The government appointed by the Libyan Parliament denounces ‘unfounded’ accusations by UNSMIL

28 june 2025 - 11:08:59
Benghazi, Libya (PANA) - The government appointed by the Libyan House of Representatives (Parliament) based in the east, has claimed [...] Full text...

thread Politics

Cape Verde: Unlocking inclusive growth through increased resilience and equal opportunities

24 june 2025 - 08:47:33
Praia, Cape Verde (PANA) - Cape Verde’s economy continues on a strong recovery path, according to the latest Cabo Verde [...] Full text...

thread Economy

AU calls for urgent steps to arrest economic stagnation caused by climate change

23 june 2025 - 12:26:27
Windhoek, Namibia (PANA) - African countries must urgently shift their strategic view on the the financing for climate action from [...] Full text...

thread Environment

IMF reviews Burkina Faso’s ECF arrangement; states ‘policy framework remains strong’

21 june 2025 - 11:45:40
Ouagadougou, Burkina Faso (PANA) - The International Monetary Fund (IMF) Executive Board completed on Friday the third review under the [...] Full text...

thread Economy

OCHA kick-starts second phase of its Humanitarian Reset programme

20 june 2025 - 12:49:54
Geneva, Switzerland (PANA) -  The Inter-Agency Standing Committee (IASC) on humanitarian affairs has paid tribute to the dignity and courage [...] Full text...

thread Society

Strengthening social protection, economic resilience in Mauritania for sustainable and inclusive growth

20 june 2025 - 07:06:28
Nouakchott, Mauritania (PANA) - The World Bank Group has released the eighth edition of its Mauritania Economic Update, highlighting the [...] Full text...

thread Economy

Djibouti implements enhanced General Data Dissemination System of IMF

19 june 2025 - 10:27:22
Washington, DC, United States (PANA) - With the successful launch of the new data portal—the National Summary Data Page (NSDP)—Djibouti [...] Full text...

thread Economy

IMF approves resilience and sustainability facility arrangement for Gambia

19 june 2025 - 10:25:55
Banjul, Gambia (PANA) –The International Monetary Fund (IMF) Executive Board has approved a new 18-month arrangement under the Resilience and [...] Full text...

thread Economy

World Economic Forum: Global energy transition gains ground, but security and capital challenges persist

18 june 2025 - 14:38:39
Geneva, Switzerland– Global progress towards secure, equitable and sustainable energy is accelerating after years of sluggish gains, according to a [...] Full text...

thread Economy

Libyan PM promises compensation for municipality in Tripoli damaged by recent fighting

18 june 2025 - 12:57:17
Tripoli, Libya (PANA) - The Libyan Prime Minister, Abdulhamid Al Dbaiba, has stressed the need to speed up the work [...] Full text...

thread Politics

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

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

thread Agriculture

IMF staff concludes visit to Liberia

18 june 2025 - 09:23:51
Monrovia, Liberia (PANA) - An International Monetary Fund (IMF) staff team, led by Mr. Daehaeng Kim, Mission Chief for Liberia, [...] Full text...

thread Economy

IMF completes reviews of Seychelles economic performance

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

thread Economy

Libyan Presidential Council chairman stresses matching UN mission's roles with aspirations of the people

16 june 2025 - 11:32:37
Tripoli, Libya (PANA) - The President of the Libyan Presidential Council, Mohamed al-Manfi, has stressed the importance of ensuring that [...] Full text...

thread Politics

ICC judges express support for colleagues sanctioned by US

13 june 2025 - 07:41:09
The Hague, Netherlands (PANA) - Judges at the International Criminal Court (ICC) expressed solidarity with their colleagues who have recently [...] Full text...

thread Society

Children and Armed Conflict: Progression, Regression or Maintenance of the Agenda?

12 june 2025 - 19:40:44
Geneva, Switzerland PANA) - This report examines whether the children and armed conflict agenda—which is considered one of the Security [...] Full text...

thread

Global gender gap closes at fastest rate since pandemic, led by economic and political advances

12 june 2025 - 10:36:48
Geneva, Switzerland (PANA) – The global gender gap has closed to 68.8%, marking the strongest annual advancement since the COVID-19 [...] Full text...

thread Gender

Most of the developing world is turning into a development-free zone: World Bank Blog By Indermit Gill, Chief Economist of the World Bank Group and Senior Vice President for Development Economics and M. Ayhan Kose, Deputy Chief Economist of the World Bank Group and Director of the Prospects Group, Development Economics

11 june 2025 - 07:45:28
Washington, DC, USA (PANA) - Only six months ago, a “soft landing” appeared to be in sight: the global economy [...] Full text...

thread Economy

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

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

thread Economy

Guterres calls for end to ocean ‘plunder’ as UN summit opens in France

09 june 2025 - 11:54:49
Nice, France (PANA) - With the Mediterranean glittering in the background, UN Secretary-General António Guterres opened the third United Nations [...] Full text...

thread Environment

Kenyan rights activists slam Police for running 'death chamber' after death of blogger

09 june 2025 - 10:39:26
Nairobi, Kenya (PANA) - The Kenyan police are back in the public spotlight following the death of a man, identified [...] Full text...

thread Society

Carbon emissions skyrocket with the rise of AI

08 june 2025 - 07:30:58
New York, US (PANA) - Carbon emissions from the tech sector have continued to rise in recent years, fueled by [...] Full text...

thread Environment

Ghana sues for stronger institutions to combat corruption in Africa

07 june 2025 - 07:31:16
Accra, Ghana (PANA) - Ghanaian Vice President Prof. Naana Jane Opoku-Agyemang on Friday called for the strengthening of the institutions, [...] Full text...

thread Society

World Bank economic update examines fiscal challenges in Guinea-Bissau

04 june 2025 - 08:34:22
Bissau, Guinea Bissau (PANA) – The World Bank has released the latest edition of the Guinea-Bissau Economic Update (EU), a [...] Full text...

