IMF staff concludes visit to Libya
17 november 2025 - 07:59:42Tripoli, Libya (PANA) - Libya’s GDP growth in 2025 is being supported by an increase in oil production, but lower [...] Full text...
thread Economy
Breaking news
- Agriculture
Structural deficits blur Kenya’s sugar sector
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UNESCO fights against illicit trafficking of cultural property
- Economy
EIB Global and AfDB invest US$275 million to modernise Mauritania’s main railway corridor
- Environment
Somalia declares drought emergency as millions face hunger after failed rains
- Gender
Top UN official in Libya reaffirms support for advancing rights of women and girls
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Children hit by HIV funding gaps
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Sudanese PM, UN envoy discuss security, humanitarian crisis
- Press Review
Lessons of Hamas operation against Israel, - Libyan newspaper,
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Key African science conference begins in Pretoria
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414 migrants intercepted at sea and returned to Libya - IOM
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Women demonstrate against gender-based violence committed by men
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South Africa: Formula One cars race in Cape Town
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Tripoli, Libya (PANA) - Libya’s GDP growth in 2025 is being supported by an increase in oil production, but lower [...] Full text...
African Summit on environmental conservation opens in Gaborone
05 november 2025 - 11:24:20Gaborone, Botswana (PANA) – The first of its kind African Summit on biodiversity conservation opened in Gaborone on Wednesday, banking [...] Full text...
thread Environment
Conference on role of banking investment in Libya begins
04 november 2025 - 15:04:59Tripoli, Libya (PANA) - The Conference on "Banking Investment and its role in promoting economic development", organised by the Central [...] Full text...
thread Economy
AU Summit launches talks on US$800 million green conservation Trust Fund
03 november 2025 - 20:37:19Gaborone, Botswana (PANA) – Talks on the creation of a US$800 million environmental support facility to be funded from 1% [...] Full text...
thread Environment
Finance changed, risks didn’t (By Yao Zeng for F&D Magazine, an assistant professor of finance and the Cynthia and Bennett Golub Faculty Scholar at the University of Pennsylvania)
22 october 2025 - 07:16:02Washington, DC, USA (PANA) - More than 15 years after the global financial crisis, the banking and financial system looks [...] Full text...
thread Economy
American retail giant eyes African markets
21 october 2025 - 09:11:23Cape Town, South Africa (PANA) – Major international retailer Walmart is investing in South Africa with mega stores planned around [...] Full text...
thread Economy
IMF Managing Director sets out priorities for a resilient global economy
17 october 2025 - 07:13:57Washington, DC, USA (PANA) – International Monetary Fund (IMF) Managing Director Kristalina Georgieva has called for increased efforts to spur [...] Full text...
thread Economy
Central Bank of Libya signs cooperation agreement with World Bank
15 october 2025 - 12:45:21Tripoli, Libya (PANA) - The Governor of the Central Bank of Libya (BCL), Naji Mohamed Issa, has signed a cooperation [...] Full text...
thread Economy
Growth of nonbanks is revealing new financial stability risks (IMF Blog By Tobias Adrian)
15 october 2025 - 09:10:20Washington, DC, USA (PANA) - Stretched asset valuations and pressures in core sovereign bond markets are keeping financial stability risks [...] Full text...
thread Economy
The Stablecoin Balancing Act (IMF article by Darrell, Odunayo Olowookere, Andreas Veneris)
09 october 2025 - 12:12:40Washington, DC, USA (PANA) - Legend has it that gangster Al Capone hid the illicit origins of his wealth by [...] Full text...
thread Economy
Libyan authorities urged to adopt legislation to combat money laundering, financing of terrorism
08 october 2025 - 11:42:45Tripoli, Libya (PANA) - The National Committee for the Fight against Money Laundering and Financing of Terrorism has called on [...] Full text...
thread Economy
IMF reaches staff-level agreement with Guinea-Bissau on the Ninth Review of Extended Credit Facility Arrangement
07 october 2025 - 14:04:13Washington, DC, US (PANA) - The International Monetary Fund (IMF) and Guinea-Bissau have reached a staff-level agreement on economic policies [...] Full text...
thread Economy
Good policies (and Good luck) helped emerging economies better resist shocks: IMF Blog By Marijn Bolhuis, Arindam Roy, Patrick Schneider, Zhao Zhang
07 october 2025 - 09:17:26Washington, DC, USA (PANA) - Emerging market economies have held up remarkably well in recent years, even after periods of [...] Full text...
thread Economy
IMF announces appointment of Dan Katz as First Deputy Managing Director
04 october 2025 - 07:30:31Washington, DC, USA (PANA) – The International Monetary Fund (IMF) Executive Board has approved the appointment of Mr. Dan Katz [...] Full text...
thread Economy
IMF Board concludes 2025 Article IV consultation with Liberia
02 october 2025 - 08:14:38Monrovia, Liberia (PANA) - Following a strong post-pandemic recovery, Liberia’s economic activity moderated somewhat in 2024, according to the International [...] Full text...
thread Economy
Humanitarian situation in Sudan's besieged city growing 'more dire'
30 september 2025 - 05:35:36New York, US (PANA) - The humanitarian situation in the besieged Sudanese city of El Fasher, capital of North Darfur [...] Full text...
thread Society
IMF encourages Botswana to streamline public spending
27 september 2025 - 08:29:27Gaborone, Botswana (PANA) - Botswana’s economic activity is expected to contract by about 1 percent in 2025, owing primarily to [...] Full text...
thread Economy
Why digitalisation for displaced people and host communities can’t wait (World Bank Blog by Ravi Shankar Chaturvedi, Global Practice Manager, Digital Economy & Society, Digital Vice Presidency; Johan Bjurman Bergman, Digital Development Specialist and Anne Schuchardt, Consultant, World Bank Digital Vice Presidency)
23 september 2025 - 08:49:58Dar es Salaam, Tanzania (PANA) - For more than 120 million forcibly displaced people around the world, including refugees and [...] Full text...
thread Society
Digital technology driving the future of jobs (World Bank Blog by Christine Zhenwei Qiang, Global Director, Digital Vice Presidency; Stéphane Straub, Chief Economist, Infrastructure Vice Presidency, World Bank; and Leora Klapper, Lead Economist)
17 september 2025 - 09:29:06Nairobi, Kenya (PANA) - A farmer in Kenya uses mobile apps to get real-time harvesting tips, check market prices, and [...] Full text...
thread Economy
Technology is reshaping capital flows and currency dominance; data integrity is essential for financial stability (IMF Blog by Hélène Rey, a professor at the London Business School)
11 september 2025 - 11:45:33Washington, DC, USA (PANA - Technology is reshaping capital flows and currency dominance; data integrity is essential for financial stability.Technology [...] Full text...
