IMF Executive Board completes second review under Extended Credit Facility Arrangement for Burkina Faso

21 december 2024 - 10:30:28
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the Second Review under [...] Full text...

thread Economy

IMF Executive Board completes first review under Extended Credit Facility arrangement for Togo

21 december 2024 - 09:59:30
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the first review of [...] Full text...

thread Economy

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

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

thread Economy

IMF identifies Benin’s key challenge in economic transformation efforts

18 december 2024 - 11:04:42
Cotonou, Benin (PANA) - A key challenge ahead for Benin is to further strengthen inclusive policies for an economic transformation [...] Full text...

thread Economy

IMF Board completes fourth review of Zambia’s ECF arrangement

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

thread Economy

Results of matches played across Africa in group stage of 2024/24 CAF Champions League.

16 december 2024 - 18:13:30
Le Caire, Egypte (PANA)-Voici les résultats des matches joués à travers l'Afrique dans le cadre de la phase de groupes [...] Full text...

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2024 CAF Awards: Tanzania’s Diamond Platnumz, Morocco’s Dystinct among top artists

15 december 2024 - 12:28:49
Marrakech, Morocco (PANA) - Diamond Platnumz, the Tanzanian music superstar, and Dystinct, the Moroccan who is known for his genre [...] Full text...

thread Sports

FIFA Intercontinental Cup: Penalty drama ends Al Ahly's Cup dream

15 december 2024 - 12:17:41
Doha, Qatar (PANA) - Al Ahly's hopes of reaching the FIFA Intercontinental Cup final were dashed after a heartbreaking 6-5 [...] Full text...

thread Sports

2024/24 CAF Champions League: Latest results from Group matches

15 december 2024 - 12:15:23
Cairo, Egypt (PANA) - The following are reports from matches played across Africa in the group stage of the 2024/24 [...] Full text...

thread Sports

Gold Outlook 2025 navigates a fine line influenced by rates, risk and growth

13 december 2024 - 12:41:19
London, UK (PANA) - Gold is poised for its best annual performance in more than a decade – up 28% [...] Full text...

thread Economy

African airlines expect better gains in operating profits in 2025, demand rises seen

11 december 2024 - 13:38:43
Nairobi, Kenya (PANA) - Demand for air travel in Africa is focused to increase in 2025 as airlines increase seats [...] Full text...

thread Economy

Airlines facing equipment supply disruptions likely to slowdown growth

10 december 2024 - 21:40:18
Nairobi, Kenya (PANA) – The International Air Transport Association (IATA) expects severe supply chain issues to continue to impact airline [...] Full text...

thread Economy

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

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

thread Economy

IMF Executive Board completes third review under the ECF arrangement with Ghana

03 december 2024 - 05:07:20
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday completed the third review [...] Full text...

thread Economy

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

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

thread Environment

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

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

thread Sports

ECOWAS Observation Mission meets stakeholders of Ghana polls ahead of 7 December vote

21 november 2024 - 05:59:48
Accra, Ghana (PANA) - The Core Team of the ECOWAS Long-Term Observation Mission has stepped up consultation meetings with stakeholders [...] Full text...

thread Politics

Libya blames Nigeria for failure to qualify for AFCON tournament

19 november 2024 - 16:16:27
Tripoli, Libya (PANA) - The Libyan national team failed to secure qualification for the 2025 Africa Cup of Nations tournament [...] Full text...

thread Sports

IMF, Comoros reach staff-level agreement on third review of ECF arrangement

16 november 2024 - 10:25:28
Moroni, Comoros (PANA) - Comorian authorities and International Monetary Fund (IMF) staff have reached a staff-level agreement on economic policies [...] Full text...

thread Economy

2025 AFCON qualifiers: Heartbreak for Ghana as Black Stars crash out, Comoros qualify

16 november 2024 - 04:44:12
Cairo, Egypt (PANA) - Ghana’s hopes of reaching the 2025 TotalEnergies CAF Africa Cup of Nations ended in heartbreak as [...] Full text...

thread Sports

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

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

thread Economy

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

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

thread Economy

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

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

thread Economy

IMF, Guinea Bissau reach staff-level deal on review of ECF arrangement

08 november 2024 - 07:47:03
Bissau, Guinea Bissau (PANA) – The International Monetary Fund (IMF) and Guinea Bissau have reached staff-level agreement on economic policies [...] Full text...

thread Economy

IMF Executive Board approves US$248.5 million for Sierra Leone

01 november 2024 - 07:33:51
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Thursday concluded the 2024 Article [...] Full text...

thread Economy

IMF concludes reviews with Kenya

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

thread Economy

WHO lists additional mpox diagnostic tests for emergency use

30 october 2024 - 19:07:05
Geneva, Switzerland (PANA) - As part of ongoing efforts to enhance quality-assured testing options, the World Health Organization (WHO) has [...] Full text...

thread Health

In Sudan, once more sports transcend all tragedies, bring hope to people

29 october 2024 - 05:56:39
Sport report by Mohamed Osman AdamPort Sudan, Sudan (PANA)- It was a whistle that I could never forget, six months [...] Full text...

thread Sports

Togo advances reforms, pursues sound economic policies: IMF

25 october 2024 - 12:30:38
Lomé, Togo (PANA) – An International Monetary Fund (IMF) staff mission has commended Togolese authorities on the sustained progress in [...] Full text...

