Kenya Central Bank lifts decade-long bank licensing freeze, doubles core capital

16 april 2025 - 19:15:32
Nairobi, Kenya (PANA) - The Central Bank of Kenya (CBK) has lifted the decade-long moratorium on the licensing of commercial [...] Full text...

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Wednesday's exchange rates for the Gambian Dalasi

16 april 2025 - 11:46:17
Banjul, Gambia (PANA) - The following are Wednesday's exchange rates for the Gambian Dalasi as published by the Trust Bank [...] Full text...

thread Economy

IMF, Malagasy officials reach staff-level deal on reviews of ECF and RSF plans

16 april 2025 - 10:10:29
Antananarivo, Madagascar (PANA) – Malagasy authorities and the International Monetary Fund staff have reached a staff-level agreement on policies to [...] Full text...

thread Economy

Wednesday’s exchange rates for the Tanzania Shilling

16 april 2025 - 08:44:29
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Wednesday as issued [...] Full text...

thread Economy

UN Youth Forum brings fresh perspectives on sustainable development

16 april 2025 - 07:41:08
New York, US (PANA) - Young people from across the globe are meeting at UN Headquarters this week to share [...] Full text...

thread Economy

Libya projects US$31 billion in unified budget for 2025

15 april 2025 - 11:09:27
Tripoli, Libya (PANA) - The Prime Minister-designate of the Libyan Parliament, Osama Hammad, on Monday handed over to the Speaker [...] Full text...

thread Politics

IMF mission, Ghanaian authorities reach staff-level agreement on Fourth Review of Extended Credit Facility

15 april 2025 - 10:08:02
Accra, Ghana (PANA) - An International Monetary Fund (IMF) staff team, led by Mr. Stéphane Roudet, Mission Chief for Ghana, and [...] Full text...

thread Economy

Tuesday's exchange rates for the Gambian Dalasi

15 april 2025 - 09:31:19
Banjul, Gambia (PANA) - The following are Tuesday's exchange rates for the Gambian Dalasi as published by the Trust Bank [...] Full text...

thread Economy

How rising geopolitical risks weigh on asset prices: IMF Blog By Salih Fendoglu, Mahvash S. Qureshi, and Felix Suntheim

15 april 2025 - 08:08:01
Washington, DC, United States (PANA) - Global geopolitical risks remain elevated, raising concerns about their potential impact on economic and [...] Full text...

thread Economy

Reciprocal tariffs should exclude vulnerable developing countries – UN trade body

14 april 2025 - 17:12:38
Geneva, Switzerland (PANA) - Already grappling with low growth and mounting uncertainty, vulnerable and small economies, whose activities have a [...] Full text...

thread Economy

Monday's exchange rates for the Gambian Dalasi

14 april 2025 - 09:36:47
Banjul, Gambia (PANA) - The following are Monday's exchange rates for the Gambian Dalasi as published by the Trust Bank [...] Full text...

thread Economy

Saturday’s exchange rates for the Tanzania Shilling

12 april 2025 - 09:39:08
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Saturday as issued [...] Full text...

thread Economy

US tariffs move could see three per cent fall in global trade, says top UN economist

11 april 2025 - 17:27:06
Geneva, Switzerland (PANA) - Global trade could shrink by three per cent as a result of the United States’ new [...] Full text...

thread Economy

IMF Staff completes mission to Guinea Bissau

11 april 2025 - 13:14:43
Washington, D.C, US (PANA) - A staff team from the International Monetary Fund (IMF) led by Niko Hobdari visited Bissau [...] Full text...

thread Economy

IMF Staff completes 2025 Article IV Mission to Mauritius

11 april 2025 - 13:00:33
Washington, DC, US (PANA) -  Real GDP of Mauritius grew by a robust 4.7 percent in 2024, driven by services, [...] Full text...

thread Economy

Friday's exchange rates for the Gambian Dalasi

11 april 2025 - 12:20:02
Banjul, Gambia (PANA) - The following are Friday's exchange rates for the Gambian Dalasi as published by the Trust Bank [...] Full text...

thread Economy

United Airlines increases flights to South Africa

11 april 2025 - 07:41:21
Cape Town, South Africa (PANA) – United Airlines is expanding its African network. It launched a new long-haul service from [...] Full text...

thread Economy

Syria’s political transition at risk due to Israeli military action, Security Council hears

10 april 2025 - 21:40:10
New York, US (PANA) - Recent military actions by Israel are undermining Syria’s political transition and the chances of a [...] Full text...

thread Society

Thursday's exchange rates for the Gambian Dalasi

10 april 2025 - 09:58:02
Banjul, Gambia (PANA) - The following are Thursday's exchange rates for the Gambian Dalasi as published by the Trust Bank [...] Full text...

thread Economy

UN mission in Libya urges parties to agree on urgent measures to stabilise economy

10 april 2025 - 07:58:01
Tripoli, Libya (PANA) - The UN Support Mission in Libya (UNSMIL) has expressed concern about the North African country's worsening [...] Full text...

thread Economy

Four strategic priorities to mobilize the resources needed to achieve 2030 and 2063 Agenda

09 april 2025 - 19:06:58
Cotonou, Benin (PANA) - The Executive Secretary of the Economic Commission for Africa (ECA), Claver Gatété, Wednesday called on Africa [...] Full text...

thread Society

Wednesday's exchange rates for the Gambian Dalasi

09 april 2025 - 09:37:20
Banjul, Gambia (PANA) -  The following are Wednesday's exchange rates for the Gambian Dalasi as published by the Trust Bank [...] Full text...

