Egypt's central bank on Wednesday cancelled a March 28 meeting of its Monetary Policy Committee (MPC),saying an unscheduled rate hike two weeks ago was sufficient.
The interest rate rise was meant to accelerate the monetary tightening process and ensure a decline in underlying inflation, Egypt's central bank said on March 6.
Egypt's central bank deputy governor said interest rates will fall again, as the tightening cycle is temporary.
Sudan's agriculture minister, Abubakr al-Bushra, dismissed claims of famine in the country, questioning UN-backed data that 755,000
A heatwave in Morocco has claimed at least 21 lives within 24 hours in the central city of Beni Mellal,
Morocco's Economy and Finance Minister, Nadia Fettah Alaoui, announced on Thursday that the country's economy is
A Russian warship equipped with advanced hypersonic missiles docked at Algeria's Port of Oran Friday for a "
Sign up for the weekly newsletter and get our latest stories delivered straight to your inbox.
