UN: Number of Sudanese people at risk of GBV tripled
27 november 2024 - 14:13:21Port Sudan, Sudan (PANA) - The UN representative to the Sudan has underlined that the UN and its partners stand [...] Full text...
thread Gender
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
- Economy
Thursday’s exchange rates for the Gambian Dalasi
- Environment
World Bank approves US$250 million program to strengthen Morocco’s municipal solid waste management
- Gender
UN: Number of Sudanese people at risk of GBV tripled
- Health
WHO’s would-be Regional Director for Africa passes on
- Politics
Ghana’s presidential candidates sign peace pact
- Press Review
Lessons of Hamas operation against Israel, - Libyan newspaper,
- Sciences
The promise and peril of runaway technological advances
- Social
Libya chairs Arab discussion group at mine action session
- Society
‘We need peace’: UN Alliance of Civilizations Global Forum concludes with hope
- Sports
Premier League giants gain edge in Osimhen race After Galatasaray’s major setback
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Port Sudan, Sudan (PANA) - The UN representative to the Sudan has underlined that the UN and its partners stand [...] Full text...
South Africa mulls bidding for 2036 Olympic Games
27 november 2024 - 09:57:20Cape Town, South Africa (PANA) – Sport, Arts and Culture Minister returned to South Africa on Wednesday after meeting with [...] Full text...
thread Sports
G7 FMs, EU reiterate commitment to support peace in Africa
26 november 2024 - 21:04:54Washington, DC, US (PANA) - The G7 Foreign Ministers of Canada, France, Germany, Italy, Japan, the United Kingdom and the [...] Full text...
thread Politics
‘No excuse’: A global call to end violence against women
26 november 2024 - 05:19:29New York, US (PANA) - On the 25th anniversary of the International Day for the Elimination of Violence Against Women, [...] Full text...
thread Gender
US, Mauritania hold energy security dialogue
23 november 2024 - 13:33:35Washington, DC, US (PANA) - The governments of the United States of America and Mauritania last Thursday held their second [...] Full text...
thread Economy
More health workers and patients killed proportionally in Lebanon than in Ukraine and Gaza
22 november 2024 - 20:53:59Beirut, Lebanon (PANA) – Since 7 October 2023, 47% of attacks on health care – 65 out of 137 – [...] Full text...
thread Society
COP29: Failure on climate finance ‘not an option’, says Guterres
21 november 2024 - 14:09:58Baku, Azerbaijan (PANA) - UN Secretary-General António Guterres made a strong call to action as COP29 approaches its crucial conclusion [...] Full text...
thread Environment
Acute hunger stalks one in four people in DR Congo, warn aid agencies
21 november 2024 - 13:59:34Kinshasa, DR Congo (PANA) - UN humanitarians warned on Thursday that one in four people in the Democratic Republic of [...] Full text...
thread Society
UNICEF report projects challenging future for children in 2050
21 november 2024 - 05:21:06New York, US (PANA) - The future of childhood hangs in the balance if urgent action is not taken to [...] Full text...
thread Society
Debt burden stifles development spending in Africa's poorer countries
19 november 2024 - 15:44:43Addis Ababa, Ethiopia (PANA) - Africa’s rising debt burden is eroding funding for sustainable development in poor countries, impacting heavily [...] Full text...
thread Economy
Global airlines chief urges continental carriers to exploit Africa's growth potential
19 november 2024 - 14:00:28Cairo, Egypt (PANA) - African airlines should take advantage of the existence of a massive population within the continent to [...] Full text...
thread Economy
COP29: Putting people at the centre of climate solutions: World Bank Blog By Mamta Murthi and Juergen Voegele
18 november 2024 - 08:36:22Luanda, Angola (PANA) - Climate change is an urgent human crisis. Since 2022, 400 million students worldwide have faced school [...] Full text...
thread Environment
COP29: Will conference deliver the trillions needed to tackle the man-made climate crisis?
17 november 2024 - 04:52:20Baku, Azerbaijan (PANA) - The latest round of UN climate negotiations, COP29, opened this past Monday in Baku, Azerbaijan, following [...] Full text...
thread Environment
Sudan: Economic partnership with Russia and China to help rebuild the country
16 november 2024 - 14:05:39Port Sudan, Sudan (PANA) - Sudan’s Minister of Energy and Oil, Dr. Mohiuddin Naeem, has argued that his country’s recent [...] Full text...
thread Economy
IMF, Comoros reach staff-level agreement on third review of ECF arrangement
16 november 2024 - 10:25:28Moroni, Comoros (PANA) - Comorian authorities and International Monetary Fund (IMF) staff have reached a staff-level agreement on economic policies [...] Full text...
thread Economy
IMF Country Focus: Growth in sub-Saharan Africa is diverging By Saad Quayyum, Nikola Spatafora, Sanghamitra Mukherjee, and Hamza Mighri
15 november 2024 - 07:49:18Dar es Salaam, Tanzania (PANA) - Stagnating incomes in the region's resource-intensive economies necessitate more effective fiscal management and broad-based [...] Full text...
thread Economy
COP29: ‘You have every right to be angry’ Guterres tells youth advocates frustrated over lack of climate action
15 november 2024 - 06:28:20Baku, Azerbaijan (PANA) - As negotiations over how to tackle climate change head into their fifth day in Baku, UN [...] Full text...
thread Environment
South Africa: South Africa-Egypt Political Consultations underway in Cairo
14 november 2024 - 14:30:00Cape Town, South Africa (PANA) – Justice Minister Ronald Lamola and a high-level government delegation is in Cairo to co-chair the [...] Full text...
