Developing countries paid record $1.4 trillion on foreign debt in 2023

03 december 2024 - 07:43:36
EMBARGOED: NOT FOR PUBLICATION, BROADCAST, OR TRANSMISSION UNTIL 3 DECEMBER, 2024, AT 2:30 PM UTCWashington, DC, United States (PANA) - [...] Full text...

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Premier League giants gain edge in Osimhen race After Galatasaray's major setback

27 november 2024 - 19:09:23
Istanbul, Turkuie (PANA) - Galatasaray’s financial situation has seemingly ruled the Turkish giants out of the bid to sign Victor [...] Full text...

thread Sports

Chelsea faces new rival as another European side enters the race for Victor Osimhen's transfer Story by Celine Nyambura

26 november 2024 - 16:45:02
Istanbul, Turkuie (PANA) - Victor Osimhen's immediate future remains a topic that continues to present multiple twists with the passing [...] Full text...

thread Sports

COP29: World Bank expands lifeline to small States hit by disasters

13 november 2024 - 08:16:53
Baku, Azerbaijan (PANA) - The World Bank Group has expanded its lifeline to countries struggling to rebuild from disasters, allowing [...] Full text...

thread Environment

AfDB approves €24 million loan to Côte d'Ivoire to improve fisheries and aquaculture sectors

10 november 2024 - 13:14:34
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a loan [...] Full text...

thread Agriculture

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

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

thread Economy

The role of language in gender equality: How linguistic structures shape legal norms and reinforce gender biases: World Bank Blog By Pierrick Bruyas and Caroline Perrin

26 october 2024 - 10:44:56
Washington, DC, United States (PANA) - Globally, women’s rights have expanded significantly over the past decades. By 2023, 162 economies [...] Full text...

thread Culture

Japan signs $1 billion portfolio guarantee with World Bank

26 october 2024 - 07:34:07
Washington, DC, United States (PANA) - Japan signed a $1 billion portfolio guarantee agreement on Friday that will scale up [...] Full text...

thread Economy

AfDB urges practical solutions to tackle poverty in Africa

25 october 2024 - 09:28:05
Washington, DC., US, (PANA) -    Climate change, global financial shocks and growing food insecurity are threatening Africa, the world’s [...] Full text...

thread Economy

AfDB approves $100 million to support youth and women-led MSMEs in Nigeria

20 october 2024 - 06:27:25
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has approved a $100 million loan to increase access to [...] Full text...

thread Economy

Transfer: ‘Crazy’ – Man City midfielder, Gundogan reacts as Osimhen joins Galatasaray

03 september 2024 - 17:04:01
Lagos, Nigeria (PANA) - Manchester City midfielder, Ilkay Gundogan, has branded Victor Osimhen’s move from Napoli to Galatasaray as “crazy”, [...] Full text...

thread Sports

Links between weak governance and unsustainable debt in IMF loan programmes require action

14 august 2024 - 14:52:00
Washington, DC, United States (PANA) – A new white paper from Transparency International U.S. (“TI US”) examines links between weak [...] Full text...

thread Society

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

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

thread Economy

South African football star transferred to Algerian giants CR Belouizdad

07 august 2024 - 09:55:13
Cape Town, South Africa (PANA) – Leading South African footballer Khanyisa Mayo has been signed by Algerian giants CR Belouizdad.The Cape [...] Full text...

thread Sports

AfDB grants DRC $260 million loan to strengthen agricultural sector

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

thread Agriculture

South Africa: South African rail authority secures US$1 billion loan

18 july 2024 - 17:48:42
Cape Town, South Africa (PANA) – The African Development Bank (AfDB) on Thursday confirmed that it had approved a US$1 billion [...] Full text...

thread Economy

Senior US diplomat visits Ghana, Gabon, Senegal

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

thread Politics

World Bank supports Botswana to enhance renewable energy, improve electricity services

13 july 2024 - 07:36:28
Gaborone, Botswana (PANA) - The World Bank’s Board of Directors has approved its first lending operation supporting renewable energy development [...] Full text...

thread Economy

Donor delegation expresses satisfaction with Cape Verde's Tech Park

07 july 2024 - 07:33:29
Praia, Cape Verde (PANA) - A high-level donor delegation that included the African Development Bank (AfDB) has expressed strong admiration [...] Full text...

thread Society

Helping female-led firms in Ethiopia become more resilient in turbulent times: World Bank Blog By Lauren Marino and Sophia Friedson-Ridenour

04 july 2024 - 06:22:17
Hawassa, Ethiopia (PANA) - On a recent Thursday afternoon, Jalene’s small coffee shop and roastery in Hawassa, Ethiopia, was enveloped [...] Full text...

thread Gender

Burundi govt comes to the rescue of country's only public university

14 june 2024 - 15:55:09
Bujumbura, Burundi (PANA) - Burundi's only public university, based in Bujumbura, is to receive State subsidies to relaunch its accommodation, [...] Full text...

thread Politics

AfDB strengthens capacity of fragile states on debt management

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

thread Economy

World Bank assists Kenya to ease short-term fiscal pressures

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

thread Economy

2026 WC qualifier: Ghana coach drops Ayew, introduces new faces

30 may 2024 - 08:08:19
Accra, Ghana (PANA) - Ghanaian Coach Otto Addo, has made changes in Ghana's upcoming 2026 World Cup qualifiers against Mali [...] Full text...

thread Sports

U.K. gallery holds exhibition of El Anatsui's arts works

29 may 2024 - 11:43:38
Edinburgh, Scotland (PANA) - Talbot Rice Gallery, U.K. says, will showcase a major exhibition this summer in Edinburgh, Scotland, of [...] Full text...

thread Sciences

Zambia, World Bank sign agreement to cut carbon emissions in Eastern Province

22 may 2024 - 07:32:01
Lusaka, Zambia (PANA) - Communities in Zambia’s Eastern Province are set to reap the benefits of their efforts in forest [...] Full text...

thread Environment

World Bank loan to Namibia supports renewable energy integration

07 may 2024 - 09:56:07
Windhoek Namibia (PANA) – Namibia on Monday marked the approval of its first ever World Bank financed energy project, aimed [...] Full text...

thread Economy

Kenyan farmers get fertilizer boost with $2 million from AfDB

27 april 2024 - 10:00:14
Nairobi, Kenya (PANA) - In a significant step to advance food security in Kenya, the Africa Fertilizer Financing Mechanism has [...] Full text...

