IMF mission concludes visit to Egypt on review of Extended Fund Facility

21 november 2024 - 08:47:30
Cairo, Egypt (PANA) – Egyptian authorities and the International Monetary Fund (IMF) staff have made “substantial progress” on policy discussions [...] Full text...

thread Economy

Debt burden stifles development spending in Africa's poorer countries

19 november 2024 - 15:44:43
Addis Ababa, Ethiopia (PANA) - Africa’s rising debt burden is eroding funding for sustainable development in poor countries, impacting heavily [...] Full text...

thread Economy

South Africa to receive G20 presidency this week

18 november 2024 - 08:42:37
Rio de Janeiro, Brazil (PANA) – South Africa's President, Cyril Ramaphosa, on Sunday night arrived in Brazil where he will [...] Full text...

thread Politics

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

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

thread Economy

IMF reaches staff-level deal with DRC on ECF, RSF for US$ 1.77 billion

14 november 2024 - 08:35:29
Kinshasa, DR Congo (PANA) – Authorities in the Democratic Republic of Congo (DRC) and a mission of the International Monetary [...] Full text...

thread Economy

COP29: Energy transition must not trigger a ‘stampede of greed’ that crushes the poor

13 november 2024 - 12:09:09
Baku, Azerbaijan (PANA) - Climate talks at COP29 in Baku on Wednesday turned to the pressing issue of how to [...] Full text...

thread Environment

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

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

thread Economy

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

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

thread Economy

IMF staff, Niger authorities concur on sixth review of economic programme under ECF

12 november 2024 - 11:05:01
Niamey, Niger (PANA) - Niger’s economic outlook is favourable over the near term, with growth projected at 8.8 percent this [...] Full text...

thread Economy

Investing in health: Time for a rethink: World Bank Blog By Christoph Kurowski, Martin Schmidt and David B. Evans

09 november 2024 - 09:56:14
Washington DC, United States (PANA) – Countries are entering a critical phase in achieving the health Sustainable Development Goals (SDGs), [...] Full text...

thread Health

World’s largest urban development forum concludes with Cairo Call to Action

09 november 2024 - 05:35:36
Cairo, Egypt (PANA) - The twelfth edition of the World Urban Forum wrapped up on Friday with the adoption of [...] Full text...

thread Society

IMF issues preliminary statement on assessment of Congo’s financial stability

08 november 2024 - 08:16:18
Washington, DC, United States (PANA) - International Monetary Fund (IMF) staff is engaging with the Republic of Congo authorities to [...] Full text...

thread Economy

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

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

thread Economy

Climate action essential to Senegal’s upper-middle-income country aspiration, says new report

06 november 2024 - 09:07:30
Dakar. Senegal (PANA) - A new World Bank Group report highlights the significant economic and social benefits of climate action [...] Full text...

thread Economy

Prince William to host 2024 Earthshot Prize in Cape Town

04 november 2024 - 11:06:23
Cape Town, South Africa (PANA) – UK's Prince William is due to arrive in Cape Town on Monday ahead of the [...] Full text...

thread Environment

IMF Executive Board approves US$248.5 million for Sierra Leone

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

thread Economy

World Cities Day calls for youth-led local change

01 november 2024 - 06:42:54
New York, US (PANA) - Despite international progress towards achieving the Sustainable Development Goals (SDGs), cities, particularly in the Global [...] Full text...

thread Society

IMF concludes reviews with Kenya

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

thread Economy

South Africa: Ramaphosa salutes Shirley Ayorkor Botchwey on her Commonwealth appointment

30 october 2024 - 06:57:12
Cape Town, South Africa (PANA) – President Cyril Ramaphosa on Wednesday extended his personal congratulations and those of the South [...] Full text...

thread Politics

Togo advances reforms, pursues sound economic policies: IMF

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

thread Economy

IMF Managing Director outlines global policy agenda

25 october 2024 - 11:09:16
Washington, DC, United States (PANA) - The global economy is in danger of getting stuck on a low-growth, high-debt path, [...] Full text...

thread Economy

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

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

thread Economy

How high economic uncertainty may threaten global financial stability: IMF Blog By Mario Catalán, Andrea Deghi and Mahvash S. Qureshi

20 october 2024 - 14:53:14
Washington, DC, United States (PANA) - Uncertainty is not as easily measured as traditional indicators like growth or inflation, but [...] Full text...

thread Economy

IMF staff urge strong governance, speedy reforms for inclusive growth in Madagascar

19 october 2024 - 09:42:53
Antananarivo, Madagascar (PANA) - Strengthening governance and accelerating reforms to bolster resilience to climate shocks and attract climate finance for [...] Full text...

thread Economy

IMF completes first review of Ethiopia’s ECF arrangement, allows $340.7 million disbursement

19 october 2024 - 08:43:02
Addis Ababa, Ethiopia (PANA) – The International Monetary Fund (IMF) Board on Friday completed the first review under the Extended [...] Full text...

