Japan signs $1 billion portfolio guarantee with World Bank
26 october 2024 - 07:34:07Washington, DC, United States (PANA) - Japan signed a $1 billion portfolio guarantee agreement on Friday that will scale up [...] Full text...
thread Economy
Breaking news
- Agriculture
AfDB approves €24 million loan to Côte d’Ivoire to improve fisheries and aquaculture sectors
- Culture
Senior US diplomat participates in Dakar Biennale
- Economy
Sudan continues exporting gold despite the war, minister says
- Environment
Global plastics treaty: UN experts call for centrality of human rights
- Gender
One in three women experiences gender-based violence
- Health
Antimicrobial Resistance conference closes with adoption of global pledges to tackle problem
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Ugandan Military Court to try opposition leader Besigye
- Press Review
Lessons of Hamas operation against Israel, - Libyan newspaper,
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The promise and peril of runaway technological advances
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Libya chairs Arab discussion group at mine action session
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More health workers and patients killed proportionally in Lebanon than in Ukraine and Gaza
- Sports
Ghana FA dissolves management committee of national football team after disastrous AFCON 2025 qualifiers
161 Search result
Washington, DC, United States (PANA) - Japan signed a $1 billion portfolio guarantee agreement on Friday that will scale up [...] Full text...
Strong consumption, investment demand among factors boosting Côte d’Ivoire’s outlook
26 june 2024 - 08:40:56Abidjan, 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 - 07:47:50London, UK (PANA) - The 10th Invest Africa Debate opened in London’s prestigious Guildhall on Thursday with the president of [...] Full text...
thread Economy
Central banks must remain vigilant along the last mile of disinflation: IMF Blog By Tobias Adrian
16 april 2024 - 18:23:10Washington DC. United States (PANA) - A sense of optimism has pervaded financial markets in recent months, amid investor confidence [...] Full text...
thread Economy
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 - 17:27:54Washington, United States (PANA) - Some developing economies are finally seeing light at the end of the tunnel. Global inflation is [...] Full text...
thread Economy
Botswana issues first sustainable bond
18 january 2024 - 17:59:58Gaborone, Botswana (PANA) - Botswana Stock Exchange (BSE) has listed the country's first sustainable bond, as companies seek to heal [...] Full text...
thread Economy
World Bank foresees global economy recording worst growth over quarter century
10 january 2024 - 16:33:50Nairobi, 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 - 17:37:13Nairobi, 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 - 14:23:37Washington, United States (PANA) - As the world nears the midpoint of what was intended to be a transformative decade [...] Full text...
thread Economy
Remittance flows continue to grow in 2023 albeit at slower pace: World Bank report
18 december 2023 - 06:52:12Washington, United States (PANA) - Remittances to low- and middle-income countries (LMICs) grew an estimated 3.8% in 2023, a moderation [...] Full text...
thread Economy
Heads of MDBs Group vow to beef up collaboration for greater impact
15 october 2023 - 18:57:23Marrakech, Morocco (PANA) – Admitting that the world faces a global “polycrisis” affecting human and economic development at an unprecedented [...] Full text...
thread Economy
Emerging economies need much more private financing for climate transition: IMF Blog
03 october 2023 - 17:18:43Washington DC, United States (PANA) - Achieving the transition to net-zero emissions by 2050 requires substantial climate mitigation investment in [...] Full text...
thread Environment
AfDB issues highest rated hybrid capital by multilateral development bank
30 july 2023 - 13:04:00Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Group has received global recognition for its inaugural hybrid capital [...] Full text...
thread Economy
Developing countries face $4 trillion investment gap in SDGs
06 july 2023 - 06:01:31New York, US (PANA) - A green future will remain out of reach if the world doesn’t help developing countries [...] Full text...
thread Economy
Remittances remain resilient but likely to slow: World Bank report
13 june 2023 - 16:42:25Washington, DC, US (PANA) - Officially recorded remittance flows to low- and middle-income countries (LMICs) are estimated to grow by [...] Full text...
thread Economy
Tanzania earns ‘B+’ rating for strong economic growth
13 june 2023 - 11:07:29Dar 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 - 19:00:13Tunis, Tunisia (PANA) - A large European delegation paid a brief visit to Tunis on Sunday in an attempt to [...] Full text...
thread Economy
Global rating agency downgrades South Africa
09 march 2023 - 08:56:32Cape Town, South Africa (PANA) – Global ratings agency S&P downgraded South Africa's credit rating outlook to stable from positive [...] Full text...
thread Economy
Morocco removed from Financial Action Task Force (FATF) grey list
24 february 2023 - 19:16:24Rabat, Morocco (PANA) - The Financial Action Task Force (FATF) decided, unanimously Friday by its members, the exit of Morocco [...] Full text...
