29 april 2024 - 18:48:51
Kinshasa, DR Congo (PANA) - From electric vehicles to solar panels to future innovations, the global transition to clean energy [...] Full text...
27 april 2024 - 13:46:15
Lilongwe, Malawi (PANA) - The World Bank is providing immediate support for millions of Malawians severely affected by the ongoing [...] Full text...
25 april 2024 - 16:33:21
Addis-Ababa, Ethiopia (PANA) - UN Deputy Secretary-General Amina Mohammed has called for increased capital flows to developing countries at the [...] Full text...
23 april 2024 - 10:04:28
Freetown, Sierra Leone (PANA) – Despite tightened macroeconomic policies in 2023 and into the first quarter of 2024, Sierra Leone [...] Full text...
21 april 2024 - 11:33:36
Bangui, Central African Republic (PANA) – The authorities in Central African Republic (CAR) and the International Monetary (IMF) staff have [...] Full text...
20 april 2024 - 10:49:24
Dar es Salaam, Tanzania (PANA) - After four turbulent years, the outlook for sub-Saharan Africa is gradually improving, according to [...] Full text...
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...
17 april 2024 - 17:37:06
Washington DC, United States (PANA} - The global economic and financial outlook has improved in the last six months.
Inflation has [...] Full text...
16 april 2024 - 19:43:48
Washington DC, USA (PANA) - Despite gloomy predictions, the global economy remains remarkably resilient, with steady growth and inflation slowing [...] Full text...
15 april 2024 - 17:24:02
Washington, DC. USA (PANA) -- Lacklustre growth, rising indebtedness and heightened uncertainty due to the conflict in the Middle East [...] Full text...
15 april 2024 - 13:07:34
Abuja, Nigeria (PANA) - The President of the ECOWAS Commission, Omar Alieu Touray, has deployed a fact-finding mission to Togo [...] Full text...
14 april 2024 - 10:42:32
Dar es Salaam, Tanzania (PANA) - Economic activity is set to rebound in Sub-Saharan Africa, supported by increased private consumption [...] Full text...
14 april 2024 - 10:35:44
EMBARGOED: NOT FOR PUBLICATION, BROADCAST, OR TRANSMISSION UNTIL MONDAY, April 15, 2024, at 10:00 AM UTC.
Washington DC, USA (PANA) - [...] Full text...
13 april 2024 - 13:32:36
Accra, Ghana (PANA) - Ghanaian authorities and officials of the International Monetary Fund (IMF) have reached staff-level agreement on economic [...] Full text...
10 april 2024 - 15:12:53
Washington DC, USA (PANA) - The world economy faces a sobering reality. The global growth rate - stripped of cyclical [...] Full text...
10 april 2024 - 09:46:30
Washington, D.C., United States (PANA) - The Executive Board of the International Monetary Fund (IMF) has concluded the third quinquennial [...] Full text...
10 april 2024 - 08:16:04
Washington, D.C., USA (PANA) - The World Bank Group (WBG) is developing a new corporate scorecard that will track results [...] Full text...
10 april 2024 - 05:36:25
New York, US (PANA) - Financing for sustainable development is at a crossroads and without urgent investment, global efforts to achieve [...] Full text...
09 april 2024 - 15:42:15
Washington DC, United States (PANA) - The global economy is increasingly influenced by the Group of Twenty’s large emerging markets.
Over [...] Full text...
09 april 2024 - 08:02:47
Abidjan, Côte d’Ivoire (PANA) - An International Monetary Fund (IMF) staff team and the authorities in Côte d’Ivoire have reached [...] Full text...
03 april 2024 - 18:03:02
Accra, Ghana (PANA) - Kenya and Ghana have signed seven agreements aimed at enhancing bilateral relations between their two countries.
President [...] Full text...
02 april 2024 - 15:28:55
Washington, United States (PANA) - If efforts to address record global public debt are to leave no stone unturned, then [...] Full text...
30 march 2024 - 10:06:59
Cairo, Egypt (PANA) - The Executive Board of the International Monetary Fund (IMF) on Friday completed the first and second [...] Full text...
30 march 2024 - 09:31:53
Algiers, Algeria (PANA) - Algeria’s economy is estimated to have grown by 4.2 per cent in 2023, a robust performance [...] Full text...
29 march 2024 - 13:14:00
Washington, United States (PANA) - Higher long-term real interest rates, lower growth, and higher debt will put pressure on medium-term [...] Full text...
