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

AfDB's sovereign portfolio retains top spot in 2024 Aid Transparency Index

17 july 2024 - 06:32:34
Abidjan, Cote d'Ivoire (PANA) - The global campaign for aid and development transparency has again named the African Development Bank’s [...] Full text...

thread Economy

Strong consumption, investment demand among factors boosting Côte d’Ivoire’s outlook

26 june 2024 - 08:40:56
Abidjan, Côte d’Ivoire (PANA) - Côte d’Ivoire’s economy remains resilient against a still difficult global backdrop. Despite lower than expected [...] Full text...

thread Economy

AfDB taking Africa to the World

07 june 2024 - 07:47:50
London, UK (PANA) - The 10th Invest Africa Debate opened in London’s prestigious Guildhall on Thursday with the president of [...] Full text...

thread Economy

AfDB approves $117 billion general callable capital Increase

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

thread Economy

Africa urged to meet challenges of sustainable development

23 april 2024 - 16:21:03
Addis Ababa, Ethiopia (PANA) - Africa is being urged to address the critical challenges it faces, as the 10th African [...] Full text...

thread Economy

World Bank’s new financing tools receive major funding boost

20 april 2024 - 09:49:37
Washington DC, United States (PANA) - New financial instruments designed to boost lending capacity and enable the World Bank Group [...] Full text...

thread Economy

Senegalese President Faye names Ousmane Sonko as Prime Minister

03 april 2024 - 05:56:55
Dakar, Senegal (PANA) - Senegal's new president, Bassirou Diomaye Diakhar Faye, on Tuesday appointed Ousmane Sonko,  his colleague and leader [...] Full text...

thread Politics

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

2ND UPDATE: Opposition leader Faye will be youngest president of Senegal

25 march 2024 - 16:57:54
Dakar, Senegal (PANA) – Senegalese opposition leader, Bassirou Diomaye Diakhar Faye, 44, who has swept to victory over former Prime Minister and [...] Full text...

thread Politics

Price-tag policymaking doesn’t measure things that matter to people: IMF Blog By Katharina Pistor

05 march 2024 - 11:24:49
Washington, DC, United States (PANA) - Rule by price has become not only in economics but in public policy too. [...] Full text...

thread Economy

Silent debt crisis engulfing developing economies with weak credit ratings: World Bank Blog (By Philip Kenworthy, M. Ayhan Kose and Nikita Perevalov)

09 february 2024 - 17:27:54
Washington, United States (PANA) - Some developing economies are finally seeing light at the end of the tunnel. Global inflation is [...] Full text...

thread Economy

Nexus of food, water & energy: A Key element to Egypt’s climate efforts: World Bank report

19 december 2023 - 07:16:06
Cairo, Egypt (PANA) - Egypt’s nexus of water, food and energy (NWFE) programme, launched a year ago to leverage partnerships [...] Full text...

thread Agriculture

Amid rising corruption, most Africans say they risk retaliation if they speak up, new Afrobarometer Pan-Africa Profile reveals

10 december 2023 - 14:13:13
Accra, Ghana (PANA) - A majority of Africans say that corruption in their country is rising, that their government is [...] Full text...

thread Society

COP28: World Bank carbon credits to boost international carbon markets

01 december 2023 - 19:40:33
Dubai, UAE (PANA) - The World Bank on Friday announced ambitious plans for the growth of high-integrity global carbon markets, [...] Full text...

thread Environment

Heads of MDBs Group vow to beef up collaboration for greater impact

15 october 2023 - 18:57:23
Marrakech, Morocco (PANA) – Admitting that the world faces a global “polycrisis” affecting human and economic development at an unprecedented [...] Full text...

thread Economy

World Bank announces historic collaboration between Multilateral Development Banks

14 october 2023 - 09:20:26
Marrakech, Morocco (PANA) - The World Bank is bolstering its collaboration with nine Multilateral Development Banks (MDBs) to fasttrack solutions [...] Full text...

thread Economy

Emerging economies need much more private financing for climate transition: IMF Blog

03 october 2023 - 17:18:43
Washington DC, United States (PANA) - Achieving the transition to net-zero emissions by 2050 requires substantial climate mitigation investment in [...] Full text...

thread Environment

Striving for effective debt policy and management: Benin’s journey ( A World Bank Blog)

16 august 2023 - 12:57:57
Cotonou, Benin (PANA) - Amidst the diverse landscape of debt policy and management in Sub-Saharan Africa (SSA), Benin has emerged [...] Full text...

thread Economy

AfDB issues highest rated hybrid capital by multilateral development bank

30 july 2023 - 13:04:00
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Group has received global recognition for its inaugural hybrid capital [...] Full text...

thread Economy

World Bank announces new steps to add billions in financial capacity

20 july 2023 - 09:23:58
Washington DC, US (PANA) - The World Bank is taking bold new steps to increase its lending capacity, a major [...] Full text...

thread Economy

Financial system must evolve in ‘giant leap towards global justice’: Guterres

22 june 2023 - 17:21:28
Paris, France (PANA) - Developing countries are buckling under high debt and exorbitant borrowing costs that prevent them from reviving [...] Full text...

thread Economy

AfDB 2022 report shows strong performance, commitment to African countries

14 june 2023 - 16:27:38
Abidjan, Côte d’Ivoire (PANA) - The African Development Bank (AfDB) Group has released its 2022 Annual Report showing solid performance [...] Full text...

thread Economy

Tanzania earns ‘B+’ rating for strong economic growth

13 june 2023 - 11:07:29
Dar es Salaam, Tanzania (PANA) - Credit rating agency Fitch Ratings has assigned Tanzania a ‘B+’ long-term Foreign-Currency Issuer Default [...] Full text...

thread Economy

European delegation in Tunis to pave way for agreement with IMF

11 june 2023 - 19:00:13
Tunis, Tunisia (PANA) - A large European delegation paid a brief visit to Tunis on Sunday in an attempt to [...] Full text...

thread Economy

EBID re-appoints Nana Donkor as CEO

28 april 2023 - 13:00:27
Lome, Togo (PANA) - The Board of Governors of the ECOWAS Bank for Investment and Development (EBID) has unanimously re-appointed Dr [...] Full text...

thread Economy

FIFA Rankings - Nigeria slips to lowest position in 4 years

07 april 2023 - 10:14:00
Zurich, Switzerland (PANA) - The fortunes of Nigeria's senior men's football team has plummeted the more as the Super Eagles [...] Full text...

