IMF Executive Board completes first review under Extended Credit Facility arrangement for Togo

21 december 2024 - 09:59:30
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the first review of [...] Full text...

thread Economy

Kenya's Ruto names key ally to Interior Ministry post in mini-Cabinet reshuffle

19 december 2024 - 20:03:03
Nairobi, Kenya (PANA) - Kenyan President William Ruto named his key ally, Kipchumba Murkomen, to the pivotal post of Interior [...] Full text...

thread Politics

South Africa's former finance minister to head G20 Africa Expert Panel

17 december 2024 - 06:24:34
Cape Town, South Africa (PANA) – South Africa’s former Finance Minister Trevor Manuel has been appointed to head the G20 [...] Full text...

thread Politics

Gold Outlook 2025 navigates a fine line influenced by rates, risk and growth

13 december 2024 - 12:41:19
London, UK (PANA) - Gold is poised for its best annual performance in more than a decade – up 28% [...] Full text...

thread Economy

US welcomes agreement to end Ethiopia, Somalia dispute over Somaliland port deal

13 december 2024 - 10:45:23
Washington, DC, US (PANA) - The United States welcomes the 11 December Declaration between the Federal Republic of Somalia and [...] Full text...

thread Politics

South Africa and Czech Republic strengthen ties

13 december 2024 - 08:39:36
Cape Town, South Africa (PANA) –  South Africa’s Trade, Industry and Competition Minister Parks Tau and the Deputy Prime Minister [...] Full text...

thread Economy

For poorest economies, next 25 years could prove decisive: World Bank

13 december 2024 - 07:26:40
Washington, DC, USA (PANA) - The next 25 years could prove decisive in determining whether the world’s 26 poorest countries [...] Full text...

thread Economy

Without course correction, 20 of 26 countries would remain poor through 2050 – World Bank study

12 december 2024 - 07:10:54
EMBARGOED: UNTIL THURSDAY, 12 DECEMBER, 2024, AT 2:00 PM UTC.Washington, DC, USA (PANA) - The next 25 years could prove [...] Full text...

thread Economy

South African President Ramaphosa hosts Angola's Lourenço

12 december 2024 - 06:53:58
Cape Town, South Africa (PANA) – South Africa's President Cyril Ramaphosa will on Thursday host President João Manuel Gonçalves Lourenço [...] Full text...

thread Politics

Housing Africa’s growing population: IMF Blog By Kecia Rust, Executive Director of Centre for Affordable Housing Finance in Africa

11 december 2024 - 11:04:15
Kumasi, Ghana (PANA) - Deeper understanding of informality and better use of technology can build more sustainable housing markets.Informality dominates [...] Full text...

thread Society

Paper and wood see 12 per cent fall in demand because of digital media

11 december 2024 - 04:50:42
Rome, Italy (PANA) - Global trade in wood and paper products has dropped steeply due to the rise of digital [...] Full text...

thread Agriculture

UN backed drive to produce electric vehicle batteries kicks off in Zambia

10 december 2024 - 20:42:19
Lusaka, Zambia (PANA) – A project to increase the production of batteries to power electric vehicles has been launched in [...] Full text...

thread Economy

African Continental Free Trade Area -- an opportunity to recharge investment, growth and jobs: World Bank Blog By Priyanka Kher, Xavier. Forneris, Eloïse Obadia, Madelynne Grace Wager

07 december 2024 - 08:56:02
Addis Ababa, Ethiopia (PANA) - The African Continental Free Trade Area (AfCFTA) offers a promising opportunity to revive stagnant investment [...] Full text...

thread Economy

Global trade set to reach new high, with opportunities and challenges for developing economies in 2025

06 december 2024 - 19:59:31
Geneva, Switzerland (PANA) - World trade is on track to hit a record $33 trillion in 2024, but risks of [...] Full text...

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Global trade to hit record $33 trillion in 2024, but uncertainties over tariffs loom

05 december 2024 - 19:36:35
Geneva, Switzerland (PANA) - Global trade is poised to hit a record $33 trillion in 2024, showcasing remarkable resilience despite [...] Full text...

thread Economy

Global trade set to reach new high, with opportunities and challenges for developing economies in 2025

05 december 2024 - 17:59:28
Geneva, Switzerland (PANA) -  Global trade is set to reach a record $33 trillion in 2024, according to the latest [...] Full text...

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African countries count on mineral boom to bolster large scale investment

05 december 2024 - 13:36:34
Rabat, Morocco (PANA) - African countries are relying on the mineral potential in the continent to attract large-scale investment into [...] Full text...

thread Economy

South Africa, Angola to hold high-level trade talks

05 december 2024 - 08:49:31
Cape Town, South Africa (PANA) – Opportunities to enhance trade and investment relations between South Africa and Angola will be [...] Full text...

thread Economy

Droughts: The ‘slow onset, silent killer’

03 december 2024 - 15:22:03
Riyadh, Saudi Arabia (PANA) - Droughts across the world are intensifying and have become a “slow onset, silent killer” to [...] Full text...

thread Environment

Ghana votes in 9th elections as it consolidates multi-party democracy

03 december 2024 - 13:39:05
Accra, Ghana (PANA) - Ghanaian voters go to the polls on Saturday, 7 December to elect a president and 276 [...] Full text...

thread Politics

Saudi Arabia, WBG establish Global Knowledge Hub in Riyadh

03 december 2024 - 11:19:27
Riyadh, Saudi Arabia (PANA) - The Kingdom of Saudi Arabia and the World Bank Group (WBG) signed an agreement on [...] Full text...