thread Economy

Nobody wins trade wars, Guterres warns

09 april 2025 - 07:23:01
New York, US (PANA) - The UN Secretary-General on Tuesday warned that when it comes to trade wars, “nobody wins” [...] Full text...

thread Economy

Africa's higher education centres of excellence celebrate decade of transformative journey

08 april 2025 - 09:51:05
Accra, Ghana (PANA) - About 500 participants, including more than 80 Africa Higher Education Centres of Excellence (ACEs), policy makers, [...] Full text...

thread Society

Tuesday’s exchange rates for the Tanzania Shilling

08 april 2025 - 07:36:44
Dar es Salaam. Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Tuesday as issued [...] Full text...

thread Economy

Monday's exchange rates for the Gambian Dalasi

07 april 2025 - 09:30:25
Banjul, Gambia (PANA) -  The following are Monday's exchange rates for the Gambian Dalasi as published by the Trust Bank [...] Full text...

thread Economy

Monday’s exchange rates for the Tanzania Shilling

07 april 2025 - 07:59:06
Dar es Salaam. Tanzania (PANA) - The following are the exchange rates for the Tanzania Shilling on Monday as issued [...] Full text...

thread Economy

Libyan dinar devalued by 13.3%

06 april 2025 - 15:22:46
Tripoli, Libya (PANA) - The Central Bank of Libya (CBL) announced on Sunday a 13.3% devaluation of the currency, dinar, [...] Full text...

thread Economy

IMF staff, Rwandan authorities agree on fifth review of Policy Coordination Instrument

05 april 2025 - 12:05:34
Kigali, Rwanda (PANA) – The International Monetary Fund (IMF) staff and the Rwandan authorities have reached staff-level agreement on policies [...] Full text...

thread Economy

Saturday’s exchange rates for the Tanzania Shilling

05 april 2025 - 09:20:01
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Saturday as issued [...] Full text...

thread Economy

Friday's exchange rates for the Gambian Dalasi

04 april 2025 - 11:46:23
Banjul, Gambia (PANA) — The following are Friday's exchange rates for the Gambian Dalasi as published by the Trust Bank [...] Full text...

thread Economy

Friday’s exchange rates for the Tanzania Shilling

04 april 2025 - 07:40:32
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Friday as issued [...] Full text...

thread Economy

IMF approves 2-year US$4.5 billion Flexible Credit Line arrangement for Morocco

03 april 2025 - 10:39:28
Rabat, Morocco (PANA) - The International Monetary Fund (IMF) has approved a successor two-year arrangement for Morocco under the Flexible [...] Full text...

thread Economy

Thursday's exchange rates for the Gambian Dalasi

03 april 2025 - 10:36:38
Banjul, Gambia (PANA) — The following are Thursday's exchange rates for the Gambian Dalasi as published by the Trust Bank [...] Full text...

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In Sub-Saharan Africa, the mix of export-related jobs is shifting toward services: World Bank Blog By Hagen Kruse, Gaaitzen de Vries and Deborah Winkler

03 april 2025 - 07:35:38
Addis Ababa, Ethiopia (PANA) - The rise of global value chains has changed the way many of us think about [...] Full text...

thread Economy

Trump imposes 30% trade tariff on South Africa

03 april 2025 - 07:32:24
Cape Town, South Africa (PANA) – The South African government on Thursday addressed President Donald Trump’s announcement that he is [...] Full text...

thread Economy

Thursday’s exchange rates for the Tanzania Shilling

03 april 2025 - 07:27:39
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Thursday as issued [...] Full text...

thread Economy

Wednesday's exchange rates for the Gambian Dalasi

02 april 2025 - 10:43:21
Banjul, Gambia (PANA) — The following are Wednesday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

thread Economy

Rwanda’s economy registers robust growth in 2024 despite global challenges

02 april 2025 - 07:41:28
Kigali, Rwanda (PANA) - Rwanda's real GDP grew by 8.9% in 2024, surpassing the previous year's growth rate of 8.2%, [...] Full text...

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Solar mini grids, off-grid systems could bring electricity to 8.5 million Zambians by 2030

02 april 2025 - 07:03:36
Lusaka, Zambia (PANA) - Access to electricity in Zambia has risen from 30% in 2017 to currently nearly 50%. Whilst [...] Full text...

thread Economy

Wednesday’s exchange rates for the Tanzania Shilling

02 april 2025 - 07:01:26
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Wednesday as issued [...] Full text...

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Libyan oil production rises slightly

01 april 2025 - 11:08:28
Tripoli, Libya (PANA) - Libya's crude oil production increased slightly to 1,386,889 barrels per day, up from 1,376,000 barrels, the [...] Full text...

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South African Tourism Minister visits Ghana

31 march 2025 - 07:40:55
Cape Town, South Africa (PANA) – South African Tourism minister Patricia De Lille on Monday returned home after embarking on [...] Full text...

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Looking beyond GDP to reach the Sustainable Development Goals

31 march 2025 - 06:53:53
Geneva, Switzerland (PANA) - Countries should consider looking beyond Gross Domestic Product, or GDP, as the key measure of economic [...] Full text...

thread Economy

Saturday's exchange rates for the Gambian Dalasi

29 march 2025 - 11:38:27
Banjul, Gambia (PANA) — The following are Saturday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

thread Economy

Some 47 million health workers and advocates call for cleaner air to curb pollution deaths

29 march 2025 - 05:23:57
Cartagena, Colombia (PANA) - Over 50 countries, cities, and organisations pledged new commitments on Thursday to tackle air pollution, protect [...] Full text...

