Staying the course on reforms: Nigeria progresses amidst challenges

17 october 2024 - 10:11:01
Abuja, Nigeria (PANA) - Since May 2023, Nigeria has implemented significant reforms to stabilise its economy, resulting in modest growth, [...] Full text...

thread Economy

Expensive farm inputs, insecurity in producing regions, high transport costs impact grain yields in Nigeria

04 october 2024 - 08:26:34
Lagos, Nigeria (PANA) - Imports of wheat, rice, and maize marketing in year 2024/25 are estimated to increase as the [...] Full text...

thread Agriculture

Trade balances in China and the US are largely driven by domestic macro forces: IMF Blog By Pierre-Olivier Gourinchas, Ceyla Pazarbasioglu, Krishna Srinivasan, and Rodrigo Valdés

13 september 2024 - 12:55:31
Washington, DC, United States - China’s widening trade surplus and the growing US trade deficit since the pandemic have renewed [...] Full text...

thread Economy

Benin prepares 2025 budget in compliance with WAEMU fiscal norm

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

thread Economy

Africa LEADS: Integrating knowledge and operations for a better Bank: World Bank Blog By Arianna Legovini, Sutayut Osornprasop, Aidan Coville and Shane Romig

09 august 2024 - 09:15:51
Cape Town, South Africa (PANA) - Imagine a life without electricity to light up your home, clean water to drink [...] Full text...

thread Society

IMF Executive Board holds Post-Financing Assessment Consultation with Angola

04 july 2024 - 10:10:00
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has concluded the Post Financing Consultation [...] Full text...

thread Economy

IMF completes second review of CAR’s ECF arrangement, approves US$25 million credit

25 june 2024 - 12:09:39
Bangui, CAR (PANA) – The International Monetary Fund (IMF) Executive Board on Monday completed the second review under the Extended [...] Full text...

thread Economy

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

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

thread Economy

New WB financing for Nigeria’s inclusive growth, revenue diversification

14 june 2024 - 10:22:12
Abuja, Nigeria (PANA) – The World Bank on Thursday approved two operations: $1.5 billion for the Nigeria Reforms for Economic [...] Full text...

thread Economy

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

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

thread Economy

Burkina Faso expects 595,000 tonnes of seed cotton for this year's agricultural campaign

17 may 2024 - 10:17:27
Ouagadougou, Burkina Faso (PANA) - Forecasts for the 2024/2025 cotton season for conventional seed cotton are estimated at 700,000 hectares, [...] Full text...

thread Agriculture

Senegal maintains resilience despite economic challenges: IMF

04 may 2024 - 09:25:20
Dakar, Senegal (PANA) - A team from the International Monetary Fund (IMF) has concluded a mission to Senegal affirming that [...] Full text...

thread Economy

Kenyan farmers get fertilizer boost with $2 million from AfDB

27 april 2024 - 10:00:14
Nairobi, Kenya (PANA) - In a significant step to advance food security in Kenya, the Africa Fertilizer Financing Mechanism has [...] Full text...

thread Agriculture

Libya rakes in nearly $6 billion in revenues for 1st quarter of 2024

09 april 2024 - 14:07:54
Tripoli, Libya (PANA) - Liya earned a total of 23.8 billion dinars (around 5.96 billion US dollars) in revenue in [...] Full text...

thread Economy

Top Libyan official calls for measures to spare citizens effects removal of fuel subsidies

18 march 2024 - 14:32:58
Tripoli, Libya (PANA) - The chairman of the Libyan Presidential Council, Mohamed al-Manfi, has called on institutions involved in the [...] Full text...

thread Economy

Nigeria: Bring coup mongers To justice, Defence Minister orders Defence Intelligence Agency

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...

thread Politics

WTO Ministerial Conference ends with decisions on dispute reform, development

02 march 2024 - 11:41:31
Abu Dhabi, UAE (PANA) – World Trade Organisation (WTO) members concluded the 13th Ministerial Conference (MC13) in Abu Dhabi, United [...] Full text...

thread Economy

How can we reinvigorate international trade? World Bank Blog By Pablo Saavedra and Mona Haddad

25 february 2024 - 17:05:58
Abu Dhabi, United Arab Emirates, (PANA) - After decades of accelerating globalisation, since 2008 international trade has grown at roughly [...] Full text...

thread Economy

Nigerian workers declare 2-day nationwide protest over hardship

17 february 2024 - 06:19:49
Abuja, Nigeria (PANA) – The leadership of Nigeria Labour Congress (NLC) on Friday declared a two-day nationwide mass protest over nationwide [...] Full text...

thread Society

Nigeria: Nigeria’s inflation rate hits 29.90% in January amid rising food prices

15 february 2024 - 15:22:19
Abuja, Nigeria (PANA) - Nigeria’s inflation increased to 29.90 per cent in January 2024 from 28.92 per cent recorded in [...] Full text...

thread Economy

Senior Libyan officials meet to discuss government expenditure controls for 2024

26 january 2024 - 14:13:56
Tripoli, Libya (PANA) - A meeting of senior Libyan officials here Thursday was devoted to monitoring the expenditure of the [...] Full text...

thread Economy

How to ease rising external debt-service pressures in low-income countries: IMF Blog By Allison Holland and Ceyla Pazarbasioglu

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...

thread Economy

World Economic Forum: Schwab Foundation announces social innovators of 2024

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...

thread Society

Libya PM sets out conditions to abolish fuel subsidies

12 january 2024 - 13:00:32
Tripoli, Libya (PANA) - The Libyan Prime Minister, Abdulhamid Al Dbaiba, has set two conditions for the abolition of subsidies. The [...] Full text...

thread Economy

Libyan Prime Minister announces abolition of fuel subsidies to combat trafficking

11 january 2024 - 15:24:40
Tripoli, Libya (PANA) - The Libyan Prime Minister of the Government of National Unity, Abdulhamid al Dbaiba, has announced that [...] Full text...

thread Economy

Libyan PM deplores delay in resolving issue of alternatives to fuel subsidies

09 january 2024 - 14:51:52
Tripoli, Libya (PANA) - The Libyan prime minister of the Government of National Unity, Abdulhamid al Dbaiba, has stated that [...] 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

IMF approves new two-year arrangement under RSF for Benin

15 december 2023 - 12:14:30
Washington, DC USA (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a two-year arrangement of [...] Full text...

thread Economy

Turning the Corner, time to move from reforms to results

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...