thread Society

South Africa and Nigeria strengthen ties

03 december 2024 - 07:21:05
Cape Town, South Africa (PANA) – South African President Cyril Ramaphosa will co-chair the 11th Session of the Bi-National Commission [...] Full text...

thread Politics

Unravelling the fragility trap in Central African Republic civil war: World Bank Blog By Pierre Mandon and Vincent Nossek

03 december 2024 - 07:16:48
Bangui, Central African Republic (PANA) - Rebuilding the social contract between the government and its citizens is essential for the [...] Full text...

thread Society

Senegal President Faye tells Frane to close military bases

30 november 2024 - 10:41:15
Dakar, Senegal (PANA) - Senegal’s President Bassirou Diomaye Faye said here Thursday France should close its military bases in the [...] Full text...

thread Politics

G7 FMs, EU reiterate commitment to support peace in Africa

26 november 2024 - 21:04:54
Washington, DC, US (PANA) - The G7 Foreign Ministers of Canada, France, Germany, Italy, Japan, the United Kingdom and the [...] Full text...

thread Politics

Trump ups the ante on tariffs, vowing massive taxes on goods from Mexico, Canada and China David Goldman, CNN

26 november 2024 - 14:34:35
Washington DC, US (PANA) - President-elect Donald Trump on Monday promised massive hikes in tariffs on goods coming from Mexico, [...] Full text...

thread Politics

US, Mauritania hold energy security dialogue

23 november 2024 - 13:33:35
Washington, DC, US (PANA) - The governments of the United States of America and Mauritania last Thursday held their second [...] Full text...

thread Economy

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 Country Focus: Growth in sub-Saharan Africa is diverging By Saad Quayyum, Nikola Spatafora, Sanghamitra Mukherjee, and Hamza Mighri

15 november 2024 - 07:49:18
Dar es Salaam, Tanzania (PANA) - Stagnating incomes in the region's resource-intensive economies necessitate more effective fiscal management and broad-based [...] Full text...

thread Economy

South Africa: South Africa-Egypt Political Consultations underway in Cairo

14 november 2024 - 14:30:00
Cape Town, South Africa (PANA) – Justice Minister Ronald Lamola and a high-level government delegation is in Cairo to co-chair the [...] Full text...

thread Politics

New report outlines pathways to sustainable growth in Rwanda

14 november 2024 - 07:22:54
Kigali, Rwanda – The Government of Rwanda and the World Bank  on Wednesday launched the Rwanda Country Economic Memorandum (CEM), [...] 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

South African delegation participates in COP29

13 november 2024 - 08:59:31
Cape Town, South Africa (PANA) – A high-level South African delegation is attending COP29 which is underway in Baku, Azerbaijan [...] Full text...

thread Environment

Activists from Africa, diaspora urge European govts to provide reparations

12 november 2024 - 15:46:45
Berlin, Germany (PANA) - People from civil society, academia and the arts from the African continent and its global diasporas, [...] Full text...

thread Society

The clock is ticking on sub-Saharan Africa's urgent job creation challenge: IMF Blog By Athene Laws, Faten Saliba, Can Sever, and Luc Tucker

12 november 2024 - 08:41:34
Gaborone, Botswana (PANA) - To employ a growing population, the region needs to transform informal jobs, reduce barriers to business [...] Full text...

thread Society

Uncovering trade data gaps: Lessons from Madagascar and France: World Bank Blog By Siddhesh Kaushik and Sonja Mitikj

11 november 2024 - 07:21:13
Antananarivo, Madagascar (PANA) - Bilateral reporting asymmetries in international trade data have long influenced critical statistical measures, such as trade [...] Full text...

thread Economy

Why pastoralism matters more than ever for the Sahel and West Africa’s future: World Bank open editorial by Mohamed Ould El-Ghazaouani, President of Mauritania, Mahamat Idriss Déby, President of Chad and Ousmane Diagana, World Bank Vice-President for West and Central Africa

07 november 2024 - 09:12:09
Nouakchott, Mauritania (PANA) - Today, more than ever, we must turn our attention to pastoralism across the Sahel and West [...] Full text...

thread Environment

South African Airways launches new direct flight to DRC's Lubumbashi

05 november 2024 - 10:43:58
Cape Town, South Africa (PANA) – The inaugural South African Airways’ (SAA) direct flight between Johannesburg and Lubumbashi in the DRC, [...] Full text...

thread Economy

Sudan's military leader reshuffles cabinet

04 november 2024 - 08:26:07
Port Sudan, Sudan (PANA) - Sudan's military leader has reshuffled his cabinet, dropping the ministers of Foreign Affairs; Culture and [...] Full text...

thread Politics

AfDB approves $54 million loan for Mozambique’s first wind energy project

03 november 2024 - 05:38:10
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a loan of [...] Full text...

thread Economy

Senior US diplomat travels to South Africa

03 november 2024 - 05:36:05
Washington, DC, US (PANA) - US Acting Assistant Secretary of State for Oceans and International Environmental and Scientific Affairs Jennifer [...] Full text...

thread Politics

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

IMF staff conclude Article IV discussions with Somalia

01 november 2024 - 07:12:01
Washington, DC, US (PANA) - A staff team from the International Monetary Fund (IMF), led by Ms. Laura Jaramillo, has [...] Full text...

