05:16
Nouakchott, Mauritania (PANA) - The Executive Board of the International Monetary Fund (IMF) on Wednesday completed the fourth review of [...] Full text...

thread Economy

EU stresses inclusion of marginalization victims in Sudan’s transition efforts

09 december 2019 - 14:11:13
Brussels, Belgium (PANA) – For the authorities in Khartoum to guarantee the long-term stability of Sudan, the country’s transition should [...] Full text...

thread Society

WAICA Education Forum opens in Banjul

21 november 2019 - 19:11:31
Banjul, Gambia (PANA) - West African Insurance Companies Association (WAICA) forum on Education opened at a local hotel on Thursday, [...] Full text...

thread Economy

Benin expects macroeconomic indicators to improve in 2020

17 november 2019 - 11:02:08
Cotonou, Benin (PANA) - Benin is looking forward to further improving its macroeconomic indicators in 2020, according to the draft [...] Full text...

thread Economy

Artificial intelligence lags behind in Botswana while cyber crime soars

15 november 2019 - 15:06:32
Gaborone, Botswana (PANA) - The global technology landscape is growing at an exceedingly great extent, with fraud and identity theft [...] Full text...

thread Economy

IMF has US$20m in the pipeline for Sierra Leone

15 november 2019 - 12:55:27
Freetown, Sierra Leone (PANA) – An International Monetary Fund (IMF) mission and the Government of Sierra Leone have reached preliminary [...] Full text...

thread Economy

Botswana youth to get lifeline in investment

13 november 2019 - 19:05:55
Gaborone, Botswana (PANA) - In an attempt to leapfrog into the Fourth Industrial Revolution (4IR), Botswana will be hosting the [...] Full text...

thread Economy

Tunisian growth rate estimated at 2.6% in 2020 against 1.5% in 2019

07 november 2019 - 17:47:30
Tunis, Tunisia (PANA) - Economic growth in Tunisia will reach 2.6 percent in 2020, compared with the 1.5 percent in [...] Full text...

thread Economy

Gambia plans to roll out National Health Insurance Scheme in 2020

06 november 2019 - 14:55:53
Banjul,Gambia (PANA)- The Gambia government has discussed and approved the 2020 budget estimates as well as the  development plans, including [...] Full text...

thread Health

UN to inaugurate the first rapid analysis laboratory in Tunis

04 november 2019 - 18:03:54
Tunis, Tunisia (PANA) - The resident representative of the United Nations Development Program (UNDP) in Tunisia, Steve Utterwulghe, will Tuesday [...] Full text...

thread Economy

Western states pledge support for planned reforms of Sudan’s economy

24 october 2019 - 12:20:35
Khartoum, Sudan (PANA) - Assistant Secretary for U.S. Department of State's Bureau of African Affairs, Tibor Nagy, says his country [...] Full text...

thread Economy

Burkina Faso experiences mining boom as production increases

23 october 2019 - 10:54:20
Ouagadougou, Burkina Faso (PANA) - The West African state of Burkina Faso is experiencing a mining boom characterized by a [...] Full text...

thread Economy

WB pessimistic for Libya’s economy

17 october 2019 - 21:55:47
WB forecasts gloomy picture of Libya’s economy   Tripoli, Libya (PANA)  -  The World Bank Thursday predicted a  very “pessimistic” picture for [...] Full text...

thread Economy

'African governments need progressive policies', New IMF Boss says

17 october 2019 - 17:10:44
Washington D.C, USA (PANA) - Newly-appointed International Monetary Fund (IMF) managing director, Kristalina Georgieva, says the Fund under her leadership [...] Full text...

thread Economy

IMF underscores transparent, prudent revenue management in Mauritania

12 october 2019 - 09:07:40
Nouakchott, Mauritania (PANA) – While economic growth in Mauritania could exceed 6 percent next year, continued prudent policies are needed [...] Full text...

thread Economy

EU grants five million euros to Finnish Red Cross to support 76,500 food insecure Zimbabweans

09 october 2019 - 23:28:05
New York, USA (PANA)  -  The European Union (EU) Wednesday granted five million euros in financial aid to the Finnish [...] Full text...

thread

Mauritius sets up SME Observatory for data collection

30 september 2019 - 13:02:56
  Port-Louis, Mauritius (PANA) – SME Mauritius, a government body, will soon set up an observatory to serve as the main repository of [...] Full text...

