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Bank of England lifts rate for first time since 2023 to fight inflation

The Bank of England (BoE) raised its benchmark interest rate to four per cent on Thursday, the first increase in more than three years, as soaring energy costs push up global inflation. The central bank tightened borrowing costs by a quarter point, catching up with the US Federal Reserve and the European Central Bank in lifting rates…

Bank of England lifts rate for first time since 2023 to fight inflation

The Bank of England (BoE) raised its benchmark interest rate to four per cent on Thursday, the first increase in more than three years, as soaring energy costs push up global inflation. The central bank tightened borrowing costs by a quarter point, catching up with the US Federal Reserve and the European Central Bank in lifting rates…

Africa: Africa Made It Unveils Blueprint To Capture Usd 34B In Gdp And Accelerate African Industrial Sovereignty

[Africapractice] Africa Made It, the continental movement driving Africa's industrial sovereignty, today officially launched its campaign, ''Power, Protect and Purchase,'' at the CANEX weekend in Lagos, Nigeria.

  • Africa Made It proposes USD 34B GDP capture plan
  • Power, Protect and Purchase focuses on local garment processing
  • Initiative aims to create 2M jobs and boost GDP by USD 34B

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