thread Economy
IMF assigns resident financial adviser to Ghana's central bank
15 february 2023 - 10:54:20Accra, 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 - 15:10:51Dakar, Senegal (PANA) - The Senegalese Head of State, Macky Sall, who is also the current Chairperson of the African [...] Full text...
thread Politics
COP27: African climate financing alliance formed to boost infrastructure
15 november 2022 - 08:44:32Sharm El-Sheikh, Egypt (PANA) - African institutions have launched an alliance for green infrastructure projects at the UN Climate Change Conference [...] Full text...
thread Economy
77th UN General Assembly: Macky Sall calls for fairer global governance
21 september 2022 - 19:20:40Dakar, Senegal (PANA) - The Senegalese president, Macky Sall, said on Tuesday, before the 77th General Assembly of the United [...] Full text...
thread Politics
Concern raised over South Africa's financial security regulations
19 august 2022 - 08:43:23Cape Town, South Africa (PANA) – The South African Government has conceded that the country is now at great risk [...] Full text...
thread Economy
Ghana's Inflation rises 31.7% in July
10 august 2022 - 14:40:36Accra, 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 - 13:15:56Nairobi, Kenya (PANA) - Kenyans are preparing to vote on 9 August 2022 to elect President Uhuru Kenyatta's successor and [...] Full text...
thread Politics
Fitch Rating downgrades Tunisia to CCC
18 march 2022 - 18:15:05Tunis, 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 - 16:05:28Addis Ababa, Ethiopia (PANA) - The 35th regular Summit of the African Union Heads of State and Government opened in [...] Full text...
thread Politics
Coronavirus: African finance ministers call for measures to tame bad publicity
03 december 2021 - 19:57:26Pria, Cabo Verde (PANA) - African Ministers of finance have called for measures to deal with the bad publicity afflicting [...] Full text...
thread Economy
Japan Credit Rating Agency reaffirms AfDB’s AAA rating with a stable outlook
03 september 2021 - 14:39:56Abidjan, Côte d’Ivoire (PANA) - Japan Credit Rating Agency (JCR) has affirmed the African Development Bank’s long-term rating at AAA [...] Full text...
thread Economy
IFAD reaches 123 million people in fight against hunger, poverty and exclusion
29 july 2021 - 13:41:00Rome, Italy (PANA) - As the COVID-19 pandemic raged around the world pushing millions more people into hunger and poverty, [...] Full text...
thread Agriculture
AfDB to expand lending to 8% after strong Fitch Rating
22 july 2021 - 11:30:43Nairobi, Kenya (PANA) —The African Development Bank (AfDB) has scored the highest ever rating of triple A, as a result [...] Full text...
thread Economy
Ratings agency flags South Africa concerns
18 may 2021 - 18:05:36Cape Town, South Africa (PANA) – Global ratings agency, Moody’s, on Tuesday warned that low economic growth and rising debt [...] Full text...
thread Economy
AfDB named World's Best Multilateral Financial Institution 2021
09 march 2021 - 17:16:36Abidjan, 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 - 09:04:34Port Louis, Mauritius (PANA) – Mauritius Bankers Association Limited (MBA) on Saturday said it has taken cognizance of the decision [...] Full text...
thread Economy
Governing Council reappoints Gilbert F. Houngbo President of IFAD
17 february 2021 - 18:29:18Rome, Italy (PANA) - In a strong show of support and recognition for the leader who has successfully showcased the [...] Full text...
thread Agriculture
Global airline passenger traffic falls by 67% - Report
06 february 2021 - 15:24:42Nairobi, Kenya (PANA) - The year 2020 was one of the most challenging years for the aviation industry which saw [...] Full text...
thread Economy
S&P Global affirms African Development Bank’s AAA rating with stable outlook
02 february 2021 - 12:52:29Abidjan, 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
South African steak receives highest world rating
08 december 2020 - 12:31:38Cape 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 - 12:56:55Rome, Italy (PANA) - The prospect of eradicating hunger and poverty received a boost on Thursday as the UN’s International [...] Full text...
thread Agriculture
Nigeria's Akinwumi Adesina re-elected AfDB President
27 august 2020 - 13:45:26Abidjan, 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 chief Adesina 'completely exonerated' of alleged ethical wrongdoings
28 july 2020 - 08:01:51Johannesburg, 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 - 16:04:03Abidjan, 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
S&P Global affirms AfDB’s AAA rating, with stable outlook
23 june 2020 - 17:12:31New 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 - 19:59:25Abidjan, 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 - 19:41:54Gaborone, 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
Turkey-Africa Partnership panel discusses trade and stimulus to cushion the economic fallout of COVID-19
19 may 2020 - 18:19:08Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Vice President for Regional Development, Integration and Business Delivery, Khaled [...] Full text...