thread Sports

Talks underway on next funding flows from Germany to South Africa under JETP

04 april 2023 - 07:02:07
Johannesburg, South Africa (PANA) - Discussions are under way between the German and South African governments regarding the disbursement of [...] Full text...

thread Economy

Super Falcons maintain top spot as Africa’s best Women’s Football Team

26 march 2023 - 11:28:09
Zurich, Switzerland (PANA) - The Super Falcons of Nigeria have retained their top spot as the best women’s football team [...] Full text...

thread Sports

ECOWAS Investment Bank gets A+ rating

21 march 2023 - 18:54:42
Ouagadougou, Burkina Faso (PANA) - The ECOWAS Bank for Investment and Development (EBID) has obtained an A+ rating in the [...] Full text...

thread Economy

Global rating agency downgrades South Africa

09 march 2023 - 08:56:32
Cape Town, South Africa (PANA) – Global ratings agency S&P downgraded South Africa's credit rating outlook to stable from positive [...] Full text...

thread Economy

World Bank Group President Malpass announces intention to step down

16 february 2023 - 07:46:50
Washington, DC, US (PANA) - World Bank Group President David Malpass has informed the Board of Executive Directors of his [...] Full text...

thread Economy

IMF assigns resident financial adviser to Ghana's central bank

15 february 2023 - 10:54:20
Accra, Ghana (PANA) - The International Monetary Fund (IMF) has appointed a financial adviser to Ghana's central bank, which the [...] Full text...

thread Economy

Senegalese President calls for review of infrastructure financing conditions in Africa

02 february 2023 - 15:10:51
Dakar, Senegal (PANA) - The Senegalese Head of State, Macky Sall, who is also the current Chairperson of the African [...] Full text...

thread Politics

Ghanaians welcome New Year with hope of better economy

01 january 2023 - 13:11:48
Accra, Ghana (PANA) - Ghanaians on Sunday joined the rest of the world to welcome the New Year with church [...] Full text...

thread Society

Ghana to launch domestic debt swap to tackle economic crisis

05 december 2022 - 06:11:33
Accra, Ghana (PANA) - Ghana's Finance Minister, Ken Ofori-Atta, says the government will launch a domestic debt swap on Monday [...] Full text...

thread Economy

IMF team to visit Ghana from Thursday

30 november 2022 - 17:33:07
Accra, Ghana (PANA) - An International Monetary Fund (IMF) staff team, led by Stéphane Roudet, mission chief for Ghana, will [...] Full text...

thread Economy

Credit rating agency Moody's downgrades Ghana's economy deeper into junk territory

30 november 2022 - 12:35:53
Accra, Ghana (PANA) - Ghana's economy has been downgraded deeper into junk territory by Moody’s Investors Service on the likelihood [...] Full text...

thread Economy

Ghana's finance minister announces raft of measures to resuscitate economy

24 november 2022 - 15:24:06
Accra, Ghana (PANA) - Ghana's Finance Minister, Ken Ofori-Atta, on Thursday presented the 2023 budget to Parliament which is seen [...] Full text...

thread Economy

COP27: African climate financing alliance formed to boost infrastructure

15 november 2022 - 08:44:32
Sharm El-Sheikh, Egypt (PANA) - African institutions have launched an alliance for green infrastructure projects at the UN Climate Change Conference [...] Full text...

thread Economy

Ghana's ruling party MPs demand dismissal of finance minister as economic hardships bite

25 october 2022 - 12:46:35
Accra, Ghana (PANA) - The majority of Members of Parliament of President Nana Addo Dankwa Akufo-Addo's party on Tuesday asked [...] Full text...

thread Politics

Ghana traders suspend strike after intervention of President Akufo-Addo and traditional ruler of Accra

21 october 2022 - 07:08:02
Accra, Ghana (PANA) - Traders in the Ghanaian capital, Accra, have suspended their action to close their shops following the [...] Full text...

thread Economy

Traders in Accra shut their shops to protest high cost of doing business

19 october 2022 - 11:23:57
Accra, Ghana (PANA) - Traders in the Ghanaian capital, Accra, closed their shops on Wednesday on the first day of [...] Full text...

thread Economy

IMF team ends Ghana visit aimed at restoring macroeconomic stability

08 october 2022 - 08:08:35
Accra, Ghana (PANA) - An International Monetary Fund (IMF) team on Friday ended a two-week visit to Ghana to continue discussions [...] Full text...

thread Economy

Ghana's Central Bank hikes policy rate to 24.5%

06 october 2022 - 14:25:25
Accra, Ghana (PANA) - The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) on Thursday increased the policy [...] Full text...

thread Economy

IMF team expected in Ghana on Monday for talks on troubled economy

25 september 2022 - 17:14:21
Washington, DC, US (PANA) - The International Monetary Fund (IMF) announced on Sunday that a staff team would visit Ghana [...] Full text...

thread Economy

77th UN General Assembly: Macky Sall calls for fairer global governance

21 september 2022 - 19:20:40
Dakar, Senegal (PANA) - The Senegalese president, Macky Sall, said on Tuesday, before the 77th General Assembly of the United [...] Full text...

thread Politics

Ghana's Inflation rises 31.7% in July

10 august 2022 - 14:40:36
Accra, Ghana (PANA) - Ghana's inflation rose to 31.7 per cent year-on-year in July, the highest since 2003, the Ghana [...] Full text...

thread Economy

Kenyans prepare to vote new President (News Analysis by Kennedy Abwao, PANA correspondent)

04 august 2022 - 13:15:56
Nairobi, Kenya (PANA) - Kenyans are preparing to vote on 9 August 2022 to elect President Uhuru Kenyatta's successor and [...] Full text...

thread Politics

Ethiopian Airlines includes four new Airbus 350-1000 series in new fleet

29 july 2022 - 01:05:19
Addis Ababa, Ethiopia (PANA) - Ethiopian Airlines has upgraded its existing orders for Airbus A350-900 aircraft to the A350-1000, becoming [...] Full text...

thread Economy

Chad implements IMF’s Enhanced General Data Dissemination System

19 july 2022 - 10:51:59
N'djamena, Chad (PANA) - Chad has implemented the recommendations of the International Monetary Fund (IMF) on Enhanced General Data Dissemination [...] Full text...