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Mauritanian government promises safety of public finances

26 august 2019 - 22:26:19
Nouakchott, Mauritania (PANA)   -  Mauritania’s Minister of Finances Mohamed Lemine Dhehbi Monday assured the public that the country’s financial situation [...] Full text...

thread Economy

Chinese experts visit Zimbabwe to help government on "strategic plans"

22 august 2019 - 15:35:27
Harare, Zimbabwe (PANA) - The Development Research Centre of the State Council (DRC) of the People’s Republic of China has [...] Full text...

thread Economy

Tunisia records 1.1% economic growth in first half of 2019

16 august 2019 - 15:02:07
Tunis, Tunisia (PANA) - Tunisia recorded an economic growth of 1.1% in the first half of 2019 compared to 2.6% [...] Full text...

thread Economy

Mass movements of Zimbabweans to South Africa loom - Report

11 august 2019 - 11:49:38
Harare, Zimbabwe (PANA) - American based humanitarian organization, Refugees International (RI), has revealed to PANA that aid officials expect South [...] 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

Zimbabwe Peace Project says food aid is being distributed along party lines

06 august 2019 - 14:30:56
Harare, Zimbabwe (PANA) - Zimbabwe Peace Project (ZPP) has reported that food aid continues to be deprived to communities based [...] Full text...

thread

Old and forgotten, social protection for Zimbabwe's pension -Analysis by PANA Correspondentclines

06 august 2019 - 13:47:00
Harare, Zimbabwe (PANA) - As the Zimbabwe dollar continues to devalue, pensioners are slowly coming to terms with the reality [...] Full text...

thread Society

Social protection interventions in Zimbabwe generally under and irregularly financed

04 august 2019 - 15:52:32
Harare, Zimbabwe (PANA)   -   Social protection interventions are generally under and irregularly financed due to lack of cohesion on how [...] Full text...

thread Society

Digital solutions could be key to end hunger in Africa - Report

12 july 2019 - 19:27:22
Kigali, Rwanda (PANA) -  Strategic use of digital technologies can be a game changer in accelerating sustainable agricultural transformation in [...] Full text...

thread Agriculture

Zimbabwe's Rural Teachers Union demands higher wages than "paltry" gov't offers

11 july 2019 - 15:57:35
Harare, Zimbabwe (PANA) - The Amalgamated Rural Teachers Union of Zimbabwe (ARTUZ) has implored “genuine Trade Unions” to join them in demanding [...] Full text...

thread Economy

The number of starving Zimbabweans has increased to nearly seven million

10 july 2019 - 15:14:25
Harare, Zimbabwe (PANA) - Nearly seven million Zimbabweans are now facing hunger, a sharp increase from what the United Nations [...] Full text...

thread Society

‘Marco-economic environment remains highly volatile in Zimbabwe’

09 july 2019 - 14:34:45
Harare, Zimbabwe (PANA) - The Zimbabwe macro-economy remains highly volatile and continues to deteriorate, an updated outlook report from FEWS [...] Full text...

thread Economy

Zimbabwe Finance Minister Mthuli Ncube dares legal experts over challenging SI 142 of 2019

08 july 2019 - 17:35:12
Harare, Zimbabwe (PANA) - Finance minister, Mthuli Ncube, has called litigations in the courts over his promulgation of Statutory Instrument [...] Full text...

thread Economy

AU Summit on African Continental Free Trade Area opens in Niger on Sunday

06 july 2019 - 12:22:24
Niamey, Niger (PANA) - Niger hosts the African Union Heads of State and Government Summit on Saturday and Sunday, which [...] Full text...

