Commodities

Bank Al-Maghrib Expected to Hold Key Rate Steady Amid Middle East Uncertainty

Morocco’s central bank is widely expected to maintain its benchmark interest rate at 2.25% when its policy council convenes on March 17, in what would mark the fourth consecutive pause in the current monetary cycle. Despite domestic macroeconomic conditions that would ordinarily justify further easing, geopolitical turbulence stemming from the Middle East conflict has prompted […]

European Parliament, Egypt hold 14th parliamentary meeting

The European Parliament and Egypt held this week in Cairo the 14th EU-Egypt Interparliamentary Meeting (IPM) that focused on fostering parliamentary dialogue and cooperation. The EU parliament’s delegation for relations with the Mashreq countries (DMAS), led by Chair Laurent Castillo, and Egyptian MPs discussed a wide array of critical issues, including bilateral relations, regional stability, […]

Africa’s infrastructure investment has recovered, but is unevenly distributed

Commitments for Private Participation in Infrastructure (PPI) across 263 projects in Africa were worth $91.7 billion in 2022, a 23% increase from 2021, according to the World Bank’s latest data projection on investments, which demonstrates that infrastructure investments in low- and middle-income countries have started to recover. But in terms of “the total number of […]