Banjul, Gambia (PANA) - Global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia’s invasion of Ukraine, according to the World Bank’s latest Global Economic Prospects report Full text...

Cape Town, South Africa (PANA) – Global ratings agency, Moody’s, on Tuesday warned that low economic growth and rising debt burden in South Africa could see socioeconomic tensions intensify in the near future Full text...

Cape Town, South Africa (PANA) – President Cyril Ramaphosa is this week expected to unveil a massive stimulus package to help turn South Africa’s COVID-19 battered economy around Full text...

Gaborone, Botswana (PANA) - Financial services provider, Stanbic Bank Botswana has implored the local business community to aggressively innovate against the unravelling impacts of COVID-19 pandemic Full text...

Paris, France (PANA) - The French minister of State for Foreign Affairs, Jean-Baptiste Lemoyne, has said that France supports the efforts of the European Commission for the conclusion, as soon as possible, of an ambitious agreement between the European Union (EU) and the African, Caribbean and Pacific (ACP) countries Full text...

Tunis, Tunisia (PANA)  -  The Tunisian Labour Party has strongly criticized the continuation of the country’s debt policy, describing it as ‘barking behind more debts’ Full text...

Tunis Tunisia (PANA) - For the first time in month, Tunisia's net assets in foreign currencies exceeded 20 billion Tunisian dinars allowing the country to have 115 days of imports, said the Tunisian Central Bank (BCT) on its website Full text...

Banjul, Gambia (PANA) - Countries meeting at the African Union (AU)’s 33rd assembly in Addis Ababa, Ethiopia, Monday adopted a unified position on the recovery of illicit assets, a source close to Trust Africa, a pan-African independent foundation based in Dakar, Senegal, disclosed to PANA Full text...

Lomé, Togo (PANA) - Togo's economic recovery is strengthening, according to an International Monetary Fund (IMF) staff mission that visited Lomé from 4-17 December to conduct the sixth and last review of the programme supported by the Fund's Extended Credit Facility (ECF) Full text...

Gaborone, Botswana (PANA) - Botswana's Acting Minister of Investment, Trade and Industry, Karabo Socraat Gare, has lauded the International Trade Centre for its dedication to the development of micro, small and medium-sized enterprises (SMEs) in the country Full text...

Cotonou, Benin (PANA) - Benin is looking forward to further improving its macroeconomic indicators in 2020, according to the draft budget submitted by the government to the National Assembly for adoption Full text...

Tunis, Tunisia (PANA) - The resident representative of the United Nations Development Program (UNDP) in Tunisia, Steve Utterwulghe, will Tuesday chair the inauguration of the first "rapid analysis laboratory" in Tunis, PANA learned on Monday from informed sources Full text...

WB forecasts gloomy picture of Libya’s economy

Tripoli, Libya (PANA)  -  The World Bank Thursday predicted a  very “pessimistic” picture for the Libyan economy for the next two years, dropping from an estimated growth of 5 Full text...

Tunis, Tunisia (PANA) - Tunisia recorded an economic growth of 1 Full text...

Lusaka, Zambia (PANA) – The Monetary Policy Committee (MPC) of the Bank of Zambia (BOZ) has decided to maintain the policy rate at 9 Full text...