27 april 2024 - 05:41:32
New York, US (PANA) - The President of the General Assembly on Friday called for Member States and stakeholders to [...] Full text...
25 april 2024 - 16:33:21
Addis-Ababa, Ethiopia (PANA) - UN Deputy Secretary-General Amina Mohammed has called for increased capital flows to developing countries at the [...] Full text...
23 april 2024 - 08:37:45
Johannesburg, South Africa (PANA) - African Hidden Champions (AHC), a co-partnership of Africa Foresight Group and partners, will host an [...] Full text...
21 april 2024 - 11:33:36
Bangui, Central African Republic (PANA) – The authorities in Central African Republic (CAR) and the International Monetary (IMF) staff have [...] Full text...
20 april 2024 - 10:49:24
Dar es Salaam, Tanzania (PANA) - After four turbulent years, the outlook for sub-Saharan Africa is gradually improving, according to [...] Full text...
17 april 2024 - 17:37:06
Washington DC, United States (PANA} - The global economic and financial outlook has improved in the last six months.
Inflation has [...] Full text...
16 april 2024 - 06:13:40
New York, US (PANA) - The Secretary-General and President of the General Assembly on Monday led the clarion call for [...] Full text...
15 april 2024 - 17:24:02
Washington, DC. USA (PANA) -- Lacklustre growth, rising indebtedness and heightened uncertainty due to the conflict in the Middle East [...] Full text...
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...
13 april 2024 - 13:32:36
Accra, Ghana (PANA) - Ghanaian authorities and officials of the International Monetary Fund (IMF) have reached staff-level agreement on economic [...] Full text...
12 april 2024 - 11:27:22
Washington, DC, US (PANA) – New data from the World Health Organisation (WHO) shows that many governments around the world [...] Full text...
11 april 2024 - 08:42:06
Washington, D.C., USA (PANA) – Many countries are ramping up industrial policy to boost innovation in specific sectors in the [...] Full text...
10 april 2024 - 08:16:04
Washington, D.C., USA (PANA) - The World Bank Group (WBG) is developing a new corporate scorecard that will track results [...] Full text...
09 april 2024 - 15:42:15
Washington DC, United States (PANA) - The global economy is increasingly influenced by the Group of Twenty’s large emerging markets.
Over [...] Full text...
09 april 2024 - 14:07:54
Tripoli, Libya (PANA) - Liya earned a total of 23.8 billion dinars (around 5.96 billion US dollars) in revenue in [...] Full text...
09 april 2024 - 08:02:47
Abidjan, Côte d’Ivoire (PANA) - An International Monetary Fund (IMF) staff team and the authorities in Côte d’Ivoire have reached [...] Full text...
04 april 2024 - 10:10:46
Victoria, Seychelles (PANA) - The Seychellois economy continued to recover in 2023 and is moving closer to pre-pandemic norms despite [...] Full text...
30 march 2024 - 10:06:59
Cairo, Egypt (PANA) - The Executive Board of the International Monetary Fund (IMF) on Friday completed the first and second [...] Full text...
30 march 2024 - 09:31:53
Algiers, Algeria (PANA) - Algeria’s economy is estimated to have grown by 4.2 per cent in 2023, a robust performance [...] Full text...
29 march 2024 - 14:10:55
Tripoli, Libya (PANA) - The Libyan Minister of Economy and Trade, Mohamed al-Haweij, has said that the Ministry is aiming [...] Full text...
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...
21 march 2024 - 10:18:08
Luanda, Angola (PANA) - Implementation of economic reforms in the areas of fiscal management, revenue mobilisation, financial stability, and central [...] Full text...
20 march 2024 - 11:09:46
Dakar, Senegal (PANA) - The West African Economic and Monetary Union (WAEMU) has proved resilient amid significant adverse shocks, maintaining [...] Full text...
20 march 2024 - 05:59:56
Washington, DC, US (PANA) - The Governments of Norway, the United Kingdom, and the United States have reaffirmed their call [...] Full text...
18 march 2024 - 11:52:16
Tripoli, Libya (PANA) - The Libyan Prime Minister, Abdulhamid Al-Dbaiba, has denied rumours circulating about the deteriorating economic situation of [...] Full text...
16 march 2024 - 07:50:19
Abidjan, Côte d’Ivoire (PANA) - The International Monetary Fund (IMF) has approved a 30-month Resilience and Sustainability Facility (RSF) arrangement [...] Full text...
