Displaced women struggle to access land in Far North region of Cameroon
19 december 2024 - 10:18:19Douala, Cameroon (PANA) – A decade of violence in the Lake Chad basin has resulted in half a million displaced [...] Full text...
thread Society
Breaking news
- Agriculture
Can Angola, the second largest oil producer in Sub-Saharan Africa, transform itself from a food insecure country to a regional food hub? World Bank Blog By Izabela Leao and Nelson Eduardo
- Culture
Senior US diplomat participates in Dakar Biennale
- Economy
IMF Executive Board completes second review under Extended Credit Facility Arrangement for Burkina Faso
- Environment
African Development Fund approves $9 million grant to strengthen climate resilience in Madagascar
- Gender
100 killed as femicide epidemic takes alarming turn in Kenya
- Health
Avian flu reported in 108 countries across five continents, says WHO
- Politics
UN Resident and Humanitarian Coordinator condemns bombardment of WFP compound
- Press Review
Lessons of Hamas operation against Israel, - Libyan newspaper,
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Humanity’s fate can’t be left to algorithms, UN chief tells Security Council
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Libya chairs Arab discussion group at mine action session
- Society
Security and economic woes plague West Africa, as key elections loom
- Sports
FIFA Rankings: Morocco ends 2024 as Africa’s top side
200 Search result
Douala, Cameroon (PANA) – A decade of violence in the Lake Chad basin has resulted in half a million displaced [...] Full text...
Rights group flags air strike by Sudan Armed Forces on crowded market as ‘war crime’
15 december 2024 - 05:13:03Nairobi, Kenya (PANA) - Amnesty International says reports that Sudan Armed Forces (SAF) killed dozens in an air strike on [...] Full text...
thread Society
AfDB to make $30 million equity investment in Africa Finance Corporation to catalyse climate action
15 december 2024 - 04:55:52Abidjan, Cote d'Ivoire (PANA) - The African Development Bank’s Board of Directors has approved a $30 million equity investment in [...] Full text...
thread Economy
UN Human Rights: Dozens killed in attack against market place in Sudan
14 december 2024 - 15:01:28Port Sudan, Sudan (PANA) - The UN Human Rights office said Saturday it was “alarmed” by recent attacks on marketplaces [...] Full text...
thread Society
Despite big hurdles, long journey to electric mobility begins across Africa
14 december 2024 - 12:42:24Johannesburg, South Africa (PANA) - Switching to electric mobility is a no-brainer: tailpipe emissions cause poor health or even death [...] Full text...
thread Economy
IMF concludes fourth review of Tanzania’s ECF arrangement, allows disbursement of $204.5 million
14 december 2024 - 09:59:34Dar es Salaam, Tanzania (PANA) – The International Monetary Fund (IMF) has approved immediate disbursement of $204,5 million in two [...] Full text...
thread Economy
Tanzania needs concrete action on its path to resilient, low carbon growth: World Bank
12 december 2024 - 06:40:23Dar es Salaam, Tanzania (PANA - Without decisive action, climate change could cut Tanzania's economic growth by up to 4% [...] Full text...
thread Economy
African airlines expect better gains in operating profits in 2025, demand rises seen
11 december 2024 - 13:38:43Nairobi, Kenya (PANA) - Demand for air travel in Africa is focused to increase in 2025 as airlines increase seats [...] Full text...
thread Economy
Housing Africa’s growing population: IMF Blog By Kecia Rust, Executive Director of Centre for Affordable Housing Finance in Africa
11 december 2024 - 11:04:15Kumasi, Ghana (PANA) - Deeper understanding of informality and better use of technology can build more sustainable housing markets.Informality dominates [...] Full text...
thread Society
Holding the front line against desertification
09 december 2024 - 07:15:59Riyadh, Saudi Arabia (PANA) - Some one billion people globally under the age of 25 live in regions where they [...] Full text...
thread Environment
How Kenya’s school meals programme feed minds and build resilience: World Bank Blog By Sergio Venegas Marin and Ruth Charo
06 december 2024 - 09:45:08Nakuru, Kenya (PANA) - Pupils at Mwariki Primary School in Nakuru County of Kenya enjoy fortified porridge provided to target [...] Full text...
thread Society
Global trade to hit record $33 trillion in 2024, but uncertainties over tariffs loom
05 december 2024 - 19:36:35Geneva, Switzerland (PANA) - Global trade is poised to hit a record $33 trillion in 2024, showcasing remarkable resilience despite [...] Full text...
thread Economy
Global trade set to reach new high, with opportunities and challenges for developing economies in 2025
05 december 2024 - 17:59:28Geneva, Switzerland (PANA) - Global trade is set to reach a record $33 trillion in 2024, according to the latest [...] Full text...
thread
African air passenger demand increases 10.4%
05 december 2024 - 14:38:40Nairobi, Kenya (PANA) - African airlines saw a 10.4% year-on-year increase in demand, according to the International Air Transport Association (IATA) [...] Full text...
thread Economy
African countries count on mineral boom to bolster large scale investment
05 december 2024 - 13:36:34Rabat, Morocco (PANA) - African countries are relying on the mineral potential in the continent to attract large-scale investment into [...] Full text...
thread Economy
Housing’s unique role in lives and economies demands greater understanding: IMF Blog By Gita Bhatt
05 december 2024 - 08:43:42Washington, DC, USA (PANA) - Wherever I go these days, the conversation inevitably focuses on the rising cost of housing. [...] Full text...
thread Economy
Broader access to jobs and public services key to addressing inequality, reducing poverty in Africa, says new report
04 december 2024 - 17:17:48Washington, DC, USA (PANA) - Unequal and limited access to jobs, finance, and public services such as education and healthcare [...] Full text...
thread Economy
Unlocking the development potential of economic corridors: Lobito Corridor and its impact on local communities: World Bank Blog By Juan Carlos, Alvarez Mila Malavoloneque and Sunita Varada
02 december 2024 - 08:54:23Luanda, Angola (PANA) - A multi-sectoral team from the World Bank was on tracks of the Benguela railway and visited [...] Full text...
thread Agriculture
IMF reaches Staff Level agreement on Second Review of ECF for Ethiopia
28 november 2024 - 09:29:50Washington, DC, US (PANA) - A staff team from the International Monetary Fund (IMF) led by Mr. Alvaro Piris and [...] Full text...