thread Economy

DRC's Inga 3 energy project to start with investments in local communities

04 june 2025 - 08:32:00
Washington DC, USA (PANA) - The World Bank Board of Executive Directors has approved a $250 million credit from the [...] Full text...

thread Economy

Algeria boosts productivity to achieve sustainable, diversified growth

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

thread Economy

ILO sheds light on potential risks of online work

03 june 2025 - 05:44:32
Geneva, Switzerland (PANA) - The potential pitfalls of online platforms will be one key area for debate as governments, employers, [...] Full text...

thread Economy

2024/25 CAF CL: Pyramids beat Sundowns to win first-ever Champions League title

01 june 2025 - 19:40:05
Cairo, Egypt (PANA) - Pyramids FC clinched their maiden TotalEnergies CAF Champions League title with a 2-1 victory over South [...] Full text...

thread Sports

Ethiopian authorities, IMF mission reach staff-level deal on policies for ECF review

31 may 2025 - 11:55:33
Add Ababa, Ethiopia (PANA) – International Monetary Fund (IMF) staff and the Ethiopian authorities have reached staff-level agreement on economic [...] Full text...

thread Economy

Kenya modernises electricity grid to enhance power trade in Eastern Africa

30 may 2025 - 21:49:18
Nairobi, Kenya (PANA) - Kenya is pursuing the modernisation of its national electricity power grid through an Euros 82 million [...] Full text...

thread

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

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

thread Economy

Kenya can cut public debt-to-GDP ratio by a third, generate jobs if it prioritises fiscal, governance, and structural reforms

27 may 2025 - 08:40:28
Nairobi, Kenya (PANA) - Kenya’s fiscal policy could be better used to create more and better jobs, strengthen the social [...] Full text...

thread Economy

2024/25 CAF CL: El Karti’s late header rescues draw for Pyramids in Champions League final first leg

25 may 2025 - 09:02:02
Pretoria, South Africa (PANA) - South African club, Mamelodi Sundowns, were denied a first-leg victory in the 2024/25 TotalEnergies CAF [...] Full text...

thread Sports

Structural vulnerabilities weaken economic growth of Comoros - IMF

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

thread Economy

Cape Verde takes strategic steps to strengthen fiscal sustainability and create fiscal space

22 may 2025 - 07:53:50
Praia, Cape Verde (PANA) – The Government of Cape Verde (GoCV) is undertaking a series of reforms to strengthen fiscal [...] Full text...

thread Economy

CAR implements the Enhanced General Data Dissemination System of IMF

20 may 2025 - 08:47:27
Washington, DC, United States (PANA) - With the successful launch of the new data portal—the National Summary Data Page (NSDP) [...] Full text...

thread Economy

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

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

thread Economy

Zambia’s economic recovery gaining pace: IMF

17 may 2025 - 09:36:40
Lusaka, Zambia (PANA) - An International Monetary Fund (IMF) team has completed discussions with the Zambian authorities on economic performance [...] Full text...

thread Economy

IMF reaches staff-level agreement with Cape Verde on ECF review

15 may 2025 - 14:20:19
Praia, Cape Verde (PANA) - International Monetary Fund (IMF) staff and Cape Verdean authorities have reached a staff-level agreement on [...] Full text...

thread Economy

IMF staff find a deteriorating outlook posing risks in Angola

15 may 2025 - 09:05:14
Luanda, Angola (PANA) - Angola’s economic growth for 2024 was strong, but the outlook has deteriorated posing risks, according to [...] Full text...

thread Economy

Eight million teens in world's wealthiest countries functionally illiterate: UNICEF

15 may 2025 - 08:06:01
New York, US (PANA) - Children in many of the world’s wealthiest countries saw marked declines in their academic performance, [...] Full text...

thread Society

2025 CAF U-20 AFCON: Egypt survive late scare to knock out Ghana on penalties

12 may 2025 - 19:04:43
Cairo, Egypt (PANA) - Egypt booked their place in the semi-finals of the TotalEnergies CAF U20 Africa Cup of Nations, [...] Full text...

thread Sports

IMF, Mauritania reach staff-level deal on ECF, EFF, RSF supported programmes

10 may 2025 - 10:23:55
Washington, DC, United States (PANA) - An International Monetary Fund (IMF) team, led by Felix Fischer, visited Nouakchott and Nouadhibou [...] Full text...

thread Economy

2025 CAF U-20 AFCON: Sharaf strike sends Egypt through as Tanzania bow out winless

09 may 2025 - 21:49:07
Cairo, Egypt (PANA) - Egypt sealed their place in the quarter-finals of the TotalEnergies CAF U20 Africa Cup of Nations [...] Full text...

thread Sports

2025 CAF U-20 AFCON: Nigeria through to knockout stage after Kenya draw

07 may 2025 - 18:11:47
Cairo, Nigeria (PANA) - Nigeria booked their place in the quarter-finals of the TotalEnergies CAF U20 Africa Cup of Nations [...] Full text...

thread Sports

2025 CAF U-20 AFCON: Makanza brace fires DR Congo to 3-1 triumph over Central African Republic

06 may 2025 - 09:01:27
Cairo, Egypt (PANA) - DR Congo secured a convincing 3-1 victory over Central African Republic (CAR) in Group C of [...] Full text...

thread Sports

2025 CAF U-20 AFCON: Tunisia bounce back to beat Kenya and revive hopes

05 may 2025 - 07:38:29
Cairo, Egypt (PANA) - Tunisia came from behind to claim a much-needed 3-1 victory over Kenya in their second Group [...] Full text...

thread Sports

2025 CAF U-20 AFCON: Defending champions Senegal held by resilient Central African Republic

03 may 2025 - 05:03:32
Cairo, Egypt (PANA) - TotalEnergies CAF U-20 Africa Cup of Nations reigning champions, Senegal, were held to a 1-1 draw [...] Full text...

thread Sports

2025 CAF U-20 AFCON: Ibrahim Kamara show stuns hosts Egypt

01 may 2025 - 07:38:19
Cairo, Egypt (PANA) - It was the Ibrahim Kamara show on Wednesday evening, as the Sierra Leone captain put up [...] Full text...