15 march 2024 - 12:42:26
Tripoli, Libya (PANA) - The Speaker of the Libyan House of Representatives (Parliament), Aguila Saleh, has announced a 27% tax [...] Full text...
12 march 2024 - 16:58:47
Bissau, Guinea Bissau (PANA) – Authorities in Guinea Bissau face important near-term risks, including policy implementation challenges stemming from a [...] Full text...
11 march 2024 - 17:47:42
Washington, DC, US (PANA) - The United States said on Monday that it is sanctioning 16 entities and individuals in a transnational [...] Full text...
10 march 2024 - 07:05:53
Washington, DC, US (PANA) - The United States has sanctioned one Russia-based entity and one Central African Republic-based entity for [...] Full text...
09 march 2024 - 08:00:52
Mogadishu, Somalia (PANA) - Somalia’s economic growth is expected to strengthen in 2024 supported by continued recovery in agriculture, remittances, [...] Full text...
08 march 2024 - 08:45:57
Ouagadougou, Burkina Faso (PANA) - International Monetary Fund (IMF) staff and Burkinabè authorities have reached staff-level agreement on economic policies [...] Full text...
07 march 2024 - 07:20:36
Kampala, Uganda (PANA) - The Executive Board of the International Monetary Fund (IMF) on Wednesday completed the fifth review of [...] Full text...
06 march 2024 - 17:19:25
Tripoli, Libya (PANA) - The Governor of the Central Bank of Libya (BCL), Al-Seddik Al-Kebir, has proposed to the Speaker [...] Full text...
06 march 2024 - 17:03:32
Tripoli, Libya (PANA) - Libya generated a total of 14.3 billion dinars (around 2.97 billion US dollars) in revenue over [...] Full text...
05 march 2024 - 20:46:15
Cotonou, Benin (PANA) - The Chief Economist and Deputy Executive Secretary of the Economic Commission for Africa (ECA) has revealed [...] Full text...
05 march 2024 - 15:28:24
Tripoli, Libya (PANA) - The Libyan prime minister of the government of national unity, Abdulhamid al- Dbaiba, has stated that [...] Full text...
05 march 2024 - 07:53:44
Harare, Zimbabwe (PANA) - Zimbabwe remains vulnerable to climatic shocks and without adaptation, climate change will impose high costs on [...] Full text...
05 march 2024 - 07:34:43
Abuja, Nigeria (PANA) - Nigeria’s economic outlook is challenging, while addressing food insecurity should be the immediate priority of the [...] Full text...
04 march 2024 - 14:29:54
Accra, Ghana (PANA) - As the controversial the controversial anti-LGBTQI+ bill passed by Ghana's Parliament, which criminalises the promotion, advocacy, and funding [...] Full text...
02 march 2024 - 10:50:09
Lomé, Togo (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a 42-month arrangement of US$390 [...] Full text...
01 march 2024 - 16:16:55
Geneva, Switzerland (PANA) - Unchecked mass violence and entrenched repression in South Sudan threaten the prospects of durable peace and [...] Full text...
01 march 2024 - 12:30:50
Addis Ababa, Ethiopia (PANA) - Ethiopian state entities are exploring the introduction of key reforms within the economy, to increase [...] Full text...
29 february 2024 - 13:05:30
Addis Ababa, Ethiopia (PANA) - A new World Bank report finds that annual average losses to gross domestic product (GDP) [...] Full text...
28 february 2024 - 17:37:02
Kigali, Rwanda (PANA) - Rwanda’s economy grew at 7.6% in the first three quarters of 2023 despite a challenging global [...] Full text...
26 february 2024 - 17:10:06
Washington DC, USA (PANA) - It’s fitting that G20 finance ministers and central bank governors will meet this week at [...] Full text...
25 february 2024 - 09:52:12
Brussels, Belgium (PANA) - As Russia’s war of aggression against Ukraine continues, leaders of the Group of Seven (G7) have [...] Full text...
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...
23 february 2024 - 17:01:27
Brussels, Belgium (PANA) – Today marks a tragic anniversary: that of Russia’s full-scale war of aggression against Ukraine in manifest [...] Full text...
23 february 2024 - 09:35:08
Washington DC, USA (PANA) – The World Bank Group announced a $30 million grant to help ensure the continuity of [...] Full text...