thread Economy

Burkina Faso formally accepts WTO agreement on fisheries subsidies

18 october 2024 - 12:57:45
Geneva, Switzerland (PANA) - Burkina Faso Burkina Faso has formally accepted the World Trade Organization’s Agreement on Fisheries Subsidies, which [...] Full text...

thread Environment

IMF, reach staff level deal on review of ECF and RSF before approval of more financial support

18 october 2024 - 07:53:28
Dar es Salaam, Tanzania (PANA) - Tanzanian authorities and the International Monetary Fund (IMF) have reached staff-level agreement on the [...] Full text...

thread Economy

IMF team assesses Senegal’s finance inspectorate reports

17 october 2024 - 12:26:35
Dakar, Senegal (PANA) - An International Monetary Fund (IMF) staff team has started assessing in Senegal the implications of the [...] Full text...

thread Economy

Zambia’s drought impact stuns IMF staff team

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

thread Economy

IMF staff completes 2024 Article IV Consultation Mission to Chad

16 october 2024 - 10:56:27
N’Djamena, Chad (PANA) - Chad’s economic growth, after increasing to 4.9 percent in 2023, is expected to moderate this year, [...] Full text...

thread Economy

World Bank economic update proposes policy options to promote Gabon’s forest conservation

14 october 2024 - 15:03:26
Libreville, Gabon (PANA) - Gabon experienced lower growth in 2023 (2.4%) amid transport disruptions that impacted wood and manganese production, [...] Full text...

thread Economy

EU urges action to combat desertification for a sustainable future

14 october 2024 - 14:39:11
Brussels, Belgium (PANA) - The Council of the European Union has adopted conclusions addressing the urgent challenges posed by desertification, [...] Full text...

thread Environment

Countdown to first-ever FIFA Beach Soccer World Cup in Africa

14 october 2024 - 05:56:22
Victoria, Seychelles (PANA) - On 1 May, 2025, the highly awaited FIFA Beach Soccer World Cup IN Seychelles will officially [...] Full text...

thread Sports

AfDB, AFD cement partnership to support youth entrepreneurship in Africa

13 october 2024 - 05:11:55
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank Group and Agence Française de Développement (AFD) have announced they would [...] Full text...

thread Economy

IMF and WBG announce Tanzania is second beneficiary of Enhanced Cooperation Framework for Climate Action

11 october 2024 - 18:03:53
Dar es Salaam, Tanzania (PANA) - The World Bank Group (WBG) and the International Monetary Fund (IMF) have announced Tanzania [...] Full text...

thread Environment

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

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

thread Economy

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

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

thread Economy

Equatorial Guinea Economic Update: Designing fiscal instruments for sustainable forestry

08 october 2024 - 10:14:38
Malabo, Equatorial Guinea (PANA) -  The World Bank has issued the 2024 Equatorial Guinea Economic Update which analyses the country’s [...] Full text...

thread Economy

Why women risk losing out in shift to green jobs: IMF Blog By tefania Fabrizio, Florence Jaumotte, and Marina M. Tavares

08 october 2024 - 07:01:27
Washington, DC, United States (PANA) - Men hold about 70 percent of the world’s polluting jobs, so one might think [...] Full text...

thread Economy

IMF, WB, WHO step up cooperation on pandemic preparedness

06 october 2024 - 05:59:49
Washington, DC, US (PANA) - The Heads of the International Monetary Fund (IMF), the World Bank Group (WBG), and the [...] Full text...

thread Health

Rights expert urges universities to respect pro-Palestinian protests

06 october 2024 - 05:51:53
Geneva, Switzerland (PANA) - Universities must respect peaceful activism and revise repressive policies targeting the pro-Palestinian solidarity movement on their [...] Full text...

thread Society

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

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

thread Economy

Building roads to build peace: Our experience in the Central African Republic: World Bank Blog By Papa Modou Ndiaye, Francis Ovanda Mbele and Abdoulaye Sylla

03 october 2024 - 08:14:12
Bangui, Central African Republic (PANA) - The Emergency Infrastructure and Connectivity Recovery Project (EICRP) is transforming the northeastern regions of [...] Full text...

thread Economy

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

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

thread Economy

South Africa, Lesotho repair massive water tunnel

02 october 2024 - 06:49:37
Cape Town, South Africa (PANA) – The South African and Lesotho Governments on Monday closed the massive Lesotho Highlands Water [...] Full text...

thread Society

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

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

thread Economy

Subdued outlook constrains Eswatini’s ability to respond to social needs: IMF

01 october 2024 - 07:53:37
Mbabane, Eswatini (PANA) – On the back of a post-pandemic rebound and favourable export prices, real GDP growth in Eswatini [...] Full text...