thread Politics
IMF reaches staff-level deal with DRC on ECF, RSF for US$ 1.77 billion
14 november 2024 - 08:35:29Kinshasa, DR Congo (PANA) – Authorities in the Democratic Republic of Congo (DRC) and a mission of the International Monetary [...] Full text...
thread Economy
New report outlines pathways to sustainable growth in Rwanda
14 november 2024 - 07:22:54Kigali, Rwanda – The Government of Rwanda and the World Bank on Wednesday launched the Rwanda Country Economic Memorandum (CEM), [...] Full text...
thread Economy
COP29: Multilateral development banks to boost climate finance
13 november 2024 - 08:19:45Baku, Azerbaijan (PANA) - Multilateral Development Banks (MDBs) on Tuesday issued a joint statement at COP29 in Baku outlining financial [...] Full text...
thread Environment
COP29: ‘Pay up or humanity will pay the price’, Guterres warns climate summit
12 november 2024 - 12:48:27Baku, Azerbaijan (PANA) UN Secretary-General António Guterres said on Tuesday that leaders gathered in Baku for the COP29 Climate Action [...] Full text...
thread Environment
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
The clock is ticking on sub-Saharan Africa's urgent job creation challenge: IMF Blog By Athene Laws, Faten Saliba, Can Sever, and Luc Tucker
12 november 2024 - 08:41:34Gaborone, Botswana (PANA) - To employ a growing population, the region needs to transform informal jobs, reduce barriers to business [...] Full text...
thread Society
FLEX 2024: African ministers, education stakeholders gather in Kigali to track progress in addressing learning crisis
12 november 2024 - 07:48:07Kigali, Rwanda (PANA) - Over 500 education leaders, including 28 ministers of education and ministerial representatives from 39 African countries, [...] Full text...
thread Society
African cities strive to make roads less perilous for pedestrians and cyclists: UNEP Feature Article
12 november 2024 - 07:10:38Kampala, Uganda (PANA) - For Patience Ataliba, who lives in the Ugandan capital of Kampala, commuting was once a harrowing [...] Full text...
thread Environment
AfDB approves €24 million loan to Côte d'Ivoire to improve fisheries and aquaculture sectors
10 november 2024 - 13:14:34Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a loan [...] Full text...
thread Agriculture
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
Record heat persists as WMO calls for urgent services and investment boost
08 november 2024 - 06:32:35Geneva, Switzerland (PANA) - The world is experiencing unprecedented warming with 2024 poised to become the hottest year on record, [...] Full text...
thread Environment
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
Climate action essential to Senegal’s upper-middle-income country aspiration, says new report
06 november 2024 - 09:07:30Dakar. Senegal (PANA) - A new World Bank Group report highlights the significant economic and social benefits of climate action [...] Full text...
thread Economy
'Over 2 billion in cities will be exposed to 0.5ºC rise by 2040'
06 november 2024 - 05:26:16Cairo, Egypt (PANA) - More than two billion people currently living in cities could be exposed to an additional temperature [...] 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
Senior US diplomat participates in Dakar Biennale
04 november 2024 - 04:58:21Washington, DC, US (PANA) - Assistant Secretary of State for African Affairs Molly Phee in in Dakar, Senegal, to participate [...] Full text...
thread Culture
ETF and OTC investment flows buoy total gold demand
30 october 2024 - 13:01:00London, UK (PANA) - Healthy inflows into global gold exchange traded funds (ETFs) were a major driver of growth in [...] Full text...
thread Economy
Eliminating the productivity drag: IMF F&D article By Nan Li and Diaa Noureldin
30 october 2024 - 10:50:02Washington, DC, United States (PANA) - The global economy has been struggling to regain its footing since the 2008–09 global [...] Full text...
thread Economy
South Africa: Ramaphosa salutes Shirley Ayorkor Botchwey on her Commonwealth appointment
30 october 2024 - 06:57:12Cape Town, South Africa (PANA) – President Cyril Ramaphosa on Wednesday extended his personal congratulations and those of the South [...] Full text...
thread Politics
Tuberculosis resurges as top infectious disease killer
29 october 2024 - 22:20:42Washington D.C., USA (PANA) - The World Health Organization (WHO) Tuesday published a new report on tuberculosis revealing that approximately [...] Full text...
thread Health
Girls’ rights, fragility, and the future: World Bank Blog By Doreen Kibuka-Musoke and Tim Agaba Baroraho
28 october 2024 - 07:19:09Bujumbura, Burundi (PANA) - There is reason to have celebrated the International Day of the Girl this month. On average, [...] Full text...
thread Gender
Libyan local leaders, youth develop pilot community violence reduction programme for Ubari
28 october 2024 - 05:54:09Tripoli, Libya (PANA) - Over three days in Tripoli, community leaders, civil society organisations and youth representatives from Ubari and [...] Full text...
thread Society
AfDB urges practical solutions to tackle poverty in Africa
25 october 2024 - 09:28:05Washington, DC., US, (PANA) - Climate change, global financial shocks and growing food insecurity are threatening Africa, the world’s [...] 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
Spain announces early commitment of €400 million to IDA, nearly 40% increase in pledge
24 october 2024 - 17:55:28Washington, DC, United States (PANA) - Spain has announced an early financial commitment of €400 million to the International Development [...] Full text...
thread Economy
World Bank Group advances gender strategy, unveils economic opportunity ambitions
24 october 2024 - 14:35:56Washington DC, United States (PANA) - The World Bank Group on Thursday took the first steps toward implementing Gender Strategy [...] Full text...
