COP29: Draft deal proposes wealthy nations give $250 billion in climate finance
23 november 2024 - 05:07:03Baku, Azerbaijan (PANA) - A new draft finance deal delivered to harried negotiators in Baku on Friday – the final [...] Full text...
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Breaking news
- Agriculture
AfDB approves €24 million loan to Côte d’Ivoire to improve fisheries and aquaculture sectors
- Culture
Senior US diplomat participates in Dakar Biennale
- Economy
US, Mauritania hold energy security dialogue
- Environment
Global plastics treaty: UN experts call for centrality of human rights
- Gender
One in three women experiences gender-based violence
- Health
Mpox outbreak still public health emergency of international concern - WHO
- Politics
Ugandan Military Court to try opposition leader Besigye
- Press Review
Lessons of Hamas operation against Israel, - Libyan newspaper,
- Sciences
The promise and peril of runaway technological advances
- Social
Libya chairs Arab discussion group at mine action session
- Society
2024 deadliest year ever for aid workers, UN humanitarian office reports
- Sports
2024 CAF Women’s AFCON: Group pairings revealed after draw
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Baku, Azerbaijan (PANA) - A new draft finance deal delivered to harried negotiators in Baku on Friday – the final [...] Full text...
IMF, Comoros reach staff-level agreement on third review of ECF arrangement
16 november 2024 - 10:25:28Moroni, Comoros (PANA) - Comorian authorities and International Monetary Fund (IMF) staff have reached a staff-level agreement on economic policies [...] Full text...
thread Economy
COP29: World Bank expands lifeline to small States hit by disasters
13 november 2024 - 08:16:53Baku, Azerbaijan (PANA) - The World Bank Group has expanded its lifeline to countries struggling to rebuild from disasters, allowing [...] Full text...
thread Environment
IMF, Guinea Bissau reach staff-level deal on review of ECF arrangement
08 november 2024 - 07:47:03Bissau, Guinea Bissau (PANA) – The International Monetary Fund (IMF) and Guinea Bissau have reached staff-level agreement on economic policies [...] Full text...
thread Economy
COP29: Leaders must commit to fair climate financing and fully phasing out fossil fuels
07 november 2024 - 07:48:37Baku, Azerbaijan (PANA) - Leaders at COP29 must listen to demands for climate justice by putting human rights at the [...] Full text...
thread Environment
Climate action essential to Senegal’s upper-middle-income country aspiration, says new report
06 november 2024 - 09:07:30Dakar. Senegal (PANA) - A new World Bank Group report highlights the significant economic and social benefits of climate action [...] Full text...
thread Economy
EC publishes 2023 international climate finance figures
05 november 2024 - 13:07:39Brussels, Belgium (PANA) - In 2023, the European Union and its 27 member states contributed €28.6 billion in climate finance [...] Full text...
thread Environment
Spain announces early commitment of €400 million to IDA, nearly 40% increase in pledge
24 october 2024 - 17:55:28Washington, 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 - 14:35:56Washington DC, United States (PANA) - The World Bank Group on Thursday took the first steps toward implementing Gender Strategy [...] Full text...
thread Gender
IMF team assesses Senegal’s finance inspectorate reports
17 october 2024 - 12:26:35Dakar, Senegal (PANA) - An International Monetary Fund (IMF) staff team has started assessing in Senegal the implications of the [...] Full text...
thread Economy
IMF staff completes 2024 Article IV Consultation Mission to Chad
16 october 2024 - 10:56:27N’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
Poorest economies face toughest conditions in two decades
14 october 2024 - 07:49:01Washington, DC, United States (PANA) - The world’s 26 poorest economies—home to about 40 percent of all people who live [...] Full text...
thread Economy
Kenya Parliament debates motion to impeach Deputy President
08 october 2024 - 14:51:57Nairobi, Kenya (PANA) - Kenyan Members of Parliament began debating the special motion to remove Deputy President Rigathi Gachagua from [...] Full text...
thread Politics
Djibouti's economy shows strong growth in 2023 despite fiscal challenges
30 september 2024 - 10:19:49Djibouti, 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 - 05:59:41New York, US (PANA) - A new $1.5 billion investment, announced on Thursday, will boost education and skills development for [...] Full text...
thread Society
IMF approves 40-month US$210 million ECF for Liberia
26 september 2024 - 10:06:01Monrovia, Liberia (PANA) - The Board of the International Monetary Fund (IMF) has approved US$210 million as an Extended Credit [...] Full text...
thread Economy
WHO and Multilateral Development Banks kick off US $1.5 billion primary health financing platform
23 september 2024 - 20:50:32New York, US (PANA) - Execution is starting under the new Health Impact Investment Platform on the first country health [...] Full text...
thread Society
IMF underlines wise spending of public revenue in Lesotho
12 september 2024 - 12:01:39Maseru, Lesotho (PANA) - Lesotho’s GDP growth has improved modestly, picking up to 2.2 percent in the fiscal year ending [...] Full text...
thread Economy
Rwanda’s 200,000 youths to benefit from IDA funded skills development programme
11 september 2024 - 10:22:14Kigali, Rwanda (PANA) - The World Bank has approved new funding to empower and build the skills of more than [...] Full text...
thread Society
Strengthening fiscal resilience in small states: World Bank Blog By Sam Hill and Jeetendra Khadan
04 september 2024 - 12:05:32Washington DC, United states (PANA) - Small states, those with a population of 1.5 million or less, face significant fiscal [...] Full text...
thread Economy
Egypt’s cane sugar production drops
23 august 2024 - 07:14:37Cairo, Egypt (PANA) - Egypt’s sugar production in marketing year 2024/25 (October to September) is forecast to reach 2.6 million [...] Full text...
thread Agriculture
Lessons from Zambia: Improving sanitation through planning, awareness-building, and collaboration: World Bank Blog By Francis Ghesquiere and Ai-Ju Huang
22 august 2024 - 11:40:32Lusaka, Zambia (PANA) - We’re excited to share lessons from our recent work on the Lusaka Sanitation Project in Zambia [...] Full text...
thread Health
Links between weak governance and unsustainable debt in IMF loan programmes require action
14 august 2024 - 14:52:00Washington, DC, United States (PANA) – A new white paper from Transparency International U.S. (“TI US”) examines links between weak [...] Full text...
thread Society
Helping female-led firms in Ethiopia become more resilient in turbulent times: World Bank Blog By Lauren Marino and Sophia Friedson-Ridenour
04 july 2024 - 06:22:17Hawassa, Ethiopia (PANA) - On a recent Thursday afternoon, Jalene’s small coffee shop and roastery in Hawassa, Ethiopia, was enveloped [...] Full text...