thread Economy
Currencies and inflation across Sub-Saharan Africa in 2024: Divergent experiences: World Bank Blog By Megumi Kubota and Cesar Calderon
26 november 2024 - 07:30:51Maputo, Mozambique (PANA) - While inflation pressures seemed mostly synchronised in 2022 and the first half of 2023, they are [...] Full text...
thread Economy
Vaccine development challenges, health sovereignty in Africa highlighted in Dakhla Story by Hespress
24 november 2024 - 19:10:32Dakhla, Morocco (PANA) - The challenges of vaccine development in Africa and South-South cooperation for health sovereignty were the focus [...] Full text...
thread Health
COP29: Climate talks conclude with $300 billion annual pledge
24 november 2024 - 06:51:10Baku, Azerbaijan (PANA) - Rich nations pledged to contribute at least $300 billion annually to the global fight against climate [...] Full text...
thread Environment
Middle East: Gaza food markets ‘in decay’ as starvation looms
14 november 2024 - 05:36:33Geneva, Switzerland (PANA) - Reports of ongoing bombardments, likely starvation and despair continue to emerge from Gaza where many basic [...] Full text...
thread Society
IMF concludes review of Morocco’s RSF arrangement, allows disbursement of US$415 million
13 november 2024 - 07:54:46Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the second review [...] Full text...
thread Economy
The clock is ticking on sub-Saharan Africa's urgent job creation challenge: IMF Blog By Athene Laws, Faten Saliba, Can Sever, and Luc Tucker
12 november 2024 - 08:41:34Gaborone, 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 - 08:15:09Lagos, Nigeria (PANA) - The world’s governments must raise an additional $3 trillion to achieve sustainable and inclusive economic growth [...] Full text...
thread Society
NGOs warn against increasing use of explosive weapons in populated civilian areas in Sudan
09 november 2024 - 16:50:37Port Sudan, Sudan (PANA) - International Non-Governmental Organisations (INGOs) operating in the Sudan have warned against the increased use of [...] Full text...
thread Society
IMF issues preliminary statement on assessment of Congo’s financial stability
08 november 2024 - 08:16:18Washington, DC, United States (PANA) - International Monetary Fund (IMF) staff is engaging with the Republic of Congo authorities to [...] Full text...
thread Economy
AfDB approves $54 million loan for Mozambique’s first wind energy project
03 november 2024 - 05:38:10Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a loan of [...] Full text...
thread Economy
UN chief 'strongly condemns' attacks by Sudan's paramilitary RSF in Aj Jazirah State
01 november 2024 - 17:38:38New York, US (PANA) - UN Secretary-General Antonio Guterres has “strongly” condemned the recent attacks by Sudan's paramilitary Rapid Support [...] Full text...
thread Society
IMF concludes reviews with Kenya
31 october 2024 - 08:19:16Washington, DC,US (PANA) - The Executive Board of the International Monetary Fund (IMF) concluded today the seventh and the eighth [...] Full text...
thread Economy
ETF and OTC investment flows buoy total gold demand
30 october 2024 - 13:01:00London, UK (PANA) - Healthy inflows into global gold exchange traded funds (ETFs) were a major driver of growth in [...] Full text...
thread Economy
Eliminating the productivity drag: IMF F&D article By Nan Li and Diaa Noureldin
30 october 2024 - 10:50:02Washington, DC, United States (PANA) - The global economy has been struggling to regain its footing since the 2008–09 global [...] Full text...
thread Economy
Oversupply could mute effects of wider Middle-East conflict on oil prices
29 october 2024 - 05:30:51EMBARGOED: NOT FOR PUBLICATION, BROADCAST, OR TRANSMISSION UNTIL TUESDAY, October 29, 2024, AT 11:00 AM UTC.Washington, DC, United States (PANA) [...] Full text...
thread Economy
UN: Paramilitary Forces repeat Darfur atrocities in central Sudan
27 october 2024 - 07:21:53Port Sudan, Sudan (PANA) - The United Nations on Sunday described attacks, killing, rape and humiliation perpetrated by the paramilitary [...] Full text...
thread Society
IMF Managing Director outlines global policy agenda
25 october 2024 - 11:09:16Washington, DC, United States (PANA) - The global economy is in danger of getting stuck on a low-growth, high-debt path, [...] Full text...
thread Economy
World Bank Group announces strategic pivot in agribusiness, doubles financial commitment
24 october 2024 - 06:57:43Washington, DC, United States (PANA) - The World Bank Group on Wednesday announced a strategic pivot in its approach to [...] Full text...
thread Economy
Joint IMF-Regional Financing Arrangements hold dialogue on effective collaboration
24 october 2024 - 06:37:41Washington, DC, United States (PANA) - The 9th High-level Regional Financing Arrangements (RFAs) Dialogue was held on Wednesday in Washington [...] Full text...
thread Economy
Global financial fragilities mount despite rate cuts and buoyant markets: IMF Blog By Tobias Adrian, Sheheryar Malik, and Jason Wu
23 october 2024 - 10:10:27Washington, DC, United States (PANA) - When it comes to financial stability, the world is facing a split screen of [...] Full text...
thread Economy
US, Angola sign Open Skies agreement
22 october 2024 - 04:44:20Luanda, Angola (PANA) - The US and Angola have signed an Open Skies Air Transport Agreement in Luanda to advance [...] Full text...
thread Economy
US, Zambia sign agreement to catalyse growth in agricultural sector
21 october 2024 - 06:01:30Washington, DC, US (PANA) - The United States has welcomed the signing of $491 million project with the Government of [...] Full text...
thread Agriculture
How high economic uncertainty may threaten global financial stability: IMF Blog By Mario Catalán, Andrea Deghi and Mahvash S. Qureshi
20 october 2024 - 14:53:14Washington, DC, United States (PANA) - Uncertainty is not as easily measured as traditional indicators like growth or inflation, but [...] Full text...
thread Economy
IMF staff urge strong governance, speedy reforms for inclusive growth in Madagascar
19 october 2024 - 09:42:53Antananarivo, Madagascar (PANA) - Strengthening governance and accelerating reforms to bolster resilience to climate shocks and attract climate finance for [...] Full text...
thread Economy
Modest growth forecast for economies in MENA amid rising uncertainty
17 october 2024 - 06:58:59Washington, DC, United States (PANA) - Growth continues to be subdued in the Middle East and North Africa (MENA) because [...] Full text...
