IMF reaches Staff Level agreement on Second Review of ECF for Ethiopia
28 november 2024 - 09:29:50Washington, DC, US (PANA) - A staff team from the International Monetary Fund (IMF) led by Mr. Alvaro Piris and [...] Full text...
thread Economy
Breaking news
- Agriculture
AfDB approves €24 million loan to Côte d’Ivoire to improve fisheries and aquaculture sectors
- Culture
Senior US diplomat participates in Dakar Biennale
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Friday’s exchange rates for the Tanzania Shilling
- Environment
Choosing our future: Country lessons on unlocking education for action: World Bank Blog By Luis Benveniste and Sergio Venegas Marin
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UN: Number of Sudanese people at risk of GBV tripled
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WHO’s would-be Regional Director for Africa passes on
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US congratulates Mauritania on 64th independence anniversary
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Lessons of Hamas operation against Israel, - Libyan newspaper,
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The promise and peril of runaway technological advances
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Libya chairs Arab discussion group at mine action session
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‘We need peace’: UN Alliance of Civilizations Global Forum concludes with hope
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Premier League giants gain edge in Osimhen race After Galatasaray’s major setback
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Washington, DC, US (PANA) - A staff team from the International Monetary Fund (IMF) led by Mr. Alvaro Piris and [...] Full text...
Norway announces early pledge to IDA21 during G20 Summit in Rio de Janeiro
19 november 2024 - 07:09:14Rio de Janeiro, Brazil (PANA) - In a significant move to bolster global development efforts, Norway has announced its early [...] Full text...
thread Economy
IMF concludes review of Morocco’s RSF arrangement, allows disbursement of US$415 million
13 november 2024 - 07:54:46Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the second review [...] Full text...
thread Economy
IMF, Zambia strike deal on 4th review of Extended Credit Facility
12 november 2024 - 11:49:13Lusaka, Zambia (PANA) - The lingering effects of drought have hit Zambia's economic landscape harder than anticipated, with reduced agricultural [...] Full text...
thread Economy
IMF issues preliminary statement on assessment of Congo’s financial stability
08 november 2024 - 08:16:18Washington, DC, United States (PANA) - International Monetary Fund (IMF) staff is engaging with the Republic of Congo authorities to [...] Full text...
thread Economy
Adapt or perish: UN calls for urgent action at COP29 climate summit
07 november 2024 - 12:44:46Cairo, Egypt (PANA) - Come hell or high water, nations must urgently scale up climate adaptation efforts, the UN Environment [...] Full text...
thread Environment
EC publishes 2023 international climate finance figures
05 november 2024 - 13:07:39Brussels, Belgium (PANA) - In 2023, the European Union and its 27 member states contributed €28.6 billion in climate finance [...] Full text...
thread Environment
IMF staff conclude Article IV discussions with Somalia
01 november 2024 - 07:12:01Washington, DC, US (PANA) - A staff team from the International Monetary Fund (IMF), led by Ms. Laura Jaramillo, has [...] Full text...
thread Economy
IMF concludes reviews with Kenya
31 october 2024 - 08:19:16Washington, DC,US (PANA) - The Executive Board of the International Monetary Fund (IMF) concluded today the seventh and the eighth [...] Full text...
thread Economy
From challenges to opportunities: Transforming human capital in CEMAC: World Bank Blog By Ioana Botea and Nathalie Lahire
28 october 2024 - 12:08:47Yaoundé, Cameroon (PANA) - Human capital is a cornerstone for sustained and inclusive growth. In today’s world, a nation’s wealth [...] Full text...
thread Society
How to advance women’s roles in peace and security
24 october 2024 - 11:26:08Geneva, Switzerland (PANA) - Ongoing conflicts in Gaza, Haiti, Sudan and Ukraine and beyond reveal that females are disproportionately affected [...] Full text...
thread Gender
Rwanda’s economic growth among strongest in Sub-Saharan Africa: IMF
23 october 2024 - 08:51:42Kigali, Rwanda (PANA) – International Monetary Fund (IMF) staff and the Rwandan authorities have reached staff-level agreement on policies needed [...] Full text...
thread Economy
EC extends mandate of EU advisory mission in CAR for two years
22 october 2024 - 14:51:08Brussels, Belgium (PANA) - The European Council has adopted a decision extending the mandate of the EU advisory mission in [...] Full text...
thread Politics
IMF staff urge strong governance, speedy reforms for inclusive growth in Madagascar
19 october 2024 - 09:42:53Antananarivo, Madagascar (PANA) - Strengthening governance and accelerating reforms to bolster resilience to climate shocks and attract climate finance for [...] Full text...
thread Economy
IMF, reach staff level deal on review of ECF and RSF before approval of more financial support
18 october 2024 - 07:53:28Dar es Salaam, Tanzania (PANA) - Tanzanian authorities and the International Monetary Fund (IMF) have reached staff-level agreement on the [...] Full text...
thread Economy
IMF team assesses Senegal’s finance inspectorate reports
17 october 2024 - 12:26:35Dakar, Senegal (PANA) - An International Monetary Fund (IMF) staff team has started assessing in Senegal the implications of the [...] Full text...
thread Economy
UN chief proposes $3.6 billion budget for 2025, highlighting peace, development and reforms
17 october 2024 - 05:13:57New York, US (PANA) - The UN Secretary-General on Wednesday presented a $3.6 billion budget proposal for programmes in 2025, [...] 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
UK, Libyan officials discuss political, economic, security issues in Libya
15 october 2024 - 11:11:23Tripoli, Libya (PANA) - The President of the Libyan Presidential Council, Mohamed al-Manfi, on Monday discussed political, economic, and security [...] Full text...
thread Politics
The Chief Economists of Government Network supporting the role of Africa’s chief economic advisors: World Bank Blog By Trudi Makhaya
15 october 2024 - 06:58:53Lusaka, Zambia (PANA) - Today’s political chief executive is expected to play a significant role in driving economic policy. Heads [...] Full text...
thread Society
World Bank economic update proposes policy options to promote Gabon’s forest conservation
14 october 2024 - 15:03:26Libreville, Gabon (PANA) - Gabon experienced lower growth in 2023 (2.4%) amid transport disruptions that impacted wood and manganese production, [...] Full text...
