IMF team concludes Ghana visit
MA Accra, Ghana (PANA) - An International Monetary Fund (IMF) staff team led by Stéphane Roudet has visited Ghana as part of their regular engagement with [...] Full text...
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- Agriculture
Agricultural value chains, a major potential for Africa’s development.
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Senior US diplomat participates in Dakar Biennale
- Economy
IMF team concludes Ghana visit
- Environment
UK High Court set to hear suit by Nigerian communities against Shell over pollution
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Transforming girls’ education in Northern Nigeria: the role of traditional leaders: World Bank Blog By Aisha Garba Mohammed, Senior Education Specialist
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Uncertainty around US aids freeze puts millions of people at risk: MSF
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African Union Summit opens in Ethiopia
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Lessons of Hamas operation against Israel, - Libyan newspaper,
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Power of AI rests ’in the hands of a few’: Guterres warns
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DR Congo: Rights chief warns crisis could worsen, without international action
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UN rights office condemns continuing Israeli military operation in West Bank
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AFCON competitions: Groups emerge after draws
Economy
Friday's exchange rates for the Gambian Dalasi
MSS Banjul, Gambia (PANA) — The following are Friday's exchange rates for the Gambian Dalasi as published by the Central Bank of Gambia.Currency [...] Full text...
IMF staff completes Staff-Monitored Programme discussion with Zimbabwe
AR Harare, Zimbabwe (PANA) - Following the request for a Staff-Monitored Programme (SMP) by the Zimbabwe authorities in 2023, an International Monetary Fund (IMF) staff team [...] Full text...
Rising rates may trigger financial instability, complicating fight against inflation: IMF Blog By Katharina Bergant, Mai Hakamada, Divya Kirti, and Rui C. Mano
AR Washington, DC, United States (PANA) - Before the pandemic, investors worried about how persistently low inflation and interest rates would crimp bank profits. Paradoxically, they also [...] Full text...
World Bank expands support to electrify rural Eswatini
AR Mbabane, Eswatini (PANA) - A new World Bank financed project is helping set Eswatini on the path to universal energy access by 2030. According to a [...] Full text...
Friday’s exchange rates for the Tanzania Shilling
AR Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Friday as issued by the Bank of Tanzania.Currency [...] Full text...
Thursday’s exchange rates for the Tanzania Shilling
AR Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Thursday as issued by the Bank of Tanzania.Currency [...] Full text...
Ghana can pave the way for sustainable growth by focusing on long-term reforms: WBG report
AR Accra, Ghana (PANA) - The World Bank Group’s latest Public Finance Review report, titled “Building the Foundations for a Resilient and Equitable Fiscal Policy,” highlights [...] Full text...
Ethiopia to host Eighth African Business Forum on Monday
BBA Cotonou, Benin(PANA) - The Eighth Africa Business Forum will be held in Addis Ababa next Monday under the theme, "From Potential to Prosperity: Activating Africa's [...] Full text...
Empowering Somalia's economy beyond remittances for long-term stability: World Bank Blog By Abdirahman Bashir Shariff and Aieshwarya Davis
AR Mogadishu, Somalia (PANA) - When Somalia reached the HIPC (Heavily Indebted Poor Countries) completion point recently, it marked a transformative milestone—a moment that inspired us [...] Full text...
UK fast food giant opens first store in Africa
CU Cape Town, South Africa (PANA) – British multi-national sandwich and coffee shop franchise Pret A Manger will launch in Johannesburg on Friday.The franchise giant opened [...] Full text...
Wednesday’s exchange rates for the Tanzania Shilling
AR Dar es Salaam, Tanzania (PANA) - The following are the exchange rates for the Tanzania Shilling on Wednesday as issued by the Bank of Tanzania.Currency [...] Full text...
The Troika of technical and financial partners reaffirms its commitment to supporting Burkina Faso
BBA Ouagadougou, Burkina Faso (PANA) - The Troika of technical and financial partners (TFPs) on Tuesday reaffirmed their commitment to supporting Burkina Faso in its quest [...] Full text...