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Libyan PM, UAE President discuss bilateral cooperation

28 march 2025 - 11:40:39
Tripoli, Libya (PANA) - The Libyan Prime Minister, Abdulhamid Al Dbaiba, and the President of the United Arab Emirates, Sheikh [...] Full text...

thread Politics

Friday's exchange rates for the Gambian Dalasi

28 march 2025 - 11:34:17
Banjul, Gambia (PANA) — The following are Friday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

thread Economy

Unsustainable fashion, textiles focus on International Day of Zero Waste 2025

28 march 2025 - 11:04:52
Nairobi, Kenya (PANA) - Ahead of the International Day of Zero Waste 2025, events in Nairobi, New York and across [...] Full text...

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IMF chief sets up Advisory Council on Entrepreneurship and Growth

28 march 2025 - 10:54:01
Washington, DC, United States (PANA) - As part of the International Monetary Fund’s efforts to help its 191 member countries [...] Full text...

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Mauritania advances energy security with World Bank support

28 march 2025 - 10:33:43
Nouakchott, Mauritania (PANA) -  The World Bank Group has announced its approval of the Mauritania Development of Energy Resources and [...] Full text...

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Friday’s exchange rates for the Tanzania Shilling

28 march 2025 - 08:09:12
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Friday as issued [...] Full text...

thread Economy

IMF mission welcomes Senegal’s commitment to fiscal transparency

27 march 2025 - 11:56:51
Dakar, Senegal (PANA) - An International Monetary Fund (IMF) mission visited Senegal to review findings of the audit report by [...] Full text...

thread Economy

Thursday's exchange rates for the Gambian Dalasi

27 march 2025 - 09:47:06
Banjul, Gambia (PANA) — The following are Thursday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

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New World Bank financing set to revamp Dodoma’s urban mobility, generate more than 10,000 Jobs

27 march 2025 - 08:33:24
Dodoma, Tanzania (PANA) - A new World Bank-financed investment will enhance mobility and accessibility in Tanzania’s capital, Dodoma, unlocking economic [...] Full text...

thread Economy

Thursday’s exchange rates for the Tanzania Shilling

27 march 2025 - 08:07:31
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Thursday as issued [...] Full text...

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Zimbabwe journalist held on baseless charges – Human Rights Watch

26 march 2025 - 13:06:58
Johannesburg, South Africa (PANA) – Zimbabwean authorities should immediately release and drop the groundless charges against a journalist for his [...] Full text...

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Strategic, targeted reforms can strengthen Morocco's business landscape: Report

26 march 2025 - 13:03:00
Rabat, Morocco (PANA) - The Moroccan economy demonstrated resilience and positive trends in 2024 despite facing significant challenges, according to [...] Full text...

thread Economy

Wednesday's exchange rates for the Gambian Dalasi

26 march 2025 - 10:46:20
Banjul, Gambia (PANA) — The following are Wednesday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

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Fostering community resilience: A lifeline for the Central African Republic: World Bank Blog By Laurent Corroyer

26 march 2025 - 08:27:56
Bangui, Central African Republic (PANA) - When devastating floods swept through the Central Africa Republic (CAR) in August 2024, thousands [...] Full text...

thread Environment

Wednesday’s exchange rates for the Tanzania Shilling

26 march 2025 - 08:04:38
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Wednesday as issued [...] Full text...

thread Economy

Burkina Faso adopts new Customs Code

25 march 2025 - 15:44:57
Ouagadougou, Burkina Faso (PANA) - Burkina Faso adopted a new Customs Code on Monday, introducing a number of innovations including [...] Full text...

thread Economy

Tuesday's exchange rates for the Gambian Dalasi

25 march 2025 - 10:18:27
Banjul, Gambia (PANA) — The following are Tuesday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

thread Economy

Tuesday’s exchange rates for the Tanzania Shilling

25 march 2025 - 07:21:16
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Tuesday as issued [...] Full text...

thread Economy

Monday's exchange rates for the Gambian Dalasi

24 march 2025 - 09:41:38
Banjul, Gambia (PANA) — The following are Monday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

thread Economy

Monday’s exchange rates for the Tanzania Shilling

24 march 2025 - 07:23:06
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Monday as issued [...] Full text...

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Connecting 300 million people to electricity and building a resilient future in Africa, World Bank Blog By Celine Ramstein and Stéphane Hallegatte

22 march 2025 - 09:50:58
Dar es Salaam, Tanzania (PANA) - One of the resounding messages of the recent Mission 300 Africa Energy Summit was [...] Full text...

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How animal spirits affect the economy: IMF Blog By Joel Flynn, assistant professor of economics at Yale University, and Karthik Sastry, assistant professor of economics and public affairs at Princeton University

22 march 2025 - 09:26:52
Washington, DC, United States (PANA) - Storytelling is central to how we interpret economic events. We recall economic history through [...] Full text...

thread Economy

Friday's exchange rates for the Gambian Dalasi

21 march 2025 - 11:28:58
Banjul, Gambia (PANA) — The following are Friday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

thread Economy

Friday’s exchange rates for the Tanzania Shilling

21 march 2025 - 07:32:17
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Friday as issued [...] Full text...

thread Economy

East Africa leads regional growth in Africa, says report

20 march 2025 - 15:32:56
Cotonou, Benin (PANA) - Growth in East Africa is expected to be stronger than in other sub-regions, reaching 6% in [...] Full text...

thread Economy

Burkina Faso's economy performed well in 2024, says government

20 march 2025 - 12:24:44
Ouagadougou, Burkina Faso (PANA) -The government of Burkina Faso announced on Wednesday that economic activity performed well in 2024, with [...] Full text...

thread Economy

Thursday's exchange rates for the Gambian Dalasi

20 march 2025 - 08:52:59
Banjul, Gambia (PANA) — The following are Thursday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

thread Economy

Thursday’s exchange rates for the Tanzania Shilling

20 march 2025 - 07:20:55
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Thursday as issued [...] Full text...

thread Economy

World Bank to release US$ 33 million to combat conflict and climate change in Benin

19 march 2025 - 15:46:24
Cotonou, Benin (PANA) - The World Bank is to release $33 million to Benin to help it combat conflicts in [...] Full text...