thread Gender
Green Zambia: Financing a liveable future: World Bank Blog By Qursum Qasim
03 july 2024 - 12:12:54Lusaka, Zambia (PANA) - Green is the new buzzword, but what does greening industry and the financial sector mean in [...] Full text...
thread Economy
World Bank Group guarantee platform goes live
02 july 2024 - 07:18:40Washington DC, United States (PANA) - Starting 1 July, the World Bank Group (WBG) guarantee platform opened for business, it [...] Full text...
thread Economy
WB board approves additional $35 million to improve essential health services in the Gambia
01 july 2024 - 17:00:34Banjul, Gambia(PANA) - The World Bank Board of Directors has approved an additional $35 million in financing from the International [...] Full text...
thread Health
AfDB, JICA align priorities ahead of TICAD9 summit
01 july 2024 - 07:43:52Tokyo, Japan (PANA) - The African Development Bank (AfDB) Group and the Japan International Cooperation Agency (JICA) have underscored the [...] Full text...
thread Economy
Businesses resume in Kenyan capital after Tuesday's bloody violence
26 june 2024 - 16:26:04Nairobi, Kenya (PANA) - Businesses resumed on Wednesday in tense Nairobi after Tuesday's bloody violence in which protesters raided Parliament [...] Full text...
thread Politics
Putting Africa on the path to prosperity: World Bank Blog By Ajay Banga and Mohamed Ould Ghazouani
20 june 2024 - 07:31:04Apulia, Italy (PANA) - Across the Global South, young people are yearning for opportunity and a better life. But while [...] Full text...
thread Society
How can Tanzania build capacity to accelerate women’s economic empowerment? World Bank Blog By Alena Sakhonchik and Tanya D'Lima
19 june 2024 - 09:50:32Dodoma, Tanzania (PANA) - One key piece of the puzzle in accelerating progress towards gender equality in Tanzania is having [...] Full text...
thread Gender
UNICEF says most African countries not allocating enough budget to education
16 june 2024 - 13:07:18Dakar, Senegal, (PANA) - The UN Children's Fund (UNICEF) says most African countries are not meeting their commitments to allocate [...] Full text...
thread Society
AfDB strengthens capacity of fragile states on debt management
13 june 2024 - 10:36:49Addis Ababa, Ethiopia (PANA) - The African Development Bank (AfDB) Group has launched a series of training programmes to support [...] Full text...
thread Economy
São Tomé and Príncipe faces serious economic challenges: IMF
07 june 2024 - 07:20:04São Tomé, São Tomé and Príncipe (PANA) - Accelerating reforms of the energy sector is urgently needed to alleviate pressures [...] Full text...
thread Economy
Seychelles withstands climate shocks, continued volatility in external environment
04 june 2024 - 10:40:06Victoria, Seychelles (PANA) - The Seychelles economy has continued to demonstrate resilience, despite continued volatility in the external environment and [...] Full text...
thread Economy
New chapter in partnership between World Bank Group and Togo
24 may 2024 - 08:08:49Lome, Togo (PANA) - The World Bank Group (WBG) has endorsed a new Country Partnership Framework (CPF) for Togo, granted [...] Full text...
thread Economy
IMF team, Cape Verde reach staff-level deal on ECF, RSF review
11 may 2024 - 08:20:24Praia, Cape Verde (PANA) - An International Monetary Fund {IMF) team and the Cape Verdean authorities have reached staff-level agreement [...] Full text...
thread Economy
Examples to accelerate gender equality in Africa abound: We could apply them to Somalia: World Bank Blog By Helena Hwang, Cansu Birce Gokalp, Verena Phipps and Tanya D'Lima
10 may 2024 - 08:09:53Mogadishu, Somalia (PANA) - In Somalia, the challenges to gender equality are complex and daunting. Only 28% of women over [...] Full text...
thread Gender
African leaders unveil bold transformation agenda at summit, backed by powerful new coalition
29 april 2024 - 13:43:39Nairobi, Kenya (PANA) — In a historic show of unity, 19 African Heads of State on Monday assembled at a major [...] Full text...
thread Economy
Libyan, Ethiopian PMs discuss bilateral relations
25 april 2024 - 16:28:24Tripoli, Libya (PANA) - The Libyan Prime Minister and Minister of Defence, Abdulhamid Al Dbaiba, who is visiting Ethiopia, on [...] Full text...
thread Politics
Libyan Finance Minister meets several counterparts to demand payment of loans granted by Libya
20 april 2024 - 19:12:11Tripoli, Libya (PANA) - The Libyan Minister of Finance in the Government of National Unity, Khaled al-Mabrouk, has held several [...] Full text...
thread Economy
World Bank’s new financing tools receive major funding boost
20 april 2024 - 09:49:37Washington DC, United States (PANA) - New financial instruments designed to boost lending capacity and enable the World Bank Group [...] Full text...
thread Economy
Libyan finance minister holds series of meetings at IMF-World Bank Spring meetings
18 april 2024 - 11:22:07Tripoli, Libya (PANA) - Libya's Minister of Finance in the Government of National Unity, Khaled al-Mabrouk on Wednesday took part [...] Full text...
thread Economy
Libyan government of national unity discusses investment guarantees with MIGA
16 april 2024 - 18:40:25Tripoli, Libya (PANA) - A high-level delegation from the Libyan government of national unity has discussed with the management of [...] Full text...
thread Economy
Despite high potential, 75 vulnerable economies face ‘historic reversal’
14 april 2024 - 10:35:44EMBARGOED: NOT FOR PUBLICATION, BROADCAST, OR TRANSMISSION UNTIL MONDAY, April 15, 2024, at 10:00 AM UTC. Washington DC, USA (PANA) - [...] Full text...
thread Economy
IMF Board selects Kristalina Georgieva for second term as Managing Director
13 april 2024 - 09:52:56Washington, DC, USA (PANA) - The International Monetary Fund (IMF) has in recent years helped member countries to navigate successive [...] Full text...
thread Society
EU provides €1 billion macro-financial assistance to Egypt
12 april 2024 - 11:45:56Brussels, Belgium (PANA) - The European Union (EU) will provide €1 billion of urgent short-term macro-financial assistance to Egypt to [...] Full text...
thread Society
Fast-growing $2 trillion private credit market warrants closer watch: IMF Blog By Charles Cohen, Caio Ferreira, Fabio Natalucci, Nobuyasu Sugimoto
08 april 2024 - 15:40:00Washington DC, United States (PANA) - The private credit market, in which specialized non-bank financial institutions such as investment funds [...] Full text...
