Banjul, Gambia (PANA) - The Government of The Gambia, through the Ministry of Finance and Economic Affairs, has secured substantial budget support from esteemed international partners Full text...
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Gambian economy continues its strong recovery-Governor Saidy
Banjul, Gambia (PANA) - Buah Saidy, Governor of the Central Bank of The Gambia, has stated that the Gambian economy continues its strong recovery path, aided by robust consumer demand, recovery in tourism, and buoyant public and private sector investments Full text...
Gambia receives $60M to boost sustainable growth and climate resilience
Banjul, to helpGambia (PANA)- The World Bank board has approved $60 million in financing from the International Development Association (IDA) to support the Government of The Gambia's efforts to unlock its productive potential Full text...
IMF, Gambia government launch April 2023 regional economic outlook
Banjul, Gambia (PANA) - The International Monetary Fund (IMF), in collaboration with the Ministry of Finance and Economic Affairs and the Central Bank of The Gambia, has launched the joint in-country April 2023 Regional Economic Outlook (REO) for Sub-Saharan Africa Full text...
Gambia's economy shows resilience amid global challenges
Banjul, Gambia (PANA) -The Gambia's economy has displayed remarkable resilience in the face of global economic challenges, according to the Third Gambia Economic Update Full text...
Gambia reaches IMF final assessment
Banjul, Gambia (PANA) - Mr Full text...
President Barrow says Gambian economy, growth rebounded to 4.5 per cent in 2021-
Banjul, Gambia (PANA) - Gambian President Adama Barrow has stated that despite the significant impact of the COVID-19 pandemic on the Gambian economy, growth rebounded to 4 Full text...
Burundi central bank alerts public on fraudulent investment, money marketing activities
Bujumbura, Burundi (PANA) - The Central Bank of Burundi on Wednesday alerted the public to the existence of new investment activities and marketing of cash or electronic money "in fraudulent pyramid schemes", holding out the prospect of high short-term returns to members Full text...
Kuwaiti funds drinking water distribution project in Tunisia
Tunis, Tunisia (PANA) - Tunisia and the Kuwait Fund for Arab Economic Development on Tuesday signed a financing agreement worth about 30 million Kuwaiti dinars, or 263 million Tunisian dinars, for improvement of drinking water networks in the country's urban areas Full text...
Group of banks raises 300 billion FCFA to prop up Congolese companies
Brazzaville, Congo (PANA) - A group of banks has put in place 300 billion FCFA to support Congolese companies, the CEO of BGFI, Henri Claude Oyima, announced on Monday a meeting with President Denis Sassou-Nguesso Full text...
South African law firm extends its reach in Africa
Cape Town, South Africa (PANA) – Less than a year after it announced it was opening a new office in Mauritius and entering into an alliance with Assefa & Associates Law Office in Ethiopia, a South African company on Monday announced that it is expanding into Malawi and Zambia Full text...
Congolese state budget resources slump by 50.22 percent
Brazzaville, Congo (PANA) - Congo state budget resources have fallen by a little more than half, or 50 Full text...
Botswana-based pan-African lender appoints new CEO
Gaborone, Botswana (PANA) -- Botswana headquartered micro financing company Letshego has appointed a new group chief executive officer Full text...
Congolese MPs approve French budget support
Brazzaville, Congo (PANA) - Congolese MPs on Wednesday aproved the draft law authorizing the ratification of the framework agreement signed between the government and the French Development Agency (AFD), intended for France to provide its share of financing to help Congo restore its budget balance Full text...
Bank of India in Botswana surrenders license to transact banking business
Gaborone, Botswana (PANA) - The Bank of Botswana announced here Saturday that, pursuant to Section 11(4) of the Banking Act (Cap Full text...
Botswana could host African Guarantee Fund’s regional hub
Gaborone, Botswana (PANA) - Following a Board Meeting held in Gaborone on Thursday, 21 Nov Full text...
Africa Finance Corporation Issues 4th Eurobond of USD 500 Million
Abidjan, Côte d'Ivoire (PANA) - The Africa Finance Corporation (AFC), the multilateral institution for financing infrastructure development in Africa, has issued a fourth Euro-bond worth US$ 500 million, with a maturity of ten years, according to a communiqué sent Wednesday to PANA Full text...
Congo launches electronic payment platform
Brazzaville, Congo (PANA) - The Congolese Finance and Budget Minister, Calixte Nganongo, said Thursday in Brazzaville that the e-pay Congo platform has been launched to facilitate formalities and the payment of duties and taxes for taxpayers Full text...