thread Economy
Three years ago, Finance & Development devoted a full issue to anticipating “The Money Revolution,” driven by innovations in finance, such as crypto assets. That revolution, writes F&D editor-in-chief Gita Bhatt, is now unfolding
08 september 2025 - 10:48:33Washington, DC, United States (PANA) - The September issue of F&D looks at the new frontiers of finance, where technology, [...] Full text...
thread Economy
How stablecoins and other financial innovations may reshape the global economy (By Gitab Bhatt of IMF)
05 september 2025 - 13:30:33Washington, DC, USA (PANA) - Three years ago, Finance & Development devoted a full issue to anticipating “The Money Revolution,” [...] Full text...
thread Economy
New Ebola outbreak declared in DR Congo
05 september 2025 - 07:09:19Kinshasa, DR Congo (PANA) - Health authorities in the Democratic Republic of the Congo (DRC) have declared an outbreak of [...] Full text...
thread Health
Technology, payments, and the rise of stablecoins (By Gita Bhatt F&D Editor-in-Chief)
04 september 2025 - 10:08:28Washington, DC, United States (PANA) - Technology, data, and changing societal values are reshaping how people and institutions move money [...] Full text...
thread Economy
New AfDB President Ould Tah takes office
01 september 2025 - 19:21:23Adidjan, Cote d'Ivoire (PANA) - Dr. Sidi Ould Tah was on Monday sworn-in as the ninth President of the African [...] Full text...
thread Economy
Libyan Prime Minister welcomes BCL decision to grant licences to official currency exchange offices
05 august 2025 - 16:26:45Tripoli, Libya (PANA) -The Libyan Prime Minister of the Government of National Unity, Abdulhamid al-Dbaiba, says the granting of licences [...] Full text...
thread Economy
Boosting growth with Inclusive financial development crucial to unlock Angola’s poverty alleviation efforts
26 july 2025 - 09:44:53Luanda, Angola (PANA) - Angola recorded the highest economic expansion since 2014, with real Gross Domestic Product (GDP) growth reaching [...] Full text...
thread Economy
Libyan central bank governor calls for partnership between banks and govt institutions on housing projects
14 july 2025 - 11:28:24Tripoli, Libya (PANA) - The Governor of the Central Bank of Libya (BCL), Naji Issa, on Sunday stressed the importance [...] Full text...
thread Economy
IMF Executive Board completes fourth review under Extended Credit Facility Arrangement with Ghana
08 july 2025 - 06:36:48Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday completed the fourth review [...] Full text...
thread Economy
IMF Executive Board completes reviews of three arrangements for Mauritania
05 july 2025 - 14:55:19Washington, DC, US (PANA) - The IMF Executive Board has completed the Fourth Reviews under the 42‑month blended Extended Credit [...] Full text...
thread Economy
Landless and locked out: Young farmers struggle for a future
04 july 2025 - 09:20:37Rome, Italy (PANA) - Agricultural land is more than just a resource to produce food – for many older adults [...] Full text...
thread Agriculture
IMF mission completes Article IV consultation with Algeria
01 july 2025 - 12:19:31Algiers, Algeria (PANA) - Strengthened policy frameworks, along with reforms to enhance fiscal resilience, diversify the economy, and promote private [...] Full text...
thread Economy
Libya levels the playing field towards private sector growth
01 july 2025 - 07:57:00Tripoli, Libya (PANA) - Libya's economy showed promising signs of recovery in 2024 and remained resilient despite challenges arising from [...] Full text...
thread Economy
BCL announces the discovery of over 3.5 billion dinars worth of counterfeit 50-dinar banknotes printed in Russia
30 june 2025 - 14:03:14Tripoli, Libya (PANA) - The Central Bank of Libya (BCL) has announced the discovery of a counterfeiting operation and a [...] Full text...
thread Economy
Europe’s elusive savings and investment union: IMF Finance & Development article By Ravi Balakrishnan. Chief European economist at JP Morgan, Mahmood Pradhan, Head of global macroeconomics at the Amundi Investment Institute.
28 june 2025 - 14:28:08Brussels, Belgium (PANA) - An integrated capital market must be accompanied by regulatory reforms to attract substantial investment.Europe has ample [...] Full text...
thread Economy
IMF concludes 2025 Article IV Consultation with Libya
26 june 2025 - 12:53:47Tripoli, Libya (PANA) - Libya’s continued political division and widespread fragilities have hindered the authorities’ capacity to control public expenditure [...] Full text...
thread Economy
IMF Board completes 4th review of Comoros ECF arrangement
25 june 2025 - 11:59:05Washington, DC, USA (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the fourth review under [...] Full text...
thread Economy
Libyan central bank governor calls for promotion of digital infrastructure in banking sector
16 june 2025 - 10:39:47Tripoli, Libya (PANA) - The Governor of the Central Bank of Libya (BCL), Naji Mohamed Issa, has stressed the importance [...] Full text...
thread Economy
‘Plenty of fish in the sea’? Not anymore, say UN experts in Nice
11 june 2025 - 18:33:43Nice, France (PANA) - At the Third UN Ocean Conference in Nice, the “catch of the day” wasn’t a seabass [...] Full text...
thread Environment
Serious food insecurity lurks over Malawi’s population
05 june 2025 - 09:20:25Lilongwe, Malawi (PANA) – Over 20 percent of Malawi’s 25 million population faces high levels of food insecurity, up five [...] Full text...
thread Society
A United Europe Can Shape the Global Economy: IMF Blog By Gita Bhatt, Head of Policy Communications and Editor-In-Chief of Finance & Development Magazine
04 june 2025 - 09:36:14Washington, DC, United States (PANA) - Not many places match the European Union for quality of life. Its workers enjoy [...] Full text...
thread Economy
Bill Gates to direct majority of $200 million pledge toward Africa's future
03 june 2025 - 10:40:38Addis Ababa, Ethiopia (PANA) - The Chair of the Gates Foundation, Bill Gates, on Monday announced that the majority of [...] Full text...
thread Society
2025 FIFA U-20 WC: Mixed fortunes for African sides in group stage
30 may 2025 - 10:50:47Cairo, Egypt (PANA) - Africa’s four representatives at the upcoming FIFA U-20 World Cup Chile 2025 discovered their group-stage opponents [...] Full text...
thread Sports
Over 60 per cent of the Arab world still outside the banking system
15 may 2025 - 19:47:53Geneva, Switzerland (PANA) - Between 2016 and 2024, the number of Egyptians with a bank account – which experts say [...] Full text...
thread
Steering through the Fog: The Art and Science of Monetary Policy in Emerging Markets: Statement By Gita Gopinath, IMF First Deputy Managing Director
10 may 2025 - 10:35:12Washington, DC, United States (PANA) - Since early April, the US effective tariff rate has increased to levels last seen [...] Full text...
