The Central Bank of Egypt (CBE) kept its key interest rates unchanged at its August meeting, extending the pause observed since several meetings, after the previous monetary easing cycle. This decision was in line with market expectations. The overnight deposit rate remains at 19%, while the overnight lending rate stays at 20%. The main operation…...
Trending
- Niger: Night of fire in Niamey, General Tiani faces a major attack
- Senegal: Moody’s downgrades rating to Caa2 amid negotiations with the IMF
- Banks in Togo: Orabank and Ecobank neck and neck in the Top 10
- Mali: $173.1 million in cooperation with the UN for the period 2027-2031
- South Africa: First green sovereign bond expected by March 2027
- Senegal: a Wärtsilä power plant to secure Diamba Sud and prepare for the post-carbon era
- Nigeria: Abundance of Liquidity Pushes Interbank Rates Down
- Tarkwa: The Financial Stakes of Gold Fields’ Lease Renewal in Ghana
Egypt: Central Bank keeps key interest rates unchanged
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com