thread Economy

Cameroon 'remains resilient' in face of external shocks: IMF

18 november 2023 - 08:25:07
Yaoundé, Cameroon (PANA) - Cameroon has remained resilient in the face of successive external shocks and its real GDP growth [...] Full text...

thread Economy

Some 6.5 million Nigerians face food insecurity In 2024 - Report

10 november 2023 - 12:09:04
Abuja, Nigeria (PANA) – About 26.5 million Nigerians are expected to grapple with high levels of food insecurity in 2024, [...] Full text...

thread Society

To reduce South Africa’s unemployment, make work more attractive: World Bank Blog( By Jacques Morisset)

23 october 2023 - 19:01:35
Cape Town, South Africa (PANA) – At over 30%, unemployment is South Africa’s biggest contemporary challenge. Of course, there are [...] Full text...

thread Society

Nigeria’s inflation rises to 26.72% in September

16 october 2023 - 19:12:08
Abuja, Nigeria (PANA) – Nigeria’s inflation rate rose to 26.72% in September 2023 amid soaring food prices and harsh economic [...] Full text...

thread Economy

IMF achieves stage 1 fundraising targets for Poverty Reduction and Growth Trust

15 october 2023 - 18:59:40
Marrakech, Morocco (PANA) - International Monetary Fund (IMF) Managing Director Kristalina Georgieva has announced that the Fund successfully met the [...] Full text...

thread Economy

IMF Executive Board concludes first post financing assessment with Angola

06 september 2023 - 08:05:34
Luanda, Angola (PANA) – Angola’s economic recovery in the near term remains dependent on the oil sector and is largely [...] Full text...

thread Economy

Nigeria’s Inflation rate hits 22.8% in June 2023

17 july 2023 - 15:46:39
Abuja, Nigeria (PANA) – The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 22.79 per cent [...] Full text...

thread Economy

Nigeria can seize the opportunity to realise its growth potential: WB

28 june 2023 - 06:40:59
Abuja, Nigeria (PANA) – Nigeria’s new administration has initiated critical reforms to address macroeconomic imbalances, thus opening a window of [...] Full text...

thread Economy

Small-scale farmers receive smart farming subsidy in Botswana

22 june 2023 - 16:52:28
Gaborone, Botswana (PANA)  - Botswana’s National Development Bank (NDB) has launched a climate finance subsidy - Green Energy Transition for [...] Full text...

thread Environment

WB Gabon economic update highlights importance of pro-poor fuel subsidy reforms

20 june 2023 - 15:17:24
Libreville, Gabon (PANA) - Over the course of 2022, Gabon's economy has benefited from high oil prices. However, the rise [...] Full text...

thread Economy

Good rains shower recovery on Kenya’s coffee plantations

20 may 2023 - 10:27:34
Nairobi, Kenya (PANA) - Kenya’s marketing year (MY) 2023/24 coffee production is forecast to increase by 6.7 percent to 800,000 [...] Full text...

thread Agriculture

Libyan Prime Minister stresses importance of completing water resources promotion strategy

15 may 2023 - 17:48:19
Tripoli, Libya (PANA) - The Libyan Prime Minister of the Government of National Unity, Abdelhamid Al-Dbaiba, Monday stressed the need [...] Full text...

thread Environment

WB report calls for maximised revenues from Africa’s natural resources

10 may 2023 - 10:54:48
Washington, DC, US (PANA) - In a time of energy transition and rising demand for metals and minerals, resource-rich governments [...] Full text...

thread Economy

Libyan PM calls for subsidy for women, children and all Libyans

04 may 2023 - 21:08:14
Tripoli, Libya (PANA) - Libyan Prime Minister of the Government of National Unity, Abdelhamid Al-Dbaiba, Thursday stressed the importance of [...] Full text...

thread Politics

Mali's National Transitional Council approves bill to repay debt of electricity company EDM

13 april 2023 - 14:58:22
Bamako, Mali (PANA) - The National Transition Council (CNT), which acts as the national assembly in Mali, approved on Wednesday [...] Full text...

thread Economy

Burundian state imposes rigour in management of public funds

08 april 2023 - 19:50:58
Bujumbura, Burundi (PANA) - The economic highlight of the week that is drawing to a close was the referral to [...] Full text...

thread Politics

IMF mission finds booming economic activity in Benin

06 april 2023 - 10:35:00
Cotonou, Benin (PANA) - After three years of warranted policy accommodation, fiscal consolidation is underway, underpinned by robust tax collection [...] Full text...

thread Economy

Richer nations must step up support for the poorest (Blog)

01 april 2023 - 11:48:39
Washington, DC, US (PANA) - When finance ministers and central bankers arrive in Washington next week for the International Monetary [...] Full text...

thread Economy

South Africa unlocking brighter futures through investment in Early Childhood Development

31 march 2023 - 08:47:37
Pretoria, South Africa (PANA) - The World Bank and South Africa’s Department of Basic Education on Thursday jointly launched the [...] Full text...

thread Society

Tunisia reforming energy subsidies to enhance economic resilience

30 march 2023 - 11:07:38
Tunis, Tunisia (PANA) - Tunisia's economic recovery slowed in 2022 while the current account and fiscal deficit rose amid mounting [...] Full text...

thread Economy

High crop prices prompt Kenya farmers to increase maize, wheat production

23 march 2023 - 11:28:19
Nairobi, Kenya (PANA) – Kenya expects a rise in maize and wheat production in marketing year (MY) 2023/24 to 3.18 [...] Full text...

thread Agriculture

CBL-IMF consultations end on need for Libya to diversify its sources of income

18 march 2023 - 07:59:47
Tripoli, Libya (PANA) - The Governor of the Bank of Libya (CBL), Al-Seddik Omar al-Kebir, concluded on Friday in the [...] Full text...

thread Economy

IMF Board commends Angolan authorities’ commitment to reform

24 february 2023 - 11:20:02
Luanda, Angola (PANA) – The Executive Board of the International Monetary Fund (IMF) has commended the Angolan authorities’ sound policies [...] Full text...

thread Economy

Nigeria’s GDP on positive growth despite challenges in oil sector: IMF

09 february 2023 - 10:56:25
Washington, DC, US (PANA) - Nigeria’s economy has recouped output losses sustained during the COVID-19 pandemic supported by favourable oil [...] Full text...

thread Economy

Food crisis looms in Malawi due to failure to protect farming against climate hazards

26 january 2023 - 12:39:30
Lilongwe, Malawi (PANA) - Malawi faces another food crisis on the back of a series of climate events, after drought, [...] Full text...

thread Agriculture

Libyan newspaper deplores authorities' inaction on food security crisis triggered by Russia-Ukraine war