22 february 2024 - 10:57:32
Rabat, Morocco (PANA) – Morocco’s output growth is projected to reach 3.5 percent over the medium term boosted by investment [...] Full text...
21 february 2024 - 14:21:20
Ouagadougou, Burkina Faso (PANA) - The Burkina Faso authorities Wednesday announced the suspension of exports of gold produced on artisanal [...] Full text...
20 february 2024 - 17:44:45
Cotonou, Benin (PANA) - More than 2,000 participants are expected to attend the 4th Mining and oil Forum of the [...] Full text...
19 february 2024 - 12:53:09
Cotonou Benin (PANA) - The 4th Mining and Oil Forum of the Economic Community of West African States (ECOWAS), dubbed [...] Full text...
19 february 2024 - 05:21:43
Addis Ababa, Ethiopia (PANA) - Africa will account for eleven of the world’s 20 fastest-growing economies in 2024, the African Development [...] Full text...
16 february 2024 - 20:47:40
Addis Ababa, Ethiopia (PANA) - Africa will account for eleven of the world’s 20 fastest-growing economies in 2024, the African [...] Full text...
16 february 2024 - 11:14:16
Libreville, Gabon (PANA) – Gabon’s economy has recovered from multiple shocks emanating from the global and domestic economy, with growth [...] Full text...
15 february 2024 - 08:04:51
Harare, Zimbabwe (PANA) - Economic activity in Zimbabwe continues to show resilience in the face of currency instability and high [...] Full text...
09 february 2024 - 17:27:54
Washington, United States (PANA) - Some developing economies are finally seeing light at the end of the tunnel.
Global inflation is [...] Full text...
04 february 2024 - 16:43:15
Tripoli, Libya (PANA) - The Libyan National Oil Company (NOC) has announced the completion of rehabilitation of the "A 75" [...] Full text...
26 january 2024 - 10:24:57
Djibouti City, Djibouti (PANA) – Djibouti recorded a strong rebound in economic activity in 2023 but regional geopolitical developments pose [...] Full text...
25 january 2024 - 07:47:11
Washington, United States (PANA) - As 2024 starts, the good news is that there haven’t been any notable requests by [...] Full text...
24 january 2024 - 07:37:54
Washington, United States (PANA) - The World Bank on Tuesday approved a $300 million Development Policy Operation for Ghana.
The First [...] Full text...
23 january 2024 - 16:26:44
Ouagadougou, Burkina Faso (PANA) - The President of the Transition in Burkina Faso, Captain Ibrahim Traoré, Tuesday inaugurated a mine [...] Full text...
23 january 2024 - 10:20:12
Bujumbura, Burundi (PANA) – A stronger economic recovery is projected in Burundi for 2024, with real GDP expanding by 4.3 [...] Full text...
19 january 2024 - 19:53:26
Washington, DC, US (PANA) - The International Monetary Fund (IMF) has approved the second tranche of US$600 million for Ghana, [...] Full text...
15 january 2024 - 19:21:28
Tripoli, Libya (PANA) - Libya earned a total of 126.3 billion dinars (around 26.38 billion US dollars) in public revenue [...] Full text...
12 january 2024 - 16:05:10
Tripoli, Libya (PANA) - The Libyan Prime Minister of the Government of National Unity, Abdulhamid al Dbaiba, has stressed the [...] Full text...
09 january 2024 - 07:38:01
Maputo, Mozambique (PANA) - The Executive Board of the International Monetary Fund (IMF) has allowed Mozambique immediate access to US$60.7 [...] Full text...
09 january 2024 - 06:26:32
Cairo, Egypt (PANA) - African football legends El Hadji Diouf, Asamoah Gyan, Ahmed Hassan and Augustine ‘Jay-Jay’ Okocha are the [...] Full text...
08 january 2024 - 11:25:40
Tripoli, Libya (PANA) - Libya earmed 125.911 billion dinars (about $26.23 billion) in public revenue for the period from 1 [...] Full text...
29 december 2023 - 08:21:15
Cape Town, South Africa (PANA) – The South African Maritime Business Chamber (MBC) says the turmoil in the Middle East, [...] Full text...
20 december 2023 - 08:20:39
Nouakchott, Mauritania (PANA) - The International Monetary Fund (IMF) Executive Board has announced completion of the first reviews under the [...] Full text...