thread Sports

2025 CAF U-20 AFCON: Zambia and Sierra Leone battle to goalless draw

28 april 2025 - 05:28:34
Cairo, Egypt (PANA) - Zambia and tournament debutants Sierra Leone played out a 0-0 draw in the opening match of [...] Full text...

thread Sports

Ghana girls, Tanzania boys crowned CAF African Schools Football champions

27 april 2025 - 07:23:18
Accra, Ghana (PANA) - Ghana’s U-15 Girls team and Tanzania’s U-15 Boys team were crowned champions of the CAF African [...] Full text...

thread Sports

IMF, Gambia reach Staff-Level agreement on RSF arrangement and Third review under ECF arrangement

17 april 2025 - 10:56:31
Washington, DC, US (PANA) - The Gambian authorities and a team of the International Monetary Fund (IMF) have reached a [...] Full text...

thread Economy

IMF, Malagasy officials reach staff-level deal on reviews of ECF and RSF plans

16 april 2025 - 10:10:29
Antananarivo, Madagascar (PANA) – Malagasy authorities and the International Monetary Fund staff have reached a staff-level agreement on policies to [...] Full text...

thread Economy

IMF mission, Ghanaian authorities reach staff-level agreement on Fourth Review of Extended Credit Facility

15 april 2025 - 10:08:02
Accra, Ghana (PANA) - An International Monetary Fund (IMF) staff team, led by Mr. Stéphane Roudet, Mission Chief for Ghana, and [...] Full text...

thread Economy

Are Apps a game changer for women’s business training? A cautionary tale from Ethiopia: World Bank Blog By Rachel Cassidy, Menaal Ebrahim and Diego Ubfal

12 april 2025 - 10:43:51
Addis Ababa, Ethiopia (PANA) - Digital platforms can scale quickly, reduce costs, and offer flexibility that might better suit women’s [...] Full text...

thread Society

2025 CAF U-17 AFCON: Tapsoba hat-trick fires rampant Burkina Faso to reach last four

11 april 2025 - 07:36:58
Casablanca, Morocco (PANA) - Burkina Faso delivered a commanding performance on Thursday evening, thrashing Zambia 6-1 in the quarter-finals of [...] Full text...

thread Sports

Kenya Police uses force to stop staging of school drama ‘echoes of war'

10 april 2025 - 20:33:26
Nairobi, Kenya (PANA) – The Police used teargas to disperse crowds, dignitaries, journalists and residents of Nakuru, Kenya's fourth city, [...] Full text...

thread Society

2024/25 CAF CL: Al Ahly edge past Al Hilal again to book semi-final clash with Sundowns

09 april 2025 - 07:53:38
Nouakchott, Mauritania (PANA) - Egyptian giants Al Ahly secured their place in the semi-finals of the 2024/25 TotalEnergies CAF Champions [...] Full text...

thread Sports

2024/25 CAF CL: Pyramids survive FAR Rabat scare to book historic semi-final spot

09 april 2025 - 07:38:37
Rabat, Morocco (PANA) - Pyramids FC made history on Tuesday night by qualifying for their first-ever TotalEnergies CAF Champions League [...] Full text...

thread Sports

2024/25 CAF CL: Al Ahly, Sundowns and Pyramids face defining second legs

08 april 2025 - 07:20:10
Cairo, Egypt (PANA) - The road to the semi-finals of the TotalEnergies CAF Champions League continues on Tuesday as four [...] Full text...

thread Sports

Guinea to increase access to water, sanitation with WBG support

07 april 2025 - 08:15:22
 Conakry, Guinea (PANA) - The World Bank Group (WBG) has approved a $200 million credit from the International Development Association [...] Full text...

thread Health

2025 CAF U-17 AFCON: Egypt bounce back to revive World Cup hopes with dramatic win over Cameroon

07 april 2025 - 06:34:06
Casablanca, Morocco (PANA) - Egypt have reignited their 2025 U-17 Africa Cup of Nations campaign with a spirited 2-1 victory [...] Full text...

thread Sports

2025 CAF U-17 AFCON: Burkina Faso book first knockout and FIFA U-17 World Cup spot

04 april 2025 - 08:04:22
Casablanca, Morocco (PANA) - Burkina Faso have not only secured their TotalEnergies CAF U-17 Africa Cup of Nations quarter-final place, [...] Full text...

thread Sports

IMF mission welcomes Senegal’s commitment to fiscal transparency

27 march 2025 - 11:56:51
Dakar, Senegal (PANA) - An International Monetary Fund (IMF) mission visited Senegal to review findings of the audit report by [...] Full text...

thread Economy

How animal spirits affect the economy: IMF Blog By Joel Flynn, assistant professor of economics at Yale University, and Karthik Sastry, assistant professor of economics and public affairs at Princeton University

22 march 2025 - 09:26:52
Washington, DC, United States (PANA) - Storytelling is central to how we interpret economic events. We recall economic history through [...] Full text...

thread Economy

East Africa leads regional growth in Africa, says report

20 march 2025 - 15:32:56
Cotonou, Benin (PANA) - Growth in East Africa is expected to be stronger than in other sub-regions, reaching 6% in [...] Full text...

thread Economy

The European Union is to provide CFAF 13 billion for the Port and women's leadership in Benin

19 march 2025 - 15:30:52
Cotonou, Benin (PANA) - The European Union (EU) is to provide Benin with some 20 million euros in support of [...] Full text...

thread Economy

WBG supports Cameroon’s economic resilience, domestic revenue mobilisation, and transparency of public finances

17 march 2025 - 13:06:54
Washington, DC, United States (PANA) - The World Bank Group has announced approval of two operations for Cameroon for a [...] Full text...

thread Economy

IMF Board completes review of Cong’s ECF arrangement

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

thread Economy

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

JP Morgan downgrades South African equities

12 march 2025 - 07:08:57
Cape Town, South Africa (PANA) – JP Morgan on Tuesday downgraded South African equities to “neutral” from “overweight”, citing concerns over [...] Full text...