thread Economy
Hidden debt hurts economies. Better disclosure laws can help ease the pain: IMF Blog By Alissa Ashcroft, Karla Vasquez, Rhoda Weeks-Brown
02 april 2024 - 15:28:55Washington, United States (PANA) - If efforts to address record global public debt are to leave no stone unturned, then [...] Full text...
thread Economy
AfDB plans massive work on DRC's giant Inga 3 dam
29 march 2024 - 13:20:12Abidjan, Cote d'Ivoire (PANA) - African Development Bank (AfDB) Group President, Dr Akinwumi Adesina, has called for a major political [...] Full text...
thread Economy
World Bank offers Tunisia over US$500 million loan for strategic partnership
17 march 2024 - 13:08:54Tunis, Tunisia (PANA) - The World Bank's Board of Executive Directors recently approved allocation of $520 million in two loans [...] Full text...
thread Economy
World Bank projects boost food security, economic opportunities in Tunisia
15 march 2024 - 14:44:08Tunis, Tunisia (PANA) - The World Bank’s Board of Directors has approved two new loans worth US$520 million, providing additional [...] Full text...
thread Agriculture
AfDB empowering vulnerable women in Togo (A feature by AfDB)
13 march 2024 - 08:36:39Lome, Togo (PANA) - Some 45 kilometres from Lomé, Togo, in the village of Aného, a transformative initiative is reshaping [...] Full text...
thread Economy
IMF approves US$120 million credit for Uganda’s recovery from recent shocks
07 march 2024 - 07:20:36Kampala, Uganda (PANA) - The Executive Board of the International Monetary Fund (IMF) on Wednesday completed the fifth review of [...] Full text...
thread Economy
How G20 can build on the world economy’s recent resilience: IMF Blog By Kristalina Georgieva
26 february 2024 - 17:10:06Washington DC, USA (PANA) - It’s fitting that G20 finance ministers and central bank governors will meet this week at [...] Full text...
thread Economy
African countries scoop 11 out of 20 world's top growth economies
16 february 2024 - 20:47:40Addis Ababa, Ethiopia (PANA) - Africa will account for eleven of the world’s 20 fastest-growing economies in 2024, the African [...] Full text...
thread Economy
Kenyan mortgage lender hikes lending ceiling over rising cost of home ownership
16 february 2024 - 12:42:05Nairobi, Kenya (PANA) - Kenya Mortgage Refinance Company (KMRC), a Central Bank of Kenya-backed lender, has raised the upper ceiling [...] Full text...
thread Economy
Israel-Gaza Crisis: Tourism surges in Egypt despite economic hardships
15 february 2024 - 11:45:36Cairo, Egypt (PANA) - Despite economic hardships and the Israel-Hamas conflict, Egypt hosted 14.9 million tourists in 2023, exceeding its [...] Full text...
thread Economy
IMF staff, government officials discuss Zimbabwe’s governance, growth prospects
15 february 2024 - 08:04:51Harare, Zimbabwe (PANA) - Economic activity in Zimbabwe continues to show resilience in the face of currency instability and high [...] Full text...
thread Economy
Libyan PM reaffirms country's willingness to contribute to NEPAD programmes and projects
14 february 2024 - 14:37:38Tripoli, Libya (PANA) -The Chairman of the Libyan Presidential Council, Mohamed al-Manfi, has reaffirmed that Libya will contribute effectively to [...] Full text...
thread Politics
TDB, World Bank accelerate access to sustainable clean energy in Africa
13 february 2024 - 08:18:21Washington, United States (PANA) - The World Bank has extended a facility of close to $300 million to the Eastern [...] Full text...
thread Economy
Malawi's plan to create a stable, sustainable economy
10 february 2024 - 08:06:02Lilongwe, Malawi (PANA) - Adherence to the authorities' macroeconomic adjustment and reform programme will help Malawi overcome current and future [...] Full text...
thread Economy
Malawi's plan to create a stable, sustainable economy
03 february 2024 - 10:47:45Lilongwe, Malawi (PANA) - Adherence to the authorities' macroeconomic adjustment and reform program would help Malawi overcome current and future [...] Full text...
thread Economy
Emerging markets navigate global interest rate volatility: IMF Blog By Tobias Adrian, Fabio Natalucci, and Jason Wu
02 february 2024 - 07:04:24Washington, United States (PANA) - Global interest rates in recent months have gone on a rollercoaster, especially those on longer-term [...] Full text...
thread Economy
What artificial Intelligence means for economics: Opinion By Daniel Björkegren and Joshua E. Blumenstock
27 january 2024 - 07:59:36Lomé, Togo (PANA) - AI must be carefully adapted to benefit the poor, shows research in Kenya, Togo, and Sierra [...] Full text...
thread Society
US commercial real estate remains a risk despite investor hopes for soft landing: IMF Blog By Andrea Deghi, Fabio Natalucci, and Mahvash S. Qureshi
19 january 2024 - 07:18:15Washington, United States (PANA) - The commercial real estate sector has been under intense pressure globally as interest rates have [...] Full text...
thread Economy
Centre human rights within global financial overhaul, says UN rights chief
19 january 2024 - 05:42:25Geneva, Switzerland (PANA) - Human rights must be integrated into the heart of the international financial architecture if the world [...] Full text...
thread Economy
14 Libyan officials jailed after investigation into Derna floods
03 january 2024 - 16:01:55Tripoli, Libya (PANA) - The Libyan Prosecutor General, Councillor Al-Seddik Al-Sour, says 14 Libyan officials have been remanded in custody [...] Full text...
thread Politics
Libyan Oil Ministry against NOC's plan to sign oilfield agreement
30 december 2023 - 11:15:50Tripoli, Libya (PANA) - The Libyan Ministry of Oil and Gas of the Government of National Unity has welcomed the [...] Full text...
thread Economy
Prominent Angolan business executive fights asset freeze order
23 december 2023 - 14:54:07London, UK (PANA) – Isabel dos Santos, a prominent Angolan business executive fighting a legal battle over a multi-million telecommunication [...] Full text...
thread Economy
IMF approves US$100 million under new ECF arrangement for Somalia
20 december 2023 - 08:06:51Mogadishu, Somalia (PANA) – The International Monetary Fund (IMF} Board on Tuesday approved a new 36-month Extended Credit Facility (ECF) [...] Full text...
thread Economy
Libyan labour minister stresses importance of supporting small and medium-sized enterprises
15 december 2023 - 11:37:17Tripoli, Libya (PANA) - The Libyan Minister of Labour and Rehabilitation, Ali al-Abed al-Ridha, has stressed the importance of supporting [...] Full text...