21 march 2024 - 10:18:08
Luanda, Angola (PANA) - Implementation of economic reforms in the areas of fiscal management, revenue mobilisation, financial stability, and central [...] Full text...
20 march 2024 - 11:09:46
Dakar, Senegal (PANA) - The West African Economic and Monetary Union (WAEMU) has proved resilient amid significant adverse shocks, maintaining [...] Full text...
20 march 2024 - 07:50:15
Washington DC, USA (PANA) - Dependence on credit to boost demand imperils the world economy—we must correct the underlying imbalances
Nature [...] Full text...
19 march 2024 - 06:13:25
Cairo, Egypt (PANA) - The World Bank Group (WBG) is committed to its long-term strategic partnership with Egypt and supports [...] Full text...
16 march 2024 - 07:50:19
Abidjan, Côte d’Ivoire (PANA) - The International Monetary Fund (IMF) has approved a 30-month Resilience and Sustainability Facility (RSF) arrangement [...] Full text...
13 march 2024 - 06:55:05
New York, US (PANA) - A top European Union (EU) official on Tuesday emphasised the crucial role of the United [...] Full text...
12 march 2024 - 18:19:13
Tripoli, Libya (PANA) - To mark the holy month of Ramadan, the ambassadors of the European Union (EU) and EU [...] Full text...
12 march 2024 - 16:58:47
Bissau, Guinea Bissau (PANA) – Authorities in Guinea Bissau face important near-term risks, including policy implementation challenges stemming from a [...] Full text...
12 march 2024 - 16:56:03
Dar es Salaam, Tanzania (PANA) - Tanzania has made important strides in reducing infant and child mortality, but the authorities [...] Full text...
11 march 2024 - 13:01:09
Freetown, Sierra Leone (PANA) --In Sierra Leone, women and girls experience a lifecycle of Gender Based Violence (GBV). From childhood [...] Full text...
09 march 2024 - 08:00:52
Mogadishu, Somalia (PANA) - Somalia’s economic growth is expected to strengthen in 2024 supported by continued recovery in agriculture, remittances, [...] Full text...
08 march 2024 - 18:11:15
Abuja, Nigeria (PANA) - Nigeria’s Minister of State for Defence, Dr. Bello Matawalle, has directed the Defence Intelligence Agency (DIA) [...] Full text...
08 march 2024 - 08:45:57
Ouagadougou, Burkina Faso (PANA) - International Monetary Fund (IMF) staff and Burkinabè authorities have reached staff-level agreement on economic policies [...] Full text...
07 march 2024 - 07:20:36
Kampala, Uganda (PANA) - The Executive Board of the International Monetary Fund (IMF) on Wednesday completed the fifth review of [...] Full text...
07 march 2024 - 06:20:55
Cairo, Egypt (PANA) - International Monetary Fund (IMF) staff and the Egyptian authorities have reached staff level agreement on a [...] Full text...
06 march 2024 - 11:42:57
Washington, United States (PANA) - John Maynard Keynes, memorialising the death of his mentor Alfred Marshall a century ago, wrote [...] Full text...
04 march 2024 - 11:54:55
ATTN EDS: EMBARGOED: NOT FOR PUBLICATION UNTIL MONDAY, 4 MARCH, 2024, AT 15 GMT.
Washington, DC, USA (PANA) - The global [...] Full text...
02 march 2024 - 10:50:09
Lomé, Togo (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a 42-month arrangement of US$390 [...] Full text...
01 march 2024 - 18:59:17
Mogadishu, Somalia (PANA) - The World Bank’s Board of Executive Directors has announced a new five-year Country Partnership Framework (CPF) [...] Full text...
01 march 2024 - 12:30:50
Addis Ababa, Ethiopia (PANA) - Ethiopian state entities are exploring the introduction of key reforms within the economy, to increase [...] Full text...
29 february 2024 - 18:59:59
Abuja, Nigeria (PANA) - Over the past 20 years, considerable progress has been made in electrifying the world, with the [...] Full text...
29 february 2024 - 13:05:30
Addis Ababa, Ethiopia (PANA) - A new World Bank report finds that annual average losses to gross domestic product (GDP) [...] Full text...
29 february 2024 - 07:03:59
Washington, USA (PANA) - The World Bank Group on Wednesday announced a major overhaul to its guarantee business that will [...] Full text...
27 february 2024 - 08:28:56
Antananarivo, Madagascar (PANA) - Malagasy women and girls face multiple disadvantages that affect their ability to accumulate human capital in [...] Full text...