thread Economy

Rwanda’s economic growth among strongest in Sub-Saharan Africa: IMF

23 october 2024 - 08:51:42
Kigali, Rwanda (PANA) – International Monetary Fund (IMF) staff and the Rwandan authorities have reached staff-level agreement on policies needed [...] Full text...

thread Economy

Zambia’s drought impact stuns IMF staff team

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

thread Economy

Regaining modern values can reverse the slowdown in innovation and its rewards: IMF Blog By Edmund Phelps

16 october 2024 - 07:32:49
Washington DC, United States (PANA) - Why do some nations experience mass economic flourishing while others do not? Why did [...] Full text...

thread Economy

Examining assumptions in education policy: A decade of World Bank research By Luis Benveniste, Tracy Wilichowski, Quentin Daviot and Gabrielle Arenge

16 october 2024 - 07:31:10
Washington, DC. United States (PANA - A compendium of impact evaluations provides policymakers and practitioners with actionable information to enhance [...] Full text...

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

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

thread Society

Poorest economies face toughest conditions in two decades

14 october 2024 - 07:49:01
Washington, DC, United States (PANA) - The world’s 26 poorest economies—home to about 40 percent of all people who live [...] Full text...

thread Economy

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

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

thread Economy

IMF expects Côte d’Ivoire to boost recovery of regional official reserves

11 october 2024 - 11:38:27
Abidjan, Cote d’Ivoire (PANA) – International Monetary Fund (IMF) staff and the Cote d’Ivoire authorities have reached a staff-level agreement [...] Full text...

thread Economy

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

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

thread Economy

Kenya Parliament debates motion to impeach Deputy President

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

thread Politics

WHO approves first mpox diagnostic test for emergency use

05 october 2024 - 05:20:49
Geneva, Switzerland (PANA) - The World Health Organisation (WHO) announced on Friday that it has approved the first mpox diagnostic [...] Full text...

thread Health

IMF reaches Staff-Level Agreement with Ghana on Third Review of the Extended Credit Facility

04 october 2024 - 13:00:46
Accra, Ghana (PANA) - IMF staff and the Ghanaian authorities have reached staff-level agreement on economic policies and reforms to [...] Full text...

thread Economy

South Sudan faces macroeconomic challenges resulting from endless war in neighbouring Sudan: IMF team

02 october 2024 - 18:12:48
Juba, South Sudan (PANA) – South Sudan continues to face several difficult macroeconomic challenges, partly resulting from the spillovers of [...] Full text...

thread Economy

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

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

thread Economy

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

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

thread Society

Nigerian star Osimhen ends goal drought with brace

28 september 2024 - 19:12:38
Istanbul, Turkuiye (PANA) - Victor Osimhen stole the spotlight with his maiden goal in his fourth start for the Istanbul [...] Full text...

thread Sports

Single sky reform: EC adopts first reading position on efficiency of air space management in EU

26 september 2024 - 11:45:26
Brussels, Belgium (PANA) - With a view to improving the overall efficiency of the way in which European airspace is [...] Full text...

thread Society

2024 TotalEnergies CAF Super Cup: CAF, PUMA unveil official match ball

26 september 2024 - 10:57:34
Cairo, Egypt (PANA) - The Confederation of African Football (CAF) and PUMA, a global sportskit manufacturer, have unveiled the official [...] Full text...

thread Sports

World Economic Forum: Chief economists point to stabilising outlook but warn on debt and political polarisation

25 september 2024 - 12:01:52
Geneva, Switzerland (PANA) - Easing inflation and strong global commerce are fuelling cautious optimism for recovery but elevated debt levels [...] Full text...

thread Economy

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

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

thread Economy

Guinea Economic Update: Natural resource management for development

20 september 2024 - 07:35:17
Conakry, Guinea (PANA) – Agriculture is pivotal for Guinea's structural transformation and climate resilience, serving as a cornerstone for inclusive [...] Full text...

thread Economy

Economic diversification: Crafting a multi-sectoral strategy for economic stabilisation for Malawi: World Bank Blog By Tatenda Chiuye

19 september 2024 - 09:13:55
Lilongwe, Malawi (PANA) - Have you ever owned a favourite pen that you found indispensable? I certainly had, every day [...] Full text...

thread Society

Benin prepares 2025 budget in compliance with WAEMU fiscal norm

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

thread Economy

How to Awaken Europe's Private Sector and Boost Economic Growth: IMF Blog By Diego Cerdeiro, Gee Hee Hong, and Alfred Kammer

12 september 2024 - 10:09:07
Washington, DC, United States (PANA) - In the European Union, income per person, one of the main gauges of living [...] Full text...

thread Economy

2025 AFCON qualifiers: Seven matches to watch as road to Morocco begins

04 september 2024 - 06:18:48
Cairo, Egypt (PANA) - The journey to the TotalEnergies Africa Cup of Nations, Morocco 2025, officially begins on Wednesday, 4 [...] Full text...

thread Sports

Women lead record number of central banks, but more progress is needed: IMF Blog

30 august 2024 - 05:38:07
Washington DC, United States (PANA) - Women are leading more central banks than ever before, thanks to appointments in the [...] Full text...

thread Gender

African health ministers, partners urge equitable access to critical tools to curb cervical cancer threat

29 august 2024 - 18:45:43
Brazzaville, Congo (PANA) – Inequitable access to vaccines and high-performance screening tools is hampering efforts to effectively reduce the growing [...] Full text...