thread Economy

General Assembly renews call for end to US embargo against Cuba

31 october 2024 - 04:40:24
New York, US (PANA) - The UN General Assembly on Wednesday once again urged the United States to end its [...] Full text...

thread Politics

Eliminating the productivity drag: IMF F&D article By Nan Li and Diaa Noureldin

30 october 2024 - 10:50:02
Washington, DC, United States (PANA) - The global economy has been struggling to regain its footing since the 2008–09 global [...] 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

Development Committee praises WBG resolve to contain Mpox pandemic in Africa

26 october 2024 - 16:54:11
Washington, DC, United States (PANA) – The World Bank Group’s Development Committee has welcomed the steps taken by the institution [...] Full text...

thread Health

UN chief tells President Putin Russian invasion violates UN Charter

26 october 2024 - 07:19:20
 Kazan, Russia (PANA) - UN Secretary-General António Guterres reiterated in a meeting with Russian President Vladimir Putin on Thursday that [...] 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

Climate and Environment: Climate crunch time is here,’ new UN report warns

25 october 2024 - 06:09:26
Cali, Colombia (PANA) - Annual greenhouse gas emissions are at an all-time high, and urgent action must be taken to [...] Full text...

thread Environment

Spain announces early commitment of €400 million to IDA, nearly 40% increase in pledge

24 october 2024 - 17:55:28
Washington, DC, United States (PANA) - Spain has announced an early financial commitment of €400 million to the International Development [...] Full text...

thread Economy

South Africa: Ramaphosa's pro-Russia remarks raise tensions

23 october 2024 - 16:20:09
Cape Town, South Africa (PANA) – President Cyril Ramaphosa’s bilateral meeting with Russian President Vladimir Putin on Tuesday has sparked tensions [...] Full text...

thread Politics

Global financial fragilities mount despite rate cuts and buoyant markets: IMF Blog By Tobias Adrian, Sheheryar Malik, and Jason Wu

23 october 2024 - 10:10:27
Washington, DC, United States (PANA) - When it comes to financial stability, the world is facing a split screen of [...] 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

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

Modest growth forecast for economies in MENA amid rising uncertainty

17 october 2024 - 06:58:59
Washington, DC, United States (PANA) - Growth continues to be subdued in the Middle East and North Africa (MENA) because [...] Full text...

thread Economy

Global public debt Is probably worse than it looks: IMF Blog By Era Dabla-Norris, Davide Furceri, Raphael Lam, and Jeta Menkulasi

16 october 2024 - 11:04:22
Washington, DC, United States (PANA) - Global public debt is very high. It is expected to exceed $100 trillion, or [...] Full text...

thread Economy

Ending poverty for half the world could take more than a century: WB Report

15 october 2024 - 13:06:58
EMBARGOED: NOT FOR PUBLICATION, BROADCAST, OR TRANSMISSION UNTIL TUESDAY, OCT. 15, 2024 AT 9:30 AM EDT WHICH IS 1:30 PM [...] Full text...

thread Society

Poorest economies face toughest conditions in two decades

14 october 2024 - 07:49:01
Washington, DC, United States (PANA) - The world’s 26 poorest economies—home to about 40 percent of all people who live [...] Full text...

thread Economy

When foreign exchange intervention can best help countries navigate shocks: IMF Blog By Suman Basu, Sonali Das, Olamide Harrison, and Erlend Nier

12 october 2024 - 14:23:40
Washington DC, United States (PANA) – With major central banks now cutting policy rates, the global interest rate cycle is [...] Full text...

thread Economy

WHO issues travel advice in context of Marburg Virus Disease outbreak in Rwanda

11 october 2024 - 18:59:20
Geneva, Switzerland (PANA) - The WHO on 10 October issued advice against travel and trade restrictions with Rwanda in the [...] Full text...

thread Health

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

We must place our hope in multilateralism: IMF article By Gordon Brown, former Prime Minister of the United Kingdom

11 october 2024 - 11:13:20
London, United Kingdom (PANA) – Only by working together can countries fend off fragmentation and deepening crises “Those who look only [...] Full text...

thread Economy

South Africa market opens for United States soybeans

09 october 2024 - 09:42:13
Pretoria, South Africa (PANA) - Soybeans from the United States are once again eligible to enter South Africa following a [...] Full text...

thread Agriculture

ECOWAS Bank to invest EUR 61 million, $100 million to boost infrastructure, trade

08 october 2024 - 05:00:17
Lomé, Togo (PANA) - The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) has approved investments [...] Full text...

thread Economy

Algeria to establish free trade zones with neighbouring countries

07 october 2024 - 15:31:20
Tunis, Tunisia (PANA) - Algerian President Abdelmadjid Tebboune announced on Sunday that his country plans to create free trade zones [...] Full text...

thread Economy

In plain view: Solutions to turbocharge the agrifood system transition: World Bank Blog By Sergiy Zorya, Joshua Gill, Alexandra Horst and Francis Addeah Darko

07 october 2024 - 07:17:30
Dar es Salaam, Tanzania (PANA) - Momentum is growing for real food systems change at a scale never seen before. [...] Full text...

thread Agriculture

Community court strengthens expertise in dispute settlement mechanisms under AfCFTA and ECOWAS

06 october 2024 - 05:49:30
Abuja, Nigeria (PANA) - Judges, legal officers and registry staff of the ECOWAS Court of Justice have participated in a [...] Full text...