20 december 2023 - 08:06:51
Mogadishu, Somalia (PANA) – The International Monetary Fund (IMF} Board on Tuesday approved a new 36-month Extended Credit Facility (ECF) [...] Full text...
19 december 2023 - 08:20:30
Jeddah, Saudi Arabia (PANA) - FIFA says the 2025 Club World Cup will be played across 29 days in June and [...] Full text...
16 december 2023 - 11:04:19
Moroni, Comoro (PANA) – The International Monetary Fund (IMF) Executive Board has welcomed the focus on structural reforms to strengthen [...] Full text...
16 december 2023 - 08:48:21
Brazzaville, Congo (PANA) - The World Bank on Saturday announced approval of a Development Policy Financing (DPF) operation of $80 [...] Full text...
15 december 2023 - 12:14:30
Washington, DC USA (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a two-year arrangement of [...] Full text...
15 december 2023 - 11:40:49
Kinshasa, DR Congo (PANA) - While economic growth of the Democratic Republic of Congo (DRC) remains resilient, fiscal, depreciation and [...] Full text...
15 december 2023 - 09:23:14
Algiers, Algeria (PANA) - Algeria’s economic growth is projected to reach 4.2 percent in 2023, supported by robust activity in [...] Full text...
14 december 2023 - 14:34:53
Nairobi, Kenya (PANA) - Kenya has in the past been successful in translating economic growth into improved living standards of [...] Full text...
14 december 2023 - 14:27:00
Washington, United States (PANA) - Digital trade, from software sales to streaming movies, plays a bigger role than ever in [...] Full text...
14 december 2023 - 09:31:55
Dubai, UAE (PANA) - The UN's annual climate conference, COP28, finally acknowledged the need to transition away from fossil fuels [...] Full text...
14 december 2023 - 07:39:33
Dar es Salaam, Tanzania (PANA) – Tanzania has secured US$ 150.5 million budget support from the International Monetary Fund (IMF) [...] Full text...
14 december 2023 - 06:24:27
Washington DC, USA (PANA) - The Executive Boards of the International Monetary Fund (IMF) and the World Bank’s International Development [...] Full text...
13 december 2023 - 16:12:07
Abuja, Nigeria (PANA) - The Government of Nigeria avoided a fiscal cliff by implementing bold reforms, including ending the gasoline [...] Full text...
13 december 2023 - 07:34:20
Nairobi, Kenya (PANA) — Kenya’s 485 ministries, departments, and agencies, as well as 240,000 registered firms, and 18 million citizens [...] Full text...
12 december 2023 - 12:04:38
Praia, Cape Verde (PANA) – The World Bank Board has approved a US$25 million Development Policy Financing (DPF) loan for [...] Full text...
10 december 2023 - 17:42:47
Dubai, UAE (PANA) - One innovative solution to some of the most pressing global challenges humanity is facing today can [...] Full text...
09 december 2023 - 09:13:25
Abidjan, Côte d’Ivoire (PANA) - The World Bank has announced a significant operation of $300 million for Côte d’Ivoire to [...] Full text...
07 december 2023 - 19:10:48
Washington DC, United States (PANA) - The fight against financial crime isn’t lost, but the world needs to do more [...] Full text...
06 december 2023 - 19:37:52
Zanzibar, Tanzania (PANA) – Responding aggressively, simultaneously, and comprehensively is the only option for confronting today’s intertwined development challenges around [...] Full text...
06 december 2023 - 13:59:39
Tripoli, Libya (PANA) - A total of 110,498 million dinars or around 22.87 billion US dollars in public revenue was [...] Full text...
05 december 2023 - 09:21:14
Abidjan, Côte d’Ivoire (PANA) - Côte d’Ivoire’s economic performance under the International Monetary Fund (IMF) supported programme has been strong, [...] Full text...
05 december 2023 - 08:24:05
Victoria, Seychelles (PANA) - The IMF Executive Board on Monday completed the first reviews of the Seychelles Extended Arrangement under [...] Full text...
02 december 2023 - 13:50:29
Maputo, Mozambique (PANA) - Climate change impacts could drive up to 1.6 million additional people into poverty by 2050, further [...] Full text...
30 november 2023 - 18:27:54
Banjul, Gambia (PANA) - Buah Saidy, Governor of the Central Bank of The Gambia, has stated that the Gambian economy [...] Full text...