12 january 2023 - 15:38:04
Tripoli, Libya (PANA) - More than one year after the outbreak of the Russian-Ukrainian war, which caused a food security [...] Full text...

thread Press Review

Inflation in Tanzania remains consistent with target - Central Bank

02 january 2023 - 11:14:35
Dar es Salaam, Tanzania (PANA) - Global supply chain disruptions caused by the war in Ukraine and the resurgence of [...] Full text...

thread Economy

Nigeria's urgent choices to reduce vulnerability to crisis: World Bank

15 december 2022 - 13:51:04
Abuja, Nigeria (PANA) - Nigeria’s economy needs to grow faster to reduce poverty, the World Bank recommends in its latest [...] Full text...

thread Economy

IMF reaches reaches staff-level agreement with Congo

07 december 2022 - 10:49:18
Washington, DC, US (PANA) - An International Monetary Fund (IMF) team has reached a staff-level agreement with the authorities of [...] Full text...

thread Economy

Nigeria’s output growth expected to pick up in 2023: IMF staff

19 november 2022 - 07:54:05
Abuja, Nigeria (PANA) – For Nigeria to ensure macroeconomic stability, it requires tightening across all policy levers, and stronger revenue [...] Full text...

thread Economy

Libya earns nearly $18 billion in revenuein first 9 months of 2022

06 october 2022 - 15:38:36
Tripoli, Libya (PANA) - A total of 89.7 billion Libyan dinars, about 17.97 billion US dollars, in revenue was realized [...] Full text...

thread Economy

Package of measures to streamline spending by unity government in Libya

26 september 2022 - 17:06:13
Tripoli, Libya (PANA) - The Libyan Prime Minister of the Government of National Unity, Abdelhamid Al-Dbaiba, has issued a regulatory [...] Full text...

thread Politics

Kenyan energy prices rise sharply after new President drops subsidies

15 september 2022 - 12:21:16
Nairobi, Kenya (PANA) - Prices of petroleum products have increased sharply by 15% in Kenya a day after new President [...] Full text...

thread Economy

Kenya's new President begins implementing election campaign pledges

13 september 2022 - 17:29:23
Nairobi, Kenya (PANA) - Kenya's newly-elected President William Ruto rode a ceremonial military Landover on Tuesday shortly after taking oath [...] Full text...

thread Politics

Libyan PM announces payment of salary arrears, bonuses for various socio-professional categories in Libya

07 september 2022 - 21:08:21
Tripoli, Libya (PANA) - The Libyan prime minister of the Government of National Unity, Abdelhamid Al-Dbaiba, announced Wednesday the disbursement [...] Full text...

thread Politics

Greater Horn of Africa drought forecast to continue for fifth year - UN weather agency

27 august 2022 - 05:22:40
Nairobi, Kenya (PANA) - As millions of people in the Greater Horn of Africa have already “suffered the longest drought [...] Full text...

thread Environment

Butane gas prices soar in Togo

19 august 2022 - 18:39:24
Lomé, Togo (PANA) - The price of domestic gas in Togo has risen significantly despite the maintenance of the state [...] Full text...

thread Economy

Three Beninese political parties receive public subsidy

13 august 2022 - 13:31:56
Cotonou Benin (PANA) - The Beninese state has disbursed 1.5 billion CFA francs as subsidy to the three most representative [...] Full text...

thread Politics

Public subsidy for electricity connection in Benin

16 july 2022 - 15:09:20
Cotonou, Benin (PANA) - The Beninese government is to subsidise the connection of populations to the national grid of the [...] Full text...

thread Society

Mauritius: Govt. to support its population financially

10 july 2022 - 11:09:34
Port-Louis, Mauritius (PANA) - Mauritian Prime Minister Pravind Jugnauth said here Saturday the government will offer an amount of Rs [...] Full text...

thread Economy

Libya earns over US$11.7 billion in revenues in first half of 2022

05 july 2022 - 15:57:10
Tripoli, Libya (PANA) - A total of 56.5 billion Libyan dinars (about 11.7 billion US dollars) of public financial revenues [...] Full text...

thread Economy

Government commission considers withdrawal of 20% fuel subsidies in Libya

22 june 2022 - 17:06:12
Tripoli, Libya (PANA) - The ministerial committee formed to study a mechanism to replace fuel subsidies with cash bonuses paid [...] Full text...

thread Economy

Libyan govt plans to replace fuel subsidies with cash bonus to citizens

17 june 2022 - 12:59:20
Tripoli, Libya (PANA) - The Council of Ministers of the Tripoli-based Government of National Unity (GNU), as part of the [...] Full text...

thread Economy

Libyan PM Dbaiba pledges to pay wife and children bonus before Eid Al-Adha

16 june 2022 - 13:30:06
Tripoli, Libya (PANA) - Libyan Prime Minister of the Government of National Unity (GNU), Abdelhamid al-Dbaiba, has pledged to pay [...] Full text...

thread Society

IMF staff team notes resilience in Guinea's mining sector

11 june 2022 - 08:18:19
Conakry, Guinea (PANA) - An International Monetary Fund (IMF) staff team has completed a week-long visit to Guinea, observing that [...] Full text...

thread Economy

IMF team checks on Sierra Leone’s economic recovery from COVID-19 pandemic

08 june 2022 - 07:05:12
Freetown, Sierra Leone (PANA) – Sierra Leone is set to secure US$20.8 million financial support from the International Monetary Fund [...] Full text...

thread Economy

Libya's records surplus of nearly US$5 billion in the first five months of 2022

07 june 2022 - 10:45:33
Tripoli, Libya (PANA) - Libya recorded 54.6 billion dinars in government revenue (about US$11.42 billion) in the first five months [...] Full text...

thread Economy

Libya's account shows surplus of US$6 billion in first four months of the year

26 may 2022 - 13:00:01
Tripoli, Libya (PANA) - Libya's accounts show a surplus of 30 billion dinars (about US$6.3 billion) during the first four [...] Full text...

thread Economy

Debate on budget proposals of PM Fathi Bachagha, continues on Tuesday

09 may 2022 - 19:23:41
Tripoli, Libya (PANA) - The House of Representatives in Libya (Parliament) on Monday postponed debate on the general state budget [...] Full text...

thread Politics

Plenary session of Libyan Parliament to discuss draft budget begins

09 may 2022 - 16:30:41
Tripoli, Libya (PANA) - The work of a plenary session of the House of Representatives in Libya (Parliament) devoted to [...] Full text...

