Morocco’s King thanks heads of state who sent earthquake rescue teams

King Mohammed VI thanked the heads of state of the UAE, Qatar, Spain, and the UK for the contribution of their rescue teams in the relief efforts after the earthquake. Morocco accepted aid from the four countries following a 7- magnitude earthquake that left around 3000 deaths and destroyed whole villages in the High Atlas […]

Morocco’s special earthquake reconstruction fund hits $2 bln milestone

The special fund launched to finance reconstruction efforts in quake-hit areas is about to hit the $2 billion milestone or 20 billion dirhams, central bank governor said. The earthquake that hit on September 8 claimed 3000 lives and shattered many villages in the western High Atlas. Up to Dec 15, the fund had 19 billion […]

Heavy rainfall damages Côte d’Ivoire’s Cocoa harvest

Chocolate manufacturers are preparing for yet another challenge in cocoa supply after Cote D’Ivoire reported significant damage to its crop following heavy rainfall. Cote D’Ivoire, which supplies 40% of the World’s Cocoa, said warehouses are still empty with expectations of a harvest 3 to 4 times due to bad weather. Cocoa represents 50% of Cote […]