Bourita with Rumanian PM

Morocco’s Central Bank maintains accommodative policy to promote growth

Morocco’s central bank kept its key interest rate unchanged at an all-time low of 1.5%, in a sign that it is more concerned about promoting growth, than curbing a high inflation caused by exogenous factors. The Bank said inflation would soar to 5% in 2022 and drop to 2% next year. Central Bank governor had […]

Benin, Sri Lanka waive visa requirement for diplomats

Benin and Sri Lanka have sealed a deal to scrap visa requirements for holders of diplomatic passports from both countries as part of efforts to bolster ties in many areas including politics, economy, culture and tourism. Shegun Adjadi and Ali Sabry respectively top diplomats from Benin and the Asian country inked the deal. The deal […]

Africa’s growing diplomatic backlash against ‘Israeli apartheid’ amid US’ Gaza-Ukraine hypocrisy

South Africa’s top diplomat has called on Israel to stop “this real crime against humanity” unfolding in Gaza, pointing to “very clear similarities” between Israel’s occupation and the system of apartheid in her country, just as experts highlight the hypocrisy in the largely failed push by the United States to cajole African governments into taking […]