27 february 2024 - 07:59:36
Lilongwe, Malawi (PANA) – Malawi’s medium-term growth outlook is improving because of bold reforms undertaken by the government in 2023 [...] Full text...
26 february 2024 - 18:39:04
Dubai, Abu Dhabi (PANA) - The 13th Ministerial Conference (MC13) of the World Trade Organization (WTC) has formally approved the [...] Full text...
26 february 2024 - 17:10:06
Washington DC, USA (PANA) - It’s fitting that G20 finance ministers and central bank governors will meet this week at [...] Full text...
25 february 2024 - 16:20:23
Brussels, Belgium (PANA) – Stability and predictability of a rules-based trading system are needed more than ever to act as [...] Full text...
25 february 2024 - 09:52:12
Brussels, Belgium (PANA) - As Russia’s war of aggression against Ukraine continues, leaders of the Group of Seven (G7) have [...] Full text...
22 february 2024 - 14:23:16
Geneva, Switzerland (PANA) - The World Economic Forum will convene 300 ministers, business leaders, trade leaders and experts, as well [...] Full text...
22 february 2024 - 12:03:01
Lomé, Togo (PANA) - It’s important to celebrate – there are reasons to celebrate. We should take this positive energy [...] Full text...
22 february 2024 - 10:57:32
Rabat, Morocco (PANA) – Morocco’s output growth is projected to reach 3.5 percent over the medium term boosted by investment [...] Full text...
20 february 2024 - 13:16:20
Tripoli, Libya (PANA) - The Libyan Minister of Education and Chairman of the National Committee for Education, Culture and Science, [...] Full text...
17 february 2024 - 12:54:26
Abidjan, Côte d’Ivoire (PANA) - The Ivorian authorities and IMF staff reached a staff level agreement on a reform programme [...] Full text...
16 february 2024 - 20:47:40
Addis Ababa, Ethiopia (PANA) - Africa will account for eleven of the world’s 20 fastest-growing economies in 2024, the African [...] Full text...
16 february 2024 - 11:14:16
Libreville, Gabon (PANA) – Gabon’s economy has recovered from multiple shocks emanating from the global and domestic economy, with growth [...] Full text...
15 february 2024 - 14:46:02
Tripoli, Libya (PANA) - The Libyan Minister of Labour and Rehabilitation in the Government of National Unity, Ali al-Abed al-Rida, [...] Full text...
15 february 2024 - 11:45:36
Cairo, Egypt (PANA) - Despite economic hardships and the Israel-Hamas conflict, Egypt hosted 14.9 million tourists in 2023, exceeding its [...] Full text...
15 february 2024 - 08:04:51
Harare, Zimbabwe (PANA) - Economic activity in Zimbabwe continues to show resilience in the face of currency instability and high [...] Full text...
10 february 2024 - 08:06:02
Lilongwe, Malawi (PANA) - Adherence to the authorities' macroeconomic adjustment and reform programme will help Malawi overcome current and future [...] Full text...
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...
09 february 2024 - 05:30:53
New York, US (PANA) - UN Secretary-General António Guterres on Thursday expressed deep concerns over the situation in Gaza, reiterating [...] Full text...
06 february 2024 - 19:35:51
Nairobi, Kenya (PANA) - The African Development Bank will increase economic efficiency in the transport, energy and agriculture sectors in [...] Full text...
06 february 2024 - 11:37:37
Cape Town, South Africa (PANA) – Delegates at the 30th African Mining Indaba, which is underway in Cape Town, are [...] Full text...
05 february 2024 - 16:08:59
Cape Town, South Africa (PANA) - Gender discrimination, enshrined in mining laws, and disregard for health, safety, and social protection [...] Full text...
03 february 2024 - 10:47:45
Lilongwe, Malawi (PANA) - Adherence to the authorities' macroeconomic adjustment and reform program would help Malawi overcome current and future [...] Full text...
30 january 2024 - 19:17:37
Cotonou, Benin (PANA) - Like many of its neighbours, Benin is experiencing growing threats of conflict.
The country’s proximity to Burkina [...] Full text...
30 january 2024 - 16:54:52
Washington, United States (PANA) - The clouds are beginning to part. The global economy begins the final descent toward a [...] Full text...
30 january 2024 - 08:02:34
Yaoundé, Cameroon (PANA) - Cameroon, highly vulnerable to climate change, with risks from recurrent droughts, floods, landslides, and coastal erosion, [...] Full text...
