Ghana FA dissolves management committee of national football team after disastrous AFCON 2025 qualifiers

21 november 2024 - 15:09:27
Accra, Ghana (PANA) - The Ghana Football Association (GFA) on Thursday announced the immediate dissolution of the management committee of [...] Full text...

thread Sports

COP29: Failure on climate finance ‘not an option’, says Guterres

21 november 2024 - 14:09:58
Baku, Azerbaijan (PANA) - UN Secretary-General António Guterres made a strong call to action as COP29 approaches its crucial conclusion [...] Full text...

thread Environment

IMF mission concludes visit to Egypt on review of Extended Fund Facility

21 november 2024 - 08:47:30
Cairo, Egypt (PANA) – Egyptian authorities and the International Monetary Fund (IMF) staff have made “substantial progress” on policy discussions [...] Full text...

thread Economy

COP29: New climate finance deal, urban challenges in spotlight at conference

21 november 2024 - 05:33:02
Baku, Azerbaijan (PANA) - As intense round-the-clock COP29 climate talks enter their final stretch in Baku, delegates on Wednesday are [...] Full text...

thread Environment

‘Breaking point’ reached on climate, while ‘outdated’ global system needs urgent reform: Guterres

20 november 2024 - 05:09:12
Rio de Janiero, Brazil (PANA) - In a powerful appeal to the world’s largest economies during the G20 Summit, UN [...] Full text...

thread Environment

COP29: Boost from Rio as G20 leaders back scaling up climate finance from ‘billions to trillions’

19 november 2024 - 17:21:19
Rio de Janeiro, Brazil (PANA) - The high-level diplomatic push for climate action shifted southward on Tuesday as G20 leaders [...] Full text...

thread Environment

Debt burden stifles development spending in Africa's poorer countries

19 november 2024 - 15:44:43
Addis Ababa, Ethiopia (PANA) - Africa’s rising debt burden is eroding funding for sustainable development in poor countries, impacting heavily [...] Full text...

thread Economy

Norway announces early pledge to IDA21 during G20 Summit in Rio de Janeiro

19 november 2024 - 07:09:14
Rio de Janeiro, Brazil (PANA) - In a significant move to bolster global development efforts, Norway has announced its early [...] Full text...

thread Economy

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

EC tops up support to Rwanda Defence Force deployment in Cabo Delgado

18 november 2024 - 10:46:48
Brussels, Belgium (PANA) – The European Council adopted on Monday a €20 million top-up to an existing assistance measure under [...] Full text...

thread Society

COP29: Putting people at the centre of climate solutions: World Bank Blog By Mamta Murthi and Juergen Voegele

18 november 2024 - 08:36:22
Luanda, Angola (PANA) -  Climate change is an urgent human crisis.  Since 2022, 400 million students worldwide have faced school [...] Full text...

thread Environment

Ahead of G20 Summit in Brazil, UN chief urges bloc to take the lead on peace, climate and other challenges

18 november 2024 - 05:33:12
Rio de Janeiro, Brazil (PANA) - The G20 group of developed economies must be at the forefront of global efforts to [...] Full text...

thread Politics

Antimicrobial Resistance conference closes with adoption of global pledges to tackle problem

17 november 2024 - 05:03:25
Jeddah, Saudi Arabia (PANA) - The 4th Global High-Level Ministerial Conference on Antimicrobial Resistance (AMR) wrapped up on Saturday with [...] Full text...

thread Health

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

COP29: Governments, industry must stop ‘lip-service’ on methane and slash emissions, says UNEP

16 november 2024 - 07:14:56
Baku, Azerbaijan (PANA) - The UN environment agency chief warned the COP29 climate summit in Baku on Friday that methane [...] Full text...

thread Environment

COP29: ‘You have every right to be angry’ Guterres tells youth advocates frustrated over lack of climate action

15 november 2024 - 06:28:20
Baku, Azerbaijan (PANA) - As negotiations over how to tackle climate change head into their fifth day in Baku, UN [...] Full text...

thread Environment

New report outlines pathways to sustainable growth in Rwanda

14 november 2024 - 07:22:54
Kigali, Rwanda – The Government of Rwanda and the World Bank  on Wednesday launched the Rwanda Country Economic Memorandum (CEM), [...] Full text...

thread Economy

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: Multilateral development banks to boost climate finance

13 november 2024 - 08:19:45
Baku, Azerbaijan (PANA) - Multilateral Development Banks (MDBs) on Tuesday issued a joint statement at COP29 in Baku outlining financial [...] Full text...

thread Environment

IMF concludes review of Morocco’s RSF arrangement, allows disbursement of US$415 million

13 november 2024 - 07:54:46
Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the second review [...] Full text...

thread Economy

COP29: Climate change is growing threat to people fleeing war, violence and persecution

13 november 2024 - 05:48:12
Baku, Azerbainan (PANA) - In a new report presented at COP29 on Tuesday, the UN refugee agency (UNHCR) said climate [...] Full text...

thread Environment

COP29: Guterres urges countries to ‘get serious’ on loss and damage funding

13 november 2024 - 05:47:56
Baku, Azerbaijan (PANA) - UN Secretary-General António Guterres called on Tuesday for countries to step up contributions to a financial [...] 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