thread Gender
World Bank Group announces strategic pivot in agribusiness, doubles financial commitment
24 october 2024 - 06:57:43Washington, DC, United States (PANA) - The World Bank Group on Wednesday announced a strategic pivot in its approach to [...] Full text...
thread Economy
New scorecard promotes better results with greater transparency and accountability: World Bank Blog By Elena Bourganskaia, Ed Mountfield and Ethiopis Tafara
23 october 2024 - 09:21:05Washington, DC, United States (PANA) - A year ago, at our Annual Meetings in Marrakech, Morocco, we announced an ambitious [...] Full text...
thread Society
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
US, Zambia sign agreement to catalyse growth in agricultural sector
21 october 2024 - 06:01:30Washington, DC, US (PANA) - The United States has welcomed the signing of $491 million project with the Government of [...] Full text...
thread Agriculture
How high economic uncertainty may threaten global financial stability: IMF Blog By Mario Catalán, Andrea Deghi and Mahvash S. Qureshi
20 october 2024 - 14:53:14Washington, DC, United States (PANA) - Uncertainty is not as easily measured as traditional indicators like growth or inflation, but [...] Full text...
thread Economy
AfDB approves $100 million to support youth and women-led MSMEs in Nigeria
20 october 2024 - 06:27:25Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has approved a $100 million loan to increase access to [...] Full text...
thread Economy
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
Support for economic reforms hinges on communication, engagement, and trust: IMF Blog By Silvia Albrizio, Bertrand Gruss, and Yu Shi
17 october 2024 - 14:25:35Washington DC, United States (PANA) - The global economy is stuck in a low-growth gear, largely because of aging populations, [...] 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
Staying the course on reforms: Nigeria progresses amidst challenges
17 october 2024 - 10:11:01Abuja, Nigeria (PANA) - Since May 2023, Nigeria has implemented significant reforms to stabilise its economy, resulting in modest growth, [...] Full text...
thread Economy
Global public debt Is probably worse than it looks: IMF Blog By Era Dabla-Norris, Davide Furceri, Raphael Lam, and Jeta Menkulasi
16 october 2024 - 11:04:22Washington, DC, United States (PANA) - Global public debt is very high. It is expected to exceed $100 trillion, or [...] Full text...
thread Economy
Artificial Intelligence can make markets more efficient—and more volatile: IMF Blog By Nassira Abbas, Charles Cohen, Dirk Jan Grolleman, and Benjamin Mosk
16 october 2024 - 11:02:06Washington, DC, United States (PANA) - More efficient or more volatile? The adoption of the latest iterations of artificial intelligence [...] 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
Ending poverty for half the world could take more than a century: WB Report
15 october 2024 - 13:06:58EMBARGOED: NOT FOR PUBLICATION, BROADCAST, OR TRANSMISSION UNTIL TUESDAY, OCT. 15, 2024 AT 9:30 AM EDT WHICH IS 1:30 PM [...] Full text...
thread Society
Nearly two million severely malnourished children at risk of death due to funding shortages for therapeutic food
15 october 2024 - 11:56:33New York, US (PANA) - Nearly two million children suffering from severe wasting, also known as severe acute malnutrition, are [...] Full text...
thread Society
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
UN climate change conference: EU calls for efforts to keep the 1.5°C goal within reach
15 october 2024 - 06:31:43Brussels, Belgium (PANA) – The European Council on Monday approved conclusions that will serve as the EU’s general negotiating position [...] Full text...
thread Environment
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
BMW Group South Africa starts production of new model plug-in X3
14 october 2024 - 10:45:08Dar es Salaam, Tanzania (PANA) - BMW Group South Africa’s has started production of the fourth-generation BMW X3, following a [...] Full text...
thread Economy
Poorest economies face toughest conditions in two decades
14 october 2024 - 07:49:01Washington, DC, United States (PANA) - The world’s 26 poorest economies—home to about 40 percent of all people who live [...] Full text...
thread Economy
AfDB, AFD cement partnership to support youth entrepreneurship in Africa
13 october 2024 - 05:11:55Abidjan, Cote d'Ivoire (PANA) - The African Development Bank Group and Agence Française de Développement (AFD) have announced they would [...] Full text...
thread Economy
King Mohammed VI optimistic about latest developments on the Sahara issue
12 october 2024 - 12:20:44Rabat, Morocco (PANA) - King Mohammed VI of Morocco spoke on Friday about the latest developments in the Western Sahara [...] Full text...
thread Politics
IMF and WBG announce Tanzania is second beneficiary of Enhanced Cooperation Framework for Climate Action
11 october 2024 - 18:03:53Dar es Salaam, Tanzania (PANA) - The World Bank Group (WBG) and the International Monetary Fund (IMF) have announced Tanzania [...] Full text...
thread Environment
Gambia commemorates International Day of the Girl
11 october 2024 - 13:03:43Banjul, Gambia (PANA) - The Gambia on Friday joined the the world in celebrating International Day of the Girl which is [...] Full text...
thread Gender
We must place our hope in multilateralism: IMF article By Gordon Brown, former Prime Minister of the United Kingdom
11 october 2024 - 11:13:20London, United Kingdom (PANA) – Only by working together can countries fend off fragmentation and deepening crises “Those who look only [...] Full text...
thread Economy
Sierra Leone needs fiscal consolidation measures to ensure sustainable economic environment: WB report
11 october 2024 - 06:22:46Freetown, Sierra Leone (PANA) - Sierra Leone's economy grew by 5.7% in 2023, exceeding expectations, driven by strong performance in [...] Full text...