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The European Union is to provide CFAF 13 billion for the Port and women's leadership in Benin

19 march 2025 - 15:30:52
Cotonou, Benin (PANA) - The European Union (EU) is to provide Benin with some 20 million euros in support of [...] Full text...

thread Economy

Wednesday's exchange rates for the Gambian Dalasi

19 march 2025 - 09:33:19
Banjul, Gambia (PANA) — The following are Wednesday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

thread Economy

Wednesday’s exchange rates for the Tanzania Shilling

19 march 2025 - 07:56:16
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Wednesday as issued [...] Full text...

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South Africa hosts G20 working group

19 march 2025 - 07:10:57
Cape Town, South Africa (PANA) –  South Africa's Department of Trade, Industry and Competition is hosting the G20 Trade and [...] Full text...

thread Economy

AfCFTA, a call to action to unveil the African economy, according to the Ethiopian President

18 march 2025 - 18:27:24
Cotonou, Benin (PANA) - The African Continental Free Trade Area (AfCFTA) is a call to action to unveil the African [...] Full text...

thread Economy

Morocco to host the 58th Conference of African Ministers of Finance, Planning and Economic Development in 2026

18 march 2025 - 16:38:29
Cotonou, Benin (PANA) - Morocco is to host the 58th Conference of African Ministers of Finance, Planning and Economic Development [...] Full text...

thread Economy

Tuesday's exchange rates for the Gambian Dalasi

18 march 2025 - 10:11:18
Banjul, Gambia (PANA) — The following are Tuesday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

thread Economy

Conflict, weather events drive food insecurity in many countries: WB report

18 march 2025 - 10:08:21
Dar es Salaam, Tanzania (PANA) - Conflict and weather-related events continue to drive food insecurity in different countries, says the [...] Full text...

thread Society

Top South African delegation visits Japan

18 march 2025 - 08:08:57
Cape Town, South Africa (PANA) – Deputy President of South Africa, Paul Mashatile, is on an official visit to Japan [...] Full text...

thread Politics

Tuesday’s exchange rates for the Tanzania Shilling

18 march 2025 - 07:39:17
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Tuesday as issued [...] Full text...

thread Economy

'Small arms weigh heavily on sustainable development'

18 march 2025 - 05:56:56
New York, US (PANA) - Among the many threats hindering sustainable development, small arms and light weapons are often overlooked. [...] Full text...

thread Society

Interest payments outweigh climate investments in almost all developing countries - UNCTAD

18 march 2025 - 05:31:35
Geneva, Switzerland (PANA) - Economists at the UN Trade and Development (UNCTAD) are warning that almost all developing countries pay [...] Full text...

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Claver Gatete of the ECA calls for national resources to be mobilised for the industrialisation of Africa

17 march 2025 - 16:41:22
Cotonou, Benin (PANA) - The Executive Secretary of the Economic Commission for Africa (ECA), Mr. Gatete Claver, has called for [...] Full text...

thread Economy

ECA deplores Africa's debt overhang

17 march 2025 - 16:11:12
Cotonou, Benin (PANA) - The Executive Secretary of the Economic Commission for Africa (ECA), Claver Gatete, deplored Africa's debt overhang, [...] Full text...

thread Economy

WBG supports Cameroon’s economic resilience, domestic revenue mobilisation, and transparency of public finances

17 march 2025 - 13:06:54
Washington, DC, United States (PANA) - The World Bank Group has announced approval of two operations for Cameroon for a [...] Full text...

thread Economy

Monday's exchange rates for the Gambian Dalasi

17 march 2025 - 09:56:47
Banjul, Gambia (PANA) — The following are Monday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

thread Economy

Making fiscal policy more pro-poor in Africa: World Bank Blog By Abebe Adugna; Gabriela Inchauste and Hassan Zaman

17 march 2025 - 08:48:29
Dakar, Senegal (PANA) - Governments can do more to level the playing field through fair fiscal policies in Africa. In many [...] Full text...

thread Society

Monday’s exchange rates for the Tanzania Shilling

17 march 2025 - 07:49:53
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Monday as issued [...] Full text...

thread Economy

Transparency International says Covid 19 worsened corruption worldwide

15 march 2025 - 12:44:14
 Dar es Salaam, Tanzania (PANA) - Five years ago this week, the World Health Organization (WHO) declared COVID-19 a global [...] Full text...

thread Society

Saturday’s exchange rates for the Tanzania Shilling

15 march 2025 - 07:51:33
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Saturday as issued [...] Full text...

thread Economy

New risks loom for global trade, warns UN body

15 march 2025 - 07:26:00
Geneva, Switzerland (PANA) - While global trade started 2025 on stable ground, challenges are mounting, according to the UN trade [...] Full text...

thread Economy

How sound economic policy can help prevent conflict: IMF Blog By Franck Bousquet, Paul M. Bisca, Christopher Rauh, Benjamin Seimon

14 march 2025 - 11:59:22
Washington, DC, United Sates (PANA) - Simulations that incorporate machine learning-based predictions of conflict suggest large payoffs from preventive policies, [...] Full text...

thread Economy

Friday's exchange rates for the Gambian Dalasi

14 march 2025 - 11:05:22
Banjul, Gambia (PANA) — The following are Friday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

thread Economy

World Bank’s report urges swift, sustained reforms to accelerate recovery, inclusive growth in South Sudan