Tuesday's exchange rates for the Gambian Dalasi
MSS Banjul, Gambia (PANA) — The following are Tuesday's exchange rates for the Gambian Dalasi as published by the Central Bank of Gambia.Currency [...] Full text...
Scaling innovative finance for growth in the Horn of Africa: World Bank Blog By Boutheina Guermazi, Ahmed Rostom and Michael Fuchs
AR Addis Ababa, Ethiopia (PANA) - As we step into 2025, it’s a perfect time to reflect on the future of the Horn of Africa (HoA) [...] Full text...
Tuesday’s exchange rates for the Tanzania Shilling
AR Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Tuesday as issued by the Bank of Tanzania.Currency [...] Full text...
Africa has potential to become major driver of global trade, says UN
MA Geneva, Switzerland (PANA) - Africa can turn its economic vulnerabilities into opportunities through trade, investment and regional integration, say the authors of a new UN [...] Full text...
Monday’s exchange rates for the Tanzania Shilling
AR Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Monday as issued by the Bank of Tanzania.Currency [...] Full text...
African leaders to discuss establishment of Africa Credit Rating Agency
MA Addis Ababa, Ehiopia (PANA) - African Heads of State and Government are set to convene for a Presidential Dialogue on the establishment of an Africa [...] Full text...
Friday’s exchange rates for the Tanzania Shilling
AR Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Friday as issued by the Bank of Tanzania.Currency [...] Full text...
Thursday's exchange rates for the Gambian Dalasi
MSS Banjul, Gambia (PANA) — The following are Thursday's exchange rates for the Gambian Dalasi as published by the Central Bank of Gambia.Currency [...] Full text...
IMF completes first review of Liberia’s ECF programme underlining governance reforms
AR Monrovia, Liberia (PANA) – Liberia is now in position to draw US$46 million from the International Monetary Fund (IMF) for strengthening its international reserve under [...] Full text...
Cameroon at a crossroads: Urgent call for fiscal transformation: World Bank Blog By Amina Coulibaly, Francis Ngomba Bodi and Mouhamadou Moustapha Lo
AR Yaoundé, Cameroon (PANA) - Despite its natural resources and dynamic people, Cameroon’s economic progress has stalled, leaving income per capita below what it was in [...] Full text...
Thursday’s exchange rates for the Tanzania Shilling
AR Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Thursday as issued by the Bank of Tanzania.Currency [...] Full text...
Reusable rockets, air taxis and ‘autonomous autos’ are the future: WIPO
MA Geneva, Switzerland (PANA) - Air taxis, “autonomous autos” and reusable rockets are just some of the future transport solutions that inventors all over the world [...] Full text...
Two companies sign CFAF 150 billion to boost Mali's cotton industry
BBA Bamako, Mali (PANA) - A pool of banks represented by the Banque de Développement du Mali (BDM), one of the country's largest banking institutions, and [...] Full text...
Wednesday's exchange rates for the Gambian Dalasi
MSS Banjul, Gambia (PANA) — The following are Wednesday's exchange rates for the Gambian Dalasi as published by the Central Bank of Gambia.Currency [...] Full text...
South Africa’s energy, transport reforms could create 500,000 jobs: World Bank
AR Cape Town, South Africa (PANA) - South Africa could increase its GDP growth by 1% in the short term and up to 3% in the [...] Full text...
Wednesday’s exchange rates for the Tanzania Shilling
AR Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Wednesday as issued by the Bank of Tanzania.Currency [...] Full text...
Surge in tourists visiting South Africa
CU Cape Town, South Africa (PANA) – South Africa’s tourism sector continues to grow, with total arrivals reaching 8.92 million in 2024, marking a 5.1% increase [...] Full text...
Tuesday's exchange rates for the Gambian Dalasi
MSS Banjul, Gambia (PANA) — The following are Tuesday's exchange rates for the Gambian Dalasi as published by the Central Bank of Gambia.Currency [...] Full text...
Benin: An African pioneer – IMF Country Focus
AR Porto-Novo, Benin (PANA) - Benin faced a number of negative spillovers in 2022: a deteriorating regional security situation at its northern border, the lingering scars [...] Full text...