thread Society

US, Gabon commit to enhance cooperation

04 october 2024 - 07:11:09
Washington, DC, US (PANA) - The United States of America and Gabon have expressed their commitment to enhance cooperation as they [...] Full text...

thread Politics

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

Working from home is powering productivity: IMF article by Nicholas Bloom

02 october 2024 - 05:39:32
Washington, DC, United States (PANA) - Economics is famous for being the dismal science. Sadly, recent work highlighting the slowdown [...] Full text...

thread Society

Kenyan Parliament set to move impeachment motion against Deputy President

01 october 2024 - 13:26:49
Nairobi, Kenya (PANA) - The short-lived political cohabitation between Kenya's deputy President Geoffrey Rigathi Gachagua and the President William Ruto, [...] Full text...

thread Politics

Collective effort essential to get DR Congo on firm path to peace

01 october 2024 - 06:09:41
New York, US (PANA) - Mobilization at the national, regional and international level are needed to support the Democratic Republic [...] Full text...

thread Politics

South Africa represented at G7 Agriculture Forum for Africa

26 september 2024 - 08:43:18
Cape Town, South Africa (PANA) – South Africa's Minister of Agriculture, John Steenhuisen, is attending the G7 Agriculture Forum for [...] Full text...

thread Politics

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

World Bank approves US$90 million additional financing for Djibouti regional economic corridor

21 september 2024 - 08:32:33
Djibouti, Djibouti (PANA) - The World Bank’s Board of Directors has approved US$90 million in additional financing for the Horn if [...] Full text...

thread Economy

Guinea Economic Update: Natural resource management for development

20 september 2024 - 07:35:17
Conakry, Guinea (PANA) – Agriculture is pivotal for Guinea's structural transformation and climate resilience, serving as a cornerstone for inclusive [...] Full text...

thread Economy

Lufthansa launches new flight to South Africa

16 september 2024 - 11:08:31
Cape Town, South Africa (PANA) –  Lufthansa has launched flights between Johannesburg and Munich after a 19-year hiatus.Lufthansa’s CEO, Jens Ritter, [...] Full text...

thread Economy

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

Over 22,500 have suffered ‘life-changing injuries’ in Gaza: WHO

13 september 2024 - 05:59:28
Cairo, Egypt (PANA) - More than 22,500 people – a quarter of those wounded in Gaza since Israel’s offensive began [...] Full text...

thread Health

How to Awaken Europe's Private Sector and Boost Economic Growth: IMF Blog By Diego Cerdeiro, Gee Hee Hong, and Alfred Kammer

12 september 2024 - 10:09:07
Washington, DC, United States (PANA) - In the European Union, income per person, one of the main gauges of living [...] Full text...

thread Economy

Addressing insecurity in road construction in conflict-prone areas: Lessons from the Horn of Africa: World Bank Blog By Kennedy Mkutu Agade, Josphat Sasia, Lilian Kahindo and Benard Mitto

12 september 2024 - 09:12:25
Nairobi, Kenya (PANA) - While all development projects call for care and deftness during the implementation phase, these requirements become [...] Full text...

thread Society

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

UN chief Guterres underlines support for China-Africa partnership

05 september 2024 - 13:03:22
Beijing, China (PANA) - Joint efforts by China and Africa can spark new momentum for development on the continent, UN [...] 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

Public debt bubble balloons to historic $97 trillion

05 september 2024 - 05:35:15
Geneva, Switzerland (PANA) - Global public debt has nearly doubled since 2010, reaching a historic $97 trillion in 2023, according to [...] 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

South African President undertakes state visit to China

02 september 2024 - 11:53:15
Cape Town, South Africa (PANA) –  South African President Cyril Ramaphosa arrived in China on Monday with a high-level delegation for [...] Full text...

thread Politics

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

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

South African Minister hails export of avocados to Japan

28 august 2024 - 08:23:45
Cape Town, South Africa (PANA) – International Relations and Cooperation Minister, Ronald Lamola, is attending the Tokyo International Conference on [...] Full text...

thread Agriculture

Flooding from Sudan dam collapse worsens humanitarian crisis

28 august 2024 - 04:51:51
Port Sudan, Sudan (PANA) - Around 20 villages in eastern Sudan have reportedly been “destroyed”, with 70 impacted overall, after [...] Full text...

thread Society

Kenya launches campaign bid for AUC leadership at mini Summit

27 august 2024 - 14:16:15
Nairobi, Kenya (PANA) – East African leaders gathered in Nairobi on Tuesday to witness the unveiling of former Keyan Prime [...] Full text...

thread Politics

Tunisian President Saied reshuffles cabinet

26 august 2024 - 09:07:35
Tunis, Tunisia (PANA) - Tunisian President Kais Saied on Sunday carried out a major cabinet reshuffle that sees the departure [...] Full text...

thread Politics

Egypt’s cane sugar production drops

23 august 2024 - 07:14:37
Cairo, Egypt (PANA) - Egypt’s sugar production in marketing year 2024/25 (October to September) is forecast to reach 2.6 million [...] Full text...

thread Agriculture

Botswana prepares for historic UN conference on landlocked countries

23 august 2024 - 05:25:42
Gaborone, Botswana (PANA) - Leaders from landlocked developing countries, (LLDCs) will gather in Gaborone, Botswana, this December to tackle challenges, [...] Full text...

thread Politics

Bridging the financing gap: Achieving Education for All in Zambia: World Bank Blog By Samer Al-Samarrai, Girma Woldetsadik and Joseph Simumba