thread Health

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 - 11:11:22
Kinshasa, DR Congo (PANA) - In the Democratic Republic of Congo (DRC) many people have to walk to  rivers to [...] Full text...

thread Society

Transforming Africa: World Bank and African Development Bank unite for data-driven progress: World Bank Blog By Momar Kouta and Ravi Kumar

28 august 2024 - 13:01:11
Nairobi, Kenya (PANA) - “One of the reasons we do not share data in machine readable format is because we [...] Full text...

thread Economy

UNICEF raises alarm over diversion of nutrition supplements in Sokoto

25 august 2024 - 14:58:14
Geneva, Switzerland (PANA) - The United Nations Children’s Fund’s (UNICEF) recently frowned at the alleged diversion of nutrition supplements in [...] Full text...

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Kenya Airways returns to profitability after a decade

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

thread Economy

Ivorian team reach semi final of WAFU B WCL qualifiers

17 august 2024 - 06:36:14
Abidjan, Cote d'Ivoire (PANA) - Inter d’Abidjan booked their place in the semi-finals of the WAFU Zone B CAF Women’s [...] Full text...

thread Sports

Etincelle dazzle in six-goal thriller; Edo Queens dominate Hasaacas Ladies

15 august 2024 - 06:19:36
Abidjan, Cote d'Ivoire (PANA) - The WAFU Zone B Women's Champions League (WCL) qualifiers witnessed a goal-fest on Wednesday as [...] Full text...

thread Sports

Gambia, MRCG at LSHTM achieved longitudinal population study

14 august 2024 - 13:40:39
Banjul, Gambia (PANA) - The Medical Research Council Unit the Gambia at The London School of Hygiene and Tropical Medicine [...] Full text...

thread Health

Results from CAF WAFU B Qualifiers

13 august 2024 - 06:01:10
Abidjan, Cote d'Ivoire (PANA) - Nigerian champions, Edo Queens, delivered a dominant 5-0 victory over AS GNN in their Group [...] Full text...

thread Sports

CAF congratulates Morocco, Egypt for valiant performances at Paris Olympic football

11 august 2024 - 10:03:05
Cairo, Egypt (PANA) - The Confederation of African Football (CAF) has congratulated Morocco for winning Bronze in Men's Football at [...] Full text...

thread Sports

2024 Paris Olympics: Morocco's Rahimi crowned top scorer in men's football

10 august 2024 - 05:45:33
Paris, France (PANA) - Morocco's Soufiane Rahimi has etched his name into Olympic football history, clinching the top football award [...] Full text...

thread Sports

Bold fiscal reforms can unlock Cameroon’s full potential

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

thread Economy

Three-in-one project to foster human capital development in Burundi

02 august 2024 - 06:33:10
Bujumbura, Burundi (PANA) - With a focus on nutrition, healthcare and education, a new World Bank-financed project will empower boys [...] Full text...

thread Society

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

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

thread Economy

On African Women's Day, a reflection on women empowerment and remaining challenges in Angola: World Bank Blog By Natália Timóteo Yange

31 july 2024 - 08:18:59
Luanda, Angola (PANA) - On the day we celebrate African Women, Natália Yange guides us in an in-depth reflection on [...] Full text...

thread Gender

2024 Olympic Games: Morocco, Egypt roar into men's football quarter-final

31 july 2024 - 07:10:09
Paris, France (PANA) - Morocco and Egypt on Tuesday qualified for the quarter finals of the men's football at the [...] Full text...

thread Sports

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

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

thread Economy

Morocco's economy proves resilient but private sector faces challenges

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

thread Economy

Former international Nibombe Dare named Togo's new head coach

18 july 2024 - 06:52:15
Lome, Togo (PANA) - The Togolese Football Federation (FTF) has officially announced the appointment of Nibombe Dare as the new [...] Full text...

thread Sports

Global growth steady amid slowing disinflation and rising policy uncertainty: IMF Blog By Pierre-Olivier Gourinchas

16 july 2024 - 17:45:18
Washington DC, United States (PANA) - Our global growth projections are unchanged at 3.2 per cent this year and slightly [...] Full text...

thread Economy

Cape Town International Airport ranked second in global survey

16 july 2024 - 10:04:19
Cape Town, South Africa (PANA) – Cape Town International Airport has been ranked second-best worldwide, according to a new global [...] Full text...

thread Economy

New report highlights best practices to support African businesses

16 july 2024 - 07:50:01
Accra, Ghana (PANA) - The annual Country Policy and Institutional Assessment (CPIA) for Africa confirms that countries in Sub-Saharan Africa [...] Full text...

thread Economy

Stakeholders conclude key AfDB workshop on Connectivity Portal

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

thread Economy

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

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

thread Economy

IMF completes Gambia’s first review under Extended Credit Facility

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

thread Economy

IMF completes fourth review of Mozambique’s ECF, releases US$60.03 million budget support

09 july 2024 - 08:05:07
Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) has announced completion of the [...] Full text...

thread Economy

Guinea-Bissau implements IMF’s general data dissemination system

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

thread Economy

Criminal complaint laid against South Africa's new Sports Minister

02 july 2024 - 14:50:35
Cape Town, South Africa (PANA) –  A criminal complaint has been made against newly appointed Sports, Arts and Culture Minister [...] Full text...

