The Gambia: IMF Executive Board completes second review under the Extended Credit Facility

21 december 2024 - 09:44:25
Washington, DC, US (PANA) – The Executive Board of the International Monetary Fund (IMF) on Friday completed the second review [...] Full text...

thread Economy

IMF Board completes fourth review of Zambia’s ECF arrangement

17 december 2024 - 08:14:08
Lusaka, Zambia (PANA) – Zambia has secured immediate access to US$ 184 million after the International Monetary Fund (IMF) Executive [...] Full text...

thread Economy

South African President Ramaphosa hosts German President Steinmeier

16 december 2024 - 06:20:21
Cape Town, South Africa (PANA) – South African President Cyril Ramaphosa this weekend hosted German President Frank-Walter Steinmeier in Pretoria.The [...] Full text...

thread Politics

IMF concludes fourth review of Tanzania’s ECF arrangement, allows disbursement of $204.5 million

14 december 2024 - 09:59:34
Dar es Salaam, Tanzania (PANA) – The International Monetary Fund (IMF) has approved immediate disbursement of $204,5 million in two [...] Full text...

thread Economy

International Rescue Committee: ten percent of people in dire food assistance, globally, reside in Sudan

13 december 2024 - 14:24:29
Port Sudan, Sudan (PANA) - An international organization has released a shocking report, saying one in each ten people in [...] Full text...

thread Society

South Africa and Czech Republic strengthen ties

13 december 2024 - 08:39:36
Cape Town, South Africa (PANA) –  South Africa’s Trade, Industry and Competition Minister Parks Tau and the Deputy Prime Minister [...] Full text...

thread Economy

For poorest economies, next 25 years could prove decisive: World Bank

13 december 2024 - 07:26:40
Washington, DC, USA (PANA) - The next 25 years could prove decisive in determining whether the world’s 26 poorest countries [...] Full text...

thread Economy

Without course correction, 20 of 26 countries would remain poor through 2050 – World Bank study

12 december 2024 - 07:10:54
EMBARGOED: UNTIL THURSDAY, 12 DECEMBER, 2024, AT 2:00 PM UTC.Washington, DC, USA (PANA) - The next 25 years could prove [...] Full text...

thread Economy

South African President Ramaphosa hosts Angola's Lourenço

12 december 2024 - 06:53:58
Cape Town, South Africa (PANA) – South Africa's President Cyril Ramaphosa will on Thursday host President João Manuel Gonçalves Lourenço [...] Full text...

thread Politics

AfDB to fund women-led business enterprises growth in Nigeria

11 december 2024 - 13:45:07
Rabat, Morocco (PANA) - Women-led businesses in Nigeria will benefit from a US$50 million loan, provided by an African Development [...] Full text...

thread Economy

UN war crimes tribunals continue to address legacy cases, support national efforts

11 december 2024 - 04:58:00
New York, US (PANA) - The mechanism to complete the work of UN war crimes tribunals continues to make progress [...] Full text...

thread Society

Chad’s economic recovery picks steam - IMF

10 december 2024 - 08:02:32
N’Djamena, Chad (PANA) - Chad’s post-pandemic recovery picked up steam in 2023 with growth increasing to 4.9 percent, the Executive [...] Full text...

thread Economy

Reforms needed to stem slow-down in Kenya’s economic growth

10 december 2024 - 07:52:44
Nairobi, Kenya (PANA) - Kenya’s GDP is projected to grow at 4.7% in 2024, slower when compared to 5.6% in [...] Full text...

thread Economy

Global trade to hit record $33 trillion in 2024, but uncertainties over tariffs loom

05 december 2024 - 19:36:35
Geneva, Switzerland (PANA) - Global trade is poised to hit a record $33 trillion in 2024, showcasing remarkable resilience despite [...] Full text...

thread Economy

Private sector urged to act as world faces $23 trillion loss from land degradation

05 december 2024 - 17:21:41
Riyadh, Saudi Arabia (PANA) -The private sector has been urged to make the sustainable management of land a key part [...] Full text...

thread Environment

African countries count on mineral boom to bolster large scale investment

05 december 2024 - 13:36:34
Rabat, Morocco (PANA) - African countries are relying on the mineral potential in the continent to attract large-scale investment into [...] Full text...

thread Economy

South Africa, Angola to hold high-level trade talks

05 december 2024 - 08:49:31
Cape Town, South Africa (PANA) – Opportunities to enhance trade and investment relations between South Africa and Angola will be [...] Full text...

thread Economy

Ghana votes in 9th elections as it consolidates multi-party democracy

03 december 2024 - 13:39:05
Accra, Ghana (PANA) - Ghanaian voters go to the polls on Saturday, 7 December to elect a president and 276 [...] Full text...

thread Politics

Saudi Arabia, WBG establish Global Knowledge Hub in Riyadh

03 december 2024 - 11:19:27
Riyadh, Saudi Arabia (PANA) - The Kingdom of Saudi Arabia and the World Bank Group (WBG) signed an agreement on [...] Full text...

thread Society

Unlocking the development potential of economic corridors: Lobito Corridor and its impact on local communities: World Bank Blog By Juan Carlos, Alvarez Mila Malavoloneque and Sunita Varada

02 december 2024 - 08:54:23
Luanda, Angola (PANA) - A multi-sectoral team from the World Bank was on tracks of the Benguela railway and visited [...] Full text...

thread Agriculture

Security, essential service workers vote ahead of Ghana's 2024 presidential, parliamentary elections

02 december 2024 - 07:02:26
Accra, Ghana (PANA) - Members of the security services, health personnel, journalists, elections officials and workers of essential services who [...] Full text...

thread Politics

World Bank approves US$250 million program to strengthen Morocco's municipal solid waste management

28 november 2024 - 08:08:49
Washington, DC, United States (PANA) - The World Bank's Board of Directors has approved the US$250 million Morocco Municipal Solid [...] Full text...

thread Environment

New UN relief chief, Tom Fletcher, takes office

18 november 2024 - 20:36:02
New York, US (PANA) - Tom Fletcher, UN’s new chief of humanitarian affairs, took office on Monday, pledging to defend [...] Full text...

thread Politics

COP29: ‘Cut the theatrics’: UN climate chief tells negotiators to focus on solutions as talks enter final week

18 november 2024 - 14:03:49
Baku, Azerbaijan (PANA) - As COP29 climate talks in Baku enter their final week, the UN climate chief told negotiators [...] Full text...

thread Environment

COP29: Will conference deliver the trillions needed to tackle the man-made climate crisis?

