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 […]
With 79% of the ballots counted, Rwanda’s President Paul Kagame has won more than 99% of the vote during Monday’s (15 July) presidential election, according to electoral authorities, putting him on course to serve a fourth term as the country’s leader. Kagame has won every election since 2000 and he is set for a fourth […]
Morocco’s central bank, Bank Al-Maghrib (BAM), has issued a MAD 250 silver commemorative coin and a MAD 100 commemorative banknote to celebrate the 35th Africa Cup of Nations – AFCON Morocco 2025. The silver coin features a portrait of King Mohammed VI, with the inscription “Kingdom of Morocco” and Mohammed VI” in Arabic, the Tifinagh […]