thread Economy

US congratulates Nigeria on 64th independence anniversary

01 october 2024 - 06:37:21
Washington, DC, US (PANA) - The US has congratulated the people of Nigeria on the 64th independence anniversary which falls [...] Full text...

thread Politics

Niger anticipates economic recovery on from oil revenues

01 october 2024 - 05:55:54
Niamey, Niger (PANA) - Niger's economy is set to rebound after a year marked by an unprecedented political crisis. However, [...] Full text...

thread Economy

Djibouti's economy shows strong growth in 2023 despite fiscal challenges

30 september 2024 - 10:19:49
Djibouti, Djibouti (PANA) - Djibouti’s economy achieved an impressive rebound in 2023, outperforming forecasts with GDP growth estimated at 6.7 [...] Full text...

thread Economy

UN, EU and World Bank Group join forces to end violence against women and girls

27 september 2024 - 07:23:11
New York, United States (PANA) - The United Nations, European Commission, and World Bank Group will make gender equality and [...] Full text...

thread Gender

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

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

thread Society

IMF approves 40-month US$210 million ECF for Liberia

26 september 2024 - 10:06:01
Monrovia, Liberia (PANA) - The Board of the International Monetary Fund (IMF) has approved US$210 million as an Extended Credit [...] Full text...

thread Economy

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

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

thread Economy

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

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

thread Economy

Sierra Leone, IMF reach staff-level deal on new ECF arrangement

21 september 2024 - 09:27:33
Freetown, Sierra Leone (PANA) - The International Monetary Fund (IMF) staff and the Sierra Leonean authorities have reached a staff-level [...] Full text...

thread Economy

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

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

thread Society

Political parties of all stripes are pushing for higher government spending: IMF Blog By Era Dabla-Norris, Enrico Di Gregorio, and Yongquan Cao

17 september 2024 - 10:49:24
Washington, DC, United States (PANA) - Conservative politics has traditionally been defined by its emphasis on fiscal prudence and the [...] Full text...

thread Politics

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

U.S.-Nigeria Strategic Energy Dialogue highlights key bilateral cooperation

12 september 2024 - 05:43:11
Washington, DC, US (PANA) - The delegations at the inaugural U.S.-Nigeria Strategic Energy Dialogue taking place in Washington, DC, on [...] Full text...

thread Economy

IMF Executive Board finds Botswana’s financial sector sound, stable, and resilient

11 september 2024 - 10:34:26
Gaborone, Botswana (PANA) – Due to a diamond market contraction,   Botswana’s economic growth is expected to slow to 1 percent [...] Full text...

thread Economy

US Department of State hosts inaugural U.S.-Nigeria Strategic Energy Dialogue

11 september 2024 - 05:54:20
Washington, DC, US (PANA) - the US Bureau of Energy Resources (ENR) Assistant Secretary Geoffrey R. Pyatt, will lead the [...] Full text...

thread Economy

Product market reforms, improved business environment essential vital for South Africa’s trade: IMF

05 september 2024 - 12:36:43
Pretoria, South Africa (PANA) - While South Africa needs product-market reforms and improving business environment by removing obstacles to trade, [...] Full text...

thread Economy

Despite declining growth South Africa can repay IMF, Board concludes

05 september 2024 - 11:21:07
Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) concluded the Post Financing Assessment [...] Full text...

thread Economy

Strengthening fiscal resilience in small states: World Bank Blog By Sam Hill and Jeetendra Khadan

04 september 2024 - 12:05:32
Washington DC, United states (PANA) - Small states, those with a population of 1.5 million or less, face significant fiscal [...] Full text...

thread Economy

CAF President, University of Cape Town Leadership launch CAF Football Management Executive Programme

03 september 2024 - 05:52:42
Cape Town, South Africa (PANA) - The Confederation of African Football (CAF) President, Dr Patrice Motsepe, together with the University [...] Full text...

thread Sports

Financial sector at crossroads in emerging markets: Climate risks and financing gaps demand action

30 august 2024 - 06:55:38
Washington, DC, United States (PANA) -  In almost 60% of banks in Emerging Market and Developing Economies (EMDEs), lending for [...] Full text...

thread Economy

Urbanization has led to increased slum populations, poverty, and inequalityFeature by Oumar Sylla)

29 august 2024 - 19:50:10
Nairobi, Kenya (PANA) - Urbanization has led to increased slum populations, poverty, and inequality. Informal employment dominates, with 85.8% of [...] Full text...

thread Environment

Transforming African cities: The Maiden Africa Urban Forum (Feature by Oumar Sylla)

29 august 2024 - 18:58:26
Nairobi, Kenya (PANA) - The upcoming Africa Urban Forum from September 4 to 6, 2024, in Addis Ababa offers an [...] Full text...

thread Society

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

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

thread Health

IMF approves US$7.3 million disbursement to Guinea Bissau

29 august 2024 - 12:31:51
Bissau, Guinea Bissau (PANA) – The International Monetary Fund (IMF) has allowed an immediate disbursement of US$7.3 million to help [...] Full text...