27 january 2024 - 08:11:11
Lilongwe, Malawi (PANA) - Malawi’s economic position remains challenging, but stabilization efforts continue to get traction, according to an International [...] Full text...
26 january 2024 - 10:24:57
Djibouti City, Djibouti (PANA) – Djibouti recorded a strong rebound in economic activity in 2023 but regional geopolitical developments pose [...] Full text...
25 january 2024 - 07:47:11
Washington, United States (PANA) - As 2024 starts, the good news is that there haven’t been any notable requests by [...] Full text...
24 january 2024 - 08:02:35
Lilongwe, Malawi (PANA) - As the global community celebrates International Day of Education on 24 January, the African Union's Year [...] Full text...
24 january 2024 - 07:37:54
Washington, United States (PANA) - The World Bank on Tuesday approved a $300 million Development Policy Operation for Ghana.
The First [...] Full text...
23 january 2024 - 10:20:12
Bujumbura, Burundi (PANA) – A stronger economic recovery is projected in Burundi for 2024, with real GDP expanding by 4.3 [...] Full text...
21 january 2024 - 19:20:08
Kampala, Uganda (PANA) - Developing countries must lead efforts to reform outdated international institutions and frameworks, UN Secretary-General António Guterres [...] Full text...
20 january 2024 - 18:37:34
Kampala, Uganda (PANA) - UN Secretary-General António Guterres repeated his call for a humanitarian ceasefire in Gaza and the unconditional [...] Full text...
19 january 2024 - 19:53:26
Washington, DC, US (PANA) - The International Monetary Fund (IMF) has approved the second tranche of US$600 million for Ghana, [...] Full text...
17 january 2024 - 13:45:42
Davos, Switzerland (PANA) - Many of the world’s ills are the result of a disconnect between “the rich, the big and [...] Full text...
16 january 2024 - 17:20:16
Davos-Klosters, Switzerland (PANA) – From India to Morocco, the United States to Ecuador, the 16 organizations awarded by the Schwab [...] Full text...
16 january 2024 - 05:34:53
New York, US (PANA) - Globally in 2024, children are likely to see increased exposure to violence and war, and [...] Full text...
15 january 2024 - 21:26:07
Nairobi, Kenya (PANA) - The 59th Annual Meeting of the Board of Governors of the African Development Bank (AfDB) and [...] Full text...
15 january 2024 - 11:01:14
Banjul, Gambia (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a 36-month arrangement under the [...] Full text...
09 january 2024 - 07:38:01
Maputo, Mozambique (PANA) - The Executive Board of the International Monetary Fund (IMF) has allowed Mozambique immediate access to US$60.7 [...] Full text...
01 january 2024 - 13:22:56
Bamako, Mali (PANA) - Mali's junta leader Colonel Assimi Goita is still yet to announce new dates for presidential elections [...] Full text...
29 december 2023 - 18:01:24
Banjul, Gambia (PANA) - The Government of The Gambia, through the Ministry of Finance and Economic Affairs, has secured substantial [...] Full text...
29 december 2023 - 05:38:06
Addis Ababa, Ethiopia (PANA) - The UN human rights office on Thursday urged the Ethiopian Government to ensure that ongoing [...] Full text...
21 december 2023 - 07:41:35
Brussels, Belgium (PANA) - Reforms agreed by the EU on the Pact on Migration and Asylum will set European asylum [...] Full text...
20 december 2023 - 08:56:19
Rabat, Morocco (PANA) - The World Bank’s Board of Directors has approved a new US$500 million loan aimed at improving [...] Full text...
20 december 2023 - 08:20:39
Nouakchott, Mauritania (PANA) - The International Monetary Fund (IMF) Executive Board has announced completion of the first reviews under the [...] Full text...
20 december 2023 - 08:06:51
Mogadishu, Somalia (PANA) – The International Monetary Fund (IMF} Board on Tuesday approved a new 36-month Extended Credit Facility (ECF) [...] Full text...
19 december 2023 - 15:07:41
Cotonou, Benin (PANA) - The budget for 2024 for the Ministry of Small and Medium-sized Enterprises and Employment Promotion has [...] Full text...
19 december 2023 - 14:44:54
Dar es Salaam, Tanzania (PANA) - Over the past two decades, Tanzania has exhibited robust economic growth, surpassing many developing [...] Full text...
19 december 2023 - 11:52:48
Cotonou, Benin (PANA) - The European Commission has announced the mobilisation of 170 million euros, around CFAF 111.5 billion, under [...] Full text...