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

How property taxes can help low-income countries to develop: IMF Blog By Martin Grote, Mario Mansour, and Jean-François Wen

12 november 2024 - 08:15:09
Lagos, Nigeria (PANA) - The world’s governments must raise an additional $3 trillion to achieve sustainable and inclusive economic growth [...] Full text...

thread Society

COP29: Push for agreement on new climate finance deal ‘right from the start’

11 november 2024 - 13:13:55
Baku, Azerbaijan (PANA) - Following another year of record-high global heat and extreme weather events, UN climate chief Simon Stiell [...] Full text...

thread Environment

Investing in health: Time for a rethink: World Bank Blog By Christoph Kurowski, Martin Schmidt and David B. Evans

09 november 2024 - 09:56:14
Washington DC, United States (PANA) – Countries are entering a critical phase in achieving the health Sustainable Development Goals (SDGs), [...] Full text...

thread Health

World’s largest urban development forum concludes with Cairo Call to Action

09 november 2024 - 05:35:36
Cairo, Egypt (PANA) - The twelfth edition of the World Urban Forum wrapped up on Friday with the adoption of [...] Full text...

thread Society

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

Adapt or perish: UN calls for urgent action at COP29 climate summit

07 november 2024 - 12:44:46
Cairo, Egypt (PANA) - Come hell or high water, nations must urgently scale up climate adaptation efforts, the UN Environment [...] Full text...

thread Environment

COP29: Leaders must commit to fair climate financing and fully phasing out fossil fuels

07 november 2024 - 07:48:37
Baku, Azerbaijan (PANA) - Leaders at COP29 must listen to demands for climate justice by putting human rights at the [...] Full text...

thread Environment

Women’s voices lead at World Urban Forum in Cairo

07 november 2024 - 05:44:25
Cairo, Egypt (PANA) - One of the main messages conveyed by women leaders, activists, young people and others gathered for [...] Full text...

thread Society

Climate action essential to Senegal’s upper-middle-income country aspiration, says new report

06 november 2024 - 09:07:30
Dakar. Senegal (PANA) - A new World Bank Group report highlights the significant economic and social benefits of climate action [...] Full text...

thread Economy

European Council adopts measures in support of Republic of Congo’s navy, Egyptian Armed Forces

06 november 2024 - 06:57:01
Brussels, Belgium (PANA) - The European Council has adopted a €5 million assistance measure under the European Peace Facility, to [...] Full text...

thread Society

EC publishes 2023 international climate finance figures

05 november 2024 - 13:07:39
Brussels, Belgium (PANA) - In 2023, the European Union and its 27 member states contributed €28.6 billion in climate finance [...] Full text...

thread Environment

COP 29: Richer countries must commit to pay at COP29 as climate change forcibly displaces millions across Africa

04 november 2024 - 11:31:56
Dakar, Senegal (PANA) - With millions of people already displaced by climate change disasters in Africa, the richer countries most [...] Full text...

thread Environment

AfDB approves $54 million loan for Mozambique’s first wind energy project

03 november 2024 - 05:38:10
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a loan of [...] Full text...

thread Economy

More than 250 million children still out of school worldwide, UNESCO reports

01 november 2024 - 06:35:25
Paris, France (PANA) - Despite decades of educational progress and international commitments, a quarter of a billion children and youth [...] Full text...

thread Society

IMF concludes reviews with Kenya

31 october 2024 - 08:19:16
Washington, DC,US (PANA) - The Executive Board of the International Monetary Fund (IMF) concluded today the seventh and the eighth [...] Full text...

thread Economy

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

Japan signs $1 billion portfolio guarantee with World Bank

26 october 2024 - 07:34:07
Washington, DC, United States (PANA) - Japan signed a $1 billion portfolio guarantee agreement on Friday that will scale up [...] Full text...

thread Economy

IMF Managing Director outlines global policy agenda

25 october 2024 - 11:09:16
Washington, DC, United States (PANA) - The global economy is in danger of getting stuck on a low-growth, high-debt path, [...] Full text...

thread Economy

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

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

New scorecard promotes better results with greater transparency and accountability: World Bank Blog By Elena Bourganskaia, Ed Mountfield and Ethiopis Tafara

23 october 2024 - 09:21:05
Washington, DC, United States (PANA) - A year ago, at our Annual Meetings in Marrakech, Morocco, we announced an ambitious [...] Full text...

thread Society

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

IMF staff urge strong governance, speedy reforms for inclusive growth in Madagascar

19 october 2024 - 09:42:53
Antananarivo, Madagascar (PANA) - Strengthening governance and accelerating reforms to bolster resilience to climate shocks and attract climate finance for [...] 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 team assesses Senegal’s finance inspectorate reports

17 october 2024 - 12:26:35
Dakar, Senegal (PANA) - An International Monetary Fund (IMF) staff team has started assessing in Senegal the implications of the [...] Full text...

thread Economy

Zambia’s drought impact stuns IMF staff team

17 october 2024 - 12:08:39
Lusaka, Zambia (PANA) – Drought has caused a greater than anticipated economic impact in Zambia due to the intense electricity [...] Full text...

thread Economy

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

The Chief Economists of Government Network supporting the role of Africa’s chief economic advisors: World Bank Blog By Trudi Makhaya