thread Economy

IMF, Liberia reach staff-level agreement on new 40-month Extended Credit Facility Arrangement

27 august 2024 - 07:48:04
Washington, DC, US (PANA) - International Monetary Fund staff and the Liberian authorities have reached a staff-level agreement on a [...] Full text...

thread Economy

Lessons from Zambia: Improving sanitation through planning, awareness-building, and collaboration: World Bank Blog By Francis Ghesquiere and Ai-Ju Huang

22 august 2024 - 11:40:32
Lusaka, Zambia (PANA) - We’re excited to share lessons from our recent work on the Lusaka Sanitation Project in Zambia [...] Full text...

thread Health

‘Break the cycle of violence’ through prevention and peacebuilding, Security Council told

21 august 2024 - 19:49:42
New York, US (PANA) - Violence cost the world nearly $20 trillion last year, but investment in peace and conflict [...] Full text...

thread Society

Kenya Airways returns to profitability after a decade

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

thread Economy

Designing sustainable participatory processes: Lessons from Kenya: World Bank Blog By Annette Akinyi Omolo and Helene Carlsson Rex

16 august 2024 - 07:39:53
Nairobi, Kenya (PANA) - In Kenya, public participation is both a cornerstone of sustainable development and a right enshrined in [...] Full text...

thread Society

Congo designs fiscal instruments for sustainable forestry, economic growth

14 august 2024 - 07:42:44
Brazzaville, Congo (PANA) – Republic of Congo’s economy is gradually recovering, with GDP growth estimated at 1.9% in 2023, according [...] Full text...

thread Economy

AfDB mobilises over 92m euros to support entrepreneurship, job creation in Tunisia

13 august 2024 - 06:03:16
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a financing package [...] Full text...

thread Economy

Scaling behavioural interventions in cash transfer programme: Success story from Ghana: World Bank Blog By Christabel E. Dadzie and Mukta Joshi

07 august 2024 - 08:26:10
Accra, Ghana (PANA) - Cash transfer programmes have significantly reduced poverty over the years. The World Bank's Social Protection and [...] Full text...

thread Society

New World Bank grant to benefit 80,000 students in São Tomé and Príncipe

03 august 2024 - 09:58:17
Washington, United States (PANA) - To safeguard the progress achieved in the education sector against challenges posed by the current [...] Full text...

thread Society

Somalia taps World Bank support to promote economic resilience

31 july 2024 - 07:50:28
Mogadishu, Somalia (PANA) - The World Bank’s Board of Executive Directors has approved Development Policy Financing (DPF) that introduces for [...] Full text...

thread Economy

IMF Executive Board approves four-year US$3.4 billion Extended Credit Facility arrangement for Ethiopia

30 july 2024 - 11:47:18
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a four-year arrangement under [...] Full text...

thread Economy

Kenyan climate scientists discover groundbreaking Turkana Jet influencing drought patterns

29 july 2024 - 17:19:23
By Kennedy AbwaoNairobi, Kenya (PANA) – Climate scientists from the University of Nairobi (UoN) have discovered a new climate pattern [...] Full text...

thread Environment

IMF management approves Staff Monitored Programme for Equatorial Guinea

25 july 2024 - 11:07:04
Washington, DC, United States (PANA) - Management of the International Monetary Fund (IMF) on Wednesday approved a 12-month non-financing Staff [...] Full text...

thread Economy

Malawi Economic Monitor calls for urgent, sustained reforms for faster, more inclusive growth

25 july 2024 - 07:40:09
Lilongwe, Malawi (PANA) - Malawi’s current economic difficulties require a combination of immediate response measures and urgent reforms to address [...] Full text...

thread Economy

New partnership framework for Cameroon focuses on more jobs, effective service delivery for all

24 july 2024 - 08:04:33
Yaoundé, Cameroon (PANA) – The World Bank Group (WBG) announced a new Country Partnership Framework (CPF) for Cameroon, which will [...] Full text...

thread Economy

Forests face increasing risk of wildfires and pests due to climate change

23 july 2024 - 07:29:02
Rome, Italy (PANA) - The world’s forests are becoming increasingly susceptible to wildfires and pests due to climate change, according [...] Full text...

thread Agriculture

Stakeholders conclude key AfDB workshop on Connectivity Portal

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

thread Economy

AfDB chief warns Nigeria’s food import policy could destroy its agriculture

13 july 2024 - 18:42:57
Abuja, Nigeria (PANA) - The President of the African Development Bank (AfDB) Group, Dr. Akinwumi Adesina, has said the decision [...] Full text...

thread Agriculture

UN Trade and Development calls for sustainable and equitable strategies to mitigate digital economy’s growing environmental impact

12 july 2024 - 19:07:48
Geneva, Switzerland (PANA) - A global shift towards circularity focusing on responsible production and consumption is crucial to making the [...] Full text...