thread Economy
Developing countries paid record $443.5 billion on public debt in 2022: World Bank report
13 december 2023 - 15:32:47Washington, USA (PANA) - Amid the biggest surge in global interest rates in four decades, developing countries spent a record [...] Full text...
thread Economy
COP28: UN says staggering $7 trillion spent every year on investments that fuel climate change
09 december 2023 - 17:18:10Dubai, UAE (PANA) - Nearly $7 trillion of public and private finance each year supports activities that directly harm nature [...] Full text...
thread Environment
Central Bank of West African States raises key interest rates by 25 basis points
07 december 2023 - 15:48:03Ouagadougou, Burkina Faso (PANA) - The Central Bank of West African States (BCEAO) has raised the bank's key rate by [...] Full text...
thread Economy
China’s slowing economy will hit Sub-Saharan Africa’s growth: IMF
11 november 2023 - 08:11:15Washington DC, United States (PANA) - China has forged deep economic ties with countries in sub-Saharan Africa over the past [...] Full text...
thread Economy
World risks failing 880 million people in LDCs: UNCTAD
08 november 2023 - 06:56:30New York, US (PANA) - The world risks failing the 880 million people living the world’s Least Developed Countries (LDCs) [...] Full text...
thread Economy
Build capacity to expand access for all to housing finance in West Africa: World Bank Blog By Mazen Bouri
07 november 2023 - 20:13:55Dakar, Senegal (PANA) - In West Africa, houses are built brick by brick, room by room, with the pace of [...] Full text...
thread Economy
Scaling innovation: Expanding We-Fi's digital cash flow product across Africa – World Bank Blog By Siegfried Zottel and Sean Ding
03 november 2023 - 18:26:11Accra, Ghana (PANA) - Imagine being seated across from a loan officer in a bank, stepping into the shoes of [...] Full text...
thread Gender
Comorian authorities, IMF staff reach deal on economic policies and reforms
02 november 2023 - 13:58:16Moroni, Comoro (PANA) – The Comoros’ expected growth in 2023 reflects an ongoing rebound in economic activity, says the International [...] Full text...
thread Economy
New look at global banks highlights risks from higher-for-longer interest rates: IMF Blog by Charles Cohen, Srobona Mitra, Fabio Natalucci
17 october 2023 - 10:18:02Washington DC, United States (PANA) - Central banks could keep interest rates higher for longer as they fight to curb [...] Full text...
thread Economy
Higher-for-longer interest rate environment is squeezing more borrowers: IMF Blog By Tobias Adrian
11 october 2023 - 08:00:15Washington, DC, United States (PANA) - The world’s central banks have unleashed the steepest series of interest-rate increases in decades [...] Full text...
thread Economy
WB strengthens economic empowerment for millions of girls, women across East and Southern Africa
11 october 2023 - 07:49:06Washington, United States (PANA) - Millions of girls and young women’s across Eastern and Southern Africa will gain greater access [...] Full text...
thread Gender
Why IMF lending continues to adapt: IMF Blog - By Ceyla Pazarbasioglu
09 october 2023 - 13:15:47Washington DC, United States (PANA) - The world confronts the weakest medium-term growth outlook in three decades amid high debt [...] Full text...
thread Economy
AfDB offers fairer global financial architecture with beneficial development for Africa
26 september 2023 - 05:26:24New York, U.S. (PANA) - The African Development Bank (AfDB) President, Dr Akinwumi Adesina, has said the global financial architecture [...] Full text...
thread Economy
IMF's austerity loan conditions risk undermining rights, says Human Rights Watch
25 september 2023 - 05:38:29Washington DC, US (PANA) – The International Monetary Fund, with a global debt crisis looming, is setting conditions for its [...] Full text...
thread Economy
Angola: Unlocking the potential of creative industries (UNCTAD Feature)
15 september 2023 - 18:30:22Geneva, Switzerland (PANA) - Angola's nascent creative industries hold vast potential to help diversify its oil-dependent economy. To do so, [...] Full text...
thread Society
Concessional climate finance essential to catalysing offshore wind development in emerging markets
07 september 2023 - 07:52:47Washington DC, US (PANA) - A new report published on Thursday by the World Bank’s Energy Sector Management Assistance Programme [...] Full text...
thread Environment
African Climate Summit to seek clear financing plan
04 september 2023 - 20:20:57Nairobi, Kenya (PANA) – African leaders meeting in Nairobi for the first ever African Climate Summit have outlined bold reforms, [...] Full text...
thread Environment
African leaders urged to pursue ambitious action at Africa Climate Summit
02 september 2023 - 10:38:12Nairobi, Kenya (PANA) - African leaders convening in Nairobi for the African Climate week and inaugural Climate Summit must pursue [...] Full text...
thread Environment
Guinea-Bissau secures US$3.15 million under IMF’s credit facility
31 august 2023 - 07:52:01Bissau, Guinea-Bissau (PANA) - The Executive Board of the International Monetary Fund (IMF) on Thursday completed the second review under [...] Full text...
thread Economy
World Bank presents findings of its youth aspirations survey in Lesotho
30 august 2023 - 09:11:01Maseru, Lesotho (PANA) - Many Basotho youth proactively seek training beyond formal education, and almost 65 percent of them aspire [...] Full text...
thread Society
Striving for effective debt policy and management: Benin’s journey ( A World Bank Blog)
16 august 2023 - 12:57:57Cotonou, Benin (PANA) - Amidst the diverse landscape of debt policy and management in Sub-Saharan Africa (SSA), Benin has emerged [...] Full text...
thread Economy
Somalia’s institutions get boost to bring the country closer to debt relief
01 august 2023 - 07:13:32Mogadishu, Somalia (PANA) - In a context of multiple and overlapping shocks related to frequent climatic hazards, as well as [...] Full text...
thread Economy
'Climate finance essential for survival of Small Island Developing States'
25 july 2023 - 07:16:23Balaclava, Mauritius (PANA) – Mauritian Prime Minister Pravind Jugnauth on Monday told the opening of a three-day Preparatory Meeting of [...] Full text...
thread Economy
World Bank announces new steps to add billions in financial capacity
20 july 2023 - 09:23:58Washington DC, US (PANA) - The World Bank is taking bold new steps to increase its lending capacity, a major [...] Full text...
thread Economy
World Bank board approves additional us$ 4.5 financing grant to strengthen essential health services in the Gambia
14 july 2023 - 16:48:19Banjul, Gambia (PANA) - The World Bank Board has approved $4.5 million in additional financing from the International Development Association [...] Full text...
thread Health
World Bank Board approves additional grant to essential health services in The Gambia
14 july 2023 - 06:14:21Banjul, Gambia (PANA) - The World Bank Board on Thursday approved $4.5 million additional financing from the International Development Association [...] Full text...
