DR Congo crisis leaves mothers with newborns fleeing to Burundi
07 march 2025 - 16:53:50Bujumbura, Burundi (PANA) - The aid response in Burundi to the crisis in neighbouring Democratic Republic of the Congo (DRC) [...] Full text...
thread Society
Breaking news
- Agriculture
Halal product market and consumers set to grow in West Africa
- Culture
Libyans begin Ramadan fasting
- Economy
Monday’s exchange rates for the Gambian Dalasi
- Environment
Climate change: La Niña fades, as global heat keeps rising
- Gender
Top UN official in Libya urges parties to promote status of women
- Health
Sudan virus disease reported in Uganda
- Politics
Libya’s electoral framework at centre of fourth meeting of UN Advisory Committee
- Press Review
Lessons of Hamas operation against Israel, - Libyan newspaper,
- Sciences
How AI can help both tax collectors and taxpayers: IMF Blog By Thomas Cantens and Herve Tourpe
- Social
CFAF 15 billion already invested in Benin’s special employment integration programme
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Building a healthier world by women and for women is key to achieving gender equality
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2026 World Cup final will have half-time show - FIFA Chief
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Bujumbura, Burundi (PANA) - The aid response in Burundi to the crisis in neighbouring Democratic Republic of the Congo (DRC) [...] Full text...
One in four countries report backlash against women’s rights in 2024
07 march 2025 - 10:25:28New York, US (PANA) - The basic rights of women and girls are facing unprecedented growing threats worldwide, from higher [...] Full text...
thread Gender
World Bank enterprise surveys in Botswana: 13 years later: World Bank Blog By Siyun He, Yew Chong Soh and Liang Wang
06 march 2025 - 08:12:23Gaborone, Botswana (PANA) - Findings from a recent World Bank survey reveal the current state of private sector development in [...] Full text...
thread Economy
Rights group warns that mining in toxic lead waste poisons children in Zambia
05 march 2025 - 09:39:18Lusaka, Zambia (PANA) – Zambia's government is facilitating hazardous mining and processing of toxic lead waste in the city of Kabwe [...] Full text...
thread Health
DRC: Almost 80,000 flee amid fighting, sexual violence: UNHCR
04 march 2025 - 15:09:20Geneva, Switzerland (PANA) - Insecurity and horrific sexual violence in the eastern Democratic Republic of the Congo (DRC) have left tens [...] Full text...
thread Society
Global biodiversity agreement mobilises $200 billion boost for nature
01 march 2025 - 05:24:09Rome, Italy (PANA) - Governments on Friday reached agreement on a strategy to raise an additional $200 billion each year [...] Full text...
thread Environment
“Em-powering” Ethiopia: A vision for the future of the Ethiopian energy sector: World Bank Blog By Guangzhe Chen, Vice President for Infrastructure, The World Bank
28 february 2025 - 08:14:55Addis Ababa, Ethiopia (PANA) - On 25 January, 2025, the air in Addis Ababa was electric—not just with the hum [...] Full text...
thread Economy
What is business ready and what does it mean for Botswana? World Bank Blog By Michael Ehst, Smita Kuriakose and Liang Wang
28 february 2025 - 07:57:11Gaborone, Botswana (PANA) - In his maiden budget speech, Botswana’s Vice President and Minister of Finance, Ndaba Nkosinathi Gaolathe, mentioned [...] Full text...
thread Economy
Bridging the productivity divide needed to unlock Madagascar's economic potential needs
26 february 2025 - 09:05:23Antananarivo, Madagascar (PANA} - Madagascar's economy is recovering, but growth remains insufficient and uneven to significantly improve living standards.According to [...] Full text...
thread Economy
Meetings Africa conference to create market access begins in Johannesburg
25 february 2025 - 09:06:58Cape Town, South Africa (PANA) – The 2025 edition of Meetings Africa, with the specific objective of creating a market [...] Full text...
thread Economy
Invest in early childhood development to transform Uganda’s economy: WB report
24 february 2025 - 08:04:38Kampala. Uganda (PANA) - Despite ongoing global challenges and geopolitical tensions, economic activity in Uganda has remained robust. According to a [...] Full text...
thread Economy
US, Kenya call for immediate ceasefire in eastern DRC war
23 february 2025 - 06:53:32Washington, DC, US (PANA) - The US and Kenya have called for an immediate ceasefire in the war in eastern [...] Full text...
thread Politics
Powering Madagascar's future: Unleashing private investment to achieve energy goals: World Bank Blog By Atou Seck (Country Manager), Koffi Koménan and Tsiry Andriantahina
20 february 2025 - 08:00:59Antananarivo, Madagascar (PANA) - Madagascar is endowed with significant renewable energy resources and yet has one of the largest energy [...] Full text...
thread Economy
Ukraine: Three years of war reverses progress for women and girls
19 february 2025 - 23:15:54Geneva, Switzerland( PANA) - Three years of war in Ukraine have reversed decades of progress for women and girls, leaving [...] Full text...
thread Society
Uganda gets new border market protected from extreme flooding near border with South Sudan
17 february 2025 - 18:10:22Kampala, Uganda (PANA) - Uganda is set to build its first climate-resilient market at Elegu, northern Uganda, with financial support [...] Full text...
thread Environment
Youth, Violence and Therapy: World Bank Blog By Lelys Dinarte-Diaz, Human Development Research Economist
13 february 2025 - 07:43:02Monrovia, Liberia (PANA) - There is often a disproportionate concentration of violence and crime among young people in low-income urban [...] Full text...
thread Society
Empowering Somalia's economy beyond remittances for long-term stability: World Bank Blog By Abdirahman Bashir Shariff and Aieshwarya Davis
12 february 2025 - 06:45:10Mogadishu, Somalia (PANA) - When Somalia reached the HIPC (Heavily Indebted Poor Countries) completion point recently, it marked a transformative [...] Full text...
thread Economy
The Troika of technical and financial partners reaffirms its commitment to supporting Burkina Faso
11 february 2025 - 13:44:22Ouagadougou, Burkina Faso (PANA) - The Troika of technical and financial partners (TFPs) on Tuesday reaffirmed their commitment to supporting [...] Full text...
thread Economy
Africa has potential to become major driver of global trade, says UN
11 february 2025 - 07:07:29Geneva, Switzerland (PANA) - Africa can turn its economic vulnerabilities into opportunities through trade, investment and regional integration, say the [...] Full text...
thread Economy
Cameroon at a crossroads: Urgent call for fiscal transformation: World Bank Blog By Amina Coulibaly, Francis Ngomba Bodi and Mouhamadou Moustapha Lo
06 february 2025 - 07:28:10Yaoundé, Cameroon (PANA) - Despite its natural resources and dynamic people, Cameroon’s economic progress has stalled, leaving income per capita [...] Full text...