thread Economy
Urgent education reform key to unlocking faster, more inclusive growth in Africa: WB report
14 october 2024 - 14:42:34Washington, DC, United States (PANA) - Despite signs of a fragile economic recovery, Sub-Saharan Africa, remains stuck in “low gear” [...] Full text...
thread Society
Benin to contribute $2 million to the African Development Fund
13 october 2024 - 05:22:58Cotonou, Benin (PANA) - Benin has pledged $2 million to the next replenishment of the African Development Fund (ADF), the [...] Full text...
thread Economy
IMF staff, Gambia review country’s programme under ECF arrangement
12 october 2024 - 12:02:05Banjul, Gambia (PANA) – The International Monetary Fund (IMF) staff and the Gambian authorities have conducted productive discussions on economic [...] Full text...
thread Economy
WHO issues travel advice in context of Marburg Virus Disease outbreak in Rwanda
11 october 2024 - 18:59:20Geneva, 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 - 11:38:27Abidjan, 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
'Work towards establishing unified budget': Security Council tells Libyan institutions
10 october 2024 - 11:36:24New York, US (PANA) - The UN Security Council on Wednesday called on relevant Libyan institutions to take the necessary [...] Full text...
thread Politics
UN Security Council welcomes agreement to end Libya Central Bank crisis
10 october 2024 - 06:28:54New York, US (PANA) - The UN Security Council has welcomed the agreement reached between Libyan actors on the Central [...] Full text...
thread Politics
WHO calls for action to halt rise in hearing loss in Africa
08 october 2024 - 05:09:55Nairobi, Kenya (PANA) - The number of people in Africa living with hearing loss could rise to 54 million by [...] Full text...
thread Health
South Sudan faces macroeconomic challenges resulting from endless war in neighbouring Sudan: IMF team
02 october 2024 - 18:12:48Juba, South Sudan (PANA) – South Sudan continues to face several difficult macroeconomic challenges, partly resulting from the spillovers of [...] 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
Djibouti's economy shows strong growth in 2023 despite fiscal challenges
30 september 2024 - 10:19:49Djibouti, Djibouti (PANA) - Djibouti’s economy achieved an impressive rebound in 2023, outperforming forecasts with GDP growth estimated at 6.7 [...] 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
Somalia navigates progress amidst persistent challenges
25 september 2024 - 07:58:45Mogadishu, Somalia (PANA) - Somalia has made significant macroeconomic strides in recent years, but these gains have yet to translate [...] Full text...
thread Society
UNAIDS: Rising debt in sub-Saharan Africa costing lives
20 september 2024 - 06:05:03New York, US (PANA) - A report by UNAIDS has detailed how debt crisis is jeopardising progress aimed at ending [...] Full text...
thread Health
Political parties of all stripes are pushing for higher government spending: IMF Blog By Era Dabla-Norris, Enrico Di Gregorio, and Yongquan Cao
17 september 2024 - 10:49:24Washington, DC, United States (PANA) - Conservative politics has traditionally been defined by its emphasis on fiscal prudence and the [...] Full text...
thread Politics
Senegalese President dissolves parliament, sets 17 November for election
13 september 2024 - 07:50:27Dakar, Senegal (PANA) - Senegalese President Bassirou Diomaye Faye has dissolved Parliament and set 17 November 2024 for a fresh [...] Full text...
thread Politics
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
IMF Executive Board finds Botswana’s financial sector sound, stable, and resilient
11 september 2024 - 10:34:26Gaborone, Botswana (PANA) – Due to a diamond market contraction, Botswana’s economic growth is expected to slow to 1 percent [...] Full text...
thread Economy
AfDB launches 60th birthday festivities
10 september 2024 - 11:38:27Abidjan, Cote, d'Ivoire (PANA) - The President and Chairman of the Boards of Directors of the African Development Bank (AfDB) [...] Full text...
thread Economy
IMF praises Uganda’s economic recovery efforts with low inflation
10 september 2024 - 08:18:23Kampala, Uganda (PANA) - Uganda has navigated the post pandemic recovery well due to sound macroeconomic policies and its economic [...] Full text...
thread Economy
Despite declining growth South Africa can repay IMF, Board concludes
05 september 2024 - 11:21:07Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) concluded the Post Financing Assessment [...] Full text...
thread Economy
Strengthening fiscal resilience in small states: World Bank Blog By Sam Hill and Jeetendra Khadan
04 september 2024 - 12:05:32Washington DC, United states (PANA) - Small states, those with a population of 1.5 million or less, face significant fiscal [...] Full text...
thread Economy
IMF approves US$7.3 million disbursement to Guinea Bissau
29 august 2024 - 12:31:51Bissau, Guinea Bissau (PANA) – The International Monetary Fund (IMF) has allowed an immediate disbursement of US$7.3 million to help [...] Full text...
thread Economy
Partnership in the water and sanitation sector brings hope to DR Congo: World Bank Blog By Saroj Kumar Jha, Nancy Eslick and David Tshilumba Mutombo
29 august 2024 - 11:11:22Kinshasa, DR Congo (PANA) - In the Democratic Republic of Congo (DRC) many people have to walk to rivers to [...] Full text...
thread Society
Fourteen African countries, key partners unite to provide critical resources for health in WHO’s first-ever Investment Round
28 august 2024 - 11:38:48Brazzaville, Congo (PANA) — In an unprecedented show of unity in support of the World Health Organisation (WHO), 14 African [...] Full text...
thread Health
WHO outlines its financial need for mpox response
27 august 2024 - 20:13:13Geneva, Switzerland (PANA) - Following the declaration of a global emergency on 14 August, WHO needs US$ 87.4 million over [...] Full text...
thread Health
UN Mission in Libya convenes emergency meeting to resolve Central Bank crisis
27 august 2024 - 12:32:51Tripoli, Libya (PANA) - The United Nations Support Mission in Libya (UNSMIL) says it is convening an emergency meeting for [...] 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 - 07:46:56Lusaka, Zambia (PANA) - The government of Zambia has laid out an ambitious plan to universalize primary and secondary education. [...] Full text...
thread Society
Status quo ‘not sustainable’ in increasingly unstable Libya, Security Council hears
20 august 2024 - 17:32:46New York, US (PANA) - Recent “unilateral acts” by rival sides in Libya have led to a rapid deterioration in [...] Full text...