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...
16 december 2023 - 11:04:19
Moroni, Comoro (PANA) – The International Monetary Fund (IMF) Executive Board has welcomed the focus on structural reforms to strengthen [...] Full text...
16 december 2023 - 08:48:21
Brazzaville, Congo (PANA) - The World Bank on Saturday announced approval of a Development Policy Financing (DPF) operation of $80 [...] Full text...
15 december 2023 - 11:40:49
Kinshasa, DR Congo (PANA) - While economic growth of the Democratic Republic of Congo (DRC) remains resilient, fiscal, depreciation and [...] Full text...
15 december 2023 - 10:42:09
Kigali, Rwanda (PANA) - Despite the challenging environment, including the floods in May 2023, Rwandan authorities are to be commended [...] Full text...
15 december 2023 - 09:23:14
Algiers, Algeria (PANA) - Algeria’s economic growth is projected to reach 4.2 percent in 2023, supported by robust activity in [...] Full text...
14 december 2023 - 14:27:00
Washington, United States (PANA) - Digital trade, from software sales to streaming movies, plays a bigger role than ever in [...] Full text...
14 december 2023 - 07:39:33
Dar es Salaam, Tanzania (PANA) – Tanzania has secured US$ 150.5 million budget support from the International Monetary Fund (IMF) [...] Full text...
14 december 2023 - 06:24:27
Washington DC, USA (PANA) - The Executive Boards of the International Monetary Fund (IMF) and the World Bank’s International Development [...] Full text...
13 december 2023 - 16:12:07
Abuja, Nigeria (PANA) - The Government of Nigeria avoided a fiscal cliff by implementing bold reforms, including ending the gasoline [...] Full text...
13 december 2023 - 09:21:19
Harare, Zimbabwe (PANA) - Zimbabwe’s economic growth is projected to slow to 3.5 percent in 2024, a decrease from 4.5 [...] Full text...
13 december 2023 - 08:19:26
Nairobi, Kenya (PANA) - The World Bank has approved the Kenya Jobs and Economic Transformation Project (KJET) to benefit at [...] Full text...
13 december 2023 - 07:34:20
Nairobi, Kenya (PANA) — Kenya’s 485 ministries, departments, and agencies, as well as 240,000 registered firms, and 18 million citizens [...] Full text...
12 december 2023 - 12:04:38
Praia, Cape Verde (PANA) – The World Bank Board has approved a US$25 million Development Policy Financing (DPF) loan for [...] Full text...
12 december 2023 - 11:42:02
Praia, Cape Verde (PANA) - Cape Verde’s economic outlook is uncertain and subject to downside risks which could emanate from [...] Full text...
12 december 2023 - 05:53:57
New York, US (PANA) - With just nine days to go for the presidential elections in the Democratic Republic of [...] Full text...
12 december 2023 - 05:40:00
Atlanta, US (PANA) - Corruption not only robs resources, it robs people of hope, Secretary-General António Guterres said on Monday, as nations [...] Full text...
11 december 2023 - 17:48:37
Abuja, Nigeria (PANA) - Leaders of the Economic Community of West African States (ECOWAS) have resolved to set up a [...] Full text...
10 december 2023 - 20:20:40
Abuja, Nigeria (PANA) – ECOWAS leaders ended their 64th ordinary session of the Authority of Heads of State and Government [...] Full text...
10 december 2023 - 17:23:18
Doha, Qatar (PANA) - UN Secretary-General Antonio Guterres said on Sunday that with ‘forces of fragmentation’ gaining ground now is [...] Full text...
09 december 2023 - 09:13:25
Abidjan, Côte d’Ivoire (PANA) - The World Bank has announced a significant operation of $300 million for Côte d’Ivoire to [...] Full text...
07 december 2023 - 14:39:26
Gaborone, Botswana (PANA) - Botswana has reduced the monetary policy rate (MoPR) by 25 basis points from 2.65 to 2.4 [...] Full text...
05 december 2023 - 15:28:27
Dodoma, Tanzania (PANA) - It is a shocking fact that around 70 per cent of 10-year-olds in low- and middle-income [...] Full text...
05 december 2023 - 09:21:14
Abidjan, Côte d’Ivoire (PANA) - Côte d’Ivoire’s economic performance under the International Monetary Fund (IMF) supported programme has been strong, [...] Full text...
03 december 2023 - 12:46:40
Dubai, UAE (PANA) - Rwanda Climate Finance Partnership is powering innovative climate action thanks to additional contributions from the Government [...] Full text...