thread Politics

Burkinabe gov't allocates more than 72 billion CFA francs to subsidise cotton growing

07 may 2022 - 15:17:40
Ouagadougou, Burkina Faso (PANA) - Faced with soaring fertiliser prices due to the crisis between Russia and Ukraine, the Burkinabe [...] Full text...

thread Agriculture

Libya: Parallel govt. budgets US$21 billion

06 may 2022 - 20:38:10
Tripoli, Libya (PANA) - A total of 94 billion, 830 million, 515 thousand and 200 Libyan dinars (about US$21.186 billion), [...] Full text...

thread Economy

Kenya increases minimum wage by 12% on Labour Day

01 may 2022 - 22:40:36
Nairobi, Kenya (PANA) – President Uhuru Kenyatta has announced a minimum wage increase of 12 per cent with effect from [...] Full text...

thread Economy

Libyan National Oil Company transfers US$6 billion to Ministry of Finance

15 april 2022 - 12:47:11
Tripoli, Libya (PANA) - The Libyan National Oil Company (NOC) has transferred US$6 billion to the account of the Ministry of [...] Full text...

thread Economy

French business executive to be deported from Kenya

13 april 2022 - 22:49:28
Nairobi, Kenya (PANA) - A French national, Jean Christian Bergeron, has been accused of economic sabotage and ordered to leave [...] Full text...

thread Economy

Libyan gov't caps prices of some foodstuffs

25 march 2022 - 12:48:27
Tripoli, Libya (PANA) - The Libyan Minister of Economy and Trade in the Government of National Unity (GNU), Mohamed al-Haweij, [...] Full text...

thread Economy

Mauritian govt. to subsidise electricity bills by 5-10% for 370,000 households

05 january 2022 - 07:40:56
Port-Louis, Mauritius (PANA) – Some 370,000 households will benefit from a subsidy varying between 5-10% on their electricity bills for [...] Full text...

thread Economy

Libyan government says surprised by the arrest of some ministers

31 december 2021 - 14:09:54
Tripoli, Libya (PANA) - Libyan government spokesperson Mohamed Hamouda said here Friday the government was surprised by the detention of [...] Full text...

thread Politics

Benin to subsidise modernisation of Cotonou airport

19 december 2021 - 16:51:40
Cotonou, Benin (PANA) - The Beninese government is committed to subsidising the renovation and modernisation of Cotonou International Airport, official [...] Full text...

thread Economy

Mauritius Govt. to extend subsidy on milk powder to 30 June 2022 -Minister

18 december 2021 - 10:45:46
Port-Louis, Mauritius (PANA) - The Mauritian Minister of Commerce and Consumer Protection, Soodesh Callichurn, told Parliament Friday that the subsidy [...] Full text...

thread Economy

Start of government retreat focused on popular aspirations in Burundi

03 november 2021 - 18:40:15
Bujumbura, Burundi (PANA) - The President of the Republic, Evariste Ndayishimiye, opened on Wednesday a governmental retreat in Gitega, the [...] Full text...

thread Politics

Libyan newspapers highlight decisive intervention of Presidential Council in organization of elections

10 october 2021 - 21:00:19
Tripoli, Libya (PANA) - The conflict between the government of national unity and the House of Representatives (Parliament) in Libya [...] Full text...

thread Press Review

Sub-Saharan Africa exits recession in 2021 but recovery still vulnerable : World Bank

06 october 2021 - 14:57:38
Washington, DC, US (PANA) - Sub-Saharan Africa is set to emerge from the 2020 recession sparked by the coronavirus (COVID-19) [...] Full text...

thread Economy

Libyan gov't allocates over US$511 million to wives, children

24 september 2021 - 10:59:43
Tripoli, Libya (PANA) - Libyan Prime Minister Abdelhamid al-Dbaiba has announced the allocation of 2.250 billion dinars, about US$511.363 million, [...] Full text...

thread Society

Togolese government grants subsidy of 300 million CFAF to cultural actors

07 september 2021 - 20:36:18
Lomé, Togo (PANA) - The Togolese government has released a sum of 300 million CFA francs for the benefit of [...] Full text...

thread Culture

World Bank approves US$60 million for Togo's education sector

28 august 2021 - 13:51:04
Lomé, Togo (PANA) - The World Bank has approved US$60.1 million to Togo to improve conditions in its basic education [...] Full text...

thread Culture

Libya records over US$3billion financial deficit in 2020: Audit report

25 august 2021 - 10:16:03
Tripoli, Libya (PANA) - A financial deficit of some 14 billion dinars was recorded in the Libya's state resources and [...] Full text...

thread Economy

Coronavirus: IMF approves policy reforms and funding package to better support recovery of LICs

23 july 2021 - 13:51:13
Dakar, Senegal (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a set of reforms to [...] Full text...

thread Economy

Coronavirus: IMF mission hails Mauritius’ efforts in containing COVID-19 pandemic

08 may 2021 - 09:18:04
Port Louis, Mauritius (PANA) – Announcing the success of Mauritius in containing the Covid-19 virus thanks to strict health measures, [...] Full text...

thread Economy

Coronavirus: Mauritius Govt. exempts vulnerable electricity consumers from paying bills for March and April

17 april 2021 - 08:13:05
Port-Louis, Mauritius (PANA) – Mauritian Prime Minister Pravind Jugnauth on Friday announced that the most vulnerable 60,000 subscribers of the [...] Full text...

thread Economy

Mauritius encourages the population to grow their own vegetables

16 april 2021 - 07:13:47
Port-Louis, Mauritius (PANA) - Faced with the shortage of vegetables in the local market due to the containment in force [...] Full text...

thread Agriculture

France issued 7.3 billion CFAF for Security and Development Projects in northern, central Mali

20 march 2021 - 14:25:18
Bamako, Mali (PANA) - Mali and France, through the French Development Agency (FDA), have signed a financing agreement, totalling CFAF [...] Full text...

thread Economy

Joblessness hits 27 percent amid rising food inflation in Nigeria

09 february 2021 - 11:02:00
Abuja, Nigeria (PANA) – Nigeria’s socioeconomic conditions have deteriorated, with rising food inflation, elevated youth unemployment, mass protests in October [...] Full text...

thread Economy

IMF calls on Tunisian authorities to freeze payroll to reduce financial deficit

23 january 2021 - 19:30:54
Tunis, Tunisia (PANA) - The International Monetary Fund (IMF) has urged Tunisia to block the wage bill and subsidy to [...] Full text...