Tuesday’s exchange rates for the Tanzania Shilling
AR Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Tuesday as issued by the Bank of Tanzania.Currency [...] Full text...
Monday's exchange rates for the Gambian Dalasi
MSS Banjul, Gambia (PANA) — The following are Monday's exchange rates for the Gambian Dalasi as published by the Central Bank of Gambia.Currency [...] Full text...
Monday’s exchange rates for the Tanzania Shilling
AR Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Monday as issued by the Bank of Tanzania.Currency [...] Full text...
IMF Executive Board Concludes 2024 Article IV Consultation with South Africa
MA Washington, DC, US (PANA) - South Africa’s economy has continued to face challenges in recent years, the International Monetary Fund (IMF) has said.This is contained [...] Full text...
Saturday’s exchange rates for the Tanzania Shilling
AR Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Saturday as issued by the Bank of Tanzania.Currency [...] Full text...
Libyan Oil Minister participates the launch of the Arab Energy Fund's new identity
BBA Tripoli, Libya (PANA) - The Libyan Minister of Oil and Gas in the Government of National Unity, Khalifa Abdul Saddok, Thursday participated in the launch [...] Full text...
Cameroon gains some recovery as economic growth remains subdued
AR Yaoundé, Cameroon (PANA) - Cameroonian authorities and the International Monetary Fund (IMF) have reached a staff-level agreement on the seventh reviews of the Extended Credit [...] Full text...
Friday's exchange rates for the Gambian Dalasi
MSS Banjul, Gambia (PANA) — The following are Friday's exchange rates for the Gambian Dalasi as published by the Central Bank of Gambia.Currency [...] Full text...
'Improved resilience to weather shocks can boost Zimbabwe’s recovery'
AR Harare, Zimbabwe (PANA) - Zimbabwe’s economic outlook is positive, with recovery from the 2019/20 COVID-19 recession and the 2024 El Niño-related drought, according to the [...] Full text...
Malawi needs urgent action on macroeconomic reforms and transformative potential of mining: WB report
AR Lilongwe, Malawi (PANA) - Malawi’s economic recovery remains fragile due to lagging implementation of macroeconomic reforms and a series of exogenous shocks impacting the country [...] Full text...
Friday’s exchange rates for the Tanzania Shilling
AR Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Friday as issued by the Bank of Tanzania.Currency [...] Full text...
Libya participates in 2nd Global Labour Market Conference in Saudi Arabia
BBA Tripoli, Libya (PANA) - The Libyan Minister of Labour and Rehabilitation, Ali al-Abed al-Ridha, is participating in the two-day second Global Labour Market Conference (GLMC [...] Full text...
Thursday's exchange rates for the Gambian Dalasi
MSS Banjul, Gambia (PANA) — The following are Thursday's exchange rates for the Gambian Dalasi as published by the Central Bank of Gambia.Currency [...] Full text...
Thursday’s exchange rates for the Tanzania Shilling
AR Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Thursday as issued by the Bank of Tanzania.Currency [...] Full text...
East African countries move to ease cross-border clearance of goods
AO Arusha, Tanzania (PANA) - The East African Community (EAC) has unveiled a Single Customs Territory (SCT), a centralized platform, designed to facilitate the seamless clearance [...] Full text...
Wednesday's exchange rates for the Gambian Dalasi
MSS Banjul, Gambia (PANA) — The following are Wednesday's exchange rates for the Gambian Dalasi as published by the Central Bank of Gambia.Currency [...] Full text...
How to close Africa's energy access gap: World Bank Blog By Anna Bjerde, World Bank Managing Director of Operations
AR Dar es Salaam, Tanzania (PANA) - What will it take to bring electricity to 300 million people in Africa who currently live without it? This [...] Full text...
Heads of State commit to concrete plans to transform Africa’s energy sector, with strong backing of global partners
AR Dar es Salaam, Tanzania (PANA) - Thirty African Heads of State and governments have committed to concrete reforms and actions to expand access to reliable, [...] Full text...