thread Economy

Better education for all: Turning commitments into action: World Bank Blog By Victoria Kwakwa, Vice President, Eastern and Southern Africa

06 march 2025 - 12:41:48
Turiani, Tanzania (PANA) - Last year, the African Union declared 2024 “The Year of Education.”  This was a crucial call [...] Full text...

thread Society

World Bank enterprise surveys in Botswana: 13 years later: World Bank Blog By Siyun He, Yew Chong Soh and Liang Wang

06 march 2025 - 08:12:23
Gaborone, Botswana (PANA) - Findings from a recent World Bank survey reveal the current state of private sector development in [...] Full text...

thread Economy

Anchoring macroeconomic stability through fiscal policy in Zimbabwe

27 february 2025 - 07:18:28
Harare, Zimbabwe (PANA) - The Government of Zimbabwe recently embarked upon an important set of reforms aimed to durably restore [...] Full text...

thread Economy

Greatest threat to UN Peacekeeping is divisions between nations, says UN Peace Operations Chief

26 february 2025 - 20:10:24
New Delhi, India (PANA) - Peacekeeping efforts by the United Nations are being challenged by growing disunity between Member States, [...] Full text...

thread Society

CFAF 15 billion already invested in Benin's special employment integration programme

20 february 2025 - 13:34:57
Cotonou, Benin (PANA) - From July 2020 to December last year, Benin invested some CFAF 15 billion in the Special [...] Full text...

thread Social

South African pop star profiled by Vogue magazine

19 february 2025 - 12:00:39
Cape Town, South Africa (PANA) – Pop star Tyla has become the first South African artist to grace the cover [...] Full text...

thread Society

Burkina Faso expects 6% economic growth in 2025

18 february 2025 - 11:13:39
Ouagadougou, Burkina Faso (PANA) - Burkina Faso's economic activity will remain dynamic, with growth projected at 6.0 per cent in [...] Full text...

thread Economy

AU unveils full list of elected offiials at 38 summit

17 february 2025 - 18:29:30
Addis Ababa, Ethiopia (PANA) - The African Union has unveiled the full list of Commissioners elected during the 38th session [...] Full text...

thread

New report highlights Africa’s strengthening economic growth amid global challenges

16 february 2025 - 07:59:37
Addis Ababa, Ethiopia (PANA) - Africa’s economic performance is showing signs of improvement but remains vulnerable to global shocks, according [...] Full text...

thread Economy

Djibouti's Foreign Minister Ali Youssouf wins race for AUC Chairperson slot

15 february 2025 - 22:27:15
Addis Ababa, Ethiopia (PANA) - Djibouti's Foreign Minister Mahmoud Ali Youssouf emerged victorious in the tough race for the leadership [...] Full text...

thread Politics

African Union Summit opens in Ethiopia

15 february 2025 - 13:14:47
Addis Ababa, Ethiopia (PANA) - Angola's Joao Manuel Lourenco assumed the rotating Chair of the African Union (AU) on Saturday, [...] Full text...

thread Politics

World Bank expands support to electrify rural Eswatini

14 february 2025 - 07:43:54
Mbabane, Eswatini (PANA) -  A new World Bank financed project is helping set Eswatini on the path to universal energy [...] Full text...

thread Economy

Youth, Violence and Therapy: World Bank Blog By Lelys Dinarte-Diaz, Human Development Research Economist

13 february 2025 - 07:43:02
Monrovia, Liberia (PANA) - There is often a disproportionate concentration of violence and crime among young people in low-income urban [...] Full text...

thread Society

South African composer Wouter Kellerman wins another Grammy

07 february 2025 - 05:16:42
Cape Town, South Africa (PANA) – South Africa's minister of Sport, Arts and Culture, Gayton McKenzie, on Friday extended his [...] Full text...

thread Society

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

South Africa: Transforming basic education sector can drive inclusive growth

05 february 2025 - 08:31:44
Cape Town, South Africa (PANA) - Transforming the basic education sector by improving the quality of learning from an early [...] Full text...

thread Society

Surge in tourists visiting South Africa

05 february 2025 - 07:51:48
Cape Town, South Africa (PANA) – South Africa’s tourism sector continues to grow, with total arrivals reaching 8.92 million in [...] Full text...

thread Economy

Benin: An African pioneer – IMF Country Focus

04 february 2025 - 07:29:07
Porto-Novo, Benin (PANA) - Benin faced a number of negative spillovers in 2022: a deteriorating regional security situation at its [...] Full text...

thread Economy

Cameroon gains some recovery as economic growth remains subdued

31 january 2025 - 11:35:46
Yaoundé, Cameroon (PANA) -  Cameroonian authorities and the International Monetary Fund (IMF) have reached a staff-level agreement on the seventh [...] Full text...

thread Economy

Heads of State commit to concrete plans to transform Africa’s energy sector, with strong backing of global partners

29 january 2025 - 07:27:35
Dar es Salaam, Tanzania (PANA) - Thirty African Heads of State and governments have committed to concrete reforms and actions [...] 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 sixth review under ECF for Niger

23 january 2025 - 06:51:10
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has concluded the 2024 Article IV [...] Full text...

thread Economy

IMF staff concludes visit to Central African Republic

21 january 2025 - 05:59:19
Washington, DC, US (PANA) - An International Monetary Fund (IMF) team, led by Mr. Albert Touna Mama, visited Bangui from [...] 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

2024/25 CAF Champions League: MC Alger clinch quarter-final spot after Yanga stalemate

19 january 2025 - 07:48:37
Cairo, Egypt (PANA) - South Africa’s Orlando Pirates delivered a stunning 2-1 defeat to Egypt’s Al Ahly at Cairo Stadium, [...] Full text...

thread Sports

Global economy stabilises, but developing economies face tougher slog EMBARGOED: NOT FOR PUBLICATION, BROADCAST, OR TRANSMISSION UNTIL THURSDAY, JANUARY 16, 2025, AT 1:00 PM ET, WHICH IS 6:00 PM UTC.