thread Agriculture

Libyan Finance Minister meets several counterparts to demand payment of loans granted by Libya

20 april 2024 - 19:12:11
Tripoli, Libya (PANA) - The Libyan Minister of Finance in the Government of National Unity, Khaled al-Mabrouk, has held several [...] Full text...

thread Economy

World Bank’s new financing tools receive major funding boost

20 april 2024 - 09:49:37
Washington DC, United States (PANA) - New financial instruments designed to boost lending capacity and enable the World Bank Group [...] Full text...

thread Economy

Fast-growing $2 trillion private credit market warrants closer watch: IMF Blog By Charles Cohen, Caio Ferreira, Fabio Natalucci, Nobuyasu Sugimoto

08 april 2024 - 15:40:00
Washington DC, United States (PANA) - The private credit market, in which specialized non-bank financial institutions such as investment funds [...] 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 - 15:28:55
Washington, United States (PANA) - If efforts to address record global public debt are to leave no stone unturned, then [...] Full text...

thread Economy

AfDB signs US$75 million loan agreement to boost fertilizer production in Nigeria

29 march 2024 - 13:17:05
Port Harcourt, Nigeria (PANA) - The African Development Bank (AfDB) has signed a US$75 million loan agreement with Nigeria’s Indorama [...] Full text...

thread Economy

World Bank offers Tunisia over US$500 million loan for strategic partnership

17 march 2024 - 13:08:54
Tunis, Tunisia (PANA) - The World Bank's Board of Executive Directors recently approved allocation of $520 million in two  loans [...] Full text...

thread Economy

World Bank projects boost food security, economic opportunities in Tunisia

15 march 2024 - 14:44:08
Tunis, Tunisia (PANA) - The World Bank’s Board of Directors has approved two new loans worth US$520 million, providing additional [...] Full text...

thread Agriculture

AfDB empowering vulnerable women in Togo (A feature by AfDB)

13 march 2024 - 08:36:39
Lome, Togo (PANA) - Some 45 kilometres from Lomé, Togo, in the village of Aného, a transformative initiative is reshaping [...] Full text...

thread Economy

Libyan Economy Minister and IDB Director discuss industrial location plan in Libya

08 march 2024 - 19:05:52
Tripoli, Libya (PANA) - The Libyan Minister of Economy and Trade in the government of national unity, Mohamed al-Haweij, has [...] Full text...

thread Economy

Emerging markets navigate global interest rate volatility: IMF Blog By Tobias Adrian, Fabio Natalucci, and Jason Wu

02 february 2024 - 07:04:24
Washington, United States (PANA) - Global interest rates in recent months have gone on a rollercoaster, especially those on longer-term [...] Full text...

thread Economy

Global economy approaches soft landing, but risks remain: IMF Blog By Pierre-Olivier Gourinchas

30 january 2024 - 16:54:52
Washington, United States (PANA) - The clouds are beginning to part. The global economy begins the final descent toward a [...] Full text...

thread Economy

What artificial Intelligence means for economics: Opinion By Daniel Björkegren and Joshua E. Blumenstock

27 january 2024 - 07:59:36
Lomé, Togo (PANA) - AI must be carefully adapted to benefit the poor, shows research in Kenya, Togo, and Sierra [...] Full text...

thread Society

World Bank boosts support to accelerate digital transformation in Gabon

03 january 2024 - 08:43:07
Libreville, Gabon (PANA) - Gabon and the World Bank on Tuesday signed a $68.5 million loan for the Digital Gabon [...] Full text...

thread Society

Prominent Angolan business executive fights asset freeze order

23 december 2023 - 14:54:07
London, UK (PANA) – Isabel dos Santos, a prominent Angolan business executive fighting a legal battle over a multi-million telecommunication [...] Full text...

thread Economy

World Bank increases support for human capital programme in Morocco

20 december 2023 - 08:56:19
Rabat, Morocco (PANA) - The World Bank’s Board of Directors has approved a new US$500 million loan aimed at improving [...] Full text...

thread Society

Morocco drives transformative impact for higher education, scientific research with World Bank support

15 december 2023 - 06:47:13
Rabat, Morocco (PANA) - The World Bank’s Board of Directors has approved a US$300 million Programme-for-Results loan to support the [...] Full text...

thread Society

AfDB grants 81.9 million loan to Tunisia

14 december 2023 - 16:50:24
Tunis, Tunisia (PANA) - The African Development Bank (AfDB) has approved a loan of €81.9 million to Tunisia to implement [...] Full text...

thread Economy

Developing countries paid record $443.5 billion on public debt in 2022: World Bank report

13 december 2023 - 15:32:47
Washington, USA (PANA) - Amid the biggest surge in global interest rates in four decades, developing countries spent a record [...] Full text...

thread Economy

World Bank supports Cape Verde's efforts to strengthen drivers of growth

12 december 2023 - 12:04:38
Praia, Cape Verde (PANA) – The World Bank Board has approved a US$25 million Development Policy Financing (DPF) loan for [...] Full text...

thread Economy

COP28: Rwanda Climate Finance Partnership powers innovative climate action

03 december 2023 - 12:46:40
Dubai, UAE (PANA) - Rwanda Climate Finance Partnership is powering innovative climate action thanks to additional contributions from the Government [...] Full text...

thread Economy

World Bank, Global Fund collaborate to tackle impact of climate change on health

22 november 2023 - 16:05:37
Washington DC, United States (PANA) - The World Bank and the Global Fund to Fight AIDS, Tuberculosis, and Malaria (the [...] Full text...

thread Health

ECOWAS bank gives Nigerian bank $50 million loan for SMEs

22 november 2023 - 07:30:39
Lome, Togo (PANA) - The ECOWAS Bank for Investment and Development (EBID) has signed an  agreement with WEMA Bank Plc, [...] Full text...

thread Economy

Saudi Fund for Development to support Benin with $40m

13 november 2023 - 20:12:50
Cotonou, Benin (PANA) - The Saudi Fund for Development (SDF) has just granted Benin a loan of 40 million dollars, [...] Full text...

thread Economy

OPEC supports technical, vocational training in Benin

13 november 2023 - 19:49:33
Cotonou, Benin (PANA) - The Organisation of Petroleum Exporting Countries (OPEC) is giving Benin a loan of $25.5 million to [...] Full text...