thread Economy

Ghana facing 'challenging economic, social situation', says IMF

13 july 2022 - 19:51:02
Accra, Ghana (PANA) - An International Monetary Fund (IMF) staff team said on Wednesday that Ghana is facing a challenging [...] Full text...

thread Economy

IMF, Ghana authorities discuss proposed Fund support programme

06 july 2022 - 06:35:18
Accra, Ghana (PANA) - An International Monetary Fund (IMF) staff team, led by Carlo Sdralevich, has arrived in Accra to [...] Full text...

thread Economy

Ghana teacher unions embark on strike to demand cost of living allowance

04 july 2022 - 13:11:31
Accra, Ghana (PANA) - Four Ghanaian teacher unions on Monday began an indefinite nationwide strike over demands for the payment [...] Full text...

thread Society

IMF team to begin talks with Ghana government officials on economic programme

04 july 2022 - 06:06:31
Accra, Ghana (PANA) - A delegation from the International Monetary Fund (IMF) is expected in Ghana this week as the [...] Full text...

thread Economy

Ghana heads to IMF for economic support as economy deteriorates

01 july 2022 - 12:50:33
Accra, Ghana (PANA) - Ghana is heading to the International Monetary Fund (IMF) for economic support, as President Akufo-Addo directs the Finance [...] Full text...

thread Economy

African Finance Ministers denounce payment of surcharge on loans

20 may 2022 - 18:43:25
Dakar, Senegal (PANA) - African Ministers of Finance, Planning and Economic Development have denounced the payment of a surcharge on [...] Full text...

thread Economy

South Africa: Moody’s predicts South Africa's inflation will soar

05 may 2022 - 20:35:07
Cape Town, South Africa (PANA) – Inflation in South Africa is set to rise to 8% this year, dramatically higher [...] Full text...

thread Economy

Fitch Rating downgrades Tunisia to CCC

18 march 2022 - 18:15:05
Tunis, Tunisia (PANA) - The rating agency, Fitch Ratings, downgraded, on Friday 18 March, 2022, Tunisia's long-term foreign currency issuer [...] Full text...

thread Economy

African Union Summit opens in Addis Ababa

05 february 2022 - 16:05:28
Addis Ababa, Ethiopia (PANA) - The 35th regular Summit of the African Union Heads of State and Government opened in [...] Full text...

thread Politics

Mauritius launches Corporate Governance Scorecard

29 october 2021 - 08:30:53
Port-Louis, Mauritius (PANA) – The Mauritian Minister of Financial Services and Good Governance, Mr Mahen Seeruttun on Thursday launched the “Corporate [...] Full text...

thread Economy

Japan Credit Rating Agency reaffirms AfDB’s AAA rating with a stable outlook

03 september 2021 - 14:39:56
Abidjan, Côte d’Ivoire (PANA) - Japan Credit Rating Agency (JCR) has affirmed the African Development Bank’s long-term rating at AAA [...] Full text...

thread Economy

AfDB to expand lending to 8% after strong Fitch Rating

22 july 2021 - 11:30:43
Nairobi, Kenya (PANA) —The African Development Bank (AfDB) has scored the highest ever rating of triple A, as a result [...] Full text...

thread Economy

IMF urges swift formation of Creditor Committee for Ethiopia

07 july 2021 - 14:29:09
Washington, DC, US (PANA) - The International Monetary Fund (IMF) has strongly encouraged the swift formation of the Creditor Committee [...] Full text...

thread Economy

Ratings agency flags South Africa concerns

18 may 2021 - 18:05:36
Cape Town, South Africa (PANA) – Global ratings agency, Moody’s, on Tuesday warned that low economic growth and rising debt [...] Full text...

thread Economy

Guterres urges ‘decisive action’ to stave off debt crisis in developing world

29 march 2021 - 14:48:46
New York, US (PANA) - Though significant steps have been taken to prevent debt crises across the world sparked by the [...] Full text...

thread Economy

AfDB named World's Best Multilateral Financial Institution 2021

09 march 2021 - 17:16:36
Abidjan, Côte d’Ivoire (PANA) - Constant efforts to provide its clients, the 54 regional member countries, with support in financing [...] Full text...

thread Economy

Moody’s downgrades Government of Mauritius rating

06 march 2021 - 09:04:34
Port Louis, Mauritius (PANA) – Mauritius Bankers Association Limited (MBA) on Saturday said it has taken cognizance of the decision [...] Full text...

thread Economy

. Downgrading of Tunisia’s sovereign rating by Moody's raises concern of workers

25 february 2021 - 12:23:39
Tunis, Tunisia (PANA) - The Tunisian workers' and employers' federations have expressed their concern at the further downgrading of Tunisia's [...] Full text...

thread Economy

Governing Council reappoints Gilbert F. Houngbo President of IFAD

17 february 2021 - 18:29:18
Rome, Italy (PANA) - In a strong show of support and recognition for the leader who has successfully showcased the [...] Full text...

thread Agriculture

Benin has a 'positive economy', says Fitch

16 february 2021 - 17:51:21
Cotonou, Benin (PANA) - The international financial rating agency Fitch has upgraded Benin's rating outlook from "stable" to "positive", a [...] Full text...

thread Economy

S&P Global affirms African Development Bank’s AAA rating with stable outlook

02 february 2021 - 12:52:29
Abidjan, Cote d'Ivoire (PANA) - Ratings agency S&P Global has affirmed its “AAA/A-1+” foreign currency issuer credit rating of the [...] Full text...

thread Economy

Coronavirus: Burundi to shut land, sea borders to check rapid spread of virus

09 january 2021 - 13:53:59
Bujumbura, Burundi (PANA) - The Burundi authorities announced on Saturday that all land and sea borders will be closed from [...] Full text...

thread Health

AfDB Board of Directors approves borrowing programme for 2021

20 december 2020 - 14:24:36
Abidjan, Core d'Ivoire - The Board of Directors of the Board of Directors of the African Development Bank (AfDB) has [...] Full text...

thread Economy

South African steak receives highest world rating

08 december 2020 - 12:31:38
Cape Town, South Africa (PANA) – A cut of South African Wagyu ribeye meat has received the highest rating in [...] Full text...

thread Agriculture

Second IFAD credit rating to help increase investments against poverty, hunger

19 november 2020 - 12:56:55
Rome, Italy (PANA) - The prospect of eradicating hunger and poverty received a boost on Thursday as the UN’s International [...] Full text...

