World Bank Group advances gender strategy, unveils economic opportunity ambitions

24 october 2024 - 14:35:56
Washington DC, United States (PANA) - The World Bank Group on Thursday took the first steps toward implementing Gender Strategy [...] Full text...

thread Gender

Meet Fátima Almeida, the entrepreneur revolutionising digital and financial inclusion in Angola: World Bank Blog By Entrepreneur Fátima Almeida

03 august 2024 - 10:55:51
Luanda, Angola (PANA) – A graduate in economics with a flair for business, Angolan entrepreneur Fátima Almeida has always been [...] Full text...

thread Society

Pan-African Fintech Hub launched in Lagos

10 july 2024 - 14:47:11
Banjul, Gambia (PANA) - The United Nations Development Programme (UNDP) and the timbuktoo Africa Innovation Foundation on Tuesday launched a [...] Full text...

thread Sciences

AfDB taking Africa to the World

07 june 2024 - 07:47:50
London, UK (PANA) - The 10th Invest Africa Debate opened in London’s prestigious Guildhall on Thursday with the president of [...] Full text...

thread Economy

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

AfDB plans massive work on DRC's giant Inga 3 dam

29 march 2024 - 13:20:12
Abidjan, Cote d'Ivoire (PANA) - African Development Bank (AfDB) Group President, Dr Akinwumi Adesina, has called for a major political [...] Full text...

thread Economy

World Economic Forum 2024: Rebuilding trust amid uncertainty

19 january 2024 - 15:00:41
Davos-Klosters, Switzerland (PANA) – At a moment of growing fragmentation and polarization, the World Economic Forum’s Annual Meeting 2024 served [...] Full text...

thread Society

Central Bank Digital Currency development enters next phase: IMF Blog (By Tobias Adrian, Dong He, Tommaso Mancini-Griffoli, and Tao Sun)

21 november 2023 - 17:23:49
Washington DC, United States (PANA) - Central bank digital currencies can improve payment systems as well as financial inclusion—if they [...] Full text...

thread Economy

Libya strives to modernise its fiscal, monetary policy frameworks with IMF support

21 november 2023 - 09:33:36
Tripoli, Libya (PANA) – An International Monetary Fund (IMF) mission visiting Libya has expressed the Fund’s deepest condolences to the [...] Full text...

thread Economy

Africa can become new global supply chain force: UNCTAD

16 august 2023 - 16:00:32
Nairobi, Kenya (PANA) - African economies should seize the opportunity to better integrate into technology-intensive global supply chains and boost [...] Full text...

thread Economy

Africa Day: ‘Let’s put our resources at risk behind Africa’s young people’ - Adesina

26 may 2023 - 13:49:19
Sharm El Sheikh, Egypt (PANA) - Delegates attending the 2023 African Development Bank Group’s Annual Meetings in Sharm El Sheikh, [...] Full text...

thread Economy

"Investing in Africa is profitable," AfDB President tells Japanese investors

24 april 2023 - 20:40:33
Tokyo, Japan (PANA) - The president of the African Development Bank (AfDB) Group, Dr. Akinwumi Adesina, has called for a [...] Full text...

thread Economy

Digital economy to boost Eswatini’s development, enhance service delivery: WB report

09 february 2023 - 07:46:20
Mbabane, Eswatini (PANA) - The digital economy offers Eswatini a range of opportunities to improve economic development and enhance public [...] Full text...

thread Economy

US-Africa Summit: US to incorporate AGOA into new strategic partnership

29 november 2022 - 07:48:47
Nairobi, Kenya (PANA) – The United States will incorporate the African Growth and Opportunities Act (AGOA) into a new strategic [...] Full text...

thread Economy

US fintech firm buys Kenyan microfinance bank

29 july 2022 - 13:41:06
Nairobi, Kenya (PANA) - US-registered financial technology firm, UMBA,  has taken a controlling stake in the Daraja Micro-Finance Bank, licensed [...] Full text...

thread Economy

Botswana’s output recovers to pre-pandemic level

28 july 2022 - 06:16:02
Gaborone, Botswana (PANA) - A successful vaccination campaign, prudent management, and strong demand for diamonds have allowed Botswana to recover [...] Full text...

thread Economy

High demand, prices for diamond raise prospects for Botswana’s recovery

01 june 2022 - 06:38:41
Gaborone, Botswana (PANA) - Prolonged sanctions against Russia, the largest rough diamond producer, could increase demand for and prices of [...] Full text...

thread Economy

Mauritius Central Bank signs MOU on cooperation with Luxemburg financial agency

17 january 2022 - 09:10:15
Port Louis, Mauritius (PANA) - The Mauritius Central Bank and the Commission de Surveillance du Secteur Financier of Luxemburg (CSSF) [...] Full text...

thread Economy

Libyan Central Bank, French foundation discuss development of Libyan banking sector