thread Economy
Artificial Intelligence can make markets more efficient—and more volatile: IMF Blog By Nassira Abbas, Charles Cohen, Dirk Jan Grolleman, and Benjamin Mosk
16 october 2024 - 11:02:06Washington, DC, United States (PANA) - More efficient or more volatile? The adoption of the latest iterations of artificial intelligence [...] Full text...
thread Economy
The Chief Economists of Government Network supporting the role of Africa’s chief economic advisors: World Bank Blog By Trudi Makhaya
15 october 2024 - 06:58:53Lusaka, Zambia (PANA) - Today’s political chief executive is expected to play a significant role in driving economic policy. Heads [...] Full text...
thread Society
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
When foreign exchange intervention can best help countries navigate shocks: IMF Blog By Suman Basu, Sonali Das, Olamide Harrison, and Erlend Nier
12 october 2024 - 14:23:40Washington DC, United States (PANA) – With major central banks now cutting policy rates, the global interest rate cycle is [...] Full text...
thread Economy
UN agency expresses 'deep concern' over siege of Sudan's El Fasher city
08 october 2024 - 05:21:26New York, US (PANA) - The UN aid coordination office, OCHA, voiced deep concern on Monday over the siege of [...] Full text...
thread Society
In plain view: Solutions to turbocharge the agrifood system transition: World Bank Blog By Sergiy Zorya, Joshua Gill, Alexandra Horst and Francis Addeah Darko
07 october 2024 - 07:17:30Dar es Salaam, Tanzania (PANA) - Momentum is growing for real food systems change at a scale never seen before. [...] Full text...
thread Agriculture
Building roads to build peace: Our experience in the Central African Republic: World Bank Blog By Papa Modou Ndiaye, Francis Ovanda Mbele and Abdoulaye Sylla
03 october 2024 - 08:14:12Bangui, Central African Republic (PANA) - The Emergency Infrastructure and Connectivity Recovery Project (EICRP) is transforming the northeastern regions of [...] Full text...
thread Economy
Working from home is powering productivity: IMF article by Nicholas Bloom
02 october 2024 - 05:39:32Washington, DC, United States (PANA) - Economics is famous for being the dismal science. Sadly, recent work highlighting the slowdown [...] Full text...
thread Society
South Africa represented at G7 Agriculture Forum for Africa
26 september 2024 - 08:43:18Cape Town, South Africa (PANA) – South Africa's Minister of Agriculture, John Steenhuisen, is attending the G7 Agriculture Forum for [...] Full text...
thread Politics
Somalia navigates progress amidst persistent challenges
25 september 2024 - 07:58:45Mogadishu, Somalia (PANA) - Somalia has made significant macroeconomic strides in recent years, but these gains have yet to translate [...] Full text...
thread Society
‘Irrefutable’ need for global regulation of AI: UN experts
20 september 2024 - 06:26:31New York, US (PANA) - The imperative for global regulation of the booming artificial intelligence (AI) field is “irrefutable”, a [...] Full text...
thread Sciences
Sanitary disaster in Gaza ‘worsening by the day’, warns UNRWA
16 september 2024 - 16:57:27Cairo, Egypt (PANA) - Overcrowded shelters in Gaza, a lack of running water and the constant threat of disease are [...] Full text...
thread Health
WHO chief hails ‘massive success’ of polio campaign in Gaza amid tragic reality
14 september 2024 - 07:10:05Geneva, Switzerland (PANA) - Around 560,000 children under-10 have been successfully vaccinated against polio during the first round of an [...] Full text...
thread Health
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 - 10:09:07Washington, DC, United States (PANA) - In the European Union, income per person, one of the main gauges of living [...] Full text...
thread Economy
IMF Executive Board finds Botswana’s financial sector sound, stable, and resilient
11 september 2024 - 10:34:26Gaborone, Botswana (PANA) – Due to a diamond market contraction, Botswana’s economic growth is expected to slow to 1 percent [...] Full text...
thread Economy
UN commemorates first anniversary of Storm Derna in eastern Libya
10 september 2024 - 11:35:11Tripoli, Libya (PANA) - One year after Storm Daniel and the devastating floods that struck the city of Derna and [...] Full text...
thread Society
Catastrophic hunger doubles in 2024; Gaza and Sudan worst hit
06 september 2024 - 05:18:22New York, US (PANA) - The number of people experiencing catastrophic hunger has surged more than twofold in 2024, due [...] Full text...
thread Society
Sustained economic growth hinges on productivity gains as populations age : IMF Blog By Gita Bhatt
04 september 2024 - 12:00:14Washington, DC, United States (PANA) - A productivity slump is eroding living standards and imperilling financial and social stability “Productivity isn’t [...] Full text...
thread Economy
UNICEF issues emergency tender to secure mpox vaccines for crisis-hit countries
02 september 2024 - 05:01:16New York, US (PANA) - The UN Chidrlen's Fund (UNICEF) has issued an emergency tender for the procurement of mpox [...] Full text...
thread Health
Why land is key to tackling climate change and infrastructure gaps: World Bank Bog By Guangzhe Chen
30 august 2024 - 12:25:05Washington DC, United States (PANA) - While many countries have made impressive progress strengthening their infrastructure, significant gaps remain around [...] Full text...
thread Society
Financial sector at crossroads in emerging markets: Climate risks and financing gaps demand action
30 august 2024 - 06:55:38Washington, DC, United States (PANA) - In almost 60% of banks in Emerging Market and Developing Economies (EMDEs), lending for [...] Full text...
thread Economy
Urbanization has led to increased slum populations, poverty, and inequalityFeature by Oumar Sylla)
29 august 2024 - 19:50:10Nairobi, Kenya (PANA) - Urbanization has led to increased slum populations, poverty, and inequality. Informal employment dominates, with 85.8% of [...] Full text...
thread Environment
Partnership in the water and sanitation sector brings hope to DR Congo: World Bank Blog By Saroj Kumar Jha, Nancy Eslick and David Tshilumba Mutombo
29 august 2024 - 11:11:22Kinshasa, DR Congo (PANA) - In the Democratic Republic of Congo (DRC) many people have to walk to rivers to [...] Full text...
thread Society
South African Minister hails export of avocados to Japan
28 august 2024 - 08:23:45Cape Town, South Africa (PANA) – International Relations and Cooperation Minister, Ronald Lamola, is attending the Tokyo International Conference on [...] Full text...
thread Agriculture
UNICEF raises alarm over diversion of nutrition supplements in Sokoto
25 august 2024 - 14:58:14Geneva, Switzerland (PANA) - The United Nations Children’s Fund’s (UNICEF) recently frowned at the alleged diversion of nutrition supplements in [...] Full text...
