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 […]
Morocco’s railway operator ONCF has presented a “strategic” plan to expand the service for a total cost of 8.8 billion dollars, in a project that drew interest of investors offering up to 14 billion dollars, head of the African Development Bank chief Akinwumi Adesina said. The project was a “big success” for Morocco, Adesina said […]
Few weeks after being rebuked in a UN Secretary General’s report for obstructing the functioning of the UN mission in the Sahara, the Polisario prepares for yet another blatant violation of the ceasefire agreement east of the berm putting the peace process in front of a new test. Antonio Guterres urged in a report on […]