thread Economy

Benin eases conditions for microcredit company

14 december 2020 - 10:11:56
Cotonou, Benin (PANA) - The Beninese government wants to ease the conditions for granting Alafia Microcredit to beneficiaries to further [...] Full text...

thread Economy

Botswana tourism sector gets another boost

03 november 2020 - 06:37:05
Gaborone, Botswana (PANA) - Botswana has approved a wage subsidy for tourism industry, the country’s most ailing sector due to [...] Full text...

thread Economy

Botswana’s tourism freelance guides get wage subsidy

07 october 2020 - 17:39:21
Gaborone, Botswana (PANA) - Authorities in Botswana have invited freelance guides to register for wage subsidy, as government makes efforts [...] Full text...

thread Economy

Niger govt. removes subsidy on fertilizers

17 september 2020 - 17:36:42
Niamey, Niger (PANA) - After several years of subsidizing the price of fertilizer, the Nigerien government has withdrawn subsidies on [...] Full text...

thread Agriculture

Botswana declares non-drought year

04 september 2020 - 14:16:18
Gaborone, Botswana (PANA) - Botswana’s President Mokgweetsi Masisi has declared 2019/2020 season a non-drought year. Despite the announcement made on Friday [...] Full text...

thread Agriculture

Libya holds meeting on rationalisation of energy and lifting of oil subsidies

31 august 2020 - 22:52:56
Tripoli, Libya (PANA) - The presidential council of the Libyan Government of National Accord (GNA) Monday held a meeting devoted [...] Full text...

thread Politics

Tourism gets boost in Botswana

26 august 2020 - 10:24:53
Gaborone, Botswana (PANA) - Botswana’s tourism sector has received 4.8 million Euros from the German government to cushion it from effects [...] Full text...

thread Economy

Tension mounts in Libya with persistence of electricity supply crisis (News analysis by Youssef BA, PANA correspondent)

13 august 2020 - 23:10:13
Tripoli, Libya (PANA) - The problem of electricity in Libya is a recurring issue, particularly during the summer period when [...] Full text...

thread Economy

Coronavirus: IMF approves temporary increase in annual access limits to financial support

23 july 2020 - 16:22:13
Dar es Salaam, Tanzania (PANA) - The severe impact of the coronavirus pandemic on global economic conditions has resulted in [...] Full text...

thread Economy

Burkina Faso to release 100 billion CFAF to support companies strongly impacted by Covid-19

16 july 2020 - 19:43:05
Ouagadougou, Burkina Faso (PANA) - The prime minister of Burkina Faso, Christophe Joseph Marie Dabiré, chaired Thursday the signing ceremony [...] Full text...

thread Economy

Coronavirus: Congo Air transport down 98 percent because of Covid-19

29 june 2020 - 17:28:01
Brazzaville, Congo (PANA) - Air traffic has fallen by 98 percent in Congo due to the health crisis and border [...] Full text...

thread Economy

BOAD mobilizes more than 180 billion CFAF to support WAEMU States and private sector

26 june 2020 - 17:34:56
Lomé, Togo (PANA) - The West African Development Bank (BOAD) is mobilizing 275.6 million euros (about CFAF 180.78 billion), to [...] Full text...

thread Economy

FIFA allocates rescue fund of over 875 million CFAF to each of member federations

25 june 2020 - 23:49:48
Dakar, Senegal (PANA) - The world football governing body, FIFA, on Thursday released for each of its member federations a [...] Full text...

thread Sports

FDA offers 61.7 billion CFAF to finance projects in Burkina Faso

18 june 2020 - 15:09:03
Ouagadougou, Burkina Faso (PANA) - The government of Burkina Faso and the French Development Agency (FDA) on Thursday signed four [...] Full text...

thread Economy

Nigeria's Minister of Power insists electricity tariff hike will go into effect on 1 July

17 june 2020 - 06:52:49
Abuja, Nigeria (PANA) – From 1 July, Nigerians will pay higher electricity tariffs Minister of Power, Sale Mamman, insisted on [...] Full text...

thread Economy

Benin to release more than 74 billion CFA francs to mitigate socio-economic effects of COVID-19.

13 june 2020 - 11:35:19
Cotonou, Benin (PANA) -  Benin will soon release some 74.12 billion CFA francs for a series of measures to mitigate [...] Full text...

thread Health

Malian government offers 35 billion CFAF subsidy to the cotton sector

08 june 2020 - 15:04:04
Bamako, Mali (PANA) - The Malian government will grant an exceptional subsidy of CFAF 35 billion to the cotton sector, [...] Full text...

thread Agriculture

CAF gives 6 billion CFAF in subsidy to its 54 member-associations

29 may 2020 - 23:40:21
Dakar, Senegal (PANA) - The Confederation of African Football (CAF) has approved the immediate disbursement of financial subsidies for member-associations [...] Full text...

thread Sports

Burkina Faso expects to produce 550,000 tonnes of seed cotton in 2020/21 season

28 may 2020 - 09:31:58
Ouagadougou, Burkina Faso (PANA) - Burkina Faso expects a production of 550,000 tonnes of seed cotton for the 2020-2021 season, [...] Full text...

thread Agriculture

Senegalese football leagues to resume November

13 may 2020 - 21:23:45
Dakar, Senegal (PANA) - The Senegalese Football Federation (FSF) Wednesday decided to “postpone the resumption of League 1, League 2, [...] Full text...

thread Sports

COVID-19: More relief initiatives for businesses in Botswana

12 may 2020 - 13:57:11
Gaborone, Botswana (PANA) – As part of efforts to cushion both formal and informal businesses, authorities in Botswana have embarked [...] Full text...

thread Economy

Coronavirus: Botswana confident to win pandemic fight

01 may 2020 - 18:00:54
Gaborone, Botswana (PANA) - Botswana is confident the country will triumph over the COVID-19 pandemic, President Mokgweetsi Masisi said on Friday [...] Full text...

thread Society

Coronavirus: Botswana rolls out relief packages distribution

28 april 2020 - 10:16:21
Gaborone, Botswana (PANA) - Botswana has started rolling out the economic relief package to assist families as announced at the [...] Full text...

thread Society

Coronavirus: COVID-19 cast gloomy forecast for Botswana’s economy

24 april 2020 - 20:21:25
Gaborone, Botswana (PANA) - Botswana Finance Minister Dr Thapelo Matsheka has painted a gloomy outlook for the country’s economy to [...] Full text...

thread Economy

Coronavirus: Wave of support and solidarity with Sub-Saharan students and migrants in Tunisia

15 april 2020 - 21:31:19
Tunis, Tunisia (PANA)   - Tunisian authorities and civil society organisations Wednesday expressed their support and solidarity with Sub-Saharan migrants and [...] Full text...