thread Economy
Coronavirus: 'Our collective humanity is at stake' says AfDB President
22 april 2020 - 19:01:02Abidjan, 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 - 18:02:17Tunis, 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 - 14:46:31Bamako, Mali (PANA) - Malian Prime Minister and Minister of Economy and Finance, Boubou Cissé, on Thursday officially launched in [...] Full text...
thread Economy
Nigeria: Navy rescues three foreigners taken hostage in vessel
07 january 2020 - 22:01:44Abuja, Nigeria (PANA) - The three expatriates kidnapped by pirates at Sigbene, near Agge community along the creeks of Delta [...] Full text...
thread Society
Nigerian Navy sets up panel over killing of 4 personnel by pirates off Niger Delta region
06 january 2020 - 16:49:53Abuja, Nigeria (PANA) – The Nigerian Navy has set up a Board of Inquiry to ascertain the circumstances in which [...] Full text...
thread Society
Fitch downgrades Nigeria's credit rating from 'stable' to 'negative'
22 december 2019 - 05:24:27Abuja, Nigeria (PANA) – Fitch Ratings, the international credit rating agency, has revised the outlook on Nigeria’s long-term foreign currency [...] Full text...
thread Economy
Global ratings agency downgrades South Africa
02 november 2019 - 05:13:57Cape Town, South Africa (PANA) – International ratings agency, Moody’s, on Friday night downgraded the outlook for its credit rating [...] Full text...
thread Economy
Debt stocks of developing countries rose to $7.8 trillion in 2018 - World Bank report
02 october 2019 - 14:46:29Washington, US (PANA) - Total external debt of low- and middle-income countries climbed 5.3 percent to $7.8 trillion last year, [...] Full text...
thread Economy
Insurance industry applauded for job creation in Botswana
05 september 2019 - 16:13:01Gaborone, Botswana (PANA) - Botswana Vice President Slumber Tsogwane has said the government recognises the key role played by the [...] Full text...
thread Economy
'Macroeconomic Management weakens while Social Inclusion Policies improve slightly in Africa's poorest countries'
31 july 2019 - 14:08:37Washington D.C., US (PANA) - Africa's poorest countries saw little to no progress on average in improving the quality of [...] Full text...
thread Economy
Gambia jumps 35 places in global peace ranking
27 may 2019 - 17:55:30Banjul, Gambia (PANA) – The Gambia jumped 35 places in the league table of countries captured in the latest ranking [...] Full text...
thread Politics
Microsoft holds talks with Kenya on setting up Africa technology centre
13 may 2019 - 22:09:21Nairobi, Kenya (PANA) – Computer software firm, Microsoft Corporation, has commenced talks with the government of Kenya on its plan [...] Full text...
thread Economy
UN Secretary General to co-chair special session to raise $50 billion to revive Lake Chad
23 april 2019 - 20:26:21Abuja, Nigeria (PANA) - Nigeria’s President Muhammadu Buhari Tuesday said he welcomed the acceptance of the United Nations Secretary-General, Antonio [...] Full text...
thread Society
South Africa's stable ratings welcomed
30 march 2019 - 19:30:13Cape 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 - 19:11:54Cape Town, South Africa (PANA) – Business leaders have welcomed the decision by Moody's rating agency not to update its [...] Full text...
thread
AU finance ministers endorse proposed international sovereign rating agency
06 march 2019 - 05:42:45Yaoundé, Cameroon (PANA) – Ministers of finance, economy and planning approved a new roadmap towards the creation of a ratings [...] Full text...
thread Economy
AfDB Board approves Bank’s borrowing programme for 2019
16 december 2018 - 09:23:23Abidjan, Cote d'Ivoire (PANA) - The Board of the African Development Bank (AfDB) has approved the institution’s 2019 borrowing programme [...] Full text...
thread Economy
AfDB supports entrepreneurship in transition states through equity investment
28 november 2018 - 15:49:07Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development (AfDB) Bank has approved an additional equity [...] Full text...
thread Economy
Ratings agency flags South Africa's jittery economy
26 october 2018 - 19:41:52Cape Town, South Africa (PANA) - International Ratings Agency, Moody's, on Friday said a weaker fiscal outlook in South Africa's [...] Full text...