17 november 2024 - 04:52:20
Baku, Azerbaijan (PANA) - The latest round of UN climate negotiations, COP29, opened this past Monday in Baku, Azerbaijan, following [...] Full text...

thread Environment

IMF Country Focus: Growth in sub-Saharan Africa is diverging By Saad Quayyum, Nikola Spatafora, Sanghamitra Mukherjee, and Hamza Mighri

15 november 2024 - 07:49:18
Dar es Salaam, Tanzania (PANA) - Stagnating incomes in the region's resource-intensive economies necessitate more effective fiscal management and broad-based [...] Full text...

thread Economy

COP29: ‘Now is the time to fast-track, not backtrack’ on the path to net-zero

14 november 2024 - 16:50:50
Baku, Azerbaijan (PANA) - Meeting on Thursday with non-governmental entities in Baku for the COP29 climate talks, UN Secretary-General António [...] Full text...

thread Environment

South Africa: South Africa-Egypt Political Consultations underway in Cairo

14 november 2024 - 14:30:00
Cape Town, South Africa (PANA) – Justice Minister Ronald Lamola and a high-level government delegation is in Cairo to co-chair the [...] Full text...

thread Politics

IMF reaches staff-level deal with DRC on ECF, RSF for US$ 1.77 billion

14 november 2024 - 08:35:29
Kinshasa, DR Congo (PANA) – Authorities in the Democratic Republic of Congo (DRC) and a mission of the International Monetary [...] Full text...

thread Economy

Sudan: French-manufactured weapons system identified in conflict

14 november 2024 - 07:23:13
Paris, France (PANA) - French-manufactured military technology incorporated into armoured personnel carriers made by the United Arab Emirates is being [...] Full text...

thread Society

South African delegation participates in COP29

13 november 2024 - 08:59:31
Cape Town, South Africa (PANA) – A high-level South African delegation is attending COP29 which is underway in Baku, Azerbaijan [...] Full text...

thread Environment

COP29: ‘Pay up or humanity will pay the price’, Guterres warns climate summit

12 november 2024 - 12:48:27
Baku, Azerbaijan (PANA) UN Secretary-General António Guterres said on Tuesday that leaders gathered in Baku for the COP29 Climate Action [...] Full text...

thread Environment

IMF, Zambia strike deal on 4th review of Extended Credit Facility

12 november 2024 - 11:49:13
Lusaka, Zambia (PANA) - The lingering effects of drought have hit Zambia's economic landscape harder than anticipated, with reduced agricultural [...] Full text...

thread Economy

The clock is ticking on sub-Saharan Africa's urgent job creation challenge: IMF Blog By Athene Laws, Faten Saliba, Can Sever, and Luc Tucker

12 november 2024 - 08:41:34
Gaborone, Botswana (PANA) - To employ a growing population, the region needs to transform informal jobs, reduce barriers to business [...] Full text...

thread Society

African cities strive to make roads less perilous for pedestrians and cyclists: UNEP Feature Article

12 november 2024 - 07:10:38
Kampala, Uganda (PANA) -  For Patience Ataliba, who lives in the Ugandan capital of Kampala, commuting was once a harrowing [...] Full text...

thread Environment

South Sudan: Postponing long-awaited elections ‘a regrettable development’

08 november 2024 - 06:16:42
New York, UN (PANA) - The decision to extend the transition period in South Sudan once again and postpone long-awaited [...] Full text...

thread Politics

Deadly weather events show cost of climate inaction

08 november 2024 - 06:04:47
Baku, Azerbailan (PANA) - Record-breaking floods in Spain, violent storms in Florida and wildfires in South America – these are [...] Full text...

thread Environment

From the margins to the centre: Africa's role in shaping AI governance: World Bank Blog By Aubra Anthony, Jane Munga and Sharmista Appaya

06 november 2024 - 10:19:27
Addis Ababa, Ethiopia (PANA) - The coming years offer Africa an immense opportunity to evolve from an AI consumer to [...] Full text...

thread Society

Climate resilience in Guinea-Bissau hinges on stability, governance and business climate

05 november 2024 - 07:32:25
Bissau, Guinea-Bissau (PANA) - Strengthened institutional and financial systems are crucial for fostering climate resilience and sustainable development in Guinea-Bissau, [...] Full text...

thread Economy

Senior US diplomat participates in Dakar Biennale

04 november 2024 - 04:58:21
Washington, DC, US (PANA) - Assistant Secretary of State for African Affairs Molly Phee in in Dakar, Senegal, to participate [...] Full text...

thread Culture

Some 1.2 billion people at high risk from climate change worldwide - World Bank

01 november 2024 - 07:22:57
Washington, DC, US (PANA) - Some 1.2 billion people face life-changing risks through exposure to at least one critical climate [...] Full text...

thread Environment

UN official urges more ambitious, credible climate action plans

29 october 2024 - 12:45:02
Geneva, Switzerland (PANA) - Proposed actions by countries to mitigate the worsening impacts of climate change “fall miles short of [...] Full text...

thread Environment

The role of language in gender equality: How linguistic structures shape legal norms and reinforce gender biases: World Bank Blog By Pierrick Bruyas and Caroline Perrin

26 october 2024 - 10:44:56
Washington, DC, United States (PANA) - Globally, women’s rights have expanded significantly over the past decades. By 2023, 162 economies [...] Full text...

thread Culture

AfDB urges practical solutions to tackle poverty in Africa

25 october 2024 - 09:28:05
Washington, DC., US, (PANA) -    Climate change, global financial shocks and growing food insecurity are threatening Africa, the world’s [...] Full text...

thread Economy

World's largest bank by balance sheet CEO JP Morgan sets base in Kenya

25 october 2024 - 09:14:35
Nairobi, Kenya (PANA) - JP Morgan, the world’s biggest bank by balance sheet, has received the approval of the Central [...] Full text...

thread Economy

Spain announces early commitment of €400 million to IDA, nearly 40% increase in pledge

24 october 2024 - 17:55:28
Washington, DC, United States (PANA) - Spain has announced an early financial commitment of €400 million to the International Development [...] Full text...

thread Economy

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

World Bank Group announces strategic pivot in agribusiness, doubles financial commitment

