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Morocco’s Central Bank keeps rates unchanged amid persisting inflation
Morocco’s Central Bank has decided to keep its key interest rates unchanged at 3 pc due to persistent inflation fueled by soaring food prices and the war in Ukraine which continues to affect global economy. The decision was made Tuesday by the Board of Bank Al Maghrib during its second quarterly meeting held to discuss […]
Somaliland courts U.S. with Red Sea base and minerals in bid for recognition
Somaliland’s new president, Abdirahman Mohamed Abdullahi, is offering the United States access to a strategic military base near the Red Sea and critical mineral resources, including lithium, in exchange for formal diplomatic recognition. The breakaway region, which declared independence from Somalia in 1991, has yet to receive international recognition despite decades of stability and democratic […]
WB supports girls & women empowerment in Africa with $365 Mln funding
The World Bank Board has approved $365 million in International Development Association (IDA) financing to increase girls’ and women’s access to learning, economic opportunities, and utilization of health services, and to strengthen the institutional capacity for gender equality in Western and Central Africa. The Sub-Saharan Africa Women’s Empowerment and Demographic Dividend Plus project (SWEDD+) has […]