thread Social

Libyan government of national accord opts for lifting of oil subsidy

13 april 2020 - 22:30:36
Tripoli, Libya (PANA)   -   The Libyan Government of National Accord (GNA) Monday opted for the lifting of oil subsidy to [...] Full text...

thread Politics

Coronavirus: Morocco makes wearing of masks in public mandatory

07 april 2020 - 11:22:37
Dakar, Senegal (PANA) - The Moroccan authorities have made wearing of protective masks in public mandatory effective Tuesday as they [...] Full text...

thread Health

Coronavirus: Gambian vendors make high sales on hand sanitizers amid COVID-19

31 march 2020 - 22:02:39
Banjul, Gambia (PANA) - As the Coronavirus pandemic continued creating panic among the people, hundreds of vendors engaged in the [...] Full text...

thread Health

Congo budgets 12.669 billion CFAF for 782 business plans

30 march 2020 - 17:59:29
Brazzaville, Congo (PANA) - The business plan validation committee for the Commercial Agriculture Development Support Project (Pdac) has validated 782 [...] Full text...

thread Agriculture

Coronavirus: Niger Government announces measures to support economic operators

30 march 2020 - 15:43:44
Niamey, Niger (PANA) - Niger's economic growth rate is likely to slow down from 6.9% to 4.1% due to the [...] Full text...

thread Economy

Coronavirus: UNDP says Sudan should increase spending on government following COVID-19

24 march 2020 - 21:28:34
Khartoum, Sudan (PANA) - The United Nations Development Programme (UNDP) has advised the Government of Sudan to adopt an expansionary [...] Full text...

thread Health

Libya earned US$ 275.3 million in oil revenues during first two months this year

09 march 2020 - 22:09:38
Tripoli, Libya (PANA) – Between 1 January and 29 February, 2020, Libya earned 380 million dinars (about US$ 275.3 million) [...] Full text...

thread Economy

Nigerien NGOs invest 133 billion F CFA in development actions in 2018

02 march 2020 - 21:53:54
Niamey, Niger (PANA) - Nigerien NGOs have invested about 133 billion CFA francs in 2018 against the 130 billion in [...] Full text...

thread Economy

IFAD gives Mauritania 50 million dollars for agricultural development

13 february 2020 - 23:16:00
Nouakchott, Mauritania (PANA)  - The International Fund for Agricultural Development (IFAD) will give Mauritania a 50m USD subsidy to boost [...] Full text...

thread Agriculture

Zimbabwe's legislators blast Finance minister over low mealie meal subsidy

13 february 2020 - 19:01:12
Harare, Zimbabwe (PANA) - Zimbabwe's Finance minister Mthuli Ncube has come under fire from legislators over subsidising mealie meal up [...] Full text...

thread Society

Price of Zimbabwe's staple food, mealie meal, rises 40 percent

11 february 2020 - 18:02:29
Harare, Zimbabwe (PANA) - Treasury has raised the price of Zimbabwe’s staple food, mealie meal by 40 percent to ZWL$70 [...] Full text...

thread Society

Largest gas field in Tunisia goes into operation

05 february 2020 - 14:24:56
Tunis, Tunisia (PANA) - Outgoing Tunisian Prime Minister Youssef Chahed announced on Wednesday the entry into operation of the Nawara [...] Full text...

thread Economy

Zimbabwe's national maize supplies 'critically low'

03 february 2020 - 10:16:50
Harare, Zimbabwe (PANA) - Zimbabwe's national maize supplies are “critically low” as a result of the poor 2019 harvest and [...] Full text...

thread Agriculture

Niger: African Solidarity Fund celebrates 40th anniversary

27 january 2020 - 14:35:53
Niamey, Niger (PANA) - The African Solidarity Fund (ASF) celebrated its 40th anniversary, under the theme: "The African Solidarity Fund, [...] Full text...

thread Economy

Turkish-Russian call for a cease-fire in Libya among this week's media highlights

11 january 2020 - 19:14:33
Tripoli, Libya (PANA) - Libyan newspapers  this week made wide coverage to the initiative for a ceasefire, launched after a [...] Full text...

thread Press Review

Sudan cabinet passes budget maintaining subsidy on wheat, cooking gas

28 december 2019 - 14:25:55
Khartoum, Sudan (PANA) - The Sudanese cabinet has approved the 2020 budget that maintains subsidies on wheat and cooking gas, [...] Full text...

thread Economy

2018 Press Assistance Fund: More than 185 million CFAF distributed to Nigerien private media

06 december 2019 - 19:14:40
Niamey, Niger (PANA) - More than 185 million CFA francs were distributed Friday to the Nigerien private press as part [...] Full text...

thread Society

Zimbabwe Govt suspends customs duty on imported wheat flour, maize

25 november 2019 - 20:11:15
Harare, Zimbabwe (PANA) - The Zimbabwean government has suspended duty on wheat flour and maize to allow for the direct [...] Full text...

thread Economy

Tunisia: The Nouara gas field goes into operation in December 2019

19 november 2019 - 17:48:22
Tunis, Tunisia (PANA) - The Nouara gas field, located in the Sahara of Tataouine, in southern Tunisia, will start operating [...] Full text...

thread Economy

Botswana government drills boreholes for wildlife

21 october 2019 - 15:01:29
Gaborone, Botswana (PANA) - Botswana President Mokgweetsi Masisi has said that his government dug 18 boreholes for wildlife in a [...] Full text...

thread Environment

Burkina Faso: Private media to get bank loans

20 october 2019 - 18:41:41
Ouagadougou, Burkina Faso (PANA) – The Burkinabè minister of Communication and spokesperson for the government, Remis Dandjinou, on Sunday in [...] Full text...

thread Society

USAID doubles drought response contribution to $86.9 million to assist Zimbabweans

24 september 2019 - 14:22:46
Harare, Zimbabwe (PANA) - The United States government is providing an additional US$41.9 million in funding to respond to the [...] Full text...

thread

Botswana government drills boreholes for herders at Lake Ngami

20 september 2019 - 11:12:45
Gaborone, Botswana (PANA) - The Botswana government will equip the Lake Ngami area with five boreholes to assist farmers with [...] Full text...

thread Environment

Mali: Construction of the Timbuktu-Gomacoura road to resume soon

12 september 2019 - 18:28:53
Bamako, Mali (PANA) - Work on the Timbuktu-Gomacoura-Niono road, linking northern and southern Mali, will resume not later than November [...] Full text...