Cote d'Ivoire: French Fintech FairMoney raises 10m Euros for expansion in emerging markets
Abidjan, Cote d'Ivoire (PANA) - FairMoney, a Paris-based French Fintech, announced here Monday a ten-million-euro fundraiser from Flourish Ventures, the US venture capital fund, partners of DST Global, and historical investors - Newfund, Speedinvest and The VC Studio, said official sources here Full text...
Côte d'Ivoire: Investment Company, Arise, joins Ecobank Group
Abidjan, Côte d'Ivoire (PANA) - The investment company, Arise B Full text...
Congo: Increase in net foreign assets from foreign exchange reserves at the Central Bank
Brazzaville, Congo (PANA) - Congo's net foreign assets increased by 140 Full text...
Rwandan stock market continues down
Rwanda's stock market finishes second consecutive week slighly lower
Kigali, Rwanda (PANA) - Rwanda main stock market fell Friday due to the relatively low selling of shares in the banking group Full text...
French Development Agency signs finance deal with Rwandan bank
Kigali, Rwanda (PANA) - French Development Agency (AFD), a public financial institution headquartered in Paris, on Thursday signed a cooperation agreement with Rwanda's Bank of Kigali to help boost innovation support to technology business incubators Full text...
Workshop on trade finance and digital financial services begins in Mauritania
Nouakchott, Mauritania (PANA) - A four-day workshop on trade finance and digital financial services to support inclusive growth in Mauritania began here Tuesday, an official source told PANA Full text...
Rwanda's stock market closes lower on Tuesday
Kigali, Rwanda (PANA) - Rwanda main stock market closed lower on Tuesday, after several days in stable gains
The stock exchange benchmark indexes RSI and ALSI were down 0 Full text...
Rwanda's stock market remains constant without bids
Kigali, Rwanda (PANA) - Rwandan equities counters closed almost flat on Wednesday due to a short selling of shares, according to the Capital Market report obtained by PANA in Kigali Full text...
Rwanda's stock market edges slightly down
Kigali, Rwanda (PANA) - Rwanda's benchmark stock indexes edged slightly down 0 Full text...
Rwanda's stock market ends slightly down on low volume
Kigali, Rwanda (PANA) - Rwanda's stock market edged down on Wednesday, led by banking, brewery, telecommunication and media groups Full text...
Rwanda's stock market remains inactive without bids
Kigali, Rwanda (PANA) - Rwandan equities counters closed almost flat on Friday due to a short selling of shares, according to the Capital Market report obtained by PANA in Kigali Full text...
Rwanda central bank cut key interest rate to 5 percent
Kigali, Rwanda (PANA) - The Monetary Policy Committee (MPC) of the Central Bank of Rwanda on Monday cut its benchmark interest rate from 5 Full text...
Rwanda's stock market remains unchanged after Tuesday trading
Kigali, Rwanda (PANA) - Rwanda's stock market remained unchanged on Tuesday with the benchmark stock market index RSI and ALSI constant to close at 124 Full text...
Rwanda's stock market ends session lower Friday
Kigali, Rwanda (PANA) - The Rwanda's stock market's benchmark index RSI and ALSI were Friday down 0 Full text...
Rwanda's stock market remains stable without bids
Kigali, Rwanda (PANA) - Rwanda's stock market on Thursday remained stable with large outstanding shares but without bids at the end of the formal trading hours Full text...
Rwanda's stock market up 0.24 percent
Kigali, Rwanda (PANA) - Rwandan share values rose by 0 Full text...
Rwanda's stock market closes lower Thursday
Kigali, Rwanda (PANA) - Rwanda's stock market closed lower on Thursday after several days of stability Full text...
Mali's finance minister leads delegation to Africa Development International Forum in Casablanca
Bamako, Mali (PANA) - A high-powered Malian delegation led by Economy and Finance Minister Boubou Cissé left here Thursday for Casablanca, Morocco, to attend the 6th edition of the International Forum on Africa Development on March 14-15, an official source told PANA Full text...
Ethiopia reforms to bolster private sector role in economy - Finance minister
Addis Ababa, Ethiopia, (PANA) – Ethiopia is implementing reforms to broaden the participation of the private sector in the country’s economy as well as increase competitiveness as it seeks to create decent jobs for its populace, Finance minister Ahmed Shide said Full text...