thread Economy

Build capacity to expand access for all to housing finance in West Africa: World Bank Blog By Mazen Bouri

07 november 2023 - 20:13:55
Dakar, Senegal (PANA) - In West Africa, houses are built brick by brick, room by room, with the pace of [...] Full text...

thread Economy

Scaling innovation: Expanding We-Fi's digital cash flow product across Africa – World Bank Blog By Siegfried Zottel and Sean Ding

03 november 2023 - 18:26:11
Accra, Ghana (PANA) - Imagine being seated across from a loan officer in a bank, stepping into the shoes of [...] Full text...

thread Gender

AfDB supports Namibia to modernise its railway infrastructure

01 november 2023 - 07:33:59
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a loan [...] Full text...

thread Economy

AfDB approves US$300 million to South Africa for energy governance, climate resilience

01 november 2023 - 07:31:39
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a US$300 [...] Full text...

thread Economy

New look at global banks highlights risks from higher-for-longer interest rates: IMF Blog by Charles Cohen, Srobona Mitra, Fabio Natalucci

17 october 2023 - 10:18:02
Washington DC, United States (PANA) - Central banks could keep interest rates higher for longer as they fight to curb [...] Full text...

thread Economy

Current El Niño likely to affect food security in several African countries

17 october 2023 - 07:30:02
Dar es Salaam, Tanzania (PANA) –  Heads of international organisations have urged countries to balance short-term urgent interventions with longer-term [...] Full text...

thread Agriculture

2023 World Bank Annual Meetings: A new vision for challenging times

17 october 2023 - 07:06:03
Washington DC, United States (PANA) - The World Bank’s new vision and playbook for development were unveiled at last week’s [...] Full text...

thread Economy

Nigeria: Nigeria secures $1.5bn zero-interest World Bank loan

16 october 2023 - 20:32:12
Abuja, Nigeria (PANA) – Nigeria’s Federal Executive Council (FEC) met on Monday with the Minister of Finance and Coordinating Minister [...] Full text...

thread Economy

IMF achieves stage 1 fundraising targets for Poverty Reduction and Growth Trust

15 october 2023 - 18:59:40
Marrakech, Morocco (PANA) - International Monetary Fund (IMF) Managing Director Kristalina Georgieva has announced that the Fund successfully met the [...] Full text...

thread Economy

Higher-for-longer interest rate environment is squeezing more borrowers: IMF Blog By Tobias Adrian

11 october 2023 - 08:00:15
Washington, DC, United States (PANA) - The world’s central banks have unleashed the steepest series of interest-rate increases in decades [...] Full text...

thread Economy

AfDB offers fairer global financial architecture with beneficial development for Africa

26 september 2023 - 05:26:24
New York, U.S. (PANA) - The African Development Bank (AfDB) President, Dr Akinwumi Adesina, has said the global financial architecture [...] Full text...

thread Economy

IMF's austerity loan conditions risk undermining rights, says Human Rights Watch

25 september 2023 - 05:38:29
Washington DC, US (PANA) – The International Monetary Fund, with a global debt crisis looming, is setting conditions for its [...] Full text...

thread Economy

IMF gives Morocco $1.3 billion loan

19 september 2023 - 13:02:55
New York, US (PANA) - The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, announced on Monday that [...] Full text...

thread Economy

Striving for effective debt policy and management: Benin’s journey ( A World Bank Blog)

16 august 2023 - 12:57:57
Cotonou, Benin (PANA) - Amidst the diverse landscape of debt policy and management in Sub-Saharan Africa (SSA), Benin has emerged [...] Full text...

thread Economy

AfDB VP tours Export Trade Group in southern Africa

03 august 2023 - 09:55:15
Abidjan, Cote d'Ivoire (PANA) - The Vice President of the African Development Bank (AfDB) Group, Solomon Quaynor, has concluded a [...] Full text...

thread Agriculture

AfDB Group commits $87 million to prop cereal production in Tunisia

21 july 2023 - 13:59:36
Tunis, Tunisia (PANA) - Tunisia will receive an $87.1 million loan from the African Development Bank (AfDB) Group to scale [...] Full text...

thread Agriculture

Rights groups call on Zambian government to clean up toxic lead waste at mine site

20 july 2023 - 06:43:16
Johannesburg, South Africa (PANA) – Two human rights groups have called on the Zambian government to make comprehensive efforts to clean [...] Full text...

thread Environment

World Bank responds to rising global food insecurity

18 july 2023 - 07:19:05
Washington, DC, US (PANA) - Domestic food price inflation remains high around the world, says the latest update of the [...] Full text...

thread Society

EIB lends €40 million to Tunisia

12 july 2023 - 14:20:26
Tripoli, Libya (PANA) - Italy's ambassador to Libya, Gianluca Alberini, has reaffirmed his country's support for all international efforts to [...] Full text...

thread Economy

Remembering Marc-Vivien Foé: Celebrating the life, legacy of Cameroon star

28 june 2023 - 07:16:59
Cairo, Egyypt (PANA) - Monday marked the solemn occasion of the 20th anniversary of the tragic death of Cameroonian football [...] Full text...

thread Sports

African Development Bank proposes sweeping reforms to bolster funding to poor countries

23 june 2023 - 22:38:12
Paris, France (PANA) - The African Development Bank has presented a plan allowing rich countries to reallocate their Special Drawing [...] Full text...

thread Economy

World Bank announces toolkit to support countries after natural disasters

23 june 2023 - 07:15:43
Washington, DC, US (PANA) - The World Bank Group has announced a suite of new and expanded actions to help [...] Full text...

thread Society

ECOWAS Investment Bank signs three loan agreements worth over $51 million

22 june 2023 - 15:05:16
Ouagadougou, Burkina Faso (PANA) - The ECOWAS Bank for Investment and Development (EBID) on Tuesday in Accra, Ghana, signed three [...] Full text...

thread Economy

AfDB approves $23.04 million for modern Floating Dock Facility in Ghana

21 june 2023 - 07:50:00
Takoradi, Ghana (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a US$23.04 million loan [...] Full text...

thread Economy

Macro-economic challenges hamper Zimbabwe maize farmers’ efforts to raise production

19 june 2023 - 09:28:31
Harare, Zimbabwe (PANA) - Zimbabwe’s maize crop for marketing year 2023/24 is estimated at 1.5 million metric tons, representing an [...] Full text...

thread Agriculture

European delegation in Tunis to pave way for agreement with IMF

11 june 2023 - 19:00:13
Tunis, Tunisia (PANA) - A large European delegation paid a brief visit to Tunis on Sunday in an attempt to [...] Full text...

thread Economy

AfDB approves $15 million loan to support infrastructure financing in Nigeria

18 may 2023 - 18:23:34
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a US$15 million [...] Full text...

thread Economy

AfDB, ILX sign deal to mobilize European institutional capital for sustainable projects across Africa

23 april 2023 - 05:17:23
Amsterdam, Netherlands (PANA) - The African Development Bank (AfDB) and ILX Management B.V. (ILX) on Saturday signed a partnership agreement [...] Full text...

thread Economy

Ivorian hydropower plant to supply electricity to 100,000 households, reduce greenhouse gas emissions.