24 october 2024 - 06:57:43
Washington, DC, United States (PANA) - The World Bank Group on Wednesday announced a strategic pivot in its approach to [...] Full text...

thread Economy

South African delegation departs for Commonwealth meeting in Samoa

21 october 2024 - 10:46:08
Cape Town, South Africa (PANA) – The Deputy Minister of International Relations and Cooperation, Thandi Moraka, is leading a South [...] Full text...

thread Politics

AfDB approves $100 million to support youth and women-led MSMEs in Nigeria

20 october 2024 - 06:27:25
Abidjan, 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 - 18:43:08
By Deodat MaharajManaging Director, United Nations Technology Bank for Least Developed Countries  New York, US (PANA) - Last month, world leaders [...] Full text...

thread Economy

IMF, reach staff level deal on review of ECF and RSF before approval of more financial support

18 october 2024 - 07:53:28
Dar es Salaam, Tanzania (PANA) - Tanzanian authorities and the International Monetary Fund (IMF) have reached staff-level agreement on the [...] 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 - 14:25:35
Washington DC, United States (PANA) - The global economy is stuck in a low-growth gear, largely because of aging populations, [...] Full text...

thread Economy

Rearing cattle produces more greenhouse gases than driving cars, UN report warns

16 october 2024 - 21:28:57
Geneva, Switzerland (PANA) - Cattle-rearing generates more global warming greenhouse gases, as measured in CO2 equivalent, than transportation, and smarter [...] Full text...

thread Environment

IMF staff completes 2024 Article IV Consultation Mission to Chad

16 october 2024 - 10:56:27
N’Djamena, Chad (PANA) - Chad’s economic growth, after increasing to 4.9 percent in 2023, is expected to moderate this year, [...] Full text...

thread Economy

Ending poverty for half the world could take more than a century: WB Report

15 october 2024 - 13:06:58
EMBARGOED: NOT FOR PUBLICATION, BROADCAST, OR TRANSMISSION UNTIL TUESDAY, OCT. 15, 2024 AT 9:30 AM EDT WHICH IS 1:30 PM [...] Full text...

thread Society

Benin to contribute $2 million to the African Development Fund

13 october 2024 - 05:22:58
Cotonou, Benin (PANA) - Benin has pledged $2 million to the next replenishment of the African Development Fund (ADF), the [...] Full text...

thread Economy

IMF staff, Gambia review country’s programme under ECF arrangement

12 october 2024 - 12:02:05
Banjul, Gambia (PANA) – The International Monetary Fund (IMF) staff and the Gambian authorities have conducted productive discussions on economic [...] Full text...

thread Economy

World Bank Group unveils strategy to drive inclusive growth, resilience in Zimbabwe

09 october 2024 - 07:04:12
Harare, Zimbabwe (PANA) -The World Bank Group’s Board of Executive Directors has approved the new Country Engagement Note (CEN) for [...] Full text...

thread Economy

Kenya Parliament debates motion to impeach Deputy President

08 october 2024 - 14:51:57
Nairobi, Kenya (PANA) - Kenyan Members of Parliament began debating the special motion to remove Deputy President Rigathi Gachagua from [...] Full text...

thread Politics

In plain view: Solutions to turbocharge the agrifood system transition: World Bank Blog By Sergiy Zorya, Joshua Gill, Alexandra Horst and Francis Addeah Darko

07 october 2024 - 07:17:30
Dar es Salaam, Tanzania (PANA) - Momentum is growing for real food systems change at a scale never seen before. [...] Full text...

thread Agriculture

World Bank Country Gender Action Plan to help address gender inequalities in Sierra Leone

04 october 2024 - 07:10:44
Freetown, Sierra Leone (PANA) - The World Bank on Thursday launched the Sierra Leone Country Gender Action Plan (C-GAP), a [...] Full text...

thread Gender

Implementation gaps hinder business climate in 50 economies: WBG report

03 october 2024 - 15:32:24
Washington, DC, United States (PANA) - Economies do better at enacting regulations to improve the national business climate than they [...] Full text...

thread Economy

IMF, Seychellois authorities reach Staff-Level Agreement on Third Reviews

01 october 2024 - 14:24:08
Washington, DC, US (PANA) - An International Monetary Fund (IMF) mission, led by Mr. Todd Schneider, conducted discussions with the [...] Full text...

thread Economy

Water is cultivating hope and transforming lives of Rwanda's farmers: World Bank Blog By Hayalsew Yilma

01 october 2024 - 07:50:03
Kigali, Rwanda (PANA) - I will never forget my first encounter with Damien and Vestine, a warm and welcoming couple [...] Full text...

thread Society

Cash transfers transforming lives in Burundi: World Bank Blog By Iftikhar Malik, Mona Niebuhr and Jacqueline Manisabwe

26 september 2024 - 08:40:08
Bujumbura, Burundi (PANA) - The Cash4Jobs Project, known as Merankabandi ("be like others" in the local language), is more than [...] Full text...

thread Society

Morocco: Strengthening climate resilience to safeguard and grow coastal tourism jobs: World Bank Blog By Kanako Hasegawa and Ulrike Lehr

25 september 2024 - 08:28:46
Casablanca, Morocco (PANA) - The blue economy holds significant potential to create jobs. Across Africa, the blue economy already generates [...] Full text...

thread Environment

Sierra Leone, IMF reach staff-level deal on new ECF arrangement

21 september 2024 - 09:27:33
Freetown, Sierra Leone (PANA) - The International Monetary Fund (IMF) staff and the Sierra Leonean authorities have reached a staff-level [...] Full text...

thread Economy

Lufthansa launches new flight to South Africa

16 september 2024 - 11:08:31
Cape Town, South Africa (PANA) –  Lufthansa has launched flights between Johannesburg and Munich after a 19-year hiatus.Lufthansa’s CEO, Jens Ritter, [...] 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 - 10:09:07
Washington, DC, United States (PANA) - In the European Union, income per person, one of the main gauges of living [...] Full text...

thread Economy

IMF Executive Board finds Botswana’s financial sector sound, stable, and resilient

11 september 2024 - 10:34:26
Gaborone, Botswana (PANA) – Due to a diamond market contraction,   Botswana’s economic growth is expected to slow to 1 percent [...] Full text...

thread Economy

US State Department, Nigeria host “Global Inclusivity and AI: Africa” conference in Lagos

