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Morocco Benchmarks Interest Rate At 2.25%

Morocco’s central bank kept its benchmark interest rate unchanged at 2.25 percent on Tuesday, saying current borrowing costs were consistent with medium-term inflation and growth outlook. Inflation, mainly affected by.

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Uganda Central Bank To Hold Lending Rate At 10%

Uganda’s central bank held its key lending rate on Tuesday and forecast faster economic growth for 2019/20. Bank of Uganda Governor Emmanuel Tumusiime-Mutebile said the bank had held the level.

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Ethiopian PM Arrives Sudan On Peace Talk

Ethiopian Prime Minister Abiy Ahmed arrived in the Sudanese capital on Friday to broker talks between the ruling generals and protest leaders. The visit comes after a deadly crackdown by.

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IMF Urges South Africa To Speed Up Reforms

South Africa’s subdued economic growth could be reignited if the implementation of structural reforms, including at troubled state power utility Eskom, is accelerated, the International Monetary Fund said on Monday..

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Pakistan And Egypt Agrees To Bilateral Contacts

Pakistan and Egypt Friday agreed to comprehensively upgrade cooperation in all fields and increase the frequency of bilateral political contacts and exchanges. The bilateral ties were discussed in a meeting.

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Salva Kiir Promises Peace

South Sudan President Salva Kiir vowed on Thursday to bring lasting peace to his country and urged warring parties to pursue unity to help foster development in the world’s youngest.

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Kenya To Negotiate New Development Facility

Kenya is negotiating with the World Bank for a $750 million loan for budgetary support, documents on the proposed funding posted on the lender’s website showed on Tuesday. The East.

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Malawian Secures New Office Term

Malawi’s President Peter Mutharika has secured another five year term in a keenly contested election the country’s electoral commission said on Monday. It was announcing election results that had been.

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Telkom Seeks Equity Partner

Telkom, is seeking an equity partner to help build more mobile-network towers as the former South African phone monopolist seeks new ways to increase revenue away from its core, fixed-line.

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Polaris International To Launch 28 Industrial Units

Egypt’s Polaris International for Industrial Parks says it plans to launch 28 industrial units in Bosla, a complex for small and medium-sized businesses in Sixth of October City, by next.

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