22 august 2024 - 07:46:56
Lusaka, Zambia (PANA) - The government of Zambia has laid out an ambitious plan to universalize primary and secondary education. [...] Full text...

thread Society

South Africa calls for calm over mpox scare

20 august 2024 - 08:09:51
Cape Town, South Africa (PANA) – South Africa’s Department of Health on Tuesday assured the public that the current mpox outbreak [...] Full text...

thread Health

US Department of Agriculture announces trade mission to Morocco

15 august 2024 - 07:33:49
Washington, DC, United States (PANA) - U.S. Department of Agriculture Under Secretary for Trade and Foreign Agricultural Affairs Alexis M. [...] Full text...

thread Agriculture

AfDB approves $40m Trade Finance Transaction Guarantee Facility to Ethiopia’s Dashen Bank

10 august 2024 - 05:47:28
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a $40 [...] Full text...

thread Economy

ADF grants Comoros $135 million to develop ports, facilitate regional trade

06 august 2024 - 07:10:40
Abidjan, Cote d'Ivoire (PANA) - African Development Bank (AfDB) Group supports the Union of the Comoros in extending and modernizing [...] Full text...

thread Economy

South Africa: South African police arrest suspected kidnappers

05 august 2024 - 17:06:05
Cape Town, South Africa (PANA) – South African police have rescued a businessman and arrested eight kidnappers, including three Tanzanian nationals [...] Full text...

thread Society

Meet Fátima Almeida, the entrepreneur revolutionising digital and financial inclusion in Angola: World Bank Blog By Entrepreneur Fátima Almeida

03 august 2024 - 10:55:51
Luanda, Angola (PANA) – A graduate in economics with a flair for business, Angolan entrepreneur Fátima Almeida has always been [...] Full text...

thread Society

World Bank backs Ethiopia's reforms to promote sustainable, inclusive growth, take climate action

31 july 2024 - 08:46:38
Washington, DC, United States (PANA) - The World Bank’s Board of Executive Directors on Tuesday approved the Ethiopia First Sustainable [...] Full text...

thread Economy

World Bank announces Sangbu Kim as Vice President for Digital Transformation

31 july 2024 - 08:28:52
Washington, DC, United States (PANA) - World Bank Group President Ajay Banga has announced the appointment of Sangbu Kim as [...] Full text...

thread Economy

IMF Board allows Egypt to draw US$820 million under Extended Fund Facility

30 july 2024 - 07:46:40
Cairo, Egypt (PANA) - The International Monetary Fund (IMF) on Monday completed the third review of the extended arrangement under [...] Full text...

thread Economy

UNESCO adds historic Palestine monastery to World Heritage in Danger list

27 july 2024 - 05:37:48
Paris, France (PANA) - The World Heritage Committee of the UN Educational, Scientific and Cultural Organisation (UNESCO) announced on Friday [...] Full text...

thread Culture

UN development Summit looks into global financial reforms

26 july 2024 - 18:03:28
Addis Ababa, Ethiopi  (PANA)  - Dozens of finance and foreign ministers met here to discuss radical action to reform the [...] Full text...

thread Economy

DRC: EU lists nine individuals and one entity for serious human rights violations

26 july 2024 - 11:34:02
Brussels, Belgium (PANA) – The European Council on Friday imposed restrictive measures on nine individuals and one entity responsible for [...] Full text...

thread Society

South Africa attends high-level trade forum in the US

24 july 2024 - 11:21:41
Cape Town, South Africa (PANA) – A high-level South African delegation is attending the 21st African Growth and Opportunity Act [...] Full text...

thread Economy

A low-growth world is an unequal, unstable world (By Kristalina Georgieva, IMF Managing Director)

24 july 2024 - 09:20:08
Washington, DC, United States (PANA) - The global economy is stuck in low gear, which could deal a major blow [...] Full text...

thread Economy

Kenya's Ruto names half-Cabinet amid continuing anti-govt protests

19 july 2024 - 17:58:19
Nairobi, Kenya (PANA) - Kenya's embattled President William Ruto named a partial Cabinet on Friday, five weeks after anti-government protests [...] Full text...

thread Politics

Senior US diplomat meets Senegalese President Faye

19 july 2024 - 07:48:56
Dakar, Senegal (PANA) - US Deputy Secretary of State Kurt Campbell met with Senegalese President Bassirou Diomaye Faye on Thursday.  He congratulated [...] Full text...

thread Politics

Mozambican farmers get $2 million fertilizer financing boost

19 july 2024 - 06:27:16
Maputo, Mozambique (PANA) - With the planting season fast approaching, Mozambican farmers are busy preparing their fields. Fertilizer is crucial for [...] Full text...

thread Agriculture

AfDB grants DRC $260 million loan to strengthen agricultural sector

19 july 2024 - 05:47:57
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a loan of [...] Full text...

thread Agriculture

UN forum on sustainable development concludes with renewed commitment

19 july 2024 - 05:30:44
New York, US (PANA) - The High-Level Political Forum (HLPF) on Sustainable Development has concluded with nations reiterating the need [...] Full text...

thread Politics

Preventing deforestation while leveraging trade for development: World Bank Blog By Chris Wellisz

18 july 2024 - 08:13:19
Dar es Salaam, Tanzania (PANA) - Developing countries must contend with a plethora of trade-related regulations as well as voluntary [...] Full text...