21 april 2023 - 06:23:37
Abidjan, Cote d'Ivoire (PANA) - Three years after construction began, the Singrobo-Ahouaty hydropower plant project, located some 150 km north [...] Full text...

thread Economy

Mali's National Transitional Council approves bill to repay debt of electricity company EDM

13 april 2023 - 14:58:22
Bamako, Mali (PANA) - The National Transition Council (CNT), which acts as the national assembly in Mali, approved on Wednesday [...] Full text...

thread Economy

Global financial system tested by higher inflation and interest rates: IMF Blog

11 april 2023 - 17:30:36
Washington, DC, US (PANA) - Banking oversight was significantly strengthened after the global financial crisis, in part by requirements for [...] Full text...

thread Economy

CAF Disciplinary Board meets on Confederation Cup, Champions League matters

11 april 2023 - 12:05:29
Cairo, Egypt (PANA) - Members of the Disciplinary Board of the Confederation of African Football (CAF) has me to deliberate [...] Full text...

thread Sports

Talks underway on next funding flows from Germany to South Africa under JETP

04 april 2023 - 07:02:07
Johannesburg, South Africa (PANA) - Discussions are under way between the German and South African governments regarding the disbursement of [...] Full text...

thread Economy

Richer nations must step up support for the poorest (Blog)

01 april 2023 - 11:48:39
Washington, DC, US (PANA) - When finance ministers and central bankers arrive in Washington next week for the International Monetary [...] Full text...

thread Economy

UNICEF sounds alarm over fast-spreading cholera outbreaks in Africa

29 march 2023 - 06:29:08
Brazzaville, Congo (PANA) - The UN Children’s Fund (UNICEF) is calling for emergency funding to broaden efforts to reach millions [...] Full text...

thread Health

Africa experiencing surging food price inflation: WB

28 march 2023 - 06:33:57
Dar es Salaam, Tanzania (PANA) - Domestic food price inflation remains high around the world, according to the latest Food [...] Full text...

thread Agriculture

WB supports Congo to address climate change to build resilient economy

24 march 2023 - 05:57:54
Brazzaville, Congo (PANA) — The World Bank has approved US$82 million to support the Climate-Resilient and Inclusive Livelihoods Project (ProClimat [...] Full text...

thread Environment

Burial service held for Ghanaian footballer Christian Atsu

17 march 2023 - 12:11:57
Accra, Ghana (PANA) - A burial service was held in Accra on Friday for former Ghanaian international footballer, Christian Atsu [...] Full text...

thread Sports

World Bank approves 120 million dollars for Tunisian SMEs

09 february 2023 - 15:19:04
Tunis, Tunisia (PANA) - The Board of Executive Directors of the World Bank has approved a loan of 120 million [...] Full text...

thread Economy

World Bank approves $120 million to support finance for Tunisia’s SMEs

09 february 2023 - 07:49:36
Tunis, Tunisia (PANA) – The World Bank has approved a US$120 million loan for Tunisia to fund the project ‘Support [...] Full text...

thread Economy

Ghanaian footballer Christian Atsu pulled from rubble after Turkey earthquake

07 february 2023 - 09:56:19
Accra, Ghana (PANA) - Ghanaian footballer Christian Atsu, who was reported to be among victims trapped under rubble after an [...] Full text...

thread Sports

Ghana footballer Christian Atsu reported missing in Turkey earthquake

06 february 2023 - 14:34:49
Accra, Ghana (PANA) - Ghanaian footballer Christian Atsu is among victims trapped under rubble after an earthquake that hit Turkey [...] Full text...

thread Sports

Infrastructure deficit still 'very high' in Africa, says Senegalese President

02 february 2023 - 14:32:41
Dakar, Senegal (PANA) - The Senegalese President, Macky Sall, on Thursday lamented the "very high" deficit in physical and digital [...] Full text...

thread Politics

Tunisians vote Sunday for second round of legislative elections

29 january 2023 - 16:40:30
Tunis, Tunisia (PANA) - Tunisian voters went to the polls on Sunday for a second round of early parliamentary elections [...] Full text...

thread Politics

AfDB finances construction of solar power plant in Tunisia

23 december 2022 - 16:28:11
Tunis, Tunisia (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a loan of [...] Full text...

thread Economy

Mauritius launches 'Zero Interest Medical Loan' scheme for patients in private clinics

21 december 2022 - 09:25:39
Port-Louis, Mauritius (PANA) – Mauritius has has launched a “Zero Interest Medical Loan" scheme, which is a tripartite collaboration between [...] Full text...

thread Health

AfDB grants €40 million to Senegal for livestock production development

19 december 2022 - 15:29:50
Abidjan, Côte d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) approved on Friday, 16 December [...] Full text...

thread Agriculture

AfDB grants €40 million to Senegal for development of livestock production

19 december 2022 - 05:46:21
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a loan [...] Full text...

thread Agriculture

EBRD lends US$ 40 million to global yeast manufacturer Angel Yeast Egypt

15 december 2022 - 12:44:33
Cairo, Egypt (PANA) - In supporting Egypt’s agribusiness, the European Bank for Reconstruction and Development (EBRD) announced on Thursday it [...] Full text...

thread Agriculture

EBRD and EU support micro, small and medium-sized enterprises in Egypt

24 november 2022 - 13:22:36
Cairo, Egypt (PANA) - The European Bank for Reconstruction and Development (EBRD) announced on Thursday a financial package of up [...] Full text...