14 march 2025 - 08:04:28
Juba, South Sudan (PANA) - The 7th edition of South Sudan Economic Monitor (SSEM) titled ‘A Pathway to Overcome the [...] Full text...

thread Economy

Friday’s exchange rates for the Tanzania Shilling

14 march 2025 - 08:01:25
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Friday as issued [...] Full text...

thread Economy

Production resumes at Libya's Mabrouk oilfield after a decade's interruption

13 march 2025 - 12:49:55
Tripoli, Libya (PANA) -  Production at the Mabrouk oil field, about 170 km south of Syrte in central Libya, has [...] Full text...

thread Economy

IMF Board completes review of Cong’s ECF arrangement

13 march 2025 - 09:49:10
Washington, DC, United States (PANA) – The International Monetary Fund (IMF) has completed the sixth and final review of the [...] Full text...

thread Economy

Thursday's exchange rates for the Gambian Dalasi

13 march 2025 - 09:45:49
Banjul, Gambia (PANA) — The following are Thursday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

thread Economy

Thursday’s exchange rates for the Tanzania Shilling

13 march 2025 - 07:29:48
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Thursday as issued [...] Full text...

thread Economy

Libyan youth call for political stability, accountability, economic reforms

12 march 2025 - 10:47:56
Tripoli, Libya (PANA) - A number of Libyan youth have discussed challenges facing the country's economy with experts of the [...] Full text...

thread Economy

Wednesday's exchange rates for the Gambian Dalasi

12 march 2025 - 10:17:51
Banjul, Gambia (PANA) — The following are Wednesday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

thread Economy

Liberia needs institutional, policy reforms to boost economic growth and development: WB report

12 march 2025 - 07:19:49
Monrovia, Liberia (PANA) - The World Bank has launched its flagship report, the Liberia Country Economic Memorandum, titled “Escaping the [...] Full text...

thread Economy

JP Morgan downgrades South African equities

12 march 2025 - 07:08:57
Cape Town, South Africa (PANA) – JP Morgan on Tuesday downgraded South African equities to “neutral” from “overweight”, citing concerns over [...] Full text...

thread Economy

Wednesday’s exchange rates for the Tanzania Shilling

12 march 2025 - 07:05:22
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Wednesday as issued [...] Full text...

thread Economy

Foreign companies invited to invest in 22 oil fields in Libya

11 march 2025 - 12:25:40
Tripoli, Libya (PANA) - The acting Chairman of the Board of Directors of the Libyan National Oil Company (NOC), Massoud [...] Full text...

thread Economy

Tuesday's exchange rates for the Gambian Dalasi

11 march 2025 - 10:52:37
Banjul, Gambia (PANA) — The following are Tuesday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

thread Economy

Commission on the Status of Women: 'The poison of patriarchy is back'

11 march 2025 - 08:20:02
New York, US (PANA) - As the new session of the Commission on the Status of Women opens, meeting at [...] Full text...

thread Gender

What works for women at work: World Bank Blog By Anna Bjerde, World Bank Managing Director of Operations

11 march 2025 - 07:49:31
Porto-Novo, Benin (PANA) - Across the globe, I’ve met countless men and women driven by the conviction that when policies [...] Full text...

thread Gender

Tuesday’s exchange rates for the Tanzania Shilling

11 march 2025 - 07:48:19
Dar es Salaam, Tanzania (PANA} – The following are the exchange rates for the Tanzania Shilling on Tuesday as issued [...] Full text...

thread Economy

Monday's exchange rates for the Gambian Dalasi

10 march 2025 - 11:45:48
Banjul, Gambia (PANA) — The following are Monday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

thread Economy

Monday’s exchange rates for the Tanzania Shilling

10 march 2025 - 08:01:09
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Monday as issued [...] Full text...

thread Economy

Top UN official in Libya urges parties to promote status of women

09 march 2025 - 13:14:20
Tripoli, Libya (PANA) - The Special Representative of the UN Secretary-General in Libya, Hanna Tetteh, has called on all Libyan [...] Full text...

thread Gender

Up to 1mln Syrians living in camps, displacement sites intend to return home

08 march 2025 - 09:04:31
7 March 2025 Migrants and RefugeesDamascus, Syria (PANA) - Up to one million desperate Syrians living in camps and displacement [...] Full text...

thread Society

Smart policies that help people realize their potential can be game-changing for entire societies: IMF Blog By Gita Bhatt

08 march 2025 - 08:14:45
Washington D.C., USA (PANA) - Every great leap in human progress—from the printing press to the steam engine to the [...] Full text...

thread Economy

Gender equality in employment would take nearly two centuries, says ILO

07 march 2025 - 11:05:45
Geneva, Switzerland (PANA) - Thirty years after the adoption of the Beijing Declaration and Platform for Action, which set ambitious [...] Full text...

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Friday's exchange rates for the Gambian Dalasi

07 march 2025 - 10:54:27
Banjul, Gambia (PANA) — The following are Friday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

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Friday’s exchange rates for the Tanzania Shilling

07 march 2025 - 08:06:47
-Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Friday as issued [...] Full text...

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Ghana's President stresses self-reliance on 68th independence anniversary

06 march 2025 - 12:48:46
Accra, Ghana (PANA) - Ghana on Thursday marked her 68th independence anniversary with the President of the West African country, [...] Full text...

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South Africa and Chile strengthen ties

06 march 2025 - 09:37:40
Cape Town, South Africa (PANA) – South Africa and Chile have agreed to cooperate in areas of trade and industry [...] Full text...

