IMF Executive Board approves US$8.1 million disbursement for Guinea Bissau

14 may 2024 - 07:54:18
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday completed the fourth and fifth [...] Full text...

thread Economy

Africa Travel Indaba show opens

13 may 2024 - 12:29:48
Cape Town, South Africa (PANA) – Thousands of delegates and exhibitors from around the world have gathered at Durban’s Inkosi [...] 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

Libya, IMF focus on assessing general economic and financial situation in Libya

09 may 2024 - 16:40:21
Tripoli, Libya (PANA) - Libya and the International Monetary Fund (IMF) continued discussions Thursday as part of the Article IV [...] Full text...

thread Economy

IMF, Zambian officials discuss economic impact of current drought

09 may 2024 - 16:11:48
Lusaka, Zambia (PANA) - Zambian officials and the International Monetary Fund (IMF) staff have advanced technical work as part of [...] Full text...

thread Economy

National Safety, Security Officers meet virtually across Africa

08 may 2024 - 07:48:37
Cairo, Egypt (PANA) - Members of the CAF Department of Safety and Security met on 7 May 2024, with the [...] Full text...

thread Sports

IMF Executive Board approves US$71 million in Emergency Financing Support for Guinea

07 may 2024 - 05:41:13
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday approved a disbursement of SDR [...] Full text...

thread Economy

Trafficking in the Sahel: Cracking down on illicit drugs (Feature by UN News)

06 may 2024 - 05:29:35
 Dakar, Senegal (PANA) - Cocaine, cannabis and opioids are getting easier to buy as criminal networks and armed groups capitalise [...] Full text...

thread Society

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

04 may 2024 - 11:03:47
Banjul, Gambia (PANA) - The Gambian economic activity is recovering robustly as the country continues to advance its reform agenda [...] Full text...

thread Economy

Senegal maintains resilience despite economic challenges: IMF

04 may 2024 - 09:25:20
Dakar, Senegal (PANA) - A team from the International Monetary Fund (IMF) has concluded a mission to Senegal affirming that [...] Full text...

thread Economy

IMF team reaches staff-level deal with Mali on rapid credit

01 may 2024 - 09:26:17
Bamako, Mali (PANA) – International Monetary Fund (IMF) staff and the Malian authorities have reached a staff-level agreement on emergency [...] Full text...

thread Economy

Botswana makes strides to nip excessive gambling plague

30 april 2024 - 16:38:52
Gaborone, Botswana (PANA) - Botswana Gambling Authority on Tuesday launched a self-help portal and a toll-free line to curb excessive [...] Full text...

thread Society

Harnessing Sub-Saharan Africa’s critical mineral wealth

29 april 2024 - 18:48:51
Kinshasa, DR Congo (PANA) - From electric vehicles to solar panels to future innovations, the global transition to clean energy [...] Full text...

thread Economy

African Governments falling short on healthcare funding, says rights group

29 april 2024 - 07:06:33
Washington, DC, US (PANA) – African governments are falling far short in their commitments to prioritise public spending on health [...] Full text...

thread Health

General Assembly President raises alert over ‘commodity dependence’

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...

thread Economy

Top UN official calls for increased capital flows to developing countries

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...

thread Economy

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

Silence the guns, amplify women’s voices for peace to end rape in wartime

24 april 2024 - 05:03:40
New York, US (PANA) - The UN verified 3,688 cases of rape and other sexual violence committed in war in [...] Full text...

thread Gender

African Business Founders to take Centre Stage at soirée in Johannesburg

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...

thread Economy

CAR struggles to stabilise economy against complex humanitarian crisis

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...

thread Economy

Sub-Saharan Africa faces turning point

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...

thread Economy

Why our world needs fiscal restraint in biggest-ever election year: IMF Blog By Era Dabla-Norris, Vitor Gaspar, Marcos Poplawski-Ribeiro, Jiae Yoo

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...

thread Economy

UN leaders urge ‘wholesale reform’ of global financial architecture

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...

thread Economy

Uncertainty, amidst conflict and indebtedness, weighs on the outlook for MENA region

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...

thread Economy

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

IMF acknowledges Ghana’s strong performance under ECF arrangement

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...

thread Economy

HRW says COVID pandemic data reveals threats, opportunities to improve health systems