thread Politics
Designing sustainable participatory processes: Lessons from Kenya: World Bank Blog By Annette Akinyi Omolo and Helene Carlsson Rex
16 august 2024 - 07:39:53Nairobi, Kenya (PANA) - In Kenya, public participation is both a cornerstone of sustainable development and a right enshrined in [...] Full text...
thread Society
Congo designs fiscal instruments for sustainable forestry, economic growth
14 august 2024 - 07:42:44Brazzaville, Congo (PANA) – Republic of Congo’s economy is gradually recovering, with GDP growth estimated at 1.9% in 2023, according [...] Full text...
thread Economy
Africa LEADS: Integrating knowledge and operations for a better Bank: World Bank Blog By Arianna Legovini, Sutayut Osornprasop, Aidan Coville and Shane Romig
09 august 2024 - 09:15:51Cape Town, South Africa (PANA) - Imagine a life without electricity to light up your home, clean water to drink [...] Full text...
thread Society
Bold fiscal reforms can unlock Cameroon’s full potential
06 august 2024 - 16:47:46Yaoundé, Cameroon (PANA) - The World Bank on Tuesday launched two flagship economic reports: the 2024 Cameroon Economic Update and [...] Full text...
thread Economy
US Secretary of State Blinken urges Sudan's military ruler to participate in ceasefire talks
06 august 2024 - 09:52:17Washington, DC, US (PANA) - US Secretary of State Antony Blinken has spoken by phone with the Head of the [...] Full text...
thread Society
Sudan famine: Emergency response must include more than food, urges top UN aid official
06 august 2024 - 05:53:20Port Sudan, Sudan (PANA) - The battle to prevent lives being lost in Sudan to famine must include a comprehensive [...] Full text...
thread Society
World Bank backs Ethiopia's reforms to promote sustainable, inclusive growth, take climate action
31 july 2024 - 08:46:38Washington, DC, United States (PANA) - The World Bank’s Board of Executive Directors on Tuesday approved the Ethiopia First Sustainable [...] Full text...
thread Economy
IMF Executive Board approves four-year US$3.4 billion Extended Credit Facility arrangement for Ethiopia
30 july 2024 - 11:47:18Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a four-year arrangement under [...] Full text...
thread Economy
Maximising returns to human capital in Mauritania for increased wealth, shared prosperity
26 july 2024 - 11:20:08Nouakchott, Mauritania (PANA) - The World Bank on Friday released the seventh edition of its Economic Update for Mauritania, which [...] Full text...
thread Economy
CAR faces tough socioeconomic situation in governance reforms: IMF
25 july 2024 - 09:56:53Bangui, CAR (PANA) – Despite the particularly difficult socioeconomic context and significant financing needs, Central African Republic (CAR) continues to [...] Full text...
thread Economy
Malawi Economic Monitor calls for urgent, sustained reforms for faster, more inclusive growth
25 july 2024 - 07:40:09Lilongwe, Malawi (PANA) - Malawi’s current economic difficulties require a combination of immediate response measures and urgent reforms to address [...] Full text...
thread Economy
AfDB grants DRC $260 million loan to strengthen agricultural sector
19 july 2024 - 05:47:57Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a loan of [...] Full text...
thread Agriculture
European Council agrees its position on EU 2025 draft budget
17 july 2024 - 18:08:55Brussels, Belgium (PANA) – The European Council on Wednesday reached an agreement on its position on the 2025 EU draft [...] Full text...
thread Economy
New report highlights best practices to support African businesses
16 july 2024 - 07:50:01Accra, Ghana (PANA) - The annual Country Policy and Institutional Assessment (CPIA) for Africa confirms that countries in Sub-Saharan Africa [...] Full text...
thread Economy
European Council adopts measures in support of Beninese Armed Forces
15 july 2024 - 11:31:57Brussels, Belgium (PANA) – The European Council (EC) on Monday adopted an assistance measure worth €5 million under the European [...] Full text...
thread Society
Diamond market contraction slows down Botswana’s growth
13 july 2024 - 11:17:19Gaborone, Botswana (PANA) - Botswana’s economic growth is expected to slow to 1 percent in 2024, primarily because of a [...] 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
Mali launches cleanup of drains and gutters in Bamako
11 july 2024 - 15:46:50Bamako, Mali (PANA) - The Malian government on Tuesday launched Operation 2024 to clean the capital's drains and gutters to [...] Full text...
thread Environment
IMF completes Gambia’s first review under Extended Credit Facility
10 july 2024 - 07:53:35Banjul, Gambia (PANA) - Gambia’s economic activity continues to recover robustly and its growth was estimated at 5.3 percent in [...] Full text...
thread Economy
IMF completes fourth review of Mozambique’s ECF, releases US$60.03 million budget support
09 july 2024 - 08:05:07Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) has announced completion of the [...] Full text...
thread Economy
Donor delegation expresses satisfaction with Cape Verde's Tech Park
07 july 2024 - 07:33:29Praia, Cape Verde (PANA) - A high-level donor delegation that included the African Development Bank (AfDB) has expressed strong admiration [...] Full text...
thread Society
Preserving the Congo Basin forest: Game changer for Africa and the world: World Bank Blog By Cheick Fantamady Kanté
05 july 2024 - 07:16:34Brazzaville, Congo (PANA) - As African leaders convene in Brazzaville to discuss the forest agenda, it is crucial to reflect [...] Full text...
thread Environment
Anti-Govt protests continue in Kenya amid more violence
02 july 2024 - 18:02:18Nairobi, Kenya (PANA) - Protests against the government of President William Ruto continued in Nairobi on Tuesday for the third [...] Full text...
thread Politics
IMF concludes 2024 Article consultation with Benin
28 june 2024 - 11:36:18Washington, DC, USA (PANA) - The Executive Board of the International Monetary Fund (IMF) has concluded the 2024 Article IV [...] Full text...
thread Economy
IMF staff completes 2024 Article IV mission to Zimbabwe
28 june 2024 - 11:03:39Harare, Zimbabwe (PANA) - Despite headwinds, Zimbabwe’s economy continues showing resilience but growth is expected to decelerate to about 2 [...] Full text...
thread Economy
Kenyans brace themselves for more protests despite President Ruto's U-turn on Finance Bill
27 june 2024 - 10:19:27Nairobi, Kenya (PANA) - Kenyans are bracing themselves for another wave of protests on Thursday despite President William Ruto withdrawing [...] Full text...