15 october 2024 - 06:58:53
Lusaka, Zambia (PANA) - Today’s political chief executive is expected to play a significant role in driving economic policy. Heads [...] Full text...

thread Society

UN climate change conference: EU calls for efforts to keep the 1.5°C goal within reach

15 october 2024 - 06:31:43
Brussels, Belgium (PANA) – The European Council on Monday approved conclusions that will serve as the EU’s general negotiating position [...] Full text...

thread Environment

UN Biodiversity Convention: EU reaffirms global pledge to protect a third of the planet by 2030

14 october 2024 - 16:38:47
Brussels, Belgium (PANA) – The European Council on Monday approved conclusions in view of the Conference of Parties on the [...] Full text...

thread Environment

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

AfDB, AFD cement partnership to support youth entrepreneurship in Africa

13 october 2024 - 05:11:55
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank Group and Agence Française de Développement (AFD) have announced they would [...] Full text...

thread Economy

Sierra Leone needs fiscal consolidation measures to ensure sustainable economic environment: WB report

11 october 2024 - 06:22:46
Freetown, Sierra Leone (PANA) - Sierra Leone's economy grew by 5.7% in 2023, exceeding expectations, driven by strong performance in [...] Full text...

thread Economy

Why women risk losing out in shift to green jobs: IMF Blog By tefania Fabrizio, Florence Jaumotte, and Marina M. Tavares

08 october 2024 - 07:01:27
Washington, DC, United States (PANA) - Men hold about 70 percent of the world’s polluting jobs, so one might think [...] Full text...

thread Economy

IMF, WB, WHO step up cooperation on pandemic preparedness

06 october 2024 - 05:59:49
Washington, DC, US (PANA) - The Heads of the International Monetary Fund (IMF), the World Bank Group (WBG), and the [...] Full text...

thread Health

Expensive farm inputs, insecurity in producing regions, high transport costs impact grain yields in Nigeria

04 october 2024 - 08:26:34
Lagos, Nigeria (PANA) - Imports of wheat, rice, and maize marketing in year 2024/25 are estimated to increase as the [...] Full text...

thread Agriculture

US, Gabon commit to enhance cooperation

04 october 2024 - 07:11:09
Washington, DC, US (PANA) - The United States of America and Gabon have expressed their commitment to enhance cooperation as they [...] Full text...

thread Politics

At Global Citizen Festival, UN deputy chief urges action to achieve development goals

01 october 2024 - 06:03:33
New York, US (PANA) -  UN Deputy Secretary-General Amina Mohammed told thousands gathered in New York’s Central Park on Saturday [...] Full text...

thread Society

Djibouti's economy shows strong growth in 2023 despite fiscal challenges

30 september 2024 - 10:19:49
Djibouti, Djibouti (PANA) - Djibouti’s economy achieved an impressive rebound in 2023, outperforming forecasts with GDP growth estimated at 6.7 [...] Full text...

thread Economy

$1.5 billion commitment for education and skills training in lower-middle-income countries

27 september 2024 - 05:59:41
New York, US (PANA) - A new $1.5 billion investment, announced on Thursday, will boost education and skills development for [...] Full text...

thread Society

Libyan legislative chambers sign agreement on Central Bank crisis

26 september 2024 - 10:42:21
Tripoli, Libya (PANA) - The United Nations Support Mission in Libya (UNSMIL) has announced that an official signing ceremony of [...] Full text...

thread Politics

Stop global warming to turn the tide on sea level rise: UN Assembly President

26 september 2024 - 05:54:04
New York, US (PANA) - With global sea level rising faster than at any time over the last 3,000 years, [...] Full text...

thread Environment

Guterres urges world leaders to 'stay committed' to UN development goals

25 september 2024 - 05:53:12
New York, US (PANA) - UN Secretary-General António Guterres called on Tuesday for finance, climate action and peace to achieve [...] Full text...

thread Politics

World Bank report emphasises urgent need for Zambia to boost revenue mobilisation

24 september 2024 - 07:55:34
Lusaka, Zambia (PANA) - A new Public Finance Review (PFR) report has stressed the urgent need for Zambia to boost [...] Full text...

thread Economy

Denmark announces 40% increase in pledge to World Bank’s IDA

24 september 2024 - 07:37:38
New York, United States (PANA) - Denmark on Monday announced its early, significantly increased financial commitment to the World Bank’s [...] Full text...

thread Economy

WHO and Multilateral Development Banks kick off US $1.5 billion primary health financing platform

23 september 2024 - 20:50:32
New York, US (PANA) - Execution is starting under the new Health Impact Investment Platform on the first country health [...] Full text...

thread Society

World Bank approves US$90 million additional financing for Djibouti regional economic corridor

21 september 2024 - 08:32:33
Djibouti, Djibouti (PANA) - The World Bank’s Board of Directors has approved US$90 million in additional financing for the Horn if [...] Full text...

thread Economy

UNAIDS: Rising debt in sub-Saharan Africa costing lives

20 september 2024 - 06:05:03
New York, US (PANA) - A report by UNAIDS has detailed how debt crisis is jeopardising progress aimed at ending [...] Full text...

