A recently-held UN forum on African descent urged urgent action to compensate Africa and the African diaspora for the enduring legacies of colonialism, enslavement, apartheid and genocide between the 16th and 19th centuries. The forum brought together governments, civil society and regional organizations who discussed in New York the elaboration of a system to compensate […]
As the Rwandan government on Sunday raised the curtain of a three-month remembrance period, marking the 25th anniversary of the 1994 Rwandan genocide against the Tutsi, King Mohammed VI addressed a written message to President Paul Kagame. The royal message expresses Morocco’s solidarity with the Rwandan people and renews its strong resolve to bolster bilateral […]
The Central Bank of Egypt (CBE), on Thursday, 25 December, announced a 100-basis-point reduction in its key interest rates, marking its fifth rate cut this year as policymakers respond to easing inflationary pressures. In a statement, the CBE said its Monetary Policy Committee lowered the deposit rate to 20 percent, the lending rate to 21 […]