thread Politics
IMF completes Zambia’s third review under ECF, approves access to US$569.6 million
27 june 2024 - 07:07:00Lusaka, Zambia (PANA) - The Executive Board of the International Monetary Fund (IMF) completed on Wednesday the third review of [...] Full text...
thread Economy
IMF, US State Department express concern about bloody Kenya riots
27 june 2024 - 06:27:42Washington, DC, United States (PANA) - The International Monetary Fund (IMF) and US Department of State have expressed concern about [...] Full text...
thread Politics
Update Kenya Bill: Kenyan President withdraws contentious Finance Bill, cuts State House budget
26 june 2024 - 17:35:46Nairobi, Kenya (PANA) - Kenyan President William Ruto withdrew the contentious Finance Bill 2024 on Wednesday and agreed to reduce [...] Full text...
thread Economy
Libyan-European support for UNSMIL to sponsor a intra-Libyan political process
26 june 2024 - 17:24:36Tripoli, Libya (PANA) - The chairman of the Libyan Presidential Council, Mohamed Al-Manfi, and the European Union (EU) ambassadors accredited [...] Full text...
thread Politics
Businesses resume in Kenyan capital after Tuesday's bloody violence
26 june 2024 - 16:26:04Nairobi, Kenya (PANA) - Businesses resumed on Wednesday in tense Nairobi after Tuesday's bloody violence in which protesters raided Parliament [...] Full text...
thread Politics
Death toll in Kenya tax protests up to 13, according to medics
26 june 2024 - 11:46:56Nairobi, Kenya (PANA) - At least 13 people were killed when police clashed with protesters who stormed Parliament against a [...] Full text...
thread Politics
Climate-smart focus in livestock sector can help Tanzania increase production, generate jobs
26 june 2024 - 10:22:23Dar es Salaam, Tanzania (PANA) - Tanzania can significantly boost its livestock sector's economic contribution with a bold and comprehensive [...] Full text...
thread Agriculture
Strong consumption, investment demand among factors boosting Côte d’Ivoire’s outlook
26 june 2024 - 08:40:56Abidjan, Côte d’Ivoire (PANA) - Côte d’Ivoire’s economy remains resilient against a still difficult global backdrop. Despite lower than expected [...] Full text...
thread Economy
Over three million preventable deaths per year due to alcohol and drug use
26 june 2024 - 05:42:02Geneva, Switzerland (PANA) - Over three million deaths per year were attributable to alcohol consumption and drug use, a new [...] Full text...
thread Health
World Bank offers US$700 million to help Egypt achieve sustainable, diversified and resilient growth
24 june 2024 - 08:13:39Washington, DC, United States (PANA) - The World Bank has announced US$700 million in Development Policy Financing (DPF) for the [...] Full text...
thread Economy
IMF traces signs of macroeconomic stabilisation in Comoros
22 june 2024 - 10:20:58Moroni, Comoros (PANA) - Reforms are beginning to bear fruit in the Comoros, with visible signs of macroeconomic stabilisation. But, according [...] Full text...
thread Economy
Easing Guinea’s food insecurity: IMF’s Food Shock Window By Pilar Garcia Martinez, Joseph Ntamatungiro, and Neree Noumon
21 june 2024 - 15:42:02Conakry, Guinea (PANA) - IMF emergency financing has supported Guinea’s efforts to cope with the effects of macroeconomic shocks, underpinned [...] Full text...
thread Agriculture
Integrity and transparency of spending and security in Sub-Saharan Africa. Are they the missing links? World Bank Blog By Yousif Elmahdi and Gael Raballand
21 june 2024 - 13:22:23Ouagadougou, Burkina Faso (PANA) - Security spending is on the rise in several regions in Sub-Saharan Africa. However, in contexts [...] Full text...
thread Society
IMF Board approves US$ 149.4 million budget support for Tanzania
21 june 2024 - 10:17:27Dar es Salaam, Tanzania (PANA) – The International Monetary Fund (IMF) has completed the third review of the Extended Credit [...] Full text...
thread Economy
Somalia expects 3.1 percent GDP growth, rebounding from drought and commodity price shocks
20 june 2024 - 17:41:57Mogadishu, 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
Senegal’s new authorities committed to growth-friendly fiscal consolidation
20 june 2024 - 11:33:20Dakar, Senegal (PANA) - An International Monetary Fund (IMF) staff team has welcomed the Senegalese new authorities’ commitment to the [...] Full text...
thread Economy
Top UN official in Libya highlights need for inclusive talks to end stalemate
20 june 2024 - 06:41:11New York, US (PANA) - Libyans overwhelmingly desire a political consensus so that credible national elections can be held that [...] Full text...
thread Politics
UNICEF says most African countries not allocating enough budget to education
16 june 2024 - 13:07:18Dakar, Senegal, (PANA) - The UN Children's Fund (UNICEF) says most African countries are not meeting their commitments to allocate [...] Full text...
thread Society
Burundi govt comes to the rescue of country's only public university
14 june 2024 - 15:55:09Bujumbura, Burundi (PANA) - Burundi's only public university, based in Bujumbura, is to receive State subsidies to relaunch its accommodation, [...] Full text...
thread Politics
AfDB approves $8.6 million grant to boost non-oil revenue mobilisation in South Sudan
13 june 2024 - 11:23:00Juba, South Sudan (PANA) - The African Development Bank (AfDB) is providing additional financial support to enable South Sudan to [...] Full text...
thread Agriculture
IMF team, Kenya reach staff-level deal on reviews of EFF, ECF arrangements
12 june 2024 - 10:21:16Nairobi, Kenya (PANA) - Kenya’s economic growth recovered in 2023 with real GDP growing by 5.6 percent, supported by a [...] Full text...
thread Economy
Belgium provides €75 million in financial support to Burundi
10 june 2024 - 14:05:05Bujumbura, Burundi (PANA) - Belgium is to release a financial package of 75 million euros over the next five years [...] Full text...
thread Politics
São Tomé and Príncipe faces serious economic challenges: IMF
07 june 2024 - 07:20:04São Tomé, São Tomé and Príncipe (PANA) - Accelerating reforms of the energy sector is urgently needed to alleviate pressures [...] Full text...