10 september 2024 - 05:48:23
Washigton, DC, US (PANA) - The U.S. Department of State and Nigerian Federal Ministry of Communications, Innovation and Digital Economy [...] Full text...

thread Society

US Special Envoy for Sudan travels to Saudi Arabia, Egypt, Türkiye in efforts to end Sudan war

09 september 2024 - 05:40:11
Washington, DC, US (PANA) - U.S. Special Envoy for Sudan Tom Perriello is travelling to Riyadh, Cairo, and Ankara to [...] Full text...

thread Politics

Sudanese Government rejects UN fact-finding mission's recommendations

08 september 2024 - 18:32:59
Port Sudan, Sudan (PANA) - Sudan on Sunday rejected a report by a UN Fact-Finding Commission, saying it was politically [...] Full text...

thread

Product market reforms, improved business environment essential vital for South Africa’s trade: IMF

05 september 2024 - 12:36:43
Pretoria, South Africa (PANA) - While South Africa needs product-market reforms and improving business environment by removing obstacles to trade, [...] Full text...

thread Economy

CAF President, University of Cape Town Leadership launch CAF Football Management Executive Programme

03 september 2024 - 05:52:42
Cape Town, South Africa (PANA) - The Confederation of African Football (CAF) President, Dr Patrice Motsepe, together with the University [...] Full text...

thread Sports

South African President undertakes state visit to China

02 september 2024 - 11:53:15
Cape Town, South Africa (PANA) –  South African President Cyril Ramaphosa arrived in China on Monday with a high-level delegation for [...] Full text...

thread Politics

South African Minister hails export of avocados to Japan

28 august 2024 - 08:23:45
Cape Town, South Africa (PANA) – International Relations and Cooperation Minister, Ronald Lamola, is attending the Tokyo International Conference on [...] Full text...

thread Agriculture

Kenya Airways returns to profitability after a decade

20 august 2024 - 15:09:55
Nairobi, Kenya (PANA) - Kenya Airways has returned to the profit-making territory for the first time in 10 years, marking [...] Full text...

thread Economy

US Department of Agriculture announces trade mission to Morocco

15 august 2024 - 07:33:49
Washington, DC, United States (PANA) - U.S. Department of Agriculture Under Secretary for Trade and Foreign Agricultural Affairs Alexis M. [...] Full text...

thread Agriculture

World Bank Group launches high level council to tackle looming jobs crisis

13 august 2024 - 08:13:37
Washington, DC, United States (PANA) - The World Bank Group has announced the launch of the High-Level Advisory Council on [...] Full text...

thread Society

AfDB mobilises over 92m euros to support entrepreneurship, job creation in Tunisia

13 august 2024 - 06:03:16
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a financing package [...] Full text...

thread Economy

Scaling behavioural interventions in cash transfer programme: Success story from Ghana: World Bank Blog By Christabel E. Dadzie and Mukta Joshi

07 august 2024 - 08:26:10
Accra, Ghana (PANA) - Cash transfer programmes have significantly reduced poverty over the years. The World Bank's Social Protection and [...] Full text...

thread Society

ADF grants Comoros $135 million to develop ports, facilitate regional trade

06 august 2024 - 07:10:40
Abidjan, Cote d'Ivoire (PANA) - African Development Bank (AfDB) Group supports the Union of the Comoros in extending and modernizing [...] Full text...

thread Economy

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

One Health Approach: Unleashing Sudan's potential for better human, animal, and environmental health outcomes: World Bank Blog By Dora N. Cudjoe and Nada Khalil Hashim Amin

02 august 2024 - 07:27:42
Khartoum, Sudan (PANA) - The adoption of a One Health approach in Sudan has the potential to create more resilient [...] Full text...

thread Environment

World Bank announces Sangbu Kim as Vice President for Digital Transformation

31 july 2024 - 08:28:52
Washington, DC, United States (PANA) - World Bank Group President Ajay Banga has announced the appointment of Sangbu Kim as [...] Full text...

thread Economy

World Bank Group announces Radi Anguelova as Vice President for Human Resources

31 july 2024 - 07:51:54
Washington, DC, United States (PANA) - World Bank Group President Ajay Banga has announced the appointment of Radoslava “Radi” Anguelova [...] Full text...

thread Economy

Independent rights experts urge States to comply with ICJ ruling on Israel

31 july 2024 - 05:27:59
Geneva, Switzerland (PANA) - UN Member States must immediately comply with the recent “landmark ruling” by the International Court of [...] Full text...

thread Politics

IMF Executive Board approves four-year US$3.4 billion Extended Credit Facility arrangement for Ethiopia

30 july 2024 - 11:47:18
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a four-year arrangement under [...] Full text...

thread Economy

IMF Board allows Egypt to draw US$820 million under Extended Fund Facility

30 july 2024 - 07:46:40
Cairo, Egypt (PANA) - The International Monetary Fund (IMF) on Monday completed the third review of the extended arrangement under [...] Full text...

thread Economy

UN development Summit looks into global financial reforms

26 july 2024 - 18:03:28
Addis Ababa, Ethiopi  (PANA)  - Dozens of finance and foreign ministers met here to discuss radical action to reform the [...] Full text...

thread Economy

South Africa attends high-level trade forum in the US

24 july 2024 - 11:21:41
Cape Town, South Africa (PANA) – A high-level South African delegation is attending the 21st African Growth and Opportunity Act [...] Full text...

thread Economy

New partnership framework for Cameroon focuses on more jobs, effective service delivery for all

24 july 2024 - 08:04:33
Yaoundé, Cameroon (PANA) – The World Bank Group (WBG) announced a new Country Partnership Framework (CPF) for Cameroon, which will [...] Full text...

thread Economy

UN Commission of Inquiry accepts ICJ opinion

23 july 2024 - 06:57:47
New York, US (PANA) - The UN Independent International Commission of Inquiry on the Occupied Palestinian Territory on Monday welcomed [...] Full text...

thread Politics

Morocco's economy proves resilient but private sector faces challenges

19 july 2024 - 07:41:58
Rabat, Morocco (PANA) - Despite various obstacles, including a slowdown in the global economy, an inflation shock, and the Al [...] Full text...

thread Economy

AfDB's sovereign portfolio retains top spot in 2024 Aid Transparency Index

17 july 2024 - 06:32:34
Abidjan, Cote d'Ivoire (PANA) - The global campaign for aid and development transparency has again named the African Development Bank’s [...] Full text...