thread Economy

France provides 200 million euros in loans to Tunisia

20 november 2022 - 14:07:23
Tunis, Tunisia (PANA) - The Tunisian Minister of Economy and Planning, Samir Saïed, and the French Minister of Europe and [...] Full text...

thread Economy

EBRD supports first hydrogen facility in Egypt

15 november 2022 - 14:10:12
Cairo, Egypt (PANA) - The European Bank for Reconstruction and Development (EBRD) is supporting the decarbonisation and Paris alignment of [...] Full text...

thread Environment

EBRD supports youth entrepreneurship in Egypt

14 november 2022 - 09:35:41
Sharm el-Sheikh, Egypt (PANA) - The European Bank for Reconstruction and Development (EBRD) announced on Monday it is providing a [...] Full text...

thread Economy

World Bank gives Mali $30 million to improve agriculture

12 november 2022 - 12:44:07
Bamako, Mali (PANA) - The World Bank has approved an International Development Association (IDA) credit of US$30 million (about CFAF [...] Full text...

thread Agriculture

AMF makes $74 million available to Tunisia

05 november 2022 - 19:06:13
Tunis, Tunisia (PANA) - Tunisia and the Arab Monetary Fund (AMF) signed on Friday a loan agreement for a total [...] Full text...

thread Economy

Inflation threatens everyone’s right to development

16 september 2022 - 05:58:48
Geneva, Switzerland (PANA) - Rising global inflation is expected to hit emerging and developing economies particularly hard this year, adding [...] Full text...

thread Economy

President of OMVS Council of Ministers received by President of Transition of Mali

15 september 2022 - 19:09:04
Bamako, Mali (PANA) - The current president of the Council of Ministers of the Organization for the Development of the [...] Full text...

thread Politics

18,000 loans and 21,000 plots of land, the first batch of the Libyan government's youth housing initiative

14 september 2022 - 20:47:35
Tripoli, Libya (PANA) - The Higher Committee of the Youth Housing Initiative of the Government of National Unity, announced here [...] Full text...

thread Politics

World Bank gives Guinea US$ 520 million

28 august 2022 - 15:41:56
Conakry, Guinea (PANA) - The World Bank has released US$520 million to Guinea for reforms of public finance management, stabilisation [...] Full text...

thread Economy

European Bank gives Tunisia Grains Board €150.5 million

24 august 2022 - 18:50:08
Tunis, Tunisia (PANA) - The European Bank for Reconstruction and Development has signed a sovereign guaranteed loan for €150.5 million [...] Full text...

thread Agriculture

EBRD boosts youth skills for maintenance of rolling stock in Egypt

12 august 2022 - 17:52:44
Cairo, Egypt (PANA) - The European Bank for Reconstruction and Development (EBRD) has teamed up with Hyundai Rotem to enhance [...] Full text...

thread Economy

Coronavirus: CNT approves loan agreement to Guinea for purchase of medical products

11 august 2022 - 14:18:54
Conakry, Guinea (PANA) - The National Transitional Council (CNT), which has been acting as the National Assembly since the September [...] Full text...

thread Health

Loan from UN fund allows FAO to scale up fertilizers for farmers in Ethiopia's Tigray region

09 august 2022 - 06:03:15
Addis Ababa, Ethiopia (PANA) - A $10 million loan from the UN’s Central Emergency Response Fund (CERF) will allow the [...] Full text...

thread Agriculture

ADF approves $14.4 million loan to boost food security in Zambia

28 july 2022 - 06:22:48
Abidjan, Côte d’Ivoire (PANA) - The African Development Fund (ADF), the concessional window of the African Development Bank Group, has [...] Full text...

thread Agriculture

French Development Agency gives Guinea 50 million euros to build landfill

27 july 2022 - 13:01:34
Conakry, Guinea (PANA) - France has granted the Guinean government a 50 million euro-loan to build a landfill for solid [...] Full text...

thread Environment

Libyan PM welcomes resumption of oil production, announces wage increases

20 july 2022 - 14:14:11
  Tripoli, Libya (PANA) - The Libyan prime minister of the Government of National Unity, Abdelhamid al-Dbaiba, Wednesday welcomed the resumption [...] Full text...

thread Politics

AfDB Board Approves $134 million loan to boost food production in Nigeria

20 july 2022 - 11:26:09
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank Group (AfDB) has approved a $134 [...] Full text...

thread Agriculture

EBRD to re-power Africa’s oldest wind farm in Morocco

19 july 2022 - 11:23:38
Rabat, Morocco (PANA) - The European Bank for Reconstruction and Development (EBRD) is supporting Morocco in its transition to a [...] Full text...

thread Environment

AfDB approves US$ 271 million for Egypt's food security and economic resilience support programme

19 july 2022 - 10:35:46
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Board of Directors has approved a loan of US$271 million to [...] Full text...

thread Economy

AfDB gives Guinea $66 million to extend access to electricity

17 july 2022 - 05:32:43
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank Group has approved a $66.39 million [...] Full text...

thread Economy

Coronavirus: ADF approves $27.19 million grant to boost post-pandemid recovery in Ghana

01 july 2022 - 07:16:58
Abidjan, Cote d’Ivoire (PANA) - The African Development Fund (ADF) Board of Directors has approved a US$27.19 million grant to [...] Full text...

thread Health

World Bank grants a US$130 million loan to Tunisia

30 june 2022 - 16:21:43
Tunis, Tunisia (PANA) - The Board of Executive Governors of the World Bank Thursday approved a new financing of US$130 [...] Full text...

thread Economy

IMF staff mission discusses reform plans, economic developments in Ethiopia

22 june 2022 - 10:24:20
Addis Ababa, Ethiopia (PANA) - Multiple shocks hitting the Ethiopian economy have dampened growth, further increased inflation and created fiscal [...] Full text...

thread Economy

EU grants 162 million euros to Tunisia

17 june 2022 - 13:38:02
Tunis, Tunisia (PANA) - The European Union has made 162 million euros available to Tunisia in the form of a [...] Full text...

thread Economy

Public sector workers embark on strike in Tunisia

16 june 2022 - 14:35:05
Tunis, Tunisia (PANA) - Public sector workers on Thursday embarked on a general strike which paralyzed vital activities of the [...] Full text...

thread Social

AfDB Board approves US$1.5 billion facility to avert food crisis in Africa

20 may 2022 - 21:08:37
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank Group's Board of Directors on Friday approved a US$1.5 billion facility [...] Full text...

thread Agriculture

2021/22 CAF Confed. Cup: Top scorers so far - Which player will win the Golden Boot?

