Egypt’s annual core inflation rate stood at 24.4% in October 2024, showing a slight decrease from 25% in September 2024, according to data released by the Central Bank of Egypt (CBE). This figure, which excludes volatile items like food and energy, indicates a modest easing of inflationary pressures. The monthly core Consumer Price Index (CPI) […]
As it heads straight towards a spiral of economic and social turmoil reminiscent of the situation that it experienced in the late 1980s and the 1990s, Algeria tries desperately to catch up with its western neighbor Morocco. As Rabat increasingly outmanoeuvres Algiers on the continent thanks to a decades-long coherent African strategy underpinned by south-south […]
The Trump administration has reaffirmed its commitment to the $4 billion Lobito Corridor rail project in Africa, aiming to strengthen United States-Africa economic ties while countering China’s growing influence in the region. The initiative, which connects Angola, Zambia, and the Democratic Republic of Congo (DRC), is seen as a vital trade route for transporting minerals […]
