State fund CDG said that the losses due to coronavirus could amount to $5.4 billion (54 billion dirhams) with Morocco expecting a recession in 2020. The study was based on the hypothesis of a four-month-long crisis and a gradual resumption of activity by July 2020. It expects agricultural production to contract by 6% with only […]
Morocco has urged the Europol for closer cooperation to monitor radicalized youth in Europe, head of Morocco’s counterterrorism agency (BCIJ) Abdelhak Khiame said. Morocco has established a strategy to protect its large diaspora in Europe from the threat of extremism, he said in an interview with Spanish news agency EFE, urging Europol to give Moroccan […]
Carbon taxes, which the EU braces to impose, could slash by up to 10% South African exports, the central bank warned. The warning comes as the South African economy navigates tumultuous waters, with the flight of foreign investors, corruption, insecurity and electricity outages. The country produces 80% of its electricity from coal and is seeking […]