thread Economy
IMF, Mauritania reach staff-level deal on ECF, EFF, RSF supported programmes
10 may 2025 - 10:23:55Washington, DC, United States (PANA) - An International Monetary Fund (IMF) team, led by Felix Fischer, visited Nouakchott and Nouadhibou [...] Full text...
thread Economy
IMF welcomes resilience of WAEMU financial system but notes the sovereign‑bank nexus poses risks to stability
07 may 2025 - 11:14:36Dakar, Senegal (PANA) - Economic growth continues to be strong in the West African Economic and Monetary UNION (WAEMU) member [...] Full text...
thread Economy
IMF, Libya complete Article IV Mission
17 april 2025 - 10:17:48Washington, DC, US (PANA) - The dispute over the leadership of the Central Bank of Libya (CBL) last August and [...] Full text...
thread Economy
Kenya Central Bank lifts decade-long bank licensing freeze, doubles core capital
16 april 2025 - 19:15:32Nairobi, Kenya (PANA) - The Central Bank of Kenya (CBK) has lifted the decade-long moratorium on the licensing of commercial [...] Full text...
thread
2025 CAF U17 AFCON: Uganda, Egypt, Gambia, Angola in race for World Cup spots
12 april 2025 - 05:43:27Casablanca, Morocco (PANA) - The journey to FIFA U-17 World Cup in Qatar 2025 intensifies as Uganda, Gambia, Angola, and [...] Full text...
thread Sports
2024/25 CAF CL: Al Ahly, Sundowns and Pyramids face defining second legs
08 april 2025 - 07:20:10Cairo, Egypt (PANA) - The road to the semi-finals of the TotalEnergies CAF Champions League continues on Tuesday as four [...] Full text...
thread Sports
2025 CAF U-17 AFCON: Uganda, Egypt, Gambia, Angola in race for World Cup spots
08 april 2025 - 07:10:39Casablanca, Morocco (PANA) - The journey to Qatar 2025 intensifies as Uganda, Gambia, Angola, and Egypt prepare to fight for [...] Full text...
thread Sports
Libyan dinar devalued by 13.3%
06 april 2025 - 15:22:46Tripoli, Libya (PANA) - The Central Bank of Libya (CBL) announced on Sunday a 13.3% devaluation of the currency, dinar, [...] Full text...
thread Economy
WBG hosts second annual global digital summit to bridge the digital divide and boost economic growth
19 march 2025 - 08:40:19Washington, DC, United States (PANA) - The World Bank Group convened the second annual Global Digital Summit on Tuesday, bringing [...] Full text...
thread Society
South Africa welcomes court order to extradite Malawian fugitive
13 march 2025 - 09:44:35Cape Town, South Africa (PANA) – Pretoria has welcomed the Malawian court ruling on Wednesday that self- proclaimed prophet Shepherd [...] Full text...
thread Society
Women, girls bear brunt of cyberbullying against persons with disabilities
11 march 2025 - 15:54:15New York, US (PANA) - States must do more to prevent cyberbullying and overcome unequal access to assistive technology which [...] Full text...
thread Society
Banking for a better world: Catalysing local solutions for global impact: World Bank Blog By Akihiko Nishio, World Bank Vice President of Development Finance and Ed Mountfield, Vice President, Operations Policy and Country Services
04 march 2025 - 07:19:05Washington, DC, United States (PANA) - The world is grappling with a collective action problem. Tackling global challenges like biodiversity loss [...] Full text...
thread Economy
Rising rates may trigger financial instability, complicating fight against inflation: IMF Blog By Katharina Bergant, Mai Hakamada, Divya Kirti, and Rui C. Mano
14 february 2025 - 07:45:18Washington, DC, United States (PANA) - Before the pandemic, investors worried about how persistently low inflation and interest rates would [...] Full text...
thread Economy
IMF completes first review of Liberia’s ECF programme underlining governance reforms
06 february 2025 - 08:48:24Monrovia, Liberia (PANA) – Liberia is now in position to draw US$46 million from the International Monetary Fund (IMF) for [...] Full text...
thread Economy
Rights panel demands immediate release of Tunisian activist on hunger strike
06 february 2025 - 05:07:04Tunis, Tunisia (PANA) - Top independent rights experts reiterated their call to the Tunisian authorities on Wednesday to release an [...] Full text...
thread Society
Two companies sign CFAF 150 billion to boost Mali's cotton industry
05 february 2025 - 13:39:35Bamako, Mali (PANA) - A pool of banks represented by the Banque de Développement du Mali (BDM), one of the [...] Full text...
thread Economy
IMF Executive Board completes sixth review under ECF for Niger
23 january 2025 - 06:51:10Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has concluded the 2024 Article IV [...] Full text...
thread Economy
IMF staff, Egyptian authorities reach staff-level deal on EFF review
25 december 2024 - 12:31:37Cairo, Egypt (PANA) - The Egyptian authorities and staff of the International Monetary Fund (IMF) have reached staff-level agreement on [...] Full text...
thread Economy
IMF, Zambia strike deal on 4th review of Extended Credit Facility
12 november 2024 - 11:49:13Lusaka, 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 - 11:05:01Niamey, Niger (PANA) - Niger’s economic outlook is favourable over the near term, with growth projected at 8.8 percent this [...] Full text...
thread Economy
Sudan Central Bank announces issuance of new banknotes
10 november 2024 - 13:27:40Port Sudan, Sudan (PANA) - The Central Bank of Sudan on Saturday announced the issuance of new 1,000- and 500-pound [...] Full text...
thread Economy
World's largest bank by balance sheet CEO JP Morgan sets base in Kenya
25 october 2024 - 09:14:35Nairobi, Kenya (PANA) - JP Morgan, the world’s biggest bank by balance sheet, has received the approval of the Central [...] Full text...
thread Economy
IMF staff completes 2024 Article IV Consultation Mission to Chad
16 october 2024 - 10:56:27N’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
IMF, Seychellois authorities reach Staff-Level Agreement on Third Reviews
01 october 2024 - 14:24:08Washington, DC, US (PANA) - An International Monetary Fund (IMF) mission, led by Mr. Todd Schneider, conducted discussions with the [...] Full text...
thread Economy
Niger anticipates economic recovery on from oil revenues
01 october 2024 - 05:55:54Niamey, Niger (PANA) - Niger's economy is set to rebound after a year marked by an unprecedented political crisis. However, [...] Full text...
thread Economy
Libyan legislative chambers sign agreement on Central Bank crisis
26 september 2024 - 10:42:21Tripoli, Libya (PANA) - The United Nations Support Mission in Libya (UNSMIL) has announced that an official signing ceremony of [...] Full text...
thread Politics
IMF approves 40-month US$210 million ECF for Liberia
26 september 2024 - 10:06:01Monrovia, Liberia (PANA) - The Board of the International Monetary Fund (IMF) has approved US$210 million as an Extended Credit [...] Full text...