thread Economy
Invest more in vaccines to reduce deaths from drug-resistant superbugs: WHO
11 october 2024 - 06:17:27Geneva, Switzerland (PANA) - More investment in vaccines could prevent deaths due to antimicrobial resistance (AMR) and reduce antibiotic use [...] Full text...
thread Health
Over 370 million girls, women globally subjected to rape or sexual assault as children – UNICEF
10 october 2024 - 10:56:46New York, US (PANA) - More than 370 million girls and women alive today – or 1 in 8 – [...] Full text...
thread Society
End ‘collective amnesia’ over COVID-19, says WHO
09 october 2024 - 17:03:43Geneva, Switzerland (PANA) - Our “collective amnesia” about how bad the COVID-19 pandemic was should not prevent us from protecting [...] Full text...
thread Health
World Bank Group unveils strategy to drive inclusive growth, resilience in Zimbabwe
09 october 2024 - 07:04:12Harare, Zimbabwe (PANA) -The World Bank Group’s Board of Executive Directors has approved the new Country Engagement Note (CEN) for [...] Full text...
thread Economy
Equatorial Guinea Economic Update: Designing fiscal instruments for sustainable forestry
08 october 2024 - 10:14:38Malabo, Equatorial Guinea (PANA) - The World Bank has issued the 2024 Equatorial Guinea Economic Update which analyses the country’s [...] Full text...
thread Economy
ECOWAS Bank to invest EUR 61 million, $100 million to boost infrastructure, trade
08 october 2024 - 05:00:17Lomé, Togo (PANA) - The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) has approved investments [...] Full text...
thread Economy
Burkina Faso launches Postal Bank
07 october 2024 - 15:03:48Ouagadougou, Burkina Faso (PANA) - Burkina Faso's President, Captain Ibrahim Traoré, on Monday launched the Postal Bank of Burkina Faso [...] Full text...
thread Economy
Community court strengthens expertise in dispute settlement mechanisms under AfCFTA and ECOWAS
06 october 2024 - 05:49:30Abuja, Nigeria (PANA) - Judges, legal officers and registry staff of the ECOWAS Court of Justice have participated in a [...] Full text...
thread Society
US, Gabon commit to enhance cooperation
04 october 2024 - 07:11:09Washington, DC, US (PANA) - The United States of America and Gabon have expressed their commitment to enhance cooperation as they [...] Full text...
thread Politics
Implementation gaps hinder business climate in 50 economies: WBG report
03 october 2024 - 15:32:24Washington, DC, United States (PANA) - Economies do better at enacting regulations to improve the national business climate than they [...] Full text...
thread Economy
Global immunisation coverage still below pre-pandemic levels: WHO
03 october 2024 - 05:27:14Geneva, Switzerland (PANA) - Global immunisation coverage has remained below pre-pandemic levels and the number of children who have not [...] 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
WHO calls for urgent overhaul of care systems for older people as population ages
02 october 2024 - 05:13:53Geneva, Switzerland (PANA) - The UN World Health Organisation (WHO) on Tuesday issued an urgent call for countries to transform [...] Full text...
thread Health
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
Collective effort essential to get DR Congo on firm path to peace
01 october 2024 - 06:09:41New York, US (PANA) - Mobilization at the national, regional and international level are needed to support the Democratic Republic [...] Full text...
thread Politics
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
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
Medical charity MSF raises red flags about alarming trend in sexual violence in DRC
30 september 2024 - 10:18:09Amsterdam, Netherlands (PANA) - Medical and humanitarian charity, Médecins Sans Frontières (MSF), has in a disturbing report released on Monday [...] Full text...
thread Gender
UN, EU and World Bank Group join forces to end violence against women and girls
27 september 2024 - 07:23:11New York, United States (PANA) - The United Nations, European Commission, and World Bank Group will make gender equality and [...] Full text...
thread Gender
$1.5 billion commitment for education and skills training in lower-middle-income countries
27 september 2024 - 05:59:41New York, US (PANA) - A new $1.5 billion investment, announced on Thursday, will boost education and skills development for [...] Full text...
thread Society
World Bank Increases access to broadband connectivity in Chad
26 september 2024 - 11:48:47Washington, DC, United States (PANA) - The World Bank Thursday approved a $92.2 million grant from the International Development Association [...] Full text...
thread Society
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
Cash transfers transforming lives in Burundi: World Bank Blog By Iftikhar Malik, Mona Niebuhr and Jacqueline Manisabwe
26 september 2024 - 08:40:08Bujumbura, Burundi (PANA) - The Cash4Jobs Project, known as Merankabandi ("be like others" in the local language), is more than [...] Full text...
thread Society
South Africa: Ramaphosa to address UN General Assembly
24 september 2024 - 16:43:33Cape Town, South Africa (PANA) – President Cyril Ramaphosa is attending the 79th Session of the United Nations General Debate [...] Full text...
thread Politics
World Bank report emphasises urgent need for Zambia to boost revenue mobilisation
24 september 2024 - 07:55:34Lusaka, Zambia (PANA) - A new Public Finance Review (PFR) report has stressed the urgent need for Zambia to boost [...] Full text...
thread Economy
Some 1.3 billion teens suffering mental disorders: WHO
24 september 2024 - 05:33:45New York, US (PANA) - At least one in seven youngsters has a mental disorder. That’s the warning from the [...] Full text...
thread Health
WHO and Multilateral Development Banks kick off US $1.5 billion primary health financing platform
23 september 2024 - 20:50:32New York, US (PANA) - Execution is starting under the new Health Impact Investment Platform on the first country health [...] Full text...