thread Economy
South Africa’s energy, transport reforms could create 500,000 jobs: World Bank
05 february 2025 - 09:05:02Cape Town, South Africa (PANA) - South Africa could increase its GDP growth by 1% in the short term and [...] Full text...
thread Economy
DR Congo: UN call to reopen Goma airport ‘lifeline’, as crisis deepens
04 february 2025 - 18:58:22Geneva, Switszerland (PANA) - The UN’s top humanitarian official in the Democratic Republic of Congo (DRC) on Tuesday called for [...] Full text...
thread Society
Eastern DR Congo crisis increasing risk of mpox transmission, WHO chief warns
03 february 2025 - 19:34:52Geneva, Switzerland (PANA) - The worsening security situation in the eastern Democratic Republic of the Congo (DRC) has forced many [...] Full text...
thread Health
ECOWAS keeps 'doors open' for Burkina Faso, Mali, and Niger as withdrawal becomes effective
29 january 2025 - 11:40:35Banjul, Gambia (PANA) - The withdrawal of Burkina Faso, Mali and Niger from the Economic Community of West African States [...] Full text...
thread Politics
Heads of State commit to concrete plans to transform Africa’s energy sector, with strong backing of global partners
29 january 2025 - 07:27:35Dar es Salaam, Tanzania (PANA) - Thirty African Heads of State and governments have committed to concrete reforms and actions [...] Full text...
thread Economy
Ceasefire puts life into Gaza humanitarian situation
23 january 2025 - 14:25:45Gaza, Palestine (PANA) - A surge of supplies has entered Gaza since the beginning of the ceasefire, enabling an increase [...] Full text...
thread Society
Guterres slams backsliding on climate commitments
22 january 2025 - 12:31:34Davos, Switzerland (PANA) - The world’s political and business elite present in Davos on Wednesday faced an uncompromising address from [...] Full text...
thread Politics
UN regrets US exit from global cooperation on health, climate change agreement
21 january 2025 - 16:24:16Geneva, Switzerland (PANA) - UN agencies responded on Tuesday to President Trump’s executive orders ending US membership of the World [...] Full text...
thread Politics
Breakthrough for Libya as UN eases sanctions to allow it to reinvest frozen cash
17 january 2025 - 19:42:14Geneva, Switzerland (PANA) - Libya has for the first time been allowed by the United Nations to reinvest proceeds from [...] Full text...
thread Society
World economic outlook for 2025 weighed down by fragmentation, debt and political uncertainty
16 january 2025 - 10:22:57Geneva, Switzerland (PANA) – The global economy is set to face significant challenges in 2025, with 56% of chief economists [...] Full text...
thread Economy
Côte d’Ivoire: IMF Country Focus -Fostering economic transformation and adapting to climate change
15 january 2025 - 07:19:40Abidjan, Côte d’Ivoire (PANA) - The Ivoirien economy has performed strongly over the past decade, with GDP growth averaging 6.4 [...] Full text...
thread Economy
Global growth to remain subdued in 2025 amid uncertainty, UN report warns
10 january 2025 - 06:57:55New York, US (PANA) - Global economic growth is projected to remain at 2.8 per cent in 2025, unchanged from [...] Full text...
thread Economy
Future of Jobs Report 2025: 78 million new job opportunities by 2030 but urgent upskilling needed to prepare workforces
08 january 2025 - 07:26:02Geneva, Switzerland (PANA) - Shifting global trends in technology, economy, demographics and the green transition are projected to generate 170 [...] Full text...
thread Society
Mahama begins second term with assurance of a better future
07 january 2025 - 13:46:49Accra, Ghana (PANA) - President John Dramani Mahama on Tuesday began his second term with an address calling on his [...] Full text...
thread Politics
UNHCR urges greater support for people fleeing post-election violence in Mozambique
31 december 2024 - 20:51:01Geneva, Switzerland (PANA) -The UN refugee agency, UNHCR, is deeply alarmed by the ongoing situation in Mozambique, where post-election unrest [...] Full text...
thread Society
Cultivating resilience: How Malawi can transform social protection and end poverty: World Bank Blog By Cleverton Mbizi
26 december 2024 - 10:01:47Lilongwe, Malawi (PANA) - As Malawi confronts escalating vulnerabilities from climate change, economic instability, and persistent poverty, the government must [...] Full text...
thread Society
Outgoing president Akufo-Addo approves visa-free entry to Ghana for all Africans
25 december 2024 - 12:29:46Accra, Ghana (PANA) - Ghana's outgoing president, Nana Addo Dankwa Akufo-Addo, has fulfilled his pledge to introduce visa-free travel for [...] Full text...
thread Politics
Mali's military leader inaugurates lithium mine
16 december 2024 - 19:43:13Bamako, Mali (PANA) - The President of Mali's Transition, General Assimi Goita, on Sunday inaugurated the Goulamina lithium mine in [...] Full text...
thread Economy
South Africa and Czech Republic strengthen ties
13 december 2024 - 08:39:36Cape Town, South Africa (PANA) – South Africa’s Trade, Industry and Competition Minister Parks Tau and the Deputy Prime Minister [...] Full text...
thread Economy
AfDB to fund women-led business enterprises growth in Nigeria
11 december 2024 - 13:45:07Rabat, Morocco (PANA) - Women-led businesses in Nigeria will benefit from a US$50 million loan, provided by an African Development [...] Full text...
thread Economy
Housing Africa’s growing population: IMF Blog By Kecia Rust, Executive Director of Centre for Affordable Housing Finance in Africa
11 december 2024 - 11:04:15Kumasi, Ghana (PANA) - Deeper understanding of informality and better use of technology can build more sustainable housing markets.Informality dominates [...] Full text...
thread Society
Private sector urged to act as world faces $23 trillion loss from land degradation
05 december 2024 - 17:21:41Riyadh, Saudi Arabia (PANA) -The private sector has been urged to make the sustainable management of land a key part [...] Full text...
thread Environment
Persistent fall in private borrowing brings global debt down: IMF Blog By Vitor Gaspar, Carlos Gonçalves, Marcos Poplawski-Ribeiro
03 december 2024 - 11:17:39Washington, DC, United States (PANA) – Global debt decreased about one percentage point to 237 percent GDP in 2023. Empirical [...] Full text...
thread Economy
Trump ups the ante on tariffs, vowing massive taxes on goods from Mexico, Canada and China David Goldman, CNN
26 november 2024 - 14:34:35Washington DC, US (PANA) - President-elect Donald Trump on Monday promised massive hikes in tariffs on goods coming from Mexico, [...] Full text...
thread Politics
Talks begin in South Korea to clinch ‘essential’ deal on plastics pollution
25 november 2024 - 17:40:19Busan, South Korea (PANA) - Talks began in Busan, South Korea, on Monday aiming to clinch a legally binding deal [...] Full text...