thread Economy
Benin prepares 2025 budget in compliance with WAEMU fiscal norm
12 september 2024 - 12:42:03Cotonou, Benin (PANA) - Benin’s authorities have started crafting the 2025 budget, targeting compliance with the West African Monetary Union [...] Full text...
thread Economy
Product market reforms, improved business environment essential vital for South Africa’s trade: IMF
05 september 2024 - 12:36:43Pretoria, South Africa (PANA) - While South Africa needs product-market reforms and improving business environment by removing obstacles to trade, [...] Full text...
thread Economy
Libya's legislative chambers ask for five days to arrive at consensus to end crisis in central bank
04 september 2024 - 05:51:10Tripoli, Libya (PANA) – Representatives of Libya's two legislative chambers – the House of Representatives (HoR) and High Council of [...] Full text...
thread Politics
UN Mission announces 'understandings' on resolution of Libya Central Bank crisis
03 september 2024 - 10:52:11Tripoli, Libya (PANA) - The United Nations Support Mission in Libya (UNSMIL) has announced that "important understandings" on ways to [...] Full text...
thread Economy
Financial sector at crossroads in emerging markets: Climate risks and financing gaps demand action
30 august 2024 - 06:55:38Washington, DC, United States (PANA) - In almost 60% of banks in Emerging Market and Developing Economies (EMDEs), lending for [...] Full text...
thread Economy
Libyan Central Bank suspends services following kidnapping of IT Director
18 august 2024 - 15:52:31Tripoli, Libya (PANA) - The Central Bank of Libya (BCL) has suspended all its services, administration and systems until the [...] Full text...
thread Society
Sudan war: Over a dozen more areas at risk of famine as fighting impedes aid
08 august 2024 - 07:07:04Geneva, Switzerland (PANA) With famine confirmed in the Zamzam displacement camp in Sudan’s North Darfur, there are growing concerns that [...] Full text...
thread Society
2024 Olympic Games: Morocco, Egypt eye historic men's football final match
05 august 2024 - 08:00:33Paris, France (PANA) - The possibility of an all-African final of the Men's Olympic Football Tournament at the Paris 2024 [...] Full text...
thread Sports
IMF Board allows Egypt to draw US$820 million under Extended Fund Facility
30 july 2024 - 07:46:40Cairo, Egypt (PANA) - The International Monetary Fund (IMF) on Monday completed the third review of the extended arrangement under [...] Full text...
thread Economy
IMF management approves Staff Monitored Programme for Equatorial Guinea
25 july 2024 - 11:07:04Washington, DC, United States (PANA) - Management of the International Monetary Fund (IMF) on Wednesday approved a 12-month non-financing Staff [...] Full text...
thread Economy
IMF Executive Board concludes 2024 Article IV consultation with Libya
12 july 2024 - 12:03:00Tripoli, Libya (PANA) - Libya remains a fragile state trapped in political uncertainty, but the episodes of active conflict have [...] Full text...
thread Economy
World Bank Group launches framework for inclusive, private sector-led, resilient growth in Tanzania
12 july 2024 - 10:58:44Dar es Salaam, Tanzania (PANA) - The World Bank Group’s (WBG) Board of Executive Directors has endorsed the new Country [...] Full text...
thread Economy
Approval for the Central Bank of Libya to join the Bank for International Settlements
28 june 2024 - 17:29:47Tripoli, Libya (PANA) - The Governor of the Central Bank of Libya (BCL), al-Siddik Omar al-Kebir, Thursday discussed with the [...] Full text...
thread Economy
Security Council says regional crisis deepens as Gaza war grinds on
26 june 2024 - 05:53:11New York, US (PANA) - While the situation in Gaza remains catastrophic, ongoing Israeli settlement expansion and escalating violence in [...] Full text...
thread Society
IMF traces signs of macroeconomic stabilisation in Comoros
22 june 2024 - 10:20:58Moroni, Comoros (PANA) - Reforms are beginning to bear fruit in the Comoros, with visible signs of macroeconomic stabilisation. But, according [...] Full text...
thread Economy
UN chief warns of ‘cyber mercenaries’ amid spike in weaponising digital tools
21 june 2024 - 07:44:25New York, US (PANA) - UN Secretary-General António Guterres on Thursday highlighted the dual-edged nature of cyberspace, stressing its potential [...] Full text...
thread Society
Central bank digital currencies can boost Middle East's financial inclusion, payment efficiency: IMF Blog By Serpil Bouza, Marcello Miccoli, Borislava Mircheva
19 june 2024 - 10:13:19Washington, DC, United States (PANA) - Almost two-thirds of countries in the Middle East and Central Asia are exploring adopting [...] Full text...
thread Economy
IMF urges South Sudan to uphold prudent macroeconomic policies
11 june 2024 - 11:55:15Juba, South Sudan (PANA) – The International Monetary Fund (IMF) is urging the authorities of South Sudan to return to [...] Full text...
thread Economy
IMF reaches staff-level deal on third review of Zambia’s ECF
05 june 2024 - 13:52:47Lusaka, Zambia (PANA) - The International Monetary Fund (IMF) and Zambia have reached a staff-level agreement on economic policies and [...] Full text...
thread Economy
Nigeria's national power grid, schools, banks, airports, others shut down as labour begins nationwide strike
03 june 2024 - 12:41:52Abuja, Nigeria (PANA) – A nationwide strike called by organised labour unions in Nigeria began on Monday and has crippled [...] Full text...
thread Society
Algeria: Investing in data key for diversified growth
22 may 2024 - 19:44:54Algiers, Algeria (PANA) - Algeria’s economic growth remained dynamic in 2023, with GDP recording a 4.1 per cent increase, driven [...] Full text...
thread Economy
Libyan PM calls for greater role for banks in supporting industrial sector
20 may 2024 - 19:14:04Tripoli, Libya (PANA) - The Libyan Prime Minister of the Government of National Unity, Abdulhamid al-Dbaiba, has stressed the need [...] Full text...
thread Economy
ECOWAS Bank, Ghana sign MoU for $200 million
14 may 2024 - 10:58:59Lome, Togo (PANA) - The ECOWAS Bank for Investment and Development (EBID) is to inject $200 million into the Ghanaian [...] Full text...
thread Economy
Libya, IMF focus on assessing general economic and financial situation in Libya
09 may 2024 - 16:40:21Tripoli, Libya (PANA) - Libya and the International Monetary Fund (IMF) continued discussions Thursday as part of the Article IV [...] Full text...
thread Economy
Governor, BCL and the United Nations Security Council Sanctions Committee meet over Libya
07 may 2024 - 20:00:33Tripoli, Libya (PANA) - The Governor of the Central Bank of Libya (BCL), Al-Seddik Omar al-Kebir, held a meeting via [...] Full text...
