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Bank of Africa (BOA) was named Best Bank in North Africa at the 20th edition of the African Banker Awards, held in Brazzaville on the margins of the African Development Bank’s Annual Assemblies. The ceremony brought together senior banking executives, regulators, and policymakers from across the continent for an event that has become the reference […]
Libya: Abu Dhabi bolsters support for Haftar
The United Arab Emirates (UAE) Monday underlined endorsement for Libya’s Field Marshal Haftar as Abu Dhabi crown Prince Sheikh Mohamed bin Zayed Al Nahyan hailed the army commander for defeating terrorists in Benghazi. Al Nahyan, also deputy supreme commander of the UAE armed forces was glorious of visiting Haftar who is seeking support from a […]
Tunisia: Price-wage spiral led to key interest rate increase -BCT
The Central Bank of Tunisia (BCT) explained the raising of its key interest rate by “past and recent wage increases that are likely to maintain a price-wage spiral.” This spiral is very detrimental to the economy and accentuates macro-economic imbalances because of the impact on the consumption of imported products, the BCT said, according to […]