thread Environment
UN, Brazil launch new initiative to counter climate disinformation
20 november 2024 - 05:20:07Rio de Janeiro, Brazil (PANA) - As the dangers posed by climate change become increasingly evident worldwide, the need for [...] Full text...
thread Environment
COP29: Governments, industry must stop ‘lip-service’ on methane and slash emissions, says UNEP
16 november 2024 - 07:14:56Baku, Azerbaijan (PANA) - The UN environment agency chief warned the COP29 climate summit in Baku on Friday that methane [...] Full text...
thread Environment
COP29: UNHCR amplifies voices of displaced on frontlines of climate change
15 november 2024 - 05:57:50Baku, Azerbaijan (PANA) - UN refugee agency, UNHCR, on Thursday launched the Refugees for Climate Action initiative in a bid to [...] Full text...
thread Environment
COP29: ‘Now is the time to fast-track, not backtrack’ on the path to net-zero
14 november 2024 - 16:50:50Baku, Azerbaijan (PANA) - Meeting on Thursday with non-governmental entities in Baku for the COP29 climate talks, UN Secretary-General António [...] Full text...
thread Environment
COP29: ‘Pay up or humanity will pay the price’, Guterres warns climate summit
12 november 2024 - 12:48:27Baku, Azerbaijan (PANA) UN Secretary-General António Guterres said on Tuesday that leaders gathered in Baku for the COP29 Climate Action [...] Full text...
thread Environment
Women’s voices lead at World Urban Forum in Cairo
07 november 2024 - 05:44:25Cairo, Egypt (PANA) - One of the main messages conveyed by women leaders, activists, young people and others gathered for [...] Full text...
thread Society
Climate action essential to Senegal’s upper-middle-income country aspiration, says new report
06 november 2024 - 09:07:30Dakar. Senegal (PANA) - A new World Bank Group report highlights the significant economic and social benefits of climate action [...] Full text...
thread Economy
World Urban Forum in Cairo hears calls for youth-led solutions to urban challenges
06 november 2024 - 05:48:59Cairo, Egypt (PANA) - Young people gathered in Cairo for the World Urban Forum led calls on Tuesday for action [...] Full text...
thread Environment
Some 1.2 billion people at high risk from climate change worldwide - World Bank
01 november 2024 - 07:22:57Washington, DC, US (PANA) - Some 1.2 billion people face life-changing risks through exposure to at least one critical climate [...] Full text...
thread Environment
Eliminating the productivity drag: IMF F&D article By Nan Li and Diaa Noureldin
30 october 2024 - 10:50:02Washington, DC, United States (PANA) - The global economy has been struggling to regain its footing since the 2008–09 global [...] Full text...
thread Economy
World Bank Group advances gender strategy, unveils economic opportunity ambitions
24 october 2024 - 14:35:56Washington DC, United States (PANA) - The World Bank Group on Thursday took the first steps toward implementing Gender Strategy [...] Full text...
thread Gender
Brighter future: The power of energy access to end poverty: World Bank Blog By Victoria Kwakwa, World Bank Vice President, Eastern and Southern Africa
21 october 2024 - 07:17:22Kinshasa, DR Congo (PANA) - For this year's End Poverty Day, I want to highlight one of the most pressing [...] Full text...
thread Society
How high economic uncertainty may threaten global financial stability: IMF Blog By Mario Catalán, Andrea Deghi and Mahvash S. Qureshi
20 october 2024 - 14:53:14Washington, DC, United States (PANA) - Uncertainty is not as easily measured as traditional indicators like growth or inflation, but [...] Full text...
thread Economy
AfDB approves $100 million to support youth and women-led MSMEs in Nigeria
20 october 2024 - 06:27:25Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has approved a $100 million loan to increase access to [...] Full text...
thread Economy
A Pact for the world’s poorest
18 october 2024 - 18:43:08By Deodat MaharajManaging Director, United Nations Technology Bank for Least Developed Countries New York, US (PANA) - Last month, world leaders [...] Full text...
thread Economy
Support for economic reforms hinges on communication, engagement, and trust: IMF Blog By Silvia Albrizio, Bertrand Gruss, and Yu Shi
17 october 2024 - 14:25:35Washington DC, United States (PANA) - The global economy is stuck in a low-growth gear, largely because of aging populations, [...] Full text...
thread Economy
Staying the course on reforms: Nigeria progresses amidst challenges
17 october 2024 - 10:11:01Abuja, Nigeria (PANA) - Since May 2023, Nigeria has implemented significant reforms to stabilise its economy, resulting in modest growth, [...] Full text...
thread Economy
Regaining modern values can reverse the slowdown in innovation and its rewards: IMF Blog By Edmund Phelps
16 october 2024 - 07:32:49Washington DC, United States (PANA) - Why do some nations experience mass economic flourishing while others do not? Why did [...] Full text...
thread Economy
Urgent education reform key to unlocking faster, more inclusive growth in Africa: WB report
14 october 2024 - 14:42:34Washington, DC, United States (PANA) - Despite signs of a fragile economic recovery, Sub-Saharan Africa, remains stuck in “low gear” [...] Full text...
thread Society
AfDB, AFD cement partnership to support youth entrepreneurship in Africa
13 october 2024 - 05:11:55Abidjan, Cote d'Ivoire (PANA) - The African Development Bank Group and Agence Française de Développement (AFD) have announced they would [...] Full text...
thread Economy
When foreign exchange intervention can best help countries navigate shocks: IMF Blog By Suman Basu, Sonali Das, Olamide Harrison, and Erlend Nier
12 october 2024 - 14:23:40Washington DC, United States (PANA) – With major central banks now cutting policy rates, the global interest rate cycle is [...] Full text...
thread Economy
Implementation gaps hinder business climate in 50 economies: WBG report
03 october 2024 - 15:32:24Washington, DC, United States (PANA) - Economies do better at enacting regulations to improve the national business climate than they [...] Full text...
thread Economy
Building roads to build peace: Our experience in the Central African Republic: World Bank Blog By Papa Modou Ndiaye, Francis Ovanda Mbele and Abdoulaye Sylla
03 october 2024 - 08:14:12Bangui, Central African Republic (PANA) - The Emergency Infrastructure and Connectivity Recovery Project (EICRP) is transforming the northeastern regions of [...] Full text...
thread Economy
Water is cultivating hope and transforming lives of Rwanda's farmers: World Bank Blog By Hayalsew Yilma
01 october 2024 - 07:50:03Kigali, Rwanda (PANA) - I will never forget my first encounter with Damien and Vestine, a warm and welcoming couple [...] Full text...
thread Society
Sierra Leone to transform energy sector under $480 million US Compact
29 september 2024 - 04:43:01Washington, DC, US (PANA) - The United States and Sierra Leone have signed a landmark $480 million Millennium Challenge Corporation [...] Full text...
