Libya holds meeting on National SME Programme projects for 2024

03 april 2024 - 14:30:41
Tripoli, Libya (PANA) - The Libyan Minister for Local Government in the Government of National Unity, Badreddine al-Toumi, Wednesday monitored [...] Full text...

thread Economy

Scaling innovation: Expanding We-Fi's digital cash flow product across Africa – World Bank Blog By Siegfried Zottel and Sean Ding

03 november 2023 - 18:26:11
Accra, Ghana (PANA) - Imagine being seated across from a loan officer in a bank, stepping into the shoes of [...] Full text...

thread Gender

AfDB launches digital platform to drive business linkages in Madagascar

19 september 2023 - 07:52:34
Antananarivo, Madagascar (PANA) - The African Development Bank (AfDB) has launched a digital platform in Madagascar to help drive business [...] Full text...

thread Economy

EBRD and EU support micro, small and medium-sized enterprises in Egypt

24 november 2022 - 13:22:36
Cairo, Egypt (PANA) - The European Bank for Reconstruction and Development (EBRD) announced on Thursday a financial package of up [...] Full text...

thread Economy

EBRD boosts SME access to finance in Egypt

19 may 2022 - 12:18:57
Cairo, Egypt (PANA - The European Bank for Reconstruction and Development (EBRD) announced on Thursday it is stepping up support [...] Full text...

thread Economy

Mauritius launches SME Observatory

15 april 2022 - 09:26:37
Ebene, Mauritius (PANA) – Mauritius on Thursday launched the second SME Mauritius Observatory at the Hennessy Park Hotel, in Ebène, [...] Full text...

thread Economy

Kenya electricity distribution firm in landmark profit jump

26 february 2022 - 00:18:34
Nairobi, Kenya (PANA) – Kenya Power, the consumer electricity distributor, has reported a net profit before tax of US$50 million [...] Full text...

thread Economy

East African Trade Bank signs deal to finance solar power start up in Kenya

19 november 2021 - 23:22:17
Nairobi, Kenya (PANA) - The Eastern and Southern African Trade and Development Bank (TDB) has sealed a US$4.2 million transaction [...] Full text...

thread Economy

New World Bank Group programme to boost Djibouti’s efforts to reduce poverty

01 october 2021 - 20:16:47
Djibouti, Djibouti (PANA) - The World Bank on Friday unveiled the new 2022-2026 Country Partnership Framework (CPF) for Djibouti which [...] Full text...

thread Economy

EBRD promotes energy efficiency and renewable energy in Egypt

10 september 2021 - 13:24:40
Cairo, Egypt (PANA) - The European Bank for Reconstruction and Development (EBRD) is boosting renewable energy and energy efficiency in [...] Full text...

thread Economy

EBRD appoints new Head of Tunisia

01 september 2021 - 12:48:46
Tunis, Tunisia (PANA) - The European Bank for Reconstruction and Development (EBRD) on Wednesday announced the appointment of Nodira Mansurova [...] Full text...

thread Society

EBRD, donors and QNB ALAHLI boost green investments in Egypt

18 august 2021 - 12:35:28
Cairo, Egypt (PANA) - The European Bank for Reconstruction and Development (EBRD) is boosting small businesses and green investments in [...] Full text...

thread Economy

Mozambique: AfDB, Italian Technical Cooperation Fund extend €990,000 grant to boost agricultural value chains

24 june 2021 - 13:43:29
Maputo, Mozambique (PANA) - The African Development Bank, with financing from the Italian Technical Cooperation Fund, has provided a €990,000 [...] Full text...

thread Agriculture

G7 Development Finance Institutions and multilateral partners to invest over $80 billion into African businesses

14 june 2021 - 13:15:11
Abidjan, Cote d’Ivoire (PANA) - Development Finance Institutions (DFIs) of the G7 member countries have for the first time come [...] Full text...

thread Economy

Egypt’s apex business body holds “African Agriculture Day”

28 april 2021 - 20:24:32
Banjul, Gambia (PANA) - The Cairo-based apex business body, Egyptian African Businessmen Association (EABA), Tuesday organized the maiden edition of [...] Full text...

thread Agriculture

Coronavirus: Some 10,000 people have lost their jobs in Mauritius during the pandemic

07 april 2021 - 09:55:38
Port-Louis, Mauritius (PANA) – The Industrial Development, SMEs and Cooperatives Minister, Mr Soomilduth Bholah, on Tuesday told the National Assembly [...] Full text...

thread Economy

Egypt’s apex business body organizes conference

03 april 2021 - 20:18:23
Banjul, Gambia (PANA) – The Cairo-based apex business body, Egyptian African Businessmen Association (EABA), Saturday organized an online conference which [...] Full text...