thread Economy

Gambia lawmakers reject repeal of the Women’s Amendment Act 2015

15 july 2024 - 19:17:55
 Banjul, Gambia (PANA) - Lawmakers in the Gambia have rejected the repeal of the Women’s (Amendment) Act 2015, which prohibits the [...] Full text...

thread Health

Outcry in Libya after arrest of journalist in Tripoli

14 july 2024 - 15:25:38
Tripoli, Libya (PANA)- Libyan journalist Ahmed al-Senoussi has been detained for the fourth consecutive day since his arrest last Thursday [...] Full text...

thread Politics

Diamond market contraction slows down Botswana’s growth

13 july 2024 - 11:17:19
Gaborone, Botswana (PANA) - Botswana’s economic growth is expected to slow to 1 percent in 2024, primarily because of a [...] Full text...

thread Economy

World Bank Group launches framework for inclusive, private sector-led, resilient growth in Tanzania

12 july 2024 - 10:58:44
Dar es Salaam, Tanzania (PANA) - The World Bank Group’s (WBG) Board of Executive Directors has endorsed the new Country [...] Full text...

thread Economy

Red Sea shipping crisis elevates trading costs with extra burden on consumers

12 july 2024 - 07:20:25
Dar es Salaam, Tanzania (PANA) - Due to recently increased attacks by Houthi militants, the Red Sea shipping route remains [...] Full text...

thread Economy

Digital boom could well be a bust for the environment, warns UN trade agency

11 july 2024 - 06:27:18
New York, US (PANA) - Did you know that producing a computer weighing two kilogrammes (kg) requires a staggering 800kg [...] 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

Seeking new pathways to green growth in Malawi: World Bank By Qursum Qasim and Efrem Chilima

10 july 2024 - 11:36:35
Lilongwe, Malawi (PANA) - With the recent declaration of a drought in 23 of its 28 districts, Malawi once again [...] Full text...

thread Economy

IMF completes Gambia’s first review under Extended Credit Facility

10 july 2024 - 07:53:35
Banjul, Gambia (PANA) - Gambia’s economic activity continues to recover robustly and its growth was estimated at 5.3 percent in [...] Full text...

thread Economy

Nigerian Economist named AfDB's Director of Statistics Department

05 july 2024 - 16:22:41
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has appointed Dr. Babatunde Samson Omotosho, an economist and statistician, [...] Full text...

thread Economy

Suspected Chinese human traffickers appear in court in South Africa

05 july 2024 - 11:01:59
Cape Town, South Africa (PANA) – The trial of seven Chinese nationals charged with human trafficking and child labour offences [...] 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 - 06:22:17
Hawassa, Ethiopia (PANA) - On a recent Thursday afternoon, Jalene’s small coffee shop and roastery in Hawassa, Ethiopia, was enveloped [...] Full text...

thread Gender

Green Zambia: Financing a liveable future: World Bank Blog By Qursum Qasim

03 july 2024 - 12:12:54
Lusaka, Zambia (PANA) - Green is the new buzzword, but what does greening industry and the financial sector mean in [...] Full text...

thread Economy

Surge in kidnapping for ransom cases reported in South Africa

03 july 2024 - 09:17:22
Cape Town, South Africa (PANA) – At least 20 Portuguese butchery owners and staff have been kidnapped in South Africa’s [...] Full text...

thread Society

Anti-Govt protests continue in Kenya amid more violence

02 july 2024 - 18:02:18
Nairobi, Kenya (PANA) - Protests against the government of President William Ruto continued in Nairobi on Tuesday for the third [...] Full text...

thread Politics

World Bank Group guarantee platform goes live

02 july 2024 - 07:18:40
Washington DC, United States (PANA) - Starting 1 July, the World Bank Group (WBG) guarantee platform opened for business, it [...] Full text...

thread Economy

Empowering small emerging commercial farmers: Mozambique success story – World Bank Blog By Blessings Botha

01 july 2024 - 08:58:56
Maputo, Mozambique (PANA) - Having seen so many smallholder farmers trapped in low agricultural productivity in Mozambique, I had always [...] Full text...

thread Agriculture

IMF staff completes 2024 Article IV mission to Zimbabwe

28 june 2024 - 11:03:39
Harare, Zimbabwe (PANA) - Despite headwinds, Zimbabwe’s economy continues showing resilience but growth is expected to decelerate to about 2 [...] Full text...

thread Economy

Tanzanian NGO honoured for promoting women empowerment through business digitization digital

27 june 2024 - 15:00:22
Brussels, 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 - 14:50:13
Nairobi, 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 - 18:26:55
Mogadishu, 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 - 16:26:04
Nairobi, Kenya (PANA) -  Businesses resumed on Wednesday in tense Nairobi after Tuesday's bloody violence in which protesters raided Parliament [...] Full text...

thread Politics

Ford South Africa celebrates assembly of one million Rangers

26 june 2024 - 10:17:20
Pretoria, South Africa (PANA) - Ford South Africa has celebrated the assembly of the one-millionth Ranger at its Silverton plant [...] Full text...

thread Economy

Strong consumption, investment demand among factors boosting Côte d’Ivoire’s outlook

26 june 2024 - 08:40:56
Abidjan, Côte d’Ivoire (PANA) - Côte d’Ivoire’s economy remains resilient against a still difficult global backdrop. Despite lower than expected [...] Full text...

thread Economy

Update: Kenya Gen Z protesters storm Parliament after tax hike bill passed

25 june 2024 - 16:34:11
Nairobi, Kenya (PANA) - Protesters, mainly the youth, on Tuesday stormed Parliament and set a section of the House on [...] Full text...

thread Politics

WEF identifies top 10 emerging technologies to address global challenges

25 june 2024 - 08:05:50
Dalian, China (PANA) - The World Economic Forum on Tuesday published its annual Top 10 Emerging Technologies Report featuring technologies [...] Full text...

thread Sciences

UN chief launches Global Principles for Information Integrity

25 june 2024 - 05:13:52
New York, US (PANA) - The United Nations launched new Global Principles for Information Integrity on Monday, emphasising the need [...] Full text...

thread Society

World Bank offers US$700 million to help Egypt achieve sustainable, diversified and resilient growth

24 june 2024 - 08:13:39
Washington, DC, United States (PANA) - The World Bank has announced US$700 million in Development Policy Financing (DPF) for the [...] Full text...

thread Economy

'Africa offers attractive investment opportunities for Japanese firms'

