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...
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South African Minister hails export of avocados to Japan
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UNESCO raises alarm over museum looting, loss of priceless heritage in Sudan
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Djibouti’s economy shows strong growth in 2023 despite fiscal challenges
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Island nations unite at UN: ‘Empty pledges’ will not save future generations
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Medical charity MSF raises red flags about alarming trend in sexual violence in DRC
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Lessons of Hamas operation against Israel, - Libyan newspaper,
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Ratings agency flags South Africa concerns
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...
Coronavirus: Ramaphosa to announce SA economic stimulus package
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...
Coronavirus: Botswana’s private sector implored to proactively fight COVID-19 impacts
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...
France to support an ambitious EU-ACP agreement
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...
Tunisian political party warns against dangers linked to country’s debt
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...
Tunisia's net assets in foreign currencies exceed 20 billion dinars
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...
Africa adopts position on recovery of illicit assets
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...
Togo's economic recovery efforts firm up - IMF mission
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...
Minister notes role of SMEs in Botswana's economic diversification
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...
Benin expects macroeconomic indicators to improve in 2020
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...
UN to inaugurate the first rapid analysis laboratory in Tunis
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 pessimistic for Libya’s economy
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...
Tunisia records 1.1% economic growth in first half of 2019
Tunis, Tunisia (PANA) - Tunisia recorded an economic growth of 1 Full text...
Zambia’s central bank holds policy rate at 9.75%
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...