thread Health

Benin prepares 2025 budget in compliance with WAEMU fiscal norm

12 september 2024 - 12:42:03
Cotonou, Benin (PANA) - Benin’s authorities have started crafting the 2025 budget, targeting compliance with the West African Monetary Union [...] 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

US Department of State hosts inaugural U.S.-Nigeria Strategic Energy Dialogue

11 september 2024 - 05:54:20
Washington, DC, US (PANA) - the US Bureau of Energy Resources (ENR) Assistant Secretary Geoffrey R. Pyatt, will lead the [...] Full text...

thread Economy

World Bank group regional vice president, IFC vice president to  visit Gambia

10 september 2024 - 15:46:18
Banjul, Gambia (PANA) - The World Bank Vice President for Western and Central Africa, Ousmane Diagana, and the International Finance Corporation [...] Full text...

thread Economy

AfDB launches 60th birthday festivities

10 september 2024 - 11:38:27
Abidjan, Cote, d'Ivoire (PANA) - The President and Chairman of the Boards of Directors of the African Development Bank (AfDB) [...] Full text...

thread Economy

UN leads search for synergy on climate and development

07 september 2024 - 05:44:45
New York, US (PANA) - Governments, experts and civil society representatives met in Brazil this week for a UN-backed conference [...] Full text...

thread Environment

UN chief Guterres underlines support for China-Africa partnership

05 september 2024 - 13:03:22
Beijing, China (PANA) - Joint efforts by China and Africa can spark new momentum for development on the continent, UN [...] Full text...

thread Economy

South Africa attends African Ministerial Conference on Environment

05 september 2024 - 11:27:34
Cape Town, South Africa (PANA) – South Africa’s Minister of Forestry, Fisheries and the Environment, Dr Dion George, is participating [...] Full text...

thread Environment

More than 400 million students affected by climate-related school closures since 2022

05 september 2024 - 08:50:53
Washington DC, United States (PANA) -  A staggering 400 million students globally experienced school closures from extreme weather since 2022, [...] Full text...

thread Environment

World Bank appoints new country director for Kenya, Rwanda, Somalia, and Uganda

03 september 2024 - 08:03:49
Nairobi, Kenya (PANA) - The World Bank has appointed Mr. Qimiao Fan as the new Country Director for Kenya, Rwanda, [...] Full text...

thread Economy

Financial sector at crossroads in emerging markets: Climate risks and financing gaps demand action

30 august 2024 - 06:55:38
Washington, DC, United States (PANA) -  In almost 60% of banks in Emerging Market and Developing Economies (EMDEs), lending for [...] Full text...

thread Economy

IMF approves US$7.3 million disbursement to Guinea Bissau

29 august 2024 - 12:31:51
Bissau, Guinea Bissau (PANA) – The International Monetary Fund (IMF) has allowed an immediate disbursement of US$7.3 million to help [...] Full text...

thread Economy

The catalyst to unleash women’s economic potential in Africa – Childcare: World Bank Blog By Irene Fernandez Gorostidi, Sara Troiano and Adaorie Felicia Osademey Udechukwu

23 august 2024 - 07:37:51
Dar es Salaam, Tanzania (PANA) - Female labour force participation is generally high in most African countries but unpaid work, [...] Full text...

thread Society

Mozambique makes great strides towards Early Warnings for All

23 august 2024 - 05:38:34
Maputo, Mozambique (PANA) - Mozambique is playing a leading role in a UN-led global initiative to ensure that all people [...] Full text...

thread Environment

Bridging the financing gap: Achieving Education for All in Zambia: World Bank Blog By Samer Al-Samarrai, Girma Woldetsadik and Joseph Simumba

22 august 2024 - 07:46:56
Lusaka, Zambia (PANA) - The government of Zambia has laid out an ambitious plan to universalize primary and secondary education. [...] Full text...

thread Society

UN releases draft blueprint for new universal tax accord

18 august 2024 - 05:30:17
Geneva, Switzerland (PANA) - The global tax system needed reform, and the UN answered the call on Friday with a [...] Full text...

thread Economy

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

AfDB approves $40m Trade Finance Transaction Guarantee Facility to Ethiopia’s Dashen Bank

10 august 2024 - 05:47:28
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a $40 [...] Full text...

thread Economy

UN rights chief ‘shocked and appalled’ by Israeli minister’s comment on starving Gazans to death

09 august 2024 - 16:40:57
Geneva, Switzerland (PANA) - The UN human rights office, OHCHR, called on Friday for the Israeli authorities to monitor senior [...] Full text...

thread Society

Africa LEADS: Integrating knowledge and operations for a better Bank: World Bank Blog By Arianna Legovini, Sutayut Osornprasop, Aidan Coville and Shane Romig

09 august 2024 - 09:15:51
Cape Town, South Africa (PANA) - Imagine a life without electricity to light up your home, clean water to drink [...] Full text...

thread Society

Bold fiscal reforms can unlock Cameroon’s full potential

06 august 2024 - 16:47:46
Yaoundé, Cameroon (PANA) -   The World Bank on Tuesday launched two flagship economic reports: the 2024 Cameroon Economic Update and [...] Full text...

thread Economy

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

World Bank backs Ethiopia's reforms to promote sustainable, inclusive growth, take climate action

31 july 2024 - 08:46:38
Washington, DC, United States (PANA) - The World Bank’s Board of Executive Directors on Tuesday approved the Ethiopia First Sustainable [...] Full text...

