AFESD loans

Rwanda regrets expulsion of ambassador from DRC

Rwanda Sunday expressed regret after neighbor Republic Democratic of Congo, DRC, expelled its ambassador Vincent Karega over alleged support for M23 rebel group. “It is unfortunate that the DRC government continues to blame Rwanda for its own governance and security failures,” the spokesman for the Rwandan government said in a statement. Rwanda “remains committed to […]

AU Rebukes Mauritania over Persistent Slavery

The African Union rebuked Mauritania for falling short of fully eliminating slavery after the country handed out lenient sentences to a slave owner. Mauritania should “give due regard to the issue of slavery and make the elimination… one of its priorities,” the pan-African body said in a statement on its website. The statement was published […]

Bank Al-Maghrib Expected to Hold Key Rate Steady Amid Middle East Uncertainty

Morocco’s central bank is widely expected to maintain its benchmark interest rate at 2.25% when its policy council convenes on March 17, in what would mark the fourth consecutive pause in the current monetary cycle. Despite domestic macroeconomic conditions that would ordinarily justify further easing, geopolitical turbulence stemming from the Middle East conflict has prompted […]