23 june 2024 - 06:33:45
Tokyo, Japan (PANA) - Dr. Kevin Kariuki, African Development Bank's (AfDB's) Vice President for Power, Energy, Climate and Green Growth, [...] Full text...

thread Economy

Import of alcoholic beverages up in Ghana

21 june 2024 - 12:10:51
Accra, Ghana (PANA) - Alcoholic beverages imported into Ghana increased from $56 million in 2019 to $87 million in 2023.Due [...] Full text...

thread Society

IMF Board approves US$ 149.4 million budget support for Tanzania

21 june 2024 - 10:17:27
Dar es Salaam, Tanzania (PANA) – The International Monetary Fund (IMF) has completed the third review of the Extended Credit [...] Full text...

thread Economy

EC appoints new Commander for EU military operation in the Mediterranean

20 june 2024 - 17:53:14
Brussels, Belgium (PANA) – The European Council on Thursday announced the appointment of Rear Admiral Valentino Rinaldi as EU Operation [...] Full text...

thread Society

Somalia expects 3.1 percent GDP growth, rebounding from drought and commodity price shocks

20 june 2024 - 17:41:57
Mogadishu, Somalia (PANA) - Somalia’s economy is expected to grow at 3.1 per cent in 2023 up from 2.4 per [...] Full text...

thread Economy

Putting Africa on the path to prosperity: World Bank Blog By Ajay Banga and Mohamed Ould Ghazouani

20 june 2024 - 07:31:04
Apulia, Italy (PANA) - Across the Global South, young people are yearning for opportunity and a better life. But while [...] Full text...

thread Society

Burkina Faso army denies munity rumours

19 june 2024 - 10:11:11
Ouagadougou, Burkina Faso (PANA) - The Burkinabè army on Tuesday denied rumours of mutiny following a deadly attack against a [...] Full text...

thread Society

How can Tanzania build capacity to accelerate women’s economic empowerment? World Bank Blog By Alena Sakhonchik and Tanya D'Lima

19 june 2024 - 09:50:32
Dodoma, Tanzania (PANA) - One key piece of the puzzle in accelerating progress towards gender equality in Tanzania is having [...] Full text...

thread Gender

Strong electric utilities critical to clean energy for all: WB report

18 june 2024 - 20:01:31
Washington, DC, USA {PANA) - The majority of electric utilities in developing countries are ill-equipped to meet growing demand for [...] Full text...

thread Economy

Burkina Faso’s recovery depends on having security under control: IMF

16 june 2024 - 11:37:40
Ouagadougou, Burkina Faso (PANA) – Burkina Faso’s economic growth is projected at 5.5 percent in 2024 but remains below potential [...] Full text...

thread Economy

AfDB sends high-level delegation to Japan to champion African investment

16 june 2024 - 06:46:57
Tokyo, Japan (PANA) - An African Development Bank (AfDB)  delegation, led by three vice presidents, will be in Japan from [...] Full text...

thread Economy

EU Council adopts position on law combatting corruption

14 june 2024 - 09:42:27
Brussels, Belgium (PANA) - In order to step up efforts in the fight against corruption, the European Council on Friday [...] Full text...

thread Society

Togo keeps its economic performance robust through growth-friendly fiscal consolidation: IMF

11 june 2024 - 10:15:27
Lomé, Togo (PANA) – Togo’s economic growth reached an estimated 5.6 percent in 2023, and inflation has fallen to 2.6 [...] Full text...

thread Economy

IMF, Egypt reach staff level deal on third review of EFF arrangement

07 june 2024 - 11:10:31
Cairo, Egypt (PANA) - While geopolitical tensions and their impact on Egypt remain challenging, the country’s authorities have stayed the [...] Full text...

thread Economy

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

Stephanie Khoury holds wide-ranging consultations in eastern Libya to revive the political process

06 june 2024 - 15:32:02
Tripoli, Libya (PANA) - The Deputy Special Representative of the UN Secretary-General for Political Affairs and Acting Head of the [...] Full text...

thread Politics

World Environment: There is an exit off ‘the highway to climate hell’, Guterres insists

06 june 2024 - 05:38:41
New York, United States (PANA) - “It’s climate crunch time” when it comes to tackling rising carbon emissions, the UN [...] Full text...

thread Environment

IMF, Cameroon reach staff-level agreement on first review of ECF, RSF

04 june 2024 - 11:51:18
Yaoundé, Cameroon (PANA) - The International Monetary Fund (IMF) and the Cameroonian authorities have reached a staff-level agreement on the [...] Full text...

thread Economy

3rd 'Made in Algeria' exhibition opens in Tripoli

04 june 2024 - 11:04:05
Tripoli, Libya (PANA) - Libyan Minister of Economy and Trade in the Government of National Unity, Mohamed al-Haweij, inaugurated the [...] Full text...

thread Economy

Congo, IMF staff reach deal on fifth review under ECF arrangement

30 may 2024 - 08:40:40
Brazzaville, Congo (PANA) – International Monetary Fund (IMF) staff has reached staff-level agreement on the Fifth Review of the Extended [...] Full text...

thread Economy

IMF welcomes Gabon’s rebound in economic growth

29 may 2024 - 14:10:19
Libreville, Gabon (PANA) - The Executive Board of the International Monetary Fund (IMF) has welcomed Gabon’s rebound in growth and [...] Full text...

thread Economy

Global economic outlook is brightening but political risks loom large in 2024

29 may 2024 - 13:20:33
Geneva, Switzerland (PANA) - The latest Chief Economists Outlook released on Wednesday presents a growing sense of cautious optimism about [...] Full text...

thread Economy

Day 2 at AfDB Meetings in Nairobi

28 may 2024 - 11:42:24
Nairobi, Kenya (PANA) - The BRICS Alliance, together with the new member additions, are providing immense trade and investment opportunities [...] Full text...

thread Economy

Ouagadougou to host first International exhibition for Processing, Innovation and Quality

21 may 2024 - 17:27:23
Ouagadougou, Burkina Faso (PANA) - The first International exhibition for Processing, Innovation and Quality (STIQ) will be held from 6 [...] Full text...

thread Economy

Libyan, Indonesia discuss trade and investment relations

21 may 2024 - 17:13:46
Tripoli, Libya (PANA) - The Libyan Minister of Economy and Trade, Mohamed al-Haweij, has discussed with the Chargé d'Affaires of [...] Full text...