thread Agriculture

The Tunisian Parliament adopts two organic laws on the Africa50 Fund

17 july 2024 - 15:35:07
Tunis, Tunisia (PANA) -  The Tunisian parliament Tuesday adopted two organic laws approving the statutes of the "Africa50" fund for [...] Full text...

thread Economy

Global growth steady amid slowing disinflation and rising policy uncertainty: IMF Blog By Pierre-Olivier Gourinchas

16 july 2024 - 17:45:18
Washington DC, United States (PANA) - Our global growth projections are unchanged at 3.2 per cent this year and slightly [...] Full text...

thread Economy

Central Africa gears up for successful implementation of AfCFTA

16 july 2024 - 16:16:28
Cotonou, Benin (PANA) - Cameroon's economic capital, Douala, is currently hosting a workshop to prepare Central Africa for the successful [...] Full text...

thread Economy

New report highlights best practices to support African businesses

16 july 2024 - 07:50:01
Accra, Ghana (PANA) - The annual Country Policy and Institutional Assessment (CPIA) for Africa confirms that countries in Sub-Saharan Africa [...] Full text...

thread Economy

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

Senior US diplomat visits Ghana, Gabon, Senegal

15 july 2024 - 05:14:51
Washington, DC, US (PANA) - US Deputy Secretary of State Kurt Campbell has emarked on visits to Ghana, Gabon and [...] Full text...

thread Politics

Emerging markets show resilience despite global monetary tightening: IMF Blog By Cian Allen and Rudolfs Bems

13 july 2024 - 11:18:44
Washington, DC, United States (PANA) - Interest rates in the United States are at 20-year highs and the dollar has [...] Full text...

thread Economy

Diamond market contraction slows down Botswana’s growth

13 july 2024 - 11:17:19
Gaborone, Botswana (PANA) - Botswana’s economic growth is expected to slow to 1 percent in 2024, primarily because of a [...] Full text...

thread Economy

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

Red Sea shipping crisis elevates trading costs with extra burden on consumers

12 july 2024 - 07:20:25
Dar es Salaam, Tanzania (PANA) - Due to recently increased attacks by Houthi militants, the Red Sea shipping route remains [...] Full text...

thread Economy

Digital boom could well be a bust for the environment, warns UN trade agency

11 july 2024 - 06:27:18
New York, US (PANA) - Did you know that producing a computer weighing two kilogrammes (kg) requires a staggering 800kg [...] Full text...

thread Society

US 'deeply concerned' about minerals supply chains from Rwanda and eastern DRC contributing to ongoing conflict

09 july 2024 - 17:31:49
Washington, DC, US (PANA) - The US said in Tuesday that it is “deeply concerned” by the ongoing conflict in [...] Full text...

thread Politics

World Bank launches Economic Update on Chad

09 july 2024 - 08:31:17
N’djamena, Chad (PANA) – Enhancing the economic inclusion of refugees necessitates acknowledging their economic contributions, according to the World Bank [...] 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

AfDB, Korea sign deal on Trade Facilitation in Africa

04 july 2024 - 12:56:12
Abidjan, Cote d'Ivoire (PANA) - Africa is set to benefit from improved customs technologies to boost intra-African trade.This follows an [...] Full text...

thread Economy

Global trade rises in early 2024, adding $350 billion in goods and services

03 july 2024 - 05:31:06
Geneva, Switzerland (PANA) - Global trade trends turned positive in the first quarter of 2024, with the value of trade [...] 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

World Bank Group guarantee platform goes live

02 july 2024 - 07:18:40
Washington DC, United States (PANA) - Starting 1 July, the World Bank Group (WBG) guarantee platform opened for business, it [...] Full text...

thread Economy

IOM says more than 700,000 migrants in Libya

30 june 2024 - 14:33:51
Tripoli, Libya (PANA) - A total of 725,304 migrants are present in Libya, according to data collected from March to [...] Full text...

thread Politics

WB to accelerate digital inclusion for 180 million people across Eastern, Southern Africa

28 june 2024 - 12:27:03
Lusaka, Zambia (PANA) - A new programe that will benefit over 180 million people by 2032 is poised to significantly [...] Full text...

thread Society

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

Uganda should improve public spending on health for a more productive population

27 june 2024 - 13:58:38
Kampala, Uganda (PANA) - Economic activity in Uganda has remained resilient despite multiple successive shocks, with real gross domestic product [...] Full text...

thread Health

Fostering vibrant, inclusive private sector is key to Somalia’s resilient growth

26 june 2024 - 18:26:55
Mogadishu, Somalia (PANA) - Since Somalia’s private sector accounts for an estimated 95 per cent of total jobs created, marshalling [...] Full text...

thread Economy

Climate-smart focus in livestock sector can help Tanzania increase production, generate jobs

26 june 2024 - 10:22:23
Dar es Salaam, Tanzania (PANA) - Tanzania can significantly boost its livestock sector's economic contribution with a bold and comprehensive [...] Full text...

thread Agriculture

EC prolongs mandates of security and defence missions for Palestinian territories

25 june 2024 - 17:58:13
Brussels, Belgium (PANA) - The Council of the European Union on Tuesday decided to prolong until 30 June the mandates [...] Full text...

thread Society

Libya's Minister of Economy and Trade orders fixing of prices for certain staple foods

24 june 2024 - 16:48:15
Tripoli, Libya (PANA) - The Libyan Minister of Economy and Trade in the government of national unity, Mohamed Al-Haweij, has [...] Full text...

thread Economy

Togolese holding service passports exempt from visa requirements for South Africa