16 january 2025 - 18:42:16
Washington DC, US (PANA) - Developing economies -which fuel 60 per cent of global growth - are projected to finish [...] Full text...

thread Economy

South African pop star Tyla's Pretoria concert to be streamed live across Africa

13 january 2025 - 11:27:04
Cape Town, South Africa (PANA) – South Africa’s pop sensation Tyla’s homecoming concert in Pretoria on Saturday will be streamed live [...] Full text...

thread Society

Global growth to remain subdued in 2025 amid uncertainty, UN report warns

10 january 2025 - 06:57:55
New York, US (PANA) - Global economic growth is projected to remain at 2.8 per cent in 2025, unchanged from [...] Full text...

thread Economy

Gold’s 2024 performance best in 14 years

04 january 2025 - 08:50:54
London, UK (PANA) - Gold performed exceptionally well in 2024, outperforming all major asset classes and proving to be a [...] Full text...

thread Economy

2024 - year of remarkable achievements, resilience, and progress for Tanzania

01 january 2025 - 12:18:42
Dar es Salaam, Tanzania (PANA) – The just closed year 2024 saw Tanzania’s economic stability and investment potential widely recognised, [...] Full text...

thread Economy

IMF Executive Board completes second review under Extended Credit Facility Arrangement for Burkina Faso

21 december 2024 - 10:30:28
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the Second Review under [...] Full text...

thread Economy

IMF Executive Board completes first review under Extended Credit Facility arrangement for Togo

21 december 2024 - 09:59:30
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the first review of [...] Full text...

thread Economy

The Gambia: IMF Executive Board completes second review under the Extended Credit Facility

21 december 2024 - 09:44:25
Washington, DC, US (PANA) – The Executive Board of the International Monetary Fund (IMF) on Friday completed the second review [...] Full text...

thread Economy

IMF identifies Benin’s key challenge in economic transformation efforts

18 december 2024 - 11:04:42
Cotonou, Benin (PANA) - A key challenge ahead for Benin is to further strengthen inclusive policies for an economic transformation [...] Full text...

thread Economy

IMF Board completes fourth review of Zambia’s ECF arrangement

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

thread Economy

Results of matches played across Africa in group stage of 2024/24 CAF Champions League.

16 december 2024 - 18:13:30
Le Caire, Egypte (PANA)-Voici les résultats des matches joués à travers l'Afrique dans le cadre de la phase de groupes [...] Full text...

thread

2024 CAF Awards: Tanzania’s Diamond Platnumz, Morocco’s Dystinct among top artists

15 december 2024 - 12:28:49
Marrakech, Morocco (PANA) - Diamond Platnumz, the Tanzanian music superstar, and Dystinct, the Moroccan who is known for his genre [...] Full text...

thread Sports

FIFA Intercontinental Cup: Penalty drama ends Al Ahly's Cup dream

15 december 2024 - 12:17:41
Doha, Qatar (PANA) - Al Ahly's hopes of reaching the FIFA Intercontinental Cup final were dashed after a heartbreaking 6-5 [...] Full text...

thread Sports

2024/24 CAF Champions League: Latest results from Group matches

15 december 2024 - 12:15:23
Cairo, Egypt (PANA) - The following are reports from matches played across Africa in the group stage of the 2024/24 [...] Full text...

thread Sports

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

African airlines expect better gains in operating profits in 2025, demand rises seen

11 december 2024 - 13:38:43
Nairobi, Kenya (PANA) - Demand for air travel in Africa is focused to increase in 2025 as airlines increase seats [...] Full text...

thread Economy

Airlines facing equipment supply disruptions likely to slowdown growth

10 december 2024 - 21:40:18
Nairobi, Kenya (PANA) – The International Air Transport Association (IATA) expects severe supply chain issues to continue to impact airline [...] Full text...

thread Economy

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

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

thread Economy

IMF Executive Board completes third review under the ECF arrangement with Ghana

03 december 2024 - 05:07:20
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday completed the third review [...] Full text...

thread Economy

World Bank approves US$250 million program to strengthen Morocco's municipal solid waste management

28 november 2024 - 08:08:49
Washington, DC, United States (PANA) - The World Bank's Board of Directors has approved the US$250 million Morocco Municipal Solid [...] Full text...

thread Environment

Ghana FA dissolves management committee of national football team after disastrous AFCON 2025 qualifiers

21 november 2024 - 15:09:27
Accra, Ghana (PANA) - The Ghana Football Association (GFA) on Thursday announced the immediate dissolution of the management committee of [...] Full text...

thread Sports

ECOWAS Observation Mission meets stakeholders of Ghana polls ahead of 7 December vote

21 november 2024 - 05:59:48
Accra, Ghana (PANA) - The Core Team of the ECOWAS Long-Term Observation Mission has stepped up consultation meetings with stakeholders [...] Full text...

thread Politics

Libya blames Nigeria for failure to qualify for AFCON tournament

19 november 2024 - 16:16:27
Tripoli, Libya (PANA) - The Libyan national team failed to secure qualification for the 2025 Africa Cup of Nations tournament [...] Full text...

thread Sports

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

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

thread Economy

2025 AFCON qualifiers: Heartbreak for Ghana as Black Stars crash out, Comoros qualify

16 november 2024 - 04:44:12
Cairo, Egypt (PANA) - Ghana’s hopes of reaching the 2025 TotalEnergies CAF Africa Cup of Nations ended in heartbreak as [...] Full text...

thread Sports

IMF Country Focus: Growth in sub-Saharan Africa is diverging By Saad Quayyum, Nikola Spatafora, Sanghamitra Mukherjee, and Hamza Mighri

15 november 2024 - 07:49:18
Dar es Salaam, Tanzania (PANA) - Stagnating incomes in the region's resource-intensive economies necessitate more effective fiscal management and broad-based [...] Full text...

thread Economy

IMF concludes review of Morocco’s RSF arrangement, allows disbursement of US$415 million