thread Health
World Bank gives Mali US$157 million for electrification
08 july 2023 - 13:03:34Bamako, Mali (PANA) - The World Bank has approved $157 million in International Development Association( IDA) financing to support Mali [...] Full text...
thread Economy
IMF expresses concern about Uganda’s anti-LGBT law and development partners
22 june 2023 - 14:55:00Kampala, Uganda (PANA) - The Ugandan economy is projected to grow by 6 per cent in year 2023/24 while the [...] Full text...
thread Economy
'Paris finance summit must aid states struggling with debt crises'
22 june 2023 - 09:18:38Nairobi, Kenya (PANA) - World leaders attending a summit in Paris on Thursday must ensure wealthier nations commit to comprehensive [...] Full text...
thread Economy
Burkina Faso launches community entrepreneurship through popular shareholding programme
12 june 2023 - 14:01:30Ouagadougou, Burkina Faso (PANA) - The President of the Transition in Burkina Faso, Captain Ibrahim Traoré, Monday launched a programme [...] Full text...
thread Economy
Libyan PM lauds efforts of young Libyans to support cutting-edge technologies
27 may 2023 - 13:35:53Tripoli, Libya (PANA) - The Libyan Prime Minister, Abdelhamid al-Dbaiba, has said that Libya's young people have proved their ability [...] Full text...
thread Sciences
UK announces first water infrastructure resilience projects in Egypt, Senegal
26 may 2023 - 13:44:24Sharm El Sheikh, Egypt (PANA) - The United Kingdom government has announced the launch of the first two projects under [...] Full text...
thread Economy
Senior Libyan official arrives in CAR for talks to guarantee Libyan investments
10 may 2023 - 13:02:56Tripoli, Libya (PANA) - The deputy chairman of the Libyan Presidential Council, Abdallah al-Lafi, has arrived in the Central African [...] Full text...
thread Politics
EBID re-appoints Nana Donkor as CEO
28 april 2023 - 13:00:27Lome, Togo (PANA) - The Board of Governors of the ECOWAS Bank for Investment and Development (EBID) has unanimously re-appointed Dr [...] Full text...
thread Economy
IMF completes second review of staff-monitored programme with Comoros
21 april 2023 - 08:33:57Moroni, Comoros (PANA) - Management of the International Monetary Fund (IMF) has approved the second and final review of Comoros’ [...] Full text...
thread Economy
Ivorian hydropower plant to supply electricity to 100,000 households, reduce greenhouse gas emissions.
21 april 2023 - 06:23:37Abidjan, Cote d'Ivoire (PANA) - Three years after construction began, the Singrobo-Ahouaty hydropower plant project, located some 150 km north [...] Full text...
thread Economy
Reform global financial architecture to achieve sustainable development: UN deputy chief
14 april 2023 - 08:47:24Washington, DC, US (PANA) - The Sustainable Development Goals (SDGs) are “slipping from our grasp” amid cascading global crises, highlighting [...] Full text...
thread Economy
IMF chief urges support for poorest nations
13 april 2023 - 12:49:53Washington, DC, US (PANA) - The International Monetary Fund (IMF)’s Managing Director, Kristalina Georgieva, has called on the international community [...] Full text...
thread Economy
Global financial system tested by higher inflation and interest rates: IMF Blog
11 april 2023 - 17:30:36Washington, DC, US (PANA) - Banking oversight was significantly strengthened after the global financial crisis, in part by requirements for [...] Full text...
thread Economy
Talks underway on next funding flows from Germany to South Africa under JETP
04 april 2023 - 07:02:07Johannesburg, South Africa (PANA) - Discussions are under way between the German and South African governments regarding the disbursement of [...] Full text...
thread Economy
Richer nations must step up support for the poorest (Blog)
01 april 2023 - 11:48:39Washington, DC, US (PANA) - When finance ministers and central bankers arrive in Washington next week for the International Monetary [...] Full text...
thread Economy
WB supports Congo to address climate change to build resilient economy
24 march 2023 - 05:57:54Brazzaville, Congo (PANA) — The World Bank has approved US$82 million to support the Climate-Resilient and Inclusive Livelihoods Project (ProClimat [...] Full text...
thread Environment
Mastercard Foundation pushes financial services to 5.3 million in Africa
13 march 2023 - 14:17:36Nairobi, Kenya (PANA) – At least 5.3 million more people in rural areas in Africa have accessed credit, savings and [...] Full text...
thread Economy
World Bank approves $120 million to support finance for Tunisia’s SMEs
09 february 2023 - 07:49:36Tunis, Tunisia (PANA) – The World Bank has approved a US$120 million loan for Tunisia to fund the project ‘Support [...] Full text...
thread Economy
Libyan PM launches first phase of housing initiative for needy youth and families
02 february 2023 - 18:14:12Tripoli, Libya (PANA) - The Libyan Prime Minister, Abdelhamid Al-Dbaiba, on Thursday announced the start of the first phase of [...] Full text...
thread Politics
Libyan parliamentary committee rejects auction of LAICO assets in Central African Republic
30 january 2023 - 13:59:34Tripoli, Libya (PANA) - The Economic and Investment Committee of the Libyan House of Representatives (Parliament) has rejected the public [...] Full text...
thread Economy
Burkina Faso records inflation rate of 14.6% in 2022
26 january 2023 - 15:41:09Ouagadougou, Burkina Faso (PANA) - Burkina Faso for the whole of 2022 recorded an annual average inflation of 14.6% against [...] Full text...
thread Economy
World Bank backs project to expand access to affordable housing in Djibouti
12 january 2023 - 12:56:09Djibouti City, Djibouti (PANA) - The World Bank has approved a US$15 million in credit from the International Development Association [...] Full text...
thread Society
Libyan PM's youth housing project to be implemented from mid-January
08 january 2023 - 16:55:46Tripoli, Libya (PANA) - The implementation of the youth housing initiative launched by the Prime Minister, Abdelhamid Al-Dbaiba, is set [...] Full text...
thread Politics
Ghanaians welcome New Year with hope of better economy
01 january 2023 - 13:11:48Accra, Ghana (PANA) - Ghanaians on Sunday joined the rest of the world to welcome the New Year with church [...] Full text...
thread Society
2022 draws to a close on hopes for resolution of crisis in Libya next year
29 december 2022 - 19:10:54Tripoli, Libya (PANA) - In Libya, the years have almost all come together for almost a decade, with each time [...] Full text...
thread Politics
Ghana government exempts pension funds from Debt Exchange Programme
22 december 2022 - 18:56:25Accra, Ghana (PANA) - The Government of Ghana on Thursday granted exemption to all pension funds in its Domestic Debt [...] Full text...