thread Economy
How to Awaken Europe's Private Sector and Boost Economic Growth: IMF Blog By Diego Cerdeiro, Gee Hee Hong, and Alfred Kammer
12 september 2024 - 10:09:07Washington, DC, United States (PANA) - In the European Union, income per person, one of the main gauges of living [...] Full text...
thread Economy
U.S.-Nigeria Strategic Energy Dialogue highlights key bilateral cooperation
12 september 2024 - 05:43:11Washington, DC, US (PANA) - The delegations at the inaugural U.S.-Nigeria Strategic Energy Dialogue taking place in Washington, DC, on [...] Full text...
thread Economy
US Department of State hosts inaugural U.S.-Nigeria Strategic Energy Dialogue
11 september 2024 - 05:54:20Washington, DC, US (PANA) - the US Bureau of Energy Resources (ENR) Assistant Secretary Geoffrey R. Pyatt, will lead the [...] Full text...
thread Economy
Investing in clean air can saves lives and combat climate change - Guterres
07 september 2024 - 14:35:20New York, US (PANA) - The UN Secretary-General is marking ‘Clean Air Day’ with a call for global investment in [...] Full text...
thread Environment
Mpox: Equitable vaccine access crucial for Global South
07 september 2024 - 05:27:09Geneva, Switzerland (PANA) - As African countries grapple with a deadly mpox outbreak, the UN independent expert on the right [...] Full text...
thread Health
Sustained economic growth hinges on productivity gains as populations age : IMF Blog By Gita Bhatt
04 september 2024 - 12:00:14Washington, DC, United States (PANA) - A productivity slump is eroding living standards and imperilling financial and social stability “Productivity isn’t [...] Full text...
thread Economy
UN agencies and local government ministry collaborate to reduce plastic waste in Libya
30 august 2024 - 11:11:46Tripoli, Libya (PANA) - UNOPS, UN-Habitat and Libya’s Ministry of Local Government are working together to promote plastic waste reduction [...] Full text...
thread Environment
UN chief condemns religious hate
23 august 2024 - 06:20:16New York, US (PANA) - As the world marked the International Day Commemorating the Victims of Acts of Violence Based [...] Full text...
thread
AfDB mobilises over 92m euros to support entrepreneurship, job creation in Tunisia
13 august 2024 - 06:03:16Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a financing package [...] Full text...
thread Economy
CAF congratulates Morocco, Egypt for valiant performances at Paris Olympic football
11 august 2024 - 10:03:05Cairo, Egypt (PANA) - The Confederation of African Football (CAF) has congratulated Morocco for winning Bronze in Men's Football at [...] Full text...
thread Sports
Meet Fátima Almeida, the entrepreneur revolutionising digital and financial inclusion in Angola: World Bank Blog By Entrepreneur Fátima Almeida
03 august 2024 - 10:55:51Luanda, Angola (PANA) – A graduate in economics with a flair for business, Angolan entrepreneur Fátima Almeida has always been [...] Full text...
thread Society
World Bank announces Sangbu Kim as Vice President for Digital Transformation
31 july 2024 - 08:28:52Washington, DC, United States (PANA) - World Bank Group President Ajay Banga has announced the appointment of Sangbu Kim as [...] Full text...
thread Economy
Somalia taps World Bank support to promote economic resilience
31 july 2024 - 07:50:28Mogadishu, Somalia (PANA) - The World Bank’s Board of Executive Directors has approved Development Policy Financing (DPF) that introduces for [...] Full text...
thread Economy
Education and career perspectives of young Ugandans: A mix of challenges, gaps and high aspirations: World Bank Blog By Aziz Atamanov, Giulia Ponzini, Frédéric Cochinard and John Ilukor
24 july 2024 - 09:14:46Kampala, Uganda (PANA) - Higher education and career aspirations among the youth are usually associated with socioeconomic achievements under the [...] Full text...
thread Society
Preventing deforestation while leveraging trade for development: World Bank Blog By Chris Wellisz
18 july 2024 - 08:13:19Dar es Salaam, Tanzania (PANA) - Developing countries must contend with a plethora of trade-related regulations as well as voluntary [...] Full text...
thread Agriculture
New report highlights best practices to support African businesses
16 july 2024 - 07:50:01Accra, Ghana (PANA) - The annual Country Policy and Institutional Assessment (CPIA) for Africa confirms that countries in Sub-Saharan Africa [...] Full text...
thread Economy
UN remembers Nelson Mandela’s commitment to fight poverty and inequity
15 july 2024 - 18:59:09New York, US (PANA) - The UN paid tribute on Monday to the life and legacy of the first democratically [...] Full text...
thread Politics
Drought emergency in Zambia sets child marriage, HIV and hunger on the rise
12 july 2024 - 12:01:15Lusaka, Zambia (PANA) - In Zambia’s drought-hit Southern, Western, Central and Lusaka Provinces, acute malnutrition is high among pregnant and [...] Full text...
thread Society
Helping female-led firms in Ethiopia become more resilient in turbulent times: World Bank Blog By Lauren Marino and Sophia Friedson-Ridenour
04 july 2024 - 06:22:17Hawassa, Ethiopia (PANA) - On a recent Thursday afternoon, Jalene’s small coffee shop and roastery in Hawassa, Ethiopia, was enveloped [...] Full text...
thread Gender
EU-Kenya trading treaty enters into force after nearly two decades of talks
02 july 2024 - 22:20:12Nairobi, Kenya (PANA) - The trading treaty between Kenya and the European Union under the Economic Partnership Agreement (EPA), entered [...] Full text...
thread Economy
AfDB, JICA align priorities ahead of TICAD9 summit
01 july 2024 - 07:43:52Tokyo, Japan (PANA) - The African Development Bank (AfDB) Group and the Japan International Cooperation Agency (JICA) have underscored the [...] Full text...
thread Economy
WB to accelerate digital inclusion for 180 million people across Eastern, Southern Africa
28 june 2024 - 12:27:03Lusaka, Zambia (PANA) - A new programe that will benefit over 180 million people by 2032 is poised to significantly [...] Full text...
thread Society
Tanzanian NGO honoured for promoting women empowerment through business digitization digital
27 june 2024 - 15:00:22Brussels, Belgium (PANA) – The King Baudouin Foundation has awarded the 2023-2024 Africa Prize to Her Initiative, a Tanzanian organisation, [...] Full text...
thread Society
Update: Kenya military convoys patrolling streets, businesses shut
27 june 2024 - 14:50:13Nairobi, Kenya (PANA) - Military convoys are patrolling the streets and highways in Nairobi on Thursday, while the leaders of [...] Full text...
thread Politics
Fostering vibrant, inclusive private sector is key to Somalia’s resilient growth
26 june 2024 - 18:26:55Mogadishu, Somalia (PANA) - Since Somalia’s private sector accounts for an estimated 95 per cent of total jobs created, marshalling [...] Full text...