13 november 2024 - 07:54:46
Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the second review [...] Full text...

thread Economy

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

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

thread Economy

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

08 november 2024 - 07:47:03
Bissau, Guinea Bissau (PANA) – The International Monetary Fund (IMF) and Guinea Bissau have reached staff-level agreement on economic policies [...] Full text...

thread Economy

IMF Executive Board approves US$248.5 million for Sierra Leone

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

thread Economy

IMF concludes reviews with Kenya

31 october 2024 - 08:19:16
Washington, DC,US (PANA) - The Executive Board of the International Monetary Fund (IMF) concluded today the seventh and the eighth [...] Full text...

thread Economy

WHO lists additional mpox diagnostic tests for emergency use

30 october 2024 - 19:07:05
Geneva, Switzerland (PANA) - As part of ongoing efforts to enhance quality-assured testing options, the World Health Organization (WHO) has [...] Full text...

thread Health

In Sudan, once more sports transcend all tragedies, bring hope to people

29 october 2024 - 05:56:39
Sport report by Mohamed Osman AdamPort Sudan, Sudan (PANA)- It was a whistle that I could never forget, six months [...] Full text...

thread Sports

Togo advances reforms, pursues sound economic policies: IMF

25 october 2024 - 12:30:38
Lomé, Togo (PANA) – An International Monetary Fund (IMF) staff mission has commended Togolese authorities on the sustained progress in [...] Full text...

thread Economy

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

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

thread Economy

Zambia’s drought impact stuns IMF staff team

17 october 2024 - 12:08:39
Lusaka, Zambia (PANA) – Drought has caused a greater than anticipated economic impact in Zambia due to the intense electricity [...] Full text...

thread Economy

Regaining modern values can reverse the slowdown in innovation and its rewards: IMF Blog By Edmund Phelps

16 october 2024 - 07:32:49
Washington DC, United States (PANA) - Why do some nations experience mass economic flourishing while others do not? Why did [...] Full text...

thread Economy

Examining assumptions in education policy: A decade of World Bank research By Luis Benveniste, Tracy Wilichowski, Quentin Daviot and Gabrielle Arenge

16 october 2024 - 07:31:10
Washington, DC. United States (PANA - A compendium of impact evaluations provides policymakers and practitioners with actionable information to enhance [...] Full text...

thread Society

The Chief Economists of Government Network supporting the role of Africa’s chief economic advisors: World Bank Blog By Trudi Makhaya

15 october 2024 - 06:58:53
Lusaka, Zambia (PANA) - Today’s political chief executive is expected to play a significant role in driving economic policy. Heads [...] Full text...

thread Society

Poorest economies face toughest conditions in two decades

14 october 2024 - 07:49:01
Washington, DC, United States (PANA) - The world’s 26 poorest economies—home to about 40 percent of all people who live [...] Full text...

thread Economy

IMF staff, Gambia review country’s programme under ECF arrangement

12 october 2024 - 12:02:05
Banjul, Gambia (PANA) – The International Monetary Fund (IMF) staff and the Gambian authorities have conducted productive discussions on economic [...] Full text...

thread Economy

IMF expects Côte d’Ivoire to boost recovery of regional official reserves

11 october 2024 - 11:38:27
Abidjan, Cote d’Ivoire (PANA) – International Monetary Fund (IMF) staff and the Cote d’Ivoire authorities have reached a staff-level agreement [...] 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

Kenya Parliament debates motion to impeach Deputy President

08 october 2024 - 14:51:57
Nairobi, Kenya (PANA) - Kenyan Members of Parliament began debating the special motion to remove Deputy President Rigathi Gachagua from [...] Full text...

thread Politics

WHO approves first mpox diagnostic test for emergency use

05 october 2024 - 05:20:49
Geneva, Switzerland (PANA) - The World Health Organisation (WHO) announced on Friday that it has approved the first mpox diagnostic [...] Full text...

thread Health

IMF reaches Staff-Level Agreement with Ghana on Third Review of the Extended Credit Facility

04 october 2024 - 13:00:46
Accra, Ghana (PANA) - IMF staff and the Ghanaian authorities have reached staff-level agreement on economic policies and reforms to [...] Full text...

thread Economy

South Sudan faces macroeconomic challenges resulting from endless war in neighbouring Sudan: IMF team

02 october 2024 - 18:12:48
Juba, South Sudan (PANA) – South Sudan continues to face several difficult macroeconomic challenges, partly resulting from the spillovers of [...] Full text...

thread Economy

IMF, Seychellois authorities reach Staff-Level Agreement on Third Reviews

01 october 2024 - 14:24:08
Washington, DC, US (PANA) - An International Monetary Fund (IMF) mission, led by Mr. Todd Schneider, conducted discussions with the [...] Full text...

thread Economy

At Global Citizen Festival, UN deputy chief urges action to achieve development goals

01 october 2024 - 06:03:33
New York, US (PANA) -  UN Deputy Secretary-General Amina Mohammed told thousands gathered in New York’s Central Park on Saturday [...] Full text...

thread Society

Nigerian star Osimhen ends goal drought with brace

28 september 2024 - 19:12:38
Istanbul, Turkuiye (PANA) - Victor Osimhen stole the spotlight with his maiden goal in his fourth start for the Istanbul [...] Full text...

thread Sports

Single sky reform: EC adopts first reading position on efficiency of air space management in EU

26 september 2024 - 11:45:26
Brussels, Belgium (PANA) - With a view to improving the overall efficiency of the way in which European airspace is [...] Full text...

thread Society

2024 TotalEnergies CAF Super Cup: CAF, PUMA unveil official match ball

26 september 2024 - 10:57:34
Cairo, Egypt (PANA) - The Confederation of African Football (CAF) and PUMA, a global sportskit manufacturer, have unveiled the official [...] Full text...

thread Sports

World Economic Forum: Chief economists point to stabilising outlook but warn on debt and political polarisation

25 september 2024 - 12:01:52
Geneva, Switzerland (PANA) - Easing inflation and strong global commerce are fuelling cautious optimism for recovery but elevated debt levels [...] Full text...