thread Economy

Cape Verde records 5.5 percent economic growth

04 july 2019 - 15:13:02
Praia, Cape Verde (PANA) - The Cape Verdean economy recorded a 5.5% volume growth in 2018, after a slowdown in [...] Full text...

thread Economy

Sub-Saharan Africa GDP expected to grow in 2019-2020 period - Report

01 july 2019 - 13:01:58
Nairobi, Kenya (PANA) - Gross Domestic Product (GDP) growth in Sub-Saharan Africa is expected to grow by 2.9 percent and [...] Full text...

thread Economy

Zimbabwe Congress of Trade Unions evokes Tripartite Negotiating Forum over devaluing salaries

19 june 2019 - 04:25:44
Harare, Zimbabwe (PANA) - Zimbabwe Congress of Trade Unions (ZCTU) has evoked the recently signed Tripartite Negotiating Forum (TNF) Act [...] Full text...

thread Society

Afreximbank wins African Bank of the year 2019

12 june 2019 - 10:57:26
Abidjan, Côte d'Ivoire (PANA) - African Export Import Bank (Afreximbank) was on Tuesday named the African Bank the year 2019 [...] Full text...

thread Economy

DR Congo's President Felix Tshisekedi reviews economic cooperation with IMF

04 june 2019 - 20:54:54
Kinshasa, DR Congo (PANA)   -   The president of Democratic Republic of Congo (DRC), Felix Antoine Tshisekedi Tshilombo, Tuesday held talks [...] Full text...

thread Economy

Zimbabwe Govt loses faith in its own currency

31 may 2019 - 18:36:04
Harare, Zimbabwe (PANA) - Some government departments and parastatals have adopted a two tier pricing model to include US dollars [...] Full text...

thread Economy

Gambian economy very promising, growing at six percent - World Bank country director

22 may 2019 - 23:11:02
Banjul, Gambia (PANA)  -   Ms Louise Cord, outgoing World Bank country director to The Gambia, said here Wednesday the Gambian [...] Full text...

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Mauritania’s growth programme entrenches macroeconomic stability

21 may 2019 - 09:21:47
Nouakchott, Mauritania (PANA) – With its economic growth projected to accelerate to 6.7 percent in 2019, Mauritania has embarked upon [...] Full text...

thread Economy

President Felix Tshisekedi launches works for first seminar of provincial governors

13 may 2019 - 23:24:59
Kinshasa, DR Congo (PANA)   -   President Felix Antoine Tshisekedi Tshilombo Monday launched a guidance seminar for governors and deputy-governors of [...] Full text...

thread Politics

Economic development must show real impact on people’s lives - President Barrow

13 may 2019 - 20:53:49
Banjul, Gambia(PANA)  -  Gambian President Adama Barrow told International Monetary Fund (IMF) delegations Monday that economic development was meaningless without [...] Full text...

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Over 200 million West Africans live below poverty line – UNECA Official

07 may 2019 - 16:10:55
Monrovia, Liberia (PANA) - Over 200 million people in West Africa live below the national poverty line, according to a [...] Full text...

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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

UN writes to Liberia on development assistance ties

01 may 2019 - 11:59:09
Monrovia, Liberia (PANA) – The United Nations has informed the Government of Liberia that that accountability remains a hallmark in [...] Full text...

thread Economy

IMF Board encourages Mauritius to enhance fiscal credibility

25 april 2019 - 08:14:54
Port Louis, Mauritius (PANA) – Welcoming Mauritius’ steady economic growth momentum and broadly positive macroeconomic outlook, Executive Directors of the [...] Full text...

thread Economy

Zimbabwe's agricultural sector losing US$126 million per year to bad weather -WB

07 april 2019 - 14:35:03
Harare, Zimbabwe (PANA) -  The World Bank says Zimbabwe’s agricultural sector loses US$126 million per annum due to production risks [...] Full text...

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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

West African region economic growth below continental average, says AfDB

03 april 2019 - 23:38:16
Abuja, Nigeria (PANA) – The African Development Bank (AfDB) Wednesday projected the overall economic growth in West Africa to rise [...] Full text...

thread Economy