thread Economy
AfDB headlines strong performance ahead of key investment forum
23 october 2018 - 17:40:51Johannesburg, 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 - 14:58:56Cape Town, South Africa (PANA) – International ratings agency Moody's on Tuesday released its research report on South Africa, giving [...] Full text...
thread Economy
South Africa finance minister resigns over State Capture scandal
09 october 2018 - 16:32:15Cape Town, South Africa (PANA) – President Cyril Ramaphosa on Tuesday announced the resignation of Nhlanhla Nene who has been [...] Full text...
thread Politics
Somali President's popularity rating drops to 67% on economic woes
02 october 2018 - 17:57:56Mogadishu, Somalia (PANA) - Somali President Mohamed Abdullahi Farmajo's popularity rating has dropped by a massive 19% to 67% within [...] Full text...
thread Politics
‘Pay attention to persistent revenue shortfalls’ - IMF team advises Ghana
28 september 2018 - 09:20:33Accra, Ghana (PANA) – Ghana’s 2019 budget would need to address persistent revenue shortfalls and start tackling decisively the issue [...] Full text...
thread Economy
AfDB meetings end in South Korea, Equatorial Guinea to host 2019 events
25 may 2018 - 19:13:31Busan, South Korea (PANA) - The 53rd Annual Meetings of the African Development Bank (AfDB) were concluded on Friday in [...] Full text...
thread Economy
Global ratings agency throws South Africa a lifeline
24 march 2018 - 07:58:14Cape Town, South Africa (PANA) – Global ratings agency Moody's has thrown South Africa a lifeline by keeping its sovereign [...] Full text...
thread Economy
Kenyan Eurobond issue attracts top bids despite credit down-grade
22 february 2018 - 18:38:28Nairobi, Kenya (PANA) – Kenya’s national Treasury remained bullish on Thursday after a new Eurobond issue attracted bids worth a [...] Full text...
thread Economy
South Africa's Xhosa initiation film hits a nerve
22 february 2018 - 08:44:34Cape Town, South Africa (PANA) – The producers of a film about a Xhosa initiation ceremony, which has hit a [...] Full text...
thread Culture
Cote d;'Ivoire: Standard and Poors Affirms AfDB’s 'AAA/A-1+' Ratings; Outlook Stable
10 august 2017 - 13:25:14Abidjan, 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 - 16:46:46Abidjan, 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
US: Low growth takes toll on South Africa's public finances, raises government debt
06 july 2017 - 17:22:49Washington, D.C., US (PANA) - South Africa’s vulnerabilities have become more pronounced and are set to increase further unless economic [...] Full text...
thread Economy
South Africa: More bad news for South Africa's battered economy
14 june 2017 - 12:41:12Cape Town, South Africa (PANA) – A survey released on Wednesday reveals that South Africa’s business confidence has fallen to [...] Full text...
thread Economy
South Africa: Reprieve for South Africa's battered economy
01 june 2017 - 15:33:53Cape Town, South Africa (PANA) – South Africa’s battered economy received a timely boost on Thursday after Fitch Ratings announced [...] Full text...
thread Economy
South Africa: Court orders Zuma to justify dramatic Cabinet reshuffle
04 may 2017 - 14:59:55Cape Town, South Africa (PANA) – North Gauteng High Court Judge Bashier Vally on Thursday ruled that South African President [...] Full text...
thread Society
South Africa: Opposition files court application over dramatic cabinet reshuffle
25 april 2017 - 16:53:59Cape Town, South Africa (PANA) – The official opposition Democratic Alliance (DA) on Tuesday filed an urgent application in the [...] Full text...
thread Politics
South Africa: New finance minister embarks on international roadshow
19 april 2017 - 14:00:14Cape Town, South Africa (PANA) – Three weeks after President Jacob Zuma sparked a political crisis in South Africa by [...] Full text...
thread Politics
South Africa: SA opposition parties unite for major anti-Zuma march
12 april 2017 - 16:58:22Cape Town, South Africa (PANA) – More than 30,000 protestors on Wednesday marched through Pretoria to the Union Buildings demanding [...] Full text...
thread Politics
South Africa: Zuma claims racists are behind protests calling for his removal
10 april 2017 - 15:55:02Cape Town, South Africa (PANA) – South African President Jacob Zuma on Monday slammed the thousands of protestors who have [...] Full text...
thread Politics
South Africa: South Africa downgraded to junk status as cabinet crisis grows
03 april 2017 - 18:00:38Cape 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 - 11:02:12Gaborone, Botswana (PANA) – Botswana has intensified its fight against human trafficking, as the country seeks to achieve the highest [...] Full text...
thread Society
South Africa: Zuma hails government's achievements
16 december 2016 - 06:30:53Cape Town, South Africa (PANA) – Embattled South African President Jacob Zuma has painted a glowing picture of his government’s [...] Full text...
