BCIJ

Morocco’s Central Bank keeps rates unchanged, expects growth to reach 2.9 % in 2023 & 3.2 % in 2024

Morocco’s central bank has decided to keep its key rate unchanged at 3 percent due to the high degree of uncertainty surrounding the international developments and the domestic context in the aftermath of the earthquake that hit the country on Sept.08. The decision was made Tuesday by the Board of Bank Al-Maghrib after discussing local […]

Libya: Stakeholders in the Libyan Dialogue invited in Geneva to continue talks to blow up final hurdles

UNMIL Chief Envoy for Libya Bernardino Leon invited the Libyan political protagonists to continue the talks in the Swiss city of Geneva where the General National Congress team will be present. The Libyan Dialogue process will get back to Geneva after Leon pushed further to September 20 the new deadline for Libyans to clinch a […]

The African currency rollercoaster ride: struggling against super-strong US dollar

As the global economy sinks into another period of crisis, African currencies are depreciating against the US dollar and rising import costs are adding to inflationary pressures. With around half of all international trade invoiced in dollars, a stronger greenback hurts consumers across the world — including in Africa — that use dollars to pay […]