thread Economy

ILO warns against worsening job inequalities from online digital labour platforms

24 february 2021 - 09:29:49
Geneva, Switzerland (PANA) – The International Labour Organisation (ILO) has warned against the rising income inequalities caused by digital labour [...] Full text...

thread Economy

Kenya Power improves electricity distribution to SMEs

21 january 2021 - 10:22:49
Nairobi, Kenya (PANA) - The World Bank has supported a project to distribute new types of digital electricity metering to [...] Full text...

thread Economy

Tunisian Leila Mokaddem appointed DG of the AfDB in Southern Africa

07 january 2021 - 17:57:55
Tunis, Tunisia (PANA) - In a statement issued on Thursday, the African Development Bank Group announced the appointment of Tunisian [...] Full text...

thread Economy

Kenya Equity bank wins 2020 SME Bank Africa Award

23 november 2020 - 19:48:42
Nairobi, Kenya (PANA) – For the third consecutive year, Kenya Equity Bank has won the 2020 SME Bank of the [...] Full text...

thread Economy

Coronavirus: IMF foresees stronger recovery in Senegal than previous forecast

18 november 2020 - 10:47:29
Dakar, Senegal (PANA) - The coronavirus pandemic’s economic impact on Senegal was significant in the first half of 2020, but [...] Full text...

thread Economy

AfDB named latest board member of the World Business Angels Investment Forum

28 september 2020 - 18:59:44
Abidjan, Cote d'Ivoire (PANA) - The World Business Angels Investment Forum (WBAF) on Monday named the African Development Bank (AfDB) [...] Full text...

thread Economy

AfDB named to board World Business Angels Investment Forum

28 september 2020 - 12:50:53
Abidjan, Cote d’Ivoire (PANA0 - The World Business Angels Investment Forum (WBAF) on Monday announced the African Development Bank as [...] Full text...

thread Economy

Kenyan textile industry growth stifled by ageing technology, imports, warns British Council

23 september 2020 - 22:09:49
Nairobi, Kenya (PANA) - The biggest constraint to the growth of the fashion industry in Kenya is the importation of [...] Full text...

thread Economy

AfDB partners AGRF as sponsor of virtual African Green Revolution Forum

07 september 2020 - 17:48:10
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) returns as a top-tier partner of the African Green Revolution [...] Full text...

thread Agriculture

Zimbabwe dollar appreciates against USD for the first time

01 september 2020 - 17:48:53
Harare, Zimbabwe (PANA) - The Zimbabwen dollar (ZWL) appreciated to ZWL83.32 against one United States dollar at the end of [...] Full text...

thread Economy

Coronavirus: EBRD, CaixaBank boost SME financing in Morocco

17 august 2020 - 15:58:42
Rabat, Morocco (PANA) - The European Bank for Reconstruction and Development (EBRD) on Monday announced its support to small businesses [...] Full text...

thread Economy

Coronavirus: IFC grants loan to Kenya's DTB to help SMEs face pandemic challenges

14 august 2020 - 18:03:28
Nairobi, Kenya (PANA) - The International Finance Corporation (IFC) has announced a US$50 million loan to Diamond Trust Bank Kenya [...] Full text...

thread Economy

Coronavirus: IFC, UBA to train Ugandan SMEs, financial institutions to face Covid-19 challenges

10 august 2020 - 17:39:54
Kampala, Uganda-(PANA) - The International Finance Corporation (IFC) and the Uganda Bankers Association on Monday announced a partnership to train [...] Full text...

thread Economy

COVID-19: African unclaimed asset wealth tipped to rescue SMEs from COVID-19 crisis (By Kennedy Abwao, PANA Correspondent)

10 july 2020 - 08:30:17
Nairobi, Kenya (PANA) – African countries and Central Banks should direct funds from inactive financial assets held in local bank [...] Full text...

thread Economy

AfDB concludes R2 billion investment in Nedbank SDG-linked bonds

03 july 2020 - 15:03:25
Johannesburg, South Africa (PANA) - The African Development Bank (AfDB) Group has concluded the investment of 2billion Rands (about US$116 [...] Full text...

thread Economy

Coronavirus: UNDP supports Botswana SMEs fight COVID-19 impact

09 june 2020 - 18:20:00
Gaborone, Botswana (PANA) - United Nations Development Programme (UNDP) has recently embarked on a project, dubbed Business Supplier Development Programme [...] Full text...