thread Politics
South Africa: Fitch Ratings downgrades South Africa's economic outlook
25 november 2016 - 17:44:20Cape Town, South Africa (PANA) – The Fitch Ratings agency on Friday dropped South Africa's economic outlook to negative, while [...] Full text...
thread Economy
South Africa: Pretoria under fire over ICC withdrawal plans
24 october 2016 - 12:09:53Cape Town, South Africa (PANA) – The fallout from South Africa’s shock decision that it plans to withdraw from the [...] Full text...
thread Politics
South Africa: Finance Minister ordered to appear in court
11 october 2016 - 11:40:29Cape Town, South Africa (PANA) – South Africa has been rocked the National Prosecuting Authority’s announcement that Finance Minister Pravin [...] Full text...
thread Politics
Botswana: Aviation safety earns Botswana ICAO award
04 october 2016 - 12:54:50Gaborone, Botswana (PANA) – Botswana has received the International Civil Aviation Organization’s (ICAO) Presiden's Certificate on aviation safety. Civil Aviation [...] Full text...
thread Economy
Kenya: African states risk economic failing amid foreign debt repayment
22 july 2016 - 07:19:09Nairobi, Kenya (PANA) - African states are at risk of economic failure amid rising foreign and domestic debts estimated at [...] Full text...
thread Economy
South Africa: Statistics SA paints bleak picture of the economy despte Fitch Ratings
08 june 2016 - 13:53:27Cape 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 - 13:49:12Cape 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 - 17:21:29Cape Town, South Africa (PANA) – International ratings agency Standard & Poor’s (S&P) on Friday announced that it will keep [...] Full text...
thread Economy
Egypt: Afreximbank closes historic US$750 million bond issue
23 may 2016 - 06:49:15Cairo, Egypt (PANA) - The African Export-Import Bank (Afreximbank) has closed a US$750 million bond after achieving an order book [...] Full text...
thread Economy
Germany: Majority of people will welcome refugees 'with open arms' - Rights group
19 may 2016 - 09:33:53Berlin, Germany (PANA) - Human rights watchdog, Amnesty International, says a global survey it commissioned shows that the vast majority [...] Full text...
thread Society
South Africa: Presidency moves to dispel rumours of Finance Minister's arrest
16 may 2016 - 13:02:09Cape Town, South Africa (PANA) – The South African Presidency on Monday moved to allay fears that Finance Minister Pravin [...] Full text...
thread Politics
Botswana:Moody's maintains Botswana's credit rating
25 april 2016 - 18:46:00Gaborone, 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
South Africa: Zuma vows to address economic instability
18 february 2016 - 15:49:39Cape Town, South Africa (PANA) – South African President Jacob Zuma on Thursday vowed that his government would implement the [...] Full text...
thread Economy
Switzerland: WHO says films showing smoking scenes should be rated
01 february 2016 - 06:24:04Geneva, Switzerland (PANA) - The UN World Health Organization (WHO) is calling on governments to rate movies that portray tobacco [...] Full text...
thread Health
Ethiopia: AU Commissioner warns of ‘silent financial crisis’ in Africa
27 january 2016 - 17:36:22Addis Ababa, Ethiopia (PANA) - A “silent financial crisis” is sweeping across Africa, ignited by sluggish prices of major exports [...] Full text...
thread Economy
South Africa: Rand plummets after Zuma axes Finance Minister
10 december 2015 - 05:18:16Cape Town, South Africa (PANA) – The South African currency, the rand, has tumbled to its lowest levels ever following [...] Full text...
thread Economy
Senegal: Nestlé lauded for tackling climate change
04 november 2015 - 09:04:29Dakar, Ghana (PANA) - Nestlé, the Swiss-based nutrition, health and wellness giant, has been acclaimed as a ‘world leader’ for [...] Full text...
thread Environment
Botswana: Botswana tops continent on 'rule of law' ratings
05 october 2015 - 12:59:46Gaborone, Botswana (PANA) - Botswana’s scored the highest mark on the rule of law on the 2015 Ibrahim Index on [...] Full text...
thread Society
Zambia: Finance Minister says spokesperson embarrassed his ministry
02 october 2015 - 14:38:51Lusaka, Zambia (PANA) – Zambia’s Finance Minister Alexander Chikwanda has told Parliament that his ministry was embarrassed by a statement [...] Full text...
thread Economy
Togo: WADB outlines five-year strategic plan
23 july 2015 - 20:17:42Lomé, Togo (PANA) – The West African Development Bank (WADB) on Thursday outlined a five-year strategic plan (2015-2019) which is [...] Full text...