thread Economy
José Luis Castro appointed as WHO Director-General Special Envoy for Chronic Respiratory Diseases
06 june 2024 - 09:20:43Geneva, Switzerland (PANA) - The World Health Organization (WHO) on Thursday announced the appointment of Mr José Luis Castro as [...] Full text...
thread Health
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
IMF, Cameroon reach staff-level agreement on first review of ECF, RSF
04 june 2024 - 11:51:18Yaoundé, Cameroon (PANA) - The International Monetary Fund (IMF) and the Cameroonian authorities have reached a staff-level agreement on the [...] Full text...
thread Economy
IMF, Niger reach staff-level deal on reviews of ECF and RSF
01 june 2024 - 18:05:10Niamey, Niger (PANA) - With the economic outlook promising over the near and medium term, the International Monetary Fund (IMF) [...] Full text...
thread Economy
World Bank assists Kenya to ease short-term fiscal pressures
31 may 2024 - 10:07:18Nairobi, Kenya (PANA) - The World Bank has approved new funding to help Kenya address short-term fiscal pressures and simultaneously [...] Full text...
thread Economy
IMF Board concludes first review of ECF for Somalia
30 may 2024 - 10:06:36Mogadishu, Somalia (PANA) – The International Monetary Fund (IMF) has allowed an immediate disbursement of US$10 million to Somalia to [...] Full text...
thread Economy
Guinea-Bissau: Blockchain Platform to strengthen wage bill management goes live
29 may 2024 - 18:28:25Bissau, Guinea-Bissau (PANA) - Guinea-Bissau stands up as one of the first countries in sub-Saharan Africa to use blockchain digital [...] Full text...
thread Economy
WHO’s investment case launch draws expressions of support, pledges to sustainably finance four-year strategy
28 may 2024 - 18:41:08Geneva, Switzerland (PANA) – The World Health Organisation (WHO) on Tuesday launched an investment case that lays out the Organisation’s [...] Full text...
thread Health
WHO launches first Investment Round to sustainably finance its Health for All mandate
27 may 2024 - 06:57:37Geneva, Switzerland (PANA) - The World Health Organisation (WHO) launched its first-ever Investment Round on Sunday as part of a [...] Full text...
thread Health
Libya at the 50th meeting of the Middle East Regional Committee for Tourism in Oman
24 may 2024 - 17:03:29Tripoli, Libya (PANA) - Libya has participated in the 50th meeting of the Regional Committee for the Middle East of [...] Full text...
thread Economy
‘All for Health, Health for All’ sets the stage for 77th World Health Assembly
23 may 2024 - 13:03:53Geneva, Switzerland (PANA) - As the world continues to grapple with the aftermath of the most severe pandemic in a [...] Full text...
thread Health
IMF reaches staff-level deal with Tanzania on RSF, third review of ECF
18 may 2024 - 08:47:38Dar es Salaam, Tanzania (PANA) – Tanzania’s authorities and the International Monetary Fund (IMF) have reached staff-level agreement on a [...] Full text...
thread Economy
Tunisia's sustained recovery requires quick action to take advantage of opportunities
09 may 2024 - 07:49:55Tunis, Tunisia (PANA) - Tunisia's economic recovery slowed in 2023, due to a severe drought, tight financing conditions and a [...] Full text...
thread Economy
Libyan Prime Minister orders proposal of import budget based on priority needs
07 may 2024 - 17:28:04Tripoli, Libya (PANA) - The Libyan Prime Minister of the Government of National Unity, Abdulhamid al-Dbaiba, has stressed the need [...] Full text...
thread Economy
IMF Executive Board approves US$71 million in Emergency Financing Support for Guinea
07 may 2024 - 05:41:13Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday approved a disbursement of SDR [...] Full text...
thread Economy
Gambia, IMF reach staff-level deal on first review of ECF arrangement
04 may 2024 - 11:03:47Banjul, Gambia (PANA) - The Gambian economic activity is recovering robustly as the country continues to advance its reform agenda [...] Full text...
thread Economy
Senegal maintains resilience despite economic challenges: IMF
04 may 2024 - 09:25:20Dakar, Senegal (PANA) - A team from the International Monetary Fund (IMF) has concluded a mission to Senegal affirming that [...] Full text...
thread Economy
Africa can overcome challenges of technology, says ECA officiial
01 may 2024 - 12:50:09Addis Ababa, Ethiopia (PANA) - The head of the Technology and Innovation Section of the Economic Commission for Africa (ECA), [...] Full text...
thread Sciences
IMF team reaches staff-level deal with Mali on rapid credit
01 may 2024 - 09:26:17Bamako, Mali (PANA) – International Monetary Fund (IMF) staff and the Malian authorities have reached a staff-level agreement on emergency [...] Full text...
thread Economy
Libyan-US talks focus on ways to break the deadlock to hold elections
30 april 2024 - 14:00:44Tripoli, Libya (PANA) - The chairman of the Libyan Presidential Council, Mohamed al-Manfi, discussed with the US Special Envoy to [...] Full text...
thread Politics
World Bank provides additional support to food crisis response in Malawi
27 april 2024 - 13:46:15Lilongwe, Malawi (PANA) - The World Bank is providing immediate support for millions of Malawians severely affected by the ongoing [...] Full text...
thread Environment
CAR struggles to stabilise economy against complex humanitarian crisis
21 april 2024 - 11:33:36Bangui, Central African Republic (PANA) – The authorities in Central African Republic (CAR) and the International Monetary (IMF) staff have [...] Full text...
thread Economy
UPDATE: Libyan leaders must put national interests above their own, top envoy tells Security Council
16 april 2024 - 18:35:56New York, US (PANA) - Efforts to foster dialogue and address the concerns of Libyan politicians are being met with [...] Full text...
thread Politics
Uncertainty, amidst conflict and indebtedness, weighs on the outlook for MENA region
15 april 2024 - 17:24:02Washington, DC. USA (PANA) -- Lacklustre growth, rising indebtedness and heightened uncertainty due to the conflict in the Middle East [...] Full text...
thread Economy
IMF acknowledges Ghana’s strong performance under ECF arrangement
13 april 2024 - 13:32:36Accra, Ghana (PANA) - Ghanaian authorities and officials of the International Monetary Fund (IMF) have reached staff-level agreement on economic [...] Full text...