thread Society

Libya loses over US$ 750 million annually to gas smuggling - UN

02 september 2019 - 13:39:06
Tripoli, Libya (PANA) - Libyan is losing more than US$750 million annually as a result of "fuel smuggling" and corruption, [...] Full text...

thread Economy

Rainfall deficit worries peasants in Senegal

16 august 2019 - 16:37:51
Ziguinchor, Senegal (PANA) - There are serious concerns over the agricultural season in Casamance, southern Senegal, because of an unprecedented [...] Full text...

thread Environment

Niger plans to reform the fertilizer sector

09 august 2019 - 14:01:21
Niamey, Niger (PANA) - Niger's Minister of Agriculture, Albadé Abouba, on Friday urged the Nigerien Association of Fertilizer Importers and [...] Full text...

thread Agriculture

Workers of Malian hospital launch 72-hour strike

08 august 2019 - 23:12:17
Bamako, Mali (PANA)    -   The staff of the Gabriel Touré hospital-university center (CHU), one of Mali’s biggest hospitals, has since [...] Full text...

thread Social

Tunisian Prime Minister inaugurates photovoltaic production station in Tozeur

07 august 2019 - 16:05:41
Tunis, Tunisia (PANA) - The Tunisian Prime Minister, Youssef Chahed,  on Wednesday inaugurated a photovoltaic electricity production station ''Tozeur 1'' [...] Full text...

thread Economy

US gives US$5 million to Congo's Pool Region

25 july 2019 - 09:49:17
Brazzaville, Congo (PANA) - Congo is to receive financial and technical assistance of US$5 million (2.5 billion CFA francs) from [...] Full text...

thread Society

Niger wants to stop importing rice by 2023

20 july 2019 - 15:04:32
Niamey, Niger (PANA) - Nigerien nutrition coordinator for the 3N Initiative, Ali Bety said on Friday that the president has [...] Full text...

thread Agriculture

Hadj 2019: First batch of Burkinabe pilgrims depart July 14

11 july 2019 - 16:50:44
Ouagadougou, Burkina Faso (PANA) - The first Burkinabe contingent to the 2019 Hajj leaves Bobo-Dioulasso and Ouagadougou for Medina, Sunday, [...] Full text...

thread Society

Body to grant aid for research project on environment protection in Africa

26 june 2019 - 23:43:39
Abidjan, Côte d'Ivoire (PANA)   -   The Jennifer Ward Oppenheimer Research Grant (JWO Grant) will on 5 July open bids for [...] Full text...

thread Environment

Benin grants 655 million CFAF to sports disciplines

17 june 2019 - 21:37:32
Cotonou, Benin (PANA)   -   The Beninese government Monday granted sporting disciplines a subsidy of 655 million CFA francs for the [...] Full text...

thread Sports

Switzerland, AfDB sign two subsidy deals in Malabo

14 june 2019 - 21:17:36
Malabo, Equatorial Guinea (PANA)   -   The Secretary of State for Economy of the Swiss Confederation (SECO) and the African Development [...] Full text...

thread Economy

Zimbabwe government nearly doubles maize producer prices

11 june 2019 - 18:41:58
Harare, Zimbabwe (PANA) - The Zimbabwe government has nearly doubled payments for a metric tonne of maize to RTGS$1 400 [...] Full text...

thread Agriculture

Tunisian PM acknowledges the existence of a crisis in Tunisia's energy sector

31 may 2019 - 08:55:38
Tunis, Tunisia (PANA) - The Tunisian Prime Minister, Youssef Chahed, on Thursday acknowledged the existence of a crisis in Tunisia's [...] Full text...

thread Economy

Burkina Faso government grants CFAF 11 billion to cotton producers to pay off debts

23 may 2019 - 23:29:19
Ouagadougou, Burkina Faso (PANA)   -   The Burkinabe government Wednesday granted more than CFAF 11 billion to cotton producers to pay [...] Full text...

thread Economy

Zimbabwe legislators grill Zimbabwe Justice minister Ziyambi Ziyambi over fuel increases

23 may 2019 - 17:06:22
Harare, Zimbabwe (PANA) – Zimbabwe legislators grilled Justice minister Ziyambi Ziyambi, over the increase in fuel prices by 50 percent [...] Full text...

thread Economy

Forex interbank market rates jump 33,52 percent in Zimbabwe

21 may 2019 - 18:38:31
Harare, Zimbabwe (PANA) – The forex interbank market rates jumped by 33.52 percent to an average of US$1:RTGS$4.70 following the [...] Full text...

thread Economy

Drought relief action announced in Botswana

20 may 2019 - 17:28:54
Gaborone, Botswana (PANA) - Botswana has announced drought relief measures which take effect from the beginning of July as the [...] Full text...

thread Agriculture

Poor macroeconomic conditions leaving more Zimbabweans hungry - Report

01 may 2019 - 17:31:57
Harare, Zimbabwe (PANA)- Poor macroeconomic conditions are leaving Zimbabweans hungry with most surviving on humanitarian aid, a new United States [...] Full text...

thread Economy

Burkina Faso launches project to cut down electricity bills of public buildings

01 may 2019 - 15:30:23
Ouagadougou, Burkina Faso (PANA) - The Burkinabe government has agreed to the implementation of a hybridization mechanism of certain public [...] Full text...

thread Economy

Congolese pensioners claim 15 months ' pension arrears

27 april 2019 - 09:41:30
Brazzaville, Congo (PANA) - Retirees of the Congolese public service rose from a general meeting of the national coordination of associations [...] Full text...

thread Economy

World Bank foresees economic growth decline in Kenya

09 april 2019 - 17:30:51
Nairobi, Kenya (PANA) - The World Bank has foreseen a marginal economic growth deceleration in Kenya, from 5.8% in 2018 [...] Full text...

thread Economy

Libya records 3.9% budget excess - WB

02 april 2019 - 21:42:32
Tripoli, Libya (PANA) – A World Bank report issued Tuesday said Libya’s oil receipts and taxes from sales of currencies [...] Full text...

thread Economy

Maliian gov't, potato sector stakeholders agree on a price cap for producers and consumers

30 march 2019 - 20:02:18
Bamako, Mali (PANA) - In April, the potato will be bought at the producer price of 150 CFA F/kg and [...] Full text...

thread Economy

Burundi sets out to modernise agriculture

21 march 2019 - 08:44:50
Bujumbura, Burundi (PANA) – With agriculture being the mainstay of the Burundian economy, the government has set out modernise the [...] Full text...