thread Economy
Managing Director of IFC to visit Benin on Wednesday
30 april 2024 - 13:52:53Cotonou, Benin (PANA) - The Managing Director of the International Finance Corporation (IFC), Makhtar Diop, is expected in Cotonou on [...] Full text...
thread Economy
Libya, Malaysia discuss ICT, Islamic banking finance
27 april 2024 - 12:38:52Tripoli, Libya (PANA) - A delegation from the High Council of State and the Libyan Ministry of Higher Education and [...] Full text...
thread Society
Libya's Minister for Economy reaffirms importance of investment, trade with Malta
25 april 2024 - 13:39:01Tripoli, Libya (PANA) - The Libyan Minister of Economy and Trade, Mohamed al-Haweij, has stressed the importance of investment, trade [...] Full text...
thread Economy
Libya attends meeting of IMF's African Consultative Group
17 april 2024 - 17:21:59Tripoli, Libya (PANA) - The governor of the Central Bank of Libya (BCL), Al-Seddik Omar Al-Kebir Wednesday took part in [...] 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 - 13:14:00Washington, United States (PANA) - Higher long-term real interest rates, lower growth, and higher debt will put pressure on medium-term [...] Full text...
thread Economy
First Islamic bank opens in Uganda
27 march 2024 - 18:38:07Kampala, Uganda (PANA) - Ugandan President Yoweri K. Museveni on Wednesday officiated the launch of Salaam Bank, Uganda's first-ever licensed [...] Full text...
thread Economy
More work is needed to make big banks resolvable: IMF Blog By Tobias Adrian and Marc Dobler
18 march 2024 - 19:24:45Washington DC, USA (PANA) - Almost a year ago, Credit Suisse, a globally systemic bank with $540 billion in assets [...] Full text...
thread Economy
Sudan internet shutdowns disrupt humanitarian operations
08 march 2024 - 22:50:07Nairobi, Kenya (PANA) - A near total communication blackout in Sudan following all network and internet shutdowns since February poses [...] Full text...
thread Economy
IMF avails US$390 million under ECF for poverty reduction in Togo
02 march 2024 - 10:50:09Lomé, Togo (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a 42-month arrangement of US$390 [...] Full text...
thread Economy
Rwanda’s economic performance strengthened in 2023 despite continued challenges
28 february 2024 - 17:37:02Kigali, Rwanda (PANA) - Rwanda’s economy grew at 7.6% in the first three quarters of 2023 despite a challenging global [...] Full text...
thread Economy
Malian Induatry minister lays foundation stone for cement factory in Sikasso region
12 february 2024 - 18:34:21Bamako, Mali (PANA) - Mali's Minister of Industry and Trade, Moussa Alassane Diallo, Saturday laid the foundation stone of a [...] Full text...
thread Economy
Burundi set for stronger economic recovery in 2024: IMF mission
23 january 2024 - 10:20:12Bujumbura, Burundi (PANA) – A stronger economic recovery is projected in Burundi for 2024, with real GDP expanding by 4.3 [...] Full text...
thread Economy
Libya announces unification of research and statistics departments, financial information unit of the Central Bank
09 january 2024 - 14:56:40Tripoli, Libya (PANA) - The third meeting of the committee formed to complete the procedures for unifying the branches of [...] Full text...
thread Economy
IMF concludes first reviews of Mauritania’s progress under EFF/ECF arrangements
20 december 2023 - 08:20:39Nouakchott, Mauritania (PANA) - The International Monetary Fund (IMF) Executive Board has announced completion of the first reviews under the [...] Full text...
thread Economy
2023 AFCON: Ecobank becomes official sponsor
20 december 2023 - 08:14:29Abidjan, Cote d'Ivoire (PANA) - The Confederation of African Football (CAF) has signed a deal with Ecobank, one of the [...] Full text...
thread Sports
IMF directors complete review of Comoros Fund-assisted reform programme
16 december 2023 - 11:04:19Moroni, Comoro (PANA) – The International Monetary Fund (IMF) Executive Board has welcomed the focus on structural reforms to strengthen [...] Full text...
thread Economy
DRC growth resilient amid challenging socioeconomic, security environment: IMF
15 december 2023 - 11:40:49Kinshasa, DR Congo (PANA) - While economic growth of the Democratic Republic of Congo (DRC) remains resilient, fiscal, depreciation and [...] Full text...
thread Economy
IMF sees near-term prospects for Algerian economy as favourable though inflation still high
15 december 2023 - 09:23:14Algiers, Algeria (PANA) - Algeria’s economic growth is projected to reach 4.2 percent in 2023, supported by robust activity in [...] Full text...
thread Economy
IMF, World Bank announce US$4.5 billion in debt relief for Somalia
14 december 2023 - 06:24:27Washington DC, USA (PANA) - The Executive Boards of the International Monetary Fund (IMF) and the World Bank’s International Development [...] Full text...
thread Economy
A woman has to earn everything in life - Unveiling the challenges faced by Luanda's young women: World Bank Blog By Ana Luiza Machado, Miriam Muller and Liliana Sousa
11 december 2023 - 06:44:18Luanda, Angola (PANA) - A statement by a young woman in Luanda, Angola echoes an experience faced by countless others: [...] Full text...
thread Gender
Libyan Prime Minister welcomes cooperation with Malaysia
08 december 2023 - 14:58:23Tripoli, Libya (PANA) - The Libyan Prime Minister, Abdulhamid al Dbaiba, has welcomed the cooperation between the Libyan National Council [...] Full text...
thread Politics
Financial crimes hurt economies - must be better understood and curbed: IMF Blog By Carolina Claver, Chady El Khoury, and Rhoda Weeks-Brown
07 december 2023 - 19:10:48Washington DC, United States (PANA) - The fight against financial crime isn’t lost, but the world needs to do more [...] Full text...
thread Economy
Zambia set to access $184 million in IMF financing
21 november 2023 - 10:18:19Lusaka, Zambia (PANA) - Zambian authorities and the International Monetary Fund (IMF) team have reached a staff-level agreement on economic [...] Full text...
thread Economy
Libya strives to modernise its fiscal, monetary policy frameworks with IMF support
21 november 2023 - 09:33:36Tripoli, Libya (PANA) – An International Monetary Fund (IMF) mission visiting Libya has expressed the Fund’s deepest condolences to the [...] Full text...
thread Economy
IMF and Libya end preliminary meetings
17 november 2023 - 12:34:12Tripoli, Libya (PANA) - The preliminary meetings of the Article 4 consultations between Libya and the International Monetary Fund (IMF), [...] Full text...
thread Economy
Karim Khan reveals acceleration of ICC investigations in Libya with 4,000 items of evidence collected
09 november 2023 - 12:37:56Tripoli, Libya (PANA) - The Prosecutor of the International Criminal Court (ICC), Karim Khan, has reported an acceleration in the [...] Full text...
