Morocco plans to introduce subsidies to help small companies leave the informal sector, employment minister Younes Sekkouri said. The aid consists of 10000 dirhams to subsidize rent payments of small companies to help them integrate the formal sector, Sekkouri said. Sekkouri deplored that 70% of Moroccan entrepreneurs are operating in the underground economy. He also […]
As the global economy sinks into another period of crisis, African currencies are depreciating against the US dollar and rising import costs are adding to inflationary pressures. With around half of all international trade invoiced in dollars, a stronger greenback hurts consumers across the world — including in Africa — that use dollars to pay […]
Morocco welcomed the actions taken by international rights watchdogs with regard to the blatant violations committed in the Algerian territory by the Polisario militia. Spokesman for the government said that rights violations in the Polisario-administered Tindouf camps are now an international concern. Human Rights Watch issued three days ago a scathing report denouncing the crackdown […]
