According to reporting by Reuters Egypt's annual urban inflation rate slowed for a fourth consecutive month in June, to 27.5% from 28.1% in May, data from the country's statistics agency showed on Wednesday.
June's fall extended the downward shift from a record 38% in September 2023 as authorities have shifted to an inflation targeting model and a flexible exchange rate.
Egypt's core inflation, which strips out volatile items such as fuel and some types of food, eased to 26.6% year on year from 27.1% in May, central bank data showed later on Wednesday.
Libya's Interior Minister Emad Al-Trabelsi has warned that the country is struggling with an estimated 4 million illegal
Mauritania has expelled hundreds of West African migrants in recent weeks, drawing condemnation from NGOs and regional governments. Many deportees,
Tunisia has withdrawn from the African Court on Human and Peoples’ Rights, a move condemned by rights groups as a
Marsa Maroc reported a net profit of over $130 million in 2024, an increase of 49% over the previous year.
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