thread Society
Sierra Leone, IMF reach staff-level deal on new ECF arrangement
21 september 2024 - 09:27:33Freetown, Sierra Leone (PANA) - The International Monetary Fund (IMF) staff and the Sierra Leonean authorities have reached a staff-level [...] Full text...
thread Economy
Guinea Economic Update: Natural resource management for development
20 september 2024 - 07:35:17Conakry, Guinea (PANA) – Agriculture is pivotal for Guinea's structural transformation and climate resilience, serving as a cornerstone for inclusive [...] Full text...
thread Economy
Rwanda’s economy registers strong growth in early 2024 despite persistent challenges
18 september 2024 - 08:21:54Kigali, Rwanda (PANA) - Rwanda's real GDP grew by 9.7% in the first quarter of 2024, exceeding the previous year's [...] Full text...
thread Economy
Trade balances in China and the US are largely driven by domestic macro forces: IMF Blog By Pierre-Olivier Gourinchas, Ceyla Pazarbasioglu, Krishna Srinivasan, and Rodrigo Valdés
13 september 2024 - 12:55:31Washington, DC, United States - China’s widening trade surplus and the growing US trade deficit since the pandemic have renewed [...] Full text...
thread Economy
Half the world lacks social protection amid climate crisis, ILO warns
13 september 2024 - 05:49:35Geneva, Switzerland (PANA) - Social protection is essential to safeguard people from shocks, but half the world is without any [...] Full text...
thread Economy
How to Awaken Europe's Private Sector and Boost Economic Growth: IMF Blog By Diego Cerdeiro, Gee Hee Hong, and Alfred Kammer
12 september 2024 - 10:09:07Washington, DC, United States (PANA) - In the European Union, income per person, one of the main gauges of living [...] Full text...
thread Economy
U.S.-Nigeria Strategic Energy Dialogue highlights key bilateral cooperation
12 september 2024 - 05:43:11Washington, DC, US (PANA) - The delegations at the inaugural U.S.-Nigeria Strategic Energy Dialogue taking place in Washington, DC, on [...] Full text...
thread Economy
US Department of State hosts inaugural U.S.-Nigeria Strategic Energy Dialogue
11 september 2024 - 05:54:20Washington, DC, US (PANA) - the US Bureau of Energy Resources (ENR) Assistant Secretary Geoffrey R. Pyatt, will lead the [...] Full text...
thread Economy
UN peacekeepers saving lives but need stronger political support and resources, top official urges
09 september 2024 - 20:05:54New York, US (PANA) - As conflicts grow more complex and armed groups increasingly weaponize low-cost technologies like improvised explosive [...] Full text...
thread Society
Investing in clean air can saves lives and combat climate change - Guterres
07 september 2024 - 14:35:20New York, US (PANA) - The UN Secretary-General is marking ‘Clean Air Day’ with a call for global investment in [...] Full text...
thread Environment
UN leads search for synergy on climate and development
07 september 2024 - 05:44:45New York, US (PANA) - Governments, experts and civil society representatives met in Brazil this week for a UN-backed conference [...] Full text...
thread Environment
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
More than 400 million students affected by climate-related school closures since 2022
05 september 2024 - 08:50:53Washington DC, United States (PANA) - A staggering 400 million students globally experienced school closures from extreme weather since 2022, [...] Full text...
thread Environment
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
World Bank appoints new country director for Kenya, Rwanda, Somalia, and Uganda
03 september 2024 - 08:03:49Nairobi, Kenya (PANA) - The World Bank has appointed Mr. Qimiao Fan as the new Country Director for Kenya, Rwanda, [...] Full text...
thread Economy
Why land is key to tackling climate change and infrastructure gaps: World Bank Bog By Guangzhe Chen
30 august 2024 - 12:25:05Washington DC, United States (PANA) - While many countries have made impressive progress strengthening their infrastructure, significant gaps remain around [...] Full text...
thread Society
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
Women lead record number of central banks, but more progress is needed: IMF Blog
30 august 2024 - 05:38:07Washington DC, United States (PANA) - Women are leading more central banks than ever before, thanks to appointments in the [...] Full text...
thread Gender
Urbanization has led to increased slum populations, poverty, and inequalityFeature by Oumar Sylla)
29 august 2024 - 19:50:10Nairobi, Kenya (PANA) - Urbanization has led to increased slum populations, poverty, and inequality. Informal employment dominates, with 85.8% of [...] Full text...
thread Environment
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
South African Minister hails export of avocados to Japan
28 august 2024 - 08:23:45Cape Town, South Africa (PANA) – International Relations and Cooperation Minister, Ronald Lamola, is attending the Tokyo International Conference on [...] Full text...
thread Agriculture
African health ministers begin 74th health forum
27 august 2024 - 06:00:42Brazzaville, Congo (PANA) – African health ministers and government representatives gathering in Brazzaville, Republic of Congo, on Monday kicked off the [...] Full text...
thread Health
The catalyst to unleash women’s economic potential in Africa – Childcare: World Bank Blog By Irene Fernandez Gorostidi, Sara Troiano and Adaorie Felicia Osademey Udechukwu
23 august 2024 - 07:37:51Dar es Salaam, Tanzania (PANA) - Female labour force participation is generally high in most African countries but unpaid work, [...] Full text...
thread Society
Mozambique makes great strides towards Early Warnings for All
23 august 2024 - 05:38:34Maputo, Mozambique (PANA) - Mozambique is playing a leading role in a UN-led global initiative to ensure that all people [...] Full text...
thread Environment
Botswana prepares for historic UN conference on landlocked countries
23 august 2024 - 05:25:42Gaborone, Botswana (PANA) - Leaders from landlocked developing countries, (LLDCs) will gather in Gaborone, Botswana, this December to tackle challenges, [...] Full text...