thread
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
Botswana prepares for historic UN conference on landlocked countries
23 august 2024 - 05:25:42Gaborone, Botswana (PANA) - Leaders from landlocked developing countries, (LLDCs) will gather in Gaborone, Botswana, this December to tackle challenges, [...] Full text...
thread Politics
Sudan to open Adre border crossing to facilitate humanitarian aid access
16 august 2024 - 17:01:59Port Sudan, Sudan (PANA) - UN aid agencies on Friday welcomed the news that the Sudanese authorities will open Adre [...] Full text...
thread Society
UN rights office calls for accountability for latest ‘horrific’ West Bank killing
16 august 2024 - 14:53:35Geneva, Switzerland (PANA) - The perpetrators of a deadly rampage targeting a Palestinian village in the occupied West Bank must [...] Full text...
thread Society
Congo designs fiscal instruments for sustainable forestry, economic growth
14 august 2024 - 07:42:44Brazzaville, Congo (PANA) – Republic of Congo’s economy is gradually recovering, with GDP growth estimated at 1.9% in 2023, according [...] Full text...
thread Economy
AfDB approves $40m Trade Finance Transaction Guarantee Facility to Ethiopia’s Dashen Bank
10 august 2024 - 05:47:28Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a $40 [...] Full text...
thread Economy
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 - 09:15:51Cape Town, South Africa (PANA) - Imagine a life without electricity to light up your home, clean water to drink [...] Full text...
thread Society
Humanitarians urge Security Council to stop ‘freight train of suffering’ in Sudan
07 august 2024 - 05:36:12New York, US (PANA) - Two senior UN officials appealed to the Security Council on Tuesday for more resources and [...] Full text...
thread Society
World cannot continue to turn blind eye to Sudan as man-made famine is confirmed in Darfur camp: Humanitarians
05 august 2024 - 08:08:59Khartoum, Sudan (PANA) – A man-made famine has taken hold of one of Darfur's largest displacement sites, Zamzam camp near [...] Full text...
thread Society
Now is the time to help countries faced with liquidity challenges: IMF Blog By Ceyla Pazarbasioglu and Pablo Saavedra
01 august 2024 - 17:00:50Washington, United States (PANA) - Many countries are being squeezed by increasing interest payments and high debt redemptions. The economic scarring [...] Full text...
thread Economy
“Middle-Income Trap” hinders progress in 108 developing countries: World Development Report
01 august 2024 - 07:58:33EMBARGOED: NOT FOR PUBLICATION, BROADCAST, OR TRANSMISSION UNTIL THURSDAY, 1 AUGUST, 2024, at 1:30 PM UTCWashington, DC, United States (PANA) [...] Full text...
thread Economy
South Africa attends high-level trade forum in the US
24 july 2024 - 11:21:41Cape Town, South Africa (PANA) – A high-level South African delegation is attending the 21st African Growth and Opportunity Act [...] Full text...
thread Economy
UN leaders urge ‘maximum political will’ to rescue SDGs
23 july 2024 - 06:46:44Addis Ababa, Ethiopia (PANA) - Top UN officials on Monday called for urgent reforms to the international financial system to [...] Full text...
thread Politics
AfDB grants DRC $260 million loan to strengthen agricultural sector
19 july 2024 - 05:47:57Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a loan of [...] Full text...
thread Agriculture
‘Largest’ displacements so far in Gaza’s war of attrition: UN aid agencies
18 july 2024 - 18:39:22Geneva, Switzerland (PANA) - UN humanitarians issued a fresh alert on Thursday about having to cut rations in Gaza where [...] Full text...
thread Society
AfDB's sovereign portfolio retains top spot in 2024 Aid Transparency Index
17 july 2024 - 06:32:34Abidjan, Cote d'Ivoire (PANA) - The global campaign for aid and development transparency has again named the African Development Bank’s [...] Full text...
thread Economy
Global growth steady amid slowing disinflation and rising policy uncertainty: IMF Blog By Pierre-Olivier Gourinchas
16 july 2024 - 17:45:18Washington DC, United States (PANA) - Our global growth projections are unchanged at 3.2 per cent this year and slightly [...] Full text...
thread Economy
New report highlights best practices to support African businesses
16 july 2024 - 07:50:01Accra, Ghana (PANA) - The annual Country Policy and Institutional Assessment (CPIA) for Africa confirms that countries in Sub-Saharan Africa [...] Full text...
thread Economy
Libyan MPs attend 2nd Euro-Mediterranean Parliamentary Forum
13 july 2024 - 19:21:13Tripoli, Libya (PANA) - Members of the Libyan House of Representatives and members of the Mediterranean Parliament, Belkheir al-Chaab Belkheir [...] Full text...
thread Politics
Emerging markets show resilience despite global monetary tightening: IMF Blog By Cian Allen and Rudolfs Bems
13 july 2024 - 11:18:44Washington, 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 Group launches framework for inclusive, private sector-led, resilient growth in Tanzania
12 july 2024 - 10:58:44Dar 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 - 07:20:25Dar es Salaam, Tanzania (PANA) - Due to recently increased attacks by Houthi militants, the Red Sea shipping route remains [...] Full text...
thread Economy
Sudan war: Concern mounts over fate of besieged El Fasher city
12 july 2024 - 05:27:08New York, US (PANA) - UN humanitarians “remain gravely concerned” over the daily fighting that continues to rage in and [...] Full text...
thread Society
World Bank opens fiscal year 2025 funding programme with GBP 750 million 7-year benchmark
11 july 2024 - 07:02:02Washington, D.C., United States (PANA) - The World Bank has priced a 7-year British pound sterling (GBP) benchmark bond due [...] Full text...
thread Economy
Seeking new pathways to green growth in Malawi: World Bank By Qursum Qasim and Efrem Chilima
10 july 2024 - 11:36:35Lilongwe, Malawi (PANA) - With the recent declaration of a drought in 23 of its 28 districts, Malawi once again [...] Full text...
thread Economy
IMF completes fourth review of Mozambique’s ECF, releases US$60.03 million budget support
09 july 2024 - 08:05:07Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) has announced completion of the [...] Full text...
thread Economy
Tens of thousands displaced as fighting intensifies in southeast Sudan
06 july 2024 - 09:12:09Geneva, Switzerland (PANA) - Fresh fighting in southeast Sudan is exacerbating civilian suffering, with reports that over 136,000 people have [...] Full text...