thread
Egypt: Afreximbank's rating goes from 'negative to stable'
23 july 2015 - 09:21:51Cairo, Egypt (PANA) - The outlook on the Baa2 long-term issuer rating of the African Export-Import Bank (Afreximbank) has been [...] Full text...
thread Economy
Kenya: Kenya woos investors from Gulf region
13 march 2015 - 17:40:50Nairobi, Kenya (PANA) - Kenya's Foreign Affairs and International Trade Cabinet Secretary, Amina Mohamed, has urged investors in the Gulf [...] Full text...
thread
Nigeria: Politics, heightened war against Boko Haram reported in Nigeria
21 february 2015 - 11:55:44Lagos, Nigeria (PANA) - Since the Independent National Electoral Commission (INEC) postponed the 14, 28 February, 2015, general elections, citing [...] Full text...
thread Press Review
Nigeria: President Jonathan commissions 4 new Naval ships
19 february 2015 - 14:31:10Lagos, Nigeria (PANA) - Nigerian leader, Dr. Goodluck Jonathan, has said that premium had been placed on improved national security [...] Full text...
thread
Tanzania: IMF approves US$94.7 million disbursement to Côte d’Ivoire
06 december 2014 - 07:26:25Dar es Salaam, Tanzania (PANA) - The Executive Board of the International Monetary Fund (IMF) on Friday completed the sixth [...] Full text...
thread Economy
Nigeria: Rating firm predicts drop in Nigerian Banks’ profits
09 october 2014 - 11:03:38Lagos, Nigeria (PANA) - Nigerian Banks’ asset growth and earnings will fall in the next 18 months due to the [...] Full text...
thread Economy
Nigeria: 'Africa's largest economy not among continent's best governed'
01 october 2014 - 13:33:26Lagos, Nigeria (PANA) - Nigeria may be Africa's largest economy and its most populous, but it is not among the [...] Full text...
thread Politics
Tanzania: Cyberoam launches Sophos end point security for partners in Kenya, Tanzania
22 september 2014 - 16:22:42Dar es Salaam, Tanzania (PANA) - Leading network security vendor Cyberoam has announced the availability of award winning Sophos end-point [...] Full text...
thread Economy
Zambia: Zambia’s int'l credit rating rises
22 september 2014 - 14:10:59Lusaka, Zambia (PANA) - Fitch, one of the world’s top three rating agencies, has revised Zambia’s economic outlook from stable [...] Full text...
thread Economy
Kenya: Kenyan Central Bank leaves rate unchanged
08 july 2014 - 18:41:46Nairobi, Kenya (PANA) - The Central Bank of Kenya (CBK) has retained the Bank Rate at 8.5%, citing foreign exchange [...] Full text...
thread Economy
Cote d'Ivoire: Africa records mixed results in World Bank assessement
27 june 2014 - 14:57:19Abidjan, Côte d'Ivoire (PANA) - The Country Policy and Institutional Assessment (CPIA) of the World Bank, which measures yearly the [...] Full text...
thread Economy
2014 FIFA WC: Iran Vs Nigeria match watched by 17.5m viewers
18 june 2014 - 14:31:42Abuja, Nigeria (PANA) - The match between Iran and Nigeria in Group F of the ongoing 2014 FIFA World Cup [...] Full text...
thread Sports
South Africa: Zuma slammed for "lack-lustre" state-of-the-nation address
18 june 2014 - 08:46:20Cape Town, South Africa (PANA) - South Africa’s opposition political parties have criticised President Jacob Zuma over his “lack-lustre” state-of-the-nation [...] Full text...
thread Politics
South Africa: Ruling party reacts to drop in ratings
16 june 2014 - 09:57:57Cape Town, South Africa (PANA) - South Africa’s ruling African National Congress (ANC) Monday reacted to the decision by Fitch [...] Full text...
thread Economy
Zambia: UN climate talks end in Bonn
15 june 2014 - 16:48:28Lusaka, Zambia (PANA) – The two-week long UN climate change negotiations focusing on urbanization and land use as pathways to [...] Full text...
thread Environment
Kenya/Africa: Africa gets first daily TV ratings service
05 june 2014 - 09:50:43Nairobi, Kenya (PANA) - The first ever daily TV ratings service in Africa has been unveiled by GeoPoll, the world’s [...] Full text...
thread Society
Nigeria: President Jonathan rejects World Bank classification of Nigeria as poor
01 may 2014 - 18:25:29Abuja, Nigeria (PANA) – Nigerian President Goodluck Jonathan Thursday rejected a World Bank classification of Nigeria as among the five [...] Full text...