thread Society

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

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

thread Economy

IMF staff completes 2024 Article IV mission to Zimbabwe

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

thread Economy

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

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

thread Health

IMF completes Zambia’s third review under ECF, approves access to US$569.6 million

27 june 2024 - 07:07:00
Lusaka, Zambia (PANA) - The Executive Board of the International Monetary Fund (IMF) completed on Wednesday the third review of [...] Full text...

thread Economy

Fostering vibrant, inclusive private sector is key to Somalia’s resilient growth

26 june 2024 - 18:26:55
Mogadishu, Somalia (PANA) - Since Somalia’s private sector accounts for an estimated 95 per cent of total jobs created, marshalling [...] Full text...

thread Economy

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

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

thread Economy

IMF traces signs of macroeconomic stabilisation in Comoros

22 june 2024 - 10:20:58
Moroni, Comoros (PANA) - Reforms are beginning to bear fruit in the Comoros, with visible signs of macroeconomic stabilisation. But, according [...] Full text...

thread Economy

IMF Board approves US$ 149.4 million budget support for Tanzania

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

thread Economy

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

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

thread Economy

Senegal’s new authorities committed to growth-friendly fiscal consolidation

20 june 2024 - 11:33:20
Dakar, Senegal (PANA) - An International Monetary Fund (IMF) staff team has welcomed the Senegalese new authorities’ commitment to the [...] Full text...

thread Economy

Energy transition momentum slowing amid rising global volatility, WEF report finds

19 june 2024 - 09:52:05
Geneva, Switzerland (PANA) - The global energy transition to a more equitable, secure and sustainable energy system is still progressing [...] Full text...

thread Economy

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

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

thread Economy

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

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

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Getting the global economy out of the slow lane: World Bank Blog By Indermit Gill and M. Ayhan Kose

17 june 2024 - 17:01:14
Washington, DC, USA (PANA) - With global growth stabilizing for the first time in three years, inflation reaching a three-year [...] Full text...

thread Economy

IMF, Mozambique reach Staff-Level Agreement on Fourth Review of ECF

17 june 2024 - 09:09:39
Washington, DC, US (PANA) - An International Monetary Fund (IMF) team and the Mozambican authorities have reached a staff-level agreement [...] Full text...

thread Economy

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

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

thread Economy

Libya. FAO discuss activation of agricultural projects

14 june 2024 - 06:10:49
Tripoli, Libya (PANA) - Libyan Deputy Minister for Economic Affair in the Government of National Unity, Saad Al-Hanich, chaired a [...] Full text...

thread Agriculture

Parity for women remains five generations away but historical election year offers hope

12 june 2024 - 11:58:22
Geneva, Switzerland (PANA) - The world has closed 68.5% of the gender gap, according to the Global Gender Gap Report [...] Full text...

thread Gender

IMF urges South Sudan to uphold prudent macroeconomic policies

11 june 2024 - 11:55:15
Juba, South Sudan (PANA) – The International Monetary Fund (IMF) is urging the authorities of South Sudan to return to [...] Full text...

thread Economy

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

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

thread Economy

Cape Verde must invest in blue economy for growth, sustainability

10 june 2024 - 12:20:53
Praia, Cape Verde (PANA) Cape Verde has shown resilience in the post- COVID-19 pandemic recovery, but the crisis highlighted vulnerabilities [...] Full text...

thread Economy

2026 FIFA WC qualifiers: it's Cameroon 4-1 Cape Verde in Group D

09 june 2024 - 12:56:33
Yaounde, Cameroon (PANA) - Cameroon delivered a scintillating performance on Saturday, roaring to a resounding 4-1 victory over Cape Verde [...] Full text...

thread Sports

Raising agricultural productivity, private sector investment can help Zambia achieve sustained and inclusive growth

06 june 2024 - 18:56:45
Lusaka, Zambia (PANA) - While Zambia’s economy is still recovering from the COVID-19 pandemic and a previous recession, a new [...] Full text...

thread Economy

South Africa's ruling ANC discusses poor election results

06 june 2024 - 09:47:11
Cape Town, South Africa (PANA) – Supporters of the ruling African National Congress (ANC) on Thursday protested against the party [...] Full text...

thread Politics

Fierce competition as Africa's 2026 World Cup qualifiers resume

05 june 2024 - 11:06:04
Cairo, Egypt (PANA) - The long-awaited resumption of the African qualifiers for the 2026 FIFA World Cup resume, reigniting the [...] Full text...

thread Sports

Mauritania’s economy set to attain 4.3 percent growth in 2024

05 june 2024 - 10:32:26
Nouakchott, 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 - 07:41:58
Nairobi, 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

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

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

thread Economy

Seychelles withstands climate shocks, continued volatility in external environment

04 june 2024 - 10:40:06
Victoria, Seychelles (PANA) - The Seychelles economy has continued to demonstrate resilience, despite continued volatility in the external environment and [...] Full text...

thread Economy

IMF Board concludes first review of ECF for Somalia

30 may 2024 - 10:06:36
Mogadishu, Somalia (PANA) – The International Monetary Fund (IMF) has allowed an immediate disbursement of US$10 million to Somalia to [...] Full text...

thread Economy

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

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

thread Economy

Senegal holds national dialogue on reform and modernisation of the judicial system

28 may 2024 - 17:20:48
Dakar, Senegal (PANA) - A national dialogue on the reform and modernisation of Senegal's judicial system opened in Dakar on Tuesday [...] Full text...