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...

thread Health

Industrial policy is not magic cure for slow growth: IMF Blog By Era Dabla-Norris, Daniel Garcia-Macia, Vitor Gaspar, Li Liu

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...

thread Economy

World Bank Group announces new approach to measuring impact

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...

thread Society

Emerging markets exercising greater global sway: New IMF Blog By Nicolas Fernandez-Arias, Alberto Musso, Carolina Osorio-Buitron, Adina Popescu

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...

thread Economy

Libya rakes in nearly $6 billion in revenues for 1st quarter of 2024

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...

thread Economy

IMF reaches staff level agreement with Côte d’Ivoire on review of EFF/ECF arrangements

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...

thread Economy

Seychelles, IMF mission reach staff-level deal on second reviews under EFF and RSF

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...

thread Economy

IMF approves augmentation of Egypt’s EFF arrangement

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...

thread Economy

Algerian economy struggles with persistent inflation - IMF

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...

thread Economy

Libya aims to increase non-oil revenues to 60%

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...

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

IMF deputy MD says Angola has a promising future

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...

thread Economy

IMF concludes 2024 discussions on common policies of WAEMU member countries

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...

thread Economy

Norway, UK, US urge South Sudan leaders to ensure genuine, peaceful elections in December

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...

thread Politics

13th African Games: South Africa's hockey team withdraws because of unsuitable pitch

19 march 2024 - 09:01:59
Cape Town, South Africa (PANA) – The South African national hockey team has withdrawn from the 13th African Games due [...] Full text...

thread Sports

Libya's Prime Minister denies rumours of economic difficulties

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...

thread Economy

FIFA picks Qatar, Morocco to host 5 youth World Cups as Middle East, North Africa influence grows

18 march 2024 - 10:26:55
Geneva, Switzerland (PANA) - FIFA has awarded 10 editions of its Under-17 World Cups, to be hosted by Qatar and [...] Full text...

thread Sports

IMF approves US$1.3 billion under RSF for Cote d’Ivoire

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...

thread Economy

Decision by Libyan Speaker to tax forex transactions stirs outcry in Parliament

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...

thread Economy

IMF reaches staff-level deal with Guinea Bissau on ECF reviews

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...

thread Economy

US sanctions 16 entities, individuals helping al-Shabaab

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...

thread Society

US sanctions companies, individuals advancing 'Russian malign activities' in Africa

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...

thread Politics

IMF staff complete deal on first review of Somalia’s ECF arrangement

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...

thread Economy

Burkina Faso prepares for ECF review by IMF Executive Board in May

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...

thread Economy

UN telecoms agency chief: One third of humanity still offline

08 march 2024 - 07:32:05
Geneva, Switzerland (PANA) - The benefits of cutting-edge technology remain out of reach for around 2.6 billion people globally who [...] Full text...

thread Society

IMF approves US$120 million credit for Uganda’s recovery from recent shocks

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...

thread Economy

BCL governor calls on Libyan parliament to revise dinar exchange rate and impose tax on foreign exchange transactions

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...

thread Economy

Libya generates nearly $3 billion in revenues in January and February this year

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...

thread Economy

Hannan Morsy of ECA reveals the pillars of sustainable development for Africa

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...

thread Economy

North Gaza aid mission reveals more infants may die from hunger

05 march 2024 - 19:19:34
Cairo, Egypt (PANA) - A rare opportunity to deliver desperately needed supplies to hospitals in northern Gaza for the first [...] Full text...

thread Society

Libyan prime minister pledges to work towards stronger dinar

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...

thread Politics

New reports identify pathways to build climate-smart economy in Zimbabwe

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...

thread Economy

Address food insecurity as priority, IMF advises Nigeria

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...

thread Economy

Ghana's Finance ministry urges President to pause assent to anti-LGBTQ bill

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...

thread Society

IMF avails US$390 million under ECF for poverty reduction in Togo

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...

thread Economy

UN Commission warns South Sudan's repressive regime may fail to restore stability

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...

thread Politics

Ethiopia explores key reforms to spur economic expansion

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...

thread Economy

Climate Action in Ethiopia: Acting now to build resilience and leverage opportunities

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...

thread Environment

Rwanda’s economic performance strengthened in 2023 despite continued challenges

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...