30 november 2023 - 14:12:22
Mogadishu, Somalia (PANA) - Recurrent shocks, including a prolonged 2020/23 drought, disrupted Somalia's growth, devastating crops, livestock, and exports.
Many fled [...] Full text...
30 november 2023 - 09:31:31
Bissau, Guinea Bissau (PANA) – The International Monetary Fund (IMF) Executive Board has decided on an immediate disbursement of US$8.23 [...] Full text...
29 november 2023 - 07:32:52
Dar es Salaam, Tanzania (PANA) — A new World Bank programme is set to exponentially accelerate sustainable and clean energy [...] Full text...
28 november 2023 - 10:53:58
Maputo, Mozambique (PANA) - In agriculture, patience is a virtue. But people also need to eat. Coffee plants take several [...] Full text...
28 november 2023 - 08:36:04
Washington DC, United States (PANA) - With each passing year, the stark reality of a hotter planet becomes clearer and [...] Full text...
24 november 2023 - 12:26:07
Abidjan, Côte d’Ivoire (PANA) - After more than a decade of growth, key economic sectors, cocoa and energy, are at [...] Full text...
23 november 2023 - 17:36:58
Ouagadougou, Burkina Faso (PANA) - Burkina Faso's transitional President Captain Ibrahim Traoré, Thursday laid the foundation stone for the construction [...] Full text...
21 november 2023 - 13:44:04
Banjul, to helpGambia (PANA)- The World Bank board has approved $60 million in financing from the International Development Association (IDA) [...] Full text...
21 november 2023 - 13:04:55
Freetown, Sierra Leone (PANA) - Sierra Leone has secured US$20.7 million under the Extended Credit Facility (ECF) of the International [...] Full text...
21 november 2023 - 10:18:19
Lusaka, Zambia (PANA) - Zambian authorities and the International Monetary Fund (IMF) team have reached a staff-level agreement on economic [...] Full text...
19 november 2023 - 16:47:14
Tripoli, Libya (PANA) - The Libyan Minister for Local Government in the Government of National Unity, Badreddine Al-Toumi, has followed [...] Full text...
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...
17 november 2023 - 12:34:12
Tripoli, Libya (PANA) - The preliminary meetings of the Article 4 consultations between Libya and the International Monetary Fund (IMF), [...] Full text...
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...
17 november 2023 - 08:57:24
Nairobi, Kenya (PANA) - Kenyan authorities and the International Monetary Fund (IMF) staff have reached staff-level agreement on economic policies [...] Full text...
16 november 2023 - 18:26:55
Kinshasa, DR Congo (PANA) - Possessing half of Africa's forests, large freshwater resources, and mineral reserves that are critical for [...] Full text...
14 november 2023 - 17:00:54
Tripoli, Libya (PANA) - The preliminary meetings for the Article 4 consultations for the year 2024 continued Tuesday between the [...] Full text...
14 november 2023 - 16:43:15
Tripoli, Libya (PANA) - The Libyan prime minister of the government of national unity, Abdulhamid Al Dbaiba, has reiterated to [...] Full text...
14 november 2023 - 09:43:54
N'djamena, Chad (PANA) - Chad faces complex and often interlinked challenges that have contributed to its economic fragility while slowing [...] Full text...
14 november 2023 - 09:35:11
N'djamena, Chad (PANA) - Chad's economy is facing multiple, and often interrelated challenges that have slowed down its growth, according [...] Full text...
11 november 2023 - 08:11:15
Washington DC, United States (PANA) - China has forged deep economic ties with countries in sub-Saharan Africa over the past [...] Full text...
07 november 2023 - 20:15:45
Washington, DC, United States (PANA) - Most Group of Twenty economies are likely to keep monetary policy appropriately tight to [...] Full text...
07 november 2023 - 08:25:42
Freetown, Sierra Leone (PANA) - External shocks and policy slippages in recent years contributed to Sierra Leone’s macroeconomic imbalances, including [...] Full text...
04 november 2023 - 07:49:45
Brazzaville, Republic of Congo (PANA) - An International Monetary Fund (IMF) team has welcomed the Congo Republic authorities’ renewed commitment [...] Full text...
02 november 2023 - 13:58:16
Moroni, Comoro (PANA) – The Comoros’ expected growth in 2023 reflects an ongoing rebound in economic activity, says the International [...] Full text...