thread Politics

Day 2 at AfDB Meetings in Nairobi

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

thread Economy

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

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

thread Health

Gambia’s economy shows resilience amid global challenges - World Bank

24 may 2024 - 16:18:21
Banjul, Gambia (PANA) - The Gambia's economy has shown a remarkable resilience in the face of heightened global and regional [...] Full text...

thread Economy

New chapter in partnership between World Bank Group and Togo

24 may 2024 - 08:08:49
Lome, Togo (PANA) - The World Bank Group (WBG) has endorsed a new Country Partnership Framework (CPF) for Togo, granted [...] Full text...

thread Economy

Algeria: Investing in data key for diversified growth

22 may 2024 - 19:44:54
Algiers, Algeria (PANA) - Algeria’s economic growth remained dynamic in 2023, with GDP recording a 4.1 per cent increase, driven [...] Full text...

thread Economy

Fostering UN-World Bank partnership to tackle fragility in Burundi and The Gambia: World Bank Blog

21 may 2024 - 07:14:00
Bujumbura, Burundi (PANA) - In today’s complex global landscape, addressing fragility, conflict, and violence (FCV) requires multifaceted approaches and strong [...] Full text...

thread Society

'Largest number of regulatory agencies for medical products approved as WHO Listed Authorities'

20 may 2024 - 18:47:39
Geneva, Switzerland (PANA) – The world’s specialised health agency on Monday announced its largest number of regulatory authorities for medical [...] Full text...

thread Health

Global economic growth improves but ‘downsides’ lurk

17 may 2024 - 05:47:39
New York, US (PANA) - The global economic picture has improved since January, but vulnerabilities remain, the mid-year update of [...] Full text...

thread Economy

WAFU B U-17 AFCON qualifying tournament kicks off

15 may 2024 - 11:30:06
Accra, Ghana (PANA) - Defending champions Nigeria gear up for a daunting task as they head into the WAFU B [...] Full text...

thread Sports

IMF Executive Board approves US$8.1 million disbursement for Guinea Bissau

14 may 2024 - 07:54:18
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday completed the fourth and fifth [...] Full text...

thread Economy

CAF Confederation Cup: Coaches of Berkane and Zamalek demand improved performance in second-leg final

13 may 2024 - 19:28:37
Berkane, Morocco (PANA) - Coaches of RS Berkane and Zamalek are winding up their players for even better showing in [...] Full text...

thread Sports

IMF team, Cape Verde reach staff-level deal on ECF, RSF review

11 may 2024 - 08:20:24
Praia, Cape Verde (PANA) - An International Monetary Fund {IMF) team and the Cape Verdean authorities have reached staff-level agreement [...] Full text...

thread Economy

2023/24 CAF Confed. Cup Final: Zamalek's Road to the final

08 may 2024 - 07:42:30
Cairo, Egypt (PANA) - Winners of the 2019 TotalEnergies CAF Confederation Cup, Egyptian football powerhouse, Zamalek SC, are eager to [...] Full text...

thread Sports

Nigeria relay quartets secure Olympics tickets in Bahamas

05 may 2024 - 08:24:22
Nassau, Bahamas (PANA) - Nigeria’s mixed relay and men’s 4x400m quartets have clinched automatic qualification for the 2024 Olympics and [...] Full text...

thread Sports

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

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

thread Economy

'Refugee Olympic Team to send message of hope at Paris Games'

03 may 2024 - 05:47:46
Lausanne, Switzerland, (PANA) - Afghanistan’s first woman breakdancer, a Cameroon-born British boxing champion, and a literal shooting star from Venezuela [...] Full text...

thread Sports

Pioneering charter to drive up investment in Africa’s health workforce to be launched next month

29 april 2024 - 09:27:26
Brazzaville, Congo (PANA) – A pioneering health investment charter, a first for the African region, is set to be launched at [...] Full text...

thread Health

Global commodity prices level off, hurting prospects for lower inflation

25 april 2024 - 09:03:19
EMBARGOED: NOT FOR PUBLICATION UNTIL THURSDAY, APRIL 25, 2024, AT 11:00 AM UTC. Washington, United States (PANA) - Global commodity prices [...] Full text...

thread Economy

CAF Futsal AFCON: Angola thrash Egypt 7-3 to reach final

21 april 2024 - 15:23:17
Rabat, Morocco (PANA) - Angola coach Marcos Antunes was full of praise for his players after the Sable Antelopes thrashed [...] Full text...

thread Sports

CAR struggles to stabilise economy against complex humanitarian crisis

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

thread Economy

South African rugby legend honoured by TIME magazine

19 april 2024 - 12:41:19
Cape Town, South Africa (PANA) –  South Africa’s two-time Rugby World Cup-winning Springbok captain Siya Kolisi has been named in [...] Full text...

thread Sports

2024 TotalEnergies CAF Futsal AFCON: We will play our game - Angola Coach

19 april 2024 - 08:59:33
Rabat, Morocco (PANA) - Angola boss, Marcos Antunes, has stressed that the Sable Antelopes will stick to their style of [...] Full text...

thread Sports

2024 TotalEnergies CAF Futsal AFCON: The Pharaohs are 'positive' ahead of Angola match

19 april 2024 - 08:54:38
Rabat, Morocco (PANA) - The assistant coach of Egypt, Sameh Saleh Husein, says the atmosphere in the Pharaohs camp is [...] Full text...