thread Politics
Lessons from Zambia: Improving sanitation through planning, awareness-building, and collaboration: World Bank Blog By Francis Ghesquiere and Ai-Ju Huang
22 august 2024 - 11:40:32Lusaka, Zambia (PANA) - We’re excited to share lessons from our recent work on the Lusaka Sanitation Project in Zambia [...] Full text...
thread Health
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
‘Break the cycle of violence’ through prevention and peacebuilding, Security Council told
21 august 2024 - 19:49:42New York, US (PANA) - Violence cost the world nearly $20 trillion last year, but investment in peace and conflict [...] Full text...
thread Society
US Assistant Secretary Noyes visits Côte d’Ivoire and Senegal
20 august 2024 - 05:32:23Washington, DC, US (PANA) - US Assistant Secretary of State for the Bureau of Population, Refugees, and Migration Julieta Valls [...] Full text...
thread Politics
CAF gives $50,000 to each Club in preliminaries of inter-club contest
16 august 2024 - 17:29:32Cairo, Egypt (PANA) - In line with CAF president's promise to improve club Competitions and provide more financial assistance to [...] Full text...
thread Sports
Gambia, MRCG at LSHTM achieved longitudinal population study
14 august 2024 - 13:40:39Banjul, Gambia (PANA) - The Medical Research Council Unit the Gambia at The London School of Hygiene and Tropical Medicine [...] Full text...
thread Health
AfDB mobilises over 92m euros to support entrepreneurship, job creation in Tunisia
13 august 2024 - 06:03:16Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a financing package [...] Full text...
thread Economy
Indigenous Day celebrates ‘guardians of the environment’
09 august 2024 - 16:31:36New York, US (PANA) - As countries celebrate the International Day of the World's Indigenous Peoples on Friday, the theme of [...] Full text...
thread Society
Another month, another heat record broken: UN weather agency
07 august 2024 - 20:41:57Geneva, Switzerland (PANA) - Last month, July, saw another extreme weather milestone with the world's hottest day on recent record registered [...] Full text...
thread Environment
Nurturing hope and leadership among Gaza’s young people (A feature by UN News)
07 august 2024 - 12:48:21Gaza City, Gaza (PANA) - “My message to the world is how important it is to strengthen the role of [...] Full text...
thread Society
Scaling behavioural interventions in cash transfer programme: Success story from Ghana: World Bank Blog By Christabel E. Dadzie and Mukta Joshi
07 august 2024 - 08:26:10Accra, Ghana (PANA) - Cash transfer programmes have significantly reduced poverty over the years. The World Bank's Social Protection and [...] 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
ADF grants Comoros $135 million to develop ports, facilitate regional trade
06 august 2024 - 07:10:40Abidjan, Cote d'Ivoire (PANA) - African Development Bank (AfDB) Group supports the Union of the Comoros in extending and modernizing [...] Full text...
thread Economy
Three-in-one project to foster human capital development in Burundi
02 august 2024 - 06:33:10Bujumbura, Burundi (PANA) - With a focus on nutrition, healthcare and education, a new World Bank-financed project will empower boys [...] Full text...
thread Society
Now is the time to help countries faced with liquidity challenges: IMF Blog By Ceyla Pazarbasioglu and Pablo Saavedra
01 august 2024 - 17:00:50Washington, United States (PANA) - Many countries are being squeezed by increasing interest payments and high debt redemptions. The economic scarring [...] Full text...
thread Economy
“Middle-Income Trap” hinders progress in 108 developing countries: World Development Report
01 august 2024 - 07:58:33EMBARGOED: NOT FOR PUBLICATION, BROADCAST, OR TRANSMISSION UNTIL THURSDAY, 1 AUGUST, 2024, at 1:30 PM UTCWashington, DC, United States (PANA) [...] Full text...
thread Economy
More support for breastfeeding could save 820,000 young lives annually, UN agencies say
01 august 2024 - 05:06:39Geneva, Switzerland (PANA) - The heads of the UN Children’s Fund (UNICEF) and the World Health Organisation (WHO) have called [...] Full text...
thread Health
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
World Bank announces Sangbu Kim as Vice President for Digital Transformation
31 july 2024 - 08:28:52Washington, DC, United States (PANA) - World Bank Group President Ajay Banga has announced the appointment of Sangbu Kim as [...] 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
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
Kenyan climate scientists discover groundbreaking Turkana Jet influencing drought patterns
29 july 2024 - 17:19:23By Kennedy AbwaoNairobi, Kenya (PANA) – Climate scientists from the University of Nairobi (UoN) have discovered a new climate pattern [...] Full text...
thread Environment
UN development Summit looks into global financial reforms
26 july 2024 - 18:03:28Addis Ababa, Ethiopi (PANA) - Dozens of finance and foreign ministers met here to discuss radical action to reform the [...] Full text...
thread Economy
Eswatini’s growth stuck in 4.5 to 5.0 percent range in 2024: IMF
25 july 2024 - 11:09:11Mbabane; Eswatini (PANA) – Eswatini’s economic growth is poised to remain in the 4.5 to 5.0 percent range in 2024 [...] 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
Fight against global hunger set back 15 years, warns UN report
24 july 2024 - 17:58:06Rome, Italy (PANA) - Progress fighting global hunger has been set back 15 years, leaving around 733 million people going [...] Full text...
thread
South Africa attends high-level trade forum in the US
24 july 2024 - 11:21:41Cape Town, South Africa (PANA) – A high-level South African delegation is attending the 21st African Growth and Opportunity Act [...] Full text...