23 june 2024 - 12:44:10
Lomé, Togo (PANA) - Togolese civil servants and officials holding service passports are exempt from visa requirements when travelling to [...] Full text...

thread Politics

'Africa offers attractive investment opportunities for Japanese firms'

23 june 2024 - 06:33:45
Tokyo, Japan (PANA) - Dr. Kevin Kariuki, African Development Bank's (AfDB's) Vice President for Power, Energy, Climate and Green Growth, [...] Full text...

thread Economy

UN torture rapporteur requests France to monitor exhibition for illegal torture tools

22 june 2024 - 07:06:04
Geneva, Switzerland (PANA) – The UN Special Rapporteur on Torture contacted the French Government ahead of a major security and [...] Full text...

thread Society

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

UN chief warns of ‘cyber mercenaries’ amid spike in weaponising digital tools

21 june 2024 - 07:44:25
New York, US (PANA) - UN Secretary-General António Guterres on Thursday highlighted the dual-edged nature of cyberspace, stressing its potential [...] Full text...

thread Society

Global foreign investment declines for second year as geopolitical tensions rise, UN trade body reports

21 june 2024 - 06:57:36
Geneva, Switzerland (PANA) - Foreign direct investment (FDI) fell by two per cent to $1.3 trillion in 2023 amid global [...] Full text...

thread Economy

Somalia expects 3.1 percent GDP growth, rebounding from drought and commodity price shocks

20 june 2024 - 17:41:57
Mogadishu, Somalia (PANA) - Somalia’s economy is expected to grow at 3.1 per cent in 2023 up from 2.4 per [...] Full text...

thread Economy

Putting Africa on the path to prosperity: World Bank Blog By Ajay Banga and Mohamed Ould Ghazouani

20 june 2024 - 07:31:04
Apulia, Italy (PANA) - Across the Global South, young people are yearning for opportunity and a better life. But while [...] Full text...

thread Society

Tanzania’s coffee farms rehabilitation raises output

19 june 2024 - 12:07:16
Dar es Salaam, Tanzania (PANA) - Tanzania’s coffee production in the marketing year 2024/25 is forecast at 1.5 million bags [...] Full text...

thread Agriculture

Getting the global economy out of the slow lane: World Bank Blog By Indermit Gill and M. Ayhan Kose

17 june 2024 - 17:01:14
Washington, DC, USA (PANA) - With global growth stabilizing for the first time in three years, inflation reaching a three-year [...] 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

Libya. FAO discuss activation of agricultural projects

14 june 2024 - 06:10:49
Tripoli, Libya (PANA) - Libyan Deputy Minister for Economic Affair in the Government of National Unity, Saad Al-Hanich, chaired a [...] Full text...

thread Agriculture

Partial reopening of Ras Jedir border crossing between Libya and Tunisia

13 june 2024 - 12:28:25
Tripoli, Libya (PANA) - Libya's acting Minister of the Interior, General Imad Mustafa Trabelsi, and his Tunisian counterpart, Khaled Nouri, [...] Full text...

thread Politics

Africa fertilizer financing Mechanism to launch fertilizer financing scheme in Mozambique

13 june 2024 - 10:22:22
Maputo, Mozambique  (PANA) - The Africa Fertilizer Financing Mechanism  will launch the Fertilizer Financing for Sustainable Agriculture Management Project on [...] Full text...

thread Agriculture

Guterres highlights ‘unique level of destruction’ in Gaza ahead of G7 summit

13 june 2024 - 06:18:59
Geneva, Switzerland (PANA) - UN Secretary-General António Guterres reiterated his solidarity with the people of Gaza and the global body’s [...] Full text...

thread Society

Global growth stabilizing for first time in three years

11 june 2024 - 14:02:38
Washington, DC, United States (PANA) - The global economy is expected to stabilize for the first time in three years [...] Full text...

thread Economy

Libyan PM and Tunisian President discuss opening of Ras Jedir border crossing

08 june 2024 - 14:49:29
Tripoli, Libya (PANA) - During a telephone conversation with the Tunisian President, Kaïs Saïed, the Libyan Prime Minister of the [...] Full text...

thread Politics

AfDB and Intel to train millions in AI

08 june 2024 - 06:05:03
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) and technology giant, Intel, have formalised their cooperation to transform [...] 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

Egypt extend lead while Guinea, Ghana win away as FIFA WC qualifiers intensify

07 june 2024 - 11:07:36
Cairo, Egypt (PANA) - The race to securing a place in the FIFA World Cup™ 2026 took an interesting turn [...] Full text...

thread Sports

AfDB taking Africa to the World

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

thread Economy

South Africa's ruling ANC discusses poor election results

06 june 2024 - 09:47:11
Cape Town, South Africa (PANA) – Supporters of the ruling African National Congress (ANC) on Thursday protested against the party [...] Full text...

thread Politics

Russia to continue supplying arms to Burkina Faso

05 june 2024 - 16:02:24
Ouagadougou, Burkina Faso (PANA) - At the end of a working visit to Ouagadougou, the Minister of Foreign Affairs of [...] Full text...

thread Society

Russian Foreign Minister on 48-hour visit to Burkina Faso

05 june 2024 - 12:06:36
Ouagadougou, Burkina Faso (PANA) - Russian Foreign Minister Sergei Lavrov arrived in Ouagadougou Tuesday evening for a 48-hour working and [...] Full text...