thread

World Bank Group launches framework for inclusive, private sector-led, resilient growth in Tanzania

12 july 2024 - 10:58:44
Dar es Salaam, Tanzania (PANA) - The World Bank Group’s (WBG) Board of Executive Directors has endorsed the new Country [...] Full text...

thread Economy

Seeking new pathways to green growth in Malawi: World Bank By Qursum Qasim and Efrem Chilima

10 july 2024 - 11:36:35
Lilongwe, Malawi (PANA) - With the recent declaration of a drought in 23 of its 28 districts, Malawi once again [...] Full text...

thread Economy

Preserving the Congo Basin forest: Game changer for Africa and the world: World Bank Blog By Cheick Fantamady Kanté

05 july 2024 - 07:16:34
Brazzaville, Congo (PANA) - As African leaders convene in Brazzaville to discuss the forest agenda, it is crucial to reflect [...] Full text...

thread Environment

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

Green Zambia: Financing a liveable future: World Bank Blog By Qursum Qasim

03 july 2024 - 12:12:54
Lusaka, Zambia (PANA) - Green is the new buzzword, but what does greening industry and the financial sector mean in [...] Full text...

thread Economy

EU-Kenya trading treaty enters into force after nearly two decades of talks

02 july 2024 - 22:20:12
Nairobi, Kenya (PANA) - The trading treaty between Kenya and the European Union under the Economic Partnership Agreement (EPA), entered [...] Full text...

thread Economy

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

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

thread Economy

IMF concludes 2024 Article consultation with Benin

28 june 2024 - 11:36:18
Washington, DC, USA (PANA) - The Executive Board of the International Monetary Fund (IMF) has concluded the 2024 Article IV [...] Full text...

thread Economy

IMF staff completes 2024 Article IV mission to Zimbabwe

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

thread Economy

Sovereign debt restructuring process improving amid cooperation and reform: IMF Blog By Ceyla Pazarbasioglu

27 june 2024 - 10:23:36
Washington, DC, United States (PANA) - The global economy avoided what could have been a systemic debt crisis during the [...] Full text...

thread Economy

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

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

thread Economy

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

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

thread Economy

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

WEF identifies top 10 emerging technologies to address global challenges

25 june 2024 - 08:05:50
Dalian, China (PANA) - The World Economic Forum on Tuesday published its annual Top 10 Emerging Technologies Report featuring technologies [...] Full text...

thread Sciences

World Bank offers US$700 million to help Egypt achieve sustainable, diversified and resilient growth

24 june 2024 - 08:13:39
Washington, DC, United States (PANA) - The World Bank has announced US$700 million in Development Policy Financing (DPF) for the [...] Full text...

thread Economy

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

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

thread Economy

Madagascar: First country to benefit from Enhanced Cooperation Framework for Scaled-Up Climate Action

22 june 2024 - 10:58:49
Washington, DC, United States (PANA) - The World Bank Group (WBG) and International Monetary Fund (IMF) have announced that the [...] Full text...

thread Environment

IMF traces signs of macroeconomic stabilisation in Comoros

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

thread Economy

Import of alcoholic beverages up in Ghana

21 june 2024 - 12:10:51
Accra, Ghana (PANA) - Alcoholic beverages imported into Ghana increased from $56 million in 2019 to $87 million in 2023.Due [...] Full text...

thread Society

IMF Board approves US$ 149.4 million budget support for Tanzania

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

thread Economy

Global survey reveals ‘truly astonishing’ consensus for stronger climate action

21 june 2024 - 07:24:26
New York, US (PANA) - The overwhelming majority of people around the world want an end to geopolitical differences when [...] Full text...

thread Environment

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

Honour the strength, courage of refugees, urges UN chief

20 june 2024 - 06:24:12
New York, US (PANA) - Conflict, climate chaos and upheaval have forced more than 120 million people from their homes [...] Full text...

thread Society

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

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

thread Economy

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

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

thread Economy

UNEP: Some chemical pollutants reducing in humans and environment, but new ones keep popping up

17 june 2024 - 14:02:42
Nairobi, Kenya (PANA) - A comprehensive global study of Persistent Organic Pollutants (POPs) – health-endangering chemicals that stay in the [...] Full text...

thread Environment

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

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

thread Economy

Finland signs funding deal with TradeMark Africa to enhance trade in Africa

14 june 2024 - 19:28:46
Naivasha, Kenya (PANA) - To unlock Africa’s economic potential through reducing the time and cost of cross-border trade, the Finnish [...] 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

AfDB strengthens capacity of fragile states on debt management

13 june 2024 - 10:36:49
Addis Ababa, Ethiopia (PANA) - The African Development Bank (AfDB) Group has launched a series of training programmes to support [...] Full text...