02 december 2023 - 13:50:29
Maputo, Mozambique (PANA) - Climate change impacts could drive up to 1.6 million additional people into poverty by 2050, further [...] Full text...
02 december 2023 - 06:37:48
Washington, DC, US (PANA) - The United States has said the electoral process in Madagascar's 16 November presidential election that [...] Full text...
01 december 2023 - 19:39:15
Cairo, Egypt (PANA) - The conflict in Gaza and Israel is causing immense human suffering. In addition to the direct [...] Full text...
01 december 2023 - 07:00:09
Washington, DC, United States (PANA) - Full disclosure: This issue of Finance & Development was produced entirely with human intelligence. [...] Full text...
30 november 2023 - 14:23:42
Tunis, Tunisia (PANA) - Water scarcity, coastal erosion and more frequent flooding are among Tunisia’s most pressing climate challenges, says [...] Full text...
30 november 2023 - 14:12:22
Mogadishu, Somalia (PANA) - Recurrent shocks, including a prolonged 2020/23 drought, disrupted Somalia's growth, devastating crops, livestock, and exports.
Many fled [...] Full text...
30 november 2023 - 09:31:31
Bissau, Guinea Bissau (PANA) – The International Monetary Fund (IMF) Executive Board has decided on an immediate disbursement of US$8.23 [...] Full text...
28 november 2023 - 08:36:04
Washington DC, United States (PANA) - With each passing year, the stark reality of a hotter planet becomes clearer and [...] Full text...
28 november 2023 - 06:27:23
London, UK (PANA) - Leaders at the COP28 climate summit in the United Arab Emirates (UAE) must place human rights [...] Full text...
24 november 2023 - 18:17:43
Addis-Ababa, Ethiopia (PANA) - The North Africa section of the Network of Excellence on Land Governance in Africa (NELGA) plans [...] Full text...
24 november 2023 - 12:39:30
Expo City, Dubai (PANA) - It's a hot, scorching day. The earth beneath your feet is parched, and your once-green [...] Full text...
22 november 2023 - 16:05:37
Washington DC, United States (PANA) - The World Bank and the Global Fund to Fight AIDS, Tuberculosis, and Malaria (the [...] Full text...
22 november 2023 - 12:38:14
Pretoria, South Africa (PANA) - The impact of crime on South Africa’s economic prospects is high and broad-based, according to [...] Full text...
22 november 2023 - 12:29:26
Banjul, Gambia (PANA) - Gambia and the European Union have signed a 40-million Euro financing agreement for the implementation of [...] Full text...
21 november 2023 - 13:44:04
Banjul, to helpGambia (PANA)- The World Bank board has approved $60 million in financing from the International Development Association (IDA) [...] Full text...
21 november 2023 - 13:04:55
Freetown, Sierra Leone (PANA) - Sierra Leone has secured US$20.7 million under the Extended Credit Facility (ECF) of the International [...] Full text...
21 november 2023 - 10:18:19
Lusaka, Zambia (PANA) - Zambian authorities and the International Monetary Fund (IMF) team have reached a staff-level agreement on economic [...] Full text...
21 november 2023 - 09:33:36
Tripoli, Libya (PANA) – An International Monetary Fund (IMF) mission visiting Libya has expressed the Fund’s deepest condolences to the [...] Full text...
20 november 2023 - 06:44:46
Cotonou, Benin (PANA) - A new faecal sludge treatment plant in Sèmè-Kpodji, Benin, became operational in May 2023 and is [...] Full text...
18 november 2023 - 06:34:06
Washington, DC, US (PANA) - The US has expressed concern about ongoing violence in Amhara, Oromia and elsewhere in Ethiopia.
A statement [...] Full text...
17 november 2023 - 12:34:12
Tripoli, Libya (PANA) - The preliminary meetings of the Article 4 consultations between Libya and the International Monetary Fund (IMF), [...] Full text...
17 november 2023 - 08:58:48
Ouagadougou, Burkina Faso (PANA) - Countries in the Sahel comprising Burkina Faso, Chad, Mali, Mauritania, and Niger, along with neighbouring [...] Full text...
17 november 2023 - 08:57:24
Nairobi, Kenya (PANA) - Kenyan authorities and the International Monetary Fund (IMF) staff have reached staff-level agreement on economic policies [...] Full text...
17 november 2023 - 06:55:22
Geneva, Switzerland (PANA) - In drought and conflict-affected Ethiopia, the UN World Food Programme (WFP) said on Thursday it was [...] Full text...