thread Economy
IMF Board selects Kristalina Georgieva for second term as Managing Director
13 april 2024 - 09:52:56Washington, DC, USA (PANA) - The International Monetary Fund (IMF) has in recent years helped member countries to navigate successive [...] Full text...
thread Society
EU provides €1 billion macro-financial assistance to Egypt
12 april 2024 - 11:45:56Brussels, Belgium (PANA) - The European Union (EU) will provide €1 billion of urgent short-term macro-financial assistance to Egypt to [...] Full text...
thread Society
HRW says COVID pandemic data reveals threats, opportunities to improve health systems
12 april 2024 - 11:27:22Washington, DC, US (PANA) – New data from the World Health Organisation (WHO) shows that many governments around the world [...] Full text...
thread Health
Executive Board concludes review of IMF capacity development strategy
10 april 2024 - 09:46:30Washington, D.C., United States (PANA) - The Executive Board of the International Monetary Fund (IMF) has concluded the third quinquennial [...] Full text...
thread Economy
Seychelles, IMF mission reach staff-level deal on second reviews under EFF and RSF
04 april 2024 - 10:10:46Victoria, Seychelles (PANA) - The Seychellois economy continued to recover in 2023 and is moving closer to pre-pandemic norms despite [...] Full text...
thread Economy
Hidden debt hurts economies. Better disclosure laws can help ease the pain: IMF Blog By Alissa Ashcroft, Karla Vasquez, Rhoda Weeks-Brown
02 april 2024 - 15:28:55Washington, United States (PANA) - If efforts to address record global public debt are to leave no stone unturned, then [...] Full text...
thread Economy
IMF approves augmentation of Egypt’s EFF arrangement
30 march 2024 - 10:06:59Cairo, Egypt (PANA) - The Executive Board of the International Monetary Fund (IMF) on Friday completed the first and second [...] Full text...
thread Economy
Algerian economy struggles with persistent inflation - IMF
30 march 2024 - 09:31:53Algiers, Algeria (PANA) - Algeria’s economy is estimated to have grown by 4.2 per cent in 2023, a robust performance [...] Full text...
thread Economy
Fiscal and financial risks of high debt, slow-growth world: IMF Blog By Tobias Adrian, Vitor Gaspar, Pierre-Olivier Gourinchas
29 march 2024 - 13:14:00Washington, United States (PANA) - Higher long-term real interest rates, lower growth, and higher debt will put pressure on medium-term [...] Full text...
thread Economy
Only 62% of Burundians have basic access to drinking water
22 march 2024 - 19:12:50Bujumbura, Burundi (PANA) - Only 62% of Burundians have basic access to drinking water, which puts this African Great Lakes [...] Full text...
thread Environment
Strengthen central bank independence to protect the world economy: IMF Blog By Kristalina Georgieva
21 march 2024 - 11:38:41Washington, DC, United States (PANA) - Central bankers today face many challenges to their independence. Calls are growing for interest-rate [...] Full text...
thread Economy
Libyan MPs form technical committee to monitor impact of exchange rate fluntuations on citizens
19 march 2024 - 13:59:59Tripoli, Libya (PANA) - Members of the Libyan House of Representatives have formed a technical committee chaired by the Second [...] Full text...
thread Politics
Libyan PM reiterates rejection of Parliament's tax on forex transactions
19 march 2024 - 13:35:00Tripoli, Libya (PANA) - The Libyan Prime Minister, Abdulhamid Al-Dbaiba, has reaffirmed his total rejection of the recent measure of [...] Full text...
thread Economy
Libya should increase oil production to 2 million b/d: PM
18 march 2024 - 17:37:05Tripoli, Libya (PANA) - The Libyan Prime Minister who is alao the Chairman of the Supreme Council for Energy and [...] Full text...
thread Economy
Top Libyan official calls for measures to spare citizens effects removal of fuel subsidies
18 march 2024 - 14:32:58Tripoli, Libya (PANA) - The chairman of the Libyan Presidential Council, Mohamed al-Manfi, has called on institutions involved in the [...] Full text...
thread Economy
World Bank approves financing for economic management, statistics development in Djibouti
17 march 2024 - 06:10:03Djibouti, Djibouti (PANA) - The World Bank has approved an additional financing of US$ 5 million for the Economic Management [...] Full text...
thread Economy
IMF reaches staff-level deal with Guinea Bissau on ECF reviews
12 march 2024 - 16:58:47Bissau, Guinea Bissau (PANA) – Authorities in Guinea Bissau face important near-term risks, including policy implementation challenges stemming from a [...] Full text...
thread Economy
IMF staff complete deal on first review of Somalia’s ECF arrangement
09 march 2024 - 08:00:52Mogadishu, Somalia (PANA) - Somalia’s economic growth is expected to strengthen in 2024 supported by continued recovery in agriculture, remittances, [...] Full text...
thread Economy
African health ministers commit to end malaria deaths
08 march 2024 - 12:13:58Yaoundé, Cameroon (PANA) — Ministers of Health from African countries with the highest burden of malaria have committed to accelerated action [...] Full text...
thread Health
BCL governor calls on Libyan parliament to revise dinar exchange rate and impose tax on foreign exchange transactions
06 march 2024 - 17:19:25Tripoli, Libya (PANA) - The Governor of the Central Bank of Libya (BCL), Al-Seddik Al-Kebir, has proposed to the Speaker [...] Full text...
thread Economy
Libya generates nearly $3 billion in revenues in January and February this year
06 march 2024 - 17:03:32Tripoli, Libya (PANA) - Libya generated a total of 14.3 billion dinars (around 2.97 billion US dollars) in revenue over [...] Full text...
thread Economy
EU Council, Parliament strike deal to improve efficiency of air space management
06 march 2024 - 11:47:49Brussels, Belgium (PANA) - The European Council presidency and the European Parliament’s negotiators have reached a provisional agreement on the [...] Full text...
thread Society
Ghana's president will take decision on LGBTQ+ bill after top court ruling
05 march 2024 - 05:52:58Accra, Ghana (PANA) - Ghana's President Nana Addo Dankwa Akufo-Addo said on Monday that he would await the Supreme Court’s [...] Full text...