thread Economy

IMF team, Kenya reach staff-level deal on reviews of EFF, ECF arrangements

12 june 2024 - 10:21:16
Nairobi, Kenya (PANA) - Kenya’s economic growth recovered in 2023 with real GDP growing by 5.6 percent, supported by a [...] Full text...

thread Economy

IMF urges South Sudan to uphold prudent macroeconomic policies

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

thread Economy

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

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

thread Economy

Cape Verde must invest in blue economy for growth, sustainability

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

thread Economy

IMF, Egypt reach staff level deal on third review of EFF arrangement

07 june 2024 - 11:10:31
Cairo, Egypt (PANA) - While geopolitical tensions and their impact on Egypt remain challenging, the country’s authorities have stayed the [...] Full text...

thread Economy

World Economic Forum announces 2024 Technology Pioneers

06 june 2024 - 09:01:25
Geneva, Switzerland (PANA) – The World Economic Forum (WEF) announced on Thursday the 2024 cohort of Technology Pioneers, with predominant [...] Full text...

thread Sciences

IMF reaches staff-level deal on third review of Zambia’s ECF

05 june 2024 - 13:52:47
Lusaka, Zambia (PANA) - The International Monetary Fund (IMF) and Zambia have reached a staff-level agreement on economic policies and [...] Full text...

thread Economy

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

05 june 2024 - 10:32:26
Nouakchott, Mauritania (PANA) – Mauritania’s economic growth in 2024 is expected to improve, while inflation has slowed down significantly. However, the [...] Full text...

thread Economy

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

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

thread Economy

Seychelles withstands climate shocks, continued volatility in external environment

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

thread Economy

IMF must listen to the needs of its global membership and adapt to emerging challenges: IMF Regional Perspectives By William Ruto, President of Kenya

03 june 2024 - 17:24:44
Nairobi, Kenya (PANA) - For over eight decades, the International Monetary Fund (IMF) has stood as a pillar of global [...] Full text...

thread Economy

Libya takes part in ministerial preparatory meeting for the Africa-South Korea summit

02 june 2024 - 14:14:24
Tripoli, Libya (PANA) - Al-Taher Al-Baour, head of the Libyan Ministry of Foreign Affairs and International Cooperation in the government [...] Full text...

thread Politics

IMF, Niger reach staff-level deal on reviews of ECF and RSF

01 june 2024 - 18:05:10
Niamey, Niger (PANA) - With the economic outlook promising over the near and medium term, the International Monetary Fund (IMF) [...] Full text...

thread Economy

World Bank Group and IMF deepen joint effort to scale up climate action

01 june 2024 - 08:35:56
Washington, DC, USA (PANA) - The World Bank Group (WBG) and the International Monetary Fund (IMF) are deepening their cooperation [...] Full text...

thread Environment

AfDB stresses need for responsible, innovative solutions for African debt management

01 june 2024 - 07:56:51
Nairobi, Kenya (PANA) - It is essential to find innovative solutions for managing the debt of African countries, taking proactive [...] Full text...

thread Economy

Stronger control efforts help to lower tobacco use in African region

31 may 2024 - 13:01:51
Brazzaville, Congo (PANA) – Tobacco use among adolescents in the African region declined by nearly 18% between 2020 and 2022, [...] Full text...

thread Health

World Bank assists Kenya to ease short-term fiscal pressures

31 may 2024 - 10:07:18
Nairobi, Kenya (PANA) - The World Bank has approved new funding to help Kenya address short-term fiscal pressures and simultaneously [...] Full text...

thread Economy

IMF Board concludes first review of ECF for Somalia

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

thread Economy

EC takes final step to allow implementation of EU-Kenya Economic Partnership Agreement

30 may 2024 - 09:30:30
Brussels, Belgium (PANA) – The European Council on Thursday adopted a decision on the conclusion of the EU-Kenya Economic Partnership [...] 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

IMF welcomes Gabon’s rebound in economic growth

29 may 2024 - 14:10:19
Libreville, Gabon (PANA) - The Executive Board of the International Monetary Fund (IMF) has welcomed Gabon’s rebound in growth and [...] Full text...

thread Economy

Global economic outlook is brightening but political risks loom large in 2024

29 may 2024 - 13:20:33
Geneva, Switzerland (PANA) - The latest Chief Economists Outlook released on Wednesday presents a growing sense of cautious optimism about [...] Full text...

thread Economy

Tourism is back to pre-pandemic levels, but challenges remain: WEF report

21 may 2024 - 09:02:36
New York, USA (PANA) - International tourist arrivals and the travel and tourism sector’s contribution to global GDP are expected [...] Full text...

thread Economy

IMF reaches staff-level deal with Tanzania on RSF, third review of ECF

18 may 2024 - 08:47:38
Dar es Salaam, Tanzania (PANA) – Tanzania’s authorities and the International Monetary Fund (IMF) have reached staff-level agreement on a [...] Full text...