thread Economy

Somalia taps World Bank support to promote economic resilience

31 july 2024 - 07:50:28
Mogadishu, Somalia (PANA) - The World Bank’s Board of Executive Directors has approved Development Policy Financing (DPF) that introduces for [...] 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

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

Maximising returns to human capital in Mauritania for increased wealth, shared prosperity

26 july 2024 - 11:20:08
Nouakchott, Mauritania (PANA) - The World Bank on Friday released the seventh edition of its Economic Update for Mauritania, which [...] Full text...

thread Economy

CAR faces tough socioeconomic situation in governance reforms: IMF

25 july 2024 - 09:56:53
Bangui, CAR (PANA) – Despite the particularly difficult socioeconomic context and significant financing needs, Central African Republic (CAR) continues to [...] Full text...

thread Economy

Fight against global hunger set back 15 years, warns UN report

24 july 2024 - 17:58:06
Rome, Italy (PANA) - Progress fighting global hunger has been set back 15 years, leaving around 733 million people going [...] Full text...

thread

A low-growth world is an unequal, unstable world (By Kristalina Georgieva, IMF Managing Director)

24 july 2024 - 09:20:08
Washington, DC, United States (PANA) - The global economy is stuck in low gear, which could deal a major blow [...] 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

AfDB grants DRC $260 million loan to strengthen agricultural sector

19 july 2024 - 05:47:57
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a loan of [...] Full text...

thread Agriculture

Tripoli Migration Forum calls for greater cooperation and solidarity to find global solutions

18 july 2024 - 14:56:22
Tripoli, Libya (PANA) - The Trans-Mediterranean Migration Form  came to an end on Wednesday evening in the Libyan capital, Tripoli, [...] Full text...

thread Politics

New UNDP report highlights climate action opportunities in Africa

18 july 2024 - 05:17:07
Nairobi, Kenya (PANA) - The UN Development Programme (UNDP) on Wednesday launched the third edition of its Africa Investment Report [...] Full text...

thread Economy

IMF Deputy Managing Director Antoinette Sayeh to retire from the Fund

17 july 2024 - 19:16:07
Washington, DC, United States (PANA) - International Monetary Fund (IMF) Managing Director, Kristalina Georgieva announced on Wednesday that Deputy Managing [...] Full text...

thread Society

European Council agrees its position on EU 2025 draft budget

17 july 2024 - 18:08:55
Brussels, Belgium (PANA) – The European Council on Wednesday reached an agreement on its position on the 2025 EU draft [...] Full text...

thread Economy

UN deputy chief visits West Africa to review SDG challenges

17 july 2024 - 06:52:28
Dakar, Senegal (PANA) - UN Deputy Secretary-General Amina Mohammed arrived in Senegal on Tuesday, the first stop on a mission [...] Full text...

thread Politics

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

Stakeholders conclude key AfDB workshop on Connectivity Portal

16 july 2024 - 06:40:08
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has concluded a two-day preparatory workshop on implementing the African [...] Full text...

thread Economy

UN remembers Nelson Mandela’s commitment to fight poverty and inequity

15 july 2024 - 18:59:09
New York, US (PANA)  - The UN paid tribute on Monday to the life and legacy of the first democratically [...] Full text...

thread Politics

European Council adopts measures in support of Beninese Armed Forces

15 july 2024 - 11:31:57
Brussels, Belgium (PANA) – The European Council (EC) on Monday adopted an assistance measure worth €5 million under the European [...] Full text...

thread Society

Senior US diplomat visits Ghana, Gabon, Senegal

15 july 2024 - 05:14:51
Washington, DC, US (PANA) - US Deputy Secretary of State Kurt Campbell has emarked on visits to Ghana, Gabon and [...] Full text...

thread Politics

UN unveils project to connect every school to the Internet by 2030

14 july 2024 - 05:52:04
Geneva, Switzerland (PANA) - Around one-third of humanity lacks Internet access but this is all set to change thanks to [...] Full text...

thread Society

Emerging markets show resilience despite global monetary tightening: IMF Blog By Cian Allen and Rudolfs Bems

13 july 2024 - 11:18:44
Washington, DC, United States (PANA) - Interest rates in the United States are at 20-year highs and the dollar has [...] Full text...

thread Economy

World Bank supports Botswana to enhance renewable energy, improve electricity services

13 july 2024 - 07:36:28
Gaborone, Botswana (PANA) - The World Bank’s Board of Directors has approved its first lending operation supporting renewable energy development [...] Full text...

thread Economy

UN Trade and Development calls for sustainable and equitable strategies to mitigate digital economy’s growing environmental impact

12 july 2024 - 19:07:48
Geneva, Switzerland (PANA) - A global shift towards circularity focusing on responsible production and consumption is crucial to making the [...] Full text...

