The Panga is a type of modest-sized, open, outboard-powered, fishing boat common throughout much of the developing world, including Central America, the Caribbean, parts of Africa, the Middle East, and much of Asia. The original panga design was developed by Yamaha as part of a World Bank project circa 1970. Pangas are commonly operated directly off of beaches. The name comes from the panga fish which is commonly netted, note the upswept bow of the boat which resembles the machete or knife called a panga.
SOURCE : https://en.wikipedia.org/wiki/Panga_(boat)