thread Sports

Global economy remains resilient despite uneven growth, challenges ahead: New IMF Blog By Pierre-Olivier Gourinchas

16 april 2024 - 19:43:48
Washington DC, USA (PANA) - Despite gloomy predictions, the global economy remains remarkably resilient, with steady growth and inflation slowing [...] Full text...

thread Economy

2024 CAF Futsal AFCON: Morocco, Angola reach semi-finals

16 april 2024 - 06:28:15
Rabat, Morocco (PANA) - 2024 CAF Futsal AFCON hosts, Morocco, produced a scintillating performance to beat Zambia 13-0 in front [...] Full text...

thread Sports

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

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

thread Environment

2024 Futsal AFCON: Results from ongoing tournament

15 april 2024 - 08:21:26
Rabat, Morocco (PANA) - The Mediterranean Knights of Libya endured a late scare but ultimately emerged victorious with a 5-4 [...] Full text...

thread Sports

IMF acknowledges Ghana’s strong performance under ECF arrangement

13 april 2024 - 13:32:36
Accra, Ghana (PANA) - Ghanaian authorities and officials of the International Monetary Fund (IMF) have reached staff-level agreement on economic [...] Full text...

thread Economy

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

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

thread Economy

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

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

thread Economy

Seychelles, IMF mission reach staff-level deal on second reviews under EFF and RSF

04 april 2024 - 10:10:46
Victoria, Seychelles (PANA) - The Seychellois economy continued to recover in 2023 and is moving closer to pre-pandemic norms despite [...] Full text...

thread Economy

IMF approves augmentation of Egypt’s EFF arrangement

30 march 2024 - 10:06:59
Cairo, Egypt (PANA) - The Executive Board of the International Monetary Fund (IMF) on Friday completed the first and second [...] Full text...

thread Economy

Algerian economy struggles with persistent inflation - IMF

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

thread Economy

AfDB plans massive work on DRC's giant Inga 3 dam

29 march 2024 - 13:20:12
Abidjan, Cote d'Ivoire (PANA) - African Development Bank (AfDB) Group President, Dr Akinwumi Adesina, has called for a major political [...] Full text...

thread Economy

World Bank publishes new data to boost investment in emerging markets

29 march 2024 - 06:50:39
Washington, USA (PANA) - The World Bank Group (WBG) on Thursday published sought-after proprietary statistics that reveal the credit risk [...] Full text...

thread Economy

African island states take fresh step towards joint medicines procurement

28 march 2024 - 09:34:37
Victoria, Seychelles (PANA) ‒ In a further move towards pooled procurement of essential medicines and medical products, Ministers of Health from [...] Full text...

thread Health

Senegalese newspapers play up major issues awaiting president-elect Faye's attention

27 march 2024 - 13:23:47
Dakar, Senegal (PANA) - Senegalese newspapers are highlighting the major issues that will confront the country's new administration to be [...] Full text...

thread Politics

UN Human Rights Committee adopts annual report

27 march 2024 - 11:36:18
Geneva, Switzerland (PANA) - The Human Rights Committee of the United Nations on Wednesday adopted its annual report covering its [...] Full text...

thread Politics

Global trade poised for rebound during the rest of 2024 - UNCTAD

22 march 2024 - 05:21:04
Geneva, Switzerland (PANA) - After several quarters of decline, international trade is poised for a rebound during the rest of [...] Full text...

thread Economy

Mpox deaths falling everywhere but Africa, says expert panel

21 march 2024 - 05:37:36
Geneva, Switzerland (PANA) - Cases of Mpox are falling everywhere except in Africa, a UN health agency expert panel has [...] Full text...

thread Health

13th All-Africa Games: Uganda edge Congo in thriller to set up finals against Ghana

20 march 2024 - 09:58:42
Accra, Ghana (PANA) - Uganda will play hosts, Ghana, in the men's final of this year's African Games on Friday [...] Full text...

thread Sports

South African power nozzle manufacturer readies for intra-Africa export

18 march 2024 - 09:42:42
Dar es Salaam, Tanzania (PANA) – South Africa’s Krugersdorp-based Afri-Tech Mining Supplies is destined for export of its award-winning Power [...] Full text...

thread Economy

WB boosts support for financial sustainability, reliability and resilience of Zambia’s electricity sector

16 march 2024 - 08:57:42
Lusaka, Zambia (PANA) - A new National Energy Advancement and Transformation Programme (NEAT), a multiphase programme supported by the World [...] Full text...

thread Economy

IMF reaches staff-level deal with Guinea Bissau on ECF reviews

12 march 2024 - 16:58:47
Bissau, Guinea Bissau (PANA) – Authorities in Guinea Bissau face important near-term risks, including policy implementation challenges stemming from a [...] Full text...

thread Economy

IMF staff complete deal on first review of Somalia’s ECF arrangement

09 march 2024 - 08:00:52
Mogadishu, Somalia (PANA) - Somalia’s economic growth is expected to strengthen in 2024 supported by continued recovery in agriculture, remittances, [...] Full text...

thread Economy

Burkina Faso prepares for ECF review by IMF Executive Board in May

08 march 2024 - 08:45:57
Ouagadougou, Burkina Faso (PANA) - International Monetary Fund (IMF) staff and Burkinabè authorities have reached staff-level agreement on economic policies [...] Full text...

