First Independent Mena Newspaper
Morocco’s consumer price index fell 0.9 percent in May 2026 compared with April, driven by a 2.1 percent decline in food prices and a stable non-food index, according to the latest note published by the High Commission for Planning (HCP). The core inflation indicator, which excludes volatile and regulated products, stood 0.1 percent below its […]
Morocco’s consumer price index rose 1.7 percent in April 2026 on a twelve-month rolling basis, ticking up from the 1.1 percent recorded in March, according to data published Friday by the High Commission for Planning (HCP). The headline figure remains comfortably below the two percent threshold set as the reference level by monetary authorities, and […]
The High Commission for Planning reports that inflation continued its downward trajectory for the third consecutive quarter, reaching -0.1% in the fourth quarter of 2025, compared to 2% at year’s beginning. This reversal resulted from a 0.7% contraction in food prices combined with a 0.4% increase in non-food products. The sharp food inflation retreat was […]
An International Monetary Fund (IMF) mission is scheduled to arrive in Cairo in early December 2025 to conduct the fifth and sixth reviews of Egypt’s $8 billion Extended Fund Facility (EFF) and the first review under the $1.3 billion Resilience and Sustainability Facility (RSF), according to Julie Kozack, Head of the IMF’s Communications Department. Speaking […]
Sub-Saharan Africa’s economy is expected to grow by 3.8% in 2025, a modest but meaningful rebound driven by easing inflation, stabilizing currencies, and improving investment conditions, according to the World Bank’s latest Africa Pulse report released Tuesday (7 Oct). The forecast marks an upgrade from April’s 3.5% projection and reflects renewed optimism in key economies […]
Despite mounting global economic uncertainties, East Africa remains on a steady growth path, driven by investments in infrastructure, energy, agriculture, and digital innovation. According to a recent Deloitte’s 2025 East Africa Economic Outlook, the region is set to be the fastest-growing on the continent, even as high inflation, rising debt, and currency volatility pose significant […]
Nigerian naira, Malawian kwacha and Rwandan franc have been named the worst-performing African currencies against the US dollar in 2024, according to a latest report, having faced an array of challenges, from persistent trade imbalances, dwindling foreign reserves, to political instability. Some African nations strengthened their currencies, while others faced worsening exchange rates in 2024. […]
Nigeria’s senate plans to pass legislation to criminalize the export of corn amid concerns over hunger and rising staple prices in Africa’s most populous nation. Nigeria has been grappling with a worsening food inflation which surged to 39.16% in October this year. This inflation has been exacerbated by climate conditions, currency devaluation and the removal […]
As many as 18 million Ghanaians are expected to cast their vote on 7 December to elect the country’s new president with concerns about inflation, unemployment and debt high on their priority list. Despite a tight race for the presidency, which will be contested between vice president Mahamudu Bawumia and former president John Mahama, analysts […]
Higher food prices triggered a surge in the inflation rate to 33.9% in Nigeria in October, up from 32.7% a month earlier, the national statistics agency said. The jump was attributed to a steep rise in the prices of staples such as maize, rice, and cooking oil, the agency said. In a bid to tame […]