thread Economy

COVID-19: Kenyatta unveils $502 million national economic stimulus programme

23 may 2020 - 16:03:43
Nairobi, Kenya (PANA) - President Uhuru Kenyatta on Saturday unveiled a massive stimulus programme to jump-start Kenya's economy by pumping [...] Full text...

thread Society

Coronavirus: 'Zimbabwe Govt has offered no clear solutions for SMEs'

09 april 2020 - 09:09:51
Harare, Zimbabwe (PANA) - Local legal think tank, Veritas, says government has offered no clear solutions for small to medium [...] Full text...

thread Economy

EBRD, QNB Alahli boost green investments, small firms in Egypt

06 february 2020 - 23:29:07
Cairo, Egypt (PANA)   - The European Bank for Reconstruction and Development (EBRD) is boosting small businesses and green investments in [...] Full text...

thread Economy

AfDB Fund Board approves US$37.2 million for non-sovereign operations in Kenya, Sudan and Senegal

15 january 2020 - 17:38:56
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Fund (ADF), the concessional window of the [...] Full text...

thread Economy

Abidjan stock exchange presents positive balance sheet for 2019

15 january 2020 - 15:27:48
Abidjan, Cote d'Ivoire (PANA) - The regional stock exchange of Abidjan presented on Tuesday the balance sheet for financial year [...] Full text...

thread Economy

Congo: Postal Bank launches factoring to boost SMEs

27 december 2019 - 13:49:48
Brazzaville, Congo (PANA) -  Congo Postal Bank (BPC) Director General Calixte Médard Tabangoli on Thursday launched in Brazzaville the factoring [...] Full text...

thread Economy

Minister notes role of SMEs in Botswana's economic diversification

17 december 2019 - 18:26:10
Gaborone, Botswana (PANA) - Botswana's Acting Minister of Investment, Trade and Industry, Karabo Socraat Gare, has lauded the International Trade Centre [...] Full text...

thread Economy

Mauritania: PROPARCO, ATTIJARI Bank sign € 5.5 million agreement for SME financing

11 december 2019 - 18:09:41
Nouakchott, Mauritania (PANA) - The French Development Agency (FDA) Group in Mauritania, through its subsidiary PROPARCO, and ATTIJARI Bank Mauritania [...] Full text...

thread Economy

Cote d'Ivoire: National Investment Bank to raise share capital

05 december 2019 - 18:52:55
Abidjan, Côte d'Ivoire (PANA) - The Ivorian government said on Wednesday it will raise the share capital of the National [...] Full text...

thread Economy

'Bring us to the table to unlock youth jobs and power growth,' say young African entrepreneurs

05 december 2019 - 17:06:01
Sharm El-Sheikh, Egypt (PANA) - Young African entrepreneurs urged to make their voices heard in business policy-making across the continent [...] Full text...

thread Economy

Botswana could host African Guarantee Fund’s regional hub

21 november 2019 - 21:01:39
Gaborone, Botswana (PANA) - Following a Board Meeting held in Gaborone on Thursday, 21 Nov., 2019, African Guarantee Fund for [...] Full text...

thread Economy

African Development Bank, 3 Regional Development Banks launch Joint Report on Livable Cities

20 october 2019 - 08:29:43
Abidjan, Cote d'Ivoire (PANA) - Rapid urbanization has provided most cities in the world with opportunities to provide more sustainable, [...] Full text...

thread Economy

Mauritius sets up SME Observatory for data collection

30 september 2019 - 13:02:56
  Port-Louis, Mauritius (PANA) – SME Mauritius, a government body, will soon set up an observatory to serve as the main repository of [...] Full text...

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Prisoners in Mauritius train to become entrepreneurs

19 september 2019 - 13:43:29
Melrose, Mauritius (PANA) – Mauritius Prison Service and SME Mauritius Ltd on Thursday launched a business plan for inmates, in [...] Full text...

thread Society

Botswana Ministry of Investment, Trade and Industry to invest on Export, SME development

20 august 2019 - 20:30:16
Gaborone, Botswana (PANA) - The Botswana Ministry of Investment, Trade and Industry is looking forward to concentrating on the Small and [...] Full text...

thread Economy

Barclays Bank Botswana opens enterprise and development centre

01 august 2019 - 15:32:49
Gaborone, Botswana (PANA) - As part of its continued efforts to support small and medium enterprises (SMEs), Barclays Bank Botswana [...] Full text...

thread Economy

WAEMU heads of state reaffirm commitment to ECOWAS single currency

14 july 2019 - 08:22:57
Ouagadougou, Burkina Faso (PANA)   -   The heads of state and government of WAEMU member-countries Friday reaffirmed their political commitment to [...] Full text...