thread Economy
Mauritius launches 'Zero Interest Medical Loan' scheme for patients in private clinics
21 december 2022 - 09:25:39Port-Louis, Mauritius (PANA) – Mauritius has has launched a “Zero Interest Medical Loan" scheme, which is a tripartite collaboration between [...] Full text...
thread Health
Workers in Ghana warn of indefinite strike from 27 December over bonds in debt echange
19 december 2022 - 18:48:39Accra, Ghana (PANA) - Organised labour in Ghana on Monday warned of an indefinite strike from 27 December over the [...] Full text...
thread Economy
Ghana announces suspension of external debt repayments
19 december 2022 - 11:16:51Accra, Ghana (PANA) - Ghana's finance ministry on Monday announced a suspension of all debt service payments under certain categories of [...] Full text...
thread Economy
WB grants $70 million for water, agriculture, livestock, and environmental services delivery in Somalia
16 december 2022 - 10:17:59Mogadishu, Somalia (PANA) - The World Bank has approved a $70 million International Development Association (IDA) grant to develop resilient [...] Full text...
thread Society
African Development Fund mobilises $8.9 billion for Africa’s low-income countries
07 december 2022 - 11:22:02Abidjan, Cote d'Ivoire (PANA) - Development partners of the African Development Fund (ADF) have agreed to commit a total package [...] Full text...
thread
IMF Executive Board completes third review under the Extended Fund Facility for Seychelles
02 december 2022 - 09:43:14Washington, DC, US (PANA) - The executive Board of the International Monetary Fund (IMF) on Thursday completed the third review [...] Full text...
thread Economy
Bank of Ghana announces policy restricting poultry, rice imports
25 november 2022 - 18:31:34Accra, Ghana (PANA) - The Bank of Ghana has restricted access to foreign exchange for a select list of imported [...] Full text...
thread Society
Kenyan technology start-up boosts e-commerce in agroprocessing industry
25 november 2022 - 10:57:19Nairobi, Kenya (PANA) - When Peter Njonjo, a former employee of a multinational company, set out to create Twiga Foods [...] Full text...
thread Economy
EBRD and EU support micro, small and medium-sized enterprises in Egypt
24 november 2022 - 13:22:36Cairo, Egypt (PANA) - The European Bank for Reconstruction and Development (EBRD) announced on Thursday a financial package of up [...] Full text...
thread Economy
France provides 200 million euros in loans to Tunisia
20 november 2022 - 14:07:23Tunis, Tunisia (PANA) - The Tunisian Minister of Economy and Planning, Samir Saïed, and the French Minister of Europe and [...] Full text...
thread Economy
EBRD supports youth entrepreneurship in Egypt
14 november 2022 - 09:35:41Sharm el-Sheikh, Egypt (PANA) - The European Bank for Reconstruction and Development (EBRD) announced on Monday it is providing a [...] Full text...
thread Economy
COP27: Burundi's President calls for long-term loans for environmental projects
10 november 2022 - 12:01:28Bujumbura, Burundi (PANA) - Burundi's President Evariste Ndayishimiye has called for long-term loans at low interest rates for environmental services [...] Full text...
thread Environment
Togo launches coastal protection works against erosion
04 november 2022 - 18:59:58Lomé, Togo (PANA) - The Togolese authorities launched on Thursday in Aného, located about 50 km south-east of Lomé, the [...] Full text...
thread Environment
UN agencies launch joint programme in Tanzania to accelerate women empowerment
12 october 2022 - 17:08:36Dar es Salaam, Tanzania (PANA) - Four UN agencies on Wednesday launched a five-year agriculture programme to benefit more than [...] Full text...
thread Agriculture
Libya: CBL, IMF agree on joint programmes for 2023
11 october 2022 - 19:58:23Tripoli, Libya (PANA) - The Central Bank of Libya (CBL) has announced an agreement to launch a set of joint [...] Full text...
thread Economy
‘Tsunami of hunger’ could trigger multiple famines, Security Council warned
16 september 2022 - 05:14:33New York, US (PANA) - As risks of conflict-induced famine and widespread food insecurity continue to rise, the UN Emergency [...] Full text...
thread Society
18,000 loans and 21,000 plots of land, the first batch of the Libyan government's youth housing initiative
14 september 2022 - 20:47:35Tripoli, Libya (PANA) - The Higher Committee of the Youth Housing Initiative of the Government of National Unity, announced here [...] Full text...
thread Politics
Japan pledges to mobilise some $30 billion for Africa
27 august 2022 - 18:15:12Tunis, Tunisia (PANA) - Japanese Prime Minister Fumio Kishida announced on Saturday that the public and private sectors in his [...] Full text...
thread Economy
IMF Board allows US$ 22.1 million disbursement to Liberia
25 august 2022 - 10:25:44Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the 2022 Article IV [...] Full text...
thread Economy
Concern raised over South Africa's financial security regulations
19 august 2022 - 08:43:23Cape Town, South Africa (PANA) – The South African Government has conceded that the country is now at great risk [...] Full text...
thread Economy
Libyan PM rejects forceful takeover of power and calls for elections in Libya
13 august 2022 - 14:06:32Tripoli, Libya (PANA) - The Libyan prime minister of the national unity government, Abdelhamid al-Dbaiba, has assured "those who want [...] Full text...
thread Politics
Loan from UN fund allows FAO to scale up fertilizers for farmers in Ethiopia's Tigray region
09 august 2022 - 06:03:15Addis Ababa, Ethiopia (PANA) - A $10 million loan from the UN’s Central Emergency Response Fund (CERF) will allow the [...] Full text...
thread Agriculture
IMF points to risks in Equatorial Guinea’s recovery, food insecurity
30 july 2022 - 10:05:46Washington, DC, US (PANA) - Equatorial Guinea’s economy is slowly emerging from the ravages of the coronavirus (COVID-19) pandemic and [...] Full text...
thread Economy
Cameroon’s economic outlook for 2022 remains positive despite ‘great uncertainties’ - IMF
26 july 2022 - 07:30:17Yaoundé, Cameroon (PANA) – The Executive Board of the International Monetary Fund (IMF) has concluded the Second Reviews of the [...] Full text...
thread Economy
Libyan PM welcomes resumption of oil production, announces wage increases
20 july 2022 - 14:14:11Tripoli, Libya (PANA) - The Libyan prime minister of the Government of National Unity, Abdelhamid al-Dbaiba, Wednesday welcomed the resumption [...] Full text...