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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

Kenyan President dissolves cabinet after finance bill riots

12 july 2024 - 00:20:34
Nairobi, Kenya (PANA) - Kenyan President William Ruto dissolved his Cabinet on Thursday, weeks after a political crisis which began [...] Full text...

thread Politics

World Bank opens fiscal year 2025 funding programme with GBP 750 million 7-year benchmark

11 july 2024 - 07:02:02
Washington, D.C., United States (PANA) - The World Bank has priced a 7-year British pound sterling (GBP) benchmark bond due [...] 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

US 'deeply concerned' about minerals supply chains from Rwanda and eastern DRC contributing to ongoing conflict

09 july 2024 - 17:31:49
Washington, DC, US (PANA) - The US said in Tuesday that it is “deeply concerned” by the ongoing conflict in [...] Full text...

thread Politics

South African economist lands top post at BRICS-owned bank

09 july 2024 - 08:27:36
Cape Town, South Africa (PANA) – Leading South African economist Monale Ratsoma has been appointed vice-president and chief financial officer (CFO) [...] Full text...

thread Economy

Guinea-Bissau implements IMF’s general data dissemination system

09 july 2024 - 07:17:47
Washington, DC, United States (PANA) - With the successful launch of a new data portal—the National Summary Data Page — [...] 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

Preserving the Congo Basin forest: Game changer for Africa and the world: World Bank Blog By Cheick Fantamady Kanté

05 july 2024 - 07:16:34
Brazzaville, Congo (PANA) - As African leaders convene in Brazzaville to discuss the forest agenda, it is crucial to reflect [...] Full text...

thread Environment

UN chief to leaders of regional bloc: end wars, deal with existential crises

04 july 2024 - 15:15:26
Astana, Kazakhstan (PANA) - Deep global divisions and conflicts must end to clear a path to tackling world’s two existential [...] Full text...

thread Society

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

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

IMF, World Bank Group announce Joint Bretton Woods at 80 initiative

02 july 2024 - 07:04:38
Washington, DC, United States (PANA) - In recognition of the 80th anniversary of the United Nations Monetary and Financial Conference [...] Full text...

thread Society

Three senior Libyan officials support efforts to organize elections in Libya

01 july 2024 - 13:55:00
Tripoli, Libya (PANA) - The chairman of the Libyan Presidential Council, Mohamed Al-Manfi, the Prime Minister of the Government of [...] Full text...

thread Politics

World Bank Group appoints Senegalese Fatou Fall as joint Resident Representative for Djibouti

01 july 2024 - 08:51:09
Djibouti, Djibouti (PANA) - Starting Monday, Fatou Fall becomes the Joint Resident Representative of the World Bank Group for Djibouti.“This [...] Full text...

thread Society

AfDB, JICA align priorities ahead of TICAD9 summit

01 july 2024 - 07:43:52
Tokyo, Japan (PANA) - The African Development Bank (AfDB) Group and the Japan International Cooperation Agency (JICA) have underscored the [...] Full text...

thread Economy

World getting a ‘failing grade’ on Global Goals report card

29 june 2024 - 05:54:52
New York, US (PANA) - With just six years remaining to reach the Sustainable Development Goals (SDGs), global progress is [...] Full text...

thread Politics

IMF Executive Board completes second review under Extended Credit Facility Arrangement with Ghana

29 june 2024 - 05:32:55
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Friday completed the second review [...] Full text...

thread Economy

IMF concludes 2024 Article consultation with Benin

28 june 2024 - 11:36:18
Washington, DC, USA (PANA) - The Executive Board of the International Monetary Fund (IMF) has concluded the 2024 Article IV [...] Full text...

thread Economy

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

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

Uganda should improve public spending on health for a more productive population

27 june 2024 - 13:58:38
Kampala, Uganda (PANA) - Economic activity in Uganda has remained resilient despite multiple successive shocks, with real gross domestic product [...] Full text...

thread Health

Sovereign debt restructuring process improving amid cooperation and reform: IMF Blog By Ceyla Pazarbasioglu

27 june 2024 - 10:23:36
Washington, DC, United States (PANA) - The global economy avoided what could have been a systemic debt crisis during the [...] Full text...

thread Economy

Kenyans brace themselves for more protests despite President Ruto's U-turn on Finance Bill

27 june 2024 - 10:19:27
Nairobi, Kenya (PANA) - Kenyans are bracing themselves for another wave of protests on Thursday despite President William Ruto withdrawing [...] Full text...

thread Politics

IMF, US State Department express concern about bloody Kenya riots

27 june 2024 - 06:27:42
Washington, DC, United States (PANA) - The International Monetary Fund (IMF) and US Department of State have expressed concern about [...] 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

Remittances slowed in 2023, expected to grow faster in 2024: WB report

26 june 2024 - 18:03:31
Washington, DC, United States (PANA) - After a period of strong growth during 2021-2022, officially recorded remittance flows to low- [...] Full text...

thread Economy

Update Kenya Bill: Kenyan President withdraws contentious Finance Bill, cuts State House budget

26 june 2024 - 17:35:46
Nairobi, Kenya (PANA) - Kenyan President William Ruto withdrew the contentious Finance Bill 2024 on Wednesday and agreed to reduce [...] 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

Death toll in Kenya tax protests up to 13, according to medics

26 june 2024 - 11:46:56
Nairobi, Kenya (PANA) - At least 13 people were killed when police clashed with protesters who stormed Parliament against a [...] Full text...

thread Politics

Security Council says regional crisis deepens as Gaza war grinds on

26 june 2024 - 05:53:11
New York, US (PANA) - While the situation in Gaza remains catastrophic, ongoing Israeli settlement expansion and escalating violence in [...] Full text...

thread Society

Kenya deploys military to deal with tax protests

25 june 2024 - 21:26:45
Nairobi, Kenya (PANA) - The Kenya Defence Forces (KDF) has been deployed to respond to a national tax protest, which [...] Full text...