thread Agriculture

Health: AfDB wins global award for COVID-19 bond issue

01 october 2020 - 19:39:21
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) was selected in a poll of bond market players as [...] Full text...

thread Economy

AfDB named latest board member of the World Business Angels Investment Forum

28 september 2020 - 18:59:44
Abidjan, Cote d'Ivoire (PANA) - The World Business Angels Investment Forum (WBAF) on Monday named the African Development Bank (AfDB) [...] Full text...

thread Economy

AfDB named to board World Business Angels Investment Forum

28 september 2020 - 12:50:53
Abidjan, Cote d’Ivoire (PANA0 - The World Business Angels Investment Forum (WBAF) on Monday announced the African Development Bank as [...] Full text...

thread Economy

Guterres advocates for digital world that ‘strengthens human rights, advances peace’

24 september 2020 - 06:15:59
New York, US (PANA) - Amidst a technological era that “beckons with vast opportunity”, new risks exist to global peace, [...] Full text...

thread Sciences

Nigeria's Akinwumi Adesina re-elected AfDB President

27 august 2020 - 13:45:26
Abidjan, Cote d'Ivoire (PANA) - Nigeria's Dr. Akinwumi A. Adesina was Thursday re-elected to serve a second five-year term as [...] Full text...

thread Economy

AfDB to pick new president on August 27

24 august 2020 - 21:57:57
Nairobi, Kenya (PANA) - The African Development Bank (AfDB) Governors' Dialogue and election of a president will be top of [...] Full text...

thread Economy

COVID-19: AfDB mulls Building Africa back better after COVID-19 pandemic

24 august 2020 - 14:05:09
Abidjan, Cote d'Ivoire (PANA) - For the first time in the history of the African Development Bank (AfDB), its Annual [...] Full text...

thread Economy

COMESA chief, Kenya sports minister named for Africa influential woman award

20 august 2020 - 22:24:57
COMESA chief, Kenya sports minister named for Africa influential woman award   Nairoi, Kenya (PANA)  - COMESA Secretary General Chileshe Kapwepwe has [...] Full text...

thread Gender

AfDB chief Adesina 'completely exonerated' of alleged ethical wrongdoings

28 july 2020 - 08:01:51
Johannesburg, South Africa (PANA) - A much awaited report by an Independent Review Panel has completely exonerated the President of [...] Full text...

thread Economy

Fitch Rating Agency Affirms Triple A (AAA) Rating of the AfDB, with Stable Outlook

21 july 2020 - 16:04:03
Abidjan, Cote d'Ivoire (PANA) - Fitch Ratings, the global credit rating agency, has affirmed the African Development Bank’s (AfDB) Long-Term [...] Full text...

thread Economy

Mauritius introduces bill against money laundering, financing terrorism

30 june 2020 - 12:22:35
Port Louis, Mauritius (PANA) – Mauritian Financial Services and Good Governance minister Mahen Seeruttun, on Tuesday, told Parliament that the [...] Full text...

thread Economy

US Commends Gambia’s govt. for advancements made in TIP

25 june 2020 - 21:43:03
Banjul, Gambia(PANA) - The United States Thursday commended the Gambian government, relevant stakeholders and key partners in advancements made the [...] Full text...

thread

Ghana apologises for demolition of building in Nigeria’s diplomatic compound

24 june 2020 - 09:28:29
Abuja, Nigeria (PANA) – Ghana's President Nana Akufo-Addo on Tuesday apologised to his Nigerian counterpart, Muhammadu Buhari, for the demolition of [...] Full text...

thread Politics

S&P Global affirms AfDB’s AAA rating, with stable outlook

23 june 2020 - 17:12:31
New York, US (PANA) - Ratings Agency, S&P Global, has affirmed its 'AAA/A-1+' long- and short-term issuer credit assessment of [...] Full text...

thread Economy

AfDB delivers on a decade of transformative commitments to reduce poverty (A feature)

02 june 2020 - 19:59:25
Abidjan, Cote d'Ivoire (PANA) - For the past five decades, the African Development Bank (AfDB) Group has been at the [...] Full text...

thread Economy

COVID-19: Credit rating slides from stable to negative in Botswana

30 may 2020 - 19:41:54
Gaborone, Botswana (PANA) - International think-tanks at Moody’s have changed Botswana’s sovereign credit rating from stable to negative, authorities at [...] Full text...

thread Economy

Coronavirus: 'Our collective humanity is at stake' says AfDB President

22 april 2020 - 19:01:02
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Group President, Akinwumi Adesina, says an accelerated global health and [...] Full text...

thread Society

Fitch Ratings maintains Tunisia's sovereign rating

28 february 2020 - 18:02:17
Tunis, Tunisia (PANA) - The financial rating agency "Fitch Ratings" decided on Friday to maintain the sovereign rating of Tunisia [...] Full text...

thread Economy

Mali launches timetable for issuance of bonds in 2020 for 667 billion FCFA

28 february 2020 - 14:46:31
Bamako, Mali (PANA) - Malian Prime Minister and Minister of Economy and Finance, Boubou Cissé, on Thursday officially launched in [...] Full text...

thread Economy

Kenya Airways ranked last in Africa, Middle East airline on-time arrival rating

27 february 2020 - 13:31:52
Nairobi, Kenya (PANA) - Kenya Airways has been ranked last among ten carriers in the Middle East and Africa on [...] Full text...

thread Economy

Cape Verde economy doing well despite slip in Fitch rating from B+ to B, says Gov't

30 january 2020 - 11:28:05
Praia, Cape Verde (PANA) - The Cape Verde authorities say the country's economy has a positive long-term outlook despite a [...] Full text...

thread Economy

Transparency International, pro-government group disagree over Nigeria's corruption index

23 january 2020 - 17:49:39
Abuja, Nigeria (PANA) – Global anti-corruption agency, Transparency International, Thursday said that Nigeria dropped two points and is now ranked [...] Full text...

thread Society

Gambia pursues zero tolerance against trafficking in persons

16 january 2020 - 19:43:31
Banjul, Gambia (PANA) - The government of The Gambia is pursuing a new “zero tolerance” policy against Trafficking in Persons [...] Full text...

thread

Gabon, Chad, Cameroon and CAR negotiate an extension of the PRE

14 january 2020 - 18:02:21
Libreville, Gabon (PANA) - Four member countries of the Economic and Monetary Community of Central Africa (Cemac), namely Gabon, Chad, [...] Full text...