thread Economy

IMF staff complete visit to Mozambique

17 may 2024 - 08:09:30
Maputo, Mozambique (PANA) - An International Monetary Fund (IMF) team, led by Mr. Pablo Lopez Murphy, had discussions with the [...] Full text...

thread Economy

Global economic growth improves but ‘downsides’ lurk

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

thread Economy

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

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

thread Economy

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

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

thread Economy

IMF, Zambian officials discuss economic impact of current drought

09 may 2024 - 16:11:48
Lusaka, Zambia (PANA) - Zambian officials and the International Monetary Fund (IMF) staff have advanced technical work as part of [...] Full text...

thread Economy

CAF signs MoU with South African University to train African Football Administrators

09 may 2024 - 07:57:32
Cairo, Egypt (PANA) - The Confederation of African Football (CAF) on Wednesday signed a landmark Memorandum of Understanding (MoU) with [...] Full text...

thread Sports

Tunisia's sustained recovery requires quick action to take advantage of opportunities

09 may 2024 - 07:49:55
Tunis, Tunisia (PANA) - Tunisia's economic recovery slowed in 2023, due to a severe drought, tight financing conditions and a [...] Full text...

thread Economy

Libya chairs Arab discussion group at mine action session

08 may 2024 - 17:57:04
Tripoli, Libya (PANA) - The Libyan Mine Action Centre (LibMAC) chaired the Arab Discussion Group of the "National Directors' Day" [...] Full text...

thread Social

Strong foundation for adaptive social protection in Liberia: Building the Liberia Household Social Registry: World Bank Blog By Mitja Del Bono

07 may 2024 - 15:39:04
Monrovia, Liberia (PANA) - Social registries, defined as information systems that support intake, registration, and eligibility assessment processes for social [...] Full text...

thread Society

IMF Executive Board approves US$71 million in Emergency Financing Support for Guinea

07 may 2024 - 05:41:13
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday approved a disbursement of SDR [...] Full text...

thread Economy

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

IMF team reaches staff-level deal with Mali on rapid credit

01 may 2024 - 09:26:17
Bamako, Mali (PANA) – International Monetary Fund (IMF) staff and the Malian authorities have reached a staff-level agreement on emergency [...] Full text...

thread Economy

Algeria hosts second regional CAF Club Licensing Workshop 2024

01 may 2024 - 07:25:40
Algiers, Algeria (PANA) - Following a successful kick off to the CAF Club Licencing Regional Workshop 2024 in Mauritania, Algeria [...] Full text...

thread Sports

Libya and IDB sign agreement to support SMEs

30 april 2024 - 13:57:42
Tripoli, Libya (PANA) - Libya has signed an agreement with the Islamic Development Bank Group (IDB) to create a development [...] Full text...

thread Economy

UN reviews progress and challenges 30 years after landmark population conference

30 april 2024 - 07:35:24
Cairo, Egypt (PANA) - Global progress towards sustainable development will continue to stall unless countries do more to bridge the [...] Full text...

thread Economy

Forum on Sustainable Development recommends taking advantage of demographics for sustainable investments

29 april 2024 - 19:20:57
Addis Ababa, Ethiopia (PANA) - Participants at the 10th African Regional Forum on Sustainable Development (ARFSD) have recommended taking advantage [...] Full text...

thread Society

General Assembly President raises alert over ‘commodity dependence’

27 april 2024 - 05:41:32
New York, US (PANA) - The President of the General Assembly on Friday called for Member States and stakeholders to [...] Full text...

thread Economy

Niger sets out five priorities for Africa to achieve SDGs

23 april 2024 - 13:09:24
Addis Ababa, Ethiopia (PANA) - Niger's Minister of Water, Sanitation and the Environment, Maizama Abdoulaye, has set out five priorities [...] Full text...

thread Economy

Sierra Leone needs to manage its debt on sustainable path: IMF

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...

thread Economy

UN chief urges ‘surge in investment’ to overcome $4 trillion financing gap

22 april 2024 - 17:45:44
New York, US (PANA) - The UN Secretary-General on Monday called for a “surge in investment” to give developing countries [...] Full text...

thread Economy

Former Malawian President Banda calls for climate action

22 april 2024 - 14:29:55
Addis Ababa, Ethiopia (PANA) - The former Malawian president, Joyce Banda, has called for a change in the way things [...] Full text...

thread Environment

Heatwave deaths increased across almost all Europe in 2023, says UN weather agency

22 april 2024 - 12:06:53
Geneva, Switzerland (PANA) - Climate change shocks caused record levels of disruption and misery for millions in Europe in 2023 [...] Full text...

thread Environment

Mixed efforts to achieve energy goals highlighted at end of Sustainability Week

20 april 2024 - 07:50:15
New York, US (PANA) - The President of the UN General Assembly called for the acknowledgement of mixed efforts to [...] Full text...