20 may 2022 - 06:57:07
Uyo, Nigeria (PANA) - Orlando Pirates of South Africa and Moroccan giants RS Berkane are set to clash in the [...] Full text...

thread Sports

EBRD boosts SME access to finance in Egypt

19 may 2022 - 12:18:57
Cairo, Egypt (PANA - The European Bank for Reconstruction and Development (EBRD) announced on Thursday it is stepping up support [...] Full text...

thread Economy

Gambia secures $20 million IDA grant to strengthen fiscal resilience

11 may 2022 - 11:37:28
Banjul, Gambia (PANA) - The World Bank Board of Executive Directors  has approved a grant of $20 million for Gambia's [...] Full text...

thread Economy

Libyan PM, ministerial committee members meet over housing loans to Libyans

11 april 2022 - 21:21:27
Tripoli, Libya (PANA) - Libyan Prime Minister Abdelhamid Al-Dbaiba on Monday held a meeting with members of the ministerial committee [...] Full text...

thread Economy

ECOWAS investment bank secures $100 million credit line from India Exim Bank

29 march 2022 - 10:16:20
Lome, Togo (PANA) - The ECOWAS Bank for Investment and Development (EBID) and India Exim Bank, London, have signed a [...] Full text...

thread Economy

'Mauritius to protect and empower women' - Prime Minister

09 march 2022 - 07:17:08
Port-Louis, Mauritius (PANA) – Mauritian Prime Minister, Pravind Jugnauth, announced on Tuesday that the Government will protect and empower women, [...] Full text...

thread Gender

AfDB grants Tunisia loan of €104 million

08 march 2022 - 17:11:16
Tunis, Tunisia (PANA) - The African Development Bank (AfDB) Monday granted Tunisia a loan of 103.950 million euros within the [...] Full text...

thread Economy

Libya launches housing loan registration

28 february 2022 - 13:19:10
Tripoli, Libya (PANA) - The Ministerial Committee in charge of implementing the initiative of Prime Minister Abdelhamid al-Dbaiba regarding housing [...] Full text...

thread Society

Kenya electricity distribution firm in landmark profit jump

26 february 2022 - 00:18:34
Nairobi, Kenya (PANA) – Kenya Power, the consumer electricity distributor, has reported a net profit before tax of US$50 million [...] Full text...

thread Economy

Gambia’s Central Bank Governor says remittances rise to US$776.67

24 february 2022 - 09:54:39
Banjul, Gambia (PANA) - Remittances of individuals to the Gambia increased remarkably to US$776.67 in 2021, as they continued to [...] Full text...

thread Economy

Libyan govt explains initiatives announced by Prime Minister al-Dbaiba on housing

21 february 2022 - 13:01:01
Tripoli, Libya (PANA) - The Government of National Unity (GNA) on Sunday gave details of the initiative announced by Libyan [...] Full text...

thread Politics

AfDB Chief, Nigerian State Governors to advance Special Agro-Industrial Processing Zone Initiative in Nigeria

26 january 2022 - 23:47:47
Abidjan, Cote d'Ivoire (PANA) - Receiving four Nigerian State Governors and the Chief Executive Officer of the Nigeria Sovereign Investment [...] Full text...

thread Agriculture

AfDB Chief, Nigerian State Governors to advance Special Agro-Industrial Processing Zone Initiative in Nigeria

26 january 2022 - 23:36:12
Abidjan, Cote d'Ivoire (PANA) - Receiving four Nigerian State Governors and the Chief Executive Officer of the Nigeria Sovereign Investment [...] Full text...

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World Bank gives South Africa US$750 million loan

21 january 2022 - 06:52:41
Cape Town, South Africa (PANA) – The World Bank on Friday announced that it had approved South Africa’s request for [...] Full text...

thread Economy

Libyan Prime Minister says he will continue in office until power is handed over to an elected authority

28 december 2021 - 20:18:16
Tripoli, Libya (PANA) - The Libyan Prime Minister of the Government of National Unity, Abdelhamid Al-Dbaiba, said that he would [...] Full text...

thread Politics

AfDB gives Tunisia a €104 million loan

21 december 2021 - 18:49:47
Tunis, Tunisia (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a €104 million [...] Full text...

thread Economy

EIB mobilizes EUR 63 million to support entrepreneurship, innovation and social infrastructure in Tunisia

09 december 2021 - 21:55:39
Tunis, Tunisia (PANA) - Ricardo Mourinho Felix, vice-president of the European Investment Bank (EIB), reiterated here Thursday the Bank's willingness [...] Full text...

thread Economy

EBRD grants Tunisia 49 million euros

08 december 2021 - 13:21:52
Tunis, Tunisia (PANA) - The European Bank for Reconstruction and Development (EBRD) Tuesday granted Tunisia a loan of 49 million [...] Full text...

thread Economy

East African Trade Bank signs deal to finance solar power start up in Kenya

19 november 2021 - 23:22:17
Nairobi, Kenya (PANA) - The Eastern and Southern African Trade and Development Bank (TDB) has sealed a US$4.2 million transaction [...] Full text...

thread Economy

Ethiopian crisis: US repeats calls on citizens to leave Ethiopia

17 november 2021 - 07:33:37
Addis Ababa, Ethiopia (PANA) - The U.S. Embassy in Ethiopia is urging Americans in the country "to depart now" using [...] Full text...

thread Politics

Libyan PM says his decision to contest the presidential poll rests with 'the people'

16 november 2021 - 13:28:58
Tripoli, Libya (PANA) - Libyan Prime Minister Abdelhamid al-Dbaiba says that the decision to contest in the 24 December presidential [...] Full text...

thread Politics

Countering tax avoidance in Sub-Saharan Africa mining sector

05 november 2021 - 14:05:13
Dar es Salaam, Tanzania (PANA) - Sub-Saharan African countries will need to implement targeted policy actions to reduce profit shifting [...] Full text...

thread Economy

Legal licence of Zambia’s former first lady Mwanawasa suspended

27 october 2021 - 11:22:15
Lusaka, Zambia (PANA) – The legal practising licence of Zambia’s former first lady, Mrs. Maureen Mwanawasa, has been suspended indefinitely [...] Full text...

