GBISSAU-POLITICS-VOTE

Benin National Assembly Reaffirms Support for Morocco’s ECOWAS Bid

Speaker of Benin’s National Assembly Adrien Houngbedji reaffirmed his country’s support for Morocco’s bid to join the Community of West African States (ECOWAS). “Just as did the (Beninese) government, we (the parliament of Benin) welcome the will expressed by Morocco to join ECOWAS,” Houngbedji told the press following talks in Rabat with Foreign Minister Nasser […]

Libya’s Oil minister renews suspension of NOC chairman

Libya’s Oil Minister has suspended for the second time the chairman of the National Oil Corporation (NOC) and referred him for administrative investigation less than a month after Prime Minister Abdelhamid Dbeibah defused the crisis between the two institutions. NOC boss Mustafa Sanalla, under a decree (50/2021) issued by the oil ministry held by Mohamed […]

Morocco central bank cuts key interest rate as inflation drops

Morocco’s central bank cut its borrowing rate to 2.75% from 3% as inflation drops thanks to lowering food prices and easing external inflationary pressures, the bank said following its board meeting. “On the basis of all these considerations, the Board considered that the calibrated tightening of monetary policy, the regular monitoring of the transmission of […]