thread Society
IMF Executive Board holds Post-Financing Assessment Consultation with Angola
04 july 2024 - 10:10:00Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has concluded the Post Financing Consultation [...] Full text...
thread Economy
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
EU-Kenya trading treaty enters into force after nearly two decades of talks
02 july 2024 - 22:20:12Nairobi, Kenya (PANA) - The trading treaty between Kenya and the European Union under the Economic Partnership Agreement (EPA), entered [...] 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
WHO supports polio vaccination campaign in Angola
02 july 2024 - 06:09:29Luanda, Angola (PANA) - The authorities in Angola, supported by UN agencies, have initiated a vaccination campaign to curb the [...] Full text...
thread Health
Empowering small emerging commercial farmers: Mozambique success story – World Bank Blog By Blessings Botha
01 july 2024 - 08:58:56Maputo, Mozambique (PANA) - Having seen so many smallholder farmers trapped in low agricultural productivity in Mozambique, I had always [...] Full text...
thread Agriculture
WB to accelerate digital inclusion for 180 million people across Eastern, Southern Africa
28 june 2024 - 12:27:03Lusaka, Zambia (PANA) - A new programe that will benefit over 180 million people by 2032 is poised to significantly [...] Full text...
thread Society
Sovereign debt restructuring process improving amid cooperation and reform: IMF Blog By Ceyla Pazarbasioglu
27 june 2024 - 10:23:36Washington, DC, United States (PANA) - The global economy avoided what could have been a systemic debt crisis during the [...] Full text...
thread Economy
Fostering vibrant, inclusive private sector is key to Somalia’s resilient growth
26 june 2024 - 18:26:55Mogadishu, 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 - 18:03:31Washington, DC, United States (PANA) - After a period of strong growth during 2021-2022, officially recorded remittance flows to low- [...] Full text...
thread Economy
World Drug Day report highlights spike in drug use, increased trafficking
26 june 2024 - 13:11:39Vienna, Austria (PANA) - The UN agency tackling crime and drug abuse (UNODC) released its annual World Drug Report on [...] Full text...
thread Society
Ford South Africa celebrates assembly of one million Rangers
26 june 2024 - 10:17:20Pretoria, South Africa (PANA) - Ford South Africa has celebrated the assembly of the one-millionth Ranger at its Silverton plant [...] Full text...
thread Economy
Equatorial Guinea: New report proposes way forward to develop a safe, inclusive digital economy
25 june 2024 - 12:12:40Malabo, Equatorial Guinea (PANA) - In the wake of new challenges and its prolonged oil-dependency, Equatorial Guinea’s government is aiming [...] Full text...
thread Economy
IMF completes second review of CAR’s ECF arrangement, approves US$25 million credit
25 june 2024 - 12:09:39Bangui, CAR (PANA) – The International Monetary Fund (IMF) Executive Board on Monday completed the second review under the Extended [...] Full text...
thread Economy
Libya's Minister of Economy and Trade orders fixing of prices for certain staple foods
24 june 2024 - 16:48:15Tripoli, Libya (PANA) - The Libyan Minister of Economy and Trade in the government of national unity, Mohamed Al-Haweij, has [...] Full text...
thread Economy
IMF Board approves US$ 149.4 million budget support for Tanzania
21 june 2024 - 10:17:27Dar es Salaam, Tanzania (PANA) – The International Monetary Fund (IMF) has completed the third review of the Extended Credit [...] Full text...
thread Economy
Enhancing inclusive growth and resilience with support to Uganda’s development-focused refugee approach: World Bank Blog
21 june 2024 - 07:17:02Kampala, Uganda (PANA) - Uganda is hosting the largest refugee population in Africa and has gained international recognition for its [...] Full text...
thread Society
Gaza war: Desperate shortages of essentials in Gaza
20 june 2024 - 12:06:12Cairo, Egypt (PANA) - Desperate shortages of essentials in Gaza have left the enclave’s most vulnerable individuals struggling to carry [...] Full text...
thread Society
Libya's UN delegate calls on Security Council to identify those obstructing solution to country's crisis
20 june 2024 - 11:46:19Tripoli, Liba (PANA) - Libya's representative to the United Nations Security Council, Taher el-Sonni, has identified external interference as the [...] Full text...
thread Politics
Getting the global economy out of the slow lane: World Bank Blog By Indermit Gill and M. Ayhan Kose
17 june 2024 - 17:01:14Washington, DC, USA (PANA) - With global growth stabilizing for the first time in three years, inflation reaching a three-year [...] Full text...
thread Economy
AfDB sends high-level delegation to Japan to champion African investment
16 june 2024 - 06:46:57Tokyo, Japan (PANA) - An African Development Bank (AfDB) delegation, led by three vice presidents, will be in Japan from [...] Full text...
thread Economy
Conflict and lawlessness hamper food aid delivery in Gaza: WFP
14 june 2024 - 17:41:59Rome, Italy (PANA) - Escalating fighting in the south and centre of Gaza makes it near-impossible for humanitarians to deliver [...] Full text...
thread Society
Libya. FAO discuss activation of agricultural projects
14 june 2024 - 06:10:49Tripoli, Libya (PANA) - Libyan Deputy Minister for Economic Affair in the Government of National Unity, Saad Al-Hanich, chaired a [...] Full text...
thread Agriculture
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
IMF team, Kenya reach staff-level deal on reviews of EFF, ECF arrangements
12 june 2024 - 10:21:16Nairobi, Kenya (PANA) - Kenya’s economic growth recovered in 2023 with real GDP growing by 5.6 percent, supported by a [...] Full text...
thread Economy
Senegal has produced its first barrel of oil
11 june 2024 - 18:35:19Dakar, Senegal (PANA) - The Sangomar oil field, located around a hundred kilometres off the coast of Dakar, has produced [...] Full text...
thread Economy
Dollar dominance in the international reserve system: IMF Update By Serkan Arslanalp, Barry Eichengreen, and Chima Simpson-Bell
11 june 2024 - 12:56:48Washington DC, United States (PANA) - Dollar dominance—the outsized role of the US dollar in the world economy—has been brought [...] Full text...
thread Economy
Cape Verde must invest in blue economy for growth, sustainability
10 june 2024 - 12:20:53Praia, Cape Verde (PANA) Cape Verde has shown resilience in the post- COVID-19 pandemic recovery, but the crisis highlighted vulnerabilities [...] Full text...