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World Bank enterprise surveys in Botswana: 13 years later: World Bank Blog By Siyun He, Yew Chong Soh and Liang Wang

06 march 2025 - 08:12:23
Gaborone, Botswana (PANA) - Findings from a recent World Bank survey reveal the current state of private sector development in [...] Full text...

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Thursday’s exchange rates for the Tanzania Shilling

06 march 2025 - 08:09:04
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Thursday as issued [...] Full text...

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Democratising innovation can harness untapped talent and spur economic growth: IMF Blog By Xavier Jaravel, Professor of Economics at the London School of Economics

05 march 2025 - 13:01:25
Washington, DC, USA (PANA) - Notwithstanding Plato’s 2,400-year-oldproverb, necessity alone is not the mother of invention. It also requires opportunity. An [...] Full text...

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Wednesday's exchange rates for the Gambian Dalasi

05 march 2025 - 11:52:11
Banjul, Gambia (PANA) — The following are Wednesday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

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Rights group warns that mining in toxic lead waste poisons children in Zambia

05 march 2025 - 09:39:18
Lusaka, Zambia (PANA) – Zambia's government is facilitating hazardous mining and processing of toxic lead waste in the city of Kabwe [...] Full text...

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Economic diversification is crucial for unlocking new sources of growth in Equatorial Guinea, says new report

05 march 2025 - 07:22:26
Malabo, Equatorial Guinea (PANA) -  Economic diversification away from oil, investing in its people and strengthening institutions are crucial for [...] Full text...

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Wednesday’s exchange rates for the Tanzania Shilling

05 march 2025 - 07:18:03
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Wednesday as issued [...] Full text...

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South Africa: South African Minister welcomes lifting of Botswana product ban

04 march 2025 - 17:39:02
Cape Town, South Africa (PANA) – Agriculture Minister Ivan Meyer on Tuesday welcomed the lifting of the ban on vegetable [...] Full text...

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Tuesday's exchange rates for the Gambian Dalasi

04 march 2025 - 09:47:48
Banjul, Gambia (PANA) — The following are Tuesday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

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Oceans of opportunity squeezed dry by unsustainable use

04 march 2025 - 07:43:37
Geneva, Switzerland (PANA) - The booming ocean economy sustains hundreds of millions of people, but it is being squeezed dry [...] Full text...

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Banking for a better world: Catalysing local solutions for global impact: World Bank Blog By Akihiko Nishio, World Bank Vice President of Development Finance and Ed Mountfield, Vice President, Operations Policy and Country Services

04 march 2025 - 07:19:05
Washington, DC, United States (PANA) - The world is grappling with a collective action problem. Tackling global challenges like biodiversity loss [...] Full text...

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Tuesday’s exchange rates for the Tanzania Shilling

04 march 2025 - 07:03:31
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania shilling on Tuesday as issued [...] Full text...

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Monday’s exchange rates for the Tanzania Shilling

03 march 2025 - 08:02:35
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Monday as issued [...] Full text...

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New report forecasts better prospects for South Africa’s dairy industry

01 march 2025 - 11:55:25
Pretoria, South Africa (PANA) - South Africa’s dairy industry is likely to grow in the future due to improving economic [...] Full text...

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Friday's exchange rates for the Gambian Dalasi

28 february 2025 - 11:10:06
Banjul, Gambia (PANA) — The following are Friday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

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“Em-powering” Ethiopia: A vision for the future of the Ethiopian energy sector: World Bank Blog By Guangzhe Chen, Vice President for Infrastructure, The World Bank

28 february 2025 - 08:14:55
Addis Ababa, Ethiopia (PANA) - On 25 January, 2025, the air in Addis Ababa was electric—not just with the hum [...] Full text...

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What is business ready and what does it mean for Botswana? World Bank Blog By Michael Ehst, Smita Kuriakose and Liang Wang

28 february 2025 - 07:57:11
Gaborone, Botswana (PANA) - In his maiden budget speech, Botswana’s Vice President and Minister of Finance, Ndaba Nkosinathi Gaolathe, mentioned [...] Full text...

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Friday’s exchange rates for the Tanzania Shilling

28 february 2025 - 07:24:18
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Friday as issued [...] Full text...

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Sudan is a powder keg with growing risk of war crimes, UN warns

28 february 2025 - 06:18:34
Geneva, Switzerland US (PANA) - Sudan is a flashpoint, with a growing risk of atrocity crimes and mass starvation deaths, [...] Full text...

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Thursday's exchange rates for the Gambian Dalasi

27 february 2025 - 10:24:26
Banjul, Gambia (PANA) — The following are Thursday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

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Anchoring macroeconomic stability through fiscal policy in Zimbabwe

27 february 2025 - 07:18:28
Harare, Zimbabwe (PANA) - The Government of Zimbabwe recently embarked upon an important set of reforms aimed to durably restore [...] Full text...

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Thursday’s exchange rates for the Tanzania Shilling

27 february 2025 - 07:16:52
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Thursday as issued [...] Full text...

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Wednesday's exchange rates for the Gambian Dalasi

26 february 2025 - 10:26:53
Banjul, Gambia (PANA) — The following are Wednesday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

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South African government delegation concludes UAE visit

26 february 2025 - 09:07:30
Cape Town, South Africa (PANA) – South Africa's Public Works Minister Dean Macpherson and his delegation on Tuesday completed the [...] Full text...

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Bridging the productivity divide needed to unlock Madagascar's economic potential needs

26 february 2025 - 09:05:23
Antananarivo, Madagascar (PANA} - Madagascar's economy is recovering, but growth remains insufficient and uneven to significantly improve living standards.According to [...] Full text...