thread Economy
Businesses resume in Kenyan capital after Tuesday's bloody violence
26 june 2024 - 16:26:04Nairobi, Kenya (PANA) - Businesses resumed on Wednesday in tense Nairobi after Tuesday's bloody violence in which protesters raided Parliament [...] Full text...
thread Politics
Update: Kenya Gen Z protesters storm Parliament after tax hike bill passed
25 june 2024 - 16:34:11Nairobi, Kenya (PANA) - Protesters, mainly the youth, on Tuesday stormed Parliament and set a section of the House on [...] Full text...
thread Politics
Equatorial Guinea: New report proposes way forward to develop a safe, inclusive digital economy
25 june 2024 - 12:12:40Malabo, Equatorial Guinea (PANA) - In the wake of new challenges and its prolonged oil-dependency, Equatorial Guinea’s government is aiming [...] Full text...
thread Economy
Top UN official in Libya highlights need for inclusive talks to end stalemate
20 june 2024 - 06:41:11New York, US (PANA) - Libyans overwhelmingly desire a political consensus so that credible national elections can be held that [...] Full text...
thread Politics
How can Tanzania build capacity to accelerate women’s economic empowerment? World Bank Blog By Alena Sakhonchik and Tanya D'Lima
19 june 2024 - 09:50:32Dodoma, Tanzania (PANA) - One key piece of the puzzle in accelerating progress towards gender equality in Tanzania is having [...] Full text...
thread Gender
Deadly and growing impact of air pollution laid bare in new UNICEF-backed report
19 june 2024 - 06:21:02New York, US (PANA) - The State of Global Air (SoGA) report published in partnership with the UN Children’s Fund [...] Full text...
thread Environment
Stop ‘vandalising’ Earth and help the planet thrive, UN chief urges
16 june 2024 - 07:12:52New York, US (PANA) - As nearly 40 per cent of land across the planet is degraded with more acres [...] Full text...
thread Environment
AfDB sends high-level delegation to Japan to champion African investment
16 june 2024 - 06:46:57Tokyo, Japan (PANA) - An African Development Bank (AfDB) delegation, led by three vice presidents, will be in Japan from [...] Full text...
thread Economy
Finland signs funding deal with TradeMark Africa to enhance trade in Africa
14 june 2024 - 19:28:46Naivasha, Kenya (PANA) - To unlock Africa’s economic potential through reducing the time and cost of cross-border trade, the Finnish [...] Full text...
thread Economy
Parity for women remains five generations away but historical election year offers hope
12 june 2024 - 11:58:22Geneva, Switzerland (PANA) - The world has closed 68.5% of the gender gap, according to the Global Gender Gap Report [...] Full text...
thread Gender
AfDB stresses need for responsible, innovative solutions for African debt management
01 june 2024 - 07:56:51Nairobi, Kenya (PANA) - It is essential to find innovative solutions for managing the debt of African countries, taking proactive [...] Full text...
thread Economy
EC takes final step to allow implementation of EU-Kenya Economic Partnership Agreement
30 may 2024 - 09:30:30Brussels, Belgium (PANA) – The European Council on Thursday adopted a decision on the conclusion of the EU-Kenya Economic Partnership [...] Full text...
thread Economy
Global economic outlook is brightening but political risks loom large in 2024
29 may 2024 - 13:20:33Geneva, Switzerland (PANA) - The latest Chief Economists Outlook released on Wednesday presents a growing sense of cautious optimism about [...] Full text...
thread Economy
European States mark 30th anniversary of milestone cooperation pact
28 may 2024 - 17:35:21Brussels, Belgium (PANA) – European States on Tuesday marked the 30th anniversary of the entry into force of the European [...] Full text...
thread Politics
Scaling up pathways to growth in Ethiopia through tourism investments: World Bank Blog By Qursum Qasim
23 may 2024 - 07:23:49Addis Ababa, Ethiopia (PANA) - From the otherworldly vistas of the Bale Mountains to the rock-hewn churches of Lalibela and [...] Full text...
thread Economy
UNSMIL launches new youth engagement strategy in Libya
18 may 2024 - 16:26:11Tripoli, Libya (PANA) - The Deputy Special Representative of the Secretary-General of the United Nations and Humanitarian Resident Coordinator, Georgette [...] Full text...
thread Society
Crimes against nature: UN agency puts environmental legislation under scrutiny
18 may 2024 - 07:10:34Vienna, Austria (PANA) - Global efforts to prevent crimes against nature and bring offenders to justice are being hampered by [...] Full text...
thread Environment
Libya, EU hold talks to lift the ban on Libyan aircraft from European airspace
16 may 2024 - 10:06:07Tripoli, Libya (PANA) - The Libyan Prime Minister, Abdulhamid Al-Dbaiba, and the European Commissioner for Transport, Adina-Ioana Vălean, on Wednesday [...] Full text...
thread Politics
Nearly 100 organisations appeal for re-establishment of telecommunications infrastructure in Sudan
14 may 2024 - 14:39:48Dakar, Senegal (PANA) - Nearly 100 humanitarian, civil society, human rights organizations and members of the #KeepItOn coalition, have launched [...] Full text...
thread Society
Free WiFi initiative launched in South Africa's Northern Cape
07 may 2024 - 09:48:57Cape Town, South Africa (PANA) – Communications and Digital Technologies Minister Mondli Gungubele along with the Premier of Northern Cape, [...] Full text...
thread Sciences
Senegal maintains resilience despite economic challenges: IMF
04 may 2024 - 09:25:20Dakar, Senegal (PANA) - A team from the International Monetary Fund (IMF) has concluded a mission to Senegal affirming that [...] Full text...
thread Economy
South African president mourns passing of prominent activist
03 may 2024 - 13:26:25Cape Town, South Africa (PANA) – Anti-Apartheid activist, prominent businessman and politician Samuel Motsuenyane has died peacefully in Johannesburg. He [...] Full text...
thread Society
Botswana makes strides to nip excessive gambling plague
30 april 2024 - 16:38:52Gaborone, Botswana (PANA) - Botswana Gambling Authority on Tuesday launched a self-help portal and a toll-free line to curb excessive [...] Full text...
thread Society
AfDB, partners move to boost food, nutritional security in the Sahel
30 april 2024 - 09:00:38Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) and the Permanent Interstate Committee for Drought Control in the [...] Full text...
thread Agriculture
New global campaign boosts lifesaving vaccines
25 april 2024 - 06:38:45Geneva, Switzerland (PANA) - Two UN agencies alongside the Bill and Melinda Gates Foundation and the global vaccine alliance Gavi [...] Full text...
thread Health
African Business Founders to take Centre Stage at soirée in Johannesburg
23 april 2024 - 08:37:45Johannesburg, South Africa (PANA) - African Hidden Champions (AHC), a co-partnership of Africa Foresight Group and partners, will host an [...] Full text...
