Morocco’s high commission for planning issued bleak figures on the impact of coronavirus, which pushed 142,000 companies to halt activity, forcing 700,000 to temporary or lasting unemployment. In total, 57% of Moroccan enterprises, mostly small and medium sized have ceased operations. These comprise 135,000 enterprises that closed temporarily and 6,300 that declared bankruptcy, the HCP’s […]
Tag: Soaring Unemployment
Glue Holding Algeria together is no Longer Binding
The North Africa Post has been closely following the economic crisis in Algeria as it slowly unfolds in the wake of the oil price slump. Several articles have been published drawing attention to the omens of economic, social and political instability in Africa’s largest country. Today, grim prospects have become more starkly apparent than ever. […]