thread Politics

Financiers for Ghana’s new Ship Repair Dock Project

05 june 2024 - 10:43:54
Accra, Ghana (PANA) - A consortium, including the African Development Bank (AfDB), has signed an agreement to extend $94 million [...] 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

Kenya’s economy exhibited robust growth in 2023 despite persistent challenges

05 june 2024 - 07:41:58
Nairobi, Kenya (PANA) - Kenya’s real GDP growth accelerated to 5.6% in 2023, surpassing the previous year’s growth of 4.9%. However, [...] Full text...

thread Economy

3rd 'Made in Algeria' exhibition opens in Tripoli

04 june 2024 - 11:04:05
Tripoli, Libya (PANA) - Libyan Minister of Economy and Trade in the Government of National Unity, Mohamed al-Haweij, inaugurated the [...] Full text...

thread Economy

Nigeria's national power grid, schools, banks, airports, others shut down as labour begins nationwide strike

03 june 2024 - 12:41:52
Abuja, Nigeria (PANA) – A nationwide strike called by organised labour unions in Nigeria began on Monday and has crippled [...] Full text...

thread Society

AfDB approves $117 billion general callable capital Increase

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

thread Economy

WHA reaches agreement on wide-ranging, decisive package of amendments to improve the International Health Regulations

03 june 2024 - 06:12:02
Geneva, Switzerland (PANA) - In an historic development, the World Health Assembly, the annual meeting of its 194 member countries, [...] Full text...

thread Health

84 Chinese companies attend 1st Sino-Libyan Economic Forum in Beijing

01 june 2024 - 14:50:29
Tripoli, Libya (PANA) - Libyan Prime Minister of the Government of National Unity, Abdulhamid Al-Dbaiba, opened the first Sino-Libyan Economic [...] Full text...

thread Economy

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

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

European States mark 30th anniversary of milestone cooperation pact

28 may 2024 - 17:35:21
Brussels, Belgium (PANA) – European States on Tuesday marked the 30th anniversary of the entry into force of the European [...] Full text...

thread Politics

Libyan PM to attend Sino-Arab Forum in China

28 may 2024 - 17:07:33
Tripoli, Libya (PANA) -The Libyan Prime Minister, Abdulhamid Al Dbaiba, will travel to China to take part in the Arab-Chinese [...] Full text...

thread Politics

Day 2 at AfDB Meetings in Nairobi

28 may 2024 - 11:42:24
Nairobi, Kenya (PANA) - The BRICS Alliance, together with the new member additions, are providing immense trade and investment opportunities [...] Full text...

thread Economy

WHO Member States agree to share outcomes of historic IHR, pandemic agreement processes to World Health Assembly

25 may 2024 - 10:28:49
Geneva, Switzerland (PANA) – World Health Organisation (WHO) Member States have ended intensive negotiations aimed at strengthening global capacities to [...] Full text...

thread Health

Nations agree landmark treaty on traditional knowledge, protecting Indigenous Peoples’ rights

25 may 2024 - 05:21:41
Geneva, Switzerland (PANA) - Member States of the World Intellectual Property Organisation (WIPO) – a specialised UN agency – on [...] Full text...

thread Society

Algeria: Investing in data key for diversified growth

22 may 2024 - 19:44:54
Algiers, Algeria (PANA) - Algeria’s economic growth remained dynamic in 2023, with GDP recording a 4.1 per cent increase, driven [...] Full text...

thread Economy

Libya and Italy discuss promoting cooperation in trade and investment

22 may 2024 - 17:58:33
Tripoli, Libya (PANA) - The Libyan Minister of Economy and Trade in the Government of National Unity, Mohamed al-Haweij, and [...] Full text...

thread Economy

Ouagadougou to host first International exhibition for Processing, Innovation and Quality

21 may 2024 - 17:27:23
Ouagadougou, Burkina Faso (PANA) - The first International exhibition for Processing, Innovation and Quality (STIQ) will be held from 6 [...] Full text...

thread Economy

Libyan, Indonesia discuss trade and investment relations

21 may 2024 - 17:13:46
Tripoli, Libya (PANA) - The Libyan Minister of Economy and Trade, Mohamed al-Haweij, has discussed with the Chargé d'Affaires of [...] Full text...

thread Economy

AfDB’s Chief highlights Africa as world’s best investment destination

21 may 2024 - 09:08:12
Riyadh, Saudi Arabia ( PANA) - Africa’s human, land, mineral resource and cross-border trade endowments combine to make it the [...] Full text...

thread Economy

South Africa, EC presidents hold telephone discussion on bilateral, global issues

20 may 2024 - 18:49:45
Pretoria, South Africa (PANA) - President Cyril Ramaphosa of South Africa and the President of the European Council, Mr Charles [...] Full text...

thread Politics

Libya attends meetings of AU ministers of trade, industry, mining and tourism

18 may 2024 - 16:33:37
Tripoli, Libya (PANA) - The Libyan Minister of Industry and Mines in the government of national unity, Ahmed Abu Heissa, [...] 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

Crimes against nature: UN agency puts environmental legislation under scrutiny

18 may 2024 - 07:10:34
Vienna, Austria (PANA) - Global efforts to prevent crimes against nature and bring offenders to justice are being hampered by [...] Full text...

thread Environment

African climate negotiators eye carbon credits trade

15 may 2024 - 19:36:33
Addis Ababa, Ethiopia (PANA) - African climate change negotiators are eyeing opportunities for countries to earn more from trade in [...] Full text...

thread Environment