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Wednesday’s exchange rates for the Tanzania Shilling

26 february 2025 - 08:57:53
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Wednesday as issued [...] Full text...

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Tuesday's exchange rates for the Gambian Dalasi

25 february 2025 - 10:31:05
Banjul, Gambia (PANA) — The following are Tuesday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

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IMF concludes 2024 Article IV Consultation with Angola

25 february 2025 - 09:09:01
Luanda, Angola (PANA} - Angola’s economy recovered in 2024 as the oil sector rebounded. GDP growth is estimated to have [...] Full text...

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Meetings Africa conference to create market access begins in Johannesburg

25 february 2025 - 09:06:58
Cape Town, South Africa (PANA) – The 2025 edition of Meetings Africa, with the specific objective of creating a market [...] Full text...

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Tuesday’s exchange rates for the Tanzania Shilling

25 february 2025 - 07:33:24
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Tuesday as issued [...] Full text...

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Monday's exchange rates for the Gambian Dalasi

24 february 2025 - 09:34:25
Banjul, Gambia (PANA) — The following are Monday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

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Invest in early childhood development to transform Uganda’s economy: WB report

24 february 2025 - 08:04:38
Kampala. Uganda (PANA) - Despite ongoing global challenges and geopolitical tensions, economic activ­ity in Uganda has remained robust. According to a [...] Full text...

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Monday’s exchange rates for the Tanzania Shilling

24 february 2025 - 07:52:01
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Monday as issued [...] Full text...

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AfDB, Interpol partner to combat financial crime, strengthen anti-corruption efforts in Africa

23 february 2025 - 06:56:55
Abidjan, Côte d'Ivoire (PANA) - The African Development Bank Group has taken a major step forward in its fight against [...] Full text...

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Five candidates cleared to contest AfDB presidential election

23 february 2025 - 06:55:21
Abidjan, Côte d'Ivoire (PANA) - Five candidates have been cleared to contest May's election to choose a new president for [...] Full text...

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Friday's exchange rates for the Gambian Dalasi

21 february 2025 - 11:29:39
Banjul, Gambia (PANA) — The following are Friday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

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Foreign Direct Investment increased to a record $41 trillion: IMF Blog By Topias Leino and Maja Gavrilovic

21 february 2025 - 09:20:59
Washington, DC, United States (PANA) - Global foreign direct investment grew again in 2023 after declining the previous year. Inward direct [...] Full text...

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Friday’s exchange rates for the Tanzania Shilling

21 february 2025 - 05:52:48
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Friday as issued [...] Full text...

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Thursday's exchange rates for the Gambian Dalasi

20 february 2025 - 12:52:27
Banjul, Gambia (PANA) — The following are Thursday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

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World Bank promotes inclusive connectivity in Lake Chad Region

20 february 2025 - 10:24:36
N'Djamena, Chad (PANA) - The World Bank has approved $170 million from the International Development Association (IDA) to help Chad [...] Full text...

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Powering Madagascar's future: Unleashing private investment to achieve energy goals: World Bank Blog By Atou Seck (Country Manager), Koffi Koménan and Tsiry Andriantahina

20 february 2025 - 08:00:59
Antananarivo, Madagascar (PANA) - Madagascar is endowed with significant renewable energy resources and yet has one of the largest energy [...] Full text...

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Thursday’s exchange rates for the Tanzania Shilling

20 february 2025 - 07:06:12
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Thursday as issued [...] Full text...

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EU moves to curb food waste, sets new rules on waste textile

19 february 2025 - 11:39:26
Brussels, Belgium (PANA) – The European Council presidency and European Parliament representatives on Wednesday reached a provisional agreement on the [...] Full text...

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Wednesday's exchange rates for the Gambian Dalasi

19 february 2025 - 11:24:04
Banjul, Gambia (PANA) — The following are Wednesday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

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New public finance review to help Eswatini improve fiscal policy for better development outcomes

19 february 2025 - 08:31:25
Mbabane, Ewatini (PANA) - The World Bank and the Government of Eswatini launched a new review highlighting ways to make [...] Full text...

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Wednesday’s exchange rates for the Tanzania Shilling

19 february 2025 - 07:53:24
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Wednesday as issued [...] Full text...

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$53.2 billion needed for Palestinian recovery: UN official

19 february 2025 - 07:51:11
Gaza City, Gaza (PANA) - The reconstruction of Gaza and the occupied West Bank will require an estimated $53.2 billion [...] Full text...

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ECA Executive Secretary calls for AfCFTA to be used to promote regional value chains in Africa

18 february 2025 - 16:00:12
Cotonou, Benin (PANA) - The Executive Secretary of the Economic Commission for Africa (ECA), Claver Gatete, has called for advantage [...] Full text...

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EC renews restrictive measures framework on Zimbabwe

18 february 2025 - 15:42:59
Brussels, Belgium (PANA) - The European Council on Tuesday renewed its framework for restrictive measures in view of the situation [...] Full text...

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African ministers discuss visa-free movement to spur regional unity

18 february 2025 - 15:37:16
Addis Ababa, Ethiopia (PANA) –  African ministers discussed obstacles to the continent’s economic integration, underscoring visa-free movement as a precondition [...] Full text...

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Kenya, Ethiopia take great leap in air transport of flowers

18 february 2025 - 14:57:21
Nairobi, Kenya (PANA) – Kenyan and Ethiopian airlines have had a significant impact on the growth of the global aviation [...] Full text...

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Burkina Faso expects 6% economic growth in 2025

18 february 2025 - 11:13:39
Ouagadougou, Burkina Faso (PANA) - Burkina Faso's economic activity will remain dynamic, with growth projected at 6.0 per cent in [...] Full text...