thread Economy

Fitch downgrades Nigeria's credit rating from 'stable' to 'negative'

22 december 2019 - 05:24:27
Abuja, Nigeria (PANA) – Fitch Ratings, the international credit rating agency, has revised the outlook on Nigeria’s long-term foreign currency [...] Full text...

thread Economy

Botswana financial institution lauded for high standards

21 november 2019 - 10:24:46
Gaborone, Botswana (PANA) - Botswana Development Corporation Limited (BDC) has received an AA performance rating of 91% from the Association of [...] Full text...

thread Economy

Global ratings agency downgrades South Africa

02 november 2019 - 05:13:57
Cape Town, South Africa (PANA) – International ratings agency, Moody’s, on Friday night downgraded the outlook for its credit rating [...] Full text...

thread Economy

Shareholders approve landmark US$115 billion capital increase for AfDB

01 november 2019 - 15:24:19
Abidjan, Cote d'Ivoire (PANA) - At an extraordinary shareholders’ meeting on Thursday in Abidjan, Governors of the African Development Bank [...] Full text...

thread Economy

CPJ decries global impunity in journalist murders

29 october 2019 - 13:40:59
Banjul, Gambia (PANA) - Impunity in the cases of murdered journalists remains firmly entrenched in over a dozen countries, including [...] Full text...

thread Society

More than 200,000 people affected by floods in Niger

27 september 2019 - 17:31:49
Niamey, Niger (PANA) - About 211,366 people have been affected by floods in Niger, according to information released recently by [...] Full text...

thread Environment

Gambia’s review draft FoI Bill

17 september 2019 - 17:02:01
Banjul, Gambia (PANA) - Stakeholders in The Gambia on Tuesday wrapped up a two-day technical review of the Draft Freedom [...] Full text...

thread Society

Niger floods claim 42 lives, affect 66,434 others

04 september 2019 - 15:44:07
Niamey, Niger (PANA) - A total of 42 people were killed and 66,434 more affected by floods in Niger in [...] Full text...

thread Society

TI hails arrest of 2 senior African officials on allegations of corruption

26 july 2019 - 18:14:52
Kigali, Rwanda (PANA) - Transparency International (TI), one of the global civil society organisations leading the fight against corruption, said [...] Full text...

thread Society

Mobile phone applications triple access to financial services in Kenya

16 july 2019 - 00:14:51
Nairobi, Kenya (PANA)   -  President Uhuru Kenyatta said here Monday Kenya would continue leveraging on new technologies to deepen financial [...] Full text...

thread Economy

Sub-Saharan Africa GDP expected to grow in 2019-2020 period - Report

01 july 2019 - 13:01:58
Nairobi, Kenya (PANA) - Gross Domestic Product (GDP) growth in Sub-Saharan Africa is expected to grow by 2.9 percent and [...] Full text...

thread Economy

Shelter Afrique to resume lending after US$108 million debt restructuring

21 june 2019 - 13:27:54
Marrakech, Morocco (PANA) - Shelter Afrique, an African housing financier, is set to resume lending after reaching an agreement with [...] Full text...

thread Economy

Shelter Afrique targets US$350 million eurobond for housing sector investments

31 may 2019 - 14:24:49
Nairobi, Kenya (PANA) - Shelter Afrique, the Pan African Organisation involved in housing investment in Africa, has announced plans to [...] Full text...

thread Economy

Uganda’s opposition protests $4.7m passed for Museveni’s countrywide tour

22 may 2019 - 10:16:17
Kampala, Uganda (PANA) – The Parliament of Uganda Tuesday evening approved $4.7 for long-serving president Yoweri Museveni to traverse the [...] Full text...

thread Politics

UPDATE: Millions of South Africans cast their votes in general election (Eds: Adds quotes of President Ramaphosa)

08 may 2019 - 10:26:14
Cape Town, South Africa (PANA) – Millions of South Africans on Wednesday began queuing at polling stations across the country [...] Full text...

thread Politics

Millions of South Africans vote in general election

08 may 2019 - 09:50:17
Cape Town, South Africa (PANA) – Millions of South Africans on Wednesday began queuing at polling stations across the country [...] Full text...

thread Politics

AfDB to receive 1.1 billion dollars from Canada

13 april 2019 - 10:29:00
Abidjan, Côte d’Ivoire (PANA) - Canada will support operations of the African Development Bank (AfDB) with a contribution of 1.1 [...] Full text...

thread Economy

AfDB helps Nigerian financier to boost local currency-based fundraising

12 april 2019 - 14:37:52
Abidjan, Côte d’Ivoire (PANA) – The Board of the African Development Bank (AfDB) has approved a US$15-million investment package to [...] Full text...

thread Economy

South Africa's stable ratings welcomed

30 march 2019 - 19:30:13
Cape Town, South Africa (PANA) – Business leaders have welcomed the decision by Moody's rating agency not to update its [...] Full text...

thread Economy

Ratings reprieve for South Africa welcomed

30 march 2019 - 19:11:54
Cape Town, South Africa (PANA) – Business leaders have welcomed the decision by Moody's rating agency not to update its [...] Full text...

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Ethiopian Airlines wins 2019 African Champion of the Year Award

26 march 2019 - 18:24:52
Kigali, Rwanda (PANA) - Ethiopian Airlines on Tuesday won the prestigious African Champion of the Year Award at the ongoing [...] Full text...

thread Economy

AU finance ministers endorse proposed international sovereign rating agency

06 march 2019 - 05:42:45
Yaoundé, Cameroon (PANA) – Ministers of finance, economy and planning approved a new roadmap towards the creation of a ratings [...] Full text...

thread Economy

Budget shows South Africa heading for serious economic and political trouble - Report

23 february 2019 - 16:19:11
Gaborone, Botswana (PANA)   South Africa is sailing into very serious political and economic trouble, the South African Institution of Race [...] Full text...

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Zambia’s central bank holds policy rate at 9.75%

20 february 2019 - 22:36:38
Lusaka, Zambia (PANA) – The Monetary Policy Committee (MPC) of the Bank of Zambia (BOZ) has decided to maintain the [...] Full text...