thread Society

AfDB loans Ghana $75 million for Infrastructure Investment

27 october 2021 - 11:10:04
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank’s Board of Directors has officially approved a $75 million commercial loan [...] Full text...

thread Economy

Mauritius aims to decrease greenhouse gas emissions by 40% by 2030

23 october 2021 - 09:39:37
Port-Louis, Mauritius (PANA) - Mauritius will encourage the use of renewable and clean energy to reduce the country’s dependence on [...] Full text...

thread Environment

EBRD, EU and Reefy Microfinance step up support for women entrepreneurs in Egypt

20 october 2021 - 10:06:48
Cairo, Egypt (PANA) - The European Bank for Reconstruction and Development (EBRD) announced Wednesday it is stepping up its support [...] Full text...

thread Gender

EBRD gives 6 million euros loan to General Company of Food Industries in Tunisia

15 october 2021 - 19:40:27
Tunis, Tunisia (PANA) - The European Bank for Reconstruction and Development (EBRD) Friday granted the General Company of Food Industries [...] Full text...

thread Economy

EBRD boosts youth participation in Egyptian economy

12 october 2021 - 13:39:24
Cairo, Egypt (PANA) - The European Bank for Reconstruction and Development (EBRD) is increasing economic opportunities in Egypt by collaborating [...] Full text...

thread Economy

Tanzania's pregnant student ban harms thousands: HRW

07 october 2021 - 10:25:33
Nairobi, Kenya (PANA) – Tanzania's ban on pregnant students and adolescent mothers attending school has denied tens of thousands of girls [...] Full text...

thread Gender

Botswana gets budget supplement from World Bank

05 october 2021 - 09:25:53
Gaborone, Botswana (PANA) - Botswana has secured its first budget support loan from the World Bank to support the country’s [...] Full text...

thread Economy

World Bank gives Mali US$237.5 million for four projects

04 october 2021 - 11:38:29
Bamako, Mali (PANA) - The World Bank has granted Mali US$237.5 million (about 133.119 billion CFA francs), in financial support [...] Full text...

thread Economy

Malpass outlines ways to boost growth, combat reversals in gender equality, address rising inequality and climate change

30 september 2021 - 14:22:09
Khartoum, Sudan (PANA) —World Bank Group President David Malpass on Thursday called our current era of high inequality and reversals [...] Full text...

thread Economy

EBRD, EU and GCF support climate mitigation and adaptation in Morocco

24 september 2021 - 13:37:40
Rabat, Morocco (PANA) - The European Bank for Reconstruction and Development (EBRD) – supported by the Green Climate Fund (GCF) [...] Full text...

thread Environment

EBRD finances 6th of October Dry Port in Egypt under EBRD Green Cities programme

13 september 2021 - 13:33:42
Cairo, Egypt (PANA) - The European Bank for Reconstruction and Development (EBRD) is supporting the construction of the first inland [...] Full text...

thread Economy

AfDB approves $137 million loan for post-pandemic economic recovery in Botswana

10 september 2021 - 15:36:21
Abidjan, Cote d’Ivoire (PANA) - Botswana’s economic recovery from the Covid-19 pandemic got a boost after the Board of Directors [...] Full text...

thread Economy

EBRD promotes energy efficiency and renewable energy in Egypt

10 september 2021 - 13:24:40
Cairo, Egypt (PANA) - The European Bank for Reconstruction and Development (EBRD) is boosting renewable energy and energy efficiency in [...] Full text...

thread Economy

Japan Credit Rating Agency reaffirms AfDB’s AAA rating with a stable outlook

03 september 2021 - 14:39:56
Abidjan, Côte d’Ivoire (PANA) - Japan Credit Rating Agency (JCR) has affirmed the African Development Bank’s long-term rating at AAA [...] Full text...

thread Economy

Libya records over US$3billion financial deficit in 2020: Audit report

25 august 2021 - 10:16:03
Tripoli, Libya (PANA) - A financial deficit of some 14 billion dinars was recorded in the Libya's state resources and [...] Full text...

thread Economy

AfDB supports Ghana to improve domestic resource mobilization, debt management capacity

19 august 2021 - 12:50:04
Accra, Ghana (PANA) - The African Development Bank Group and the Ministry of Finance in Ghana have launched a $7.4 [...] Full text...

thread Economy

EBRD, donors and QNB ALAHLI boost green investments in Egypt

18 august 2021 - 12:35:28
Cairo, Egypt (PANA) - The European Bank for Reconstruction and Development (EBRD) is boosting small businesses and green investments in [...] Full text...

thread Economy

Libyan Prime Minister announces initiatives to support the youth

13 august 2021 - 11:22:57
Tripoli, Libya (PANA) - Libyan Prime Minister Abdelhamid al-Dbaiba on Thursday announced the establishment of a National Youth Council as the government [...] Full text...

thread Society

Coronavirus: Burundi seeks IMF assistance to combat pandemic impacts

28 july 2021 - 09:41:00
Bujumbura, Burundi (PANA) – Struggling with critically low international reserves and decreased exports, Burundi has requested the International Monetary Fund [...] Full text...

thread Economy

Rights groups urge next Zambian govt to tackle lead poisoning at former mine

28 july 2021 - 07:01:15
Lusaka, Zambia (PANA) –  Zambia's next government after the 12 August elections should urgently clean up lead pollution that has affected [...] Full text...

thread Health

Coronavirus: IMF approves policy reforms and funding package to better support recovery of LICs

23 july 2021 - 13:51:13
Dakar, Senegal (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a set of reforms to [...] Full text...

thread Economy

AfDB approves US$20 million loan to support Covid-19 recovery in Seychelles

22 july 2021 - 19:32:57
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a US$20 [...] Full text...

thread Economy

ADF extends US$4.25 million loan to modernize tax collection, boost revenue in Lesotho

20 july 2021 - 18:35:00
Maseru, Lesotho (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a loan of [...] Full text...

thread Economy

Coronavirus: IMF commends Guinea’s response to pandemic, urges support for vulnerable households and businesses

01 july 2021 - 08:30:44
Conakry, Guinea (PANA) – Seriously affected by the COVID-19 pandemic, Guinea needs to diversify the economy and secure more inclusive, [...] Full text...

thread Economy

Sudan to receive debt relief under HIPC Initiative

30 june 2021 - 09:50:34
Washington, DC, US (PANA) - Sudan has taken the necessary steps to begin receiving debt relief under the enhanced Heavily [...] Full text...