thread Economy

How G20 can build on the world economy’s recent resilience: IMF Blog By Kristalina Georgieva

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...

thread Economy

G7 leaders declare war on Russian economy among measures for supporting Ukraine

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...

thread Politics

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

EU leaders declare solidarity, commitment and resolve to support Ukraine against Russia

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...

thread Politics

Israel/Gaza crisis: WBG supports delivery of essential education services

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...

thread Society

World Economic Forum to advance improved trade through technology at MC13

22 february 2024 - 14:23:16
Geneva, Switzerland (PANA) - The World Economic Forum will convene 300 ministers, business leaders, trade leaders and experts, as well [...] Full text...

thread Economy

Investment set to boost Morocco’s output growth: IMF

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...

thread Economy

Burkina Faso suspends artisanal gold exports

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...

thread Economy

Over 2,000 participants expected at the ECOWAS Mining and Oil Forum

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...

thread Economy

Cotonou to host fourth ECOWAS Mining and Petroleum Forum on Thursday

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...

thread Economy

Africa to account for 11 of world’s 20 fastest-growing economies in 2024: AfDB

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...

thread Economy

Ethiopia, Somalia diplomatic rift widens after alleged security breaches at AU Summit

17 february 2024 - 22:51:32
Addis Ababa, Ethiopia (PANA) - Somali President Mohamud Hassan said on Saturday that the Ethiopian government wanted to annex part [...] Full text...

thread Politics

African countries scoop 11 out of 20 world's top growth economies

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...

thread Economy

Strengthening transparency, governance, revitalising economic growth are among challenges facing Gabon: IMF mission

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...

thread Economy

IMF staff, government officials discuss Zimbabwe’s governance, growth prospects

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...

thread Economy

UPDATE: Senegal 'suspends' internet as Dakar Prefect bans march to protest poll delay

13 february 2024 - 14:23:35
Dakar, Senegal (PANA) – The Senegalese authorities on Tuesday announced the suspension of internet at "certain time slots" as the [...] Full text...

thread Politics

Dakar prefect bans protest march against postponement of presidential election

13 february 2024 - 12:56:49
Dakar, Senegal (PANA) – The prefect of Dakar, Cherif Mouhamadou Blondin Ndiaye, has banned Tuesday's march in tribute to three people who [...] Full text...

thread Politics

‘I am a scientist’: How after-school clubs can help build the next generation of female scientists in Sub-Saharan Africa: World Bank Blog By Christiane Voufo

12 february 2024 - 06:44:50
Dar es Salaam, Tanzania (PANA) - Failure to educate girls costs approximately $15 to $30 trillion in lifetime earnings for [...] Full text...

thread Gender

South Africa: Ramaphosa to attend Palestine solidarity football match

10 february 2024 - 13:43:20
Cape Town, South Africa (PANA) - President Cyril Ramaphosa has confirmed that he will attend the Football for Humanity match [...] Full text...

thread Sports

Silent debt crisis engulfing developing economies with weak credit ratings: World Bank Blog (By Philip Kenworthy, M. Ayhan Kose and Nikita Perevalov)

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...

thread Economy

Libya produces 4,000 barrels of oil per day from Abu Attifel field in the east after rehabilitation

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...

thread Economy

Libyan, UN officials meet over national reconciliation in Libya

31 january 2024 - 18:06:37
Tripoli, Libya (PANA) - The deputy Chairman of the Libyan Presidential Council, Abdallah al-Lafi, and the Head of the United [...] Full text...

thread Politics

Geopolitical situation in Horn of Africa region poses risks to Djibouti’s recovery – IMF warns

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...

thread Economy

Morocco, Gambia Agree to Further Develop Economic Partnership, Increase Bilateral Exchanges

25 january 2024 - 18:12:36
Banjul, Gambia (PANA) - The Kingdom of Morocco and the Republic of The Gambia agreed on Thursday in Dakhla to [...] Full text...

thread Politics

How to ease rising external debt-service pressures in low-income countries: IMF Blog By Allison Holland and Ceyla Pazarbasioglu

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...

thread Economy

World Bank to provide $300 million to Ghana to strengthen macroeconomic stability, support resilient economic growth

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...

thread Economy

Burkina Faso launches mine tailings treatment plant

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...

