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Morocco elected by acclamation to IAEA Board of Governors

Morocco has been elected this Thursday to the Board of Governors of the International Atomic Energy Agency (IAEA) for the 2024-2026 term. The election took place during the ongoing 68th regular session of the IAEA General Conference in Vienna. The Kingdom’s election by acclamation to the IAEA’s key decision-making body, representing Africa, reflects the international […]

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. […]

IsDB grants Côte d’Ivoire $195m credit facility for road construction project

Côte d’Ivoire has received from the Islamic Development Bank (IsDB) a financing credit worth $195 million for the construction of a 74km-long road inscribed in the National plan of development, Sika reports. The credit line will finance Bouake-Darakokaha express road, a section of the planned 1,300 km long road project Abidjan-Ouagadougou (Burkina Faso), to cost […]