thread Economy
IMF reaches staff-level deal on third review of Zambia’s ECF
05 june 2024 - 13:52:47Lusaka, Zambia (PANA) - The International Monetary Fund (IMF) and Zambia have reached a staff-level agreement on economic policies and [...] Full text...
thread Economy
Mauritania’s economy set to attain 4.3 percent growth in 2024
05 june 2024 - 10:32:26Nouakchott, Mauritania (PANA) – Mauritania’s economic growth in 2024 is expected to improve, while inflation has slowed down significantly. However, the [...] Full text...
thread Economy
Kenya’s economy exhibited robust growth in 2023 despite persistent challenges
05 june 2024 - 07:41:58Nairobi, Kenya (PANA) - Kenya’s real GDP growth accelerated to 5.6% in 2023, surpassing the previous year’s growth of 4.9%. However, [...] Full text...
thread Economy
Top UN humanitarian laments lack of dialogue to resolve conflict
05 june 2024 - 06:58:07New York, United States (PANA) - The UN’s top aid official said on Tuesday he was leaving office at the [...] Full text...
thread Society
AfDB stresses need for responsible, innovative solutions for African debt management
01 june 2024 - 07:56:51Nairobi, 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 - 10:07:18Nairobi, Kenya (PANA) - The World Bank has approved new funding to help Kenya address short-term fiscal pressures and simultaneously [...] Full text...
thread Economy
Sierra Leone to enhance climate-resilient transport, access to market
30 may 2024 - 11:03:00Freetown, Sierra Leone (PANA) - The World Bank Board has approved a $74 million International Development Association (IDA) grant to [...] Full text...
thread Economy
Global economic outlook is brightening but political risks loom large in 2024
29 may 2024 - 13:20:33Geneva, Switzerland (PANA) - The latest Chief Economists Outlook released on Wednesday presents a growing sense of cautious optimism about [...] Full text...
thread Economy
Day 2 at AfDB Meetings in Nairobi
28 may 2024 - 11:42:24Nairobi, Kenya (PANA) - The BRICS Alliance, together with the new member additions, are providing immense trade and investment opportunities [...] Full text...
thread Economy
Malawi moves to fight antibiotics resistance
24 may 2024 - 15:40:01Lilongwe, Malawi (PANA) – The Malawi Ministry of Health, bioMérieux, and Pfizer will collaborate to advance Malawi’s efforts to fight [...] Full text...
thread Health
Nigerian entrepreneur lauded for digital healthcare initiative
24 may 2024 - 15:26:07Boston, Massachusetts (PANA) – A digital healthcare initiative that has enabled some 260,000 patients in Nigerian villages to access healthcare [...] Full text...
thread Health
Global carbon pricing revenues top a record $100 billion
22 may 2024 - 07:29:33Washington, DC, USA (PANA) - In 2023, carbon pricing revenues reached a record $104 billion, according to the World Bank’s [...] Full text...
thread Environment
Ouagadougou to host first International exhibition for Processing, Innovation and Quality
21 may 2024 - 17:27:23Ouagadougou, Burkina Faso (PANA) - The first International exhibition for Processing, Innovation and Quality (STIQ) will be held from 6 [...] Full text...
thread Economy
Libyan, Indonesia discuss trade and investment relations
21 may 2024 - 17:13:46Tripoli, Libya (PANA) - The Libyan Minister of Economy and Trade, Mohamed al-Haweij, has discussed with the Chargé d'Affaires of [...] Full text...
thread Economy
Tourism is back to pre-pandemic levels, but challenges remain: WEF report
21 may 2024 - 09:02:36New York, USA (PANA) - International tourist arrivals and the travel and tourism sector’s contribution to global GDP are expected [...] Full text...
thread Economy
Global economic growth improves but ‘downsides’ lurk
17 may 2024 - 05:47:39New York, US (PANA) - The global economic picture has improved since January, but vulnerabilities remain, the mid-year update of [...] Full text...
thread Economy
Tunisian airline halts flights to Libya
16 may 2024 - 18:29:26Tunis, Tunisia (PANA) - Tunisian airline TunisAir has decided to halt all flights to and from Libyan airports until further [...] Full text...
thread Economy
African climate negotiators eye carbon credits trade
15 may 2024 - 19:36:33Addis Ababa, Ethiopia (PANA) - African climate change negotiators are eyeing opportunities for countries to earn more from trade in [...] Full text...
thread Environment
Africa: a major pillar of climate action - Nassim Oulmane
13 may 2024 - 19:18:59Addis-Ababa, Ethiopia (PANA) - Africa is the pillar of climate action, said Nassim Oulmane, Director of the Technology, Climate Change [...] Full text...
thread Environment
Workshop for African negotiators on Article 6 of the Paris Agreement
13 may 2024 - 17:03:44Cotonou, Benin (PANA) - The Economic Commission for Africa's Climate Policy Centre (ACPC/ECA) is holding a three-day regional workshop on [...] Full text...
thread Environment
‘Untold harm to nature’ from wildlife trafficking, warns UN crime agency
13 may 2024 - 13:11:00Vienna, Austria (PANA) - Despite two decades of worldwide efforts, more than 4,000 precious wildlife species still fall prey to [...] Full text...
thread Society
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
Trafficking in the Sahel: Cracking down on illicit drugs (Feature by UN News)
06 may 2024 - 05:29:35Dakar, Senegal (PANA) - Cocaine, cannabis and opioids are getting easier to buy as criminal networks and armed groups capitalise [...] Full text...
thread Society
Libyan oil minister discusses sustainable growth in energy sector with Saudi counterpart
01 may 2024 - 12:34:59Tripoli, Libya (PANA) - The acting Libyan Minister of Oil and Gas, Khalifa Abdel Saddok, led a high-level Libyan delegation [...] Full text...
thread Economy
Botswana to lure investors at US–Africa Business Summit
30 april 2024 - 16:33:48Gaborone, Botswana (PANA) - The Botswana Investment and Trade Centre (BITC) on Tuesday announced its intention to participate at the [...] Full text...
thread Economy
Harnessing Sub-Saharan Africa’s critical mineral wealth
29 april 2024 - 18:48:51Kinshasa, DR Congo (PANA) - From electric vehicles to solar panels to future innovations, the global transition to clean energy [...] Full text...
thread Economy
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
Tanzania lauds partnership with AfDB as Tangayinka, Zanzibar celebrate union
29 april 2024 - 12:12:13Dar es Salaam, Tanzania (PANA) - Tanzanian President, Dr. Samia Suluhu Hassan, has lauded the strong partnership with the African [...] Full text...