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AfDB needs to increase capital to achieve 2063 agenda goals - President Adesina

05 february 2019 - 20:27:25
Abidjan, Côte d 'Ivoire (PANA) - The President of the African Development Bank (AfDB), Akinwumi Adesina, on Tuesday appealed for [...] Full text...

thread Economy

AfDB Board approves Bank’s borrowing programme for 2019

16 december 2018 - 09:23:23
Abidjan, Cote d'Ivoire (PANA) - The Board of the African Development Bank (AfDB) has approved the institution’s 2019 borrowing programme [...] Full text...

thread Economy

IMF Board nods approval to Niger's economic performance

11 december 2018 - 07:57:48
Niamey, Niger (PANA) – Niger’s satisfactory economic performance in the first half of 2018 under the International Monetary Fund (IMF)’s [...] Full text...

thread Economy

AfDB supports entrepreneurship in transition states through equity investment

28 november 2018 - 15:49:07
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development (AfDB) Bank has approved an additional equity [...] Full text...

thread Economy

Gambia scores well in latest World Bank, IMF and Freedom House Rankings

19 november 2018 - 14:32:35
Banjul, Gambia (PANA) - The Gambian government has been favorably rated in almost all aspects of political and economic governance [...] Full text...

thread Economy

Buhari declares state of emergency on Nigeria’s water supply, sanitation and hygiene sector

08 november 2018 - 14:46:00
Abuja, Nigeria (PANA) – Nigerian President, Muhammadu Buhari, on Thursday in Abuja declared a state of emergency on Nigeria’s water [...] Full text...

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AfDB headlines strong performance ahead of key investment forum

23 october 2018 - 17:40:51
Johannesburg, South Africaq (PANA) - Ahead of its maiden African Investment Forum next month, the African Development Bank (AfDB) continues [...] Full text...

thread Economy

Moody's retains South Africa's stable rating

16 october 2018 - 14:58:56
Cape Town, South Africa (PANA) – International ratings agency Moody's on Tuesday released its research report on South Africa, giving [...] Full text...

thread Economy

Somali President's popularity rating drops to 67% on economic woes

02 october 2018 - 17:57:56
Mogadishu, Somalia (PANA) - Somali President Mohamed Abdullahi Farmajo's popularity rating has dropped by a massive 19% to 67% within [...] Full text...

thread Politics

ECOWAS engages Nigerian political actors, civil society on conflict-free polls in 2019

16 september 2018 - 20:49:04
Abuja, Nigeria (PANA) - Ahead of Nigeria’s crucial general elections in 2019, the Commission of the Economic Community of West [...] Full text...

thread Politics

AfDB, Canada share commitment to women’s empowerment in Africa

19 august 2018 - 04:17:38
Abidjan, Cote d'Ivoire (PANA) - On her recent first visit to the West African nation of Côte d’Ivoire, Canada’s Minister [...] Full text...

thread Gender

AfDB approves US$ 250-million Risk Participation Agreement with ABSA

21 july 2018 - 06:19:04
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved an unfunded US$ [...] Full text...

thread Economy

South Africa hard-hitting court ruling over Xhosa initiation film

29 june 2018 - 10:27:08
Cape Town, South Africa (PANA) – There has been widespread reaction to Thursday’s North Gauteng High Court ruling which found [...] Full text...

thread Society

Gambia implements IMF’s Enhanced General Data Dissemination System

02 june 2018 - 05:52:39
Banjul, Gambia (PANA) - The Gambia has launched a National Summary Data Page (NSDP) in implementing the recommendations of the [...] Full text...

thread Economy

AfDB meetings end in South Korea, Equatorial Guinea to host 2019 events

25 may 2018 - 19:13:31
Busan, South Korea (PANA) - The 53rd Annual Meetings of the African Development Bank (AfDB) were concluded on Friday in [...] Full text...

thread Economy

With strong financial profile, AfDB is spearheading Africa’s economic transformation

25 may 2018 - 04:48:53
Busan, South Korea (PANA) - The African Development Bank (AfDB) has a very strong financial profile and remains focused in [...] Full text...

thread Economy

AfDB blames lack of industries for Africa's low rating on global development

16 may 2018 - 15:25:48
Nairobi, Kenya (PANA) - Africa’s lack of industries is largely responsible for its low standing in global development, the African [...] Full text...

thread Economy

Global ratings agency throws South Africa a lifeline

24 march 2018 - 07:58:14
Cape Town, South Africa (PANA) – Global ratings agency Moody's has thrown South Africa a lifeline by keeping its sovereign [...] Full text...

thread Economy

East African finance ministers discuss infrastructure finance challenges with AfDB

07 march 2018 - 19:22:10
Abidjan, Côte d’Ivoire (PANA) – In a historic first, East African Governors of the African Development Bank (AfDB) met with [...] Full text...

thread Economy

South Africa Rand surges as President Zuma fights for his political life

05 january 2018 - 17:44:29
Cape Town, South Africa (PANA) – South Africa's Rand has surged to its highest levels since mid-2015 amid speculation that [...] Full text...

thread Politics

AfDB to raise US$8 billion from capital markets in 2018

21 december 2017 - 15:40:29
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved the Bank’s 2018 [...] Full text...

thread Economy

Moscow hotels 75% booked for 2018 FIFA World Cup

20 december 2017 - 14:59:48
Moscow, Russia (PANA) - Up to three-quarters of Moscow hotel rooms have been taken up for the 2018 FIFA World [...] Full text...

thread Sports

Video Assistant Referee debuts in CHAN 2018 - CAF

28 november 2017 - 18:50:47
Cairo, Egypt (PANA) - Video Assistant Referee (VAR) will be used for the first time in a Confederation of African [...] Full text...

thread Sports

Cote d'Ivoire: AfDB pays tribute to late president Babacar Ndiaye

21 september 2017 - 19:42:38
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) on Thursday paid tribute to honour its former President, the [...] Full text...

thread Society

Zambia: Stanchart pledges to do more in its operations in Zambia

07 september 2017 - 18:48:22
Lusaka, Zambia (PANA) - Standard Chartered Bank Group Chief Executive Officer Bill Winters has met with Zambian President Edgar Lungu [...] Full text...

thread Economy

South Africa: AfDB Chief reels out bank's achievements in Southern Africa

19 august 2017 - 14:06:13
Pretoria, South Africa (PANA) - The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has said that the [...] Full text...

thread Economy

Cote d;'Ivoire: Standard and Poors Affirms AfDB’s 'AAA/A-1+' Ratings; Outlook Stable

10 august 2017 - 13:25:14
Abidjan, Cote d'Ivoire (PANA) - Global rating agency, Standard and Poors (S&P), has affirmed its AfDB’s 'AAA/A-1+' Ratings with Outlook [...] Full text...