thread Economy

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

Guinea Economic Update: Natural resource management for development

20 september 2024 - 07:35:17
Conakry, Guinea (PANA) – Agriculture is pivotal for Guinea's structural transformation and climate resilience, serving as a cornerstone for inclusive [...] Full text...

thread Economy

Economic diversification: Crafting a multi-sectoral strategy for economic stabilisation for Malawi: World Bank Blog By Tatenda Chiuye

19 september 2024 - 09:13:55
Lilongwe, Malawi (PANA) - Have you ever owned a favourite pen that you found indispensable? I certainly had, every day [...] Full text...

thread Society

Benin prepares 2025 budget in compliance with WAEMU fiscal norm

12 september 2024 - 12:42:03
Cotonou, Benin (PANA) - Benin’s authorities have started crafting the 2025 budget, targeting compliance with the West African Monetary Union [...] Full text...

thread Economy

How to Awaken Europe's Private Sector and Boost Economic Growth: IMF Blog By Diego Cerdeiro, Gee Hee Hong, and Alfred Kammer

12 september 2024 - 10:09:07
Washington, DC, United States (PANA) - In the European Union, income per person, one of the main gauges of living [...] Full text...

thread Economy

2025 AFCON qualifiers: Seven matches to watch as road to Morocco begins

04 september 2024 - 06:18:48
Cairo, Egypt (PANA) - The journey to the TotalEnergies Africa Cup of Nations, Morocco 2025, officially begins on Wednesday, 4 [...] Full text...

thread Sports

Women lead record number of central banks, but more progress is needed: IMF Blog

30 august 2024 - 05:38:07
Washington DC, United States (PANA) - Women are leading more central banks than ever before, thanks to appointments in the [...] Full text...

thread Gender

African health ministers, partners urge equitable access to critical tools to curb cervical cancer threat

29 august 2024 - 18:45:43
Brazzaville, Congo (PANA) – Inequitable access to vaccines and high-performance screening tools is hampering efforts to effectively reduce the growing [...] Full text...

thread Health

Partnership in the water and sanitation sector brings hope to DR Congo: World Bank Blog By Saroj Kumar Jha, Nancy Eslick and David Tshilumba Mutombo

29 august 2024 - 11:11:22
Kinshasa, DR Congo (PANA) - In the Democratic Republic of Congo (DRC) many people have to walk to  rivers to [...] Full text...

thread Society

Transforming Africa: World Bank and African Development Bank unite for data-driven progress: World Bank Blog By Momar Kouta and Ravi Kumar

28 august 2024 - 13:01:11
Nairobi, Kenya (PANA) - “One of the reasons we do not share data in machine readable format is because we [...] Full text...

thread Economy

UNICEF raises alarm over diversion of nutrition supplements in Sokoto

25 august 2024 - 14:58:14
Geneva, Switzerland (PANA) - The United Nations Children’s Fund’s (UNICEF) recently frowned at the alleged diversion of nutrition supplements in [...] Full text...

thread

Kenya Airways returns to profitability after a decade

20 august 2024 - 15:09:55
Nairobi, Kenya (PANA) - Kenya Airways has returned to the profit-making territory for the first time in 10 years, marking [...] Full text...

thread Economy

Ivorian team reach semi final of WAFU B WCL qualifiers

17 august 2024 - 06:36:14
Abidjan, Cote d'Ivoire (PANA) - Inter d’Abidjan booked their place in the semi-finals of the WAFU Zone B CAF Women’s [...] Full text...

thread Sports

Etincelle dazzle in six-goal thriller; Edo Queens dominate Hasaacas Ladies

15 august 2024 - 06:19:36
Abidjan, Cote d'Ivoire (PANA) - The WAFU Zone B Women's Champions League (WCL) qualifiers witnessed a goal-fest on Wednesday as [...] Full text...

thread Sports

Gambia, MRCG at LSHTM achieved longitudinal population study

14 august 2024 - 13:40:39
Banjul, Gambia (PANA) - The Medical Research Council Unit the Gambia at The London School of Hygiene and Tropical Medicine [...] Full text...

thread Health

Results from CAF WAFU B Qualifiers

13 august 2024 - 06:01:10
Abidjan, Cote d'Ivoire (PANA) - Nigerian champions, Edo Queens, delivered a dominant 5-0 victory over AS GNN in their Group [...] Full text...

thread Sports

CAF congratulates Morocco, Egypt for valiant performances at Paris Olympic football

11 august 2024 - 10:03:05
Cairo, Egypt (PANA) - The Confederation of African Football (CAF) has congratulated Morocco for winning Bronze in Men's Football at [...] Full text...

thread Sports

2024 Paris Olympics: Morocco's Rahimi crowned top scorer in men's football

10 august 2024 - 05:45:33
Paris, France (PANA) - Morocco's Soufiane Rahimi has etched his name into Olympic football history, clinching the top football award [...] Full text...

thread Sports

Bold fiscal reforms can unlock Cameroon’s full potential

06 august 2024 - 16:47:46
Yaoundé, Cameroon (PANA) -   The World Bank on Tuesday launched two flagship economic reports: the 2024 Cameroon Economic Update and [...] Full text...

thread Economy

Three-in-one project to foster human capital development in Burundi

02 august 2024 - 06:33:10
Bujumbura, Burundi (PANA) - With a focus on nutrition, healthcare and education, a new World Bank-financed project will empower boys [...] Full text...

thread Society

World Bank backs Ethiopia's reforms to promote sustainable, inclusive growth, take climate action

31 july 2024 - 08:46:38
Washington, DC, United States (PANA) - The World Bank’s Board of Executive Directors on Tuesday approved the Ethiopia First Sustainable [...] Full text...

thread Economy

On African Women's Day, a reflection on women empowerment and remaining challenges in Angola: World Bank Blog By Natália Timóteo Yange

31 july 2024 - 08:18:59
Luanda, Angola (PANA) - On the day we celebrate African Women, Natália Yange guides us in an in-depth reflection on [...] Full text...