thread Economy

ECOWAS Court dismisses application for removal of parliamentary immunity on MP

25 june 2021 - 17:06:19
Abuja, Nigeria (PANA) - ECOWAS Court has dismissed all reliefs sought by a Malian, Kandioura Gakou, alleging the violation of [...] Full text...

thread Society

WBG ups support for Climate Action in developing countries

23 june 2021 - 12:59:50
Washington, DC, US (PANA) - The World Bank Group has announced its new Climate Change Action Plan aiming to deliver [...] Full text...

thread Environment

World Bank supports Morocco’s reforms for social and economic resilience

18 june 2021 - 15:59:17
Rabat, Morocco (PANA) - The World Bank has approved a US$450 million loan to support momentum in Morocco for reforms [...] Full text...

thread Economy

AfDB lends €83 million to Egypt in support of electricity sector operations

17 june 2021 - 12:39:38
Cairo, Egypt (PANA) - The African Development Bank (AfDB)’s Board of Directors has approved an €83 million loan to finance [...] Full text...

thread Economy

Zimbabwean Bank moves to end housing crisis with mortgage financing deal

08 june 2021 - 12:21:25
Harare, Zimbabwe (PANA) - African housing development financier Shelter Afrique has signed a US$11 million housing deal with Harare-based African [...] Full text...

thread Economy

SMEs in Egypt to benefit from EBRD loan for green investments

08 june 2021 - 09:54:23
Cairo, Egypt (PANA) - Small and medium-sized enterprises (SMEs) in Egypt will benefit from a US$ 100 million loan by [...] Full text...

thread Economy

WB supports access to early childhood development services in Morocco

06 june 2021 - 11:42:20
Rabat, Morocco (PANA) - The World Bank has approved a US$450 million loan to support Morocco’s long-term strategy to strengthen [...] Full text...

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World Bank financing to improve access to electricity in Zanzibar

06 june 2021 - 11:22:09
Zanzibar, Tanzania (PANA) - Nearly 400,000 residents of Zanzibar, offshore island of Tanzania,  will have access to new or improved [...] Full text...

thread Economy

Korea grants US$ 60 million to Tunisia

01 june 2021 - 18:20:29
Tunis, Tunisia (PANA) - The Republic of Korea has given Tunisia a loan of US$ 60 million for the project [...] Full text...

thread Economy

AfDB extends US$84m to Rwanda to boost electricity access

01 june 2021 - 08:21:10
Kigali, Rwanda (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved US$ 84.22 million [...] Full text...

thread Economy

Tanzania, AfDB sign loan agreements for US$140 million to raise power generation

27 may 2021 - 14:41:03
Dar es Salaam, Tanzania (PANA) - The African Development Bank (AfDB) Group and the Government of Tanzania have signed loan [...] Full text...

thread Economy

US amends law to remove Sudan from list of state sponsors of terrorism

21 may 2021 - 09:13:28
Washington, DC, US (PANA) - The United States has amended the law that removes Sudan from countries that sponsor terrorism.  A [...] Full text...

thread Politics

Guinea-Bissau: AfDB grants 6m euros to empower women, youth in the cashew, fruit and vegetable sectors

19 may 2021 - 17:34:20
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a financing [...] Full text...

thread Economy

Kazungula Bridge Project to expand regional integration, trade across southern Africa

18 may 2021 - 20:53:24
Lusaka, Zambia (PANA) - On Monday, 10 May 2021, the Kazungula Bridge Project was officially commissioned by the presidents of [...] Full text...

thread Economy

IMF, WB, AfDB write off Sudan's debts, says PM Hamdouk

18 may 2021 - 07:19:20
Paris, France (PANA) - Sudanese Prime Minister, Dr. Abdalla Hamdouk, announced on Monday that the World Bank, the International Monetary [...] Full text...

thread Economy

Sudan paves road for foreign lenders after clearing US$413 million AfDB loan pile-up

13 may 2021 - 11:20:11
Abidjan, Cote d’Ivoire (PANA) - Sudan will access new funding from the African Development Bank after clearing its debt arrears [...] Full text...

thread Economy

IMF projects 5.1 percent rebound of Rwanda’s economy in 2021

07 may 2021 - 08:08:47
Kigali, Rwanda (PANA) – Rwanda’s economic growth is projected to rebound to 5.1 percent in 2021, compared to a contraction [...] Full text...

thread Economy

Guinea's mining sector supports growth despite COVID-19, IMF says

03 may 2021 - 17:08:09
Conakry, Guinea (PANA) - The Guinean mining sector is expected to continue to support overall growth in 2021 in Guinea, [...] Full text...

thread Economy

Guinea’s growth forecast to reach 5.2 per cent in 2021 - IMF

01 may 2021 - 09:37:07
Conakry, Guinea (PANA) - Guinea’s economy weathered the coronavirus (COVID-19) shock with a strong growth of 7 per cent in [...] Full text...

thread Economy

Mali to mobilise CFAF 20 billion for cotton growers cooperative societies

23 april 2021 - 15:48:42
Bamako, Mali (PANA) - An agreement aiming to mobilise at least 20 billion CFAF for the benefit of around 8,000 [...] Full text...

thread Agriculture

Ghana targets 7.5m properties for unique digital addresses

12 april 2021 - 22:53:16
Accra, Ghana (PANA) - Ghana's Vice-President Dr. Alhaji Mahamudu Bawumia said here Monday local authorities had identified some 7.5 million [...] Full text...

thread Social

FIFA hands Zamalek ultimatum to pay Acheampong $1 million fine

09 april 2021 - 14:09:32
Zurich, Switzerland (PANA0 - FIFA has on Thursday ordered Zamalek football of Egypt to pay US$1 million within 30 days [...] Full text...

thread Sports

Coronavirus: Some 10,000 people have lost their jobs in Mauritius during the pandemic

07 april 2021 - 09:55:38
Port-Louis, Mauritius (PANA) – The Industrial Development, SMEs and Cooperatives Minister, Mr Soomilduth Bholah, on Tuesday told the National Assembly [...] Full text...

thread Economy

AfDB extends €145 million loan to bolster Egypt’s railway safety and reliability

06 april 2021 - 14:41:37
Cairo, Egypt (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a loan of €145 [...] Full text...

thread Economy