thread Economy

UN Assembly President calls for massive investment in sustainable infrastructure

19 april 2024 - 05:26:13
New York, US (PANA) - The President of the UN General Assembly on Thursday underscored the critical need for resilient [...] Full text...

thread Economy

Embrace innovation ‘to make sustainable transport a reality for all’

18 april 2024 - 05:50:20
New York, US (PANA) - Reducing the transport sector’s impact on the environment while improving access to service, especially in [...] Full text...

thread Economy

Why our world needs fiscal restraint in biggest-ever election year: IMF Blog By Era Dabla-Norris, Vitor Gaspar, Marcos Poplawski-Ribeiro, Jiae Yoo

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...

thread Economy

Tourism ‘intrinsically susceptible’ to climate shocks, political unrest, pandemic threat

17 april 2024 - 05:42:47
New York, US (PANA) - The President of the UN General Assembly on Tuesday highlighted the urgent need to boost [...] Full text...

thread Economy

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

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

thread Economy

Libyan government of national unity discusses investment guarantees with MIGA

16 april 2024 - 18:40:25
Tripoli, Libya (PANA) - A high-level delegation from the Libyan government of national unity has discussed with the management of [...] Full text...

thread Economy

UN leaders urge ‘wholesale reform’ of global financial architecture

16 april 2024 - 06:13:40
New York, US (PANA) - The Secretary-General and President of the General Assembly on Monday led the clarion call for [...] Full text...

thread Economy

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

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

thread Environment

IMF acknowledges Ghana’s strong performance under ECF arrangement

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

thread Economy

IMF Board selects Kristalina Georgieva for second term as Managing Director

13 april 2024 - 09:52:56
Washington, DC, USA (PANA) - The International Monetary Fund (IMF) has in recent years helped member countries to navigate successive [...] Full text...

thread Society

World must prioritise productivity reforms to revive medium-term growth: IMF Blog By Nan Li, Diaa Noureldin

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...

thread Economy

World Bank Group announces new approach to measuring impact

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...

thread Society

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

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

thread Economy

Global deployment of rapid diagnostic tests will boost fight against cholera

05 april 2024 - 14:15:34
Geneva, Switzerland (PANA) - The World Health Organization (WHO) said here Friday that more than 1.2 million cholera rapid diagnostic [...] Full text...

thread Health

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

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

thread Economy

Algerian economy struggles with persistent inflation - IMF

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

thread Economy

Fiscal and financial risks of high debt, slow-growth world: IMF Blog By Tobias Adrian, Vitor Gaspar, Pierre-Olivier Gourinchas

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...

thread Economy

US to launch Nursing Leadership Initiative across seven African countries

25 march 2024 - 07:52:22
Washington, DC, US (PANA) - The US will on Monday launch the President’s Emergency Plan for AIDS Relief (PEPFAR) Nursing [...] Full text...

thread Health

IMF concludes 2024 discussions on common policies of WAEMU member countries

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...

thread Economy

Mauritius launches recycling plant

19 march 2024 - 08:01:36
Port-Louis, Mauritius (PANA) – Mauritius on Tuesday launched the PIM Recycling Ltd In the context of the Global Recycling Day, aiming [...] Full text...

thread Environment

FIFA picks Qatar, Morocco to host 5 youth World Cups as Middle East, North Africa influence grows

18 march 2024 - 10:26:55
Geneva, Switzerland (PANA) - FIFA has awarded 10 editions of its Under-17 World Cups, to be hosted by Qatar and [...] Full text...

thread Sports

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

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

thread Economy

IMF approves US$1.3 billion under RSF for Cote d’Ivoire

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...

thread Economy

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

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

thread Economy

IMF approves US$120 million credit for Uganda’s recovery from recent shocks

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...

thread Economy

Earth’s ‘life support system’ is being destroyed by global business paradigm, UN expert warns

07 march 2024 - 07:16:43
Geneva, Switzerland (PANA) - The UN independent expert on human rights and the environment on Wednesday called for an urgent [...] Full text...

thread Environment

IMF, Egyptian authorities reach staff-level deal on EFF arrangement review

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...

thread Economy

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

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

thread Society

Ghana's Finance ministry urges President to pause assent to anti-LGBTQ bill

04 march 2024 - 14:29:54
Accra, Ghana (PANA) - As the controversial the controversial anti-LGBTQI+ bill passed by Ghana's Parliament, which criminalises the promotion, advocacy, and funding [...] Full text...

thread Society

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

IMF avails US$390 million under ECF for poverty reduction in Togo

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...

thread Economy

From AI to fast fashion, ‘world’s environment parliament’ adopts bold action plans

02 march 2024 - 06:05:44
Nairobi, Kenya (PANA) - The UN Environment Assembly adopted a ministerial declaration as it wrapped up on Friday in the [...] Full text...

thread Environment

WB supports Somalia’s shift from fragility to resilience and growth

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...

thread Economy