thread Economy

Congolese SME actors plead for facilitation to access to financial services

02 july 2019 - 22:54:50
Brazzaville, Congo (PANA)   -   The Congolese minister in charge of small and medium-size enterprises (SMEs), Yvonne Adélaïde Mougany, Tuesday called [...] Full text...

thread Economy

Zimbabwe Finance minister's tweet on low prices angers consumers

22 june 2019 - 19:03:12
Harare, Zimbabwe (PANA) - Zimbabwe’s Finance minister Mthuli Ncube has angered the public saying prices of basic commodities in US [...] Full text...

thread Economy

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

Cote d'Ivoire adopts strategy for financial inclusion rate of 60% in 2024

16 may 2019 - 10:20:48
Abidjan, Côte d'Ivoire (PANA) - The Ivorian government on Wednesday adopted the 2019-2024 national financial inclusion strategy (SNIF), which aims [...] Full text...

thread Economy

IMF team projects Côte d’Ivoire economy to remain strong in 2019

28 march 2019 - 15:10:14
Abidjan, Côte d’Ivoire (PANA) - Côte d’Ivoire’s economic activity is projected to remain strong in 2019 and the medium-term outlook [...] Full text...

thread Economy

Mauritius to make SME sector the backbone of a sustainable economy

21 march 2019 - 17:17:12
  Port-Louis, Mauritius (PANA) – Mauritian Agro-industry and food security Minister, Mahen Seeruttun, on Thursday said that the government, in its [...] 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

Seventh edition of International Fair of Yaoundé opens Saturday

15 february 2019 - 18:40:49
Yaoundé, Cameroon (PANA) - The 7th edition of the International Exhibition of Enterprise, SME and Partnership Fair comes off at [...] Full text...

thread Economy

'Use of blended finance as tool for scaling up investment in Africa, on the rise'

15 november 2018 - 12:57:06
Abidjan, Cote d'Ivoire (PANA) - The use of blended finance as a tool to address risk perceptions and crowd in [...] Full text...

thread Economy

AfDB releases 30 million Euros to Mali Development Bank

29 october 2018 - 13:04:15
Bamako, Mali (PANA) – The African Development Bank (AfDB) has given 30 million Euros (about 20 billion CFAF) to the [...] Full text...

thread Economy

South Africa’s mass transit sector secures US$ 100 million AfDB loans

23 october 2018 - 16:33:43
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has approved over US$100 million in loans to South Africa's [...] Full text...

thread Economy

AfDB approves US$50mn facility to support Nigeria’s rural populations

26 september 2018 - 13:21:15
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has approved a US$50 million line of credit to Nigeria’s [...] Full text...

thread Society

AfDB boosts Jobs for Youth in Africa with close to US$2 million

25 september 2018 - 16:01:16
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank’s Fund for African Private Sector Assistance (FAPA), has provided funds totaling [...] Full text...

thread Economy

AfDB approves US$1m to boost Liberia's wood industry

23 september 2018 - 10:59:04
Monrovia, Liberia (PANA) - The African Development Bank’s Fund for African Private Sector Assistance (FAPA), has approved a grant of [...] Full text...

thread Economy

AfDB approves US$15 million Equity Investment to boost SME growth in West Africa

07 september 2018 - 13:03:03
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a US$ 15 [...] Full text...

thread Economy

IFC supports diversification of Liberian economy

27 july 2018 - 16:34:10
Nairobi, Kenya (PANA) - Sérgio Pimenta, the Vice President for Africa and the Middle-East at the International Finance Corporation (IFC), [...] Full text...

thread Economy

Facility for Agricultural Finance in Africa receives FAPA donors’ approval seal (An AfDB Feature)

25 july 2018 - 16:48:38
Lagos, Nigeria (PANA) - By 2030, it is estimated that Africa’s urban food markets will be valued at US$1 trillion. Despite [...] Full text...

thread Agriculture

AfDB approves US$ 250-million Risk Participation Agreement with ABSA

21 july 2018 - 06:19:04
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved an unfunded US$ [...] Full text...

thread Economy

SMEs benefit from US$20-million AfDB loan to Uganda Development Bank

21 july 2018 - 06:08:11
Kampala, Uganda (PANA) - The African Development Bank (AfDB) has approved a US$20 million loan to the Uganda Development Bank [...] Full text...

thread Economy

AfDB approves US$ 15m equity investment to boost agri-business in Africa

14 june 2018 - 13:43:34
Abidjan, Cote d'Ivoire (PANA) - In an effort to boost agri-business and enhance food security in Africa, the African Development [...] Full text...

