Credit Agricole Maroc

Drought worsens Morocco’s unemployment rate to 13.1%

Morocco’s unemployment rate surged to 13.1% on the back of persisting drought in the first half this year, compared with 12.4% the same period last year. Youth unemployment, in particular, soared to 36%, with 19% reported among degree holders, the high commission for planning HCP said. The total number of the unemployed in Morocco grew […]

Tunisia: Kais Saied shakes up cabinet lineup

Tunisian President Kais Saied conducted Monday a slight cabinet reshuffle with the replacement of two ministers in the wake of an unpopular second round of legislatives. A statement from his office announced that Ali Boughdiri replaces minister of Education Fathi Selaouti while Abdelmonam Belati takes over the ministry of Agriculture from Mohamed Ilyes. The office […]

Ramadan: celebrations in parts of Africa muted by soaring food prices, conflicts in Gaza, Sudan

As the Muslim holy month of Ramadan begins on Monday or Tuesday (11-12 March), depending on the sighting of the new moon, Muslims in parts of Africa are bracing themselves for more subdued celebrations amid soaring food prices and continuing violence in Sudan, Gaza and elsewhere in the continent. UN Secretary-General Antonio Guterres and the […]