Côte d’Ivoire, Ghana cocoa growers step up fight to improve farmers’ pay

Although Côte d’Ivoire is the world’s top cocoa producing country, accounting for around 45% of the global cocoa beans production, the country receives just 4% of the chocolate industry’s estimated annual returns worth $100bn. Being on the “front lines of the climate crisis,” cocoa farmers in the region harvests suffer, so do their livelihoods, according […]

EU loans Tunisia €200m for SMEs financing

Tunisia has ratified a loan agreement with the European Union for €200 million to be tapped by the country’s Small and Medium Enterprises (SMEs). The deal for the credit line which includes €50 million in form of grant, was signed back in June last year and covers the 2021-2023 period. The financing aims to boost […]

President Tebboune bans Algerian companies from dealing with Moroccan peers

Algeria’s president Tebboune ordered the government as well as public and private companies to refrain from doing business with what he called “foreign entities”, targeting in particular Moroccan operators. Blinded by hostility to everything Moroccan, Algeria’s new ailing president Tebboune is desperately seeking to distract the Algerian people from the worsening economic and social crisis […]