16 november 2023 - 17:48:26
Bangui, Central African Republic (PANA) - Reviving agriculture is critical to fostering economic growth and tackling widespread extreme poverty in [...] Full text...
15 november 2023 - 11:54:59
Abidjan, Côte d’Ivoire (PANA) - Sub-Saharan Africa has been making remarkable strides towards achieving legal gender equality. Between October 2021 [...] Full text...
15 november 2023 - 07:44:15
Washington, DC, US (PANA) - The United States Agency for International Development (USAID) said on Tuesday that it would resume [...] Full text...
14 november 2023 - 09:43:54
N'djamena, Chad (PANA) - Chad faces complex and often interlinked challenges that have contributed to its economic fragility while slowing [...] Full text...
14 november 2023 - 09:35:11
N'djamena, Chad (PANA) - Chad's economy is facing multiple, and often interrelated challenges that have slowed down its growth, according [...] Full text...
11 november 2023 - 08:11:15
Washington DC, United States (PANA) - China has forged deep economic ties with countries in sub-Saharan Africa over the past [...] Full text...
09 november 2023 - 16:57:28
Bujumbura, Burundi (PANA) - Burundi has received a grant of US$50 million from the World Bank (WB) for a Digital [...] Full text...
09 november 2023 - 07:24:35
Brussels, Belgium (PANA) - Europe’s economic recovery is getting a much-needed boost from rising wages and higher incomes. But in [...] Full text...
07 november 2023 - 20:15:45
Washington, DC, United States (PANA) - Most Group of Twenty economies are likely to keep monetary policy appropriately tight to [...] Full text...
07 november 2023 - 14:31:25
Rabat, Morocco (PANA) - Morocco has taken the initiative of creating an institutional framework bringing together the 23 Atlantic African [...] Full text...
07 november 2023 - 10:46:02
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank's Country Strategy Paper (CSP 2023-2028) for Congo will focus on four [...] Full text...
07 november 2023 - 08:25:42
Freetown, Sierra Leone (PANA) - External shocks and policy slippages in recent years contributed to Sierra Leone’s macroeconomic imbalances, including [...] Full text...
06 november 2023 - 17:31:32
Tunis, Tunisia (PANA) - Tunisia’s economic recovery slowed in the first half of 2023 as the country continued to grapple [...] Full text...
04 november 2023 - 07:49:45
Brazzaville, Republic of Congo (PANA) - An International Monetary Fund (IMF) team has welcomed the Congo Republic authorities’ renewed commitment [...] Full text...
04 november 2023 - 07:40:40
Dar es Salaam, Tanzania (PANA) - Tanzanian authorities and International Monetary Fund (IMF) staff have reached a staff-level agreement on [...] Full text...
03 november 2023 - 06:48:46
Praia, Cape Verde (PANA) – Despite a challenging global environment, Cape Verde’s economy rebounded strongly in 2021 and 2022, and [...] Full text...
02 november 2023 - 13:58:16
Moroni, Comoro (PANA) – The Comoros’ expected growth in 2023 reflects an ongoing rebound in economic activity, says the International [...] Full text...
02 november 2023 - 12:51:25
Mogadishu, Somalia (PANA) - An International Monetary Fund (IMF) team and the Somali authorities have reached a staff-level agreement on [...] Full text...
02 november 2023 - 12:23:34
Bangui, Central African Republic (PANA) - Central African Republic (CAR)’s economy is projected to grow by 1.0 percent in 2023, [...] Full text...
02 november 2023 - 11:40:21
Maputo, Mozambique (PANA) - Mozambique’s economic growth overall remains resilient and is projected at 6 percent in 2023, with headline [...] Full text...
02 november 2023 - 07:17:40
Banjul, Gambia (PANA) – The Gambian authorities and the International Monetary Fund (IMF) staff have reached a staff-level agreement on [...] Full text...
01 november 2023 - 07:55:05
Harare, Zimbabwe (PANA) - Valuing ecosystem services –– the benefits humans obtain from earth’s many life-support systems –– is an [...] Full text...
01 november 2023 - 07:31:39
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a US$300 [...] Full text...
31 october 2023 - 18:41:49
Kinshasa, DR Congo (PANA) – Regardless of a difficult and uncertain environment, the economy of the Democratic Republic of Congo [...] Full text...
