Egypt interest rate cut first step in long journey
By Bloomberg
18 February 2018 |
2:30 pm
Egypt interest rate cut first step in long journey.
Related
1 Jun
The German company said it has sealed the biggest order in its history to build the world's sixth-largest rail network. Tracks will connect cities along the Nile with the Red and Mediterranean seas.
1 Jun
With record-high temperatures in Northern Africa and food security worries from Egypt to Morocco, agrivoltaic projects in the region are getting more and more attention.
1 Jun
A cache of hundreds of ancient Egyptian coffins and bronze statuettes have gone on display in Egypt. The discoveries were made in the Saqqara archaeological site south of Cairo.
2 Jun
The YouTube Africa Day Concert 2022 seeks to bring Africans, the Diaspora, and people from across the world together to celebrate a continent that is home to more than 1.5 billion people and find new ways of artistic expression. This year’s concert features artists from Nigeria, Sierra Leone, Tanzania, South Africa, and Congo.
5 Jun
The world's most ignored displacement crises are in Africa, according to an annual ranking. It's the first time all 10 are on the African continent.
5 Jun
In Africa, where many countries outlaw homosexuality, LGBT people live in fear of attacks and imprisonment.
7 Jun
Germany is keen to ditch Russian oil and gas for good and find new sources of energy, while Africa has abundant fuel reserves. The German-Africa Energy Forum has helped delegates develop mutually beneficial partnerships.
13 Jun
March 17, 1992: This date will forever be remembered in South Africa as the day when whites voted to end the apartheid system that privileged them and oppressed others. The country has seen momentous change since then — but is still wracked by injustice and poverty.
14 Jun
Senegalese President Macky Sall, who is the current chair of the African Union, granted an interview to FRANCE 24 and RFI in Paris. He discussed his meeting with Russian leader Vladimir Putin last week in Sochi, which focused on the issue of grain supplies stuck in Ukrainian ports. Sall said he stressed to Putin that Africa is suffering from the war in Ukraine, as it already faces a shortage of grain and fertiliser. He warned of a possible "famine" on the continent if African farmers have insufficient fertiliser for their crops.
19 Jun
Egypt's Minister of International Cooperation, Rania A. Al-Mashat, granted an interview to FRANCE 24 in Ivory Coast's economic capital Abidjan. Although the war in Ukraine is threatening Egypt's food security, the minister believes that "pre-emptive action" undertaken by Cairo in the past few years will help "mitigate" the impact of a possible wheat shortage. Al-Mashat also called for the COP27 climate summit in the Egyptian resort of Sharm el-Sheikh in November to be one turning of "pledges" into "implementation".
16 Jun
"What a special moment," European Commission chief Ursula von der Leyen said after signing the gas memorandum. Europe is looking for alternate sources of energy since Russia’s invasion of Ukraine.
16 Jun
Tax revenues could make a vital contribution to the development of African countries. But the untapped informal sector, also known as the shadow economy, and inadequate collection of taxes stand in the way.
Latest
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Thursday.
1 day ago
After speaking with Palestinian leader Mahmoud Abbas, the German chancellor bristled at his use of the words apartheid and Holocaust with regards to Israel.
1 day ago
11 Hindu men given life sentences for raping a Muslim woman in 2002 and killing seven of her family have been released from prison. The rape took place during riots in Gujarat state, led at the time by Narendra Modi.
1 day ago
Officials of the Nigeria Social Insurance Trust Fund (NSITF) currently being questioned by the Nigerian Senate have claimed that some of the payment vouchers relating to the transfer of the sum of 17.16 billion in 2013 have been eaten up by termites.
1 day ago
The vast majority of Sierran Leoneans — 80 percent in fact — are under 35. But is the government doing enough to empower this young generation? DW's Edith Kimani asks young Sierra Leoneans if they feel powerful enough to make their mark on the global stage.