thread Economy
A low-growth world is an unequal, unstable world (By Kristalina Georgieva, IMF Managing Director)
24 july 2024 - 09:20:08Washington, DC, United States (PANA) - The global economy is stuck in low gear, which could deal a major blow [...] Full text...
thread Economy
New partnership framework for Cameroon focuses on more jobs, effective service delivery for all
24 july 2024 - 08:04:33Yaoundé, Cameroon (PANA) – The World Bank Group (WBG) announced a new Country Partnership Framework (CPF) for Cameroon, which will [...] Full text...
thread Economy
Senior US diplomat meets Senegalese President Faye
19 july 2024 - 07:48:56Dakar, Senegal (PANA) - US Deputy Secretary of State Kurt Campbell met with Senegalese President Bassirou Diomaye Faye on Thursday. He congratulated [...] Full text...
thread Politics
Morocco's economy proves resilient but private sector faces challenges
19 july 2024 - 07:41:58Rabat, Morocco (PANA) - Despite various obstacles, including a slowdown in the global economy, an inflation shock, and the Al [...] Full text...
thread Economy
South Africa: South African rail authority secures US$1 billion loan
18 july 2024 - 17:48:42Cape Town, South Africa (PANA) – The African Development Bank (AfDB) on Thursday confirmed that it had approved a US$1 billion [...] Full text...
thread Economy
New UNDP report highlights climate action opportunities in Africa
18 july 2024 - 05:17:07Nairobi, Kenya (PANA) - The UN Development Programme (UNDP) on Wednesday launched the third edition of its Africa Investment Report [...] Full text...
thread Economy
The Tunisian Parliament adopts two organic laws on the Africa50 Fund
17 july 2024 - 15:35:07Tunis, Tunisia (PANA) - The Tunisian parliament Tuesday adopted two organic laws approving the statutes of the "Africa50" fund for [...] Full text...
thread Economy
AfDB's sovereign portfolio retains top spot in 2024 Aid Transparency Index
17 july 2024 - 06:32:34Abidjan, Cote d'Ivoire (PANA) - The global campaign for aid and development transparency has again named the African Development Bank’s [...] Full text...
thread Economy
Getting back on track to meet the first Sustainable Development Goal: World Bank Blog By Luis Felipe López-Calva
16 july 2024 - 17:58:21Washington DC, United States (PANA) - Almost 10 years ago, countries worldwide adopted the Sustainable Development Goals (SDGs), 17 targets [...] Full text...
thread Society
Global growth steady amid slowing disinflation and rising policy uncertainty: IMF Blog By Pierre-Olivier Gourinchas
16 july 2024 - 17:45:18Washington DC, United States (PANA) - Our global growth projections are unchanged at 3.2 per cent this year and slightly [...] 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
UN remembers Nelson Mandela’s commitment to fight poverty and inequity
15 july 2024 - 18:59:09New York, US (PANA) - The UN paid tribute on Monday to the life and legacy of the first democratically [...] Full text...
thread Politics
Senior US diplomat visits Ghana, Gabon, Senegal
15 july 2024 - 05:14:51Washington, DC, US (PANA) - US Deputy Secretary of State Kurt Campbell has emarked on visits to Ghana, Gabon and [...] Full text...
thread Politics
Emerging markets show resilience despite global monetary tightening: IMF Blog By Cian Allen and Rudolfs Bems
13 july 2024 - 11:18:44Washington, DC, United States (PANA) - Interest rates in the United States are at 20-year highs and the dollar has [...] Full text...
thread Economy
World Bank supports Botswana to enhance renewable energy, improve electricity services
13 july 2024 - 07:36:28Gaborone, Botswana (PANA) - The World Bank’s Board of Directors has approved its first lending operation supporting renewable energy development [...] Full text...
thread Economy
UN Trade and Development calls for sustainable and equitable strategies to mitigate digital economy’s growing environmental impact
12 july 2024 - 19:07:48Geneva, Switzerland (PANA) - A global shift towards circularity focusing on responsible production and consumption is crucial to making the [...] Full text...
thread
World Bank Group launches framework for inclusive, private sector-led, resilient growth in Tanzania
12 july 2024 - 10:58:44Dar es Salaam, Tanzania (PANA) - The World Bank Group’s (WBG) Board of Executive Directors has endorsed the new Country [...] Full text...
thread Economy
UN chief calls for ‘dramatic shift’ to transform education worldwide
11 july 2024 - 18:01:28New York, US (PANA) - The global crisis in education needs a “dramatic shift” to shape a more peaceful, sustainable [...] Full text...
thread Society
Digital boom could well be a bust for the environment, warns UN trade agency
11 july 2024 - 06:27:18New York, US (PANA) - Did you know that producing a computer weighing two kilogrammes (kg) requires a staggering 800kg [...] Full text...
thread Society
Seeking new pathways to green growth in Malawi: World Bank By Qursum Qasim and Efrem Chilima
10 july 2024 - 11:36:35Lilongwe, Malawi (PANA) - With the recent declaration of a drought in 23 of its 28 districts, Malawi once again [...] Full text...
thread Economy
US 'deeply concerned' about minerals supply chains from Rwanda and eastern DRC contributing to ongoing conflict
09 july 2024 - 17:31:49Washington, DC, US (PANA) - The US said in Tuesday that it is “deeply concerned” by the ongoing conflict in [...] Full text...
thread Politics
World Bank launches Economic Update on Chad
09 july 2024 - 08:31:17N’djamena, Chad (PANA) – Enhancing the economic inclusion of refugees necessitates acknowledging their economic contributions, according to the World Bank [...] Full text...
