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Côte d’Ivoire warns of more expensive cocoa after US tariffs

North Africa Post

Chocolate prices are set to surge further as Côte d’Ivoire warns prices of key ingredient cocoa are set to skyrocket following Trump’s tariffs. The US proposed 21% tariffs on Côte d’Ivoire imports, the highest among West African nations. However, Washington said the new tariff would enter into force after 90 days. “When you tax our […]
Headlines Maghreb Morocco

Morocco’s Ismahane Elouafi appointed as FAO’s Chief Scientist

North Africa Post

Morocco’s Ismahane Elouafi was appointed Chief Scientist of the Food and Agriculture Organization (FAO), a newly created post by the UN agency. FAO Director General Qu Dongyu announced Ismahane Elouafi’s recent nomination at the 35th session of the FAO regional conference for the Near East and North Africa (NENA) region. The creation of the new […]
Business Finance Headlines Morocco

IFC to support Morocco’s major development, investment reforms

North Africa Post

The International Finance Corporation (IFC) intends to support the Moroccan government in its multiple reforms to ensure post-Covid economic recovery and plans to invest $300 million for fiscal year 2021. In this vein, the IFC and the Ministry of Economy and Finance signed Wednesday Wednesday a memorandum of understanding to strengthen their partnership and stimulate […]

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