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Kenyan President vows 'full, expeditious' response to protests that claim at least five lives

25 june 2024 - 19:36:31
Nairobi, Kenya (PANA) - Kenyan President William Ruto on Tuesday vowed a “full, expeditious response” to Tuesday's protests in the [...] Full text...

thread Politics

Mapping the world's readiness for Artificial Intelligence shows prospects diverge: IMF Blog By Giovanni Melina

25 june 2024 - 18:35:05
Washington, DC, United States (PANA) - Artificial intelligence can increase productivity, boost economic growth, and lift incomes. However, it could [...] Full text...

thread Sciences

2nd Update: At least five killed in Kenya protests against tax hikes, military deployed

25 june 2024 - 18:04:37
Nairobi, Kenya (PANA) - Police on Tuesday shot dead at least five people as protesters stormed Parliament in Nairobi against [...] Full text...

thread Politics

Kenya Gen Z protesters storm Parliament after bill passed

25 june 2024 - 15:39:59
Nairobi, Kenya (PANA) - Youth protestors stormed Parliament on Tuesday after a heavy battle with the Police, shortly after the [...] Full text...

thread Politics

Kenya authorities considering internet shutdowns over youth protest - CSOs

24 june 2024 - 18:24:23
Nairobi, Kenya (PANA) - Kenyan authorities plan to implement an internet shutdown and media disruptions to deal with a youth [...] Full text...

thread Politics

EU, member states remain leading ODA global provider

24 june 2024 - 11:44:05
Brussels, Belgium (PANA) - The EU and its Member States have maintained their position as the largest global provider of [...] Full text...

thread Society

EC adopts first ever assistance measure to support Kenya Defence Forces

24 june 2024 - 11:11:17
Brussels, Belgium (PANA) – The European Council on Monday adopted an assistance measure under the European Peace Facility worth €20 [...] Full text...

thread Society

'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

IMF approves US$337 million from ECF and US$321 million of RSF for Madagascar

22 june 2024 - 12:16:27
Antananarivo, Madagascar (PANA) – The Executive Board of the International Monetary Fund (IMF) on Friday approved a 36-month arrangement under [...] Full text...

thread Economy

Madagascar: First country to benefit from Enhanced Cooperation Framework for Scaled-Up Climate Action

22 june 2024 - 10:58:49
Washington, DC, United States (PANA) - The World Bank Group (WBG) and International Monetary Fund (IMF) have announced that the [...] Full text...

thread Environment

Easing Guinea’s food insecurity: IMF’s Food Shock Window By Pilar Garcia Martinez, Joseph Ntamatungiro, and Neree Noumon

21 june 2024 - 15:42:02
Conakry, Guinea (PANA) - IMF emergency financing has supported Guinea’s efforts to cope with the effects of macroeconomic shocks, underpinned [...] Full text...

thread Agriculture

WBG launches academy to transform knowledge agenda

21 june 2024 - 08:27:52
Washington, DC, US (PANA) — A new World Bank Group (WBG) platform – the WBG Academy – launched on Thursday [...] Full text...

thread Economy

Enhancing inclusive growth and resilience with support to Uganda’s development-focused refugee approach: World Bank Blog

21 june 2024 - 07:17:02
Kampala, Uganda (PANA) - Uganda is hosting the largest refugee population in Africa and has gained international recognition for its [...] Full text...

thread Society

Global foreign investment declines for second year as geopolitical tensions rise, UN trade body reports

21 june 2024 - 06:57:36
Geneva, Switzerland (PANA) - Foreign direct investment (FDI) fell by two per cent to $1.3 trillion in 2023 amid global [...] Full text...

thread Economy

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

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

Mass arrests in Kenya as police break tax protests

18 june 2024 - 17:05:27
Nairobi, Kenya (PANA) - Police in Kenya threw a security cordon around Parliament buildings in Nairobi on Tuesday, as the [...] Full text...

thread Politics

Ethiopia's first commercial gold mine to begin production in 2026

18 june 2024 - 15:34:19
Addis Ababa, Ethiopia (PANA) - Preparatory work has begun at Ethiopia's first commercial gold mine, the Tulu Kapi Gold Project, [...] Full text...