thread Politics
Scaling innovation: Expanding We-Fi's digital cash flow product across Africa – World Bank Blog By Siegfried Zottel and Sean Ding
03 november 2023 - 18:26:11Accra, Ghana (PANA) - Imagine being seated across from a loan officer in a bank, stepping into the shoes of [...] Full text...
thread Gender
Comorian authorities, IMF staff reach deal on economic policies and reforms
02 november 2023 - 13:58:16Moroni, Comoro (PANA) – The Comoros’ expected growth in 2023 reflects an ongoing rebound in economic activity, says the International [...] Full text...
thread Economy
IMF, DRC reached staff-level deal on Extended Credit Facility
31 october 2023 - 18:41:49Kinshasa, DR Congo (PANA) – Regardless of a difficult and uncertain environment, the economy of the Democratic Republic of Congo [...] Full text...
thread Economy
World Bank partners with South Sudan to strengthen Central Bank's institutional capacity
18 october 2023 - 07:05:37Juba, South Sudan (PANA) — A new, first of its kind project in South Sudan will support the institutional strengthening [...] Full text...
thread Economy
New look at global banks highlights risks from higher-for-longer interest rates: IMF Blog by Charles Cohen, Srobona Mitra, Fabio Natalucci
17 october 2023 - 10:18:02Washington DC, United States (PANA) - Central banks could keep interest rates higher for longer as they fight to curb [...] Full text...
thread Economy
Governor of Central Bank of Libya attennds IMF's annual meetings in Morocco
14 october 2023 - 15:11:24Tripoli, Libya (PANA) - The Governor of the Central Bank of Libya (BCL), al-Seddik al-Kebir, took part on Friday in [...] Full text...
thread Economy
Higher-for-longer interest rate environment is squeezing more borrowers: IMF Blog By Tobias Adrian
11 october 2023 - 08:00:15Washington, DC, United States (PANA) - The world’s central banks have unleashed the steepest series of interest-rate increases in decades [...] Full text...
thread Economy
Resilient global economy still limping along, with growing divergences: IMF Blog By Pierre-Olivier Gourinchas
10 october 2023 - 15:34:50Washington DC, United States (PANA) - The global economy continues to recover from the pandemic, Russia’s invasion of Ukraine and [...] Full text...
thread Economy
New WB report identifies reforms to address fiscal challenges to inclusive growth in Comoros
08 october 2023 - 13:59:02Moroni, Comoros (PANA) - The World Bank says that, for Comoros to have a fiscal policy that achieves inclusive growth, [...] Full text...
thread Economy
Decline in oil output likely to upset Equatorial Guinea’s recovery prospects
07 october 2023 - 09:38:44Malabo, Equatorial Guinea (PANA) - Economic indicators in 2022 registered improvements after a long recession in Equatorial Guinea as real [...] Full text...
thread Economy
Money laundering poses risk to financial sector stability: IMF Blog (By Pierre Bardin, Antoine Bouveret, Grace Jackson, Maksym Markevych)
06 september 2023 - 10:02:42Washington DC, US (PANA) - Cross-border financial crime is here to stay. While people everywhere enjoy the convenience of a [...] Full text...
thread Economy
Internet celebrates its 40th birthday, but some users are twice its age! World Bank Blog
01 september 2023 - 15:45:07Washington DC, US (PANA) - Does internet help you to stay in touch with family and friends? If you answered [...] Full text...
thread Society
Botswana registers strong recovery, plans fiscal expansion in 2023
31 august 2023 - 16:41:59Gaborone, Botswana (PANA) - Botswana’s growth is expected to slow to 3.8 per cent in 2023 due to a projected [...] Full text...
thread Economy
US businesses in South Sudan urged to undertake 'robust' due diligence on corruption
15 august 2023 - 05:53:32Washington, DC, US (PANA) - U.S. businesses and Americans operating in South Sudan and the region should undertake robust due diligence [...] Full text...
thread Economy
Negotiated solution only way to end Sudan war: senior UN official
10 august 2023 - 06:41:57New York, US (PANA) - Ongoing mediation efforts aimed at resolving the conflict in Sudan are critical, a senior UN [...] Full text...
thread Politics
Sudan conflict: Local aid workers face hundreds of job losses
04 august 2023 - 12:53:50Nairobi, Kenya (PANA) - Sudan’s conflict has had a devastating impact on local aid workers, even as they take the [...] Full text...
thread Society
Global recovery slows amid widening divergences among economic sectors and regions: IMF
26 july 2023 - 06:34:11Washington, DC, US (PANA) - While the forecast for 2023 is modestly higher than predicted in the April 2023 World [...] Full text...
thread Economy
Global economy on track but not yet out of the woods: IMF Blog
25 july 2023 - 16:42:46Washington, DC, US (PANA) - The global economy continues to gradually recover from the pandemic and Russia’s invasion of Ukraine. [...] Full text...
thread Economy
Sudan crisis: Finance minister says no salaries for fourth month running
14 july 2023 - 17:03:03Khartoum, Sudan (PANA) - The Sudanese government says it is not able to provide salaries for thousands of employees for [...] Full text...
thread Economy
Everything you need to know about the FIFA Women’s World Cup
10 july 2023 - 08:10:52Zurich, Switzerland (PANA) - The countdown is on to the FIFA Women’s World Cup, to be hosted by Australia and [...] Full text...
thread Sports
IMF expresses concern about Uganda’s anti-LGBT law and development partners
22 june 2023 - 14:55:00Kampala, Uganda (PANA) - The Ugandan economy is projected to grow by 6 per cent in year 2023/24 while the [...] Full text...
thread Economy
AfDB moves to save thousands of African children at risk of dying before their fifth birthday
21 june 2023 - 08:47:46Abidjan, Cote d'Ivoire (PANA) - At least 216 million African children suffer from stunting and malnutrition in sub-Saharan Africa, where [...] Full text...
thread Health
Equatorial Guinea’s economy projected to decline by 6.4 percent: IMF team
10 june 2023 - 10:09:47Malabo, Equatorial Guinea (PANA) - Equatorial Guinea’s economy expanded in 2022 for the first time since 2014, with real GDP [...] Full text...
thread Economy
Global economy on precarious footing amid high interest rates: WB report
06 june 2023 - 11:36:17EDS: EMBARGOED: NOT FOR PUBLICATION, BROADCAST, OR TRANSMISSION UNTIL TUESDAY, 6 June, 2023, AT 1:30 PM UTC. Washington, DC, US (PANA) [...] Full text...
thread Economy
Libyan Economy Minister calls for development of the banking system
20 may 2023 - 12:38:37Tripoli, Libya (PANA) - Libyan Minister of Economy and Trade, Mohamed al-Haweij, has stressed the need to develop the banking [...] Full text...