thread Agriculture

Kenya's private sector proposes setting up of SME-friendly bank

22 may 2018 - 12:47:34
Nairobi, Kenya (PANA) - The Kenyan Private Sector Alliance (KEPSA) has proposed the immediate establishment of Biashara Bank which will [...] Full text...

thread Economy

AfDB gives Mali 8 million-euro loan to support trade

18 may 2018 - 13:22:46
Abidjan, Côte d'Ivoire (PANA) - There is good news for trade in Mali, especially for small- and medium-sized enterprises (SMEs) [...] Full text...

thread Economy

Conference on green business development opens in Mauritius

10 may 2018 - 10:21:49
Port-Louis, Mauritius (PANA) - Mauritian Business, Enterprises and Cooperatives Minister Sunil Bholah on Thursday again raised red flags about the [...] Full text...

thread Economy

Women, youth and SMEs to benefit from AfDB's US$100-million loan to Mauritius

13 december 2017 - 14:09:20
Abidjan, Cote d'Ivoire (PANA) - Thousands of small and medium enterprises in Mauritius will benefit from a US$100-million loan to [...] Full text...

thread Economy

Senegal: Despite robust economic growth, Senegal reels under rising public debt

20 september 2017 - 09:29:07
Dakar, Senegal (PANA) – Senegal’s economic growth is expected to remain robust above 6 percent, and inflation to be contained [...] Full text...

thread Economy

Cote d'Ivoire: AfDB creates jobs for millions of women, youth in Africa through the fashion industry

06 july 2017 - 14:28:57
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has called for the empowerment of small and medium operators [...] Full text...

thread Economy

Mozambique: AfDB supports Mozambique SMEs in the construction sector

21 june 2017 - 07:14:52
Maputo, Mozambique (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a US$1-million African Private [...] 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

Nigeria: AfDB supports Nigerian University's expansion with US$40 million loan

14 june 2017 - 06:45:31
Abuja, Nigeria (PANA) - The African Development Bank (AfDB) has signed an agreement for a corporate loan to finance the [...] Full text...

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Mauritius: Australia offers 'Aid for Trade Training' to SMEs in Indian Ocean States  

15 february 2017 - 11:19:54
Port-Louis, Mauritius (PANA) - Mauritius and Australia on Tuesday launched a specialised “Aid for Trade Training Course” for SMEs in [...] Full text...

thread Economy

Tanzania: AfDB approves US$ 120 million line of credit to Tanzania’s CRDB Bank

19 may 2016 - 13:42:01
Dar es Salaam, Tanzania (PANA) - Tanzania's CRDB Bank Plc has secured a US$ 120-million line of credit (LOC) from [...] Full text...

thread Economy

Kenya: Central Bank of Kenya reviews foreign takeover bids for closed Chase Bank

15 april 2016 - 18:01:35
Nairobi, Kenya (PANA) -The Central Bank of Kenya (CBK) is considering proposals from potential buyers of Chase Bank, Kenya’s medium [...] Full text...

thread Economy

Mauritius: SMEs urged to adopt environmentally friendly practices

17 march 2016 - 11:58:18
Port-Louis, Mauritius (PANA) - Mauritian Environment and Sustainable Development Minister Raj Dayal on Thursday appealed to Small and Medium Enterprises [...] Full text...

thread Economy

Senegal: BCEAO, ICD partner for development of private sector in West Africa

25 january 2016 - 13:11:12
Dakar, Senegal (PANA) - The Central Bank of West African States (BCEAO) and the Islamic Corporation for the Development Private [...] Full text...

thread Economy

Mauritius: New bank starts operation in Mauritius

05 january 2016 - 14:36:17
Port-Louis, Mauritius (PANA) – A new bank, the Maubank, began operation Tuesday in Mauritius, following a fusion between the Mauritius [...] Full text...

thread Economy

Tanzania: ITC. EAC launch project to boost intra-African trade

15 december 2015 - 18:19:48
Dar es Salaam, Tanzania (PANA) – The International Trade Centre (ITC) and the East African Community (EAC) Tuesday announced [...] Full text...

thread Economy

UN: UN chief urges more job creation for women, youth in Africa

20 november 2015 - 19:28:41
New York, US (PANA) - Marking the Africa Industrialization Day, UN Secretary General Ban Ki-moon on Friday called for job [...] Full text...

thread Social

US: Africa Islamic Finance Forum to hold in Abidjan 17-18 September

10 june 2015 - 19:14:44
New York, US (PANA) - The Islamic Corporation for the Development of the Private Sector, a member of the Islamic Development [...] Full text...

thread Economy

Kenya: IFC, Ecobank partner to finance SMEs in conflict-affected West, Central Africa