thread Politics
Seychelles' economy strongly recovered in 2021, GDP growth above expectations - IMF
30 june 2022 - 09:26:28Washington DC, US (PANA) – Seychelles has secured US$8.7 million from the International Monetary Fund (IMF) after the Executive Board [...] Full text...
thread Economy
Russia-Ukraine war compounds pandemic challenges, inflationary pressures in Rwanda
24 june 2022 - 08:03:15Kigali, Rwanda (PANA) – Rwanda’s real GDP growth rebounded strongly to 10.9 percent in 2021, but spillovers from the war [...] Full text...
thread Economy
EU grants 162 million euros to Tunisia
17 june 2022 - 13:38:02Tunis, Tunisia (PANA) - The European Union has made 162 million euros available to Tunisia in the form of a [...] Full text...
thread Economy
IMF approves package to mitigate impact of COVID-19 pandemic in Cabo Verde
16 june 2022 - 08:02:23Washington, DC, US (PANA) - The International Monetary Fund (IMF) on Wednesday approved a 36-month arrangement of US$ 60 million [...] Full text...
thread Economy
World Bank grants over US$23 million to Tunisia
15 june 2022 - 16:11:11Tunis, Tunisia (PANA) - The World Bank recently made available to Tunisia 23.745 million dollars out of which 1.8 million [...] Full text...
thread Economy
Libya: Officials discuss demobilisation of armed groups
26 may 2022 - 23:30:24Tripoli, Libya (PANA) - The issue of demobilisation and integration of armed groups in Libya, the subject of a workshop [...] Full text...
thread Society
European Commission gives Tunisia €300 million
26 may 2022 - 13:27:07Tunis, Tunisia (PANA) - The European Commission on Wednesday disbursed 300 million euros in aid to Tunisia, the European Union [...] Full text...
thread Economy
African Finance Ministers denounce payment of surcharge on loans
20 may 2022 - 18:43:25Dakar, Senegal (PANA) - African Ministers of Finance, Planning and Economic Development have denounced the payment of a surcharge on [...] Full text...
thread Economy
EBRD boosts SME access to finance in Egypt
19 may 2022 - 12:18:57Cairo, Egypt (PANA - The European Bank for Reconstruction and Development (EBRD) announced on Thursday it is stepping up support [...] Full text...
thread Economy
Africa's fragile health systems, socio-economic fabric revealed by COVID-19: Report
14 may 2022 - 19:26:06Dakar Senegal (PANA) - The fragility of Africa's health systems and socio-economic fabric have been exposed by the COVID-19 pandemic, [...] Full text...
thread Economy
IMF team, Congo each agreement on completion of first review of ECF
20 april 2022 - 05:48:45Washington, DC, US (PANA) – A team of the International Monetary Fund (IMF) has reached a staff-level agreement with the authorities [...] Full text...
thread Economy
IFAD supports seven Sahelian countries with US$5.14 million
15 april 2022 - 13:05:19Cotonou, Benin PANA) - The International Fund for Agricultural Development (IFAD) will allocate US$5.14 million to finance the Integrated Climate [...] Full text...
thread Agriculture
Mauritius launches SME Observatory
15 april 2022 - 09:26:37Ebene, Mauritius (PANA) – Mauritius on Thursday launched the second SME Mauritius Observatory at the Hennessy Park Hotel, in Ebène, [...] Full text...
thread Economy
Libyan PM, ministerial committee members meet over housing loans to Libyans
11 april 2022 - 21:21:27Tripoli, Libya (PANA) - Libyan Prime Minister Abdelhamid Al-Dbaiba on Monday held a meeting with members of the ministerial committee [...] Full text...
thread Economy
Afreximbank launches $4 billion Ukraine Crisis Adjustment Trade Financing Programme for Africa
06 april 2022 - 12:44:27Cairo, Egypt (PANA) – The Board of Directors of African Export-Import Bank (Afreximbank), a Pan-African multilateral financial institution mandated to finance and [...] Full text...
thread Economy
'Mauritius to protect and empower women' - Prime Minister
09 march 2022 - 07:17:08Port-Louis, Mauritius (PANA) – Mauritian Prime Minister, Pravind Jugnauth, announced on Tuesday that the Government will protect and empower women, [...] Full text...
thread Gender
Six African countries to benefit from $2.8 million AfDB grant to improve governance of natural resource outflows
07 march 2022 - 12:41:54Abidjan, Cote d'Ivoire (PANA) - Six African countries will soon benefit from a grant from the Transitional Support Facility (TSF) [...] Full text...
thread Environment
Libya launches housing loan registration
28 february 2022 - 13:19:10Tripoli, Libya (PANA) - The Ministerial Committee in charge of implementing the initiative of Prime Minister Abdelhamid al-Dbaiba regarding housing [...] Full text...
thread Society
Gambia’s Central Bank Governor says remittances rise to US$776.67
24 february 2022 - 09:54:39Banjul, Gambia (PANA) - Remittances of individuals to the Gambia increased remarkably to US$776.67 in 2021, as they continued to [...] Full text...
thread Economy
Libyan govt explains initiatives announced by Prime Minister al-Dbaiba on housing
21 february 2022 - 13:01:01Tripoli, Libya (PANA) - The Government of National Unity (GNA) on Sunday gave details of the initiative announced by Libyan [...] Full text...
thread Politics
Buoyed by Libyans' aspirations for elections PM al-Dbaiba determined to go all the way
20 february 2022 - 18:24:25Tripoli, Libya (PANA) - Libyan Prime Minister of the Government of National Unity (GNU), Abdelhamid Al-Dbaiba, has shown an unwavering [...] Full text...
thread Politics
Libyan: GNU Prime Minister calls for early elections
19 february 2022 - 18:26:02Tripoli, Libya (PANA) - The Libyan Prime Minister of the Government of National Unity (GNU), Abdelhamid al-Dbaiba, has made a [...] Full text...
thread Politics
Encourage today’s girls to become ‘tomorrow’s leading scientists and innovators’: Guterres
11 february 2022 - 05:33:30New York, US (PANA) - In his message marking the International Day of Women and Girls in Science, the UN [...] Full text...
thread Gender
Libyan Prime Minister says he will continue in office until power is handed over to an elected authority
28 december 2021 - 20:18:16Tripoli, Libya (PANA) - The Libyan Prime Minister of the Government of National Unity, Abdelhamid Al-Dbaiba, said that he would [...] Full text...
thread Politics
Senegalese president calls for global economic governance reform
07 december 2021 - 13:24:58Dakar, Senegal (PANA) - Senegalese President Macky Sall pleaded here Monday for a reform of global economic governance to promote [...] Full text...