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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

New WB financing for Nigeria’s inclusive growth, revenue diversification

14 june 2024 - 10:22:12
Abuja, Nigeria (PANA) – The World Bank on Thursday approved two operations: $1.5 billion for the Nigeria Reforms for Economic [...] Full text...

thread Economy

AfDB, Ethiopia launch $94 million project to boost Climate Resilient Wheat

13 june 2024 - 12:10:56
Addis Ababa, Ethiopia (PANA) - The African Development Bank (AfDB) Group and the government of Ethiopia, in partnership with the [...] Full text...

thread Agriculture

AfDB approves $8.6 million grant to boost non-oil revenue mobilisation in South Sudan

13 june 2024 - 11:23:00
Juba, South Sudan (PANA) - The African Development Bank (AfDB) is providing additional financial support to enable South Sudan to [...] Full text...

thread Agriculture

AfDB strengthens capacity of fragile states on debt management

13 june 2024 - 10:36:49
Addis Ababa, Ethiopia (PANA) - The African Development Bank (AfDB) Group has launched a series of training programmes to support [...] Full text...

thread Economy

Africa fertilizer financing Mechanism to launch fertilizer financing scheme in Mozambique

13 june 2024 - 10:22:22
Maputo, Mozambique  (PANA) - The Africa Fertilizer Financing Mechanism  will launch the Fertilizer Financing for Sustainable Agriculture Management Project on [...] Full text...

thread Agriculture

Guterres highlights ‘unique level of destruction’ in Gaza ahead of G7 summit

13 june 2024 - 06:18:59
Geneva, Switzerland (PANA) - UN Secretary-General António Guterres reiterated his solidarity with the people of Gaza and the global body’s [...] Full text...

thread Society

IMF team, Kenya reach staff-level deal on reviews of EFF, ECF arrangements

12 june 2024 - 10:21:16
Nairobi, Kenya (PANA) - Kenya’s economic growth recovered in 2023 with real GDP growing by 5.6 percent, supported by a [...] Full text...

thread Economy

Burkina Faso: When public treasury enters the age of digital payments: World Bank Blog By Maimouna Gueye and Tenin Fatimata Dicko

11 june 2024 - 12:24:46
Ouagadougou, Burkina Faso (PANA) - Ms. Idani has worked at the Treasury for several years and is going on an [...] Full text...

thread Economy

Libyan, Chinese officials review results of Economic Forum

07 june 2024 - 19:33:38
Tripoli, Libya (PANA) - The Libyan Minister of Local Government in the Government of National Unity and Chairman of the [...] Full text...

thread Politics

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

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 reaches staff-level deal on third review of Zambia’s ECF

05 june 2024 - 13:52:47
Lusaka, Zambia (PANA) - The International Monetary Fund (IMF) and Zambia have reached a staff-level agreement on economic policies and [...] Full text...

thread Economy

Financiers for Ghana’s new Ship Repair Dock Project

05 june 2024 - 10:43:54
Accra, Ghana (PANA) - A consortium, including the African Development Bank (AfDB), has signed an agreement to extend $94 million [...] Full text...

thread Economy

As IMF turns 80, mounting global challenges mean world must work together: IMF Blog By By Gita Bhat

04 june 2024 - 13:41:42
Washington DC, USA (PANA) –  As IMF turns 80, mounting global challenges mean world must work together. Our biggest challenges—from [...] Full text...

thread Economy

AfDB approves $117 billion general callable capital Increase

03 june 2024 - 12:29:10
Nairobi, Kenya (PANA) - The Board of Governors of the African Development Bank (AfDB) Group has approved a $117 billion [...] Full text...

thread Economy

IMF, Niger reach staff-level deal on reviews of ECF and RSF

01 june 2024 - 18:05:10
Niamey, Niger (PANA) - With the economic outlook promising over the near and medium term, the International Monetary Fund (IMF) [...] Full text...

thread Economy

World Bank Group and IMF deepen joint effort to scale up climate action

01 june 2024 - 08:35:56
Washington, DC, USA (PANA) - The World Bank Group (WBG) and the International Monetary Fund (IMF) are deepening their cooperation [...] Full text...

thread Environment

AfDB stresses need for responsible, innovative solutions for African debt management

01 june 2024 - 07:56:51
Nairobi, Kenya (PANA) - It is essential to find innovative solutions for managing the debt of African countries, taking proactive [...] Full text...

thread Economy

World Bank assists Kenya to ease short-term fiscal pressures

31 may 2024 - 10:07:18
Nairobi, Kenya (PANA) - The World Bank has approved new funding to help Kenya address short-term fiscal pressures and simultaneously [...] Full text...

thread Economy

EC adopts package of rules on anti-money laundering

30 may 2024 - 10:39:08
Brussels, Belgium (PANA) – The European Council on Thursday adopted a package of new anti-money-laundering rules that will protect European [...] Full text...

thread Society

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

Chairman of Libyan Council calls for unified African position in favour of reform of global financial system

29 may 2024 - 18:58:20
Tripoli, Libya (PANA) - The chairman of the Libyan Presidential Council, Mohamed Al-Manfi, has stressed the importance of African Union [...] Full text...

thread Politics

Guinea-Bissau: Blockchain Platform to strengthen wage bill management goes live

29 may 2024 - 18:28:25
Bissau, Guinea-Bissau (PANA) - Guinea-Bissau stands up as one of the first countries in sub-Saharan Africa to use blockchain digital [...] Full text...

thread Economy

WHO’s investment case launch draws expressions of support, pledges to sustainably finance four-year strategy

28 may 2024 - 18:41:08
Geneva, Switzerland (PANA) – The World Health Organisation (WHO) on Tuesday launched an investment case that lays out the Organisation’s [...] Full text...

thread Health

WHO launches first Investment Round to sustainably finance its Health for All mandate

27 may 2024 - 06:57:37
Geneva, Switzerland (PANA) - The World Health Organisation (WHO) launched its first-ever Investment Round on Sunday as part of a [...] Full text...

thread Health