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Morocco cancels customs duty on oilseeds

Morocco has canceled customs duty on oilseeds and other ingredients used for table oil in order to deal with skyrocketing prices. The decision was announced by the government spokesman Mustapha Baitas following the weekly cabinet meeting Thursday. The decision aims to alleviate the financial burden on households as the price of cooking oil is set […]

Morocco’s BCP acquires 100% of capital of Brazzaville-based BCI

Morocco’s BCP bank said on Friday it completed the acquisition of BCI bank in Congo Republic from France’s BPCE after having met all regulatory requirements. Speaking on the sidelines of a ceremony to seal the agreement, BCP CEO Kamal Mokdad said “the acquisition of BCI will help BCP group strengthen its presence in the Economic […]

UNICEF warns of rise in violence against children in Sahel

The UNICEF urged protection for children in the central Sahel after a surge in violence against them by 130% by the end of last year. Recruitment by armed groups amid rampant insecurity and attacks on civilians contributed to the “dramatic” increase in casualties among the under-age, notably in conflict stricken countries like Mali and Burkina […]