thread Economy
General Assembly President raises alert over ‘commodity dependence’
27 april 2024 - 05:41:32New York, US (PANA) - The President of the General Assembly on Friday called for Member States and stakeholders to [...] Full text...
thread Economy
Libya's Minister for Economy reaffirms importance of investment, trade with Malta
25 april 2024 - 13:39:01Tripoli, Libya (PANA) - The Libyan Minister of Economy and Trade, Mohamed al-Haweij, has stressed the importance of investment, trade [...] Full text...
thread Economy
Global commodity prices level off, hurting prospects for lower inflation
25 april 2024 - 09:03:19EMBARGOED: NOT FOR PUBLICATION UNTIL THURSDAY, APRIL 25, 2024, AT 11:00 AM UTC. Washington, United States (PANA) - Global commodity prices [...] Full text...
thread Economy
UN chief calls for all hands on deck at Climate Promise 2025 launch
24 april 2024 - 04:55:59New York, US (PANA) - Top UN officials launched a fresh global campaign to tackle the climate emergency on Tuesday, [...] Full text...
thread Environment
Africa urged to meet challenges of sustainable development
23 april 2024 - 16:21:03Addis Ababa, Ethiopia (PANA) - Africa is being urged to address the critical challenges it faces, as the 10th African [...] Full text...
thread Economy
Niger sets out five priorities for Africa to achieve SDGs
23 april 2024 - 13:09:24Addis Ababa, Ethiopia (PANA) - Niger's Minister of Water, Sanitation and the Environment, Maizama Abdoulaye, has set out five priorities [...] Full text...
thread Economy
Tenth African Regional Forum on Sustainable Development opens
23 april 2024 - 10:50:28Addis Ababa, Ethiopia (PANA) - The 10th African Regional Forum on Sustainable Development (FRADD) got under way on Tuesday in [...] Full text...
thread Economy
Africa prepares for International Summit on Sustainable Development
22 april 2024 - 15:56:47Addis Ababa, Ethiopia (PANA) - The tenth African Regional Forum on Sustainable Development (ARFSD), designed to prepare the African position [...] Full text...
thread Economy
Sub-Saharan Africa faces turning point
20 april 2024 - 10:49:24Dar es Salaam, Tanzania (PANA) - After four turbulent years, the outlook for sub-Saharan Africa is gradually improving, according to [...] Full text...
thread Economy
Africa urged to speed up implementation of bold solutions to achieve SDGs
19 april 2024 - 12:59:32Cotonou, Benin (PANA) - The Director of the Climate Change, Technology and Natural Resources Management Division of the Economic Commission [...] Full text...
thread Society
Eswatini looks forward to increased sugar exports from improved cane production
18 april 2024 - 13:07:24Mbabane, Eswatini (PANA) – Eswatini’s sugar production in marketing year (MY) 2024/25 is forecast to rise on improved cane deliveries [...] Full text...
thread Agriculture
Gaza war: $2.8 billion appeal for three million people in Gaza, West Bank launched
17 april 2024 - 20:53:10Cairo, Egypt (PANA) - UN and partner agencies insisted on Wednesday that “critical changes” are needed to improve aid access [...] Full text...
thread Society
Why our world needs fiscal restraint in biggest-ever election year: IMF Blog By Era Dabla-Norris, Vitor Gaspar, Marcos Poplawski-Ribeiro, Jiae Yoo
17 april 2024 - 17:37:06Washington DC, United States (PANA} - The global economic and financial outlook has improved in the last six months. Inflation has [...] Full text...
thread Economy
Volkswagen to invest $211 million to manufacture third model in South Africa
17 april 2024 - 10:36:57Dar es Salaam, Tanzania (PANA) - Volkswagen Group Africa (VWA) will invest 4 billion rands (aproximately $211 million) in its [...] Full text...
thread Economy
Global economy remains resilient despite uneven growth, challenges ahead: New IMF Blog By Pierre-Olivier Gourinchas
16 april 2024 - 19:43:48Washington DC, USA (PANA) - Despite gloomy predictions, the global economy remains remarkably resilient, with steady growth and inflation slowing [...] Full text...
thread Economy
Central banks must remain vigilant along the last mile of disinflation: IMF Blog By Tobias Adrian
16 april 2024 - 18:23:10Washington DC. United States (PANA) - A sense of optimism has pervaded financial markets in recent months, amid investor confidence [...] Full text...
thread Economy
Uncertainty, amidst conflict and indebtedness, weighs on the outlook for MENA region
15 april 2024 - 17:24:02Washington, DC. USA (PANA) -- Lacklustre growth, rising indebtedness and heightened uncertainty due to the conflict in the Middle East [...] Full text...
thread Economy
Industrial policy is back but the bar to get it right is high: IMF Blog By Anna Ilyina, Ceyla Pazarbasioglu, Michele Ruta
12 april 2024 - 16:14:18Washington DC, USA (PANA) - Governments have traditionally used targeted interventions known as industrial policy to make domestic producers more [...] Full text...
thread Economy
Egypt seeks to raise earnings of millions working in cotton production, textile manufacturing
12 april 2024 - 11:36:04Cairo, Egypt (PANA) – Egypt’s cotton production in marketing year (MY) 2024/25 is forecast at 310,000 bales, down 40,000 bales [...] Full text...
thread Agriculture
Industrial policy is not magic cure for slow growth: IMF Blog By Era Dabla-Norris, Daniel Garcia-Macia, Vitor Gaspar, Li Liu
11 april 2024 - 08:42:06Washington, D.C., USA (PANA) – Many countries are ramping up industrial policy to boost innovation in specific sectors in the [...] Full text...
thread Economy
World must prioritise productivity reforms to revive medium-term growth: IMF Blog By Nan Li, Diaa Noureldin
10 april 2024 - 15:12:53Washington DC, USA (PANA) - The world economy faces a sobering reality. The global growth rate - stripped of cyclical [...] Full text...
thread Economy
Emerging markets exercising greater global sway: New IMF Blog By Nicolas Fernandez-Arias, Alberto Musso, Carolina Osorio-Buitron, Adina Popescu
09 april 2024 - 15:42:15Washington DC, United States (PANA) - The global economy is increasingly influenced by the Group of Twenty’s large emerging markets. Over [...] Full text...