thread Politics
Kenya to use technology to link 500,000 jobseekers to manufacturing sector
26 november 2021 - 21:24:16Nairobi, Kenya (PANA) - Kenya manufacturing companies will use technology to link the youth interested in working in the manufacturing [...] Full text...
thread Economy
Libyan PM says his decision to contest the presidential poll rests with 'the people'
16 november 2021 - 13:28:58Tripoli, Libya (PANA) - Libyan Prime Minister Abdelhamid al-Dbaiba says that the decision to contest in the 24 December presidential [...] Full text...
thread Politics
Coronavirus: Fiscal policy plays critical role in Congo’s economic recovery: IMF
09 november 2021 - 15:31:12Brazzaville, Congo (PANA) - Fiscal policy will play a central role in strengthening economic recovery in Congo Republic while managing [...] Full text...
thread Economy
AfDB loans Ghana $75 million for Infrastructure Investment
27 october 2021 - 11:10:04Abidjan, Cote d'Ivoire (PANA) - The African Development Bank’s Board of Directors has officially approved a $75 million commercial loan [...] Full text...
thread Economy
Low-income country debt rises to record $860 billion in 2020
11 october 2021 - 17:40:50Washington, DC, US (PANA) - Governments around the world responded to the COVID-19 pandemic with massive fiscal, monetary and financial [...] Full text...
thread Economy
Libyan newspapers highlight decisive intervention of Presidential Council in organization of elections
10 october 2021 - 21:00:19Tripoli, Libya (PANA) - The conflict between the government of national unity and the House of Representatives (Parliament) in Libya [...] Full text...
thread Press Review
Botswana gets budget supplement from World Bank
05 october 2021 - 09:25:53Gaborone, Botswana (PANA) - Botswana has secured its first budget support loan from the World Bank to support the country’s [...] Full text...
thread Economy
Poorer nations to face up to $75 billion six-year shortfall in climate finance: Oxfam
20 september 2021 - 13:43:28New York, US (PANA) - Wealthy nations are expected to fall up to $75 billion short of fulfilling their long-standing [...] Full text...
thread Environment
African rural voices reach UN Food Systems Summit
20 september 2021 - 13:00:06New York, US (PANA) - Small-scale farmers and other rural people are development actors in their own right, with a [...] Full text...
thread Agriculture
Tunisia's debt represents 81.52% of GDP
12 september 2021 - 14:09:58Tunis, Tunisia (PANA) - Tunisia's public debt exceeded 99.3 billion Tunisian dinars at the end of June, being 81.52% of [...] Full text...
thread Economy
Japan Credit Rating Agency reaffirms AfDB’s AAA rating with a stable outlook
03 september 2021 - 14:39:56Abidjan, Côte d’Ivoire (PANA) - Japan Credit Rating Agency (JCR) has affirmed the African Development Bank’s long-term rating at AAA [...] Full text...
thread Economy
Ghana to reverse land degradation with World Bank support
01 september 2021 - 13:39:17Washington, US (PANA) - The World Bank has approved $103.4 million for Ghana to reverse land degradation and strengthen integrated [...] Full text...
thread Environment
Four South African teams among Africa's biggest spenders
30 august 2021 - 19:57:50Zurich, Switzerland (NAN) - Four teams from South Africa have ranked among Africa's biggest spenders on international signings over the [...] Full text...
thread Sports
South Africa: Legal tussle over former Mozambican Minister
26 august 2021 - 17:45:15Cape Town, South Africa (PANA) – A group of Mozambican civil society organisations (CSOs) have approached the North Gauteng High [...] Full text...
thread Society
IMF calls for fresh debt re-profiling for Africa, measures to tax education, health
26 august 2021 - 01:46:47Nairobi, Kenya (PANA) The International Monetary Fund (IMF) has called for a fresh sovereign debt profile of African countries, which [...] Full text...
thread Economy
South Africa: Deep divisions over extradition of ex-Mozambican finance minister
25 august 2021 - 15:33:28Cape Town, South Africa (PANA) – The United States on Wednesday expressed its disappointment at South Africa's decision to extradite [...] Full text...
thread Society
Libyan Prime Minister announces initiatives to support the youth
13 august 2021 - 11:22:57Tripoli, Libya (PANA) - Libyan Prime Minister Abdelhamid al-Dbaiba on Thursday announced the establishment of a National Youth Council as the government [...] Full text...
thread Society
Coronavirus: Burundi seeks IMF assistance to combat pandemic impacts
28 july 2021 - 09:41:00Bujumbura, Burundi (PANA) – Struggling with critically low international reserves and decreased exports, Burundi has requested the International Monetary Fund [...] Full text...
thread Economy
IMF Managing Director approves SMP for policy reform in Guinea-Bissau
28 july 2021 - 08:34:03Bissau, Guinea-Bissau (PANA) - The Managing Director of the International Monetary Fund (IMF) has approved a Staff-Monitored Programme (SMP) for [...] Full text...
thread Economy
Coronavirus: IMF approves policy reforms and funding package to better support recovery of LICs
23 july 2021 - 13:51:13Dakar, Senegal (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a set of reforms to [...] Full text...
thread Economy
Partnership with private sector is key in closing Rwanda’s infrastructure gap – WB Update
22 july 2021 - 13:52:50Kigali, Rwanda (PANA) - The coronavirus (COVID-19) pandemic has pushed the Rwandan economy into recession in 2020 for the first [...] Full text...
thread Economy
AfDB to expand lending to 8% after strong Fitch Rating
22 july 2021 - 11:30:43Nairobi, Kenya (PANA) —The African Development Bank (AfDB) has scored the highest ever rating of triple A, as a result [...] Full text...
thread Economy
Summit: African leaders call on WB Group to raise $100 billion to help Africa recover from Covid-19
20 july 2021 - 23:19:45Accra, Ghana (PANA) - African leaders have called on the International Development Association (IDA) of the World Bank Group to [...] Full text...
thread
Nigeria: Senate approves President Buhari’s request for $8.325m, €490m external loans
15 july 2021 - 21:07:16Abuja, Nigeria (PANA) - The Senate on Thursday approved President Muhammadu Buhari’s request for ongoing external loans to the tune [...] Full text...
thread Economy
Coronavirus: Rwanda strives to balance policy response in ensuring a strong, inclusive recovery
07 july 2021 - 12:56:38Kigali, Rwanda (PANA) – Rwanda’s real GDP is projected to rebound by 5.1 percent in 2021, reflecting the start of [...] Full text...
thread Economy
African leaders to support IDA replenishment for recovery from COVID-19
06 july 2021 - 08:57:22Abidjan, Cote d’Ivoire (PANA) - President Alassane Ouattara of Cote d’Ivoire and the World Bank Group will on 15 July [...] Full text...
thread Economy