thread Economy
Libyan minister stresses importance of scientific research in energy sector
22 april 2024 - 15:47:39Tripoli, Libya (PANA) - The Chairman of the Board of Directors of the Libyan National Oil Company (NOC), Farhat Ben [...] Full text...
thread Economy
UNSMIL calls for inclusion of women in Libya's decision-making process
14 april 2024 - 13:15:36Tripoli, Libya (PANA) - A roundtable organized by the United Nations Support Mission in Libya (UNSMIL) has called for women [...] Full text...
thread Gender
Emerging markets exercising greater global sway: New IMF Blog By Nicolas Fernandez-Arias, Alberto Musso, Carolina Osorio-Buitron, Adina Popescu
09 april 2024 - 15:42:15Washington DC, United States (PANA) - The global economy is increasingly influenced by the Group of Twenty’s large emerging markets. Over [...] Full text...
thread Economy
Gaza war: Planning the post-war reconstruction and recovery of Gaza
06 april 2024 - 07:02:50Geneva, Switzerland (PANA) - The destruction wrought across the Gaza Strip by Israel in the six months since the beginning [...] Full text...
thread Economy
UN chief urges global community to 'stand as one' to end plastic pollution
31 march 2024 - 13:56:15New York, US (PANA) - Secretary-General Antonio Guterres has urged the global community to "stand as one" and work towards [...] Full text...
thread Environment
AfDB plans massive work on DRC's giant Inga 3 dam
29 march 2024 - 13:20:12Abidjan, Cote d'Ivoire (PANA) - African Development Bank (AfDB) Group President, Dr Akinwumi Adesina, has called for a major political [...] 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 - 13:14:00Washington, United States (PANA) - Higher long-term real interest rates, lower growth, and higher debt will put pressure on medium-term [...] Full text...
thread Economy
UN leaders galvanise action for reparations for people of African descent
21 march 2024 - 18:35:42New York, US (PANA) - Reparatory justice must tackle the grave human rights violations deeply entrenched in the legacy of [...] Full text...
thread Society
Ghana opposition slams govt, communication industry regulator for Internet havoc
19 march 2024 - 06:05:43Accra, Ghana (PANA) - As Ghana continues to reel under a debilitating disruption of Internet services following a massive disruption to [...] Full text...
thread Economy
Mobile network operators in Ghana slowly reconnecting Internet
18 march 2024 - 08:46:11Accra, Ghana (PANA) - Mobile network companies in Ghana are working hard as they slowly reconnected the country to the [...] Full text...
thread Economy
World Bank approves financing for economic management, statistics development in Djibouti
17 march 2024 - 06:10:03Djibouti, Djibouti (PANA) - The World Bank has approved an additional financing of US$ 5 million for the Economic Management [...] Full text...
thread Economy
World Bank projects boost food security, economic opportunities in Tunisia
15 march 2024 - 14:44:08Tunis, Tunisia (PANA) - The World Bank’s Board of Directors has approved two new loans worth US$520 million, providing additional [...] Full text...
thread Agriculture
AfDB empowering vulnerable women in Togo (A feature by AfDB)
13 march 2024 - 08:36:39Lome, Togo (PANA) - Some 45 kilometres from Lomé, Togo, in the village of Aného, a transformative initiative is reshaping [...] Full text...
thread Economy
UN chief calls for global action to defend women’s rights amid disturbing trends
11 march 2024 - 17:40:49New York, US (PANA) - The UN Secretary-General on Monday highlighted the urgent need to defend women's rights which are [...] Full text...
thread Gender
IMF staff complete deal on first review of Somalia’s ECF arrangement
09 march 2024 - 08:00:52Mogadishu, Somalia (PANA) - Somalia’s economic growth is expected to strengthen in 2024 supported by continued recovery in agriculture, remittances, [...] Full text...
thread Economy
5 ways to accelerate women’s economic empowerment (A UN feature)
08 march 2024 - 07:40:44New York, US (PANA) - At the current rate of investment, more than 340 million women and girls will still [...] Full text...
thread Gender
Earth’s ‘life support system’ is being destroyed by global business paradigm, UN expert warns
07 march 2024 - 07:16:43Geneva, Switzerland (PANA) - The UN independent expert on human rights and the environment on Wednesday called for an urgent [...] Full text...
thread Environment
Accelerated by COVID and AI, global digital landscape remains uneven
06 march 2024 - 07:29:31Washington, United States (PANA) - The COVID-19 pandemic brought about unprecedented acceleration of digital transformation across the globe – with [...] Full text...
thread Economy
‘Widespread’ sexual abuse of children in entertainment business revealed
05 march 2024 - 20:35:11Geneva, Switzerland (PANA) - Widespread sexual abuse of children in the entertainment industry must be urgently stamped out, an independent [...] Full text...
thread Society
New data show massive, wider-than-expected global gender gap
04 march 2024 - 11:54:55ATTN EDS: EMBARGOED: NOT FOR PUBLICATION UNTIL MONDAY, 4 MARCH, 2024, AT 15 GMT. Washington, DC, USA (PANA) - The global [...] Full text...
thread Gender
Water and electricity ‘will save us from famine’ (A feature by WFP)
03 march 2024 - 07:56:05Antananarivo, Madagascar (PANA) - An initiative to rapidly develop villages in some of the most drought-prone and poorest rural areas [...] Full text...
thread Agriculture
World Bank Group prepares major overhaul to guarantee business reforms
29 february 2024 - 07:03:59Washington, USA (PANA) - The World Bank Group on Wednesday announced a major overhaul to its guarantee business that will [...] Full text...
thread Economy
Rwanda’s economic performance strengthened in 2023 despite continued challenges
28 february 2024 - 17:37:02Kigali, Rwanda (PANA) - Rwanda’s economy grew at 7.6% in the first three quarters of 2023 despite a challenging global [...] Full text...
thread Economy
Gambian's growth above sub-saharan africa, Central Bank Governor
28 february 2024 - 16:17:27Banjul, Gambia (PANA) - The Governor of Gambia's Central Bank, Buah Saidy, says that the West African country's economy is resilient, [...] Full text...
thread Economy
World Economic Forum to advance improved trade through technology at MC13
22 february 2024 - 14:23:16Geneva, Switzerland (PANA) - The World Economic Forum will convene 300 ministers, business leaders, trade leaders and experts, as well [...] Full text...
thread Economy
Should African mayors be concerned about urban migration? World Bank Blog By Luc Christiaensen and Nancy Lozano Gracia
20 february 2024 - 14:50:31Dar es Salaam, Tanzania (PANA) - The challenges of international migration continue to top the headlines. Yet, the number of [...] Full text...