thread Economy
South Africa's President Ramaphosa congratulates Starmer on UK election victory
07 july 2024 - 07:56:35Cape Town, South Africa (PANA) – South Africa's President Cyril Ramaphosa has congratulated Keir Starmer on his election as the United [...] Full text...
thread Politics
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
AfDB, Korea sign deal on Trade Facilitation in Africa
04 july 2024 - 12:56:12Abidjan, Cote d'Ivoire (PANA) - Africa is set to benefit from improved customs technologies to boost intra-African trade.This follows an [...] Full text...
thread Economy
EU-Kenya trading treaty enters into force after nearly two decades of talks
02 july 2024 - 22:20:12Nairobi, Kenya (PANA) - The trading treaty between Kenya and the European Union under the Economic Partnership Agreement (EPA), entered [...] Full text...
thread Economy
World Bank Group guarantee platform goes live
02 july 2024 - 07:18:40Washington DC, United States (PANA) - Starting 1 July, the World Bank Group (WBG) guarantee platform opened for business, it [...] Full text...
thread Economy
Empowering small emerging commercial farmers: Mozambique success story – World Bank Blog By Blessings Botha
01 july 2024 - 08:58:56Maputo, Mozambique (PANA) - Having seen so many smallholder farmers trapped in low agricultural productivity in Mozambique, I had always [...] Full text...
thread Agriculture
World Bank Group appoints Senegalese Fatou Fall as joint Resident Representative for Djibouti
01 july 2024 - 08:51:09Djibouti, Djibouti (PANA) - Starting Monday, Fatou Fall becomes the Joint Resident Representative of the World Bank Group for Djibouti.“This [...] Full text...
thread Society
AfDB, JICA align priorities ahead of TICAD9 summit
01 july 2024 - 07:43:52Tokyo, Japan (PANA) - The African Development Bank (AfDB) Group and the Japan International Cooperation Agency (JICA) have underscored the [...] Full text...
thread Economy
World getting a ‘failing grade’ on Global Goals report card
29 june 2024 - 05:54:52New York, US (PANA) - With just six years remaining to reach the Sustainable Development Goals (SDGs), global progress is [...] Full text...
thread Politics
IMF Executive Board completes second review under Extended Credit Facility Arrangement with Ghana
29 june 2024 - 05:32:55Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Friday completed the second review [...] 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
WB to accelerate digital inclusion for 180 million people across Eastern, Southern Africa
28 june 2024 - 12:27:03Lusaka, Zambia (PANA) - A new programe that will benefit over 180 million people by 2032 is poised to significantly [...] Full text...
thread Society
IMF concludes 2024 Article consultation with Benin
28 june 2024 - 11:36:18Washington, 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
Uganda should improve public spending on health for a more productive population
27 june 2024 - 13:58:38Kampala, Uganda (PANA) - Economic activity in Uganda has remained resilient despite multiple successive shocks, with real gross domestic product [...] Full text...
thread Health
Favourable prices offered by local processors divert South Africa’s orange growers from export market
27 june 2024 - 12:36:23Pretoria, South Africa (PANA) - Record orange juice prices in South Africa are expected to escalate orange juice production as [...] Full text...
thread Agriculture
Fostering vibrant, inclusive private sector is key to Somalia’s resilient growth
26 june 2024 - 18:26:55Mogadishu, Somalia (PANA) - Since Somalia’s private sector accounts for an estimated 95 per cent of total jobs created, marshalling [...] Full text...
thread Economy
World Bank Group debars Ernst & Young LLP, Kenya
26 june 2024 - 18:15:04Washington, USA (PANA) - The World Bank Group (WBG) announced on Wednesday a 30-month debarment of Kenya-based Ernst & Young [...] Full text...
thread Society
Remittances slowed in 2023, expected to grow faster in 2024: WB report
26 june 2024 - 18:03:31Washington, DC, United States (PANA) - After a period of strong growth during 2021-2022, officially recorded remittance flows to low- [...] Full text...
thread Economy
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
Ford South Africa celebrates assembly of one million Rangers
26 june 2024 - 10:17:20Pretoria, South Africa (PANA) - Ford South Africa has celebrated the assembly of the one-millionth Ranger at its Silverton plant [...] Full text...
thread Economy
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
'Africa offers attractive investment opportunities for Japanese firms'
23 june 2024 - 06:33:45Tokyo, Japan (PANA) - Dr. Kevin Kariuki, African Development Bank's (AfDB's) Vice President for Power, Energy, Climate and Green Growth, [...] Full text...
thread Economy
IMF approves US$337 million from ECF and US$321 million of RSF for Madagascar
22 june 2024 - 12:16:27Antananarivo, Madagascar (PANA) – The Executive Board of the International Monetary Fund (IMF) on Friday approved a 36-month arrangement under [...] Full text...
thread Economy
Madagascar: First country to benefit from Enhanced Cooperation Framework for Scaled-Up Climate Action
22 june 2024 - 10:58:49Washington, DC, United States (PANA) - The World Bank Group (WBG) and International Monetary Fund (IMF) have announced that the [...] Full text...
thread Environment
IMF traces signs of macroeconomic stabilisation in Comoros
22 june 2024 - 10:20:58Moroni, Comoros (PANA) - Reforms are beginning to bear fruit in the Comoros, with visible signs of macroeconomic stabilisation. But, according [...] Full text...
thread Economy
Gold reserves management become more relevant than ever
21 june 2024 - 14:08:33London, United Kingdom (PANA) - An increasingly complex geopolitical and financial environment is making gold reserves management more relevant than [...] Full text...
thread Economy
IMF Board approves US$ 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