02 november 2023 - 13:46:47
Paris, France (PANA) - Africa’s average tax-to-GDP ratio was 15.6% in 2021, unchanged from the previous year and remaining below [...] Full text...
02 november 2023 - 12:51:25
Mogadishu, Somalia (PANA) - An International Monetary Fund (IMF) team and the Somali authorities have reached a staff-level agreement on [...] Full text...
02 november 2023 - 12:31:50
New York, US (PANA) - Instead of accelerating to meet the challenge of rising emissions, progress on climate adaptation is [...] Full text...
02 november 2023 - 12:23:34
Bangui, Central African Republic (PANA) - Central African Republic (CAR)’s economy is projected to grow by 1.0 percent in 2023, [...] Full text...
02 november 2023 - 07:17:40
Banjul, Gambia (PANA) – The Gambian authorities and the International Monetary Fund (IMF) staff have reached a staff-level agreement on [...] Full text...
01 november 2023 - 07:55:05
Harare, Zimbabwe (PANA) - Valuing ecosystem services –– the benefits humans obtain from earth’s many life-support systems –– is an [...] Full text...
31 october 2023 - 18:41:49
Kinshasa, DR Congo (PANA) – Regardless of a difficult and uncertain environment, the economy of the Democratic Republic of Congo [...] Full text...
31 october 2023 - 18:27:32
Kigali, Rwanda (PANA) - Rwanda’s economy registered strong post-pandemic growth, though it was accompanied by domestic and external imbalances including [...] Full text...
31 october 2023 - 07:38:23
Washington, DC, US (PANA) – Economic activity in Central African Republic has improved this year though not as much as [...] Full text...
28 october 2023 - 11:45:53
Nouakchott, Mauritania (PANA) - International Monetary Fund (IMF) staff and Mauritanian authorities have reached a preliminary agreement on completion of [...] Full text...
26 october 2023 - 12:05:30
Algiers, Algeria (PANA) - Algeria's economy has reached its pre-pandemic level in 2022, the recovery extending to the first half [...] Full text...
26 october 2023 - 06:49:50
Harare, Zimbabwe (PANA) - Zimbabwe’s economy has continued its post-COVID recovery, but enhancing its longer-term growth potential would require strong [...] Full text...
24 october 2023 - 10:24:26
Tsabong, Botswana (PANA) - Adorned in bright orange and white kit bustling with youthful energy and singing in bright high [...] Full text...
23 october 2023 - 19:01:35
Cape Town, South Africa (PANA) – At over 30%, unemployment is South Africa’s biggest contemporary challenge. Of course, there are [...] Full text...
20 october 2023 - 08:41:29
Dar es Salaam, Tanzania (PANA) - The inaugural edition of the African Football League kicks off on 20 October and [...] Full text...
17 october 2023 - 10:18:02
Washington DC, United States (PANA) - Central banks could keep interest rates higher for longer as they fight to curb [...] Full text...
13 october 2023 - 16:25:51
Marrakech, Morocco (PANA) - While global economic integration has helped billions of people become wealthier, healthier, and more productive—for too [...] Full text...
10 october 2023 - 15:34:50
Washington DC, United States (PANA) - The global economy continues to recover from the pandemic, Russia’s invasion of Ukraine and [...] Full text...
09 october 2023 - 13:15:47
Washington DC, United States (PANA) - The world confronts the weakest medium-term growth outlook in three decades amid high debt [...] Full text...
07 october 2023 - 09:38:44
Malabo, Equatorial Guinea (PANA) - Economic indicators in 2022 registered improvements after a long recession in Equatorial Guinea as real [...] Full text...
06 october 2023 - 16:58:08
Accra, Ghana (PANA) – International Monetary Fund (IMF) staff and Ghanaian authorities have reached staff-level agreement on economic policies and [...] Full text...
06 october 2023 - 11:08:44
Cairo, Egypt (PANA) - The Confederation of African Football (CAF) and Global sports & culture company, IMG, have concluded an [...] Full text...
05 october 2023 - 14:24:08
Bujumbura, Burundi (PANA) - While the Burundian economy continues to recover, economic buoyancy is impeded by shocks and multifaceted challenges [...] Full text...
