Tunisia's central bank kept its benchmark interest rate at 7.5% on Friday, maintaining March's cut from 8%—the first in five years amid pressure from President Kais Saied. Inflation fell to 5.6% in April, a five-year low, with 2024's 7% average projected to drop to 6.2% this year. The current account deficit widened to 3.26 billion dinars ($1.10 billion). Reserves shrank to 22.7 billion dinars (98 days of imports) from 27.3 billion (121 days) in 2024.
Spanish Prime Minister Pedro Sánchez met with Mauritanian President Mohamed Ould Ghazouani in Nouakchott this week, with migration high on
US President Donld Trump has said he is looking towards a quick resolution of Egypt’s water dispute with Ethiopia
Egypt’s continuing diesel purchase is said to be heavily impacting global markets, particularly in Europe, where supplies are becoming
China’s CCECC and Libya signed an MoU to revive stalled rail projects, including key coastal and inland routes linking Tripoli, Surt, and Sabha.
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