thread Economy

Burundi set for stronger economic recovery in 2024: IMF mission

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...

thread Economy

BREAKING NEWS: Liberia's presidential inauguration suspended after Boakai falls ill at podium (By Paul Ejime)

22 january 2024 - 15:28:54
Monrovia, Liberia (PANA) - The swearing in ceremony of Liberia's new President Joseph Boakai came to an abrupt end after [...] Full text...

thread Politics

UFC president considers hosting World Championship bout in South Africa

22 january 2024 - 11:51:42
Cape Town, South Africa (PANA) – Ultimate Fighting Championship (UFC) President Dana White says he is determined to host a [...] Full text...

thread Sports

IMF approves second tranche of US$600 million for Ghana under ECF arrangement

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...

thread Economy

Botswana issues first sustainable bond

18 january 2024 - 17:59:58
Gaborone, Botswana (PANA) - Botswana Stock Exchange (BSE) has listed the country's first sustainable bond, as companies seek to heal [...] Full text...

thread Economy

Libya, Philippines hold bilateral meeting

18 january 2024 - 12:38:48
Tripoli, Libya (PANA) - The Libyan Minister of Foreign Affairs and International Cooperation, al-Taher al-Baour, held a meeting with the [...] Full text...

thread Politics

Libya earns more than 26 billion in revenues in 2023

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...

thread Economy

Libyan Prime Minister calls for an end to centralisation and greater autonomy for municipalities

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...

thread Politics

South African artist injured in flying incident

11 january 2024 - 06:04:11
Cape Town, South Africa (PANA) – South Africa’s Grammy award-winning DJ Nkosinathi “Black Coffee” Maphumulo is recovering in an Argentina [...] Full text...

thread Society

2023 AFCON: Expected important events and information

09 january 2024 - 13:03:33
Abidjan, Cote d'Ivoire (PANA) - As kickoff for the TotalEnergies Africa Cup of Nations, Cote d’Ivoire 2023, approaches, the CAF [...] Full text...

thread Sports

Natural gas accelerates Mozambique economic recovery: IMF

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...

thread Economy

2023 AFCON: African legends Diouf, Gyan, Hassan, Okocha first to sign up for CAF Ambassadors Programme

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...

thread Sports

Libya earns more than $26 billion in revenues in 2023 - Central Bank

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...

thread Economy

Sudan conflict: Sudan recalls Ambassador to Kenya over reception for RSF leader

05 january 2024 - 07:53:45
Port Sudan (PANA) - Sudan has recalled its ambassador to Kenya, Kamal Jubbara, in protest against the official reception given by [...] Full text...

thread Politics

'South Africa well positioned to capitalise on Middle East crisis'

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...

thread Economy

IMF concludes first reviews of Mauritania’s progress under EFF/ECF arrangements

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...

thread Economy

IMF approves US$100 million under new ECF arrangement for Somalia

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...

thread Economy

2025 Club World Cup: FIFA confirms qualifiers, unveils new Intercontinental Cup competition

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...

thread Sports

Abdoulaye Bathily calls for new political agreement in Libya

18 december 2023 - 18:33:59
Tripoli, Libya (PANA) - The Special Representative of the Secretary-General of the United Nations, Abdoulaye Bathily, has stated that the [...] Full text...

thread Politics

IMF directors complete review of Comoros Fund-assisted reform programme

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...

thread Economy

Congo promotes governance reforms to boost inclusive, sustainable growth

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...

thread Economy

IMF approves new two-year arrangement under RSF for Benin

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...

thread Economy

DRC growth resilient amid challenging socioeconomic, security environment: IMF

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...

thread Economy

IMF sees near-term prospects for Algerian economy as favourable though inflation still high

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...

thread Economy

Kenya can build on past success to make growth more inclusive, accelerate poverty reduction

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...

thread Economy

Why digital trade should remain open: IMF Blog By Michele Ruta and Adam Jakubik

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...

thread Economy

COP28: Fossil fuel commitment lacks urgency, says HRW

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...

thread Environment

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

IMF, World Bank announce US$4.5 billion in debt relief for Somalia

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...

thread Economy

Turning the Corner, time to move from reforms to results

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...

thread Economy

Kenya secures support to further strengthen transparency in public finance management

