Morocco’s Central Bank, Bank Al Maghrib, kept its benchmark interest rate unchanged at 2.25% following its board meeting on Tuesday, December 19. The Bank said inflation was expected to reach 0.7 % on average at year end, down from 1.6 percent in 2016. The bank also revised down economic growth to 4.1% this year from […]
Burkina Faso authorities have budgeted $1.09 billion for defense expenditure this year, an increase of 49.43 per cent compared to last year, to address security concerns caused by terrorism activities. The West African country has been grappling with insecurity caused by terrorists and a political instability. The central government has lost around 40 per cent […]
The United Nations has confirmed that at least 319 civilians — including 48 women and 19 children — were brutally killed by M23 rebels in eastern Democratic Republic of Congo (DRC) between 9 and 21 July, marking one of the deadliest episodes since the group’s resurgence in 2022. According to UN Human Rights Chief Volker […]