thread Gender

2024 Olympic Games: Morocco, Egypt roar into men's football quarter-final

31 july 2024 - 07:10:09
Paris, France (PANA) - Morocco and Egypt on Tuesday qualified for the quarter finals of the men's football at the [...] Full text...

thread Sports

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

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

thread Economy

Morocco's economy proves resilient but private sector faces challenges

19 july 2024 - 07:41:58
Rabat, Morocco (PANA) - Despite various obstacles, including a slowdown in the global economy, an inflation shock, and the Al [...] Full text...

thread Economy

Former international Nibombe Dare named Togo's new head coach

18 july 2024 - 06:52:15
Lome, Togo (PANA) - The Togolese Football Federation (FTF) has officially announced the appointment of Nibombe Dare as the new [...] Full text...

thread Sports

Global growth steady amid slowing disinflation and rising policy uncertainty: IMF Blog By Pierre-Olivier Gourinchas

16 july 2024 - 17:45:18
Washington DC, United States (PANA) - Our global growth projections are unchanged at 3.2 per cent this year and slightly [...] Full text...

thread Economy

Cape Town International Airport ranked second in global survey

16 july 2024 - 10:04:19
Cape Town, South Africa (PANA) – Cape Town International Airport has been ranked second-best worldwide, according to a new global [...] Full text...

thread Economy

New report highlights best practices to support African businesses

16 july 2024 - 07:50:01
Accra, Ghana (PANA) - The annual Country Policy and Institutional Assessment (CPIA) for Africa confirms that countries in Sub-Saharan Africa [...] Full text...

thread Economy

Stakeholders conclude key AfDB workshop on Connectivity Portal

16 july 2024 - 06:40:08
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has concluded a two-day preparatory workshop on implementing the African [...] Full text...

thread Economy

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

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

thread Economy

IMF completes Gambia’s first review under Extended Credit Facility

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

thread Economy

IMF completes fourth review of Mozambique’s ECF, releases US$60.03 million budget support

09 july 2024 - 08:05:07
Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) has announced completion of the [...] Full text...

thread Economy

Guinea-Bissau implements IMF’s general data dissemination system

09 july 2024 - 07:17:47
Washington, DC, United States (PANA) - With the successful launch of a new data portal—the National Summary Data Page — [...] Full text...

thread Economy

Criminal complaint laid against South Africa's new Sports Minister

02 july 2024 - 14:50:35
Cape Town, South Africa (PANA) –  A criminal complaint has been made against newly appointed Sports, Arts and Culture Minister [...] Full text...

thread Society

IMF Executive Board completes second review under Extended Credit Facility Arrangement with Ghana

29 june 2024 - 05:32:55
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Friday completed the second review [...] 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

Uganda should improve public spending on health for a more productive population

27 june 2024 - 13:58:38
Kampala, Uganda (PANA) - Economic activity in Uganda has remained resilient despite multiple successive shocks, with real gross domestic product [...] Full text...

thread Health

IMF completes Zambia’s third review under ECF, approves access to US$569.6 million

27 june 2024 - 07:07:00
Lusaka, Zambia (PANA) - The Executive Board of the International Monetary Fund (IMF) completed on Wednesday the third review of [...] Full text...

thread Economy

Fostering vibrant, inclusive private sector is key to Somalia’s resilient growth

26 june 2024 - 18:26:55
Mogadishu, Somalia (PANA) - Since Somalia’s private sector accounts for an estimated 95 per cent of total jobs created, marshalling [...] Full text...

thread Economy

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

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

thread Economy

IMF traces signs of macroeconomic stabilisation in Comoros

22 june 2024 - 10:20:58
Moroni, Comoros (PANA) - Reforms are beginning to bear fruit in the Comoros, with visible signs of macroeconomic stabilisation. But, according [...] 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

Somalia expects 3.1 percent GDP growth, rebounding from drought and commodity price shocks

20 june 2024 - 17:41:57
Mogadishu, Somalia (PANA) - Somalia’s economy is expected to grow at 3.1 per cent in 2023 up from 2.4 per [...] Full text...

thread Economy

Senegal’s new authorities committed to growth-friendly fiscal consolidation

20 june 2024 - 11:33:20
Dakar, Senegal (PANA) - An International Monetary Fund (IMF) staff team has welcomed the Senegalese new authorities’ commitment to the [...] Full text...

thread Economy

Energy transition momentum slowing amid rising global volatility, WEF report finds

19 june 2024 - 09:52:05
Geneva, Switzerland (PANA) - The global energy transition to a more equitable, secure and sustainable energy system is still progressing [...] Full text...

thread Economy

Strong electric utilities critical to clean energy for all: WB report

18 june 2024 - 20:01:31
Washington, DC, USA {PANA) - The majority of electric utilities in developing countries are ill-equipped to meet growing demand for [...] Full text...

thread Economy

Ethiopia's first commercial gold mine to begin production in 2026

18 june 2024 - 15:34:19
Addis Ababa, Ethiopia (PANA) - Preparatory work has begun at Ethiopia's first commercial gold mine, the Tulu Kapi Gold Project, [...] Full text...

thread

Getting the global economy out of the slow lane: World Bank Blog By Indermit Gill and M. Ayhan Kose

17 june 2024 - 17:01:14
Washington, DC, USA (PANA) - With global growth stabilizing for the first time in three years, inflation reaching a three-year [...] Full text...

thread Economy

IMF, Mozambique reach Staff-Level Agreement on Fourth Review of ECF

17 june 2024 - 09:09:39
Washington, DC, US (PANA) - An International Monetary Fund (IMF) team and the Mozambican authorities have reached a staff-level agreement [...] Full text...

thread Economy

Burkina Faso’s recovery depends on having security under control: IMF

16 june 2024 - 11:37:40
Ouagadougou, Burkina Faso (PANA) – Burkina Faso’s economic growth is projected at 5.5 percent in 2024 but remains below potential [...] Full text...

thread Economy