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...

thread Economy

World Bank supports Cape Verde's efforts to strengthen drivers of growth

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...

thread Economy

Libyan PM unveils govt's efforts to promote national renewable energy strategy

11 december 2023 - 17:54:30
Tripoli, Libya (PANA) - Libyan Prime Minister Abdulhamid Al Dbaiba has stated that his government has been working on avenues [...] Full text...

thread Economy

COP28: Seaweed, 'the greatest untapped resource', says Oceans expert

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...

thread Environment

COP28: The UN’s net-zero food plan to save the 1.5-degree goal, combat climate ‘doomisim’

10 december 2023 - 17:38:58
Dubai, UAE (PANA) - As COP28 heads into its final working days in Dubai, the UN’s agriculture wing launched on [...] Full text...

thread Environment

COP28: UN says staggering $7 trillion spent every year on investments that fuel climate change

09 december 2023 - 17:18:10
Dubai, UAE (PANA) - Nearly $7 trillion of public and private finance each year supports activities that directly harm nature [...] Full text...

thread Environment

Human Rights Day: EU High Representative underlines respect for human rights

09 december 2023 - 16:16:07
Brussels, Belgium (PANA) - Respecting, protecting and fulfilling human rights is essential for fostering justice and accountability, and to end [...] Full text...

thread Society

World Bank channels $300 million to support Côte d'Ivoire's growth

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...

thread Economy

Financial crimes hurt economies - must be better understood and curbed: IMF Blog By Carolina Claver, Chady El Khoury, and Rhoda Weeks-Brown

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...

thread Economy

World Bank chief urges impact delivery in all development programmes

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...

thread Society

Libya earns more than $22 billion in revenues since beginning of 2023 - BCL

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...

thread Economy

IMF approves Côte d’Ivoire’s economic performance

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...

thread Economy

IMF approves US$12.3 million support disbursement to Seychelles

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...

thread Economy

COP28: Women, climate advocates driving forward change together

05 december 2023 - 06:00:21
Dubai, UAE (PANA) - To combat the disproportionate impacts of climate change on women, advocates at COP28 on Monday said [...] Full text...

thread Environment

COP28: Bring the vulnerable to ‘front of the line’ for climate funding

04 december 2023 - 13:45:18
Dubai, UAE (PANA) - Advocates showcased the devastating impacts of climate upheaval on their communities at COP 28 on Monday [...] Full text...

thread Environment

Mainstreaming climate change into Mozambique’s planning key to building resilience: WB report

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...

thread Economy

COP28: Global agrifood systems are the climate solution, new FAO report highlights

02 december 2023 - 06:06:55
Dubai, UAE (PANA) - Agrifood systems and the communities that support and depend on them are on the front lines [...] Full text...

thread Agriculture

Gambian economy continues its strong recovery-Governor Saidy

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...

thread Economy

Somalia’s economy resilient amid climatic and global shocks: WB report

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...

thread Economy

IMF Executive Board approves US$8.2 million disbursement to Guinea-Bissau

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...

thread Economy

100 million people in Eastern and Southern Africa to receive access to sustainable, clean energy by 2030

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...

thread Economy

Organic coffee brings new life to people and nature in Mozambique's Chimanimani National Park: World Bank Blog By Manuel Mutimucuio and Gabriella Morandi

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...

thread Agriculture

World Needs More Policy Ambition, Private Funds, and Innovation to Meet Climate Goals: IMF Blog By Simon Black, Florence Jaumotte, and Prasad Ananthakrishnan

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...

thread Environment

Libya attends 9th Dakar International Forum on Peace and Security in Africa

27 november 2023 - 19:26:54
Tripoli, Libya (PANA) - The Libyan Deputy Minister of Foreign Affairs and International Cooperation of the Government of National Unity, [...] Full text...

thread Politics

Conference of CEN-SAD Labour Ministers opens in Tripoli

27 november 2023 - 18:53:13
Tripoli, Libya (PANA) - The Libyan Prime Minister of the Government of National Unity, Abdulhamid al Dbaiba, Monday opened the [...] Full text...

thread Politics

CEN-SAD Executive Secretary moves to permanent headquarters in Tripoli

25 november 2023 - 19:54:04
Tripoli, Libya (PANA) - The Executive Secretary of the Community of Sahel-Saharan States (CEN-SAD), Ado el hadj Abou, took up [...] Full text...