26 may 2015 - 14:38:24
Nairobi, Kenya (PANA) - IFC, a member of the World Bank Group, and Ecobank Transnational Incorporated, parent company of the [...] Full text...

thread Economy

Cote d’Ivoire: AfDB, IFC seek to boost private sector’s role in Africa’s growth

06 may 2015 - 17:44:01
Abidjan, Cote d’Ivoire (PANA) - Enhancing partnerships with a view to boosting the private sector as a driving force for [...] Full text...

thread Economy

South Africa: 3 African countries classified as "Red Countries", need strict security measures

07 april 2015 - 12:32:09
Johannesburg, South Africa (PANA) - Three African countries, Sudan, South Sudan and Djibouti, have joined the growing list of red [...] Full text...

thread Society

Mauritius: Govt gives full support to SMEs in 2015/16 budget

24 march 2015 - 08:57:08
Port-Louis, Mauritius (PANA) - Mauritian Finance Minister Vishnu Lutchmeenaraidoo on Monday night announced the country's national budget for 2015/2016, placing [...] Full text...

thread Economy

Mauritius: Island focuses on a 5.7% growth in 2015

07 march 2015 - 14:16:16
Port-Louis, Mauritius (PANA) – Mauritian Finance Minister Vishnu Lutchmeenaraidoo says that Mauritius is focusing on an economic growth of 5.7% [...] Full text...

thread Economy

US: IFC to invest US$30 million to support SMEs, create jobs in Guinea

27 january 2015 - 14:10:05
Washington D.C., US (PANA) - IFC, a member of the World Bank Group, plans to invest US$30 million in Guinea [...] Full text...

thread Economy

Nigeria: Regulatory body approves N52 billion right issue for Nigerian bank

27 january 2015 - 14:05:18
Lagos, Nigeria (PANA) - The Nigerian capital market regulatory agency, the Securities and Exchange Commission (SEC), has given approval to [...] Full text...

thread Economy

Nigeria: More Nigerian banks support MSME - Report

15 december 2014 - 15:13:38
Lagos, Nigeria (PANA) - More banks in Nigeria now see the Micro Small and Medium Enterprises (MSMEs) as an important [...] Full text...

thread Economy

Cote d’Ivoire: AfDB approves 100-million-euro loan for Morocco

05 october 2014 - 08:11:23
Abidjan, Cote d'Ivoire (PANA) – The African Development Bank (AfDB) has approved a loan of 100 million euros for Morocco [...] Full text...

thread Economy

Senegal: Dakar to host Africa SME Champions Forum

23 september 2014 - 15:20:44
Dakar, Senegal (PANA) – The first Africa SME Champions Forum, slated for 11-12 November, will be held in Dakar, organisers [...] Full text...

thread Economy

Nigeria: Nigeria’s apex bank retains interest rate at 12%

20 september 2014 - 09:56:19
Lagos, Nigeria (PANA) – The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR), otherwise known as [...] Full text...

thread Economy

Benin: 'Agric, powerful engine for development'

30 july 2014 - 10:40:00
Cotonou, Benin (PANA) - Executive Director of the International Trade Centre (ITC) Arancha Gonzalez has called on the Least Developed [...] Full text...

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Belgium: EIB grants 170m-euro loan to Tunisia

24 june 2014 - 08:57:02
Brussels, Belgium (PANA) - The European Investment Bank (EIB) has granted Tunisia two loans totalling 170 million euros for the [...] Full text...

thread Economy

Nigeria: Nigeria to boost export to US under AGOA

08 may 2014 - 17:28:29
Abuja, Nigeria (PANA) – The Nigerian Government Thursday said it is partnering with the United States Government to boost the [...] Full text...

thread Economy

Nigeria: 3-day Africa business summit opens in Abuja

29 april 2014 - 18:18:08
Abuja, Nigeria (PANA) – A three-day meeting of the African Business Summit and Business Association Conference opened Tuesday in Nigeria’s [...] Full text...

thread Economy

Tanzania: Network investments, undersea cables to boost SA's telecom sector

19 march 2014 - 11:41:00
Dar es Salaam, Tanzania (PANA) - Huge investments are expected to take place in South Africa over the next five [...] Full text...

thread Economy

African Guarantee Fund, partner banks to finance SMEs in Cameroon

31 october 2013 - 14:13:34
Yaounde, Cameroon (PANA) - The African Guarantee Fund (AGF) on Thursday signed a protocol agreement, worth US$ 100 million, with [...] Full text...

thread Economy

IFC begins training of entrepreneurs in African countries

02 july 2013 - 13:02:31
Lagos, Nigeria (PANA) - A member of the World Bank Group, International Finance Corporation (IFC), has introduced the Enterprise Governance [...] Full text...