thread Society
AfDB approves five year country plan to improve economic efficiency in Kenya
06 february 2024 - 19:35:51Nairobi, Kenya (PANA) - The African Development Bank will increase economic efficiency in the transport, energy and agriculture sectors in [...] Full text...
thread Economy
A team of British experts arrives in Zliten, east of Tripoli, to investigate rise in groundwater levels
02 february 2024 - 19:16:53Tripoli, Libya (PANA) - A team from the British Consulting Office arrived in Zliten (170 km from Tripoli) on Friday [...] Full text...
thread Environment
Reducing electricity, telecommunications costs in Djibouti could boost growth, add jobs: World Bank report
01 february 2024 - 16:30:02Djibouti, Djibouti (PANA) - Djibouti has achieved remarkable economic growth over the past two decades, driven by strategic infrastructure investments, [...] Full text...
thread Economy
Libyan authorities meet on action to counter rising groundwater levels in Zliten, east of Tripoli
31 january 2024 - 17:51:45Tripoli, Libya (PANA) - The Libyan Prime Minister of the Government of National Unity, Abdulhamid al Dbaiba, Tuesday met the [...] Full text...
thread Environment
South Africa's first shipment of AfCFTA goods hailed
31 january 2024 - 10:51:00Cape Town, South Africa (PANA) – President Cyril Ramaphosa on Wednesday officiated the launch of South Africa's first shipment and [...] Full text...
thread Economy
What artificial Intelligence means for economics: Opinion By Daniel Björkegren and Joshua E. Blumenstock
27 january 2024 - 07:59:36Lomé, Togo (PANA) - AI must be carefully adapted to benefit the poor, shows research in Kenya, Togo, and Sierra [...] Full text...
thread Society
World Economic Forum portrays initiatives to balance drivers of growth, productivity
19 january 2024 - 16:49:05Davos-Klosters, Switzerland (PANA) – Participants of the World Economic Forum 2024 made the case that a new growth model is [...] Full text...
thread Society
World Economic Forum 2024: Rebuilding trust amid uncertainty
19 january 2024 - 15:00:41Davos-Klosters, Switzerland (PANA) – At a moment of growing fragmentation and polarization, the World Economic Forum’s Annual Meeting 2024 served [...] Full text...
thread Society
AI Governance Alliance calls for inclusive access to advanced Artificial Intelligence
18 january 2024 - 10:23:06Davos-Klosters, Switzerland (PANA) – World Economic Forum’s AI Governance Alliance says a global effort is needed to create equitable access [...] Full text...
thread Economy
World Economic Forum: Schwab Foundation announces social innovators of 2024
16 january 2024 - 17:20:16Davos-Klosters, Switzerland (PANA) – From India to Morocco, the United States to Ecuador, the 16 organizations awarded by the Schwab [...] Full text...
thread Society
AI will transform global economy. Let’s make sure it benefits humanity: IMF Blog By Kristalina Georgieva
15 january 2024 - 09:05:49Washington, United States (PANA) - We are on the brink of a technological revolution that could jumpstart productivity, boost global [...] Full text...
thread Economy
World Bank boosts support to accelerate digital transformation in Gabon
03 january 2024 - 08:43:07Libreville, Gabon (PANA) - Gabon and the World Bank on Tuesday signed a $68.5 million loan for the Digital Gabon [...] Full text...
thread Society
Tanzania needs urgent reforms to enable strong private sector-led inclusive growth: World Bank report
19 december 2023 - 14:44:54Dar es Salaam, Tanzania (PANA) - Over the past two decades, Tanzania has exhibited robust economic growth, surpassing many developing [...] Full text...
thread Economy
IMF sees near-term prospects for Algerian economy as favourable though inflation still high
15 december 2023 - 09:23:14Algiers, Algeria (PANA) - Algeria’s economic growth is projected to reach 4.2 percent in 2023, supported by robust activity in [...] Full text...
thread Economy
Why digital trade should remain open: IMF Blog By Michele Ruta and Adam Jakubik
14 december 2023 - 14:27:00Washington, United States (PANA) - Digital trade, from software sales to streaming movies, plays a bigger role than ever in [...] Full text...
thread Economy
Kenya taps World Bank support to create up to 45,000 jobs, enhance access to markets for small businesses
13 december 2023 - 08:19:26Nairobi, Kenya (PANA) - The World Bank has approved the Kenya Jobs and Economic Transformation Project (KJET) to benefit at [...] Full text...
thread Society
Kenya secures support to further strengthen transparency in public finance management
13 december 2023 - 07:34:20Nairobi, Kenya (PANA) — Kenya’s 485 ministries, departments, and agencies, as well as 240,000 registered firms, and 18 million citizens [...] Full text...
thread Economy
South Africa's Deputy President Mashatile begins Southeast Asia visit
12 december 2023 - 11:37:09Cape Town, South Africa (PANA) – South Africa's Deputy President Paul Mashatile has arrived in Singapore to begin his first [...] Full text...
thread Politics
Botswana eases monetary policy rate
07 december 2023 - 14:39:26Gaborone, Botswana (PANA) - Botswana has reduced the monetary policy rate (MoPR) by 25 basis points from 2.65 to 2.4 [...] Full text...
thread Economy
COP28: Madagascar receives $8.8 million for forest carbon credits
05 december 2023 - 08:39:16Antananarivo, Madagascar (PANA) - Madagascar received $8.8 million for carbon credits from reducing 1.76 million tons of carbon emissions in [...] Full text...
thread Environment
World Bank provides $266.5 million to improve internet access in 4 West African countries
03 december 2023 - 18:00:37Banjul, Gambia (PANA) - The World Bank has approved $266.5 million in IDA financing aimed at improving internet access in [...] Full text...
thread Economy
COP28: Conference is about turning things around, but national govts can't do it alone: Guterres
03 december 2023 - 13:52:35Dubai, UAE (PANA) - UN Secretary-General Antonio Guterres said on Sunday that COP28 is about turning things around, but national [...] Full text...
thread Environment
Fostering skills development to improve job prospects in Sub-Saharan Africa: World Bank Blog By Nathan Belete
02 december 2023 - 15:22:31Arusha, Tanzania (PANA) - When it comes to skills development and innovation, youth from Africa have something to say. Based [...] Full text...
thread Economy
World Bank accelerates digital transformation in West Africa
02 december 2023 - 08:19:59Washington, DC, United States (PANA) - The World Bank has approved a $266.5 million (in IDA financing) game-changing programme aimed [...] Full text...
thread Economy
COP28: World Bank carbon credits to boost international carbon markets
01 december 2023 - 19:40:33Dubai, UAE (PANA) - The World Bank on Friday announced ambitious plans for the growth of high-integrity global carbon markets, [...] Full text...
thread Environment
Gambian economy continues its strong recovery-Governor Saidy
30 november 2023 - 18:27:54Banjul, Gambia (PANA) - Buah Saidy, Governor of the Central Bank of The Gambia, has stated that the Gambian economy [...] Full text...