thread Economy

EU Council, Parliament strike deal to improve efficiency of air space management

06 march 2024 - 11:47:49
Brussels, Belgium (PANA) - The European Council presidency and the European Parliament’s negotiators have reached a provisional agreement on the [...] Full text...

thread Society

New report documents increase in HIV drug resistance to dolutegravir

05 march 2024 - 18:41:34
Geneva, Switzerland (PANA) - The World Health Organization’s (WHO) latest HIV Drug Resistance (HIVDR) Report tells us where drug resistance [...] Full text...

thread Health

New reports identify pathways to build climate-smart economy in Zimbabwe

05 march 2024 - 07:53:44
Harare, Zimbabwe (PANA) - Zimbabwe remains vulnerable to climatic shocks and without adaptation, climate change will impose high costs on [...] Full text...

thread Economy

Lighting up Africa: Nigeria can show the way: World Bank Blog By Anna Bjerde

29 february 2024 - 18:59:59
Abuja, Nigeria (PANA) - Over the past 20 years, considerable progress has been made in electrifying the world, with the [...] Full text...

thread Economy

South Africa's rugby hero nominated for global award

29 february 2024 - 10:19:33
Cape Town, South Africa (PANA) – South Africa’s rugby hero Siya Kolisi has been nominated for the Laureus World Comeback [...] Full text...

thread Sports

Rwanda’s economic performance strengthened in 2023 despite continued challenges

28 february 2024 - 17:37:02
Kigali, Rwanda (PANA) - Rwanda’s economy grew at 7.6% in the first three quarters of 2023 despite a challenging global [...] Full text...

thread Economy

New Malawi Economic Monitor calls for commitment to economic reforms to sustain emerging recovery

27 february 2024 - 07:59:36
Lilongwe, Malawi (PANA)  – Malawi’s medium-term growth outlook is improving because of bold reforms undertaken by the government in 2023 [...] Full text...

thread Economy

How G20 can build on the world economy’s recent resilience: IMF Blog By Kristalina Georgieva

26 february 2024 - 17:10:06
Washington DC, USA (PANA) - It’s fitting that G20 finance ministers and central bank governors will meet this week at [...] Full text...

thread Economy

Mauritius maintains post-pandemic favourable outlook for growth: IMF

24 february 2024 - 10:31:35
Port Louis, Mauritius (PANA) - The Mauritian economy rebounded strongly from the pandemic, while inflationary pressures eased in 2023, with [...] Full text...

thread Economy

Should African mayors be concerned about urban migration? World Bank Blog By Luc Christiaensen and Nancy Lozano Gracia

20 february 2024 - 14:50:31
Dar es Salaam, Tanzania (PANA) - The challenges of international migration continue to top the headlines. Yet, the number of [...] Full text...

thread Society

Africa's economic growth in 2023 led by East, North and West Africa: Report

20 february 2024 - 13:07:25
Cotonou, Benin (PANA) - East, North and West Africa have led growth on the continent over the past year, according [...] Full text...

thread Economy

Africa to account for 11 of world’s 20 fastest-growing economies in 2024: AfDB

19 february 2024 - 05:21:43
Addis Ababa, Ethiopia (PANA) - Africa will account for eleven of the world’s 20 fastest-growing economies in 2024, the African Development [...] Full text...

thread Economy

African countries scoop 11 out of 20 world's top growth economies

16 february 2024 - 20:47:40
Addis Ababa, Ethiopia (PANA) - Africa will account for eleven of the world’s 20 fastest-growing economies in 2024, the African [...] Full text...

thread Economy

Chairman of e-Government Projects Monitoring Committee visits facilities at headquarters of e-government project in Libya

16 february 2024 - 18:40:03
Tripoli, Libya (PANA) - Walid Ellafi, Chairman of the e-Government Projects Monitoring Committee, has visited facilities of the experimental headquarters [...] Full text...

thread Politics

TDB, World Bank accelerate access to sustainable clean energy in Africa

13 february 2024 - 08:18:21
Washington, United States (PANA) - The World Bank has extended a facility of close to $300 million to the Eastern [...] Full text...

thread Economy

‘I am a scientist’: How after-school clubs can help build the next generation of female scientists in Sub-Saharan Africa: World Bank Blog By Christiane Voufo

12 february 2024 - 06:44:50
Dar es Salaam, Tanzania (PANA) - Failure to educate girls costs approximately $15 to $30 trillion in lifetime earnings for [...] Full text...

thread Gender

AfDB to scale up financing to South Sudan in 2024

11 february 2024 - 11:36:45
Juba, South Sudan (PANA) - African Development Bank (AFDB) Vice President for Regional Development, Integration and Business Delivery, Marie-Laure Akin-Olugbade, [...] Full text...

thread Economy

Despite seasonal tailwinds, gold fails to power its market higher

07 february 2024 - 20:07:50
Dar es Salaam, Tanzania (PANA) - Gold failed to power higher in January, despite seasonal tailwinds, after breaching record highs [...] Full text...

thread Economy

Nigeria becomes second African country to approve biotech maize for commercial growing

07 february 2024 - 13:43:07
Abuja, Nigeria (PANA) - In January 2024, Nigeria approved the commercial release of four TELA maize varieties, which have been [...] Full text...

thread Agriculture

South African singer Tyla wins Grammy Award

05 february 2024 - 11:56:03
Cape Town, South Africa (PANA) – South African singer Tyla won her first Grammy for her smash hit Water at [...] Full text...