04 october 2023 - 07:37:47
Bissau, Guinea Bissau (PANA) – The International Monetary Fund (IMF) staff and the Guinea Bissau authorities have reached a staff-level [...] Full text...
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...
03 october 2023 - 17:08:58
Windhoek, Namibia (PANA) - On the back of sustained mining growth and recovery in tourism, Namibia’s real GDP growth reached [...] Full text...
03 october 2023 - 13:38:25
Washington DC, US (PANA) - As the window of opportunity to contain global warming is closing rapidly, many countries are [...] Full text...
03 october 2023 - 06:04:57
Zurich, Switzerland (PANA) - FIFA is set to make a decision and announce the venue selections before the end of [...] Full text...
02 october 2023 - 18:36:20
New York, US (PANA) - Priming cities to become drivers of economic growth and recovery in the aftermath of crises [...] Full text...
29 september 2023 - 11:21:23
Dar es Salaam, Tanzania (PANA) - The extractive sector's vulnerability to corruption has long been a concern, given its lucrative [...] Full text...
28 september 2023 - 08:07:54
Lagos, Nigeria (PANA) - After weeks of condescending defiance, France has ultimately eaten a diplomatic humble pie served by a [...] Full text...
23 september 2023 - 10:03:24
Washington DC, United States (PANA) - The world’s 28 poorest countries are facing growing social, economic, and political distress, owing [...] Full text...
23 september 2023 - 08:51:05
Washington DC, United States (PANA) - In the most vulnerable countries, strengthening state capacity must adapt to more frequent economic [...] Full text...
22 september 2023 - 16:30:08
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a 48-month arrangement under [...] Full text...
22 september 2023 - 16:19:08
Mogadishu, Somalia (PANA) - An International Monetary Fund (IMF) team has reached a staff-level agreement on the sixth review under [...] Full text...
18 september 2023 - 13:37:29
Cotonou, Benin (PANA) - Nestor Coffi, head of the World Bank's operations in Benin, has hailed Benin's growth efforts on [...] Full text...
18 september 2023 - 12:37:28
Cotonou, Benin (PANA) - The World Bank has approved $230 million for Benin to support growth, social and climate resilience [...] Full text...
11 september 2023 - 06:28:35
Addis Ababa, Ethiopia (PANA) - Ethiopian Prime Minister Abiy Ahmed on Sunday announced the successful fourth and final filling of [...] Full text...
07 september 2023 - 13:29:42
Tripoli, Libya (PANA) - Libya's Minister of Finance, Khaled al-Mabrouk, has stressed the importance of stepping up reform efforts to [...] Full text...
06 september 2023 - 08:05:34
Luanda, Angola (PANA) – Angola’s economic recovery in the near term remains dependent on the oil sector and is largely [...] Full text...
05 september 2023 - 12:26:49
Ouagadougou, Burkina Faso (PANA) - The 5th West African Mining Week will be held from 28 to 30 September 2023 [...] Full text...
31 august 2023 - 16:41:59
Gaborone, Botswana (PANA) - Botswana’s growth is expected to slow to 3.8 per cent in 2023 due to a projected [...] Full text...
31 august 2023 - 07:52:01
Bissau, Guinea-Bissau (PANA) - The Executive Board of the International Monetary Fund (IMF) on Thursday completed the second review under [...] Full text...
30 august 2023 - 16:08:51
/Washington DC, US (PANA) - Climate change poses grave threats to countries across Africa—but especially fragile and conflict-affected states.
As the [...] Full text...
27 august 2023 - 05:58:47
New York, US (PANA) - Wastewater, long seen as an environmental and health hazard, possesses untapped potential as an alternative [...] Full text...
25 august 2023 - 13:50:35
Washington DC, US (PANA) - Fossil-fuel subsidies surged to a record $7 trillion last year as governments supported consumers and [...] Full text...
15 august 2023 - 05:53:32
Washington, DC, US (PANA) - U.S. businesses and Americans operating in South Sudan and the region should undertake robust due diligence [...] Full text...
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...
07 august 2023 - 15:52:10
Johannesburg, South Africa (PANA) - Vancouver-based B2Gold remains actively committed to exploring expansion opportunities in Mali, despite the government’s proposal [...] Full text...
03 august 2023 - 09:55:15
Abidjan, Cote d'Ivoire (PANA) - The Vice President of the African Development Bank (AfDB) Group, Solomon Quaynor, has concluded a [...] Full text...