thread Economy
Fast-growing $2 trillion private credit market warrants closer watch: IMF Blog By Charles Cohen, Caio Ferreira, Fabio Natalucci, Nobuyasu Sugimoto
08 april 2024 - 15:40:00Washington DC, United States (PANA) - The private credit market, in which specialized non-bank financial institutions such as investment funds [...] Full text...
thread Economy
African economies projected to grow by 3.4 % in 2024, but faster, more equitable growth needed to reduce poverty
08 april 2024 - 13:06:54Washington, DC, United States (PANA) - Increased private consumption and declining inflation are supporting an economic rebound in Sub-Saharan Africa. However, [...] Full text...
thread Economy
Housing is one reason not all countries feel same pinch of higher interest rates: IMF Blog By Mehdi Benatiya Andaloussi, Nina Biljanovska, Alessia De Stefani, and Rui Mano
08 april 2024 - 11:00:27Washington, DC, United States (PANA) - Central banks have raised interest rates significantly over the past two years to combat [...] Full text...
thread Economy
South Africa: South Africa secures Middle East livestock deal
06 april 2024 - 15:18:45Cape Town, South Africa (PANA) - An increase in global demand for red meat is positioning Eastern Cape farmers at [...] Full text...
thread Economy
World Bank demonstrates depth of its capital markets investor base with dual tranche US$ 6 billion bonds
04 april 2024 - 10:58:01Washington, D.C., USA (PANA) - The World Bank on Wednesday priced two Sustainable Development Bonds, raising a total of US$ [...] Full text...
thread Economy
Algerian economy struggles with persistent inflation - IMF
30 march 2024 - 09:31:53Algiers, Algeria (PANA) - Algeria’s economy is estimated to have grown by 4.2 per cent in 2023, a robust performance [...] Full text...
thread Economy
AfDB signs US$75 million loan agreement to boost fertilizer production in Nigeria
29 march 2024 - 13:17:05Port Harcourt, Nigeria (PANA) - The African Development Bank (AfDB) has signed a US$75 million loan agreement with Nigeria’s Indorama [...] Full text...
thread Economy
Fiscal and financial risks of high debt, slow-growth world: IMF Blog By Tobias Adrian, Vitor Gaspar, Pierre-Olivier Gourinchas
29 march 2024 - 13:14:00Washington, United States (PANA) - Higher long-term real interest rates, lower growth, and higher debt will put pressure on medium-term [...] Full text...
thread Economy
World Bank publishes new data to boost investment in emerging markets
29 march 2024 - 06:50:39Washington, USA (PANA) - The World Bank Group (WBG) on Thursday published sought-after proprietary statistics that reveal the credit risk [...] Full text...
thread Economy
Rights experts raise red flags about increased sex trafficking, child recruitment in Sudan
23 march 2024 - 05:25:17Geneva, Switzerland (PANA) - Independent UN human rights experts on Friday expressed alarm over increased reports of sexual slavery and trafficking [...] Full text...
thread Society
Strengthen central bank independence to protect the world economy: IMF Blog By Kristalina Georgieva
21 march 2024 - 11:38:41Washington, DC, United States (PANA) - Central bankers today face many challenges to their independence. Calls are growing for interest-rate [...] Full text...
thread Economy
Breaking the debt super-cycle: IMF Blog by Atif Mian
20 march 2024 - 07:50:15Washington DC, USA (PANA) - Dependence on credit to boost demand imperils the world economy—we must correct the underlying imbalances Nature [...] Full text...
thread Economy
Harmonised Index of Consumer Prices up in Benin
17 march 2024 - 15:44:54Cotonou, Benin (PANA) - Benin's Harmonised Index of Consumer Prices for February 2024 rose to 112.1 from 110.5 a month [...] Full text...
thread Economy
Meeting focuses on preparations for Libyan-Maltese Trade and Export Forum
15 march 2024 - 10:48:56Tripoli, Libya (PANA) - Libya's Minister of Economy and Trade in the Government of National Unity, Mohamed al-Haweij, has discussed [...] Full text...
thread Economy
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
Drugs online: UN-backed body offers solutions to counter narcotics surge
06 march 2024 - 07:01:52Vienna, Austria (PANA) - Drug dealers have continued to use cutting-edge digital technology, social media platforms and disinformation to sell [...] Full text...
thread Society
African Ministers seek regional capital markets to finance climate change action
05 march 2024 - 12:25:12Victoria Falls, Zimbabwe (PANA) – Zimbabwean President Emmerson Mnangagwa has called for measures to address climate change, the debt crisis [...] Full text...
thread Economy
Price-tag policymaking doesn’t measure things that matter to people: IMF Blog By Katharina Pistor
05 march 2024 - 11:24:49Washington, DC, United States (PANA) - Rule by price has become not only in economics but in public policy too. [...] Full text...
thread Economy
US sanctions Zimbabwe President Mnangagwa, 10 others, three entities for corruption
05 march 2024 - 06:42:05Washington, DC, US (PANA) - The United States on Monday sanctioned 11 Zimbabweans, including President Emmerson Mnangagwa, and three entities, under [...] Full text...
thread Society
Lighting up Africa: Nigeria can show the way: World Bank Blog By Anna Bjerde
29 february 2024 - 18:59:59Abuja, Nigeria (PANA) - Over the past 20 years, considerable progress has been made in electrifying the world, with the [...] Full text...
thread Economy
World Bank Group prepares major overhaul to guarantee business reforms
29 february 2024 - 07:03:59Washington, USA (PANA) - The World Bank Group on Wednesday announced a major overhaul to its guarantee business that will [...] Full text...
thread Economy
Bridging the educational divide in Lesotho to improve learner outcomes: World Bank Blog By Victoria Kwakwa
27 february 2024 - 11:30:34Maseru, Lesotho (PANA) - At Morapeli High School in Lesotho, the atmosphere was buoyant as young adults in smart uniforms [...] Full text...
thread Society
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
How can we reinvigorate international trade? World Bank Blog By Pablo Saavedra and Mona Haddad
25 february 2024 - 17:05:58Abu Dhabi, United Arab Emirates, (PANA) - After decades of accelerating globalisation, since 2008 international trade has grown at roughly [...] Full text...
thread Economy
Sudan conflict: US slams Sudan Army for prohibiting humanitarian assistance from Chad
24 february 2024 - 10:28:50Washington, DC, US (PANA) - The United States has slammed Sudanese Armed Forces’ (SAF) recent decision to prohibit cross border [...] Full text...
thread Society