The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...

Real estate in Egypt continues to serve as a reliable store of value, supporting steady price growth over the long term: ...

Kenya’s manufacturing sector is collapsing as AfCFTA gains momentum. High costs, bad policies, and investor flight could cost ...

The interest rate in Egypt is anticipated to fall to 16.25 percent by the end of 2025 down from 28.25 in 2024, BMI Research, a Fitch Solutions company, said in a report in August.

A floating exchange rate and international support have helped draw billions of dollars back into Egypt’s economy. Now the banking industry hopes to see reforms to create a more dynamic private sector ...