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Finance

Morocco Launches ‘AfriDou@ne’ Program to Boost African Customs Cooperation

December 30, 2024 Khalid Al Mouahidi 0

Morocco’s Customs and Indirect Tax Administration (ADII) has announced the launch of the “AfriDou@ne” program, a flagship international cooperation initiative aligned with its 2024-2028 strategic […]

Egypt: CBE keeps interest rates unchanged in final meeting for 2024

December 29, 2024 Khalid Al Mouahidi 0

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) met on Thursday, December 26, and decided to maintain the overnight deposit rate […]

Cape Verde to raise key interest rates by 50 basis points

December 28, 2024 Pawla Nibramich 0

Cape Verde’s banking system has leveraged the interest rate differential to increase liquid assets abroad, according to a statement issued by the BCV (Bank of […]

UAE becomes Africa’s leading investor with staggering $110bn projects across continent

December 25, 2024 Geraldine Boechat 0

The United Arab Emirates (UAE) has rapidly become Africa’s leading investor, committing over $110 billion to new business projects across the continent from 2019 to […]

IMF releases immediate tranche of $47.4 million for Mauritania

December 20, 2024 Khalid Al Mouahidi 0

In a recent press release, the International Monetary Fund (IMF) announced the approval of an immediate disbursement of approximately $47.4 million (36.16 units of account) […]

Angolan President approves new loans worth $1.5 billion

December 12, 2024 Steven Addamah 0

The President of Angola João Lourenço has authorized the signing of financing agreements totaling $1.5 billion (€1.4 billion), according to a presidential order issued on […]

World Bank to mobilize record $100 billion for world’s poorest Nations

December 9, 2024 Steven Addamah 0

The World Bank (WB) announced on Friday, December 6, in Seoul that it will mobilize an unprecedented $100 billion over the next three years to […]

Kenya’s Central Bank Implements Bold Rate Cut to Boost Economic Growth

December 8, 2024 Pawla Nibramich 0

Kenya’s central bank has enacted a significant 75-basis-point reduction in its benchmark lending rate, lowering it to 11.25 percent in a decisive move to stimulate […]

Oxford Business Group Report: Mauritania advancing towards sustainable and inclusive growth

December 6, 2024 Khalid Al Mouahidi 0

Mauritania is proud of its diversified economy, with various sectors driving its robust economic growth, as highlighted in Report Mauritania 2025 by Oxford Business Group. […]

South Africa: Global Tensions Impact Currency Markets

December 5, 2024 Steven Addamah 0

South Africa’s rand weakened against major currencies as international investors shifted toward safe-haven assets amid escalating political uncertainty in South Korea. The currency movement reflects […]

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News

  • AfDB Forecasts 22% Economic Growth for South Sudan in 2026, Around 4.8 in 2027

    August 2, 2026 0
  • Tiznit-Dakhla Expressway, Named “Donald J. Trump Highway”, Perfect Illustration of Deep Mutual Esteem Between HM the King Mohammed VI& President Donald J. Trump

    August 2, 2026 0
  • President Trump Reaffirms U.S. Recognition of Morocco’s Sovereignty over the Sahara in Message to King Mohammed VI

    August 1, 2026 0
  • Kenya says cooperation with Ethiopia expanding across key sectors

    July 31, 2026 0
  • Nigeria: Reform Savings Offset by Rising Debt Servicing, Public Spending

    July 31, 2026 0

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Recent Posts
  • AfDB Forecasts 22% Economic Growth for South Sudan in 2026, Around 4.8 in 2027
  • Tiznit-Dakhla Expressway, Named “Donald J. Trump Highway”, Perfect Illustration of Deep Mutual Esteem Between HM the King Mohammed VI& President Donald J. Trump
  • President Trump Reaffirms U.S. Recognition of Morocco’s Sovereignty over the Sahara in Message to King Mohammed VI
  • Kenya says cooperation with Ethiopia expanding across key sectors
  • Nigeria: Reform Savings Offset by Rising Debt Servicing, Public Spending
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