thread Society
Ghana's Finance ministry urges President to pause assent to anti-LGBTQ bill
04 march 2024 - 14:29:54Accra, Ghana (PANA) - As the controversial the controversial anti-LGBTQI+ bill passed by Ghana's Parliament, which criminalises the promotion, advocacy, and funding [...] Full text...
thread Society
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
New Malawi Economic Monitor calls for commitment to economic reforms to sustain emerging recovery
27 february 2024 - 07:59:36Lilongwe, Malawi (PANA) – Malawi’s medium-term growth outlook is improving because of bold reforms undertaken by the government in 2023 [...] Full text...
thread Economy
G7 leaders declare war on Russian economy among measures for supporting Ukraine
25 february 2024 - 09:52:12Brussels, Belgium (PANA) - As Russia’s war of aggression against Ukraine continues, leaders of the Group of Seven (G7) have [...] Full text...
thread Politics
Burkina Faso suspends artisanal gold exports
21 february 2024 - 14:21:20Ouagadougou, Burkina Faso (PANA) - The Burkina Faso authorities Wednesday announced the suspension of exports of gold produced on artisanal [...] Full text...
thread Economy
World Bank Group appoints Managing Director
21 february 2024 - 08:09:29Washington DC, USA (PANA) — The World Bank Group has announced the appointment of Wencai Zhang as Managing Director and [...] Full text...
thread Society
Ethiopia's Tigray region lags behind in post-conflict recovery
20 february 2024 - 14:58:28Addis Ababa, Ethiopia (PANA) - Ethiopia's northern region of Tigray is lagging behind in its efforts to recover from conflict, [...] Full text...
thread Politics
Africa's economic growth in 2023 led by East, North and West Africa: Report
20 february 2024 - 13:07:25Cotonou, Benin (PANA) - East, North and West Africa have led growth on the continent over the past year, according [...] Full text...
thread Economy
Benin -Inaugurates semi-industrial pineapple juice production unit
17 february 2024 - 13:54:29Cotonou, Benin (PANA) - A semi-industrial pineapple juice production unit was inaugurated on Friday in the commune of Zè, in [...] Full text...
thread Economy
Strengthening transparency, governance, revitalising economic growth are among challenges facing Gabon: IMF mission
16 february 2024 - 11:14:16Libreville, Gabon (PANA) – Gabon’s economy has recovered from multiple shocks emanating from the global and domestic economy, with growth [...] Full text...
thread Economy
IMF staff, government officials discuss Zimbabwe’s governance, growth prospects
15 february 2024 - 08:04:51Harare, Zimbabwe (PANA) - Economic activity in Zimbabwe continues to show resilience in the face of currency instability and high [...] Full text...
thread Economy
World Bank boosts climate, community resilience in Senegal River valley
14 february 2024 - 07:43:51Dakar, Senegal (PANA) - The World Bank Board of Directors has approved a significant initiative aimed at addressing urgent challenges [...] Full text...
thread Environment
How data can inform policy to address challenges faced by internally displaced people in CAR: World Bank Blog (By Harriet Kasidi Mugera, Gervais Chamberlin Yama and Jonathan Lain)
07 february 2024 - 14:00:19Bangui, CAR (PANA) - Decades of division and conflict have left the Central African Republic (CAR) with severe development challenges [...] Full text...
thread Society
Mali could boost its economy after withdrawing from ECOWAS
01 february 2024 - 15:46:12Bamako, Mali (PANA) - Mali could give its economy a further boost following its joint decision with Burkina Faso and [...] Full text...
thread Economy
Somalia’s quest for progress unveiled through data (A World Bank feature)
31 january 2024 - 07:53:33Mogadishu, Somalia (PANA) - When looking at Somalia, there are often glaring gaps in data that obscure understanding of the [...] Full text...
thread Society
Israel-Gaza crisis: Aid cuts to UN agency could be felt in weeks
31 january 2024 - 07:13:33New York, US (PANA) - Donor funding cuts stemming from Israel’s allegations against a dozen staff members at the UN [...] Full text...
thread Society
Senior Libyan officials meet to discuss government expenditure controls for 2024
26 january 2024 - 14:13:56Tripoli, Libya (PANA) - A meeting of senior Libyan officials here Thursday was devoted to monitoring the expenditure of the [...] Full text...
thread Economy
Geopolitical situation in Horn of Africa region poses risks to Djibouti’s recovery – IMF warns
26 january 2024 - 10:24:57Djibouti City, Djibouti (PANA) – Djibouti recorded a strong rebound in economic activity in 2023 but regional geopolitical developments pose [...] Full text...
thread Economy
Burkina Faso launches mine tailings treatment plant
23 january 2024 - 16:26:44Ouagadougou, Burkina Faso (PANA) - The President of the Transition in Burkina Faso, Captain Ibrahim Traoré, Tuesday inaugurated a mine [...] 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
What we’re reading about climate and jobs: World Bank Blog By Ulrike Lehr and Kevwe Pela
19 january 2024 - 07:04:48Dar es Salaam, Tanzania (PANA) - Climate change is one of the biggest risks to global development, as high temperatures, [...] Full text...
thread Environment
World Bank Group welcomes debt restructuring deal for Ghana
18 january 2024 - 18:03:28Washington, United States (PANA) - The World Bank Group on Thursday welcomed the agreement in principle on the key parameters [...] Full text...
thread Economy
Benin to regularise the situation of 31 academics
17 january 2024 - 15:18:09Cotonou, Benin (PANA) - The government is to regularize the administrative situation of 31 teachers at Benin's universities, according to [...] Full text...
thread Society
Intergovernmental Panel on Climate Change meets in Istanbul
17 january 2024 - 13:06:01Cotonou, Benin (PANA) - The Intergovernmental Panel on Climate Change (IPCC) is holding its 60th meeting in Istanbul, Turkey, sources [...] Full text...
thread Environment
Libyan Prime Minister calls for an end to centralisation and greater autonomy for municipalities
12 january 2024 - 16:05:10Tripoli, Libya (PANA) - The Libyan Prime Minister of the Government of National Unity, Abdulhamid al Dbaiba, has stressed the [...] Full text...
thread Politics
ECOWAS and Sierra Leone's dangerous identity politics (By Paul Ejime)
10 january 2024 - 10:25:40Abuja, Nigeria (PANA) - If any country should be grateful to the Economic Community of West African States (ECOWAS) for [...] Full text...