thread Economy
Libya records US$23.5 billion GDP and 5.5 growth rate in 2022 - senior CBL official
17 may 2023 - 15:18:04Tripoli, Libya (PANA) - Libya recorded a total of 113 billion Libyan dinars (about 23.5 billion U.S. dollars) in gross [...] Full text...
thread Economy
Juba feels burden of returning citizens from conflict-ridden Sudan
17 may 2023 - 12:22:45Juba, South Sudan (PANA) - The return of tens of thousands of South Sudanese refugees from Sudan is exacerbating an [...] Full text...
thread Economy
Sudan conflict: Fighting escalates in West Darfur’s Geneina - Humanitarian charity
16 may 2023 - 13:02:14Khartoum, Sudan (PANA) - For the second time in three weeks, West Darfur’s Geneina was at the centre of senseless [...] Full text...
thread Politics
Sudan conflict: Displacement doubles in one week, says IOM
09 may 2023 - 16:53:25Geneva, Switzerland (PANA) - The number of internally displaced (IDPs) in Sudan has more than doubled in just the last [...] Full text...
thread Society
IMF team, DRC officials reach staff-level deal on ECF fourth review
04 may 2023 - 08:35:59Kinshasa, DR Congo (PANA) – Showing resilience, and with real GDP growth at 8.9 per cent in 2022, the economy [...] Full text...
thread Economy
Libyan PM praises communications sector for keeping Libyans informed
02 may 2023 - 20:04:58Tripoli, Libya (PANA) - The Libyan Prime Minister of the National Unity Government, Abdelhamid Al-Dbaiba, has praised the national strategy [...] Full text...
thread Economy
Burundi Central Bank to liberalize foreign exchange market
30 april 2023 - 18:29:48Bujumbura, Burundi (PANA) - The Bank of the Republic of Burundi (BRB, central bank) has announced in a statement that [...] Full text...
thread Economy
On second thought: What is really going on here? A reflection by Sudanese journalists about ongoing fighting in the country (A Feature by Mohamed Osman Adam, PANA, correspondent)
30 april 2023 - 16:35:32Khartoum, Sudan (PANA) - It all started with a comment from a South African radio station presenter: “How come you [...] Full text...
thread Society
Libyan Central Bank governor meets bankers on improving services, use of electronic payments in Libya
20 april 2023 - 14:53:42Tripoli, Libya (PANA) - The Governor of the Central Bank of Libya (CBL), al-Seddik al-Kebir, on Wednesday discussed with Libyan [...] Full text...
thread Economy
Libyan PM meets traders, livestock importers over meat for Eid al-Adha festiva
17 april 2023 - 17:16:47Tripoli, Libya (PANA) - Libyan Prime Minister of the Government of National Unity Abdelhamid Al-Dbaiba met Monday with livestock and [...] Full text...
thread Politics
Reform global financial architecture to achieve sustainable development: UN deputy chief
14 april 2023 - 08:47:24Washington, DC, US (PANA) - The Sustainable Development Goals (SDGs) are “slipping from our grasp” amid cascading global crises, highlighting [...] Full text...
thread Economy
Global outlook is uncertain amid financial sector turmoil, high inflation: IMF
12 april 2023 - 08:36:23Washington, DC, US (PANA) - Tentative signs in early 2023 that the world economy could achieve a soft landing—with inflation [...] Full text...
thread
Global financial system tested by higher inflation and interest rates: IMF Blog
11 april 2023 - 17:30:36Washington, DC, US (PANA) - Banking oversight was significantly strengthened after the global financial crisis, in part by requirements for [...] Full text...
thread Economy
Mauritius to become a plastic free country
11 april 2023 - 10:36:19Port-Louis, Mauritius (PANA) – The Mauritian Minister of Environment, Solid Waste Management and Climate Change, Mr Kavydass Ramano, on Tuesday, said [...] Full text...
thread Environment
World Bank steps up support to Morocco's financial, digital inclusion reforms
03 april 2023 - 18:51:10Rabat, Morocco (PANA) – Adding to two previous financings, the Board of Directors of the World Bank has approved a [...] Full text...
thread Economy
Tunisia reforming energy subsidies to enhance economic resilience
30 march 2023 - 11:07:38Tunis, Tunisia (PANA) - Tunisia's economic recovery slowed in 2022 while the current account and fiscal deficit rose amid mounting [...] Full text...
thread Economy
Global economy’s 'speed limit' set to fall to three-decade low: WB report
27 march 2023 - 13:38:19Washington, DC, US (PANA) - The global economy’s “speed limit”—the maximum long-term rate at which it can grow without sparking [...] Full text...
thread Economy
Libyan govt establishes group to monitor cash availability during Ramadan
24 march 2023 - 13:40:58Tripoli, Libya (PANA) - A meeting of senior officials of the Libyan government has agreed to form a chamber between [...] Full text...
thread Society
Central banks must enhance transparency to build trust: IMF
24 march 2023 - 05:10:03Washington, DC, US (PANA) - Economic and financial turbulence calls for greater transparency from policymakers, says the International Monetary Fund [...] Full text...
thread Society
CBL-IMF consultations end on need for Libya to diversify its sources of income
18 march 2023 - 07:59:47Tripoli, Libya (PANA) - The Governor of the Bank of Libya (CBL), Al-Seddik Omar al-Kebir, concluded on Friday in the [...] Full text...
thread Economy
CBL and IMF discuss the development of banking services in Libya
15 march 2023 - 14:14:12Tripoli, Libya (PANA) - Officials from the Central Bank of Libya (CBL) Wednesday discussed with the International Monetary Fund (IMF) [...] Full text...
thread Economy
Financial services gradually resume in Tigray
24 february 2023 - 23:55:39Addis Ababa, Ethiopia (PANA) - Financial services including banking, telecommunication and energy supply services have gradually resumed in Ethiopia's northern [...] Full text...
thread Economy
Libyan newspaper reveals new act of France's decline embodied in ''Donquichottesque' battle with Morocco
24 february 2023 - 19:47:25Tripoli, Libya (PANA) - The Libyan newspaper - Alsabaah - considers that many French diplomats and high ranking politicians, as [...] Full text...
thread Press Review
2023 U20 AFCON: CAF releases list of match officials
19 february 2023 - 06:23:58Cairo, Egypt (PANA) - A list of 16 referees, 18 assistant referees and six video assistant referees (VAR) has been [...] Full text...
thread Sports
IMF assigns resident financial adviser to Ghana's central bank
15 february 2023 - 10:54:20Accra, Ghana (PANA) - The International Monetary Fund (IMF) has appointed a financial adviser to Ghana's central bank, which the [...] Full text...
thread Economy
BCEAO governor hails resilience of Burkina Faso economy
13 february 2023 - 20:09:29Ouagadougou, Burkina Faso (PANA) - The Governor of the Central Bank of West African States (BCEAO), Jean-Claude Kassi Brou, on [...] Full text...