thread Economy
Zambia: Zambia on course to settle external debts
23 april 2014 - 16:44:00Lusaka, Zambia (PANA) – The Ministry of Finance says the Zambian government is on course with all external debt obligations, [...] Full text...
thread Economy
Nigeria: Credit rating firm extends services to Rwanda
03 april 2014 - 13:03:00Lagos, Nigeria (PANA) - Nigeria’s leading Credit rating agency, Agusto & Co Ltd., is to extend its services to [...] Full text...
thread Economy
Sao Tome and Principe: US to back Sao Tome on marine security
08 february 2014 - 13:24:43Sao Tomé, Sao Tome and Principe (PANA) – The US will back the Sao Tome and Principe government in its [...] Full text...
thread Society
South Africa: Gradual economic growth expected in 2014
31 december 2013 - 11:38:17Cape Town, South Africa (PANA) - South Africa's economy is expected to grow gradually next year, following an uneasy 2013. [...] Full text...
thread Economy
Despite high above-ground risks, oil explorers keen to tap into Africa’s new fields
04 october 2013 - 12:09:29Dar es Salaam, Tanzania (PANA) - As oil production from the established sub-Saharan producers increases, areas less known for their [...] Full text...
thread Economy
Jonathan ressures Nigerian workers of enhanced welfare
01 may 2013 - 19:53:46Abuja, Nigeria (PANA) - Nigerian President Goodluck Jonathan has said that his administration will leave no stone unturned towards the [...] Full text...
thread Economy
SA President Zuma under fire over CAR bloodbath
28 march 2013 - 12:42:35Cape Town, South Africa (PANA) - There are growing calls for South Africa's President Jacob Zuma to explain why South [...] Full text...
thread Politics
Clinton's advice, Jonathan's 2015 ambition, Pope's last moments highlighted in Nigeria
02 march 2013 - 09:39:03Lagos, Nigeria (PANA) - Former US President Bill Clinton's advice on mounting challenges, President Jonathan's 2015 political ambition, nation-wide vaccination [...] Full text...
thread Press Review
Major African mining conference kicks off in SA
04 february 2013 - 10:43:29Cape Town, South Africa (PANA) - South Africa’s battered multi-billion-dollar mining industry will be in the global eye with the [...] Full text...
thread
Kenyan PM consolidates opinion poll lead after merger with rival
14 december 2012 - 19:27:17Nairobi, Kenya (PANA) - Kenyan Prime Minister Raila Odinga's chances of winning the March 2013 Presidential election have been boosted [...] Full text...
thread Politics
Jonathan's media chat, EFCC's frustration, nation's low rating highlighted in Nigeria
24 november 2012 - 08:47:36Lagos, Nigeria (PANA) - President Goodluck Jonathan's media chat comments and the attendant criticisms, his 2015 political ambition, inability of [...] Full text...
thread Press Review
SA opposition move to axe Zuma
09 november 2012 - 10:01:17Cape Town, South Africa (PANA) - For the first time since the advent of democracy in South Africa, eight opposition [...] Full text...
thread Politics
Abducted foreign oil workers ''freed'' in Nigeria
23 august 2012 - 13:12:28Abuja, Nigeria (PANA) - The four expatriate contract workers who were kidnapped when suspected sea pirates attacked an oil platform [...] Full text...
thread Society
WB study shows global trade logistics performance slows down amid recession
16 may 2012 - 08:17:46Dar es Salaam, Tanzania (PANA) - Progress in trade logistics performance slowed down over the last two years amid the [...] Full text...
thread Economy
Nigerian telecoms regulator ranks Airtel 'Best in Quality of Service'
11 may 2012 - 09:35:24Lagos, Nigeria (PANA) - Leading telecommunications services orovider, Airtel Nigeria has been ranked the best operator for good quality of [...] Full text...
thread Economy
Libya’s international telecoms investor in court battle for assets in Zambia
23 april 2012 - 14:07:21Dar es Salaam, Tanzania (PANA) - LAP GreenN, the Libyan Investment Authority’s international telecommunications arm and a major foreign investor [...] Full text...
thread Economy
Jonathan commissions BOI's office complexes in Abuja, Lagos
22 december 2011 - 17:29:58Lagos, Nigeria (PANA) - Nigeria's president Goodluck Jonathan on Thursday pledged his administration's support to the Bank of Industry (BOI) [...] Full text...
thread Economy
Mubarak trial bad for Africa's image, says Obasanjo (Corrected)
04 august 2011 - 14:59:24Nairobi, Kenya (PANA) - Former Nigerian President Olusegun Obasanjo, Thursday called for dignified treatment of former Egyptian President Hosni Mubarak, [...] Full text...