thread Economy

AfDB’s Chief highlights Africa as world’s best investment destination

21 may 2024 - 09:08:12
Riyadh, Saudi Arabia ( PANA) - Africa’s human, land, mineral resource and cross-border trade endowments combine to make it the [...] Full text...

thread Economy

Tourism is back to pre-pandemic levels, but challenges remain: WEF report

21 may 2024 - 09:02:36
New York, USA (PANA) - International tourist arrivals and the travel and tourism sector’s contribution to global GDP are expected [...] Full text...

thread Economy

IMF reaches staff-level deal with Tanzania on RSF, third review of ECF

18 may 2024 - 08:47:38
Dar es Salaam, Tanzania (PANA) – Tanzania’s authorities and the International Monetary Fund (IMF) have reached staff-level agreement on a [...] Full text...

thread Economy

800 evidence of crimes committed in Libya collected by ICC,- Karim Khan

14 may 2024 - 18:19:16
Tripoli, Libya (PANA) - The International Criminal Court (ICC) Prosecutor, Karim Khan, has said that the Court's teams have been [...] Full text...

thread Politics

Gaza war: UN humanitarians say 450,000 Gazans now uprooted from Rafah as Israeli bombardment continues

14 may 2024 - 12:43:03
Cairo, Egypt (PANA) - Large parts of the city of Rafah are now a “ghost town”, with UN humanitarians reporting on [...] Full text...

thread Society

Libya talks to Tunisia about its efforts to activate the African Investment Bank

10 may 2024 - 19:30:00
Tripoli, Libya (PANA) - A high-level Libyan delegation, led by al-Taher al-Baour, Head of Business Management at the Ministry of [...] Full text...

thread Economy

Examples to accelerate gender equality in Africa abound: We could apply them to Somalia: World Bank Blog By Helena Hwang, Cansu Birce Gokalp, Verena Phipps and Tanya D'Lima

10 may 2024 - 08:09:53
Mogadishu, Somalia (PANA) - In Somalia, the challenges to gender equality are complex and daunting. Only 28% of women over [...] Full text...

thread Gender

CAF signs MoU with South African University to train African Football Administrators

09 may 2024 - 07:57:32
Cairo, Egypt (PANA) - The Confederation of African Football (CAF) on Wednesday signed a landmark Memorandum of Understanding (MoU) with [...] Full text...

thread Sports

Libya's Minister of State for Communication discusses ICT industry programmes with US officials

07 may 2024 - 17:55:41
Tripoli, Libya (PANA) - Libya's Minister of State for Communication and Political Affairs in the Government of National Unity Walid [...] Full text...

thread Politics

Gambia, IMF reach staff-level deal on first review of ECF arrangement

04 may 2024 - 11:03:47
Banjul, Gambia (PANA) - The Gambian economic activity is recovering robustly as the country continues to advance its reform agenda [...] Full text...

thread Economy

Senegal maintains resilience despite economic challenges: IMF

04 may 2024 - 09:25:20
Dakar, 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 - 13:26:25
Cape Town, South Africa (PANA) – Anti-Apartheid activist, prominent businessman and politician Samuel Motsuenyane has died peacefully in Johannesburg. He [...] Full text...

thread Society

Africa urged to step up data security

01 may 2024 - 15:48:54
Addis-Ababa, Ethiopia (PANA) - The head of the Technology and Innovation Section of the Economic Commission for Africa (ECA), Mactar [...] Full text...

thread Sciences

Africa can overcome challenges of technology, says ECA officiial

01 may 2024 - 12:50:09
Addis Ababa, Ethiopia (PANA) - The head of the Technology and Innovation Section of the Economic Commission for Africa (ECA), [...] Full text...

thread Sciences

Botswana to lure investors at US–Africa Business Summit

30 april 2024 - 16:33:48
Gaborone, Botswana (PANA) - The Botswana Investment and Trade Centre (BITC) on Tuesday announced its intention to participate at the [...] Full text...

thread Economy

Managing Director of IFC to visit Benin on Wednesday

30 april 2024 - 13:52:53
Cotonou, Benin (PANA) - The Managing Director of the International Finance Corporation (IFC), Makhtar Diop, is expected in Cotonou on [...] 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

Libya's Minister for Economy reaffirms importance of investment, trade with Malta

25 april 2024 - 13:39:01
Tripoli, Libya (PANA) - The Libyan Minister of Economy and Trade, Mohamed al-Haweij, has stressed the importance of investment, trade [...] Full text...

thread Economy

Libyan Economy ministry urged to facilitate establishment of Chinese companies

24 april 2024 - 16:06:05
Tripoli, Libya (PANA) - The Libyan Minister of Economy and Trade, Mohamed al-Haweij, has ordered the relevant departments of the [...] Full text...

thread Economy

UN chief calls for all hands on deck at Climate Promise 2025 launch

24 april 2024 - 04:55:59
New York, US (PANA) - Top UN officials launched a fresh global campaign to tackle the climate emergency on Tuesday, [...] Full text...

thread Environment

African Business Founders to take Centre Stage at soirée in Johannesburg

23 april 2024 - 08:37:45
Johannesburg, South Africa (PANA) - African Hidden Champions (AHC), a co-partnership of Africa Foresight Group and partners, will host an [...] Full text...

thread Economy

Airlines urged not to facilitate UK-Rwanda asylum transfers

23 april 2024 - 05:32:15
Geneva, Switzerland (PANA) - Independent UN experts have expressed concern over the role airlines and aviation authorities could have in [...] Full text...

thread Politics

CAR struggles to stabilise economy against complex humanitarian crisis

21 april 2024 - 11:33:36
Bangui, Central African Republic (PANA) – The authorities in Central African Republic (CAR) and the International Monetary (IMF) staff have [...] Full text...

thread Economy

Senior US official to visit Cameroon, Ethiopia, Angola

21 april 2024 - 05:12:57
Washington, DC, US (PANA) - US Deputy Secretary of State for Management and Resources Richard R. Verma will travel to Cameroon, Ethiopia, and Angola from [...] Full text...

thread Politics

Libyan-US officials discuss investment opportunities in Libya's oil and gas sector

20 april 2024 - 16:51:10
Tripoli, Libya (PANA) - Libya's Acting Minister of Oil in the Government of National Unity and Deputy Minister of Economy [...] Full text...

thread Economy

Sixth Science, Technology and Innovation Forum opens in Addis Ababa.