thread Agriculture

Mauritius looks for a bright and prosperous agricultural sector

14 march 2019 - 16:43:34
Port-Louis, Mauritius (PANA) – Mauritian Agro-Industry and Food Security Minister Mahen Seeruttun on Thursday underlined the strategic importance of the [...] Full text...

thread Agriculture

IMF urges inclusive growth to overcome development challenges in Burkina Faso

08 january 2019 - 11:03:05
Ouagadougou, Burkina Faso (PANA) – Burkina Faso has significant development challenges, which recently intensified due to security shocks and social [...] Full text...

thread Economy

Rise in oil production revives Libyan economy, says Central Bank governor

31 december 2018 - 11:39:36
Tripoli, Libya (PANA) – The Governor of the Tripoli-based Libya's central bank, Seddik Omar al-Kébir, has attributed the revival of [...] Full text...

thread Economy

CILSS, EU sign agreement on improving food security in West Africa

18 december 2018 - 18:33:27
Ouagadougou, Burkina Faso (PANA) – The permanent interstate committee for fighting against drought in Sahel (CILSS) and the European Union [...] Full text...

thread Agriculture

Food waste in Tunisia hits US$197 million per year

22 november 2018 - 13:00:20
Tunis, Tunisia (PANA) - Food wasted in Tunisia represents 5 percent of food expenditures per year (572 million dinars or [...] Full text...

thread

Libya's Council of State rejects subsidy removal on electricity, fuel

20 november 2018 - 15:09:33
Tripoli, Libya (PANA) - The President of the High Council of the State (HCS) in Libya, Khaled al-Machri, says he [...] Full text...

thread Economy

Burkinabe Civil society protests hike in fuel price

09 november 2018 - 14:23:01
Ouagadougou, Burkina Faso (PANA) - The Burkinabe National Coalition Against High Cost of Living, Corruption, Fraud, Impunity and Freedoms (CCVC), [...] Full text...

thread Economy

Rapid population growth key challenge to modernisation of Egyptian economy

10 august 2018 - 09:27:54
Cairo, Egypt (PANA) - Most important issues that face Egypt over the coming years are tied to a rapidly growing [...] Full text...

thread Economy

IMF says economic situation in Egypt has continued to improve this year

04 july 2018 - 11:48:48
Cairo, Egypt (PANA) - The International Monetary Fund (IMF) has said the economic situation of Egypt has continued to improve [...] Full text...

thread Economy

Tunisia's Energy minister presents new vision for energy sector

27 june 2018 - 11:24:56
Tunis, Tunisia (PANA) - The Tunisian minister of Energy, Mines and Renewable Energy Sources, Khaled Kaddour, has in a news [...] Full text...

thread Economy

IMF encourages Algeria to contain inflation

01 june 2018 - 18:07:54
Algiers, Algeria (PANA) – As Algeria continues to face important challenges posed by the fall in oil prices four years [...] Full text...

thread Economy

CAF offers US$500,000 to each African team to World Cup in Russia

01 december 2017 - 15:19:15
Cairo, Egypt (PANA) - Each of the five countries that will represent Africa at the 2018 FIFA World Cup in [...] Full text...

thread Sports

Egypt: 'Egyptian economy to rank 15th around the world by 2050' - Int'l Report

09 august 2017 - 14:42:08
Cairo, Egyupt (PANA) - The Egyptian economy is expected to rank 15th worldwide by 2050, from a list of 32 [...] Full text...

thread Economy

Egypt: IMF Board gives Egypt green light to draw US$1.25bn

14 july 2017 - 05:52:26
Cairo, Egypt (PANA) – Egyptian authorities can now draw US$1.25 billion from the Extended Fund Facility (EFF) of the International [...] Full text...

thread Economy

US: IMF lauds Algeria's adjustment to oil price shock

02 june 2017 - 10:29:18
Washington, D.C., US (PANA) - Although Algeria continues to face significant challenges posed by lower oil prices, the country's authorities [...] Full text...

thread Economy

Nigeria: Acting president lists gov't successes, vows to recover all stolen money

29 may 2017 - 09:13:09
Abuja, Nigeria (PANA) - Nigeria's Acting President, Prof. Yemi Osinbajo, on Monday highlighted the various achievements of the Muhammadu Buhari [...] Full text...

thread Politics

Egypt: IMF reaches staff-level deal on review of Egypt's extended support

13 may 2017 - 08:40:22
Cairo, Egypt (PANA) - Staff of the International Monetary Fund (IMF) and the Egyptian authorities have reached a staff-level agreement [...] Full text...

thread Economy

Ghana: Ghana reiterates commitment to IMF programme

02 march 2017 - 17:59:37
Accra, Ghana (PANA) - Ghana's Finance Minister Ken Ofori-Atta on Thursday said the government remains committed to extended credit facility [...] Full text...

thread Economy

Nigeria: Buhari urges Nigerians to "grow what we eat and consume what we make"

14 december 2016 - 18:33:18
Abuja, Nigeria (PANA) - Nigeria's President Muhammadu Buhari has urged Nigerians to grow what they eat and consume what they [...] Full text...

thread Agriculture

Egypt: IMF chief pledges support to Egypt's economic reform agenda

08 november 2016 - 17:45:08
Cairo, Egypt (PANA) - International Monetary Fund (IMF), Mnaging Director Christine Lagarde on Tuesday described Egypt's liberalization of the [...] Full text...

thread Economy

Nigeria: No plan to increase price of fuel in Nigeria, says NNPC

26 october 2016 - 14:53:11
Abuja, Nigeria (PANA) – The Nigerian National Petroleum Corporation (NNPC), the nation’s oil and gas conglomerate, Wednesday said there is [...] Full text...

thread Economy

US: IMF approves US$3.47bn liquidity line to propel Morocco’s economic progress

02 august 2016 - 19:33:29
Washington, DC, US (PANA) – Morocco has secured a two-year, $3.47 billion liquidity line for continuing its economic reforms and [...] Full text...

thread Economy

Nigeria: Ex-president Jonathan's finance minister, Okonjo-Iweala, FG, to account for missing N30 trillion

22 may 2016 - 15:18:00
Lagos, Nigeria IPANA) - The Federal High Court sitting in Lagos, Nigeria, has ordered former Minister of Finance, Dr. Ngozi [...] Full text...

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US: Algeria seeks to reshape economy as oil revenues decline

20 may 2016 - 08:09:06
wWashington, D.C., U.S. (PANA) - Algeria’s economy is facing a severe and likely long-lasting external shock, calling for a vigorous [...] Full text...

thread Economy