02 august 2023 - 06:58:36
Dar es Salaam, Tanzania (PANA) – Tanzanian authorities should enhance domestic revenue mobilisation through tax reforms, which will help create [...] Full text...
01 august 2023 - 07:13:32
Mogadishu, Somalia (PANA) - In a context of multiple and overlapping shocks related to frequent climatic hazards, as well as [...] Full text...
27 july 2023 - 16:34:26
Washington, DC, US ( PANA) - The United States on Thursday announced sanctions against Abdiweli Mohamed Yusuf, the head of [...] Full text...
27 july 2023 - 08:33:20
Bamako, Mali (PANA) - Mali’s economy showed signs of resilience despite Economic Community of West African States (ECOWAS) sanctions, high [...] Full text...
25 july 2023 - 16:42:46
Washington, DC, US (PANA) - The global economy continues to gradually recover from the pandemic and Russia’s invasion of Ukraine. [...] Full text...
22 july 2023 - 06:59:39
New York, US (PANA) - Two top officials underlined the UN’s commitment to Africa’s development during a dialogue with representatives [...] Full text...
20 july 2023 - 13:38:01
Washington, DC, US (PANA) – Lesotho’s economy continues to face a number of challenges in the wake of the pandemic [...] Full text...
19 july 2023 - 18:31:06
Nairobi, Kenya (PANA) - Police have shot dead one person and wounded scores during the first day of three days [...] Full text...
19 july 2023 - 15:58:42
Accra, Ghana (PANA) - A combination of domestic imbalances and external shocks in 2022 led to macroeconomic challenges in Ghana [...] Full text...
19 july 2023 - 08:02:42
Abidjan, Cote d'Ivoire (PANA) - More than 50 Ivorian-based companies attended the CAF and Ivorian Local Organising Committee (LOC)-hosted business [...] Full text...
18 july 2023 - 11:44:28
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a 38-month arrangement under [...] Full text...
14 july 2023 - 16:14:25
Nairobi, Kenya (PANA) - African leaders due to meet in Nairobi on Sunday, will focus on revitalising continental trade, which [...] Full text...
14 july 2023 - 07:30:30
Lusaka, Zambia (PANA) – Zambian authorities have made commendable efforts over the past two years to stabilise the economy, despite [...] Full text...
13 july 2023 - 15:33:01
Abidjan, Cote d’Ivoire (PANA) - CAF on Thursday posted commercial revenues of US$125.2 million - a 17% year on year [...] Full text...
13 july 2023 - 06:57:24
Dakar, Senegal (PANA) - After slowing to 4.7 percent in 2022, growth in Senegal is projected to rebound to over [...] Full text...
11 july 2023 - 19:06:35
Kigali, Rwanda (PANA) - Rwanda’s economy grew by 9.2% in the first quarter of 2023, following 8.2% growth in 2022, [...] Full text...
08 july 2023 - 06:39:14
Cape Town, South Africa (PANA) - According to the 2023 Tax Transparency in Africa progress report, unveiled at the 13th [...] Full text...
07 july 2023 - 23:01:20
Nairobi, Kenya (PANA) - The Kenyan opposition coalition kicked off its series of protests against high state taxes on Friday, [...] Full text...
07 july 2023 - 13:07:47
Tripoli, Libya (PANA) - Libya earned about US$10.29 (49.5 billion dinars) during the first half of 2023, the Central Bank [...] Full text...
06 july 2023 - 13:10:13
Tripoli, Libya (PANA) - Senior Libyan government, central bank and national oil company officials on Wednesday held a meeting on [...] Full text...
06 july 2023 - 07:52:05
Washington, DC, US (PANA) - Crypto assets that can be used as instruments of payment have proliferated into more than [...] Full text...
06 july 2023 - 07:35:11
Victoria, Seychelles (PANA) - Seychelles is successfully balancing conservation and economic development by tapping innovative financing instruments, according to Country [...] Full text...
03 july 2023 - 17:29:29
Tripoli, Libya (PANA) - Libyan Prime Minister Abdelhamid Al-Dbaiba has stressed that the government of national unity attaches importance to [...] Full text...
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...
27 june 2023 - 15:19:27
Khartoum, Sudan (PANA) - The three Western countries that have been funding peace and post-war projects in Sudan and South [...] Full text...