fatema El-Hassani

CBE Holds Interest Rates Steady as Egypt Navigates Persistent Inflation Pressures

Egypt’s Monetary Policy Committee on Thursday, November 20, has opted to maintain all key interest rates, keeping the overnight deposit rate at 21 percent, lending at 22 percent, and the main operation and discount rates at 21.5 percent. The decision underscores a guarded policy posture as inflation risks remain elevated both at home and abroad. […]

Sahara: Congolese President Félix Antoine Tshisekedi Expresses Solidarity with Morocco

President of the Democratic Republic of Congo, Félix Antoine Tshisekedi, has expressed solidarity with Morocco with regard to its international commitments in the area of Guerguarat. In a letter sent to King Mohammed VI, president Tshisekedi, who highlighted the friendly relations between the two countries, described as “unacceptable” the situation that has prevailed in the […]

Kenya, Somalia diplomatic row escalates over offshore riches

Kenya has halted diplomatic relations with Somalia after a row over oil and gas blocks spiraled out into conflict. Nairobi expelled Somalia’s ambassador on Saturday and called back its own representative in Mogadishu. Officials in Kenya said the Somalian Government’s decision to auction off oil and gas blocks in Kenya’s maritime territorial area that borders […]