thread Economy

Pan African investment firm boosts NASD trading platform on Nigerian bourse

01 july 2013 - 12:39:44
Lagos, Nigeria(PANA) - The Pan African Investment Company, Heirs Holdings, has taken a strategic stake in the new National Association [...] Full text...

thread Economy

AfDB approves US$20 million trade finance line of credit for UT Bank Ghana

23 may 2013 - 16:24:27
Addis Ababa, Ethiopia (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a US$ 20 [...] Full text...

thread Economy

SMEs get 5 billion FCFA credit

07 february 2013 - 22:05:12
Douala, Cameroon (PANA) – The Cameroonian government has released 5 billion francs CFA to finance small and medium-size enterprises (SMEs) [...] Full text...

thread Economy

Nigeria, Indonesia sign agreement on development of SMEs

05 february 2013 - 09:35:26
Lagos, Nigeria (PANA) - The Nigerian government has signed an agreement with its Indonesian counterpart on technical cooperation for the [...] Full text...

thread Economy

IFC set to issue naira bond in Nigeria

24 january 2013 - 12:01:58
Lagos, Nigeria (PANA) - A member of the World Bank Group, the International Finance Corporation (IFC), is to issue a [...] Full text...

thread Economy

African Guarantee Fund launched to spur growth of SMEs

01 june 2012 - 11:48:24
Arusha, Tanzania (PANA) - The African Guarantee Fund (AGF) has been launched to absolve financiers of the risk of Small [...] Full text...

thread Economy

Angola expels 27 illegal immigrants from DR Congo

15 november 2011 - 14:07:03
Cabinda, Angola (PANA) - Angola's Migration and Foreigners Service (SME) has expelled 27 DR Congo citizens who were staying illegally in [...] Full text...

thread Society

Trade between Nigeria, Britain hit 960b naira

11 november 2011 - 11:33:49
Lagos, Nigeria (PANA) - Bilateral trade between Nigeria and Britain has hit 960 billion naira, according to the President of [...] Full text...

thread Economy

Jonathan backs calls for Africa infrastructure fund

27 october 2011 - 18:58:49
Lagos, Nigeria (PANA) - President Goodluck Jonathan Thursday in Perth, Western Australia, expressed Nigeria’s support to calls for the urgent [...] Full text...

thread Economy

Angola repatriates 200 illegal DRC migrants in 7 days

12 august 2011 - 15:58:36
Mbanza Kongo, Angola (PANA) - Two hundred DR Congo nationals have been repatriated in the last seven days by the [...] Full text...

thread Society

Nigerian business agency, film industry signs MOU

14 june 2011 - 11:12:03
Lagos, Nigeria (PANA) - The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has pledged its support for the [...] Full text...

thread Culture

Nigerian business agency, film industry sign MOU (Corrected)

14 june 2011 - 10:14:09
Lagos, Nigeria (PANA) - The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has pledged its support for the [...] Full text...

thread Culture

Ouattara forms cabinet

02 june 2011 - 13:05:39
Abidjan, Côte d’Ivoire (PANA) - Ivorian President Alassane Ouattara, has formed a 36-member cabinet. Here is the list of the cabinet [...] Full text...

thread Politics

AfDB approves 30b naira for Nigerian bank

01 june 2011 - 09:32:42
Lagos, Nigeria (PANA) - The African Development Bank (AfDB) group has approved a sovereign guaranteed loan of 30 billion naira [...] Full text...

thread Economy

Angola repatriates 100 illegal migrants to DRC

04 november 2010 - 15:32:00
Cabinda- Angola (PANA) -- Almost 100 citizens from the Democratic Republic of Con go (DRC), living illegally in northern Cabinda [...] Full text...

thread Society

Nigerian bank wins African banker magazine award

19 october 2010 - 23:29:00
Lagos- Nigeria (PANA) -- Access Bank Plc, one of Nigeria's leading financial inst itutions, has won the 2010 African Banker [...] Full text...

thread Economy

African tax experts meet on tax administration in Ghana

04 october 2010 - 18:28:00
Accra- Ghana (PANA) -- A five-day forum for African tax administrators began Mond ay in Ghanaâ?s capital, Accra, to upgrade [...] Full text...

thread Economy

Angolan authorities expel illegal foreigners

02 october 2010 - 15:08:00
Cabinda- Angola (PANA) -- At least 46 foreign citizens who were living illegally in the province of Cabinda in Angola [...] Full text...

thread Society

'IFC invested US$ 2.4 bln in Sub-Saharan Africa in 2010'