28 october 2021 - 11:50:11
Tripoli, Libya (PANA) - The Governor of the Central Bank of Libya (BCL), Seddik al-Kabir, spoke on Wednesday about cooperation [...] Full text...

thread Economy

Challenges are opportunities in Africa despite Covid-19: 2021 Singapore-Africa Business Forum

24 august 2021 - 13:27:33
Singapore (PANA) - The global Covid-19 pandemic should not dampen investor appetite in Africa as the continent remains an investment [...] Full text...

thread Economy

Africa's economic growth to slow to negative 4.1% in 2020 - ECA

15 december 2020 - 19:31:18
Addis Ababa, Ethiopia (PANA) – Economic growth in Africa is projected to drop drastically to negative 4.1% before making a [...] Full text...

thread Economy

Coronavirus: Pandemic exacts heavy toll on Nigerian economy, GDP contracts - IMF

12 december 2020 - 09:02:17
Abuja, Nigeria (PANA) - The COVID-19 global pandemic has exacted a heavy toll on the Nigerian economy, which was already [...] Full text...

thread Economy

Mauritius launches peer to peer lending rules

17 september 2020 - 12:55:55
Ebene, Mauritius (PANA) - Mauritius launched on Thursday the Financial Services (Peer to Peer Lending) Rules 2020 (P2P Lending Rules) [...] Full text...

thread Economy

The relevance of digital skills in the COVID-19 era (An AfDB feature)

18 june 2020 - 17:07:18
Abidjan, Cote d'Ivoire (PANA) - The COVID-19 global pandemic has changed how the world functions, illustrating the limitations of many [...] Full text...

thread Society

COVID-19 pandemic bolsters case for technology-based economic resilience

17 april 2020 - 18:39:54
Abidjan, Cote d'Ivoire (PANA) - As the COVID-19 pandemic continues to have a devastating impact globally, the African continent, while [...] Full text...

thread Sciences

Public financial management training for regional bankers opens in Banjul

09 march 2020 - 20:31:01
Banjul, Gambia (PANA) - A regional course on public financial management on debt, budgeting, planning and performance opened at a [...] Full text...

thread Economy

Botswana faces headwinds from severe drought and slow growth of neighbours

28 november 2019 - 13:07:04
Gaborone, Botswana (PANA) – After a relatively good performance in 2018, the economy of Botswana faces headwinds in 2019 related [...] Full text...

thread Economy

Afreximbank to hold trade financing seminar in South Africa

02 october 2019 - 08:48:08
Abidjan, Côte d'Ivoire (PANA) - A trade financing seminar, organised by the African Export-Import Bank (Afreximbank), will be held on [...] Full text...

thread Economy

Cote d'Ivoire: French Fintech FairMoney raises 10m Euros for expansion in emerging markets

16 september 2019 - 20:59:32
Abidjan, Cote d'Ivoire (PANA)   -   FairMoney, a Paris-based French Fintech, announced here Monday a ten-million-euro fundraiser from Flourish Ventures, the [...] Full text...

thread Economy

Mauritius launches “MauCAS”, a digital hub for payments among operators

15 august 2019 - 18:04:54
Port-Louis, Mauritius (PANA) – Mauritian Prime Minister, Pravind Jugnauth, on Thursday launched the Mauritius Central Automated Switch (MauCAS), a novel [...] Full text...

thread Economy

Mauritania's central bank unveiled the best financial inclusions

29 july 2019 - 18:13:53
Nouakchott, Mauritania (PANA) - An international jury set up by the Central Bank of Mauritania (BCM) has unveiled the results [...] Full text...

thread Economy

NBFIRA publishes 2018/19 research bulletin on state of capital markets

24 july 2019 - 15:23:24
Gaborone, Botswana (PANA)   -  The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) Wednesday released its 2018/19 research bulletin, focusing on domestic [...] Full text...

thread Economy

Mobile phone applications triple access to financial services in Kenya

16 july 2019 - 00:14:51
Nairobi, Kenya (PANA)   -  President Uhuru Kenyatta said here Monday Kenya would continue leveraging on new technologies to deepen financial [...] Full text...

thread Economy

Mauritius Govt. to bring public debt to GDP ratio to 60% by June 2021

09 july 2019 - 16:21:08
Port-Louis, Mauritius (PANA) – Mauritian Prime Minister Pravind Jugnauth on Tuesday told Parliament that the government is firmly committed to [...] Full text...

thread Economy

Botswana has 24 percent of population without access to banking services

24 june 2019 - 16:06:16
Gaborone, Botswana (PANA) - Botswana Minister of Finance and Economic Development, Kenneth Matambo, has said 76 percent of the adult population [...] Full text...

thread Economy

Third world summit of "Women in Africa" to be held in June in Morocco

14 june 2019 - 20:46:02
Abidjan, Côte d'Ivoire (PANA)   -   The third edition of the world summit of ‘Women in Africa Initiative (WIA)’, an international [...] Full text...