20 april 2024 - 16:41:44
Addis-Ababa, Ethiopia (PANA) - The Ethiopian capital, Addis Ababa, is hosting the sixth African Forum on Technology, Science and Innovation [...] Full text...

thread Sciences

Sub-Saharan Africa faces turning point

20 april 2024 - 10:49:24
Dar es Salaam, Tanzania (PANA) - After four turbulent years, the outlook for sub-Saharan Africa is gradually improving, according to [...] Full text...

thread Economy

Libya attends meeting of IMF's African Consultative Group

17 april 2024 - 17:21:59
Tripoli, Libya (PANA) - The governor of the Central Bank of Libya (BCL), Al-Seddik Omar Al-Kebir Wednesday took part in [...] Full text...

thread Economy

AfDB inaugurates new regional office in Yaoundé

16 april 2024 - 07:02:15
Yaounde, Cameroon (PANA) - In a move that reaffirms its commitment to Central Africa’s development course, the African Development Bank [...] Full text...

thread Economy

Industrial firm avails environment-friendly solutions for Southern Africa’s mining sector

15 april 2024 - 10:25:11
Dar es Salaam, Tanzania (PANA) – Industrial equipment supplier Atlas Copco Power Technique highlights that its move towards environment-friendly products [...] Full text...

thread Environment

Industrial policy is back but the bar to get it right is high: IMF Blog By Anna Ilyina, Ceyla Pazarbasioglu, Michele Ruta

12 april 2024 - 16:14:18
Washington DC, USA (PANA) - Governments have traditionally used targeted interventions known as industrial policy to make domestic producers more [...] Full text...

thread Economy

World must prioritise productivity reforms to revive medium-term growth: IMF Blog By Nan Li, Diaa Noureldin

10 april 2024 - 15:12:53
Washington DC, USA (PANA) - The world economy faces a sobering reality. The global growth rate - stripped of cyclical [...] Full text...

thread Economy

Rising cyber threats pose serious concerns for financial stability: IMF Blog By Fabio Natalucci, Mahvash S. Qureshi, Felix Suntheim

10 april 2024 - 09:50:47
Washington D.C., USA (PANA) - Cyber attacks have more than doubled since the pandemic. While companies have historically suffered relatively [...] Full text...

thread Economy

Emerging markets exercising greater global sway: New IMF Blog By Nicolas Fernandez-Arias, Alberto Musso, Carolina Osorio-Buitron, Adina Popescu

09 april 2024 - 15:42:15
Washington DC, United States (PANA) - The global economy is increasingly influenced by the Group of Twenty’s large emerging markets. Over [...] Full text...

thread Economy

IMF reaches staff level agreement with Côte d’Ivoire on review of EFF/ECF arrangements

09 april 2024 - 08:02:47
Abidjan, Côte d’Ivoire (PANA) - An International Monetary Fund (IMF) staff team and the authorities in Côte d’Ivoire have reached [...] Full text...

thread Economy

Ghana, Kenya, enhance bilateral relations

03 april 2024 - 18:03:02
Accra, Ghana (PANA) - Kenya and Ghana have signed seven agreements aimed at enhancing bilateral relations between their two countries. President [...] Full text...

thread Politics

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

Algerian economy struggles with persistent inflation - IMF

30 march 2024 - 09:31:53
Algiers, Algeria (PANA) - Algeria’s economy is estimated to have grown by 4.2 per cent in 2023, a robust performance [...] Full text...

thread Economy

ECA, WFP to boost food security in Madagascar

29 march 2024 - 17:29:27
Cotonou, Benin (PANA) - The Economic Commission for Africa (ECA) and the World Food Programme (WFP) have opted to strengthen [...] Full text...

thread Society

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

Preparations under way for Libyan-German Economic Forum in Tripoli

28 march 2024 - 15:35:25
Tripoli, Libya (PANA) - The Libyan Minister of Economy and Trade in the Government of National Unity, Mohamed al-Hawaij, Thursday [...] Full text...

thread Economy

Fundamental economic changes require a departure from simplistic economics: IMF Blog By Diane Coyle

27 march 2024 - 08:56:33
Cambridge, UK (PANA) - The economy of the 2020s is a world away from the economy of the mid-20th century, [...] Full text...

thread Economy

Key biodiversity conference begins in South Africa

25 march 2024 - 10:41:46
Cape Town, South Africa (PANA) – The inaugural Biodiversity Economy and Investment Indaba began in Boksburg on Monday. The conference under [...] Full text...

thread Environment

Disgraced South African businessman Marcus Jooste commits suicide

22 march 2024 - 08:44:40
Cape Town, South Africa (PANA) – The mastermind of South Africa’s biggest ever fraud case, former Steinhoff CEO Markus Jooste, [...] Full text...

thread Society

Strengthen central bank independence to protect the world economy: IMF Blog By Kristalina Georgieva

21 march 2024 - 11:38:41
Washington, DC, United States (PANA) - Central bankers today face many challenges to their independence. Calls are growing for interest-rate [...] Full text...

thread Economy

IMF deputy MD says Angola has a promising future

21 march 2024 - 10:18:08
Luanda, Angola (PANA) - Implementation of economic reforms in the areas of fiscal management, revenue mobilisation, financial stability, and central [...] Full text...

thread Economy

New WMO climate report confirms 2023 hottest year on record

19 march 2024 - 14:57:51
Geneva, Switzerland (PANA) - Records were once again broken for greenhouse gas levels, surface temperatures, ocean heat and acidification, sea [...] Full text...

thread Environment

World Bank Group assures support to Egypt’s development, reform efforts

19 march 2024 - 06:13:25
Cairo, Egypt (PANA) - The World Bank Group (WBG) is committed to its long-term strategic partnership with Egypt and supports [...] Full text...

thread Economy

More work is needed to make big banks resolvable: IMF Blog By Tobias Adrian and Marc Dobler

18 march 2024 - 19:24:45
Washington DC, USA (PANA) - Almost a year ago, Credit Suisse, a globally systemic bank with $540 billion in assets [...] Full text...

thread Economy

Meeting focuses on preparations for Libyan-Maltese Trade and Export Forum

15 march 2024 - 10:48:56
Tripoli, Libya (PANA) - Libya's Minister of Economy and Trade in the Government of National Unity, Mohamed al-Haweij, has discussed [...] Full text...

thread Economy