thread Society
Mubarak trial bad for Africa's image, says Obasanjo
04 august 2011 - 14:38:05Nairobi, Kenya (PANA) - Former Nigerian President Olusegun Obasanjo, Thursday called for dignified treatment of former Egyptian President Hosni Mubak, [...] Full text...
thread Society
Nigerian debt management boss optimistic of euro bond
02 november 2010 - 18:57:00Lagos- Nigeria (PANA) -- The Director-General of Nigeria Debt Management Office ( DMO), Dr. Abraham Nwankwo, Tuesday expressed optimism [...] Full text...
thread Economy
Nigerian president signs assets bill into law
19 july 2010 - 23:44:00Lagos- Nigeria (PANA) -- The Nigerian President, Dr. Goodluck Jonathan on Monday signed the Assets Management Corporation of Nigeria [...] Full text...
thread Economy
WC 2010: Forlan (Golden Ball), Muller (Golden Boot) strike gold
12 july 2010 - 07:11:00Johannesburg- South Africa (PANA) -- On the day of the Final, the FIFA World Cup Trophy outshines everything and everyone [...] Full text...
thread Sports
WC 2010: FIFA explains Castrol Index ratings for players
07 july 2010 - 07:39:00Johannesburg- South Africa (PANA) -- The Castrol Index, an innovative system which uses the latest technology to objectively analyse and [...] Full text...
thread Sports
BCL unveils plan to promote banking in Libya
05 april 2010 - 20:14:00Tripoli- Libya (PANA) -- The Libyan banking sector has experienced a surge, in pe rformance and yield, through the development [...] Full text...
thread Economy
US trains Nigerian sailors
26 march 2010 - 07:36:00Abuja- Nigeria (PANA) -- The US Navy is currently training 21 Nigerian Navy officers and ratings as well as 15 [...] Full text...
thread Society
SADC still haunted by power shortages
22 january 2010 - 14:13:00Windhoek- Namibia (PANA) -- A global ratings agency, Fitch Ratings, has said the southern African region faces the spectre of [...] Full text...
thread Economy
Nigeria opposition tasks citizens on elections, bad governance
03 january 2010 - 13:13:00Lagos- Nigeria (PANA) -- Nigeria's main opposition Action Congress (AC) Sunday ch allenged Nigerians to ''take their destiny in their [...] Full text...
thread Politics
Christmas messages fill Ghana newspapers
02 january 2010 - 10:05:00Accra- Ghana (PANA) -- Stories from Christmas messages, prayers and merry making to usher in the New Year filled Ghanaian [...] Full text...
thread Press Review
Most African nations are corrupt - Transparency International
18 november 2009 - 09:44:00Lagos- Nigeria (PANA) -- Most African nations are corrupt, scoring less than 3. 0 out of a possible mark of [...] Full text...
thread Politics
Huge panic withdrawals hit Nigerian banks
06 july 2009 - 20:09:00Lagos- Nigeria (PANA) -- Depositors have started panic withdrawals of their funds from Nigerian banks, said to be shaky and [...] Full text...
thread Economy
Obama tops poll on global leaders
30 june 2009 - 07:43:00New York- US (PANA) -- US President Barack Obama has the confidence of many peopl e around the world, inspiring [...] Full text...
thread Politics
MEND threatens to turn Niger Delta to 'theatre of war'
15 april 2009 - 17:00:00Lagos- Nigeria (PANA) -- The Movement for the Emancipation of the Niger Delta (MEND) has threatened to turn Nigeria's oil [...] Full text...
thread Society
3 Nigerian banks named among world's biggest
15 april 2009 - 09:02:00Lagos- Nigeria (PANA) -- Three Nigerian banks – First Bank of Nigeria Plc, United Bank for Africa (UBA) Plc and [...] Full text...
thread Economy
Nigerian Navy 'recovers captured gunboat'
14 april 2009 - 14:32:00Abuja- Nigeria (PANA) -- The Nigerian Navy (NN) said it had retrieved the gunboat captured by militant youths during a [...] Full text...
thread Society
Nigerian Navy to commission new warships, choppers
31 march 2009 - 08:36:00Abuja- Nigeria (PANA) -- The Nigerian Navy (NN) has announced plans to commission the two new warships and three new [...] Full text...
thread Society
'Africa's financial consolidation, weapon against global financial turmoil'
02 january 2009 - 16:54:00Addis Ababa- Ethiopia (PANA) -- African finance ministers are due here for a brai nstorming meeting at which they are [...] Full text...
thread Economy