cherryblossom OCP

CBE Holds Interest Rates Steady as Egypt Navigates Persistent Inflation Pressures

Egypt’s Monetary Policy Committee on Thursday, November 20, has opted to maintain all key interest rates, keeping the overnight deposit rate at 21 percent, lending at 22 percent, and the main operation and discount rates at 21.5 percent. The decision underscores a guarded policy posture as inflation risks remain elevated both at home and abroad. […]

Morocco, South Africa must pool efforts to meet African challenges, Ambassador Amrani

Morocco and South Africa must work together to meet Africa’s challenges, Morocco’s ambassador to Pretoria, Youssef Amrani, said. Amrani, who was the guest on Sunday of the “politiki” program of the South African “Galaxy TV” channel, expressed Morocco’s determination to build relations of cooperation and solidarity with South Africa. “The two countries must work together […]

Mali lifts ban on political activity

Mali’s military rulers allowed political parties and the civil society to resume normalcy after a ban that was imposed in April. “The government decided to lift the suspension that barred political parties and the activities of political associations,” said a statement from the council of ministers. In August 2020, the Malian army staged a coup […]