thread Economy

Cote d'Ivoire: Fitch rates AfDB 'AAA'

08 august 2017 - 16:46:46
Abidjan, Cote d'Ivoire (PANA) - Fitch Ratings has affirmed the African Development Bank's (AfDB) Long-Term Issuer Default Rating (IDR) at [...] Full text...

thread Economy

Côte d'Ivoire: AfDB releases 28.9 billion FCFA in support of economic governance, growth in Côte d'Ivoire

18 july 2017 - 14:48:53
Abidjan, Cote d'Ivoire (PANA) - The Executive Board of the African Development Bank (AfDB) has approved an African Development Fund [...] Full text...

thread Economy

Gambia: US hails Gambia for improved fight against human trafficking

11 july 2017 - 13:58:54
Banjul, Gambia (PANA) - The US State Department has seen a major improvement in the fight against human trafficking in [...] Full text...

thread Society

South Africa: Constitutional Court to hand down key Zuma ruling

20 june 2017 - 13:42:09
Cape Town, South Africa (PANA) – The South African Constitutional Court on Tuesday announced that it will hand down a [...] Full text...

thread Politics

South Africa: More bad news for South Africa's battered economy

14 june 2017 - 12:41:12
Cape Town, South Africa (PANA) – A survey released on Wednesday reveals that South Africa’s business confidence has fallen to [...] Full text...

thread Economy

US: IMF Board ticks US$224.2m credit facility for Sierra Leone

06 june 2017 - 08:33:05
Washington, D.C., US (PANA) - Commending Sierra Leone's efforts to expand the social safety net, the International Monetary Fund (IMF) [...] Full text...

thread Economy

India: 'The time for Africa is now – we can’t slow down, we must quicken the pace' - Adesina

23 may 2017 - 05:25:52
Ahmedabad, India (PANA) - "India is the perfect place for the African Development Bank (AfDB) to focus on the transformative [...] Full text...

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South Africa: Constitutional court hears application for secret no-confidence vote

15 may 2017 - 15:10:57
Cape Town, South Africa (PANA) – South Africa's opposition United Democratic Movement (UDM) on Monday told the Constitutional Court that [...] Full text...

thread Politics

Germany: Environmentalists laud positive China, India policies on coal use

15 may 2017 - 11:26:55
Bonn, Germany, Kenya (PANA) - Positive developments on coal use in China and India are likely to reduce projected global [...] Full text...

thread Environment

South Africa: ANC takes aim at judge over Zuma ruling

09 may 2017 - 17:49:37
Cape Town, South Africa (PANA) – South Africa's ruling African National Congress (ANC) on Tuesday slammed High Court Judge Bashier [...] Full text...

thread Politics

Cote d'Ivoire: AfDB Chief makes 2 major appointments to management team

29 april 2017 - 14:43:08
Abidjan, Cote d'Ivoire (PANA) - The President Akinwumi Adesina of the African Development Bank (AfDB) Group, has announced two major [...] Full text...

thread Economy

Tanzania: Tanzania 'hits soft patch' in slow budget implementation - IMF

14 april 2017 - 17:45:14
Dar es Salaam, Tanzania (PANA) - After remaining strong in 2016, with an estimated growth of about 7 percent, Tanzania's [...] Full text...

thread Economy

South Africa: South African cities gridlocked with anti-Zuma protests

07 april 2017 - 10:19:27
Cape Town, South Africa (PANA) – Hundreds of thousands of protesters have taken to the streets of South Africa, blocking [...] Full text...

thread Politics

South Africa: South Africa braces for more anti-Zuma protests

06 april 2017 - 13:12:40
Cape Town, South Africa (PANA) – The turmoil following President Jacob Zuma’s shock cabinet reshuffle continues to reverberate around South [...] Full text...

thread Politics

South Africa: South Africa downgraded to junk status as cabinet crisis grows

03 april 2017 - 18:00:38
Cape Town, South Africa (PANA) – In another massive blow to embattled President Jacob Zuma, international ratings agency S&P Global [...] Full text...

thread Politics

Botswana: Botswana steps up anti-human trafficking fight

23 march 2017 - 11:02:12
Gaborone, Botswana (PANA) – Botswana has intensified its fight against human trafficking, as the country seeks to achieve the highest [...] Full text...

thread Society

Belgium: EU extends targeted sanctions against Tunisian ex-president Ben Ali

17 february 2017 - 14:04:21
Brussels, Belgium (PANA) - The European Union council has extended, by one year until January 2018, the targeted sanctions against [...] Full text...

thread Politics

Zambia: Africa, Asia require urgent support for carbon markets growth, mitigation action

09 february 2017 - 17:31:31
Lusaka, Zambia (PANA) - The UN Framework Convention on Climate Change (UNFCCC) has revealed that countries in Asia, Africa, Latin [...] Full text...

thread Environment

US: Sierra Leone implements IMF's Enhanced General Data Dissemination System

24 january 2017 - 18:26:59
Washington, DC, US (PANA) - Sierra Leone has achieved a major milestone in its statistical development by disseminating a National [...] Full text...

thread Economy

South Africa: Fitch Ratings downgrades South Africa's economic outlook

25 november 2016 - 17:44:20
Cape Town, South Africa (PANA) – The Fitch Ratings agency on Friday dropped South Africa's economic outlook to negative, while [...] Full text...

thread Economy

Morocco: Major challenges ahead to meet 1.5 degrees warming limit - NGO

11 november 2016 - 12:54:11
Marrakech, Morocco (PANA) – The rapid entry into force of the Paris Agreement has created the legal basis for countries [...] Full text...

thread Environment

Tanzania: IMF says Tanzania remains at low risk of external debt distress

31 october 2016 - 20:29:26
Dar es Salaam, Tanzania (PANA) - Preliminary data for the first half of 2016 indicate that Tanzania’s economic growth was [...] Full text...

thread Economy

US: Rwandan minister concerned about Africa’s US$50 billion annual losses

27 october 2016 - 15:43:51
New York, US (PANA) - The estimated US$50 billion being lost annually by Africa due to illicit financial flows should [...] Full text...

thread Economy

UN: Geingob vows to lift Namibians out of poverty

21 september 2016 - 18:22:24
New York, US (PANA) - Namibian President Hage Geingob on Wednesday said the he will use the platform of the [...] Full text...