thread Economy
Kenya set to overhaul refugee policy, to change camps into urban centres
30 november 2023 - 18:21:21Nairobi, Kenya (PANA) - Kenya is planning to designate major refugee camps as urban centres and municipalities once a draft [...] Full text...
thread Politics
COP28: Climate action will boost Tunisia’s economy, says World Bank Report
30 november 2023 - 14:23:42Tunis, Tunisia (PANA) - Water scarcity, coastal erosion and more frequent flooding are among Tunisia’s most pressing climate challenges, says [...] Full text...
thread Economy
IGAD conference confronts forced displacements in Eastern Africa
27 november 2023 - 22:47:53Nairobi, Kenya (PANA) – Government representatives and experts responsible for developing refugee resettlement policies in Eastern Africa are meeting in [...] Full text...
thread Politics
Raising South Africa's economic prospects by curbing crime: WB report
22 november 2023 - 12:38:14Pretoria, South Africa (PANA) - The impact of crime on South Africa’s economic prospects is high and broad-based, according to [...] Full text...
thread Society
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 - 12:35:58Abidjan, Côte d’Ivoire (PANA) - Street vendors, taxi drivers, hairdressers, metal workers, repair shops - Côte d’Ivoire’s towns and cities [...] Full text...
thread Economy
ECOWAS bank gives Nigerian bank $50 million loan for SMEs
22 november 2023 - 07:30:39Lome, Togo (PANA) - The ECOWAS Bank for Investment and Development (EBID) has signed an agreement with WEMA Bank Plc, [...] Full text...
thread Economy
With World Bank support CAR’s new solar park expands access to clean energy
17 november 2023 - 17:35:59Bangui, Central African Republic (PANA) - Central African Republic on Friday launched a 25-megawatt solar park with battery storage in [...] Full text...
thread Economy
AfDB, Mohammed VI Investment Fund join forces to strengthen financing in Morocco
11 november 2023 - 15:24:08Marrakech, Morocco (PANA) - Dr. Akinwumi Adesina, President of the African Development Bank (AfDB), and Mohamed Benchaâboun, President of the [...] Full text...
thread Economy
Botswana’s mobile operator to offer Twoobii Smart satellite connectivity
07 november 2023 - 12:54:17Gaborone, Botswana (PANA) - Botswana’s mobile operator, Mascom, has partnered with Q-KON Africa to offer the Twoobii Smart satellite connectivity [...] Full text...
thread Economy
Boosting opportunities for the most vulnerable: Productive social safety net toolbox for Africa: World Bank Blog
06 november 2023 - 07:41:54Dakar, Senegal (PANA) - Africa is not on track to achieve the Sustainable Development Goal of eradicating extreme poverty. While many [...] Full text...
thread Economy
AfDB approves US$300 million to South Africa for energy governance, climate resilience
01 november 2023 - 07:31:39Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a US$300 [...] Full text...
thread Economy
Zimbabwe requires strong reform efforts to prop up post-COVID economic recovery: IMF
26 october 2023 - 06:49:50Harare, 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
US warns businesses, individuals of potential risks of business in Uganda
24 october 2023 - 07:36:47Washington, DC, US (PANA) - Several US Departments and one Agency have issued a Business Advisory on Uganda warning of [...] Full text...
thread Economy
To reduce South Africa’s unemployment, make work more attractive: World Bank Blog( By Jacques Morisset)
23 october 2023 - 19:01:35Cape Town, South Africa (PANA) – At over 30%, unemployment is South Africa’s biggest contemporary challenge. Of course, there are [...] Full text...
thread Society
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 - 10:18:02Washington DC, United States (PANA) - Central banks could keep interest rates higher for longer as they fight to curb [...] Full text...
thread Economy
South Africa embraces green energy industry
16 october 2023 - 10:54:46Cape Town, South Africa (PANA) – With the help of other African nations, South Africa aims to position itself as [...] Full text...
thread Environment
IMF chief calls for action on inclusive growth in MENA
15 october 2023 - 17:45:39Marrakech, Morocco (PANA) - International Monetary Fund (IMF) Managing Director, Ms. Kristalina Georgieva, on Sunday called for action following her [...] Full text...
thread Economy
Higher-for-longer interest rate environment is squeezing more borrowers: IMF Blog By Tobias Adrian
11 october 2023 - 08:00:15Washington, DC, United States (PANA) - The world’s central banks have unleashed the steepest series of interest-rate increases in decades [...] Full text...
thread Economy
Libya, Italy sign MoU to unify commercial strategy
09 october 2023 - 13:09:31Tripoli, Libya (PANA) - The joint Libyan-Italian Chamber of Commerce has signed a memorandum of understanding (MoU) to unify their [...] Full text...
thread Economy
South Africa: Palestinian national assassinated in Cape Town
05 october 2023 - 15:15:47Cape Town, South Africa (PANA) - Police have confirmed that a prominent Palestinian businessman was shot and killed in Cape [...] Full text...
thread Society
To avert a “Lost Decade,” Africa must urgently achieve stability, increase growth, create jobs: WB report
04 october 2023 - 18:46:45Washington DC, US (PANA) - Sub-Saharan Africa’s economic outlook remains bleak amid an elusive growth recovery, according to the latest [...] Full text...
thread Economy
Ghana Football rejuvenated under Simeon-Okraku – FIFA Council Member
03 october 2023 - 06:01:41Accra, Ghana (PANA) - Former President of the Nigeria Football Federation, Amaju Melvin Pinnick, says Ghana Football has seen significant [...] Full text...
thread Sports
UNGA78: General debate concludes, reaffirming primacy of the United Nations
27 september 2023 - 06:53:51New York, US (PANA) - The General Assembly’s annual debate concluded on Tuesday, with global leaders stating that while the [...] Full text...
thread Politics
IMF completes staff-level deal with Somalia on review under Extended Credit Facility
22 september 2023 - 16:19:08Mogadishu, Somalia (PANA) - An International Monetary Fund (IMF) team has reached a staff-level agreement on the sixth review under [...] Full text...
thread Economy
‘Humanity has opened the gates to hell’ warns Guterres as climate coalition demands action
20 september 2023 - 16:47:00New York, US (PANA) - “Horrendous heat is having horrendous effects,” the UN chief declared on Wednesday, as a broad [...] Full text...
thread Environment
AfDB launches digital platform to drive business linkages in Madagascar
19 september 2023 - 07:52:34Antananarivo, Madagascar (PANA) - The African Development Bank (AfDB) has launched a digital platform in Madagascar to help drive business [...] Full text...
thread Economy
UNGA78: UN chief brushes off absence of key leaders
17 september 2023 - 05:00:47New York, US (PANA) - With several high-profile world leaders opting out of the UN General Assembly’s annual opening session [...] Full text...
thread Politics