thread Politics
Libyan PM deplores delay in resolving issue of alternatives to fuel subsidies
09 january 2024 - 14:51:52Tripoli, Libya (PANA) - The Libyan prime minister of the Government of National Unity, Abdulhamid al Dbaiba, has stated that [...] Full text...
thread Economy
Natural gas accelerates Mozambique economic recovery: IMF
09 january 2024 - 07:38:01Maputo, Mozambique (PANA) - The Executive Board of the International Monetary Fund (IMF) has allowed Mozambique immediate access to US$60.7 [...] Full text...
thread Economy
Libya earns more than $26 billion in revenues in 2023 - Central Bank
08 january 2024 - 11:25:40Tripoli, Libya (PANA) - Libya earmed 125.911 billion dinars (about $26.23 billion) in public revenue for the period from 1 [...] Full text...
thread Economy
How training and advice can speed cross-border payments and cut costs: IMF Blog By Kieran Murphy
05 january 2024 - 08:00:16Washington DC, USA (PANA) - Faster, cheaper, and more transparent cross-border payment services have the potential to improve many lives [...] Full text...
thread Economy
Inheriting the stalemate: 2024 keeps alive hopes of way out of crisis in Libya
04 january 2024 - 18:00:13Tripoli, Libya (PANA) - The year 2023 would, with a few exceptions, have been like the previous years of the [...] Full text...
thread Politics
PANA Board Chairman announces new direction from 2024
03 january 2024 - 12:18:24Dakar, Senegal (PANA) - The new Chairman of the Board of Directors of the Pan-African News Agency (PANAPRESS), Libyan Ibrahim [...] Full text...
thread Society
Irregular migration was major problem in 2023, says Gambian president
02 january 2024 - 11:24:02Banjul, Gambia (PANA) - Gambian President Adama Barrow has emphasised that a major concern his country faced in 2023 was [...] Full text...
thread Society
Gambia Secures Significant Budget Support to Strengthen Governance and Resilience
29 december 2023 - 18:01:24Banjul, Gambia (PANA) - The Government of The Gambia, through the Ministry of Finance and Economic Affairs, has secured substantial [...] Full text...
thread Economy
General Assembly approves $3.59 billion UN budget for 2024
25 december 2023 - 06:10:09New York, US (PANA) - The General Assembly has approved a $3.59 billion budget for the United Nations for 2024, [...] Full text...
thread Politics
Benin's Ministry of Trade and Industry budget reduced sharply
20 december 2023 - 14:13:40Cotonou, Benin (PANA) - The budget for the Ministry of Industry and Trade has been reduced from CFAF 7 billion [...] Full text...
thread Economy
IMF approves US$100 million under new ECF arrangement for Somalia
20 december 2023 - 08:06:51Mogadishu, Somalia (PANA) – The International Monetary Fund (IMF} Board on Tuesday approved a new 36-month Extended Credit Facility (ECF) [...] Full text...
thread Economy
Benin effects nearly 16% increase in agriculture budget
19 december 2023 - 15:25:42Cotonou, Benin (PANA) - From 99.7 billion CFA francs for the current year, the budget of the Ministry of Agriculture, [...] Full text...
thread Agriculture
Benin makes slight increase in budget for employment and SMEs for 2024
19 december 2023 - 15:07:41Cotonou, Benin (PANA) - The budget for 2024 for the Ministry of Small and Medium-sized Enterprises and Employment Promotion has [...] Full text...
thread Social
Benin to allocate nearly CFAF 200 billion for secondary education and vocational training in 2024
19 december 2023 - 14:29:26Cotonou, Benin (PANA) - Benin plans to allocate 199.1 billion CFA francs to secondary and technical education and vocational training [...] Full text...
thread Society
EU supports Benin's economic policy
19 december 2023 - 11:52:48Cotonou, Benin (PANA) - The European Commission has announced the mobilisation of 170 million euros, around CFAF 111.5 billion, under [...] Full text...
thread Economy
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
Congo promotes governance reforms to boost inclusive, sustainable growth
16 december 2023 - 08:48:21Brazzaville, Congo (PANA) - The World Bank on Saturday announced approval of a Development Policy Financing (DPF) operation of $80 [...] Full text...
thread Economy
IMF approves new two-year arrangement under RSF for Benin
15 december 2023 - 12:14:30Washington, DC USA (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a two-year arrangement of [...] 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 Board completes second review of Tanzania’s ECF, approves US$150.5 million disbursement
14 december 2023 - 07:39:33Dar es Salaam, Tanzania (PANA) – Tanzania has secured US$ 150.5 million budget support from the International Monetary Fund (IMF) [...] Full text...
thread Economy
Kenya secures support to further strengthen transparency in public finance management
13 december 2023 - 07:34:20Nairobi, Kenya (PANA) — Kenya’s 485 ministries, departments, and agencies, as well as 240,000 registered firms, and 18 million citizens [...] Full text...
thread Economy
Libyan PM unveils govt's efforts to promote national renewable energy strategy
11 december 2023 - 17:54:30Tripoli, Libya (PANA) - Libyan Prime Minister Abdulhamid Al Dbaiba has stated that his government has been working on avenues [...] Full text...
thread Economy
Benin adopts budget of over CFAF 3,000 billion for 2024
11 december 2023 - 10:46:40Cotonou, Benin (PANA) - Benin's National Assembly has adopted the country's budget for the 2024 financial year, which balances out [...] Full text...
thread Economy
World Bank channels $300 million to support Côte d'Ivoire's growth
09 december 2023 - 09:13:25Abidjan, Côte d’Ivoire (PANA) - The World Bank has announced a significant operation of $300 million for Côte d’Ivoire to [...] Full text...
thread Economy
Moussa al-Kouni calls for a Libyan-European cooperation roadmap
06 december 2023 - 14:31:14Tripoli, Libya (PANA) - The deputy chairman of the Libyan Presidential Council, Moussa al-Kouni, has stressed the need to speed [...] Full text...
thread Politics
Libya earns more than $22 billion in revenues since beginning of 2023 - BCL
06 december 2023 - 13:59:39Tripoli, Libya (PANA) - A total of 110,498 million dinars or around 22.87 billion US dollars in public revenue was [...] Full text...
thread Economy