31 october 2023 - 18:27:32
Kigali, Rwanda (PANA) - Rwanda’s economy registered strong post-pandemic growth, though it was accompanied by domestic and external imbalances including [...] Full text...
31 october 2023 - 16:51:26
Banjul, Gambia (PANA)- The Government of The Gambia, in partnership with the European Union (EU) and the United Nations Development [...] Full text...
31 october 2023 - 07:38:23
Washington, DC, US (PANA) – Economic activity in Central African Republic has improved this year though not as much as [...] Full text...
28 october 2023 - 11:58:07
Freetown, Sierra Leone (PANA) - Sierra Leone’s economy is projected to grow at 3.7% on average during 2023–25, below its [...] Full text...
28 october 2023 - 11:45:53
Nouakchott, Mauritania (PANA) - International Monetary Fund (IMF) staff and Mauritanian authorities have reached a preliminary agreement on completion of [...] Full text...
27 october 2023 - 07:07:04
Brazzaville, Congo (PANA) - The question “top-of-mind” for most leaders and climate champions who will be gathering this week in [...] Full text...
26 october 2023 - 12:05:30
Algiers, Algeria (PANA) - Algeria's economy has reached its pre-pandemic level in 2022, the recovery extending to the first half [...] Full text...
26 october 2023 - 06:49:50
Harare, Zimbabwe (PANA) - Zimbabwe’s economy has continued its post-COVID recovery, but enhancing its longer-term growth potential would require strong [...] Full text...
25 october 2023 - 10:43:24
Lomé, Togo (PANA) - Trade openness and increased private investment mobilisation will be key to unlocking Togo’s growth potential, according [...] Full text...
21 october 2023 - 10:35:05
Washington, DC, US (PANA) - Being born a woman in Benin doesn’t come with the same opportunities as being born [...] Full text...
18 october 2023 - 07:05:37
Juba, South Sudan (PANA) — A new, first of its kind project in South Sudan will support the institutional strengthening [...] Full text...
17 october 2023 - 15:07:27
Banjul, Gambia (PANA) - Millennium Challenge Corporation CEO Alice Albright will visit The Gambia this week to advance the development [...] Full text...
17 october 2023 - 10:50:04
Moroni, Comoros (PANA) – The first Country Economic Memorandum for Comoros, published on Tuesday by the World Bank, notes that [...] Full text...
17 october 2023 - 07:30:02
Dar es Salaam, Tanzania (PANA) – Heads of international organisations have urged countries to balance short-term urgent interventions with longer-term [...] Full text...
17 october 2023 - 07:06:03
Washington DC, United States (PANA) - The World Bank’s new vision and playbook for development were unveiled at last week’s [...] Full text...
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...
15 october 2023 - 17:45:39
Marrakech, Morocco (PANA) - International Monetary Fund (IMF) Managing Director, Ms. Kristalina Georgieva, on Sunday called for action following her [...] Full text...
13 october 2023 - 16:25:51
Marrakech, Morocco (PANA) - While global economic integration has helped billions of people become wealthier, healthier, and more productive—for too [...] Full text...
13 october 2023 - 08:37:35
Lomé, Togo (PANA) - Togo, a small country on Africa’s west coast, is home to a young and growing population. [...] Full text...
13 october 2023 - 08:35:48
Kampala, Uganda (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a project to [...] Full text...
11 october 2023 - 14:17:33
Marrakech, Morocco (PANA) - The World Bank and the OCP Group on Wednesday announced a game changing partnership to support [...] Full text...
11 october 2023 - 07:49:06
Washington, United States (PANA) - Millions of girls and young women’s across Eastern and Southern Africa will gain greater access [...] Full text...
10 october 2023 - 15:34:50
Washington DC, United States (PANA) - The global economy continues to recover from the pandemic, Russia’s invasion of Ukraine and [...] Full text...
10 october 2023 - 06:10:17
Addis Ababa, Ethiopia (PANA) - The World Food Programme (WFP) has begun rolling out food distributions to nearly 900,000 refugees [...] Full text...
09 october 2023 - 13:15:47
Washington DC, United States (PANA) - The world confronts the weakest medium-term growth outlook in three decades amid high debt [...] Full text...
09 october 2023 - 12:52:46
Brazzaville, Congo (PANA) - Through implementation of more ambitious reforms to promote economic diversification and climate resilience, Congo could reduce [...] Full text...
08 october 2023 - 13:59:02
Moroni, Comoros (PANA) - The World Bank says that, for Comoros to have a fiscal policy that achieves inclusive growth, [...] Full text...