thread Economy
Tigray peace monitoring team urges opening of schools
11 february 2023 - 22:10:38Addis Ababa, Ethiopia (PANA) - The Joint Committee monitoring the peace process in Ethiopia's northern region of Tigray has praised [...] Full text...
thread Politics
World Bank approves $120 million to support finance for Tunisia’s SMEs
09 february 2023 - 07:49:36Tunis, Tunisia (PANA) – The World Bank has approved a US$120 million loan for Tunisia to fund the project ‘Support [...] Full text...
thread Economy
Continued urgent action needed to prevent food and nutrition crisis from worsening
09 february 2023 - 06:14:53Geneva, Switzerland (PANA) - As millions worldwide continue to go hungry, leaders of five international humanitarian, banking and trade organisations [...] Full text...
thread Agriculture
Libyan Oil Company holds forum to support oil and gas sector
04 february 2023 - 05:38:38Tripoli, Libya (PANA) - A forum to support the oil and gas sector in Libya, which aims to present the [...] Full text...
thread Economy
Ethiopian crisis: PM Abiy, TPLF leader Tadesse lead delegatons for first high level talks
03 february 2023 - 18:35:40Addis Ababa, Ethiopia (PANA) - Top officials of the Ethiopian government and Tigray People's Liberation Front (TLLF) on Friday held [...] Full text...
thread Politics
Ethiopian crisis: US commends commiment of government, TPLF to peace agreement
03 february 2023 - 06:22:16Washington, DC, US (PANA) - The US has commended the Ethiopian government and rebel Tigray People's Liberation Front (TPLF) for [...] Full text...
thread Politics
IMF staff concludes governance diagnostic for the Gambia
27 january 2023 - 16:47:52Banjul, Gambia (PANA) - At the request of the government, an International Monetary Fund (IMF) mission led by Olivier Basdevant has [...] Full text...
thread Economy
IMF approves US$ 86.9 million Extended Fund Facility for Mauritania
26 january 2023 - 07:12:34Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has concluded the Article IV consultation [...] Full text...
thread Economy
UAE, DR Congo set up company to purchase DR Congo gold
14 january 2023 - 18:33:42Kinshasa, DR Congo (PANA) - DR Congo and the United Arab Emirates have set up a company, Primera Gold DRC, [...] Full text...
thread Economy
Burundi central bank imposes ceiling on daily, monthly cash withdrawal
14 january 2023 - 13:37:27Bujumbura, Burundi (PANA) - The Central Bank of the Burundi (BRB) has imposed daily and monthly withdrawals from banks to [...] Full text...
thread Economy
Third Libyan International Banking, Insurance and Investment Fair begins
11 january 2023 - 13:35:47Tripoli, Libya (PANA) - Libya's Deputy Minister of Economy and Trade, Souhail Abou Chiha, on Tuesday inaugurated the Third International [...] Full text...
thread Economy
Ethiopian crisis: PM Abiy orders essential services to be restored in Tigray region
27 december 2022 - 10:35:06Addis Ababa, Ethiopia (PANA) - The Ethiopian national carrier, Ethiopian Airlines, is to resume flights to the Tigray region capital, [...] Full text...
thread Politics
IMF Executive Board approves US$ 149.3 million Disbursement for Chad
23 december 2022 - 11:27:47Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Thursday approved the disbursement of SDR [...] Full text...
thread Economy
Sahel-Saharan Bank holds annual general meeting
20 december 2022 - 13:11:04Tripoli, Libya (PANA) -The ordinary general assembly of the Sahel-Saharan Bank for Investment and Commerce (BSIC) for the year 2022 [...] Full text...
thread Economy
Abdelhamid Al-Dbaiba announces measures for return of SEN-SAD to Tripoli
19 december 2022 - 16:00:03Tripoli, Libya (PANA) - The Prime Minister of the National Unity Government, Abdelhamid Al-Dbaiba, announced here Monday that necessary measures [...] Full text...
thread Economy
Djibouti needs urgent action to restore debt sustainability: IMF mission
17 december 2022 - 08:57:57Djibouti City, Djibouti (PANA) – Large investments over the past decade have driven strong economic growth in Djibouti, but the [...] Full text...
thread Economy
Former Senegalese minister to lead green energy infrastructure alliance
13 december 2022 - 17:19:46Abidjan, Cote d'Ivoire (PANA) - African Development Bank Group President Dr. Akinwumi Adesina has appointed Senegal’s former minister Amadou Hott [...] Full text...
thread Economy
US sanctions four Zimbabweans, including president's son; removes 17 from sanctions list
13 december 2022 - 06:55:09Washington, D.C., US (PANA) - The U.S. Department of the Treasury’s Office of foreign Assets Control (OFAC) on Monday imposed sanctions on [...] Full text...
thread Politics
CBL Governor discusses banking sector and financial stability issues in the UAE
08 december 2022 - 14:55:47Tripoli, Libya (PANA) - The governor of the Central Bank of Libya (CBL), Seddik al-Kebir, discussed Thursday in the capital [...] Full text...
thread Economy
Ethiopian crisis: Electricity restored to Tigray capital Mekelle
07 december 2022 - 13:03:57Addis Ababa, Ethiopia (PANA) – Electricity has been restored to Mekelle, the capital of Tigray region of Ethiopia, after more [...] Full text...
thread Economy
EBRD and EU support micro, small and medium-sized enterprises in Egypt
24 november 2022 - 13:22:36Cairo, Egypt (PANA) - The European Bank for Reconstruction and Development (EBRD) announced on Thursday a financial package of up [...] Full text...
thread Economy
US companies urged to invest in Libya
19 november 2022 - 17:44:20Tripoli, Libya (PANA) - The Governor of the Central Bank of Libya (BCL), Seddik al-Kebir, has urged US companies to [...] Full text...
thread Economy
Libyan central bank Governor calls for adoption of banking supervision standards
18 november 2022 - 11:33:52Tripoli, Libya (PANA) - The Governor of the Central Bank of Libya (CBL), Seddik al-Kebir, on Thursday stressed the importance [...] Full text...
thread Economy
International Conference on Digital Economy and Digital Banking opens in Mauritius
31 october 2022 - 17:05:50Pte-aux-Piments, Mauritius (PANA) - Mauritian Prime Minister Pravind Kumar Jugnauth on Monday opened a two-day international conference on digital economy [...] Full text...
thread Economy
Ethiopian crisis: Tigray conflict is a health crisis for 6 million people: WHO chief
20 october 2022 - 05:26:50Geneva, Switzerland (PANA) - The Director of the World Health Organisation (WHO) urged the international community and the media on [...] Full text...
thread Society
Traders in Accra shut their shops to protest high cost of doing business
19 october 2022 - 11:23:57Accra, Ghana (PANA) - Traders in the Ghanaian capital, Accra, closed their shops on Wednesday on the first day of [...] Full text...
thread Economy