thread Society

Zambia: Zambia places sixth in exclusive breast feeding rating

14 june 2016 - 15:56:21
Lusaka, Zambia (PANA) - Zambia has made great progress in promoting exclusive breast feeding, becoming the sixth highest in the [...] Full text...

thread Health

South Africa: Statistics SA paints bleak picture of the economy despte Fitch Ratings

08 june 2016 - 13:53:27
Cape Town, South Africa (PANA) – Statistics South Africa on Wednesday released economic data revealing that gross domestic product contracted [...] Full text...

thread Economy

South Africa: SA economy gets further reprieve following rating by Fitch

08 june 2016 - 13:49:12
Cape Town, South Africa (PANA) – South Africa’s beleaguered economy on Wednesday received its second massive reprieve in less than [...] Full text...

thread Economy

South Africa: South Africa avoids 'junk status' rating

03 june 2016 - 17:21:29
Cape Town, South Africa (PANA) – International ratings agency Standard & Poor’s (S&P) on Friday announced that it will keep [...] Full text...

thread Economy

South Africa: IMF urges South Africa to facilitate inclusive private sector-led growth

06 may 2016 - 17:44:29
Pretoria, South Africa (PANA) - South Africa faces a challenging economic environment, according to an International Monetary Fund (IMF) team [...] Full text...

thread Economy

US: Zambia implements IMF's enhanced data dissemination system

27 april 2016 - 16:41:11
Washington, D.C., US (PANA) - Zambia is placed in the first wave of countries in Sub-Saharan Africa to implement the [...] Full text...

thread Economy

Botswana:Moody's maintains Botswana's credit rating

25 april 2016 - 18:46:00
Gaborone, Botswana (PANA) - International credit rating agency Moody’s Investors Service’s collective forecasters have retained Botswana’s A2 bond rating. In a [...] Full text...

thread Economy

Senegal: African states urged to embrace Peer Review Mechanism

06 april 2016 - 15:26:45
Dakar, Senegal (PANA) - Mr. Erastus Mwencha, Deputy Chairperson of the African Union Commission (AUC), has called on governments to [...] Full text...

thread Politics

Malawi: Power crisis in Southern Africa, threat to SADC integration agenda

15 march 2016 - 10:24:54
Lilongwe, Malawi (PANA) – The crippling energy crisis that has affected Southern Africa region is said to be threatening the [...] Full text...

thread Economy

Senegal: GGA says citizens raise concern over quality of governance in South Africa

24 february 2016 - 15:36:36
Dakar, Senegal (PANA) – Good Governance Africa (GGA), a research and advocacy body, on Wednesday revealed that going by its [...] Full text...

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South Africa: Mining giant faces bleak future

16 february 2016 - 11:46:59
Cape Town, South Africa (PANA) – In the latest blow to South Africa’s beleaguered economy, mining giant Anglo American has [...] Full text...

thread Economy

Ghana: IMF, DFID highlight value of data for better economic policies in Africa

03 february 2016 - 06:43:39
Accra, Ghana (PANA) - Among the main challenges that African countries are facing to enhance data is the appropriate minimum [...] Full text...

thread Economy

Switzerland: WHO says films showing smoking scenes should be rated

01 february 2016 - 06:24:04
Geneva, Switzerland (PANA) - The UN World Health Organization (WHO) is calling on governments to rate movies that portray tobacco [...] Full text...

thread Health

South Africa: Thousands call for Zuma to resign

16 december 2015 - 11:55:31
Cape Town, South Africa (PANA) – Tens of thousands of irate South Africans on Wednesday took to the streets of [...] Full text...

thread Society

South Africa: Rand plummets after Zuma axes Finance Minister

10 december 2015 - 05:18:16
Cape Town, South Africa (PANA) – The South African currency, the rand, has tumbled to its lowest levels ever following [...] Full text...

thread Economy

Botswana: Botswana first to implement IMF’s Enhanced General Data Dissemination System

06 november 2015 - 14:36:59
Gaborone, Botswana (PANA) - Botswana on Friday became the first country to implement the Enhanced General Data Dissemination [...] Full text...

thread Economy

Angola: Angola issues US$1.5 bn Euro bonds

26 october 2015 - 09:29:32
Luanda, Angola (PANA) - Angola has announced the launch of sovereign debt bonds in the international market in the form [...] Full text...

thread Economy

Nigeria: Nigeria airport rated worst in the world

19 october 2015 - 23:29:02
Lagos, Nigeria (PANA) - The Port Harcourt International Airport in southern Nigeria has been rated the worst airport in Africa [...] Full text...

thread Economy

Zambia: Finance Minister says spokesperson embarrassed his ministry

02 october 2015 - 14:38:51
Lusaka, Zambia (PANA) – Zambia’s Finance Minister Alexander Chikwanda has told Parliament that his ministry was embarrassed by a statement [...] Full text...

thread Economy

Nigeria: Buhari's first 100 days in office, raging war against boko haram, corruption reported in Nigeria

12 september 2015 - 08:11:32
Lagos, Nigeria (PANA) - President Muhammadu Buhari's first 100 days in office, the raging war against Boko Haram and Corruption [...] Full text...

thread Press Review

Botswana: Sovereign wealth to cushion Botswana's economy

27 august 2015 - 11:58:40
Gaborone, Botswana (PANA) - International credit rating firm Moody’s has commended Botswana for rebuilding its sovereign wealth after the global [...] Full text...

thread Economy

Nigeria: AFC receives US$50m loan from IDB for project financing

24 august 2015 - 10:46:17
Lagos, Nigeria (PANA) - The Africa Finance Corporation (AFC) has announced its acceptance of a US$50 million, 15-year loan from [...] Full text...

thread Economy

Egypt: Afreximbank's rating goes from 'negative to stable'

23 july 2015 - 09:21:51
Cairo, Egypt (PANA) - The outlook on the Baa2 long-term issuer rating of the African Export-Import Bank (Afreximbank) has been [...] Full text...

thread Economy

US: IMF approves US$68.36 million for Cote d'Ivoire

05 june 2015 - 17:52:57
New York, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Friday approved the immediate release [...] Full text...

thread Economy

South Africa: Top global, African CEOs launch infrastructure business network

02 june 2015 - 14:59:46
Cape Town, South Africa (PANA) - Top global and African Chief Executive Officers Tuesday launched a Continental Business Network (CBN) [...] Full text...

thread Economy