Guinea protests

World Bank brings to $300 million funding to Morocco’s risk management system

The World Bank has added $100 million to an existing $200 million loan to help Morocco manage natural risks and hazards. “Protecting the people and economy against natural hazard can save Morocco over US$800 million a year,” said Jesko Hentschel, World Bank Maghreb Country Director. “Developing more resilience to the risk of natural disaster is […]

CBE Holds Interest Rates Steady as Egypt Navigates Persistent Inflation Pressures

Egypt’s Monetary Policy Committee on Thursday, November 20, has opted to maintain all key interest rates, keeping the overnight deposit rate at 21 percent, lending at 22 percent, and the main operation and discount rates at 21.5 percent. The decision underscores a guarded policy posture as inflation risks remain elevated both at home and abroad. […]

Tindouf camps shaken by violent clashes between a Sahrawi tribe’s factions

Violent clashes occurred Saturday evening within the Polisario-run Tindouf camps. The confrontations opposed members of two factions of the Rguibat tribe, causing serious material damage. The violent clashes in the so-called “Smara” camp opposed Ahl Lahcen Ouhmad and Oulad Moussa factions of the Rguibat tribe. According to concordant sources and videos relayed on social networks, […]