Sudanese Prime Minister Abdalla Hamdok

Moroccan government blames unemployment on drought

Morocco’s prime minister Aziz Akhannouch defended his government’s job creation policy despite a surge in unemployment which he blamed on drought. Speaking to members of the Upper House, Akhannouch said the jobs lost in the agriculture sector were already unstable fragile jobs. The unemployment rate surged to 13.3% in 2024 from 13% a year earlier, […]

Libya elected chair of International Olive Council

Libya has been elected to chair the International Olive Council (IOC), formerly the International Olive Oil Council, for a one-year term. The election took place during the 120th session of the IOC, held this week in Spain. Libya competed against Uruguay and Israel for the position. Iran, the outgoing chair, had sought an extension of […]

Morocco raises insurance tax to bolster natural disaster fund

Morocco’s government will implement a significant increase in the parafiscal solidarity tax on insurance contracts, raising the rate from 1 percent to 1.5 percent. The amendment, scheduled for approval by decree at this Thursday’s Council meeting, aims to strengthen the nation’s disaster response capabilities following recent catastrophic events. The additional revenue will flow directly into […]