01 september 2010 - 15:23:00
Dakar- Senegal (PANA) -- Sub-Saharan Africa received investments to the tune of U S$ 2. 4 billion from the International [...] Full text...

thread Economy

Over 160 illegal immigrants deported from Cabinda

11 august 2010 - 21:16:00
Cabinda- Angola (PANA) -- Over 160 immigrants were expelled last weekend by the F oreigners and Migration Services (SME) for [...] Full text...

thread Society

Angola repatriates 9 Congolese over illegal stay

04 august 2010 - 20:51:00
Luena- Angola (PANA) -- No fewer than nine citizens of the Democratic Republic of Congo (DRC) were repatriated to their [...] Full text...

thread Society

Angola launches online visa issuance

20 july 2010 - 18:22:00
Luanda- Angola (PANA) -- Angola's Migration and Foreigners Services (SME) have digitalized operations which will enable it issue visas online, [...] Full text...

thread Politics

More Portuguese nationals apply to live in Angola

16 july 2010 - 19:25:00
Lubango- Angola (PANA) -- The number of Portuguese citizens wishing to reside in the southern Angolan Huila province has increased [...] Full text...

thread Society

Angolan police, immigration officers undergo training on crime in Italy

09 july 2010 - 19:08:00
Luanda- Angola (PANA) -- At least 18 members of the Angolan National Police (PN)and Immigration Services (SME) will attend a [...] Full text...

thread Society

13 foreigners repatriated from Angolan province

09 june 2010 - 18:50:00
Luena- Angola (PANAp) -- No fewer than 13 foreigners were repatriated to their countries of origin in May by the [...] Full text...

thread Society

IFC invests in Central African small enterprises

11 may 2010 - 10:39:00
Dar es Salaam- Tanzania (PANA) -- The International Finance Corporation (IFC), a member of the World Bank Group, on Tuesday [...] Full text...

thread Economy

IFC, Bank of Alexandria partner to strengthen SMEs in Egypt

13 april 2010 - 10:29:00
Dar es Salaam- Tanzania (PANA) -- The International Finance Corporation (IFC), a member of the World Bank Group, Tuesday announced [...] Full text...

thread Economy

Kenya Airways named Africaâ?s business Airline of the Year

19 february 2010 - 14:06:00
Nairobi- Kenya (PANA) -- Kenya Airways has been declared the African Business Air line of the Year, the airline announced [...] Full text...

thread Economy

Angola police detain 58 illegal immigrants

07 february 2010 - 17:36:00
Luanda- Angola (PANA)- â" Angolan police have arrested 58 illegal immigrants fro m several African countries in northern Bengo province [...] Full text...

thread Society

Angola repatriated 28,000 illegal migrants last year

26 january 2010 - 18:31:00
Dundo- Angola (PANA) -- The Migration and Foreign Services (SME) department of An gola's Lunda Norte province repatriated, from January [...] Full text...

thread Society

Over 200 foreigners expelled from Angola in two weeks

26 january 2010 - 08:15:00
Luanda- Angola (PANA) -- A total of 244 illegal aliens in Angola were expelled fr om 7-14 January this year [...] Full text...

thread Society

174 illegal aliens repatriated home from Angola's Moxico province

13 january 2010 - 17:50:00
Luena- Angola (PANA) -- The Angolan Migration and Foreigners Services (SME) repat riated 174 illegal aliens in the eastern Moxico [...] Full text...

thread Society

IFC to set up private fund to finance health in Africa

26 august 2009 - 20:55:00
Dakar- Senegal (PANA) -- The International Finance Corporation (IFC), the private lending arm of the of the World Bank Group, [...] Full text...

thread Economy

Namibian copper miner disposing assets

12 august 2009 - 13:51:00
Windhoek- Namibia (PANA) -- London-listed Namibian copper miner, Weatherly Intern ational Plc, is converting one of its mines, Tschudi copper [...] Full text...

thread Economy

Ghana launches 22 million-Euro credit to support SMEs

26 may 2009 - 20:20:00
Accra- Ghana (PANA) – Ghana on Tuesday launched a 22--million Euro credit line to support the growth of Small and [...] Full text...

thread Economy

Algerian employers decide who to support for presidency

28 january 2009 - 15:56:00
Algiers- Algeria (PANA) -- The Forum of the Heads of Firms/Companies (FCE), a pow erful Algerian employers' association, will Thursday [...] Full text...

thread Politics

Brazil ready to boost SME cooperation with Congo

15 january 2009 - 11:52:00
Brazzaville- Congo (PANA) -- Brazil's Ambassador to Congo, Affonso Jose Santos, has said his country is ready to boost cooperation [...] Full text...

thread Economy