libyan migrants center

Morocco eases financial burden on enterprises to mitigate Covid-19 repercussions

Morocco will exempt enterprises from paying their contribution to the pension fund CNSS and will grant them a debt moratorium as part of measures to offset economic impact of the coronavirus, the Moroccan coronavirus economic monitoring committee said in a statement. King Mohammed VI instructed the government on Sunday to create a $1 billion fund […]

Morocco receives 10 million tourists in Jan-July

Morocco received 10 million tourists up to July this year, a record, as the country expects to outperform last year’s arrivals, the finance ministry said. Arrivals in the first seven months were 15% up compared to the same period last year, it said. In the month of July alone, 2.6 million people visited Morocco, up […]

West African cocoa crisis sends chocolate prices up

Higher cocoa prices, due to catastrophic harvest in West Africa, triggered a surge of chocolate prices. About 60% of Cocoa, a key chocolate ingredient, is produced in West African powerhouses Ghana and Cote D’Ivoire, which both reported a sharp drop in output due to a devastating heatwave. Experts expect that chocolate prices would further rise […]