thread Politics

Five Western countries, United States, urge Libyan protagonists to take advantage of Bathily's call for elections

24 november 2023 - 15:37:42
Tripoli, Libya (PANA) - The United States, the United Kingdom, Italy, Germany and France have urged the political parties in [...] Full text...

thread Politics

Côte d’Ivoire at crossroads as climate change threatens key growth sectors: World Bank Report

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...

thread Environment

Capt Traore lays foundation stone for construction work on Burkina Faso's first national gold refinery

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...

thread Economy

Abdoulaye Bathily invites protagonists in Libya to meeting to reach political agreement leading to elections

23 november 2023 - 17:05:22
Tripoli, Libya (PANA) - The Special Representative of the Secretary-General and Head of the United Nations Support Mission in Libya [...] Full text...

thread Politics

2023 AFCON: CAF Gen. Sec. tours Alassane Ouattara, Felix Houphouet Boigny stadiums

23 november 2023 - 09:51:06
Abidjan, Cote d'Ivoire (PANA) - CAF General Secretary Veron Mosengo-Omba on Monday toured the Alassane Ouattara Stadium and Felix Houphouet-Boigny [...] Full text...

thread Sports

From market stalls to mechanic shops: Better jobs for Côte d'Ivoire's urban youth: World Bank Blog By Raphaela Karlen, Solene Rougeaux and Sara Johansson de Silva

22 november 2023 - 12:35:58
Abidjan, Côte d’Ivoire (PANA) - Street vendors, taxi drivers, hairdressers, metal workers, repair shops - Côte d’Ivoire’s towns and cities [...] Full text...

thread Economy

Gambia receives $60M to boost sustainable growth and climate resilience

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...

thread Economy

IMF completes final review of Sierra Leone’s ECF arrangement

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...

thread Economy

Zambia set to access $184 million in IMF financing

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...

thread Economy

Follow-up meeting on the implementation of the GIZ municipal support project programme in Libya

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...

thread Politics

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

IMF and Libya end preliminary meetings

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...

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

IMF, Kenya reach staff-level deal on economic policies

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...

thread Economy

DRC must strengthen institutions, increase investments to become 'climate solutions country'

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...

thread Environment

Gender equality gains momentum in Sub-Saharan Africa: World Bank Blog By Paula Tavares and Dion Benetatos

15 november 2023 - 11:54:59
Abidjan, Côte d’Ivoire (PANA) - Sub-Saharan Africa has been making remarkable strides towards achieving legal gender equality. Between October 2021 [...] Full text...

thread Gender

2026 FIFA World Cup: Africa's hopeful ready for tough qualifying marathon

15 november 2023 - 11:52:26
Cairo, Egypt (PANA) - Africa's marathon 2026 World Cup qualifying campaign kicks off on Wednesday, 15 November, with 40 nations [...] Full text...

thread Sports

Repercussions of flood disaster in eastern Libya on agenda of 2nd meeting between the BCL and IMF

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...

thread Economy

Libyan PM reiterates to Head of UNSMIL government's vision of organizing fair elections in Libya

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...

thread Politics

What would it take for Chad to escape the low-income trap? World Bank Blog By Fulbert Tchana Tchana and Claudia Noumedem Temgoua

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...

thread Economy

World Bank: Chad's economy facing multiple challenges

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...

thread Economy

China’s slowing economy will hit Sub-Saharan Africa’s growth: IMF

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...

thread Economy

G20 economies should turn to reforms to improve growth amid policy tightening: IMF Blog By JaeBin Ahn, Nicolas Fernandez-Arias, and Neil Meads

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...

thread Economy

Policy slippages, external shocks, high inflation compound vulnerabilities in Sierra Leone

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...

thread Economy

IMF staff appreciate Congo’s efforts on policies for macroeconomic stability

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...

thread Economy

Rights advocate, dozens of others demand justice for victims of enforced disappearances in Northeast Nigeria

04 november 2023 - 07:39:07
Abuja, Nigeria (PANA) - Human rights group, Amnesty International, and more than 20 organisations and individuals are demanding justice for victims [...] Full text...