thread Gender

Afreximbank wins African Bank of the year 2019

12 june 2019 - 10:57:26
Abidjan, Côte d'Ivoire (PANA) - African Export Import Bank (Afreximbank) was on Tuesday named the African Bank the year 2019 [...] Full text...

thread Economy

IMF, World Bank fintech dialogue reaches Botswana’s shores

23 may 2019 - 21:12:45
Gaborone, Botswana (PANA)   -   International Monetary Fund (IMF) will next month host the Bali Fintech Agenda (BFA) conference in Botswana [...] Full text...

thread

ECA pledges practical support to Angola’s economic reform

20 may 2019 - 14:38:37
Luanda, Angola (PANA) - The UN Economic Commission for Africa (ECA) has set up three work streams aiming to support [...] Full text...

thread Economy

Microsoft sets up African Development Centre in Nairobi and Lagos

15 may 2019 - 12:49:02
Nairobi, Kenya (PANA) - Microsoft has invested in a $100 million Africa Development Centre (ADC) in Nairobi and another site [...] Full text...

thread Economy

Governor of Central Bank of Kenya visits Mauritius

10 may 2019 - 14:20:24
Port Louis, Mauritius (PANA) -​ The Governor of Central Bank of Kenya, Dr Patrick Ngugi Njoroge, is on an official [...] Full text...

thread Economy

Seychelles’ macroeconomic performance remains strong – IMF team

20 march 2019 - 15:13:29
Victoria, Seychelles (PANA) - An International Monetary Fund (IMF) staff team has cautioned authorities in the Seychelles that delays in [...] Full text...

thread Economy

Experts gather in Marrakesh for 52nd Conference of African Ministers of Finance

20 march 2019 - 12:37:08
Marrakesh, Morocco (PANA) - Over a thousand experts are convening in Marrakesh for the 52nd Session of the Conference of [...] Full text...

thread Economy

First African Islamic Fintech Summit opens in Tunis

17 march 2019 - 11:57:25
Tunis, Tunisia (PANA) - The promotion of Islamic finance, powered by new technologies, is being discussed at the first African [...] Full text...

thread Economy

Mauritius launches research repository

25 february 2019 - 14:25:26
Port Louis, Mauritius (PANA) - The Mauritius Research Repository (MRR), an online open access collection of research projects, reports, presentations, [...] Full text...

thread Economy

Kagame attends Africa-Europe high-level forum in Vienna

18 december 2018 - 12:21:50
Kigali, Rwanda (PANA) - Rwandan President and current Chairman of African Union (AU) Paul Kagame is currently in Vienna, Austria, [...] Full text...

thread Politics

Ecobank signs partnership deal with MFS Africa for mobile payment services

12 december 2018 - 18:32:14
Abidjan, Côte d 'Ivoire (PANA) - Pan-African banking group, Ecobank Transnational Incorporated (ETI), announced on Wednesday it has signed a [...] Full text...

thread Economy

French aid agency sets US$ 5.8m aside to support start-ups in North Africa

10 december 2018 - 18:39:09
Paris, France (PANA) - Proparco, a subsidiary of the French Development Agency (AFD) dedicated to the private sector, signed on [...] Full text...

thread Economy

Mauritius Africa FinTech Hub due to launch on 5 Dec

30 november 2018 - 13:04:04
Port Louis, Mauritius (PANA) - The Mauritius Africa FinTech Hub (MAFH), a not-for-profit organisation meant to propel Mauritius into [...] Full text...

thread Economy

Artificial Intelligence Show opens in Mauritius

29 november 2018 - 07:07:37
Balaclava, Mauritius (PANA) – A three-day World Artificial Intelligence Show and World Blockchain Summit 2018 opened on Wednesday night in [...] Full text...

thread Sciences

Mauritius to host World AI Show and World Blockchain Summit 2018

27 november 2018 - 08:46:11
Port-Louis, Mauritius (PANA) - Mauritius will host the World Artificial Intelligence (AI) Show, a thought-leadership driven and business-focused event, [...] Full text...

thread Economy

Sub-Saharan Africa recovering from growth slowdown - EIB report

24 november 2018 - 11:30:02
Addis Ababa, Ethiopia (PANA) - Sub-Saharan Africa is recovering from the most severe growth slowdown in two decades, a [...] Full text...

thread Economy

Adesina wraps up Canada visit with a plea: “Africa cannot be ignored”

21 september 2018 - 13:48:12
Alberta, Canada (PANA) - “Given the size of its markets, growth, and huge potential across multiple sectors, Africa cannot be [...] Full text...

thread Economy

Spain: IMF chief urges collaboration to fight money laundering, terrorist financing

22 june 2017 - 18:47:38
Valencia, Spain (PANA) - As terrorism becomes more pervasive in societies, it is a collective responsibility of all nations to [...] Full text...

thread Economy

Cote d'Ivoire: AfDB approves US$15m equity investment to support inclusive growth in Africa

17 june 2017 - 08:38:34
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a US$15 million [...] Full text...

thread Economy