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DRC: UN peacekeepers repel night attacks in Ituri province

18 february 2025 - 07:21:46
Kinshasa, DRC (PANA) - While the capitals of South Kivu and North Kivu are now under the control of the [...] Full text...

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Tuesday’s exchange rates for the Tanzania Shilling

18 february 2025 - 07:09:08
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Tuesday as issued [...] Full text...

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Sovereignty and territorial integrity of Ukraine paramount, Security Council hears

17 february 2025 - 21:37:04
New York, US (PANA) - A senior UN political affairs official on Monday reaffirmed that any peace deal in Ukraine [...] Full text...

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AU unveils full list of elected offiials at 38 summit

17 february 2025 - 18:29:30
Addis Ababa, Ethiopia (PANA) - The African Union has unveiled the full list of Commissioners elected during the 38th session [...] Full text...

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Monday's exchange rates for the Gambian Dalasi

17 february 2025 - 09:44:08
Banjul, Gambia (PANA) — The following are Monday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

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Monday’s exchange rates for the Tanzania Shilling

17 february 2025 - 08:23:52
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Monday as issued [...] Full text...

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New report highlights Africa’s strengthening economic growth amid global challenges

16 february 2025 - 07:59:37
Addis Ababa, Ethiopia (PANA) - Africa’s economic performance is showing signs of improvement but remains vulnerable to global shocks, according [...] Full text...

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AU Summit: DRC, Sudan at the heart of discussions in Addis Ababa

15 february 2025 - 19:16:44
Addis Ababa, Ethiopia (PANA) - At the start of the 38th annual summit of the African Union (AU) in Addis [...] Full text...

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Africa 'brimming with hope and possibility': Guterres

15 february 2025 - 18:58:58
Addis Ababa, Ethiopia (PANA) - The UN Secretary-General, António Guterres, emphasised the potential of Africa and its young population and [...] Full text...

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Angola promises everlasting impression on infrastructure

15 february 2025 - 15:10:39
Addis Ababa, Ethiopia (PANA) – The African Union's newly-elected Chairman, Angola's President Joao Manuel Lourenco, has promised to leave a [...] Full text...

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IMF team concludes Ghana visit

14 february 2025 - 20:23:31
Accra, Ghana (PANA) - An International Monetary Fund (IMF) staff team led by Stéphane Roudet has visited Ghana as part [...] Full text...

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Friday's exchange rates for the Gambian Dalasi

14 february 2025 - 11:28:12
Banjul, Gambia (PANA) — The following are Friday's exchange rates for the Gambian Dalasi as published by the Central Bank [...] Full text...

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IMF staff completes Staff-Monitored Programme discussion with Zimbabwe

14 february 2025 - 11:10:11
Harare, Zimbabwe (PANA) - Following the request for a Staff-Monitored Programme (SMP) by the Zimbabwe authorities in 2023, an International [...] Full text...

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Rising rates may trigger financial instability, complicating fight against inflation: IMF Blog By Katharina Bergant, Mai Hakamada, Divya Kirti, and Rui C. Mano

14 february 2025 - 07:45:18
Washington, DC, United States (PANA) - Before the pandemic, investors worried about how persistently low inflation and interest rates would [...] Full text...

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World Bank expands support to electrify rural Eswatini

14 february 2025 - 07:43:54
Mbabane, Eswatini (PANA) -  A new World Bank financed project is helping set Eswatini on the path to universal energy [...] Full text...

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Friday’s exchange rates for the Tanzania Shilling

14 february 2025 - 07:42:22
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Friday as issued [...] Full text...

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Thursday’s exchange rates for the Tanzania Shilling

13 february 2025 - 07:37:25
Dar es Salaam, Tanzania (PANA) – The following are the exchange rates for the Tanzania Shilling on Thursday as issued [...] Full text...

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Ghana can pave the way for sustainable growth by focusing on long-term reforms: WBG report

13 february 2025 - 05:11:11
Accra, Ghana (PANA) - The World Bank Group’s latest Public Finance Review report, titled “Building the Foundations for a Resilient [...] Full text...

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Ethiopia to host Eighth African Business Forum on Monday

12 february 2025 - 12:49:18
Cotonou, Benin(PANA) - The Eighth Africa Business Forum will be held in Addis Ababa next Monday under the theme, "From [...] Full text...

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Empowering Somalia's economy beyond remittances for long-term stability: World Bank Blog By Abdirahman Bashir Shariff and Aieshwarya Davis

12 february 2025 - 06:45:10
Mogadishu, Somalia (PANA) - When Somalia reached the HIPC (Heavily Indebted Poor Countries) completion point recently, it marked a transformative [...] Full text...

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UK fast food giant opens first store in Africa

12 february 2025 - 06:39:19
Cape Town, South Africa (PANA) – British multi-national sandwich and coffee shop franchise Pret A Manger will launch in Johannesburg [...] Full text...

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Wednesday’s exchange rates for the Tanzania Shilling

12 february 2025 - 06:37:07
Dar es Salaam, Tanzania (PANA)  - The following are the exchange rates for the Tanzania Shilling on Wednesday as issued [...] Full text...

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Reaching for the stars: ‘We know the answers’ to support women in STEM

12 february 2025 - 05:39:56
New York, US (PANA) - Science, Technology, Engineering and Mathematics (STEM) are crucial to economic growth – yet gender inequality [...] Full text...

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The Troika of technical and financial partners reaffirms its commitment to supporting Burkina Faso

11 february 2025 - 13:44:22
Ouagadougou, Burkina Faso (PANA) - The Troika of technical and financial partners (TFPs) on Tuesday reaffirmed their commitment to supporting [...] Full text...

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