thread Society

Comorian authorities, IMF staff reach deal on economic policies and reforms

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...

thread Economy

Tax earnings in Africa remain below pandemic levels

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...

thread Economy

IMF, Somalia agree 36-month Extended Credit Facility arrangement

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...

thread Economy

Climate action: ‘Take steps to close the adaptation gap, now’ - UNEP

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...

thread Environment

IMF encourages CAR to strengthen governance as inflation flares high

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...

thread Economy

Gambia, IMF conclude staff-level deal on Extended Credit Facility

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...

thread Economy

Valuing ecosystem services for integrated landscape management in Zimbabwe: World Bank Blog By Ademola Braimoh and Easther Chigumira

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...

thread Agriculture

IMF, DRC reached staff-level deal on Extended Credit Facility

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...

thread Economy

IMF, Rwanda reach staff-level deal on policy coordination instrument

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...

thread Economy

IMF approves US$25 million disbursement to CAR

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...

thread Economy

2023 CAF WCL: 10 days to kick off

28 october 2023 - 16:51:13
Abidjan, Cote d'Ivoire (PANA) - In 10 days, Africa’s premier women’s club competition, the CAF Women’s Champions League, will officially [...] Full text...

thread Sports

IMF mission completes arrangement for Mauritania’s Resilience and Sustainability Facility

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...

thread Economy

WB report highlights importance of strengthening Algeria’s economic resilience, amidst heightening global uncertainty

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...

thread Economy

Zimbabwe requires strong reform efforts to prop up post-COVID economic recovery: IMF

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...

thread Economy

Sudan's warring factions agree to resume peace talks in Saudi Arabia

25 october 2023 - 14:03:34
Khartoum, Sudan (PANA) - Sudan's warring factions -- the Sudanese Armed Forces (SAF) and paramilitary Rapid Support Forces (RSF) -- [...] Full text...

thread Politics

CAF Women's Olympic qualifiers enter crucial second round

25 october 2023 - 09:02:20
Cairo, Egypt (PANA) - The stage is set for the second round of the African qualifying for the Women's Olympic [...] Full text...

thread Sports

FIFA chartsfootball path for girl-child in Botswana

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...

thread Sports

2023 AFCON: CAF, PUMA announce official match ball: POKOU

24 october 2023 - 08:02:03
Abidjan, Cote d'Ivoire (PANA) - CAF and PUMA have unveiled “POKOU” – the official match ball for the TotalEnergies Africa [...] Full text...

thread Sports

To reduce South Africa’s unemployment, make work more attractive: World Bank Blog( By Jacques Morisset)

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...

thread Society

FIFA 2030 World Cup: Co-hosts Morocco, Spain on collision course over venue for final match

23 october 2023 - 07:28:51
Zurich, Switzerland (PANA) - Morocco, confirmed earlier this month by FIFA as a joint-host of the 2030 World Cup finals [...] Full text...

thread Sports

2026 FIFA World Cup qualifier: Nigeria face Zimbabwe in Rwanda amid venue controversy

23 october 2023 - 07:19:38
Harare, Zimbabwe (PANA) - The Zimbabwe Football Association (ZIFA) has reportedly settled on Rwanda as its home ground for the [...] Full text...

thread Sports

Diplomatic stakes ‘could not be higher’, warns senior UN official

21 october 2023 - 06:18:38
New York, US (PANA) - As the possible transition to a new global order heightens security risks, more effective multilateral [...] Full text...

thread Politics

Maiden African Football League: Questions & Answers on the continent's newest elite club competition

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...

thread Sports

New look at global banks highlights risks from higher-for-longer interest rates: IMF Blog by Charles Cohen, Srobona Mitra, Fabio Natalucci

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...

thread Economy

Rwanda backs Saudi Arabia's bid to host World Cup in 2034

17 october 2023 - 06:22:07
Kigali, Rwanda (PANA) - Rwanda's football governing body,(FERWAFA), has officially announced its full support for the Kingdom of Saudi Arabia's [...] Full text...

thread Sports

Heads of MDBs Group vow to beef up collaboration for greater impact

15 october 2023 - 18:57:23
Marrakech, Morocco (PANA) – Admitting that the world faces a global “polycrisis” affecting human and economic development at an unprecedented [...] Full text...

thread Economy