thread Society

Libya launches electronic notification system for product trademarks

02 february 2024 - 18:05:45
Tripoli, Libya (PANA) - Libya's Minister of Economy and Trade, Mohamed al-Haweij, has launched the electronic trademark notification system for [...] Full text...

thread Economy

Geopolitical situation in Horn of Africa region poses risks to Djibouti’s recovery – IMF warns

26 january 2024 - 10:24:57
Djibouti City, Djibouti (PANA) – Djibouti recorded a strong rebound in economic activity in 2023 but regional geopolitical developments pose [...] Full text...

thread Economy

World Bank portfolio in Mali in 2023 estimated at 200 billion CFA francs

24 january 2024 - 17:45:37
Bamako, Mali (PANA) - The World Bank's portfolio in Mali in 2023 is estimated at more than CFAF 200 billion, [...] Full text...

thread Economy

Collaborating for change: The Global Coalition for Foundational Learning’s support for the African Union Year of Education: World Bank Blog

24 january 2024 - 08:02:35
Lilongwe, Malawi (PANA) - As the global community celebrates International Day of Education on 24 January, the African Union's Year [...] Full text...

thread Society

2023 AFCON: Ghana sack coach Chris Hughton, dissolve technical team after disastrous campaign of Black Stars

24 january 2024 - 05:40:30
Accra, Ghana (PANA) - Ghana on Tuesday sacked Chris Hughton as head coach of the senior national football team, the [...] Full text...

thread Sports

Burundi set for stronger economic recovery in 2024: IMF mission

23 january 2024 - 10:20:12
Bujumbura, Burundi (PANA) – A stronger economic recovery is projected in Burundi for 2024, with real GDP expanding by 4.3 [...] Full text...

thread Economy

Education-Employment paradox in Lesotho: Boys at a disadvantage in education, women at a disadvantage in employment: World Bank Blog By Tihtina Zenebe Gebre and Elizabeth Ninan Dulvy

23 january 2024 - 09:05:48
Maseru, Lesotho (PANA) - Liphula (a pseudonym to protect the privacy of the student) is a 21-year-old young man enrolled [...] Full text...

thread Society

World tourism on course for full recovery by year’s end: UN tourism agency

20 january 2024 - 06:37:07
Madrid, Spain (PANA) - International tourism bounced back during 2023 and is expected to make a “full recovery” to pre-COVID [...] Full text...

thread Economy

IMF approves second tranche of US$600 million for Ghana under ECF arrangement

19 january 2024 - 19:53:26
Washington, DC, US (PANA) - The International Monetary Fund (IMF) has approved the second tranche of US$600 million for Ghana, [...] Full text...

thread Economy

How female principals guide and impact Sub-Saharan Africa’s classrooms: World Bank Blog By Nathalie Guilbert, Carolina Alban Conto, Fabricia Devignes and Juan D. Barón

17 january 2024 - 18:35:23
Dakar, Senegal (PANA) - School leadership plays a major role in shaping the quality of education, acting as a strategic lever [...] Full text...

thread Society

World Economic Forum: New report measures quality of growth for new economic era

17 january 2024 - 07:31:17
Davos-Klosters, Switzerland (PANA) – A new World Economic Forum report, released on Wednesday, offers a re-evaluation of global economic growth, [...] Full text...

thread Economy

Emmy Award for South African comedian Trevor Noah

16 january 2024 - 08:44:05
Cape Town, South Africa (PANA) – Top South African comedian Trevor Noah’s American television show has won an Emmy Award [...] Full text...

thread Society

'Benin recorded growth of 6.3 per cent in the third quarter of 2023'

15 january 2024 - 12:30:19
Cotonou, Benin (PANA) - Benin's economy strengthened in the third quarter of 2023, with a growth rate of 6.3%, according [...] Full text...

thread Economy

APPO SG, Libyan Oil Minister discuss creation of African Energy Bank

11 january 2024 - 15:08:50
Tripoli, Libya (PANA) - The Libyan Minister of Oil and Gas in the Government of National Unity, Mohamed Aoun, and [...] Full text...

thread Economy

Gold hit new highs in 2023, but inflationary scares likely in 2024: World Gold Council

11 january 2024 - 07:08:08
Dar es Salaam, Tanzania (PANA) - Emerging market (EM) demand for gold provided not only a ballast to lacklustre developed [...] Full text...

thread Economy

World Bank foresees global economy recording worst growth over quarter century

10 january 2024 - 16:33:50
Nairobi, Kenya (PANA) - Economic growth in Africa is expected to pick up to 3.8% in 2024 and rise further [...] Full text...

thread Economy

World Bank foresees global economy recording worst growth over quarter century

09 january 2024 - 17:37:13
Nairobi, Kenya (PANA) - Economic growth in Africa is expected to pick up to 3.8% in 2024 and rise further [...] Full text...

thread Economy

Global economy set for weakest half-decade performance in 30 years

09 january 2024 - 14:23:37
Washington, United States (PANA) - As the world nears the midpoint of what was intended to be a transformative decade [...] Full text...

thread Economy

Natural gas accelerates Mozambique economic recovery: IMF

09 january 2024 - 07:38:01
Maputo, Mozambique (PANA) - The Executive Board of the International Monetary Fund (IMF) has allowed Mozambique immediate access to US$60.7 [...] Full text...

thread Economy